Options Skew Analytics

ELV option chain

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

Data as of 6 November 2026 (end of day)

2026-12-18(42 days)ATM 31.78%±46.27skew +2.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
024$126.90$135.70—$300.00—————
030$117.00$125.80—$310.00—————
018$107.20$115.90—$320.00—————
013$97.30$102.80—$330.00—————
07$87.60$93.00—$340.00—————
023$77.90$82.90—$350.00—————
018$68.30$77.00—$360.00—————
011$59.00$67.70—$370.00—————
07$50.00$55.90—$380.00—————
088$41.40$50.10—$390.00—————
058$33.60$39.50—$400.0033.13%$6.30$8.602050
056$28.70$32.30—$410.0032.63%$9.20$11.60260
078$22.10$25.10—$420.0032.47%$13.20$15.40421
092$16.50$19.6031.80%$430.00—$17.60$19.9070
1279$12.70$14.7031.69%$440.00—$22.60$25.40190
064$8.50$11.0030.80%$450.00—$29.20$31.70110
1104$6.30$8.0031.02%$460.00—$36.50$38.8040
3117$4.60$6.6032.27%$470.00—$43.50$49.4040
17100$3.60$4.6032.64%$480.00—$52.20$58.0070
—————$490.00—$61.30$67.0070
—————$500.00—$67.60$76.0030

Forward $429.30. The 25-delta put carries +2.11 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 31.24%±58.90skew +2.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
049$117.80$123.30—$310.00—————
0202$108.20$116.90—$320.00—————
030$98.60$104.40—$330.00—————
030$89.10$95.00—$340.00—————
098$80.10$85.60—$350.00—————
052$71.00$78.20—$360.00—————
055$62.00$70.50—$370.0033.77%$3.50$5.801310
0112$53.70$59.20—$380.0033.18%$5.50$7.102520
2110$47.30$51.60—$390.0032.44%$6.80$9.803070
2178$40.20$43.90—$400.0032.37%$10.40$12.002305
0158$32.40$37.10—$410.0031.54%$12.50$15.90730
1209$26.30$31.30—$420.0031.42%$16.70$19.901731
0193$21.50$25.70—$430.0031.33%$21.70$24.501180
2422$17.50$20.5031.05%$440.00—$26.70$29.901500
0826$12.90$16.6030.36%$450.00—$33.20$38.40460
0145$9.80$13.4030.32%$460.00—$39.40$44.80141
0662$7.90$10.2030.36%$470.00—$46.80$51.70110
0187$5.50$7.8029.79%$480.00—$54.30$60.4030
1135$4.10$6.3030.16%$490.00—$62.20$68.9010
—————$510.00—$79.70$86.8090
—————$530.00—$97.10$105.0050

Forward $430.50. The 25-delta put carries +2.01 volatility points over the 25-delta call.

2027-03-19(133 days)ATM 33.48%±87.55skew +3.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$104.10$109.50—$330.0038.65%$4.60$5.80211
03$95.40$100.40—$340.00—————
035$86.80$92.00—$350.00—————
015$78.70$84.10—$360.0036.64%$8.80$10.50165
043$71.00$76.60—$370.0035.96%$10.50$12.80380
047$63.20$71.20—$380.0035.83%$13.20$15.601210
052$56.30$64.90—$390.0035.53%$16.30$18.50230
061$50.00$55.00—$400.0034.90%$19.10$21.90400
156$44.00$49.00—$410.0034.65%$22.90$25.80271
1282$39.10$43.00—$420.0034.37%$27.10$30.10370
0126$33.00$38.40—$430.0033.37%$30.20$34.90140
0314$29.90$33.2033.66%$440.00—$34.80$40.101280
0255$23.10$28.9032.16%$450.00—$40.50$48.001220
026$19.60$25.2032.14%$460.00—$48.20$54.0020
0102$18.80$21.3032.98%$470.00—$52.40$60.7020
017$14.10$18.7032.10%$480.00—$59.00$67.10520
119$12.40$15.0031.82%$490.00—$67.80$74.9060
0132$10.50$13.2032.14%$500.00—$76.00$82.7020
03$7.60$11.3031.42%$510.00—$85.80$90.8010
762$8.00$9.6032.67%$520.00—————
023$6.50$8.6032.89%$530.00—————

Forward $433.20. The 25-delta put carries +3.70 volatility points over the 25-delta call.

2027-06-17(223 days)ATM 33.91%±115.25skew +0.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$163.00$169.00—$270.00—————
05$145.00$150.90—$290.00—————
01$110.00$116.80—$330.00—————
02$102.00$108.90—$340.0035.06%$7.90$12.70290
—————$360.0034.69%$12.40$17.50170
04$80.00$86.60—$370.0035.11%$16.20$20.50750
02$73.00$79.70—$380.0034.41%$18.40$23.50340
01$67.60$72.40—$390.0034.58%$22.60$27.00260
04$61.00$66.40—$400.0034.81%$28.00$30.20122
01$55.30$61.10—$410.0034.34%$30.80$35.004120
067$50.00$55.30—$420.0034.13%$35.20$39.5050
012$45.00$50.30—$430.00—————
0205$40.10$45.4034.13%$440.00—$45.90$49.7033
012$36.00$40.9033.92%$450.00—$51.90$55.1020
09$31.80$37.1033.70%$460.00—$56.90$61.9020
019$29.60$32.8033.82%$470.00—————
031$24.50$30.2033.25%$480.00—————
044$21.90$27.0033.20%$490.00—————
020$18.90$24.2032.94%$500.00—————
058$14.10$18.6032.25%$520.00—————
053$11.90$16.7033.70%$540.00—————

Forward $434.82. The 25-delta put carries +0.71 volatility points over the 25-delta call.

2027-09-17(315 days)ATM 34.10%±139.01skew +3.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$158.00$167.00—$280.00—————
01$141.00$147.90—$300.00—————
—————$340.0035.85%$12.00$19.4040
—————$350.0034.99%$14.80$20.30330
—————$360.0036.18%$19.00$24.90250
—————$370.0035.66%$23.50$25.90142
—————$380.0035.58%$27.50$29.002518
—————$390.0035.66%$31.00$33.6061
03$70.00$76.60—$400.0035.32%$34.30$37.8010
02$66.40$71.20—$410.0034.83%$38.90$40.8012
—————$420.0034.88%$42.80$46.6050
03$55.00$61.70—$430.0034.97%$46.80$53.0030
08$46.00$52.3034.41%$450.00—————
011$42.00$47.6034.05%$460.00—$63.00$67.80320
344$41.70$44.3035.15%$470.00—————
022$37.30$40.2034.54%$480.00—————
039$31.50$39.7034.49%$490.00—————
014$29.10$34.5033.87%$500.00—————
03$22.50$29.5033.36%$520.00—————
03$17.20$23.8032.47%$540.00—————
05$14.50$19.8032.63%$560.00—————

Forward $438.77. The 25-delta put carries +3.03 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.