Options Skew Analytics

ONON 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 61.60%±1.95skew -0.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
511$4.85$5.80—$29.50—————
6851$4.70$5.05—$30.00—————
5717$4.00$4.70—$30.50—————
40165$3.75$4.05—$31.0069.26%$0.01$0.0447281
03$2.74$4.55—$31.5070.09%$0.02$0.0813354
—————$32.5065.87%$0.09$0.15373183
41156$1.89$2.37—$33.0062.92%$0.15$0.20257358
2112$1.55$1.67—$33.5061.70%$0.24$0.3033288
41113$1.21$1.33—$34.0062.00%$0.37$0.4728159
63763$0.91$1.03—$34.5061.61%$0.56$0.6629238
7,186334$0.67$0.7461.60%$35.00—$0.80$0.91496340
25419$0.46$0.5762.77%$35.50—$1.10$1.201,1809
143181$0.30$0.4062.18%$36.00—$1.46$1.59126106
417$0.19$0.2862.41%$36.50—$1.81$1.991,10531
373468$0.13$0.1963.57%$37.00—$2.17$2.411,543631
—————$37.50—$2.36$3.30300158
121363$0.05$0.1066.64%$38.00—$2.99$3.357041
4195$0.03$0.0666.41%$38.50—————
—————$39.50—$4.10$6.2022
1751,860$0.01$0.0271.82%$40.00—$4.55$6.6563
—————$40.50—$4.45$7.4020

Forward $34.85. The 25-delta put carries -0.71 volatility points over the 25-delta call.

2026-11-20(10 days)ATM 50.09%±2.89skew +1.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$5.85$7.50—$28.00—————
16$4.90$6.55—$29.00—————
07$4.30$6.90—$29.50—————
52,673$4.35$5.30—$30.0054.24%$0.04$0.0710,9354,653
010$3.75$4.60—$31.0052.70%$0.09$0.141175
0134$2.88$4.50—$31.50—————
2225$2.96$3.30—$32.0051.19%$0.21$0.2424362
464,804$2.61$2.79—$32.5049.34%$0.25$0.331,76442
3317$2.04$2.64—$33.0049.89%$0.39$0.4458970
4134$1.88$2.05—$33.5049.82%$0.53$0.5917325
4280$1.56$1.70—$34.0049.65%$0.70$0.7725238
446138$1.25$1.40—$34.5050.20%$0.91$1.0183270
5002,198$1.02$1.1950.09%$35.00—$1.16$1.25457148
1056$0.80$1.0050.64%$35.50—$1.45$1.541897
31849$0.62$0.7950.20%$36.00—$1.75$1.8614826
5511$0.48$0.5548.45%$36.50—$2.11$2.2416921
107147$0.36$0.4348.64%$37.00—$2.52$2.7113617
33812,178$0.27$0.3248.57%$37.50—$2.93$3.2040227
—————$38.00—$3.05$3.50645
2358$0.15$0.2351.25%$38.50—$3.55$4.0052
1943,789$0.07$0.1355.01%$40.00—$4.20$5.351423

Forward $34.90. The 25-delta put carries +1.25 volatility points over the 25-delta call.

2026-11-27(17 days)ATM 45.44%±3.42skew -1.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
010$5.65$8.65—$28.00—————
34$5.35$6.65—$29.00—————
012$4.90$5.25—$30.00—————
09$3.90$4.80—$31.0047.87%$0.18$0.24292
0124$2.61$3.95—$32.0046.21%$0.31$0.395994
60$2.25$3.40—$32.5046.04%$0.42$0.50011
03$2.26$2.62—$33.0044.91%$0.51$0.63115
—————$33.5045.03%$0.68$0.79047
390$1.75$1.98—$34.0045.36%$0.90$0.97320
260$1.49$1.67—$34.50—————
8275$1.22$1.4245.36%$35.00—$1.36$1.4510257
280$1.03$1.2446.55%$35.50—————
49$0.84$1.0546.67%$36.00—$1.91$2.07182
438$0.55$0.6345.00%$37.00—$2.62$2.78920
01$0.41$0.6246.82%$37.50—————
—————$38.00—$3.00$4.1070
10$0.23$0.3845.67%$38.50—————
—————$40.00—$4.90$6.80101

Forward $34.91. The 25-delta put carries -1.91 volatility points over the 25-delta call.

2026-12-04(24 days)ATM 44.08%±3.95skew +2.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$5.70$8.50—$28.00—————
—————$31.0047.53%$0.29$0.418328
017$3.35$3.60—$32.0045.72%$0.49$0.558470
225$2.65$2.86—$33.0044.88%$0.76$0.819724
2510$1.97$2.23—$34.0044.25%$1.11$1.18353
459$1.48$1.5744.11%$35.00—$1.58$1.664544
019$1.06$1.1443.89%$36.00—$2.15$2.2408
412$0.74$0.8143.89%$37.00—$2.77$2.9795
5639$0.50$0.5543.67%$38.00—$3.55$3.7510
259$0.33$0.3843.93%$39.00—————
1043$0.20$0.3245.49%$40.00—————
—————$43.00—$7.05$10.1010
—————$44.00—$8.15$11.1010

Forward $34.90. The 25-delta put carries +2.05 volatility points over the 25-delta call.

