Options Skew Analytics

CRWD option chain

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

Data as of 22 September 2026 (end of day)

2026-09-25(3 days)ATM 59.91%±13.55skew -1.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
27371$23.35$25.10—$225.0067.34%$0.23$0.311,199182
44129$21.90$22.70—$227.5065.03%$0.32$0.39491190
64448$19.70$20.35—$230.0063.43%$0.45$0.531,9651,046
3220$17.35$18.10—$232.5062.02%$0.63$0.73603846
69510$14.35$15.80—$235.0060.93%$0.92$0.982,4901,747
621,179$13.10$13.60—$237.5060.28%$1.29$1.381,344294
2992,907$11.15$11.50—$240.0059.74%$1.80$1.891,3481,808
699382$9.35$9.75—$242.5059.44%$2.45$2.584311,002
6661,513$7.70$8.05—$245.0059.46%$3.25$3.501,2281,064
661767$6.25$6.55—$247.5060.17%$4.35$4.60290267
4,8485,438$5.05$5.2559.90%$250.00—$5.50$5.85255375
7681,137$3.90$4.2059.83%$252.50—$6.90$7.2528767
1,3882,130$3.10$3.2060.03%$255.00—$8.55$8.854713
393465$2.39$2.4860.54%$257.50—$10.30$10.6567
9652,522$1.81$1.9061.00%$260.00—$12.20$12.55501
1,0921,626$1.35$1.4361.35%$262.50—$13.15$14.654820
3741,892$0.99$1.0961.94%$265.00—$15.70$17.9550
186448$0.72$0.8262.51%$267.50—————
1,1702,422$0.51$0.6263.07%$270.00—$20.10$23.10550
235287$0.36$0.4763.77%$272.50—$21.50$25.1502
2961,811$0.26$0.3564.54%$275.00—$23.55$28.1040

Forward $249.47. The 25-delta put carries -1.26 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 54.07%±22.34skew -1.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4225$25.20$26.60—$225.0055.64%$1.36$1.47604175
215$22.20$25.45—$227.5057.12%$1.68$2.20198167
12510$20.70$22.50—$230.0054.86%$2.12$2.232,832660
145$18.65$20.20—$232.5054.50%$2.59$2.7426589
12553$17.20$18.55—$235.0054.25%$3.15$3.3543474
259$15.10$16.50—$237.5054.16%$3.85$4.055470
40545$14.25$14.65—$240.0053.39%$4.45$4.85312124
1353$12.60$13.00—$242.5053.94%$5.50$5.80189594
67457$11.15$11.60—$245.0053.92%$6.55$6.80563712
7089$9.80$10.15—$247.5054.12%$7.75$7.9518339
671728$8.55$8.9054.10%$250.00—$8.95$9.2514279
598260$7.40$7.7553.99%$252.50—$10.25$11.451711
226299$6.50$6.7054.29%$255.00—$11.70$12.152511
3595$5.55$5.8554.42%$257.50—$13.35$13.75610
466588$4.75$5.0054.39%$260.00—$15.00$15.4520
4944$4.05$4.3554.75%$262.50—$16.80$17.2540
87391$3.45$3.7054.87%$265.00—$18.00$20.35230
3730$3.00$3.1555.36%$267.50—$20.50$22.1001
264556$2.54$2.6655.51%$270.00—$22.50$24.35351
335$2.13$2.2655.71%$272.50—————
89211$1.78$1.9356.00%$275.00—————

Forward $249.62. The 25-delta put carries -1.11 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 53.60%±28.91skew +0.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0382$30.05$34.15—$220.0055.54%$1.97$2.1523329
—————$222.5055.24%$2.33$2.5623
179$25.75$29.60—$225.0054.80%$2.78$2.9553532
—————$227.5054.09%$3.10$3.50128
1164$22.50$24.40—$230.0054.69%$3.85$4.1532339
—————$232.5054.20%$4.35$4.85235
1187$19.20$20.80—$235.0053.33%$4.95$5.4518034
186$18.20$18.90—$237.5053.82%$5.85$6.40119
42511$16.60$17.70—$240.0054.11%$6.90$7.3011342
8081$15.10$15.75—$242.5053.83%$7.75$8.3526
53251$13.75$14.30—$245.0053.87%$8.90$9.407233
74$12.40$12.95—$247.5054.21%$10.20$10.604103
53374$11.20$11.7053.44%$250.00—$11.10$11.906054
750$10.05$10.6553.66%$252.50—————
60166$9.00$9.5053.48%$255.00—$14.15$14.75161
310$8.05$8.5053.50%$257.50—$15.65$16.3011
86391$7.15$7.7053.74%$260.00—$17.20$17.90381
11336$5.65$6.0553.74%$265.00—$20.65$21.35270
20221$4.40$4.7553.88%$270.00—$24.20$26.05290
50256$3.35$3.7554.08%$275.00—$28.05$30.1010
22196$2.68$2.9154.74%$280.00—$31.25$34.8003

