Options Skew Analytics

TPR 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 45.59%±6.49skew -1.00
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$11.10$13.30—$124.00—————
4127$10.20$12.20—$125.00—————
013$9.20$11.30—$126.00—————
27$8.30$10.70—$127.00—————
017$7.60$9.40—$128.00—————
212$6.50$8.60—$129.00—————
012$5.60$7.60—$130.0048.84%$0.60$0.8030
25$5.00$6.90—$131.0049.63%$0.75$1.1520
06$4.60$6.00—$132.0047.70%$0.95$1.3010
128$4.10$4.60—$133.0045.55%$1.15$1.5002
20$3.50$4.00—$134.0045.91%$1.50$1.9021
324$2.90$3.40—$135.0046.51%$1.90$2.4012
280$2.35$2.85—$136.0045.58%$2.35$2.8016
55$1.90$2.4045.78%$137.00—$2.90$3.3004
012$1.50$2.0045.81%$138.00—————
034$1.20$1.6546.18%$139.00—————
57$0.95$1.4047.06%$140.00—$4.80$5.5010
216$0.75$1.2548.69%$141.00—————
034$0.50$0.8045.20%$142.00—————
181$0.25$0.3546.39%$145.00—————
140$0.15$0.2548.66%$147.00—————

Forward $136.03. The 25-delta put carries -1.00 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 36.21%±14.61skew +1.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$119.0038.40%$0.65$1.0011
—————$120.0038.26%$0.75$1.1551
—————$126.0037.86%$1.85$2.3501
70$5.50$6.50—$136.00—————
10$4.80$6.1036.21%$137.00—————
0—$4.10$5.4037.22%$139.00—$7.00$8.00—0
0—$3.40$4.7037.60%$141.00—$8.40$10.10—0
1—$3.00$3.9035.93%$142.00—$8.90$9.70—0
—————$143.00—$9.10$10.40—0
0—$2.45$3.7037.55%$144.00—$9.80$12.10—0
1—$1.75$2.6034.84%$146.00—$11.40$12.60—0
2—$1.75$2.4536.01%$147.00—$12.10$14.50—0
024$1.15$1.8035.63%$150.00—————

Forward $136.24. The 25-delta put carries +1.85 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 35.64%±15.88skew +1.80
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$69.60$73.00—$65.00—————
09$64.70$68.00—$70.00—————
01$59.80$63.10—$75.00—————
013$55.00$58.00—$80.00—————
018$49.80$53.10—$85.00—————
030$45.10$48.10—$90.00—————
120$40.10$43.20—$95.00—————
0337$35.20$38.30—$100.00—————
020$30.30$32.60—$105.00—————
026$25.50$27.50—$110.00—————
477$20.90$22.90—$115.0039.03%$0.60$0.752230
2369$16.40$18.50—$120.0037.71%$1.10$1.352081
0143$12.80$14.40—$125.0037.12%$2.00$2.401843
279$9.50$10.50—$130.0036.45%$3.40$3.90720
5513$6.50$7.60—$135.0036.24%$5.40$6.10437
888$4.20$5.0034.96%$140.00—$8.10$9.30200
380$2.80$3.3035.51%$145.00—$11.60$12.6080
1478$1.70$2.0535.33%$150.00—————
097$1.00$1.6037.08%$155.00—$19.00$21.60220
0108$0.60$0.8036.15%$160.00—$23.30$26.2030
022$0.35$0.5036.73%$165.00—————

Forward $136.31. The 25-delta put carries +1.80 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 34.98%±20.51skew +1.04
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0314$49.80$53.20—$85.00—————
024$47.30$50.80—$87.50—————
070$44.90$48.30—$90.00—————
044$42.40$45.90—$92.50—————
050$40.40$42.90—$95.00—————
020$37.90$40.20—$97.50—————
01,015$35.60$38.10—$100.00—————
0122$30.90$32.90—$105.0039.41%$0.40$0.60781
067$26.50$28.50—$110.0038.32%$0.70$1.003944
2114$22.00$24.10—$115.0038.42%$1.40$1.656701
363$17.80$19.70—$120.0036.87%$2.10$2.452461
0289$14.00$15.90—$125.0035.79%$3.10$3.701022
0330$10.60$12.40—$130.0035.38%$4.70$5.402271
2205$8.60$9.40—$135.0034.91%$6.70$7.604415
35499$6.30$7.2035.01%$140.00—$9.40$10.40610
0160$4.40$5.2034.40%$145.00—$12.30$14.80210
0862$3.00$4.3035.61%$150.00—$15.80$17.7090
0527$2.10$2.7534.76%$155.00—————
0217$1.40$2.0035.06%$160.00—$23.90$26.7070
—————$175.00—$38.10$40.8010
054$0.25$0.3534.78%$180.00—————

Forward $136.86. The 25-delta put carries +1.04 volatility points over the 25-delta call.

