Options Skew Analytics

ONDS 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 188.74%±0.95skew -5.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
243$4.40$4.65—$1.00—————
721$3.45$3.60—$2.00—————
510$2.36$2.68—$3.00—————
531$1.91$2.14—$3.50—————
1971$1.44$1.80—$4.00221.17%$0.01$0.036,281899
147774$1.00$1.15—$4.50194.64%$0.04$0.068241,175
7603,285$0.66$0.75—$5.00186.80%$0.14$0.152,4652,323
1,2383,422$0.39$0.42—$5.50188.80%$0.34$0.365,2552,055
5,2198,490$0.20$0.22188.47%$6.00—$0.64$0.682,286200
3,3777,669$0.10$0.11192.50%$6.50—$1.03$1.121,503166
5,78911,451$0.05$0.06200.91%$7.00—$1.47$1.621,48283
4,7076,918$0.02$0.03202.09%$7.50—$1.92$2.101,348108
1,2308,191$0.01$0.03225.17%$8.00—$2.43$2.572584
—————$8.50—$2.89$3.1014043
—————$9.00—$3.40$3.5566915
—————$9.50—$3.85$4.0547245
—————$10.00—$4.40$4.601334
—————$10.50—$4.85$5.1052
—————$11.00—$5.25$5.60103
—————$11.50—$5.85$6.1032
—————$12.00—$6.35$6.6014

Forward $5.56. The 25-delta put carries -5.70 volatility points over the 25-delta call.

2026-11-20(10 days)ATM 126.84%±1.16skew -0.95
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
350$4.45$4.65—$1.00—————
515$3.45$3.65—$2.00—————
28$2.49$2.62—$3.00—————
66$1.92$2.13—$3.50—————
33407$1.48$1.65—$4.00140.90%$0.03$0.055,08096
116221$1.06$1.22—$4.50135.16%$0.10$0.11435811
3282,044$0.74$0.80—$5.00130.02%$0.22$0.243,3881,228
3961,417$0.45$0.51—$5.50125.72%$0.41$0.462,060827
4,62230,332$0.29$0.31130.15%$6.00—$0.73$0.768,769255
2,5682,997$0.16$0.19130.97%$6.50—$1.10$1.151,703158
1,26710,398$0.10$0.11134.45%$7.00—$1.52$1.608,968156
7077,777$0.06$0.07138.78%$7.50—$1.96$2.141,24212
6,42715,837$0.04$0.05145.92%$8.00—$2.49$2.575,0396,058
93986$0.03$0.04155.17%$8.50—$2.92$3.102582
60411,385$0.01$0.02147.21%$9.00—$3.45$3.503,29836
0421$0.01$0.03167.82%$9.50—$3.90$4.0531914
27820,692$0.01$0.02172.51%$10.00—$4.40$4.556,0317
—————$10.50—$4.70$5.15110
—————$11.00—$5.40$5.553230
—————$11.50—$5.55$7.2040
—————$12.00—$6.05$7.105570

Forward $5.55. The 25-delta put carries -0.95 volatility points over the 25-delta call.

2026-11-27(17 days)ATM 111.51%±1.33skew -5.76
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$4.40$4.85—$1.00—————
713$3.45$3.65—$2.00—————
62$2.43$2.65—$3.00—————
13$1.93$2.14—$3.50—————
797$1.50$1.70—$4.00122.81%$0.05$0.081,62846
2151$1.14$1.25—$4.50114.14%$0.12$0.1568612
13650$0.78$0.86—$5.00109.65%$0.26$0.2837498
50191$0.51$0.59—$5.50111.35%$0.47$0.5454112
2471,075$0.34$0.37111.72%$6.00—$0.77$0.821,0725
3381,271$0.21$0.25114.07%$6.50—$1.13$1.2186228
6192,257$0.14$0.15115.41%$7.00—$1.54$1.6477110
611,359$0.10$0.11121.90%$7.50—$1.99$2.1647114
1751,691$0.06$0.08124.32%$8.00—$2.44$2.584122
2714$0.03$0.06125.37%$8.50—$2.91$3.0529013
61,569$0.03$0.04130.97%$9.00—$3.40$3.5559514
6446$0.01$0.03128.73%$9.50—$3.90$4.0559670
31605$0.01$0.03138.38%$10.00—$4.40$4.55637
—————$10.50—$4.60$5.4060
—————$11.00—$5.20$5.6540
—————$11.50—$4.60$7.2040
—————$12.00—$5.10$7.7050

Forward $5.55. The 25-delta put carries -5.76 volatility points over the 25-delta call.

2026-12-04(24 days)ATM 98.81%±1.41skew -1.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1212$3.40$4.60—$2.00—————
01$1.95$2.75—$3.50—————
73$1.56$1.68—$4.00108.13%$0.06$0.091540
—————$4.50103.49%$0.15$0.1729511
22181$0.83$0.93—$5.00101.12%$0.30$0.3237822
136164$0.58$0.59—$5.5099.04%$0.52$0.54165351
181328$0.37$0.4098.71%$6.00—$0.81$0.84275536
308382$0.24$0.27100.43%$6.50—$1.17$1.2462922
31715$0.16$0.18102.61%$7.00—$1.53$1.702695
2041,684$0.10$0.14106.47%$7.50—$1.93$2.241,10782
24746$0.08$0.10111.33%$8.00—————
16205$0.05$0.07112.09%$8.50—$2.94$3.101171
40755$0.03$0.05112.81%$9.00—$3.40$3.5524911
—————$9.50—$3.90$4.1020467
—————$10.00—$4.40$4.555210
—————$10.50—$4.85$5.10320
—————$11.00—$4.85$5.7540

Forward $5.56. The 25-delta put carries -1.49 volatility points over the 25-delta call.

