Options Skew Analytics

FIG option chain

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

Data as of 9 November 2026 (end of day)

2026-11-13(4 days)ATM 76.85%±1.56skew +5.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
148$4.30$5.30—$15.00—————
164$3.80$4.15—$15.50—————
1938$3.15$3.70—$16.0097.95%$0.01$0.03210136
474$2.74$3.45—$16.5091.24%$0.02$0.042776
1292$2.29$2.82—$17.0086.38%$0.04$0.0612773
100251$1.91$2.14—$17.5080.80%$0.07$0.0916636
133118$1.48$1.73—$18.0079.65%$0.14$0.1635649
304295$1.15$1.25—$18.5079.06%$0.24$0.295,73796
174432$0.83$0.89—$19.0078.63%$0.39$0.48265136
467149$0.56$0.6376.86%$19.50—$0.61$0.701,358114
1,419514$0.36$0.4075.35%$20.00—$0.91$1.0425654
703147$0.21$0.2473.80%$20.50—$1.25$1.36371
56885$0.11$0.1472.79%$21.00—$1.54$1.8822058
102121$0.05$0.1074.81%$21.50—$1.74$2.42800
213313$0.03$0.0575.03%$22.00—$2.16$2.851802
285167$0.02$0.0378.03%$22.50—————
—————$23.00—$3.35$4.351730
—————$23.50—$3.80$4.30313
—————$24.00—$4.10$4.85420
—————$24.50—$4.60$6.6590
—————$25.00—$5.10$6.2040

Forward $19.44. The 25-delta put carries +5.25 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 71.05%±2.40skew +4.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02,634$3.95$5.50—$15.00—————
0—$3.20$4.75—$15.50—————
087$2.75$4.10—$16.00—————
—————$16.5075.18%$0.09$0.1490520
02$2.44$3.20—$17.0075.18%$0.16$0.2129864
1103$2.06$2.77—$17.5075.40%$0.24$0.332,644103
2264$1.79$1.91—$18.0072.49%$0.37$0.401,53873
2074$1.43$1.57—$18.5072.98%$0.49$0.62962
5322$1.12$1.26—$19.0069.94%$0.68$0.7686168
1211$0.86$1.0171.10%$19.50—$0.92$1.0410625
1881,874$0.65$0.7870.60%$20.00—$1.21$1.351,27211
3311$0.47$0.6170.56%$20.50—$1.51$1.70410
302208$0.31$0.4367.86%$21.00—$1.88$2.06290
2661$0.24$0.2867.34%$21.50—$1.98$2.601990
202270$0.16$0.1966.48%$22.00—$2.32$2.99711
4023,984$0.10$0.1466.58%$22.50—$2.86$3.301,3319
11235$0.05$0.1166.51%$23.00—$3.10$4.103610
—————$23.50—$3.65$4.705300
—————$24.00—$4.15$5.15240
0357$0.01$0.0468.12%$24.50—$4.60$6.451980
894,743$0.02$0.0372.98%$25.00—$5.15$5.804740

Forward $19.45. The 25-delta put carries +4.62 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 67.82%±2.93skew +4.84
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0145$3.35$5.35—$15.00—————
—————$16.5070.51%$0.17$0.25230
—————$17.0070.08%$0.24$0.36120
—————$17.5070.75%$0.34$0.524261
01$1.89$2.10—$18.0069.87%$0.49$0.65232
04$1.59$1.78—$18.5068.99%$0.65$0.83531
1723$1.29$1.49—$19.0068.30%$0.85$1.04612
1922$1.05$1.2567.99%$19.50—$1.09$1.2910528
27269$0.83$1.0267.42%$20.00—$1.37$1.571,2818
158$0.64$0.8066.09%$20.50—$1.69$1.90370
265$0.49$0.6465.91%$21.00—$2.01$2.24420
107121$0.38$0.5065.91%$21.50—$2.38$2.65490
—————$22.00—$2.38$3.30170
—————$22.50—$3.25$3.55650
265$0.17$0.2366.45%$23.00—$3.65$4.25350
1493$0.14$0.2269.93%$23.50—$3.75$6.0090
14138$0.08$0.1365.55%$24.00—$4.40$5.056611
728$0.09$0.1068.68%$24.50—$4.50$6.9560
48319$0.06$0.0868.60%$25.00—$5.05$6.25590
2552$0.02$0.0766.96%$25.50—$5.50$7.90120
—————$26.00—$6.10$8.40210

