Options Skew Analytics

EEM 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 22.82%±1.43skew +2.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
013$10.10$10.35—$59.00—————
015$9.10$9.40—$60.00—————
01$8.60$8.90—$60.50—————
01$7.60$7.85—$61.50—————
02$6.60$6.90—$62.50—————
1527$6.10$6.40—$63.00—————
04$5.60$5.85—$63.50—————
21$5.10$5.35—$64.00—————
74$4.60$4.85—$64.50—————
02$4.10$4.40—$65.0037.88%$0.01$0.05258132
—————$65.5035.01%$0.01$0.0681497
4112$3.10$3.40—$66.00—————
0476$2.65$2.86—$66.5030.40%$0.03$0.093,197204
315630$2.18$2.43—$67.0027.96%$0.06$0.1011121
02,393$1.72$1.90—$67.50—————
174,517$1.30$1.51—$68.0024.17%$0.14$0.2182909
6164$0.93$1.09—$68.5023.67%$0.26$0.33107148
401,090$0.64$0.75—$69.0022.92%$0.43$0.50941,134
20177$0.40$0.4922.72%$69.50—$0.66$0.78313
333,463$0.20$0.2921.68%$70.00—————
147266$0.01$0.0222.51%$72.00—————

Forward $69.23. The 25-delta put carries +2.49 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 22.01%±2.52skew +2.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$6.20$6.45—$63.00—————
04$5.20$5.45—$64.0030.96%$0.06$0.125,5393
02$4.25$4.45—$65.00—————
320$3.30$3.55—$66.0025.80%$0.14$0.237650
08$2.89$3.10—$66.5025.03%$0.18$0.30195
2111$2.46$2.71—$67.0024.09%$0.24$0.37262
040$2.07$2.26—$67.5023.89%$0.36$0.4740
16682$1.75$1.88—$68.0023.10%$0.47$0.5912149
1115$1.37$1.51—$68.5022.70%$0.64$0.74793
139$1.08$1.21—$69.0021.96%$0.81$0.9301
0213$0.82$0.9822.03%$69.50—————
61,128$0.60$0.7421.56%$70.00—————
148$0.42$0.5621.32%$70.50—————
058$0.29$0.4021.04%$71.00—$2.00$2.2401
113$0.18$0.3020.96%$71.50—————
—————$73.00—$3.75$4.0002

Forward $69.28. The 25-delta put carries +2.85 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 21.91%±3.28skew +2.45
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$14.20$14.50—$55.00—————
04$5.80$6.10—$63.50—————
01$5.35$5.60—$64.00—————
01$3.95$4.30—$65.50—————
—————$66.0025.63%$0.34$0.436541
06$3.10$3.45—$66.5024.08%$0.35$0.50170
01$2.74$3.00—$67.0023.63%$0.45$0.6031
011$2.36$2.61—$67.5022.80%$0.59$0.661816
063$2.02$2.23—$68.0022.80%$0.72$0.8660
1128$1.70$1.95—$68.5022.49%$0.90$1.0327
1111$1.40$1.62—$69.00—————
088$1.14$1.2921.89%$69.50—————
649$0.95$1.0722.13%$70.00—$1.58$1.8120
022$0.70$0.8721.50%$70.50—$1.88$2.1210
1679$0.53$0.6921.22%$71.00—————
018$0.39$0.5621.18%$71.50—————
06$0.28$0.4421.04%$72.00—————

Forward $69.31. The 25-delta put carries +2.45 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 22.33%±3.97skew +2.92
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
030$5.95$6.20—$63.5028.71%$0.21$0.337760
47,947$5.50$5.75—$64.0028.00%$0.28$0.342,179605
012$5.05$5.30—$64.5027.00%$0.29$0.406021
836,123$4.70$4.85—$65.0026.34%$0.37$0.4322,1488
066$4.20$4.40—$65.5026.03%$0.45$0.5170620
420,625$3.75$4.05—$66.0024.97%$0.49$0.5830,870170
0691$3.40$3.60—$66.5024.67%$0.60$0.683,40466
112,920$3.05$3.25—$67.0024.34%$0.71$0.812,592138
12,813$2.67$2.86—$67.5023.88%$0.84$0.947975,186
1814,875$2.33$2.50—$68.0023.52%$1.00$1.096,631141
1491,903$2.02$2.18—$68.5023.06%$1.17$1.263,3882,633
2697,779$1.77$1.86—$69.0022.79%$1.37$1.47307218
2623,079$1.47$1.5922.33%$69.50—$1.56$1.71105127
2,31030,016$1.25$1.3622.34%$70.00—$1.87$2.071145
97642$1.06$1.1422.29%$70.50—————
7512,588$0.83$0.9521.81%$71.00—$2.46$2.69966
813,188$0.68$0.7921.79%$71.50—$2.83$3.0540
2949,938$0.55$0.6521.75%$72.00—$3.20$3.4530
12337$0.42$0.5421.62%$72.50—————
1913,584$0.34$0.4421.72%$73.00—$3.95$4.2510
—————$74.00—$4.80$5.1510

