Options Skew Analytics

KLAC 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 82.98%±13.25skew +4.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
223$12.80$17.50—$137.0091.26%$0.75$1.05276
59$12.10$16.60—$138.0089.10%$0.90$1.054380
05$10.50$15.60—$139.0088.11%$1.00$1.204388
10189$11.50$14.70—$140.0086.12%$1.05$1.3511528
09$10.40$14.00—$141.0085.70%$1.25$1.502614
21$8.90$13.00—$142.0084.26%$1.35$1.70486
91$10.20$12.30—$143.0085.15%$1.70$1.90617
95$9.30$11.30—$144.0081.41%$1.60$2.15134
1971$9.40$10.50—$145.0083.30%$2.10$2.401228
131$9.00$9.70—$146.0091.71%$2.45$3.6047
45$7.30$9.10—$147.0082.50%$2.70$3.0085
856$7.40$8.40—$148.0081.41%$2.80$3.50137
5151$7.00$7.50—$149.0084.01%$3.40$4.0031
155292$6.30$7.00—$150.0081.17%$3.80$4.1026623
4732$5.00$5.70—$152.5083.66%$4.90$5.703111
6172,816$3.70$4.2079.17%$155.00—$6.10$7.008955
8096$2.80$3.2078.78%$157.50—$7.60$8.40721
3303,172$2.05$2.3077.43%$160.00—$9.30$10.102102
14314$1.45$1.7077.14%$162.50—$10.70$14.80260
190125$1.00$1.2076.52%$165.00—$12.60$16.003203
5459$0.70$0.8576.74%$167.50—$14.70$19.8071

Forward $152.55. The 25-delta put carries +4.27 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 70.85%±18.74skew +8.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1—$12.70$15.30—$141.0073.35%$2.80$3.40—0
125$13.40$14.60—$142.0073.32%$3.10$3.7091311
0—$12.90$13.80—$143.0073.08%$3.40$4.00—5
1034$9.20$13.10—$144.0072.63%$3.80$4.2022010
36217$11.10$12.30—$145.0070.94%$3.90$4.504933
8236$10.40$11.60—$146.0071.70%$4.40$4.904559
5—$10.10$11.10—$147.0070.69%$4.60$5.30—2
11261$9.70$10.40—$148.0070.99%$5.10$5.705696
12—$7.70$9.60—$149.0070.59%$5.50$6.10—4
218483$8.50$9.20—$150.0073.36%$6.00$7.10892147
8135$7.40$8.00—$152.0069.14%$6.80$7.4028938
432$7.20$7.6070.94%$152.50—$6.90$8.20295
5393$6.40$7.0070.78%$154.00—$7.80$8.403,14811
44159$6.00$6.5070.59%$155.00—$8.30$9.003243
8426$5.50$6.1070.20%$156.00—$8.80$9.604834
2119$4.90$5.4069.48%$157.50—$9.50$10.60700
867$4.70$5.2069.30%$158.00—$9.90$10.904660
47685$4.00$4.5069.07%$160.00—$11.40$12.1087124
27728$3.40$3.8068.57%$162.00—$12.30$14.104501
250$3.10$3.7067.92%$162.50—$13.10$14.3017811
14222$2.25$3.3065.26%$164.00—$13.90$15.303791

Forward $152.35. The 25-delta put carries +8.08 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 64.87%±21.96skew +8.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$16.20$20.30—$136.00—————
0—$15.60$19.60—$137.00—————
0—$14.70$18.70—$138.0073.85%$3.00$4.90—0
0—$14.00$18.00—$139.0071.49%$3.20$4.80—0
04$14.50$17.20—$140.0067.74%$3.60$4.20668
0—$15.10$16.60—$141.00—————
0—$14.80$15.60—$142.00—————
0—$11.20$15.00—$143.0072.67%$4.40$6.60—0
0—$10.40$14.40—$144.0069.95%$4.70$6.40—0
18317$12.40$13.80—$145.0065.56%$5.10$5.709013
2—$12.00$13.00—$146.0067.14%$5.30$6.70—1
211—$11.50$12.30—$147.0067.35%$5.80$7.10—1
0—$7.90$11.70—$148.0066.65%$6.20$7.40—1
6—$10.10$11.20—$149.0066.21%$6.50$7.90—1
10957$9.90$10.60—$150.0064.13%$7.10$7.70744
3—$8.30$9.2065.15%$152.50—$8.20$9.40—0
3623$7.30$7.8064.53%$155.00—$9.60$10.10489
3—$5.70$6.8062.34%$157.50—$10.90$12.60—0
10105$5.20$5.9063.84%$160.00—$12.60$13.10345
0—$4.20$4.9062.24%$162.50—$13.80$15.70—0
2115$3.70$4.1062.63%$165.00—$15.90$17.40321