Forward $249.95. The 25-delta put carries +0.32 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 53.57%±34.36skew +0.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
361,439$28.70$30.60—$225.0054.50%$4.15$4.40538117
1454$26.25$27.85—$227.5054.27%$4.70$5.0529261
681,629$25.05$26.00—$230.0054.23%$5.45$5.70830100
171,106$22.80$24.50—$232.5054.00%$6.10$6.5013220
41773$21.90$23.15—$235.0053.93%$6.95$7.3089443
8503$20.30$20.90—$237.5053.88%$7.85$8.2057622
561,672$18.80$19.35—$240.0053.84%$8.80$9.20644132
351,250$17.35$17.85—$242.5053.92%$9.90$10.2550368
792,057$16.00$16.50—$245.0053.80%$10.95$11.4014226
520343$14.70$15.15—$247.5053.79%$12.15$12.6013921
2692,914$13.50$13.90—$250.0053.49%$13.25$13.9039871
81426$12.35$12.8053.57%$252.50—$14.80$15.25580
41678$11.25$11.7053.48%$255.00—$16.00$16.70438
17247$10.30$10.7053.60%$257.50—$17.70$18.20330
2521,987$9.35$9.7553.55%$260.00—$19.25$19.9010515
12443$8.50$8.9053.64%$262.50—$20.90$22.50510
40749$7.70$8.1053.68%$265.00—$22.55$23.10210
0225$6.95$7.3553.68%$267.50—$24.35$24.85210
1511,969$6.30$6.6553.76%$270.00—$26.20$28.0561
47496$5.65$6.0553.81%$272.50—$27.50$29.6560
1871,066$5.10$5.4553.86%$275.00—$29.95$31.90611

Forward $250.13. The 25-delta put carries +0.37 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 54.08%±39.36skew -0.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$49.25$53.80—$200.0055.97%$1.32$1.5714631
372$44.95$49.25—$205.0055.69%$1.82$2.1412414
269$40.75$45.60—$210.0054.81%$2.39$2.7518754
169$36.55$41.00—$215.0054.39%$3.10$3.6510412
689$32.25$36.95—$220.0054.30%$4.20$4.6515989
233$29.30$31.60—$225.0054.15%$5.40$5.9513222
2139$25.50$28.05—$230.0054.08%$6.80$7.5510236
0185$22.40$24.75—$235.0053.55%$8.20$9.40437
19159$19.50$21.65—$240.0054.06%$10.50$11.408426
27146$17.10$18.70—$245.0053.70%$12.75$13.5047915
1069$15.05$15.9554.02%$250.00—$15.05$16.451046
446$12.80$13.8554.10%$255.00—$17.90$19.2524
8128$10.55$11.8553.51%$260.00—$21.15$22.6012
2344$9.20$10.2554.40%$265.00—————
22145$7.75$8.5054.09%$270.00—$27.40$29.3510
353$6.45$7.4054.55%$275.00—————
10423$5.40$6.2554.72%$280.00—————
1127$4.50$5.0554.41%$285.00—————
420$3.75$4.5055.32%$290.00—————
629$3.10$3.7555.43%$295.00—————
157358$2.50$3.1555.49%$300.00—————

