Options Skew Analytics

APH option chain

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

Data as of 22 September 2026 (end of day)

2026-10-16(24 days)ATM 40.36%±8.63skew +0.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$28.80$31.40—$52.50—————
0136$26.30$28.80—$55.00—————
032$23.80$26.40—$57.50—————
026$21.30$23.90—$60.00—————
012$18.80$21.40—$62.50—————
0347$16.80$18.80—$65.0048.40%$0.05$0.1014,33163
4583$14.60$16.40—$67.5045.86%$0.10$0.1540,74841
12144$12.20$14.00—$70.0044.14%$0.20$0.251,537104
8200$11.10$11.60—$72.5042.67%$0.35$0.453,918132
9606$7.90$9.50—$75.0042.05%$0.70$0.752,824180
91,409$7.00$7.30—$77.5040.97%$1.15$1.251,717200
4962,939$5.10$5.80—$80.0040.99%$1.85$2.10777272
853,060$3.80$4.10—$82.5040.99%$2.85$3.2043316
1,8947,468$2.60$2.8039.90%$85.00—$4.10$4.501,15013
4434,276$1.75$1.9540.32%$87.50—$5.60$6.9018515
4445,629$1.15$1.3040.62%$90.00—$7.50$9.101200
291,171$0.65$0.8540.20%$92.50—$9.70$11.501,2990
2832,290$0.40$0.5040.13%$95.00—$11.70$13.401490
—————$100.00—$16.40$18.90220
—————$105.00—$19.90$23.90520
—————$110.00—$26.40$28.9052

Forward $83.43. The 25-delta put carries +0.36 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 48.23%±16.19skew -0.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$26.60$29.40—$55.00—————
06$24.20$26.80—$57.50—————
326$22.40$24.30—$60.0051.02%$0.25$0.401,74220
067$19.50$22.00—$62.5049.23%$0.40$0.5015,36323
058$17.70$19.80—$65.0048.62%$0.60$0.751,19336,432
094$16.00$17.60—$67.5048.70%$0.90$1.159053
0818$13.30$15.30—$70.0047.62%$1.30$1.501,21442
264$12.50$13.60—$72.5047.61%$1.85$2.1058318
10246$9.90$11.70—$75.0047.42%$2.55$2.8090918
7197$8.90$9.90—$77.5047.01%$3.30$3.701,2757
537,228$7.40$8.40—$80.0047.17%$4.40$4.707084
361,661$6.40$7.10—$82.5047.23%$5.60$5.9063614
561,194$5.60$5.9048.23%$85.00—$6.70$7.302738
562,537$4.40$4.9047.35%$87.50—$8.10$8.701310
514,210$3.80$4.0048.07%$90.00—$10.00$10.40160
29453$3.00$3.3047.82%$92.50—$11.50$14.0070
212,858$2.45$2.6547.85%$95.00—$13.50$15.70245
48389$2.00$2.1548.11%$97.50—$15.50$17.2060
991,249$1.45$1.7547.49%$100.00—$17.50$19.10180
40632$0.95$1.2048.59%$105.00—————
61,808$0.55$0.8048.78%$110.00—————

Forward $83.51. The 25-delta put carries -0.69 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 44.10%±18.09skew +0.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
062$26.90$29.50—$55.00—————
024$24.60$27.90—$57.50—————
064$22.30$24.90—$60.00—————
048$20.10$22.50—$62.5048.43%$0.70$1.001242
0173$18.50$20.30—$65.0046.95%$0.85$1.351,0217
0722$15.70$18.30—$67.5047.32%$1.35$1.8072141
141,651$15.70$16.10—$70.0046.30%$1.90$2.152933
0284$12.60$14.30—$72.5045.76%$2.55$2.704986
4979$11.10$12.60—$75.0045.67%$3.20$3.6055518
201,016$8.60$11.10—$77.5045.17%$3.90$4.602292
4511,064$7.80$9.50—$80.0045.12%$5.20$5.40758453
47995$7.80$8.20—$82.5045.47%$6.40$6.701716
70533$6.70$7.0044.96%$85.00—$7.40$8.20680
0955$5.00$6.0042.89%$87.50—$8.90$9.60480
63395$4.80$5.1045.01%$90.00—$10.60$11.20400
33526$4.10$4.3045.19%$92.50—$12.30$13.0080
9590$3.10$3.7044.33%$95.00—$14.20$16.60140
33264$2.80$3.1045.22%$97.50—$16.20$18.50280
126371$2.30$2.5044.80%$100.00—$18.10$19.90190
7845$1.35$1.8044.27%$105.00—————
0104$1.05$1.3546.02%$110.00—————

