Options Skew Analytics

FSLR 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 66.16%±13.30skew +0.45
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$23.30$26.50—$167.50—————
191$21.15$24.10—$170.0071.92%$0.29$0.3221430
1620$18.55$20.30—$172.5071.03%$0.44$0.4772168
8137$16.45$18.30—$175.0070.00%$0.65$0.67139291
313$14.50$17.25—$177.5068.74%$0.90$0.96103204
1811,034$12.35$14.75—$180.0068.07%$1.26$1.38143184
2376$11.00$11.55—$182.5067.64%$1.76$1.9350153
18204$9.15$9.70—$185.0066.68%$2.43$2.53873562
49107$7.60$7.90—$187.5066.11%$3.20$3.4082209
428516$6.20$6.40—$190.0066.22%$4.25$4.45368218
158257$4.95$5.1566.16%$192.50—$5.45$5.7084110
1,0071,318$3.90$4.0566.27%$195.00—$6.90$7.207185
156151$2.98$3.2066.55%$197.50—$8.50$8.7518291
2,2472,376$2.30$2.4466.89%$200.00—$10.20$10.6525555
641111$1.72$1.8667.19%$202.50—$12.15$12.753823
9511,101$1.27$1.3567.06%$205.00—$13.30$15.301849
298152$0.93$1.0568.03%$207.50—$14.75$17.356315
975544$0.68$0.7568.23%$210.00—$17.05$19.701022
222113$0.49$0.5468.61%$212.50—$19.40$22.0550
525225$0.35$0.3969.11%$215.00—$21.65$25.1010
16672$0.25$0.3170.44%$217.50—————

Forward $191.97. The 25-delta put carries +0.45 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 57.04%±19.02skew +1.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1181$24.35$26.15—$167.5061.52%$0.88$0.9232827
0284$22.20$24.00—$170.0060.79%$1.14$1.181,73388
1503$20.15$21.70—$172.5059.72%$1.41$1.5078996
3276$17.95$19.60—$175.0059.26%$1.81$1.921,839264
29368$16.65$17.25—$177.5058.96%$2.35$2.40520232
16529$14.75$15.30—$180.0058.37%$2.86$3.051,76384
4131$12.90$13.60—$182.5058.33%$3.50$3.90545301
117903$11.40$11.80—$185.0057.55%$4.30$4.65736289
27899$9.80$10.25—$187.5057.22%$5.25$5.60281336
4431,739$8.60$8.85—$190.0057.06%$6.40$6.65837170
169676$7.25$7.5557.05%$192.50—$7.60$7.9517153
126881$6.10$6.4556.97%$195.00—$9.00$9.353166
59389$5.20$5.4557.27%$197.50—$10.45$10.90960
3802,429$4.30$4.5557.02%$200.00—$12.05$12.551,82559
39—$3.55$3.8057.07%$202.50—$13.75$14.45—1
130515$2.96$3.1557.34%$205.00—$15.45$16.401594
7—$2.38$2.6057.26%$207.50—$17.55$18.30—4
5261,841$1.92$2.1557.42%$210.00—$19.35$20.753111
119—$1.45$1.8957.79%$212.50—$20.55$23.10—1
4321,459$1.26$1.4658.08%$215.00—$22.90$25.60560
10—$1.05$1.1858.55%$217.50—$25.45$28.15—0