Forward $69.39. The 25-delta put carries +2.92 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 22.32%±4.51skew +2.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$64.0026.59%$0.31$0.485810
02$4.75$5.05—$65.00—————
03$4.30$4.80—$65.5024.95%$0.51$0.6860
—————$66.0024.87%$0.65$0.777324
—————$66.5024.09%$0.71$0.88821
02$3.15$3.50—$67.0024.00%$0.87$1.0130
05$2.82$3.15—$67.5023.67%$1.03$1.14620
—————$68.0023.30%$1.19$1.3050
0503$2.18$2.45—$68.5022.75%$1.34$1.483,5000
07$1.89$2.11—$69.0022.46%$1.54$1.6904
01$1.61$1.8722.34%$69.50—$1.79$1.9210
39$1.37$1.5921.92%$70.00—————
03$1.14$1.3721.66%$70.50—————
07$0.95$1.1921.63%$71.00—————
016$0.77$1.0221.46%$71.50—————
027$0.62$0.8521.20%$72.00—————
12$0.49$0.7521.32%$72.50—————
24$0.39$0.6321.26%$73.00—$3.85$4.4010

Forward $69.38. The 25-delta put carries +2.77 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 23.31%±5.22skew +3.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$62.0027.77%$0.23$0.3610602
—————$63.5027.14%$0.36$0.59382
—————$64.0026.25%$0.42$0.611515
—————$64.5026.30%$0.54$0.69113,014
010$4.90$5.25—$65.0025.75%$0.58$0.807833
—————$65.5025.21%$0.69$0.8641
—————$66.0024.80%$0.77$0.99213
014$3.75$4.10—$66.5024.23%$0.88$1.0970
05$3.35$3.70—$67.0024.33%$1.11$1.2010644
—————$67.5023.78%$1.20$1.3840
09$2.72$2.99—$68.0023.53%$1.39$1.541692
07$2.42$2.73—$68.5022.85%$1.51$1.7310
27723$2.13$2.40—$69.00—————
112$1.86$2.1523.32%$69.50—————
0528$1.61$1.8622.83%$70.00—$2.24$2.5102
13$1.38$1.6322.58%$70.50—————
1212$1.22$1.4322.68%$71.00—————
121$0.99$1.2322.14%$71.50—————
14$0.83$1.0621.97%$72.00—$3.35$3.8510
06$0.69$0.9622.17%$72.50—————
27$0.56$0.7521.45%$73.00—————

Forward $69.36. The 25-delta put carries +3.35 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 23.33%±6.53skew +3.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0345$5.90$6.25—$64.5026.52%$0.92$1.061342
0164$5.50$5.85—$65.0025.98%$1.01$1.1415,17065
—————$65.5025.62%$1.10$1.27360
5239$4.75$5.10—$66.0024.53%$1.16$1.3114,7684
0290$4.40$4.75—$66.5024.56%$1.36$1.441320
01,550$4.05$4.30—$67.0024.35%$1.52$1.591,36316
063$3.70$4.05—$67.5024.07%$1.67$1.76470
0656$3.40$3.70—$68.0023.80%$1.85$1.936371
1999$3.10$3.40—$68.5023.41%$2.01$2.12180
63,446$2.84$3.15—$69.0023.35%$2.24$2.342051
093$2.58$2.74—$69.5023.56%$2.43$2.691740
3717,714$2.33$2.4623.28%$70.00—$2.69$2.942733
13594$2.08$2.2323.10%$70.50—$2.98$3.25113
251,163$1.86$2.0122.96%$71.00—$3.25$3.50160
332,233$1.66$1.8122.86%$71.50—————
43948$1.47$1.6222.72%$72.00—$3.80$4.151720
4917$1.30$1.4422.59%$72.50—————
21912,081$1.14$1.2822.46%$73.00—$4.55$4.8580
62452$1.00$1.1422.40%$73.50—$4.90$5.2530
69170$0.87$1.0122.32%$74.00—$5.30$5.6530
6836$0.75$0.9322.44%$74.50—————

Forward $69.60. The 25-delta put carries +3.54 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 24.10%±8.17skew +3.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0234$9.15$13.10—$59.0030.24%$0.57$0.7126,3891,431
023,849$8.30$10.80—$60.0029.51%$0.68$0.8249,86167
01,939$7.40$11.40—$61.0028.15%$0.80$0.856,652136
016,004$6.55$10.50—$62.0027.51%$0.96$0.9930,084150
—————$63.0027.46%$1.12$1.2914,5860
—————$64.0026.39%$1.23$1.5030,1560
276,223$5.95$6.50—$65.0026.23%$1.56$1.7471,573102
—————$66.0025.39%$1.83$1.963,6270
06,445$4.55$5.00—$67.0024.60%$2.08$2.2811,8083
067,548$3.90$4.30—$68.0024.66%$2.48$2.7573,24298
8697$3.30$3.60—$69.0024.31%$2.89$3.202160
1680,196$2.80$3.1024.07%$70.00—$3.35$3.7017,7370
28523$2.33$2.6323.69%$71.00—$4.00$4.25170
031,763$1.91$2.1222.98%$72.00—————
04,104$1.56$1.8122.94%$73.00—————
09,688$1.26$1.5122.80%$74.00—————
1077,776$1.01$1.2422.63%$75.00—————
04,700$0.82$1.0222.64%$76.00—$5.85$9.7550
3932,030$0.65$0.8322.56%$77.00—$6.65$10.5560
0184$0.45$0.7022.30%$78.00—————
058$0.44$0.5722.96%$79.00—$8.45$12.3530

Forward $69.41. The 25-delta put carries +3.76 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.