Options Skew Analytics

DELL 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 65.60%±32.73skew -0.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
37110$28.45$29.80—$525.0066.17%$3.85$4.10381696
1417$26.55$27.85—$527.5065.72%$4.25$4.75141185
100129$24.90$26.25—$530.0066.03%$5.00$5.407761,196
246$23.45$24.55—$532.5065.91%$5.65$6.15184140
104166$21.65$22.50—$535.0065.70%$6.40$6.90397462
6273$20.05$20.75—$537.5065.52%$7.20$7.75309261
261489$18.50$19.10—$540.0064.97%$8.15$8.451,4461,530
2826$16.95$17.70—$542.5065.49%$9.10$9.70510655
114271$15.40$16.25—$545.0065.35%$10.15$10.75537683
26729$14.10$14.80—$547.5065.33%$11.25$11.95300472
1,497717$12.90$13.50—$550.0065.55%$12.50$13.251,0121,891
71084$11.70$12.3565.63%$552.50—$13.75$14.70316445
875168$10.60$11.2565.72%$555.00—$15.25$15.95300796
24491$9.60$10.3566.19%$557.50—$16.65$17.90129419
1,511583$8.75$9.2566.17%$560.00—$18.15$18.95763714
785117$7.80$8.3065.90%$562.50—$19.75$20.55225186
358251$7.00$7.6066.35%$565.00—$21.45$22.20527275
229325$6.25$6.7566.16%$567.50—$22.95$23.9027196
1,133776$5.80$5.9566.62%$570.00—$25.20$25.85795572
326346$4.95$5.4066.29%$572.50—$26.85$27.60161130
1,2741,443$4.55$4.7566.68%$575.00—$28.80$29.60449139

Forward $550.33. The 25-delta put carries -0.66 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 62.46%±56.92
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
389$36.50$38.15—$525.0061.81%$11.15$11.8010394
10$34.60$36.45—$527.5061.60%$11.80$12.75713
13190$33.50$34.50—$530.0061.64%$12.75$13.65376316
82$31.95$32.90—$532.5061.92%$13.85$14.653228
1788$30.65$31.70—$535.0062.06%$15.00$15.6014576
21$28.90$30.10—$537.5061.71%$15.80$16.651043
48101$27.80$28.85—$540.0062.17%$16.95$18.00328157
540$26.25$27.25—$542.5062.07%$18.00$19.152016
4183$24.95$25.85—$545.0061.78%$19.00$20.3014765
236$23.80$24.45—$547.5061.79%$20.40$21.354223
1,189198$22.55$23.05—$550.0062.08%$21.65$22.85384208
669$21.40$21.9562.25%$552.50—$23.00$24.101331
12666$20.25$21.2562.84%$555.00—$24.30$25.5578105
6513$19.30$20.2063.12%$557.50—$25.60$26.8027134
447607$18.05$18.7562.30%$560.00—$27.10$28.05268204
68020$16.95$17.8062.27%$562.50—$28.40$29.602414
224605$16.00$16.8562.33%$565.00—$30.00$31.15147107
23750$15.15$15.8562.35%$567.50—$31.75$32.756521
381821$14.15$15.0062.26%$570.00—$33.30$34.35106121
93102$13.30$14.1562.26%$572.50—$35.00$36.057364
305185$12.65$13.3062.45%$575.00—$36.60$37.756246

Forward $550.55. Not enough surviving quotes on both wings to measure the skew here.

2026-10-09(17 days)ATM 60.48%±71.98skew +0.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
249$45.90$47.10—$520.0061.50%$14.70$15.959440
594$42.50$43.90—$525.0061.66%$16.65$17.804239
3130$39.55$40.90—$530.0061.22%$18.45$19.558142
198$36.65$37.90—$535.0061.32%$20.45$21.855814
1390$33.95$34.95—$540.0061.23%$22.65$24.059757
3537$31.30$32.30—$545.0061.06%$24.85$26.453659
86155$28.90$29.75—$550.0060.49%$27.40$28.405678
6853$26.40$27.4560.35%$555.00—$30.05$31.502356
361$25.35$26.5560.65%$557.50—$31.70$32.95517
75201$24.25$25.2060.35%$560.00—$32.55$34.355843
351$23.20$24.1560.35%$562.50—$34.15$35.9021
2993$22.20$23.1560.38%$565.00—$35.70$37.35706
253$21.20$22.1560.35%$567.50—$37.25$38.8502
308168$20.25$21.2560.40%$570.00—$38.85$40.559927
306$19.35$20.5060.61%$572.50—$40.40$42.05035
57112$18.45$19.6560.64%$575.00—$42.15$43.552310
2220$17.60$18.8060.66%$577.50—$43.75$45.2531
29136$16.80$18.2060.94%$580.00—$45.55$46.6012821
11$16.00$17.3060.83%$582.50—————
863$15.25$16.7061.04%$585.00—$49.15$50.90463
33$14.55$15.9561.09%$587.50—$50.95$52.5021

