Viavi Solutions Inc. (VIAV) 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.
Viavi Solutions Inc. (VIAV) operates in the Technology sector, specifically the Communication Equipment industry, with a market capitalization near $12.54B, listed on NASDAQ, employing roughly 3,600 people, carrying a beta of 1.23 to the broader market. Viavi Solutions Inc. Led by Oleg Khaykin, public since 1993-11-17.
Snapshot as of May 15, 2026.
- Spot Price
- $51.53
- ATM IV
- 85.9%
- IV Skew 25Δ
- 0.018
- IV Rank
- 58.5%
- IV Percentile
- 88.1%
- Term Structure Slope
- -0.033
As of May 15, 2026, Viavi Solutions Inc. (VIAV) at-the-money implied volatility is 85.9%. IV rank is 58.5% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 88.1%. The 25-delta skew is +0.018: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.
VIAV Strategy Selection at Current Volatility Levels
For Viavi Solutions Inc. options at 85.9% ATM IV, mid-range IV rank (58.5%) 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 →
VIAV highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $36.00 | Jun 18, 2026 | 1.4K | 157 | 87.3% | $0.40 | $0.55 |
| PUT | $48.00 | Jun 18, 2026 | 2.4K | 289 | 85.9% | $3.40 | $3.70 |
| CALL | $60.00 | Jun 18, 2026 | 2.9K | 6.2K | 85.3% | $2.45 | $2.60 |
| CALL | $50.00 | Jun 18, 2026 | 41 | 7.0K | 85.9% | $6.00 | $6.40 |
| PUT | $48.00 | Jun 18, 2026 | 2.4K | 289 | 85.9% | $3.40 | $3.70 |
| CALL | $60.00 | Jun 18, 2026 | 2.9K | 6.2K | 85.3% | $2.45 | $2.60 |
| PUT | $36.00 | Jun 18, 2026 | 1.4K | 157 | 87.3% | $0.40 | $0.55 |
Top 7 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked VIAV volatility skew questions
- What is the current VIAV ATM implied volatility?
- As of May 15, 2026, Viavi Solutions Inc. (VIAV) at-the-money implied volatility is 85.9%. IV rank is 58.5% 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 VIAV 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 VIAV volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Viavi Solutions 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.