Options Skew Analytics

KEEL option chain

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

Data as of 25 September 2026 (end of day)

2026-10-23(28 days)ATM 89.59%±0.94skew -9.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
560$3.10$3.60—$0.50—————
2256$2.54$3.05—$1.00—————
024$2.02$2.42—$1.50—————
01$1.61$1.92—$2.00—————
032$1.22$1.42—$2.50100.79%$0.01$0.041720
1744$0.80$1.11—$3.0091.36%$0.07$0.0914016
3104$0.48$0.60—$3.5081.77%$0.17$0.23521103
44514$0.28$0.3190.30%$4.00—$0.48$0.511072
33419$0.14$0.1790.98%$4.50—$0.81$0.93410
—————$5.00—$1.10$1.411,0030
116206$0.04$0.0595.99%$5.50—$1.53$1.8701
—————$6.00—$2.00$2.3620
—————$6.50—$2.50$2.8941
—————$7.50—$3.45$3.9010

Forward $3.80. The 25-delta put carries -9.22 volatility points over the 25-delta call.

2026-10-30(35 days)ATM 93.14%±1.10skew +1.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4143$2.88$3.60—$0.50—————
1331$2.48$2.99—$1.00—————
132$2.04$2.40—$1.50—————
10$1.60$2.35—$2.00—————
05$1.15$1.85—$2.5097.89%$0.01$0.06112
0142$0.87$0.97—$3.0094.42%$0.09$0.14390
3682$0.54$0.61—$3.5091.31%$0.26$0.2917339
29665$0.33$0.3893.16%$4.00—$0.50$0.601140
6364$0.18$0.2393.10%$4.50—$0.86$1.0092
757$0.07$0.11103.54%$5.50—$1.28$2.0020
15123$0.04$0.07104.52%$6.00—————

Forward $3.80. The 25-delta put carries +1.32 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 99.63%±1.48skew -5.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4307$3.15$3.50—$0.50—————
3188$2.70$2.87—$1.00—————
0219$2.01$2.42—$1.50—————
101,440$1.74$1.91—$2.00106.49%$0.02$0.043,2360
01,282$1.26$1.49—$2.50101.49%$0.08$0.101,3241
43,957$0.95$1.06—$3.0098.28%$0.20$0.222,966114
735,672$0.70$0.76—$3.5098.16%$0.40$0.433,36712
1575,327$0.49$0.5299.25%$4.00—$0.67$0.732,4874
441,942$0.34$0.38101.42%$4.50—$1.02$1.097724
3309,476$0.24$0.27102.73%$5.00—$1.38$1.518510
4165,157$0.17$0.19103.60%$5.50—$1.82$1.9213,2312
3511,558$0.07$0.08109.30%$7.00—$3.00$3.359640
3567,199$0.04$0.05112.62%$8.00—$4.05$4.35750
67,365$0.02$0.03113.18%$9.00—$4.95$5.351530
507,839$0.01$0.02114.57%$10.00—————

Forward $3.80. The 25-delta put carries -5.32 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 97.98%±2.08skew -3.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1610,958$3.15$3.40—$0.50—————
1211,524$2.75$2.85—$1.00—————
1311,263$2.24$2.39—$1.50101.20%$0.01$0.0417,1980
634,271$1.83$1.96—$2.0099.35%$0.07$0.1010,3625
58,225$1.34$1.55—$2.5097.19%$0.18$0.217,68940
7535,609$1.15$1.24—$3.0097.33%$0.35$0.402,1598
247,025$0.93$0.98—$3.5097.49%$0.59$0.641,5560
34032,136$0.73$0.7798.01%$4.00—$0.88$0.944,77313
248,469$0.57$0.6197.98%$4.50—$1.22$1.266,6861
38641,782$0.45$0.4898.02%$5.00—$1.58$1.652,1401
8016,001$0.36$0.3999.05%$5.50—$1.94$2.072,1470
44270,072$0.19$0.21100.76%$7.00—$3.25$3.4527,2630
679,072$0.12$0.15101.62%$8.00—$4.15$4.352230
2008,278$0.08$0.11102.87%$9.00—$5.00$5.3520
1,28969,701$0.07$0.08105.97%$10.00—$6.05$6.35430
—————$11.00—$6.95$7.3050
6633,013$0.03$0.05107.04%$12.00—————
—————$14.00—$9.90$10.3510

Forward $3.84. The 25-delta put carries -3.43 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.