Options Skew Analytics

TTD 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 54.38%±1.09skew -1.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
27$6.45$6.95—$6.00—————
112$5.45$5.80—$7.00—————
23$4.45$4.80—$8.00—————
02$4.00$5.45—$8.50—————
51$2.40$3.75—$10.00—————
223$1.52$1.85—$11.0057.99%$0.02$0.0312052
35$1.16$1.50—$11.5055.80%$0.05$0.0843715
623$0.85$0.93—$12.0053.75%$0.14$0.163941,192
644174$0.52$0.58—$12.5054.26%$0.31$0.34788253
632234$0.29$0.3454.51%$13.00—$0.58$0.601,25457
165513$0.16$0.1855.64%$13.50—$0.94$1.04695138
229514$0.08$0.1158.59%$14.00—$1.32$1.4350613
39859$0.05$0.0661.99%$14.50—$1.77$1.9411360
2,1721,297$0.03$0.0466.30%$15.00—$2.25$2.432844
391,269$0.02$0.0678.45%$15.50—$2.67$3.05370
56692$0.01$0.0480.53%$16.00—$3.20$3.50800
8158$0.01$0.0385.80%$16.50—$3.70$3.9561
22614$0.01$0.0289.64%$17.00—$4.20$4.351790
—————$17.50—$4.70$5.0022
—————$18.00—$5.10$5.60614
—————$18.50—$5.70$5.8552

Forward $12.73. The 25-delta put carries -1.89 volatility points over the 25-delta call.

2026-10-09(16 days)ATM 54.05%±1.44skew -1.91
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$5.55$5.80—$7.00—————
01$4.45$4.85—$8.00—————
026$3.40$4.75—$9.00—————
022$2.48$3.75—$10.00—————
010$2.00$3.15—$10.50—————
1010$1.69$2.28—$11.0057.92%$0.06$0.105944
241$1.28$1.51—$11.5054.28%$0.13$0.15489165
732$0.97$1.04—$12.0053.72%$0.26$0.27219621
4257$0.67$0.70—$12.5053.79%$0.45$0.4716469
15948$0.44$0.4754.28%$13.00—$0.70$0.7493820
128268$0.28$0.3054.82%$13.50—$1.05$1.1331049
93450$0.17$0.1955.63%$14.00—$1.41$1.5421715
219254$0.10$0.1357.44%$14.50—$1.78$1.9912419
57626$0.07$0.0859.53%$15.00—$2.28$2.47294
9230$0.04$0.0661.74%$15.50—$2.70$2.9711
292,595$0.03$0.0464.33%$16.00—$3.15$3.451240
1399$0.03$0.0471.03%$16.50—$3.70$3.9043
46336$0.02$0.0475.29%$17.00—$4.15$4.4510
—————$17.50—$4.65$4.9510
—————$18.00—$5.20$5.4502
—————$19.00—$6.15$6.5002

Forward $12.73. The 25-delta put carries -1.91 volatility points over the 25-delta call.

2026-10-16(23 days)ATM 54.18%±1.73skew -1.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
241$4.85$5.45—$7.50—————
24247$2.61$3.00—$10.0057.03%$0.01$0.056553
—————$10.5057.61%$0.06$0.0802
130$1.77$2.03—$11.0055.02%$0.11$0.134728
411$1.38$1.51—$11.5054.30%$0.21$0.2295
2531$1.08$1.14—$12.0053.43%$0.34$0.373121,071
1,0102,847$0.78$0.83—$12.5053.84%$0.54$0.594,413409
196412$0.56$0.5954.24%$13.00—$0.80$0.86159109
345129$0.37$0.4254.26%$13.50—$1.13$1.18653
246322$0.26$0.2955.45%$14.00—$1.51$1.621328
31239$0.17$0.2056.10%$14.50—$1.85$2.0420
1,39311,068$0.13$0.1458.43%$15.00—$2.33$2.424,537142
11101$0.08$0.1159.90%$15.50—$2.79$2.9502
2231$0.05$0.0860.87%$16.00—$3.25$3.45174
1282$0.05$0.0664.58%$16.50—$3.65$3.9520
046$0.04$0.0871.48%$17.00—————
1628,342$0.03$0.0469.42%$17.50—$4.70$4.953,0863
—————$18.00—$5.20$5.4503
—————$18.50—$5.20$7.7010
909,837$0.02$0.0387.18%$20.00—$7.05$8.4044276
—————$22.50—$8.60$11.905560

Forward $12.74. The 25-delta put carries -1.15 volatility points over the 25-delta call.

2026-10-23(30 days)ATM 54.26%±1.98skew -2.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$2.44$4.00—$10.0058.04%$0.05$0.074910
—————$11.0054.47%$0.15$0.199648
—————$11.5054.26%$0.28$0.29214217
135$1.16$1.24—$12.0054.38%$0.43$0.4715961
23816$0.89$0.92—$12.5053.75%$0.62$0.6990162
29330$0.66$0.7054.48%$13.00—$0.92$0.9418364
15862$0.49$0.6258.83%$13.50—$1.24$1.2619277
20101$0.35$0.3755.21%$14.00—$1.57$1.79174124
127101$0.26$0.2856.86%$14.50—$1.98$2.20750
29457$0.17$0.2056.57%$15.00—$2.18$2.652810
62167$0.12$0.1859.56%$15.50—$2.68$3.20190
3177$0.09$0.1259.78%$16.00—$3.15$3.5510
186$0.07$0.0961.31%$16.50—$3.65$4.0050
5235$0.05$0.1166.50%$17.00—$4.05$4.65812
615$0.03$0.0764.85%$17.50—$4.60$5.1060
134$0.02$0.0869.29%$18.00—$5.15$5.608210
—————$18.50—$5.65$6.1012
—————$20.00—$6.10$9.4010

Forward $12.75. The 25-delta put carries -2.60 volatility points over the 25-delta call.

