Options Skew Analytics

EL 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 36.90%±6.13skew +1.80
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$13.40$16.10—$85.00—————
23$12.50$15.10—$86.00—————
25$11.50$13.90—$87.00—————
23$10.90$13.20—$88.00—————
22$9.50$12.40—$89.00—————
23$8.60$10.90—$90.00—————
218$7.70$10.00—$91.00—————
24$6.70$9.10—$92.00—————
21$6.00$8.20—$93.00—————
24$5.00$7.20—$94.00—————
210$5.10$6.60—$95.00—————
09$3.90$5.70—$96.0038.28%$0.75$1.055924
020$4.00$5.40—$97.0037.28%$0.90$1.35416
2114$3.60$4.30—$98.0037.13%$1.25$1.6572
14425$3.00$3.40—$99.0036.42%$1.55$2.05100
16151$2.45$2.75—$100.0037.05%$2.00$2.6091
1717$1.95$2.2536.66%$101.00—$2.50$3.0060
0144$1.50$1.8536.43%$102.00—————
08$1.10$1.5035.99%$103.00—$3.70$5.7030
1411$0.80$1.2035.78%$104.00—————
1621$0.65$0.9536.48%$105.00—$5.10$7.5030

Forward $100.30. The 25-delta put carries +1.80 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 35.56%±7.70skew +1.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
23$9.80$13.00—$89.00—————
23$8.90$11.40—$90.0039.81%$0.30$0.505226
25$8.00$10.30—$91.00—————
43$7.40$9.60—$92.00—————
42$6.50$8.60—$93.0037.84%$0.60$0.9001
42$5.70$7.90—$94.0037.34%$0.75$1.1010
23$5.00$7.10—$95.0037.10%$0.95$1.3535
21$4.30$6.10—$96.0036.31%$1.15$1.6030
40$3.70$5.50—$97.0036.33%$1.50$1.90310
—————$98.0035.45%$1.75$2.2510
03$3.00$4.10—$99.00—————
019$2.85$3.50—$100.0034.97%$2.60$3.1012
11$2.55$3.0035.84%$101.00—$3.10$3.6010
22$2.10$2.6035.83%$102.00—————
—————$103.00—$4.20$6.2010
01$1.40$1.8535.57%$104.00—————
019$1.10$1.6035.70%$105.00—————
050$0.90$1.3035.61%$106.00—————
—————$107.00—$6.40$9.4010
10$0.55$0.9035.73%$108.00—————
01$0.45$0.7536.14%$109.00—————

Forward $100.33. The 25-delta put carries +1.48 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 35.99%±9.27skew +0.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
41$11.90$14.50—$87.00—————
40$11.00$13.50—$88.00—————
41$10.20$12.60—$89.00—————
7844$10.80$11.50—$90.00—————
40$8.50$10.60—$91.0038.67%$0.60$1.0030
41$7.90$9.80—$92.0038.11%$0.75$1.1530
22$6.80$8.90—$93.0037.91%$0.90$1.40020
40$6.10$8.30—$94.0037.32%$1.15$1.55020
13991$6.90$7.40—$95.0036.68%$1.35$1.801602
20$4.60$6.80—$96.00—————
—————$98.0035.80%$2.30$2.80011
63$4.00$5.50—$99.00—————
702,657$3.70$4.10—$100.0036.17%$3.30$3.708272
07$3.10$3.7035.94%$101.00—$3.70$4.20010
06$2.60$3.2035.28%$102.00—————
01$2.20$2.7534.94%$103.00—————
41$1.85$2.4034.94%$104.00—————
851,543$1.75$2.0535.87%$105.00—$6.30$7.301930
11$1.30$1.8535.34%$106.00—————
20$1.25$1.5536.16%$107.00—————
40744$0.60$0.9034.88%$110.00—$9.70$12.30430

Forward $100.40. The 25-delta put carries +0.52 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 37.31%±10.85skew +0.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
44$11.30$13.70—$88.00—————
45$10.40$12.80—$89.0036.25%$0.55$0.8502
55$9.90$11.90—$90.00—————
62$8.70$11.30—$91.0036.20%$0.85$1.2516
469$8.30$10.50—$92.00—————
65$7.50$10.20—$93.00—————
42$7.00$8.60—$94.00—————
813$6.30$8.00—$95.00—————
21$5.00$7.40—$96.00—————
21$4.60$6.50—$97.00—————
012$4.20$6.00—$98.00—————
—————$99.0032.93%$3.10$3.7020
011$3.70$4.7037.09%$100.00—————
—————$101.00—$4.10$4.70100
01$3.00$3.8037.68%$102.00—————
11$2.65$3.3037.30%$103.00—$5.10$7.2020
02$2.35$2.8537.05%$104.00—————
13$2.10$2.5537.43%$105.00—————
01$1.45$2.0537.11%$107.00—————
09$1.20$1.6536.06%$108.00—————
30$0.75$1.1036.41%$111.00—————

