Options Skew Analytics

CF option chain

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

Data as of 22 September 2026 (end of day)

2026-09-25(3 days)ATM 52.30%±5.74skew +0.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12$10.40$12.80—$110.00—————
11$9.40$11.80—$111.00—————
21$8.30$10.90—$112.00—————
10$7.10$9.50—$113.00—————
11$6.50$9.00—$114.00—————
01$5.60$7.70—$115.00—————
04$3.80$6.30—$117.0053.06%$0.65$1.007913
03$3.30$5.00—$118.0052.25%$0.85$1.30170
—————$119.0052.50%$1.20$1.65851
8122$2.35$3.60—$120.0052.33%$1.60$2.0516555
51$2.05$2.5052.30%$121.00—$2.05$2.556638
61$1.60$2.0552.39%$122.00—$2.30$3.50363
1855$1.20$1.6552.08%$123.00—————
323$0.95$1.3052.66%$124.00—————
1114$0.70$1.0052.40%$125.00—————
2612$0.50$0.8052.82%$126.00—$3.90$6.30150
—————$127.00—$5.40$7.30704
121$0.30$0.5055.03%$128.00—$5.60$8.10590
—————$129.00—$6.60$9.10490
—————$130.00—$7.40$10.001255
—————$131.00—$8.60$11.1020

Forward $120.97. The 25-delta put carries +0.66 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 45.47%±9.10skew -0.98
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$10.60$13.30—$110.00—————
01$9.00$11.50—$112.00—————
—————$113.0044.45%$0.70$0.9520
01$7.50$9.90—$114.00—————
—————$115.0044.15%$1.10$1.404102
—————$116.0043.38%$1.30$1.653102
—————$117.0043.19%$1.50$2.0530
02$4.70$6.70—$118.0045.47%$1.95$2.6531
41$3.80$6.10—$119.0046.35%$2.35$3.2031
31$3.60$5.10—$120.0045.37%$2.80$3.50130
75$3.30$3.9045.44%$121.00—$3.20$4.1026
103$2.80$3.5045.57%$122.00—$3.80$4.30783
—————$123.00—$3.40$5.20150
41$2.10$2.7546.47%$124.00—$4.10$6.00486
90$1.75$2.1544.63%$125.00—$4.70$6.50262
307$1.45$1.8544.56%$126.00—$5.30$7.2010
05$1.25$1.7045.84%$127.00—$5.70$8.0051
53$1.05$1.3545.13%$128.00—$6.60$9.1060
—————$129.00—$7.50$9.9040
745$0.75$1.0045.97%$130.00—$8.20$10.80232
—————$131.00—$9.00$11.50590

Forward $120.95. The 25-delta put carries -0.98 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 45.00%±11.77skew +0.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$113.0045.66%$1.30$1.9530
—————$114.0045.12%$1.45$2.2540
—————$115.0045.16%$1.80$2.505105
—————$116.0043.48%$2.10$2.5561
—————$117.0044.73%$2.40$3.2040
—————$118.0044.80%$2.80$3.6021
—————$119.0044.53%$3.20$4.0040
21$4.40$6.10—$120.0044.41%$3.60$4.50270
—————$121.0044.45%$4.10$5.0070
03$3.80$4.8045.13%$122.00—$4.60$5.7090
—————$123.00—$4.60$6.20710
127$3.10$3.6044.02%$124.00—$4.80$6.90670
02$2.75$3.2043.95%$125.00—$5.40$7.60320
4525$2.40$2.8543.81%$126.00—————
01$2.15$2.5043.88%$127.00—$6.90$8.50100
01$1.75$2.6045.30%$128.00—$7.40$9.5024
02$1.60$2.3545.95%$129.00—————
012$1.45$1.7544.25%$130.00—$9.30$11.20230
41$1.20$1.5543.98%$131.00—————
11$1.05$1.4044.41%$132.00—————
013$0.90$1.2044.23%$133.00—$11.20$13.8010

Forward $121.15. The 25-delta put carries +0.87 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 44.24%±13.76skew +0.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$105.0045.36%$0.55$0.801370
0103$11.80$14.20—$110.0043.86%$1.25$1.5065530
140$8.00$10.50—$115.0043.62%$2.55$2.852,10317
—————$117.0044.23%$3.20$3.8060
—————$118.0043.72%$3.60$4.1022
—————$119.0045.06%$4.00$4.9020
42198$5.20$7.10—$120.0044.89%$4.50$5.301,08587
1101$4.60$5.7044.28%$122.00—$5.30$6.4020
11019$4.10$5.2043.81%$123.00—————
17334$3.40$4.2043.38%$125.00—$6.20$8.001,24925
301$3.10$4.2045.13%$126.00—————
11$2.85$3.3043.08%$127.00—$7.30$9.4010
018$2.60$2.9543.13%$128.00—————
04$2.30$2.6542.96%$129.00—————
75230$2.10$2.4043.27%$130.00—$9.50$11.7022916
11$1.85$2.1543.14%$131.00—————
30$1.65$1.9543.30%$132.00—————
20$1.45$1.7543.26%$133.00—————
350$1.25$2.0545.84%$134.00—————
6526$1.15$1.4543.75%$135.00—$13.40$15.902644
07$1.00$1.5044.99%$136.00—————

