Options Skew Analytics

EPD option chain

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

Data as of 25 September 2026 (end of day)

2026-10-16(21 days)ATM 16.92%±1.50skew +2.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
80$11.55$12.05—$25.00—————
—————$32.0031.92%$0.01$0.05220
01$1.63$2.26—$35.00—————
075$0.98$1.29—$36.0018.45%$0.24$0.3047272
160$0.65$1.00—$36.5019.27%$0.35$0.5820
2554$0.53$0.6416.92%$37.00—$0.51$0.715,224406
9635$0.35$0.4117.05%$37.50—$0.85$1.2002
21193$0.16$0.2516.15%$38.00—$1.18$1.4454228
—————$38.50—$1.43$2.002470
44754$0.04$0.0816.38%$39.00—$1.75$2.543370
921,786$0.01$0.0317.64%$40.00—$2.44$3.85420

Forward $36.97. The 25-delta put carries +2.30 volatility points over the 25-delta call.

2026-12-18(84 days)ATM 17.75%±3.13skew +2.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$18.25$19.55—$18.00—————
01$16.25$17.55—$20.00—————
01$11.25$12.55—$25.00—————
—————$28.0029.73%$0.02$0.081,0020
04$6.25$7.65—$30.00—————
065$4.60$5.45—$32.00—————
015$3.75$4.45—$33.00—————
08$2.85$3.60—$34.00—————
671,598$2.17$2.52—$35.0019.32%$0.59$0.6850717
2265$1.49$1.88—$36.0019.06%$0.82$1.1676510
61,761$1.00$1.1817.57%$37.00—$1.24$1.519722
14704$0.56$0.7816.98%$38.00—$1.77$2.324285
2901,619$0.33$0.5017.15%$39.00—$2.31$3.101070
522,699$0.20$0.2817.16%$40.00—$3.10$4.00660
981,321$0.12$0.1517.27%$41.00—————
219,971$0.08$0.0917.95%$42.00—$4.85$6.0010
3190$0.01$0.0420.18%$45.00—————
5326$0.01$0.0323.03%$47.00—————

Forward $36.71. The 25-delta put carries +2.17 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 17.25%±3.52skew +2.95
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$21.20$22.55—$15.00—————
05$18.25$19.55—$18.00—————
04$16.25$17.55—$20.00—————
04$13.25$14.60—$23.00—————
044$11.25$12.60—$25.00—————
057$9.25$10.65—$27.00—————
01,026$6.50$7.40—$30.00—————
02$5.70$6.50—$31.00—————
5122,445$4.75$5.15—$32.00—————
051$3.85$4.55—$33.00—————
0218$3.00$3.85—$34.0019.90%$0.42$0.639610
12014,840$2.40$2.73—$35.0018.74%$0.65$0.821,95340
0547$1.60$2.38—$36.0018.28%$0.99$1.1645432
674,006$1.23$1.3917.25%$37.00—$1.32$1.6245017
15572$0.85$0.9917.41%$38.00—$1.75$2.422700
31677$0.52$0.6516.95%$39.00—$2.66$3.251290
32112,238$0.36$0.4317.35%$40.00—$3.10$4.302440
383,258$0.23$0.2517.22%$41.00—————
—————$42.00—$4.85$6.2540
402,018$0.03$0.0819.55%$45.00—$7.55$9.60120
—————$47.00—$9.50$11.55200

Forward $36.84. The 25-delta put carries +2.95 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.

EPD option chain | Options Skew Analytics