Options Skew Analytics

PH option chain

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

Data as of 23 September 2026 (end of day)

2026-11-20(58 days)ATM 31.49%±122.94skew +2.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
015$124.60$131.00—$860.0033.16%$8.00$12.70525
065$116.20$123.00—$870.0032.96%$9.90$14.20384
062$108.20$115.00—$880.0032.60%$11.80$15.80481
113$100.50$107.00—$890.0031.46%$14.00$15.80542
035$92.10$99.00—$900.0031.93%$15.40$20.60180
04$85.90$92.00—$910.0031.68%$18.70$22.40272
019$78.90$85.00—$920.0031.41%$20.30$26.40290
012$71.60$78.00—$930.0031.92%$24.50$30.50171
018$65.80$72.00—$940.0031.75%$28.10$34.00801
012$59.80$66.00—$950.0030.73%$30.60$36.7061
016$53.90$60.00—$960.0031.46%$36.30$42.00351
013$48.40$55.00—$970.0031.07%$39.60$47.00230
0105$44.60$50.0030.77%$980.00—$44.60$51.20480
0117$41.40$46.9031.67%$990.00—$49.90$56.0016312
065$35.60$41.0030.61%$1,000.00—$55.50$62.201920
1124$31.70$37.0030.58%$1,010.00—$61.40$67.801610
1136$28.30$32.4030.31%$1,020.00—$67.70$73.9040
111$24.20$29.2030.06%$1,030.00—$74.20$80.0050
039$20.90$25.7029.77%$1,040.00—$81.00$86.9040
184$16.20$18.8029.27%$1,060.00—$96.00$102.50530
0301$10.70$16.1029.29%$1,080.00—$111.50$118.7020

Forward $979.40. The 25-delta put carries +2.41 volatility points over the 25-delta call.

2027-02-19(149 days)ATM 29.47%±185.80skew +0.63
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$131.30$139.00—$880.0029.31%$24.60$32.0010
02$124.60$133.00—$890.0029.25%$27.50$35.0040
04$117.90$126.00—$900.0029.33%$30.40$39.00110
08$111.40$119.00—$910.0029.26%$34.10$42.00150
010$105.80$112.00—$920.0029.09%$37.40$45.4010
013$99.80$106.00—$930.0029.02%$41.30$49.0030
013$93.40$101.00—$940.0029.19%$46.40$53.00140
013$88.50$94.00—$950.0028.95%$51.00$56.00110
112$83.30$89.00—$960.0028.90%$55.60$60.30632
09$77.60$84.80—$970.0028.98%$59.50$66.4020
02$72.70$80.00—$980.0029.70%$67.70$71.8010
04$67.90$75.0029.52%$990.00—$72.10$77.0010
075$63.30$71.0029.55%$1,000.00—$77.40$82.90170
02$58.90$66.0029.34%$1,010.00—$80.70$87.8020
015$55.00$61.8029.30%$1,020.00—$86.40$93.9070
011$50.90$57.7029.17%$1,030.00—$92.50$99.8030
053$47.00$53.9029.06%$1,040.00—$98.80$106.0020
58$46.10$50.2029.51%$1,050.00—$106.30$112.0030
07$40.50$47.4029.09%$1,060.00—$112.80$117.8041
092$36.90$42.4028.54%$1,070.00—$119.50$126.001000
04$33.00$41.0028.62%$1,080.00—$125.60$134.00500

Forward $986.85. The 25-delta put carries +0.63 volatility points over the 25-delta call.

2027-05-21(240 days)ATM 29.35%±236.76skew +1.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$243.90$250.30—$760.0030.07%$10.60$17.30—0
—————$780.0029.99%$14.40$20.1010
—————$790.0029.47%$14.50$22.0010
—————$800.0029.60%$17.00$24.0020
—————$810.0029.21%$17.80$26.0010
—————$840.0029.07%$24.80$33.0050
—————$860.0029.12%$31.40$38.0070
010$127.60$136.00—$920.00—————
—————$980.0028.68%$77.60$86.00150
30$88.40$92.5029.69%$1,000.00—————
—————$1,030.00—$105.60$112.90012
06$69.20$75.6029.04%$1,040.00—————
897$65.60$71.3028.93%$1,050.00—————
0—$54.60$60.4028.61%$1,080.00—$137.40$143.00—0
0—$48.00$54.1028.43%$1,100.00—$151.40$157.00—0
0—$42.00$47.9028.19%$1,120.00—$164.90$173.20—0
0—$37.00$42.9028.15%$1,140.00—$181.00$188.80—0
0—$32.00$37.4027.84%$1,160.00—$197.00$204.00—0
0—$28.00$32.8027.70%$1,180.00—$213.40$219.70—0
0—$24.10$29.1027.59%$1,200.00—$229.00$237.70—0
0—$20.20$25.4027.30%$1,220.00—$246.70$254.20—0

Forward $994.92. The 25-delta put carries +1.43 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.