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Learn what implied volatility means and how it impacts options pricing in this clear, beginner-friendly guide. We break down the concepts of the volatility smile and volatility skew, showing how implied volatility changes across different strike prices. Whether you're new to options trading or looking to understand volatility patterns more deeply, this video has you covered. Master the difference between a volatility smile and volatility skew to make smarter trading decisions. 🎓 This Video Is Part of My Full Options Trading Course: Go deeper with step-by-step lessons, paper trading practice, and downloadable resources. 👉 https://ryano.finance/options-course 📈 See Why I Recommend This Broker For Options: https://ryano.finance/ibkr-options Chapters: 0:00 - Implied Volatility Explained 1:30 - Volatility Smile Explained 2:13 - Volatility Skew Explained *Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase.