Options Skew Analytics

AMGN option chain

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

Data as of 6 November 2026 (end of day)

2026-11-13(7 days)ATM 31.23%±19.99skew +4.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$28.70$31.50—$432.50—————
06$27.25$29.25—$435.00—————
010$21.70$24.50—$440.00—————
22$19.55$22.50—$442.50—————
08$17.55$20.50—$445.0034.08%$1.93$3.15175
26$15.70$19.00—$447.5033.37%$2.57$3.4020
256$14.95$16.85—$450.0032.35%$2.83$4.05287
02$13.35$14.60—$452.5033.03%$3.85$4.8560
3016$11.50$13.35—$455.0033.03%$4.50$5.952274
04$8.65$11.10—$457.5031.76%$5.15$6.65813
2035$8.45$9.60—$460.0033.74%$6.30$8.70194
175$7.15$8.6531.39%$462.50—$7.10$9.1540
1210$5.55$7.1529.83%$465.00—$9.00$10.451421
29$4.90$6.5531.44%$467.50—$10.00$11.85443
13142$4.00$5.1030.35%$470.00—$11.50$14.751072
515$3.25$4.7031.30%$472.50—$13.30$15.0521
47153$2.35$3.3529.26%$475.00—$15.10$17.00265
1398$2.07$2.8130.06%$477.50—$17.15$19.7580
—————$480.00—$19.10$21.40251
—————$482.50—$20.60$23.2011
—————$492.50—$29.45$32.90684684

Forward $462.27. The 25-delta put carries +4.11 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 30.05%±27.14skew +3.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$34.45$37.35—$427.50—————
21,029$32.00$35.00—$430.0033.81%$1.91$2.513,0922
—————$432.5034.35%$2.33$3.15431
0246$27.50$30.50—$435.0033.18%$2.53$3.351312
013$25.65$28.50—$437.5033.46%$3.10$3.95735
5517$24.05$26.50—$440.0033.51%$3.75$4.50557264
01$21.50$24.65—$442.5033.15%$3.80$5.55770
0345$19.90$22.80—$445.0032.84%$5.00$5.60810
112$19.10$20.50—$447.5032.79%$5.45$6.70860
2813$16.70$19.15—$450.0032.95%$6.25$7.75823
1628$15.55$17.25—$452.5032.51%$6.95$8.65373
0176$13.70$15.90—$455.0032.70%$8.05$9.75514
1647$12.15$14.35—$457.5033.01%$9.45$10.801551
20618$11.00$13.10—$460.0032.03%$10.00$11.951,50614
457$9.05$11.0029.76%$462.50—$11.05$13.202366
22929$8.50$9.8530.52%$465.00—$12.65$14.551644
13459$6.40$7.5529.89%$470.00—$16.05$17.45880
9287$4.75$6.4030.62%$475.00—$18.90$21.15240
18166$3.40$4.6529.93%$480.00—$22.50$25.65790
12125$2.47$3.1529.28%$485.00—$26.50$29.80300
511,003$1.74$2.3629.44%$490.00—$31.00$33.6040

Forward $461.08. The 25-delta put carries +3.22 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 30.33%±47.45skew +1.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0802$52.80$55.65—$410.0033.01%$3.10$4.2047310
0184$48.50$51.80—$415.0032.10%$3.70$4.658527
0298$44.25$47.30—$420.0032.30%$4.95$5.5089126
182$40.80$43.60—$425.0031.44%$5.45$6.5017636
1302$36.50$39.50—$430.0031.25%$6.55$7.7519017
045$34.10$35.80—$435.0031.36%$8.20$9.1014444
51,076$30.00$32.30—$440.0031.43%$9.40$11.25107158
250$26.50$29.15—$445.0030.33%$10.65$12.404113
41777$24.00$25.70—$450.0031.31%$13.05$15.203061
0150$20.55$22.95—$455.0030.81%$15.00$17.101780
31,200$18.35$20.80—$460.0030.54%$17.10$19.55376
9141$15.90$18.2530.28%$465.00—$19.75$22.502533
0536$13.60$16.2030.20%$470.00—$22.85$25.30402
7166$11.75$14.0030.04%$475.00—$25.90$28.50260
6612$9.65$12.1529.63%$480.00—$29.10$32.20220
574$8.90$10.8030.50%$485.00—$32.00$35.50210
16103$6.90$8.5029.07%$490.00—$35.60$38.15110
162$5.90$7.5029.44%$495.00—$39.15$42.9090
152,208$5.00$6.0029.10%$500.00—$43.55$46.1541
374$3.95$5.0528.85%$505.00—————
4100$3.25$5.4030.33%$510.00—$51.45$54.4510

