Options Skew Analytics

TTD 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 225.43%±3.58skew +8.21
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
641$4.75$5.55—$10.00220.82%$0.03$0.055962,372
105$4.45$6.00—$10.50228.28%$0.07$0.098721,234
102260$3.95$4.50—$11.00229.86%$0.11$0.157241,062
663$3.55$4.15—$11.50226.12%$0.18$0.191,2811,574
45253$3.25$3.70—$12.00229.30%$0.25$0.316205,319
8471,040$2.84$3.20—$12.50225.62%$0.36$0.391,3647,989
1,0903,061$2.54$2.77—$13.00226.90%$0.48$0.555959,421
9991,263$2.25$2.49—$13.50230.18%$0.68$0.711836,557
1,3202,912$1.97$2.10—$14.00227.89%$0.83$0.921705,248
1,7451,391$1.70$1.88—$14.50226.86%$1.02$1.16701,384
8,1303,027$1.45$1.55—$15.00224.51%$1.30$1.35426,913
3,9441,211$1.27$1.30225.68%$15.50—$1.44$1.723252
7,6951,550$1.05$1.10223.42%$16.00—$1.84$2.04147600
1,580745$0.86$0.98225.94%$16.50—$2.08$2.38231
5,994363$0.73$0.78223.08%$17.00—$2.41$2.82016
1,741409$0.61$0.68226.01%$17.50—$2.81$3.10332
23,469387$0.51$0.52221.97%$18.00—$3.20$3.60064
1,002134$0.39$0.45221.09%$18.50—$3.50$5.0010
1,59997$0.36$0.37225.78%$19.00—————
—————$19.50—$4.05$6.4010
5,14142$0.21$0.25221.53%$20.00—$4.80$5.35050

Forward $15.18. The 25-delta put carries +8.21 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 137.64%±3.62skew -4.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
14454$4.95$5.40—$10.00152.36%$0.05$0.117,732296
1130$4.05$5.15—$10.50—————
14213$4.05$4.70—$11.00—————
585$3.60$4.10—$11.50—————
7281$3.35$3.70—$12.00145.59%$0.31$0.34214500
6924,636$2.91$3.20—$12.50143.70%$0.41$0.457,8501,261
12,36013,315$2.71$2.80—$13.00144.05%$0.53$0.621,00911,455
4891,203$2.30$2.56—$13.50138.97%$0.60$0.80124244
297494$1.92$2.24—$14.00138.04%$0.79$0.9850258
109440$1.67$1.91—$14.50146.81%$1.06$1.3311223
3,65614,577$1.50$1.60—$15.00141.14%$1.33$1.452,8051,005
282344$1.22$1.36137.39%$15.50—$1.46$2.06219
491982$1.04$1.20139.77%$16.00—$1.78$2.4602
163263$0.85$1.03138.87%$16.50—————
3,471153$0.72$0.90140.72%$17.00—$2.46$2.7212
1,5807,078$0.62$0.75141.11%$17.50—$2.89$3.102,499397
1,725640$0.53$0.54136.66%$18.00—$3.15$3.85271
17818$0.44$0.64148.32%$18.50—————
38236$0.31$0.40135.24%$19.00—————
4,1798,649$0.23$0.28138.13%$20.00—$4.85$5.203,93273
5574$0.13$0.19135.92%$21.00—————

Forward $15.16. The 25-delta put carries -4.27 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 108.81%±3.68skew +10.37
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
061$5.95$7.50—$8.00—————
—————$9.50120.43%$0.02$0.08100
10$4.60$5.50—$10.00114.89%$0.05$0.088362
320$3.75$4.60—$11.00—————
236$2.96$4.15—$11.50—————
2432$3.15$3.85—$12.00114.33%$0.26$0.3826636
1190$2.55$3.30—$12.50114.72%$0.40$0.48249447
120348$2.44$2.87—$13.00119.37%$0.50$0.7612368
49401$2.25$2.50—$13.50—————
185219$1.96$2.20—$14.00—————
196254$1.75$1.92—$14.50112.71%$0.99$1.30167
221238$1.51$1.68—$15.00111.24%$1.22$1.535226
92200$1.29$1.39108.90%$15.50—$1.50$1.8112
167300$1.07$1.21108.74%$16.00—$1.81$2.0520
6154$0.85$1.17112.05%$16.50—$2.14$2.5650
2,14557$0.74$0.93110.28%$17.00—————
1452$0.57$0.75106.68%$17.50—$2.84$3.15770
17124$0.50$0.62107.61%$18.00—————
9—$0.37$0.59109.00%$18.50—$3.50$5.05—0
1,77274$0.26$0.28108.74%$20.00—$4.70$6.4570

