Options Skew Analytics

SYY option chain

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

Data as of 23 September 2026 (end of day)

2026-10-16(23 days)ATM 21.49%±4.15skew +1.32
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$70.0026.90%$0.15$0.20180
05$4.60$7.00—$72.5024.64%$0.35$0.452863
118$2.95$3.20—$75.0021.98%$0.75$0.9523723
026$1.35$1.5021.40%$77.50—$1.70$2.1029911
201,379$0.45$0.6520.66%$80.00—$3.30$3.901691
13524$0.20$0.3022.66%$82.50—$3.90$6.30930
—————$85.00—$6.30$8.60810
—————$105.00—$26.10$30.00110

Forward $77.02. The 25-delta put carries +1.32 volatility points over the 25-delta call.

2026-11-20(58 days)ATM 24.51%±7.55skew +2.59
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$20.40$24.40—$55.00—————
01$16.70$19.40—$60.00—————
01$11.70$14.60—$65.0032.87%$0.30$0.50170
01$9.80$12.30—$67.5029.99%$0.45$0.65420
011$7.70$10.00—$70.0027.86%$0.75$0.90694
013$6.00$6.30—$72.5026.14%$1.15$1.406214
024$4.20$4.50—$75.0024.77%$1.85$2.1024823
0243$2.70$3.1024.53%$77.50—$2.90$3.301182
5118$1.70$1.9523.96%$80.00—$4.30$4.801391
3186$0.95$1.2023.55%$82.50—$6.10$6.50505
21908$0.55$0.7523.99%$85.00—$6.60$8.70700
01,338$0.30$0.4023.84%$87.50—$8.80$11.1080
—————$90.00—$11.20$13.5010
—————$92.50—$13.70$16.9010

Forward $77.30. The 25-delta put carries +2.59 volatility points over the 25-delta call.

2026-12-18(86 days)ATM 23.69%±8.90skew +1.81
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$25.50$29.40—$50.00—————
029$17.10$19.60—$60.00—————
03$12.30$15.00—$65.0029.71%$0.45$0.65660
04$10.00$12.70—$67.5027.80%$0.70$0.851144
027$7.80$10.60—$70.0026.70%$1.00$1.3532810
044$6.30$7.10—$72.5025.12%$1.50$1.85750
013$4.70$5.30—$75.0024.17%$2.25$2.652300
028$3.30$3.7023.74%$77.50—$3.30$3.80130
080$2.25$2.6023.50%$80.00—$4.40$5.20630
0123$1.45$1.7523.20%$82.50—$6.00$6.90190
2439$0.90$1.2023.31%$85.00—$8.00$8.9050
3584$0.55$0.8523.76%$87.50—$8.90$11.20120
01,225$0.35$0.5524.03%$90.00—————
—————$92.50—$14.20$16.90740

Forward $77.45. The 25-delta put carries +1.81 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 23.42%±10.15skew +3.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$25.50$29.50—$50.00—————
023$22.20$24.60—$55.00—————
044$17.20$19.80—$60.00—————
03$14.80$17.40—$62.5030.91%$0.45$0.75420
043$12.40$14.70—$65.0029.07%$0.65$0.952730
014$10.30$13.00—$67.5026.84%$0.90$1.153270
0149$8.60$9.60—$70.0026.04%$1.35$1.651,4513
053$6.70$7.60—$72.5024.66%$1.90$2.202894
0142$5.10$5.80—$75.0024.06%$2.70$3.102350
0112$3.80$4.30—$77.5023.61%$3.70$4.302870
10364$2.65$3.1022.90%$80.00—$5.00$5.704178
0208$1.80$2.2022.59%$82.50—$6.50$7.401310
3678$1.20$1.5522.55%$85.00—$8.50$9.301560
3951$0.80$1.0522.57%$87.50—$9.20$11.60410
—————$90.00—$11.70$13.90130
—————$92.50—$13.80$16.5040

Forward $77.55. The 25-delta put carries +3.49 volatility points over the 25-delta call.

2027-02-19(149 days)ATM 23.87%±11.85skew +3.18
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$60.0031.74%$0.50$0.8080
—————$65.0028.99%$0.95$1.351710
—————$70.0026.28%$1.70$2.25490
—————$75.0024.67%$3.10$3.9080
012$3.30$4.0023.76%$80.00—$5.50$6.3040
065$2.40$3.2023.90%$82.50—$7.00$8.00140
0116$1.65$2.4023.48%$85.00—$8.70$9.90390
0310$1.15$1.7023.10%$87.50—————
2182$0.80$1.2523.15%$90.00—————

Forward $77.71. The 25-delta put carries +3.18 volatility points over the 25-delta call.

2027-03-19(177 days)ATM 23.72%±12.88skew +2.77
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$60.0031.42%$0.65$1.00140
03$13.30$15.70—$65.0028.14%$1.10$1.502340
—————$67.5027.34%$1.50$2.00130
024$9.70$10.70—$70.0026.16%$1.95$2.555350
05$7.90$8.90—$72.5025.40%$2.60$3.30470
050$6.40$7.20—$75.0024.63%$3.40$4.202100
057$5.00$5.70—$77.5024.24%$4.50$5.30230
074$3.70$4.5023.46%$80.00—$5.70$6.7090
030$2.80$3.5023.24%$82.50—$7.20$8.20970
0280$2.05$2.7023.03%$85.00—$8.90$10.10520
01,291$1.60$2.1023.38%$87.50—$10.80$12.2030
0221$1.05$1.6523.16%$90.00—————
—————$92.50—$14.00$16.60780

Forward $77.96. The 25-delta put carries +2.77 volatility points over the 25-delta call.

2027-06-17(267 days)ATM 24.46%±16.40skew +3.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$55.0032.84%$0.70$1.0520
—————$60.0030.17%$1.10$1.551250
—————$65.0028.33%$1.75$2.4550
020$10.80$12.10—$70.0026.59%$2.85$3.60120
07$9.10$10.40—$72.5025.75%$3.50$4.402510
04$7.60$8.70—$75.0025.15%$4.40$5.3020
—————$77.5024.60%$5.40$6.401530
053$5.30$6.0024.47%$80.00—$6.70$7.70570
019$4.20$4.9023.88%$82.50—$7.90$9.3010
12368$3.50$4.1024.14%$85.00—————
066$2.60$3.4023.68%$87.50—————
048$2.05$2.7523.57%$90.00—————
063$1.50$2.2523.33%$92.50—————
0166$1.20$1.8523.54%$95.00—————

Forward $78.40. The 25-delta put carries +3.25 volatility points over the 25-delta call.

2027-09-17(359 days)ATM 24.39%±19.02skew +4.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$36.90$39.50—$40.0041.36%$0.35$0.55—8
—————$55.0032.26%$1.05$1.6020
—————$60.0029.88%$1.55$2.2540
—————$65.0027.92%$2.30$3.2040
0139$11.70$13.30—$70.00—————
—————$72.5025.44%$4.20$5.2030
—————$77.5024.67%$6.20$7.30180
—————$80.00—$7.40$8.5060
10$5.20$6.2024.33%$82.50—————
036$4.40$5.3024.30%$85.00—$10.10$11.8020
039$3.60$4.5024.07%$87.50—————
068$2.85$3.8023.74%$90.00—————
016$2.35$3.2023.71%$92.50—————
0100$1.90$2.7023.66%$95.00—————

Forward $78.63. The 25-delta put carries +4.25 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.