Haleon plc (HLN) 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.

Snapshot as of Apr 21, 2026.

Spot Price

$9.54

ATM IV

214.7%

IV Skew 25Δ

1.40

As of Apr 21, 2026, Haleon plc (HLN) at-the-money implied volatility is 214.7%. The 25-delta skew is +1.404 — 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.