Options Skew Analytics

CVNA 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 59.48%±6.07skew +7.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
80204$10.35$11.25—$63.0074.44%$0.17$0.224373
018$8.90$10.60—$64.00—————
98478$8.50$9.30—$65.0069.58%$0.26$0.341,745153
69137$7.30$8.90—$66.0068.07%$0.35$0.4319822
24175$6.60$7.60—$67.0066.63%$0.46$0.5512310
1297$5.80$6.80—$68.0065.79%$0.61$0.7234165
79234$5.00$6.05—$69.0064.50%$0.78$0.92186367
67260$4.45$5.15—$70.0064.06%$1.04$1.17417485
85195$3.90$4.20—$71.0062.73%$1.30$1.46169102
431,477$3.20$3.50—$72.0061.71%$1.64$1.80271154
116269$2.73$2.88—$73.0060.60%$2.03$2.20358115
254243$2.19$2.3759.43%$74.00—$2.49$2.6550294
2,783636$1.72$1.8758.10%$75.00—$3.00$3.3016879
1681,207$1.33$1.4757.39%$76.00—$3.60$3.906230
370211$1.02$1.1356.85%$77.00—$4.20$4.602001
2,760213$0.75$0.8956.68%$78.00—$4.50$5.45750
171211$0.55$0.6656.16%$79.00—$5.60$6.55452
2871,402$0.40$0.4855.80%$80.00—$6.40$7.506820
78287$0.30$0.3556.01%$81.00—$6.70$8.352220
37114$0.20$0.2856.38%$82.00—$7.85$9.351449
—————$83.00—$8.95$10.151519

Forward $73.71. The 25-delta put carries +7.38 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 58.62%±8.46skew +8.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
2735$11.55$13.35—$62.0071.47%$0.43$0.551,50032
0154$10.60$12.35—$63.0069.91%$0.52$0.644272
0560$9.80$11.25—$64.0068.52%$0.62$0.761,0340
73,162$8.90$10.00—$65.0067.03%$0.75$0.882,72740
01,233$8.00$9.90—$66.0066.19%$0.94$1.031,89630
9309$7.30$8.25—$67.0064.69%$1.09$1.2214087
304,847$6.65$7.50—$68.0063.73%$1.32$1.432,179118
4222$5.90$6.65—$69.0062.92%$1.56$1.7129015
694,745$5.50$5.75—$70.0061.99%$1.86$1.991,275437
15248$4.80$5.10—$71.0061.08%$2.18$2.33143111
432,097$4.20$4.50—$72.0060.33%$2.56$2.71594118
30510$3.60$3.95—$73.0059.96%$2.96$3.2038721
491,578$3.15$3.3558.79%$74.00—$3.40$3.65417118
1273,572$2.69$2.8558.10%$75.00—$3.95$4.2065836
893,364$2.26$2.4157.38%$76.00—$4.50$4.7538851
3753,430$1.56$1.6956.37%$78.00—$5.75$6.1045435
1647,711$1.04$1.1355.40%$80.00—$7.00$8.003813
1531,712$0.68$0.7555.06%$82.00—$8.40$9.604020
59584$0.41$0.5054.71%$84.00—$9.75$11.70190
593,677$0.29$0.4354.61%$85.00—$11.20$12.30245
53,264$0.25$0.3354.83%$86.00—$12.20$13.30438

Forward $73.72. The 25-delta put carries +8.33 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 55.44%±9.80skew +5.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
021$10.70$13.10—$63.0064.58%$0.66$1.0516813
047$9.70$12.05—$64.0062.76%$0.90$1.03534
3286$9.25$10.80—$65.0061.16%$0.97$1.23682
020$8.05$10.45—$66.0060.92%$1.23$1.4120534
041$7.25$9.50—$67.0059.65%$1.35$1.68251
036$7.00$7.95—$68.0059.07%$1.67$1.889110
020$6.50$7.10—$69.0058.38%$1.95$2.17871
0112$5.85$6.50—$70.0058.41%$2.24$2.61682
3140$5.20$5.85—$71.0056.80%$2.58$2.86607
087$4.55$5.20—$72.0056.11%$2.77$3.452010
123$4.10$4.60—$73.0055.57%$3.30$3.80520
2142$3.50$4.0555.68%$74.00—$3.80$4.3581
41,561$3.00$3.5554.83%$75.00—$4.35$4.80735
067$2.74$3.0555.13%$76.00—$4.85$5.5080
2155$2.36$2.6354.59%$77.00—————
01,002$2.01$2.2754.15%$78.00—$5.95$6.8020
115$1.70$1.9853.99%$79.00—————
4134$1.41$1.6553.11%$80.00—$7.40$8.15210
01$0.99$1.1652.45%$82.00—————
210$0.82$0.9752.20%$83.00—————
42,527$0.51$0.6951.52%$85.00—$10.70$13.20750

