Options Skew Analytics

ONDS option chain

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

Data as of 25 September 2026 (end of day)

2026-10-09(14 days)ATM 65.39%±0.99skew -2.53
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
40$5.45$6.05—$2.00—————
01$4.45$5.05—$3.00—————
02$2.45$3.05—$5.00—————
01$1.95$2.52—$5.50—————
40261$1.57$1.99—$6.00—————
156$1.10$1.34—$6.5066.66%$0.03$0.052,510153
34329$0.79$0.91—$7.0065.62%$0.11$0.132,573339
3212,540$0.49$0.53—$7.5065.24%$0.28$0.292,3701,454
2,3936,801$0.26$0.3065.64%$8.00—$0.55$0.58766386
1,2353,343$0.14$0.1668.15%$8.50—$0.87$0.9880313
2536,012$0.07$0.0869.69%$9.00—$1.31$1.411,264139
893,004$0.03$0.0674.92%$9.50—$1.76$1.8869798
31,642$0.01$0.0374.69%$10.00—$2.24$2.3618816
—————$10.50—$2.54$2.93530
0587$0.01$0.0395.92%$11.00—$3.10$3.40431
—————$11.50—$3.65$3.95349
—————$12.00—$4.20$4.406442
—————$12.50—$4.55$5.10111
—————$13.00—$5.15$5.4002
—————$13.50—$5.45$6.1010
—————$14.00—$5.95$6.6050

Forward $7.73. The 25-delta put carries -2.53 volatility points over the 25-delta call.

2026-10-16(21 days)ATM 68.41%±1.27skew -4.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$6.45$7.05—$1.00—————
01$4.35$5.05—$3.00—————
039$3.60$4.05—$4.00—————
0139$2.50$2.95—$5.00—————
01$2.06$2.51—$5.50—————
125630$1.62$1.93—$6.0068.69%$0.02$0.042,35748
1258$1.26$1.40—$6.5066.70%$0.05$0.112996
1761,731$0.86$0.94—$7.0067.35%$0.18$0.218,285211
491801$0.60$0.64—$7.5068.38%$0.38$0.401,641671
1,6298,779$0.38$0.4068.44%$8.00—$0.65$0.697,700684
6621,788$0.23$0.2569.72%$8.50—$0.97$1.0717222
41411,530$0.14$0.1672.14%$9.00—$1.40$1.4513,539262
94907$0.08$0.1073.54%$9.50—$1.82$1.92555208
15714,669$0.06$0.0778.53%$10.00—$2.26$2.402,45163
178$0.03$0.0885.61%$10.50—$2.62$2.9710
518,955$0.03$0.0486.61%$11.00—$3.20$3.401,37723
—————$11.50—$3.60$4.001500
1112,259$0.01$0.0393.34%$12.00—$4.10$4.401380
—————$12.50—$4.45$5.00160
—————$13.00—$5.15$5.501161
—————$14.00—$5.95$6.501770

Forward $7.73. The 25-delta put carries -4.78 volatility points over the 25-delta call.

2026-10-23(28 days)ATM 68.70%±1.47skew -4.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$3.90$4.55—$3.50—————
011$2.95$3.55—$4.50—————
05$2.02$2.49—$5.50—————
4215$1.56$1.98—$6.0065.50%$0.04$0.0523610
732$1.17$1.53—$6.5066.50%$0.11$0.131,146128
188$0.87$1.08—$7.0066.59%$0.23$0.271,95353
158523$0.67$0.71—$7.5067.40%$0.44$0.4748833
3581,144$0.45$0.5069.05%$8.00—$0.72$0.7718732
1351,009$0.29$0.3469.86%$8.50—$1.04$1.1515410
1773,388$0.20$0.2271.48%$9.00—$1.40$1.5052512
471,630$0.12$0.1673.15%$9.50—$1.88$1.962,10459
2221,731$0.08$0.1073.98%$10.00—$2.22$2.4426613
095$0.04$0.0976.97%$10.50—$2.65$2.93590
3143$0.04$0.0782.23%$11.00—$3.10$3.451310
—————$11.50—$3.65$3.90500
—————$12.00—$4.20$4.40828
—————$13.50—$5.45$6.10410
—————$14.00—$5.95$6.6010
—————$15.00—$7.00$7.5054

Forward $7.74. The 25-delta put carries -4.89 volatility points over the 25-delta call.

2026-10-30(35 days)ATM 70.06%±1.68skew -6.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$3.30$4.10—$4.00—————
20$2.95$3.55—$4.50—————
925$1.70$2.00—$6.0064.44%$0.05$0.0825545
227$1.26$1.52—$6.5067.19%$0.15$0.18225105
10354$1.00$1.11—$7.0067.80%$0.30$0.331,086258
194459$0.73$0.81—$7.5069.01%$0.52$0.55311315
8601,317$0.54$0.5770.21%$8.00—$0.78$0.8643933
338749$0.36$0.4270.89%$8.50—$1.09$1.226012
2591,134$0.25$0.2971.57%$9.00—$1.44$1.601951
54661$0.17$0.2374.42%$9.50—$1.86$2.0357012
1632,910$0.12$0.1675.42%$10.00—$2.33$2.464328
—————$10.50—$2.69$3.05431
12355$0.06$0.0877.68%$11.00—$3.10$3.45130
—————$11.50—$3.70$3.95348
—————$12.00—$4.20$4.402,38014
—————$12.50—$4.50$5.0010

