Options Skew Analytics

TJX option chain

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

Data as of 23 September 2026 (end of day)

2026-10-02(9 days)ATM 23.80%±4.92skew +1.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$30.20$33.10—$100.00—————
01$25.20$27.90—$105.00—————
04$15.20$18.20—$115.00—————
01$10.30$13.00—$120.00—————
058$8.30$10.70—$122.00—————
022$7.70$9.60—$123.00—————
021$7.10$8.30—$124.00—————
366$6.20$7.20—$125.00—————
228$5.20$7.10—$126.00—————
1865$4.50$5.20—$127.0023.99%$0.35$0.55636
430$3.80$4.40—$128.0024.30%$0.55$0.80392
89$3.30$3.60—$129.0023.63%$0.80$1.0022411
21417$2.75$2.95—$130.0023.45%$1.15$1.3014112
543$2.20$2.40—$131.0023.55%$1.50$1.80110
4452$1.70$1.8523.87%$132.00—$2.05$2.30223
1732$1.25$1.4023.49%$133.00—————
326$0.80$1.0522.70%$134.00—————
69312$0.55$0.8022.93%$135.00—$3.80$4.30782
315$0.40$0.5522.99%$136.00—————
—————$143.00—$10.60$13.00—0

Forward $131.60. The 25-delta put carries +1.37 volatility points over the 25-delta call.

2026-10-09(16 days)ATM 22.83%±6.30skew +1.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$30.40$32.00—$100.00—————
0115$6.60$7.70—$125.00—————
01$5.20$7.20—$126.0022.81%$0.50$0.6530
—————$127.0023.09%$0.70$0.9002
04$4.60$5.10—$128.0023.03%$0.95$1.1520
3226$3.20$3.60—$130.0022.78%$1.60$1.80552
12$2.65$3.00—$131.00—————
49$2.35$2.4522.83%$132.00—$2.50$2.7561
514$1.90$2.0022.78%$133.00—$2.80$3.3010
10$1.50$1.6022.62%$134.00—————
0195$1.15$1.3022.60%$135.00—$4.30$4.8090
118$0.75$1.0021.70%$136.00—————
690$0.65$0.8022.49%$137.00—————
11$0.35$0.5022.77%$139.00—————
4243$0.25$0.4023.00%$140.00—————
—————$145.00—$12.30$15.0010

Forward $131.77. The 25-delta put carries +1.34 volatility points over the 25-delta call.

2026-10-16(23 days)ATM 22.58%±7.47skew +0.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$14.80$18.50—$115.00—————
061$11.30$12.60—$120.0024.08%$0.15$0.252,36362
—————$124.0022.90%$0.45$0.65733
2600$7.00$7.60—$125.0022.37%$0.60$0.751,138135
—————$126.0022.63%$0.80$1.001015
—————$127.0022.43%$1.05$1.2016
02$5.00$5.50—$128.0022.53%$1.35$1.504930
49$4.30$4.70—$129.0022.62%$1.65$1.90460
563,299$3.70$4.10—$130.0022.30%$2.05$2.201,47754
213$3.10$3.60—$131.0023.12%$2.50$2.8560107
747$2.60$3.1022.57%$132.00—$2.90$3.30029
82117$2.20$2.6022.56%$133.00—————
2307$1.80$2.2022.52%$134.00—$4.10$4.7002
611,605$1.65$1.7522.90%$135.00—$4.40$5.407795
115$1.35$1.4522.92%$136.00—————
353$0.95$1.1522.06%$137.00—————
1614$0.75$0.9522.18%$138.00—————
2014$0.55$0.7521.91%$139.00—————
1572,853$0.45$0.6522.49%$140.00—$8.00$9.501635
32$0.35$0.5522.81%$141.00—————
—————$145.00—$12.40$14.701860

Forward $131.75. The 25-delta put carries +0.37 volatility points over the 25-delta call.

2026-11-20(58 days)ATM 27.12%±14.27skew +1.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$26.50$28.50—$105.00—————
01$21.60$23.30—$110.0030.44%$0.35$0.50848
01$17.10$18.90—$115.0029.17%$0.70$0.95476
13$12.90$14.30—$120.0028.51%$1.50$1.7013281
20155$9.50$10.00—$125.0027.98%$2.75$3.0011515
79210$6.60$6.80—$130.0027.42%$4.60$4.9040135
15281$4.20$4.4026.95%$135.00—$7.20$7.6010930
29184$2.55$2.7026.82%$140.00—$10.20$11.2020
30112$1.45$1.6026.81%$145.00—$14.00$15.2042
9190$0.80$0.9527.14%$150.00—————
8989$0.20$0.3027.48%$160.00—————

Forward $131.96. The 25-delta put carries +1.17 volatility points over the 25-delta call.

