Options Skew Analytics

DHI option chain

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

Data as of 6 November 2026 (end of day)

2026-11-20(14 days)ATM 39.24%±11.74skew +1.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$21.40$24.00—$131.00—————
01$20.40$23.10—$132.00—————
038$17.80$20.20—$135.00—————
02$14.90$16.70—$138.00—————
092$14.00$16.50—$139.00—————
1140$13.10$15.20—$140.0043.26%$0.75$1.201,73512
04$11.40$13.90—$142.0042.41%$1.00$1.5510
02$10.50$13.10—$143.00—————
2132$9.00$10.20—$145.0040.65%$1.50$2.151340
02$8.50$9.80—$146.0039.80%$1.70$2.35310
048$7.80$8.60—$147.00—————
036$6.60$9.40—$148.0039.58%$2.20$3.1020
06$6.60$7.10—$149.0040.05%$2.45$3.70110
0335$5.70$6.60—$150.0039.12%$2.95$3.8014910
419$4.50$5.10—$152.5039.26%$4.10$5.0001
7763$3.40$3.9039.06%$155.00—$5.40$6.304224
2443$2.50$2.9038.81%$157.50—$7.00$7.80020
1521$1.75$2.2038.88%$160.00—$8.70$9.60130
4302$1.15$1.6538.79%$162.50—————
71,563$0.90$1.4041.11%$165.00—$11.60$14.2070
—————$170.00—$16.40$18.60400

Forward $152.75. The 25-delta put carries +1.86 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 36.89%±19.21skew +3.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$81.40$84.90—$70.00—————
05$76.50$79.90—$75.00—————
05$71.40$75.00—$80.00—————
02$61.50$65.00—$90.00—————
03$51.40$55.00—$100.00—————
02$32.60$35.50—$120.0044.76%$0.35$0.5518836
01$28.30$30.60—$125.00—————
015$23.50$26.20—$130.0040.43%$0.85$1.2510910
014$19.40$22.00—$135.0040.34%$1.55$2.102325
4137$15.40$16.50—$140.0039.87%$2.60$3.208310
340$12.00$13.00—$145.0038.97%$3.90$4.702033
0434$8.80$9.90—$150.0038.12%$5.80$6.503201
13347$6.50$7.4036.85%$155.00—$7.80$9.002040
2343$4.50$5.3036.44%$160.00—$10.90$12.20250
8198$3.10$3.4035.63%$165.00—$14.50$15.60100
14297$2.00$2.6536.67%$170.00—$17.90$19.7030
1588$1.25$1.8536.83%$175.00—$21.60$23.9030

Forward $153.54. The 25-delta put carries +3.20 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 36.01%±24.32skew +2.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$57.40$60.40—$95.00—————
026$52.40$55.20—$100.00—————
06$47.80$50.60—$105.00—————
012$42.50$45.90—$110.00—————
040$38.40$41.00—$115.00—————
0108$33.80$36.40—$120.00—————
084$29.00$31.90—$125.0042.07%$1.35$1.854291
1294$25.10$27.60—$130.0040.07%$2.05$2.253555
070$21.00$23.50—$135.0037.98%$2.50$3.201813
1172$17.30$19.80—$140.0038.45%$3.70$4.905981
0188$14.00$16.40—$145.0037.26%$5.00$6.505190
11,105$11.10$13.50—$150.0037.45%$7.40$8.401171
01,357$8.70$9.9036.12%$155.00—$9.30$10.803220
3331$6.60$7.7035.80%$160.00—$12.40$13.602040
3174$4.90$6.0035.77%$165.00—$15.10$17.401890
0346$3.50$4.6035.57%$170.00—$18.50$20.601170
3773$2.55$3.5035.74%$175.00—$22.40$24.90720
32,196$1.80$2.4035.13%$180.00—$26.70$29.00170
091$1.25$1.8035.31%$185.00—————
1823$0.90$1.2035.09%$190.00—————
1271$0.45$0.5535.09%$200.00—————

Forward $154.24. The 25-delta put carries +2.71 volatility points over the 25-delta call.

