MSFT option chain

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

Data as of 9 November 2026 (end of day)

2026-11-11(2 days)ATM 29.66%±12.02skew +2.09

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
21	48	$24.00	$25.80	—	$522.50	38.08%	$0.27	$0.34	58	457
31	69	$22.00	$23.25	—	$525.00	36.91%	$0.36	$0.43	315	1,464
6	147	$19.15	$20.95	—	$527.50	35.68%	$0.47	$0.55	359	462
135	219	$17.45	$18.60	—	$530.00	34.51%	$0.66	$0.67	219	1,707
65	241	$15.20	$16.35	—	$532.50	33.59%	$0.84	$0.94	329	640
1,893	322	$13.60	$13.95	—	$535.00	32.70%	$1.14	$1.24	406	1,192
226	81	$11.40	$11.85	—	$537.50	32.00%	$1.54	$1.67	151	456
1,074	407	$9.50	$9.90	—	$540.00	31.07%	$2.04	$2.18	533	2,062
852	92	$7.55	$8.05	—	$542.50	31.05%	$2.73	$3.05	126	810
4,058	209	$6.05	$6.40	—	$545.00	30.37%	$3.60	$3.90	126	1,246
1,313	84	$4.65	$4.95	—	$547.50	—	$4.65	$4.95	42	198
2,583	620	$3.45	$3.75	29.29%	$550.00	—	$5.85	$6.35	106	73
3,303	162	$2.60	$2.73	29.26%	$552.50	—	$7.40	$7.85	93	122
2,737	304	$1.84	$1.93	28.98%	$555.00	—	$9.15	$9.60	109	9
4,657	224	$1.25	$1.35	28.82%	$557.50	—	$11.05	$11.55	44	22
2,265	627	$0.84	$0.94	28.93%	$560.00	—	$13.05	$14.10	22	3
1,303	466	$0.53	$0.64	28.92%	$562.50	—	$15.05	$16.70	11	15
589	1,927	$0.34	$0.41	28.94%	$565.00	—	$17.45	$18.70	40	48
400	121	$0.21	$0.29	29.37%	$567.50	—	$19.35	$21.15	10	12
448	160	$0.15	$0.20	30.12%	$570.00	—	$22.10	$24.25	6	7
122	219	$0.09	$0.13	30.33%	$572.50	—	—	—	—	—

Forward $547.50. The 25-delta put carries +2.09 volatility points over the 25-delta call.

2026-11-13(4 days)ATM 29.34%±16.82skew +2.96

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
6	205	$24.80	$26.60	—	$522.50	34.54%	$0.82	$0.93	596	669
11	570	$22.95	$24.20	—	$525.00	33.60%	$0.98	$1.12	773	511
21	211	$20.55	$22.05	—	$527.50	33.32%	$1.26	$1.43	719	239
162	1,114	$19.10	$20.15	—	$530.00	32.47%	$1.56	$1.69	710	825
110	414	$17.05	$17.85	—	$532.50	31.88%	$1.94	$2.07	756	212
298	1,027	$15.05	$15.35	—	$535.00	31.21%	$2.36	$2.54	826	735
147	728	$13.10	$13.65	—	$537.50	31.24%	$2.98	$3.25	196	286
615	3,137	$11.35	$11.70	—	$540.00	30.52%	$3.60	$3.90	560	982
690	1,461	$9.60	$10.00	—	$542.50	30.28%	$4.45	$4.75	1,029	283
1,377	1,632	$8.05	$8.45	—	$545.00	29.77%	$5.35	$5.70	720	529
634	431	$6.65	$7.00	—	$547.50	29.42%	$6.40	$6.85	366	163
5,986	14,825	$5.40	$5.70	28.97%	$550.00	—	$7.60	$8.10	494	192
482	1,475	$4.35	$4.60	28.73%	$552.50	—	$9.00	$9.50	149	29
3,382	2,701	$3.40	$3.65	28.40%	$555.00	—	$10.45	$11.10	522	47
587	1,163	$2.74	$2.85	28.45%	$557.50	—	$12.30	$12.80	81	28
4,732	2,437	$2.09	$2.20	28.26%	$560.00	—	$13.90	$14.65	162	55
441	828	$1.57	$1.69	28.17%	$562.50	—	$16.15	$17.05	47	0
1,943	2,008	$1.18	$1.27	28.13%	$565.00	—	$17.75	$19.35	28	0
349	174	$0.86	$0.95	28.09%	$567.50	—	$19.75	$22.55	24	0
1,754	5,151	$0.65	$0.70	28.24%	$570.00	—	$22.35	$24.30	24	15
376	294	$0.44	$0.52	28.15%	$572.50	—	$24.35	$27.10	1	0

Forward $547.70. The 25-delta put carries +2.96 volatility points over the 25-delta call.

