Options Skew Analytics

GLD option chain

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

Data as of 9 November 2026 (end of day)

2026-11-10(1 day)ATM 28.98%±5.75skew +1.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
7246$10.10$10.80—$369.0033.67%$0.13$0.19221323
25434$9.10$9.95—$370.0033.40%$0.20$0.24229299
1646$8.25$8.90—$371.0032.10%$0.23$0.30149395
34101$7.45$8.00—$372.0031.69%$0.34$0.3756811
193513$6.55$7.10—$373.0031.24%$0.43$0.51141367
126280$5.75$6.25—$374.0031.06%$0.59$0.6715565
177705$4.95$5.45—$375.0030.09%$0.77$0.8014770
374330$4.20$4.55—$376.0030.28%$1.01$1.1071,055
965134$3.65$3.80—$377.0029.59%$1.30$1.341512
1,3812,890$3.05$3.15—$378.0029.41%$1.65$1.71211,133
690113$2.48$2.57—$379.0029.09%$2.06$2.132212
3,3692,124$1.99$2.0428.87%$380.00—$2.55$2.6317133
817326$1.55$1.6128.71%$381.00—$3.10$3.40419
866362$1.19$1.2428.59%$382.00—$3.40$4.05740
75743$0.90$0.9428.55%$383.00—$4.40$4.8003
2,552181$0.66$0.7028.48%$384.00—$5.20$5.55025
2,16998$0.48$0.5228.58%$385.00—$5.95$6.4007
49436$0.33$0.3828.53%$386.00—————
50230$0.23$0.2828.74%$387.00—————
1,68131$0.18$0.2029.29%$388.00—————
23614$0.12$0.1529.56%$389.00—————

Forward $379.43. The 25-delta put carries +1.54 volatility points over the 25-delta call.

2026-11-11(2 days)ATM 26.44%±7.43skew +1.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1051$10.55$11.30—$369.0029.22%$0.33$0.43898264
3994$9.65$10.15—$370.0029.00%$0.41$0.55775833
2268$8.75$9.50—$371.0028.34%$0.50$0.654168
93112$7.90$8.60—$372.0027.98%$0.63$0.7921894
1863$7.05$7.75—$373.0027.66%$0.79$0.9614855
295189$6.25$6.95—$374.0027.37%$0.98$1.170127
74325$5.50$6.10—$375.0027.38%$1.32$1.3612328
122121$4.80$5.10—$376.0027.05%$1.60$1.6336550
83111$4.15$4.55—$377.0026.59%$1.77$2.072204
289212$3.65$3.80—$378.0026.51%$2.28$2.354161
38475$3.10$3.25—$379.0026.51%$2.61$2.93513
1,194150$2.63$2.6926.30%$380.00—$3.15$3.40559
138105$2.08$2.2725.86%$381.00—$3.65$4.0004
789178$1.79$1.8426.08%$382.00—$4.25$4.6561
1,606380$1.45$1.5026.01%$383.00—————
1241,160$1.12$1.2125.75%$384.00—————
985269$0.92$0.9625.92%$385.00—$6.40$6.8020
35387$0.69$0.7725.79%$386.00—————
157114$0.54$0.6125.92%$387.00—————
653343$0.42$0.4725.99%$388.00—————
3511,020$0.34$0.3826.44%$389.00—————

Forward $379.41. The 25-delta put carries +1.62 volatility points over the 25-delta call.

2026-11-12(3 days)ATM 25.57%±8.80skew +1.65
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
727$10.85$11.30—$369.0028.12%$0.58$0.743527
3028$9.95$10.40—$370.0027.79%$0.70$0.874033
12017$9.10$9.55—$371.0027.41%$0.83$1.023317
132$8.30$8.75—$372.0027.30%$1.03$1.20511
439$7.50$7.90—$373.0026.77%$1.17$1.411243
1033$6.75$7.15—$374.0026.45%$1.39$1.6415413
39137$6.05$6.40—$375.0026.81%$1.79$1.9227195
5783$5.35$5.65—$376.0026.48%$2.07$2.2357104
110128$4.70$5.00—$377.0025.74%$2.27$2.59268
15852$4.05$4.40—$378.0025.84%$2.67$3.057677
33249$3.60$3.85—$379.0025.49%$3.10$3.45719
3851,222$3.20$3.3025.62%$380.00—$3.55$3.95185
2340$2.57$2.8524.94%$381.00—————
31847$2.26$2.4225.18%$382.00—————
4879$1.91$2.0625.21%$383.00—————
2012$1.60$1.7225.14%$384.00—————
86338$1.33$1.4325.12%$385.00—————
3627$1.10$1.2125.26%$386.00—————
296$0.90$1.0325.45%$387.00—$7.55$8.8001
42212$0.73$0.8225.31%$388.00—————
2571$0.58$0.7325.69%$389.00—————

Forward $379.45. The 25-delta put carries +1.65 volatility points over the 25-delta call.

