Options Skew Analytics

NU 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 36.22%±0.68skew +2.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
050$8.35$8.90—$5.00—————
4115$6.45$6.75—$7.00—————
082$5.35$7.60—$8.00—————
255$4.75$7.10—$8.50—————
238$4.35$6.60—$9.00—————
118$3.75$6.10—$9.50—————
29$3.40$4.55—$10.00—————
12$3.00$3.95—$10.50—————
17$2.51$3.45—$11.00—————
07$1.50$2.49—$12.00—————
4767$1.04$1.19—$12.5042.20%$0.01$0.042,36348
3590$0.58$0.73—$13.0038.02%$0.07$0.083,392148
267291$0.31$0.35—$13.5036.67%$0.21$0.241,388314
2,2813,118$0.11$0.1235.08%$14.00—$0.50$0.581,234102
5675,901$0.03$0.0537.86%$14.50—$0.91$1.0326047
322,747$0.01$0.0343.94%$15.00—$1.39$1.492464
—————$16.00—$2.25$2.6491
—————$16.50—$2.71$3.2001
—————$17.00—$3.30$3.5021
—————$17.50—$3.80$4.0520
—————$18.50—$4.75$5.1020

Forward $13.61. The 25-delta put carries +2.94 volatility points over the 25-delta call.

2026-10-09(14 days)ATM 46.60%±1.25skew +2.82
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$8.35$8.70—$5.00—————
0292$6.40$6.75—$7.00—————
0291$5.40$5.95—$8.00—————
229$4.40$4.75—$9.00—————
020$3.90$5.00—$9.50—————
024$3.45$3.75—$10.00—————
042$2.92$3.70—$10.50—————
02$2.50$2.76—$11.00—————
111$1.59$1.86—$12.00—————
—————$12.5048.62%$0.11$0.13246619
353$0.78$0.92—$13.0048.41%$0.23$0.262,28678
8717$0.52$0.65—$13.5048.11%$0.42$0.461,897198
55513$0.30$0.3444.19%$14.00—$0.70$0.7480553
1423,919$0.17$0.2045.58%$14.50—$1.05$1.2191834
5542,449$0.09$0.1146.44%$15.00—$1.46$1.731564
5361,097$0.04$0.0747.98%$15.50—————
4606$0.02$0.0449.48%$16.00—$2.34$2.5660
—————$16.50—$2.80$4.05100
—————$19.50—$5.75$7.9510

Forward $13.65. The 25-delta put carries +2.82 volatility points over the 25-delta call.

2026-10-16(21 days)ATM 43.93%±1.43skew +1.69
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$5.20$5.90—$8.00—————
220$4.50$4.70—$9.00—————
—————$9.5073.33%$0.01$0.0230
11644$3.50$3.70—$10.0067.18%$0.01$0.033,4261
—————$10.5060.32%$0.01$0.0424
072$2.55$2.71—$11.0052.96%$0.02$0.041,0051
61$2.08$2.23—$11.5049.03%$0.04$0.0678610
2787$1.62$1.76—$12.0046.18%$0.08$0.1047,25977
80$1.22$1.32—$12.5045.31%$0.16$0.191,730229
253,307$0.89$0.95—$13.0044.34%$0.30$0.3236,808127
42255$0.61$0.64—$13.5043.93%$0.50$0.532,443149
28015,263$0.39$0.4243.94%$14.00—$0.77$0.8123,844105
1,4181,750$0.23$0.2643.61%$14.50—$1.08$1.212220
67448,468$0.14$0.1543.98%$15.00—$1.49$1.697,71131
81,163$0.08$0.1045.47%$15.50—————
25018,599$0.05$0.0646.75%$16.00—$2.31$2.542,2725
0874$0.03$0.0549.72%$16.50—————
4412,994$0.02$0.0452.61%$17.00—$3.35$3.551,69010
016$0.01$0.0354.10%$17.50—————
018,872$0.01$0.0359.00%$18.00—$4.25$4.7510
—————$20.00—$6.15$6.7002

Forward $13.61. The 25-delta put carries +1.69 volatility points over the 25-delta call.

2026-10-23(28 days)ATM 42.30%±1.60skew +1.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
254$5.50$6.05—$8.00—————
794$4.50$4.75—$9.00—————
087$3.90$4.65—$9.50—————
024$3.40$3.80—$10.00—————
023$2.93$3.85—$10.50—————
038$2.35$3.90—$11.00—————
—————$11.5045.39%$0.04$0.09845
012$1.43$2.10—$12.00—————
022$1.20$1.63—$12.5043.49%$0.19$0.25138788
1475$0.89$1.10—$13.0042.26%$0.33$0.3951725
4118$0.66$0.72—$13.5042.26%$0.54$0.617482
18207$0.45$0.4942.34%$14.00—$0.81$0.87990
11652$0.27$0.3341.86%$14.50—$1.12$1.25367
591,281$0.17$0.2142.19%$15.00—$1.44$1.83270
—————$15.50—$1.88$2.35111
20157$0.07$0.1145.80%$16.00—————
20338$0.03$0.0745.10%$16.50—————

Forward $13.62. The 25-delta put carries +1.30 volatility points over the 25-delta call.