2026-11-16(7 days)ATM 24.71%±18.73skew +2.34

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
0	18	$25.30	$27.35	—	$522.50	29.07%	$1.18	$1.45	19	22
0	39	$23.05	$25.10	—	$525.00	28.59%	$1.46	$1.71	23	311
12	3	$20.85	$23.10	—	$527.50	28.22%	$1.73	$2.12	2	27
17	48	$18.70	$20.50	—	$530.00	27.49%	$2.06	$2.45	109	56
4	24	$16.65	$18.45	—	$532.50	27.09%	$2.50	$2.93	12	12
14	32	$14.70	$16.80	—	$535.00	27.07%	$3.05	$3.65	36	35
9	20	$12.80	$14.80	—	$537.50	26.34%	$3.65	$4.15	36	11
128	105	$11.25	$12.50	—	$540.00	26.27%	$4.35	$5.10	31	165
139	14	$9.70	$11.35	—	$542.50	25.89%	$5.10	$6.05	11	143
102	72	$8.90	$9.50	—	$545.00	25.12%	$6.05	$6.80	38	83
33	5	$6.90	$7.95	24.69%	$547.50	—	$7.05	$7.95	3	5
188	123	$5.90	$6.90	25.15%	$550.00	—	$8.25	$9.00	18	22
63	70	$4.75	$5.60	24.50%	$552.50	—	$9.60	$10.65	15	0
88	37	$3.85	$4.75	24.59%	$555.00	—	$11.15	$12.20	7	0
57	10	$3.15	$3.95	24.72%	$557.50	—	$12.80	$13.95	1	0
70	36	$2.66	$3.10	24.73%	$560.00	—	$14.45	$15.75	7	42
35	0	$1.92	$2.45	24.17%	$562.50	—	$16.40	$17.70	1	0
212	68	$1.62	$1.92	24.41%	$565.00	—	$18.40	$19.80	52	0
11	6	$1.16	$1.51	24.14%	$567.50	—	$20.45	$22.20	0	13
86	234	$0.83	$1.15	23.88%	$570.00	—	—	—	—	—
11	5	$0.56	$0.88	23.64%	$572.50	—	—	—	—	—

Forward $547.42. The 25-delta put carries +2.34 volatility points over the 25-delta call.

2026-11-18(9 days)ATM 26.37%±22.67skew +3.44

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
0	6	$28.45	$30.85	—	$520.00	30.71%	$1.72	$2.03	461	323
24	0	$26.25	$28.55	—	$522.50	29.98%	$1.90	$2.35	13	60
1	22	$24.10	$26.40	—	$525.00	29.90%	$2.35	$2.76	17	35
0	6	$22.00	$24.25	—	$527.50	29.41%	$2.65	$3.25	1	31
42	28	$20.00	$22.20	—	$530.00	29.20%	$3.25	$3.70	69	14
1	13	$18.05	$19.90	—	$532.50	28.64%	$3.75	$4.20	53	3
8	107	$16.15	$17.95	—	$535.00	28.28%	$4.35	$4.85	48	10
6	5	$14.60	$16.40	—	$537.50	27.89%	$5.05	$5.55	26	3
100	50	$12.95	$14.35	—	$540.00	27.55%	$5.75	$6.45	82	29
30	16	$11.35	$12.70	—	$542.50	27.15%	$6.65	$7.30	4	43
29	58	$10.30	$11.35	—	$545.00	26.75%	$7.55	$8.35	52	23
3	12	$8.40	$9.70	—	$547.50	—	$8.65	$9.45	47	4
29	56	$7.25	$8.35	26.19%	$550.00	—	$9.85	$10.70	18	0
21	20	$6.25	$7.15	26.08%	$552.50	—	$11.10	$12.10	5	0
11	38	$5.30	$6.10	25.95%	$555.00	—	$12.25	$13.50	6	0
19	24	$4.35	$5.15	25.64%	$557.50	—	$13.75	$15.15	20	0
50	25	$3.60	$4.30	25.46%	$560.00	—	$15.65	$16.85	2	2
2	3	$2.85	$3.60	25.20%	$562.50	—	—	—	—	—
30	39	$2.37	$2.93	25.14%	$565.00	—	$19.30	$21.35	5	0
147	2	$1.94	$2.40	25.13%	$567.50	—	—	—	—	—
54	87	$1.59	$1.92	25.09%	$570.00	—	$23.00	$25.55	0	2

