Options Skew Analytics

PWR option chain

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

Data as of 9 November 2026 (end of day)

2026-11-20(11 days)ATM 59.33%±61.20skew +5.05
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$103.20$109.80—$490.00—————
1108$94.00$100.10—$500.0071.84%$1.95$3.20900367
23111$84.00$90.80—$510.0069.72%$2.55$4.002016
088$76.00$82.00—$520.00—————
235$66.50$73.50—$530.0066.99%$4.90$6.306571
214768$59.00$65.00—$540.0065.57%$6.50$7.90173135
160$50.60$56.90—$550.0064.26%$8.40$10.0050618
144145$44.50$50.40—$560.0063.13%$10.90$12.5085614
1393$37.40$42.50—$570.0063.60%$13.80$16.8094450
39581$29.70$35.00—$580.0063.00%$17.60$20.603,13949
49125$24.00$28.50—$590.0058.85%$20.60$23.5023012
131303$20.30$23.2059.43%$600.00—$24.70$30.10372113
266175$15.80$19.0058.81%$610.00—$30.50$34.20555136
270334$12.10$14.3056.96%$620.00—$36.50$40.20491104
247295$9.30$10.7056.04%$630.00—$42.00$49.001673
28438$6.80$10.6059.20%$640.00—$50.00$56.502021
40217$4.80$6.9056.17%$650.00—$57.80$64.0013115
8296$3.10$4.6053.95%$660.00—$66.20$72.70127100
—————$670.00—$75.40$81.80910
—————$680.00—$83.30$90.90738
—————$690.00—$93.00$100.00320

Forward $594.21. The 25-delta put carries +5.05 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 52.45%±102.17skew +7.30
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
189$102.60$108.70—$500.0057.36%$8.90$10.2079322
01$94.00$100.10—$510.0056.58%$10.60$12.00719
0105$86.40$92.40—$520.0054.43%$10.70$14.40694
08$78.20$86.00—$530.0055.02%$14.70$16.40792
124$71.60$77.20—$540.0054.16%$17.10$19.002582
118$65.80$71.60—$550.0053.08%$19.40$22.009274
6247$58.90$63.90—$560.0053.77%$24.20$25.604836
229$52.80$57.80—$570.0054.14%$28.00$30.60143
61149$46.80$51.70—$580.0052.97%$32.00$33.9025563
65198$41.20$47.00—$590.0052.91%$36.40$39.20111
4963$37.40$40.4052.73%$600.00—$41.20$44.701420
424$32.70$35.4052.01%$610.00—$46.50$48.10904
3103$28.40$30.7051.25%$620.00—$50.50$56.004600
3527$24.40$27.7051.32%$630.00—$55.90$62.0070
46189$20.90$22.5049.75%$640.00—$62.60$68.001130
25116$17.80$19.3049.30%$650.00—$69.60$75.0060
42109$14.30$16.1048.04%$660.00—$75.70$82.001400
112$10.40$14.2046.86%$670.00—$82.70$89.9070
646$8.40$11.9046.35%$680.00—$91.90$97.80300
116$7.70$10.9047.76%$690.00—$100.50$105.9040
38425$6.70$8.2046.90%$700.00—$107.90$114.601320

Forward $595.93. The 25-delta put carries +7.30 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 50.30%±128.86skew +6.73
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
025$160.00$168.00—$440.00—————
038$152.00$159.30—$450.0056.78%$6.60$8.301372
022$143.20$150.90—$460.0055.29%$6.40$10.20240
027$135.00$140.60—$470.0055.64%$9.30$11.10540
06$126.50$133.90—$480.0054.75%$10.90$12.404372
014$119.30$125.70—$490.0054.55%$12.80$14.601120
240$111.90$117.90—$500.0053.71%$13.20$17.901463
092$96.70$102.20—$520.0052.81%$19.50$21.402,3840
077$82.80$88.70—$540.0052.93%$24.80$29.701850
13754$70.00$75.10—$560.0052.32%$33.30$35.9066180
2574$57.60$62.60—$580.0051.13%$41.40$43.7020475
18603$48.70$51.9050.58%$600.00—$50.90$53.702560
1137$39.60$43.2050.04%$620.00—$61.60$65.10730
10964$31.60$33.4048.34%$640.00—$71.50$77.003650
4260$24.90$26.7047.68%$660.00—$84.30$90.001570
454$17.40$21.2046.05%$680.00—$98.40$105.00530
16468$14.30$16.2046.08%$700.00—$114.20$120.001550
086$8.80$12.2044.01%$720.00—$130.90$136.90140
0234$5.90$9.7043.63%$740.00—$148.00$154.00280
2050$5.60$8.3043.93%$750.00—$156.90$163.0060
—————$760.00—$165.00$172.001350

