Options Skew Analytics

EEM option chain

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

Data as of 6 November 2026 (end of day)

2026-11-13(7 days)ATM 33.49%±2.75skew +7.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
118$4.45$4.70—$55.0044.30%$0.15$0.211,8151,732
01$3.55$3.85—$56.0041.80%$0.24$0.31118568
—————$57.0038.72%$0.37$0.441,112101
36366$1.93$2.01—$58.0035.76%$0.56$0.6510,888701
158156$1.25$1.35—$59.0034.09%$0.89$1.001,588826
239207$0.73$0.8432.68%$60.00—$1.34$1.4581281
43731$0.39$0.4431.19%$61.00—$2.02$2.121523
21778$0.27$0.3331.12%$61.50—$2.32$2.521,0831
59136$0.19$0.2330.98%$62.00—$2.63$2.9447919
321513$0.13$0.1630.95%$62.50—$3.10$3.701152
49699$0.08$0.1130.71%$63.00—$3.60$4.152472
—————$63.50—$4.05$4.303969
—————$64.00—$4.25$5.35561
—————$65.00—$4.55$7.1010
—————$65.50—$5.45$7.5513
—————$70.00—$9.40$12.6501

Forward $59.36. The 25-delta put carries +7.53 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 33.20%±3.86skew +7.18
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$4.55$6.35—$54.5041.27%$0.31$0.371,14720,312
4325$3.90$5.05—$55.0040.25%$0.37$0.4215,134454
04$3.95$4.80—$55.5039.10%$0.40$0.51529576
024$3.40$4.70—$56.0038.86%$0.50$0.6111,23033
—————$56.5037.90%$0.62$0.676,887149
07$3.05$3.20—$57.0036.83%$0.72$0.7750,67330,480
445$2.72$2.88—$57.5036.72%$0.85$0.956,0617,155
325352$2.34$2.48—$58.0035.77%$0.99$1.0932,07415,606
06$2.01$2.22—$58.5035.05%$1.16$1.2637310
548$1.70$1.86—$59.0033.95%$1.35$1.425,318328
115$1.38$1.5833.20%$59.50—$1.56$1.6429035
703436$1.20$1.3133.18%$60.00—$1.76$1.8919,01115
148$0.98$1.1233.05%$60.50—$1.98$2.179690
152370$0.78$0.8932.12%$61.00—$2.18$2.4612,9293,541
49558$0.60$0.7031.24%$61.50—$2.66$2.80894107
8983,558$0.46$0.5530.71%$62.00—$2.88$3.2516,7532
89485$0.36$0.4230.37%$62.50—$3.40$3.555,8252
48713,453$0.28$0.3330.35%$63.00—$3.55$4.2516,2517
392774$0.21$0.2630.30%$63.50—$4.25$4.5578712
1571,342$0.16$0.2030.31%$64.00—$4.15$5.301,4400
131784$0.12$0.1630.50%$64.50—$4.55$5.955330

Forward $59.38. The 25-delta put carries +7.18 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 30.33%±4.33skew +6.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$17.75$21.55—$40.00—————
—————$55.0036.53%$0.42$0.5951052
—————$56.0034.98%$0.58$0.75211
—————$57.0034.41%$0.85$0.99270
—————$58.0032.27%$1.07$1.252,4816
01$1.91$2.10—$59.0030.88%$1.40$1.624070
010$1.37$1.5830.07%$60.00—$1.88$2.0851615
1202$0.95$1.1329.30%$61.00—$2.48$2.64845
554$0.78$0.9128.68%$61.50—$2.79$2.9716346
1220$0.65$0.7528.60%$62.00—$3.10$3.3527982
4063$0.51$0.6528.64%$62.50—$3.45$3.80339263
3432$0.37$0.5428.14%$63.00—————
—————$63.50—$3.25$5.4050
1113$0.26$0.3528.42%$64.00—$3.70$6.10100
—————$64.50—$4.15$6.75100
50147$0.15$0.2328.29%$65.00—$5.00$6.851100
—————$65.50—$5.45$6.95860
—————$66.00—$6.05$8.0050
4356$0.05$0.1129.10%$67.00—$6.85$8.6010

Forward $59.50. The 25-delta put carries +6.34 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 30.00%±4.95skew +5.64
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$55.0035.21%$0.54$0.765360
—————$56.0034.73%$0.71$1.041233
01$3.50$3.75—$57.0033.46%$1.04$1.1829943
01$2.77$3.05—$58.0032.11%$1.26$1.532022
—————$58.5031.58%$1.47$1.67756
—————$59.0030.62%$1.61$1.865168
—————$59.5030.00%$1.79$2.0970
330$1.61$1.9129.99%$60.00—$2.09$2.32128
—————$60.50—$2.13$2.5810
118$1.16$1.3528.46%$61.00—$2.62$2.87440
146$0.96$1.1628.09%$61.50—$2.96$3.40320
01,044$0.82$1.0828.83%$62.00—$3.25$3.553250
536$0.64$0.8727.79%$62.50—————
481$0.56$0.8529.09%$63.00—————
1,25712$0.42$0.5929.12%$64.00—————
—————$64.50—$5.30$5.6512
—————$66.00—$5.75$7.7510

