Options Skew Analytics

IRM option chain

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

Data as of 9 November 2026 (end of day)

2026-11-13(4 days)ATM 41.47%±4.85skew +4.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
220$41.20$43.70—$70.00—————
220$36.20$38.70—$75.00—————
01$11.20$14.00—$100.00—————
01$10.50$12.20—$101.00—————
—————$106.0049.27%$0.35$0.5540
04$5.00$7.30—$107.00—————
03$4.20$4.70—$108.0046.00%$0.60$0.90100
04$3.50$3.90—$109.0044.01%$0.80$1.10359
35$2.85$3.20—$110.0043.10%$1.10$1.40110
212$2.20$2.55—$111.0042.30%$1.45$1.80713
71$1.65$1.9541.43%$112.00—$1.90$2.25010
30$1.25$1.5041.50%$113.00—$2.50$2.8080
150$0.90$1.1541.51%$114.00—————
912$0.65$0.8541.61%$115.00—$3.80$4.2020
19$0.45$0.6542.12%$116.00—————
—————$120.00—$6.90$8.9020

Forward $111.72. The 25-delta put carries +4.39 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 37.95%±7.37skew +2.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$12.70$15.10—$99.00—————
42$11.80$13.80—$100.00—————
40$10.80$12.80—$101.00—————
—————$103.0044.44%$0.45$0.7510
1523$7.40$9.30—$105.00—————
—————$106.0041.86%$0.85$1.2560
—————$107.0040.48%$1.00$1.45160
—————$108.0040.53%$1.25$1.8020
02$4.50$4.90—$109.00—————
164$3.70$4.20—$110.0038.68%$1.85$2.40420
06$3.00$3.70—$111.0038.49%$2.25$2.8540
10$2.65$3.1037.94%$112.00—$2.70$3.301060
03$2.30$2.6038.30%$113.00—————
05$1.70$2.2537.31%$114.00—$3.80$4.4020
1282$1.35$1.8036.58%$115.00—$4.50$5.50250
011$1.10$1.5036.90%$116.00—$5.20$5.7090
65$1.00$1.2538.15%$117.00—$5.20$6.9030
06$0.80$1.0038.05%$118.00—$5.60$7.5010
029$0.65$0.9039.16%$119.00—$6.40$8.5010
—————$120.00—$7.20$9.20480
—————$121.00—$8.00$10.3010

Forward $111.87. The 25-delta put carries +2.33 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 34.80%±8.65skew +3.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$19.60$22.20—$92.00—————
0—$18.70$21.10—$93.00—————
0—$17.60$20.10—$94.00—————
0—$15.80$18.30—$96.00—————
0—$14.90$17.30—$97.00—————
—————$105.0039.19%$1.00$1.5570
—————$106.0038.40%$1.20$1.7520
04$6.30$8.30—$107.0036.36%$1.25$1.9530
01$5.60$6.20—$108.0036.95%$1.70$2.2550
01$4.90$5.50—$109.0035.94%$1.95$2.5550
—————$110.0035.86%$2.35$2.9540
—————$111.0035.33%$2.70$3.4010
03$3.10$3.7034.86%$112.00—$3.20$3.8030
01$2.20$2.8034.53%$114.00—$4.30$4.9030
21$2.00$2.4035.24%$115.00—————
02$1.50$2.3035.55%$116.00—————
113$1.35$1.7534.86%$117.00—————
—————$118.00—$6.00$8.0010
04$0.85$1.3034.78%$119.00—————
—————$124.00—$10.90$13.3010

Forward $111.90. The 25-delta put carries +3.62 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 34.37%±12.54skew +5.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
017$39.90$43.90—$70.00—————
03$35.60$39.10—$75.00—————
06$30.40$34.20—$80.00—————
03$26.40$29.20—$85.00—————
026$21.90$24.30—$90.00—————
044$17.20$19.60—$95.0041.97%$0.65$1.00931
586$12.90$14.90—$100.0038.90%$1.25$1.602120
036$8.90$9.70—$105.0036.85%$2.25$2.80710
0412$5.50$6.40—$110.0035.34%$4.00$4.602514
4106$3.10$3.7033.22%$115.00—$6.70$7.303950
9412$1.55$1.8031.33%$120.00—$10.10$10.80530
1209$0.75$0.9031.36%$125.00—$12.70$15.00780
—————$130.00—$17.30$19.60151
—————$135.00—$22.00$24.4030
—————$140.00—$26.90$29.3050

