Options Skew Analytics

BKNG 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 47.44%±8.15skew +4.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$31.90$37.50—$128.00—————
30$32.70$35.80—$129.00—————
32$31.80$34.70—$130.00—————
10$26.60$32.00—$133.00—————
10$25.90$30.60—$134.00—————
02$24.00$28.80—$136.00—————
09$15.40$19.80—$145.00—————
3073$10.90$15.10—$150.00—————
065$8.40$12.90—$152.50—————
1120$6.70$10.20—$155.00—————
228$7.40$8.70—$157.5049.90%$0.90$1.205311
12218$5.50$6.00—$160.0048.86%$1.50$1.8537853
26168$3.90$4.50—$162.5048.52%$2.35$2.8517534
208272$2.55$3.0047.17%$165.00—$3.50$4.007063
13868$1.60$2.1047.70%$167.50—$5.00$5.6050
300652$0.95$1.1045.21%$170.00—$6.80$7.401794
272186$0.50$0.7045.58%$172.50—$8.30$13.6030
—————$175.00—$10.90$15.00280
—————$177.50—$13.00$17.80300
—————$180.00—$15.40$20.3090
—————$200.00—$34.90$42.70150

Forward $164.02. The 25-delta put carries +4.69 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 43.28%±12.33skew +3.88
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0312$30.00$37.40—$130.00—————
011$25.30$30.10—$135.00—————
032$20.40$25.20—$140.0051.20%$0.15$0.2560869
064$16.40$20.10—$145.0049.57%$0.40$0.50931114
01,084$14.50$15.60—$150.00—————
0274$9.60$14.00—$152.5045.53%$1.00$1.4028878
3409$10.40$11.30—$155.0044.42%$1.45$1.8562359
1061$8.50$9.30—$157.5043.73%$2.10$2.4510521
3993$6.80$7.70—$160.0043.34%$2.80$3.4073918
1188$5.50$6.10—$162.5043.71%$3.80$4.60513
111,409$4.20$4.7043.16%$165.00—$5.00$5.805093
7152$3.10$3.6042.58%$167.50—$6.30$7.20587
2382,890$2.35$2.6042.27%$170.00—$8.00$8.807414
501,531$1.45$1.8540.54%$172.50—$9.80$10.60290
1661,638$1.20$1.3041.74%$175.00—$11.60$15.806460
058$0.65$0.9540.68%$177.50—$13.60$18.70100
711,851$0.50$0.7041.94%$180.00—$15.50$20.202210
—————$185.00—$20.60$24.801391
—————$187.50—$22.90$27.6010
—————$190.00—$25.50$30.20270
—————$195.00—$30.20$37.70120

Forward $164.05. The 25-delta put carries +3.88 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 39.78%±14.52skew +3.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$40.10$44.90—$120.00—————
05$21.60$25.70—$140.00—————
010$17.30$20.70—$145.0045.51%$0.60$1.002260
098$13.20$16.10—$150.0043.35%$1.25$1.501,03453
0—$10.50$14.90—$152.5043.19%$1.60$2.15—0
0130$10.00$12.10—$155.0041.74%$2.15$2.55722
2—$9.40$10.30—$157.5041.79%$2.65$3.60—0
0221$8.00$8.50—$160.0040.70%$3.70$4.10390
1—$6.30$7.20—$162.5040.83%$4.60$5.40—0
0156$5.20$5.8039.81%$165.00—$5.80$6.40141
0—$3.50$4.6037.21%$167.50—$7.00$8.10—0
18139$3.10$3.6038.68%$170.00—$8.80$9.301949
2—$2.10$3.0038.32%$172.50—$10.30$11.20—0
13649$1.70$2.2038.41%$175.00—$12.00$16.20120
—————$177.50—$14.20$18.90—0
5170$0.90$1.3538.92%$180.00—————
—————$182.50—$18.50$23.30—0
—————$185.00—$20.30$25.6010
—————$187.50—$23.10$27.90—0
—————$190.00—$25.50$30.3040
—————$200.00—$34.30$43.0050

Forward $164.40. The 25-delta put carries +3.33 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 38.42%±16.54skew +2.88
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$21.20$26.10—$140.00—————
025$17.20$21.30—$145.0043.99%$1.00$1.45174
127$12.90$17.00—$150.0041.53%$1.70$2.05692
10732$10.10$12.90—$155.0040.30%$2.80$3.20211
410$8.80$9.40—$160.0039.41%$4.40$4.90190
1921$6.10$6.6038.47%$165.00—$6.60$7.10800
782$4.00$4.4037.82%$170.00—$9.50$10.00520
1716$2.45$2.8537.41%$175.00—$12.90$16.1050
1331$1.35$1.7536.76%$180.00—————
—————$190.00—$25.50$30.4060

Forward $164.50. The 25-delta put carries +2.88 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 39.74%±19.27skew +1.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$30.40$38.30—$130.00—————
—————$140.0043.23%$0.80$1.25130
20$18.30$21.70—$145.0042.88%$1.35$2.15328
010$13.50$18.50—$150.0040.68%$2.30$2.80174
011$10.50$13.60—$155.0040.20%$3.50$4.40149
250$9.30$10.50—$160.0039.06%$5.20$6.2010
74$6.50$7.7039.74%$165.00—$7.60$9.0040
4950$3.90$5.5037.61%$170.00—$10.10$14.4010
1410$2.90$3.7038.23%$175.00—$13.70$17.8060
731$1.80$2.8038.98%$180.00—————
—————$190.00—$25.80$30.8010
—————$200.00—$34.20$40.2005

