DocuSign, Inc. (DOCU) 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.
DocuSign, Inc. (DOCU) operates in the Technology sector, specifically the Software - Application industry, with a market capitalization near $8.76B, listed on NASDAQ, employing roughly 6,838 people, carrying a beta of 0.88 to the broader market. DocuSign, Inc. Led by Allan C. Thygesen, public since 2018-04-27.
Snapshot as of May 15, 2026.
- Spot Price
- $47.61
- ATM IV
- 70.6%
- IV Skew 25Δ
- -0.005
- IV Rank
- 85.8%
- IV Percentile
- 90.9%
- Term Structure Slope
- -0.043
As of May 15, 2026, DocuSign, Inc. (DOCU) at-the-money implied volatility is 70.6%. IV rank is 85.8% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 90.9%. The 25-delta skew is -0.005: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
DOCU Strategy Selection at Current Volatility Levels
For DocuSign, Inc. options at 70.6% ATM IV, high IV rank (85.8%) 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 →
DOCU highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $40.00 | Mar 19, 2027 | 1.8K | 102 | 60.6% | $5.35 | $5.85 |
| CALL | $50.00 | Jun 5, 2026 | 614 | 174 | 73.3% | $1.61 | $3.85 |
| CALL | $51.00 | Jun 5, 2026 | 378 | 126 | 66.8% | $1.29 | $3.50 |
| PUT | $40.00 | Mar 19, 2027 | 1.8K | 102 | 60.6% | $5.35 | $5.85 |
Top 4 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked DOCU volatility skew questions
- What is the current DOCU ATM implied volatility?
- As of May 15, 2026, DocuSign, Inc. (DOCU) at-the-money implied volatility is 70.6%. IV rank is 85.8% 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 DOCU 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 DOCU volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. DocuSign, Inc. 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.