Options Skew Analytics

LULU option chain

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

Data as of 22 September 2026 (end of day)

2026-09-25(3 days)ATM 44.50%±4.17skew +0.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
25206$7.05$8.55—$95.0049.49%$0.05$0.061,462594
38148$6.50$7.55—$96.0048.60%$0.08$0.10987624
0108$5.80$7.40—$96.5049.13%$0.10$0.1511318
4101$5.60$6.70—$97.0048.56%$0.12$0.1921272
958$5.10$6.40—$97.5047.22%$0.14$0.222438
42173$4.70$5.75—$98.0046.80%$0.20$0.2531289
543$4.55$5.25—$98.5046.41%$0.24$0.3217530
98308$4.10$4.85—$99.0046.19%$0.30$0.4019280
2241,477$3.55$3.95—$100.0045.47%$0.47$0.581,041916
485868$2.90$3.20—$101.0044.89%$0.71$0.83276389
7721,074$2.28$2.40—$102.0045.18%$1.08$1.17129282
8671,058$1.72$1.85—$103.0044.44%$1.46$1.6141386
250586$1.27$1.3844.66%$104.00—$2.00$2.1612249
1,3762,150$0.88$1.0144.53%$105.00—$2.64$2.813377
256664$0.65$0.7145.35%$106.00—$3.25$3.6543108
157969$0.44$0.5145.92%$107.00—$4.05$4.45773
85400$0.29$0.3746.69%$108.00—$4.50$6.55622
31221$0.16$0.2646.51%$109.00—$5.25$7.20262
4291,325$0.14$0.1748.35%$110.00—$6.45$8.102163
—————$111.00—$7.30$9.0581
27231$0.05$0.0849.27%$112.00—$8.25$10.15150

Forward $103.25. The 25-delta put carries +0.12 volatility points over the 25-delta call.

2026-10-02(10 days)ATM 40.77%±6.98skew -1.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$9.25$11.50—$93.0044.08%$0.20$0.276461
08$8.30$10.55—$94.0042.97%$0.24$0.35418340
638$7.90$8.95—$95.0042.65%$0.34$0.451,03397
232$6.80$8.40—$96.0042.15%$0.46$0.5732497
31213$6.50$7.20—$97.0041.09%$0.55$0.7324254
2117$6.00$6.55—$98.0041.51%$0.80$0.932229
255$4.70$5.70—$99.0041.20%$1.03$1.1714322
1851,183$4.50$4.95—$100.0041.29%$1.34$1.47745201
7461$3.95$4.30—$101.0041.17%$1.68$1.82132106
192,134$3.40$3.65—$102.0041.37%$2.07$2.2711160
159161$2.89$3.10—$103.0041.24%$2.54$2.712658
105480$2.38$2.5640.55%$104.00—$3.00$3.30661
2161,117$2.02$2.1541.11%$105.00—$3.60$3.9020811
90140$1.68$1.8041.48%$106.00—$4.25$4.5517415
37247$1.37$1.5141.80%$107.00—$4.85$5.2582
7987$1.12$1.2041.69%$108.00—$5.60$6.554111
6748$0.91$1.0342.47%$109.00—$6.10$7.357511
191473$0.73$0.8042.29%$110.00—$7.00$7.851176
8465$0.57$0.6942.92%$111.00—$7.60$10.20660
1672$0.40$0.5442.25%$112.00—$8.50$11.0570
2052$0.32$0.4442.77%$113.00—$9.40$11.4071

Forward $103.37. The 25-delta put carries -1.27 volatility points over the 25-delta call.

2026-10-09(17 days)ATM 41.34%±9.23skew -0.18
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$93.0042.57%$0.46$0.631921
02$9.25$10.70—$94.0042.16%$0.58$0.763217
0551$9.20$9.85—$95.0042.06%$0.77$0.9023943
015$8.35$9.15—$96.0041.97%$0.95$1.1112033
114$7.50$8.00—$97.0041.76%$1.17$1.332549
530$6.70$7.25—$98.0041.22%$1.35$1.6115435
482$6.15$6.50—$99.0041.22%$1.67$1.90102
28480$5.50$5.75—$100.0040.72%$1.94$2.2456231
225$4.90$5.20—$101.0040.95%$2.37$2.62115
387$4.30$4.55—$102.0041.23%$2.75$3.152527
1230$3.75$4.10—$103.0041.52%$3.15$3.755111
778$3.30$3.5541.30%$104.00—$3.75$4.20590
39193$2.75$3.1040.59%$105.00—$4.25$4.70583
1433$2.45$2.6841.00%$106.00—$4.80$5.30891
5103$2.16$2.3241.35%$107.00—$5.40$6.15274
6283$1.81$2.0341.33%$108.00—$6.10$6.85372
4498$1.55$1.7541.48%$109.00—$6.85$8.10202
62257$1.34$1.4541.40%$110.00—$7.60$8.80381
5168$1.07$1.2841.36%$111.00—$8.25$10.6570
11114$0.87$1.1041.34%$112.00—$8.90$11.5020
17338$0.72$1.0142.09%$113.00—$9.80$12.2060