Forward $7.74. The 25-delta put carries -6.63 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 80.82%±2.45skew -6.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$4.45$5.05—$3.00—————
0106$3.45$4.00—$4.00—————
10367$2.60$2.98—$5.0075.18%$0.03$0.081,33811
51503$1.87$2.08—$6.0078.94%$0.22$0.262,55976
1431,876$1.26$1.37—$7.0078.54%$0.56$0.596,433293
1,0859,192$0.84$0.8780.50%$8.00—$1.09$1.144,214118
2585,756$0.54$0.5883.03%$9.00—$1.78$1.832,8203
74821,798$0.35$0.3884.93%$10.00—$2.45$2.675,93812
1003,210$0.23$0.2687.30%$11.00—$3.40$3.603785
613,356$0.15$0.1788.37%$12.00—$4.30$4.502564
1371,244$0.07$0.1388.31%$13.00—$5.15$5.50710
371,476$0.07$0.1093.93%$14.00—$6.10$6.50450
272,543$0.05$0.1099.36%$15.00—$7.10$7.5080
—————$16.00—$8.05$8.50246
—————$17.00—$9.05$9.60810

Forward $7.74. The 25-delta put carries -6.40 volatility points over the 25-delta call.

2027-01-15(112 days)ATM 80.86%±3.49skew -6.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
036$6.95$7.40—$0.50—————
2115$6.50$7.00—$1.00—————
099$5.80$6.60—$1.50—————
1424$5.60$6.10—$2.00—————
0519$4.90$5.55—$2.50—————
01,138$4.55$4.95—$3.00—————
5825$4.05$4.50—$3.5087.31%$0.02$0.081,5080
231,188$3.70$3.85—$4.00—————
111,008$3.30$3.60—$4.5078.71%$0.11$0.141,16111
109,921$2.90$2.98—$5.0078.20%$0.19$0.234,66123
155,174$2.56$2.60—$5.5078.13%$0.32$0.343,66469
41033,290$1.45$1.47—$7.5079.55%$1.17$1.1914,400333
61615,142$0.94$0.9681.30%$9.00—$2.14$2.1714,02553
68153,013$0.70$0.7382.21%$10.00—$2.89$2.9428,5921
728,446$0.53$0.5683.31%$11.00—$3.70$3.801,3610
16720,164$0.41$0.4384.41%$12.00—$4.45$4.704,9150
2003,622$0.33$0.3486.12%$13.00—$5.35$5.702470
404,127$0.20$0.2884.76%$14.00—$6.25$6.502740
20555,758$0.21$0.2288.52%$15.00—$7.25$7.501,0180
—————$16.00—$8.15$8.55280
118,298$0.11$0.1588.72%$17.00—$9.15$9.551470

Forward $7.78. The 25-delta put carries -6.27 volatility points over the 25-delta call.

2027-03-19(175 days)ATM 83.40%±4.53skew -5.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
09$6.50$7.10—$1.00—————
052$5.50$6.05—$2.00—————
034$4.65$4.95—$3.00—————
0102$3.75$4.15—$4.0079.08%$0.14$0.175146
26526$3.10$3.25—$5.0081.16%$0.38$0.431,625160
4662$2.50$2.73—$6.0082.36%$0.74$0.821,14610
221,309$2.00$2.10—$7.0082.76%$1.23$1.291,5278
3293,046$1.63$1.7182.73%$8.00—$1.78$1.882,1340
1112,054$1.30$1.4083.11%$9.00—$2.43$2.611,5211
684,438$1.08$1.1584.40%$10.00—$3.20$3.351,1550
331,458$0.87$0.9584.64%$11.00—$4.00$4.102080
8027,704$0.74$0.7985.86%$12.00—$4.75$4.951520
4628$0.59$0.7487.88%$13.00—$5.65$5.85280
02,170$0.47$0.6287.49%$14.00—$6.45$6.8050
613,619$0.39$0.4886.33%$15.00—$7.35$7.75620
1123$0.27$0.4285.17%$16.00—————
66,823$0.30$0.3688.51%$17.00—$9.20$9.65300

Forward $7.84. The 25-delta put carries -5.12 volatility points over the 25-delta call.

2027-06-17(265 days)ATM 85.71%±5.78skew -3.92
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$6.50$7.10—$1.00—————
066$5.45$6.10—$2.00—————
2418$4.70$5.05—$3.0086.32%$0.11$0.184930
30426$3.95$4.35—$4.0085.24%$0.30$0.41502251
01,676$3.35$3.70—$5.0084.39%$0.63$0.711,3313
121$2.85$3.10—$6.0084.26%$1.04$1.15526
2656$2.43$2.62—$7.0086.84%$1.55$1.791200
424,878$2.06$2.2084.71%$8.00—$2.18$2.253,93526
546$1.76$1.8985.02%$9.00—————
246,540$1.54$1.6285.65%$10.00—$3.50$3.701,5730
32$1.30$1.4385.81%$11.00—$4.25$4.5540
62,314$1.14$1.2686.58%$12.00—$5.05$5.356740
573,866$0.78$0.8988.22%$15.00—$7.65$7.901430
8619$0.60$0.7088.18%$17.00—$9.45$9.751680
15,219$0.43$0.5389.48%$20.00—$12.35$12.653870
122,952$0.34$0.4991.21%$22.00—$14.15$14.655940

Forward $7.91. The 25-delta put carries -3.92 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.