Crown Holdings, Inc. (CCK) Volatility Skew
Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.
Crown Holdings, Inc. (CCK) operates in the Consumer Cyclical sector, specifically the Packaging & Containers industry, with a market capitalization near $11.20B, listed on NYSE, employing roughly 23,000 people, carrying a beta of 0.65 to the broader market. Crown Holdings, Inc. Led by Timothy J. Donahue, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $96.51
- ATM IV
- 26.9%
- IV Skew 25Δ
- 0.030
- IV Rank
- 38.9%
- IV Percentile
- 63.9%
- Term Structure Slope
- 0.002
As of May 15, 2026, Crown Holdings, Inc. (CCK) at-the-money implied volatility is 26.9%. IV rank is 38.9% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 63.9%. The 25-delta skew is +0.030: calls carry premium over puts, indicating upside speculation or squeeze risk. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
CCK Strategy Selection at Current Volatility Levels
For Crown Holdings, Inc. options at 26.9% ATM IV, mid-range IV rank (38.9%) is the regime where directional conviction matters more than vol-regime positioning; strategy choice should follow the event calendar and the dealer-positioning view rather than IV rank alone. The 25-delta skew tilts to calls, so call-credit spreads or covered-call writes harvest more premium than put-credit spreads of the same width. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.
Learn how volatility skew is reported and how to read the data →
CCK highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $105.00 | Jul 17, 2026 | 1.2K | 202 | 25.8% | $1.15 | $2.15 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked CCK volatility skew questions
- What is the current CCK ATM implied volatility?
- As of May 15, 2026, Crown Holdings, Inc. (CCK) at-the-money implied volatility is 26.9%. IV rank is 38.9% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
- Is CCK IV high or low historically?
- IV is near its 1-year median, a regime where strategy choice depends on directional conviction and event calendar rather than vol regime.
- What does CCK volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Crown Holdings, Inc. shows upside-skewed pricing: 25-delta calls trade richer than 25-delta puts, often reflecting upside speculation or squeeze risk. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.