Options Skew Analytics

HLT option chain

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

Data as of 22 September 2026 (end of day)

2026-10-02(10 days)ATM 25.48%±13.04skew +3.56
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$292.5031.14%$0.85$1.4010
—————$295.0030.22%$1.10$1.7560
—————$297.5028.60%$1.45$1.95115
06$10.30$13.30—$300.00—————
—————$302.5026.87%$2.40$3.10450
—————$305.0026.93%$3.10$4.2040
088$5.10$8.00—$307.5026.12%$4.00$5.10100
105$4.20$5.3025.41%$310.00—$5.20$6.10130
100$3.40$4.2025.99%$312.50—————
05$2.35$3.2025.26%$315.00—$7.00$9.7003
52$1.60$2.4525.04%$317.50—————
03$1.15$1.8525.26%$320.00—————

Forward $309.10. The 25-delta put carries +3.56 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 25.23%±20.05skew +2.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
039$112.50$116.40—$195.00—————
023$107.30$111.50—$200.00—————
033$97.70$101.40—$210.00—————
057$87.70$91.50—$220.00—————
042$77.70$81.50—$230.00—————
054$67.80$71.70—$240.00—————
0123$57.90$61.70—$250.00—————
053$48.20$51.40—$260.00—————
043$39.00$42.30—$270.00—————
059$30.10$32.80—$280.00—————
074$20.80$24.00—$290.0028.94%$1.85$2.652651
0160$13.50$15.60—$300.0026.57%$3.70$4.801562
01$10.10$12.30—$305.0025.69%$5.30$6.4020
03$8.50$10.90—$307.5025.53%$6.20$7.60290
6365$7.40$8.5025.30%$310.00—$7.40$8.701471
011$6.10$7.3024.98%$312.50—————
5101$3.40$4.3024.54%$320.00—$12.70$15.30650
07$2.70$3.6024.47%$322.50—————
01$2.15$2.8524.19%$325.00—————
—————$330.00—$20.40$22.901850
—————$340.00—$29.50$32.5010

Forward $309.90. The 25-delta put carries +2.38 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 28.26%±35.35skew +3.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$270.0033.43%$2.60$3.2020
—————$280.0032.06%$4.00$4.80100
10$26.50$29.10—$290.0030.40%$6.10$6.7030
—————$300.0029.27%$9.00$9.8001
01$13.90$15.50—$310.0028.60%$13.10$14.1002
31$9.40$10.3027.50%$320.00—————
62$6.10$6.7027.04%$330.00—————
40$3.50$4.3026.51%$340.00—————
19$1.85$2.9026.52%$350.00—————

Forward $311.11. The 25-delta put carries +3.89 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 27.08%±41.25skew +3.04
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
043$124.80$128.30—$185.00—————
041$119.40$123.30—$190.00—————
053$114.90$118.40—$195.00—————
047$110.20$113.50—$200.00—————
056$100.50$103.80—$210.00—————
060$90.40$94.10—$220.00—————
035$81.10$84.50—$230.00—————
010$71.20$74.40—$240.00—————
02$62.10$65.80—$250.00—————
02$52.90$56.10—$260.0032.85%$2.35$3.40550
050$44.70$48.00—$270.0031.47%$3.40$4.801100
077$36.60$39.20—$280.0029.84%$4.90$6.401583
0345$29.50$31.40—$290.0028.48%$7.30$8.404411
0236$22.60$24.40—$300.0028.55%$11.20$11.905232
0276$16.60$18.30—$310.0027.41%$14.60$16.302254
4077$11.90$13.4026.76%$320.00—$19.30$21.90620
095$8.00$9.5026.05%$330.00—$25.70$27.80130
0346$5.10$6.5025.44%$340.00—$32.50$35.202861
0258$3.20$4.2024.97%$350.00—$40.90$43.5020
0117$2.00$2.7524.91%$360.00—————
293$1.25$1.9025.24%$370.00—————

Forward $312.02. The 25-delta put carries +3.04 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 26.29%±46.35skew +4.50
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
761$126.00$129.20—$185.00—————
023$121.10$123.70—$190.00—————
629$115.90$119.50—$195.00—————
2127$111.30$114.70—$200.00—————
414$102.00$104.90—$210.00—————
1036$92.50$95.00—$220.00—————
841$83.00$85.80—$230.00—————
066$73.50$76.50—$240.00—————
0150$64.50$67.30—$250.0033.31%$2.25$3.304180
0107$55.50$58.60—$260.0031.83%$3.10$4.40440
0159$47.00$50.20—$270.0030.18%$4.40$5.501100
0259$39.00$41.80—$280.0029.61%$6.10$8.003730
0241$32.00$34.40—$290.0028.69%$8.50$10.602800
01,023$25.50$28.10—$300.0027.47%$11.60$13.407890
1221$19.50$22.20—$310.0027.27%$15.80$17.906720
0323$14.50$16.4026.05%$320.00—$21.10$23.001870
0187$10.50$12.5025.75%$330.00—$26.90$29.702470
0431$7.40$9.2025.39%$340.00—$33.80$36.20330
1270$5.10$6.6025.12%$350.00—$41.50$44.30330
7126$3.30$4.8024.94%$360.00—$50.20$53.30170
0123$2.10$3.4024.81%$370.00—————

