Options Skew Analytics

AG option chain

Strikes around the forward, as they were quoted at the close

Data as of 9 November 2026 (end of day)

2026-11-13(4 days)ATM 66.16%±1.10skew +0.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
60$5.30$5.60—$10.50—————
30$4.60$5.30—$11.00—————
01$4.10$4.65—$11.50—————
41$3.60$4.15—$12.00—————
43$3.15$3.65—$12.50—————
94$2.65$3.15—$13.00—————
149146$2.12$2.70—$13.5087.25%$0.01$0.032,3215
8161$1.88$2.04—$14.0076.92%$0.02$0.0420659
12112$1.33$1.68—$14.5071.08%$0.05$0.07288109
44505$0.97$1.13—$15.0067.84%$0.12$0.1445391
1861,048$0.64$0.70—$15.5066.52%$0.25$0.29487400
679810$0.36$0.4166.14%$16.00—$0.48$0.52136319
1,353804$0.20$0.2266.96%$16.50—$0.79$0.865834
1,175658$0.08$0.1165.33%$17.00—$1.14$1.248692
3411,366$0.03$0.0667.11%$17.50—$1.40$1.9616415
243180$0.01$0.0471.58%$18.00—$1.91$2.27183217
—————$18.50—$2.40$2.761413
36104$0.01$0.0495.28%$19.00—$2.70$3.90360
—————$19.50—$3.35$3.9041
—————$20.00—$3.90$4.2060
—————$21.00—$4.70$5.9010

Forward $15.88. The 25-delta put carries +0.87 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 59.29%±1.64skew +2.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$5.05$5.85—$10.50—————
036$4.55$5.55—$11.00—————
0—$4.05$5.55—$11.50—————
423$3.65$4.25—$12.00—————
2—$3.15$3.65—$12.50—————
27$2.70$3.60—$13.0071.78%$0.03$0.054,1488
52141$2.20$2.54—$13.5066.62%$0.05$0.072813
573794$1.91$2.04—$14.0064.25%$0.09$0.123,84751
9167$1.53$1.71—$14.5062.37%$0.16$0.202,361142
54597$1.14$1.25—$15.0062.27%$0.29$0.331,091271
792,441$0.82$0.89—$15.5059.43%$0.42$0.51446109
1,0586,621$0.58$0.6359.28%$16.00—$0.66$0.751,061178
961,428$0.38$0.4158.15%$16.50—$0.97$1.0534876
1701,388$0.25$0.2859.57%$17.00—$1.35$1.448253
209413$0.16$0.1960.97%$17.50—$1.54$2.2520915
2632,880$0.10$0.1261.63%$18.00—$2.12$2.321,205196
7130$0.06$0.1165.96%$18.50—$2.38$3.4550
51,599$0.04$0.0868.32%$19.00—$2.94$3.40464128
5668$0.02$0.0669.66%$19.50—$3.40$4.4050
2683,155$0.02$0.0472.43%$20.00—$3.90$4.205224
—————$21.00—$4.85$5.90280

Forward $15.90. The 25-delta put carries +2.70 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 56.00%±1.98skew +3.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$10.60$12.80—$5.00—————
0—$4.15$5.50—$11.50—————
05$3.65$4.95—$12.00—————
01$3.15$4.85—$12.50—————
4116$1.97$2.29—$14.0058.31%$0.14$0.184610
020$1.49$1.98—$14.5058.71%$0.23$0.31192
21178$1.27$1.39—$15.0056.75%$0.35$0.4410546
067$0.94$1.07—$15.5056.52%$0.53$0.642547
67231$0.69$0.8355.96%$16.00—$0.77$0.87532
16181$0.50$0.6356.81%$16.50—$1.07$1.22190
2760$0.33$0.4756.58%$17.00—$1.44$1.5670
959$0.23$0.2954.99%$17.50—$1.84$1.95180
6761$0.18$0.2458.89%$18.00—$2.23$2.374241
7057$0.12$0.1658.62%$18.50—————
—————$19.00—$2.75$3.95210
—————$20.00—$3.90$4.4010
662$0.01$0.0667.40%$21.00—$4.90$5.5550
—————$22.00—$4.95$7.5550
—————$25.00—$7.90$10.3502

Forward $15.94. The 25-delta put carries +3.72 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 56.41%±2.35skew -4.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$5.00$7.95—$10.00—————
—————$11.5069.30%$0.01$0.06632
—————$12.0066.00%$0.02$0.08564
—————$12.5062.55%$0.05$0.0910
4040$2.25$2.92—$13.50—————
011$1.71$2.47—$14.0056.88%$0.21$0.26220
019$1.72$1.87—$14.5055.75%$0.31$0.38340
0225$1.38$1.53—$15.0054.96%$0.45$0.54851
38128$1.07$1.23—$15.50—————
3229$0.81$0.9956.12%$16.00—$0.89$1.041116
143$0.64$0.7957.56%$16.50—$1.19$1.33110
524$0.48$0.6057.29%$17.00—$1.53$1.7040
9174$0.36$0.4758.08%$17.50—$1.92$2.07250
7329$0.26$0.4059.86%$18.00—$2.14$2.49320
055$0.14$0.2159.56%$19.00—$3.00$4.4011
—————$20.00—$3.90$6.0070
727$0.06$0.0966.30%$21.00—$4.00$6.6020
676$0.03$0.0769.08%$22.00—————