2026-10-30(35 days)ATM 51.85%±2.19skew +0.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12$6.20$6.80—$7.00—————
04$4.30$5.95—$8.00—————
025$4.20$5.15—$9.00—————
09$3.45$3.85—$10.0057.62%$0.01$0.06816
—————$11.0052.92%$0.07$0.117326
—————$11.5052.97%$0.14$0.187512
06$1.76$2.01—$12.0051.84%$0.23$0.2720859
448$1.45$1.61—$12.5051.83%$0.36$0.4234033
020$1.14$1.26—$13.0052.18%$0.53$0.63769179
4538$0.87$0.98—$13.5051.81%$0.76$0.8576865
21,180$0.65$0.7651.91%$14.00—$1.02$1.1076641
8959$0.47$0.6152.78%$14.50—$1.30$1.462711
42886$0.35$0.4251.89%$15.00—$1.64$1.871740
25198$0.25$0.3051.75%$15.50—$2.05$2.31950
28237$0.17$0.2151.37%$16.00—$2.44$2.74120
0492$0.09$0.1253.48%$17.00—$3.30$3.7050
—————$18.50—$4.45$5.6010

Forward $13.62. The 25-delta put carries +0.08 volatility points over the 25-delta call.

2026-11-06(42 days)ATM 47.40%±2.20skew +1.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$4.65$7.60—$8.00—————
30$2.60$2.94—$11.0051.65%$0.09$0.1304
—————$11.5052.96%$0.16$0.2403
—————$12.0051.24%$0.23$0.3522
20$1.47$1.65—$12.5049.87%$0.38$0.45121
—————$13.0051.03%$0.54$0.701012
20$0.91$1.04—$13.5048.55%$0.76$0.85055
01$0.62$0.8347.23%$14.00—$1.02$1.2003
20$0.49$0.6348.24%$14.50—————
170$0.34$0.4446.76%$15.00—$1.67$1.87012
60$0.24$0.3648.16%$15.50—$1.93$2.4702
30$0.20$0.2850.17%$16.00—————
—————$20.00—$5.55$8.45—0
—————$21.00—$7.10$7.80—0
—————$22.00—$6.40$10.45—0
—————$23.00—$7.75$11.20—0

Forward $13.67. The 25-delta put carries +1.71 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 49.87%±2.67skew +1.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$8.55$11.85—$3.00—————
01$7.40$9.55—$5.00—————
010$7.50$7.75—$6.0098.44%$0.01$0.03723
—————$7.0084.28%$0.01$0.045880
11$5.55$5.80—$8.0073.07%$0.02$0.053240
015$4.60$4.80—$9.0061.71%$0.04$0.054310
2196$3.65$3.80—$10.0056.33%$0.08$0.103,4315
0164$2.78$2.92—$11.0053.31%$0.19$0.204,11720
201,536$2.01$2.11—$12.0051.51%$0.39$0.4110,177294
1281,086$1.39$1.43—$13.0050.58%$0.73$0.769,375124
14213,471$0.90$0.9349.87%$14.00—$1.23$1.2520,79588
2,41223,594$0.56$0.5950.08%$15.00—$1.88$1.933,789355
20,31121,550$0.34$0.3650.39%$16.00—$2.64$2.7010,6520
12137,152$0.20$0.2250.92%$17.00—$3.50$3.656510
7982,058$0.12$0.1452.06%$18.00—$4.40$4.55642
486,947$0.07$0.0953.03%$19.00—$5.35$5.5570
018,746$0.05$0.0755.93%$20.00—$6.35$6.5045720
01,342$0.03$0.0455.98%$21.00—————
0216$0.02$0.0459.38%$22.00—————
0131$0.01$0.0462.17%$23.00—————
01,082$0.01$0.0364.31%$24.00—————

Forward $13.67. The 25-delta put carries +1.12 volatility points over the 25-delta call.

2026-12-18(84 days)ATM 46.91%±3.08skew +1.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$9.10$11.95—$3.00—————
02$7.15$9.75—$5.0096.99%$0.01$0.033,0293
01$7.55$7.75—$6.0080.61%$0.01$0.03870
85$6.55$6.80—$7.0071.07%$0.02$0.045418
0216$5.60$5.80—$8.0062.64%$0.03$0.061,2390
0949$4.65$4.85—$9.0056.18%$0.06$0.092601
01,156$3.75$3.90—$10.0051.87%$0.13$0.154,3630
12381$2.88$3.05—$11.0049.50%$0.26$0.291,3960
21,012$2.16$2.25—$12.0047.77%$0.49$0.526,61717
13,102$1.56$1.61—$13.0047.03%$0.85$0.894,62010
5718,251$1.07$1.1146.92%$14.00—$1.36$1.405,408132
28,162$0.71$0.7346.36%$15.00—$1.99$2.036,8530
686,533$0.45$0.4846.22%$16.00—$2.72$2.841,2970
118,856$0.28$0.3246.56%$17.00—$3.50$3.857640
116,440$0.19$0.2247.86%$18.00—$4.45$4.60110
104,489$0.11$0.1548.08%$19.00—$5.30$5.654670
103,120$0.07$0.1149.28%$20.00—$6.30$6.601,0000
0543$0.05$0.0850.69%$21.00—$6.95$7.954660
01,311$0.03$0.0752.44%$22.00—————
026$0.02$0.0553.17%$23.00—————
0540$0.01$0.0457.17%$25.00—————

Forward $13.71. The 25-delta put carries +1.55 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.

NU option chain | Options Skew Analytics