Options Skew Analytics

BKR option chain

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

Data as of 6 November 2026 (end of day)

2027-01-15(70 days)ATM 38.40%±8.08skew +3.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$26.90$28.90—$20.00—————
05$23.90$26.00—$23.00—————
026$22.20$23.70—$25.00—————
06$19.00$21.10—$28.00—————
035$17.30$19.10—$30.00—————
018$15.40$16.60—$32.00—————
021$12.60$13.70—$35.00—————
0137$10.80$12.00—$37.0044.05%$0.25$0.402270
0305$8.20$9.20—$40.0041.07%$0.55$0.701,9910
0169$6.70$7.50—$42.0040.20%$0.95$1.055772
099$4.60$5.30—$45.0039.95%$1.90$1.95202234
3867$3.50$4.10—$47.0039.48%$2.70$2.80636156
231,069$2.20$2.4537.66%$50.00—$3.90$4.40810184
272,280$0.85$0.9536.43%$55.00—$7.40$8.401,2932
2331,507$0.30$0.4037.34%$60.00—$12.10$12.701,48613
—————$65.00—$16.70$17.803332
—————$70.00—$21.50$23.1020
—————$85.00—$36.30$38.3010

Forward $48.06. The 25-delta put carries +3.77 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 37.94%±11.08skew +5.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$13.10$14.10—$35.0042.83%$0.45$0.604146
03$9.00$10.00—$40.0041.56%$1.35$1.451111
034$5.60$6.50—$45.0039.98%$2.90$3.00424167
0158$3.50$3.8037.83%$50.00—$5.00$5.502,11350
41115$1.85$2.0536.63%$55.00—$8.30$8.804697
2256$0.90$1.1036.34%$60.00—$12.20$13.101972
17168$0.45$0.6036.86%$65.00—$16.90$17.80816
—————$70.00—$21.70$23.20180
—————$80.00—$31.30$33.1010

Forward $48.38. The 25-delta put carries +5.22 volatility points over the 25-delta call.

2027-04-16(161 days)ATM 37.10%±11.93skew +3.64
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$35.0041.97%$0.55$0.80420
02$9.30$10.40—$40.0039.66%$1.40$1.7045
—————$45.0038.07%$2.95$3.30152
113$3.70$4.3037.08%$50.00—$5.30$5.80180
09$2.00$2.5536.07%$55.00—$8.50$9.10110
10047$1.10$1.4536.02%$60.00—$12.40$13.5050
0252$0.55$0.8035.79%$65.00—$16.90$18.1050

Forward $48.42. The 25-delta put carries +3.64 volatility points over the 25-delta call.

2027-06-17(223 days)ATM 36.86%±14.02skew +4.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$18.00$19.40—$30.00—————
02$13.80$14.80—$35.0041.90%$0.90$1.2540
03$10.00$11.00—$40.0040.19%$1.95$2.404210
3503$7.00$7.90—$45.0038.10%$3.60$4.006961
039$4.60$5.2036.99%$50.00—$6.00$6.401644
0120$2.85$3.4036.26%$55.00—$8.90$9.90990
3189$1.70$2.1535.77%$60.00—$12.90$13.90410
034$1.00$1.3535.66%$65.00—$17.10$18.30170
0151$0.60$0.8535.85%$70.00—$21.80$23.2010
—————$75.00—$26.20$28.2010

Forward $48.67. The 25-delta put carries +4.41 volatility points over the 25-delta call.

2027-09-17(315 days)ATM 36.83%±16.72skew +3.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
043$14.40$15.50—$35.0040.74%$1.30$1.8010
01$10.80$11.90—$40.0039.27%$2.55$3.102220
09$7.80$8.80—$45.0038.02%$4.50$4.8017361
060$5.60$6.4037.20%$50.00—$6.80$7.40637
09$3.80$4.5036.32%$55.00—$10.00$10.60946
0583$2.55$3.2036.13%$60.00—$13.30$14.505610
017$1.75$2.2036.05%$65.00—$17.50$18.7010
0134$1.30$1.5036.46%$70.00—————
03$0.70$1.1035.84%$75.00—————

Forward $48.86. The 25-delta put carries +3.23 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.