Options Skew Analytics

IBIT option chain

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

Data as of 9 November 2026 (end of day)

2026-11-10(1 day)ATM 43.64%±0.97skew +4.68
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
28$7.00$7.55—$35.00—————
1314$6.05$6.60—$36.00—————
37$5.05$5.60—$37.00—————
210$4.15$4.65—$38.0099.09%$0.01$0.02201992
220$3.15$3.55—$39.0078.16%$0.01$0.022591,329
11$2.79$2.82—$39.5067.64%$0.01$0.02217120
2056$2.29$2.33—$40.0062.64%$0.02$0.038421,165
2740$1.81$1.84—$40.5058.32%$0.04$0.05360225
1705$1.34$1.37—$41.0052.50%$0.07$0.08441513
1,113803$0.90$0.94—$41.5047.39%$0.13$0.143102,640
83434$0.55$0.56—$42.0044.45%$0.26$0.276982,819
3,542309$0.28$0.2943.26%$42.50—$0.49$0.511,0201,109
12,663386$0.12$0.1342.71%$43.00—$0.83$0.861,347401
22,971364$0.05$0.0644.69%$43.50—$1.25$1.29208154
860371$0.03$0.0451.15%$44.00—$1.73$1.76927131
816577$0.01$0.0252.70%$44.50—$2.22$2.251245
1,8221,624$0.01$0.0262.04%$45.00—$2.58$2.8416350
—————$45.50—$3.05$3.351558
—————$46.00—$3.45$4.00529
—————$46.50—$3.95$4.501522
—————$47.00—$4.45$4.808211

Forward $42.28. The 25-delta put carries +4.68 volatility points over the 25-delta call.

2026-11-11(2 days)ATM 42.46%±1.33skew +3.59
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
19$5.05$5.75—$37.0084.89%$0.01$0.0219334
767$4.15$4.60—$38.0070.07%$0.01$0.021,0241,022
9023$3.25$3.35—$39.0060.25%$0.02$0.03362439
—————$39.5055.84%$0.03$0.04791,309
18$2.32$2.36—$40.0052.53%$0.05$0.063851,187
1601$1.86$1.89—$40.5050.45%$0.09$0.10213439
4105$1.42$1.45—$41.0047.73%$0.15$0.162001,304
9192,541$1.02$1.05—$41.5045.00%$0.24$0.2650724
279204$0.68$0.70—$42.0043.45%$0.40$0.42548242
1,84283$0.42$0.4341.99%$42.50—$0.63$0.659832,158
820476$0.23$0.2541.41%$43.00—$0.94$0.97449349
1,423390$0.12$0.1341.26%$43.50—$1.33$1.365652
8,424360$0.06$0.0742.21%$44.00—$1.76$1.801,409181
173752$0.03$0.0443.89%$44.50—$2.23$2.274172
133835$0.02$0.0348.01%$45.00—$2.72$2.763894
21292$0.01$0.0250.25%$45.50—$3.20$3.25181
157440$0.01$0.0256.44%$46.00—————
—————$46.50—$3.75$4.95111
—————$47.00—$3.70$5.008020
—————$47.50—$4.95$5.55220
—————$48.00—$4.70$6.907320

Forward $42.28. The 25-delta put carries +3.59 volatility points over the 25-delta call.

2026-11-12(3 days)ATM 42.02%±1.61skew +5.45
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
014$5.20$5.60—$37.0074.99%$0.02$0.03362
06$4.30$4.35—$38.0065.90%$0.03$0.041011
020$3.30$3.40—$39.0057.54%$0.05$0.0619213
02$2.84$2.88—$39.5054.13%$0.07$0.086973
1013$2.37$2.41—$40.0050.89%$0.10$0.11341353
—————$40.5047.81%$0.14$0.1681409
110$1.50$1.53—$41.0045.95%$0.22$0.24319256
53$1.12$1.15—$41.5044.02%$0.34$0.357620
10226$0.80$0.82—$42.0042.64%$0.51$0.52322168
35616$0.53$0.5541.72%$42.50—$0.74$0.762,697218
17162$0.33$0.3541.03%$43.00—$1.04$1.0615155
13569$0.19$0.2140.50%$43.50—$1.40$1.432685
237437$0.11$0.1240.72%$44.00—$1.81$1.844752
44386$0.06$0.0741.32%$44.50—$2.26$2.30975
1,047610$0.03$0.0441.80%$45.00—$2.73$2.771154
1011,074$0.02$0.0344.69%$45.50—$3.20$3.302072
9235$0.01$0.0246.03%$46.00—$3.70$3.75160
0140$0.01$0.0250.95%$46.50—$3.75$4.95220
45101$0.01$0.0255.75%$47.00—$4.45$5.005050
18110$0.01$0.0260.44%$47.50—$4.20$6.2020
—————$48.00—$4.70$6.7090

Forward $42.29. The 25-delta put carries +5.45 volatility points over the 25-delta call.