Forward $597.98. The 25-delta put carries +6.73 volatility points over the 25-delta call.

2027-02-19(102 days)ATM 50.91%±161.79skew +8.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$137.30$142.90—$480.0055.80%$18.50$21.40320
01$129.70$135.60—$490.0055.83%$21.80$23.70662
03$122.50$128.00—$500.0055.60%$24.80$26.306250
02$109.70$114.00—$520.0054.95%$30.70$32.508711
03$95.30$100.70—$540.0054.00%$37.20$39.203611
010$84.10$90.00—$560.0053.87%$44.70$48.50102
06$72.50$78.00—$580.0052.27%$51.00$57.404230
14$65.70$73.40—$590.0051.87%$55.90$61.70691
47$63.30$67.00—$600.0051.72%$60.90$67.001140
07$57.40$62.9051.17%$610.00—$66.50$72.002880
08$52.20$59.6051.04%$620.00—$71.70$77.60110
02$48.70$54.2050.57%$630.00—$77.10$83.0060
04$45.30$49.8050.35%$640.00—$83.30$89.0015100
038$41.90$45.5050.00%$650.00—$90.20$96.0090
0115$37.30$41.9049.27%$660.00—$94.50$103.801040
09$32.50$38.5048.34%$670.00—$102.30$109.0020
111$29.50$36.0048.37%$680.00—$108.70$116.0030
19$27.80$33.4048.74%$690.00—————
030$25.20$30.0048.23%$700.00—$124.40$130.0030
17$22.50$27.3047.80%$710.00—$131.40$138.0030
052$19.50$24.2046.86%$720.00—$139.80$145.0040

Forward $601.21. The 25-delta put carries +8.09 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 50.71%±182.48skew +7.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$172.70$181.80—$440.0058.18%$15.10$19.50120
05$166.70$172.30—$450.0056.47%$14.90$21.60190
01$158.70$166.00—$460.0056.48%$17.50$24.0020
02$151.20$157.00—$470.0056.97%$21.80$26.0041
01$143.70$149.70—$480.0055.67%$22.10$29.0080
04$136.90$144.00—$490.0056.22%$26.40$32.00140
018$129.50$136.70—$500.0055.10%$30.20$32.40531
04$117.10$122.50—$520.0054.46%$34.50$41.00260
159$105.20$109.70—$540.0053.63%$41.70$47.80900
117$93.00$97.80—$560.0053.40%$50.60$56.00860
050$81.70$86.60—$580.0052.80%$59.40$65.00380
21102$72.20$76.50—$600.0051.87%$68.90$74.00770
116$62.40$67.0050.95%$620.00—$79.60$85.00970
1129$54.00$59.1050.53%$640.00—$90.20$96.00560
077$46.20$51.2049.77%$660.00—$102.80$109.00490
047$39.00$45.5049.49%$680.00—$115.80$122.00440
202399$33.60$37.9048.64%$700.00—$130.60$136.00650
043$27.00$33.2047.90%$720.00—$145.50$151.00240
032$23.00$30.0048.33%$740.00—$161.10$166.2060
630$21.60$25.9047.58%$750.00—$167.50$174.9050
020$19.30$24.1047.29%$760.00—$175.80$182.7070

Forward $602.94. The 25-delta put carries +7.17 volatility points over the 25-delta call.

