Options Skew Analytics

DHR option chain

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

Data as of 24 September 2026 (end of day)

2026-10-02(8 days)ATM 30.84%±10.21skew -0.82
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$42.80$45.80—$180.00—————
02$37.80$40.80—$185.00—————
01$27.80$30.80—$195.00—————
05$22.90$25.80—$200.00—————
015$17.90$20.90—$205.00—————
019$15.50$18.50—$207.50—————
035$13.00$16.10—$210.00—————
020$10.80$13.90—$212.5031.64%$0.60$0.853553
225$8.60$11.10—$215.0030.66%$0.90$1.251776
153252$7.50$8.10—$217.5029.97%$1.40$1.8061
034$5.60$6.40—$220.0030.37%$2.25$2.65332
2219$4.30$4.90—$222.5030.80%$3.20$3.9012
4266$3.10$3.7030.85%$225.00—————
204254$2.15$2.7030.81%$227.50—————
414$1.40$1.9530.79%$230.00—————
1731$0.90$1.4031.12%$232.50—————
—————$290.00—$64.80$67.70—0

Forward $223.55. The 25-delta put carries -0.82 volatility points over the 25-delta call.

2026-10-09(15 days)ATM 30.02%±13.61skew +0.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$22.80$26.00—$200.00—————
114$18.30$21.30—$205.00—————
050$13.80$16.60—$210.0031.75%$0.95$1.451010
—————$212.5030.05%$1.20$1.7510
053$9.70$12.40—$215.0030.45%$1.90$2.3521
21$8.70$9.60—$217.50—————
05$7.20$7.80—$220.0030.14%$3.50$4.0010
1214$5.80$6.30—$222.5030.14%$4.60$5.1005
214$4.50$5.1029.94%$225.00—$5.80$6.30420
51$3.50$4.0029.85%$227.50—$7.20$7.9007
9266$2.70$3.1029.92%$230.00—————
13$1.35$1.8529.67%$235.00—————
0—$1.05$1.4530.42%$237.50—$13.40$16.10—0
—————$242.50—$18.20$20.70—0
—————$290.00—$64.50$67.70—0

Forward $223.70. The 25-delta put carries +0.78 volatility points over the 25-delta call.

2026-10-16(22 days)ATM 29.86%±16.43skew +0.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
018$52.40$55.80—$170.00—————
024$47.80$50.80—$175.00—————
021$42.90$45.80—$180.00—————
062$37.50$40.80—$185.00—————
020$33.00$35.80—$190.00—————
230$28.10$31.10—$195.00—————
0247$23.40$26.40—$200.00—————
13588$15.10$17.00—$210.0031.31%$1.55$2.10497109
—————$212.5031.45%$2.25$2.6020
0750$11.60$12.50—$215.0031.30%$2.90$3.301001
—————$217.5031.40%$3.70$4.20110
8853$8.50$9.10—$220.0030.11%$4.20$5.101382
0101$7.10$7.70—$222.5030.54%$5.30$6.4010
5173$5.60$6.7029.82%$225.00—$6.30$7.6041
7584$4.70$5.3029.53%$227.50—————
622960$3.80$4.5029.96%$230.00—$9.60$10.701070
1201$3.00$3.8030.25%$232.50—————
07$2.40$2.9029.90%$235.00—————
1—$1.85$2.6030.74%$237.50—$14.50$16.70—0
148394$1.50$1.8530.27%$240.00—$16.10$18.8030
—————$242.50—$18.50$20.90—0

Forward $224.20. The 25-delta put carries +0.70 volatility points over the 25-delta call.

2026-10-23(29 days)ATM 37.12%±23.45skew +1.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$33.70$36.70—$190.00—————
02$24.70$27.90—$200.00—————
02$20.50$23.60—$205.0038.30%$2.45$2.851130
11$17.50$19.00—$210.0037.94%$3.60$4.108310
110$14.00$15.70—$215.0037.55%$5.10$5.701010
18$11.20$11.70—$220.0037.38%$7.10$7.70961
022$8.60$9.2037.14%$225.00—$9.50$10.1020
025$6.50$7.0036.95%$230.00—$12.40$12.901000
53628$4.80$5.3036.99%$235.00—————
011$3.30$4.0036.77%$240.00—————
06$2.35$2.9036.85%$245.00—————
414$1.75$2.1537.55%$250.00—————
—————$290.00—$64.50$67.90—0

Forward $224.10. The 25-delta put carries +1.17 volatility points over the 25-delta call.

