Options Skew Analytics

CBRS option chain

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

Data as of 25 September 2026 (end of day)

2026-10-02(7 days)ATM 74.46%±21.52skew -8.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$25.50$31.10—$182.50—————
541,002$23.30$28.80—$185.0070.09%$0.85$1.10126102
336$21.10$25.80—$187.5070.09%$1.10$1.505245
296$19.00$24.10—$190.0069.31%$1.50$1.80340130
039$16.80$22.20—$192.5070.47%$2.00$2.45120101
1130$15.30$19.50—$195.0071.12%$2.65$3.10326147
2421$13.70$17.70—$197.5070.82%$3.30$3.802975
702234$12.50$14.20—$200.0070.19%$3.90$4.70353293
4574$11.00$12.90—$202.5070.85%$4.90$5.7027623
58245$9.70$11.10—$205.0073.06%$6.10$7.1027173
21680$8.70$9.50—$207.5073.22%$7.20$8.404828
5,471518$7.80$8.2074.53%$210.00—$8.80$9.7080111
18462$6.70$7.4075.70%$212.50—$10.10$11.60304
1,610210$6.00$6.3076.37%$215.00—$11.70$13.206139
1,45867$5.00$5.8077.50%$217.50—$13.10$15.00180
608398$4.40$4.7076.83%$220.00—$15.00$17.5054248
98128$3.80$4.1077.69%$222.50—$14.90$18.901443
2,906593$3.30$3.7079.34%$225.00—$17.00$21.101253
18643$2.75$3.2079.50%$227.50—————
2,134257$2.50$2.8081.24%$230.00—$20.60$25.0010
4716$2.00$2.2579.83%$232.50—————

Forward $208.75. The 25-delta put carries -8.53 volatility points over the 25-delta call.

2026-10-09(14 days)ATM 72.09%±29.54skew -7.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
026$26.90$32.30—$182.50—————
04$24.90$30.20—$185.0066.93%$2.05$2.756119
12$23.00$28.60—$187.5067.73%$2.50$3.5055
128$21.40$24.40—$190.0069.02%$3.30$4.205216
111$19.50$24.70—$192.5067.57%$3.50$5.00211
130$17.70$22.80—$195.0067.88%$4.30$5.802338
111$16.10$21.00—$197.5066.52%$4.50$6.90171
1669$15.00$18.90—$200.0068.35%$6.00$7.804412
030$13.60$18.50—$202.5067.53%$6.50$9.10193
1042$12.50$14.30—$205.0068.07%$7.80$10.20340
220$11.00$13.40—$207.5071.43%$8.80$12.70190
43110$10.60$11.7070.51%$210.00—$11.50$12.301130
3523$9.10$11.9073.34%$212.50—$11.20$16.30105
1069$8.60$9.8071.67%$215.00—————
25$6.60$10.0071.98%$217.50—$13.40$18.50110
4969$6.60$7.9070.86%$220.00—————
—————$222.50—$16.90$21.7010
24126$5.60$6.7073.70%$225.00—$21.10$23.5040
140$4.90$6.7075.94%$227.50—————
35199$4.50$5.5074.68%$230.00—$22.20$27.5040
953$3.60$4.4075.23%$235.00—————

Forward $209.25. The 25-delta put carries -7.66 volatility points over the 25-delta call.

2026-10-16(21 days)ATM 75.91%±38.08skew -7.61
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$182.5069.28%$3.40$4.1053
201,247$27.20$31.00—$185.0069.24%$4.00$4.7026644
—————$187.5070.08%$4.60$5.7051
6490$23.90$27.10—$190.0069.48%$5.50$6.101,16115
—————$192.5070.01%$6.30$7.1034
2233$20.80$24.00—$195.0070.09%$7.30$7.905017
—————$197.5071.41%$8.30$9.3024
1,263811$18.10$20.10—$200.0070.41%$9.30$10.001,62647
02$17.00$20.70—$202.5074.81%$10.50$12.70410
217$15.70$17.50—$205.0073.32%$11.40$13.60148
75$14.50$16.00—$207.5074.55%$13.00$15.0060
1021,166$13.40$14.5071.91%$210.00—$14.20$15.401,2356
1322$12.40$14.9075.94%$212.50—$15.80$17.5011
314200$11.50$12.5072.88%$215.00—$17.20$18.6020
010$10.50$13.3077.29%$217.50—————
1541,284$9.70$10.5072.80%$220.00—$20.00$21.804211
91$8.90$11.0076.43%$222.50—————
21619$8.20$9.1073.82%$225.00—————
—————$227.50—$24.90$27.3010
36873$6.90$7.9074.82%$230.00—$26.00$28.907110
36$5.80$7.3077.09%$235.00—————

Forward $209.15. The 25-delta put carries -7.61 volatility points over the 25-delta call.

