Options Skew Analytics

MA 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 27.29%±18.81skew +3.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$24.70$29.40—$632.50—————
1026$22.30$27.20—$635.0030.72%$1.05$1.6536368
07$20.30$25.10—$637.5029.99%$1.20$2.001820
590$18.00$22.90—$640.0029.00%$1.65$2.0527566
046$16.00$20.90—$642.5027.89%$1.75$2.5014214
144$14.60$18.90—$645.0028.08%$2.35$3.10530
115$12.80$16.20—$647.5027.35%$2.75$3.70464
996$11.00$15.20—$650.0027.58%$3.70$4.404824
2246$10.40$11.70—$652.5026.84%$4.20$5.301387
0123$8.80$10.10—$655.0026.61%$5.10$6.3010713
655$7.30$8.80—$657.5027.54%$6.10$8.10118
52354$5.80$7.5026.89%$660.00—$7.10$9.401919
313$4.10$6.8026.46%$662.50—$8.00$10.7066
43358$3.70$5.0025.89%$665.00—$9.80$12.5020
—————$667.50—$10.70$14.70181
1347$2.20$3.1025.07%$670.00—$12.20$16.50911
1042$1.70$2.3024.66%$672.50—$13.80$18.3041
8151$1.20$1.8024.42%$675.00—$15.70$20.2050
316$1.00$1.6025.49%$677.50—$18.10$22.9040
322141$0.85$1.2025.77%$680.00—$20.80$25.1030
—————$682.50—$22.60$27.3010

Forward $658.45. The 25-delta put carries +3.01 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 24.05%±27.51skew +1.65
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
4220$24.80$29.90—$635.0025.60%$2.85$3.70440
068$23.50$27.80—$637.5025.07%$3.20$4.10530
3356$21.20$26.00—$640.0024.89%$3.70$4.709342
038$19.60$24.00—$642.5024.28%$4.00$5.30240
32,080$17.70$22.20—$645.0024.30%$4.90$5.90883
0—$15.80$20.20—$647.5024.47%$5.20$7.40—7
35562$15.40$17.30—$650.0024.32%$6.70$7.6015710
10—$13.40$15.30—$652.5024.21%$7.10$9.10—3
28290$12.60$13.80—$655.0024.58%$9.10$9.607621
1—$9.80$12.60—$657.5023.42%$8.60$11.40—0
29354$9.90$11.0024.15%$660.00—$11.10$12.1011775
1—$8.00$10.2023.69%$662.50—$11.00$13.80—0
40730$7.90$8.4023.91%$665.00—$13.40$15.10200
1—$5.10$7.6021.99%$667.50—$13.70$16.50—0
2452$5.60$6.9023.78%$670.00—$15.10$18.70882
0—$3.90$6.2022.78%$672.50—$16.80$21.00—0
0101$3.90$5.2023.29%$675.00—$18.60$23.20140
0—$3.00$4.8023.24%$677.50—$20.10$24.40—0
7203$2.80$3.5022.68%$680.00—$22.10$26.40250
0—$2.20$3.6023.42%$682.50—$23.90$29.00—0
1173$1.80$2.8022.86%$685.00—————

Forward $658.85. The 25-delta put carries +1.65 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 22.24%±38.41skew +1.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$68.10$73.70—$590.00—————
04$58.70$64.60—$600.00—————
02$54.10$59.60—$605.00—————
03$49.70$55.10—$610.00—————
05$45.60$50.40—$615.00—————
—————$620.0024.43%$2.80$4.3022
02$36.80$42.00—$625.0023.35%$3.40$4.6050
01$32.50$38.00—$630.0022.82%$3.90$5.70100
03$28.30$34.10—$635.0022.85%$5.40$6.70230
04$24.40$30.40—$640.0022.42%$6.40$8.1040
013$22.00$27.00—$645.0022.70%$8.50$9.70110
011$19.00$22.00—$650.0022.52%$10.30$11.50412
187$17.10$18.90—$655.0022.41%$12.40$13.601074
046$14.60$16.0022.30%$660.00—$14.70$16.00752
07$12.10$13.4021.94%$665.00—$17.30$18.6071
017$9.90$11.9022.24%$670.00—$18.50$22.10180
04$6.40$10.0020.84%$675.00—$21.70$25.50170
273$6.60$7.7021.63%$680.00—$25.10$29.50300
013$4.20$6.9021.15%$685.00—$28.50$33.1010
10018$4.10$4.9021.26%$690.00—$32.10$36.7020
29$2.70$4.5021.33%$695.00—————

