Valaris Limited (VAL) 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.
Valaris Limited (VAL) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry, with a market capitalization near $6.85B, listed on NYSE, employing roughly 4,130 people, carrying a beta of 0.97 to the broader market. Valaris Limited provides offshore contract drilling services to the international oil and gas industry. Led by Christopher T. Weber, public since 2021-05-03.
Snapshot as of May 15, 2026.
- Spot Price
- $105.00
- ATM IV
- 54.0%
- IV Skew 25Δ
- 0.001
- IV Rank
- 52.1%
- IV Percentile
- 69.8%
- Term Structure Slope
- -0.023
As of May 15, 2026, Valaris Limited (VAL) at-the-money implied volatility is 54.0%. IV rank is 52.1% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 69.8%. The 25-delta skew is +0.001: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
VAL Strategy Selection at Current Volatility Levels
For Valaris Limited options at 54.0% ATM IV, mid-range IV rank (52.1%) 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.
Learn how volatility skew is reported and how to read the data →
Frequently asked VAL volatility skew questions
- What is the current VAL ATM implied volatility?
- As of May 15, 2026, Valaris Limited (VAL) at-the-money implied volatility is 54.0%. IV rank is 52.1% 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 VAL 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 VAL volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Valaris Limited 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.