2026-10-30(37 days)ATM 54.63%±2.22skew -1.33
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$10.5056.79%$0.13$0.1723
—————$11.0055.55%$0.21$0.267543
—————$11.5054.88%$0.34$0.38629
732$1.24$1.35—$12.0054.86%$0.50$0.5727245
211$0.96$1.06—$12.5055.13%$0.71$0.818617
304107$0.72$0.8254.62%$13.00—$0.98$1.08124124
8358$0.55$0.6355.19%$13.50—$1.28$1.43810
53197$0.42$0.5658.64%$14.00—$1.63$1.786025
235288$0.31$0.3656.21%$14.50—$2.03$2.161440
99177$0.24$0.2757.20%$15.00—$2.42$2.66150
3688$0.18$0.2057.76%$15.50—$2.80$3.0531
673$0.14$0.1759.92%$16.00—$3.15$3.601050
—————$16.50—$3.70$4.0544
193$0.09$0.1163.04%$17.00—$4.20$4.45415
—————$17.50—$4.65$5.1560
2259$0.05$0.0865.67%$18.00—$5.15$5.65270
—————$18.50—$4.80$7.0530
—————$20.00—$6.15$9.30400

Forward $12.75. The 25-delta put carries -1.33 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 67.72%±4.88skew +0.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$8.75$12.30—$2.50—————
018$7.60$8.45—$5.00—————
10431$5.35$5.80—$7.5072.75%$0.15$0.181,8717
13432$3.40$3.60—$10.0069.04%$0.63$0.682,24792
4113,555$2.07$2.11—$12.5068.01%$1.68$1.723,248730
6626,341$1.16$1.2167.62%$15.00—$3.25$3.356,662556
3099,060$0.64$0.7068.17%$17.50—$5.20$5.3513,592650
3649,542$0.40$0.4370.68%$20.00—$7.45$7.658,014235
516,476$0.25$0.2872.80%$22.50—$9.75$10.005,12312
707,581$0.17$0.2075.60%$25.00—$12.20$12.455,12214
95,374$0.12$0.1477.69%$27.50—$14.20$15.001,2170
23119,106$0.10$0.1181.11%$30.00—$17.10$17.45481
1621,406$0.06$0.1083.10%$32.50—$19.50$20.051540
23,215$0.06$0.0987.33%$35.00—$22.00$22.605140
—————$37.50—$24.20$25.002280
147,718$0.05$0.0894.30%$40.00—$26.70$27.75390
—————$42.50—$29.20$30.002500
—————$45.00—$31.80$32.651490
—————$47.50—$34.20$35.203170
4913,255$0.01$0.06100.27%$50.00—$37.10$37.70820
—————$52.50—$39.00$40.20840

Forward $12.90. The 25-delta put carries +0.86 volatility points over the 25-delta call.

2027-03-19(177 days)ATM 69.18%±6.29skew -1.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
032$7.60$8.20—$5.0076.87%$0.04$0.08145
0114$5.55$6.35—$7.5077.19%$0.34$0.467992
4192$3.90$4.05—$10.0072.01%$1.03$1.051,50624
578818$2.62$2.80—$12.5070.63%$2.10$2.243,24071
3692,841$1.70$1.8369.13%$15.00—$3.70$3.804,632197
346,496$1.17$1.2270.01%$17.50—$5.60$5.801,53636
29810,941$0.81$0.9873.37%$20.00—$7.70$7.953,1860
161,555$0.57$0.6372.74%$22.50—$9.90$10.254,1580
262,655$0.41$0.4573.52%$25.00—$12.35$12.608512
2592,196$0.25$0.3473.19%$27.50—$14.25$15.101840
2057,152$0.23$0.2776.15%$30.00—$16.70$17.502090
01,920$0.14$0.2376.46%$32.50—$17.80$21.8520
302,708$0.12$0.1777.39%$35.00—————
2136$0.10$0.1579.33%$37.50—————

Forward $13.05. The 25-delta put carries -1.36 volatility points over the 25-delta call.

2027-04-16(205 days)ATM 69.81%±6.82skew -0.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
084$5.65$6.40—$7.5070.50%$0.29$0.47460
036$4.00$4.20—$10.0071.00%$1.13$1.18710
2124$2.76$2.91—$12.5069.59%$2.24$2.381922
0364$1.91$2.0269.82%$15.00—$3.70$4.00510
111675$1.30$1.4870.70%$17.50—$5.70$5.9030
15165$0.89$1.0069.92%$20.00—————
065$0.61$0.7871.17%$22.50—————
965$0.49$0.5371.85%$25.00—$12.35$12.6010

Forward $13.04. The 25-delta put carries -0.17 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.