Forward $103.48. The 25-delta put carries -0.18 volatility points over the 25-delta call.

2026-10-16(24 days)ATM 40.48%±10.75skew -0.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$9.35$11.35—$94.0041.09%$0.94$1.0845
1163$8.85$10.05—$95.0040.91%$1.16$1.252,947129
11$7.65$9.70—$96.0040.77%$1.35$1.5118
11$7.35$8.65—$97.0040.74%$1.61$1.78612
20$7.05$7.80—$98.0040.68%$1.90$2.0805
65$6.60$7.10—$99.0040.63%$2.22$2.4226
1282,471$5.95$6.45—$100.0040.53%$2.61$2.753,445230
1028$5.35$5.80—$101.0040.76%$2.92$3.301213
56$4.80$5.30—$102.0040.71%$3.35$3.7503
1294$4.30$4.80—$103.0040.89%$3.90$4.20217
1269$3.85$4.2540.48%$104.00—$4.30$4.7502
1662,286$3.50$3.8040.88%$105.00—$4.95$5.252,86168
1815$3.00$3.4540.70%$106.00—————
21443$2.76$2.9540.72%$107.00—————
425$2.43$2.6440.92%$108.00—$6.75$7.2502
4832$2.13$2.3441.00%$109.00—$7.35$7.9502
5241,799$1.86$2.0841.14%$110.00—$8.00$9.3095048
040$1.62$1.8341.20%$111.00—$8.90$9.8502
1515$1.42$1.6341.50%$112.00—$9.55$11.0001
32$1.24$1.4441.71%$113.00—————
324$1.07$1.2441.64%$114.00—————

Forward $103.52. The 25-delta put carries -0.76 volatility points over the 25-delta call.

2026-10-23(31 days)ATM 40.33%±12.17skew -0.19
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$9.65$11.70—$94.0041.41%$1.14$1.72251
1933$9.50$10.50—$95.0040.98%$1.50$1.7712698
01$8.10$10.20—$96.0041.36%$1.61$2.27170
09$7.75$9.25—$97.0041.36%$1.98$2.5020
016$7.00$8.85—$98.0041.45%$2.30$2.86212
439$6.65$7.80—$99.0041.34%$2.66$3.2051
54392$6.50$7.00—$100.0040.69%$2.95$3.551436
05$5.70$6.65—$101.00—————
04$5.10$6.10—$102.0040.65%$3.85$4.4025
38$4.65$5.65—$103.0040.95%$4.25$5.0562
267$4.30$4.9040.32%$104.00—$4.95$5.60336
11120$3.90$4.4540.47%$105.00—$5.25$6.20162
113$3.45$4.1040.56%$106.00—$5.90$6.85211
815$3.10$3.6540.39%$107.00—$6.50$7.70152
613$2.73$3.6541.84%$108.00—$7.10$8.85132
121$2.33$3.0540.28%$109.00—$7.70$9.7050
48235$2.25$2.6740.87%$110.00—$8.45$9.70310
37$1.91$2.4840.93%$111.00—$9.20$10.6054
522$1.85$2.1141.24%$112.00—————
212$1.48$2.0941.55%$113.00—$10.60$12.70680
913$1.32$1.8141.38%$114.00—$11.50$13.9510

Forward $103.50. The 25-delta put carries -0.19 volatility points over the 25-delta call.

