Tempus AI, Inc. (TEM) 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.
Tempus AI, Inc. (TEM) operates in the Healthcare sector, specifically the Medical - Healthcare Information Services industry, with a market capitalization near $8.01B, listed on NASDAQ, employing roughly 2,400 people, carrying a beta of 3.99 to the broader market. Tempus AI, Inc. Led by Eric Lefkofsky, public since 2024-06-14.
Snapshot as of May 15, 2026.
- Spot Price
- $44.27
- ATM IV
- 66.3%
- IV Skew 25Δ
- -0.004
- IV Rank
- 15.2%
- IV Percentile
- 13.1%
- Term Structure Slope
- -0.008
As of May 15, 2026, Tempus AI, Inc. (TEM) at-the-money implied volatility is 66.3%. IV rank is 15.2% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 13.1%. The 25-delta skew is -0.004: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
TEM Strategy Selection at Current Volatility Levels
For Tempus AI, Inc. options at 66.3% ATM IV, low IV rank (15.2%) 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 TEM volatility skew questions
- What is the current TEM ATM implied volatility?
- As of May 15, 2026, Tempus AI, Inc. (TEM) at-the-money implied volatility is 66.3%. IV rank is 15.2% 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 TEM 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 TEM volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Tempus AI, Inc. 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.