Options Skew Analytics

LI option chain

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

Data as of 22 September 2026 (end of day)

2026-10-09(17 days)ATM 45.46%±1.15skew +3.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$4.10$5.30—$7.00—————
01$3.10$4.30—$8.00—————
01$2.60$3.80—$8.50—————
02$2.33$3.05—$9.00—————
01$1.25$2.00—$10.0053.39%$0.03$0.06210
—————$10.5052.57%$0.08$0.13940
—————$11.0049.35%$0.18$0.2118224
—————$11.5048.92%$0.35$0.395740
430$0.31$0.3744.08%$12.00—$0.50$0.662200
017$0.18$0.2246.28%$12.50—————
7219$0.10$0.1449.04%$13.00—————
3606$0.06$0.0952.12%$13.50—————
212198$0.03$0.0654.26%$14.00—$2.00$2.7510

Forward $11.76. The 25-delta put carries +3.07 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 46.27%±1.39skew +0.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$7.30$8.05—$4.00—————
02$6.35$7.40—$5.00—————
01$5.30$6.30—$6.00—————
04$1.48$2.08—$10.0048.76%$0.05$0.081250
—————$10.5047.01%$0.12$0.1430
02$0.92$1.09—$11.0045.77%$0.23$0.269373
10$0.61$0.74—$11.5046.89%$0.42$0.483610
0289$0.39$0.4745.98%$12.00—$0.62$0.765181
032$0.26$0.2746.15%$12.50—————
261,705$0.14$0.1645.70%$13.00—$1.20$1.78310
411$0.08$0.1147.73%$13.50—————
2471$0.05$0.0749.54%$14.00—$2.07$2.69100
04$0.01$0.0548.82%$14.50—————
1216$0.01$0.0453.06%$15.00—$3.00$3.7020
—————$18.00—$5.95$6.5011

Forward $11.73. The 25-delta put carries +0.07 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 44.88%±1.54skew +2.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$4.15$5.30—$7.00—————
03$3.65$4.80—$7.50—————
01$3.15$4.30—$8.00—————
01$2.65$3.80—$8.50—————
01$2.33$3.05—$9.00—————
—————$9.5056.91%$0.05$0.112012
010$1.46$2.16—$10.0051.76%$0.10$0.134710
—————$10.5050.78%$0.18$0.23520
—————$11.0048.10%$0.29$0.35121
—————$11.5048.97%$0.48$0.58960
293$0.45$0.5644.21%$12.00—$0.57$0.88271
024$0.29$0.3945.23%$12.50—————
0236$0.19$0.2545.81%$13.00—$1.17$1.8510
15$0.10$0.1451.65%$14.00—$2.04$2.9821
6527$0.05$0.0754.80%$15.00—————
651$0.02$0.0863.13%$16.00—————

Forward $11.78. The 25-delta put carries +2.29 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 45.77%±1.73skew +0.31
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$4.15$5.35—$7.00—————
02$3.70$4.85—$7.50—————
01$3.50$4.35—$8.00—————
—————$9.5052.42%$0.07$0.111551
—————$10.0050.33%$0.12$0.18193
—————$10.5048.72%$0.20$0.2920
—————$11.0047.77%$0.34$0.4460
—————$11.5046.39%$0.52$0.64310
0101$0.51$0.6345.69%$12.00—$0.78$0.891251
1259$0.36$0.4646.98%$12.50—————
21$0.25$0.3448.41%$13.00—————
126$0.16$0.2549.14%$13.50—————
47$0.10$0.1648.58%$14.00—$2.03$2.78253
645$0.04$0.0956.07%$15.50—————

Forward $11.73. The 25-delta put carries +0.31 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 48.72%±2.80skew +0.64
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$5.10$6.30—$6.00—————
—————$7.0062.84%$0.02$0.08218
057$3.65$4.30—$8.0057.19%$0.07$0.132913
—————$9.0051.59%$0.16$0.211240
10017$2.11$2.43—$10.0050.65%$0.32$0.482,9331
034$1.44$1.70—$11.0048.67%$0.67$0.774,3712
16654$0.99$1.0448.69%$12.00—$1.17$1.279073
43,499$0.61$0.7449.40%$13.00—$1.81$1.913,0773
31,680$0.38$0.5050.01%$14.00—$2.37$2.711,6530
82,041$0.26$0.3050.38%$15.00—$3.25$3.708990
11,411$0.17$0.2553.38%$16.00—$4.20$4.60140
—————$17.00—$5.15$5.55880
01,598$0.09$0.1356.80%$18.00—$6.10$6.551130
083$0.05$0.1057.39%$19.00—$6.90$7.7520
3165$0.03$0.0959.55%$20.00—————

Forward $11.79. The 25-delta put carries +0.64 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 48.93%±3.26skew -1.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$8.40$9.10—$3.00—————
04$6.50$7.20—$5.00—————
0—$5.60$6.05—$6.0068.90%$0.02$0.08—0
—————$7.0058.08%$0.05$0.081030
069$3.70$4.15—$8.0053.18%$0.10$0.1512037
013$2.88$3.45—$9.0051.38%$0.22$0.31440
0143$2.24$2.56—$10.0049.18%$0.43$0.542,9210
2298$1.65$1.75—$11.0048.28%$0.78$0.901,3001
0202$1.17$1.2849.34%$12.00—$1.33$1.412890
51,115$0.73$0.9047.64%$13.00—$1.82$2.061,1140
9293$0.55$0.6449.56%$14.00—$2.55$2.81200
61,503$0.41$0.4450.64%$15.00—$3.45$3.702,1650
0430$0.29$0.3151.36%$16.00—$4.25$4.70520
331,545$0.19$0.2351.89%$17.00—$5.15$5.653,2070
0142$0.11$0.1852.19%$18.00—$6.10$6.55100
635,843$0.08$0.1156.08%$20.00—$8.10$8.559700
—————$22.00—$10.25$10.501100
913,312$0.04$0.0564.79%$25.00—$13.25$13.503410
—————$27.00—$15.00$15.6010
04,963$0.02$0.0371.20%$30.00—$17.90$18.55200
03,864$0.02$0.0787.11%$35.00—————

Forward $11.85. The 25-delta put carries -1.46 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 50.17%±4.23skew +0.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$7.40$8.45—$4.0074.06%$0.01$0.03500
—————$8.0054.71%$0.24$0.2803
0112$2.56$2.89—$10.0049.37%$0.54$0.81280
013$2.00$2.34—$11.0049.07%$0.93$1.20890
6603$1.49$1.81—$12.0049.22%$1.42$1.72890
0200$1.16$1.4450.31%$13.00—$2.15$2.361550
172$0.88$1.1450.80%$14.00—$2.76$3.0590
6256$0.67$0.7348.45%$15.00—$3.60$3.8550
4344$0.51$0.5548.80%$16.00—————
2229$0.40$0.4650.35%$17.00—$5.30$5.7520
16$0.32$0.3550.94%$18.00—————
1068$0.25$0.3352.98%$19.00—————
837$0.20$0.2352.57%$20.00—$8.10$8.45250
850$0.08$0.1057.11%$25.00—————

Forward $12.08. The 25-delta put carries +0.57 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.