Options Skew Analytics

RTX 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 33.35%±8.81skew +2.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$50.15$52.90—$140.00—————
01$45.20$47.90—$145.0076.02%$0.01$0.04271
02$40.25$42.90—$150.00—————
—————$155.0059.11%$0.01$0.043432
30$18.05$20.50—$172.50—————
04$15.50$18.05—$175.00—————
0116$10.60$13.40—$180.0036.06%$0.48$0.634229
915$8.85$10.40—$182.5035.83%$0.84$1.031329
1585$7.05$7.60—$185.0035.07%$1.32$1.584534
13$5.20$5.75—$187.5033.98%$2.02$2.264186
11492$3.70$4.20—$190.0033.64%$2.95$3.35118104
3832$2.43$2.9632.88%$192.50—$4.15$4.6034114
139130$1.53$1.9832.45%$195.00—$5.65$6.158042
13642$1.00$1.3032.97%$197.50—$6.55$8.00612
373399$0.52$0.7431.86%$200.00—$8.55$10.551986
111209$0.29$0.4832.53%$202.50—$10.00$12.754405
—————$205.00—$13.10$15.30152
—————$210.00—$17.25$20.1011
719$0.01$0.0548.13%$225.00—————

Forward $190.80. The 25-delta put carries +2.09 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 31.87%±11.89skew +2.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
022$25.05$28.05—$165.00—————
071$20.30$23.20—$170.00—————
—————$172.5034.58%$0.33$0.444,82775
047$15.90$18.50—$175.0034.26%$0.51$0.686,01675
—————$177.5033.60%$0.75$0.983610
0138$11.35$14.10—$180.0032.88%$1.12$1.341,390286
02$9.60$10.45—$182.5032.45%$1.58$1.92314
34159$7.90$8.40—$185.0031.94%$2.24$2.602,07329
03$6.20$6.75—$187.5031.82%$3.10$3.5529019
281,255$4.70$5.30—$190.0031.80%$4.25$4.6593880
151$3.45$4.3032.03%$192.50—$5.50$5.955510
90840$2.53$2.8730.48%$195.00—$6.95$7.701,0054
27160$1.76$2.3931.47%$197.50—$8.70$9.30271
2022,241$1.23$1.4029.96%$200.00—$9.75$11.656913
1991,658$0.85$1.0430.53%$202.50—$12.60$13.65296
81391$0.60$0.7531.11%$205.00—$13.40$16.0591
—————$207.50—$15.50$18.5570
801,964$0.26$0.3631.65%$210.00—$17.90$20.456150
—————$212.50—$20.30$22.9010
122,685$0.15$0.2133.81%$215.00—————
—————$220.00—$27.70$30.201020

Forward $190.55. The 25-delta put carries +2.49 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 29.65%±13.55skew +2.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$38.85$42.95—$150.00—————
01$25.25$28.05—$165.00—————
—————$170.0032.87%$0.38$0.55295
01$15.85$18.65—$175.0032.17%$0.80$1.11420
04$11.60$14.35—$180.0030.80%$1.55$1.892347
02$8.40$9.25—$185.0029.81%$2.83$3.20353
1612$5.30$6.05—$190.0029.63%$4.85$5.355921
425$3.10$4.0029.76%$195.00—$7.50$8.451344
10158$1.66$2.0028.14%$200.00—$11.05$11.952361
5682$0.81$1.3229.23%$205.00—$15.15$16.202110
—————$210.00—$18.10$21.0530

Forward $190.58. The 25-delta put carries +2.66 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 28.52%±15.06skew +1.12
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$25.30$28.15—$165.00—————
—————$175.0030.58%$1.09$1.4331
—————$180.0029.61%$1.95$2.38280
01$9.05$10.10—$185.0029.10%$3.45$3.802577
418$6.05$6.60—$190.0028.66%$5.45$5.95383
447$3.80$4.3028.16%$195.00—$8.15$8.90351
623$2.11$3.0028.49%$200.00—$11.60$12.3090
32146$1.27$1.7628.59%$205.00—$15.50$16.6535
—————$210.00—$18.65$20.8520

Forward $190.63. The 25-delta put carries +1.12 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 29.10%±17.22skew +1.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$180.0030.05%$2.48$2.9208
—————$185.0029.45%$3.95$4.4550
011$6.70$8.10—$190.0029.16%$6.00$6.6010
03$4.50$5.7529.02%$195.00—$8.80$9.5049
636$2.87$3.9528.94%$200.00—$11.70$13.0510
2316$1.79$2.5928.96%$205.00—$15.85$16.8511
2126$1.00$1.5228.32%$210.00—$18.60$21.4510

