Primoris Services Corporation (PRIM) 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.
Primoris Services Corporation (PRIM) operates in the Industrials sector, specifically the Engineering & Construction industry, with a market capitalization near $6.13B, listed on NYSE, employing roughly 15,716 people, carrying a beta of 1.51 to the broader market. Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. Led by Koti Vadlamudi, public since 2008-08-06.
Snapshot as of May 14, 2026.
- Spot Price
- $116.16
- ATM IV
- 53.6%
- IV Skew 25Δ
- 0.012
- IV Rank
- 29.7%
- IV Percentile
- 70.2%
- Term Structure Slope
- 0.002
As of May 14, 2026, Primoris Services Corporation (PRIM) at-the-money implied volatility is 53.6%. IV rank is 29.7% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 70.2%. The 25-delta skew is +0.012: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
PRIM Strategy Selection at Current Volatility Levels
For Primoris Services Corporation options at 53.6% ATM IV, low IV rank (29.7%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. 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 PRIM volatility skew questions
- What is the current PRIM ATM implied volatility?
- As of May 14, 2026, Primoris Services Corporation (PRIM) at-the-money implied volatility is 53.6%. IV rank is 29.7% 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 PRIM IV high or low historically?
- IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
- What does PRIM volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Primoris Services Corporation 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.