Options Skew Analytics

ORCL option chain

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

Data as of 6 November 2026 (end of day)

2026-11-13(7 days)ATM 70.37%±11.27skew +7.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
6230$10.60$11.20—$106.0077.01%$1.34$1.431991,316
631$9.80$10.40—$107.0076.12%$1.53$1.631191,337
2930$9.05$9.60—$108.0075.37%$1.76$1.85365770
6447$8.30$8.80—$109.0074.54%$2.00$2.10306890
430659$7.90$8.15—$110.0073.58%$2.26$2.372,7936,710
21370$7.15$7.45—$111.0072.93%$2.56$2.696471,466
1,20332$6.55$6.75—$112.0073.03%$2.92$3.10595798
263162$5.85$6.10—$113.0072.24%$3.25$3.50749568
24869$5.25$5.50—$114.0071.10%$3.70$3.809681,031
2,897600$4.75$4.95—$115.0071.01%$4.10$4.351,5722,396
1,219134$4.20$4.4070.38%$116.00—$4.55$4.85499445
690412$3.80$3.9070.35%$117.00—$5.10$5.35872373
633382$3.25$3.4568.99%$118.00—$5.65$5.901,716487
2,343137$2.95$3.0569.46%$119.00—$6.25$6.50232197
5,7011,684$2.59$2.6669.00%$120.00—$6.85$7.153,303620
816160$2.25$2.3168.47%$121.00—$7.50$7.8080882
365446$1.91$2.0267.91%$122.00—$8.25$8.6033780
6191,273$1.65$1.7467.59%$123.00—$8.85$9.50578276
846734$1.45$1.5067.70%$124.00—$9.70$10.30662150
2,0042,155$1.21$1.2766.97%$125.00—$10.40$10.903,583396
432430$1.02$1.1066.87%$126.00—$11.20$11.9049693

Forward $115.60. The 25-delta put carries +7.67 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 66.97%±15.17skew +8.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
110558$16.60$17.30—$100.0075.47%$1.34$1.3917,3893,145
55455$12.55$13.20—$105.0072.14%$2.22$2.3528,6643,219
215604$9.00$9.60—$110.0069.40%$3.55$3.8517,0213,643
1,4161,044$6.25$6.50—$115.0067.38%$5.60$5.9013,6775,131
723241$5.30$5.5066.85%$117.00—$6.60$6.901,055185
299311$4.80$5.0566.29%$118.00—$7.10$7.45571253
2521,237$4.40$4.6066.00%$119.00—$7.65$8.001,8641,244
4,1381,953$4.00$4.2065.70%$120.00—$8.25$8.6012,7251,968
147326$3.60$3.8065.12%$121.00—$8.90$9.201,155912
155196$3.25$3.4564.82%$122.00—$9.50$9.85784652
1811,061$3.00$3.1565.15%$123.00—$10.20$10.5035022
55933$2.70$2.8264.72%$124.00—$10.90$11.251,16758
2,0373,533$2.43$2.5364.44%$125.00—$11.65$12.0515,7521,347
1471,623$2.18$2.2764.21%$126.00—$12.40$12.858664
4171,123$1.95$2.0464.04%$127.00—$13.05$13.8069516
1141,308$1.73$1.8363.82%$128.00—$13.90$14.6027720
1551,936$1.55$1.6463.77%$129.00—$14.70$15.4553419
2,21512,748$1.39$1.4763.78%$130.00—$15.45$16.308,452422
98768$1.22$1.3163.54%$131.00—$16.10$17.1592011
545441$1.08$1.1763.48%$132.00—$17.30$17.9039411
2591,654$0.96$1.0663.64%$133.00—$18.20$18.908658

Forward $115.63. The 25-delta put carries +8.10 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 62.42%±17.34skew +8.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
18188$13.65$13.95—$105.0067.94%$2.93$3.101,915154
39148$10.20$10.45—$110.0065.18%$4.40$4.601,023440
76$9.55$9.85—$111.0064.59%$4.75$4.952052
9613$8.95$9.20—$112.0064.28%$5.15$5.355277
783$8.35$8.60—$113.0063.77%$5.55$5.752951
2320$7.80$8.05—$114.0063.52%$6.00$6.202112
301203$7.25$7.50—$115.0063.07%$6.45$6.651,366293
247248$6.75$6.9562.86%$116.00—$6.95$7.1531622
4655$6.25$6.4562.44%$117.00—$7.45$7.6513620
3145$5.80$6.0062.26%$118.00—$7.95$8.202676
1584$5.35$5.5561.89%$119.00—$8.50$8.758612
223220$4.95$5.1561.76%$120.00—$9.10$9.352,41112
7247$4.55$4.7561.44%$121.00—$9.70$9.9520911
34109$4.20$4.3561.15%$122.00—$10.35$10.601344
4187$3.85$4.0060.89%$123.00—$10.95$11.251294
6136$3.50$3.7060.68%$124.00—$11.65$11.951230
182273$3.20$3.3560.26%$125.00—$12.35$12.6529366
4785$2.95$3.1060.41%$126.00—$13.10$13.402490
100299$2.69$2.7960.00%$127.00—$13.80$14.1526011
31114$2.45$2.5659.93%$128.00—$14.55$14.907942
9278$2.23$2.3359.79%$129.00—$15.30$15.708811

