Options Skew Analytics

LHX option chain

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

Data as of 22 September 2026 (end of day)

2026-10-02(10 days)ATM 25.51%±10.17skew +0.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
50$19.50$22.40—$220.00—————
—————$230.0026.66%$0.60$1.00120
—————$235.0026.22%$1.50$2.2011
02$4.80$7.10—$237.5026.09%$2.25$3.1050
121$4.00$4.80—$240.0025.15%$3.30$3.90220
201$2.95$3.8026.16%$242.50—$4.40$6.2020
2210$2.05$2.4524.98%$245.00—$5.20$7.60101
7520$1.35$1.9025.70%$247.50—$7.30$9.5020
76$1.00$1.4026.75%$250.00—$9.20$11.40150
—————$255.00—$13.40$16.50350
—————$257.50—$15.80$19.0020
—————$260.00—$18.20$21.3070
—————$265.00—$23.20$26.3040
—————$270.00—$28.20$31.4010

Forward $240.80. The 25-delta put carries +0.52 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 24.30%±12.63skew -0.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$15.30$17.90—$225.0025.13%$0.50$0.7503
—————$230.0024.83%$1.15$1.5530
—————$235.0024.06%$2.30$2.75108
21$5.20$5.70—$240.0024.14%$4.20$4.9073
10$4.10$4.6024.59%$242.50—$5.50$6.2002
47$3.30$3.7025.37%$245.00—$6.70$8.3076
15$2.25$2.7524.47%$247.50—————
121$1.65$2.1524.82%$250.00—$10.20$12.20189
—————$252.50—$11.80$14.2002
3151$0.85$1.3525.79%$255.00—$14.00$16.8060
—————$260.00—$18.00$21.8060
—————$265.00—$23.20$26.3040

Forward $240.90. The 25-delta put carries -0.76 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 24.52%±15.18skew +1.93
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$39.30$43.50—$200.00—————
—————$225.0025.61%$0.90$1.3002
—————$227.5025.78%$1.25$1.85040
1512$11.90$13.70—$230.0025.15%$1.80$2.1542151
—————$232.5025.74%$2.30$3.2001
—————$235.0025.04%$3.00$3.8012
—————$237.5025.90%$4.00$5.10020
433$6.20$7.30—$240.0024.42%$4.90$5.7035920
30$5.10$6.0024.54%$242.50—————
10$4.10$4.7024.19%$245.00—$6.80$9.3010
210$3.10$3.9024.23%$247.50—————
16143$2.40$2.9023.81%$250.00—$11.00$12.7048934
1,7148$1.35$1.6523.61%$255.00—————
60$1.10$1.7525.68%$257.50—————
5981,318$0.85$1.2025.30%$260.00—$19.50$20.9028621
—————$270.00—$28.70$31.401883

Forward $241.45. The 25-delta put carries +1.93 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 25.50%±17.94skew -0.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$225.0026.37%$1.35$2.1520
108$13.50$15.10—$230.0025.42%$2.45$2.9540
—————$235.0025.82%$3.80$5.0030
20$7.10$8.70—$240.0025.84%$5.90$7.20525
60$4.80$5.9024.91%$245.00—$7.80$10.1070
2515$3.30$4.0025.11%$250.00—$10.90$13.40146
110$1.95$3.0025.61%$255.00—$14.60$17.6060
02$1.30$2.1026.39%$260.00—$18.90$22.0010
33$0.90$1.2026.37%$265.00—————

Forward $241.35. The 25-delta put carries -0.19 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 28.83%±28.01skew +1.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$50.60$53.80—$190.00—————
01$45.70$49.00—$195.00—————
02$41.30$44.00—$200.00—————
34$32.20$34.60—$210.0029.43%$1.20$1.85171
05$23.40$26.20—$220.0029.46%$3.00$3.60786
116$16.50$18.80—$230.0028.52%$5.50$6.301179
630$11.60$12.40—$240.0029.09%$10.00$10.7017365
5458$7.00$7.7028.10%$250.00—$15.80$17.7078843
9142$4.10$4.9028.45%$260.00—$22.20$23.703069
4148$2.15$3.1028.71%$270.00—$29.80$32.508520
268148$1.45$1.8029.75%$280.00—$38.70$41.701550
0102$0.80$1.0530.16%$290.00—$48.30$51.50970
—————$300.00—$57.50$61.801540

Forward $241.66. The 25-delta put carries +1.01 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 28.14%±33.27skew +0.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$41.60$44.70—$200.00—————
—————$210.0029.30%$2.25$3.1022
—————$220.0028.74%$4.20$5.2088
02$18.60$21.10—$230.0028.57%$7.50$8.2043
06$13.60$15.00—$240.0028.40%$11.50$12.8029230
27$9.30$10.1027.87%$250.00—$17.30$18.90132
37$6.00$7.0027.98%$260.00—$23.40$25.8050
10654$3.70$4.5027.76%$270.00—$31.20$33.6010
—————$280.00—$39.60$42.6002
06$1.50$2.2529.38%$290.00—————
—————$300.00—$58.30$61.2010
521$0.70$1.0530.94%$310.00—————

Forward $242.17. The 25-delta put carries +0.99 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 27.80%±37.92skew +0.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$89.90$94.00—$150.00—————
028$61.20$64.40—$180.00—————
02$51.60$55.00—$190.00—————
06$47.20$50.50—$195.00—————
1917$42.90$45.60—$200.0028.39%$1.70$2.00482
07$34.60$37.40—$210.0027.37%$2.45$3.80171
012$27.10$29.80—$220.0028.32%$5.50$6.207332
642$20.50$23.40—$230.0028.15%$8.80$9.5013136
316$15.90$16.80—$240.0027.76%$12.30$14.402897
13164$11.60$12.3027.82%$250.00—$18.70$19.701223
5161$8.10$8.8027.73%$260.00—$24.60$27.201310
1468$5.80$6.3028.18%$270.00—$32.20$34.701810
14275$4.10$4.5028.65%$280.00—$40.40$43.503450
3138$2.80$3.1028.83%$290.00—$49.10$52.10700
1729$1.80$2.9030.32%$300.00—$58.40$61.501920
27178$1.00$1.6529.11%$310.00—$68.00$71.40370
—————$320.00—$77.50$81.80330
—————$330.00—$87.50$91.8010
—————$370.00—$127.50$131.603000

Forward $243.04. The 25-delta put carries +0.14 volatility points over the 25-delta call.

2027-02-19(150 days)ATM 28.97%±45.23skew +0.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
523$62.50$65.50—$180.00—————
01$53.50$56.50—$190.0028.97%$1.35$1.95231
—————$195.0028.62%$1.90$2.4020
013$44.90$47.70—$200.00—————
015$37.10$39.80—$210.0028.67%$4.70$5.003512
08$29.90$32.50—$220.0028.58%$7.30$7.80592
1257$24.10$26.20—$230.0028.47%$10.90$11.30521
1562$18.70$19.70—$240.0028.71%$15.50$16.002557
1057$14.60$15.3029.00%$250.00—$20.60$21.802390
11145$11.00$11.5028.84%$260.00—$25.70$29.00910
2135$6.80$8.8027.77%$270.00—$33.40$35.80450
030$4.80$6.6027.91%$280.00—$41.40$44.20270
161$3.90$4.9028.72%$290.00—$49.80$53.10130
94,441$2.90$3.7029.18%$300.00—$59.10$61.80542
046$1.95$2.7529.22%$310.00—$68.30$71.40110
042$1.40$2.1529.73%$320.00—————

Forward $243.51. The 25-delta put carries +0.66 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.