Options Skew Analytics

CHRW 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 36.18%±20.00skew +3.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$39.00$43.00—$85.00—————
01$34.70$37.30—$90.00—————
021$32.50$35.20—$92.50—————
0772$31.00$32.40—$95.00—————
0112$28.70$30.10—$97.50—————
0558$26.30$27.90—$100.00—————
0667$21.00$23.20—$105.0040.57%$1.30$1.851700
076$17.00$19.40—$110.0039.17%$2.10$2.70150
0618$13.00$15.60—$115.0038.12%$3.20$4.002700
2309$10.60$12.00—$120.0037.82%$5.00$5.701680
03,204$8.30$9.00—$125.0036.95%$7.00$7.908982
11,466$5.70$6.6035.56%$130.00—$10.10$10.601,1192
01,769$3.70$4.7034.49%$135.00—$13.30$13.906600
01,117$2.50$3.5035.00%$140.00—$16.30$18.502271
0235$1.50$2.3534.24%$145.00—$20.40$23.301300
0165$1.30$1.7536.29%$150.00—$24.90$27.501740
—————$155.00—$29.20$32.003000
—————$160.00—$34.00$36.401740
—————$165.00—$38.70$41.30250
—————$170.00—$42.50$46.802100
—————$175.00—$48.00$51.70130

Forward $126.21. The 25-delta put carries +3.12 volatility points over the 25-delta call.

2027-02-19(105 days)ATM 39.83%±26.98skew +4.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$39.70$43.20—$85.00—————
03$27.20$29.50—$100.0044.19%$1.90$2.604090
03$22.70$25.80—$105.0043.03%$2.70$3.6080
03$19.50$21.90—$110.0042.62%$4.00$4.9090
03$16.20$18.30—$115.0041.24%$5.20$6.50290
03$12.70$15.20—$120.0041.24%$7.30$8.502330
38$10.20$12.40—$125.0040.22%$9.30$10.80170
0154$8.30$9.7039.74%$130.00—$12.30$13.50820
010$5.90$7.9038.70%$135.00—$14.80$17.30870
012$5.20$6.2039.91%$140.00—$18.30$20.9020
0223$3.20$4.9038.12%$145.00—$21.90$24.30150
012$2.40$3.9038.42%$150.00—$26.00$28.8070
—————$155.00—$30.30$32.9050
—————$160.00—$34.70$37.7050
—————$170.00—$43.80$47.1030
—————$180.00—$52.50$56.7060

Forward $126.27. The 25-delta put carries +4.20 volatility points over the 25-delta call.

2027-04-16(161 days)ATM 38.64%±32.46skew +4.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$49.90$52.70—$75.00—————
—————$95.0042.36%$1.90$2.9580
—————$100.0041.68%$2.70$4.0030
—————$105.0040.99%$3.80$5.2020
—————$110.0041.25%$5.80$6.50260
—————$115.0039.90%$6.80$8.5010
013$15.30$17.10—$120.0039.03%$8.90$10.20240
—————$125.0037.91%$10.70$12.60470
04$10.40$12.0038.63%$130.00—$13.70$15.60100
010$8.70$10.0038.66%$135.00—$16.50$18.70590
06$6.80$8.3038.02%$140.00—$19.70$22.20450
014$5.30$6.9037.69%$145.00—$23.40$25.00380
024$4.10$5.7037.44%$150.00—————
5327$3.40$4.3036.99%$155.00—$31.30$34.2050
023$2.80$3.9038.11%$160.00—$35.60$37.9020
01$2.00$3.2037.63%$165.00—————
—————$170.00—$44.30$47.4050

Forward $126.49. The 25-delta put carries +4.25 volatility points over the 25-delta call.

2027-05-21(196 days)ATM 39.93%±37.27skew +4.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$33.20$36.10—$95.0044.13%$2.75$4.1040
02$30.00$32.40—$100.0043.66%$3.80$5.3050
01$26.50$28.80—$105.0042.82%$4.90$6.7010
—————$115.0042.05%$8.30$10.20190
—————$120.0041.66%$10.30$12.40180
01$14.80$17.00—$125.0040.97%$12.60$14.60160
112$12.60$14.3040.14%$130.00—————
02$8.80$10.6039.64%$140.00—$21.20$24.2040
01$7.30$9.1039.51%$145.00—————
09$6.10$7.7039.39%$150.00—————
—————$155.00—$32.10$34.8010
01$3.80$5.6038.73%$160.00—————
0101$3.20$4.8039.01%$165.00—————

Forward $127.35. The 25-delta put carries +4.09 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.