Forward $163.80. The 25-delta put carries +1.70 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 41.65%±22.23skew +0.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01,137$17.00$21.70—$146.0039.94%$2.05$2.303453
041$15.70$20.40—$148.0039.40%$2.40$2.701,07911
127,431$16.80$17.90—$150.0039.46%$2.85$3.301,385160
3283$13.60$16.30—$152.0041.10%$3.30$4.601,52910
10271$12.70$14.90—$154.0040.44%$3.90$5.109027
0324$13.40$14.40—$155.0041.17%$4.30$5.70424213
3193$11.00$13.60—$156.0040.75%$4.60$6.008931
0119$9.90$12.20—$158.0040.18%$5.30$6.7056241
41,381$10.50$11.00—$160.0037.58%$6.10$6.604,68747
0367$8.70$9.90—$162.0038.99%$6.90$8.3043535
93,345$7.00$8.9039.07%$164.00—$7.00$10.301,3414
8574$7.80$8.4041.89%$165.00—$8.20$9.703441
8359$6.40$7.9039.45%$166.00—$8.70$11.101972
3290$6.50$7.0041.39%$168.00—$9.90$12.807450
841,644$5.70$6.1040.89%$170.00—$11.00$13.1091427
3786$4.20$5.5039.03%$172.00—$12.30$15.606550
1296$3.50$4.7038.27%$174.00—$13.30$17.202770
11683$3.90$4.4039.99%$175.00—$14.30$17.801720
2316$3.60$4.2040.08%$176.00—$15.00$18.705900
2459$2.55$3.6038.20%$178.00—$16.30$20.306250
35682$2.45$3.2039.25%$180.00—$17.90$21.401,2220

Forward $163.30. The 25-delta put carries +0.20 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 37.96%±26.74
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
028$14.00$16.60—$154.8040.42%$6.00$7.60427
0303$13.80$16.40—$155.2040.98%$6.20$8.004397
045$13.50$16.10—$155.6041.13%$6.30$8.301482
0762$13.30$15.90—$156.0040.49%$6.50$8.103000
091$13.10$15.70—$156.4040.24%$6.60$8.201791
063$12.80$15.40—$156.8039.98%$6.80$8.208010
082$12.60$15.20—$157.2041.05%$6.90$9.001,9380
0102$12.30$15.10—$157.6041.34%$7.10$9.301,4101
0145$12.20$14.70—$158.0041.25%$7.30$9.402,7360
0174$11.90$14.60—$158.4039.83%$7.40$8.901,7531
0263$11.70$14.40—$158.8040.84%$7.50$9.706670
1050$11.90$14.10—$159.2040.17%$7.80$9.402600
9709$11.10$13.70—$160.0039.36%$8.00$9.502,3445
10138$11.80$12.50—$162.0038.59%$9.10$9.901,1867
12303$10.70$11.40—$164.0038.90%$10.00$11.202,0200
2384$9.20$11.0037.15%$165.00—$10.60$12.701,4701
0293$9.20$10.6038.04%$166.00—$11.00$12.306,19725
0916$8.20$9.7037.70%$168.00—$11.70$14.905960
32,181$8.20$8.7038.77%$170.00—$13.30$14.603,8960
1903$7.00$8.0038.02%$172.00—$14.50$15.107,9430
42592$6.30$7.2037.80%$174.00—$15.70$17.207010

Forward $164.45. Not enough surviving quotes on both wings to measure the skew here.

2027-03-19(130 days)ATM 40.51%±39.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$18.60$21.70—$155.2041.51%$10.00$12.10610
070$18.40$21.80—$155.6041.16%$10.10$12.101050
0214$18.30$22.30—$156.0041.36%$10.20$12.502,2540
0203$18.00$20.90—$156.4040.86%$10.00$12.70780
039$17.70$21.90—$156.8041.60%$10.70$12.90960
017$17.70$20.60—$157.2041.37%$10.70$13.10570
021$17.40$20.60—$157.6041.55%$11.00$13.30770
012$17.20$20.60—$158.0040.91%$10.80$13.403,1980
017$16.90$20.30—$158.4041.48%$11.30$13.70500
15140$16.80$19.60—$158.8041.64%$11.60$13.90580
0208$16.50$19.40—$159.2041.53%$11.80$14.00410
1271$16.30$19.30—$160.0040.23%$11.60$14.003960
046$15.30$17.80—$162.0041.31%$13.30$15.102,21510
0131$14.40$16.90—$164.0041.08%$14.30$16.001,7290
4150$15.30$16.40—$165.0040.48%$14.80$16.105782
1082$13.60$16.0038.91%$166.00—$15.30$16.804680
15208$14.40$14.9040.75%$168.00—$16.40$18.20960
37373$13.40$14.1040.55%$170.00—$17.00$19.203980
156$12.60$13.2040.38%$172.00—$18.20$21.201230
1134$11.80$12.5040.37%$174.00—$19.10$22.501400
171,790$11.30$12.1040.14%$175.00—$20.10$22.001,7333

Forward $165.41. Not enough surviving quotes on both wings to measure the skew here.

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.