Options Skew Analytics

GPN option chain

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

Data as of 22 September 2026 (end of day)

2026-10-16(24 days)ATM 36.81%±8.06skew +1.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$23.40$27.30—$60.00—————
016$18.50$22.20—$65.00—————
08$14.40$16.90—$70.00—————
051$10.00$11.50—$75.00—————
3527$6.10$7.10—$80.0038.20%$1.10$1.3539426
06$4.40$5.30—$82.5037.47%$1.85$2.101061
287$3.20$3.60—$85.0036.93%$2.85$3.2027412
1240$2.10$2.4536.57%$87.50—$4.10$4.70984
13336$1.30$1.6036.33%$90.00—$5.60$6.601200
30104$0.80$1.0036.48%$92.50—$7.50$8.70150
13343$0.50$0.8038.89%$95.00—$9.40$10.801240
1219$0.30$0.4538.60%$97.50—$11.10$13.5070
14455$0.20$0.3039.94%$100.00—$14.10$15.6030

Forward $85.38. The 25-delta put carries +1.72 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 41.82%±14.40skew +0.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$24.80$27.40—$60.00—————
05$22.50$24.90—$62.50—————
014$20.10$22.20—$65.00—————
032$17.90$19.70—$67.5047.83%$0.60$0.90140
0342$16.60$17.70—$70.0046.87%$0.85$1.25649
02$13.80$15.60—$72.5045.74%$1.20$1.65780
064$11.70$13.30—$75.0044.62%$1.75$2.0526731
015$9.90$11.40—$77.5042.42%$2.15$2.60310
0159$8.30$9.70—$80.0043.04%$3.10$3.501985
10200$5.70$6.40—$85.0042.11%$5.10$5.70310
12726$3.60$4.2041.54%$90.00—$7.90$8.60716
2280$2.20$2.7541.85%$95.00—$11.00$12.5010
1535$1.20$1.8041.92%$100.00—$15.00$16.60140
7150$0.70$1.0541.94%$105.00—$19.50$21.2010
—————$110.00—$23.50$26.1030

Forward $85.65. The 25-delta put carries +0.57 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 40.36%±16.91skew +2.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$43.70$47.50—$40.00—————
07$33.80$37.70—$50.00—————
04$29.90$32.40—$55.00—————
011$25.20$27.30—$60.00—————
02$22.90$25.40—$62.50—————
05$20.80$22.90—$65.00—————
03$18.60$20.40—$67.5045.94%$0.95$1.50510
055$16.40$18.30—$70.0044.94%$1.30$1.905060
020$14.40$16.40—$72.5043.63%$1.85$2.20770
039$12.70$14.30—$75.0042.23%$2.25$2.80540
059$10.90$12.50—$77.5042.12%$3.10$3.50400
0164$9.30$10.60—$80.0041.57%$3.90$4.40850
0113$6.70$7.40—$85.0040.39%$6.10$6.401003
7110$4.70$5.2040.33%$90.00—$8.70$9.503310
1081$2.90$3.5039.12%$95.00—$11.90$13.00370
0272$2.00$2.3539.74%$100.00—$15.40$17.30110
0207$1.30$1.6540.42%$105.00—$19.30$22.5010
041$0.75$1.1040.24%$110.00—$23.70$27.1010

