Options Skew Analytics

LEN option chain

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

Data as of 22 September 2026 (end of day)

2026-09-25(3 days)ATM 44.70%±3.37skew -2.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
44$14.20$15.50—$68.00—————
22$13.60$14.60—$69.00—————
67$11.60$12.50—$71.00—————
317$9.50$11.50—$72.00—————
43$8.30$10.60—$73.00—————
02$7.30$10.40—$74.00—————
340$6.60$8.60—$75.00—————
0182$5.80$8.40—$76.00—————
538$4.70$6.70—$77.0051.12%$0.05$0.10400201
17140$3.60$5.70—$78.0044.11%$0.05$0.102,409256
182277$3.50$4.70—$79.00—————
362592$3.20$3.90—$80.0044.66%$0.25$0.35188121
107280$2.30$3.10—$81.0042.83%$0.40$0.558657
4093,193$1.85$2.25—$82.0042.47%$0.70$0.853,101744
458334$1.25$1.60—$83.0044.90%$1.10$1.4572134
1853,623$0.85$1.0043.23%$84.00—$1.60$1.85124
30756$0.55$0.6543.57%$85.00—$2.15$3.20449
8469$0.35$0.4545.19%$86.00—————
—————$88.00—$4.60$6.2090
—————$89.00—$5.50$7.4010
9131$0.05$0.1051.55%$90.00—$5.70$8.0010

Forward $83.15. The 25-delta put carries -2.36 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 38.95%±5.37skew -1.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$9.30$12.40—$72.00—————
03$8.40$11.50—$73.00—————
—————$74.0039.71%$0.05$0.109714
03$6.50$9.60—$75.0039.77%$0.10$0.1516060
05$6.00$8.40—$76.0039.84%$0.15$0.259035
228$5.10$7.00—$77.00—————
6106$4.30$6.50—$78.0039.77%$0.35$0.552819
9102$3.80$5.20—$79.0038.60%$0.50$0.7050248
10144$3.40$4.40—$80.0038.14%$0.75$0.9010748
879$2.95$3.70—$81.0039.99%$1.05$1.401323
28378$2.70$3.00—$82.0037.89%$1.40$1.601517
997$2.15$2.40—$83.0039.18%$1.85$2.2052
5613$1.70$1.8538.59%$84.00—$2.40$2.602011
57169$1.30$1.5038.98%$85.00—$2.80$4.00216
22267$1.00$1.1539.04%$86.00—————
12730$0.75$0.9039.40%$87.00—————
21317$0.50$0.7039.09%$88.00—————
2963$0.35$0.5038.77%$89.00—$5.40$8.1020
963$0.25$0.3538.70%$90.00—$6.40$8.8004
—————$92.00—$8.10$10.8010
—————$95.00—$10.90$13.8010

Forward $83.25. The 25-delta put carries -1.26 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 35.85%±6.42skew -1.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$21.40$24.20—$60.00—————
07$11.50$14.60—$70.00—————
01$10.50$13.60—$71.00—————
15295$7.80$9.00—$75.00—————
010$6.30$9.00—$76.00—————
0112$5.50$8.00—$77.0036.37%$0.50$0.6514268
033$4.60$7.30—$78.0036.29%$0.70$0.859299
—————$79.0036.24%$0.95$1.1011131
4217$3.60$4.90—$80.0036.14%$1.25$1.4014322
1719$3.30$4.20—$81.0035.55%$1.55$1.752090
508$3.10$3.40—$82.0035.93%$2.00$2.20634
227$1.95$3.1035.77%$83.00—$2.45$2.70126
—————$84.00—$2.95$3.20639
1277$1.75$2.0038.52%$85.00—$3.50$3.80167
—————$86.00—$3.90$5.90340
05$0.60$0.9037.78%$89.00—$5.30$8.8010

Forward $82.95. The 25-delta put carries -1.53 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 37.45%±7.98skew +1.73
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$31.20$35.30—$50.00—————
03$21.40$24.10—$60.00—————
15$11.50$14.10—$70.0042.30%$0.15$0.252,87166
98142$8.00$9.10—$75.0039.54%$0.55$0.751,057181
50$6.50$8.30—$76.0038.90%$0.70$0.90022
—————$77.0038.61%$0.90$1.101336
09$4.90$7.60—$78.0038.90%$1.15$1.40460
—————$79.0038.55%$1.40$1.70011
313844$4.70$5.20—$80.0038.30%$1.75$2.00406127
173$3.50$4.60—$81.0038.72%$2.10$2.50010
2834$3.10$4.00—$82.0039.73%$2.55$3.1070
125$3.00$3.50—$83.0037.77%$3.00$3.3002
2511$2.60$2.9037.30%$84.00—————
891,672$2.20$2.5037.43%$85.00—$4.10$4.801,15727
40$1.80$2.1537.30%$86.00—$4.10$6.4001
511$1.50$1.8037.23%$87.00—$4.50$7.1002
612$1.20$1.5036.92%$88.00—————
108949$0.85$1.0037.17%$90.00—$7.70$8.503303
36508$0.30$0.4038.41%$95.00—$11.20$13.80210
—————$100.00—$15.90$19.2010
—————$115.00—$30.80$34.0010