2026-10-23(28 days)ATM 71.66%±41.75skew -4.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$182.5069.36%$4.30$5.70384
05$28.60$33.10—$185.0069.49%$4.90$6.502713
017$27.00$32.20—$187.50—————
020$25.30$30.50—$190.0069.56%$6.60$7.905512
04$23.90$28.90—$192.5072.27%$6.50$10.80185
05$22.40$27.30—$195.0072.31%$7.50$11.7064
023$20.90$25.90—$197.5072.05%$8.40$12.7010
629$19.70$23.50—$200.0070.84%$10.20$12.50624
12$18.40$23.20—$202.5072.78%$10.80$15.0020
137$16.90$21.60—$205.0072.38%$11.90$16.1040
1226$15.10$20.50—$207.5072.39%$13.20$17.3070
476$15.10$18.50—$210.0071.92%$14.90$18.0052
214$14.00$17.1071.39%$212.50—$16.10$20.0020
68$13.10$16.0071.68%$215.00—$17.50$21.20240
03$11.10$15.9071.52%$217.50—————
565$10.40$13.9069.80%$220.00—$21.80$24.2041
30$9.40$14.1071.98%$222.50—————
1108$8.70$12.6070.88%$225.00—$23.20$27.9030
255$8.40$11.0073.59%$230.00—$26.40$31.4030
216$7.00$9.3072.78%$235.00—————
425$5.70$8.6073.79%$240.00—$34.20$39.1010

Forward $210.35. The 25-delta put carries -4.23 volatility points over the 25-delta call.

2026-10-30(35 days)ATM 70.61%±46.28skew +1.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$33.40$39.20—$180.0070.64%$5.30$6.00425
09$30.00$34.50—$185.00—————
—————$187.5073.68%$6.40$10.60250
15$27.00$32.20—$190.0071.76%$8.40$9.506918
—————$192.5074.16%$8.40$12.4040
044$24.10$29.60—$195.0074.03%$9.20$13.50230
12$22.90$28.10—$197.5074.10%$10.30$14.5031
258$21.50$26.70—$200.0071.28%$11.60$14.00242
08$20.20$25.70—$202.5073.99%$12.40$16.8020
445$19.20$24.10—$205.0074.60%$13.80$18.10113
012$17.90$22.90—$207.5074.41%$15.00$19.3080
617$16.90$21.70—$210.0071.31%$16.30$19.0022
36$16.00$20.0070.71%$212.50—$17.50$22.0020
510$15.00$19.5072.02%$215.00—$19.00$23.4050
25$13.40$18.1070.26%$217.50—————
10179$13.20$16.5070.60%$220.00—$22.50$26.7060
33$11.40$16.2070.18%$222.50—————
513$11.70$14.0069.95%$225.00—————
243$9.50$13.8071.71%$230.00—————
1213$9.00$11.5072.03%$235.00—$32.70$37.10230
433$7.90$10.0072.11%$240.00—————