2026-11-13(4 days)ATM 25.52%±10.14skew +1.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
298769$10.45$11.05—$370.0027.62%$1.08$1.18673904
106347$9.60$10.25—$371.0027.17%$1.21$1.36189111
69546$8.80$9.45—$372.0027.08%$1.45$1.56406282
73266$8.05$8.65—$373.0026.82%$1.66$1.80375161
2161,130$7.30$7.90—$374.0026.64%$1.92$2.07187115
252721$6.60$7.05—$375.0026.22%$2.23$2.28435235
232792$6.00$6.25—$376.0026.26%$2.53$2.707094
211393$5.45$5.60—$377.0026.22%$2.90$3.1095127
469415$4.75$5.00—$378.0025.88%$3.25$3.5079170
151948$4.30$4.40—$379.0025.78%$3.70$3.9551109
3,1822,008$3.75$3.8525.44%$380.00—$4.20$4.45753156
155287$3.20$3.5025.48%$381.00—$4.75$5.00463
1,387364$2.80$2.9625.14%$382.00—$5.30$5.60143
178506$2.41$2.6425.29%$383.00—$5.75$6.25182
216411$2.09$2.2325.13%$384.00—$6.10$7.25370
9574,186$1.84$1.8925.21%$385.00—$6.75$7.602773
172228$1.52$1.6225.04%$386.00—$7.40$8.40174
4182,869$1.29$1.3825.08%$387.00—$8.10$9.252220
1,9171,176$1.08$1.1625.03%$388.00—$8.90$10.35100
149172$0.90$1.0325.30%$389.00—$9.40$10.7580
1,4163,871$0.78$0.8125.20%$390.00—$10.70$11.604411

Forward $379.53. The 25-delta put carries +1.78 volatility points over the 25-delta call.

2026-11-16(7 days)ATM 21.99%±11.56skew +1.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
139100$11.00$11.20—$370.0023.18%$1.33$1.574430
1214$10.05$10.45—$371.0023.06%$1.55$1.77214
914$9.20$9.65—$372.0022.82%$1.75$2.001359
4962$8.50$8.90—$373.0022.74%$2.02$2.26611
618$7.80$8.20—$374.0022.47%$2.26$2.5436
16679$7.10$7.50—$375.0022.33%$2.56$2.86918
10430$6.45$6.80—$376.0022.19%$2.90$3.20314
2242$5.85$6.15—$377.0022.43%$3.40$3.6037
7613$5.25$5.55—$378.0022.14%$3.70$4.05130
61152$4.75$5.00—$379.0022.18%$4.25$4.4521
256277$4.35$4.4521.93%$380.00—$4.75$4.85482
2470$3.75$4.0521.75%$381.00—————
5125$3.35$3.6021.76%$382.00—————
5259$2.99$3.2021.83%$383.00—————
6533$2.61$2.8021.69%$384.00—————
20477$2.29$2.4721.71%$385.00—$7.00$8.3512
674$1.99$2.1721.70%$386.00—————
950$1.73$1.9121.76%$387.00—————
271125$1.50$1.6721.80%$388.00—————
1310$1.29$1.4621.84%$389.00—————
1,051903$1.14$1.1921.72%$390.00—————

Forward $379.60. The 25-delta put carries +1.02 volatility points over the 25-delta call.

