Options Skew Analytics

LULU 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 51.51%±6.13skew +0.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1691$9.85$12.00—$103.00—————
0153$9.30$11.35—$104.0056.19%$0.14$0.236429
1414$8.65$10.40—$105.0056.10%$0.22$0.3123651
14130$7.65$9.25—$106.0055.04%$0.28$0.42189136
781$6.95$8.20—$107.0055.54%$0.41$0.5920825
22315$6.15$6.60—$108.0052.70%$0.55$0.63117189
26166$5.30$5.80—$109.0052.58%$0.72$0.8717818
46819$4.60$4.95—$110.0052.08%$0.94$1.132441,149
68147$3.90$4.30—$111.0052.34%$1.19$1.538423
93291$3.30$3.65—$112.0051.34%$1.59$1.79116115
125220$2.68$2.91—$113.0051.73%$2.02$2.2737158
114136$2.15$2.3851.48%$114.00—$2.50$2.77314
1,469468$1.76$1.9351.76%$115.00—$3.00$3.301812
249119$1.35$1.5451.11%$116.00—$3.55$3.9562
361179$1.05$1.2251.14%$117.00—$4.25$4.6001
1,641191$0.81$0.9851.60%$118.00—$4.85$5.4010
19155$0.61$0.7451.32%$119.00—————
807410$0.47$0.5551.41%$120.00—$6.45$7.0011
14377$0.34$0.4451.90%$121.00—————
131130$0.24$0.3351.85%$122.00—$7.15$9.1510
2771$0.17$0.2451.80%$123.00—————

Forward $113.63. The 25-delta put carries +0.48 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 46.39%±9.18skew +3.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
7108$10.30$11.60—$104.0050.26%$0.67$0.7811245
485,141$9.45$9.80—$105.0049.91%$0.80$0.962,444294
067$8.60$10.15—$106.0049.08%$0.95$1.125680
2190$7.55$9.10—$107.0049.65%$1.15$1.4435134
9130$6.90$7.85—$108.0049.11%$1.41$1.6440452
259$6.40$6.70—$109.0048.84%$1.67$1.9415165
874,332$5.65$6.20—$110.0049.19%$2.03$2.301,30725
23102$5.10$5.55—$111.0048.77%$2.38$2.6411613
66210$4.50$4.90—$112.0049.29%$2.78$3.15165
6159$3.90$4.35—$113.0048.35%$3.20$3.503287
41—$3.45$3.8046.47%$114.00—$3.50$3.90—9
3,2243,121$3.00$3.3046.26%$115.00—$4.20$4.5569612
7—$2.52$2.7945.24%$116.00—$4.60$5.05—0
30—$2.22$2.5146.34%$117.00—$5.25$5.70—0
1,206—$1.86$2.0645.38%$118.00—$5.60$6.40—0
16—$1.60$1.7645.59%$119.00—$6.65$7.20—0
1222,543$1.33$1.5045.51%$120.00—$7.35$7.804160
5—$1.08$1.2545.12%$121.00—$7.35$8.90—0
29—$0.82$1.0744.66%$122.00—$8.05$9.75—0
5—$0.68$0.8744.56%$123.00—$8.95$10.60—0
2—$0.54$0.7344.55%$124.00—$9.60$11.50—0

