Options Skew Analytics

ICE 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 26.65%±8.09skew +0.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$42.90$45.60—$130.00—————
05$34.50$35.10—$140.00—————
05$27.90$30.90—$145.00—————
01$27.10$29.90—$146.00—————
01$25.90$28.60—$147.00—————
024$23.10$25.70—$150.00—————
0136$18.20$21.00—$155.00—————
0114$16.60$18.10—$157.50—————
01,545$14.10$15.70—$160.00—————
026$11.20$13.30—$162.50—————
01,109$9.70$10.60—$165.0028.94%$0.40$0.659612
0242$6.70$8.70—$167.5028.19%$0.70$1.05171
2468$6.00$6.40—$170.0026.39%$1.20$1.4045
1175$4.20$4.80—$172.5026.75%$1.85$2.50380
7735$2.80$3.5026.65%$175.00—$3.00$3.60210
296$1.75$2.3026.05%$177.50—————
0151$1.10$1.3025.43%$180.00—————
55$0.65$1.0027.07%$182.50—————
0109$0.40$0.6027.51%$185.00—————
—————$187.50—$12.50$14.40—0
—————$215.00—$39.40$42.10—0

Forward $174.85. The 25-delta put carries +0.96 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 25.20%±9.79skew +2.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
55$44.00$46.00—$130.00—————
01$23.20$25.90—$150.00—————
0—$20.80$23.40—$152.50—————
07$18.10$21.80—$155.00—————
0—$16.30$18.60—$157.50—————
02$13.90$16.20—$160.00—————
0—$11.60$13.70—$162.50—————
012$9.40$11.60—$165.00—————
0—$8.40$9.00—$167.5026.48%$1.05$1.65—0
0358$6.60$7.20—$170.0025.91%$1.65$2.3011
0—$4.90$5.60—$172.5025.62%$2.50$3.20—0
025$3.40$4.3025.20%$175.00—————
0—$2.35$3.2025.26%$177.50—$5.00$5.70—0
1101$1.60$1.9524.14%$180.00—————
0—$1.05$1.3524.46%$182.50—$8.20$10.40—0
04$0.65$0.9524.86%$185.00—————
—————$187.50—$12.40$14.80—0
—————$192.50—$17.10$19.50—0

Forward $174.90. The 25-delta put carries +2.02 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 24.32%±13.92skew +2.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$87.90$91.90—$85.00—————
03$82.90$86.90—$90.00—————
06$73.00$77.00—$100.00—————
060$63.00$67.00—$110.00—————
0200$53.10$56.20—$120.00—————
010$48.10$51.50—$125.00—————
5550$44.10$46.10—$130.00—————
0124$39.20$41.20—$135.00—————
0119$34.00$35.90—$140.0033.34%$0.10$0.151,4500
0265$28.70$31.40—$145.00—————
4467$24.40$26.10—$150.0028.93%$0.25$0.402211
4250$20.30$21.00—$155.0027.57%$0.50$0.705334
0570$15.80$16.50—$160.0026.41%$1.00$1.201646
8381$11.90$12.50—$165.0026.10%$1.90$2.257319
1548$8.20$9.00—$170.0025.61%$3.20$3.9010314
1704$5.20$6.00—$175.0024.42%$5.10$5.90260
8489$3.20$3.6023.86%$180.00—————
9218$1.75$2.1523.70%$185.00—$11.70$12.80110
198647$1.00$1.2024.02%$190.00—$15.60$16.9080

Forward $175.10. The 25-delta put carries +2.40 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 23.89%±17.97skew +0.84
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$73.00$77.00—$100.00—————
04$68.00$72.00—$105.00—————
014$63.10$67.10—$110.00—————
02$58.20$62.10—$115.00—————
022$53.20$57.20—$120.00—————
059$48.30$51.70—$125.00—————
0100$43.40$46.50—$130.00—————
0253$38.80$41.30—$135.00—————
0124$33.80$36.90—$140.00—————
0119$29.40$31.60—$145.00—————
1903$25.20$26.50—$150.0027.72%$0.75$0.902513
3698$20.20$22.40—$155.0026.62%$1.20$1.402,2732
12,002$17.30$17.90—$160.0025.50%$1.90$2.103691
2540$13.30$14.10—$165.0024.57%$2.90$3.202841
10657$9.90$10.40—$170.0024.13%$4.50$4.80749
3360$7.10$7.70—$175.0023.96%$6.50$7.20191
2676$4.80$5.5023.69%$180.00—$9.10$10.30170
8361$3.30$3.6023.51%$185.00—————
8315$2.10$2.5023.72%$190.00—————
1198$1.40$1.6023.96%$195.00—————
4143$0.90$1.1024.48%$200.00—————

Forward $175.55. The 25-delta put carries +0.84 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 25.88%±27.26skew +1.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$68.90$72.90—$105.00—————
01$64.10$68.10—$110.00—————
02$59.20$63.20—$115.00—————
09$54.40$58.10—$120.00—————
04$49.80$52.50—$125.00—————
02$45.00$47.70—$130.00—————
024$40.40$42.80—$135.00—————
026$35.70$38.40—$140.00—————
021$31.30$33.90—$145.0028.16%$1.40$1.751770
041$26.90$29.30—$150.0028.05%$2.05$2.652701
0194$23.30$25.00—$155.0027.13%$2.90$3.40852
026$18.90$21.50—$160.0026.63%$4.00$4.601282
0186$15.60$17.50—$165.0025.88%$5.40$5.902352
8287$13.70$14.50—$170.0025.74%$7.30$7.801771
093$11.00$11.70—$175.0025.69%$9.50$10.2021
0400$8.80$9.6025.92%$180.00—$11.90$13.00160
0157$6.80$7.3025.29%$185.00—————
3130$5.30$5.5025.07%$190.00—————
537$3.90$4.2024.82%$195.00—————
842$2.85$3.2024.74%$200.00—————
040$1.45$2.0525.19%$210.00—————

Forward $176.52. The 25-delta put carries +1.81 volatility points over the 25-delta call.

2027-09-17(312 days)ATM 26.21%±43.39skew +1.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$80.60$84.20—$95.00—————
071$76.10$79.10—$100.00—————
02$66.80$69.80—$110.00—————
02$57.50$61.50—$120.00—————
01$48.70$52.00—$130.00—————
01$44.50$48.40—$135.00—————
01$40.30$44.10—$140.00—————
—————$145.0029.72%$4.30$6.50180
02$32.60$36.50—$150.00—————
01$29.10$32.90—$155.0028.53%$6.50$9.00150
03$25.80$29.30—$160.0027.99%$7.90$10.5090
—————$165.0027.83%$9.60$12.5020
01$19.90$22.80—$170.00—————
—————$175.0026.80%$14.00$15.9022
024$14.70$17.8026.25%$180.00—————
024$13.00$15.4026.21%$185.00—————
011$11.10$13.6026.16%$190.00—————
06$9.40$12.2026.28%$195.00—————
05$8.00$10.7026.28%$200.00—————
07$5.70$8.5026.55%$210.00—————
01$4.10$6.7026.87%$220.00—————

Forward $179.04. The 25-delta put carries +1.66 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.