2026-12-11(31 days)ATM 44.83%±4.57skew +1.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$5.55$8.70—$28.00—————
20$5.20$7.15—$29.00—————
—————$31.0046.67%$0.37$0.5520
21$3.50$3.75—$32.0045.65%$0.57$0.77710
19$2.83$3.10—$33.0045.26%$0.85$1.09210
100$2.19$2.47—$34.0044.70%$1.22$1.4702
31$1.64$1.9644.87%$35.00—$1.69$1.9840
02$1.23$1.5044.66%$36.00—$2.25$2.4780
1844$0.88$1.1644.68%$37.00—$2.91$3.1066
1317$0.61$0.8243.74%$38.00—$3.65$3.85150
2015$0.43$0.6144.11%$39.00—————
218$0.29$0.4844.92%$40.00—————

Forward $34.96. The 25-delta put carries +1.91 volatility points over the 25-delta call.

2026-12-18(38 days)ATM 43.63%±4.92skew +1.51
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
092$15.85$19.05—$17.50—————
027$13.75$16.60—$20.00—————
08$11.25$14.15—$22.50—————
0136$8.85$11.30—$25.0054.38%$0.03$0.083,75017
0506$6.80$8.55—$27.5048.91%$0.12$0.154,79825
25,625$5.20$5.60—$30.0045.24%$0.31$0.408,18037
322,290$3.30$3.65—$32.5044.61%$0.92$0.963,145339
3993,312$1.89$2.0043.68%$35.00—$1.94$2.002,80072
3088,048$0.96$1.0443.37%$37.50—$3.40$3.651,06368
2433,262$0.43$0.4943.10%$40.00—$5.30$5.853266
228821$0.19$0.2343.90%$42.50—$6.90$8.605718
2563,056$0.07$0.1144.47%$45.00—$9.70$11.704000
—————$55.00—$18.80$22.0550
—————$60.00—$23.80$27.05180
—————$62.50—$26.30$29.55170

Forward $34.97. The 25-delta put carries +1.51 volatility points over the 25-delta call.

2027-01-15(66 days)ATM 41.04%±6.13skew +0.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1379$16.10$18.95—$17.50—————
0191$13.65$16.60—$20.00—————
0202$11.45$13.75—$22.50—————
0185$8.70$11.25—$25.00—————
804,035$6.90$8.20—$27.5045.86%$0.25$0.353,54849
1071,892$5.10$6.80—$30.0043.62%$0.63$0.6813,405699
11,620$3.85$4.20—$32.5042.26%$1.27$1.378,08526
2752,550$2.38$2.58—$35.0040.99%$2.26$2.451,558146
951,117$1.46$1.5741.28%$37.50—$3.75$4.002,2364
3244,465$0.84$0.9141.40%$40.00—$5.75$5.954,8442
664,445$0.45$0.5141.45%$42.50—$7.55$8.801,4500
1,0817,368$0.22$0.3041.80%$45.00—$9.75$11.70240
—————$47.50—$11.60$14.6010
22823,736$0.07$0.1043.69%$50.00—$14.00$17.1060
—————$52.50—$16.25$19.154500
—————$55.00—$19.05$22.0510
01,775$0.02$0.0351.86%$60.00—————
—————$62.50—$26.30$27.8510

Forward $35.13. The 25-delta put carries +0.86 volatility points over the 25-delta call.

2027-03-19(129 days)ATM 45.06%±9.48skew +2.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$18.20$21.50—$15.00—————
014$16.30$19.60—$17.50—————
860$13.80$15.90—$20.00—————
28$11.60$14.50—$22.50—————
183$9.70$11.20—$25.0049.20%$0.43$0.552,27510
01,646$7.60$9.80—$27.5047.12%$0.81$0.917,43024
4975$6.70$7.20—$30.0046.24%$1.43$1.535,262117
0505$5.15$5.40—$32.5045.93%$2.36$2.412,51531
111730$3.85$4.00—$35.0045.56%$3.50$3.601,3169
56357$2.81$2.8944.81%$37.50—$4.90$5.0097515
666,286$1.99$2.0644.28%$40.00—$6.60$6.702822
170315$1.36$1.4543.81%$42.50—$8.30$8.801400
2182,102$0.96$1.0143.90%$45.00—$9.85$12.0590
—————$52.50—$16.40$19.1510

Forward $35.38. The 25-delta put carries +2.43 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.