Options Skew Analytics

TXN option chain

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

Data as of 24 September 2026 (end of day)

2026-10-02(8 days)ATM 39.07%±15.64skew -0.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
28$29.45$32.05—$240.00—————
02$24.55$27.30—$245.0042.41%$0.30$0.50383
01$22.20$24.90—$247.50—————
16$19.85$22.60—$250.00—————
—————$252.5039.63%$0.71$1.12222
163$15.95$17.85—$255.0039.31%$1.01$1.491537
01$13.40$16.20—$257.5038.55%$1.31$1.95210
562$12.30$12.80—$260.0038.14%$1.79$2.51624
09$10.50$11.30—$262.5039.01%$2.79$3.15161
1450$8.60$9.65—$265.0039.00%$3.65$4.00925
130$7.25$8.15—$267.5038.92%$4.65$5.006339
9228$6.05$6.90—$270.0039.27%$5.80$6.30624
3112$4.90$5.5038.59%$272.50—$7.10$7.55380
10101$3.85$4.5538.66%$275.00—$8.60$9.10190
1,32435$3.05$3.6538.73%$277.50—$9.55$10.65154
7475$2.19$2.7837.66%$280.00—$11.05$12.5050
121$1.80$2.3439.02%$282.50—$12.55$15.1508
1,39654$1.34$1.7238.52%$285.00—$14.55$17.2580
—————$287.50—$16.70$19.50150
—————$290.00—$18.95$20.9501
—————$297.50—$26.05$27.9510

Forward $270.43. The 25-delta put carries -0.89 volatility points over the 25-delta call.

2026-10-09(15 days)ATM 37.10%±20.35skew +1.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$30.10$33.05—$240.00—————
114$25.50$28.30—$245.00—————
10$23.30$26.15—$247.50—————
054$21.20$24.05—$250.0038.82%$1.42$1.952322
—————$252.5038.58%$1.79$2.4313
04$17.40$20.00—$255.0038.25%$2.15$3.051720
—————$257.5037.89%$2.69$3.6502
041$13.80$15.25—$260.0038.81%$3.85$4.3039712
02$12.10$13.95—$262.50—————
11366$10.65$11.70—$265.0038.34%$5.60$6.001841
02$9.25$10.25—$267.5038.20%$6.65$7.05012
0149$8.30$8.85—$270.0037.97%$7.80$8.201113
01$6.45$7.7036.49%$272.50—————
022$5.65$6.6537.10%$275.00—$10.30$10.95460
08$5.00$5.5537.41%$277.50—————
879$4.15$4.7037.33%$280.00—$12.85$14.2540
01$3.25$4.0036.95%$282.50—————
0110$2.60$3.3536.81%$285.00—————
11$1.92$2.7436.13%$287.50—————
2171$1.84$2.1436.84%$290.00—————
2—$1.41$1.9037.20%$292.50—$22.00$24.75—0

Forward $270.58. The 25-delta put carries +1.08 volatility points over the 25-delta call.

2026-10-16(22 days)ATM 38.04%±25.28skew +1.40
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$245.0039.76%$1.66$2.352165
—————$247.5039.45%$1.99$2.815100
11,173$22.65$25.30—$250.0039.80%$2.80$3.151,51742
—————$252.5038.92%$2.99$3.80852
—————$255.0039.36%$3.95$4.3565
—————$257.5039.24%$4.70$5.05214
1597$15.65$17.45—$260.0038.85%$5.45$5.801,73898
03$13.90$15.65—$262.5037.92%$5.65$7.0040
091$12.45$14.25—$265.0038.82%$7.25$7.902594
09$10.80$12.35—$267.5038.55%$8.40$8.85110
361,648$10.10$11.00—$270.0038.66%$9.50$10.257379
03$8.20$10.1537.92%$272.50—$9.75$11.5030
5253$7.45$9.3539.08%$275.00—$11.30$12.90010
05$6.45$7.8538.08%$277.50—————
391,582$6.00$6.6038.26%$280.00—$14.95$15.851,1452
131$4.95$6.1038.40%$282.50—$15.55$17.4040
162107$4.45$4.9537.99%$285.00—————
121$3.70$4.3537.86%$287.50—————
1182,046$3.10$3.8537.96%$290.00—$21.00$23.654710
0—$2.25$3.5537.60%$292.50—$23.10$25.70—0
114159$1.95$2.5036.26%$295.00—————

Forward $270.68. The 25-delta put carries +1.40 volatility points over the 25-delta call.

