CleanSpark, Inc. (CLSK) 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.
CleanSpark, Inc. (CLSK) operates in the Technology sector, specifically the Software - Application industry, with a market capitalization near $3.41B, listed on NASDAQ, employing roughly 256 people, carrying a beta of 3.72 to the broader market. CleanSpark, Inc. Led by S. Matthew Schultz, public since 2016-11-16.
Snapshot as of May 15, 2026.
- Spot Price
- $13.27
- ATM IV
- 83.3%
- IV Skew 25Δ
- 0.030
- IV Rank
- 29.0%
- IV Percentile
- 30.6%
- Term Structure Slope
- 0.009
As of May 15, 2026, CleanSpark, Inc. (CLSK) at-the-money implied volatility is 83.3%. IV rank is 29.0% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 30.6%. The 25-delta skew is +0.030: 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.
CLSK Strategy Selection at Current Volatility Levels
For CleanSpark, Inc. options at 83.3% ATM IV, low IV rank (29.0%) 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. 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 →
CLSK highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $13.00 | May 22, 2026 | 7.0K | 439 | 88.9% | $0.48 | $0.52 |
| PUT | $13.00 | May 22, 2026 | 7.0K | 439 | 88.9% | $0.48 | $0.52 |
| PUT | $12.50 | May 22, 2026 | 4.3K | 1.7K | 90.2% | $0.28 | $0.33 |
| CALL | $25.00 | Jun 18, 2026 | 240 | 39.5K | 105.4% | $0.05 | $0.07 |
| CALL | $18.00 | Jun 18, 2026 | 3.6K | 4.6K | 88.3% | $0.25 | $0.30 |
| CALL | $16.00 | May 22, 2026 | 3.5K | 2.2K | 92.0% | $0.06 | $0.08 |
| PUT | $14.00 | May 22, 2026 | 829 | 250 | 88.3% | $1.03 | $1.11 |
| CALL | $14.00 | Jun 18, 2026 | 468 | 26.8K | 84.8% | $1.07 | $1.14 |
| PUT | $12.50 | May 22, 2026 | 4.3K | 1.7K | 90.2% | $0.28 | $0.33 |
| CALL | $13.00 | Jun 12, 2026 | 321 | 130 | 83.5% | $1.32 | $1.51 |
Top 10 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked CLSK volatility skew questions
- What is the current CLSK ATM implied volatility?
- As of May 15, 2026, CleanSpark, Inc. (CLSK) at-the-money implied volatility is 83.3%. IV rank is 29.0% 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 CLSK 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 CLSK volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. CleanSpark, 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.