Options Skew Analytics

MO 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 27.03%±2.15skew +0.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$16.95$18.25—$58.00—————
20$16.10$17.15—$59.00—————
32$14.95$16.15—$60.00—————
22$14.05$15.10—$61.00—————
10$12.90$14.95—$62.00—————
01$10.90$12.95—$64.00—————
02$7.90$9.85—$67.00—————
313$7.10$8.10—$68.00—————
07$5.95$7.90—$69.00—————
143$5.25$6.65—$70.0039.44%$0.01$0.052194
0258$4.00$5.15—$71.00—————
166$3.60$4.10—$72.0030.30%$0.04$0.0618519
775$2.33$3.05—$73.0028.42%$0.08$0.13260140
57193$2.00$2.17—$74.0027.19%$0.19$0.27208174
75309$1.30$1.38—$75.0027.27%$0.44$0.57597255
1101,026$0.72$0.8326.98%$76.00—$0.87$1.011,367167
146696$0.36$0.4226.59%$77.00—$1.49$1.6356713
427541$0.16$0.1926.62%$78.00—$2.19$2.7625550
212316$0.06$0.0826.80%$79.00—$2.90$3.901751
791,831$0.01$0.0224.90%$80.00—$4.10$4.953312
—————$81.00—$5.00$5.70252

Forward $75.83. The 25-delta put carries +0.60 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 24.65%±3.25skew +1.92
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$8.15$9.75—$67.00—————
1122$7.55$8.55—$67.5032.84%$0.02$0.0462717
31$7.20$8.90—$68.00—————
04$6.20$7.95—$69.0028.82%$0.02$0.06962
19843$5.65$6.05—$70.0029.37%$0.08$0.102,213146
06$4.20$5.85—$71.00—————
68113$3.90$4.25—$72.00—————
1502,225$3.40$3.80—$72.5026.85%$0.26$0.341,99040
0106$3.05$3.35—$73.0025.88%$0.30$0.4219021
13782$2.40$2.58—$74.0025.85%$0.56$0.6534138
1003,943$1.76$1.86—$75.0025.16%$0.85$0.99993106
57426$1.20$1.2724.64%$76.00—$1.26$1.4512120
311,602$0.75$0.8724.46%$77.00—$1.83$2.041860
1944,242$0.58$0.6924.23%$77.50—$2.12$2.371201
691,111$0.44$0.5323.93%$78.00—$2.49$2.7228914
3,3185,348$0.26$0.3224.13%$79.00—$3.20$4.252381
2573,598$0.15$0.1623.89%$80.00—$4.15$4.951010
—————$81.00—$4.65$6.00440
—————$83.00—$6.60$8.1510
33182$0.01$0.0528.67%$84.00—$7.60$8.9540
—————$85.00—$8.60$9.95120

Forward $75.88. The 25-delta put carries +1.92 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 23.04%±3.89skew +1.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$10.05$12.05—$65.00—————
01$8.15$10.00—$67.00—————
02$7.00$9.10—$68.00—————
018$6.25$8.10—$69.00—————
014$5.30$6.35—$70.00—————
043$4.45$6.05—$71.0025.96%$0.20$0.302700
5217$3.75$4.40—$72.0024.67%$0.31$0.398150
0303$3.40$3.60—$73.0023.78%$0.45$0.57562
090$2.64$2.81—$74.0023.53%$0.71$0.839822
11193$2.05$2.14—$75.0023.48%$1.08$1.1814215
7171$1.49$1.5823.07%$76.00—$1.51$1.62505
68240$1.03$1.1122.62%$77.00—$2.05$2.18863
1211,219$0.68$0.7622.39%$78.00—$2.66$2.931910
26215$0.44$0.5122.43%$79.00—$3.10$4.40660
9817$0.27$0.3722.91%$80.00—$3.85$5.10410
—————$81.00—$4.75$6.1540
—————$83.00—$7.00$8.2003
—————$84.00—$7.90$8.8080
—————$85.00—$9.00$9.8010

Forward $75.97. The 25-delta put carries +1.35 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 22.88%±4.55skew +1.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$8.30$9.90—$67.00—————
01$6.30$8.25—$69.0025.86%$0.15$0.19155
017$5.55$7.15—$70.0024.88%$0.21$0.26109108
089$4.85$6.35—$71.0024.15%$0.31$0.36101
218$4.10$4.75—$72.0023.56%$0.45$0.5116114
012$3.60$3.85—$73.0023.20%$0.65$0.7353103
52134$2.90$3.10—$74.0022.88%$0.92$1.024915
5727$2.32$2.40—$75.0022.66%$1.28$1.39329
0123$1.75$1.8522.88%$76.00—$1.73$1.91413
687$1.29$1.4122.77%$77.00—$2.27$2.54960
3187$0.92$1.0122.40%$78.00—$2.87$3.20330
431$0.62$0.7222.15%$79.00—————
20259$0.38$0.5221.94%$80.00—$4.35$4.80392
1047$0.28$0.3322.06%$81.00—$5.05$5.90162
—————$82.00—$5.65$7.1510
—————$83.00—$6.60$8.2010
—————$84.00—$7.55$9.1510
—————$85.00—$8.65$10.2020