Forward $111.66. The 25-delta put carries +5.52 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 31.56%±15.17skew +8.06
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$45.20$49.00—$65.00—————
026$39.90$43.90—$70.00—————
015$35.30$39.10—$75.00—————
041$31.70$34.10—$80.00—————
054$26.80$29.30—$85.00—————
056$22.20$24.70—$90.0041.67%$0.70$1.152940
015$17.80$20.00—$95.0039.64%$1.20$1.801840
2238$13.70$15.90—$100.0037.94%$2.05$2.752000
0403$9.90$12.10—$105.0035.71%$3.30$3.901901
0114$6.70$8.70—$110.0034.74%$5.10$5.901,1510
099$4.30$4.8030.26%$115.00—$6.90$8.505210
50242$2.55$2.9529.55%$120.00—$9.90$11.70600
3241$1.45$1.9029.88%$125.00—$13.40$15.60660
68315$0.85$1.1530.32%$130.00—$17.60$20.10220
—————$135.00—$22.20$24.80650
—————$140.00—$27.10$29.7080
—————$145.00—$32.00$34.50110

Forward $112.22. The 25-delta put carries +8.06 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 33.04%±22.12skew +6.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$36.90$39.50—$75.00—————
—————$80.0041.67%$0.80$1.058318
—————$85.0041.40%$1.30$1.803110
035$23.60$26.00—$90.0040.55%$1.95$2.751460
—————$95.0039.06%$2.80$3.80290
05$15.80$18.50—$100.0037.93%$4.00$5.20560
040$12.70$14.60—$105.0036.86%$5.60$6.9070
18$9.60$11.50—$110.0036.28%$7.70$9.103640
016$7.10$7.7032.77%$115.00—$10.20$11.505740
033$5.10$5.6031.87%$120.00—$12.20$14.3030
0167$3.70$4.0031.54%$125.00—$15.40$17.9050
0103$2.55$2.9031.34%$130.00—$19.00$21.9020
052$1.75$2.0031.08%$135.00—————
321$1.25$1.4031.28%$140.00—————
0208$0.85$1.0031.44%$145.00—————

Forward $112.18. The 25-delta put carries +6.58 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 34.60%±25.55skew +5.24
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$85.0040.85%$1.55$2.4550
—————$90.0039.46%$2.30$3.3040
—————$95.0038.41%$3.30$4.5020
—————$100.0037.44%$4.60$6.0080
—————$105.0036.40%$6.20$7.8010
03$10.40$12.30—$110.0035.74%$8.40$9.9020
016$4.30$5.7032.95%$125.00—————
01$3.20$4.5033.14%$130.00—————
24$2.20$3.2032.20%$135.00—————
03$1.65$2.7033.16%$140.00—————
05$1.05$1.7031.67%$145.00—————

Forward $112.24. The 25-delta put carries +5.24 volatility points over the 25-delta call.

2027-06-17(220 days)ATM 35.30%±30.86skew +5.83
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$29.20$31.80—$85.0040.52%$2.45$3.6001
018$25.30$27.80—$90.0039.26%$3.30$4.7040
—————$95.0038.43%$4.50$6.10110
016$18.40$20.60—$100.0037.57%$6.00$7.70120
04$15.40$17.40—$105.0036.63%$7.80$9.50100
—————$110.0036.04%$10.00$11.701070
030$10.20$11.9035.59%$115.00—$12.50$14.3020
02$8.00$9.8034.79%$120.00—$14.40$16.901450
015$6.30$8.0034.32%$125.00—————
06$4.80$6.5033.80%$130.00—————
03$3.50$5.2033.12%$135.00—————
04$2.65$4.0032.60%$140.00—————

Forward $112.59. The 25-delta put carries +5.83 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.