Options Skew Analytics

ECHO option chain

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

Data as of 22 September 2026 (end of day)

2026-10-02(10 days)ATM 42.97%±6.80skew +0.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$10.40$13.60—$84.00—————
02$9.40$12.30—$85.00—————
056$8.90$11.30—$86.00—————
013$7.90$10.30—$87.00—————
012$7.10$9.50—$88.00—————
02$5.90$8.60—$89.00—————
014$5.30$6.80—$90.0042.83%$0.55$0.90152
04$4.30$6.80—$91.00—————
016$3.60$6.00—$92.00—————
08$3.70$5.40—$93.0043.74%$1.45$1.8052
09$3.00$4.10—$94.0043.83%$1.80$2.25133
543$2.85$3.20—$95.0044.20%$2.30$2.70720
10234$2.35$2.6542.86%$96.00—$2.75$3.1070
325$1.90$2.2542.96%$97.00—————
431$1.55$1.8542.97%$98.00—————
02$1.10$1.7043.37%$99.00—$4.00$5.4040
21,077$0.95$1.2042.43%$100.00—————
063$0.70$1.0042.46%$101.00—$5.30$7.4020
036$0.55$0.8042.73%$102.00—————
025$0.40$0.6542.80%$103.00—————
329$0.30$0.5046.09%$105.00—$8.50$10.6020

Forward $95.57. The 25-delta put carries +0.40 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 42.79%±8.82skew -0.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$8.80$11.70—$86.00—————
01$7.90$10.90—$87.00—————
01$7.10$10.00—$88.00—————
06$6.30$9.10—$89.0041.88%$0.85$1.2010
2063$6.00$7.60—$90.0042.29%$1.00$1.60660
20$5.60$7.40—$91.0041.70%$1.40$1.7010
—————$92.0042.30%$1.75$2.1010
08$4.50$6.20—$93.0042.26%$1.95$2.65210
03$3.90$5.50—$94.0042.29%$2.55$2.9020
09$3.30$4.10—$95.0042.67%$2.95$3.5030
404$3.10$3.5042.79%$96.00—$3.50$4.0020
01,000$2.50$3.2042.64%$97.00—$3.30$4.7020
64$2.15$2.8042.89%$98.00—$3.90$5.5010
01$1.75$2.4542.61%$99.00—————
148$1.50$2.1543.12%$100.00—$5.50$7.0050
014$1.35$1.7042.80%$101.00—————
013$1.15$1.4042.67%$102.00—————
320$0.90$1.2042.41%$103.00—————
145$0.60$0.8542.54%$105.00—$8.90$11.4030

Forward $95.55. The 25-delta put carries -0.37 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 42.17%±10.34skew -1.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
090$23.80$27.50—$70.00—————
0108$19.50$22.50—$75.00—————
0101$15.00$17.40—$80.00—————
1579$10.50$12.10—$85.0042.11%$0.55$0.803,4273
—————$89.0041.79%$1.35$1.601500
09,626$6.90$8.00—$90.0041.04%$1.60$1.803,5778
50$5.70$6.50—$92.00—————
53$5.30$5.70—$93.00—————
—————$94.0041.56%$2.90$3.6010
9667$3.90$4.70—$95.0042.33%$3.60$4.002,0643
54$3.60$4.3042.19%$96.00—$3.90$4.70184
30$3.10$3.9042.13%$97.00—————
20$2.85$3.4042.47%$98.00—————
01$2.50$3.0042.44%$99.00—$5.20$6.601400
243,100$2.30$2.5542.57%$100.00—$6.30$7.003371
5193,904$1.05$1.3042.37%$105.00—$10.10$11.301240
37$0.90$1.1042.28%$106.00—————
201,842$0.50$0.6043.02%$110.00—$13.90$15.401110
5001,222$0.15$0.2541.98%$115.00—$18.90$20.301002
—————$120.00—$22.70$26.306690
—————$125.00—$27.70$31.403810

Forward $95.65. The 25-delta put carries -1.32 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 42.48%±11.88skew -0.47
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$10.80$13.60—$85.0041.47%$0.75$1.0510
—————$86.0044.13%$1.00$1.5510
0306$8.80$10.10—$88.0042.53%$1.35$1.90160
—————$89.0042.80%$1.55$2.302218
011$7.20$9.10—$90.0042.70%$1.85$2.6033
01$6.10$7.70—$92.0042.81%$2.50$3.4050
0308$5.50$7.10—$93.0041.80%$2.90$3.6030
01$4.90$6.60—$94.0042.83%$3.50$4.10100
175$4.50$5.70—$95.00—————
—————$96.00—$4.50$5.2010
—————$97.00—$4.90$5.80100
011$2.50$3.5041.83%$100.00—————
20$2.00$2.7041.62%$102.00—————
014$1.60$2.5541.58%$103.00—$8.20$9.9001
—————$104.00—$8.90$10.7002
—————$105.00—$9.60$11.5001
02$1.20$1.9043.26%$106.00—————
041$0.60$0.9040.68%$110.00—————