Forward $85.81. The 25-delta put carries +2.38 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 39.83%±19.23skew +2.16
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$48.60$52.60—$35.00—————
060$43.70$47.60—$40.00—————
02$38.80$42.70—$45.00—————
0171$34.90$37.40—$50.00—————
08$30.00$32.70—$55.0049.48%$0.40$0.452162
077$25.50$27.60—$60.0048.02%$0.70$0.903,274300
029$23.30$25.90—$62.50—————
068$21.20$23.20—$65.0045.84%$1.00$1.656650
08$19.20$21.40—$67.5044.77%$1.35$2.00380
0130$17.00$19.60—$70.0043.33%$1.90$2.201260
035$15.20$17.10—$72.5042.70%$2.45$2.751660
0133$13.50$15.20—$75.0041.41%$3.00$3.302080
045$11.80$13.40—$77.5041.11%$3.80$4.106313
75439$10.30$11.40—$80.0040.40%$4.50$5.105030
0469$7.70$8.40—$85.0039.98%$6.80$7.301,3790
1460$5.60$6.2039.72%$90.00—$9.50$10.10516
382,690$3.90$4.4039.08%$95.00—$12.40$13.80810
19,052$2.80$3.1039.25%$100.00—$15.80$17.70320
1743$1.95$2.2039.45%$105.00—$19.90$22.001,2610
01,980$1.35$1.8540.96%$110.00—$24.50$26.4050

Forward $86.01. The 25-delta put carries +2.16 volatility points over the 25-delta call.

2027-02-19(150 days)ATM 39.73%±22.12skew +3.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$62.5047.41%$1.20$1.9040
—————$65.0046.56%$1.55$2.3050
—————$67.5045.61%$2.00$2.7030
01$18.20$20.60—$70.0044.55%$2.35$3.3060
—————$72.5044.15%$2.95$4.0020
—————$75.0043.35%$3.60$4.7010
—————$77.5042.23%$4.10$5.6010
018$9.10$10.50—$85.00—————
025$6.90$7.8039.72%$90.00—————
019$5.10$6.1039.69%$95.00—————
511$3.80$4.5039.34%$100.00—————
0157$2.65$3.7039.86%$105.00—————
023$1.95$2.8040.04%$110.00—————

Forward $86.86. The 25-delta put carries +3.49 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 40.74%±24.60skew +3.06
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
051$26.70$29.30—$60.00—————
—————$62.5046.65%$1.50$2.40200
044$22.60$24.60—$65.00—————
024$20.70$22.90—$67.5044.57%$2.65$2.95103244
02,169$18.90$20.70—$70.0044.05%$3.20$3.60220
04$17.10$19.20—$72.5043.35%$3.80$4.30340
0123$15.70$17.40—$75.0043.00%$4.60$5.107430
038$13.90$15.80—$77.5042.21%$5.40$5.90460
030$12.50$14.20—$80.0041.70%$6.30$6.9070
088$9.90$10.80—$85.0041.20%$8.60$9.206030
03,624$7.80$8.5040.74%$90.00—————
0106$5.90$6.6040.00%$95.00—$14.30$15.1050
04,579$4.60$5.1039.98%$100.00—————
023$3.50$3.9039.81%$105.00—————
0400$2.70$3.0039.95%$110.00—————
02$1.95$2.5040.32%$115.00—————
080$1.30$2.1540.59%$120.00—————

Forward $86.48. The 25-delta put carries +3.06 volatility points over the 25-delta call.

2027-06-17(268 days)ATM 41.12%±30.84skew +2.56
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$60.0047.05%$2.05$3.20500
—————$65.0045.01%$2.95$4.10190
01$22.70$24.70—$67.5043.51%$3.20$4.70250
—————$70.0043.83%$4.10$5.50170
—————$72.5043.08%$4.80$6.20750
—————$75.0042.69%$5.60$7.10420
01$15.10$16.90—$80.0042.00%$7.50$9.101150
08$12.40$14.50—$85.0041.45%$9.80$11.40970
014$10.40$11.4041.24%$90.00—$12.50$14.10630
0137$8.50$9.6041.04%$95.00—$15.60$17.2010
0125$6.90$8.0040.78%$100.00—————
062$5.50$6.7040.55%$105.00—————
052$4.40$5.6040.46%$110.00—————
096$3.50$4.7040.44%$115.00—————
032$2.85$3.9040.52%$120.00—————
011$1.75$2.8040.64%$130.00—————

Forward $87.52. The 25-delta put carries +2.56 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.