Options Skew Analytics

NOK option chain

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

Data as of 25 September 2026 (end of day)

2026-10-02(7 days)ATM 51.94%±0.75skew -3.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$4.90$5.95—$5.00—————
06$4.30$5.50—$5.50—————
2413$4.30$4.40—$6.00—————
017$3.40$4.00—$6.50—————
01$2.80$4.00—$7.00—————
01$2.30$3.50—$7.50—————
0248$2.34$2.58—$8.00—————
3016$1.82$1.91—$8.50—————
19101$1.33$1.42—$9.0060.74%$0.01$0.021,45540
56374$0.85$0.93—$9.5050.95%$0.03$0.043,89057
1,6871,489$0.49$0.52—$10.0049.75%$0.12$0.141,6393,876
4,9234,747$0.24$0.2552.27%$10.50—$0.35$0.382,734629
2,2497,995$0.09$0.1052.83%$11.00—$0.70$0.771,40298
2632,902$0.03$0.0455.27%$11.50—$1.12$1.22983
1,5495,297$0.01$0.0363.34%$12.00—$1.59$1.768712
—————$12.50—$2.08$2.20923
—————$13.00—$2.61$2.7024019
—————$13.50—$3.10$3.2054
—————$14.00—$3.55$3.70310
—————$14.50—$4.05$4.2550
—————$15.00—$4.60$4.7040

Forward $10.38. The 25-delta put carries -3.07 volatility points over the 25-delta call.

2026-10-09(14 days)ATM 50.82%±1.03skew -1.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
13$5.70$6.45—$4.00—————
29$4.85$5.45—$5.00—————
01$4.35$5.55—$5.50—————
15$4.30$4.60—$6.00—————
03$2.35$3.55—$7.50—————
05$2.33$2.48—$8.0071.13%$0.01$0.02537
027$1.84$1.96—$8.5060.05%$0.01$0.033521
1245$1.36$1.47—$9.0051.79%$0.03$0.0457813
7397$0.94$1.00—$9.5050.82%$0.09$0.1148069
47678$0.60$0.63—$10.0050.07%$0.22$0.251,04469
703892$0.35$0.3750.96%$10.50—$0.46$0.491,14522
1441,848$0.19$0.2052.17%$11.00—$0.80$0.835012
6543,590$0.10$0.1154.42%$11.50—$1.21$1.271054
611,079$0.05$0.0757.74%$12.00—$1.66$1.73869
941,408$0.03$0.0460.88%$12.50—$2.14$2.22519
4552$0.03$0.0470.55%$13.00—$2.63$2.71498
61156$0.01$0.0371.77%$13.50—$3.05$3.2050
—————$14.00—$3.55$3.7070
—————$14.50—$4.10$4.2032
—————$15.00—$4.55$4.7520
—————$15.50—$5.05$5.2040

Forward $10.38. The 25-delta put carries -1.35 volatility points over the 25-delta call.

2026-10-16(21 days)ATM 52.38%±1.30skew -4.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$5.80$7.20—$4.00—————
0235$5.15$5.70—$5.00—————
01$4.45$5.40—$5.50—————
0115$4.30$4.70—$6.00—————
1714$3.30$3.45—$7.00—————
52,211$2.35$2.40—$8.0057.99%$0.01$0.0217,1767
55$1.82$1.94—$8.5055.00%$0.02$0.05109
202,163$1.41$1.48—$9.0051.88%$0.07$0.0819,32146
3278$1.01$1.07—$9.5050.16%$0.15$0.174,75831
29831,275$0.70$0.73—$10.0051.08%$0.32$0.3424,590794
2,41114,033$0.45$0.4852.49%$10.50—$0.56$0.611,56786
1,85933,579$0.29$0.3053.94%$11.00—$0.89$0.9242,34075
332,754$0.17$0.1955.03%$11.50—$1.28$1.342702
53457,789$0.10$0.1155.73%$12.00—$1.71$1.763,9737
126181$0.06$0.0858.77%$12.50—$2.17$2.231003
75723,009$0.04$0.0560.88%$13.00—$2.64$2.7110,37153
01,016$0.03$0.0465.08%$13.50—$3.05$3.2003
1,26313,308$0.02$0.0367.71%$14.00—$3.55$3.703,6783
215$0.01$0.0268.15%$14.50—————
4119,475$0.01$0.0273.79%$15.00—$4.60$4.756,4765
17017,410$0.01$0.0284.31%$16.00—$5.55$5.802640

Forward $10.38. The 25-delta put carries -4.87 volatility points over the 25-delta call.