Forward $192.12. The 25-delta put carries +1.11 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 52.06%±22.25skew +2.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
025$27.25$30.30—$165.0056.72%$1.00$1.39297
012$23.35$24.65—$170.0054.96%$1.47$2.074092
3299$18.75$21.90—$175.0054.36%$2.43$2.9816914
0—$17.15$19.30—$177.5053.30%$2.99$3.40—2
190$15.50$16.95—$180.0054.32%$3.65$4.455729
0—$13.85$15.65—$182.5053.66%$4.30$5.25—1
638$12.30$13.60—$185.0053.50%$5.35$6.003111
13—$10.70$12.30—$187.5052.85%$6.00$7.20—0
431,321$9.10$10.50—$190.0053.66%$7.50$8.254024
4—$8.15$9.65—$192.50—$8.15$9.65—0
291,500$7.25$8.1051.79%$195.00—$10.05$10.95541
2—$6.15$7.3052.24%$197.50—$11.00$12.50—0
1,5303,133$5.30$5.9051.00%$200.00—$13.05$14.00561
207—$4.45$5.5552.36%$202.50—$14.05$15.90—0
4273$3.85$4.4051.40%$205.00—$16.55$17.454113
6—$3.25$4.1552.86%$207.50—$17.50$19.80—0
3775$2.67$3.2551.56%$210.00—$20.00$21.40690
0—$2.17$2.7851.53%$212.50—$21.40$23.55—0
2438$1.88$2.3451.95%$215.00—$24.15$25.80260
46—$1.47$2.2953.17%$217.50—$25.65$28.35—0
5271$1.14$1.7351.81%$220.00—$28.70$30.5510

Forward $192.50. The 25-delta put carries +2.76 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 51.81%±26.08skew +0.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$65.40$69.20—$125.00—————
01$60.70$64.10—$130.00—————
01$41.50$44.55—$150.00—————
01$32.40$35.20—$160.0053.74%$1.03$1.171311
04$28.15$29.75—$165.0054.04%$1.56$2.003711
46$23.75$25.60—$170.0053.63%$2.44$2.842338
01$19.90$21.55—$175.0052.86%$3.45$4.0029411
412$16.90$17.80—$180.0052.30%$4.90$5.40188
1025$13.80$14.60—$185.0052.41%$6.70$7.40101
3326$11.15$11.85—$190.0051.84%$8.85$9.5575
162,003$8.80$9.5051.81%$195.00—$11.45$12.2520
371,426$6.90$7.4551.81%$200.00—$14.55$15.45284
21,511$5.25$5.8051.70%$205.00—$17.05$18.70110
453$4.00$4.4551.82%$210.00—$20.85$22.45114
2621$2.97$3.4051.90%$215.00—$24.05$26.65158
936$2.10$2.5451.59%$220.00—$29.00$31.5020
3752$1.42$2.0051.75%$225.00—$33.35$36.0510
3529$1.12$1.6553.37%$230.00—$37.95$40.1510
—————$235.00—$41.95$44.9530
—————$260.00—$66.25$69.4510
—————$265.00—$71.25$75.1011

Forward $192.31. The 25-delta put carries +0.96 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 51.65%±29.51skew +1.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$55.75$59.45—$135.00—————
01$46.50$49.80—$145.00—————
11$32.85$36.15—$160.00—————
01$28.60$31.90—$165.0053.86%$1.83$3.0561
35$24.80$27.90—$170.0053.30%$2.75$4.0563
—————$175.0053.49%$4.00$5.503210
02$18.05$19.60—$180.0052.46%$5.40$6.95101
520$15.10$16.55—$185.0051.93%$7.10$8.90693
01$12.40$13.75—$190.0051.94%$9.55$11.0049
3626$10.20$11.4051.66%$195.00—$11.80$13.8534
39$8.15$9.3051.52%$200.00—$14.80$16.8571
01,511$6.40$7.6551.66%$205.00—————
61,527$4.95$6.0051.17%$210.00—$21.70$23.8010
24$3.80$5.0551.91%$215.00—————
117$2.80$4.3052.53%$220.00—$29.00$32.4530
984$2.15$3.1051.69%$225.00—————
—————$275.00—$81.20$85.20—0

