Options Skew Analytics

RACE option chain

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

Data as of 25 September 2026 (end of day)

2026-10-16(21 days)ATM 27.24%±26.91skew +1.06
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
051$40.80$44.30—$370.0031.42%$0.80$1.252151
—————$375.0030.45%$1.15$1.5541
038$31.60$34.90—$380.0029.61%$1.60$2.003270
—————$385.0028.94%$2.20$2.6531
—————$387.5028.78%$2.60$3.1030
0225$23.30$26.00—$390.0028.50%$3.00$3.603010
—————$392.5028.20%$3.50$4.10610
—————$395.0028.01%$4.10$4.7010
1185$17.20$18.60—$400.0027.59%$5.50$6.102911
0320$11.20$12.00—$410.0027.15%$9.40$10.101121
04$10.00$10.8027.24%$412.50—————
010$8.80$9.6027.10%$415.00—$12.00$12.701010
011$7.70$8.5026.98%$417.50—$13.40$14.10710
3331$6.80$7.5027.02%$420.00—$14.80$15.801640
010$5.90$6.6026.96%$422.50—$16.30$17.50400
014$5.10$5.7026.80%$425.00—$17.90$19.50560
0102$3.80$4.4026.96%$430.00—$21.40$23.60560
01$3.20$3.8026.86%$432.50—————
22$2.80$3.3027.04%$435.00—————
7175$2.00$2.4527.10%$440.00—$29.60$31.90110
6481$1.00$1.4027.64%$450.00—$38.70$41.7020

Forward $411.85. The 25-delta put carries +1.06 volatility points over the 25-delta call.

2026-11-20(56 days)ATM 33.07%±53.55skew +1.93
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$160.50$165.00—$250.00—————
01$121.30$125.30—$290.00—————
01$92.20$95.70—$320.00—————
075$82.60$86.30—$330.00—————
014$73.30$77.00—$340.0037.91%$1.85$3.0060
031$64.80$67.60—$350.0036.50%$2.60$3.90820
025$56.10$58.80—$360.0035.57%$3.80$5.20190
020$47.90$50.50—$370.0034.79%$5.50$6.90130
022$40.30$42.80—$380.0034.15%$7.70$9.20250
055$33.40$35.60—$390.0033.73%$10.60$12.20570
0137$27.60$29.40—$400.0033.28%$14.20$15.80561
0131$22.30$23.50—$410.0033.12%$18.70$20.30230
036$17.50$19.0033.03%$420.00—$23.90$25.50230
071$13.50$14.7032.60%$430.00—$29.80$31.50730
09$10.20$11.4032.44%$440.00—$36.50$38.902040
142$7.60$8.6032.23%$450.00—————
068$5.50$6.8032.43%$460.00—————
083$4.00$5.2032.57%$470.00—————
073$2.85$4.0032.75%$480.00—————
031$2.00$3.0032.84%$490.00—————
011$1.55$2.4033.62%$500.00—————

Forward $413.42. The 25-delta put carries +1.93 volatility points over the 25-delta call.

2026-12-18(84 days)ATM 31.88%±63.46skew +1.70
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$104.00$107.20—$310.0039.40%$1.40$2.157630
021$94.50$97.80—$320.0037.71%$1.75$2.652530
071$85.10$88.40—$330.0036.64%$2.50$3.301,3260
0104$76.10$79.40—$340.0035.45%$3.30$4.203180
062$67.50$70.80—$350.0034.59%$4.50$5.401800
082$59.00$62.30—$360.0033.92%$6.00$7.104160
0364$51.50$54.50—$370.0033.35%$8.00$9.202810
079$44.30$47.00—$380.0033.01%$10.70$11.802800
069$38.00$40.10—$390.0032.67%$13.90$15.00540
0369$32.30$33.90—$400.0032.44%$17.80$18.801681
0129$27.00$28.30—$410.0032.13%$22.10$23.30390
0172$22.20$23.4031.87%$420.00—$27.20$28.60590
0235$18.00$19.2031.67%$430.00—$33.10$34.40240
2298$14.40$15.6031.50%$440.00—$39.60$41.2060
1272$11.40$12.6031.40%$450.00—$46.40$48.80470
066$9.00$10.0031.31%$460.00—$54.00$56.9030
0298$7.00$8.1031.40%$470.00—$62.30$64.6020
070$5.40$6.4031.39%$480.00—————
054$4.10$5.1031.44%$490.00—————
0585$3.20$4.1031.71%$500.00—$88.60$92.10300
014$2.45$3.4032.07%$510.00—————

Forward $415.00. The 25-delta put carries +1.70 volatility points over the 25-delta call.

2027-02-19(147 days)ATM 32.37%±85.98skew +1.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$100.00$103.00—$320.0035.81%$4.20$5.30990
01$91.50$94.30—$330.0035.21%$5.40$6.60120
—————$340.0034.88%$7.20$8.1020
—————$350.0034.07%$8.80$9.80381
02$67.50$70.70—$360.0033.57%$11.10$11.80211
01$60.40$63.20—$370.0033.37%$13.70$14.7070
01$54.00$56.40—$380.0033.16%$16.80$17.90600
093$48.00$49.90—$390.0032.80%$20.40$21.2020
07$42.50$43.90—$400.0032.71%$24.40$25.5080
014$37.30$38.40—$410.0032.46%$29.00$29.8001
0114$32.60$33.8032.59%$420.00—$34.10$35.30100
237$28.00$29.3032.28%$430.00—$40.00$40.7061
113$24.00$25.1031.98%$440.00—$45.80$47.1081
052$20.50$21.5031.80%$450.00—————
24$17.40$18.8031.88%$460.00—————
012$14.80$16.1031.85%$470.00—$66.80$69.3060
04$12.50$13.7031.79%$480.00—$73.80$77.5010
08$10.50$11.4031.60%$490.00—————
035$8.80$9.8031.68%$500.00—————
02$7.30$8.3031.65%$510.00—————
15$6.10$7.3031.91%$520.00—————

Forward $418.47. The 25-delta put carries +1.77 volatility points over the 25-delta call.

2027-06-17(265 days)ATM 32.75%±117.57skew +1.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$116.00$118.60—$310.0035.82%$8.20$9.30110
01$108.00$110.80—$320.0035.43%$10.00$11.0010810
—————$330.0035.07%$12.00$13.003615
—————$340.0034.65%$14.10$15.307845
—————$350.0034.41%$16.80$17.9023315
—————$360.0034.09%$19.50$20.90350
01$72.00$75.60—$370.0033.85%$22.80$24.10340
023$65.90$68.70—$380.0033.68%$26.50$27.70275
069$60.40$62.90—$390.0033.42%$30.30$31.60240
0218$55.10$57.10—$400.0033.25%$34.60$35.901120
028$50.10$51.80—$410.0033.10%$39.20$40.6090
031$45.30$47.00—$420.0032.97%$44.20$45.60100
014$41.10$42.6032.88%$430.00—$49.60$51.20150
6115$37.00$38.5032.72%$440.00—————
030$33.30$34.7032.59%$450.00—$61.50$63.1010
016$29.90$31.3032.50%$460.00—————
07$26.80$28.2032.44%$470.00—————
014$24.00$25.4032.40%$480.00—————
013$21.50$22.8032.36%$490.00—————
014$19.20$20.5032.34%$500.00—————
016$15.30$16.6032.37%$520.00—————

Forward $421.29. The 25-delta put carries +1.71 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.