Options Skew Analytics

MKC option chain

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

Data as of 22 September 2026 (end of day)

2027-01-15(115 days)ATM 32.54%±8.96skew +1.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$30.0043.46%$0.05$0.10790
017$13.60$15.50—$35.00—————
0293$9.30$10.70—$40.0033.85%$0.45$0.7580015
0160$5.50$6.00—$45.0033.35%$1.70$1.9550224
2284$2.90$3.3032.53%$50.00—$3.90$4.209536
4653$1.40$1.5532.23%$55.00—$6.40$7.903680
75,649$0.45$0.6530.74%$60.00—$10.50$12.301460
—————$65.00—$15.00$17.10500
—————$70.00—$19.80$22.002870
—————$75.00—$24.70$27.50170

Forward $49.04. The 25-delta put carries +1.12 volatility points over the 25-delta call.

2027-09-17(360 days)ATM 33.00%±16.33skew +1.96
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$35.0035.69%$0.95$1.401350
03$10.70$12.90—$40.0033.85%$2.00$2.40420
02$7.70$9.70—$45.0034.33%$3.50$4.70330
02$5.30$7.3033.81%$50.00—$5.80$7.10680
03$3.60$4.8032.17%$55.00—$8.50$10.60400
17$2.35$3.1031.19%$60.00—$12.00$14.20120
033$1.45$2.4031.89%$65.00—$16.00$18.3010
—————$70.00—$20.40$22.6010
—————$75.00—$25.00$27.3010

Forward $49.84. The 25-delta put carries +1.96 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.