Options Skew Analytics

LRCX 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 87.64%±20.36skew +7.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0132$23.75$26.35—$197.5096.71%$1.22$1.40211260
5301,002$22.40$24.50—$200.0095.37%$1.51$1.72674678
1960$21.00$22.15—$202.5094.84%$1.89$2.16719561
70200$19.00$20.10—$205.0093.49%$2.32$2.6038063
6296$17.25$18.15—$207.5093.20%$2.84$3.25377
3172,789$15.40$16.00—$210.0092.56%$3.45$3.95275235
221136$13.60$14.15—$212.5091.57%$4.15$4.7033816
6003,426$11.95$12.55—$215.0090.25%$4.90$5.5537589
120108$10.25$10.95—$217.5089.41%$5.85$6.50279167
265135$8.85$9.65—$220.0088.12%$6.85$7.551,46347
139183$7.60$8.1087.72%$222.50—$8.10$8.75979
694187$6.45$6.9087.07%$225.00—$9.20$10.0561723
636587$5.35$5.8586.20%$227.50—$10.70$11.40764
1,132489$4.45$5.0086.24%$230.00—$12.10$13.0521280
11678$3.65$4.1085.28%$232.50—$13.85$14.803626
1,136201$3.10$3.3585.46%$235.00—$15.90$16.509967
349107$2.53$2.7885.48%$237.50—$17.80$18.45379
661263$2.06$2.2184.97%$240.00—$19.55$20.552042
112232$1.63$1.8184.83%$242.50—$21.55$22.70371
311139$1.29$1.4484.53%$245.00—$23.65$26.401754
9579$0.99$1.1584.17%$247.50—$25.80$28.55230

Forward $221.92. The 25-delta put carries +7.08 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 74.44%±28.70skew +7.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$30.10$33.20—$192.5081.28%$2.24$2.49—3
481,235$28.05$30.65—$195.0080.19%$2.61$2.841,09961
0—$25.90$28.65—$197.5079.78%$3.00$3.40—5
17545$24.70$26.40—$200.0079.05%$3.50$3.901,51960
0—$22.25$24.55—$202.5078.66%$4.05$4.55—6
4—$20.45$23.20—$205.0078.13%$4.70$5.20—16
2—$19.45$21.35—$207.5077.43%$5.35$5.95—1
77578$18.15$19.20—$210.0077.13%$6.20$6.754,948237
15—$16.60$17.25—$212.5076.61%$7.00$7.70—13
19—$15.10$16.05—$215.0075.72%$7.95$8.55—28
19—$13.60$14.20—$217.5075.30%$8.95$9.65—102
1,674405$12.20$13.15—$220.0073.67%$9.95$10.552,86390
47—$10.95$11.5074.43%$222.50—$11.30$12.00—1
73124$9.70$10.5074.44%$225.00—$12.40$13.304237
19—$8.65$9.1573.40%$227.50—$13.55$14.65—10
611,402$7.60$8.1072.79%$230.00—$15.10$16.101,85111
66581$5.80$6.3071.90%$235.00—$18.10$19.3560424
2371,179$4.45$4.8571.68%$240.00—$21.40$23.601,78938
84514$3.25$3.7071.08%$245.00—$25.35$28.2511911
16264$2.90$3.1571.17%$247.50—$27.40$30.251271
183884$2.50$2.7371.16%$250.00—$29.85$31.502,67151

Forward $222.07. The 25-delta put carries +7.05 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 67.19%±33.16skew +7.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1839$33.75$35.95—$190.0072.51%$2.68$3.10810
0—$31.25$34.15—$192.5072.65%$3.10$3.70—512
128$29.15$32.20—$195.0071.12%$3.55$3.9522332
0—$27.40$30.05—$197.5071.67%$4.10$4.75—0
470$26.05$28.05—$200.0070.39%$4.70$5.102079
0—$23.65$26.15—$202.5070.73%$5.35$6.00—0
1325$23.20$24.35—$205.0069.71%$6.00$6.603,82410
1—$21.55$22.65—$207.5069.53%$6.80$7.45—1
350$19.65$20.55—$210.0068.96%$7.65$8.2522728
4—$18.25$19.50—$212.5068.70%$8.50$9.30—4
8548$16.75$17.65—$215.0068.32%$9.55$10.2599550
2—$15.20$16.45—$217.5067.83%$10.55$11.35—2
3733$13.95$14.85—$220.0066.71%$11.45$12.45685
0—$12.60$13.6067.39%$222.50—$12.95$13.80—1
1730$11.45$12.4067.15%$225.00—$13.90$14.95793
2—$10.25$11.3066.66%$227.50—$15.15$16.35—0
5226$9.25$10.0065.80%$230.00—$16.55$17.801141
14197$7.40$8.0064.88%$235.00—$19.70$20.903,0863
28365$5.85$6.4064.36%$240.00—$23.10$24.35462
4951$4.45$5.0563.50%$245.00—$26.50$29.057523
4071$3.50$3.9563.39%$250.00—$30.70$33.302280

