Options Skew Analytics
Sign in

Option chain

SHEL option chain

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

Data as of 10 November 2026 (end of day)

2026-11-13(3 days)ATM 34.16%±3.00skew +0.82
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$12.70$15.60—$83.00—————
05$10.90$13.50—$85.00—————
04$8.00$10.10—$88.00—————
01$7.00$9.50—$89.00—————
07$6.00$8.50—$90.00—————
013$3.60$4.90—$93.00—————
—————$94.0035.43%$0.25$0.3538930
01$1.95$3.00—$95.0034.31%$0.40$0.60213
—————$96.0033.92%$0.70$0.95844
70$1.00$1.2034.18%$97.00—$1.20$1.40317
354$0.60$0.7533.48%$98.00—$1.85$2.052212
—————$99.00—$2.30$3.40106
11675$0.15$0.2532.64%$100.00—$3.10$4.30250102
—————$102.00—$4.50$7.10710
—————$103.00—$5.90$8.0022
—————$104.00—$7.00$8.9095
—————$105.00—$8.10$9.6080
—————$106.00—$8.80$11.30160
—————$107.00—$9.80$12.30180
—————$108.00—$10.50$13.30380
—————$111.00—$13.30$16.3010

Forward $96.80. The 25-delta put carries +0.82 volatility points over the 25-delta call.

2026-11-20(10 days)ATM 27.57%±4.41skew +1.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0195$11.10$13.30—$85.00—————
122$6.50$7.60—$90.00—————
—————$92.0029.57%$0.30$0.4530
—————$92.5029.87%$0.40$0.551,0523
—————$93.0028.68%$0.45$0.6020
01$3.30$3.90—$94.0028.71%$0.70$0.851010
6499$2.70$3.00—$95.0028.29%$1.00$1.153372
152$2.00$2.35—$96.0027.80%$1.35$1.551144
160$1.50$1.7027.52%$97.00—$1.85$2.00703
11302$1.30$1.4527.43%$97.50—$2.15$2.302412
115$1.10$1.2527.39%$98.00—$2.40$2.60711
20218$0.75$0.9027.06%$99.00—$3.00$3.40930
181,091$0.50$0.6527.12%$100.00—$3.60$4.201,1571
1042$0.30$0.4526.82%$101.00—$4.40$5.10903
3028$0.20$0.2526.24%$102.00—$5.30$5.802651
—————$103.00—$6.00$7.002180
—————$104.00—$7.00$8.001200
—————$105.00—$8.00$9.0013315
—————$106.00—$8.90$10.007090
—————$107.00—$10.10$11.10490
—————$108.00—$11.10$12.001340

Forward $96.67. The 25-delta put carries +1.58 volatility points over the 25-delta call.

2026-11-27(17 days)ATM 25.93%±5.41skew +1.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$20.50$24.20—$75.00—————
03$10.40$13.90—$85.00—————
03$7.90$10.20—$88.00—————
01$6.10$8.60—$90.00—————
—————$93.0027.40%$0.70$1.0011
—————$94.0026.81%$0.95$1.2531
—————$95.0026.44%$1.25$1.601830
—————$96.0025.56%$1.60$1.9520
02$1.80$2.2525.96%$97.00—————
01$1.40$1.8026.04%$98.00—$2.65$3.1040
01$1.05$1.3525.54%$99.00—$3.30$3.7030
1410$0.75$1.0525.46%$100.00—$4.00$4.401970
1620$0.55$0.8526.00%$101.00—$4.50$5.5071
—————$103.00—$6.20$8.6021
—————$104.00—$7.20$9.6020
—————$105.00—$8.10$9.7010
—————$110.00—$12.50$15.3010

Forward $96.72. The 25-delta put carries +1.40 volatility points over the 25-delta call.

2026-12-04(24 days)ATM 25.95%±6.45skew +0.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$35.30$39.40—$60.00—————
—————$92.0027.61%$0.75$1.0511
—————$93.0026.17%$0.80$1.30170
—————$94.0027.49%$1.20$1.7530
—————$96.0026.67%$2.00$2.40380
02$2.30$2.7526.03%$97.00—$2.40$2.8530
01$1.80$2.2025.26%$98.00—$2.95$3.4070
01$1.40$1.8025.12%$99.00—$3.60$4.0020
022$1.10$1.6025.99%$100.00—$4.20$4.8022
125$0.80$1.2525.45%$101.00—$4.60$5.7041
11$0.60$1.0025.49%$102.00—$5.50$6.70114
—————$104.00—$7.40$9.0010
—————$105.00—$8.20$10.2052

Forward $96.90. The 25-delta put carries +0.72 volatility points over the 25-delta call.