2026-10-23(29 days)ATM 45.69%±34.89skew +2.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$74.60$77.90—$195.00—————
03$69.70$73.00—$200.00—————
02$60.15$63.30—$210.00—————
01$46.10$49.25—$225.0048.62%$1.13$1.603014
10$41.90$44.50—$230.0049.13%$1.66$2.351190
—————$235.0048.45%$2.29$3.001371
01$32.90$36.30—$240.0047.30%$3.15$3.551461
012$29.05$31.95—$245.0047.13%$4.10$4.753410
03$25.55$28.25—$250.0046.63%$5.40$5.90222
020$22.15$24.75—$255.0046.37%$6.90$7.451512
064$19.05$20.95—$260.0045.97%$8.65$9.203111
014$16.60$17.35—$265.0045.92%$10.75$11.3591
291$13.85$14.75—$270.0045.74%$13.10$13.75330
023$11.60$12.4045.65%$275.00—$15.75$16.45260
0316$9.50$10.4045.48%$280.00—————
1115$7.95$8.6045.68%$285.00—$21.65$22.6510
038$5.65$7.1544.27%$290.00—————
143$4.60$5.8544.53%$295.00—$27.85$30.4510
2102$3.95$4.7545.26%$300.00—————
221$3.10$3.9045.41%$305.00—————
393$2.45$3.1045.42%$310.00—————

Forward $270.88. The 25-delta put carries +2.10 volatility points over the 25-delta call.

2026-10-30(36 days)ATM 48.14%±40.90skew +1.82
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$109.45$112.75—$160.00—————
01$89.85$92.95—$180.00—————
—————$225.0051.12%$1.92$2.98472
—————$230.0050.57%$2.48$3.80520
02$38.40$41.40—$235.0049.79%$3.40$4.45358
—————$240.0049.80%$4.35$5.75260
03$30.50$33.40—$245.0048.25%$5.25$6.70541
06$27.20$29.85—$250.0047.75%$6.75$7.95114
012$23.90$26.50—$255.0048.69%$8.30$10.4590
01$20.90$22.70—$260.0047.89%$10.35$11.90102
045$17.95$20.50—$265.0048.30%$12.25$14.7530
212$15.25$17.65—$270.0047.96%$14.60$17.1531
08$13.30$15.2548.17%$275.00—$17.35$19.7520
053$10.90$13.1547.46%$280.00—$20.10$22.6540
061$9.05$11.1547.03%$285.00—$23.20$25.75100
211$7.05$9.6046.35%$290.00—————
010$6.00$7.9046.28%$295.00—————
018$4.90$6.7546.43%$300.00—————
249$4.25$5.7547.12%$305.00—————
06$2.98$4.7045.87%$310.00—$41.95$44.9510
011$2.56$4.0546.69%$315.00—————

Forward $270.58. The 25-delta put carries +1.82 volatility points over the 25-delta call.

