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AAPL
$338.28
21 Sep 12:12
Price
$338.28
IV (30d)
22.9%
IV (60d)
25.7%
Term Slope 30→60
+2.9 pts

Skew Structure

Implied vol vs call delta by expiration. High call-delta (right) = low-strike puts. Positive 25Δ skew = puts richer than calls.
25Δ Skew (~30d)
+2.1 pts
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25Δ Skew History

Put-wing minus call-wing IV at ~30 DTE over time. Rising = puts getting richer vs calls (increasing fear/demand for downside protection).
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