Clarus Corporation (CLAR) 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.
Clarus Corporation (CLAR) operates in the Consumer Cyclical sector, specifically the Leisure industry, with a market capitalization near $97.3M, listed on NASDAQ, employing roughly 470 people, carrying a beta of 1.03 to the broader market. Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. Led by Warren Kanders, public since 1998-05-27.
Snapshot as of May 15, 2026.
- Spot Price
- $2.74
- ATM IV
- 174.2%
- IV Skew 25Δ
- 0.294
- IV Rank
- 38.5%
- IV Percentile
- 90.9%
- Term Structure Slope
- -0.850
As of May 15, 2026, Clarus Corporation (CLAR) at-the-money implied volatility is 174.2%. IV rank is 38.5% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 90.9%. The 25-delta skew is +0.294: 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.
CLAR Strategy Selection at Current Volatility Levels
For Clarus Corporation options at 174.2% ATM IV, mid-range IV rank (38.5%) 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 →
Frequently asked CLAR volatility skew questions
- What is the current CLAR ATM implied volatility?
- As of May 15, 2026, Clarus Corporation (CLAR) at-the-money implied volatility is 174.2%. IV rank is 38.5% 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 CLAR 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 CLAR volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Clarus Corporation 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.