Options Skew Analytics

NVDA option chain

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

Data as of 24 September 2026 (end of day)

2026-09-25(1 day)ATM 33.32%±3.90skew +1.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1133$26.00$26.30—$197.5091.68%$0.01$0.0217,3563,640
1961,041$23.55$23.80—$200.0083.32%$0.01$0.0214,1312,521
32353$21.05$21.30—$202.5075.00%$0.01$0.027,9884,759
2901,169$18.60$18.80—$205.0066.69%$0.01$0.0211,7066,810
77242$16.05$16.30—$207.5062.17%$0.02$0.033,8164,218
3083,884$13.65$13.80—$210.0055.93%$0.03$0.0419,23710,751
2853,738$11.15$11.30—$212.5048.61%$0.04$0.057,24910,058
1,6335,400$8.65$8.85—$215.0043.72%$0.08$0.0913,75823,724
2,0662,865$6.25$6.40—$217.5039.03%$0.17$0.1813,49830,387
19,06217,694$4.05$4.15—$220.0035.42%$0.41$0.4227,04789,697
76,74167,164$2.22$2.25—$222.5033.68%$1.03$1.067,21670,205
260,17438,416$0.98$0.9933.15%$225.00—$2.28$2.3210,61418,429
88,18950,081$0.35$0.3633.56%$227.50—$4.10$4.256,3302,027
112,11681,391$0.12$0.1335.54%$230.00—$6.40$6.555,0831,634
37,10327,300$0.05$0.0639.31%$232.50—$8.80$9.001,196540
38,03237,605$0.03$0.0444.91%$235.00—$11.30$11.501,3901,462
6,70315,654$0.02$0.0350.61%$237.50—$13.80$14.05223876
4,44831,622$0.01$0.0254.65%$240.00—$16.30$16.55127558
2,4725,949$0.01$0.0261.67%$242.50—$18.80$19.05426
—————$245.00—$21.30$21.55432
—————$247.50—$23.80$24.0501

Forward $223.69. The 25-delta put carries +1.86 volatility points over the 25-delta call.

2026-09-28(4 days)ATM 24.83%±5.82skew +0.88
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$24.75$28.20—$197.5048.62%$0.02$0.03471,167
1591$23.15$24.20—$200.0046.12%$0.03$0.046,060602
072$20.55$23.30—$202.5043.02%$0.04$0.05200178
0227$17.55$20.60—$205.0040.49%$0.06$0.072,681281
0142$15.70$17.55—$207.5037.21%$0.08$0.091,239270
21644$13.55$13.95—$210.0034.48%$0.12$0.133,2491,543
2388$11.15$11.85—$212.5031.95%$0.19$0.202,002955
5021,745$8.90$9.10—$215.0029.23%$0.30$0.313,1414,735
254336$6.65$6.80—$217.5027.00%$0.51$0.532,4464,836
1,7893,595$4.60$4.75—$220.0025.75%$0.96$0.983,58211,653
5,4341,300$2.94$3.05—$222.5025.00%$1.75$1.783,3645,804
17,5777,357$1.73$1.7524.76%$225.00—$2.99$3.102,0552,560
9,2233,962$0.91$0.9424.87%$227.50—$4.65$4.801,119381
15,2928,331$0.45$0.4625.20%$230.00—$6.60$6.90268137
7,3302,873$0.22$0.2326.11%$232.50—$8.45$9.2514011
9,52311,714$0.11$0.1227.34%$235.00—$11.30$11.60858
5,4281,043$0.06$0.0729.01%$237.50—$12.60$14.40750
3,0683,892$0.04$0.0531.44%$240.00—$15.15$17.051627
91357$0.03$0.0434.16%$242.50—$18.20$19.50012
2,4471,417$0.02$0.0336.31%$245.00—————
66718$0.01$0.0237.56%$247.50—$23.55$24.25212

Forward $223.73. The 25-delta put carries +0.88 volatility points over the 25-delta call.

2026-09-30(6 days)ATM 28.15%±8.07skew +1.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$197.5046.68%$0.08$0.092449
0114$22.65$24.45—$200.0044.03%$0.10$0.11437266
123$20.65$23.45—$202.5041.30%$0.12$0.146872
53114$17.75$20.40—$205.0038.64%$0.16$0.17351183
13122$16.05$17.40—$207.5036.21%$0.21$0.23304173
152414$13.85$14.55—$210.0034.07%$0.30$0.32846683
109230$11.50$12.05—$212.5032.06%$0.44$0.463,3472,910
100493$9.25$9.55—$215.0030.66%$0.69$0.711,1041,314
164640$7.20$7.45—$217.5029.52%$1.09$1.118411,030
3461,742$5.40$5.55—$220.0028.72%$1.71$1.741,5473,225
2,451923$3.80$3.95—$222.5028.23%$2.62$2.661,3581,764
6,6362,096$2.61$2.6528.10%$225.00—$3.80$3.951,0641,171
3,2674,311$1.67$1.7127.99%$227.50—$5.35$5.55721260
8,1048,418$1.02$1.0528.03%$230.00—$7.20$7.45306191
2,5621,822$0.60$0.6328.30%$232.50—$8.85$9.558815
2,1831,806$0.35$0.3728.78%$235.00—$11.50$11.7514453
1,1851,239$0.21$0.2329.71%$237.50—$13.00$15.008548
9053,209$0.13$0.1430.67%$240.00—$14.95$17.75500
71362$0.09$0.1032.31%$242.50—$18.15$19.40171
244306$0.06$0.0733.69%$245.00—$20.65$21.8032
161105$0.04$0.0635.53%$247.50—————

