Options Skew Analytics

DKNG 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 63.91%±1.28skew -7.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
183$5.85$6.35—$16.00—————
182$4.95$5.40—$17.00—————
227$3.95$4.55—$18.00—————
184$2.80$3.40—$19.00—————
5273$2.04$2.40—$20.0071.63%$0.03$0.059521
4256$1.46$1.88—$20.5068.84%$0.06$0.1038172
106211$1.08$1.45—$21.0062.07%$0.11$0.152,5171,553
112773$0.72$1.06—$21.5063.65%$0.25$0.30645239
978737$0.47$0.59—$22.0063.71%$0.43$0.542,0181,833
1,148937$0.30$0.3967.36%$22.50—$0.72$0.833,509578
4,6395,145$0.20$0.2369.96%$23.00—$0.98$1.23813389
1,0801,547$0.12$0.1472.26%$23.50—$1.32$1.6412720
2,3401,719$0.05$0.0972.54%$24.00—$1.75$2.2028027
3391,465$0.03$0.0676.56%$24.50—$2.26$2.7218317
1,9971,164$0.03$0.0483.20%$25.00—$2.18$3.258313
144185$0.01$0.0280.60%$25.50—$2.97$3.70102
573,968$0.01$0.0497.19%$26.00—$3.75$4.201280
—————$26.50—$4.00$4.8010
—————$27.50—$5.00$5.8501
—————$28.00—$5.45$6.5501
—————$28.50—$5.85$7.1001

Forward $22.05. The 25-delta put carries -7.89 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 57.52%±2.10skew -3.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$6.50$8.25—$15.00—————
40$5.50$6.40—$16.00—————
30$4.80$5.30—$17.00—————
50$3.95$4.40—$18.00—————
40$2.60$3.75—$19.0063.53%$0.05$0.108742
849882$2.01$2.85—$20.0059.76%$0.14$0.2197518
50$1.77$2.32—$20.5058.49%$0.24$0.2983827
2120$1.31$1.71—$21.0055.70%$0.34$0.4012995
1215$1.05$1.38—$21.5056.84%$0.52$0.611,085448
55644$0.82$0.91—$22.0057.28%$0.75$0.85240130
375104$0.61$0.7058.18%$22.50—$1.03$1.1323325
1,357195$0.47$0.5159.18%$23.00—$1.20$1.4830146
216253$0.32$0.3758.78%$23.50—$1.40$2.10405
2,62012,132$0.24$0.2559.29%$24.00—$1.95$2.51595
1,1911,129$0.15$0.2160.78%$24.50—————
2541,770$0.11$0.1763.29%$25.00—$2.66$3.301750
—————$26.00—$3.55$4.75132
—————$26.50—$3.80$4.8040
381,329$0.04$0.0772.29%$27.00—$3.90$5.2021
14271$0.02$0.0677.74%$28.00—$4.45$6.6020
—————$29.00—$5.55$7.8021

Forward $22.07. The 25-delta put carries -3.08 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 55.78%±2.66skew -2.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$5.40$7.00—$16.00—————
01$4.70$6.35—$17.00—————
—————$19.0058.26%$0.12$0.171,00619
0531$2.17$3.10—$20.0055.72%$0.26$0.3210855
—————$20.5055.59%$0.38$0.45534
464$1.49$2.21—$21.0055.81%$0.54$0.6224373
250$1.30$1.46—$21.5056.72%$0.73$0.86079
40805$1.07$1.15—$22.0056.36%$0.96$1.0913971
10$0.83$0.9055.32%$22.50—$1.24$1.320100
4093$0.66$0.7256.10%$23.00—$1.55$1.638579
160$0.53$0.5757.08%$23.50—$1.58$2.1731
8201,476$0.41$0.4557.62%$24.00—$2.15$2.411981
3154$0.30$0.3457.19%$24.50—————
237236$0.24$0.2658.10%$25.00—$2.75$3.6051
34321$0.17$0.2359.46%$25.50—————
—————$26.00—$3.75$4.7052
340$0.09$0.1460.31%$26.50—————
91244$0.07$0.1261.99%$27.00—————
—————$28.00—$5.45$6.5050
—————$30.00—$6.55$9.0020
—————$31.00—$7.35$10.0510