Forward $15.93. The 25-delta put carries -4.11 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 56.75%±2.69skew -1.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$3.75$4.25—$12.00—————
02$2.00$3.20—$13.5058.42%$0.19$0.25359
07$1.80$2.55—$14.00—————
07$1.74$1.99—$14.5058.19%$0.39$0.54126
024$1.49$1.67—$15.0056.99%$0.55$0.6940
6413$1.22$1.38—$15.5056.40%$0.74$0.9010
664$0.98$1.1456.77%$16.00—$0.99$1.1615
01$0.76$0.9356.68%$16.50—$1.29$1.45126
236$0.56$0.7656.33%$17.00—$1.63$1.7760
1324$0.46$0.6057.33%$17.50—$2.01$2.1520
257$0.36$0.5158.95%$18.00—$1.81$2.5370
652$0.28$0.4059.24%$18.50—————
322$0.22$0.3059.20%$19.00—$3.00$3.55681
80$0.17$0.2761.24%$19.50—————
—————$20.00—$3.85$4.7010
—————$21.00—$4.15$6.3510

Forward $15.98. The 25-delta put carries -1.05 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 56.31%±2.93skew -1.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01,624$10.50$11.20—$5.00—————
03,445$8.75$9.20—$7.00—————
02$7.45$8.35—$8.00—————
24,796$5.65$6.20—$10.00—————
032$4.60$5.25—$11.00—————
464,898$3.95$4.25—$12.0060.92%$0.07$0.124,18024
674$2.86$3.40—$13.0057.44%$0.16$0.226,50318
8555$2.16$2.55—$14.0055.78%$0.36$0.402,191105
19615,141$1.62$1.73—$15.0054.77%$0.66$0.736,72781
3231,055$1.11$1.1556.14%$16.00—$1.18$1.211,483221
1349,231$0.74$0.7756.80%$17.00—$1.80$1.843,2019
2376,259$0.47$0.5057.07%$18.00—$2.48$2.721,96965
1205,880$0.30$0.3458.52%$19.00—$3.10$3.502,1522
13611,138$0.20$0.2561.08%$20.00—$4.05$4.4013,6563
562,160$0.14$0.1762.89%$21.00—$4.80$5.352,13750
103,310$0.10$0.1466.16%$22.00—$5.95$6.703810
182,949$0.10$0.1271.43%$23.00—$6.95$7.252941
51,048$0.07$0.1073.65%$24.00—$7.90$8.501230
8649,107$0.05$0.0976.43%$25.00—$8.90$9.459470
41,469$0.05$0.0779.44%$26.00—$9.90$10.503420
225,473$0.03$0.0883.03%$27.00—————

Forward $15.93. The 25-delta put carries -1.30 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 56.83%±3.18skew -4.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
200$2.50$3.70—$13.00—————
—————$13.5058.80%$0.28$0.4310
50$2.29$2.86—$14.0055.91%$0.38$0.5002
10$1.93$2.18—$14.5056.31%$0.51$0.7001
01$1.65$1.87—$15.00—————
291$1.40$1.60—$15.50—————
570$1.12$1.3456.27%$16.00—————
185$0.95$1.1357.23%$16.50—————
10$0.77$0.9457.10%$17.00—————
500$0.59$0.7355.20%$17.50—$2.09$2.31100
—————$18.00—$2.53$2.68040
250$0.28$0.4060.24%$19.50—————
—————$24.00—$7.55$9.6510

Forward $15.96. The 25-delta put carries -4.33 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 55.53%±3.81skew -4.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
51,851$10.45$11.20—$5.00—————
222,688$8.65$9.25—$7.00—————
99,524$5.95$6.30—$10.00—————
10316$4.85$5.35—$11.0062.81%$0.11$0.153772
05,271$4.10$4.40—$12.0057.50%$0.16$0.2426,6464
0130$3.05$3.60—$13.0056.15%$0.30$0.431,8210
34571$2.59$2.75—$14.0054.26%$0.53$0.6748324
14911,019$1.95$2.08—$15.0054.88%$0.93$1.0510,42990
2132,552$1.47$1.54—$16.0055.18%$1.42$1.551,37562
31114,985$1.10$1.1555.97%$17.00—$1.96$2.158,0890
874,611$0.80$0.8656.60%$18.00—$2.68$2.901,9320
1712,129$0.57$0.6557.30%$19.00—$3.45$3.709961
38716,504$0.43$0.4958.64%$20.00—$4.20$4.605,2115
171,237$0.32$0.3759.70%$21.00—$5.05$5.705890
297,286$0.25$0.3463.00%$22.00—$6.05$6.751,2120
71,049$0.20$0.2764.59%$23.00—$7.00$7.607970
1081,171$0.17$0.2668.23%$24.00—$7.80$8.702560
4512,550$0.14$0.1868.19%$25.00—$8.90$9.555,9760
—————$26.00—$9.90$10.60120
02,549$0.11$0.1875.10%$27.00—$10.90$11.501500
—————$28.00—$11.90$12.501550

Forward $16.02. The 25-delta put carries -4.38 volatility points over the 25-delta call.

How to read this

Calls on the left, puts on the right, the strike between them — the layout every chain uses. Each block is one expiration, and the heading carries its days to expiry, the at-the-money implied volatility, and the one-standard-deviation move that volatility implies over that time.

Only the 21 strikes nearest the forward are stored, which is the part of the board that carries the volume. The shaded side is in the money: below the forward for calls, above it for puts.

Implied volatility is shown on the out-of-the-money side only. An in-the-money option is nearly all intrinsic value quoted on a wide market, so a volatility solved from it would look authoritative and mean very little. The price is still shown, because the price is real; the blank is deliberate.