2026-10-23(28 days)ATM 63.93%±1.84skew -4.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$6.95$8.00—$3.00—————
21$5.95$7.10—$4.00—————
02$4.95$6.65—$5.00—————
03$4.35$6.20—$5.50—————
02$3.95$5.70—$6.00—————
011$2.39$2.52—$8.0065.66%$0.05$0.06595
017$1.95$2.14—$8.5062.98%$0.09$0.1150510
528$1.54$1.64—$9.0062.74%$0.18$0.203,55027
10471$1.19$1.31—$9.5062.84%$0.32$0.341,425912
1891,059$0.91$0.94—$10.0063.42%$0.52$0.54875208
54398$0.67$0.7063.84%$10.50—$0.77$0.803,4722
2672,475$0.49$0.5164.77%$11.00—$1.09$1.123375
12444$0.35$0.3765.67%$11.50—$1.44$1.48660
4181,700$0.25$0.2766.94%$12.00—$1.80$1.91375
200406$0.18$0.2068.53%$12.50—$2.22$2.3432
551,555$0.13$0.1469.41%$13.00—$2.71$2.793864
8345$0.10$0.1172.00%$13.50—$3.05$3.3060
40471$0.07$0.0872.78%$14.00—$3.50$3.75210
0626$0.06$0.0776.60%$14.50—$3.90$4.2520
193,089$0.04$0.0678.14%$15.00—————
—————$16.00—$5.30$5.9031

Forward $10.40. The 25-delta put carries -4.10 volatility points over the 25-delta call.

2026-10-30(35 days)ATM 59.07%±1.92skew +0.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
296$8.65$9.65—$1.00—————
10$7.70$9.30—$2.00—————
032$6.70$8.65—$3.00—————
01$4.35$6.20—$5.50—————
01$3.30$3.55—$7.00—————
010$2.35$3.55—$7.50—————
031$2.04$2.99—$8.0063.53%$0.05$0.09492
012$1.75$2.42—$8.5062.56%$0.12$0.1418714
31123$1.57$1.66—$9.0062.98%$0.22$0.2579023
4126$1.23$1.33—$9.5063.73%$0.38$0.4042864
29332$0.96$1.00—$10.0065.20%$0.59$0.6250020
41373$0.72$0.7758.77%$10.50—$0.65$0.893771
1,257751$0.55$0.5860.60%$11.00—$1.16$1.21914
8222$0.41$0.4462.16%$11.50—$1.51$1.762260
601,572$0.29$0.3362.80%$12.00—$1.87$1.99710
85160$0.22$0.2464.04%$12.50—$2.27$2.45340
9625$0.17$0.1966.38%$13.00—$2.74$2.8581
2100$0.13$0.1467.57%$13.50—————
26963$0.10$0.1169.29%$14.00—$3.05$4.251950
0148$0.07$0.1071.47%$14.50—————
30285$0.05$0.0771.32%$15.00—$4.05$5.2510

Forward $10.47. The 25-delta put carries +0.94 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 61.13%±2.49skew -4.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
377$9.10$9.45—$1.00—————
09$7.90$9.20—$2.00—————
011$6.95$7.90—$3.00—————
01$6.15$6.70—$4.00—————
055$4.95$5.90—$5.00—————
0150$4.30$4.50—$6.0071.31%$0.01$0.031,48340
0193$3.35$3.55—$7.0063.61%$0.04$0.067,5035
12906$2.49$2.60—$8.0060.58%$0.14$0.1516,2436
1611,916$1.72$1.79—$9.0059.61%$0.36$0.3711,77324
8322,337$1.15$1.18—$10.0060.23%$0.75$0.7812,87461
98026,489$0.74$0.7661.52%$11.00—$1.33$1.366,42029
34819,767$0.46$0.4862.57%$12.00—$2.05$2.083,7401
1926,404$0.29$0.3164.39%$13.00—$2.86$2.942,7394
3616,462$0.19$0.2066.32%$14.00—$3.70$3.856313
7614,478$0.13$0.1468.99%$15.00—$4.65$4.802167
3362,037$0.09$0.1071.35%$16.00—$5.60$5.75580
24,521$0.06$0.0873.91%$17.00—$6.60$6.751260
1561,521$0.04$0.0675.60%$18.00—$7.55$7.75970
3316$0.03$0.0578.41%$19.00—$8.55$8.75100
586,212$0.02$0.0581.93%$20.00—$9.55$9.75500
0421$0.01$0.0584.82%$21.00—$10.55$10.7520