2026-12-18(86 days)ATM 25.85%±16.63skew +1.66
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
045$60.10$63.80—$70.00—————
03$54.90$58.80—$75.00—————
084$49.80$53.70—$80.00—————
08$44.90$48.90—$85.00—————
056$40.00$43.90—$90.00—————
01$37.60$41.20—$92.50—————
092$35.40$38.80—$95.00—————
01$33.40$35.80—$97.50—————
068$31.60$33.30—$100.00—————
017$26.80$28.60—$105.0030.83%$0.35$0.551000
139$22.20$24.20—$110.0029.73%$0.75$0.854680
044$17.80$19.50—$115.0028.03%$1.20$1.354155
21199$13.90$15.20—$120.0027.32%$2.15$2.2067312
22350$10.30$10.90—$125.0027.28%$3.50$3.801,11528
49648$7.80$8.10—$130.0026.34%$5.10$5.801,14326
10890$5.30$5.6025.76%$135.00—$7.90$8.403,71820
431,543$3.50$3.8025.71%$140.00—$10.80$11.909120
132,719$2.25$2.4525.66%$145.00—$14.30$15.804860
202,958$1.40$1.5525.74%$150.00—$18.40$19.903510
6655$0.75$1.0525.83%$155.00—$22.50$24.501180
3924$0.40$0.6025.54%$160.00—————

Forward $132.52. The 25-delta put carries +1.66 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 26.13%±19.38skew +2.02
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
016$55.10$58.80—$75.00—————
016$50.30$54.20—$80.00—————
06$45.40$49.30—$85.00—————
034$40.50$44.40—$90.00—————
037$36.30$38.70—$95.00—————
051$31.90$34.00—$100.00—————
042$26.90$29.40—$105.0030.07%$0.55$0.903525
041$22.90$24.70—$110.0028.61%$0.95$1.303051
080$18.70$20.30—$115.0027.25%$1.50$1.951,29210
2468$14.90$16.30—$120.0027.31%$2.70$3.101,1223
12311$11.40$12.70—$125.0026.30%$4.00$4.5077130
1351,403$8.90$9.30—$130.0026.38%$6.10$6.602,35917
2631,827$6.40$6.8026.07%$135.00—$8.60$9.101,3894
17774$4.50$4.8025.75%$140.00—$11.60$12.401,4130
144,522$3.10$3.3025.60%$145.00—$14.80$16.109300
1911,720$2.00$2.2025.29%$150.00—$18.90$20.201,7210
13898$1.20$1.5025.14%$155.00—$23.20$24.704970
241,060$0.80$1.0025.44%$160.00—$27.20$29.405630
61,393$0.60$0.7026.25%$165.00—$31.70$35.60120
862,753$0.30$0.4525.81%$170.00—$37.00$40.6010
101,143$0.20$0.3026.20%$175.00—————

Forward $132.72. The 25-delta put carries +2.02 volatility points over the 25-delta call.

2027-03-19(177 days)ATM 26.92%±25.00skew +1.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$51.10$54.30—$80.00—————
—————$85.0036.45%$0.30$0.50515
02$41.80$44.30—$90.0034.87%$0.45$0.70310
02$37.10$39.90—$95.0033.19%$0.65$0.95180
114$32.60$34.60—$100.0031.15%$0.80$1.30340
02$28.80$30.50—$105.0029.76%$1.25$1.701440
05$24.50$26.30—$110.0028.90%$2.00$2.301820
02$20.50$21.90—$115.0028.03%$2.80$3.3018215
437$17.00$18.40—$120.0027.61%$4.10$4.6029811
2214$13.80$15.10—$125.0027.04%$5.60$6.3021628
1185$11.00$12.00—$130.0027.00%$7.80$8.406508
5417$8.90$9.2026.96%$135.00—$10.40$10.9023114
13660$6.60$7.1026.27%$140.00—$12.70$14.002450
21262$4.90$5.4025.96%$145.00—$16.10$17.401800
10807$3.60$4.1025.86%$150.00—$19.80$21.301180
17485$2.50$3.1025.64%$155.00—$23.60$25.501120
2199$1.85$2.3025.77%$160.00—$28.20$30.10880
21142$1.35$1.7025.89%$165.00—$32.80$35.001,0490
5171$0.95$1.3026.08%$170.00—————
0143$0.60$0.9525.88%$175.00—$41.70$45.60320
10234$0.50$0.7026.39%$180.00—————

Forward $133.37. The 25-delta put carries +1.97 volatility points over the 25-delta call.

2027-04-16(205 days)ATM 26.19%±26.26skew +1.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$90.0034.00%$0.55$0.85100
011$33.20$35.60—$100.0031.23%$1.10$1.6060
02$29.20$31.30—$105.0029.42%$1.55$1.9540
04$25.00$27.10—$110.0028.57%$2.25$2.7070
039$21.00$23.00—$115.0027.84%$3.20$3.70390
04$18.00$19.30—$120.0027.13%$4.40$5.00870
03$14.60$15.90—$125.0026.68%$6.00$6.701650
066$11.70$13.00—$130.0026.50%$8.00$8.90370
0201$9.40$10.0026.27%$135.00—$10.40$11.40440
023$7.30$7.9025.97%$140.00—————
024$5.60$6.2025.82%$145.00—$16.30$17.7010
2117$4.20$4.8025.64%$150.00—$20.00$21.70660
190$3.10$3.7025.53%$155.00—————
016$2.50$2.7025.67%$160.00—————
093$1.55$2.1525.27%$165.00—————
311$1.30$1.5525.59%$170.00—————
02$0.85$1.3525.92%$175.00—————

Forward $133.77. The 25-delta put carries +1.60 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.