Options Skew Analytics

KMB 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 30.42%±3.59skew +1.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0105$12.80$15.10—$98.00—————
069$12.50$14.30—$99.00—————
514$11.15$14.20—$100.00—————
110$9.80$12.20—$101.00—————
16$8.80$11.30—$102.00—————
16$7.80$11.10—$103.00—————
014$6.85$9.85—$104.00—————
1257$5.90$8.20—$105.0038.05%$0.05$0.0853266
345$6.10$7.15—$106.00—————
229$4.90$6.30—$107.00—————
341$4.20$5.30—$108.00—————
1174$3.70$4.55—$109.0033.09%$0.28$0.401512
64168$3.10$3.35—$110.0031.21%$0.43$0.53932
3144$2.35$2.58—$111.0030.66%$0.67$0.8035
26441$1.69$1.89—$112.0031.01%$1.02$1.2302
1249$1.16$1.4230.31%$113.00—$1.44$1.7110
5416$0.75$1.0130.25%$114.00—————
87174$0.48$0.6529.99%$115.00—$2.74$3.0510
7424$0.31$0.4330.61%$116.00—————
227$0.20$0.3232.13%$117.00—————
—————$118.00—$4.90$7.3520

Forward $112.71. The 25-delta put carries +1.22 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 28.44%±5.57skew +0.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
6438$12.50$13.25—$100.0036.46%$0.05$0.1039033
10$9.90$12.70—$101.0035.01%$0.06$0.1212810
05$8.90$12.20—$102.00—————
144$8.60$11.00—$103.00—————
04$7.00$10.50—$104.0030.79%$0.14$0.1929913
861,470$7.60$8.40—$105.00—————
29$6.55$7.65—$106.0030.82%$0.32$0.40573
0160$5.55$6.60—$107.0030.83%$0.44$0.581791
6217$4.85$5.75—$108.0029.01%$0.53$0.6828332
11141$3.65$5.00—$109.0028.51%$0.70$0.918810
1061,184$3.80$4.10—$110.0028.79%$1.05$1.171624
8297$3.10$3.40—$111.0028.15%$1.32$1.51321
65340$2.58$2.76—$112.0028.68%$1.76$1.9916120
38440$2.03$2.1628.41%$113.00—$2.22$2.47280
50451$1.55$1.7228.10%$114.00—$2.69$3.00130
146844$1.20$1.3528.19%$115.00—$3.25$3.6530
261,053$0.90$1.0228.00%$116.00—————
1372$0.64$0.7727.80%$117.00—————
53$0.32$0.5028.72%$119.00—————
—————$121.00—$7.90$10.35—0
—————$122.00—$8.40$10.50—0

Forward $112.75. The 25-delta put carries +0.71 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 25.92%±6.50skew +1.24
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$11.95$15.15—$99.00—————
612$11.00$13.65—$100.00—————
83$10.05$13.50—$101.00—————
34$9.50$11.70—$102.00—————
033$8.10$11.40—$103.00—————
017$7.20$10.55—$104.00—————
4184$6.50$9.00—$105.00—————
03$5.35$8.80—$106.00—————
17$4.65$7.25—$107.00—————
026$4.65$6.40—$108.0026.45%$0.77$0.9283
21$4.80$5.20—$109.0026.16%$0.99$1.1772
427$3.85$4.45—$110.0026.10%$1.30$1.4713
5630$3.45$3.85—$111.00—————
110$2.94$3.15—$112.0025.97%$2.07$2.2607
24$2.41$2.6525.93%$113.00—————
18$1.94$2.1725.67%$114.00—————
5567$1.55$1.7225.36%$115.00—————
28$1.21$1.3425.03%$116.00—————
16$0.92$1.0624.92%$117.00—————
15$0.70$0.8224.86%$118.00—————
414$0.39$0.5925.85%$120.00—————

Forward $112.88. The 25-delta put carries +1.24 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 25.82%±8.58skew +0.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$11.30$14.65—$100.00—————
01$9.30$12.85—$102.00—————
23$6.70$9.20—$105.0027.76%$0.80$1.3020
04$5.85$8.35—$106.00—————
115$5.05$7.70—$107.0027.32%$1.21$1.8230
010$4.85$6.85—$108.0027.75%$1.56$2.1911
20$5.25$5.80—$109.00—————
229$4.55$5.15—$110.0027.38%$2.28$2.8801
30$4.00$4.60—$111.0027.24%$2.70$3.30920
19$3.40$3.95—$112.0026.99%$3.20$3.7003
20$2.45$3.4525.06%$113.00—————
1050$2.46$2.9426.40%$114.00—————
12$2.01$2.5626.14%$115.00—————
10$1.40$1.8926.14%$117.00—————
110$0.95$1.4426.54%$119.00—————

