Options Skew Analytics

CME 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 27.09%±11.52skew +0.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$40.00$43.90—$265.00—————
13$35.60$38.70—$270.00—————
05$30.20$33.90—$275.00—————
012$25.50$28.90—$280.00—————
40$23.00$26.50—$282.50—————
420$21.00$23.80—$285.00—————
039$16.60$18.30—$290.00—————
03$14.00$16.30—$292.50—————
135$12.20$14.30—$295.00—————
—————$297.5027.95%$1.20$1.5501
0105$8.70$9.40—$300.0027.10%$1.65$2.108135
011$6.90$7.60—$302.5027.04%$2.40$2.901471
315$5.30$6.00—$305.0026.81%$3.30$3.908118
810$3.90$4.8027.10%$307.50—$4.50$5.2015812
1155$2.85$3.4026.22%$310.00—$5.60$6.60140
15191$2.00$2.4525.98%$312.50—————
2844$1.35$1.8026.12%$315.00—$9.10$10.0010
—————$320.00—$13.00$15.2010

Forward $307.00. The 25-delta put carries +0.99 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 25.75%±15.50skew +1.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$45.60$49.00—$260.00—————
01$37.90$41.60—$267.50—————
1407$36.20$38.50—$270.00—————
01$30.50$34.20—$275.00—————
0239$26.00$29.30—$280.00—————
01$23.70$26.90—$282.50—————
02$21.50$24.60—$285.00—————
08$19.50$22.00—$287.50—————
1271$17.50$19.60—$290.00—————
38$15.50$17.30—$292.5027.63%$1.40$1.80760
033$12.90$15.90—$295.0027.34%$1.90$2.2560170
046$11.30$13.00—$297.5027.13%$2.35$3.00641
1348$10.30$10.90—$300.0026.69%$3.10$3.601581
06$8.60$9.60—$302.5026.66%$4.00$4.50130
345$7.00$7.80—$305.0026.42%$5.00$5.50523
225$5.60$6.5025.75%$307.50—$5.80$6.80905
19896$4.60$5.3025.87%$310.00—$7.50$8.10960
1627$3.50$4.2025.31%$312.50—$8.60$9.6070
177$2.75$3.4025.51%$315.00—$10.50$11.6002
10499$1.70$2.1025.88%$320.00—————
1028$1.00$1.5027.12%$325.00—————

Forward $307.25. The 25-delta put carries +1.25 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 24.21%±17.86skew +1.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$40.50$44.50—$265.00—————
02$35.60$39.50—$270.00—————
010$31.50$34.50—$275.00—————
05$26.50$29.80—$280.00—————
05$22.40$24.90—$285.00—————
38$17.90$20.50—$290.0026.81%$1.70$2.053110
013$14.90$15.70—$295.0026.11%$2.60$3.101030
018$11.40$12.30—$300.0025.58%$4.00$4.5040
092$8.20$8.90—$305.0024.64%$5.50$6.5040
031$5.60$6.3024.10%$310.00—$8.10$9.10100
050$3.70$4.4024.09%$315.00—————
0243$2.35$3.3024.85%$320.00—$14.80$16.1010
016$1.45$2.3525.35%$325.00—————

Forward $307.56. The 25-delta put carries +1.26 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 24.79%±21.12skew +1.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$41.00$44.90—$265.00—————
05$27.10$30.40—$280.00—————
01$22.90$25.80—$285.0026.64%$1.50$1.9020
01$18.80$21.60—$290.0026.23%$2.35$2.7553
115$16.10$17.50—$295.0025.77%$3.40$4.0030
011$12.50$14.00—$300.0025.42%$4.90$5.601310
03$9.40$10.60—$305.00—————
090$6.80$7.7024.69%$310.00—$9.30$10.0050
317$4.80$5.6024.44%$315.00—$12.30$13.5060
010$3.30$4.0024.40%$320.00—————
224$2.20$2.8524.52%$325.00—$18.70$21.5010

