Opus Genetics, Inc. (IRD) 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.
Opus Genetics, Inc. (IRD) operates in the Healthcare sector, specifically the Biotechnology industry, with a market capitalization near $359.2M, listed on NASDAQ, employing roughly 18 people, carrying a beta of 0.63 to the broader market. Opus Genetics, Inc. Led by George Magrath, public since 2015-01-19.
Snapshot as of May 15, 2026.
- Spot Price
- $4.79
- ATM IV
- 154.3%
- IV Rank
- 32.2%
- IV Percentile
- 54.4%
- Term Structure Slope
- 1.268
As of May 15, 2026, Opus Genetics, Inc. (IRD) at-the-money implied volatility is 154.3%. IV rank is 32.2% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 54.4%. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
IRD Strategy Selection at Current Volatility Levels
For Opus Genetics, Inc. options at 154.3% ATM IV, mid-range IV rank (32.2%) is the regime where directional conviction matters more than vol-regime positioning; strategy choice should follow the event calendar and the dealer-positioning view rather than IV rank alone. 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.
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Frequently asked IRD volatility skew questions
- What is the current IRD ATM implied volatility?
- As of May 15, 2026, Opus Genetics, Inc. (IRD) at-the-money implied volatility is 154.3%. IV rank is 32.2% 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 IRD IV high or low historically?
- IV is near its 1-year median, a regime where strategy choice depends on directional conviction and event calendar rather than vol regime.
- What does IRD volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. 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.