Options Skew Analytics

APH option chain

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

Data as of 6 November 2026 (end of day)

2026-11-20(14 days)ATM 55.67%±8.09skew +6.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
076$30.90$33.40—$42.50—————
049$28.40$30.90—$45.00—————
032$25.90$28.40—$47.50—————
065$23.40$25.90—$50.00—————
06$20.90$23.50—$52.50—————
059$18.60$20.20—$55.00—————
06$16.10$18.20—$57.50—————
034$13.70$15.80—$60.0070.64%$0.20$0.302,205155
069$11.50$13.50—$62.5066.95%$0.35$0.4515,486235
29949$9.50$10.20—$65.0063.92%$0.60$0.7036,99283
083$7.50$8.30—$67.5060.80%$0.95$1.1032,521470
91,161$5.60$6.10—$70.0058.19%$1.50$1.703,336864
28464$4.00$4.20—$72.5057.15%$2.40$2.602,594665
359747$2.65$3.0055.38%$75.00—$3.40$3.903,735205
231,314$1.65$1.9053.48%$77.50—$4.90$5.403,83050
1,1556,760$0.95$1.1051.67%$80.00—$6.70$7.103,5388
293,522$0.50$0.7051.78%$82.50—$8.10$9.501,2172
1303,848$0.25$0.4051.45%$85.00—$10.70$11.801,378172
—————$87.50—$12.00$14.207790
9110,138$0.05$0.1050.28%$90.00—$14.40$16.707819
—————$95.00—$19.20$21.6070

Forward $74.17. The 25-delta put carries +6.52 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 48.87%±12.33skew +4.56
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
040$23.70$26.20—$50.00—————
034$21.30$23.10—$52.50—————
068$19.00$21.40—$55.00—————
044$16.60$18.40—$57.50—————
162$14.50$16.80—$60.0055.12%$0.65$0.9064510
146$12.20$14.50—$62.5053.74%$1.00$1.2567372
0194$10.40$12.00—$65.0052.50%$1.50$1.702,871121
0711$8.90$10.30—$67.5050.74%$2.05$2.301,78638
1511,686$7.20$7.70—$70.0049.52%$2.80$3.103,214502
12285$5.70$6.10—$72.5048.21%$3.70$4.102,4355
291,219$4.40$4.8048.95%$75.00—$5.00$5.501,41434
2,5461,502$3.30$3.6047.57%$77.50—$6.30$6.7064829
685,424$2.50$2.7047.29%$80.00—$8.00$8.601,65520
13972$1.75$1.9546.18%$82.50—$9.80$10.505031
1645,056$1.20$1.4045.52%$85.00—$10.60$12.502331
311,182$0.90$1.0045.88%$87.50—$12.70$14.901500
3,6206,568$0.55$0.7044.99%$90.00—$14.70$17.00790
27817$0.35$0.5044.87%$92.50—$17.70$19.30240
122,140$0.25$0.4046.03%$95.00—$20.10$21.80140
—————$97.50—$21.90$24.20280
—————$100.00—$24.20$26.90170

Forward $74.35. The 25-delta put carries +4.56 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 47.07%±15.35skew +5.92
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4206$23.90$26.20—$50.00—————
1283$21.70$23.80—$52.50—————
0338$19.50$21.50—$55.00—————
0388$17.10$19.60—$57.5052.53%$0.80$1.152,7371
31320$15.40$16.00—$60.0051.54%$1.20$1.5088013
1636$13.00$15.20—$62.5050.25%$1.65$1.951,3631
0318$11.10$13.20—$65.0049.64%$2.30$2.551,18441
31,089$9.40$11.70—$67.5048.69%$3.00$3.304,1581
0581$7.80$9.60—$70.0047.61%$3.80$4.201,54932
14428$6.60$7.70—$72.5046.53%$4.80$5.201,45022
11944$5.60$6.0046.96%$75.00—$6.00$6.701,73915
21,102$4.40$5.2047.15%$77.50—$7.30$8.104901
351,677$3.50$3.7044.57%$80.00—$8.80$9.4060642
80777$2.75$3.1045.01%$82.50—$10.50$11.302720
331,427$2.10$2.3544.13%$85.00—$12.30$13.104560
1644$1.60$1.8043.72%$87.50—$14.30$15.10610
191,481$1.15$1.3542.97%$90.00—$15.40$17.705250
01,067$0.90$1.1543.95%$92.50—$18.50$19.60270
—————$95.00—$19.60$21.90900
0682$0.45$0.7043.63%$97.50—$22.90$24.30680
—————$100.00—$24.60$26.8041129

Forward $74.45. The 25-delta put carries +5.92 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 47.70%±21.68skew +3.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$26.90$29.50—$47.50—————
029$24.90$27.20—$50.00—————
46$22.90$25.10—$52.5053.62%$1.15$1.50772
064$20.70$23.00—$55.0053.17%$1.45$2.055286
026$18.90$21.00—$57.5052.15%$1.80$2.601,0740
0145$16.60$19.20—$60.0050.91%$2.30$3.104092
043$15.00$17.10—$62.5051.51%$2.95$4.101,0140
376$13.80$14.60—$65.0049.86%$3.80$4.506040
71,214$12.00$13.20—$67.5050.41%$4.80$5.604780
076$10.50$12.20—$70.0048.37%$5.50$6.401,0094
190$9.30$10.60—$72.5049.02%$6.90$7.601,4496
3790$8.20$9.40—$75.0048.69%$8.10$8.9041337
8166$7.30$8.0048.11%$77.50—$9.30$10.3029414
131,749$5.90$7.2047.23%$80.00—$10.10$12.002440
0204$5.00$6.5047.46%$82.50—$11.70$13.904070
28748$4.30$5.2045.99%$85.00—$14.20$15.301,7282
25446$3.60$4.8046.61%$87.50—$15.10$17.10510
21892$3.00$3.9045.51%$90.00—$17.80$18.901340
2356$2.50$3.5045.83%$92.50—$19.80$21.10170
0441$2.15$3.2046.60%$95.00—$21.00$23.00820
30925$1.50$1.9544.65%$100.00—$25.30$27.7020

Forward $75.30. The 25-delta put carries +3.26 volatility points over the 25-delta call.