2026-11-13(4 days)ATM 41.94%±1.86skew +5.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4102$5.30$5.35—$37.0068.85%$0.03$0.042,353131
062$4.30$4.40—$38.0059.98%$0.04$0.054,0251,149
10$3.85$3.90—$38.5056.22%$0.05$0.06865127
142$3.35$3.40—$39.0053.64%$0.07$0.082,848260
613$2.89$2.93—$39.5051.33%$0.10$0.112,0211,855
8348$2.44$2.47—$40.0049.84%$0.15$0.166,3961,165
5571$2.00$2.03—$40.5047.46%$0.21$0.221,180398
89175$1.59$1.62—$41.0045.57%$0.30$0.3112,5794,372
37455$1.22$1.25—$41.5043.80%$0.42$0.441,753324
1,019283$0.91$0.92—$42.0042.49%$0.60$0.615,714866
1,561774$0.64$0.6541.72%$42.50—$0.83$0.8513,7131,296
1,3913,188$0.43$0.4441.03%$43.00—$1.12$1.146,150471
2,99728,032$0.27$0.2940.56%$43.50—$1.47$1.494,662140
3,24215,422$0.17$0.1840.52%$44.00—$1.86$1.893,269221
5505,918$0.10$0.1140.54%$44.50—$2.29$2.321,74118
3,14238,230$0.06$0.0741.31%$45.00—$2.75$2.781,347346
1,4483,682$0.03$0.0441.06%$45.50—$3.20$3.3097114
1,0036,490$0.02$0.0343.21%$46.00—$3.70$3.751,13320
2101,603$0.01$0.0243.98%$46.50—$4.20$4.2560611
2894,783$0.01$0.0248.14%$47.00—$4.50$4.859045
7744,178$0.01$0.0252.20%$47.50—$5.00$5.354981

Forward $42.30. The 25-delta put carries +5.01 volatility points over the 25-delta call.

2026-11-16(7 days)ATM 37.43%±2.19skew +4.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$4.85$4.90—$37.5051.90%$0.05$0.06711
16$4.35$4.40—$38.0049.67%$0.06$0.082,33133
11$3.85$3.95—$38.5047.49%$0.08$0.100480
903$3.40$3.45—$39.0045.17%$0.11$0.127937
10$2.95$2.99—$39.5043.87%$0.15$0.1705
1021$2.51$2.55—$40.0042.16%$0.21$0.22412341
—————$40.5041.15%$0.29$0.31215
556$1.70$1.73—$41.0040.02%$0.40$0.424871
270$1.35$1.38—$41.5039.02%$0.55$0.5619915
3735$1.04$1.06—$42.0038.09%$0.73$0.7527993
8828$0.77$0.7937.24%$42.50—$0.96$0.981,6951,491
279107$0.56$0.5736.80%$43.00—$1.24$1.2691662
4229$0.39$0.4036.41%$43.50—$1.57$1.601,73013
197419$0.26$0.2736.01%$44.00—$1.94$1.989513
298129$0.17$0.1835.94%$44.50—$2.35$2.391045
714239$0.11$0.1236.17%$45.00—$2.79$2.831685
16348$0.06$0.0835.95%$45.50—$3.25$3.30772
57139$0.04$0.0536.42%$46.00—$3.70$3.801117
1,281305$0.03$0.0438.25%$46.50—$4.20$4.3051
422$0.02$0.0339.38%$47.00—$4.70$4.751,1750
317$0.01$0.0341.16%$47.50—————

Forward $42.31. The 25-delta put carries +4.02 volatility points over the 25-delta call.