2027-02-19(102 days)ATM 41.02%±29.76skew +2.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
021$50.80$53.00—$85.00—————
—————$95.0045.66%$0.60$0.90100
—————$100.0045.34%$1.10$1.301340
—————$105.0044.59%$1.55$2.00450
—————$110.0043.13%$2.05$2.80130
020$24.50$26.70—$115.0042.44%$3.10$3.70210
015$20.80$22.70—$120.0042.04%$4.40$5.00510
036$18.10$19.30—$125.0041.64%$6.00$6.60800
013$14.40$16.40—$130.0041.15%$7.80$8.6080
229$12.40$13.50—$135.0041.64%$10.40$11.002711
214$10.10$11.0041.08%$140.00—$13.00$13.90120
020$7.80$9.1040.46%$145.00—$15.50$18.10250
414$5.70$7.5039.65%$150.00—$18.80$21.3040
019$4.40$5.9039.24%$155.00—$22.40$24.80320
0205$3.30$5.0039.65%$160.00—$26.20$28.8050
04$2.55$4.2040.23%$165.00—————
037$1.95$3.2039.89%$170.00—————

Forward $137.28. The 25-delta put carries +2.39 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 39.64%±32.46skew +1.78
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$56.00$58.10—$80.00—————
029$51.20$53.50—$85.00—————
01$46.10$49.10—$90.00—————
—————$95.0046.39%$1.00$1.6540
03$37.60$40.10—$100.0043.64%$1.50$1.7520
—————$105.0042.91%$2.15$2.45530
01$29.20$31.40—$110.0042.61%$3.00$3.50120
01$25.40$27.60—$115.0041.89%$4.00$4.7090
011$21.90$23.80—$120.0041.01%$5.30$6.00700
09$18.60$20.50—$125.0040.64%$7.00$7.70260
034$15.70$17.60—$130.0040.29%$9.00$9.70870
047$13.00$14.80—$135.0040.09%$11.30$12.10490
039$10.70$12.4039.66%$140.00—$13.80$14.8090
224$8.60$10.6039.59%$145.00—$16.80$18.0080
021$6.90$9.0039.61%$150.00—$20.00$22.40110
07$5.40$7.5039.31%$155.00—$23.40$25.9070
0140$4.20$6.2039.08%$160.00—$27.10$29.6010
01$3.30$5.2039.22%$165.00—$31.00$33.5010
03$2.65$4.3039.42%$170.00—————
05$2.10$3.5039.44%$175.00—————

Forward $137.23. The 25-delta put carries +1.78 volatility points over the 25-delta call.

2027-06-17(220 days)ATM 41.08%±44.10skew +3.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$57.10$59.70—$80.0048.11%$0.95$1.4560
033$52.70$54.90—$85.0047.63%$1.35$2.0550
08$48.30$50.70—$90.0046.33%$1.85$2.551350
012$44.10$46.30—$95.0046.46%$2.45$3.7040
012$40.10$42.30—$100.0045.92%$3.20$4.8070
08$36.20$38.40—$105.0043.67%$4.20$5.1040
059$32.60$34.70—$110.0043.56%$5.50$6.5090
015$29.10$31.20—$115.0043.23%$6.80$8.20510
122$25.80$27.90—$120.0042.57%$8.50$9.70341
08$23.00$24.90—$125.00—————
04$20.10$22.20—$130.0041.73%$12.40$13.8040
—————$135.0041.49%$14.80$16.2013
012$15.40$17.5041.33%$140.00—————
—————$145.00—$20.30$21.9010
03$11.40$13.7040.84%$150.00—$23.20$26.0020
027$9.80$11.9040.50%$155.00—————
08$8.30$10.2039.95%$160.00—$30.10$32.5010
02$4.90$7.1039.89%$175.00—————
01$4.20$6.3040.10%$180.00—————
—————$195.00—$58.80$61.7050

Forward $138.26. The 25-delta put carries +3.13 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.