Options Skew Analytics

NU option chain

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

Data as of 10 November 2026 (end of day)

2026-11-13(3 days)ATM 96.01%±1.05skew +0.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
17063$4.95$5.10—$7.00—————
843$4.35$5.00—$7.50—————
19989$3.85$4.15—$8.00—————
95$3.35$3.70—$8.50—————
9145$2.86$3.20—$9.00—————
1513$2.36$2.72—$9.50—————
56134$1.90$2.19—$10.00—————
1103$1.41$1.62—$10.5092.01%$0.01$0.031,6621,333
122384$1.05$1.18—$11.0094.67%$0.06$0.091,282547
19565$0.71$0.77—$11.5095.90%$0.17$0.222,1925,366
5983,396$0.41$0.46—$12.0096.06%$0.38$0.4210,3312,782
3,0428,739$0.22$0.2495.26%$12.50—$0.68$0.791,814186
2,07118,655$0.10$0.1295.34%$13.00—$1.02$1.244448
1141,427$0.04$0.0696.84%$13.50—$1.41$1.692273
3265,558$0.02$0.03101.49%$14.00—$1.95$2.1943411
2691,298$0.01$0.03114.71%$14.50—$2.38$2.72222
—————$15.00—$2.85$3.206340
—————$15.50—$3.30$3.80111
—————$16.00—$3.90$4.2080
—————$16.50—$4.35$4.7016
—————$17.00—$4.70$5.2505

Forward $12.04. The 25-delta put carries +0.57 volatility points over the 25-delta call.

2026-11-20(10 days)ATM 64.24%±1.28skew +1.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$6.85$7.30—$5.00—————
413$5.85$6.10—$6.00—————
22$3.95$4.15—$8.00—————
1344$2.95$3.15—$9.00—————
320$2.46$2.61—$9.50—————
31316$1.97$2.16—$10.0070.58%$0.02$0.044,44235
139$1.52$1.66—$10.5065.79%$0.05$0.075556
10911$1.11$1.22—$11.0064.70%$0.12$0.1525,44481
34598$0.79$0.85—$11.5064.76%$0.25$0.309,46698
5357,158$0.52$0.55—$12.0064.28%$0.46$0.5124,72289
6,8424,987$0.31$0.3464.14%$12.50—$0.75$0.791,38591
45317,825$0.16$0.2063.38%$13.00—$1.10$1.1779,810105
531,890$0.07$0.1162.36%$13.50—$1.46$1.625,6682
83395,594$0.04$0.0562.83%$14.00—$1.96$2.0869,232431
3028,030$0.01$0.0465.15%$14.50—$2.42$2.601,6620
—————$15.00—$2.87$3.055,28516
—————$15.50—$3.40$3.6510
—————$16.00—$3.90$4.151420
—————$16.50—$4.40$4.6510
—————$19.00—$6.90$7.1501
—————$20.00—$7.90$8.1001

Forward $12.05. The 25-delta put carries +1.38 volatility points over the 25-delta call.

2026-11-27(17 days)ATM 54.87%±1.43skew -0.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
34$6.85$7.15—$5.00—————
02$4.85$5.30—$7.00—————
05$3.85$4.30—$8.00—————
054$2.80$3.30—$9.00—————
20$2.37$2.71—$9.50—————
282$1.94$2.26—$10.0057.36%$0.02$0.061,3831
03$1.47$1.81—$10.5055.46%$0.07$0.1028554
147$1.14$1.27—$11.0054.15%$0.15$0.191,2058
9182$0.84$0.92—$11.5053.50%$0.29$0.3462712
56391$0.55$0.62—$12.0054.97%$0.50$0.6086954
741,236$0.34$0.4054.33%$12.50—$0.79$0.8935232
191870$0.20$0.2554.41%$13.00—$1.14$1.221940
111207$0.12$0.1454.47%$13.50—$1.46$1.711390
11485$0.05$0.0954.21%$14.00—$1.93$2.092950
6342$0.02$0.0553.75%$14.50—$2.31$2.651441
0532$0.01$0.0355.14%$15.00—$2.74$3.15530
—————$15.50—$3.25$3.6540

Forward $12.04. The 25-delta put carries -0.26 volatility points over the 25-delta call.

2026-12-04(24 days)ATM 52.21%±1.61skew +1.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
31$4.85$5.25—$7.00—————
04$3.00$4.30—$8.00—————
418$2.83$3.15—$9.00—————
352$1.83$2.32—$10.0055.57%$0.05$0.09500
114$1.52$2.00—$10.5053.09%$0.11$0.142421
127$1.25$1.35—$11.0052.46%$0.22$0.2445968
5108$0.89$0.98—$11.5052.04%$0.35$0.4363314
89680$0.63$0.70—$12.0052.40%$0.57$0.673711
176803$0.40$0.4851.27%$12.50—$0.84$0.951081
661,170$0.24$0.3150.30%$13.00—$1.17$1.29765
687$0.14$0.2150.93%$13.50—$1.44$1.81230
33171$0.09$0.1251.00%$14.00—$1.98$2.28200
33178$0.04$0.0850.88%$14.50—$2.32$2.68201
—————$15.00—$2.89$3.15120
—————$15.50—$3.25$3.6510
—————$20.50—$8.10$10.0502
—————$22.00—$9.50$10.3003
—————$23.00—$10.60$11.7504
—————$24.00—$11.55$12.3501
—————$25.00—$12.45$13.6501
—————$26.00—$13.45$14.1502

Forward $12.05. The 25-delta put carries +1.53 volatility points over the 25-delta call.

