Options Skew Analytics

HONA option chain

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

Data as of 9 November 2026 (end of day)

2026-11-20(11 days)ATM 49.04%±14.12skew +5.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$54.90$57.90—$110.00—————
02$40.10$42.80—$125.00—————
057$35.10$37.30—$130.00—————
060$30.30$32.80—$135.00—————
432$25.30$27.90—$140.00—————
046$20.60$23.00—$145.0054.79%$0.45$0.601,044147
2128$15.90$18.50—$150.0051.13%$0.75$1.05983124
29137$12.10$12.90—$155.0051.74%$1.50$2.2531838
50265$8.60$9.40—$160.0049.89%$2.65$3.7069310
641,375$5.60$6.50—$165.0049.08%$4.70$5.7047338
161621$3.40$4.3048.94%$170.00—$7.50$8.402970
1391,028$1.85$2.3046.45%$175.00—$11.00$12.001303
46525$1.00$1.6048.83%$180.00—$14.00$16.201310
—————$190.00—$22.80$25.4030
—————$200.00—$32.80$35.3020

Forward $165.85. The 25-delta put carries +5.30 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 44.45%±24.19skew +1.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$59.50$62.90—$105.00—————
02$54.10$58.10—$110.00—————
02$50.20$53.00—$115.00—————
051$45.50$48.00—$120.00—————
01$40.70$43.30—$125.00—————
0166$36.00$38.60—$130.0051.51%$0.65$0.901816
0124$31.40$33.90—$135.0050.55%$0.90$1.504705
129$27.30$29.70—$140.0048.48%$1.35$2.0071656
091$22.80$25.30—$145.0047.63%$2.10$2.8526924
0279$18.90$21.50—$150.0046.50%$3.10$3.9042072
15151$15.70$17.20—$155.0046.57%$4.30$5.809379
63287$12.60$14.00—$160.0046.44%$6.20$7.7028726
45306$9.80$11.30—$165.0045.62%$8.30$9.9024142
611,170$7.60$8.3044.04%$170.00—$11.00$12.501412
3910,822$5.50$6.6043.88%$175.00—$14.10$15.601210
53577$4.00$5.0043.64%$180.00—$17.50$18.90981
21115$2.75$4.4045.11%$185.00—$20.40$22.60290
18324$1.95$2.5042.40%$190.00—$24.50$26.90720
10269$1.40$2.0043.48%$195.00—$28.70$31.30160
195790$0.95$1.2542.54%$200.00—$33.30$36.001320
—————$210.00—$42.90$45.5020

Forward $166.46. The 25-delta put carries +1.39 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 43.91%±31.34skew +2.75
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
119$65.40$68.20—$100.00—————
20$60.70$63.30—$105.00—————
01$51.00$53.60—$115.00—————
01$41.60$44.50—$125.00—————
058$37.10$39.60—$130.0047.52%$1.20$2.003884
052$32.80$35.60—$135.00—————
418$28.90$31.40—$140.0046.51%$2.45$3.9077651
03$24.80$27.40—$145.0045.78%$3.40$5.10370500
06$21.10$23.60—$150.0044.95%$4.70$6.409215
40126$17.70$20.10—$155.0043.25%$6.30$7.5016136
130$14.40$17.10—$160.0044.49%$8.20$10.40410
558$12.30$14.10—$165.0044.10%$10.50$12.70170
694$10.10$11.7043.88%$170.00—$13.20$15.00350
1336$8.00$9.5043.12%$175.00—$15.50$18.00200
1376$6.40$7.7042.92%$180.00—$18.80$21.3010
042$5.00$6.1042.46%$185.00—$22.10$24.8050
24116$3.90$4.8042.20%$190.00—$26.00$28.5010
126$3.00$3.7041.86%$195.00—————
68318$2.25$2.9541.82%$200.00—$34.20$36.8010
657$1.30$1.6041.18%$210.00—$43.40$45.9030

Forward $166.61. The 25-delta put carries +2.75 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 44.16%±44.06skew +2.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
045$57.40$59.80—$110.00—————
014$52.90$55.80—$115.00—————
027$48.50$51.30—$120.00—————
025$43.30$47.30—$125.00—————
011$39.90$42.50—$130.0048.74%$3.50$5.503750
132$36.10$39.20—$135.0048.50%$4.40$7.0059910
0125$32.70$35.50—$140.0045.17%$5.70$6.701612
014$29.10$32.00—$145.0044.86%$7.10$8.3010614
0122$25.80$28.50—$150.0044.36%$8.80$9.9027510
2104$22.60$25.50—$155.0045.21%$10.50$12.90880
1106$19.90$22.50—$160.0044.42%$12.60$14.802953
7219$17.40$20.00—$165.0043.61%$15.20$16.60342
10164$14.80$17.4044.29%$170.00—$17.80$20.00580
75,485$13.20$14.9044.10%$175.00—$19.50$22.50270
299$11.70$13.2044.54%$180.00—$22.40$25.50460
057$10.00$11.4044.11%$185.00—$25.70$28.90160
483$8.40$9.8043.58%$190.00—$29.30$32.301152
17$6.60$8.5042.68%$195.00—$33.00$35.90100
45311$6.10$6.8042.59%$200.00—$36.80$39.801490
4510,606$4.30$4.9042.21%$210.00—$45.10$48.00160
65172$3.00$3.5041.96%$220.00—$53.90$56.70180

Forward $167.16. The 25-delta put carries +2.27 volatility points over the 25-delta call.

2027-06-17(220 days)ATM 43.02%±56.64skew +6.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$59.20$62.20—$110.00—————
—————$120.0049.30%$4.00$6.502830
01$47.00$50.70—$125.0045.74%$4.80$6.00710
018$43.20$47.10—$130.0047.83%$6.00$8.80200
01$40.20$43.60—$135.0046.09%$6.60$10.001470
111$37.40$40.10—$140.0045.93%$8.30$11.501620
13$34.00$37.00—$145.0045.11%$10.00$12.804428
134$31.00$33.80—$150.0045.10%$11.80$15.001750
457$28.00$31.10—$155.0044.37%$13.50$17.0070
358$25.10$28.30—$160.0044.36%$16.20$19.00513
210,055$22.60$25.80—$165.0043.70%$18.10$21.50240
1573$20.40$23.5043.41%$170.00—$20.70$24.00110
08$18.10$21.2042.85%$175.00—$23.50$27.00140
254$16.60$19.2043.06%$180.00—$26.50$30.0080
136$15.00$18.0043.66%$185.00—$29.60$33.0080
122$13.70$15.3042.79%$190.00—$32.90$36.0070
32$12.20$13.6042.44%$195.00—$36.50$39.5060
9620,089$10.90$12.0042.11%$200.00—$40.10$43.0070
069$7.20$9.6040.29%$210.00—$47.70$50.7060
0279$5.10$7.7039.70%$220.00—$55.90$58.9010
—————$230.00—$64.40$67.8010

Forward $169.59. The 25-delta put carries +6.23 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.