Forward $73.70. The 25-delta put carries +5.96 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 55.79%±11.41skew +7.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$10.70$13.40—$63.0063.01%$1.06$1.28180
01$9.95$12.55—$64.0062.30%$1.27$1.43212
029$9.20$11.75—$65.0061.22%$1.43$1.63133
032$8.50$10.80—$66.0060.62%$1.64$1.881290
55$8.20$9.50—$67.0059.95%$1.83$2.19510
14$7.75$8.40—$68.0059.61%$2.17$2.451470
021$6.80$8.10—$69.0058.37%$2.44$2.71115
139$6.25$7.10—$70.0057.92%$2.75$3.10347
022$5.70$6.55—$71.0057.70%$3.15$3.50369
017$5.05$5.90—$72.0055.80%$3.40$3.8550
924$4.55$5.25—$73.0055.39%$3.85$4.3020
118$4.10$4.7555.45%$74.00—————
1083$3.75$4.3056.00%$75.00—$4.90$5.50110
01$3.30$4.1057.06%$76.00—$5.45$6.1520
14$2.81$3.3053.73%$77.00—$5.75$6.7040
1669$2.56$2.9254.10%$78.00—$6.60$7.3550
07$1.76$2.5950.75%$79.00—————
176$1.91$2.2453.17%$80.00—$8.05$8.8040
10$1.64$1.9352.64%$81.00—————
—————$82.00—$8.90$10.6050
1190$0.84$1.0951.62%$85.00—$10.95$13.451370

Forward $73.83. The 25-delta put carries +7.30 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 55.37%±12.67skew +14.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$13.80$16.45—$60.0065.01%$0.86$1.22321
02$12.10$14.80—$62.00—————
10$11.40$13.70—$63.0062.68%$1.31$1.7420
04$10.05$11.50—$65.00—————
—————$66.0066.88%$2.00$3.30100
07$8.20$9.00—$68.0062.99%$2.50$3.60190
07$7.25$9.25—$69.0058.66%$2.71$3.45400
08$6.65$7.70—$70.0057.09%$2.95$3.75190
224$6.25$7.25—$71.0058.21%$3.60$4.15340
724$5.80$6.50—$72.0057.79%$3.95$4.6544
10101$5.20$5.85—$73.0056.21%$4.30$5.00495
5415$4.70$5.5557.08%$74.00—$4.90$5.60120
85$4.30$4.7555.37%$75.00—————
02$3.70$4.6556.08%$76.00—$5.85$6.70315
0100$3.35$4.0555.08%$77.00—$6.25$7.3010
04$2.99$3.6554.81%$78.00—————
09$2.59$3.3554.55%$79.00—————
48$2.32$2.9354.02%$80.00—$7.90$9.5510
20$1.90$2.2853.89%$82.00—————
100$1.39$1.7652.75%$84.00—————
03$1.19$1.6753.30%$85.00—————

