Options Skew Analytics

KKR 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 44.48%±4.60skew +2.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$12.80$14.70—$85.00—————
02$11.80$13.70—$86.0070.18%$0.05$0.106130
05$10.80$12.70—$87.00—————
07$9.80$11.80—$88.00—————
010$8.90$10.80—$89.00—————
05$7.90$9.90—$90.00—————
05$6.90$8.80—$91.00—————
386$6.00$7.80—$92.00—————
037$5.10$6.90—$93.00—————
1378$4.80$6.00—$94.00—————
1023$3.50$5.20—$95.00—————
5115$3.50$3.80—$96.0046.01%$0.60$0.955813
1832$2.80$3.10—$97.0045.60%$0.90$1.25446
1633$2.15$2.50—$98.0045.14%$1.25$1.65693
1714$1.60$1.9544.48%$99.00—$1.70$2.10110
135194$1.25$1.4544.77%$100.00—$2.25$2.65130
4065$0.85$1.1044.25%$101.00—$2.90$3.3010
4043$0.55$0.8043.60%$102.00—$3.60$4.0010
20259$0.35$0.5543.02%$103.00—————
—————$105.00—$5.60$7.9040
—————$106.00—$6.60$9.0020

Forward $98.87. The 25-delta put carries +2.41 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 42.75%±7.33skew +3.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
158$8.20$10.20—$90.0047.31%$0.40$0.603,76530
0196$7.30$9.10—$91.00—————
019$6.50$8.60—$92.0045.84%$0.70$0.851462
0336$6.10$7.90—$92.5045.77%$0.80$0.952341
08$5.70$7.60—$93.0047.98%$0.90$1.30893
2197$5.70$6.70—$94.0044.45%$1.10$1.2570
5877$5.10$5.40—$95.0045.34%$1.35$1.701,0199
014$4.10$4.70—$96.0043.76%$1.70$1.85654
13$3.70$4.10—$97.0044.60%$2.05$2.401250
1199$3.50$4.20—$97.5042.83%$2.20$2.452612
2076$3.00$3.50—$98.0045.72%$2.40$3.1052315
532,901$2.65$2.9542.75%$99.00—$2.90$3.2064
151,149$2.25$2.5543.40%$100.00—$3.40$3.708023
2—$1.65$2.0541.02%$101.00—$3.90$4.50—0
10—$1.40$1.7041.60%$102.00—$4.40$5.00—1
3—$1.10$1.4541.86%$103.00—$5.10$5.70—0
4—$0.85$1.1040.88%$104.00—$5.50$7.60—0
91942$0.70$0.9041.44%$105.00—$6.40$8.503070
1—$0.50$0.6039.56%$106.00—$7.10$9.30—0
—————$107.00—$7.90$10.00—0
—————$108.00—$8.80$10.70—0

Forward $98.75. The 25-delta put carries +3.57 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 40.47%±8.85skew +2.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$13.10$15.40—$85.00—————
03$12.10$14.30—$86.00—————
0165$11.20$13.00—$87.00—————
03$10.30$12.30—$88.00—————
04$8.50$10.40—$90.00—————
05$7.70$9.70—$91.0040.87%$0.75$1.0551
09$6.80$8.70—$92.0041.33%$0.90$1.4090
03$6.70$8.30—$93.0039.73%$1.00$1.6020
01$6.00$6.80—$94.00—————
012$5.40$6.00—$95.0038.78%$1.50$2.2050
09$4.70$5.30—$96.0037.27%$1.70$2.5060
06$4.20$4.90—$97.0037.08%$2.20$2.8040
07$3.60$4.10—$98.0041.24%$2.75$3.90020
44$3.00$3.6040.45%$99.00—————
08$2.55$3.2040.60%$100.00—$3.60$4.2030
1173$1.95$2.6538.47%$101.00—————
32$1.75$2.3539.67%$102.00—$4.80$5.3010
11$1.40$1.9538.84%$103.00—————
01$1.15$1.6538.76%$104.00—————
414$0.90$1.2537.41%$105.00—$6.50$8.8010
01$0.70$1.1538.11%$106.00—————

Forward $98.53. The 25-delta put carries +2.33 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 38.64%±10.03skew +5.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$90.0043.47%$1.05$1.3012
01$8.20$10.20—$91.0046.41%$1.25$2.0010
02$7.40$9.40—$92.0044.28%$1.45$2.0020
03$7.30$8.20—$93.00—————
01$6.50$7.70—$94.0044.06%$2.00$2.6510
03$5.80$7.10—$95.0041.84%$2.25$2.7020
05$5.50$5.90—$96.0043.53%$2.65$3.4010
07$4.90$5.80—$97.0040.25%$2.85$3.4020
06$4.30$4.80—$98.0042.89%$3.30$4.4020
09$3.80$4.70—$99.0040.49%$3.80$4.4010
010$3.30$3.8038.20%$100.00—$4.40$5.1050
03$2.90$4.0041.38%$101.00—$4.80$5.5050
01$2.45$2.9537.83%$102.00—————
01$2.10$2.9539.61%$103.00—————
—————$104.00—$6.50$8.4010
03$1.55$2.1538.86%$105.00—————
011$0.50$0.8035.66%$110.00—————