Forward $547.50. The 25-delta put carries +3.44 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 28.43%±27.01skew +4.09

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
12	73	$31.85	$33.40	—	$517.50	32.01%	$2.33	$2.53	415	29
161	6,035	$29.45	$31.05	—	$520.00	31.67%	$2.69	$2.88	4,784	303
35	333	$27.55	$28.60	—	$522.50	31.49%	$3.10	$3.35	372	143
130	3,797	$25.35	$26.85	—	$525.00	31.23%	$3.55	$3.85	3,756	336
16	2,300	$23.50	$24.60	—	$527.50	30.69%	$4.05	$4.25	2,429	331
307	7,786	$21.55	$22.60	—	$530.00	30.47%	$4.60	$4.90	3,537	1,651
83	536	$19.75	$20.65	—	$532.50	30.04%	$5.20	$5.50	593	123
252	18,020	$18.25	$18.75	—	$535.00	29.72%	$5.90	$6.20	3,439	567
101	653	$16.55	$17.00	—	$537.50	29.53%	$6.70	$7.05	330	132
777	8,463	$14.90	$15.35	—	$540.00	29.33%	$7.60	$7.95	2,608	395
124	678	$13.30	$13.80	—	$542.50	28.97%	$8.50	$8.90	195	401
790	6,202	$12.00	$12.25	—	$545.00	28.79%	$9.55	$10.00	764	237
205	462	$10.50	$10.85	28.49%	$547.50	—	$10.70	$11.10	139	80
1,611	12,624	$9.25	$9.50	28.15%	$550.00	—	$11.90	$12.35	2,176	166
114	544	$7.95	$8.35	27.75%	$552.50	—	$13.00	$13.75	450	28
603	7,634	$7.10	$7.30	27.85%	$555.00	—	$14.65	$15.10	557	3
60	—	$5.90	$6.25	27.20%	$557.50	—	$16.10	$16.95	—	2
1,480	16,039	$5.05	$5.40	27.07%	$560.00	—	$17.85	$18.20	167	152
866	5,125	$3.60	$3.85	26.60%	$565.00	—	$20.85	$23.05	90	10
1,485	12,682	$2.55	$2.69	26.38%	$570.00	—	$24.65	$26.35	508	41
1,489	11,297	$1.71	$1.85	26.13%	$575.00	—	$28.60	$31.25	118	7

Forward $547.27. The 25-delta put carries +4.09 volatility points over the 25-delta call.

2026-11-23(14 days)ATM 26.63%±28.52skew +4.29

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
0	—	$52.45	$54.80	—	$495.00	34.47%	$0.95	$1.22	—	14
0	—	$47.70	$50.15	—	$500.00	33.25%	$1.16	$1.47	—	2
0	—	$43.15	$45.55	—	$505.00	32.39%	$1.53	$1.80	—	23
5	—	$38.35	$40.40	—	$510.00	31.32%	$1.79	$2.33	—	25
0	—	$33.85	$36.25	—	$515.00	30.49%	$2.39	$2.83	—	6
7	—	$29.55	$31.45	—	$520.00	29.84%	$3.10	$3.60	—	25
1	—	$25.40	$27.60	—	$525.00	29.20%	$3.95	$4.60	—	18
3	—	$21.50	$23.60	—	$530.00	28.60%	$5.10	$5.75	—	8
0	—	$17.85	$20.00	—	$535.00	27.80%	$6.35	$7.15	—	2
31	—	$14.55	$16.40	—	$540.00	27.37%	$8.05	$8.95	—	37
17	—	$11.55	$13.15	—	$545.00	26.77%	$10.00	$11.00	—	4
18	—	$9.35	$10.35	26.54%	$550.00	—	$12.20	$13.40	—	2
27	—	$7.50	$8.00	26.43%	$555.00	—	$14.75	$16.50	—	1
21	—	$5.30	$6.05	25.52%	$560.00	—	$17.75	$20.10	—	2
6	—	$3.65	$4.50	24.91%	$565.00	—	$21.20	$23.10	—	1
29	—	$2.60	$3.25	24.69%	$570.00	—	$24.90	$27.05	—	2
16	—	$1.70	$2.30	24.31%	$575.00	—	$28.95	$31.10	—	0
11	—	$1.25	$1.74	24.80%	$580.00	—	$33.25	$35.55	—	0
1	—	$0.82	$1.10	24.37%	$585.00	—	$37.75	$40.40	—	0
0	—	$0.55	$0.77	24.51%	$590.00	—	$42.65	$45.40	—	0
0	—	$0.36	$0.54	24.68%	$595.00	—	$47.35	$50.35	—	4