Forward $19.46. The 25-delta put carries +4.84 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 67.19%±3.43skew +6.75
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
045$3.45$5.70—$15.00—————
—————$16.0068.98%$0.19$0.254081
—————$16.5073.04%$0.27$0.4512
—————$17.0069.15%$0.37$0.4834735
—————$17.5069.82%$0.48$0.67111
037$2.09$2.33—$18.0068.52%$0.63$0.81642
02$1.77$1.99—$18.5068.81%$0.81$1.036630
54$1.47$1.71—$19.0064.79%$1.01$1.12171
06$1.24$1.5067.70%$19.50—$1.26$1.4980
148$1.02$1.2566.82%$20.00—$1.54$1.75290
10$0.82$1.0666.56%$20.50—$1.48$2.0840
264$0.64$0.8865.70%$21.00—$2.16$2.4430
84$0.53$0.6864.81%$21.50—$2.53$2.8050
3100$0.35$0.5763.07%$22.00—$2.77$3.154220
53$0.34$0.4163.68%$22.50—$2.82$4.2530
3725$0.26$0.3463.90%$23.00—$3.40$4.2510
2710$0.21$0.2563.38%$23.50—$3.80$6.1010
1618$0.15$0.2163.45%$24.00—————
—————$24.50—$4.65$6.35110
33425$0.09$0.1464.45%$25.00—$5.15$7.4580
—————$25.50—$5.55$7.9550

Forward $19.49. The 25-delta put carries +6.75 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 67.22%±3.88skew +1.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$17.0071.26%$0.46$0.7351
—————$17.5066.02%$0.50$0.814130
—————$18.0067.24%$0.77$0.94472
02$1.93$2.17—$18.5068.46%$0.96$1.21120
—————$19.0067.96%$1.17$1.4491
2182$1.41$1.6967.88%$19.50—$1.41$1.7190
06$1.18$1.4567.06%$20.00—$1.51$1.971111
—————$20.50—$1.97$2.2606
115$0.81$1.0866.65%$21.00—$2.32$2.6214
—————$21.50—$2.38$2.9506
2229$0.57$0.7666.41%$22.00—$3.05$3.351916
—————$22.50—$3.15$4.251614
2029$0.38$0.4864.59%$23.00—$3.50$4.50114
—————$23.50—$3.80$5.20413
—————$24.00—$4.30$5.2001
310$0.21$0.3066.18%$24.50—————
2326$0.15$0.2565.47%$25.00—————
—————$25.50—$5.40$7.806363
—————$26.00—$6.05$8.05280
—————$27.50—$7.50$9.9010

Forward $19.49. The 25-delta put carries +1.43 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 64.03%±4.39skew +5.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12$3.85$5.60—$15.0067.12%$0.22$0.3110
—————$17.0067.86%$0.62$0.88100
09$2.79$3.05—$17.5066.27%$0.76$1.01100
—————$18.0065.79%$0.96$1.1740
04$2.17$2.42—$18.50—————
15$1.80$2.22—$19.00—————
10$1.29$1.7764.03%$20.00—$1.76$2.26252
137$0.91$1.4063.80%$21.00—$2.33$2.87192
170$0.91$1.1765.35%$21.50—$2.88$3.2502
21$0.76$1.0064.50%$22.00—————
01$0.67$1.0668.92%$22.50—$3.60$3.8501
162$0.45$0.7562.20%$23.00—$3.60$4.7002
120$0.49$0.5863.41%$23.50—$4.00$5.00409
91$0.39$0.5764.68%$24.00—$4.80$5.20017
92$0.32$0.4563.35%$24.50—————
1120$0.26$0.3364.68%$25.50—$5.80$6.85067

Forward $19.52. The 25-delta put carries +5.66 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 68.96%±8.99skew +3.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
018$7.00$8.30—$12.5072.99%$0.51$0.801250
01$5.80$6.40—$15.0070.39%$1.12$1.4810220
05$4.30$4.80—$17.5069.19%$2.06$2.503771
192286$3.15$3.5567.52%$20.00—$3.40$3.6510032
34349$2.37$2.7669.13%$22.50—$4.90$5.601460
15337$1.58$2.0166.78%$25.00—$6.75$7.101561
13816$0.85$1.1067.13%$30.00—$10.90$11.4019520
2508$0.48$0.6368.14%$35.00—$15.30$16.60270
0384$0.25$0.4069.03%$40.00—$20.15$21.402520
148317$0.15$0.2369.43%$45.00—————

Forward $19.82. The 25-delta put carries +3.26 volatility points over the 25-delta call.

2027-05-21(193 days)ATM 70.22%±10.23skew +4.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$7.25$8.50—$12.5074.34%$0.68$1.051530
053$6.20$6.70—$15.0072.53%$1.52$1.7069610
24$4.85$5.25—$17.5072.38%$2.54$2.85770
408754$3.75$4.20—$20.0070.56%$3.75$4.152702
0236$2.88$3.3070.28%$22.50—$5.30$6.054310
13124$2.21$2.5269.49%$25.00—$7.10$7.551750
9509$1.19$1.5067.76%$30.00—$11.20$11.751900
0179$0.71$1.0669.85%$35.00—$15.40$16.80590
—————$40.00—$20.05$21.50100
1123$0.27$0.4069.49%$45.00—————

Forward $20.03. The 25-delta put carries +4.77 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.