Options Skew Analytics

GM option chain

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

Data as of 22 September 2026 (end of day)

2026-09-25(3 days)ATM 36.35%±2.76skew +2.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
241$9.75$11.65—$73.00—————
243$8.75$10.60—$74.00—————
252$7.85$9.30—$75.00—————
272$6.90$8.40—$76.00—————
367$6.30$7.00—$77.00—————
316$5.45$6.20—$78.00—————
1715$4.35$5.20—$79.00—————
2098$3.50$4.20—$80.00—————
1247$2.70$3.40—$81.0038.50%$0.20$0.321,111103
176529$1.90$2.30—$82.0038.15%$0.39$0.562,012183
564941$1.38$1.49—$83.0037.33%$0.68$0.902,635171
63757$0.91$1.0436.12%$84.00—$1.11$1.34664110
4191,494$0.53$0.6035.29%$85.00—$1.66$2.0745838
129830$0.28$0.3535.51%$86.00—$2.26$2.8913279
110279$0.14$0.1835.53%$87.00—$2.97$4.0014476
67549$0.06$0.1136.60%$88.00—$4.20$4.5511311
6193$0.02$0.0636.99%$89.00—$4.65$6.051739
—————$90.00—$5.70$6.95154
244277$0.01$0.0342.92%$91.00—$6.60$8.15110
—————$92.00—$7.55$9.6012
—————$94.00—$9.50$11.2501

Forward $83.75. The 25-delta put carries +2.63 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 32.28%±4.48skew +2.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$32.85$35.35—$50.00—————
07$8.00$10.30—$75.00—————
04$6.55$9.15—$76.00—————
02$5.60$8.40—$77.00—————
—————$78.0035.99%$0.20$0.334360
29$4.65$6.15—$79.0035.15%$0.32$0.446912
226$3.95$4.60—$80.0034.40%$0.48$0.601624
129$3.20$3.80—$81.0034.01%$0.71$0.8313716
1111$2.58$2.96—$82.0033.64%$1.00$1.1415062
554$2.20$2.33—$83.0032.76%$1.33$1.5112620
2587$1.63$1.7732.27%$84.00—$1.76$1.99769
3460$1.22$1.3332.36%$85.00—$2.32$2.542811
70458$0.84$0.9631.77%$86.00—$2.85$3.452180
19181$0.56$0.6931.58%$87.00—$3.70$4.001042
33210$0.37$0.4731.41%$88.00—$4.20$5.151441
—————$91.00—$6.15$9.2020
—————$92.00—$6.55$9.9020

Forward $83.82. The 25-delta put carries +2.43 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 33.18%±6.00skew +2.65
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$9.55$10.85—$74.00—————
20$7.75$10.30—$75.00—————
50$7.45$9.40—$76.0035.49%$0.22$0.3680
61$6.70$8.40—$77.00—————
25$5.75$7.55—$78.0034.67%$0.48$0.605920
28$4.80$6.60—$79.0034.17%$0.64$0.79532
20$3.75$5.45—$80.0033.87%$0.86$1.032128
—————$81.0033.67%$1.13$1.34262
115$2.62$4.00—$82.0033.35%$1.46$1.694121
256$2.48$3.20—$83.0032.98%$1.85$2.10960
038$2.19$2.4233.17%$84.00—$2.30$2.661101
2202$1.80$1.9633.39%$85.00—$2.81$3.30241
53478$1.26$1.6132.40%$86.00—————
062$0.95$1.2932.38%$87.00—————
157$0.71$0.8831.21%$88.00—$4.15$6.0520
046$0.52$0.6731.22%$89.00—$4.60$7.2530
3127$0.38$0.5531.85%$90.00—$5.15$7.7020
—————$91.00—$6.65$8.9510
—————$92.00—$6.65$10.0510
—————$93.00—$7.60$11.1510

Forward $83.82. The 25-delta put carries +2.65 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 32.04%±6.90skew +2.59
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$7.75$9.05—$76.0034.62%$0.39$0.53207
02$7.00$8.20—$77.0034.59%$0.52$0.71126
022$6.80$7.65—$77.5034.09%$0.59$0.7777211
10$5.65$7.70—$78.0033.31%$0.60$0.87132
10$5.30$6.45—$79.0033.60%$0.88$1.0852
41,112$4.75$5.45—$80.0033.24%$1.18$1.281,78051
30$3.85$5.00—$81.0033.20%$1.43$1.6701
10$3.20$4.00—$82.0032.93%$1.79$2.022525
1194$3.30$3.70—$82.5033.07%$2.03$2.22595133
1390$3.10$3.35—$83.0032.85%$2.22$2.4414868
66151$2.66$2.8432.12%$84.00—$2.68$2.83285112
711,284$2.21$2.3431.87%$85.00—$3.20$3.452,03344
3527$1.73$1.9531.42%$86.00—$3.40$4.05012
727$1.40$1.5731.25%$87.00—————
1021,874$1.18$1.4030.68%$87.50—$4.40$5.307190
3920$1.05$1.2530.65%$88.00—————
59$0.82$1.0030.66%$89.00—————
1501,565$0.63$0.7730.46%$90.00—$6.30$7.504490
612$0.48$0.6230.65%$91.00—————
—————$92.00—$7.85$9.3002
16747$0.35$0.4631.54%$92.50—$8.05$9.601305

