Options Skew Analytics

LHX 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 33.23%±9.46skew -0.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
22$50.90$54.10—$220.00—————
20$48.10$51.10—$222.50—————
03$45.60$48.70—$225.00—————
01$40.60$43.50—$230.00—————
01$35.60$39.10—$235.00—————
08$30.80$34.10—$240.00—————
04$26.50$29.20—$245.00—————
081$20.90$24.20—$250.00—————
118$15.90$19.40—$255.00—————
1715$11.60$14.10—$260.00—————
325$9.20$12.00—$262.5034.21%$0.60$1.0022
031$7.50$10.40—$265.0033.36%$1.00$1.4593
230$5.90$6.90—$267.5032.99%$1.55$2.2020
1312$4.60$5.30—$270.0033.93%$2.50$3.30185
384$3.20$3.9033.17%$272.50—————
818$2.15$2.8032.99%$275.00—$4.90$5.9033
1015$1.35$2.0033.06%$277.50—$6.80$7.4030
7235$0.90$1.3533.56%$280.00—$7.10$10.2070
33$0.60$1.0034.99%$282.50—————
—————$355.00—$81.00$84.5002
—————$360.00—$86.80$89.3002

Forward $272.05. The 25-delta put carries -0.20 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 30.77%±14.55skew +1.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$28.80$32.10—$242.50—————
02$26.20$29.70—$245.00—————
07$23.80$27.30—$247.50—————
6531$22.20$24.20—$250.00—————
02$19.40$22.20—$252.50—————
216$17.10$19.80—$255.00—————
02$15.00$18.10—$257.50—————
4570$12.80$15.70—$260.0032.33%$1.50$1.902613
015$10.80$13.70—$262.5031.71%$1.75$2.65130
188$9.40$10.70—$265.0030.67%$2.40$3.1080
02$7.80$9.00—$267.5030.34%$3.10$4.0010
13241$6.50$7.50—$270.0029.68%$4.00$4.90831
4—$5.30$6.2030.78%$272.50—$5.20$6.50—0
063$4.10$5.0030.40%$275.00—$6.50$7.50130
1—$2.80$4.1029.63%$277.50—$8.10$9.00—0
17389$2.40$3.1030.20%$280.00—$9.90$11.20610
0—$1.75$2.4530.24%$282.50—$11.10$13.30—0
430$1.25$1.7029.49%$285.00—————
11213$0.75$1.2031.62%$290.00—$16.80$20.2060
—————$295.00—$22.20$24.70—0
—————$300.00—$26.30$29.80230

Forward $272.40. The 25-delta put carries +1.48 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 27.90%±16.89skew +0.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$33.70$37.20—$237.50—————
06$31.30$34.80—$240.00—————
0—$29.00$32.10—$242.50—————
07$26.50$30.00—$245.00—————
0—$24.50$27.50—$247.50—————
04$22.20$24.90—$250.00—————
0—$20.00$22.60—$252.50—————
27$17.70$20.20—$255.00—————
0—$15.80$18.50—$257.5029.42%$1.40$2.25—0
011$13.80$16.80—$260.00—————
0—$11.70$14.80—$262.5028.80%$2.45$3.40—0
04$10.70$11.90—$265.0029.45%$3.50$4.20220
0—$8.70$10.30—$267.5028.02%$3.90$5.00—0
010$7.40$8.90—$270.0027.80%$4.80$6.1060
2—$6.00$7.50—$272.5027.81%$6.10$7.20—0
211$5.10$6.4028.43%$275.00—$7.80$9.1050
0—$4.20$5.3028.47%$277.50—$8.90$10.00—0
818$3.40$4.3028.35%$280.00—————
0—$2.45$3.5027.73%$282.50—$12.50$13.40—0
516$2.10$2.9028.49%$285.00—$13.40$16.5030
09$1.25$2.0529.18%$290.00—————

Forward $272.60. The 25-delta put carries +0.32 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 28.57%±23.02skew +1.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$23.10$26.20—$250.00—————
—————$255.0029.51%$2.45$3.6020
—————$260.0029.11%$3.60$5.0020
—————$270.0028.84%$7.50$8.8040
33$7.00$8.6028.36%$275.00—$9.80$11.4010
02$5.00$6.3027.74%$280.00—————
01$3.50$4.7027.74%$285.00—————
092$2.25$3.7028.03%$290.00—————
23$1.15$1.7028.16%$300.00—————

