Snap Inc. (SNAP) 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

$5.66

ATM IV

89.5%

IV Skew 25Δ

-0.06

As of Apr 21, 2026, Snap Inc. (SNAP) at-the-money implied volatility is 89.5%. The 25-delta skew is -0.061 — puts carry meaningful premium over calls, a classic equity downside-protection skew. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.