Options Skew Analytics

CHRW option chain

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

Data as of 22 September 2026 (end of day)

2026-11-20(59 days)ATM 41.89%±25.29skew +4.74
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$48.30$51.70—$100.00—————
08$38.70$42.10—$110.00—————
013$34.40$37.00—$115.00—————
07$29.90$32.20—$120.0047.24%$1.15$1.80121
03$25.60$28.30—$125.0044.46%$1.75$2.10920
013$21.50$23.90—$130.0044.35%$2.55$3.30393
020$17.90$19.80—$135.0044.25%$3.70$4.809764
0126$14.40$16.40—$140.0043.06%$5.20$6.20640
0503$11.40$13.60—$145.0042.37%$7.10$8.101575
4428$9.80$10.50—$150.0042.18%$9.40$10.60506
3104$7.60$8.1041.49%$155.00—$12.00$13.501250
273$5.80$6.2041.14%$160.00—$15.10$16.60360
0406$3.70$4.6039.15%$165.00—$17.90$20.40510
0647$2.65$3.6039.51%$170.00—$21.80$24.70540
1756$2.00$2.7039.96%$175.00—$26.50$28.50120
—————$180.00—$30.40$33.40300
—————$185.00—$35.00$37.7020
—————$190.00—$39.70$42.60510
—————$195.00—$44.40$47.00190
—————$200.00—$49.30$52.8070
—————$210.00—$59.80$62.8010

Forward $150.15. The 25-delta put carries +4.74 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 37.75%±31.77skew +1.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0552$50.10$52.10—$100.00—————
0667$44.10$47.80—$105.00—————
096$39.50$43.20—$110.00—————
0668$35.60$38.10—$115.0042.11%$1.60$2.40840
0277$31.10$34.00—$120.0041.75%$2.35$3.301090
02,126$27.30$29.50—$125.0039.46%$3.00$3.907980
2672$23.60$26.00—$130.0039.39%$4.30$5.209830
01,908$20.40$22.00—$135.0038.62%$5.70$6.605710
01,122$17.80$19.20—$140.0039.11%$7.40$9.001160
084$14.10$16.30—$145.0037.62%$9.40$10.501250
3107$11.90$13.2038.01%$150.00—$11.80$13.401390
0190$9.40$11.2037.57%$155.00—$14.20$16.203000
01,224$7.40$9.3037.16%$160.00—$17.30$19.001760
0246$5.80$7.7036.97%$165.00—$19.70$22.50250
02,530$5.30$6.6038.65%$170.00—$24.00$26.102120
0246$4.20$5.4038.51%$175.00—$27.40$30.20130
0392$3.30$4.3038.21%$180.00—$31.70$34.40230
1521$2.55$3.1037.24%$185.00—$36.20$39.001080
—————$190.00—$40.60$43.40450
—————$195.00—$45.10$48.20130
—————$200.00—$49.90$53.0050

Forward $149.95. The 25-delta put carries +1.17 volatility points over the 25-delta call.

2027-02-19(150 days)ATM 38.81%±37.51skew +2.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$45.00$48.90—$105.00—————
03$40.90$43.90—$110.00—————
03$37.00$40.00—$115.00—————
03$32.60$35.70—$120.0042.60%$3.10$5.0010
—————$130.0040.87%$5.10$7.70100
01$21.80$24.90—$135.0040.68%$6.80$9.4020
—————$140.0039.89%$8.40$11.3010
0200$16.10$19.10—$145.0040.09%$10.90$13.5060
04$13.70$16.70—$150.0039.32%$12.90$16.0020
046$11.60$14.2038.85%$155.00—$15.90$18.7040
054$9.70$12.1038.53%$160.00—$18.50$21.9040
06$8.00$10.4038.38%$165.00—————
01$6.50$9.1038.46%$170.00—$25.30$28.1030
0419$5.20$7.6037.98%$175.00—————
0572$4.30$6.5038.15%$180.00—$33.00$36.0050
057$3.50$5.7038.49%$185.00—————
—————$190.00—$41.10$44.10510

Forward $150.76. The 25-delta put carries +2.38 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.