Forward $10.40. The 25-delta put carries -4.77 volatility points over the 25-delta call.

2026-12-18(84 days)ATM 59.13%±2.97skew -3.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
054$8.95$9.90—$1.00—————
017$8.15$8.70—$2.00—————
015$6.70$7.95—$3.00—————
082$6.15$6.65—$4.00—————
0509$5.30$5.50—$5.0078.39%$0.01$0.041,0390
0206$4.35$4.55—$6.0066.18%$0.02$0.063,35830
32,162$3.45$3.60—$7.0059.99%$0.08$0.106,1650
15920$2.61$2.72—$8.0058.52%$0.22$0.2413,25715
201,839$1.90$1.98—$9.0058.62%$0.49$0.5232,432131
1229,427$1.35$1.38—$10.0058.27%$0.91$0.9218,9042,158
75225,448$0.94$0.9659.27%$11.00—$1.49$1.549,4327
18740,495$0.65$0.6760.58%$12.00—$2.20$2.2413,4750
1,45916,067$0.44$0.4761.63%$13.00—$3.00$3.1010,76926
1010,250$0.31$0.3363.05%$14.00—$3.85$3.953,3813
7522,477$0.23$0.2565.45%$15.00—$4.75$4.852,0507
22915,165$0.16$0.1866.35%$16.00—$5.65$5.859930
636,701$0.12$0.1468.27%$17.00—$6.60$6.801,6790
4811,303$0.10$0.1271.33%$18.00—$7.60$7.752580
144,939$0.08$0.1073.47%$19.00—$8.60$8.75190
126,875$0.06$0.0874.60%$20.00—$9.55$9.754610
023,401$0.05$0.0877.85%$21.00—$10.55$10.751590

Forward $10.45. The 25-delta put carries -3.02 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 58.83%±3.42skew -4.62
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0302$8.00$8.75—$2.00—————
0121$7.35$8.70—$2.50—————
0809$6.95$7.95—$3.00—————
0941$6.30$7.65—$3.5090.69%$0.01$0.023,1320
01,204$6.25$6.80—$4.0083.73%$0.01$0.032,3120
02,567$5.75$6.45—$4.5074.23%$0.01$0.038,6840
05,907$5.35$5.55—$5.0073.81%$0.03$0.052,4220
57,679$4.90$5.05—$5.5066.78%$0.03$0.069,7861
725,776$3.50$3.65—$7.0059.25%$0.13$0.1611,8491
12,893$2.73$2.83—$8.0057.12%$0.29$0.336,5220
1031,601$2.05$2.12—$9.0057.20%$0.60$0.639,5651,400
14271,908$1.51$1.56—$10.0057.72%$1.05$1.0731,2141,025
2,29931,501$1.11$1.1558.78%$11.00—$1.63$1.6534,02410
1,63427,430$0.81$0.8459.63%$12.00—$2.31$2.368,0580
1,10317,494$0.59$0.6060.12%$13.00—$3.10$3.2027,59612
16225,982$0.44$0.4661.81%$14.00—$3.95$4.057,6850
44174,712$0.34$0.3563.42%$15.00—$4.80$4.9529,4190
4015,182$0.25$0.2864.72%$16.00—$5.75$5.903,2800
619,921$0.20$0.2266.30%$17.00—$6.70$6.851,7740
3315,170$0.15$0.1867.44%$18.00—$7.65$7.807010
306,412$0.14$0.1570.06%$19.00—$8.60$8.751,2560

Forward $10.48. The 25-delta put carries -4.62 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.