Options Skew Analytics

LEN 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 50.73%±4.90skew +0.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
115$12.10$14.50—$79.00—————
423$11.80$12.80—$80.00—————
05$10.10$12.60—$81.00—————
016$9.40$11.60—$82.00—————
030$8.10$10.70—$83.00—————
097$7.20$9.50—$84.00—————
2120$7.30$8.50—$85.00—————
014$5.30$7.70—$86.00—————
129211$5.00$6.50—$87.00—————
251$4.30$5.30—$88.0053.21%$0.50$0.60432
09$3.40$4.20—$89.0051.22%$0.60$0.8596
1078$3.20$3.50—$90.0053.59%$0.95$1.2515310
2019$2.55$2.90—$91.0051.56%$1.20$1.60192
1484$1.90$2.25—$92.0050.30%$1.65$1.95153
7848$1.55$1.7551.50%$93.00—$2.20$2.5522
1263,012$1.05$1.3549.94%$94.00—$2.80$3.2010
3933,121$0.85$1.0051.14%$95.00—$3.50$3.801122
92137$0.60$0.7551.21%$96.00—————
23123$0.40$0.5551.00%$97.00—————
5156$0.30$0.4553.10%$98.00—————
22459$0.15$0.2554.71%$100.00—$6.70$9.2070

Forward $92.28. The 25-delta put carries +0.01 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 47.93%±7.69skew +1.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$9.80$11.90—$82.00—————
029$9.10$10.80—$83.00—————
140$8.70$9.90—$84.0052.17%$0.45$0.754321
52,368$7.80$8.60—$85.0049.67%$0.60$0.7596514
140$7.00$8.30—$86.0048.61%$0.70$0.9581
394402$6.20$7.30—$87.0048.00%$0.85$1.20275
4197$5.50$5.90—$88.0047.61%$1.10$1.45101
023$4.80$5.30—$89.0049.11%$1.60$1.75250
92,424$4.20$4.50—$90.0048.78%$1.95$2.104272
75—$3.60$4.00—$91.0048.88%$2.35$2.55—1
15—$3.10$3.50—$92.0048.56%$2.80$3.00—0
2—$2.65$2.9047.81%$93.00—$3.30$3.50—0
1—$2.20$2.5047.84%$94.00—$3.60$4.10—0
231,067$1.85$2.0547.47%$95.00—$4.40$4.701770
11—$1.50$1.7547.54%$96.00—$4.60$5.40—0
8—$1.20$1.5047.72%$97.00—$5.60$6.20—0
4—$0.80$1.2546.14%$98.00—$6.00$7.10—0
0—$0.70$1.1548.31%$99.00—$6.50$8.90—0
7826$0.65$0.7547.19%$100.00—$7.20$9.60261
3—$0.45$0.7548.34%$101.00—$8.20$10.60—0
—————$102.00—$9.00$10.80—0

Forward $92.40. The 25-delta put carries +1.48 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 44.09%±9.04skew -0.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$16.30$19.00—$75.00—————
011$15.30$17.80—$76.00—————
05$14.30$17.30—$77.00—————
01$13.70$15.90—$78.00—————
04$12.80$15.00—$79.00—————
020$11.50$14.10—$80.00—————
03$10.60$13.20—$81.00—————
06$10.40$12.10—$82.00—————
011$9.60$11.20—$83.0044.65%$0.50$0.7543
039$8.60$10.30—$84.0043.27%$0.60$0.8530
220$7.00$9.50—$85.0042.97%$0.75$1.051115
117$6.30$8.70—$86.0042.15%$0.90$1.251061
019$6.10$7.90—$87.0042.03%$1.15$1.5050
14$5.80$6.40—$88.0042.06%$1.45$1.8010
014$5.10$5.90—$89.0042.17%$1.80$2.1510
437$4.60$5.20—$90.0041.37%$2.05$2.551941
025$4.00$4.40—$91.0043.17%$2.65$3.10100
22$3.00$3.6044.27%$93.00—————
10$2.65$3.4046.17%$94.00—————
280$2.20$2.7043.84%$95.00—$4.70$5.2070
141$0.90$1.0542.04%$100.00—$7.60$10.00120

Forward $92.33. The 25-delta put carries -0.01 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 45.74%±13.85skew +1.95
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$46.20$49.50—$45.00—————
01$41.30$44.40—$50.00—————
022$36.30$38.90—$55.00—————
038$31.40$34.00—$60.00—————
019$26.40$29.40—$65.00—————
014$21.60$24.20—$70.0051.76%$0.25$0.3075013
0142$16.90$19.40—$75.0049.44%$0.50$0.706866
8813$13.50$14.30—$80.0047.81%$1.15$1.352,28040
25417$9.80$10.60—$85.0046.87%$2.35$2.5041311
8523$6.80$7.10—$90.0046.56%$4.20$4.40469102
1201,321$4.40$4.5045.57%$95.00—$6.60$7.008910
36626$2.65$2.8545.46%$100.00—$9.10$11.501260
31,011$1.50$1.6544.92%$105.00—$12.80$15.3070
—————$115.00—$21.60$24.3010
—————$120.00—$26.40$29.0020