2026-11-17(8 days)ATM 22.57%±12.69skew +1.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
550$11.20$11.60—$370.0023.92%$1.75$1.8823312
223$10.35$10.80—$371.0023.77%$1.97$2.116013
45$9.60$10.05—$372.0023.24%$2.08$2.35634
511$8.90$9.30—$373.0023.10%$2.36$2.61669
78$8.20$8.60—$374.0022.99%$2.67$2.9010
658$7.50$7.85—$375.0022.91%$2.99$3.2552
2711$6.90$7.20—$376.0023.03%$3.40$3.652106
55114$6.45$6.55—$377.0022.53%$3.65$4.0002
9218$5.70$6.00—$378.0022.35%$4.05$4.4002
1817$5.35$5.45—$379.00—————
3290$4.80$4.9522.57%$380.00—————
632$4.20$4.5022.31%$381.00—————
2110$3.80$4.0522.35%$382.00—————
520$3.40$3.6022.25%$383.00—————
340$3.00$3.2522.24%$384.00—————
7149$2.70$2.8722.25%$385.00—————
350$2.39$2.5522.25%$386.00—————
49$2.11$2.2822.31%$387.00—————
17$1.85$2.0222.32%$388.00—————
117$1.63$1.7822.36%$389.00—————
277$1.43$1.5822.44%$390.00—————

Forward $379.63. The 25-delta put carries +1.46 volatility points over the 25-delta call.

2026-11-18(9 days)ATM 23.08%±13.76skew +1.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$20.20$20.85—$360.0026.82%$0.74$0.801063
—————$361.0026.52%$0.82$0.8812118
65$18.35$18.95—$362.0026.36%$0.91$1.00352
01$17.45$18.05—$363.0026.00%$1.00$1.09922
025$16.60$17.20—$364.0025.57%$1.08$1.1950
62$15.70$16.30—$365.0025.46%$1.24$1.32130
66$14.85$15.45—$366.0025.22%$1.38$1.4651
616$14.00$14.60—$367.0025.02%$1.53$1.6373
64$13.15$13.80—$368.0024.76%$1.70$1.79520
621$12.35$12.95—$369.0024.52%$1.87$1.9911
019$11.60$12.15—$370.0024.35%$2.09$2.2091
64$10.80$11.40—$371.0024.13%$2.31$2.43100
102$10.05$10.65—$372.0024.00%$2.57$2.7041
034$9.35$9.90—$373.0023.84%$2.84$2.9980
89144$8.65$9.20—$374.0023.60%$3.10$3.30271
68123$8.05$8.40—$375.0023.54%$3.45$3.651911
8557$5.25$5.3523.08%$380.00—$5.55$5.8021
4582$3.05$3.4022.98%$385.00—————
4466$1.74$2.0023.21%$390.00—————
2737$0.93$1.1123.45%$395.00—$15.55$16.700261
126178$0.51$0.6224.13%$400.00—$19.10$22.45240

Forward $379.62. The 25-delta put carries +1.14 volatility points over the 25-delta call.

2026-11-19(10 days)ATM 23.25%±14.61skew +1.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
21$11.90$12.45—$370.0024.55%$2.34$2.4961
0—$11.15$11.70—$371.0024.38%$2.59$2.73—0
15—$10.40$10.95—$372.0024.33%$2.85$3.05—0
2—$9.70$10.25—$373.0024.11%$3.10$3.35—1
0—$9.00$9.55—$374.0023.80%$3.40$3.60—0
113$8.45$8.75—$375.0023.82%$3.75$4.0020
27—$7.80$8.15—$376.0023.53%$4.10$4.30—0
7—$7.20$7.40—$377.0023.54%$4.50$4.75—0
22—$6.60$6.85—$378.0023.45%$4.95$5.15—0
6—$6.10$6.30—$379.0023.45%$5.40$5.65—0
277419$5.55$5.8023.25%$380.00—$5.85$6.10132
6—$5.05$5.4023.33%$381.00—$6.40$6.70—0
9—$4.60$4.8523.10%$382.00—$6.95$7.15—0
0—$4.20$4.4023.06%$383.00—$7.50$7.75—1
2—$3.80$4.1023.22%$384.00—$8.10$8.35—0
534$3.40$3.7523.18%$385.00—$8.40$9.1001
0—$3.10$3.4023.24%$386.00—$8.80$10.90—0
0—$2.81$2.9723.04%$387.00—$9.50$11.60—0
5—$2.52$2.7923.29%$388.00—$9.85$12.10—0
1—$2.26$2.5123.29%$389.00—$10.70$12.45—0
1627$2.02$2.2223.20%$390.00—————

Forward $379.70. The 25-delta put carries +1.34 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.