Credo Technology Group Holding Ltd (CRDO) 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.

Credo Technology Group Holding Ltd (CRDO) operates in the Technology sector, specifically the Communication Equipment industry, with a market capitalization near $34.93B, listed on NASDAQ, employing roughly 500 people, carrying a beta of 3.18 to the broader market. Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Led by William J. Brennan, public since 2022-01-27.

Snapshot as of May 15, 2026.

Spot Price
$173.88
ATM IV
110.0%
IV Skew 25Δ
-0.013
IV Rank
79.0%
IV Percentile
94.4%
Term Structure Slope
-0.028

As of May 15, 2026, Credo Technology Group Holding Ltd (CRDO) at-the-money implied volatility is 110.0%. IV rank is 79.0% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 94.4%. The 25-delta skew is -0.013: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

CRDO Strategy Selection at Current Volatility Levels

For Credo Technology Group Holding Ltd options at 110.0% ATM IV, high IV rank (79.0%) favors premium-selling structures: credit spreads, iron condors, covered calls, cash-secured puts. The risk: a continued vol expansion through high-rank levels is rare but expensive when it happens. 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 CRDO volatility skew questions

What is the current CRDO ATM implied volatility?
As of May 15, 2026, Credo Technology Group Holding Ltd (CRDO) at-the-money implied volatility is 110.0%. IV rank is 79.0% 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 CRDO IV high or low historically?
IV is elevated relative to its 1-year history, conditions that typically favor premium-selling strategies (credit spreads, iron condors, covered calls).
What does CRDO volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. Credo Technology Group Holding Ltd 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.