Options Skew Analytics

CLS option chain

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

Data as of 9 November 2026 (end of day)

2026-11-13(4 days)ATM 107.07%±24.70skew +12.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$25.60$30.70—$195.00117.70%$1.90$2.406923
03$23.40$28.30—$197.50114.27%$2.10$2.755710
095$21.70$25.60—$200.00115.83%$2.70$3.409461
718$19.90$23.30—$202.50112.71%$3.10$3.8082
127$18.70$20.70—$205.00111.62%$3.70$4.4088147
323$17.10$18.50—$207.50110.17%$4.20$5.20631
287$14.00$19.30—$210.00108.35%$5.00$5.806940
325$13.50$14.90—$212.50106.15%$5.80$6.501419
2532$12.10$13.10—$215.00110.31%$6.80$8.30306
3133$10.50$12.30—$217.50107.07%$7.60$9.201312
58348$9.30$10.60—$220.00106.11%$9.00$10.106914
511$8.10$9.70107.30%$222.50—$9.80$11.6040
198$6.80$8.80106.87%$225.00—$11.60$13.10346
765$5.80$7.30103.68%$227.50—$12.20$15.20310
7730$5.10$5.70100.39%$230.00—$14.70$16.10942
228$4.20$5.30101.74%$232.50—$15.40$18.50241
3778$3.50$4.90103.39%$235.00—$18.20$19.505813
4012$2.90$3.7099.47%$237.50—$18.00$22.90180
114341$2.40$3.30100.42%$240.00—$21.20$23.601445
5427$2.00$2.6098.88%$242.50—$22.70$26.8070
44417$1.70$2.2599.86%$245.00—$25.00$29.001542

Forward $220.40. The 25-delta put carries +12.15 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 92.55%±35.52skew +12.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$31.20$36.20—$192.50—————
022$29.30$34.10—$195.00102.43%$4.70$5.7013128
0—$27.30$31.50—$197.50103.70%$5.20$6.90—10
2580$26.00$28.60—$200.00101.53%$6.00$7.1051139
0—$23.60$26.00—$202.50102.93%$6.60$8.50—16
0—$22.10$27.20—$205.00101.51%$7.40$9.10—74
40—$20.50$24.40—$207.5098.99%$8.20$9.50—1
3207$19.70$21.20—$210.0098.26%$9.10$10.40797152
0—$17.80$21.70—$212.50102.60%$10.10$12.80—1
1—$16.80$19.00—$215.0099.24%$11.50$12.70—14
3—$15.40$17.00—$217.5097.87%$12.30$13.90—5
261951$14.00$16.30—$220.0095.77%$13.30$14.8051435
0—$12.80$14.7094.21%$222.50—$13.80$16.00—0
12—$11.30$13.3091.89%$225.00—$15.90$18.80—1
0—$10.50$15.00101.58%$227.50—$17.30$19.20—5
2576$9.60$11.1092.14%$230.00—$18.90$20.8073716
1—$8.70$10.2092.12%$232.50—$18.50$23.20—0
49—$7.70$9.3091.33%$235.00—$21.60$23.90—2
72142$6.40$7.4090.53%$240.00—$25.00$27.6037316
2—$5.00$6.2090.24%$245.00—$27.90$31.00—0
161147$4.20$4.7089.49%$250.00—$32.30$35.9086715

Forward $221.10. The 25-delta put carries +12.03 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 83.39%±40.98skew +12.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$32.70$38.00—$192.50—————
05$31.40$36.10—$195.0092.97%$6.50$7.60262
0—$29.00$34.40—$197.5092.41%$7.00$8.50—2
12$28.40$30.10—$200.0091.86%$7.90$9.10933
2—$26.40$29.90—$202.5096.89%$8.50$12.00—2
020$24.90$27.90—$205.0092.18%$9.40$11.40770
0—$22.60$25.90—$207.5089.34%$9.90$11.90—0
36$22.00$23.80—$210.0089.31%$11.30$12.602757
0—$19.90$24.70—$212.5090.58%$12.00$14.60—0
—————$215.0087.02%$12.90$14.70572
0—$17.40$19.70—$217.5086.63%$14.20$15.70—0
03$16.80$18.50—$220.0087.23%$15.80$16.90461
3—$14.90$16.3082.64%$222.50—$16.00$18.60—21
82$14.20$15.1083.39%$225.00—$18.30$20.20635
0—$13.10$14.1083.33%$227.50—$19.40$23.30—0
213$12.00$13.0082.71%$230.00—$20.90$22.801330
0—$10.60$12.0081.28%$232.50—$21.10$24.50—1
06$10.10$11.3082.68%$235.00—$23.90$26.60530
1426$8.80$9.4082.58%$240.00—$27.40$29.405615
26$7.10$7.8081.07%$245.00—$30.60$32.801291
2021$5.60$6.5079.79%$250.00—$34.20$36.501053