Forward $272.19. The 25-delta put carries +1.08 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 28.44%±25.32skew +1.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$120.00$124.30—$150.00—————
03$90.30$94.40—$180.00—————
06$70.80$74.50—$200.00—————
05$51.10$54.70—$220.00—————
07$41.50$44.80—$230.0031.94%$0.45$0.702610
022$32.50$35.50—$240.0029.61%$0.95$1.2523410
0355$23.50$26.70—$250.0029.79%$2.05$3.20370
0222$16.80$18.10—$260.0028.91%$4.20$5.80280
17605$10.70$12.10—$270.0028.85%$8.30$9.7040
4398$6.00$7.1027.54%$280.00—$13.70$15.20240
9139$3.40$3.9027.62%$290.00—————
289$1.55$2.5028.33%$300.00—$28.20$31.5010
31367$0.85$1.3028.91%$310.00—————

Forward $272.41. The 25-delta put carries +1.29 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 27.95%±32.64skew +0.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$120.00$124.30—$150.00—————
029$90.80$94.40—$180.00—————
02$80.60$84.50—$190.00—————
06$75.80$79.50—$195.00—————
063$71.10$74.60—$200.00—————
018$61.50$64.90—$210.00—————
214$52.60$54.90—$220.0030.09%$0.50$0.751570
034$42.50$46.00—$230.0029.37%$1.15$1.401951
376$34.40$36.70—$240.0028.71%$2.15$2.703761
2120$26.10$28.80—$250.0028.08%$3.90$4.7014722
7159$19.50$21.80—$260.0028.60%$6.80$8.401263
23239$13.00$15.40—$270.0027.96%$10.80$12.4016228
3407$8.90$10.6027.94%$280.00—$15.80$18.003310
2203$5.80$7.1027.98%$290.00—$22.30$25.10590
21,047$3.60$4.4027.70%$300.00—$30.10$32.601730
1204$2.15$2.6527.60%$310.00—$38.20$41.5020
—————$330.00—$56.90$60.4010
—————$370.00—$96.60$100.403000

Forward $272.62. The 25-delta put carries +0.38 volatility points over the 25-delta call.

2027-02-19(102 days)ATM 29.60%±42.95skew +1.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
023$91.60$95.40—$180.00—————
01$81.90$85.60—$190.00—————
—————$195.0033.34%$0.35$0.45100
013$72.60$76.00—$200.00—————
013$63.00$66.50—$210.00—————
08$53.70$57.30—$220.0029.88%$1.15$1.65920
036$45.60$48.00—$230.0029.67%$2.25$2.801050
254$37.30$39.70—$240.0030.82%$4.40$5.103213
5501$29.50$32.20—$250.0029.82%$6.60$7.302960
0297$23.40$25.80—$260.0030.20%$10.00$11.20840
1238$18.30$20.20—$270.0029.87%$13.60$16.00480
0409$13.60$15.3029.50%$280.00—$19.70$21.101570
184$9.40$11.1028.61%$290.00—$25.20$28.00190
434,458$6.90$7.8028.56%$300.00—$32.30$34.60570
1169$4.90$5.5028.62%$310.00—$39.60$42.90110
365$3.30$4.0028.78%$320.00—————
427$2.35$2.7529.01%$330.00—————
330$1.35$2.1029.06%$340.00—————
—————$350.00—$76.60$80.0020

Forward $274.50. The 25-delta put carries +1.20 volatility points over the 25-delta call.

2027-05-21(193 days)ATM 29.30%±58.71skew +1.95
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$98.10$101.60—$175.00—————
01$93.40$96.90—$180.00—————
01$88.70$92.30—$185.00—————
01$84.10$87.70—$190.00—————
03$79.60$83.00—$195.00—————
07$75.10$78.50—$200.0031.81%$1.75$2.25352
03$58.00$61.30—$220.0030.85%$3.60$5.30409
07$50.10$53.50—$230.0031.33%$6.10$7.50177
124$43.50$45.50—$240.0030.19%$7.50$10.20370
043$35.90$39.10—$250.0030.00%$10.50$13.50250
348$30.30$32.40—$260.0029.81%$14.10$17.5080
027$24.10$27.20—$270.0029.60%$18.50$22.00370
029$19.30$22.7029.38%$280.00—$23.70$27.0010
098$15.40$18.1028.89%$290.00—$29.80$33.00280
1048$13.20$14.3029.25%$300.00—$36.30$39.30610
07$9.30$11.5028.38%$310.00—$43.30$46.30110
145$7.30$8.9028.25%$320.00—————
09$5.30$7.6028.48%$330.00—————
02$4.00$5.3027.79%$340.00—————
1300$2.85$4.1027.62%$350.00—————
01$2.20$3.4028.09%$360.00—————

Forward $275.55. The 25-delta put carries +1.95 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.