Options Skew Analytics

IWM 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 25.68%±3.81skew +3.47
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
138390$9.13$9.23—$274.0035.42%$0.07$0.098323,378
9495,574$8.15$8.26—$275.0033.94%$0.10$0.117387,565
933944$7.24$7.29—$276.0032.77%$0.14$0.151,0071,793
579496$6.29$6.34—$277.0031.35%$0.19$0.209996,146
3,391915$5.39$5.42—$278.0030.12%$0.26$0.288183,950
3,539839$4.50$4.53—$279.0029.04%$0.37$0.391,0078,147
7,2612,834$3.66$3.69—$280.0028.13%$0.53$0.553,10810,909
9,8883,454$2.88$2.90—$281.0027.23%$0.75$0.771,6685,139
10,776798$2.19$2.20—$282.0026.41%$1.05$1.072,0087,093
15,1286,903$1.58$1.59—$283.0025.75%$1.45$1.477813,131
8,6861,612$1.10$1.1125.37%$284.00—$1.96$1.985071,321
11,2081,409$0.72$0.7324.90%$285.00—$2.58$2.610549
7,9712,066$0.45$0.4624.66%$286.00—$3.31$3.34070
4,4531,616$0.27$0.2824.61%$287.00—$4.13$4.16031
4,227946$0.16$0.1724.86%$288.00—$5.01$5.06033
2,004159$0.09$0.1025.09%$289.00—$5.91$6.0702
2,1494,215$0.05$0.0625.51%$290.00—$6.89$7.052013
306288$0.03$0.0426.40%$291.00—————
4224,047$0.02$0.0327.72%$292.00—$8.88$9.0401
9285$0.01$0.0227.08%$292.50—$9.38$9.5203
119132$0.01$0.0228.31%$293.00—$9.88$10.0006

Forward $283.13. The 25-delta put carries +3.47 volatility points over the 25-delta call.

2026-11-11(2 days)ATM 22.63%±4.74skew +2.93
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
62615$9.24$9.35—$274.0029.79%$0.18$0.195112,123
313331$8.29$8.40—$275.0028.84%$0.23$0.24403762
406334$7.40$7.46—$276.0027.76%$0.29$0.30231377
827385$6.49$6.54—$277.0026.97%$0.38$0.392,8962,114
949329$5.59$5.64—$278.0026.05%$0.49$0.506151,979
790392$4.76$4.80—$279.0025.25%$0.64$0.655151,282
2,0321,381$3.96$3.99—$280.0024.57%$0.84$0.858615,792
936455$3.23$3.25—$281.0023.89%$1.09$1.116251,566
2,610314$2.55$2.57—$282.0023.28%$1.42$1.437261,725
22,073584$1.96$1.98—$283.0022.72%$1.82$1.843591,052
6,185885$1.46$1.4722.26%$284.00—$2.32$2.341651,232
3,783744$1.05$1.0621.90%$285.00—$2.91$2.93122248
4,7901,756$0.73$0.7421.64%$286.00—$3.59$3.623959
6,496295$0.49$0.5121.53%$287.00—$4.35$4.38725
23,075148$0.40$0.4121.45%$287.50—$4.75$4.8045
3,476155$0.32$0.3321.37%$288.00—$5.16$5.2903
14,266417$0.20$0.2121.28%$289.00—$6.02$6.1803
18,932687$0.12$0.1321.23%$290.00—$6.95$7.1102
446178$0.07$0.0821.27%$291.00—————
8270$0.04$0.0521.42%$292.00—$8.89$9.0701
54830$0.03$0.0421.54%$292.50—————

Forward $283.14. The 25-delta put carries +2.93 volatility points over the 25-delta call.

2026-11-12(3 days)ATM 21.51%±5.52skew +3.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1263$9.35$9.49—$274.0027.37%$0.29$0.31115104
72223$8.42$8.57—$275.0026.60%$0.36$0.38303511
56288$7.51$7.63—$276.0025.88%$0.45$0.4727787
2801,126$6.63$6.74—$277.0025.04%$0.55$0.58547244
2241,138$5.83$5.89—$278.0024.48%$0.70$0.73142226
3611,916$5.01$5.06—$279.0023.78%$0.87$0.91336506
4041,167$4.23$4.28—$280.0023.18%$1.10$1.13389256
4811,212$3.51$3.56—$281.0022.59%$1.37$1.41193514
469683$2.85$2.89—$282.0022.06%$1.71$1.75165348
1,4212,411$2.26$2.30—$283.0021.59%$2.12$2.16258223
776786$1.75$1.7921.19%$284.00—$2.61$2.65303330
1,4164,595$1.31$1.3620.81%$285.00—$3.16$3.227423
263320$0.96$1.0020.49%$286.00—$3.81$3.8694
6611,285$0.68$0.7220.24%$287.00—$4.53$4.5802
117122$0.47$0.5020.01%$288.00—$5.31$5.3715
538163$0.32$0.3419.90%$289.00—————
2,483269$0.21$0.2319.85%$290.00—$7.01$7.1501
764108$0.14$0.1519.88%$291.00—$7.95$8.1001
632$0.08$0.1019.77%$292.00—————
280$0.06$0.0919.97%$292.50—$9.39$9.5601
2563$0.05$0.0720.03%$293.00—————

