Options Skew Analytics

BAC option chain

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

Data as of 24 September 2026 (end of day)

2026-10-02(8 days)ATM 24.53%±2.04skew +1.80
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$20.05$22.15—$35.00—————
0—$11.10$13.25—$44.00—————
01$10.50$12.00—$45.00—————
0—$9.50$11.00—$46.00—————
013$5.65$6.65—$50.0039.37%$0.01$0.0411220
012$4.70$5.65—$51.0034.69%$0.01$0.05822
150$3.75$4.50—$52.0031.72%$0.04$0.06546280
028$2.95$3.50—$53.0029.06%$0.08$0.10478134
882$2.13$2.65—$54.0027.38%$0.17$0.203,916601
46135$1.57$1.70—$55.0025.53%$0.35$0.3714,2202,403
1,1791,092$0.92$0.97—$56.0024.74%$0.69$0.723,519859
1,3462,322$0.46$0.5024.04%$57.00—$1.21$1.261,707489
1,9142,327$0.20$0.2223.73%$58.00—$1.94$2.111,89568
6842,703$0.08$0.0924.08%$59.00—$2.80$3.152,8934
7423,624$0.03$0.0425.02%$60.00—$3.75$4.151,1811,775
72799$0.01$0.0226.22%$61.00—$4.75$5.15257387
—————$62.00—$5.40$6.404163
43,544$0.01$0.0234.85%$63.00—————

Forward $56.24. The 25-delta put carries +1.80 volatility points over the 25-delta call.

2026-10-09(15 days)ATM 24.40%±2.78skew +3.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$11.60$12.70—$44.00—————
06$10.80$11.50—$45.00—————
0—$9.75$10.60—$46.00—————
—————$47.0041.55%$0.01$0.0434
448$8.00$8.40—$48.00—————
34$7.15$7.40—$49.00—————
327$5.95$6.75—$50.00—————
4026$5.20$5.45—$51.0030.68%$0.06$0.105361
038$3.90$4.80—$52.0028.68%$0.11$0.1435011
929$3.20$3.55—$53.0027.60%$0.20$0.2463463
325$2.39$2.70—$54.0026.24%$0.35$0.38640464
1653$1.86$1.93—$55.0025.22%$0.58$0.631,582101
301306$1.23$1.30—$56.0024.64%$0.95$1.011,045200
214998$0.75$0.8023.94%$57.00—$1.46$1.5224320
135722$0.40$0.4523.20%$58.00—$2.12$2.425612
3131,785$0.19$0.2322.67%$59.00—$2.91$3.1024018
831,441$0.10$0.1223.23%$60.00—$3.80$4.0546615
5521$0.04$0.0623.29%$61.00—$4.75$5.10112174
145853$0.02$0.0424.69%$62.00—$5.75$6.3021
5672$0.01$0.0326.35%$63.00—$6.40$7.2521
1588$0.01$0.0231.20%$65.00—————

Forward $56.29. The 25-delta put carries +3.05 volatility points over the 25-delta call.

2026-10-16(22 days)ATM 29.61%±4.10skew +3.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$8.00$8.85—$48.0038.44%$0.08$0.102,7431
01$7.00$7.90—$49.0036.80%$0.11$0.14550802
1673$6.25$6.60—$50.0035.47%$0.17$0.194,464688
—————$51.0034.24%$0.25$0.2749988
11$4.40$4.85—$52.0033.26%$0.36$0.404923
1511,062$4.00$4.35—$52.5032.87%$0.44$0.486,1341,016
150$3.50$3.95—$53.0032.38%$0.54$0.56335164
414$2.83$3.15—$54.0031.41%$0.75$0.801,1911,684
34910,056$2.37$2.43—$55.0030.89%$1.07$1.1218,8051,844
1,0371,440$1.80$1.84—$56.0029.97%$1.47$1.492,230933
612793$1.30$1.3229.22%$57.00—$1.96$2.021,76363
2775,362$1.06$1.1128.72%$57.50—$2.25$2.3113,34845
914681$0.89$0.9128.52%$58.00—$2.55$2.6359553
2391,107$0.56$0.6227.93%$59.00—$3.20$3.356230
1,78326,191$0.37$0.3927.75%$60.00—$4.00$4.2014,49697
32778$0.22$0.2527.60%$61.00—$4.55$5.3041
844808$0.13$0.2028.62%$62.00—$5.65$6.25830
48116,864$0.11$0.1227.91%$62.50—$6.30$6.6512,67213
054$0.08$0.1128.35%$63.00—$6.80$7.25111
890$0.05$0.0929.63%$64.00—$7.80$8.55010
3,83320,141$0.03$0.0428.91%$65.00—$8.80$8.95370735

Forward $56.34. The 25-delta put carries +3.48 volatility points over the 25-delta call.