2027-04-16(161 days)ATM 45.94%±23.09skew +5.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$29.80$32.00—$45.00—————
10$25.50$27.70—$50.00—————
03$19.00$21.50—$57.5051.07%$2.15$3.00990
06$17.20$19.40—$60.0050.20%$2.70$3.60810
03$15.50$17.60—$62.5048.96%$3.30$4.202610
01$14.10$16.00—$65.0048.78%$4.20$5.0019420
01$12.30$14.60—$67.5049.15%$5.10$6.20270
86$11.20$12.60—$70.0048.87%$6.30$7.10342
09$9.90$11.70—$72.5048.58%$7.20$8.50170
018$8.80$10.50—$75.0047.77%$8.50$9.50380
015$7.60$9.3047.00%$77.50—$9.90$11.20660
181$6.60$7.9045.74%$80.00—$10.90$12.701565
041$5.70$7.2046.04%$82.50—$12.40$14.30360
059$5.10$5.6044.32%$85.00—$13.90$15.90120
052$4.30$5.7046.09%$87.50—$16.50$17.5080
2195$3.70$4.3043.94%$90.00—$17.50$19.5060
072$3.10$3.8043.82%$92.50—$20.20$21.30160
0199$2.60$3.3043.59%$95.00—$21.50$23.6010
439$2.35$2.8043.78%$97.50—$23.50$25.9010
266$2.00$2.4043.64%$100.00—————
0390$1.30$1.9043.42%$105.00—————

Forward $75.66. The 25-delta put carries +5.19 volatility points over the 25-delta call.

2027-06-17(223 days)ATM 44.83%±26.81skew +4.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$26.20$28.90—$50.00—————
020$22.20$25.00—$55.0051.21%$2.45$3.301324
02$20.60$22.60—$57.5051.08%$2.90$4.201660
09$18.70$21.20—$60.0049.68%$3.70$4.50917
018$17.50$19.40—$62.5049.36%$4.50$5.301,07817
319$15.50$17.80—$65.0049.36%$5.50$6.201050
028$14.20$16.50—$67.5048.90%$6.40$7.20842
024$13.00$15.00—$70.0048.99%$7.60$8.301,3969
040$11.70$14.00—$72.5048.88%$8.80$9.5055314
095$10.40$13.00—$75.0049.06%$9.70$11.302400
060$9.30$12.0047.78%$77.50—$10.60$12.601490
1157$8.40$10.6046.99%$80.00—$12.60$14.204560
1495$7.40$8.2043.49%$82.50—$13.60$15.70760
063$6.60$8.3045.48%$85.00—$15.20$17.401330
0119$5.70$6.6043.01%$87.50—$17.00$19.101490
2286$5.30$5.8043.29%$90.00—$18.70$20.80400
2251$4.80$5.3043.74%$92.50—$20.60$22.80200
392$4.20$5.5045.37%$95.00—$22.50$24.7020
185$3.70$4.7044.63%$97.50—————
3648$3.30$4.6045.62%$100.00—$26.50$28.80160
0197$2.40$3.6044.66%$105.00—$30.60$33.2010

Forward $76.53. The 25-delta put carries +4.70 volatility points over the 25-delta call.

2027-09-17(315 days)ATM 46.97%±33.45skew +2.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$27.30$30.00—$50.0051.32%$2.25$3.404331
05$25.40$28.10—$52.5051.75%$3.10$4.00170
010$23.60$26.50—$55.0050.93%$3.80$4.50315
—————$57.5049.54%$4.40$5.006824
05$20.30$23.00—$60.0049.90%$5.40$5.90774
01$18.70$21.40—$62.5048.92%$6.20$6.60410
09$17.10$19.90—$65.0048.55%$7.00$7.70326170
—————$67.5048.92%$8.30$8.801960
219$14.70$17.00—$70.0048.35%$9.40$9.808005
044$13.50$16.00—$72.5047.52%$10.00$11.30530
03$12.50$14.70—$75.0045.51%$10.30$12.60990
014$11.20$14.0047.58%$77.50—$12.30$14.501270
094$10.40$13.0047.72%$80.00—$13.80$15.60800
042$9.40$12.0047.25%$82.50—$15.20$17.00760
041$8.60$11.0046.93%$85.00—$15.90$18.80490
0119$7.60$10.5046.95%$87.50—$17.50$20.40440
047$7.00$9.5046.57%$90.00—$19.20$22.30670
030$6.30$8.9046.56%$92.50—$21.10$24.1050
4130$6.00$7.2045.03%$95.00—$23.00$25.80660
0209$5.50$7.5046.75%$97.50—————
03,153$5.00$6.9046.59%$100.00—————

Forward $76.67. The 25-delta put carries +2.32 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.