2026-12-11(31 days)ATM 50.79%±1.79skew +2.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
40$3.20$5.20—$7.00—————
010$3.75$4.40—$8.00—————
—————$9.5055.89%$0.03$0.081321
50$2.01$2.35—$10.0053.46%$0.07$0.12231
02$1.52$1.93—$10.5053.04%$0.15$0.20695
019$1.29$1.41—$11.0051.59%$0.27$0.301,31864
5142$0.95$1.08—$11.5052.04%$0.43$0.5010036
315$0.70$0.79—$12.0051.31%$0.65$0.7213216
173401$0.46$0.5750.15%$12.50—$0.91$1.01231
10278$0.32$0.3950.33%$13.00—$1.24$1.34112
11706$0.20$0.2448.82%$13.50—$1.61$1.71180
8370$0.12$0.1749.43%$14.00—$1.87$2.24714
2348$0.07$0.1250.13%$14.50—$2.24$2.71190
22$0.04$0.0850.48%$15.00—$2.68$3.2060

Forward $12.06. The 25-delta put carries +2.77 volatility points over the 25-delta call.

2026-12-18(38 days)ATM 50.48%±1.97skew +1.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$10.55$11.40—$1.00—————
09$9.60$10.40—$2.00—————
15$8.75$9.40—$3.00—————
02$6.75$7.40—$5.00—————
11$5.95$6.20—$6.00—————
111$4.95$5.20—$7.0080.31%$0.01$0.025706
0213$3.95$4.20—$8.0065.51%$0.01$0.031,2880
11969$3.00$3.20—$9.0057.22%$0.03$0.061,3214
21,808$2.12$2.26—$10.0053.41%$0.12$0.148,82339
1461,315$1.37$1.45—$11.0051.06%$0.32$0.3525,965409
11,26314,168$0.80$0.84—$12.0050.55%$0.72$0.7625,052264
2,87031,494$0.42$0.4450.25%$13.00—$1.28$1.388,399169
41128,496$0.19$0.2149.63%$14.00—$2.09$2.157,9544
3717,138$0.07$0.1049.30%$15.00—$2.85$3.157,7412
610,673$0.03$0.0449.54%$16.00—$3.90$4.152,6910
528,471$0.01$0.0250.43%$17.00—$4.65$5.2030
081,286$0.01$0.0257.34%$18.00—————
—————$27.00—$14.60$15.1501

Forward $12.08. The 25-delta put carries +1.43 volatility points over the 25-delta call.

2026-12-24(44 days)ATM 49.89%±2.09skew +1.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
30$2.04$2.54—$10.00—————
—————$10.5049.45%$0.18$0.271091
7247$1.30$1.70—$11.0050.68%$0.34$0.42105150
—————$11.5049.88%$0.50$0.61792
9138$0.79$0.94—$12.0049.90%$0.74$0.841552
12616$0.42$0.5349.72%$13.00—$1.28$1.4901
—————$13.50—$1.49$2.1210
1424$0.19$0.2849.14%$14.00—————
2312$0.10$0.1550.88%$15.00—————

Forward $12.08. The 25-delta put carries +1.54 volatility points over the 25-delta call.

2027-01-15(66 days)ATM 46.79%±2.41skew +1.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$10.75$11.40—$1.00—————
04$9.85$10.40—$2.00—————
0662$8.65$9.30—$3.00—————
07$7.85$8.40—$4.00—————
0204$6.90$7.40—$5.00—————
053$5.95$6.20—$6.0076.69%$0.01$0.02430
2487$5.00$5.20—$7.0064.07%$0.01$0.031000
13,366$4.00$4.20—$8.0056.66%$0.03$0.054,5132
0154$3.10$3.25—$9.0050.79%$0.07$0.105,5770
98,882$2.26$2.38—$10.0048.84%$0.20$0.2340,218219
881,704$1.55$1.64—$11.0047.91%$0.46$0.4939,107169
12,19217,696$1.00$1.04—$12.0047.02%$0.87$0.9151,55884
1,20421,759$0.59$0.6346.49%$13.00—$1.45$1.515,54653
7911,585$0.33$0.3646.24%$14.00—$2.16$2.2617,6891
38373,100$0.17$0.2046.05%$15.00—$3.00$3.1559,2832
29917,797$0.08$0.1145.93%$16.00—$3.90$4.151,0680
3360,593$0.05$0.0647.28%$17.00—$4.75$5.157,3090
016,877$0.03$0.0449.20%$18.00—————
042,923$0.01$0.0349.98%$19.00—————
558,007$0.01$0.0354.64%$20.00—$7.65$8.201,0000

Forward $12.13. The 25-delta put carries +1.67 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.