2027-05-21(193 days)ATM 51.24%±225.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$500.0054.91%$39.80$46.6020
—————$510.0054.06%$41.80$50.0010
—————$520.0053.75%$45.00$54.0040
01$126.10$132.50—$530.0053.57%$49.00$57.9010
—————$540.0054.04%$56.10$61.0030
01$114.60$122.10—$550.0052.98%$57.00$66.0020
01$108.40$117.00—$560.0053.02%$62.60$70.0010
01$104.00$110.50—$570.00—————
01$98.80$105.60—$580.0052.91%$73.30$79.00770
1027$95.20$99.70—$590.0052.74%$78.30$84.0040
05$89.00$95.80—$600.0052.45%$83.20$89.0040
01$83.60$92.0052.20%$610.00—————
—————$620.00—$91.60$99.60130
14$72.40$78.8051.83%$640.00—$103.70$111.0080
04$67.10$75.0051.24%$650.00—————
04$64.50$71.6051.47%$660.00—$115.30$123.4050
01$60.30$67.9051.06%$670.00—————
07$56.00$64.8050.72%$680.00—$128.00$137.0030
01$52.80$61.9050.67%$690.00—$134.40$142.7030
09$50.00$55.8049.71%$700.00—$141.20$149.8030
01$46.60$55.7050.27%$710.00—$148.20$156.9030

Forward $606.44. Not enough surviving quotes on both wings to measure the skew here.

2027-06-17(220 days)ATM 50.81%±240.30skew +4.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$450.0054.24%$26.00$32.70510
—————$460.0054.30%$28.00$37.00820
—————$470.0054.07%$31.00$39.90270
—————$480.0054.68%$36.00$43.401120
—————$490.0054.51%$39.50$46.70100
02$149.50$156.20—$500.0053.45%$41.50$49.20180
21$137.40$144.40—$520.0052.96%$48.80$56.50120
—————$540.0053.26%$58.90$64.80471
01$115.00$121.10—$560.0052.98%$67.90$73.70280
610$105.50$110.60—$580.0052.47%$77.00$83.004380
841$96.00$101.70—$600.0052.04%$86.90$93.00200
496$86.90$91.6051.24%$620.00—$97.60$103.00340
118$77.50$83.4050.57%$640.00—$108.50$115.00200
216$71.60$76.2050.82%$660.00—$120.80$127.20170
1342$64.30$68.5050.24%$680.00—$133.10$139.0040
34282$57.60$61.4049.70%$700.00—$146.50$153.0060
013$51.50$57.0049.79%$720.00—$160.30$167.00100
033$46.60$50.0049.22%$740.00—$174.20$182.8070
05$41.60$50.0049.11%$750.00—$181.30$190.5080
03$40.30$47.8049.37%$760.00—$189.00$197.8070
019$38.70$45.4049.43%$770.00—$197.00$205.5030

Forward $609.13. The 25-delta put carries +4.01 volatility points over the 25-delta call.

2027-09-17(312 days)ATM 49.59%±282.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$450.0054.27%$36.00$45.00220
01$190.00$199.00—$460.0053.95%$39.00$48.0080
019$184.00$193.00—$470.0053.62%$42.00$51.2050
060$178.00$187.00—$480.0053.39%$45.00$55.0040
06$172.00$181.00—$490.0053.21%$49.00$58.2080
097$165.50$174.00—$500.0053.11%$53.00$62.00560
03$155.00$163.00—$520.0052.80%$61.00$70.0090
014$144.00$152.00—$540.0052.38%$69.00$78.70140
04$133.00$142.00—$560.0051.88%$78.10$87.0030
02$123.00$131.00—$580.0051.49%$88.00$96.0020
25$114.00$120.20—$600.0051.79%$100.80$106.001851
04$105.00$113.0050.99%$620.00—$109.00$117.0040
014$96.00$104.0050.29%$640.00—$120.00$129.4010
015$88.00$97.0050.07%$660.00—$132.00$141.2080
04$81.00$89.0049.63%$680.00—$144.00$153.4010
03$74.00$83.0049.45%$700.00—————
03$67.10$77.0049.10%$720.00—————
03$61.80$71.0048.92%$740.00—————
02$59.00$69.0048.97%$750.00—————
01$51.00$60.4048.32%$780.00—————
05$49.00$58.0048.29%$790.00—————

Forward $615.85. Not enough surviving quotes on both wings to measure the skew here.

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.