Forward $551.43. The 25-delta put carries +0.42 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 61.13%±86.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
151,402$51.00$52.15—$520.0061.09%$19.45$20.451,605163
9440$48.05$49.15—$525.0061.05%$21.30$22.504140
38468$45.20$46.15—$530.0061.27%$23.55$24.6543445
137$42.25$43.40—$535.0061.16%$25.65$26.855839
2041,352$39.65$40.60—$540.0061.12%$28.10$29.00460126
3924$36.75$38.10—$545.0061.23%$30.60$31.503032
2781,181$34.70$35.55—$550.0061.18%$33.00$34.151,443321
593$31.95$33.2560.80%$555.00—$35.80$37.30389
354$31.15$32.1561.10%$557.50—$36.95$38.451552
3303,128$30.20$31.0061.16%$560.00—$38.65$39.65535182
180$28.75$30.1060.96%$562.50—$39.95$41.1535
901$27.90$29.0561.10%$565.00—$41.50$43.00429
469$27.05$28.0561.25%$567.50—$42.90$44.00515
80713$26.10$27.1061.30%$570.00—$44.40$46.05386177
164$25.15$26.2061.34%$572.50—$45.85$47.2024
29824$24.20$25.1061.16%$575.00—$47.45$49.201311
1545$23.35$24.3561.34%$577.50—$49.10$50.85372
2771,163$22.60$23.4061.38%$580.00—$50.75$51.9525768
429$21.65$22.7061.43%$582.50—$52.45$53.60371
912$20.90$21.7061.33%$585.00—————
54$20.05$21.0561.42%$587.50—$55.55$57.0570

Forward $551.55. Not enough surviving quotes on both wings to measure the skew here.

2026-10-23(31 days)ATM 61.07%±98.16
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1637$66.70$69.65—$500.0060.70%$15.55$18.0018335
111$63.40$66.40—$505.0061.35%$17.25$20.305415
114$60.15$63.45—$510.0061.15%$19.05$21.80839
326$57.00$60.25—$515.0061.70%$21.65$23.553517
033$53.95$56.90—$520.0061.61%$23.05$26.0015112
016$51.05$54.30—$525.0061.70%$25.10$28.203257
2366$48.25$51.25—$530.0061.36%$27.30$29.95304
245$45.50$48.25—$535.0061.39%$29.60$32.252417
3121$42.90$45.70—$540.0061.54%$32.05$34.756364
1725$40.40$43.25—$545.0061.88%$34.60$37.60303
17231$39.00$41.25—$550.0061.77%$37.25$40.004032
5914$36.75$38.5061.45%$555.00—$40.05$43.10510
1743$33.85$36.5561.09%$560.00—$42.15$45.207522
817$31.45$34.4560.85%$565.00—$45.80$48.805514
13538$29.75$32.6061.20%$570.00—$48.85$51.654616
9032$27.90$30.1560.82%$575.00—$51.20$54.251250
6537$25.85$28.9561.12%$580.00—$55.05$58.103814
442$24.15$27.3561.24%$585.00—$57.70$60.65210
137$22.75$25.8061.50%$590.00—$61.30$64.45260
38$22.00$23.8561.85%$595.00—$64.75$67.9040
1866$19.85$22.6061.47%$600.00—$68.65$71.40270

Forward $551.51. Not enough surviving quotes on both wings to measure the skew here.

