Options Skew Analytics

IP 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 36.85%±3.40skew +2.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$12.20$14.50—$22.50—————
05$5.30$6.80—$30.0048.16%$0.10$0.153424
—————$32.0041.84%$0.20$0.30100
1293$3.60$3.90—$32.5040.33%$0.25$0.3540113
—————$33.0040.46%$0.35$0.45023
—————$34.0038.47%$0.55$0.65148
18387$1.80$1.95—$35.0037.01%$0.85$0.951,68493
410$1.30$1.35—$36.00—$1.30$1.35144
910$0.90$0.9536.70%$37.00—$1.85$1.95715
57487$0.70$0.7535.82%$37.50—$1.75$2.752510
2765$0.60$0.6537.17%$38.00—————
11$0.35$0.4036.28%$39.00—$2.85$3.9020
8580$0.20$0.3037.42%$40.00—$3.70$4.807040
1738$0.05$0.1038.64%$42.50—$6.40$7.101560
—————$45.00—$8.20$10.20430

Forward $36.00. The 25-delta put carries +2.19 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 35.67%±3.74skew +2.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$32.0039.99%$0.25$0.40182
—————$33.0038.89%$0.40$0.6030
—————$34.0037.96%$0.65$0.85190
01$1.65$2.25—$35.0036.77%$1.00$1.1530
59$1.30$1.6535.69%$36.00—$1.40$1.6040
02$0.90$1.2035.64%$37.00—$1.75$2.4580
04$0.60$0.8535.64%$38.00—————
—————$39.00—$3.00$4.1040
03$0.25$0.4036.06%$40.00—————

Forward $35.97. The 25-delta put carries +2.32 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 42.70%±4.95skew +2.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$32.0045.41%$0.50$0.7020
—————$33.0045.59%$0.75$1.0020
—————$34.0044.00%$1.00$1.30140
03$2.00$3.00—$35.0043.18%$1.40$1.6530
22$1.80$2.1042.86%$36.00—$1.85$2.1510
02$1.35$1.6542.36%$37.00—————
06$1.00$1.3042.41%$38.00—————
44$0.75$1.0042.62%$39.00—————
828$0.55$0.7542.62%$40.00—————
01$0.40$0.6544.19%$41.00—————

Forward $35.95. The 25-delta put carries +2.97 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 42.43%±6.12skew +3.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$27.5051.37%$0.25$0.35333
01$5.80$7.10—$30.0046.54%$0.50$0.602141
—————$32.5044.46%$1.05$1.152402
089$2.80$3.00—$35.0043.22%$1.95$2.1013570
1227$1.60$1.8541.89%$37.50—$3.30$3.801650
5715$0.90$1.0041.05%$40.00—$5.00$5.801261
2235$0.45$0.6542.22%$42.50—$6.50$8.2010
1088$0.20$0.3040.80%$45.00—$8.90$10.2050

Forward $35.88. The 25-delta put carries +3.41 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 40.52%±7.10skew +2.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$10.20$12.00—$25.0048.90%$0.15$0.25680
08$8.10$9.50—$27.5047.55%$0.35$0.55753
0115$5.90$7.40—$30.0044.84%$0.75$0.903551
027$4.00$5.40—$32.5042.35%$1.35$1.505740
096$3.20$3.40—$35.0041.64%$2.35$2.5062456
0311$2.05$2.1540.04%$37.50—$3.70$4.0021510
5880$1.25$1.3539.63%$40.00—$5.20$6.001080
14167$0.75$0.8539.93%$42.50—$6.80$8.40580
11376$0.35$0.5539.43%$45.00—$8.90$10.70790
—————$47.50—$11.10$13.00510
0467$0.15$0.2542.41%$50.00—————

Forward $35.88. The 25-delta put carries +2.42 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 39.83%±8.04skew +3.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$15.00$17.10—$20.00—————
032$10.30$12.10—$25.00—————
048$8.50$9.70—$27.5046.22%$0.55$0.701,5260
2250$6.60$7.10—$30.0044.01%$1.00$1.155570
0529$4.30$5.80—$32.5042.40%$1.70$1.854,48761
0585$3.60$3.80—$35.0040.94%$2.70$2.808711
6821$2.45$2.5539.53%$37.50—$4.00$4.301,7540
17821$1.55$1.7038.64%$40.00—$5.50$6.102360
12332$1.00$1.1038.54%$42.50—$6.80$8.60820
1558$0.65$0.7539.21%$45.00—$9.20$10.60990
—————$47.50—$11.20$13.101510
—————$50.00—$13.50$15.405550
—————$52.50—$15.70$17.90360
—————$55.00—$18.20$20.501090
—————$57.50—$20.70$23.0050
—————$60.00—$23.10$25.6020

Forward $35.96. The 25-delta put carries +3.86 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 39.89%±10.00skew +4.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$15.20$17.10—$20.00—————
033$12.80$14.70—$22.50—————
011$10.60$12.30—$25.00—————
017$8.50$10.30—$27.5045.73%$0.95$1.251640
0106$6.50$8.40—$30.0043.74%$1.55$1.803991
018$5.10$6.60—$32.5042.51%$2.35$2.651170
082$4.20$4.60—$35.0040.79%$3.30$3.70400
096$3.10$3.4039.83%$37.50—$4.70$5.10220
2165$2.20$2.4538.87%$40.00—$6.30$6.80710
0317$1.55$1.8539.01%$42.50—$7.40$9.1050
092$1.10$1.4039.37%$45.00—$9.30$11.4020
0169$0.80$0.9038.72%$47.50—————
0109$0.50$0.8039.69%$50.00—————

Forward $35.92. The 25-delta put carries +4.37 volatility points over the 25-delta call.

2027-04-16(206 days)ATM 38.55%±10.37skew +3.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$25.0046.09%$0.60$0.9530
—————$27.5043.49%$1.05$1.30140
—————$30.0042.01%$1.60$2.00370
—————$32.5040.61%$2.40$2.855020
873$4.30$4.80—$35.0040.09%$3.50$4.0010
06$3.10$3.6038.53%$37.50—$4.90$5.3030
757$2.30$2.7538.56%$40.00—$5.80$7.40110
02$1.15$1.6538.72%$45.00—————
211$0.90$1.2039.04%$47.50—————

Forward $35.82. The 25-delta put carries +3.29 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.