Forward $83.99. The 25-delta put carries +2.59 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 39.60%±9.68skew +1.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$9.00$11.40—$75.0042.89%$0.86$1.151410
—————$77.0041.13%$1.10$1.59550
—————$78.0040.50%$1.28$1.86120
—————$79.0040.64%$1.61$2.17160
—————$80.0041.19%$2.08$2.495773
—————$81.0039.51%$2.18$2.86101
—————$82.0039.68%$2.67$3.25720
9534$3.90$5.00—$83.0039.68%$3.10$3.7580
3028$3.45$4.1039.61%$84.00—$3.70$4.155110
247$3.00$3.6539.60%$85.00—$4.20$4.505811
10262$2.61$3.2539.74%$86.00—$4.65$5.40110
314$2.28$2.8339.70%$87.00—$4.95$7.5040
1152$1.89$2.5139.47%$88.00—————
019$1.61$2.1839.39%$89.00—————
5224$1.38$1.8639.27%$90.00—————
016$1.14$1.5638.80%$91.00—————
01$0.94$1.4439.40%$92.00—$7.25$11.1520
06$0.77$1.1838.88%$93.00—————
02$0.66$1.0539.43%$94.00—————

Forward $83.85. The 25-delta put carries +1.69 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 38.53%±10.44skew +1.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$74.0041.17%$0.79$1.11211
—————$75.0040.51%$0.92$1.2950
—————$76.0040.43%$1.15$1.50125
—————$77.0039.92%$1.33$1.75110
—————$78.0039.84%$1.54$2.10210
—————$79.0039.66%$1.94$2.318550
015$5.90$7.65—$80.0039.85%$2.28$2.72820
022$5.20$7.50—$81.0039.27%$2.52$3.1520
067$4.90$6.10—$82.0039.13%$2.90$3.601810
90104$4.35$5.20—$83.0038.97%$3.35$4.05557
151$3.85$4.4538.69%$84.00—$3.85$4.50150
015$3.30$4.0538.49%$85.00—$4.25$5.0570
011$3.00$3.6038.87%$86.00—————
07$2.61$3.2038.74%$87.00—$4.85$6.4510
911$2.22$2.8238.36%$88.00—————
90$1.95$2.5038.54%$89.00—$6.00$8.15310
0127$1.69$2.2038.55%$90.00—————
01$1.46$1.9538.69%$91.00—————
121$1.26$1.6238.24%$92.00—————
02$1.05$1.4338.21%$93.00—————
72$0.85$1.2538.01%$94.00—————

Forward $83.97. The 25-delta put carries +1.60 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 37.12%±12.58skew +2.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$23.45$25.75—$60.00—————
—————$65.0042.60%$0.28$0.4340
02$14.10$16.30—$70.0040.40%$0.69$0.87328
—————$75.0038.52%$1.54$1.6527119
—————$77.5038.22%$2.18$2.36574
037$6.90$7.90—$80.0037.70%$2.99$3.203949
013$5.40$6.05—$82.5037.33%$4.00$4.256774
2959$4.55$4.7537.14%$85.00—$5.25$5.503911
20147$3.50$3.7036.88%$87.50—$6.65$6.95245
886$2.63$2.8036.49%$90.00—$6.75$9.4510
1546$1.72$2.0635.12%$92.50—$9.70$10.9006
1951$1.41$1.5235.96%$95.00—————
38$0.66$0.9936.80%$100.00—————
011$0.36$0.5537.55%$105.00—————
—————$110.00—$24.55$28.3520

Forward $84.27. The 25-delta put carries +2.27 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 35.15%±14.47skew +1.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0329$28.50$30.80—$55.00—————
1211$26.15$28.25—$57.50—————
5720$23.90$25.15—$60.00—————
0300$21.35$23.55—$62.50—————
0224$19.00$21.35—$65.0040.37%$0.50$0.769470
0417$16.80$19.20—$67.5038.92%$0.74$0.9527415
01,710$14.65$16.05—$70.0038.23%$1.04$1.341,23924
078$12.70$13.95—$72.5037.49%$1.56$1.7050411
1422$11.10$12.05—$75.0036.86%$2.12$2.289347
10385$9.10$10.25—$77.5036.26%$2.82$3.001,38616
0565$7.65$8.60—$80.0035.87%$3.65$3.952,21224
6955$6.30$6.85—$82.5035.29%$4.70$4.9574067
9945$5.20$5.6035.22%$85.00—$5.90$6.3086219
81,333$4.10$4.5034.75%$87.50—$7.15$7.705841
1795,158$3.30$3.5534.68%$90.00—$8.40$9.302,03345
1623,335$2.69$2.8034.94%$92.50—$10.40$11.351610
134,003$2.09$2.2034.89%$95.00—$12.00$13.301030
1557$1.62$1.7234.94%$97.50—————
322,140$1.25$1.3535.08%$100.00—$16.25$17.6020
81,342$0.67$0.8735.31%$105.00—$19.75$22.9030
—————$110.00—$24.90$27.55260

Forward $84.29. The 25-delta put carries +1.97 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.