Forward $192.97. The 25-delta put carries +1.58 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 52.19%±32.83skew +0.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$66.25$69.40—$125.00—————
027$61.40$64.50—$130.00—————
65$56.60$59.65—$135.00—————
066$51.65$54.85—$140.00—————
0127$47.20$48.95—$145.00—————
074$42.50$44.45—$150.0053.82%$0.89$1.2159827
010$38.20$40.55—$155.0053.89%$1.29$1.9124724
0104$34.00$35.50—$160.0053.06%$1.97$2.481,11825
0104$29.65$31.40—$165.0052.29%$2.88$3.2060059
744$26.00$28.30—$170.0052.40%$4.00$4.45297213
66175$22.15$25.00—$175.0052.06%$5.35$5.85758153
69261$18.90$20.95—$180.0051.90%$7.15$7.452,95067
110397$16.45$17.35—$185.0051.62%$9.15$9.402,077141
252417$13.45$14.60—$190.0051.52%$11.45$11.752,6031,128
82182$11.50$12.2552.19%$195.00—$14.10$14.552,19388
7531,794$9.60$10.1052.18%$200.00—$16.75$17.651,886513
178910$6.25$6.7551.68%$210.00—$22.30$24.8030730
3331,851$4.05$4.5052.03%$220.00—$30.90$32.301,1950
126992$2.54$2.9052.17%$230.00—$38.75$41.101591
2111,417$1.56$1.9352.75%$240.00—$47.30$49.952062
1632,587$0.91$1.3253.39%$250.00—$56.75$59.701,8740

Forward $192.44. The 25-delta put carries +0.03 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 51.36%±34.86skew +0.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$65.95$69.70—$125.00—————
01$61.50$64.85—$130.00—————
08$33.85$37.50—$160.0053.87%$2.15$3.3502
—————$165.0052.45%$3.05$4.0006
—————$170.0052.31%$3.95$5.501218
—————$175.0051.70%$5.25$6.9022
—————$180.0052.21%$7.10$8.8008
04$17.10$18.75—$185.0051.72%$8.85$10.9005
66$14.40$16.20—$190.0051.40%$11.05$13.2030
542$12.20$13.8551.24%$195.00—$13.45$15.9511
47$10.20$12.0051.80%$200.00—$16.30$19.0001
142$8.30$9.7550.81%$205.00—————
019$6.70$8.4051.15%$210.00—————
—————$215.00—$26.85$29.4511
021$4.50$5.8551.59%$220.00—$30.25$33.4040
11$3.30$4.9551.15%$225.00—$34.30$37.9510
—————$275.00—$81.35$85.35—0

Forward $193.32. The 25-delta put carries +0.11 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 50.51%±41.80skew +1.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0293$62.45$65.55—$130.00—————
0235$57.50$60.95—$135.00—————
0413$53.05$54.95—$140.0051.76%$1.01$1.359,8553
8587$48.50$51.85—$145.0052.88%$1.47$2.208,0610
51,902$44.60$47.40—$150.0051.59%$2.11$2.579,7231
0241$40.30$43.25—$155.0051.34%$2.77$3.501,95871
3248$36.35$39.25—$160.0051.65%$4.00$4.455,2113
1661$32.70$35.15—$165.0051.33%$5.15$5.653,86932
0337$29.15$30.20—$170.0051.27%$6.55$7.153,72838
3305$25.75$27.30—$175.0051.00%$8.15$8.801,6586
20769$22.85$23.80—$180.0050.70%$10.05$10.606,58619
52278$20.20$20.80—$185.0050.76%$12.15$12.901,01714
2131,285$17.95$18.40—$190.0050.37%$14.50$15.154,515107
70271$15.40$16.0050.55%$195.00—$17.10$18.001,214136
6571,624$13.35$13.8550.45%$200.00—$20.05$20.6582095
1564,726$9.70$10.2550.00%$210.00—$25.95$27.101,7136
1,3755,201$7.00$7.5049.92%$220.00—$32.60$34.701,5380
1335,277$5.15$5.4050.20%$230.00—$40.25$42.751,1390
1,6281,556$3.60$3.9050.24%$240.00—$48.50$51.455700
527,171$2.37$2.8050.00%$250.00—$57.75$60.401,2121
276,453$1.67$1.9750.23%$260.00—$67.05$69.855710

Forward $193.14. The 25-delta put carries +1.07 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.