A memory device includes a memory cell array including a plurality of memory blocks and a storage block storing a plurality of pieces of option parameter information; a parameter determining circuit outputting a parameter information signal by measuring a skew of the memory device; a peripheral circuit performing a read operation on the storage block; and a control logic controlling the peripheral circuit to perform the read operation on a selected piece of option parameter information, among the plurality of pieces of option parameter information, in response to the parameter information signal, and setting an option parameter according to the selected piece of option parameter information.