Forward $152.45. The 25-delta put carries +8.86 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 62.87%±25.16skew +6.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$78.60$85.30—$70.00—————
0—$73.60$79.10—$75.00—————
01$25.40$30.60—$125.0072.13%$1.60$2.202310
—————$130.0069.49%$2.35$2.85247
—————$135.0068.10%$3.40$3.9014115
03$17.20$18.40—$140.0066.02%$4.50$5.306419
23$14.00$15.10—$145.0064.89%$6.30$6.902910
134$11.30$12.00—$150.0063.66%$8.30$9.004312
070$8.70$9.4062.86%$155.00—$10.80$11.50164
221$6.60$7.2061.76%$160.00—$13.80$14.30180
251$4.80$5.5060.84%$165.00—$16.90$20.00100
411$3.50$3.9059.60%$170.00—$20.60$24.3030
536$2.50$2.8559.26%$175.00—$24.20$28.4070
759$1.70$2.0558.71%$180.00—$28.20$33.50230
—————$190.00—$37.30$42.3020
—————$195.00—$42.00$47.1010

Forward $152.89. The 25-delta put carries +6.42 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 63.40%±28.61skew +6.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$78.70$83.90—$70.00—————
0—$73.70$79.30—$75.00—————
—————$115.0075.40%$1.15$1.7522
—————$120.0072.77%$1.65$2.25792
—————$125.0070.27%$2.30$2.9024
0200$22.20$27.30—$130.0068.42%$3.10$3.9034
01$19.10$23.30—$135.0066.02%$4.10$5.00230
—————$140.0064.63%$5.50$6.503218
101$15.10$16.30—$145.0064.69%$7.20$8.80193
227$12.20$13.30—$150.0061.90%$9.30$10.40161
6125$9.70$10.7063.40%$155.00—$11.70$13.9051
466$7.50$8.6062.34%$160.00—$14.50$16.8021
41$5.80$6.9062.02%$165.00—$17.80$19.9071
39$4.40$5.2060.79%$170.00—$21.40$23.4070
512$3.20$4.0060.00%$175.00—$24.80$29.20100
1102$2.10$3.0058.45%$180.00—$28.80$33.8046
510$1.75$2.3559.82%$185.00—$33.00$38.4030
—————$190.00—$37.50$42.6040

Forward $152.39. The 25-delta put carries +6.01 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 60.86%±30.48skew +7.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1205$20.60$21.70—$138.0065.02%$5.90$6.404,9474
77176$19.20$20.30—$140.0064.32%$6.40$7.101,61020
1064$16.40$19.10—$142.0066.17%$7.10$8.602355
81109$15.90$17.80—$144.0063.83%$7.90$8.6023812
13659$15.80$17.30—$145.0063.68%$8.40$8.9066716
864,593$15.40$16.70—$146.0063.19%$8.60$9.403672
53384$14.80$15.50—$148.0063.88%$9.50$10.602852
20633$13.70$14.00—$150.0062.22%$10.40$11.0049539
74146$12.60$13.10—$152.0063.64%$11.40$12.601,44424
551,103$11.70$12.1061.76%$154.00—$12.30$13.102,5958
1298$11.20$11.7061.71%$155.00—$12.70$13.6036679
91,094$10.70$11.0060.85%$156.00—$13.30$15.303501
13142$9.80$10.3060.95%$158.00—$14.50$16.2047621
271,081$7.90$9.6058.28%$160.00—$15.50$17.701,5991
11176$8.20$8.7060.42%$162.00—$16.80$20.805320
5146$7.40$7.9059.78%$164.00—$18.10$21.002001
702,031$7.10$7.6059.89%$165.00—$18.70$20.302473
04,509$5.70$7.3057.03%$166.00—$19.40$21.70780
075$5.10$7.1056.45%$167.00—$18.10$21.00850
0122$4.80$6.7056.08%$168.00—$20.60$24.701870
0160$5.10$6.4057.57%$169.00—$21.40$25.401890