Forward $222.22. The 25-delta put carries +7.23 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 67.42%±39.03skew +6.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$170.0074.43%$1.22$1.84146
—————$175.0074.98%$1.65$2.71841
106$42.85$45.95—$180.0073.25%$2.13$3.3515310
01$38.65$41.60—$185.0070.49%$2.91$3.659311
019$34.50$37.55—$190.0068.61%$3.85$4.251114
17$30.60$33.55—$195.0067.67%$4.85$5.405957
234$26.95$29.70—$200.0067.27%$6.15$6.85952
669$23.85$26.20—$205.0069.04%$7.60$9.5041285
2511$20.10$22.60—$210.0067.40%$9.20$11.15775
924$17.25$19.85—$215.0067.44%$11.25$13.5532137
4730$14.30$16.95—$220.0065.46%$13.55$15.303333
443$13.40$14.2567.44%$225.00—$16.00$16.95927
114305$11.20$12.1066.70%$230.00—$18.60$21.05400
642$9.25$10.1565.89%$235.00—$21.50$24.00892
11412$7.75$8.3565.38%$240.00—$24.80$27.401932
2530$6.00$6.6563.42%$245.00—$28.15$31.00430
55436$3.95$5.6061.07%$250.00—$31.75$34.60281
25145$3.85$4.4062.61%$255.00—$35.70$38.75351
36115$2.37$3.7060.55%$260.00—$39.85$43.00193
50758$2.03$2.9260.97%$265.00—$44.20$47.30150
1063$1.69$2.3061.22%$270.00—$48.35$51.70102

Forward $221.20. The 25-delta put carries +6.20 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 63.38%±41.63skew +10.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$52.55$56.20—$170.00—————
01$48.50$51.35—$175.0072.46%$2.20$3.50686
02$43.95$47.10—$180.0071.55%$2.94$4.25669
01$40.10$42.80—$185.0072.14%$4.00$5.45150
05$36.10$38.90—$190.0068.50%$4.80$5.807227
02$32.55$35.15—$195.0070.40%$5.95$8.15356
13$29.45$31.15—$200.0066.61%$7.40$8.30131
10$25.50$27.75—$205.0066.24%$9.05$10.051022
44$22.85$24.55—$210.0066.08%$10.65$12.401514
1411$19.00$21.65—$215.0066.38%$12.75$14.95258
893$17.10$18.85—$220.0065.66%$15.05$17.2513611
116$14.20$16.0563.43%$225.00—$17.25$19.905117
991$12.40$13.6563.21%$230.00—$20.10$22.80492
1226$10.40$11.7062.60%$235.00—$22.85$25.8090
28118$8.65$10.0062.12%$240.00—$26.40$28.9580
29$7.15$8.2561.20%$245.00—$29.70$32.05530
1225$5.75$6.9060.47%$250.00—$33.30$36.0511
5610$4.65$5.6559.80%$255.00—$36.90$39.8521
1653$3.90$5.3061.52%$260.00—$40.80$43.45100
54$2.51$3.9558.04%$265.00—$45.00$48.1571
1544$2.52$3.2059.55%$270.00—$49.25$52.45191

