Options Skew Analytics

ETSY 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 43.78%±7.32skew +2.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
014$11.65$13.60—$57.50—————
012$9.35$11.65—$60.0048.83%$0.27$0.4429821
04$7.20$9.20—$62.50—————
—————$63.0047.12%$0.58$0.9210
38$5.35$7.15—$65.0046.04%$0.89$1.46731
—————$67.0045.94%$1.56$2.09128
012$3.75$4.45—$67.5044.90%$1.51$2.4021122
22$3.50$4.15—$68.0047.92%$2.13$2.58312
01$3.00$3.50—$69.0043.14%$1.95$3.05100
9284$2.54$3.0543.80%$70.00—$2.50$3.602,183104
—————$71.00—$3.00$4.2030
13$1.39$2.2641.52%$72.00—$3.40$4.8531
1389$1.63$2.0744.62%$72.50—$4.70$5.156,6912
224$1.49$1.9545.16%$73.00—$4.00$5.5010
42$1.23$1.6645.49%$74.00—————
392,992$1.04$1.1743.93%$75.00—$6.35$7.002260
185$0.86$1.1846.40%$76.00—————
20$0.72$0.9746.66%$77.00—————
17288$0.64$0.8846.61%$77.50—$7.50$9.20360
310$0.60$0.7946.87%$78.00—$7.50$9.7530
—————$80.00—$9.55$11.603260

Forward $69.74. The 25-delta put carries +2.11 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 56.94%±15.55skew +2.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$15.20$17.65—$55.00—————
—————$60.0058.20%$2.01$2.46420
311$8.15$9.00—$65.0054.79%$3.30$4.05351
11$6.85$7.80—$67.5056.34%$4.70$5.20310
2815$5.65$6.3556.69%$70.00—$6.00$6.551050
19$4.65$5.3557.03%$72.50—$6.65$8.1030
1258$3.75$4.3056.23%$75.00—$8.05$9.6040
028$2.84$3.5555.47%$77.50—————
029$2.28$2.9255.80%$80.00—$11.40$13.3020
011$1.71$2.3755.34%$82.50—————
515$1.43$1.9055.95%$85.00—————
10526$0.99$1.5559.58%$90.00—————
—————$95.00—$24.20$26.7010

Forward $69.72. The 25-delta put carries +2.86 volatility points over the 25-delta call.

2026-12-18(84 days)ATM 52.98%±17.78skew +1.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$43.80$46.35—$25.00—————
020$38.90$41.40—$30.00—————
486$34.15$36.50—$35.00—————
02,451$29.20$31.70—$40.00—————
01,374$24.45$26.90—$45.00—————
01,990$20.15$22.50—$50.0054.15%$0.54$0.863380
02,366$16.05$18.25—$55.0055.63%$1.55$1.723620
018$14.00$16.35—$57.5054.28%$1.96$2.29841
0329$12.20$14.30—$60.0053.60%$2.63$2.941580
019$10.65$12.80—$62.5053.60%$3.50$3.802210
0598$9.15$10.80—$65.0053.31%$4.45$4.801740
56$7.85$8.70—$67.5053.28%$5.60$5.951050
14117$6.70$7.3553.30%$70.00—$6.85$7.30127131
0714$4.75$5.2052.58%$75.00—$9.85$10.4022714
1,25815,449$3.30$3.7052.58%$80.00—$12.90$13.852095
19376$2.21$2.5852.36%$85.00—$15.95$17.901590
8983$1.50$1.7852.52%$90.00—$20.10$22.2070
1430,798$1.08$1.2653.45%$95.00—$24.45$26.75120
1314$0.73$1.1055.56%$100.00—$29.20$31.7010
4653$0.53$0.8757.03%$105.00—$34.05$36.3510
—————$110.00—$38.95$41.45120

Forward $69.95. The 25-delta put carries +1.23 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 50.28%±19.55skew +0.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
024$46.50$48.20—$22.50—————
066$43.95$46.45—$25.00—————
030$39.10$41.55—$30.00—————
049$34.20$36.70—$35.00—————
01,129$29.55$31.90—$40.00—————
01,154$24.90$27.25—$45.00—————
0836$20.65$23.05—$50.0052.98%$0.80$1.291,0490
01,545$16.40$18.95—$55.0050.87%$1.54$2.131,4930
07$14.55$16.95—$57.5049.69%$2.00$2.70750
02,256$13.00$14.65—$60.0050.50%$3.00$3.405610
0140$11.20$13.55—$62.5050.32%$3.85$4.302869
0305$9.90$11.90—$65.0050.45%$4.90$5.3517537
218$8.60$9.35—$67.5050.33%$6.05$6.50813
02,135$7.50$8.15—$70.0050.68%$7.40$7.851480
12,915$5.45$6.0550.02%$75.00—$10.05$10.8018716
4428$3.90$4.5049.90%$80.00—$13.05$14.405470
234,081$2.78$3.2049.55%$85.00—$17.40$18.202590
1997$1.97$2.2849.50%$90.00—$21.00$22.45370
03,397$1.41$1.7150.14%$95.00—$26.00$26.90160
—————$100.00—$30.10$31.7090
1144$0.53$0.7552.10%$110.00—————