Forward $22.09. The 25-delta put carries -2.03 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 56.57%±3.21skew -0.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$9.50$10.25—$12.50—————
28$6.00$7.75—$15.00—————
04$4.25$5.90—$17.50—————
—————$19.0058.14%$0.19$0.2912
10196$2.38$3.10—$20.0056.78%$0.39$0.481,960259
—————$20.5056.44%$0.52$0.6311
—————$21.0057.37%$0.73$0.814020
22$1.46$1.93—$21.5057.92%$0.93$1.0588
2213$1.28$1.46—$22.0057.48%$1.17$1.27710
7424,286$1.09$1.1456.32%$22.50—$1.44$1.543,861163
9226$0.85$0.9555.59%$23.00—$1.59$1.97224
2287$0.71$0.7856.29%$23.50—————
2171,148$0.58$0.6356.51%$24.00—————
2921$0.46$0.5156.57%$24.50—————
8766,296$0.36$0.4156.60%$25.00—$3.15$3.501,78517
2792$0.29$0.3457.41%$25.50—————
18831$0.23$0.2657.27%$26.00—————
—————$27.00—$3.65$5.5010
641,268$0.11$0.1659.81%$27.50—$4.95$5.801,7741
1013,048$0.04$0.0764.39%$30.00—$6.55$8.70600
0475$0.01$0.0366.79%$32.50—————

Forward $22.15. The 25-delta put carries -0.14 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 54.35%±3.52skew +1.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$6.40$9.05—$15.00—————
—————$19.0058.50%$0.27$0.40520
32$2.35$3.05—$20.0056.69%$0.49$0.6012695
010$1.68$2.54—$21.0056.06%$0.78$0.967376
7540$1.41$1.66—$22.0055.14%$1.19$1.403914
22228$0.96$1.1753.90%$23.00—$1.64$2.131093
6148$0.65$0.8454.46%$24.00—$2.10$2.87690
253630$0.41$0.6054.72%$25.00—$2.80$3.65311
962$0.29$0.4356.41%$26.00—————
32152$0.20$0.2957.16%$27.00—————
—————$28.00—$5.10$7.2020
—————$30.00—$6.90$8.85180
—————$31.00—$7.40$9.8510

Forward $22.24. The 25-delta put carries +1.97 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 54.47%±3.91skew +2.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$18.0058.44%$0.20$0.291,09910
—————$19.0057.46%$0.33$0.50324
14107$2.38$3.15—$20.0057.58%$0.60$0.772925
01$1.95$3.20—$21.0055.77%$0.89$1.1111010
187167$1.56$1.82—$22.0055.14%$1.32$1.561279
248299$1.11$1.3454.20%$23.00—$1.87$2.12134
1765$0.78$0.9854.15%$24.00—$2.25$2.9920
7577$0.55$0.7455.23%$25.00—$2.97$3.80310
1764$0.38$0.5255.30%$26.00—————
6597$0.26$0.3856.01%$27.00—————
136$0.09$0.1558.81%$30.00—$6.30$8.8060

Forward $22.25. The 25-delta put carries +2.29 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 60.56%±6.59skew +1.18
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$9.10$10.95—$12.50—————
060$6.95$8.70—$15.0063.71%$0.22$0.324054
3208$5.35$5.70—$17.5062.01%$0.67$0.75489225
3807$3.50$4.20—$20.0061.02%$1.47$1.551,79437
97607$2.26$2.3360.62%$23.00—$2.97$3.056,629776
4,2594,857$1.55$1.6360.13%$25.00—$4.25$4.403,3750
881,441$0.86$0.9259.84%$28.00—$5.80$6.907520
7212,093$0.58$0.6360.10%$30.00—$7.80$8.9053330
82,090$0.29$0.4261.38%$33.00—$10.60$11.602,1860
—————$35.00—$12.65$14.101,3878
—————$38.00—$14.55$16.701,5760
74,492$0.09$0.1263.65%$40.00—$16.45$18.101,2880
—————$45.00—$21.55$23.85150
21,810$0.01$0.0587.17%$65.00—————
66,410$0.01$0.0490.31%$70.00—————

Forward $22.28. The 25-delta put carries +1.18 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 58.71%±7.36skew +1.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
055$9.30$11.10—$12.50—————
0126$7.20$8.40—$15.0063.16%$0.38$0.451,47741
2779$5.35$6.35—$17.5060.38%$0.86$0.958209
11867$3.85$4.35—$20.0059.62%$1.72$1.8226,68042
501,052$2.57$2.6858.93%$23.00—$3.20$3.352,998146
17012,786$1.85$1.9558.30%$25.00—$4.45$4.606,8098
232,092$1.12$1.2358.53%$28.00—$5.95$7.054,2780
1226,740$0.79$0.8557.99%$30.00—$7.70$8.859,8890
1611,769$0.41$0.6058.62%$33.00—$9.80$11.902310
—————$35.00—$11.90$13.652,4250
—————$37.00—$14.20$15.451,6170
—————$40.00—$16.70$18.101850
1,50317,494$0.05$0.0866.25%$50.00—————
01,010$0.01$0.0685.43%$75.00—————

Forward $22.34. The 25-delta put carries +1.63 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.