Forward $99.81. The 25-delta put carries +0.14 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 35.39%±11.49skew +3.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
44$14.20$16.90—$85.00—————
44$13.90$16.30—$86.00—————
44$12.40$15.00—$87.00—————
43$11.80$14.00—$88.00—————
44$10.90$13.20—$89.00—————
43$9.90$12.40—$90.0038.03%$0.90$1.4020
45$9.10$11.50—$91.0038.48%$1.05$1.7522
47$8.30$11.50—$92.00—————
42$7.60$10.00—$93.00—————
44$6.90$10.30—$94.00—————
53$6.20$8.40—$95.00—————
24$6.00$7.60—$96.0036.61%$2.40$2.9520
21$5.00$7.10—$97.00—————
—————$98.0036.01%$3.10$3.7010
50$4.60$6.30—$99.0036.02%$3.50$4.2036
023$3.90$5.30—$100.00—————
04$3.50$4.3035.14%$102.00—————
20$3.10$3.8034.83%$103.00—————
53$2.35$3.0034.40%$105.00—$6.60$8.8040
01$1.75$2.5034.81%$107.00—————
69$1.15$1.6534.54%$110.00—————

Forward $100.61. The 25-delta put carries +3.94 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 44.95%±18.23skew +3.31
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$75.0051.28%$0.45$0.7508
04$19.90$22.40—$80.0048.54%$0.80$1.204025
—————$85.0047.77%$1.60$2.0032
04$12.40$14.30—$90.0046.83%$2.75$3.20319
214$9.70$10.70—$95.0045.80%$4.40$4.801811
4268$7.40$7.90—$100.0045.16%$6.60$7.0047
698$5.20$5.7044.73%$105.00—————
7113$3.50$3.9043.95%$110.00—————
38$2.30$2.6043.52%$115.00—$16.10$18.3010
426$1.50$1.7543.66%$120.00—————
528$0.75$1.1542.50%$125.00—$24.70$27.10014
347$0.45$0.7542.71%$130.00—————

Forward $100.86. The 25-delta put carries +3.31 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 42.22%±20.80skew +2.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$63.40$67.50—$35.00—————
02$53.80$56.90—$45.00—————
035$48.80$51.50—$50.00—————
01$43.80$47.50—$55.00—————
06$39.00$42.60—$60.00—————
012$34.10$36.60—$65.00—————
037$30.10$31.80—$70.0046.48%$0.35$0.504170
10137$24.70$27.00—$75.0046.53%$0.80$0.951,4584
085$20.30$22.60—$80.0045.21%$1.20$1.751480
0133$16.20$18.80—$85.0043.68%$2.25$2.402911
0199$12.60$14.80—$90.0043.70%$3.40$4.102030
20176$11.20$11.70—$95.0043.20%$5.20$5.904990
8523$8.50$8.90—$100.0042.62%$7.50$8.104150
2633$6.30$6.6041.97%$105.00—$10.30$10.806490
121,573$4.50$4.8041.37%$110.00—$13.10$15.604210
47805$3.00$3.5040.75%$115.00—$16.90$19.20660
2225$2.20$2.5041.17%$120.00—$20.80$23.10110
2210$1.50$1.7541.07%$125.00—$25.20$27.50100
—————$130.00—$29.70$32.10640
—————$135.00—$34.30$36.80621
—————$145.00—$43.60$46.7005

Forward $100.91. The 25-delta put carries +2.52 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 37.94%±21.54skew +1.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
081$58.70$61.90—$40.00—————
071$53.70$56.90—$45.00—————
0126$48.80$52.00—$50.00—————
0161$44.70$47.40—$55.00—————
0625$39.10$41.50—$60.00—————
0235$35.10$36.90—$65.00—————
0415$29.80$32.40—$70.00—————
51,360$25.30$27.60—$75.00—————
0492$21.00$23.30—$80.0043.23%$1.80$2.004,6131
0363$17.30$19.40—$85.0041.84%$2.70$3.008214
01,974$13.60$15.70—$90.0041.45%$4.10$4.502,31914
1783$12.10$12.60—$95.0041.23%$5.90$6.501,3272
22,300$9.40$9.90—$100.0040.87%$8.20$8.801,1110
2512$5.80$7.6037.20%$105.00—$11.10$11.608100
232,953$5.40$5.7039.81%$110.00—$14.30$15.301860
2431$3.30$4.3037.94%$115.00—$17.40$19.604230
19752$2.90$3.2039.54%$120.00—$21.30$23.501740
12,063$1.65$2.4038.19%$125.00—$25.30$27.80240
4511$1.55$1.7539.78%$130.00—$29.70$32.40390
15939$1.15$1.2539.90%$135.00—————
—————$150.00—$47.80$51.807500

Forward $101.17. The 25-delta put carries +1.91 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.