Forward $83.10. The 25-delta put carries +1.73 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 37.92%±9.16skew +1.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$72.0038.85%$0.35$0.55110
10$7.30$10.30—$75.0038.41%$0.75$1.05482
01$6.20$9.50—$76.00—————
—————$77.0039.42%$1.15$1.7577
—————$78.0038.81%$1.40$2.00268
954$4.00$6.50—$79.0038.98%$1.80$2.30180
—————$80.0038.66%$2.10$2.7084
—————$81.0037.91%$2.40$3.1010
—————$82.0038.32%$2.90$3.6081
12$3.20$3.9037.74%$83.00—$3.30$4.1001
103$2.95$3.4038.51%$84.00—$3.90$4.6001
424$2.50$3.1038.84%$85.00—$4.40$5.90106
05$2.15$2.7038.76%$86.00—$4.50$7.4020
913$1.80$2.3038.26%$87.00—$5.40$8.0010
11$1.55$2.0538.75%$88.00—$5.80$8.7010
60$1.30$1.6537.94%$89.00—$6.40$9.5010
1010$1.00$1.4537.61%$90.00—————
110$0.90$1.2538.24%$91.00—————
09$0.70$1.0037.41%$92.00—————
01$0.60$1.0038.98%$93.00—————
—————$94.00—$10.90$13.6010

Forward $82.85. The 25-delta put carries +1.81 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 38.57%±10.31skew +1.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$72.0040.05%$0.55$0.85212
—————$73.0040.20%$0.70$1.0545
—————$74.0038.80%$0.85$1.1010
01$7.30$10.60—$75.0039.61%$1.05$1.45425
112$6.50$10.00—$76.0038.64%$1.25$1.6002
0100$7.10$8.10—$77.0039.44%$1.50$2.05810
111$5.10$7.40—$78.0039.21%$1.80$2.3591
—————$79.0038.88%$2.10$2.7050
112$4.90$6.10—$80.0038.20%$2.45$3.0060
517$4.30$5.50—$81.00—————
02$3.70$5.00—$82.00—————
01$3.60$4.4038.35%$83.00—$3.80$4.5010
61$3.30$3.9038.81%$84.00—$4.30$5.0023
215$2.90$3.5038.92%$85.00—$4.70$5.70110
476$2.50$3.0038.19%$86.00—————
64$2.15$2.7538.58%$87.00—————
616$1.85$2.3538.14%$88.00—————
64$1.55$2.2038.67%$89.00—$7.20$9.8080
12122$1.35$1.7537.78%$90.00—$7.90$10.5010
02$1.15$1.6038.27%$91.00—————
123$1.00$1.3538.17%$92.00—————

Forward $82.85. The 25-delta put carries +1.17 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 38.57%±12.92skew +0.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$31.30$34.50—$50.00—————
013$21.40$24.40—$60.00—————
02$16.60$19.80—$65.0042.31%$0.35$0.4540125
09$12.10$14.50—$70.0039.74%$0.75$0.951,77396
4106$9.10$10.50—$75.0038.98%$1.75$1.95540114
126293$6.70$7.00—$80.0039.39%$3.50$3.8040150
121412$4.20$4.5038.49%$85.00—$5.90$6.2056019
91471$2.50$2.7038.28%$90.00—$9.00$10.203840
50394$1.40$1.5538.23%$95.00—$12.30$13.802531
20564$0.65$0.9037.92%$100.00—$17.20$18.607411
0110$0.30$0.5038.00%$105.00—$21.10$23.60260
—————$110.00—$26.50$29.10420
—————$115.00—$31.00$34.00240
062$0.05$0.1040.90%$120.00—————

Forward $83.29. The 25-delta put carries +0.76 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 39.43%±16.08skew +1.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$31.40$34.70—$50.00—————
02$26.50$29.10—$55.00—————
19$21.80$24.10—$60.00—————
011$17.40$19.80—$65.0042.05%$0.75$0.8511772
011$13.00$16.30—$70.0041.10%$1.50$1.6554224
3655$11.00$11.70—$75.0040.13%$2.70$2.9049430
5517$8.00$8.40—$80.0039.67%$4.50$4.802,44648
37169$5.50$5.9039.43%$85.00—$7.00$7.301223
77328$3.70$3.9038.95%$90.00—$10.00$10.504425
570184$2.40$2.6039.04%$95.00—$13.30$15.901,0080
29185$1.55$1.7539.54%$100.00—$17.40$20.10820
29284$0.90$1.1539.45%$105.00—$22.20$24.60640
19234$0.55$0.8040.16%$110.00—$26.10$29.30150
—————$115.00—$31.50$34.10210
—————$120.00—$35.90$39.00280

Forward $83.54. The 25-delta put carries +1.10 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.