Options Skew Analytics

EXAS option chain

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

Data as of 30 June 2025 (end of day)

2025-08-15(46 days)ATM 56.83%±10.79skew +4.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$13.30$15.90—$40.00—————
—————$42.5066.98%$0.85$1.151790
022$9.60$10.00—$45.0061.47%$1.10$1.501302
030$7.60$8.50—$47.5061.13%$1.75$2.251300
8336$6.00$6.80—$50.0059.53%$2.55$3.103640
0755$4.70$5.00—$52.5058.51%$3.60$4.201260
4193$3.40$3.8056.72%$55.00—$4.90$5.60930
0184$2.60$2.9057.41%$57.50—$6.60$7.002020
23280$1.90$2.1557.22%$60.00—$8.40$8.8022720
266$1.30$1.6056.78%$62.50—$10.00$10.80340
3460$0.90$1.0555.53%$65.00—$12.40$14.00330
075$0.45$0.6557.81%$70.00—————

Forward $53.46. The 25-delta put carries +4.34 volatility points over the 25-delta call.

2026-01-16(200 days)ATM 49.39%±19.84skew +7.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0235$23.70$26.00—$30.00—————
025$20.70$23.70—$32.50—————
013$18.40$22.00—$35.00—————
012$16.50$19.50—$37.50—————
0158$16.00$17.10—$40.0056.97%$2.10$3.103170
057$14.10$14.80—$42.5051.37%$2.45$3.106310
043$12.60$13.50—$45.0054.68%$3.60$4.501,0848
016$11.10$11.70—$47.5051.48%$4.50$4.804533
0417$9.60$10.10—$50.0050.56%$5.50$5.804380
035$7.20$8.90—$52.5052.19%$6.70$7.603730
0747$6.60$7.7047.78%$55.00—$7.30$8.408010
1188$6.30$6.6049.41%$57.50—$9.50$9.90601
0844$5.40$5.7049.04%$60.00—$11.10$11.601,9530
0180$4.10$4.9047.03%$62.50—$12.80$13.903160
—————$65.00—$14.40$14.904580
050$2.40$3.7045.24%$67.50—$16.20$17.102390
9419$2.50$3.2047.25%$70.00—$18.40$19.00960
—————$72.50—$19.60$22.2010
3221$1.70$2.3546.83%$75.00—$22.60$23.303950
0113$1.75$2.0548.44%$77.50—$24.80$25.602250
1424$1.50$1.8048.67%$80.00—$26.70$28.0090

Forward $54.28. The 25-delta put carries +7.85 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.