Forward $113.92. The 25-delta put carries +3.99 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 44.08%±11.16skew +2.64
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3146$11.25$13.15—$103.0046.74%$0.88$1.07792
053$10.45$12.20—$104.0046.44%$1.05$1.24123
158$9.75$11.25—$105.0046.39%$1.23$1.481963
036$8.90$10.65—$106.0045.91%$1.45$1.67970
130$8.40$9.60—$107.0045.68%$1.65$1.97113
1150$7.75$8.40—$108.0045.52%$1.91$2.28290
150$7.05$7.75—$109.0045.36%$2.21$2.6170
7188$6.40$7.00—$110.0045.76%$2.65$2.97677
73$5.70$6.50—$111.0044.89%$3.00$3.2501
713$5.00$5.90—$112.0044.83%$3.25$3.8504
21$4.70$5.30—$113.00—————
03$4.25$4.80—$114.00—$4.25$4.80011
28289$3.60$4.3544.03%$115.00—$4.65$5.352361
100$3.35$3.7544.05%$116.00—$5.25$5.8505
627$2.90$3.4043.98%$117.00—————
72$2.60$2.8743.40%$118.00—$6.45$7.1002
100$2.24$2.5143.03%$119.00—————
69667$1.94$2.2243.02%$120.00—$7.70$8.6020
70$1.69$1.9342.95%$121.00—————
242$1.48$1.6843.04%$122.00—————
13$1.08$1.2642.88%$124.00—————

Forward $114.00. The 25-delta put carries +2.64 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 45.50%±13.61skew +0.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
087$11.30$13.10—$104.0048.47%$1.70$1.9613786
127$10.55$12.30—$105.0048.25%$1.94$2.2029146
023$9.90$11.55—$106.0046.48%$1.92$2.4550
314$9.25$10.00—$107.0047.62%$2.47$2.7372
236$8.25$10.00—$108.0047.87%$2.82$3.1002
222$7.90$9.30—$109.0046.98%$2.90$3.5570
090$7.30$8.10—$110.0048.00%$3.55$3.90231
216$6.65$7.80—$111.00—————
06$5.85$7.45—$112.0045.94%$3.95$4.75211
123$5.40$6.40—$113.00—————
10$5.30$6.30—$114.00—————
16110$4.70$5.4545.52%$115.00—$5.30$6.30410
60$4.20$5.0045.22%$116.00—————
621$3.95$4.4045.10%$117.00—————
873$3.60$3.9544.95%$118.00—$7.70$8.0008
2074$3.25$3.7045.44%$119.00—————
17333$2.81$3.7046.43%$120.00—$8.50$9.4520
1324$2.64$3.0045.27%$121.00—————
60$2.32$3.1046.89%$122.00—————
62$2.10$2.7146.49%$123.00—————
10$1.85$2.3545.85%$124.00—————

Forward $114.27. The 25-delta put carries +0.63 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 54.40%±18.45skew +3.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
116$12.45$13.60—$105.0057.87%$3.35$3.955610
13$11.80$13.10—$106.00—————
019$11.20$12.50—$107.00—————
537$10.50$12.00—$108.00—————
09$9.95$11.30—$109.0057.23%$4.75$5.40230
2234$9.30$10.55—$110.0057.81%$5.15$6.0070
02$8.85$10.05—$111.00—————
11$8.20$9.45—$112.0056.72%$6.00$6.7010
33$7.85$8.60—$113.0058.12%$6.50$7.5572
10$7.40$8.50—$114.0057.10%$7.10$7.7002
37398$6.50$7.3552.95%$115.00—$7.40$8.2510
72$6.30$7.0554.40%$116.00—————
44$5.90$6.6054.40%$117.00—————
120$5.60$6.1554.62%$118.00—————
1255$5.20$5.9555.26%$119.00—————
58120$4.95$5.3554.81%$120.00—————
29$4.60$5.0554.97%$121.00—————
50$4.15$4.6554.21%$122.00—————
141$3.90$4.4054.67%$123.00—————
41$3.50$4.0554.00%$124.00—————
3540$3.40$3.7554.60%$125.00—————

