Options Skew Analytics

GME 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 67.34%±1.48skew -23.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
40922$5.00$5.30—$19.00—————
901,430$4.50$4.95—$19.50—————
2515,795$4.05$4.30—$20.00—————
1692,115$3.50$3.90—$20.5090.88%$0.01$0.02414136
3492,992$3.05$3.35—$21.0079.49%$0.01$0.022,603301
1,0612,619$2.60$2.82—$21.5074.61%$0.02$0.031,619851
3,6937,296$2.19$2.26—$22.0067.00%$0.03$0.041,4671,085
3,6245,973$1.75$1.79—$22.5061.94%$0.05$0.072,2303,057
16,58819,214$1.29$1.35—$23.0058.95%$0.10$0.131,0343,188
9,7396,999$0.93$0.98—$23.5059.87%$0.22$0.261812,726
28,2878,588$0.65$0.69—$24.0064.78%$0.45$0.491561,512
10,9541,586$0.47$0.4970.25%$24.50—$0.73$0.7942127
26,33116,890$0.35$0.3777.27%$25.00—$1.09$1.20101266
3,0821,336$0.26$0.2883.14%$25.50—$1.48$1.623327
9,4554,222$0.20$0.2188.64%$26.00—$1.86$2.042694
2,485806$0.15$0.1794.31%$26.50—$2.34$2.544165
5,0213,862$0.12$0.1399.35%$27.00—$2.70$3.65037
891976$0.09$0.11104.50%$27.50—$3.20$4.50029
2,8793,563$0.07$0.10110.70%$28.00—$3.65$4.70230
737344$0.06$0.09117.33%$28.50—$4.00$5.6012
395728$0.04$0.07118.93%$29.00—$4.65$5.25620

Forward $24.20. The 25-delta put carries -23.27 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 59.26%±2.38skew -22.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12405$5.00$5.40—$19.0074.97%$0.01$0.0415640
59296$4.20$5.00—$19.50—————
1981,772$4.00$4.35—$20.0061.26%$0.02$0.03884178
2151,919$3.55$3.90—$20.5057.97%$0.02$0.05434124
1891,133$3.15$3.40—$21.0053.65%$0.03$0.06388117
1341,499$2.59$2.90—$21.5052.30%$0.06$0.0938799
2,3532,673$2.26$2.39—$22.0051.41%$0.11$0.14370334
3961,212$1.80$2.09—$22.5051.00%$0.18$0.23500564
3,4953,862$1.50$1.64—$23.0051.78%$0.31$0.36358870
2,2261,074$1.22$1.32—$23.5054.50%$0.50$0.58118312
11,2595,053$1.02$1.05—$24.0057.39%$0.77$0.8369330
1,512602$0.82$0.8660.15%$24.50—$1.06$1.156931
11,8487,299$0.69$0.7264.25%$25.00—$1.38$1.532966
736107$0.55$0.6166.99%$25.50—$1.79$1.91066
2,2311,443$0.45$0.5270.05%$26.00—————
264237$0.39$0.4573.92%$26.50—$2.39$3.95250
939868$0.35$0.3877.49%$27.00—$3.00$4.101130
91224$0.29$0.3681.41%$27.50—————
1,593517$0.29$0.3286.51%$28.00—$3.60$5.45250
5913$0.25$0.3190.60%$28.50—$4.05$6.55025
617586$0.23$0.2793.60%$29.00—$4.40$7.1040

Forward $24.24. The 25-delta put carries -22.15 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 55.39%±2.90skew -24.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
15233$4.80$5.55—$19.0062.43%$0.03$0.0520228
26158$4.50$5.05—$19.5061.41%$0.03$0.099010
39999$4.05$4.45—$20.0057.38%$0.05$0.0946611
175130$3.60$4.00—$20.50—————
942,092$3.20$3.50—$21.0052.66%$0.10$0.15179102
64318$2.65$3.05—$21.5050.15%$0.14$0.199447
1,5981,410$2.37$2.65—$22.0049.36%$0.22$0.26158200
69424$1.99$2.21—$22.5049.83%$0.32$0.407878
4592,348$1.65$1.84—$23.0050.55%$0.49$0.556269
1,7251,545$1.38$1.55—$23.5053.35%$0.70$0.82753
2,733826$1.24$1.31—$24.0055.29%$0.96$1.09148190
55459$0.97$1.1155.42%$24.50—$1.25$1.40016
2,0482,166$0.90$0.9860.50%$25.00—$1.58$1.78302
52314$0.75$0.8562.36%$25.50—$1.97$2.1501
398804$0.67$0.7565.62%$26.00—$2.37$2.54025
403$0.58$0.6968.78%$26.50—$2.65$4.10025
628457$0.50$0.6271.15%$27.00—$3.15$3.7501
18914$0.43$0.6074.62%$27.50—————
310629$0.45$0.4877.22%$28.00—————
97162$0.32$0.4682.63%$29.00—————
3,2193,114$0.32$0.3889.13%$30.00—$5.90$7.6520