Forward $223.74. The 25-delta put carries +1.49 volatility points over the 25-delta call.

2026-10-02(8 days)ATM 29.57%±9.80skew +1.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
571,058$23.85$24.35—$200.0041.70%$0.17$0.1867,2921,157
0849$20.60$23.75—$202.5039.51%$0.21$0.236,3595,003
2731,035$18.95$19.20—$205.0037.32%$0.27$0.297,0101,647
54831$16.50$16.80—$207.5035.45%$0.37$0.383,870607
1,7593,204$14.35$14.45—$210.0033.91%$0.52$0.5313,8407,072
498881$11.90$12.20—$212.5032.69%$0.75$0.774,5931,698
8444,539$9.90$10.05—$215.0031.62%$1.09$1.126,9088,286
1,1631,207$7.95$8.05—$217.5030.83%$1.60$1.632,1583,224
3,1477,730$6.15$6.25—$220.0030.19%$2.31$2.3413,1359,453
3,6951,881$4.60$4.70—$222.5029.90%$3.25$3.352,3632,377
14,5317,824$3.30$3.4029.44%$225.00—$4.45$4.554,9055,481
6,2205,156$2.34$2.3729.37%$227.50—$5.95$6.051,960933
15,47519,514$1.58$1.6029.28%$230.00—$7.70$7.802,976470
3,6665,545$1.04$1.0529.35%$232.50—$9.20$9.90373205
12,82327,020$0.67$0.6929.65%$235.00—$11.80$11.956,357125
2,0388,016$0.43$0.4430.01%$237.50—$13.60$14.3513727
3,70816,756$0.28$0.3030.79%$240.00—$15.80$16.7027340
1,4886,167$0.19$0.2031.63%$242.50—$17.45$19.9512114
1,8588,882$0.13$0.1432.62%$245.00—$20.70$21.95187413
5126,023$0.10$0.1134.17%$247.50—$23.15$24.9510
4,18937,773$0.08$0.0935.83%$250.00—$25.15$27.302842

Forward $223.85. The 25-delta put carries +1.55 volatility points over the 25-delta call.

2026-10-05(11 days)ATM 27.76%±10.78skew +0.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$197.5039.75%$0.19$0.22348
012$23.55$25.90—$200.0037.64%$0.23$0.2612430
—————$202.5035.76%$0.29$0.3236
08$18.25$20.35—$205.0034.01%$0.37$0.4184564
201$15.95$17.95—$207.5032.37%$0.49$0.5323128
186$14.00$16.25—$210.0031.11%$0.68$0.72145174
361$12.10$12.55—$212.5029.96%$0.95$0.99116124
11115$10.05$10.75—$215.0029.01%$1.34$1.38210208
2720$8.15$8.45—$217.5028.25%$1.88$1.94149146
684115$6.40$6.65—$220.0027.63%$2.63$2.68759335
35990$4.95$5.25—$222.5027.28%$3.60$3.701,520434
1,783758$3.65$3.8028.07%$225.00—$4.65$5.45446140
1,167279$2.67$2.7327.86%$227.50—$6.15$6.508121
1,3263,111$1.87$1.9327.72%$230.00—$7.90$8.2518531
287121$1.28$1.3327.70%$232.50—$9.20$10.1575118
834592$0.86$0.9027.80%$235.00—$11.25$13.10212
136167$0.57$0.6128.06%$237.50—$13.40$14.5010
1,1271,833$0.38$0.4228.53%$240.00—$15.65$17.001117
66107$0.26$0.2929.14%$242.50—$18.05$20.05515
19275$0.18$0.2129.93%$245.00—$19.90$24.85110
4516$0.13$0.1530.75%$247.50—————

Forward $223.67. The 25-delta put carries +0.55 volatility points over the 25-delta call.