2026-11-17(8 days)ATM 38.04%±2.38skew +5.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$4.85$4.90—$37.5051.82%$0.07$0.081205
5011$4.35$4.45—$38.0049.22%$0.08$0.10491
—————$38.5047.28%$0.11$0.1214
901$3.40$3.50—$39.0045.56%$0.14$0.16239209
—————$39.5044.51%$0.20$0.212510
—————$40.0043.02%$0.26$0.2840517
01$2.15$2.19—$40.5041.84%$0.35$0.37015
20$1.77$1.81—$41.0040.88%$0.47$0.49709105
01$1.42$1.46—$41.5039.66%$0.62$0.632322
02$1.12$1.14—$42.0038.65%$0.80$0.82211102
10$0.85$0.8737.86%$42.50—$1.03$1.052365
1212$0.62$0.6436.97%$43.00—$1.31$1.337517
813$0.45$0.4736.87%$43.50—$1.63$1.662420
46173$0.31$0.3336.43%$44.00—$1.99$2.038601
066$0.21$0.2336.33%$44.50—————
1332$0.14$0.1636.47%$45.00—$2.82$2.8650
343$0.09$0.1136.61%$45.50—$3.25$3.3523
9435$0.06$0.0736.72%$46.00—$3.75$3.80120
260$0.04$0.0537.44%$46.50—$4.20$4.3002
156$0.03$0.0438.96%$47.00—$4.70$4.80802800
—————$47.50—$5.20$5.3010

Forward $42.32. The 25-delta put carries +5.41 volatility points over the 25-delta call.

2026-11-18(9 days)ATM 38.48%±2.56skew +4.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$5.35$5.45—$37.0053.16%$0.07$0.08950
—————$37.5050.84%$0.08$0.1003
906$4.40$4.45—$38.0049.20%$0.11$0.12552220
—————$38.5047.38%$0.14$0.15378
900$3.45$3.55—$39.0046.07%$0.18$0.2011530
14$2.62$2.66—$40.0043.36%$0.31$0.331616
02$2.21$2.25—$40.5041.89%$0.40$0.42140
21$1.84$1.87—$41.0040.94%$0.52$0.554241
01$1.49$1.53—$41.5040.00%$0.68$0.70310
83$1.19$1.21—$42.0039.12%$0.87$0.894320
39799$0.92$0.9438.34%$42.50—$1.10$1.1210052
345$0.69$0.7237.78%$43.00—$1.37$1.4059714
37377$0.51$0.5337.28%$43.50—$1.68$1.725091
11202$0.37$0.3937.17%$44.00—$2.04$2.083082
14$0.26$0.2837.01%$44.50—$2.43$2.4861
87114$0.18$0.2037.06%$45.00—$2.85$2.9032
483$0.12$0.1437.03%$45.50—$3.30$3.35216
5354$0.08$0.1037.32%$46.00—$3.75$3.8512613
425$0.06$0.0738.05%$46.50—————
48$0.04$0.0639.25%$47.00—————
1722$0.03$0.0439.72%$47.50—————

Forward $42.32. The 25-delta put carries +4.72 volatility points over the 25-delta call.

2026-11-19(10 days)ATM 38.82%±2.72skew +4.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$37.0052.43%$0.08$0.10725
—————$37.5050.51%$0.10$0.12010
510$4.40$4.50—$38.0049.06%$0.13$0.1574
—————$38.5047.38%$0.16$0.190511
—————$39.0046.10%$0.21$0.24430
150$2.65$2.72—$40.0043.43%$0.35$0.38284
—————$40.5042.23%$0.45$0.4802
—————$41.0041.29%$0.58$0.61431300
—————$41.5040.42%$0.74$0.77024
90$1.25$1.28—$42.0039.47%$0.93$0.961244
2761$0.98$1.0138.71%$42.50—$1.16$1.1944
2028$0.75$0.7938.24%$43.00—$1.43$1.464660
019$0.57$0.6037.92%$43.50—$1.74$1.7810
137$0.42$0.4537.65%$44.00—$2.09$2.14500
10$0.30$0.3337.35%$44.50—$2.47$2.5350
1129$0.22$0.2437.50%$45.00—$2.88$2.952275
30$0.15$0.1837.63%$45.50—————
135$0.11$0.1338.05%$46.00—$3.75$3.8501
12414$0.05$0.0839.25%$47.00—————
01$0.04$0.0640.21%$47.50—$5.20$5.3030
1131$0.03$0.0541.40%$48.00—————

Forward $42.32. The 25-delta put carries +4.58 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.

IBIT option chain | Options Skew Analytics