Farmers National Banc Corp. (FMNB) 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.
Farmers National Banc Corp. (FMNB) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $540.2M, listed on NASDAQ, employing roughly 682 people, carrying a beta of 0.79 to the broader market. Farmers National Banc Corp. Led by Kevin J. Helmick, public since 1999-01-04.
Snapshot as of May 15, 2026.
- Spot Price
- $13.68
- ATM IV
- 283.4%
- IV Skew 25Δ
- 0.215
- IV Rank
- 77.7%
- IV Percentile
- 99.2%
- Term Structure Slope
- -0.399
As of May 15, 2026, Farmers National Banc Corp. (FMNB) at-the-money implied volatility is 283.4%. IV rank is 77.7% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 99.2%. The 25-delta skew is +0.215: 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.
FMNB Strategy Selection at Current Volatility Levels
For Farmers National Banc Corp. options at 283.4% ATM IV, high IV rank (77.7%) 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. 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 FMNB volatility skew questions
- What is the current FMNB ATM implied volatility?
- As of May 15, 2026, Farmers National Banc Corp. (FMNB) at-the-money implied volatility is 283.4%. IV rank is 77.7% 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 FMNB 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 FMNB volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Farmers National Banc Corp. 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.