Options Skew Analytics

MELI 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 44.31%±70.94skew +0.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
284$54.60$78.10—$1,470.0044.72%$6.20$9.3063
013$50.40$66.40—$1,480.0046.01%$8.50$12.807534
15$40.40$60.50—$1,490.00—————
—————$1,495.0046.19%$11.90$18.30430
531$38.60$53.00—$1,500.0043.95%$13.40$17.6013464
0—$33.80$54.60—$1,505.00—————
2096$33.40$44.10—$1,510.0045.49%$16.20$24.103911
1152$26.00$38.70—$1,520.0044.77%$19.20$28.807631
5—$25.00$35.60—$1,525.0041.71%$18.60$30.20—97
3932$21.80$34.3044.32%$1,530.00—$24.40$32.704828
—————$1,535.00—$25.10$37.30—142
—————$1,540.00—$27.30$41.705339
8—$18.60$23.2043.58%$1,545.00—$28.70$44.60—107
1853$19.00$22.7046.66%$1,550.00—————
—————$1,560.00—$35.70$57.10692
—————$1,565.00—$37.80$58.90—0
1412$11.90$15.4045.75%$1,570.00—$42.00$62.30154
—————$1,575.00—$48.30$65.80—8
—————$1,580.00—$52.00$67.6010610
—————$1,585.00—$53.20$75.70—18
—————$1,590.00—$57.40$76.7029110

Forward $1,529.50. The 25-delta put carries +0.27 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 39.06%±103.89skew +0.23
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$65.70$80.60—$1,480.0041.10%$19.10$24.409318
0—$62.20$76.10—$1,485.0041.07%$18.80$28.00—30
0—$58.80$70.80—$1,490.0040.54%$20.00$29.30—1
0—$55.50$67.90—$1,495.0040.60%$21.60$31.50—22
826$52.20$65.10—$1,500.0040.02%$25.40$30.4017750
0—$49.40$61.30—$1,505.0040.30%$24.80$35.60—60
0—$46.40$59.60—$1,510.0040.00%$26.20$37.80—3
1—$44.60$54.80—$1,515.0040.19%$28.60$40.20—133
573$47.50$53.30—$1,520.0039.58%$33.50$38.608873
0—$39.10$50.80—$1,525.0041.44%$33.00$47.80—88
71—$39.80$47.30—$1,530.0040.18%$37.90$45.20—19
48—$34.20$45.6039.02%$1,535.00—$39.00$52.50—141
6563$36.70$41.7040.55%$1,540.00—$41.60$55.2043599
2—$30.00$40.8039.07%$1,545.00—$44.50$57.90—65
4—$25.80$36.9037.24%$1,550.00—$47.60$60.70—4
0—$26.20$36.2039.05%$1,555.00—$50.70$63.50—28
942$28.90$33.0040.69%$1,560.00—$52.50$66.4018030
2—$24.60$32.1039.99%$1,565.00—$55.20$69.40—50
0—$21.50$34.4041.36%$1,570.00—$58.20$72.50—28
—————$1,575.00—$61.40$75.70—76
070$18.80$29.4040.87%$1,580.00—$64.80$79.0015462

Forward $1,532.00. The 25-delta put carries +0.23 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 38.45%±131.18
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$67.20$89.30—$1,485.00—————
03$66.30$86.50—$1,490.0038.90%$29.20$35.0040
0—$64.30$83.40—$1,495.0039.16%$27.50$41.20—16
455$67.00$72.80—$1,500.0040.40%$32.20$43.702134
0—$58.00$78.00—$1,505.0040.29%$30.80$49.00—0
01$52.80$75.40—$1,510.0038.69%$36.90$43.0052
0—$51.80$72.80—$1,515.00—————
034$50.80$70.40—$1,520.0038.72%$41.60$47.402034
0—$49.00$68.10—$1,525.0039.19%$40.10$54.90—0
82$50.00$56.90—$1,530.0039.22%$47.10$52.90114
2—$43.40$63.60—$1,535.0038.88%$44.60$59.50—18
216$40.50$60.5038.43%$1,540.00—$50.40$57.1088
0—$39.10$57.5038.52%$1,545.00—$46.50$65.30—0
14$37.70$57.3039.58%$1,550.00—$50.10$70.40172
0—$33.50$51.4037.45%$1,555.00—$51.40$72.60—0
016$31.90$51.2038.34%$1,560.00—$54.50$74.60150
0—$29.90$47.9037.87%$1,565.00—$57.90$78.00—0
014$34.40$38.9037.64%$1,570.00—$61.00$81.20102
0—$26.70$43.9038.03%$1,575.00—$64.10$83.60—30
—————$1,580.00—$67.70$89.80490
—————$1,585.00—$71.00$95.60—0

Forward $1,536.45. Not enough surviving quotes on both wings to measure the skew here.