Forward $59.55. The 25-delta put carries +5.64 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 30.07%±5.54skew +4.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$55.0034.78%$0.74$0.94627
—————$56.0033.74%$0.96$1.151262
—————$57.0032.91%$1.19$1.47139
—————$58.0032.92%$1.40$2.04472
—————$59.0030.24%$1.76$2.2010
—————$60.00—$2.31$2.5812
—————$60.50—$2.45$2.85110
221$1.38$1.6929.91%$61.00—$2.78$3.3510
051$1.20$1.5029.81%$61.50—$3.10$3.40460
23$1.06$1.2229.10%$62.00—————
7010$0.78$0.9529.08%$63.00—————
14$0.65$0.8128.75%$63.50—$3.60$5.30160
04$0.37$0.6029.30%$65.00—————
01$0.32$0.5229.44%$65.50—————
—————$66.00—$5.60$8.35130

Forward $59.46. The 25-delta put carries +4.99 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 30.57%±6.16skew +7.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
056$5.85$6.70—$54.0037.00%$0.83$0.9936,0888,240
66,676$5.30$5.65—$55.0036.05%$1.03$1.2070,06420,459
03,010$4.40$4.85—$56.0035.34%$1.18$1.5742,11515
08,398$3.80$4.10—$57.0034.62%$1.61$1.7551,98311,273
02$3.35$3.75—$57.5035.23%$1.62$2.2387212
07,540$3.10$3.40—$58.0033.37%$1.87$2.1233,786226
—————$58.5034.06%$2.00$2.55173309
211,240$2.44$2.80—$59.0033.17%$2.34$2.5559,01011,124
116,046$2.17$2.9032.23%$59.50—$2.46$2.794,815102
819,638$1.82$2.2628.88%$60.00—$2.81$3.0570,66359
30050$1.69$1.9628.83%$60.50—$3.00$3.85972
7501,983$1.60$1.7929.66%$61.00—$3.30$3.657,340104
1561,472$1.41$1.5229.01%$61.50—$3.65$3.951,6974
25756,022$1.24$1.3128.66%$62.00—$3.95$4.5535,712863
1051,114$1.08$1.2028.84%$62.50—$4.30$4.701,3104
1,6328,200$0.94$0.9728.12%$63.00—$4.65$5.0521,55390
87280$0.80$0.9728.88%$63.50—$4.50$5.60774
17332,504$0.69$0.7527.99%$64.00—$5.50$6.0540,3904
066$0.59$0.6928.25%$64.50—$4.40$6.555,0032
12280,497$0.51$0.5627.89%$65.00—$6.20$6.6579,75410
2911,039$0.43$0.5228.19%$65.50—$6.60$8.001,8520

Forward $59.41. The 25-delta put carries +7.17 volatility points over the 25-delta call.

2026-12-31(55 days)ATM 28.89%±6.64skew +5.95
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$11.00$14.60—$47.00—————
017$8.15$11.80—$50.00—————
—————$51.0037.26%$0.47$0.772690
—————$53.0035.23%$0.77$1.031,2320
04$5.10$7.15—$55.0033.05%$1.13$1.431830
0158$4.60$5.00—$56.0033.37%$1.30$1.971050
021$3.85$4.70—$57.0032.12%$1.75$2.075790
—————$58.0030.83%$2.07$2.382830
011$2.57$2.98—$59.0029.44%$2.40$2.762270
1105$2.02$2.4628.58%$60.00—$2.99$3.254254
11368$1.60$2.0128.17%$61.00—$3.40$3.851990
160$1.22$1.6427.77%$62.00—$4.10$4.505210
273$1.00$1.3428.11%$63.00—$4.75$5.2023220
013$0.73$0.9827.09%$64.00—————
0124$0.54$0.8527.58%$65.00—$5.10$8.35140
019$0.40$0.6327.20%$66.00—$5.90$8.901260
—————$67.00—$7.10$9.80230
—————$68.00—$7.95$10.6540
—————$69.00—$8.50$12.0530
—————$70.00—$9.45$13.0010
—————$75.00—$14.10$18.3520

Forward $59.20. The 25-delta put carries +5.95 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 28.89%±7.50skew +5.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$53.5032.34%$0.95$1.231985
131,000$6.25$6.70—$54.0032.23%$1.09$1.3412,03366
—————$54.5032.00%$1.23$1.452670
13722$5.50$6.25—$55.0032.01%$1.41$1.5838,199196
—————$55.5031.83%$1.47$1.82013
0429$4.85$5.30—$56.0031.27%$1.52$2.0235,7930
—————$56.5031.40%$1.75$2.191110
0250$4.05$5.15—$57.0030.78%$1.97$2.2510,3071
8323$3.45$3.95—$58.0030.18%$2.29$2.6814,53922
036$2.56$3.60—$58.5029.53%$2.53$2.78132116
234250$3.00$3.25—$59.0029.30%$2.76$3.0036,010254
227163$2.72$2.9928.96%$59.50—$3.00$3.2523245
3616,362$2.48$2.7528.79%$60.00—$3.25$3.5056,476233
1721,106$2.23$2.4228.00%$60.50—$3.50$3.851,00329
2163,295$1.87$2.2027.07%$61.00—$3.70$4.2040,5370
050$1.67$2.4829.30%$61.50—$4.05$4.45960
014,297$1.40$1.8126.27%$62.00—$4.35$4.804,4930
—————$62.50—$4.50$6.302,3080
0448$1.22$1.9729.37%$63.00—$5.00$5.4519,98041
1116,746$0.97$1.2026.63%$64.00—$5.75$6.1511,2691
1148,452$0.74$1.0226.75%$65.00—$6.55$7.1542,7608

Forward $59.25. The 25-delta put carries +5.25 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.