2026-10-30(38 days)ATM 40.94%±13.66skew -1.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$10.80$13.15—$93.0041.30%$1.28$1.8631
01$10.55$11.95—$94.0041.25%$1.55$2.07190
216$9.55$11.15—$95.0040.48%$1.90$2.103334
043$8.70$10.90—$96.0041.25%$2.12$2.63100
024$7.90$10.25—$97.0040.34%$2.31$2.88500
11$7.30$9.30—$98.0040.74%$2.68$3.30111
0514$7.05$8.45—$99.0040.79%$3.05$3.702111
544$6.85$7.85—$100.0040.53%$3.45$4.05814
758$6.20$7.30—$101.0040.82%$3.90$4.55110
374$5.60$6.65—$102.0041.07%$4.35$5.1042
55$5.35$6.10—$103.00—————
413$4.70$5.6040.89%$104.00—$5.35$6.1020
10116$4.40$5.1041.20%$105.00—$5.85$6.65190
519$4.10$4.7541.87%$106.00—$6.55$6.9503
47$3.90$4.2542.15%$107.00—————
515$3.25$3.9041.06%$108.00—$7.60$9.0010
722$2.91$3.5540.97%$109.00—$8.25$9.4510
55122$2.68$3.2041.11%$110.00—$8.75$10.3010
1820$2.42$2.9141.19%$111.00—————
251$2.21$2.6141.26%$112.00—————
929$1.98$2.4941.86%$113.00—————

Forward $103.42. The 25-delta put carries -1.38 volatility points over the 25-delta call.

2026-11-20(59 days)ATM 41.50%±17.35skew -0.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$51.55$55.75—$50.00—————
049$42.40$45.10—$60.00—————
061$37.45$40.10—$65.00—————
044$32.55$35.30—$70.0045.95%$0.07$0.1126516
031$27.70$29.65—$75.00—————
122$23.50$25.25—$80.0043.50%$0.43$0.5091883
014$18.70$20.45—$85.0042.80%$0.92$0.992,230393
13116$14.90$16.20—$90.0041.89%$1.68$1.833,394442
7403$11.75$12.65—$95.0041.68%$2.95$3.202,03972
2451,127$8.80$9.00—$100.0041.52%$4.80$5.102,680107
1182,185$6.30$6.5041.49%$105.00—$7.30$7.552,18564
162862$4.45$4.6041.85%$110.00—$10.35$10.651,03546
115586$3.00$3.1541.81%$115.00—$13.85$14.6567733
309825$2.02$2.1242.09%$120.00—$17.75$18.854030
301,810$1.33$1.5042.81%$125.00—$22.10$23.4577511
21887$0.83$1.0042.92%$130.00—$26.60$27.603510
27836$0.57$0.6943.81%$135.00—$31.35$33.00370
104694$0.39$0.4944.76%$140.00—$36.05$37.95501
—————$145.00—$40.55$43.85350
59950$0.20$0.3047.56%$150.00—————
90120$0.15$0.2048.18%$155.00—————

Forward $103.97. The 25-delta put carries -0.41 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 48.68%±24.81skew -0.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$52.50$54.80—$50.00—————
0102$42.75$45.20—$60.00—————
04$37.95$39.95—$65.00—————
020$33.20$35.25—$70.00—————
05$28.65$31.10—$75.0050.49%$0.74$1.053,58410
2155$24.35$26.60—$80.0051.30%$1.52$1.811,81614
1132$20.65$22.15—$85.0049.41%$2.37$2.542,58813
072$16.60$19.05—$90.0048.78%$3.55$3.851,17649
16123$14.05$15.05—$95.0048.77%$5.30$5.551,64864
70589$11.75$12.10—$100.0048.67%$7.40$7.702,64175
23682$9.40$9.6048.63%$105.00—$9.90$10.301,219111
392,024$7.30$7.7548.77%$110.00—$12.90$13.302,66730
59746$5.75$6.1049.02%$115.00—$16.10$16.655991
571,432$4.50$4.8049.36%$120.00—$19.85$20.908942
241,062$3.45$3.7549.51%$125.00—$23.75$25.401,2120
631,167$2.69$2.8649.68%$130.00—$27.90$29.051,1650
37283$2.03$2.2249.82%$135.00—$32.30$33.751,4010
12800$1.54$1.7550.19%$140.00—$36.90$38.351,0730
14268$1.18$1.4050.72%$145.00—$41.20$43.2056340
352,200$0.95$1.1051.37%$150.00—$46.25$48.65150
—————$155.00—$51.15$53.70130

Forward $104.39. The 25-delta put carries -0.72 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.