Options Skew Analytics

RCL option chain

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

Data as of 9 November 2026 (end of day)

2026-11-13(4 days)ATM 47.37%±16.81skew +2.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
533$33.90$36.20—$305.00—————
414$31.40$34.40—$307.50—————
355$29.00$32.00—$310.00—————
218$26.80$29.70—$312.50—————
957$24.40$27.30—$315.00—————
1659$22.00$25.10—$317.50—————
669$19.60$22.80—$320.0051.92%$1.15$1.50345
47$17.40$20.70—$322.50—————
1108$15.70$18.70—$325.0050.59%$2.05$2.203424
1113$13.90$16.10—$327.5050.97%$2.35$3.20966
8178$11.80$13.80—$330.0048.68%$2.95$3.5035563
027$10.40$13.20—$332.5049.75%$3.30$5.10335
2849$9.10$11.60—$335.0049.17%$4.60$5.60124
264$7.60$8.50—$337.5048.68%$5.60$6.70124
14870$5.90$6.5047.20%$340.00—$6.50$7.90165
4017$5.10$7.0053.95%$342.50—$7.90$9.10034
4754$4.10$5.3051.22%$345.00—————
6523$3.20$4.1049.59%$347.50—————
160154$2.50$3.0047.98%$350.00—————
418$1.70$2.3046.37%$352.50—$13.10$16.5010
263$1.20$2.0047.01%$355.00—————

Forward $339.00. The 25-delta put carries +2.99 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 43.94%±25.93skew +5.14
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
57$32.90$36.10—$307.50—————
3161$31.10$34.00—$310.00—————
0—$28.90$31.60—$312.50—————
095$26.70$29.70—$315.0047.87%$2.10$3.20929
0—$24.40$27.40—$317.5049.18%$2.75$4.00—0
14370$22.50$25.50—$320.0047.07%$3.10$4.1011548
0—$20.80$23.40—$322.5049.49%$3.70$5.70—1
13142$18.70$21.10—$325.0045.71%$3.90$5.5012326
0—$17.20$19.20—$327.5045.75%$5.00$6.00—2
81,073$15.30$17.80—$330.0046.54%$5.60$7.5043150
3—$13.80$16.00—$332.5045.32%$6.60$7.90—5
5161$12.60$13.80—$335.0043.97%$7.30$8.703352
1—$10.90$12.10—$337.5043.99%$8.60$9.70—16
193254$9.80$10.8044.02%$340.00—$9.80$11.001114
4—$8.50$9.6043.64%$342.50—$11.00$12.20—40
8—$7.30$8.5043.26%$345.00—$12.30$13.90—0
11—$6.40$7.6043.57%$347.50—$14.00$15.20—3
61146$5.50$6.4042.81%$350.00—$15.30$17.00100
3—$3.90$5.7044.50%$355.00—$18.50$20.50—0
366$2.80$4.3044.35%$360.00—————
0—$1.85$2.8042.62%$365.00—$25.50$28.40—0

Forward $339.90. The 25-delta put carries +5.14 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 41.42%±31.32skew +4.80
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$34.30$37.20—$307.50—————
09$32.40$34.90—$310.00—————
0—$30.00$32.80—$312.50—————
012$28.20$30.70—$315.00—————
0—$26.20$28.80—$317.5044.58%$3.80$5.40—0
053$24.00$27.10—$320.0043.24%$4.40$5.50191
0—$22.20$25.20—$322.50—————
1234$21.00$22.90—$325.0042.04%$4.70$7.60350
0—$19.00$21.70—$327.5041.48%$6.00$7.70—0
1220$17.00$19.90—$330.0041.76%$7.20$8.5070
0—$15.70$17.60—$332.5041.75%$8.20$9.50—0
110$14.00$17.00—$335.0042.33%$9.10$11.10142
0—$12.10$14.20—$337.5038.76%$9.00$11.40—6
218$11.60$13.00—$340.0040.15%$10.90$12.8030
1—$10.40$12.7041.57%$342.50—$11.60$14.40—0
127$8.80$10.7039.22%$345.00—————
1—$7.90$9.5039.10%$347.50—$15.50$16.60—0
023$7.10$8.4039.04%$350.00—————
212$5.50$6.6038.82%$355.00—————
437$4.10$5.1038.44%$360.00—$22.80$25.7030
21$3.00$4.0038.40%$365.00—————

Forward $340.45. The 25-delta put carries +4.80 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 41.28%±36.78skew +3.42
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$79.10$82.60—$260.00—————
10$75.00$77.80—$265.00—————
01$64.90$68.10—$275.00—————
04$60.00$63.40—$280.00—————
01$50.90$54.10—$290.00—————
031$46.90$49.50—$295.00—————
210$41.40$45.00—$300.00—————
018$38.00$40.70—$305.00—————
182$33.40$36.50—$310.00—————
0163$29.70$32.50—$315.0043.26%$4.70$6.10220
041$25.70$28.60—$320.00—————
029$22.60$24.80—$325.0042.59%$7.40$9.20180
860$19.70$21.10—$330.0041.34%$9.00$10.60571
9103$15.90$18.60—$335.0040.86%$11.00$12.60420
926$14.00$14.60—$340.00—————
220$11.50$13.7041.36%$345.00—————
22$9.60$10.8040.25%$350.00—————
012$6.40$9.9039.35%$355.00—————
12$5.80$8.0040.13%$360.00—————
034$4.90$6.6040.59%$365.00—————
02$3.90$5.0039.84%$370.00—————

