Xerox Holdings Corporation (XRX) 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.
Xerox Holdings Corporation (XRX) operates in the Technology sector, specifically the Information Technology Services industry, with a market capitalization near $332.2M, listed on NASDAQ, employing roughly 17,600 people, carrying a beta of 2.32 to the broader market. Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. Led by Louis J. Pastor, public since 1936-04-17.
Snapshot as of May 15, 2026.
- Spot Price
- $2.58
- ATM IV
- 134.9%
- IV Skew 25Δ
- 0.113
- IV Rank
- 39.2%
- IV Percentile
- 90.1%
- Term Structure Slope
- -0.071
As of May 15, 2026, Xerox Holdings Corporation (XRX) at-the-money implied volatility is 134.9%. IV rank is 39.2% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 90.1%. The 25-delta skew is +0.113: 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.
XRX Strategy Selection at Current Volatility Levels
For Xerox Holdings Corporation options at 134.9% ATM IV, mid-range IV rank (39.2%) 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.
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Frequently asked XRX volatility skew questions
- What is the current XRX ATM implied volatility?
- As of May 15, 2026, Xerox Holdings Corporation (XRX) at-the-money implied volatility is 134.9%. IV rank is 39.2% 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 XRX 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 XRX volatility skew tell options traders?
- Volatility skew is the pattern by which IV varies across strikes for a given expiration. Xerox Holdings Corporation 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.