Willis Towers Watson Public Limited Company (WTW) 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.

Willis Towers Watson Public Limited Company (WTW) operates in the Financial Services sector, specifically the Insurance - Brokers industry, with a market capitalization near $22.87B, listed on NASDAQ, employing roughly 49,000 people, carrying a beta of 0.45 to the broader market. Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Led by Carl Aaron Hess, public since 2001-06-12.

Snapshot as of May 15, 2026.

Spot Price
$248.99
ATM IV
28.3%
IV Skew 25Δ
0.043
IV Rank
44.5%
IV Percentile
66.3%
Term Structure Slope
0.002

As of May 15, 2026, Willis Towers Watson Public Limited Company (WTW) at-the-money implied volatility is 28.3%. IV rank is 44.5% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 66.3%. The 25-delta skew is +0.043: 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.

WTW Strategy Selection at Current Volatility Levels

For Willis Towers Watson Public Limited Company options at 28.3% ATM IV, mid-range IV rank (44.5%) 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. 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 WTW volatility skew questions

What is the current WTW ATM implied volatility?
As of May 15, 2026, Willis Towers Watson Public Limited Company (WTW) at-the-money implied volatility is 28.3%. IV rank is 44.5% 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 WTW 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 WTW volatility skew tell options traders?
Volatility skew is the pattern by which IV varies across strikes for a given expiration. Willis Towers Watson Public Limited Company 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.