Forward $221.83. The 25-delta put carries +10.60 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 62.05%±45.18skew +7.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
2120$63.90$66.70—$158.0073.45%$1.42$1.646021
0230$62.10$64.90—$160.0072.83%$1.54$1.80363409
0271$60.25$63.30—$162.0072.45%$1.71$1.9811772
3287$58.45$61.45—$164.0072.41%$2.00$2.1436036
796$58.25$60.80—$165.0071.80%$2.00$2.251,27843
6368$56.50$59.35—$166.0071.67%$2.11$2.3697126
0283$53.10$55.75—$170.0070.75%$2.54$2.80549182
992$49.40$51.45—$175.0070.26%$3.20$3.607,47376
15458$44.60$47.35—$180.0069.04%$3.95$4.3514,388222
5384$40.60$43.40—$185.0068.38%$4.95$5.301,49580
1289$36.85$39.25—$190.0067.67%$6.05$6.451,125127
0336$33.25$35.50—$195.0066.88%$7.30$7.753,23036
133809$30.50$32.15—$200.0066.19%$8.75$9.251,960111
1926,021$24.70$25.65—$210.0064.80%$12.20$12.853,19251
1542,498$19.10$20.20—$220.0063.63%$16.60$17.251,28852
3441,503$14.45$14.9061.56%$230.00—$21.55$22.552,23580
3003,814$10.55$11.0060.32%$240.00—$27.90$28.702,18084
1581,566$7.50$8.1059.63%$250.00—$34.45$35.751,76624
1351,763$5.25$5.7558.91%$260.00—$42.45$44.051,43431
1822,510$3.80$4.1059.11%$270.00—$50.35$53.252,4388
1162,323$2.61$2.9759.20%$280.00—$59.35$61.901,90918

Forward $222.74. The 25-delta put carries +7.97 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 60.99%±47.63skew +6.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$53.95$56.90—$170.0067.51%$2.56$3.3045
05$49.65$52.85—$175.0068.56%$3.20$4.7021
13$45.50$48.75—$180.0065.14%$3.75$4.9552
05$41.50$44.75—$185.0065.74%$5.15$6.051332
18$37.65$40.70—$190.0064.63%$6.10$7.2530
03$34.00$37.15—$195.0064.14%$7.40$8.70950
176$31.55$33.30—$200.0063.61%$8.90$10.30300
511$27.20$30.25—$205.0063.40%$10.75$12.10214
02$25.20$27.10—$210.0063.08%$12.80$14.05411
10$21.20$24.30—$215.0062.58%$14.70$16.45012
05$19.65$21.75—$220.0063.30%$17.00$19.6033
042$16.10$18.9560.36%$225.00—$19.60$20.9032
1321$15.00$16.6561.55%$230.00—$21.90$24.9073
032$11.75$14.7059.19%$235.00—$25.20$27.8510
125$11.15$12.7560.53%$240.00—$27.75$31.1511
2212$9.00$10.9558.94%$245.00—$31.55$34.4560
61$7.90$9.4058.97%$250.00—$34.90$37.9010
131$6.90$7.9558.80%$255.00—$38.85$41.6051
71$5.50$6.7557.74%$260.00—$42.25$45.4521
22$4.75$5.7557.81%$265.00—$46.25$49.4520
11$3.85$5.1557.93%$270.00—$50.60$53.6505

Forward $222.41. The 25-delta put carries +6.40 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 60.41%±57.75skew +5.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3855$73.55$76.30—$150.0070.84%$2.07$2.822,24719
0346$68.85$72.25—$155.0070.07%$2.60$3.4027834
0772$64.45$67.65—$160.0069.48%$3.25$4.101,05014
0199$60.20$63.15—$165.0068.47%$3.90$4.8569939
1951$56.10$59.05—$170.0067.49%$4.75$5.601,32416
1410$52.05$55.00—$175.0065.73%$5.65$6.151,10936
22476$48.80$51.15—$180.0064.95%$6.65$7.251,504101
485$44.60$47.05—$185.0064.44%$7.90$8.501,21718
3638$41.15$43.65—$190.0063.77%$9.15$9.951,61228
3554$37.85$39.95—$195.0063.27%$10.70$11.506926
482,121$34.35$36.85—$200.0062.91%$12.40$13.302,389230
34550$28.40$30.45—$210.0063.53%$16.25$18.403,013553
72665$24.25$24.95—$220.0061.42%$20.55$22.451,9221,077
962,178$19.50$20.3560.48%$230.00—$25.85$28.104,10881
704,297$15.50$16.2559.50%$240.00—$32.05$32.503,318117
1051,748$12.15$12.9558.83%$250.00—$38.30$40.902,6245
1244,068$9.40$9.9057.77%$260.00—$45.75$47.703,548260
1711,046$7.20$7.9057.61%$270.00—$53.35$55.401,34110
991,288$5.30$5.9556.61%$280.00—$61.40$64.252,6123
502,563$4.15$4.5556.64%$290.00—$69.85$73.101,58912
874,378$2.78$3.5055.67%$300.00—$79.20$82.102,6242

Forward $223.12. The 25-delta put carries +5.66 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.