Forward $92.64. The 25-delta put carries +1.95 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 43.87%±17.47skew +1.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$46.40$49.50—$45.00—————
013$41.50$44.70—$50.00—————
06$36.60$39.20—$55.00—————
0222$31.70$34.20—$60.00—————
037$26.90$29.40—$65.00—————
083$22.90$24.70—$70.0046.91%$0.45$0.7083737
1167$17.80$20.20—$75.0046.40%$0.95$1.401,9668
1737$13.60$16.10—$80.0044.69%$1.90$2.152,68837
1595$10.90$12.40—$85.0044.22%$3.30$3.6033217
14891$8.20$8.60—$90.0044.27%$5.40$5.601,1292
301,501$5.90$6.1043.84%$95.00—$7.90$8.2060445
221,678$4.00$4.3043.55%$100.00—$11.00$11.401,2541
22494$2.60$2.8542.88%$105.00—$14.60$15.604542
533,694$1.65$1.8542.54%$110.00—$17.80$20.20301
71,331$1.00$1.4043.49%$115.00—$22.10$23.9030
1341$0.60$0.9043.35%$120.00—$26.80$29.3050
7611$0.40$0.5043.06%$125.00—$31.60$34.1020
0497$0.25$0.4044.46%$130.00—$35.90$39.0030

Forward $92.93. The 25-delta put carries +1.35 volatility points over the 25-delta call.

2027-02-19(102 days)ATM 42.98%±21.12skew +3.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$41.70$44.90—$50.00—————
05$32.00$34.50—$60.00—————
01$27.30$29.80—$65.00—————
06$23.20$25.50—$70.0045.01%$0.85$1.305850
0213$18.60$21.00—$75.0044.98%$1.85$2.052502
6220$16.00$16.60—$80.0045.11%$3.20$3.3047824
12164$12.60$13.10—$85.0044.61%$4.80$5.002171
19140$9.80$10.00—$90.0043.56%$6.80$7.002184
11169$7.30$7.6043.03%$95.00—$9.30$9.601870
20342$5.30$5.6042.23%$100.00—$11.70$14.101450
290$3.80$4.1041.91%$105.00—$15.10$17.40210
3027$2.60$3.1041.91%$110.00—$18.90$21.10250
713$1.85$2.0541.32%$115.00—————
09$1.15$1.7041.90%$120.00—————

Forward $92.98. The 25-delta put carries +3.20 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 44.51%±24.75skew +0.56
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$46.60$49.70—$45.00—————
04$41.70$45.00—$50.00—————
01$36.90$39.40—$55.00—————
05$32.20$34.60—$60.0048.65%$0.55$0.651152
023$28.30$30.10—$65.0046.28%$0.80$1.101785
066$24.00$25.70—$70.0046.50%$1.40$2.053322
046$19.30$21.70—$75.0044.94%$2.30$2.907433
0153$16.20$18.00—$80.0043.88%$3.50$4.203777
0195$12.70$14.80—$85.0043.26%$5.20$5.9024919
19167$9.70$11.90—$90.0044.26%$7.30$8.702160
3176$8.60$9.3044.64%$95.00—$9.90$11.60880
251,072$6.40$7.4043.85%$100.00—$12.50$14.3050
077$4.80$5.7043.26%$105.00—$16.10$17.6080
0120$3.60$4.5043.37%$110.00—$19.30$22.00940
060$2.65$3.5043.31%$115.00—$23.30$26.0010
041$1.95$2.6543.16%$120.00—————
050$1.45$2.0043.18%$125.00—————
05$1.05$1.5043.09%$130.00—$36.80$39.4010
0222$0.60$0.8543.48%$140.00—————

Forward $93.17. The 25-delta put carries +0.56 volatility points over the 25-delta call.

2027-05-21(193 days)ATM 43.78%±29.70skew +2.44
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$51.60$54.80—$40.00—————
01$42.70$44.90—$50.00—————
03$32.90$35.50—$60.00—————
—————$65.0046.83%$1.45$2.35230
0135$24.50$27.10—$70.0045.94%$2.25$3.40711
011$20.80$23.40—$75.0045.48%$3.40$4.80240
1142$17.30$20.00—$80.0045.06%$4.90$6.5060
535$15.20$17.00—$85.0044.71%$6.80$8.5080
1795$11.50$14.20—$90.0043.83%$8.80$10.807550
07$10.00$11.7043.82%$95.00—$11.60$13.402490
014$8.30$9.6043.73%$100.00—$14.40$16.4030
311$6.50$8.1043.50%$105.00—$17.70$20.1010
0552$5.10$6.6043.02%$110.00—$21.10$23.6080
05$4.00$5.4042.82%$115.00—————
02$3.20$4.3042.62%$120.00—————
04$2.50$3.6042.82%$125.00—————
33$1.50$2.3042.45%$135.00—————

Forward $93.31. The 25-delta put carries +2.44 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.