Forward $659.95. The 25-delta put carries +1.69 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 22.14%±43.26skew +4.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$60.00$65.80—$600.00—————
—————$610.0025.53%$2.90$4.5050
01$43.00$47.80—$620.0023.70%$3.90$5.301110
—————$630.0025.39%$6.00$9.9040
02$31.50$36.10—$635.0024.27%$7.00$10.40410
02$27.80$32.50—$640.0024.28%$8.30$12.4010
05$24.40$28.80—$645.0023.27%$9.70$13.20711
05$21.10$25.40—$650.0022.17%$11.60$13.70620
05$18.10$22.30—$655.0021.82%$13.20$16.0051
48$15.20$19.0022.15%$660.00—$16.10$18.5021
21$13.40$16.1022.09%$665.00—————
65$10.80$13.2021.20%$670.00—$20.10$23.80020
01$8.10$12.0021.05%$675.00—$23.20$27.8020
—————$680.00—$26.30$31.7020
57$3.30$4.3020.91%$700.00—————
—————$720.00—$60.00$64.6010

Forward $659.80. The 25-delta put carries +4.48 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 21.93%±47.39skew +1.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
074$52.60$57.70—$610.0024.63%$3.80$4.7040717
0200$48.50$52.50—$615.0024.16%$4.60$5.2010918
1471$44.40$49.10—$620.0023.95%$5.50$6.1034367
657$40.60$44.70—$625.0023.70%$6.50$7.1012710
0147$37.10$41.50—$630.0023.32%$7.30$8.40892
087$33.30$37.90—$635.0023.23%$8.70$9.801175
5703$29.60$34.00—$640.0023.11%$10.30$11.306415
187$26.20$29.10—$645.0022.83%$11.90$12.907813
5317$23.30$26.20—$650.0022.57%$13.70$14.701174
086$20.00$23.00—$655.0022.20%$15.50$16.70663
3362$18.70$20.10—$660.0022.01%$17.50$19.202712
7250$16.30$17.6021.90%$665.00—$20.30$22.10180
1194$14.20$15.6022.02%$670.00—$22.10$24.90770
3281$12.10$13.6021.90%$675.00—$24.70$27.90450
1443$10.30$11.4021.59%$680.00—$27.90$31.80234
120570$8.60$9.9021.54%$685.00—$31.10$35.40100
46412$7.20$8.1021.23%$690.00—$34.30$38.9030
7212$6.00$7.1021.38%$695.00—$38.20$42.8030
7634$4.90$6.1021.38%$700.00—$42.30$46.7010
19186$3.70$5.1021.05%$705.00—————
6314$3.10$4.4021.27%$710.00—————

