Options Skew Analytics

SBUX 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 36.34%±4.16skew +1.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
225$10.80$12.50—$98.00—————
020$9.80$11.40—$99.00—————
8113$9.40$10.45—$100.0039.75%$0.02$0.03424139
4197$7.85$9.60—$101.00—————
8168$7.15$8.75—$102.0039.09%$0.07$0.09868463
1204$6.15$7.50—$103.00—————
18318$5.25$6.60—$104.00—————
9333$4.75$5.60—$105.0036.47%$0.27$0.3423184
33302$3.60$4.75—$106.0035.35%$0.40$0.50314366
154203$3.10$3.35—$107.0035.33%$0.62$0.7714890
402407$2.40$2.57—$108.0035.41%$0.94$1.12125159
292102$1.74$1.90—$109.0036.26%$1.41$1.5817151
1,142280$1.21$1.4936.39%$110.00—$1.87$2.097895
206112$0.80$0.9333.95%$111.00—$2.51$2.7613
473206$0.51$0.6133.38%$112.00—$3.25$3.5011
131129$0.31$0.4233.62%$113.00—————
28682$0.18$0.2533.18%$114.00—————
30,35446$0.11$0.1433.13%$115.00—$5.50$7.6521
562$0.01$0.0632.78%$117.00—————
—————$118.00—$8.10$10.1550
—————$120.00—$9.85$12.5590

Forward $109.33. The 25-delta put carries +1.94 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 29.48%±5.60skew +0.68
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
034$9.80$11.45—$99.0033.34%$0.08$0.133269
564,346$9.55$10.15—$100.0033.58%$0.15$0.185,055300
1206$8.00$9.40—$101.0031.82%$0.15$0.24225178
2461$7.20$8.50—$102.0031.87%$0.26$0.3263119
190$6.70$7.55—$103.0031.71%$0.38$0.441444
12,760$5.85$6.60—$104.0031.07%$0.50$0.5927135
1903,034$5.00$5.65—$105.0031.03%$0.70$0.801,276192
22246$4.20$4.95—$106.0030.69%$0.93$1.057255
51229$3.55$3.75—$107.0030.78%$1.26$1.3720046
381,135$2.88$3.05—$108.0030.45%$1.58$1.7738314
249960$2.31$2.61—$109.0030.17%$2.03$2.1815148
5163,513$1.81$1.9528.83%$110.00—$2.54$2.70623632
231573$1.39$1.5328.66%$111.00—$3.10$3.35320
63—$1.05$1.2629.15%$112.00—$3.75$4.25—13
88—$0.74$1.1230.01%$113.00—$4.45$4.75—5
—————$114.00—$4.90$7.20—0
1622,101$0.40$0.5028.57%$115.00—$5.65$6.851647
24—$0.25$0.4028.70%$116.00—$6.45$8.40—0
—————$117.00—$7.10$9.75—0
—————$118.00—$8.20$10.35—0
—————$119.00—$9.20$10.85—0

Forward $109.36. The 25-delta put carries +0.68 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 28.03%±6.80skew +0.98
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$12.80$14.90—$96.00—————
018$11.80$13.45—$97.00—————
014$11.00$12.55—$98.0031.96%$0.15$0.25782
03$9.85$11.55—$99.00—————
095$9.10$10.50—$100.00—————
013$7.90$9.70—$101.00—————
220$7.25$8.70—$102.0030.07%$0.47$0.642750
036$6.45$7.65—$103.0028.33%$0.56$0.69621
266$6.05$6.60—$104.0028.20%$0.77$0.871235
2175$5.25$6.05—$105.0027.90%$0.99$1.1024026
2250$4.60$5.05—$106.0027.76%$1.25$1.41462
734$3.75$4.20—$107.0027.54%$1.58$1.74803
587$3.25$3.65—$108.0027.52%$1.97$2.16010
6024$2.76$2.94—$109.0028.23%$2.41$2.7925
37207$2.25$2.4227.78%$110.00—$2.91$3.152211
1104$1.81$2.2128.73%$111.00—————
1137$1.43$1.6127.31%$112.00—————
80$1.13$1.2827.17%$113.00—————
19114$0.66$0.7926.92%$115.00—————
—————$116.00—$6.65$9.1010
40$0.39$0.5127.46%$117.00—————

Forward $109.25. The 25-delta put carries +0.98 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 27.40%±7.86skew +2.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$11.80$13.65—$97.00—————
01$10.85$12.55—$98.00—————
02$10.65$12.00—$99.00—————
06$9.00$10.80—$100.00—————
05$8.10$9.65—$101.0029.87%$0.58$0.67121
05$7.20$8.90—$102.0029.56%$0.73$0.8212739
05$6.40$8.05—$103.0028.70%$0.69$1.13019
057$5.60$7.10—$104.0029.18%$1.12$1.256512
130$5.75$6.25—$105.0029.04%$1.39$1.514419
232$5.05$5.70—$106.0028.84%$1.67$1.838430
118$4.40$5.00—$107.0029.12%$2.02$2.27160
034$2.84$4.30—$108.0028.78%$2.41$2.631381
17$3.25$3.70—$109.0028.96%$2.90$3.10631
6164$2.75$3.1027.26%$110.00—$2.93$3.701078
11101$2.31$2.5026.55%$111.00—$3.90$4.2520
3220$1.90$2.1026.40%$112.00—$4.55$5.05380
10$1.57$1.8726.96%$113.00—$5.25$5.45200
129$1.27$1.4526.33%$114.00—————
11156$1.10$1.1726.62%$115.00—————
40$0.82$0.9726.33%$116.00—————