Forward $75.98. The 25-delta put carries +1.05 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 22.96%±5.17skew +0.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$6.60$7.60—$69.0024.55%$0.18$0.2734
01$5.55$7.15—$70.0023.49%$0.24$0.352031
05$4.75$6.20—$71.0023.43%$0.41$0.4722
13$4.25$5.05—$72.0022.97%$0.58$0.64615
117$3.75$4.20—$73.0022.70%$0.77$0.92107
18$3.10$3.35—$74.0022.26%$1.08$1.1884
226$2.49$2.75—$75.0022.56%$1.44$1.663220
062$1.94$2.1622.98%$76.00—$1.89$2.23290
015$1.47$1.6922.70%$77.00—$2.35$2.7760
426$1.09$1.3222.66%$78.00—$3.05$3.404810
465$0.80$1.0422.87%$79.00—————
1102$0.58$0.6822.15%$80.00—————
3135$0.39$0.5622.60%$81.00—————

Forward $75.99. The 25-delta put carries +0.55 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 22.27%±5.54skew +1.45
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
018$44.80$46.80—$30.00—————
01$32.40$34.35—$42.50—————
015$29.85$31.85—$45.00—————
010$24.95$27.00—$50.00—————
—————$52.5047.08%$0.01$0.045820
01$19.95$21.90—$55.0043.56%$0.01$0.061,1380
06$17.50$19.50—$57.50—————
03,232$15.40$16.60—$60.0034.27%$0.02$0.072,6715
0518$12.80$14.30—$62.5030.01%$0.04$0.072,6862
112,783$10.90$11.35—$65.0027.03%$0.07$0.113,86531
101,331$8.55$8.90—$67.5025.46%$0.18$0.211,6645
695,137$6.20$6.70—$70.0023.78%$0.38$0.421,40883
112,534$4.40$4.65—$72.5023.16%$0.83$0.911,887382
1776,918$2.79$2.88—$75.0022.55%$1.63$1.741,02590
554,312$1.55$1.6422.06%$77.50—$2.89$3.0587447
1743,826$0.76$0.8321.70%$80.00—$4.60$4.9520831
1632,492$0.34$0.3921.74%$82.50—$6.65$7.553121
82,959$0.16$0.1922.50%$85.00—$8.75$10.2070
60$0.07$0.1223.86%$87.50—————

Forward $76.15. The 25-delta put carries +1.45 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 22.74%±6.08skew +0.29
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
30$15.40$16.55—$60.00—————
30$10.65$11.65—$65.00—————
—————$67.0024.98%$0.15$0.25021
—————$69.0023.66%$0.28$0.41015
20$5.90$6.85—$70.0023.67%$0.45$0.5346
01$5.15$6.95—$71.00—————
01$4.40$5.90—$72.0023.33%$0.79$0.9830
30$4.15$4.40—$73.0022.81%$1.04$1.21052
—————$74.0022.89%$1.34$1.61210
01$2.89$3.15—$75.0022.83%$1.69$2.0609
152$2.34$2.55—$76.00—————
01$1.45$1.8022.68%$78.00—————
30$1.12$1.5122.94%$79.00—————
069$0.79$1.1422.17%$80.00—————
80$0.65$0.9723.04%$81.00—————

Forward $76.15. The 25-delta put carries +0.29 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 23.11%±7.48skew +2.31
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$32.40$34.40—$42.50—————
067$29.95$31.95—$45.00—————
01$27.60$29.20—$47.50—————
0101$25.15$26.80—$50.00—————
020$22.50$24.50—$52.50—————
041$20.15$21.50—$55.0031.93%$0.02$0.042,7341
0645$17.70$19.25—$57.5030.36%$0.03$0.0817,4550
42,430$15.45$16.65—$60.0028.87%$0.09$0.112,068102
01,572$13.00$14.35—$62.5027.44%$0.15$0.219,7315
1434,419$10.80$11.45—$65.0025.88%$0.26$0.362,06118
43,179$8.65$9.10—$67.5025.28%$0.53$0.652,46713
654,001$6.35$6.90—$70.0024.28%$0.96$1.062,406274
132,913$4.60$4.95—$72.5023.75%$1.65$1.761,97536
494,905$3.20$3.35—$75.0023.42%$2.65$2.799328
269,754$2.01$2.1022.48%$77.50—$4.00$4.155200
2973,866$1.19$1.2321.96%$80.00—$5.65$6.3024124
272,674$0.66$0.7221.90%$82.50—$7.35$8.75330
4743,801$0.34$0.4021.84%$85.00—$9.90$11.00950
34,604$0.10$0.1322.74%$90.00—$14.70$15.70130
—————$95.00—$19.20$20.755200
—————$100.00—$23.95$25.8510

Forward $75.56. The 25-delta put carries +2.31 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.