2027-02-19(105 days)ATM 37.41%±30.96skew +2.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$43.30$46.60—$110.00—————
01$34.80$37.00—$120.00—————
—————$125.0041.73%$2.30$3.40260
243$26.50$28.90—$130.0039.74%$3.30$3.801001
033$22.90$25.40—$135.0038.76%$4.20$5.101900
134$19.60$21.80—$140.0038.17%$5.70$6.501390
083$16.20$18.70—$145.0038.29%$7.80$8.30580
0190$13.60$15.40—$150.0036.74%$9.10$10.50750
6106$11.20$12.8037.83%$155.00—$12.30$13.10491
016$8.80$10.5036.98%$160.00—$15.20$15.70421
450$7.20$8.6037.06%$165.00—————
1115$5.80$6.7036.57%$170.00—————
296$4.60$5.4036.57%$175.00—————
235$3.40$4.5036.49%$180.00—————
014$2.45$3.5035.90%$185.00—————
06$1.85$2.9036.21%$190.00—————
164$1.10$1.7036.10%$200.00—————

Forward $154.29. The 25-delta put carries +2.27 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 37.51%±35.04skew +2.84
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$71.90$75.50—$80.00—————
02$53.00$56.30—$100.00—————
—————$115.0040.89%$1.50$2.10140
01$35.80$38.50—$120.0039.86%$2.05$2.75330
01$31.80$34.50—$125.0039.53%$2.90$3.703141
010$28.00$30.50—$130.0039.12%$3.80$5.001720
019$24.20$26.40—$135.0039.28%$5.00$6.80590
013$20.90$23.00—$140.0038.38%$6.40$8.30940
039$17.90$20.40—$145.0036.92%$8.20$9.50730
3129$15.10$17.60—$150.0037.74%$10.30$12.50561
228$13.00$14.1037.30%$155.00—$12.80$14.8040
088$10.50$12.6037.55%$160.00—$15.50$17.40110
0263$8.60$10.7037.35%$165.00—$18.20$20.5050
069$6.90$8.0035.58%$170.00—$21.50$23.90540
0238$5.80$7.6037.33%$175.00—————
045$4.40$6.3036.73%$180.00—$28.80$31.30240
09$3.40$5.2036.44%$185.00—————
016$2.65$4.4036.55%$190.00—————

Forward $154.75. The 25-delta put carries +2.84 volatility points over the 25-delta call.

2027-05-21(196 days)ATM 37.69%±43.15skew +3.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$110.0042.61%$2.00$3.2010
—————$115.0041.83%$2.75$3.9030
—————$120.0041.47%$3.60$5.0020
—————$130.0039.99%$5.70$7.4030
—————$135.0039.56%$7.10$9.00100
—————$140.0039.23%$8.70$10.9040
—————$145.0038.38%$10.50$12.60130
028$18.60$21.20—$150.0038.56%$12.80$15.10100
221$16.40$18.70—$155.0038.22%$15.20$17.5020
09$14.20$16.4037.92%$160.00—$18.00$19.8080
017$11.90$14.4037.37%$165.00—————
01$10.20$12.2036.80%$170.00—————
06$7.20$9.2036.40%$180.00—————
01$5.00$7.0036.32%$190.00—————
04$4.10$6.1036.25%$195.00—————
01$3.40$5.2036.13%$200.00—————

Forward $156.23. The 25-delta put carries +3.30 volatility points over the 25-delta call.

2027-06-17(223 days)ATM 37.34%±45.65skew +3.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$55.20$58.00—$100.00—————
02$46.80$49.50—$110.0041.03%$2.40$3.20541
04$42.80$45.40—$115.0041.46%$3.20$4.5020
03$38.80$41.50—$120.0040.78%$4.10$5.50140
—————$125.0040.10%$5.10$6.70200
02$31.70$34.30—$130.0039.37%$6.30$8.001910
02$28.30$31.20—$135.0038.84%$7.70$9.601020
02$25.30$28.00—$140.0038.69%$9.40$11.60850
07$22.40$25.10—$145.0038.05%$11.30$13.40520
082$19.80$22.50—$150.0038.07%$13.50$15.90620
014$17.20$20.00—$155.0037.94%$16.00$18.40490
09$15.20$17.6037.75%$160.00—$18.70$21.10280
276$13.20$15.2037.13%$165.00—$21.20$23.6070
181$11.30$13.4036.84%$170.00—————
052$9.60$11.7036.48%$175.00—————
098$8.20$10.4036.50%$180.00—————
042$6.80$9.0036.05%$185.00—————
015$5.70$7.9035.94%$190.00—————
111$4.70$6.5035.23%$195.00—————
06$4.00$6.0035.76%$200.00—————
01$2.85$4.5035.72%$210.00—————

Forward $156.44. The 25-delta put carries +3.62 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.