Forward $461.26. The 25-delta put carries +1.81 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 29.96%±60.65skew +1.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3685$83.50$85.80—$380.0032.26%$1.75$2.685410
067$78.30$81.40—$385.0032.36%$2.36$3.152532
4827$74.25$76.55—$390.0031.12%$2.19$3.6543810
0144$69.20$72.40—$395.0031.86%$2.94$4.751387
11,432$65.00$68.70—$400.0031.70%$4.05$5.051,50923
1127$61.10$64.00—$405.0031.16%$4.80$5.552191
26583$57.60$59.90—$410.0031.21%$5.65$6.7016035
0348$52.60$55.95—$415.0030.85%$6.60$7.551241
1374$49.60$52.15—$420.0030.72%$7.70$8.75991
0265$45.10$48.15—$425.0030.47%$8.85$10.0014747
3889$41.50$44.75—$430.0030.36%$10.40$11.3054011
6182$39.35$41.05—$435.0030.40%$12.10$12.951012
161,304$35.60$38.10—$440.0030.45%$13.10$15.655191
244639$30.20$31.15—$450.0030.35%$17.10$19.7014911
20792$24.15$25.95—$460.0029.97%$21.30$24.409359
15889$19.30$21.7529.96%$470.00—$27.10$29.50930
67302$15.20$17.2529.44%$480.00—$33.05$35.95510
811,471$12.15$13.6029.35%$490.00—$39.50$42.10280
76611$9.40$10.5029.07%$500.00—$46.00$49.60100
30568$5.35$6.2028.79%$520.00—————
39178$2.78$3.5028.47%$540.00—$80.50$83.6010

Forward $462.22. The 25-delta put carries +1.40 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 32.86%±91.78skew +1.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$123.80$127.30—$340.0035.81%$2.48$3.353202
067$114.70$118.45—$350.0034.39%$2.63$4.152226
0178$105.80$108.50—$360.0034.44%$3.90$5.301676
064$97.75$100.00—$370.0033.93%$5.00$6.601632
064$89.05$91.50—$380.0034.40%$6.65$9.051,2151
091$80.65$83.90—$390.0033.82%$8.95$10.202900
0305$73.25$75.55—$400.0033.35%$11.15$12.2039812
199$65.75$69.00—$410.0033.22%$14.05$14.7520514
0209$59.45$61.65—$420.0032.96%$16.50$18.301557
0161$52.20$55.25—$430.0032.42%$19.80$21.251001
1590$47.10$49.45—$440.0032.37%$23.85$25.252387
6412$40.55$43.30—$450.0031.97%$27.65$29.6536811
3201$35.70$38.00—$460.0032.49%$32.90$35.452146
5291$31.85$33.9532.94%$470.00—$37.50$40.25170
15210$26.20$29.5532.02%$480.00—$43.60$46.1510626
9205$23.05$24.9531.78%$490.00—$49.00$52.1010
4170$19.15$22.0031.59%$500.00—$56.00$58.7550
1147$14.25$15.9031.46%$520.00—$70.50$73.4510
14680$10.55$11.4531.52%$540.00—————
1723$7.15$8.2031.23%$560.00—————
029$4.75$7.1032.10%$580.00—————

Forward $462.72. The 25-delta put carries +1.70 volatility points over the 25-delta call.

