Skew

Option Skew refers to the potentially asymmetrical implied volatility of options with different strike prices but the same expiration date. It is the difference in implied volatility between out-of-the-money (OTM), at-the-money (ATM), and in-the-money (ITM) options. To navigate to this graph, please take the steps outlined below.

Instructions
  1. From the left-side panel click the QuoteThe quote menu icon icon.

  2. Click the Option Analysis tab along the top of the Quote page.

  3. Scroll down to view the Skew window.

    The option analysis skew

  4. Hover your curser over the graph to view the skew percentages. The percentage will populate in the top left corner of the window, followed by the expiry date.

  5. Change the time period by selecting the drop-down menu in the top right corner of the graph to switch from Daily to Annual.

    The optioni analysis skew time period drop-down

 

Additional Resources

Learn About the IBKR Desktop Option Chain at IBKR Campus

Visit the IBKR Desktop Website