2026-10-23(29 days)ATM 28.14%±4.47skew +3.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$10.65$12.15—$45.00—————
0—$9.70$10.90—$46.00—————
09$8.70$9.95—$47.00—————
07$7.95$8.80—$48.00—————
058$5.85$7.10—$50.0032.81%$0.19$0.261461
09$5.10$6.20—$51.0032.60%$0.29$0.403317
728$4.50$4.90—$52.0030.88%$0.41$0.498969
044$3.65$4.10—$53.0030.57%$0.62$0.6944539
113$3.05$3.35—$54.0029.89%$0.86$0.9547089
40149$2.54$2.63—$55.0029.31%$1.18$1.28873215
2207$1.94$2.03—$56.0028.58%$1.55$1.70539288
1171,234$1.43$1.5027.79%$57.00—$2.07$2.201168
83264$1.01$1.0927.26%$58.00—$2.65$2.791811
30111$0.67$0.7626.61%$59.00—$3.25$3.5016611
5591,569$0.45$0.5026.24%$60.00—$4.05$4.35416
22175$0.28$0.3426.11%$61.00—$4.90$5.30241
41,033$0.19$0.2126.14%$62.00—$5.45$6.301510
—————$63.00—$6.55$7.75240
3439$0.06$0.0926.08%$64.00—————
6306$0.04$0.0727.06%$65.00—————
215$0.01$0.0631.63%$68.00—————

Forward $56.36. The 25-delta put carries +3.96 volatility points over the 25-delta call.

2026-10-30(36 days)ATM 27.45%±4.86skew +3.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$11.65$13.00—$44.00—————
0—$9.75$11.05—$46.00—————
09$8.75$10.05—$47.00—————
012$7.80$9.10—$48.00—————
012$6.85$8.15—$49.00—————
117$6.30$6.90—$50.00—————
1031$5.55$5.90—$51.0030.99%$0.33$0.50174
025$4.55$5.15—$52.0029.70%$0.50$0.591576
—————$53.0028.99%$0.70$0.7938943
234$3.10$3.50—$54.0028.26%$0.96$1.0419943
42184$2.60$2.78—$55.0027.51%$1.22$1.4218123
8152$1.93$2.22—$56.0027.19%$1.66$1.838669
630330$1.54$1.7427.65%$57.00—$2.17$2.371970
3001,509$1.12$1.2526.67%$58.00—$2.74$2.961021
3475$0.73$0.9025.69%$59.00—$3.40$3.65610
163290$0.57$0.6025.80%$60.00—$4.15$4.50702
1577$0.34$0.4725.75%$61.00—$4.55$5.45190
2298$0.24$0.3025.62%$62.00—$5.70$6.3070
101,450$0.15$0.2025.49%$63.00—$6.15$7.60230
61,048$0.10$0.1425.83%$64.00—$7.25$8.5510

Forward $56.33. The 25-delta put carries +3.20 volatility points over the 25-delta call.

2026-11-20(57 days)ATM 26.27%±5.87skew +3.50
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
030$17.95$22.95—$36.00—————
01$16.30$18.70—$39.00—————
10225$15.70$16.70—$40.00—————
04$14.90$16.15—$41.00—————
03$14.10$15.15—$42.00—————
088$13.10$14.00—$43.00—————
1542$12.20$13.10—$44.0036.61%$0.10$0.141,52914
085$11.30$11.95—$45.0034.66%$0.13$0.144,1306
01,047$10.25$11.30—$46.0033.89%$0.17$0.192,23592
057$9.40$10.30—$47.0032.86%$0.21$0.251,43538
140$8.30$9.40—$48.0032.02%$0.28$0.321,67037
040$7.60$8.05—$49.0031.10%$0.37$0.407,44332
11,177$6.70$7.10—$50.0030.45%$0.48$0.5315,150449
30806$4.70$5.10—$52.5028.73%$0.91$0.982,5341,769
8823,820$3.20$3.30—$55.0027.19%$1.67$1.6918,9501,400
1,3437,225$1.85$1.9226.01%$57.50—$2.78$2.867,032334
1,2406,515$0.97$1.0025.23%$60.00—$4.40$4.608,7015
56914,178$0.42$0.4624.35%$62.50—$6.40$6.654,64718
1,75015,932$0.17$0.1923.99%$65.00—$8.60$9.302,6701
1055,074$0.07$0.0824.26%$67.50—————
116,343$0.02$0.0826.47%$70.00—$13.30$14.7021