Forward $546.85. The 25-delta put carries +4.29 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 25.72%±31.27skew +3.97

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
0	—	$32.45	$34.70	—	$517.50	29.08%	$3.45	$3.80	—	54
0	223	$30.35	$32.45	—	$520.00	28.63%	$3.85	$4.15	406	70
0	—	$28.30	$30.25	—	$522.50	28.43%	$4.30	$4.70	—	4
8	400	$26.40	$28.20	—	$525.00	27.90%	$4.75	$5.10	339	75
6	—	$24.35	$26.30	—	$527.50	27.83%	$5.35	$5.80	—	56
21	1,603	$23.05	$24.10	—	$530.00	27.42%	$5.95	$6.35	389	60
7	—	$21.60	$22.40	—	$532.50	27.24%	$6.60	$7.15	—	5
67	326	$19.80	$20.75	—	$535.00	26.97%	$7.40	$7.85	1,454	12
8	—	$18.15	$19.35	—	$537.50	26.78%	$8.15	$8.80	—	0
99	816	$16.40	$17.15	—	$540.00	26.65%	$9.10	$9.75	391	7
173	—	$15.00	$15.60	—	$542.50	26.26%	$10.05	$10.60	—	13
234	280	$13.60	$14.15	—	$545.00	25.98%	$11.05	$11.65	65	38
70	—	$12.20	$12.75	25.80%	$547.50	—	$12.20	$12.80	—	4
172	1,556	$10.95	$11.40	25.55%	$550.00	—	$13.30	$14.05	145	150
18	—	$9.70	$10.20	25.29%	$552.50	—	$14.55	$15.35	—	5
587	559	$8.60	$9.05	25.06%	$555.00	—	$16.00	$16.65	78	44
27	—	$7.55	$8.05	24.88%	$557.50	—	$17.40	$18.50	—	0
159	1,048	$6.75	$7.05	24.80%	$560.00	—	$19.05	$19.70	91	7
171	707	$4.90	$5.40	24.22%	$565.00	—	$21.70	$23.60	15	0
207	1,597	$3.60	$4.05	23.92%	$570.00	—	$25.55	$27.35	180	1
110	946	$2.78	$3.05	24.09%	$575.00	—	$29.85	$31.45	40	20

Forward $547.47. The 25-delta put carries +3.97 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 25.70%±36.83skew +3.53

Calls					Strike	Puts
Volume	Open int	Bid	Ask	IV		IV	Bid	Ask	Open int	Volume
3	66	$49.40	$51.20	—	$500.00	30.75%	$2.56	$2.85	529	75
5	84	$44.90	$46.75	—	$505.00	30.02%	$3.05	$3.40	138	60
6	23	$40.55	$42.50	—	$510.00	29.18%	$3.65	$3.95	130	70
16	137	$36.30	$38.30	—	$515.00	28.58%	$4.40	$4.75	123	76
11	88	$32.20	$34.15	—	$520.00	28.06%	$5.35	$5.70	255	31
2	783	$28.30	$30.20	—	$525.00	27.45%	$6.40	$6.80	119	21
86	376	$25.35	$26.20	—	$530.00	27.03%	$7.70	$8.20	252	48
76	163	$21.25	$22.75	—	$535.00	26.39%	$9.25	$9.55	188	50
48	226	$18.30	$19.60	—	$540.00	25.89%	$10.95	$11.35	191	66
151	253	$15.45	$16.45	—	$545.00	25.92%	$13.00	$13.90	107	111
118	1,099	$13.20	$13.80	25.61%	$550.00	—	$15.35	$16.30	390	393
31	448	$10.75	$11.45	25.20%	$555.00	—	$17.85	$19.00	32	58
210	619	$8.70	$9.30	24.83%	$560.00	—	$20.50	$21.95	40	58
169	659	$7.05	$7.50	24.67%	$565.00	—	$23.65	$25.30	29	8
477	815	$5.70	$5.95	24.55%	$570.00	—	$27.10	$28.85	85	0
424	379	$4.15	$4.60	23.92%	$575.00	—	$30.70	$32.75	34	0
78	796	$3.15	$3.60	23.78%	$580.00	—	$34.80	$36.75	9	0
82	435	$2.42	$2.81	23.80%	$585.00	—	$39.00	$41.05	3	0
32	5,173	$1.80	$2.13	23.68%	$590.00	—	$43.55	$45.75	12	0
5	797	$1.41	$1.60	23.78%	$595.00	—	—	—	—	—
175	5,431	$1.02	$1.22	23.76%	$600.00	—	—	—	—	—

Forward $547.67. The 25-delta put carries +3.53 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.