Forward $84.04. The 25-delta put carries +0.87 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 43.73%±20.61skew +0.68
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0358$27.10$29.60—$55.00—————
0388$24.80$27.30—$57.50—————
0323$22.60$25.10—$60.00—————
0654$20.30$23.00—$62.5045.96%$0.90$1.409174
0321$18.30$20.80—$65.0046.17%$1.45$1.7599961
01,130$18.20$18.70—$67.5044.57%$1.80$2.108691
0527$14.40$16.90—$70.0044.44%$2.40$2.7057816
0417$13.10$15.10—$72.5044.57%$3.10$3.5088112
0967$12.00$13.30—$75.0043.90%$3.90$4.201,27576
0983$9.50$11.90—$77.5043.77%$4.80$5.2036824
51,216$9.30$10.40—$80.0043.78%$5.90$6.3054019
4571$8.50$9.00—$82.5043.94%$7.10$7.601610
8836$7.30$8.0043.71%$85.00—$8.20$9.104084
2417$6.40$6.9043.75%$87.50—$9.80$10.50440
12839$5.60$6.0044.02%$90.00—$11.20$12.105130
3499$3.60$5.2040.63%$92.50—$13.00$13.80260
12497$3.70$4.5042.86%$95.00—$14.70$17.30720
0285$2.45$3.9040.90%$97.50—$16.70$19.20680
572,753$2.95$3.3043.89%$100.00—$18.60$20.404140
4792$1.95$2.4043.30%$105.00—$22.80$25.30240
—————$110.00—$27.20$29.7020

Forward $83.99. The 25-delta put carries +0.68 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 43.15%±25.40skew +0.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
058$28.20$30.70—$55.00—————
026$26.00$28.70—$57.50—————
0138$23.90$26.60—$60.00—————
044$22.60$24.50—$62.5049.08%$2.00$3.101041
060$20.00$22.50—$65.0045.93%$2.50$2.9521427
11,218$19.50$20.60—$67.5045.58%$3.10$3.601820
097$16.60$18.80—$70.0044.88%$3.70$4.309460
898$15.60$17.20—$72.5045.08%$4.50$5.307191
0260$13.70$15.60—$75.0044.49%$5.30$6.203180
0146$11.80$14.20—$77.5044.68%$6.40$7.302124
261,688$10.20$12.80—$80.0044.38%$7.50$8.4018036
0161$9.10$11.50—$82.5043.89%$8.60$9.603330
21393$9.30$10.4044.31%$85.00—$10.10$11.001467
0543$7.50$9.4042.59%$87.50—$11.60$12.40390
17692$7.90$8.5045.48%$90.00—$13.10$13.90450
0226$6.10$7.6043.23%$92.50—$14.60$15.5040
68223$5.90$6.8044.36%$95.00—$16.40$17.20560
0257$4.50$6.1042.69%$97.50—————
0332$4.40$5.6044.14%$100.00—$20.10$22.6020
3329$3.60$4.5044.68%$105.00—————
4256$2.80$3.6044.72%$110.00—————

Forward $84.29. The 25-delta put carries +0.36 volatility points over the 25-delta call.

2027-04-16(206 days)ATM 44.05%±27.66skew +1.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$37.20$40.20—$45.00—————
10$24.30$26.90—$60.00—————
—————$62.5046.16%$2.25$3.201488
—————$65.0045.62%$2.80$3.80200
02$17.00$19.70—$70.0045.15%$4.00$5.6050
—————$72.5044.02%$4.80$6.2020
02$13.70$16.40—$75.00—————
09$12.50$14.90—$77.5044.34%$6.80$8.60191
2055$11.50$13.60—$80.0041.96%$7.30$9.401651
011$9.70$12.30—$82.5043.26%$9.20$10.70270
010$8.80$11.3043.70%$85.00—$10.60$12.0070
07$8.00$10.1043.58%$87.50—$11.90$13.5060
0145$7.50$9.8045.59%$90.00—$13.20$16.1050
03$5.80$7.6043.97%$95.00—————
—————$97.50—$17.80$21.2010
03$4.50$6.4044.14%$100.00—————
01$2.70$4.2043.79%$110.00—————
027$2.10$3.4043.78%$115.00—————

Forward $83.58. The 25-delta put carries +1.36 volatility points over the 25-delta call.

2027-06-17(268 days)ATM 45.78%±32.96skew -0.31
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$29.50$32.30—$55.0048.56%$1.75$2.60880
02$28.00$31.10—$57.5047.92%$2.05$3.20720
06$25.50$28.30—$60.0048.00%$2.60$3.90530
018$23.60$27.00—$62.5046.64%$3.20$4.201,0040
07$21.80$24.70—$65.00—————
07$20.10$22.80—$67.5044.76%$4.10$5.70560
04$18.50$21.20—$70.0044.32%$5.30$6.101,36811
034$17.00$19.60—$72.5044.84%$6.10$7.50900
074$15.50$18.30—$75.0044.76%$7.10$8.601000
031$14.10$17.30—$77.5044.75%$8.20$9.801140
1132$13.00$15.50—$80.0042.17%$9.10$10.004420
10496$11.70$14.30—$82.5044.22%$10.60$12.20630
015$10.70$13.2044.64%$85.00—$11.90$13.90650
036$9.70$12.2044.50%$87.50—$12.20$15.001390
0115$9.00$11.8045.74%$90.00—$14.90$16.50170
026$8.30$10.9045.85%$92.50—$16.10$19.1040
038$7.70$10.1046.09%$95.00—$18.00$20.8020
072$6.90$8.7044.68%$97.50—————
1526$6.60$8.0045.25%$100.00—$21.10$24.20160
056$5.00$6.8044.33%$105.00—————
0495$4.20$5.8044.63%$110.00—$28.60$31.9020

Forward $84.02. The 25-delta put carries -0.31 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.