Forward $661.05. The 25-delta put carries +1.94 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 21.68%±61.57skew +2.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1287$101.80$106.70—$560.00—————
0163$97.10$102.10—$565.00—————
0549$92.30$97.40—$570.00—————
0414$89.70$92.90—$575.0026.32%$2.90$3.904173
36490$85.10$88.50—$580.0025.82%$3.20$4.3050720
0123$78.80$83.80—$585.0025.54%$3.70$4.80954
1300$74.50$79.40—$590.0025.15%$4.20$5.3023613
093$70.70$75.10—$595.0024.76%$4.80$5.8029613
2936$66.30$68.80—$600.0024.50%$5.50$6.5057325
0232$62.30$66.60—$605.0024.27%$6.60$7.00874
0976$57.60$62.50—$610.0024.05%$7.40$8.0052353
0564$50.30$54.60—$620.0023.45%$9.20$10.1032519
56381$42.60$47.00—$630.0023.00%$11.70$12.6013839
1848$35.90$39.70—$640.0022.69%$14.80$15.801677
21542$30.50$32.10—$650.0022.33%$18.50$19.40378121
12426$25.10$27.00—$660.0021.89%$22.50$23.70245174
53623$15.70$17.6021.22%$680.00—$33.40$34.60440
81,201$9.40$10.1020.54%$700.00—$45.60$49.70370
91,686$5.20$5.7020.27%$720.00—$61.50$66.5045
4426$2.70$3.6020.63%$740.00—————
11159$1.40$1.9020.65%$760.00—————

Forward $662.97. The 25-delta put carries +2.91 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 23.90%±95.13skew +2.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10171$128.30$134.00—$540.0029.31%$4.40$7.004351
3189$119.20$125.10—$550.0027.55%$5.40$6.2045213
1131$110.90$116.40—$560.0027.14%$6.60$7.301770
2139$102.20$107.90—$570.0027.14%$7.70$9.601853
1203$94.40$99.30—$580.0026.29%$9.50$10.101511
31544$86.50$89.70—$590.0025.95%$11.20$12.101231
2142$78.40$83.30—$600.0025.60%$13.20$14.3039077
2372$70.70$74.70—$610.0025.34%$15.80$16.707218
20190$63.90$67.30—$620.0025.10%$18.40$19.80873
0136$56.30$61.60—$630.0024.57%$21.50$22.30700
13198$50.80$54.10—$640.0024.32%$24.70$26.20244
8400$45.50$48.20—$650.0023.93%$27.90$30.402264
5276$40.50$42.80—$660.0023.82%$32.40$35.00405
10170$34.60$37.6023.97%$670.00—$38.30$39.80213100
2207$29.80$32.8023.66%$680.00—$42.50$45.40120
28308$21.60$24.2023.04%$700.00—$53.70$57.80210
0180$15.60$16.5022.37%$720.00—$66.70$72.5030
28116$11.40$11.7022.38%$740.00—————
581$7.60$8.2022.15%$760.00—————
372$5.10$6.5022.57%$780.00—————
049$3.50$4.7022.77%$800.00—————

Forward $667.01. The 25-delta put carries +2.96 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 23.59%±103.74skew +3.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$85.70$91.60—$595.0025.84%$14.60$16.30346
029$82.20$86.90—$600.0025.77%$16.00$17.50561
015$78.50$82.60—$605.0025.80%$17.80$18.70450
094$74.80$80.50—$610.0025.51%$18.30$20.50140
016$71.40$77.00—$615.0025.25%$19.50$21.80650
014$67.70$73.20—$620.0025.01%$21.10$22.90420
06$64.20$70.20—$625.0024.76%$22.50$24.30381
067$61.10$66.10—$630.0024.65%$24.20$26.00400
024$57.70$63.90—$635.0024.52%$25.80$27.901164
038$55.70$57.80—$640.0024.44%$27.70$29.80374
028$52.60$54.80—$645.0024.23%$29.40$31.70248
027$49.40$51.90—$650.0024.07%$31.30$33.70404
052$46.70$49.00—$655.0023.94%$33.40$35.80181
034$43.70$46.30—$660.0023.79%$35.50$38.00330
033$41.30$43.30—$665.0023.61%$38.00$39.90130
026$38.40$41.1023.56%$670.00—$40.00$42.90171
161$36.90$38.3023.60%$675.00—$42.90$44.9070
260$34.30$36.4023.53%$680.00—$45.00$48.1080
0306$25.90$28.1023.10%$700.00—$56.80$60.2041
5158$19.50$20.9022.75%$720.00—$70.50$74.7010
1167$14.60$15.6022.67%$740.00—————

Forward $668.27. The 25-delta put carries +3.13 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.