Forward $114.55. The 25-delta put carries +3.27 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 57.94%±21.63skew +2.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$47.90$50.80—$65.00—————
018$42.95$45.80—$70.00—————
06$38.10$40.90—$75.0064.39%$0.14$0.194,0752
2169$33.25$35.85—$80.0061.96%$0.25$0.362,300137
0122$28.70$30.90—$85.0060.84%$0.53$0.653,298343
1120$24.50$26.45—$90.0060.31%$1.04$1.151,75756
71,112$20.75$22.20—$95.0059.97%$1.81$1.983,005310
51,733$16.55$18.25—$100.0059.16%$2.90$3.102,77555
51,467$13.40$14.65—$105.0058.93%$4.45$4.701,89231
205,105$10.50$11.05—$110.0058.33%$6.40$6.702,89427
551,237$8.05$8.4058.01%$115.00—$8.85$9.206688
1493,203$6.00$6.3557.73%$120.00—$11.55$12.258550
1051,591$4.35$4.6557.17%$125.00—$14.75$15.551,1332
1232,193$3.10$3.4057.04%$130.00—$17.85$19.158022
503755$2.17$2.3756.58%$135.00—$21.90$23.301,2140
961,320$1.44$1.6556.09%$140.00—$26.00$27.852840
6719$0.95$1.1555.94%$145.00—$30.45$32.452050
104,449$0.69$0.8256.74%$150.00—$35.05$37.40120
1400$0.46$0.6157.32%$155.00—$39.80$41.85110
—————$160.00—$44.50$47.1080
—————$165.00—$49.70$52.5040

Forward $114.20. The 25-delta put carries +2.12 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 55.94%±22.47skew +2.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$95.0058.80%$1.94$2.3403
—————$99.0056.94%$2.49$3.3005
—————$100.0056.87%$2.77$3.5508
—————$101.0057.07%$3.10$3.8505
110$15.50$17.25—$102.0056.82%$3.35$4.1506
—————$103.0056.44%$3.60$4.4504
02$12.90$14.50—$106.00—————
01$11.75$12.95—$108.00—————
01$11.15$12.40—$109.00—————
61$10.80$12.00—$110.0056.86%$6.60$7.10130
11$9.60$10.90—$112.00—————
10$9.10$10.30—$113.00—————
—————$114.0054.95%$8.00$9.0502
100$8.30$9.3557.07%$115.00—$9.05$9.7510
20$7.65$8.8056.07%$116.00—————
70$7.35$8.2055.89%$117.00—————
41$6.10$7.0055.53%$120.00—————
70$4.30$5.3054.73%$125.00—————
01$4.05$4.9554.60%$126.00—————
01$3.75$4.6054.19%$127.00—————
40$3.10$3.8054.14%$130.00—————

Forward $114.42. The 25-delta put carries +2.67 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 52.37%±25.74skew +2.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
055$48.25$50.75—$65.00—————
058$43.40$46.25—$70.00—————
012$38.65$41.10—$75.00—————
0140$34.00$36.50—$80.0057.10%$0.56$0.886,2751
067$30.05$32.05—$85.0054.81%$0.99$1.201,004450
4143$25.60$27.65—$90.0054.34%$1.61$1.982,48037
11557$21.65$23.35—$95.0054.49%$2.72$2.991,8725
72,488$18.15$19.50—$100.0053.66%$4.00$4.252,43329
31,313$14.85$16.15—$105.0053.34%$5.70$5.957357
191,980$12.20$12.90—$110.0053.09%$7.75$8.103,04623
531,680$9.60$10.7052.91%$115.00—$10.30$10.551,7501
461,755$7.65$8.1551.89%$120.00—$12.50$13.651,6361
3031,400$5.95$6.3551.63%$125.00—$15.75$16.951,0880
2712,127$4.55$4.9551.53%$130.00—$19.20$20.451,1043
92860$3.45$3.8051.41%$135.00—$23.00$24.257642
17695$2.57$2.8251.01%$140.00—$27.00$28.806201
61,269$1.56$2.2850.17%$145.00—$31.35$32.7537510
283,418$1.38$1.7051.35%$150.00—$35.75$37.801480
2407$1.03$1.2551.34%$155.00—$40.55$42.258970
32,403$0.70$0.9050.80%$160.00—$45.35$47.65100
—————$165.00—$50.10$52.5020

Forward $114.72. The 25-delta put carries +2.25 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.