Options Skew Analytics

JCI 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 29.98%±11.24skew +0.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$54.30$58.40—$90.00—————
01$44.40$48.30—$100.00—————
01$34.40$38.40—$110.00—————
13$29.40$33.00—$115.00—————
026$25.00$28.30—$120.00—————
1113$19.80$22.10—$125.00—————
0223$15.30$17.50—$130.00—————
0357$11.10$13.00—$135.0030.82%$0.75$1.051,51121
3509$7.50$8.90—$140.0030.61%$1.80$2.25722113
23962$4.70$5.50—$145.0029.94%$3.40$4.302052
281,396$2.65$3.2030.12%$150.00—$6.10$7.80860
401,345$1.35$1.7030.20%$155.00—$9.50$11.50780
281,740$0.60$0.9030.59%$160.00—$13.50$15.2080
—————$165.00—$18.20$20.10100

Forward $146.25. The 25-delta put carries +0.40 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 36.16%±21.28skew +0.90
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
025$21.70$24.30—$125.0038.42%$1.30$2.0001
033$17.70$20.00—$130.0036.36%$2.15$2.55101
02$13.90$16.20—$135.0036.11%$3.20$4.1034643
013$10.60$12.90—$140.0034.56%$4.70$5.5020
06$8.00$9.80—$145.0035.27%$6.80$8.2001
566$6.50$7.4036.52%$150.00—————
819$4.50$5.2035.18%$155.00—————
15$3.10$3.9035.37%$160.00—————
5314$2.15$2.7035.21%$165.00—————

Forward $146.41. The 25-delta put carries +0.90 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 34.72%±24.93skew +1.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$65.10$69.10—$80.00—————
04,372$60.00$63.40—$85.00—————
03$55.50$59.30—$90.00—————
0640$50.30$54.40—$95.00—————
053$45.60$48.60—$100.00—————
014$40.80$43.30—$105.00—————
06$36.20$39.00—$110.00—————
01,057$31.60$34.20—$115.00—————
063$27.20$29.60—$120.0037.81%$1.30$2.00633
0420$23.00$25.50—$125.0036.00%$1.95$2.55241
0285$19.00$21.40—$130.0035.23%$2.90$3.60291
0466$15.40$17.70—$135.0034.43%$4.10$5.001402
0600$12.10$14.50—$140.0034.02%$5.80$6.80301
043$9.30$11.60—$145.0033.27%$7.90$8.80632
2119$8.30$8.9034.81%$150.00—$10.40$12.30470
5878$6.30$6.9034.45%$155.00—$12.70$15.40140
51,034$4.50$5.1033.47%$160.00—$16.10$18.8010
137$3.20$3.9033.32%$165.00—————
149$2.35$3.0033.65%$170.00—————
11,513$1.65$2.3533.95%$175.00—————

Forward $147.12. The 25-delta put carries +1.11 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 32.84%±27.19skew +2.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0138$55.30$59.40—$90.00—————
0133$53.30$56.00—$92.50—————
0164$51.30$53.60—$95.00—————
0124$48.90$51.10—$97.50—————
0467$45.90$48.70—$100.00—————
0229$41.20$44.00—$105.00—————
0202$36.60$38.90—$110.00—————
0192$32.10$34.60—$115.00—————
092$27.80$30.40—$120.0037.47%$1.80$2.954290
095$23.60$26.30—$125.0035.96%$2.65$3.605600
098$19.70$22.40—$130.0035.18%$3.70$4.802420
0234$16.30$18.90—$135.0034.75%$5.00$6.503180
095$13.40$15.70—$140.0034.24%$6.80$8.301440
0499$11.60$12.80—$145.0033.30%$8.90$10.201101
2142$9.00$10.2032.84%$150.00—$11.40$12.70860
0456$6.90$8.0032.18%$155.00—$14.10$16.50180
2209$5.30$6.3032.04%$160.00—$17.10$20.2050
1176$4.40$4.8032.43%$165.00—————
081$3.40$3.7032.48%$170.00—$25.00$27.4010
2965$2.50$3.2033.11%$175.00—————
0254$1.65$2.4532.53%$180.00—————

Forward $147.52. The 25-delta put carries +2.70 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 33.11%±34.42skew +1.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
16,366$56.70$59.10—$90.00—————
02$51.90$54.20—$95.00—————
01,108$47.90$50.00—$100.00—————
099$42.70$45.40—$105.00—————
02$38.30$40.90—$110.00—————
—————$115.0037.47%$2.40$3.3030
024$30.20$32.30—$120.0037.95%$3.30$4.8020
0569$26.40$28.70—$125.0035.07%$4.30$4.802140
041$22.90$25.00—$130.0034.63%$5.50$6.3040251
078$19.60$21.80—$135.0034.60%$7.30$8.002145
09$16.60$18.90—$140.0033.96%$9.10$9.804844
029$13.30$16.10—$145.0033.90%$11.20$12.30380
074$12.50$13.8033.65%$150.00—$13.70$14.80150
435$10.30$11.3032.85%$155.00—$16.50$18.5070
4753$8.70$9.7033.25%$160.00—$19.00$21.8050
214$6.90$7.9032.53%$165.00—$22.80$25.3010
8107$5.60$6.6032.51%$170.00—————
0179$5.00$5.4033.08%$175.00—————
0211$4.10$4.6033.34%$180.00—————
0212$2.45$3.3033.23%$190.00—————
114$1.60$2.2533.42%$200.00—————

Forward $148.88. The 25-delta put carries +1.29 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.