Forward $112.23. The 25-delta put carries +0.78 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 25.98%±9.53skew +2.04
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$60.65$64.70—$50.00—————
02$40.65$44.85—$70.00—————
02$35.70$39.75—$75.00—————
05$30.80$34.80—$80.00—————
017$26.00$29.85—$85.00—————
034$21.00$24.85—$90.0035.11%$0.10$0.14895143
0309$16.05$18.35—$95.0031.18%$0.20$0.2510,24347
101,310$12.80$13.45—$100.0028.79%$0.41$0.651,028108
131,726$8.30$8.85—$105.0026.70%$1.13$1.304991,019
514,130$4.90$5.15—$110.0026.54%$2.75$2.9144520
1,1743,946$2.45$2.5725.35%$115.00—$5.30$5.554062
1,1012,614$1.01$1.1024.66%$120.00—$8.60$11.101060
806339$0.34$0.4924.94%$125.00—$12.90$15.50970

Forward $112.20. The 25-delta put carries +2.04 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 24.80%±11.94skew +1.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$60.55$64.70—$50.00—————
05$50.65$54.70—$60.00—————
—————$65.0050.76%$0.01$0.061460
02$40.65$44.75—$70.00—————
01$35.85$39.75—$75.00—————
1115$31.00$34.80—$80.00—————
055$26.05$29.80—$85.00—————
051$21.05$23.85—$90.00—————
2154$17.35$18.95—$95.0029.20%$0.44$0.635489
221,179$13.25$13.95—$100.0027.31%$1.00$1.071,462158
351,941$9.15$9.65—$105.0025.93%$1.90$2.0845629
1961,694$5.90$6.15—$110.0025.32%$3.60$3.8035651
2901,935$3.45$3.6024.53%$115.00—$6.15$6.4019065
4054,185$1.84$1.9724.24%$120.00—$9.50$10.901900
211,343$0.87$1.1724.71%$125.00—$13.35$15.801180
312580$0.39$0.6024.81%$130.00—$18.00$20.40500
2311$0.10$0.1225.47%$140.00—————

Forward $112.34. The 25-delta put carries +1.69 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 26.81%±18.00skew +3.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$50.60$54.80—$60.00—————
011$40.65$44.80—$70.00—————
04$35.75$39.85—$75.00—————
019$31.05$35.00—$80.00—————
1616$26.70$28.70—$85.00—————
1137$21.65$24.70—$90.0030.54%$0.84$1.08708417
17179$19.05$19.60—$95.0030.09%$1.60$1.7932210
85576$14.50$15.45—$100.0028.68%$2.36$2.842,16850
2415$11.35$11.65—$105.0028.39%$3.95$4.3021413
44583$8.20$8.65—$110.0027.31%$5.55$6.3514021
79361$5.80$6.1026.67%$115.00—$8.00$9.001340
143290$3.65$4.2025.72%$120.00—$11.00$12.15160
52393$2.49$2.6725.53%$125.00—$14.80$15.80870
49178$1.48$1.7925.36%$130.00—————
38839$0.84$1.2225.43%$135.00—$23.15$25.7510

Forward $112.51. The 25-delta put carries +3.15 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 26.60%±19.66skew +3.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$21.80$25.20—$90.0030.63%$1.04$1.68960
025$17.55$20.50—$95.0028.64%$1.80$2.101242
011$15.10$15.80—$100.0028.61%$2.80$3.60260
0216$11.35$12.35—$105.0027.73%$4.20$5.15352
12181$8.70$9.15—$110.0026.98%$6.20$7.05210
0105$6.10$6.9526.52%$115.00—$8.75$9.6530
14160$4.15$5.0526.05%$120.00—$11.85$12.6520
096$2.80$3.6526.01%$125.00—————
2426$1.85$2.2525.23%$130.00—$19.05$21.6580
09$1.04$1.6725.22%$135.00—————

Forward $112.34. The 25-delta put carries +3.38 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.