Forward $314.05. The 25-delta put carries +4.50 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 27.59%±60.88skew +3.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
047$118.70$121.80—$195.00—————
016$114.00$117.10—$200.00—————
035$104.70$107.70—$210.00—————
046$95.50$98.50—$220.00—————
06$85.70$89.00—$230.00—————
027$77.50$80.40—$240.0034.03%$3.00$4.8040
028$69.00$71.70—$250.0032.45%$3.90$5.8070
031$60.50$63.40—$260.0031.16%$5.30$7.001100
022$52.50$55.00—$270.0030.46%$7.00$9.20130
012$45.00$47.30—$280.0029.42%$9.70$10.80114
029$38.50$40.90—$290.0028.65%$11.90$14.2040
025$32.00$34.20—$300.0028.40%$16.10$17.509821
2849$26.10$27.60—$310.0027.94%$19.90$22.10100
11173$21.00$23.2027.69%$320.00—$25.00$27.00160
056$16.20$18.7026.89%$330.00—$30.50$33.20910
0121$12.30$15.0026.36%$340.00—$36.80$39.00440
142$9.40$11.6025.90%$350.00—$43.90$46.90110
5159$7.10$9.2025.79%$360.00—$52.30$54.4050
1261$5.30$7.1025.60%$370.00—————
058$3.80$5.4025.33%$380.00—————
023$2.00$3.3025.43%$400.00—————

Forward $316.02. The 25-delta put carries +3.63 volatility points over the 25-delta call.

2027-06-17(268 days)ATM 27.63%±75.68skew +4.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$117.00$120.70—$200.00—————
08$108.20$111.80—$210.0036.42%$2.40$4.0040
—————$220.0035.98%$3.30$5.3050
—————$230.0035.43%$4.20$7.0040
—————$240.0033.24%$5.20$7.3010
01$74.50$77.60—$250.0031.93%$6.40$8.6020
08$66.30$69.50—$260.0030.82%$7.70$10.5030
012$59.00$61.90—$270.00—————
024$52.00$54.20—$280.0029.62%$12.70$15.3020
030$45.40$48.20—$290.0028.92%$15.50$18.40230
0144$39.10$41.90—$300.00—————
055$33.40$36.50—$310.0028.51%$23.90$26.50170
061$28.30$30.9028.15%$320.00—$28.60$31.201660
044$23.50$26.2027.55%$330.00—$34.10$37.00120
0160$19.10$22.1026.98%$340.00—$39.90$43.004030
016$15.50$18.4026.51%$350.00—$46.70$49.80150
07$12.70$15.3026.30%$360.00—————
06$9.90$12.6025.86%$370.00—————
09$7.60$10.4025.52%$380.00—————
09$6.00$8.4025.31%$390.00—————
03$4.70$6.8025.16%$400.00—————

Forward $319.69. The 25-delta put carries +4.10 volatility points over the 25-delta call.

2027-09-17(360 days)ATM 27.56%±88.62skew +3.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$143.50$146.70—$175.00—————
01$139.00$142.20—$180.00—————
—————$210.0035.79%$3.70$5.8010
—————$230.0033.40%$5.50$8.0010
—————$240.0032.56%$7.20$9.2010
—————$250.0031.69%$8.80$10.90110
—————$270.0030.40%$12.80$15.8010
—————$280.0029.77%$15.60$18.4060
02$51.50$54.90—$290.0029.24%$18.60$21.7050
012$45.80$49.00—$300.0028.99%$22.20$25.8030
07$39.80$43.10—$310.00—————
081$34.80$38.40—$320.0028.56%$31.40$34.6020
046$30.00$33.1027.87%$330.00—$37.20$40.00170
039$25.50$28.8027.38%$340.00—$42.70$46.00190
0276$21.50$24.8026.89%$350.00—$49.10$52.4080
036$18.00$21.3026.50%$360.00—————
061$15.30$18.2026.29%$370.00—————
091$12.70$15.5026.01%$380.00—————
034$10.40$13.1025.70%$390.00—————
01$8.60$11.9025.95%$400.00—————
01$4.80$7.8024.59%$420.00—————

Forward $323.76. The 25-delta put carries +3.81 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.