Forward $153.20. The 25-delta put carries +7.46 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 58.84%±38.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0189$22.30$26.30—$136.0063.04%$7.70$8.608351
2308$21.80$24.90—$138.0063.21%$8.30$9.606170
592,593$22.70$23.40—$140.0063.41%$9.10$10.501,33258
0521$18.60$22.40—$142.0066.57%$9.90$12.903900
0167$17.30$21.20—$144.0062.66%$10.60$12.105220
0124$16.80$20.70—$145.0062.22%$11.00$12.4050919
29764$18.00$20.10—$146.0062.16%$11.40$12.9033950
094$16.30$19.00—$148.0060.92%$12.40$13.20729101
311,027$17.30$17.70—$150.0061.72%$13.20$14.801,318107
31144$16.20$16.80—$152.0060.39%$14.30$15.101,6596
1290$15.20$16.0060.10%$154.00—$15.30$16.102,499101
10325$14.80$15.4059.86%$155.00—$15.70$16.6064090
181104$14.30$14.8059.40%$156.00—$16.30$17.1032329
0356$13.40$13.8058.94%$158.00—$17.30$21.507100
61385$12.30$13.2058.72%$160.00—$18.50$21.401,9871
6380$11.80$12.1058.55%$162.00—$19.60$20.701,23820
0255$10.10$11.6057.07%$164.00—$20.90$25.0053438
28113$8.00$11.2053.55%$165.00—$21.50$25.508451
60442$10.00$10.9058.16%$166.00—$22.20$24.202,01570
3453$8.60$10.1056.37%$168.00—$23.50$24.301,0190
92633$8.90$9.2057.59%$170.00—$24.80$26.009320

Forward $153.90. Not enough surviving quotes on both wings to measure the skew here.

2027-02-19(102 days)ATM 60.99%±49.76skew +5.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$100.0072.19%$2.50$3.401350
—————$105.0071.97%$3.20$4.50250
—————$110.0069.11%$4.10$4.80450
—————$115.0067.47%$5.10$5.607132
02$36.10$41.00—$120.0066.42%$6.20$6.80491
05$33.30$37.40—$125.0065.34%$7.50$8.107485
611$29.90$34.00—$130.0064.41%$9.00$9.601530
03$26.60$30.70—$135.0063.75%$10.70$11.4048013
59$23.60$27.70—$140.0063.31%$12.70$13.40101
31$24.10$24.60—$145.0062.38%$14.70$15.501733
53359$21.50$22.10—$150.0062.14%$17.20$17.9017116
1338$19.10$19.8061.60%$155.00—$19.70$20.501220
180$16.90$17.7061.23%$160.00—$22.60$23.3013510
1319$15.00$15.6060.76%$165.00—$25.20$29.501360
1134$13.20$13.8060.37%$170.00—$28.60$32.601390
1102$11.60$12.3060.25%$175.00—$31.80$36.0050
7708$10.10$10.7059.62%$180.00—$35.40$39.50620
178$8.80$9.5059.50%$185.00—$39.00$43.3010
0218$7.70$8.3059.26%$190.00—$43.00$47.10990
3339$6.30$7.2058.18%$195.00—$46.40$50.5040
207331$5.80$6.4058.93%$200.00—$50.80$55.2026,02017,000

Forward $154.34. The 25-delta put carries +5.49 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.