What is the current CHCO ATM implied volatility?

As of May 15, 2026, City Holding Company (CHCO) at-the-money implied volatility is 170.7%. IV rank is 42.8% 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 CHCO 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 CHCO volatility skew tell options traders?

Volatility skew is the pattern by which IV varies across strikes for a given expiration. City Holding Company carries the typical equity downside-protection skew: 25-delta puts price meaningfully richer than 25-delta calls. 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.

City Holding Company (CHCO) 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.

City Holding Company (CHCO) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $1.72B, listed on NASDAQ, employing roughly 942 people, carrying a beta of 0.49 to the broader market. City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust and investment management, and other financial solutions in the United States. Led by Charles R. Hageboeck, public since 1987-06-26.

Snapshot as of May 15, 2026.

Spot Price: $121.44
ATM IV: 170.7%
IV Skew 25Δ: -0.075
IV Rank: 42.8%
IV Percentile: 98.8%
Term Structure Slope: -1.448

As of May 15, 2026, City Holding Company (CHCO) at-the-money implied volatility is 170.7%. IV rank is 42.8% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 98.8%. The 25-delta skew is -0.075: puts carry meaningful premium over calls, a classic equity downside-protection skew. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

CHCO Strategy Selection at Current Volatility Levels

For City Holding Company options at 170.7% ATM IV, mid-range IV rank (42.8%) 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 is meaningfully put-skewed, so put-credit spreads capture more premium for the same width than call-credit spreads. 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 →

CHCO highest implied-volatility contracts

Type	Strike	Expiration	Volume	OI	IV	Bid	Ask
PUT	$120.00	Jun 18, 2026	0	145	170.7%	$0.55	$5.40

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

Frequently asked CHCO volatility skew questions

What is the current CHCO ATM implied volatility?: As of May 15, 2026, City Holding Company (CHCO) at-the-money implied volatility is 170.7%. IV rank is 42.8% 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 CHCO 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 CHCO volatility skew tell options traders?: Volatility skew is the pattern by which IV varies across strikes for a given expiration. City Holding Company carries the typical equity downside-protection skew: 25-delta puts price meaningfully richer than 25-delta calls. 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.