2026-10-30(36 days)ATM 37.14%±26.19skew +2.64
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$82.80$85.90—$140.00—————
03$43.50$46.50—$180.00—————
02$29.60$32.60—$195.00—————
—————$200.0040.08%$1.95$3.2060
—————$205.0039.01%$2.85$4.1001
01$18.20$19.80—$210.0038.27%$4.00$5.4010
02$14.70$16.50—$215.0037.99%$5.60$7.1010
08$12.00$13.50—$220.0037.32%$7.50$9.0020
01$9.30$11.1037.24%$225.00—————
028$7.30$8.4036.52%$230.00—————
038$5.60$6.5036.48%$235.00—$16.00$17.2010
133$4.20$4.9036.29%$240.00—$19.70$20.8010
14$3.00$3.5035.63%$245.00—————
11$2.20$2.9036.60%$250.00—————
—————$290.00—$64.50$67.80—0

Forward $224.52. The 25-delta put carries +2.64 volatility points over the 25-delta call.

2026-11-20(57 days)ATM 34.60%±30.74skew +1.16
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$73.30$76.40—$150.00—————
20$53.90$56.90—$170.00—————
046$35.40$38.50—$190.0037.55%$1.50$2.402514
078$31.10$33.90—$195.0036.83%$2.15$3.104127
387$26.90$29.50—$200.0035.76%$3.20$3.6015714
370$20.10$22.10—$210.0035.46%$5.80$6.4033217
43341$14.40$14.90—$220.0034.76%$9.60$10.10546
16329$9.60$10.2034.55%$230.00—$14.80$15.3050
21172$6.10$6.7034.43%$240.00—$20.80$22.6050
241323$3.70$4.2034.30%$250.00—————
1845$2.00$2.5533.91%$260.00—————
18$1.10$1.4533.79%$270.00—————

Forward $224.83. The 25-delta put carries +1.16 volatility points over the 25-delta call.

2026-12-18(85 days)ATM 33.30%±36.23skew +1.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
017$88.40$91.80—$135.00—————
03$83.60$86.90—$140.00—————
01$78.20$82.00—$145.00—————
019$73.90$77.10—$150.00—————
02$69.30$72.20—$155.00—————
06$64.50$67.40—$160.00—————
012$59.70$62.70—$165.00—————
06$54.90$58.00—$170.00—————
053$50.30$53.30—$175.00—————
06$45.70$48.60—$180.00—————
015$41.20$44.30—$185.0035.74%$1.85$2.5033223
030$36.90$39.80—$190.0035.18%$2.50$3.2098830
11,348$32.70$35.30—$195.0034.32%$3.40$3.80779103
0684$28.80$31.70—$200.0034.09%$4.50$4.905209
01,051$21.60$24.60—$210.0033.76%$7.40$7.9046039
1591,244$16.80$17.40—$220.0033.33%$11.40$11.801462
12741$12.00$12.6033.29%$230.00—$16.50$17.10451
6561$8.30$8.9033.16%$240.00—$21.70$24.1060
40240$5.50$6.1032.95%$250.00—$29.00$31.50560
18485$3.60$4.1032.96%$260.00—————
072$1.25$2.0533.36%$280.00—————

Forward $225.46. The 25-delta put carries +1.13 volatility points over the 25-delta call.

2027-01-15(113 days)ATM 32.73%±41.15skew +1.24
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
110$84.00$87.20—$140.00—————
014$79.10$82.30—$145.00—————
045$74.10$77.50—$150.00—————
02$69.70$72.70—$155.00—————
030$65.00$68.00—$160.00—————
038$60.10$63.20—$165.00—————
029$55.70$58.70—$170.00—————
047$51.10$54.10—$175.0034.08%$1.15$1.906000
0271$46.70$49.50—$180.0034.70%$2.00$2.5075810
070$42.40$45.20—$185.0034.13%$2.55$3.203130
0272$38.20$41.10—$190.0033.62%$3.30$4.002170
2108$34.30$37.00—$195.0033.92%$4.60$5.102230
51,231$30.50$33.00—$200.0033.59%$5.80$6.305710
11,863$23.50$26.30—$210.0033.12%$8.90$9.405450
0811$18.90$19.50—$220.0032.83%$13.00$13.503650
1571,358$14.10$14.7032.73%$230.00—$17.40$19.403530
52,005$10.20$10.9032.52%$240.00—$23.20$25.5010
386,477$7.30$7.9032.45%$250.00—$30.10$32.6050
12241$5.10$5.6032.35%$260.00—————
0198$3.50$3.9032.29%$270.00—————
51,415$1.85$2.8531.62%$280.00—————

Forward $225.95. The 25-delta put carries +1.24 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.