Forward $15.22. The 25-delta put carries +10.37 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 102.73%±4.06skew -0.44
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$9.50106.24%$0.05$0.08324
141$3.35$4.65—$11.00—————
11$2.98$4.15—$11.50—————
03$2.73$3.85—$12.0099.07%$0.29$0.422250
3335$2.97$3.45—$12.5093.56%$0.32$0.5233130
1142$2.50$2.96—$13.0095.09%$0.51$0.658825
873$2.35$2.66—$13.50—————
2746$1.82$2.32—$14.0095.76%$0.82$1.10055
125171$1.78$1.98—$14.5094.58%$1.04$1.30458
165190$1.52$1.72—$15.00100.08%$1.42$1.6010315
371144$1.31$1.59103.04%$15.50—$1.56$1.8802
18729$0.79$1.2297.77%$16.50—————
61202$0.73$0.9395.99%$17.00—————
29$0.61$0.7694.81%$17.50—$2.89$3.3010
1616$0.49$0.6895.53%$18.00—————
2223$0.34$0.5096.41%$19.00—————
5310$0.23$0.3093.56%$20.00—————

Forward $15.11. The 25-delta put carries -0.44 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 83.07%±4.12skew +1.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
015$10.65$14.55—$2.50—————
3186$6.45$9.60—$7.50—————
82995$5.05$5.70—$10.0089.89%$0.11$0.142,993752
3852,145$3.10$3.35—$12.5085.28%$0.49$0.606,618637
3,3949,294$1.64$1.80—$15.0083.22%$1.47$1.602,200782
1,1384,010$0.79$0.8882.92%$17.50—$3.00$3.202,965115
2,7484,885$0.35$0.4383.82%$20.00—$4.95$5.356,68029
1561,835$0.12$0.1780.76%$22.50—$7.25$9.407770
1,8677,994$0.06$0.0984.49%$25.00—$9.60$11.6064229
—————$27.50—$11.85$14.40920
—————$30.00—$14.30$16.9020
—————$40.00—$24.20$26.9002

Forward $15.19. The 25-delta put carries +1.46 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 70.81%±4.64skew +3.68
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$10.80$14.60—$2.50—————
331$8.80$12.10—$5.00—————
123403$7.45$8.00—$7.50—————
95956$5.20$5.70—$10.0076.20%$0.16$0.202,635117
3944,809$3.40$3.60—$12.5073.42%$0.66$0.695,356573
3,04610,704$1.95$2.05—$15.0072.24%$1.61$1.806,573356
1,72610,705$0.97$1.0669.11%$17.50—$3.15$3.3013,23817
6,39610,071$0.49$0.5569.74%$20.00—$5.05$5.606,87615
2646,790$0.24$0.3070.97%$22.50—$7.30$7.704,10840
1,1838,702$0.14$0.1974.55%$25.00—$9.70$10.202452
—————$27.50—$12.15$13.851510
—————$30.00—$14.55$16.15355
101,451$0.03$0.0479.46%$32.50—$16.80$18.85260
—————$35.00—$18.75$21.15280
—————$37.50—$20.45$24.35300
2378,220$0.01$0.0287.58%$40.00—$22.95$26.85390
—————$42.50—$26.85$28.90380
43,555$0.01$0.0296.50%$45.00—$29.35$31.35590
—————$47.50—$31.85$33.85880
—————$50.00—$34.55$36.35710
1,1111,351$0.01$0.02107.91%$52.50—$36.90$38.90230

Forward $15.30. The 25-delta put carries +3.68 volatility points over the 25-delta call.

2027-03-19(130 days)ATM 69.16%±6.35skew +2.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
3038$9.05$10.70—$5.00—————
2162$7.00$8.15—$7.50—————
27214$5.55$6.05—$10.0073.18%$0.42$0.481,8381,801
5252,250$3.95$4.15—$12.5070.79%$1.12$1.175,489547
9226,505$2.64$2.70—$15.0070.05%$2.23$2.364,5121,462
1,3217,214$1.67$1.7869.00%$17.50—$3.70$4.001,53825
2,17511,142$1.10$1.1569.30%$20.00—$5.60$5.803,11619
1781,766$0.68$0.7468.78%$22.50—$7.50$9.004,1792
2823,004$0.43$0.4969.06%$25.00—$9.90$11.458490
32,193$0.28$0.3169.05%$27.50—$12.25$12.65700
14811,221$0.18$0.2470.54%$30.00—————
372,727$0.09$0.1573.91%$35.00—————
511,088$0.08$0.1179.82%$40.00—————
2935,792$0.03$0.0580.55%$47.50—————

Forward $15.38. The 25-delta put carries +2.01 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 67.05%±6.83skew +3.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$9.05$10.80—$5.00—————
6091$6.75$8.25—$7.50—————
47115$5.70$6.15—$10.0070.82%$0.46$0.596542
11214$4.10$4.35—$12.5070.97%$1.19$1.472685
23652$2.79$2.97—$15.0067.81%$2.30$2.53707
1384,111$1.83$2.0466.96%$17.50—$3.80$4.05261
8457$1.18$1.4066.59%$20.00—$5.65$5.9010
78116$0.78$1.0267.72%$22.50—$7.75$8.0530
11229$0.51$0.6466.51%$25.00—$9.70$10.5530

Forward $15.47. The 25-delta put carries +3.26 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.