Forward $221.30. The 25-delta put carries +12.62 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 84.62%±49.01skew +6.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$53.80$57.20—$170.00—————
220$49.00$52.70—$175.0096.95%$3.90$5.6043
210$45.00$49.30—$180.00—————
—————$185.0091.94%$5.90$6.90222
244$36.70$41.80—$190.0090.66%$7.10$8.10529
231$33.60$35.90—$195.0089.35%$8.30$9.60642
—————$200.0088.98%$10.10$11.20541
26$26.40$31.60—$205.0087.67%$11.70$13.001070
61$24.50$26.70—$210.0088.29%$13.60$15.70320
1016$21.90$23.90—$215.0086.18%$15.90$17.205948
021$19.30$21.50—$220.0086.12%$18.50$19.70230
16$17.00$18.9085.13%$225.00—$21.00$22.70221
16$14.80$16.5083.95%$230.00—$23.40$26.30508
34$12.80$14.9084.13%$235.00—$26.50$28.20910
76$11.00$13.3083.96%$240.00—$29.70$32.10541
07$9.50$11.5083.24%$245.00—$32.60$35.30143
310$8.40$9.2081.46%$250.00—$36.60$39.501223
611$7.00$7.9080.53%$255.00—$40.20$42.90453
127$5.90$7.9083.06%$260.00—$44.00$46.50258
117$5.00$5.8079.79%$265.00—$47.70$51.80149
075$4.30$5.6081.80%$270.00—$52.40$55.001171

Forward $221.30. The 25-delta put carries +6.29 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 85.96%±56.08skew +8.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$175.0089.65%$5.10$5.9086
—————$180.0090.32%$6.00$7.70112
—————$185.0089.71%$7.20$9.1062
06$38.50$42.80—$190.0088.82%$8.60$10.5092
05$35.50$38.10—$195.0086.98%$9.80$12.0071
08$32.70$35.10—$200.0086.49%$11.80$13.601912
05$28.80$32.20—$205.0086.31%$12.80$16.70531
04$26.20$28.70—$210.0084.38%$15.10$18.00153
14$24.10$26.80—$215.0085.76%$17.90$20.80841
02$21.30$23.60—$220.0086.18%$20.00$24.201584
140$18.80$20.7084.11%$225.00—$22.90$25.60960
8230$16.80$20.5087.56%$230.00—$25.80$29.10996
23$15.00$16.4083.23%$235.00—$28.40$30.90690
20$12.90$17.0086.85%$240.00—$30.20$33.80133
01$11.50$13.8083.77%$245.00—$34.80$37.30160
0136$9.80$14.6087.61%$250.00—$37.50$41.50370
510$8.70$10.0080.86%$255.00—$42.00$45.2090
03$7.30$8.7079.72%$260.00—$45.30$48.402623
14$6.40$7.7079.83%$265.00—$48.30$52.30113
533$6.10$6.7080.93%$270.00—$52.50$56.806013
—————$275.00—$57.10$60.70180