2026-10-30(38 days)ATM 61.07%±108.80
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3271$71.40$73.65—$500.0061.86%$19.95$21.4510652
03$67.70$70.75—$505.0061.84%$21.10$23.80308
3376$64.30$68.00—$510.0061.86%$23.05$25.602915
010$61.30$64.50—$515.0061.93%$24.85$27.80135
412$58.35$61.85—$520.0061.78%$26.90$29.652128
110$55.90$58.85—$525.0062.40%$29.35$32.302115
46$53.50$55.70—$530.0062.16%$31.40$34.403227
310$51.00$53.05—$535.0062.33%$33.75$36.952523
412$47.55$50.60—$540.0062.37%$36.30$39.30429
99$45.55$48.35—$545.0061.81%$38.85$41.001813
4327$43.50$45.60—$550.0061.63%$41.50$43.308720
7014$40.85$43.0561.19%$555.00—$44.30$47.352113
3123$38.70$40.9561.29%$560.00—$47.15$49.803720
762$36.20$38.7560.95%$565.00—$50.05$52.953517
1746$34.20$36.7560.98%$570.00—$52.35$56.055613
1736$33.00$35.3061.85%$575.00—$55.50$58.559061
2447$31.20$33.6062.00%$580.00—$59.45$61.90299
1354$28.80$31.4061.25%$585.00—$61.90$65.15182
3548$27.75$29.8561.82%$590.00—$65.30$68.35101
812$25.50$28.6061.62%$595.00—$68.70$71.8571
18162$24.25$27.0061.80%$600.00—$72.25$75.356216

Forward $552.16. Not enough surviving quotes on both wings to measure the skew here.

2026-11-20(59 days)ATM 63.11%±140.42skew -0.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
8202$115.95$119.00—$450.0063.96%$14.70$15.551,106154
11272$108.90$111.75—$460.0063.89%$17.15$18.2540598
3169$101.80$104.45—$470.0063.82%$20.20$20.9026344
11164$95.05$97.95—$480.0063.78%$23.30$24.1030898
4173$88.50$91.35—$490.0063.34%$26.10$27.6015239
49359$83.05$84.85—$500.0063.40%$29.95$31.35546167
5139$77.15$78.50—$510.0063.49%$34.00$35.5542654
4180$71.65$72.90—$520.0063.35%$38.30$39.7529056
3509$66.35$67.40—$530.0063.62%$43.40$44.4010226
24267$60.80$62.30—$540.0063.36%$47.90$49.3555450
1362,684$56.55$57.55—$550.0063.09%$52.65$54.6024263
116354$51.70$53.1562.86%$560.00—$59.10$60.2511776
1,338157$48.00$49.0063.12%$570.00—$64.90$66.4012161
1,3061,519$43.80$45.1562.95%$580.00—$70.95$72.159933
33200$40.15$41.6563.01%$590.00—$77.05$78.75488
118404$36.85$38.1562.99%$600.00—$83.65$85.258710
32120$34.05$35.2563.33%$610.00—$90.45$92.10403
32476$31.10$32.2563.27%$620.00—$97.65$99.50289
28242$28.75$29.5563.49%$630.00—$105.15$106.95120
30147$26.20$27.3563.66%$640.00—$112.65$114.50110
56511$24.05$25.1563.85%$650.00—$120.50$122.25140

Forward $553.45. The 25-delta put carries -0.07 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 67.52%±182.83
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10332$128.60$130.85—$450.0067.21%$24.50$26.6537784
14264$121.85$124.35—$460.0066.79%$27.15$29.852065
4498$114.75$117.55—$470.0066.68%$30.35$33.4523320
196$108.70$111.90—$480.0066.95%$34.20$37.5536429
0120$103.10$105.65—$490.0066.83%$38.15$41.3512627
14488$96.85$100.05—$500.0067.04%$43.00$45.352,798104
4264$91.70$94.75—$510.0067.03%$47.35$49.9010047
8379$86.15$89.55—$520.0066.90%$51.65$54.7515137
42457$82.50$83.55—$530.0067.43%$57.30$60.051406
26235$76.65$79.45—$540.0067.17%$61.95$65.2077320
99475$72.35$74.70—$550.0067.14%$67.40$70.4540187
45135$68.30$69.7066.93%$560.00—$73.20$76.1532834
28160$63.80$66.4567.13%$570.00—$79.65$81.80439
5218$60.40$63.0067.55%$580.00—$85.70$88.007714
24121$57.40$58.4067.45%$590.00—$91.95$94.40912
52850$52.45$54.9066.76%$600.00—$97.90$101.004457
14189$49.20$52.3067.12%$610.00—$104.00$107.70321
15315$47.00$48.6067.29%$620.00—$111.15$114.55160
29166$43.40$45.6066.96%$630.00—$118.45$121.65440
13231$42.25$44.0068.34%$640.00—$125.80$128.85340
66328$39.10$40.3567.60%$650.00—$133.00$136.2560

Forward $554.65. 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.