Options Skew Analytics

KEY option chain

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

Data as of 9 November 2026 (end of day)

2027-03-19(130 days)ATM 25.80%±3.31skew +5.82
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$8.10$9.10—$13.00—————
05$6.20$6.90—$15.00—————
022$3.50$4.10—$18.00—————
014$2.90$3.30—$19.0029.60%$0.40$0.606310
27487$2.15$2.40—$20.0029.23%$0.65$0.952000
195$1.50$1.80—$21.0027.83%$1.00$1.301490
0473$0.90$1.2525.57%$22.00—$1.45$1.801313
4323$0.60$0.8525.57%$23.00—$2.00$2.45740
0680$0.30$0.5023.78%$24.00—————

Forward $21.51. The 25-delta put carries +5.82 volatility points over the 25-delta call.

2027-06-17(220 days)ATM 27.12%±4.53skew +5.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
033$6.30$7.00—$15.0034.86%$0.15$0.253921
1242$4.60$5.10—$17.00—————
01$3.00$3.60—$19.0030.31%$0.70$1.0560
0276$2.40$2.90—$20.0029.51%$1.05$1.351,7900
—————$21.0027.93%$1.35$1.7520
6234$1.40$1.7027.11%$22.00—$1.85$2.201,0960
074$0.85$1.2524.99%$23.00—$2.40$2.8010
12,810$0.40$0.6524.50%$25.00—$3.80$4.4020
—————$30.00—$7.90$9.2060

Forward $21.51. The 25-delta put carries +5.81 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.