Forward $211.66. The 25-delta put carries +1.57 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 79.58%±65.62skew -5.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
714$69.90$74.60—$140.0075.53%$1.70$2.1517513
05$65.30$70.80—$145.0076.14%$2.35$2.8530762
016$61.60$65.70—$150.0075.88%$3.20$3.405920
515$57.20$61.80—$155.0075.15%$3.90$4.2035799
033$53.60$58.50—$160.0075.98%$4.90$5.5034222
030$49.70$54.70—$165.0076.61%$6.20$6.8029316
222$46.10$51.60—$170.0076.41%$7.40$8.201,5067
019$42.90$47.10—$175.0076.18%$9.00$9.501,03115
1940$39.60$42.30—$180.0076.87%$10.70$11.50491164
0197$36.60$40.00—$185.0077.03%$12.50$13.5026320
4247$33.80$37.00—$190.0077.29%$14.60$15.6050310
0187$31.00$33.30—$195.0077.29%$16.70$17.903587
28757$28.50$30.80—$200.0077.39%$19.00$20.404238
11244$24.50$27.10—$210.0078.57%$24.60$26.0031517
14305$21.00$23.1079.62%$220.00—$30.70$32.20879
120615$17.20$18.8078.05%$230.00—$36.90$39.50550
8255$14.60$15.5078.28%$240.00—$44.10$46.20972
731,203$12.20$13.0078.68%$250.00—$49.10$53.80430
351,496$10.40$11.8081.04%$260.00—$57.70$62.0040
17152$8.80$10.0081.69%$270.00—$65.20$70.40160
28195$7.50$8.4082.24%$280.00—$74.10$79.2070

Forward $210.50. The 25-delta put carries -5.38 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 77.67%±90.90skew -4.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$74.50$79.50—$140.0070.40%$4.30$5.504261
033$70.40$75.80—$145.0071.14%$5.20$7.001850
365$66.30$71.80—$150.0072.58%$7.00$8.30939125
033$63.20$68.40—$155.0075.21%$8.20$11.30870
076$59.80$64.70—$160.0072.06%$9.70$10.905794
035$56.40$61.40—$165.0072.38%$11.40$12.60919
582$53.60$57.60—$170.0071.84%$13.10$14.00524144
072$50.40$54.30—$175.0072.34%$15.10$16.1047752
6350$47.80$50.00—$180.0072.83%$17.20$18.4046310
7205$45.00$47.70—$185.0073.32%$19.30$21.001372
5442$42.10$46.90—$190.0073.71%$22.00$23.205101
144$40.00$43.70—$195.0073.55%$24.10$25.801320
16413$37.60$40.20—$200.0074.02%$26.90$28.5048515
58789$33.40$35.80—$210.0074.46%$32.50$34.204582
233,408$29.70$31.6074.50%$220.00—$38.20$40.301470
1853$26.40$30.8077.76%$230.00—$45.00$47.801790
9833$23.60$26.0076.41%$240.00—$52.00$54.70550
892,771$20.90$22.5075.83%$250.00—$59.20$61.301,7992
210178$18.60$20.5076.66%$260.00—$66.30$68.901532
0203$16.60$19.9078.86%$270.00—$72.50$78.00490
2107$14.60$16.0076.66%$280.00—$80.20$85.40290

Forward $211.27. The 25-delta put carries -4.32 volatility points over the 25-delta call.

2027-03-19(175 days)ATM 80.02%±117.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$80.20$85.60—$140.0074.83%$8.80$11.703220
03$76.80$81.90—$145.0076.41%$10.60$14.00159
544$73.60$78.90—$150.0075.36%$12.30$14.801711
03$70.50$75.80—$155.0073.62%$13.90$15.30862
010$67.40$72.60—$160.0074.07%$15.80$17.401152
06$64.20$69.80—$165.0075.01%$17.30$20.60731
015$61.70$66.90—$170.0074.98%$19.80$22.201011
07$59.00$64.00—$175.0075.13%$22.00$24.50863
061$56.10$61.50—$180.0074.34%$24.40$25.9029625
015$54.00$59.10—$185.0075.98%$26.60$30.101710
58127$51.80$56.70—$190.0074.81%$29.10$31.401220
065$49.30$54.40—$195.0076.27%$31.80$35.401090
354469$47.60$48.80—$200.0075.24%$34.50$37.001673
492$42.90$45.20—$210.0075.97%$40.10$43.50371
371$38.30$42.7076.40%$220.00—$46.50$50.20820
233$36.20$38.2076.70%$230.00—$53.10$55.50220
280$33.20$37.3078.83%$240.00—$59.80$62.70130
1135$30.50$35.7080.14%$250.00—$66.90$70.80440
1129$28.10$32.6079.99%$260.00—$74.50$78.20340
1148$25.80$30.3080.24%$270.00—$82.00$85.80140
7202$23.60$27.0079.33%$280.00—$90.10$93.4080

Forward $212.30. 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.