2026-12-11(31 days)ATM 97.98%±1.59skew +0.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
146$3.40$4.75—$2.00—————
615$1.50$1.72—$4.00103.95%$0.08$0.1244
58$1.15$1.32—$4.50101.50%$0.18$0.231,26946
222$0.88$0.97—$5.0099.70%$0.34$0.407217
3565$0.61$0.70—$5.5098.25%$0.57$0.6312236
51238$0.42$0.4997.90%$6.00—$0.86$0.9712022
3344$0.31$0.37102.86%$6.50—$1.21$1.322881
180329$0.20$0.25101.16%$7.00—$1.63$1.72887
6456$0.13$0.19103.06%$7.50—————
68151$0.10$0.12103.64%$8.00—$2.51$2.671274
534$0.06$0.09104.02%$8.50—$2.96$3.103712
—————$9.00—$3.40$3.5573719
24$0.03$0.06110.10%$9.50—$3.90$4.0522819
—————$10.00—$4.40$4.55590
—————$10.50—$4.30$5.7590
—————$11.00—$4.70$5.6570
—————$12.50—$6.60$7.1520
—————$13.00—$6.10$9.2510

Forward $5.56. The 25-delta put carries +0.34 volatility points over the 25-delta call.

2026-12-18(38 days)ATM 96.11%±1.72skew -0.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$4.35$4.80—$1.00—————
1043$3.40$3.65—$2.00—————
0120$2.40$2.76—$3.00111.04%$0.01$0.044380
8770$1.54$1.72—$4.0099.83%$0.11$0.132,609364
1363,557$0.91$1.03—$5.0097.40%$0.41$0.428,253304
7,7645,821$0.50$0.5296.06%$6.00—$0.92$0.9812,8126,083
1,22711,358$0.26$0.2798.00%$7.00—$1.66$1.7813,00528
73249,562$0.14$0.15101.62%$8.00—$2.58$2.6534,57454
13510,578$0.08$0.09105.80%$9.00—$3.50$3.606,483112
35728,443$0.04$0.06108.67%$10.00—$4.45$4.553,02547
325,619$0.03$0.05116.72%$11.00—$5.40$5.555280
34,469$0.02$0.03118.40%$12.00—$6.40$6.551,0821
04,333$0.02$0.04131.67%$13.00—$7.10$7.602460
1576,812$0.01$0.03132.38%$14.00—$8.05$8.702510
05,262$0.01$0.04144.72%$15.00—$9.10$9.601250
—————$16.00—$9.10$11.6520
—————$17.00—$10.95$11.65370
—————$19.00—$13.00$13.7020

Forward $5.56. The 25-delta put carries -0.60 volatility points over the 25-delta call.

2026-12-24(44 days)ATM 94.16%±1.82skew -2.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$2.79$4.25—$2.50—————
140$1.94$2.39—$3.50100.29%$0.05$0.08139
—————$4.0096.57%$0.12$0.1540
145$1.25$1.36—$4.5094.48%$0.23$0.2880
10218$0.95$1.05—$5.0094.11%$0.42$0.46612
1142$0.70$0.79—$5.5094.55%$0.65$0.731119
6050$0.49$0.6094.07%$6.00—$0.94$1.067340
177240$0.38$0.4294.72%$6.50—$1.29$1.426029
103108$0.28$0.3296.53%$7.00—$1.69$1.792326
3439$0.20$0.2497.19%$7.50—$2.12$2.231,0343
448269$0.15$0.1999.52%$8.00—$2.54$2.70780
136$0.11$0.18104.35%$8.50—$3.00$3.15189
2573$0.08$0.12102.49%$9.00—$3.45$3.601014
—————$9.50—$3.95$4.1010690
91$0.06$0.10111.63%$10.00—————
—————$11.00—$4.10$6.75—0
—————$12.00—$6.35$6.65—0

Forward $5.56. The 25-delta put carries -2.71 volatility points over the 25-delta call.

2027-01-15(66 days)ATM 88.88%±2.11skew -5.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
046$4.80$5.55—$0.50—————
0107$4.35$5.25—$1.00—————
098$3.85$4.60—$1.50—————
59452$3.45$3.65—$2.00—————
0522$2.90$3.60—$2.50—————
21,215$2.48$2.67—$3.0093.14%$0.02$0.068870
51,025$1.99$2.23—$3.5091.46%$0.08$0.111,869227
251,569$1.65$1.98—$4.0089.26%$0.17$0.205,085118
121,049$1.34$1.58—$4.5087.30%$0.31$0.331,071167
419,835$1.06$1.14—$5.0087.92%$0.51$0.544,868301
9436,273$0.84$0.87—$5.5088.14%$0.77$0.794,718714
5,85235,880$0.32$0.3493.09%$7.50—$2.24$2.3115,57125
43525,672$0.16$0.1997.22%$9.00—$3.50$3.6513,9618
1,19955,941$0.11$0.1399.91%$10.00—$4.50$4.6529,49323
417,914$0.07$0.10102.45%$11.00—$5.30$5.651,3111
15921,308$0.06$0.08107.38%$12.00—$6.40$6.604,5431
1033,983$0.05$0.07112.18%$13.00—$7.05$7.651310
164,401$0.03$0.05111.36%$14.00—$8.05$8.602450
5256,815$0.04$0.05119.99%$15.00—$9.00$9.6087110
11,036$0.02$0.04118.24%$16.00—$9.40$11.65170
58,685$0.01$0.04120.33%$17.00—$10.70$11.8020

Forward $5.58. The 25-delta put carries -5.78 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.