Forward $24.25. The 25-delta put carries -24.79 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 56.64%±3.53skew -23.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
6808,175$5.00$5.45—$19.0053.93%$0.04$0.053,290237
20$4.45$5.20—$19.50—————
2,98518,471$4.25$4.40—$20.0050.02%$0.07$0.098,457800
8262$3.65$4.05—$20.50—————
1,1215,339$3.35$3.45—$21.0049.57%$0.16$0.204,241365
235234$2.79$3.15—$21.5047.42%$0.18$0.289624
5,31022,703$2.53$2.69—$22.0049.21%$0.32$0.403,112347
292223$2.08$2.34—$22.5049.62%$0.44$0.56483759
5,58013,896$1.93$2.06—$23.0051.30%$0.64$0.763,8351,186
886294$1.61$1.80—$23.5051.84%$0.88$0.9499103
7,99710,227$1.45$1.49—$24.0053.91%$1.14$1.241,603250
78951$1.27$1.3356.50%$24.50—$1.50$1.53035
17,08537,083$1.10$1.1557.89%$25.00—$1.77$1.912,104269
10485$0.94$1.0660.33%$25.50—————
2,9526,038$0.88$0.9162.76%$26.00—$2.55$2.6890024
70351$0.73$0.8263.79%$26.50—$2.96$3.20025
1,8395,135$0.68$0.7767.30%$27.00—$3.30$3.651,13137
14318$0.62$0.7270.11%$27.50—————
8552,490$0.58$0.6772.98%$28.00—$3.95$4.801670
6331,657$0.49$0.5777.31%$29.00—$4.85$6.30250
5,21921,618$0.45$0.4881.98%$30.00—$6.00$6.552383

Forward $24.28. The 25-delta put carries -23.36 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 55.92%±3.96skew -22.61
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$6.10$9.10—$17.00—————
02$5.60$8.60—$17.50—————
0854$5.55$6.50—$18.00—————
7150$5.50$6.50—$18.50—————
2731,349$5.10$5.50—$19.0053.19%$0.07$0.09361188
1339$3.90$5.00—$19.50—————
372912$4.20$4.65—$20.0049.45%$0.11$0.15432225
566$3.75$4.20—$20.50—————
50623$3.20$3.65—$21.0048.79%$0.22$0.2914786
837$2.87$3.30—$21.5048.18%$0.27$0.41766
135491$2.68$2.87—$22.0048.50%$0.38$0.556244
27100$2.28$2.57—$22.5050.40%$0.58$0.73146
1941,021$1.96$2.20—$23.0051.69%$0.76$0.9713550
146119$1.75$1.98—$23.5051.43%$1.00$1.136451
1,546569$1.55$1.75—$24.0053.79%$1.27$1.463417
1,8651,592$1.24$1.3657.19%$25.00—$1.84$2.14215
3611,039$1.00$1.0860.65%$26.00—$2.45$3.05270
339290$0.79$0.9264.45%$27.00—————
314154$0.67$0.8269.43%$28.00—$4.20$4.85101
255258$0.57$0.7073.01%$29.00—————
505472$0.53$0.5876.79%$30.00—$6.05$6.6506