Forward $115.80. The 25-delta put carries +8.15 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 61.75%±19.82skew +7.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
31120$14.50$14.85—$105.0066.72%$3.70$3.90576460
1416$11.20$11.50—$110.0064.81%$5.35$5.55724270
100$10.55$10.85—$111.0064.57%$5.75$5.9558157
125$9.95$10.25—$112.0063.98%$6.10$6.3512134
140$9.40$9.70—$113.0063.64%$6.55$6.752623
3636$8.85$9.15—$114.0063.35%$7.00$7.2011862
4233$8.30$8.60—$115.0063.11%$7.45$7.70599152
627$7.80$8.0562.51%$116.00—$7.95$8.1010350
5518$7.30$7.5562.14%$117.00—$8.40$8.7023936
14587$6.85$7.0061.61%$118.00—$8.95$9.2513117
8168$6.40$6.6561.72%$119.00—$9.50$9.758921
269274$6.00$6.2061.48%$120.00—$10.10$10.3538846
3618$5.55$5.8061.09%$121.00—$10.70$10.95886
6422$5.20$5.4060.95%$122.00—$11.30$11.5515025
14792$4.80$5.0060.45%$123.00—$11.95$12.2090725
9289$4.50$4.6560.41%$124.00—$12.55$12.8511415
156160$4.15$4.3560.23%$125.00—$13.20$13.5539621
5371$3.85$4.0560.12%$126.00—$13.90$14.25461
24122$3.55$3.7559.86%$127.00—$14.60$14.9527726
43268$3.30$3.4559.68%$128.00—$15.30$15.70505
45228$3.05$3.2059.58%$129.00—$16.10$16.459921

Forward $115.90. The 25-delta put carries +7.14 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 62.65%±22.49skew +7.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$15.30$15.85—$105.0067.06%$4.55$4.8021750
1522$12.05$12.50—$110.0064.95%$6.20$6.5520667
32$11.45$11.95—$111.0064.62%$6.60$6.95031
513$10.90$11.35—$112.0064.36%$7.00$7.40418
10$10.35$10.70—$113.0063.98%$7.40$7.853228
126$9.80$10.25—$114.0063.83%$7.90$8.303347
25526$9.25$9.65—$115.0063.38%$8.35$8.75353124
1012$8.80$9.1063.17%$116.00—$8.85$9.255521
1020$8.25$8.6562.81%$117.00—$9.35$9.75146
524$7.80$8.2062.69%$118.00—$9.90$10.305094
288$7.35$7.6562.09%$119.00—$10.35$10.851235
72140$6.90$7.3062.07%$120.00—$11.00$11.4017928
910$6.50$6.8561.76%$121.00—$11.55$12.001263
1017$6.10$6.4061.33%$122.00—$12.15$12.604226
08$5.70$6.0561.14%$123.00—$12.70$13.25621
269$5.35$5.6560.83%$124.00—$13.35$13.855421
96154$5.10$5.3060.95%$125.00—$14.00$14.557728
227$4.70$5.0060.59%$126.00—$14.65$15.204957
212$4.40$4.6560.30%$127.00—$15.35$15.903960
5269$4.10$4.4060.28%$128.00—$16.05$16.654200
430$3.80$4.1059.95%$129.00—$16.80$17.353840

