Options Skew Analytics

TROW option chain

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

Data as of 9 November 2026 (end of day)

2026-12-18(39 days)ATM 28.26%±10.30skew +5.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$35.10$39.00—$75.00—————
09$25.30$29.20—$85.00—————
020$20.80$23.10—$90.00—————
073$15.90$18.20—$95.0036.44%$0.40$0.604836
2150$11.30$13.50—$100.0033.37%$0.85$1.053018
6390$8.30$8.80—$105.0031.02%$1.70$2.003479
6956$4.80$5.30—$110.0029.42%$3.20$3.801582
5795$2.30$2.5526.54%$115.00—$5.80$6.60430
24430$0.90$1.0525.17%$120.00—$9.40$11.40240
1306$0.35$0.5026.10%$125.00—$13.80$16.1020
—————$130.00—$18.20$21.0010
—————$135.00—$22.90$26.0070

Forward $111.56. The 25-delta put carries +5.85 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 26.53%±12.65skew +3.34
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$50.80$54.00—$60.00—————
01$44.90$49.00—$65.00—————
030$30.20$34.10—$80.00—————
061$25.40$28.00—$85.0038.15%$0.30$0.351,4120
055$21.90$22.90—$90.0036.17%$0.45$0.753648
0179$16.10$18.40—$95.0032.47%$0.70$1.102051
0169$11.60$13.80—$100.0029.82%$1.30$1.702851
1477$8.80$9.70—$105.0027.86%$2.30$2.853039
1612$5.10$6.30—$110.0026.78%$4.10$4.70771
0713$3.10$3.7026.17%$115.00—$6.50$8.501990
1534$1.50$1.8524.52%$120.00—$9.90$12.20390
4374$0.70$0.9024.18%$125.00—$14.00$16.10110
237512$0.30$0.5024.72%$130.00—————
—————$135.00—$23.40$25.5010
—————$140.00—$26.90$31.1050

Forward $111.31. The 25-delta put carries +3.34 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 27.41%±18.19skew +3.93
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$41.00$44.10—$70.00—————
01$30.50$32.90—$80.0035.78%$0.40$0.65590
010$26.30$28.40—$85.0035.17%$0.75$1.153862
017$21.70$23.70—$90.0033.60%$1.25$1.701953
082$17.20$19.30—$95.0030.86%$1.90$2.15820
2143$13.80$15.30—$100.0029.82%$2.95$3.301193
0350$10.50$11.70—$105.0028.65%$4.40$4.801701
0174$6.60$9.00—$110.0027.72%$6.30$6.90750
0725$5.20$5.8027.21%$115.00—$8.90$10.90390
3352$3.60$3.9026.86%$120.00—$12.00$13.00100
2357$2.10$2.5525.89%$125.00—$14.50$18.0030
3125$1.20$1.6025.33%$130.00—$19.60$21.70180
0236$0.70$0.9525.04%$135.00—$22.60$25.7070
023$0.35$0.5524.58%$140.00—————

Forward $111.22. The 25-delta put carries +3.93 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 28.43%±20.74skew +2.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$21.80$23.90—$90.0032.02%$1.40$2.1070
03$18.40$19.60—$95.0030.72%$2.10$3.1070
—————$100.0029.63%$3.30$4.3040
08$10.30$12.40—$105.0027.87%$4.80$5.602580
067$7.30$9.40—$110.0027.85%$6.90$8.1020
2114$6.00$7.0028.81%$115.00—————
138$3.90$4.9027.30%$120.00—————
032$2.50$3.7027.20%$125.00—————
02$1.55$2.3026.08%$130.00—————

Forward $110.87. The 25-delta put carries +2.43 volatility points over the 25-delta call.

2027-09-17(312 days)ATM 30.25%±30.97skew +2.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$40.00$43.10—$70.00—————
01$35.50$39.40—$75.00—————
03$31.60$34.50—$80.0033.30%$1.60$2.553420
—————$85.0032.47%$2.40$3.40771
04$22.50$25.80—$90.0031.68%$3.30$4.60670
—————$95.0031.06%$4.90$5.7020
02$16.40$18.70—$100.0030.65%$6.60$7.40510
068$13.60$15.60—$105.0030.22%$8.50$9.5030
069$10.90$13.00—$110.0029.65%$10.80$11.7010
7353$9.80$10.5030.25%$115.00—$12.90$14.4010
361$7.80$8.5029.60%$120.00—————
013$6.10$6.8029.01%$125.00—$18.90$21.1010
013$4.30$5.2027.67%$130.00—————
07$3.10$4.7028.08%$135.00—————
03$2.35$3.6027.67%$140.00—————

Forward $110.73. The 25-delta put carries +2.99 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.