Forward $56.56. The 25-delta put carries +3.50 volatility points over the 25-delta call.

2026-12-18(85 days)ATM 26.15%±7.12skew +3.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$17.95$19.60—$38.00—————
100$16.20$19.05—$39.00—————
03,406$16.15$17.45—$40.0037.29%$0.08$0.107,27110
01$15.20$16.50—$41.00—————
11,977$14.30$14.75—$42.0035.43%$0.11$0.175,3440
155$13.25$14.55—$43.00—————
015$12.35$13.05—$44.0033.06%$0.18$0.227353
02,722$11.40$11.90—$45.0032.22%$0.24$0.2612,20732
0106$10.40$11.55—$46.0031.35%$0.28$0.341,0831
0164$9.50$10.50—$47.0030.53%$0.33$0.449441
044$8.65$9.60—$48.0029.96%$0.46$0.5282516
023$7.75$8.65—$49.0029.59%$0.61$0.651,27813
35,142$7.00$7.40—$50.0029.00%$0.76$0.818,09169
6243,505$5.05$5.40—$52.5027.73%$1.30$1.378,416484
295,330$3.60$3.70—$55.0026.59%$2.15$2.1813,816558
3894,246$2.31$2.3526.00%$57.50—$3.30$3.455,357250
4,1158,449$1.34$1.3824.99%$60.00—$4.80$5.0028,29017
29713,501$0.74$0.7624.53%$62.50—$6.70$7.103,1121
3313,371$0.38$0.3924.19%$65.00—$8.75$9.303,9263
14,900$0.17$0.2224.22%$67.50—$11.05$11.854880
2552,550$0.09$0.1124.52%$70.00—$12.75$14.95130

Forward $56.44. The 25-delta put carries +3.20 volatility points over the 25-delta call.

2027-01-15(113 days)ATM 26.77%±8.44skew +2.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0100$17.25$18.50—$39.00—————
07,725$16.35$17.05—$40.0035.72%$0.14$0.1618,16810
03$15.25$16.60—$41.00—————
04,597$14.40$14.95—$42.0034.31%$0.21$0.2513,6532
0387$13.40$14.05—$43.0032.70%$0.20$0.302,9100
1692$12.50$13.40—$44.0032.92%$0.28$0.411,9460
1210,405$11.60$12.30—$45.0031.92%$0.38$0.4349,38615
019$10.65$11.65—$46.0031.29%$0.43$0.563,5970
025,480$9.80$10.70—$47.0030.96%$0.56$0.6834,6610
050$8.95$10.05—$48.0029.57%$0.64$0.751,30210
072$8.10$8.85—$49.0029.68%$0.85$0.942,9870
1421,634$7.45$7.75—$50.0029.06%$1.02$1.1247,75586
5415,586$5.50$5.90—$52.5028.08%$1.64$1.7520,5211
4323,108$4.20$4.25—$55.0027.10%$2.54$2.5871,277430
9543,715$2.88$2.9926.72%$57.50—$3.70$3.8514,682140
1,31031,179$1.88$1.9225.80%$60.00—$5.20$5.459,4835
16422,265$1.16$1.2125.32%$62.50—$7.00$7.3011,6162
91822,378$0.68$0.7324.96%$65.00—$9.00$9.302,09961
609,337$0.38$0.4324.75%$67.50—$11.20$11.9036618
22213,102$0.22$0.2624.98%$70.00—$13.70$14.40520
0799$0.14$0.1725.69%$72.50—$15.25$16.8520

Forward $56.65. The 25-delta put carries +2.76 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.