Forward $220.35. The 25-delta put carries +8.99 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 82.27%±59.68skew +8.56
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$76.30$81.00—$145.0096.62%$1.80$2.801712
125$72.70$75.40—$150.0093.90%$2.40$2.901526
018$68.40$71.30—$155.0094.23%$3.00$3.80813
040$63.80$67.50—$160.0093.20%$3.70$4.5021512
05$60.00$62.90—$165.0092.17%$4.40$5.4010630
011$56.10$58.90—$170.0089.29%$5.10$5.9014940
56$51.10$55.50—$175.0088.86%$6.20$7.0022114
011$47.80$50.50—$180.0087.71%$7.20$8.20159296
014$43.20$48.70—$185.0086.92%$8.50$9.507,07977
06$40.50$43.60—$190.0086.37%$9.90$11.1023234
059$37.30$40.00—$195.0085.60%$11.50$12.70898
77120$34.10$37.00—$200.0084.83%$13.20$14.5050439
36164$28.70$31.20—$210.0083.56%$17.30$18.5035314
34151$23.60$25.70—$220.0082.82%$22.00$23.5057225
139111$19.30$21.2082.28%$230.00—$27.20$29.80342106
1993$15.20$17.0080.44%$240.00—$33.80$35.403043
5292,145$12.40$13.7080.43%$250.00—$40.40$42.405196
13888$9.60$10.7079.02%$260.00—$47.60$50.404572
218420$7.50$8.1077.81%$270.00—$55.40$57.603704
57176$5.90$6.5078.07%$280.00—$63.60$66.6032077
18248$4.40$5.1077.46%$290.00—$71.60$75.2023517

Forward $221.91. The 25-delta put carries +8.56 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 80.16%±62.44skew +12.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$56.70$60.80—$170.0090.50%$5.70$8.0014
—————$175.0089.23%$6.90$8.9007
—————$180.0087.91%$8.00$10.10127
026$44.60$50.00—$185.0091.83%$9.00$14.10021
—————$195.0086.79%$12.00$15.9010
30$35.30$38.10—$200.0083.91%$13.80$16.60310
01$32.70$35.60—$205.0083.33%$15.60$18.80245
11$29.20$32.90—$210.0082.05%$18.10$20.2095
02$26.70$31.70—$215.0082.46%$19.90$23.6021
03$24.90$27.50—$220.0082.33%$22.50$26.20120
100$21.50$26.1081.63%$225.00—$25.90$28.8023
25$20.10$22.5080.12%$230.00—$28.30$31.5041
—————$235.00—$31.40$35.3082
12$16.30$20.3082.18%$240.00—$34.00$37.3020
110$13.00$17.2081.90%$250.00—$41.30$44.30150
02$10.30$14.7077.67%$255.00—$42.50$48.0011
10$10.40$14.2081.33%$260.00—$48.50$51.4001
—————$265.00—$52.60$55.2020
12$8.20$11.1079.68%$270.00—$55.10$60.3010
03$7.00$10.0078.89%$275.00—$60.20$63.40010
13$6.60$8.2077.88%$280.00—$64.50$67.3010

Forward $221.86. The 25-delta put carries +12.94 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 77.34%±73.78skew +5.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0139$75.60$79.50—$150.0088.35%$4.60$5.801090
024$71.20$74.60—$155.0087.65%$5.40$6.80240
069$66.70$70.60—$160.0085.77%$6.20$7.503340
050$62.70$68.00—$165.0084.49%$7.40$8.20510
0180$60.10$63.20—$170.0083.47%$8.30$9.501501
044$56.20$59.60—$175.0082.82%$9.50$10.904600
693$52.70$55.60—$180.0082.46%$11.20$12.2030311
047$49.00$52.60—$185.0081.67%$12.60$13.80881
153$45.90$48.50—$190.0080.97%$14.30$15.4029710
479$42.40$45.80—$195.0080.51%$16.10$17.301061
1220$39.60$42.30—$200.0079.81%$17.90$19.303232
3273$34.60$37.00—$210.0079.16%$22.40$23.704212
13151$29.10$32.00—$220.0078.16%$27.20$28.6045143
29206$25.20$27.3077.84%$230.00—$33.00$34.2053420
3189$21.30$23.1076.88%$240.00—$38.50$41.0028611
25717$18.00$19.7076.54%$250.00—$45.20$47.8096722
261,317$15.10$16.4075.70%$260.00—$52.30$55.4023436
18357$12.80$14.2076.16%$270.00—$59.90$62.104572
5325$10.60$11.8075.47%$280.00—$67.70$70.102752
12469$9.00$10.0075.68%$290.00—$75.90$78.704942
85547$7.30$8.0074.45%$300.00—$83.50$86.5063719

Forward $222.67. The 25-delta put carries +5.99 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.