2027-04-16(161 days)ATM 33.14%±102.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
052$67.40$70.50—$415.0034.50%$18.80$20.40740
028$64.00$66.85—$420.0034.19%$20.40$21.70181
0107$61.35$64.35—$425.0034.18%$22.20$23.601370
2542$57.95$60.70—$430.0034.05%$24.00$25.45781
023$55.00$58.15—$435.0034.03%$25.55$27.95100
027$52.00$55.45—$440.0033.88%$27.90$29.55280
022$49.00$52.10—$445.0033.99%$30.00$32.20120
1145$46.55$49.05—$450.0033.82%$31.80$34.70171
018$44.05$47.15—$455.0033.56%$34.50$36.2541
2205$41.50$44.25—$460.0033.47%$36.85$38.7598
037$39.15$41.8533.57%$465.00—$39.50$41.6021
134$36.65$39.1533.23%$470.00—————
02$34.60$36.8033.15%$475.00—$44.80$46.9510
1222$32.25$35.1033.13%$480.00—————
05$30.00$33.2533.02%$485.00—————
0122$28.15$31.2532.94%$490.00—————
039$26.50$29.4532.96%$495.00—————
051$25.15$27.2532.86%$500.00—————
034$23.20$25.3532.56%$505.00—————
24$21.50$24.1032.57%$510.00—$66.05$69.35320
892$20.15$22.6532.58%$515.00—————

Forward $464.95. Not enough surviving quotes on both wings to measure the skew here.

2027-06-17(223 days)ATM 34.12%±124.06skew +2.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
036$113.60$117.20—$360.0036.61%$10.30$12.65601
051$106.15$108.50—$370.0035.53%$11.95$13.755410
159$98.55$100.95—$380.0035.50%$14.50$16.254674
073$91.10$94.00—$390.0035.54%$16.80$19.753130
288$83.90$87.00—$400.0035.00%$20.05$21.655813
1101$77.95$80.50—$410.0034.77%$22.90$25.201510
1339$70.95$74.45—$420.0034.47%$26.35$28.553144
0115$65.00$68.25—$430.0034.31%$30.10$32.606095
2672$59.20$61.95—$440.0034.11%$34.30$36.701340
1641$54.00$57.50—$450.0034.08%$38.45$41.951460
0182$49.00$51.95—$460.0033.89%$43.30$46.70918
5131$44.50$47.1033.94%$470.00—$48.95$51.952948
0101$40.30$43.7534.14%$480.00—$53.95$57.40360
4116$36.10$39.6533.87%$490.00—$60.00$63.50410
2431$32.35$35.8033.64%$500.00—————
1184$29.60$32.4033.73%$510.00—————
463$25.70$28.6033.06%$520.00—$79.50$83.0010
465$23.20$25.7533.07%$530.00—————
3434$20.65$23.3533.05%$540.00—$94.00$97.5010
021$17.90$20.8032.71%$550.00—————
033$15.80$18.5532.58%$560.00—————

Forward $465.23. The 25-delta put carries +2.42 volatility points over the 25-delta call.

2027-09-17(315 days)ATM 33.37%±145.16skew +2.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
19$119.00$123.50—$360.0035.21%$14.50$16.201310
114$111.50$115.50—$370.0035.08%$16.70$19.00870
011$104.50$108.00—$380.0035.27%$19.50$22.50800
0338$98.00$101.50—$390.0034.67%$22.15$24.70330
028$91.50$95.00—$400.0034.45%$25.70$27.45661
0224$85.00$88.50—$410.0034.62%$29.05$32.00300
120$79.00$83.00—$420.0034.35%$32.25$36.00520
031$73.50$77.00—$430.0034.09%$36.00$40.00980
0123$68.00$72.00—$440.0034.02%$40.85$44.00220
089$63.25$66.50—$450.0033.66%$45.40$47.90342
062$58.90$61.05—$460.0033.86%$50.60$53.50790
061$53.50$57.5033.78%$470.00—$55.50$59.00150
029$49.00$53.0033.50%$480.00—$60.60$64.50190
032$45.00$49.0033.38%$490.00—$66.35$70.0010
050$41.50$45.2033.33%$500.00—$72.80$75.20300
020$37.50$41.5033.01%$510.00—$79.00$82.40210
010$34.50$38.3033.01%$520.00—————
06$31.00$35.0032.69%$530.00—————
044$28.50$31.8532.59%$540.00—————
0112$25.95$29.0532.47%$550.00—————
028$23.20$26.7532.31%$560.00—————

Forward $468.18. The 25-delta put carries +2.14 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.