Forward $24.29. The 25-delta put carries -22.61 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 54.71%±4.30skew -18.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
13$6.10$8.70—$17.00—————
03$5.50$6.70—$18.0056.99%$0.05$0.111514
089$5.10$6.10—$18.50—————
6073$5.20$5.50—$19.0050.31%$0.08$0.11402129
1412$4.55$5.05—$19.5050.96%$0.12$0.171022
6686,636$4.30$4.60—$20.0049.24%$0.16$0.2061298
4163$3.70$4.25—$20.50—————
281702$3.55$3.75—$21.0049.63%$0.29$0.4023133
108352$3.05$3.35—$21.5049.41%$0.39$0.512117
6381,674$2.71$2.97—$22.0049.96%$0.53$0.66398131
122721$2.41$2.70—$22.5051.01%$0.68$0.884207
8312,367$2.11$2.37—$23.0051.56%$0.88$1.08217156
649305$1.91$2.10—$23.5052.55%$1.16$1.2814156
1,7561,252$1.81$1.86—$24.0055.11%$1.42$1.6526111
275174$1.58$1.6754.25%$24.50—$1.61$1.93203
5,41213,383$1.40$1.5155.64%$25.00—$2.01$2.27193
5091,131$1.15$1.2659.41%$26.00—$2.72$3.05520
1,1821,904$1.00$1.0964.13%$27.00—$3.40$4.05010
1,2001,618$0.87$0.9067.27%$28.00—————
366552$0.64$0.8068.77%$29.00—————
5,1515,675$0.67$0.6874.00%$30.00—$6.05$6.65110

Forward $24.35. The 25-delta put carries -18.81 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 57.31%±6.83skew -20.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$9.20$11.20—$14.00—————
231765$9.10$9.70—$15.0057.11%$0.07$0.101,20725
171,685$7.70$8.90—$16.0055.15%$0.11$0.154,35472
42268$7.15$7.85—$17.0052.32%$0.15$0.211,63651
1232,436$6.35$6.90—$18.0051.88%$0.27$0.313,54956
1302,263$5.60$6.05—$19.0050.69%$0.40$0.453,958241
1,0968,841$4.90$5.15—$20.0050.73%$0.60$0.688,548178
3156,910$4.25$4.50—$21.0050.12%$0.85$0.944,704833
7275,645$3.60$3.80—$22.0052.30%$1.23$1.425,24748
4173,366$3.10$3.35—$23.0051.87%$1.59$1.864,22745
3633,168$2.67$2.90—$24.0055.13%$2.20$2.5263180
3,09829,978$2.38$2.4456.47%$25.00—$2.78$3.101,08443
7582,412$2.05$2.2058.51%$26.00—$3.45$3.901660
9464,370$1.73$1.9559.52%$27.00—$4.15$4.702,2720
2521,491$1.53$1.7060.92%$28.00—$4.95$5.351170
2124,422$1.33$1.5262.31%$29.00—$5.70$6.40500
5,14715,925$1.31$1.3665.39%$30.00—$6.70$7.052,37312
197770$1.04$1.3066.14%$31.00—$7.40$8.55180
1,05710,820$1.07$1.1569.02%$32.00—$8.30$9.35260
93793$0.96$1.1071.03%$33.00—$8.90$10.4510
58247$0.87$1.0472.82%$34.00—$9.70$11.6080

Forward $24.43. The 25-delta put carries -20.91 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 55.43%±7.63skew -16.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3443,477$9.50$9.70—$15.0055.26%$0.11$0.177,36614
2157,656$8.30$9.00—$16.00—————
8165$7.35$8.00—$17.00—————
1363,889$6.60$7.05—$18.0050.21%$0.34$0.462,0612
303,846$6.00$6.15—$19.0051.08%$0.55$0.691,46519
4,77132,691$5.25$5.35—$20.0050.48%$0.80$0.9013,134116
2001,505$4.50$4.80—$21.0050.66%$1.06$1.275,15927
2215,324$4.00$4.25—$22.0051.10%$1.49$1.621,02293
1,7229,007$3.40$3.80—$23.0052.65%$1.97$2.162,71625
1,2572,488$3.10$3.25—$24.0054.17%$2.40$2.885819
6,90050,997$2.75$2.7754.79%$25.00—$3.10$3.356,88043
3312,059$2.29$2.5655.71%$26.00—$3.70$4.202000
4565,151$2.10$2.2657.46%$27.00—$4.40$4.806641
2702,028$1.81$2.0057.92%$28.00—$5.15$5.857164
392735$1.60$1.8759.74%$29.00—$5.80$6.40121
6,73453,394$1.54$1.6461.52%$30.00—$6.80$7.2012,15121
4841,906$1.37$1.5262.84%$31.00—$7.40$8.65660
53112,028$1.27$1.3764.15%$32.00—$8.45$9.301360
2342$1.14$1.3165.75%$33.00—$8.60$10.6080
19491$1.04$1.2066.80%$34.00—$10.25$10.8031
1,03313,853$1.01$1.1068.50%$35.00—$11.25$12.052410

Forward $24.53. The 25-delta put carries -16.15 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.