Celanese Corporation (CE) 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.

Celanese Corporation (CE) operates in the Basic Materials sector, specifically the Chemicals industry, with a market capitalization near $6.58B, listed on NYSE, employing roughly 11,000 people, carrying a beta of 0.81 to the broader market. Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. Led by Scott A. Richardson, public since 2005-01-21.

Snapshot as of May 15, 2026.

Spot Price
$56.52
ATM IV
54.0%
IV Skew 25Δ
-0.005
IV Rank
9.7%
IV Percentile
30.6%
Term Structure Slope
-0.015

As of May 15, 2026, Celanese Corporation (CE) at-the-money implied volatility is 54.0%. IV rank is 9.7% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 30.6%. The 25-delta skew is -0.005: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

CE Strategy Selection at Current Volatility Levels

For Celanese Corporation options at 54.0% ATM IV, low IV rank (9.7%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. 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 →

CE highest implied-volatility contracts

TypeStrikeExpirationVolumeOIIVBidAsk
PUT$60.00Jun 18, 2026282.6K53.7%$5.40$5.90

Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.

Frequently asked CE volatility skew questions

What is the current CE ATM implied volatility?
As of May 15, 2026, Celanese Corporation (CE) at-the-money implied volatility is 54.0%. IV rank is 9.7% 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 CE IV high or low historically?
IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
What does CE volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. Celanese Corporation skew is roughly flat across the 25-delta wings. 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.