2026-12-04(25 days)ATM 38.84%±156.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$79.70$98.10—$1,485.0037.14%$32.40$40.80—0
011$76.60$95.20—$1,490.0037.88%$37.30$42.001216
0—$73.70$92.50—$1,495.0036.97%$35.80$44.80—0
021$70.80$89.80—$1,500.0037.77%$41.00$46.20312
0—$65.80$87.00—$1,505.0037.38%$39.20$51.10—0
025$63.00$84.50—$1,510.0038.45%$45.20$52.90372
0—$62.00$82.00—$1,515.0037.54%$44.20$55.60—2
019$61.90$75.90—$1,520.0037.25%$46.60$57.00121
2—$60.90$69.50—$1,525.0036.89%$48.00$59.30—2
3618$60.90$67.10—$1,530.0038.19%$54.80$61.6066
0—$52.90$70.50—$1,535.0038.44%$53.50$68.80—2
217$50.50$70.4039.14%$1,540.00—$57.40$70.30222
0—$46.50$68.2038.64%$1,545.00—$57.40$73.70—2
014$46.20$61.3037.79%$1,550.00—$61.80$76.40336
0—$42.20$64.2038.81%$1,555.00—$61.40$81.90—0
153$40.80$60.4038.51%$1,560.00—$66.90$82.5040
0—$38.60$60.3039.08%$1,565.00—$66.50$86.00—2
01$38.50$57.4039.39%$1,570.00—$71.40$88.9080
0—$35.70$56.2039.35%$1,575.00—$73.30$91.80—2
—————$1,580.00—$78.10$96.9082
0—$32.20$50.4038.74%$1,585.00—$78.60$98.80—0

Forward $1,535.55. Not enough surviving quotes on both wings to measure the skew here.

2026-12-18(39 days)ATM 38.06%±191.27skew +1.24
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$183.10$203.40—$1,360.0039.98%$16.20$19.0035437
06$167.50$187.40—$1,380.0039.59%$19.40$23.0033343
0107$152.10$172.10—$1,400.0039.46%$23.80$27.7024021
047$137.70$157.50—$1,420.0038.97%$28.60$32.205110
017$125.70$143.70—$1,440.0038.58%$33.20$38.503621
018$112.30$130.80—$1,460.0038.52%$39.90$45.301832
023$99.70$112.70—$1,480.0038.32%$47.20$52.60400
4111$87.80$101.50—$1,500.0038.13%$55.80$60.2086440
4180$84.10$89.90—$1,520.0038.60%$63.00$73.502640
10030$73.90$78.6038.85%$1,540.00—$72.50$85.305016
245$57.90$69.7037.09%$1,560.00—$82.80$97.204112
030$50.40$64.5037.99%$1,580.00—$95.00$108.00482
173$44.30$57.1038.30%$1,600.00—$101.60$119.403028
049$37.20$50.1038.08%$1,620.00—$115.10$133.802430
9172$35.10$39.4037.81%$1,640.00—$129.40$149.20563
160$26.70$38.5038.16%$1,660.00—$144.40$163.801901
1182$22.00$32.5037.73%$1,680.00—$160.10$180.40662
3134$19.40$24.1036.76%$1,700.00—$176.30$196.607251
—————$1,710.00—$184.60$206.80220
056$14.90$23.0037.22%$1,720.00—$193.20$213.30610
—————$1,730.00—$201.90$223.30120