Forward $95.96. The 25-delta put carries -0.47 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 46.08%±17.81skew +0.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$80.0046.76%$1.25$1.6066
—————$85.0046.52%$2.45$2.7091
111$9.90$11.00—$90.0045.99%$4.00$4.40103
5316$7.40$7.80—$95.0046.28%$6.30$6.70921
5039$5.20$5.6045.95%$100.00—$9.10$9.501833
328$3.60$4.0046.23%$105.00—————
022$2.45$2.7546.33%$110.00—————
085$1.65$1.9046.74%$115.00—————
014$1.10$1.5048.30%$120.00—————

Forward $96.11. The 25-delta put carries +0.19 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 45.62%±21.46skew -0.50
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
045$47.10$50.90—$47.00—————
028$44.00$48.00—$50.00—————
04$39.10$43.10—$55.00—————
061$34.50$38.20—$60.00—————
053$30.40$32.10—$65.00—————
0194$25.90$27.60—$70.00—————
0184$21.80$23.20—$75.0045.11%$0.95$1.404,3391,001
01,054$17.80$19.40—$80.0045.18%$2.05$2.209,9193
0833$14.50$15.60—$85.0045.21%$3.40$3.6040,0274
1310,022$11.40$12.20—$90.0044.96%$5.20$5.402,2646
261,264$8.90$9.20—$95.0045.38%$7.50$7.905,37579
3011,919$6.80$7.1045.68%$100.00—$10.30$10.705,58722
11905$5.10$5.4045.85%$105.00—$13.00$14.503,3130
73,583$3.70$4.1045.90%$110.00—$16.50$18.001510
982,448$2.55$3.1045.71%$115.00—$20.30$22.001702
720,927$2.00$2.2546.40%$120.00—$24.40$26.40780
1916,059$1.30$1.5545.45%$125.00—$29.00$30.904220
—————$130.00—$33.50$35.703,0610
12,253$0.65$0.9046.52%$135.00—$38.30$40.501250
05,775$0.55$0.7047.88%$140.00—$42.70$46.30170
02,692$0.35$0.5548.03%$145.00—$47.60$51.70230

Forward $96.36. The 25-delta put carries -0.50 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 44.78%±24.35skew -0.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01,091$49.40$53.00—$45.00—————
08$47.30$51.10—$47.00—————
0357$44.50$48.20—$50.00—————
052$39.70$43.30—$55.00—————
078$35.80$38.10—$60.00—————
0110$31.30$33.60—$65.00—————
8769$26.80$28.60—$70.0045.54%$0.75$1.255350
0477$22.70$24.10—$75.0046.82%$1.75$2.107,58515
0473$18.80$20.80—$80.0045.84%$2.80$3.101,3192
0866$15.50$17.20—$85.0045.38%$4.20$4.606543
01,612$12.50$13.80—$90.0045.19%$6.10$6.508180
0477$10.30$10.70—$95.0045.15%$8.50$8.801,6980
1312,028$8.10$8.4044.78%$100.00—$10.80$11.601,2430
31,485$6.30$6.7044.98%$105.00—$13.80$15.405290
11,402$4.90$5.2045.02%$110.00—$17.30$18.809893
34,751$3.70$4.0044.85%$115.00—$21.20$22.701,1200
43,848$2.85$3.2045.42%$120.00—$25.40$27.001,8000
74,246$2.05$2.4545.11%$125.00—$29.50$31.402,0180
25,226$1.60$2.1546.54%$130.00—$34.30$36.006240
03,094$1.10$1.7046.35%$135.00—$38.50$40.606280
07,591$1.00$1.3547.61%$140.00—$42.80$45.501,4970

Forward $96.87. The 25-delta put carries -0.05 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 46.17%±31.42skew -0.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$45.00$48.70—$50.00—————
—————$65.0046.48%$1.00$1.55370
042$28.40$30.40—$70.0046.36%$1.80$2.351,0061
—————$75.0046.00%$2.75$3.5020
050$21.30$23.00—$80.0045.76%$4.10$4.901,0420
021$18.00$19.70—$85.0045.72%$5.80$6.701500
24$15.30$16.90—$90.0045.50%$7.90$8.701011
469$12.90$13.60—$95.0045.94%$10.50$11.2016743
11,497$10.80$11.5046.07%$100.00—$13.10$14.004361
1355$9.00$9.7046.22%$105.00—$15.90$17.102490
159$7.40$8.1046.11%$110.00—$19.20$20.50520
06$6.00$6.8046.04%$115.00—————
11,046$5.00$5.6046.14%$120.00—$26.70$28.50100
027$4.00$4.7046.09%$125.00—$30.20$32.7050
02,515$3.30$3.9046.26%$130.00—————
027$2.70$3.3046.54%$135.00—————
01,391$2.15$2.7046.35%$140.00—————
021$1.75$2.2046.32%$145.00—————

Forward $97.45. The 25-delta put carries -0.53 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.