Forward $283.14. The 25-delta put carries +3.54 volatility points over the 25-delta call.

2026-11-13(4 days)ATM 21.31%±6.32skew +3.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1,1562,628$8.73$8.80—$275.0025.66%$0.51$0.524,7361,199
2241,552$7.85$7.91—$276.0025.18%$0.62$0.6511,046934
4251,550$6.99$7.02—$277.0024.58%$0.76$0.781,63210,711
504578$6.57$6.60—$277.5024.30%$0.84$0.864841,674
4,2924,365$6.14$6.19—$278.0024.00%$0.93$0.944,4014,128
4,4171,161$5.36$5.39—$279.0023.44%$1.12$1.158461,259
1,8643,210$4.60$4.63—$280.0022.88%$1.36$1.392,4153,552
1,2971,430$3.89$3.92—$281.0022.37%$1.65$1.681,2151,076
1,447847$3.24$3.26—$282.0021.93%$2.00$2.031,132878
9691,923$2.93$2.95—$282.5021.66%$2.19$2.221,356955
3,4083,490$2.64$2.67—$283.0021.43%$2.40$2.43679402
5,2854,609$2.12$2.1421.04%$284.00—$2.88$2.91479128
3,8504,851$1.66$1.6820.65%$285.00—$3.43$3.46699155
3,7802,467$1.27$1.2920.31%$286.00—$4.04$4.099933
3,4293,626$0.95$0.9820.07%$287.00—$4.73$4.783536
2,716887$0.82$0.8419.95%$287.50—$5.09$5.15241
1,4591,384$0.69$0.7219.79%$288.00—$5.48$5.53169
2,2481,330$0.49$0.5219.58%$289.00—$6.28$6.340131
6,8892,852$0.34$0.3619.35%$290.00—$7.13$7.2702
3,742947$0.24$0.2519.33%$291.00—————
1,189907$0.16$0.1719.24%$292.00—————

Forward $283.24. The 25-delta put carries +3.49 volatility points over the 25-delta call.

2026-11-16(7 days)ATM 18.34%±7.20skew +3.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
45179$9.80$9.93—$274.0022.47%$0.62$0.65271164
1060$8.92$9.06—$275.0021.95%$0.73$0.76252493
19207$8.09$8.16—$276.0021.44%$0.86$0.8987541
7494$7.25$7.32—$277.0020.94%$1.01$1.05291666
155132$6.44$6.50—$278.0020.46%$1.20$1.23256515
98134$5.66$5.72—$279.0020.05%$1.42$1.46138785
308256$4.92$4.98—$280.0019.52%$1.68$1.69209586
179219$4.22$4.28—$281.0019.12%$1.98$2.00184204
282218$3.57$3.63—$282.0018.81%$2.33$2.388275
360106$2.98$3.04—$283.0018.46%$2.74$2.799783
656384$2.45$2.5018.11%$284.00—$3.20$3.253143
663375$1.98$2.0317.82%$285.00—$3.73$3.78384
1,938424$1.57$1.6117.50%$286.00—$4.32$4.38016
1,299232$1.22$1.2617.24%$287.00—$4.97$5.0480
697227$1.07$1.1117.14%$287.50—$5.32$5.3966
465129$0.94$0.9717.05%$288.00—$5.68$5.7503
599151$0.70$0.7416.87%$289.00—————
57669$0.52$0.5516.73%$290.00—$7.09$7.4320
137160$0.38$0.4116.67%$291.00—$8.00$8.27023
192125$0.27$0.3016.59%$292.00—$9.02$9.20010
25230$0.22$0.2516.46%$292.50—$9.49$9.66025

Forward $283.25. The 25-delta put carries +3.41 volatility points over the 25-delta call.