Forward $340.46. The 25-delta put carries +3.42 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 40.74%±41.17skew +3.84
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$98.60$102.70—$240.00—————
05$89.20$92.70—$250.00—————
02$84.00$88.00—$255.00—————
01$79.50$82.90—$260.00—————
01$74.30$78.40—$265.00—————
01$60.50$63.90—$280.00—————
01$56.10$59.30—$285.00—————
1672$51.30$54.80—$290.00—————
11$42.80$46.10—$300.00—————
35$34.50$38.00—$310.0044.16%$4.30$7.10109
01$30.60$34.20—$315.00—————
01$26.80$30.70—$320.0042.51%$6.70$9.40160
129$24.40$27.30—$325.0042.53%$8.50$11.103628
038$20.20$24.00—$330.0040.75%$9.70$12.5030
12$17.70$21.30—$335.00—————
2033$15.60$18.50—$340.0040.97%$14.90$16.70058
31$13.20$16.0040.63%$345.00—————
72$10.90$13.7040.06%$350.00—————
2020$9.00$12.0040.17%$355.00—————
03$7.10$10.3039.70%$360.00—————
30$3.80$5.6038.67%$375.00—————

Forward $341.25. The 25-delta put carries +3.84 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 40.08%±44.70skew +5.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$128.80$132.30—$210.00—————
039$119.00$122.50—$220.00—————
043$109.20$112.60—$230.00—————
151$99.90$102.90—$240.00—————
1306$89.90$93.20—$250.00—————
0122$80.40$83.50—$260.00—————
0266$71.50$74.10—$270.0049.20%$1.20$1.952,55874
2228$61.60$64.90—$280.0048.59%$2.05$2.952,89416
0743$53.00$56.00—$290.0046.32%$2.95$3.904257
38342$44.30$47.20—$300.0044.37%$4.20$5.3037437
5280$36.80$39.50—$310.0043.14%$6.10$7.40661163
12242$29.30$32.50—$320.0041.87%$8.70$10.0038227
17676$22.90$25.10—$330.0041.13%$12.20$13.6019670
31316$17.60$19.20—$340.0040.32%$16.50$18.005728
11269$13.00$14.5039.72%$350.00—$21.80$23.3070
11138$9.20$10.2038.49%$360.00—————
12639$6.40$7.0037.78%$370.00—————
178332$4.30$4.8037.42%$380.00—$42.10$45.2060
2210$2.70$3.3037.11%$390.00—————
12109$1.65$2.1536.72%$400.00—————
2202$1.00$1.5036.94%$410.00—————

Forward $341.15. The 25-delta put carries +5.36 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 39.48%±57.62skew +3.68
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0100$119.80$123.20—$220.00—————
091$110.40$113.40—$230.00—————
4145$100.50$103.80—$240.00—————
8563$91.00$94.50—$250.0049.98%$1.60$2.5083910
0257$82.20$85.20—$260.0049.16%$2.35$3.5066520
1460$73.10$76.10—$270.0046.74%$3.10$4.2040320
5241$64.40$67.50—$280.0045.16%$4.40$5.2043621
4240$55.90$58.50—$290.0043.99%$5.80$7.0027651
8474$48.00$51.00—$300.0042.82%$7.80$9.001854
8712$41.00$43.80—$310.0041.94%$10.40$11.601601
7248$33.90$36.90—$320.0040.85%$13.40$14.701643
111,119$27.70$30.80—$330.0040.13%$17.20$18.601461
12270$22.10$24.10—$340.0039.50%$21.80$23.108711
153,337$18.10$19.4039.47%$350.00—$27.00$28.505817
7347$13.80$16.4039.54%$360.00—$33.10$34.9020
2575$10.90$12.7039.14%$370.00—————
0384$8.30$9.7038.62%$380.00—$46.10$48.9002
11226$6.10$7.5038.26%$390.00—————
1370$4.60$5.7038.16%$400.00—————
1249$3.20$4.5038.05%$410.00—————
11123$2.40$3.1037.61%$420.00—————

Forward $340.65. The 25-delta put carries +3.68 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 41.86%±85.44skew +3.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
086$104.30$107.50—$240.0048.22%$3.80$4.701931
183$95.70$98.80—$250.0048.41%$4.90$6.801,2685
0183$87.40$90.50—$260.0046.59%$6.30$7.604720
0119$79.20$82.10—$270.0045.87%$8.20$9.301,39318
0108$71.30$74.50—$280.0045.58%$10.00$12.203080
0111$64.10$66.90—$290.0045.21%$12.70$14.904071
2696$57.10$60.10—$300.0043.85%$15.30$17.2015,52030
1344$50.20$53.50—$310.0043.51%$18.50$21.00826
5148$44.30$47.40—$320.0042.64%$22.30$24.307818
5142$38.90$41.80—$330.0041.94%$26.30$28.5021017
164$34.00$35.10—$340.0042.07%$31.00$34.20410
5145$28.80$31.3041.82%$350.00—$35.80$38.80251
4107$25.00$27.7042.02%$360.00—$41.60$44.4041
0172$21.00$22.7040.69%$370.00—$47.90$50.3040
1101$17.70$19.4040.35%$380.00—$54.30$57.7010
074$14.50$17.4040.43%$390.00—$61.60$64.7030
129$12.10$14.8040.19%$400.00—————
610$10.10$12.6040.06%$410.00—————
012$8.10$10.8039.80%$420.00—————
05$6.70$9.4039.95%$430.00—————
030$5.30$8.1039.81%$440.00—————

Forward $341.98. The 25-delta put carries +3.78 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.