2026-10-07(13 days)ATM 28.59%±12.08skew +1.61
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$46.70$53.15—$175.00—————
0—$40.75$48.15—$180.00—————
0—$36.60$43.15—$185.00—————
0—$30.80$38.15—$190.00—————
0—$26.85$33.30—$195.00—————
5—$22.05$28.40—$200.0037.38%$0.28$0.41—33
0—$17.30$21.00—$205.0034.55%$0.52$0.61—60
14—$14.60$15.35—$210.0031.90%$0.91$1.00—200
16—$10.50$10.85—$215.0030.13%$1.63$1.84—35
199—$6.90$7.85—$220.0029.28%$3.00$3.35—29
215—$4.15$4.4528.56%$225.00—$5.15$5.60—31
132—$2.27$2.5828.54%$230.00—$8.30$8.65—7
99—$1.14$1.3528.52%$235.00—$11.85$12.60—1
99—$0.54$0.7329.21%$240.00—$15.00$17.60—0
—————$245.00—$20.25$24.80—0
—————$250.00—$24.95$29.95—2
—————$255.00—$29.80$34.80—0
—————$260.00—$34.85$39.80—0
—————$265.00—$39.80$44.80—0
—————$270.00—$44.80$49.80—0
—————$275.00—$49.80$54.80—0

Forward $223.92. The 25-delta put carries +1.61 volatility points over the 25-delta call.

2026-10-09(15 days)ATM 29.64%±13.46skew +1.93
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12666$24.30$25.15—$200.0037.28%$0.46$0.473,8332,427
07$20.30$23.75—$202.5035.89%$0.57$0.59244173
40496$19.55$19.90—$205.0034.50%$0.72$0.734,546220
942$17.30$17.90—$207.5033.45%$0.93$0.95970206
82796$15.10$15.35—$210.0032.48%$1.21$1.245,622460
3328$12.95$13.30—$212.5031.71%$1.60$1.63543258
2,44618,879$11.10$11.25—$215.0031.09%$2.11$2.157,183991
300146$9.25$9.40—$217.5030.56%$2.77$2.81397434
6554,374$7.60$7.75—$220.0030.17%$3.60$3.655,730910
774222$6.10$6.25—$222.5029.89%$4.60$4.701,9233,832
2,3187,151$4.85$4.9529.58%$225.00—$5.80$5.903,366642
1,1352,607$3.75$3.8529.34%$227.50—$7.20$7.35472424
3,22710,634$2.88$2.9229.22%$230.00—$8.80$8.952,778181
934969$2.15$2.2029.16%$232.50—$10.00$10.8513250
2,1498,987$1.59$1.6329.19%$235.00—$12.55$12.701,810375
1,0611,595$1.16$1.1929.26%$237.50—$13.90$14.901870
1,2966,422$0.84$0.8729.45%$240.00—$16.60$17.10426340
264746$0.61$0.6329.72%$242.50—$18.30$19.40232
3213,493$0.44$0.4730.14%$245.00—$20.70$21.801150
22—$0.33$0.3530.69%$247.50—$22.85$25.50—0
1,32115,251$0.25$0.2631.27%$250.00—$25.55$27.0093200

Forward $224.05. The 25-delta put carries +1.93 volatility points over the 25-delta call.

2026-10-16(22 days)ATM 30.29%±16.67skew +2.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
52310,668$24.95$25.10—$200.0035.90%$0.84$0.8740,8234,839
1617$22.30$22.85—$202.5034.84%$1.03$1.052,4391,551
1809,011$20.40$20.55—$205.0034.02%$1.28$1.3132,226942
16827$18.15$18.40—$207.5033.19%$1.59$1.621,117309
81818,372$16.15$16.30—$210.0032.54%$1.99$2.0328,5667,030
200342$14.10$14.30—$212.5031.98%$2.49$2.54942353
2,58326,415$12.25$12.40—$215.0031.57%$3.10$3.2016,7752,338
142836$10.50$10.65—$217.5031.15%$3.85$3.95617833
2,366106,879$8.90$9.05—$220.0030.82%$4.75$4.8548,5511,893
1,3551,826$7.50$7.60—$222.5030.54%$5.80$5.901,056991
4,83430,856$6.20$6.3030.27%$225.00—$7.00$7.1014,6692,373
7272,243$5.05$5.1529.99%$227.50—$8.35$8.501,978525
5,66959,909$4.10$4.2029.96%$230.00—$9.90$10.0513,274226
1,1032,659$3.25$3.3529.75%$232.50—$11.15$11.754116
4,57348,361$2.60$2.6429.74%$235.00—$13.40$13.554,263158
4673,439$2.03$2.0729.69%$237.50—$14.95$15.6018919
3,86365,717$1.58$1.6129.73%$240.00—$17.40$17.553,193322
4282,157$1.22$1.2529.82%$242.50—$19.10$19.8540
1,61737,497$0.94$0.9729.99%$245.00—$21.50$22.105635
196—$0.72$0.7530.17%$247.50—$23.30$25.00—0
5,66775,673$0.56$0.5830.45%$250.00—$26.50$26.651,45823

Forward $224.20. The 25-delta put carries +2.25 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.