UBS Group AG (UBS) 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.

UBS Group AG (UBS) operates in the Financial Services sector, specifically the Banks - Diversified industry, with a market capitalization near $151.70B, listed on NYSE, employing roughly 106,789 people, carrying a beta of 0.83 to the broader market. UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. Led by Sergio Ermotti, public since 2000-05-16.

Snapshot as of May 15, 2026.

Spot Price
$45.56
ATM IV
27.8%
IV Skew 25Δ
0.039
IV Rank
31.4%
IV Percentile
50.8%
Term Structure Slope
0.000

As of May 15, 2026, UBS Group AG (UBS) at-the-money implied volatility is 27.8%. IV rank is 31.4% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 50.8%. The 25-delta skew is +0.039: 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.

UBS Strategy Selection at Current Volatility Levels

For UBS Group AG options at 27.8% ATM IV, mid-range IV rank (31.4%) 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. The 25-delta skew tilts to calls, so call-credit spreads or covered-call writes harvest more premium than put-credit spreads of the same width. 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 UBS volatility skew questions

What is the current UBS ATM implied volatility?
As of May 15, 2026, UBS Group AG (UBS) at-the-money implied volatility is 27.8%. IV rank is 31.4% 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 UBS 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 UBS volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. UBS Group AG shows upside-skewed pricing: 25-delta calls trade richer than 25-delta puts, often reflecting upside speculation or squeeze risk. 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.