Forward $1,537.34. The 25-delta put carries +1.24 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 37.69%±203.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$104.50$125.80—$1,475.0037.65%$40.30$60.60—16
0—$98.50$120.60—$1,485.0036.15%$41.80$61.10—0
—————$1,490.0037.74%$48.90$64.6010
0—$92.50$115.10—$1,495.0037.53%$51.40$65.50—0
—————$1,500.0038.79%$58.20$68.3020
0—$86.00$109.20—$1,505.0036.68%$54.20$68.00—0
—————$1,510.0036.62%$53.50$73.0006
0—$82.70$104.10—$1,515.0036.75%$58.20$73.50—0
01$82.30$101.60—$1,520.00—————
0—$77.10$99.70—$1,525.0036.09%$60.30$78.20—0
05$77.10$96.80—$1,530.00—————
0—$71.70$94.50—$1,535.0036.20%$64.70$84.30—0
01$72.40$92.20—$1,540.00—————
0—$63.80$89.9036.62%$1,545.00—$70.40$90.80—0
—————$1,550.00—$75.50$95.7002
0—$63.40$85.8037.69%$1,555.00—$77.00$100.20—0
0—$59.60$81.3037.79%$1,565.00—$82.50$105.50—0
—————$1,570.00—$86.60$108.2010
0—$55.40$77.7037.91%$1,575.00—$88.20$110.80—0
0—$50.80$73.4037.69%$1,585.00—$93.90$116.80—0
10$48.20$65.8037.94%$1,600.00—————

Forward $1,541.23. Not enough surviving quotes on both wings to measure the skew here.

2027-01-15(67 days)ATM 38.54%±254.50skew +0.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$215.10$239.00—$1,340.0041.26%$23.80$37.601121
02$203.00$224.00—$1,360.0038.48%$27.40$33.70410
01$186.90$209.10—$1,380.0040.19%$29.70$48.70170
08$175.80$194.70—$1,400.0038.02%$37.10$44.2031966
012$159.90$181.70—$1,420.0039.68%$42.60$58.80750
01$147.90$168.20—$1,440.0037.90%$50.60$56.90794
0434$135.40$156.70—$1,460.0037.76%$58.00$64.107621
1110$124.40$139.00—$1,480.0038.12%$62.10$78.302515
5479$114.20$133.50—$1,500.0037.61%$73.90$81.8029917
2331$109.40$115.00—$1,520.0037.22%$83.00$89.804419
1068$98.90$104.90—$1,540.0038.82%$93.00$108.50842
1037$89.50$94.8038.53%$1,560.00—$103.30$117.3010450
212$75.20$94.2038.89%$1,580.00—$114.60$121.205639
756$69.90$79.0037.95%$1,600.00—$125.70$139.6050721
017$60.60$77.4038.64%$1,620.00—$137.70$152.20760
063$54.20$71.1038.77%$1,640.00—$150.70$164.504734
163$44.00$61.9037.32%$1,660.00—$164.10$182.3010215
0150$42.50$55.8038.07%$1,680.00—$177.50$198.903215
1113$37.10$46.7037.14%$1,700.00—$192.80$213.0028711
0164$30.60$40.1036.24%$1,720.00—$204.00$226.3010511
047$28.40$39.1037.44%$1,740.00—$220.20$244.004210

Forward $1,541.16. The 25-delta put carries +0.58 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 40.31%±373.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
024$238.70$253.70—$1,380.0042.28%$68.40$82.00302
07$222.20$243.10—$1,400.0041.57%$74.30$86.502650
02$209.90$229.60—$1,420.0040.73%$76.50$94.40250
02$198.00$220.30—$1,440.0041.98%$90.00$105.50120
—————$1,450.0041.15%$92.10$106.40170
05$186.50$208.90—$1,460.0040.41%$91.40$110.80190
02$175.70$194.20—$1,480.0041.58%$104.30$124.00160
6107$165.30$182.90—$1,500.0040.54%$115.00$125.00650
62$158.30$170.40—$1,520.0040.49%$121.80$137.60466
14$146.40$163.70—$1,540.0040.30%$132.10$146.50360
06$137.50$150.4040.39%$1,560.00—$141.30$159.40561
011$128.00$143.1040.43%$1,580.00—$151.30$169.404510
836$120.00$133.8040.30%$1,600.00—$161.50$182.801380
07$110.30$125.6039.97%$1,620.00—$170.50$194.00360
08$101.30$119.7039.95%$1,640.00—$179.10$210.80570
041$94.00$109.5039.46%$1,660.00—$191.60$223.20590
025$86.40$101.8039.17%$1,680.00—$208.30$234.10200
158$84.10$95.5039.72%$1,700.00—$221.80$247.201551
035$73.10$97.7040.16%$1,720.00—$235.70$262.60510
017$69.70$94.6040.04%$1,730.00—$238.60$270.10510
031$67.10$88.6039.59%$1,740.00—$247.90$276.7060

Forward $1,553.50. Not enough surviving quotes on both wings to measure the skew here.

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.

MELI option chain | Options Skew Analytics