2026-11-06(43 days)ATM 46.66%±43.32skew +3.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$51.80$54.70—$220.00—————
0—$47.35$50.30—$225.00—————
0—$43.05$46.05—$230.00—————
0—$38.90$41.75—$235.0049.09%$4.05$5.50—5
0—$35.35$37.85—$240.00—————
0—$31.55$34.10—$245.0048.40%$5.70$8.75—0
0—$28.15$30.65—$250.0047.62%$7.45$9.75—0
0—$24.95$27.35—$255.0048.28%$9.80$11.50—0
0—$21.80$24.35—$260.0047.01%$10.80$13.75—0
0—$19.15$21.10—$265.0046.92%$13.75$15.30—0
0—$16.20$18.85—$270.0047.03%$16.25$17.90—0
0—$14.10$16.1546.58%$275.00—$18.45$20.85—0
3—$12.00$14.1046.42%$280.00—$21.50$23.05—0
0—$9.70$12.2045.58%$285.00—$24.85$26.45—0
0—$7.95$10.6545.41%$290.00—$27.55$30.10—0
0—$6.45$9.0044.87%$295.00—$31.20$33.60—0
0—$5.70$7.5045.15%$300.00—$35.00$37.50—0
—————$305.00—$39.00$41.35—0
1—$4.15$5.3545.57%$310.00—$43.10$45.60—0
—————$315.00—$46.85$50.20—0
—————$320.00—$51.30$54.25—0

Forward $270.45. The 25-delta put carries +3.26 volatility points over the 25-delta call.

2026-11-20(57 days)ATM 44.71%±47.83skew +2.27
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1701$53.10$55.40—$220.0048.29%$3.10$3.404266
—————$225.0047.46%$3.65$4.201610
3237$44.20$47.05—$230.0047.26%$4.75$5.001,0397
01$40.40$43.10—$235.0046.93%$5.65$6.25346
089$36.60$39.35—$240.0047.04%$7.05$7.601,31611
—————$245.0046.58%$8.50$8.90114
074$30.20$31.85—$250.0046.32%$10.10$10.559597
01$26.75$29.25—$255.0045.62%$11.25$12.70310
2112$23.90$26.30—$260.0046.02%$13.95$14.555759
0157$21.05$23.20—$265.0045.77%$16.15$16.80983
5376$18.55$20.70—$270.0045.57%$18.65$19.205370
1333$16.65$17.4044.71%$275.00—$21.35$22.00581
2329$14.45$15.4044.55%$280.00—$23.35$25.152181
1110$12.75$13.5044.65%$285.00—$26.10$28.50120
31,499$11.00$11.8044.49%$290.00—$29.35$31.754230
08$8.45$10.8043.75%$295.00—————
4946$8.15$8.9044.31%$300.00—$36.50$39.151255
06$6.50$8.1044.15%$305.00—————
61,135$6.10$6.5544.31%$310.00—$44.35$46.95750
732$5.15$5.7044.32%$315.00—————
0425$4.45$5.3545.23%$320.00—$52.75$55.50440

Forward $270.70. The 25-delta put carries +2.27 volatility points over the 25-delta call.

2026-12-18(85 days)ATM 43.09%±56.41skew +1.88
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
012$95.40$98.05—$175.00—————
092$90.60$93.65—$180.00—————
052$85.85$88.70—$185.00—————
0143$81.45$83.80—$190.0048.60%$1.38$1.571530
056$76.40$79.10—$195.0047.86%$1.71$1.893420
0164$71.90$74.70—$200.0047.50%$2.08$2.421341
0233$63.00$65.65—$210.0046.22%$3.00$3.555583
0411$54.50$57.20—$220.0045.21%$4.55$4.9070819
0202$46.65$49.20—$230.0044.64%$6.60$6.951,51950
0175$39.50$41.80—$240.0044.38%$9.30$9.7574217
0284$32.80$35.45—$250.0044.04%$12.65$13.15724118
7727$27.65$28.60—$260.0043.48%$16.60$17.102,69526
6816$22.50$23.35—$270.0043.29%$21.40$21.954363
27530$18.10$18.9043.02%$280.00—$26.95$27.4537111
203596$14.40$15.1042.78%$290.00—$33.20$34.003135
181,459$10.90$12.6542.88%$300.00—$38.90$41.352710
2699$8.85$9.5042.64%$310.00—$46.40$48.901350
1766$6.75$7.4542.50%$320.00—$54.50$57.001320
1651$5.20$5.8542.61%$330.00—$62.95$65.00280
2230$3.90$4.5542.56%$340.00—$71.85$74.4560
17671$2.40$3.6041.74%$350.00—$81.00$83.5520

Forward $271.26. The 25-delta put carries +1.88 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.