Forward $121.30. The 25-delta put carries +0.32 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 44.45%±15.74skew -1.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$112.0043.58%$1.75$2.9020
—————$113.0044.73%$2.10$3.4010
—————$114.0045.16%$2.45$3.8050
—————$115.0044.17%$3.00$3.70101
—————$116.0044.79%$3.40$4.2030
—————$117.0043.68%$3.50$4.6030
—————$118.0045.39%$4.10$5.3031
1010$6.70$8.80—$119.0043.57%$4.30$5.5013
02$5.90$8.20—$120.0044.85%$5.10$6.0061
—————$121.0044.50%$5.40$6.6010
—————$123.00—$6.20$7.8010
—————$124.00—$6.50$8.3030
010$4.10$5.4044.43%$125.00—$6.90$8.9050
—————$126.00—$7.40$9.7010
02$3.40$4.7044.63%$127.00—$8.10$10.4010
—————$129.00—$9.40$11.7030
1054$2.55$3.7044.66%$130.00—$10.10$12.5050
05$2.10$3.4045.85%$132.00—$11.40$14.5050
—————$134.00—$12.90$15.6010
125$1.55$2.5545.48%$135.00—$13.80$16.40100
—————$137.00—$15.30$18.0010

Forward $121.51. The 25-delta put carries -1.89 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 45.01%±17.69skew +1.50
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$105.0046.44%$1.10$1.7558
—————$110.0045.65%$2.10$2.801512
110$9.30$11.90—$115.0043.89%$3.50$4.10320
—————$120.0045.02%$5.60$6.60162
10$6.30$8.40—$121.00—————
—————$122.00—$6.70$8.0010
—————$123.00—$7.10$8.5060
—————$124.00—$7.70$9.0060
—————$125.00—$7.40$9.5010
03$4.40$6.1044.97%$126.00—————
—————$128.00—$9.00$11.5010
20$3.40$4.7043.92%$129.00—$10.10$12.2010
10$3.10$4.5044.31%$130.00—$10.70$13.0050
10$2.85$4.1044.06%$131.00—————
10$2.60$3.9044.39%$132.00—————
10$2.40$3.6044.42%$133.00—$12.70$15.3010
26$1.95$3.2044.69%$135.00—————
40$1.80$2.8044.15%$136.00—$14.90$17.8010
30$1.65$2.6544.50%$137.00—————
21$1.25$2.0544.51%$140.00—————

Forward $121.83. The 25-delta put carries +1.50 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 45.23%±22.06skew -0.47
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$54.30$58.30—$65.00—————
02$44.50$48.40—$75.00—————
01$39.60$43.50—$80.00—————
06$36.10$38.50—$85.00—————
02$30.70$33.80—$90.00—————
03$26.50$29.30—$95.00—————
05$22.30$24.80—$100.0046.79%$1.50$1.756914
092$18.10$20.60—$105.0045.26%$2.35$2.604521,238
012$14.60$16.30—$110.0045.36%$3.70$4.101,77532
3198$11.20$13.40—$115.0045.04%$5.50$5.90684
81,121$9.10$9.60—$120.0045.23%$7.80$8.30843
3133$6.90$7.4045.23%$125.00—$10.30$11.401265
50278$5.20$5.6045.38%$130.00—$12.80$14.901490
21,249$3.80$4.2045.42%$135.00—$16.00$18.70792
66203$2.75$3.2045.83%$140.00—$19.90$22.301241
4557$2.00$2.3546.08%$145.00—$24.20$26.60100
11,806$1.30$2.1047.41%$150.00—$28.50$31.0060
—————$155.00—$33.10$35.50250
—————$165.00—$42.40$45.8010

Forward $121.31. The 25-delta put carries -0.47 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 45.46%±26.99skew +0.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$40.80$43.00—$80.00—————
01$38.70$41.10—$82.50—————
02$35.60$38.70—$85.00—————
013$33.40$36.40—$87.50—————
093$31.50$34.20—$90.00—————
07$29.30$32.00—$92.50—————
09$27.40$30.00—$95.0046.14%$1.40$1.90491
014$25.20$28.00—$97.5047.56%$1.80$2.75140
079$23.20$25.70—$100.0045.06%$2.30$2.60335
030$19.40$22.10—$105.0044.77%$3.50$3.807948
0202$15.90$18.30—$110.0044.48%$5.00$5.401615
062$13.00$15.10—$115.0044.31%$6.90$7.40300
33100$10.90$11.40—$120.0044.42%$9.30$9.80420
11156$8.40$10.0045.48%$125.00—$11.80$13.00942
54254$6.80$7.3044.17%$130.00—$14.20$16.30250
8203$5.50$5.8044.71%$135.00—$17.60$19.90120
0153$3.90$5.0044.93%$140.00—$21.20$23.60120
1257$3.10$3.5044.14%$145.00—$25.10$27.70160
43826$2.40$2.7044.35%$150.00—$29.30$31.7050
161,221$1.85$2.1544.82%$155.00—$33.60$36.2030
30293$1.30$1.9045.54%$160.00—————

Forward $121.62. The 25-delta put carries +0.62 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.