Forward $70.20. The 25-delta put carries +0.99 volatility points over the 25-delta call.

2027-03-19(175 days)ATM 50.07%±24.61skew +2.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
021$34.90$37.25—$35.00—————
011$30.35$32.70—$40.00—————
09$26.05$28.35—$45.00—————
03$22.00$24.30—$50.0053.60%$1.72$2.251610
02$18.25$20.60—$55.0052.75%$2.90$3.45460
02$16.50$18.85—$57.5053.47%$3.90$4.2580
0983$14.90$17.20—$60.0053.07%$4.75$5.101060
076$13.60$15.65—$62.5052.39%$5.55$6.109611
225$12.25$14.20—$65.0052.03%$6.60$7.151180
017$10.70$11.90—$67.5050.72%$7.30$8.40220
0363$9.35$10.70—$70.0050.28%$8.45$9.70430
519$7.85$8.1550.13%$75.00—$11.75$12.601220
01$6.55$7.5049.54%$77.50—$12.75$14.20660
0192$5.80$6.7549.68%$80.00—$14.40$15.951000
1128$5.45$6.0050.49%$82.50—$16.10$17.85140
029$4.60$5.4049.99%$85.00—$17.85$19.70420
07$4.25$4.8550.64%$87.50—$19.90$22.2010
0149$3.75$4.2550.41%$90.00—$21.70$23.7010
081$2.79$3.5050.44%$95.00—————
0516$2.31$2.8151.14%$100.00—————
15149$1.70$2.2750.95%$105.00—————

Forward $70.97. The 25-delta put carries +2.63 volatility points over the 25-delta call.

2027-06-17(265 days)ATM 52.61%±32.05skew +0.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$31.40$33.80—$40.00—————
01$27.55$29.85—$45.0054.39%$1.73$2.45120
010$23.75$26.05—$50.0053.59%$2.85$3.601010
013$20.40$22.75—$55.0052.65%$4.20$5.101400
032$17.30$19.55—$60.0052.54%$6.35$6.75970
027$14.40$16.85—$65.0050.91%$7.90$9.05770
079$13.10$15.55—$67.5051.47%$9.10$10.60990
011$11.95$13.15—$70.0051.09%$10.35$11.853910
022$10.10$12.2053.43%$75.00—$13.10$14.751400
056$8.35$10.1552.42%$80.00—$16.15$18.00520
064$6.75$8.6051.76%$85.00—$19.55$21.85260
071$5.90$7.3052.34%$90.00—————
0216$4.85$6.2052.11%$95.00—————
087$4.00$5.2051.83%$100.00—————
078$3.40$4.4051.97%$105.00—————
0125$2.67$3.7051.40%$110.00—————
064$2.21$3.1551.42%$115.00—————
054$1.82$2.6651.34%$120.00—————
042$1.51$2.3151.54%$125.00—————

Forward $71.50. The 25-delta put carries +0.57 volatility points over the 25-delta call.

2027-09-17(357 days)ATM 51.27%±36.97skew +0.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$32.70$35.20—$40.00—————
012$29.00$31.50—$45.00—————
—————$50.0052.08%$3.10$4.8070
—————$55.0051.53%$4.75$6.3050
—————$60.0051.67%$6.55$8.55560
03$16.60$19.10—$65.0052.87%$9.45$10.85140
02$14.70$16.50—$70.0051.20%$11.20$13.45830
06$12.30$14.6052.22%$75.00—$14.00$16.9040
01$10.60$12.8552.10%$80.00—————
02$8.60$11.0550.58%$85.00—————
027$7.65$9.0049.81%$90.00—————
09$6.15$8.2549.78%$95.00—————
0357$5.95$7.3051.30%$100.00—————
011$4.90$6.8051.61%$105.00—————
01$3.10$4.4050.88%$120.00—————
02$2.61$3.2048.98%$125.00—————

Forward $72.91. The 25-delta put carries +0.79 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.