2026-12-18(38 days)ATM 25.73%±8.05skew +1.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
018$32.90$36.70—$62.50—————
01,104$30.40$34.00—$65.00—————
0521$27.90$31.40—$67.50—————
0572$25.40$28.90—$70.00—————
01,113$23.60$25.70—$72.50—————
0569$21.60$23.00—$75.00—————
0480$18.50$20.60—$77.50—————
01,549$16.20$18.10—$80.00—————
0429$13.50$15.50—$82.5030.95%$0.15$0.252,4890
02,726$11.30$13.00—$85.0029.94%$0.30$0.401,6081
0837$9.10$10.60—$87.5028.27%$0.50$0.601,7840
43802$7.50$8.30—$90.0027.13%$0.85$0.951,11916
10860$5.70$6.20—$92.5026.19%$1.40$1.502,43175
81,768$4.10$4.40—$95.0025.74%$2.25$2.352,4505
22970$2.85$3.0025.72%$97.50—$3.40$3.606095
443,579$1.80$1.9525.16%$100.00—$4.80$5.104600
331,931$0.60$0.7524.88%$105.00—$8.50$9.206960
1531,556$0.20$0.3026.06%$110.00—$13.20$14.10350
—————$115.00—$17.70$19.2010
—————$120.00—$22.60$24.2050
—————$130.00—$32.60$34.2010

Forward $96.92. The 25-delta put carries +1.32 volatility points over the 25-delta call.

2027-01-15(66 days)ATM 24.53%±10.14skew +1.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
193,340$34.20$35.40—$62.50—————
01,335$31.00$33.00—$65.00—————
04,238$28.70$30.50—$67.50—————
1426$26.10$27.90—$70.00—————
0765$23.50$25.50—$72.50—————
02,001$21.10$23.10—$75.00—————
0898$18.80$20.30—$77.5031.10%$0.15$0.251,1690
14,393$16.90$18.00—$80.00—————
0521$14.60$15.40—$82.5027.93%$0.35$0.451,2882
173,604$12.60$13.40—$85.0027.14%$0.55$0.702,8171
0301$10.30$11.00—$87.5026.09%$0.85$1.0067911
32,532$8.40$9.00—$90.0025.48%$1.35$1.451,972224
0312$6.70$7.10—$92.5025.22%$2.05$2.15732145
31,320$5.10$5.40—$95.0024.99%$2.95$3.101,0932
63366$3.80$4.0024.55%$97.50—$4.10$4.208451
2753,053$2.75$2.9024.37%$100.00—$5.50$5.707835
212,627$1.25$1.4023.90%$105.00—$8.80$9.506390
151,684$0.55$0.6524.26%$110.00—$13.10$14.10290
31,872$0.20$0.3024.53%$115.00—$18.10$19.1040
—————$120.00—$22.60$24.0010
—————$130.00—$32.60$34.2010

Forward $97.25. The 25-delta put carries +1.58 volatility points over the 25-delta call.

2027-03-19(129 days)ATM 25.45%±14.71skew +1.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$35.40$38.80—$60.00—————
02$31.70$33.30—$65.00—————
030$29.40$30.90—$67.50—————
033$27.00$28.00—$70.00—————
0156$24.60$25.50—$72.5031.25%$0.30$0.454510
038$22.30$23.30—$75.0029.83%$0.40$0.551440
0116$19.90$20.90—$77.5028.70%$0.55$0.702760
1204$17.70$18.60—$80.0028.13%$0.80$0.957061
1603$15.60$16.50—$82.5027.36%$1.10$1.255961
0314$13.50$14.30—$85.0027.04%$1.60$1.655161
2430$11.70$12.40—$87.5026.60%$2.15$2.2030347
2460$9.90$10.50—$90.0026.14%$2.80$2.9050494
0185$8.20$8.70—$92.5025.83%$3.60$3.805289
41,385$6.90$7.10—$95.0025.71%$4.70$4.80517102
4431,189$5.60$5.7025.52%$97.50—$5.90$6.002511
12841$4.50$4.6025.32%$100.00—$7.20$7.402751
1652$2.80$2.9025.08%$105.00—$10.30$10.805480
6788$1.65$1.8025.06%$110.00—$14.10$14.801260
0415$0.95$1.1025.23%$115.00—$18.50$19.30250
7389$0.55$0.7025.73%$120.00—$22.90$24.1010
0224$0.35$0.5026.85%$125.00—————

Forward $97.20. The 25-delta put carries +1.54 volatility points over the 25-delta call.

2027-04-16(157 days)ATM 25.11%±16.06skew +1.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$36.60$38.20—$60.00—————
—————$75.0029.17%$0.55$0.70150
02$18.00$19.00—$80.0027.69%$1.00$1.20550
—————$82.5027.06%$1.40$1.501010
017$14.00$14.90—$85.0026.80%$1.90$2.00210
093$12.20$12.80—$87.5026.47%$2.50$2.607160
0121$10.50$11.00—$90.0026.02%$3.20$3.301,1245
021$8.90$9.30—$92.5025.65%$4.00$4.20550
57157$7.50$7.80—$95.0025.31%$5.00$5.207228
123$6.20$6.40—$97.50—$6.20$6.402779
020$5.10$5.3025.07%$100.00—$7.60$7.8024170
3133$3.40$3.5024.94%$105.00—$10.70$11.101480
2122$2.15$2.3525.07%$110.00—$14.40$15.00830
0306$1.35$1.5025.16%$115.00—$18.70$19.4020
4211$0.85$1.0025.60%$120.00—$23.30$24.1010
0167$0.50$0.6525.79%$125.00—————
016$0.35$0.5026.96%$130.00—————

Forward $97.50. The 25-delta put carries +1.40 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.