Forward $191.10. The 25-delta put carries +1.09 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 28.31%±18.33skew +1.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
082$69.70$72.85—$120.00—————
01,964$64.65$67.90—$125.00—————
0335$59.70$62.85—$130.00—————
0122$55.10$57.85—$135.00—————
0273$50.05$52.95—$140.00—————
076$45.05$48.00—$145.00—————
1159$40.15$43.05—$150.00—————
069$35.30$38.15—$155.00—————
088$30.50$33.35—$160.00—————
160$25.85$28.60—$165.0031.90%$0.69$0.8856715
0191$21.30$24.10—$170.0030.73%$1.15$1.3572861
0189$17.15$19.85—$175.0030.22%$1.99$2.121,10717
1271$13.80$15.90—$180.0029.14%$2.95$3.2592443
6315$10.40$11.80—$185.0028.60%$4.45$4.9068728
11511$7.45$8.05—$190.0028.43%$6.55$7.1596450
392,497$5.15$5.7028.03%$195.00—$9.25$9.851,02418
681,511$3.40$3.9027.75%$200.00—$12.55$13.101,0182
692,754$1.40$1.5827.54%$210.00—$20.45$21.553621
162,238$0.51$0.7328.48%$220.00—$27.95$30.8591115
801,170$0.20$0.3029.41%$230.00—————
—————$240.00—$47.60$50.7520

Forward $190.90. The 25-delta put carries +1.40 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 27.56%±23.11skew +2.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0182$70.30$73.15—$120.00—————
3616$65.35$68.00—$125.00—————
0148$60.55$63.35—$130.00—————
1300$55.60$58.40—$135.00—————
0509$50.75$53.55—$140.00—————
0548$45.90$48.65—$145.00—————
0160$41.10$43.85—$150.00—————
0150$36.30$39.20—$155.00—————
5263$31.75$34.55—$160.0031.53%$0.96$1.2198824
0411$27.30$30.05—$165.0031.66%$1.41$2.111,0670
4468$23.15$24.95—$170.0029.96%$2.15$2.491,0497
0415$19.60$21.80—$175.0028.85%$3.05$3.351,77034
5927$15.90$17.60—$180.0028.18%$4.30$4.652,871830
17418$12.60$14.55—$185.0027.80%$6.00$6.4087322
61615$9.70$10.20—$190.0027.78%$8.10$8.801,55658
52509$7.30$7.7527.34%$195.00—$10.75$11.205497
292,202$5.35$5.7526.99%$200.00—$13.85$14.3089312
542,910$2.69$2.9926.65%$210.00—$20.35$22.259920
5502,998$1.29$1.4326.63%$220.00—$28.25$31.253160
121,984$0.62$0.9028.01%$230.00—$38.75$40.703315
—————$240.00—$47.65$50.9010

Forward $191.51. The 25-delta put carries +2.20 volatility points over the 25-delta call.

2027-02-19(105 days)ATM 29.84%±30.86skew +3.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$75.70$78.70—$115.00—————
012$70.80$73.80—$120.00—————
16,688$66.15$68.95—$125.00—————
051$56.50$59.25—$135.00—————
05$51.75$54.50—$140.00—————
—————$145.0035.09%$0.67$1.09254
0105$42.40$45.25—$150.00—————
05$37.95$40.15—$155.00—————
04$33.65$36.35—$160.0033.50%$1.99$2.831380
025$29.60$32.20—$165.0032.17%$2.87$3.201901
05$25.45$28.20—$170.0031.36%$3.75$4.151571
037$21.95$24.50—$175.0030.92%$5.00$5.403447
537$18.70$20.90—$180.0030.50%$6.50$6.9541422
033$15.55$17.55—$185.0030.24%$8.35$8.854756
7212$12.75$13.40—$190.0030.01%$10.50$11.106114
1156$10.30$12.0529.87%$195.00—$13.00$13.706212
26560$8.25$8.7528.24%$200.00—$15.95$16.704221
2455$5.10$5.4027.90%$210.00—$22.85$23.551980
21945$2.96$3.1527.56%$220.00—$29.15$31.951022
41,518$1.69$1.8527.67%$230.00—$38.20$41.2530
0224$0.30$0.4829.42%$260.00—————

Forward $192.80. The 25-delta put carries +3.36 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.