Forward $73.87. The 25-delta put carries +14.13 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 55.44%±13.90skew +7.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0148$17.55$19.75—$56.0067.19%$0.75$0.821,9946
0278$16.05$17.60—$58.0065.59%$0.97$1.052,9241,000
23,401$14.60$15.70—$60.0064.08%$1.25$1.337,069220
0385$12.15$14.60—$62.0062.67%$1.58$1.6966860
0906$10.85$12.85—$64.0061.15%$1.96$2.121,0731
80378$10.90$11.55—$65.0060.58%$2.23$2.341,803229
01,527$9.85$11.00—$66.0060.05%$2.50$2.615403
01,475$8.90$9.20—$68.0058.85%$3.05$3.252,5898
239,091$7.60$7.95—$70.0057.75%$3.75$3.951,7281,093
35,963$6.45$6.70—$72.0056.87%$4.60$4.753,01564
193,883$5.40$5.7056.17%$74.00—$5.50$5.75210109
1841,577$4.90$5.2055.60%$75.00—$6.00$6.3017729
173,620$4.45$4.7055.01%$76.00—$6.55$6.9066613
2713,471$3.75$3.9055.04%$78.00—$7.70$8.004102
1,0358,215$2.96$3.1553.77%$80.00—$8.95$9.301,6959
693,057$2.44$2.5253.50%$82.00—$10.35$10.703960
251,332$1.93$2.0453.13%$84.00—$11.75$12.602831
90522$1.63$1.8052.26%$85.00—$12.35$13.40340
27439$1.51$1.5652.27%$86.00—$12.80$14.25600
9536$1.12$1.2251.49%$88.00—$14.30$16.504030
845,762$0.85$0.9350.96%$90.00—$16.05$17.751820

Forward $73.92. The 25-delta put carries +7.79 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 54.97%±17.87skew +6.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0653$16.50$18.95—$58.0063.08%$1.65$1.988580
01,971$15.40$17.35—$60.0061.32%$2.04$2.2611,867105
0631$13.60$15.80—$62.0060.39%$2.50$2.721,26635
0306$12.45$14.20—$64.0059.10%$3.00$3.201,32224
0920$12.05$13.45—$65.0058.75%$3.25$3.5574492
2562$11.35$12.65—$66.0058.69%$3.60$3.901,02515
41,036$10.10$10.95—$68.0057.34%$4.15$4.6081542
63,843$9.25$9.70—$70.0057.04%$5.00$5.402,12587
24,049$8.00$8.50—$72.0056.25%$5.90$6.201,34223
15,274$7.10$7.50—$74.0055.98%$6.85$7.2596527
371,525$6.60$6.9555.33%$75.00—$7.35$7.7036631
242,357$6.15$6.5055.11%$76.00—$7.90$8.653052
28546$5.30$5.6054.37%$78.00—$8.90$9.601,6611
1,02420,691$4.55$4.8553.97%$80.00—$10.25$10.851,9196
292,868$3.85$4.2053.54%$82.00—$11.55$12.253180
04,162$3.15$3.4552.05%$84.00—$12.30$14.354440
222,330$2.93$3.2052.15%$85.00—$13.05$14.401090
0191$2.76$3.0052.55%$86.00—$13.75$15.259780
02,455$2.31$2.5252.11%$88.00—$15.10$16.852550
258,440$1.93$2.1051.72%$90.00—$16.75$19.002820
0831$1.58$1.7151.05%$92.00—$18.40$20.701370

Forward $74.25. The 25-delta put carries +6.99 volatility points over the 25-delta call.

2027-02-19(105 days)ATM 55.97%±22.37skew +6.16
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
026$38.20$40.60—$35.00—————
015$33.50$35.95—$40.00—————
060$28.90$31.35—$45.0067.34%$0.65$0.863,7005
09$24.50$26.70—$50.0065.20%$1.00$1.641,3651
012$20.15$22.75—$55.0062.86%$1.97$2.2760824
0162$16.60$18.75—$60.0061.08%$3.15$3.4082358
0343$13.25$15.10—$65.0059.37%$4.65$4.95779250
273,902$10.95$11.65—$70.0058.04%$6.60$6.9526610
5522$8.45$9.0557.07%$75.00—$8.95$9.5028019
270474$6.25$6.8555.32%$80.00—$11.80$12.451133
0141$4.70$5.1054.60%$85.00—$15.10$15.902516
3254$3.35$4.2555.36%$90.00—$18.10$20.25280
0310$2.41$2.7753.21%$95.00—————
350205$0.84$1.1252.88%$110.00—$36.05$37.75250

Forward $74.52. The 25-delta put carries +6.16 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.