Forward $307.59. The 25-delta put carries +1.25 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 25.61%±24.34skew +2.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$290.0027.34%$3.00$4.60300
01$13.30$15.00—$300.0025.78%$6.00$7.20010
—————$305.0025.47%$8.00$9.40010
09$7.70$8.9025.81%$310.00—$10.60$12.30300
05$5.60$7.5026.40%$315.00—————
043$4.00$5.4025.69%$320.00—————
30$2.85$3.4024.63%$325.00—————

Forward $306.84. The 25-delta put carries +2.71 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 24.62%±25.65skew +2.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$165.10$169.40—$140.00—————
04$160.10$164.40—$145.00—————
03$125.40$129.70—$180.00—————
03$120.30$124.60—$185.00—————
052$110.30$114.80—$195.00—————
07$105.40$109.80—$200.00—————
022$95.50$99.90—$210.00—————
026$85.50$89.90—$220.00—————
0116$75.60$79.60—$230.00—————
0204$66.40$69.20—$240.00—————
1262$56.50$59.60—$250.00—————
0363$47.10$49.70—$260.00—————
0231$37.50$39.90—$270.00—————
0437$28.50$31.00—$280.0028.54%$2.00$3.10521
0474$21.10$22.50—$290.0026.31%$3.90$4.4012818
5918$14.00$14.90—$300.0025.41%$6.90$7.50821
6400$8.40$9.3024.52%$310.00—$11.20$12.101040
5291$4.80$5.4024.25%$320.00—$17.70$19.30770
1548$2.45$3.1024.30%$330.00—$24.70$27.1010
085$1.30$1.9525.40%$340.00—————

Forward $307.19. The 25-delta put carries +2.01 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 24.01%±32.41skew +2.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$130.30$134.70—$175.00—————
01$125.30$129.70—$180.00—————
07$120.30$124.80—$185.00—————
02$115.40$119.70—$190.00—————
010$110.40$114.80—$195.00—————
025$105.50$109.80—$200.00—————
02$95.50$99.80—$210.00—————
068$85.60$89.80—$220.00—————
0888$76.40$79.20—$230.00—————
0210$66.70$69.70—$240.00—————
1315$57.30$60.10—$250.00—————
01,218$47.50$50.70—$260.00—————
0344$39.50$41.40—$270.0027.36%$2.00$2.652591
10484$30.90$32.90—$280.0026.04%$3.40$4.0038086
1378$22.90$25.50—$290.0025.30%$5.70$6.3052743
9382$16.70$17.70—$300.0024.73%$9.10$9.6061081
0349$11.50$12.5024.01%$310.00—$13.20$14.301070
200633$7.40$8.1023.42%$320.00—$18.70$20.70300
3499$4.60$5.1023.28%$330.00—$26.10$28.40260
13353$2.75$3.1023.27%$340.00—$34.50$36.80100
0376$1.60$1.9023.50%$350.00—————

Forward $308.24. The 25-delta put carries +2.02 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 27.13%±50.14skew +3.44
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$116.70$120.70—$190.00—————
05$111.80$115.90—$195.00—————
081$97.10$101.00—$210.00—————
010$87.60$91.00—$220.00—————
047$78.10$81.40—$230.0031.32%$1.05$1.751911
047$68.90$72.10—$240.00—————
082$59.70$63.00—$250.0030.57%$2.80$4.102952
0114$50.80$54.40—$260.0029.86%$4.50$5.4042519
10327$43.30$44.80—$270.0028.91%$6.50$7.1063118
0297$34.60$38.10—$280.0028.67%$9.40$9.80388112
0248$28.70$31.00—$290.0028.36%$12.50$13.6056510
451,005$22.30$24.70—$300.0028.14%$16.10$18.506116
13340$17.00$19.0027.15%$310.00—$20.90$22.6047022
31637$13.20$14.2026.64%$320.00—$27.00$29.002121
115130$9.80$10.9026.44%$330.00—$33.20$36.5010
211114$6.40$7.7025.23%$340.00—$40.80$44.2010
7170$5.00$6.4026.30%$350.00—$49.10$52.5020
578$3.70$4.7026.39%$360.00—$57.90$61.2010
—————$380.00—$75.70$79.5020
—————$390.00—$85.00$89.0010
—————$420.00—$113.70$117.5020

Forward $306.19. The 25-delta put carries +3.44 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.