Forward $249.75. The 25-delta put carries -0.58 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 53.54%±43.20skew -0.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
251$50.40$55.25—$200.0056.39%$2.02$2.2648898
111$46.15$50.35—$205.0055.79%$2.60$2.9112930
07$41.55$45.95—$210.0055.04%$3.35$3.6016628
14$37.85$41.60—$215.0054.96%$4.25$4.7010855
228$34.35$37.20—$220.0054.71%$5.40$5.85172128
25$30.55$33.55—$225.0054.47%$6.60$7.357117
3100$27.55$29.85—$230.0054.47%$8.30$8.90142138
0163$23.75$26.80—$235.0053.95%$9.75$10.859712
5171$21.40$23.65—$240.0054.27%$12.05$12.9072611
1293$19.00$20.40—$245.0054.30%$14.35$15.25736
36116$16.70$17.95—$250.0054.00%$16.75$17.755325
1241$14.25$15.6553.48%$255.00—$18.50$20.65162
25214$12.50$13.6053.76%$260.00—$21.90$23.95191
1239$11.05$11.8554.33%$265.00—————
15362$9.40$10.7054.95%$270.00—————
3441$8.20$8.8554.56%$275.00—————
23233$6.90$7.6554.51%$280.00—————
10128$5.90$6.7555.03%$285.00—————
10199$5.00$5.6554.83%$290.00—$43.35$46.8030
564$4.20$4.8054.81%$295.00—————
141,089$3.35$4.1054.49%$300.00—$51.70$55.4010

Forward $250.08. The 25-delta put carries -0.55 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 54.88%±55.45
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3171$35.30$37.15—$225.0055.66%$10.15$10.9018328
1159$33.75$35.90—$227.5055.38%$11.00$11.6531614
6556$33.10$33.70—$230.0055.69%$12.15$12.6049246
3353$31.60$32.15—$232.5055.73%$13.10$13.651163
321,046$30.10$30.75—$235.0055.43%$14.00$14.6024815
1384$28.60$29.35—$237.5055.62%$15.25$15.653566
221,434$27.25$27.85—$240.0055.16%$15.95$16.8577452
3519$24.65$25.25—$245.0054.94%$18.25$19.1514437
11442$23.45$24.00—$247.5055.48%$19.95$20.408410
1151,933$22.25$22.95—$250.0055.09%$20.80$21.8511411
3434$21.10$21.6554.86%$252.50—$22.45$23.20167
681,069$20.00$20.6554.95%$255.00—$23.55$25.45872
2213$19.00$19.5054.88%$257.50—$25.35$25.95120
37541$18.05$18.5054.95%$260.00—$26.90$27.45490
1738$17.00$17.5554.86%$262.50—$28.40$28.9560
135603$16.10$16.9055.22%$265.00—————
3114$15.20$15.9055.05%$267.50—————
70586$14.35$14.9054.84%$270.00—$33.25$33.95130
1114$13.55$14.1054.85%$272.50—————
186299$12.85$13.5055.16%$275.00—$35.95$37.30312
1139$12.10$12.6554.99%$277.50—————

Forward $251.28. Not enough surviving quotes on both wings to measure the skew here.

2026-12-18(87 days)ATM 58.72%±72.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1557$41.30$43.35—$225.0059.14%$15.30$16.2518911
0165$39.90$42.45—$227.5059.00%$16.20$17.25751
10399$38.25$40.85—$230.0059.06%$17.35$18.2516919
3452$37.15$39.10—$232.5059.37%$18.70$19.35500
0291$35.70$37.95—$235.0059.04%$19.55$20.4537318
3251$34.00$36.25—$237.5059.29%$20.50$22.051020
53,672$33.00$35.20—$240.0058.82%$21.60$22.9016713
18402$30.90$32.20—$245.0059.47%$24.50$25.6016020
1308$29.05$30.95—$247.5058.41%$25.10$26.604329
67987$29.25$29.85—$250.0059.65%$27.25$28.3028319
2249$27.50$29.2558.98%$252.50—$28.00$29.65390
1111$26.45$27.7558.56%$255.00—$29.20$31.155431
1148$25.50$26.7058.65%$257.50—$30.70$33.15112
17707$24.70$25.7058.87%$260.00—$32.70$34.75355
34430$23.65$24.6558.72%$262.50—$33.70$35.90300
4212$22.70$24.3059.32%$265.00—$35.75$36.70120
6220$21.65$22.8558.63%$267.50—————
261,047$21.10$21.7558.75%$270.00—$38.45$40.3511
042$20.00$21.1558.76%$272.50—$40.00$41.7020
11373$19.20$20.3058.76%$275.00—$41.65$43.2020
42,419$18.45$19.5558.86%$277.50—————

Forward $252.05. Not enough surviving quotes on both wings to measure the skew here.

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.