Forward $99.15. The 25-delta put carries +5.42 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 39.20%±12.70skew +5.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$42.80$45.10—$55.00—————
014$37.80$40.10—$60.00—————
04$32.90$35.00—$65.00—————
022$28.00$30.20—$70.00—————
324$23.10$25.00—$75.00—————
012$20.70$22.60—$77.50—————
317$18.40$20.40—$80.0046.95%$0.40$0.6019,15512
09$16.10$18.00—$82.50—————
1119$13.90$15.80—$85.0043.18%$0.75$1.053,9751
0128$12.70$13.70—$87.5041.96%$1.10$1.4074374
9327$10.70$11.10—$90.0041.72%$1.70$1.9020,63011
0212$8.90$9.30—$92.5041.18%$2.30$2.656,15824
4458$7.20$7.50—$95.0040.50%$3.10$3.5015,64555
11213$5.70$6.20—$97.5039.80%$4.10$4.5067843
80837$4.40$4.9039.19%$100.00—$5.30$5.709330
505,485$2.45$2.8538.04%$105.00—$8.20$8.6014,88220
452,781$1.20$1.3536.09%$110.00—$11.80$13.801,5770
—————$115.00—$16.40$16.904670
—————$120.00—$20.80$21.702390
—————$125.00—$25.40$28.0030
—————$135.00—$35.10$37.6010

Forward $99.15. The 25-delta put carries +5.09 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 37.76%±16.12skew +5.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$38.10$40.40—$60.00—————
04$33.20$35.40—$65.00—————
031$28.40$30.40—$70.00—————
0120$23.70$25.50—$75.00—————
027$21.50$23.40—$77.50—————
064$19.30$21.20—$80.0043.95%$0.90$1.101,96216
01$17.10$19.00—$82.5043.41%$1.30$1.406061
083$15.60$16.70—$85.0042.27%$1.65$1.801,604234
091$14.00$14.80—$87.5041.48%$2.15$2.301,0129
5255$11.60$12.60—$90.0041.21%$2.60$3.203,10112
0357$10.30$11.10—$92.5040.22%$3.40$3.808751
304260$8.70$9.60—$95.0039.73%$4.30$4.702,78512
115294$7.30$7.90—$97.5038.68%$5.30$5.605101
3931,931$6.00$6.5037.98%$100.00—$6.30$6.902,371375
11962$3.90$4.3036.97%$105.00—$9.30$9.703,14120
31,060$2.40$2.7036.18%$110.00—$13.00$13.303340
31,250$1.40$1.6035.51%$115.00—$17.10$17.808510
222,144$0.75$0.9535.12%$120.00—$21.50$22.204020
—————$125.00—$25.70$28.1080
—————$130.00—$30.40$33.001030
—————$135.00—$35.30$37.9070

Forward $99.65. The 25-delta put carries +5.03 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 39.13%±23.34skew +5.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$50.70$53.00—$47.50—————
07$48.30$50.60—$50.00—————
21$43.50$45.60—$55.00—————
02$38.70$40.70—$60.00—————
014$29.60$31.70—$70.00—————
09$23.10$25.00—$77.50—————
1301$21.30$22.90—$80.0043.37%$2.10$2.807481
036$20.10$20.90—$82.5042.31%$2.80$3.002115
047$18.10$19.10—$85.0042.04%$3.50$3.602,54812
0380$15.40$17.30—$87.5041.55%$4.10$4.402572
1315$14.70$15.40—$90.0040.61%$4.80$5.107301
0239$12.10$13.80—$92.5039.74%$5.50$6.002891
0421$11.40$12.40—$95.0039.59%$6.50$7.1028025
7131$10.20$10.90—$97.5039.85%$7.70$8.404840
2429$8.80$9.6039.43%$100.00—$8.90$9.605,91846
24668$6.80$7.3038.90%$105.00—$11.60$12.702300
5497$5.00$5.5038.21%$110.00—$14.50$15.901320
0380$3.00$4.1036.26%$115.00—$18.00$20.20130
0706$2.20$2.9536.22%$120.00—$22.00$24.6070
02,265$1.80$2.3037.51%$125.00—————
—————$130.00—$30.80$33.4020

Forward $99.95. The 25-delta put carries +5.33 volatility points over the 25-delta call.

2027-05-21(193 days)ATM 39.79%±28.96skew +3.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$39.60$41.70—$60.00—————
—————$65.0045.87%$0.95$1.45117
—————$70.0045.02%$1.40$2.301420
05$26.50$28.60—$75.0043.28%$2.15$3.002680
05$24.50$26.70—$77.5043.22%$2.60$3.70420
02$22.70$24.80—$80.0042.37%$3.10$4.20520
01$20.80$23.00—$82.5041.96%$4.00$4.60950
597$19.10$20.90—$85.0041.90%$4.70$5.503040
—————$87.5041.06%$5.40$6.201780
0128$15.70$17.50—$90.0040.75%$6.00$7.40380
02$14.20$16.40—$92.5040.51%$6.90$8.50120
047$12.90$14.70—$95.0039.95%$7.90$9.502280
096$11.30$13.50—$97.5039.84%$9.10$10.702000
0118$10.20$12.20—$100.0039.42%$10.30$11.903000
082$8.50$10.1039.80%$105.00—$13.00$14.602400
0238$6.60$8.1038.91%$110.00—$15.90$18.30120
0194$5.10$6.5038.42%$115.00—$19.30$20.6030
016$3.90$5.2038.08%$120.00—$23.20$25.50130
093$2.95$4.2037.94%$125.00—$27.10$29.7050
047$2.25$3.5038.23%$130.00—$31.50$34.0010
029$1.65$2.6537.62%$135.00—————

Forward $100.10. The 25-delta put carries +3.96 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.