Forward $115.90. The 25-delta put carries +7.11 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 70.76%±27.86skew +8.07
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
152$51.05$51.45—$65.0093.20%$0.32$0.399556
4189$46.25$46.65—$70.0089.26%$0.50$0.561,708130
3183$41.55$41.95—$75.0086.51%$0.77$0.866,031190
11371$36.95$37.35—$80.0083.90%$1.17$1.261,8851,470
0340$32.55$32.95—$85.0081.59%$1.73$1.824,3281,283
1,018222$28.30$28.70—$90.0079.60%$2.49$2.5931,927751
70151$24.35$24.75—$95.0077.59%$3.45$3.6012,234422
28513$20.65$21.00—$100.0075.88%$4.70$4.9019,3582,345
29295$17.25$17.60—$105.0074.41%$6.30$6.5022,8982,141
1851,029$14.25$14.50—$110.0072.97%$8.20$8.4514,4491,290
194530$11.55$11.80—$115.0071.78%$10.50$10.755,797622
1,5281,693$9.25$9.4570.65%$120.00—$13.15$13.4020,4822,867
9654,003$7.30$7.5069.78%$125.00—$16.15$16.4513,128197
2,0868,214$5.65$5.8568.82%$130.00—$19.45$19.8014,274650
6555,185$4.40$4.5068.31%$135.00—$23.15$23.5010,409178
5,45419,629$3.35$3.4567.81%$140.00—$27.10$27.5018,150131
9455,029$2.54$2.6367.51%$145.00—$31.30$31.7011,62096
3,82932,319$1.90$2.0067.26%$150.00—$35.65$36.1027,542962
3866,885$1.46$1.5367.49%$155.00—$40.20$40.654,08335
55414,364$1.12$1.2168.04%$160.00—$44.95$45.358,386181
1387,942$0.87$0.9168.27%$165.00—$49.70$50.103,533149

Forward $116.05. The 25-delta put carries +8.07 volatility points over the 25-delta call.

2026-12-24(48 days)ATM 68.88%±29.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$17.70$18.10—$105.0072.75%$6.70$6.95—109
1—$14.70$15.10—$110.0071.37%$8.60$8.95—106
03$14.15$14.50—$111.0071.07%$9.00$9.4010754
81$13.60$13.95—$112.0071.01%$9.50$9.855114
50$13.05$13.45—$113.0070.55%$9.90$10.3085
62$12.55$12.90—$114.0070.17%$10.35$10.7501
16661$12.00$12.40—$115.0070.02%$10.85$11.251617
21$11.55$11.90—$116.0069.93%$11.40$11.756114
73$11.05$11.3569.44%$117.00—$11.85$12.3013
02$10.60$10.9069.31%$118.00—$12.40$12.8021
310$10.15$10.4569.11%$119.00—$12.95$13.3520
530$9.70$10.0068.83%$120.00—$13.50$13.9011049
—————$121.00—$14.05$14.5010
01$8.85$9.1068.20%$122.00—$14.65$15.1010
12$8.45$8.7568.14%$123.00—$15.25$15.7040
11$8.10$8.3568.01%$124.00—$15.85$16.3030
1106$7.70$8.0067.80%$125.00—$16.50$16.9593
02$7.35$7.6567.67%$126.00—$17.05$17.6060
—————$127.00—$17.70$18.2505
21$6.65$6.9567.20%$128.00—————
115$6.35$6.6067.00%$129.00—————

Forward $116.15. Not enough surviving quotes on both wings to measure the skew here.

2027-01-15(70 days)ATM 65.30%±33.24skew +6.98
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1421$51.50$52.00—$65.0083.21%$0.69$0.772,81116
3178$46.80$47.35—$70.0080.67%$1.01$1.112,75536
1207$42.25$42.80—$75.0078.29%$1.45$1.551,76996
5238$37.90$38.45—$80.0076.11%$2.03$2.138,1012,608
201281$33.65$34.20—$85.0074.21%$2.78$2.904,16567
51267$29.65$30.20—$90.0072.45%$3.70$3.9016,302180
281,831$25.90$26.35—$95.0071.08%$4.95$5.1010,703237
5782,564$22.45$22.75—$100.0069.60%$6.35$6.6013,519781
44322$19.25$19.60—$105.0068.36%$8.10$8.354,9141,088
452655$16.35$16.75—$110.0067.52%$10.20$10.4513,7811,603
466775$13.75$14.05—$115.0066.49%$12.55$12.8015,7792,798
8333,399$11.45$11.7065.48%$120.00—$15.15$15.4525,751543
4873,012$9.45$9.7064.72%$125.00—$18.15$18.5010,41373
1,1716,691$7.75$7.9564.01%$130.00—$21.35$21.7518,452674
2233,949$6.30$6.5063.47%$135.00—$24.90$25.309,697122
43710,116$5.10$5.3063.10%$140.00—$28.70$29.1017,925172
2523,268$4.10$4.2562.62%$145.00—$32.70$33.158,73533
3,40917,988$3.30$3.4562.49%$150.00—$36.90$37.3515,219347
2267,131$2.65$2.7862.36%$155.00—$41.20$41.704,81920
36512,343$2.12$2.2462.28%$160.00—$45.70$46.207,57612
2125,111$1.69$1.8162.26%$165.00—$50.25$50.806,3226

Forward $116.23. The 25-delta put carries +6.98 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.