Forward $109.61. The 25-delta put carries +2.55 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 27.48%±8.91skew +0.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$9.90$10.90—$100.0029.96%$0.66$0.80672
02$8.35$10.05—$101.00—————
03$7.50$9.25—$102.0028.97%$0.89$1.161001
55$7.20$8.70—$103.0029.57%$1.19$1.4418
019$5.90$7.65—$104.0028.17%$1.29$1.5971
114$6.20$6.70—$105.0028.89%$1.67$1.97222
424$5.45$6.00—$106.0028.90%$1.96$2.37540
133$4.85$5.35—$107.0028.57%$2.33$2.69500
322$4.00$5.00—$108.0028.71%$2.71$3.2040
045$3.70$4.40—$109.0028.91%$3.20$3.70430
1351$3.05$3.6027.45%$110.00—$3.45$4.10343
944$2.74$3.0527.52%$111.00—————
110$2.32$2.7027.62%$112.00—————
42$1.87$2.2326.76%$113.00—————
9329$1.36$1.6126.96%$115.00—————
10$1.13$1.4927.60%$116.00—————
5301$0.53$0.7127.58%$120.00—$10.45$11.4501

Forward $109.55. The 25-delta put carries +0.57 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 27.25%±9.76skew +1.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
18$68.85$70.70—$40.00—————
02$63.00$65.70—$45.00—————
021$58.00$61.50—$50.00—————
047$53.55$56.20—$55.00—————
0279$48.00$50.65—$60.00—————
0198$43.55$45.80—$65.00—————
0389$38.90$41.20—$70.00—————
16,301$34.15$35.80—$75.00—————
02,567$28.90$30.80—$80.0042.76%$0.03$0.086,8165
01,093$23.75$25.80—$85.00—————
31,843$19.00$20.60—$90.0033.48%$0.13$0.185,851163
3611,937$14.70$15.45—$95.0031.00%$0.35$0.394,706574
776,091$10.25$10.90—$100.0029.35%$0.87$0.954,552973
964,521$6.55$6.75—$105.0028.22%$2.00$2.13684374
62112,839$3.60$3.7527.25%$110.00—$4.05$4.152,112546
3944,308$1.72$1.8526.81%$115.00—$7.10$7.601,90410
1882,841$0.69$0.8026.45%$120.00—$10.55$12.15480
1621,654$0.28$0.3527.17%$125.00—$15.30$16.5001
—————$130.00—$19.65$22.5520
—————$135.00—$24.85$27.5513

Forward $109.57. The 25-delta put carries +1.41 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 27.19%±12.82skew +2.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
116$68.85$70.85—$40.00—————
06$63.00$66.50—$45.00—————
0225$58.00$60.75—$50.00—————
065$53.00$56.25—$55.00—————
0684$48.00$50.80—$60.00—————
0167$43.90$45.90—$65.00—————
65511$38.90$40.75—$70.0042.72%$0.03$0.048,47490
13348$34.10$35.80—$75.00—————
53,446$29.35$30.40—$80.00—————
11,023$24.10$26.10—$85.00—————
84,243$19.70$21.15—$90.0032.09%$0.40$0.478,470202
32,428$15.60$16.55—$95.0030.07%$0.79$0.875,84458
709,235$11.45$12.00—$100.0028.93%$1.57$1.708,560565
1449,313$7.80$8.40—$105.0028.06%$2.92$3.101,960200
31014,139$5.00$5.20—$110.00—$5.00$5.20616336
644,758$2.90$3.0526.61%$115.00—$7.85$8.351530
838,644$1.51$1.6425.99%$120.00—$11.00$12.802090
812,580$0.73$0.8825.97%$125.00—$15.50$17.8590
82,299$0.36$0.4326.12%$130.00—$20.00$21.4563
31,161$0.01$0.0538.66%$170.00—————

Forward $110.00. The 25-delta put carries +2.94 volatility points over the 25-delta call.

2027-02-19(102 days)ATM 29.55%±17.19skew +2.90
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$58.00$60.85—$50.00—————
03$43.20$46.70—$65.00—————
077$38.30$41.80—$70.00—————
011$33.45$36.20—$75.00—————
033$29.35$31.05—$80.00—————
081$24.65$26.55—$85.0034.57%$0.50$0.7495620
0574$20.10$21.95—$90.0032.75%$0.99$1.0796657
149$16.05$17.50—$95.0031.78%$1.74$1.8280853
13522$12.80$13.40—$100.0031.06%$2.84$3.0570242
2468$9.50$10.05—$105.0030.17%$4.45$4.6526524
382,203$6.70$6.95—$110.0029.68%$6.65$6.9024314
44482$4.60$4.7529.22%$115.00—$9.50$9.70610
41601$2.91$3.1028.51%$120.00—$12.80$14.85160
1911,375$1.80$1.9528.16%$125.00—————
2250$1.10$1.2028.08%$130.00—$20.35$22.7510
0100$0.64$0.7227.99%$135.00—$25.30$27.6511
—————$150.00—$39.85$42.5010

Forward $110.05. The 25-delta put carries +2.90 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.