2026-11-17(8 days)ATM 18.82%±7.89skew +3.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
298$10.89$11.01—$273.0023.29%$0.68$0.7137338
985$10.00$10.14—$274.0022.77%$0.78$0.8225962
2115$9.17$9.24—$275.0022.32%$0.91$0.95258225
30121$8.32$8.39—$276.0021.82%$1.05$1.10647
9166$7.49$7.56—$277.0021.35%$1.22$1.278935
8971$6.69$6.77—$278.0020.93%$1.43$1.4712225
3550$5.93$5.99—$279.0020.48%$1.66$1.7033168
236113$5.20$5.26—$280.0020.06%$1.92$1.9810863
181127$4.51$4.58—$281.0019.68%$2.24$2.296625
145145$3.87$3.93—$282.0019.32%$2.60$2.654472
325188$3.28$3.33—$283.0018.95%$3.00$3.065421
389193$2.75$2.7918.63%$284.00—$3.47$3.52455
1,108140$2.27$2.3118.34%$285.00—————
3022$1.84$1.8918.06%$286.00—$4.56$4.62129
23373$1.47$1.5117.77%$287.00—$5.19$5.25910
371145$1.16$1.2017.57%$288.00—$5.87$5.9460
51023$0.90$0.9317.34%$289.00—————
1,149102$0.69$0.7217.21%$290.00—$7.41$7.4906
18947$0.51$0.5517.04%$291.00—————
76029$0.38$0.4116.92%$292.00—————
1415$0.28$0.3116.90%$293.00—————

Forward $283.28. The 25-delta put carries +3.78 volatility points over the 25-delta call.

2026-11-18(9 days)ATM 19.26%±8.57skew +3.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
2473$10.25$10.32—$274.0023.06%$0.95$0.996024
4689$9.39$9.46—$275.0022.60%$1.09$1.132,00373
8328$8.56$8.62—$276.0022.14%$1.25$1.296123
1135$7.74$7.82—$277.0021.70%$1.44$1.474579
6138$6.95$7.03—$278.0021.32%$1.66$1.6989106
191132$6.20$6.26—$279.0020.88%$1.90$1.93137161
35342$5.48$5.54—$280.0020.48%$2.18$2.2150112
220139$4.80$4.86—$281.0020.11%$2.50$2.53118134
17452$4.17$4.22—$282.0019.76%$2.86$2.9011453
29382$3.57$3.62—$283.0019.40%$3.26$3.316529
756224$3.03$3.0819.09%$284.00—$3.72$3.78677
453131$2.54$2.5818.76%$285.00—$4.23$4.297149
1,949923$2.10$2.1418.47%$286.00—$4.79$4.85100
386243$1.71$1.7618.22%$287.00—$5.40$5.47022
1,0981,327$1.38$1.4217.98%$288.00—————
1,182250$1.09$1.1317.73%$289.00—————
956780$0.85$0.8917.53%$290.00—$7.55$7.6390
23315$0.66$0.6917.37%$291.00—$8.36$8.44010
19728$0.50$0.5417.27%$292.00—$9.14$9.39010
1,437109$0.44$0.4717.23%$292.50—————
26015$0.38$0.4117.17%$293.00—————

Forward $283.31. The 25-delta put carries +3.97 volatility points over the 25-delta call.

2026-11-19(10 days)ATM 19.61%±9.20skew +3.83
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
288$11.27$11.39—$273.0023.70%$0.98$1.0219425
040$10.44$10.52—$274.0023.23%$1.11$1.1514814
254$9.59$9.67—$275.0022.83%$1.27$1.306092
1561$8.76$8.85—$276.0022.38%$1.44$1.474223
8664$7.96$8.04—$277.0021.96%$1.63$1.673545
1286$7.19$7.27—$278.0021.56%$1.86$1.891025
4756$6.45$6.52—$279.0021.17%$2.12$2.143641
6164$5.74$5.81—$280.0020.78%$2.40$2.4385683
12670$5.07$5.12—$281.0020.44%$2.73$2.762151
310182$4.43$4.49—$282.0020.09%$3.09$3.132846
11382$3.84$3.90—$283.0019.77%$3.50$3.54427
132107$3.30$3.3519.46%$284.00—$3.96$4.03210
422203$2.80$2.8419.12%$285.00—————
757145$2.35$2.3918.84%$286.00—$5.01$5.08581
5914$1.95$1.9918.58%$287.00—————
15112$1.60$1.6418.35%$288.00—$6.25$6.3410
1161$1.30$1.3318.13%$289.00—$6.95$7.0401
1755$1.04$1.0817.97%$290.00—$7.70$7.7804
1079$0.82$0.8617.78%$291.00—————
133260$0.64$0.6817.64%$292.00—$9.22$9.5003
4—$0.50$0.5317.54%$293.00—$10.15$10.36—20

Forward $283.35. The 25-delta put carries +3.83 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.