pro tier · Terminal module

Skew Intelligence

Forward vol, contango analysis, delta-level IV rank, historical skew patterns and smile curvature — the full skew picture across time and strike space.

5 TabsDelta IV RankCurvature Tracking

No account needed to look · Live market data · Cancel anytime

Exhibit 01 Skew Intelligence — real screen capture Click to enlarge
Skew Intelligence — ApexVol Terminal module

What is Skew Intelligence?

Skew Intelligence Skew Intelligence decomposes the volatility smile into forward vol, contango/backwardation, delta-level IV rank, historical skew patterns and curvature evolution for advanced vol analysis.

Why this matters for your trading.

How professional options traders use Skew Intelligence to find edge.

See Which Strikes Are Richest Over Time

The Delta IV Rank heatmap shows a time x delta grid. If 25-delta puts have been at the 90th percentile for 3 weeks while ATM is at the 50th, institutions are hoarding tail protection.

Track Curvature Changes

Smile curvature (wings vs ATM) evolves with market regimes. Increasing curvature signals growing tail demand — the market is buying protection. Decreasing curvature signals complacency.

Project Forward Vol

Forward vol derived from the term curve shows what the market expects vol to be in coming months. Compare against HV forecasts to find edge in calendar-type trades.

Detect Institutional Positioning Shifts

Changes in skew steepness, curvature and delta IV rank often precede large moves. Institutions adjust their hedge books before events — skew intelligence reveals these shifts.

What's inside.

Forward Vol & Contango

Future vol expectations from the term curve

Skew Analysis

Put vs call IV by delta and term

Delta IV Rank Heatmap

Time x delta grid showing strike-level richness

Curvature Tracking

Smile shape evolution: symmetric, skewed, kinked

How it works.

Step 01

Select ticker

Enter any US stock or ETF

Step 02

Review data

Analyse the key metrics and charts

Step 03

Identify signal

Find the actionable insight

Step 04

Execute

Use the signal to inform your trade

When you'd reach for it.

Skew Trading

When put skew is at the 95th percentile, sell put spreads to monetise elevated protection demand.

Risk Reversal Timing

Track call vs put skew over time. When the skew flips (calls richer than puts), it signals bullish institutional positioning — lean into it or fade it.

Regime Awareness

Rising curvature + steep skew = institutions adding protection. Falling curvature + flat skew = complacency. Adjust your hedging accordingly.

Common questions, answered.

IV Rank calculated at each delta level (10D, 25D, ATM, 75D, 90D) over time. It reveals which parts of the smile are historically rich or cheap — a level of granularity unavailable in standard IV rank.
Curvature measures how much the wings (OTM puts and calls) are elevated relative to ATM IV. Calculated as (25D Put IV + 25D Call IV) - 2 x ATM IV. Higher curvature means more wing demand.

Ready to use
Skew Intelligence?

Open it on AAPL right now with live data, or start a 7-day trial to run it on all 5,500+ tickers.

Open live on AAPL Start 7-day free trial
7 days free, cancel anytime Card required · no charge for 7 days
Start trial →