Options Skew Analytics

CHWY option chain

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

Data as of 6 November 2026 (end of day)

2026-11-13(7 days)ATM 50.31%±1.57skew +0.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$5.75$7.90—$15.50—————
01$5.25$7.85—$16.00—————
20$4.75$6.90—$16.50—————
23$4.25$6.45—$17.00—————
09$4.55$5.90—$17.50—————
1017$4.35$4.70—$18.00—————
15$3.85$4.15—$18.50—————
410$3.35$3.90—$19.00—————
739$2.92$3.25—$19.50—————
657$2.45$2.79—$20.00—————
16100$2.00$2.26—$20.50—————
50121$1.56$1.90—$21.0054.89%$0.13$0.194811
1861$1.23$1.32—$21.5052.66%$0.22$0.2939114
16210$0.87$0.98—$22.0051.37%$0.36$0.454928
272188$0.58$0.69—$22.5050.30%$0.56$0.672510
215295$0.40$0.4550.65%$23.00—$0.85$0.951,18620
158176$0.24$0.3251.72%$23.50—$1.19$1.29130
54295$0.14$0.2051.66%$24.00—$1.55$1.9054
17156$0.08$0.1352.65%$24.50—$1.98$2.24012
5258$0.05$0.0752.88%$25.00—$2.30$3.3502
315$0.01$0.0462.69%$26.50—————

Forward $22.52. The 25-delta put carries +0.94 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 50.80%±2.24skew +2.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0104$12.05$13.55—$10.00—————
03$9.55$10.60—$12.50—————
08$7.00$7.75—$15.00—————
0844$4.40$6.10—$17.50—————
02$4.05$5.60—$18.0062.03%$0.01$0.05405
26$3.80$4.80—$18.5057.19%$0.01$0.06686
08$3.15$4.55—$19.00—————
032$2.69$4.15—$19.50—————
133,030$2.59$2.87—$20.0056.55%$0.14$0.192,27060
217$2.23$2.38—$20.50—————
1372$1.82$1.93—$21.0053.94%$0.30$0.3845188
670$1.46$1.57—$21.5053.18%$0.44$0.524157
762,687$1.13$1.25—$22.0051.93%$0.58$0.7283110
1253,934$0.89$0.98—$22.5051.49%$0.81$0.9471022
14149$0.59$0.7649.38%$23.00—$1.09$1.203915
21271$0.46$0.5750.57%$23.50—$1.41$1.5244015
13293$0.34$0.4050.40%$24.00—$1.79$1.87176
5133$0.24$0.3051.08%$24.50—————
266,812$0.18$0.2252.19%$25.00—$2.40$3.251071
—————$27.50—$4.80$5.95650

Forward $22.56. The 25-delta put carries +2.87 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 47.88%±2.59skew -0.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$20.0052.36%$0.21$0.27539
052$2.13$2.69—$20.5050.94%$0.27$0.38241
9122$1.92$2.07—$21.0049.89%$0.37$0.51194
022$1.56$1.73—$21.5050.15%$0.55$0.67131
27223$1.30$1.42—$22.0049.34%$0.72$0.872592
45174$0.98$1.16—$22.5048.49%$0.93$1.1060
0151$0.72$0.9247.24%$23.00—————
156$0.61$0.7148.51%$23.50—$1.53$1.6820
3103$0.44$0.5748.44%$24.00—$1.84$2.0210
1158$0.27$0.3550.15%$25.00—————
1252$0.15$0.2452.34%$26.00—————

Forward $22.56. The 25-delta put carries -0.26 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 60.38%±4.63skew +0.59
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$11.80$13.50—$10.00—————
026$9.30$10.60—$12.5082.97%$0.01$0.051520
3102$7.50$7.75—$15.00—————
14926$5.30$5.50—$17.5064.22%$0.23$0.287,9844
95,041$3.25$3.55—$20.0059.53%$0.64$0.793,36332
1703,282$1.85$1.90—$22.5060.35%$1.73$1.842,554342
1504,292$0.91$1.0260.43%$25.00—$3.20$3.652,5902
731,361$0.41$0.4458.94%$27.50—$5.10$5.752710
14,231$0.16$0.2159.21%$30.00—$7.35$8.1010
17373$0.07$0.1060.58%$32.50—————
—————$35.00—$12.20$13.0510

Forward $22.59. The 25-delta put carries +0.59 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 55.07%±5.48skew +3.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$14.40$15.65—$7.50—————
027$11.90$12.95—$10.00—————
058$9.55$10.45—$12.5068.95%$0.03$0.064,65952
0109$7.30$8.00—$15.0062.45%$0.11$0.173,981182
21,095$5.45$5.80—$17.5058.96%$0.40$0.432,334128
82,590$3.55$3.90—$20.0056.89%$1.00$1.046,2089
82,952$2.13$2.46—$22.5055.92%$2.04$2.122,126272
624,651$1.24$1.2953.75%$25.00—$3.55$3.702,1980
521,960$0.63$0.7453.77%$27.50—$5.30$6.005970
55,503$0.31$0.4254.26%$30.00—$7.35$8.15330
0867$0.14$0.2153.67%$32.50—$9.80$10.60200
63,683$0.08$0.1054.27%$35.00—————
6876$0.04$0.0655.47%$37.50—————
95,103$0.01$0.0354.14%$40.00—$17.35$17.65250
—————$42.50—$19.85$20.15250

Forward $22.72. The 25-delta put carries +3.12 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 51.96%±7.17skew +6.00
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
028$12.05$13.70—$10.00—————
0530$9.75$10.65—$12.50—————
0177$7.60$8.35—$15.0057.92%$0.28$0.421,0071
0825$5.55$6.30—$17.5055.52%$0.74$0.841,8466
321,475$4.20$4.55—$20.0055.59%$1.49$1.7560548
361,469$2.94$3.15—$22.5053.41%$2.59$2.7856587
1221,331$1.85$2.0751.15%$25.00—$4.00$4.2525111
5612$1.03$1.4049.76%$27.50—$5.70$6.153440
2682$0.65$0.8749.59%$30.00—$7.70$8.15280
—————$32.50—$9.95$10.7040

Forward $22.87. The 25-delta put carries +6.00 volatility points over the 25-delta call.

2027-04-16(161 days)ATM 52.86%±8.05skew +2.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
022$9.95$10.85—$12.50—————
25$7.75$8.50—$15.0057.63%$0.40$0.532143
057$5.90$6.55—$17.5056.37%$0.94$1.071442
101,342$4.55$4.85—$20.0053.89%$1.62$1.921,65111
2459$3.20$3.55—$22.5053.83%$2.87$3.05262221
40390$2.30$2.3852.58%$25.00—$4.35$4.552157
132385$1.54$1.6752.07%$27.50—$6.05$6.401610
11,888$0.97$1.1851.51%$30.00—$8.00$8.552130
1582$0.65$0.7951.33%$32.50—$10.10$10.8030
1277$0.46$0.5151.38%$35.00—————

Forward $22.92. 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.