Options Skew Analytics

TXN option chain

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

Data as of 6 November 2026 (end of day)

2026-11-13(7 days)ATM 58.75%±22.61skew +7.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$26.05$29.00—$252.5066.62%$1.75$2.0124
60$24.35$26.05—$255.0065.95%$2.16$2.346248
52$22.10$24.60—$257.5064.62%$2.50$2.721145
160$20.10$22.50—$260.0064.10%$2.93$3.302652
361$18.35$20.15—$262.5063.22%$3.50$3.805130
270$16.65$17.50—$265.0062.65%$4.15$4.458439
11$14.85$16.55—$267.5062.19%$4.90$5.2020513
580$13.10$14.10—$270.0061.42%$5.65$6.0518394
21$11.55$13.00—$272.5060.18%$6.40$6.9522190
622$10.05$11.10—$275.0059.96%$7.50$8.007997
9811$8.75$9.90—$277.5059.36%$8.60$9.1512160
5614$7.45$8.5058.21%$280.00—$9.85$10.6011096
1428$6.25$7.3057.31%$282.50—$10.15$11.856714
43130$5.40$6.0556.66%$285.00—$12.30$13.357717
125$4.40$5.4056.83%$287.50—$13.15$14.8516939
40113$3.50$4.5055.72%$290.00—$15.70$16.853293
341,517$2.96$3.7055.55%$292.50—$16.70$18.553772
34122$2.35$2.9954.70%$295.00—$18.20$20.40847
566$1.87$2.4354.27%$297.50—$19.90$22.6517720
1511,720$1.51$2.1154.87%$300.00—$21.90$24.851922
1121$1.21$1.5453.76%$302.50—$24.00$27.10357

Forward $277.95. The 25-delta put carries +7.67 volatility points over the 25-delta call.

2026-11-20(14 days)ATM 53.25%±29.06skew +7.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$26.55$28.95—$255.0060.52%$3.95$4.35494208
05$24.65$26.60—$257.5059.34%$4.25$4.9528136
074$22.85$25.10—$260.0060.03%$5.10$5.751,62020
04$21.05$22.30—$262.5059.33%$5.80$6.3518011
0145$19.35$21.55—$265.0058.96%$6.50$7.2065224
212$17.85$18.80—$267.5058.23%$7.35$7.9022114
93423$16.20$17.15—$270.0058.02%$8.25$8.90934171
3879$14.70$15.95—$272.5056.26%$8.75$9.80517215
583$13.15$14.40—$275.0057.58%$10.45$10.951,08379
44109$11.85$13.25—$277.5055.25%$10.80$12.05142163
24870$10.55$11.3053.25%$280.00—$11.90$13.2574264
41671$9.50$10.2553.51%$282.50—$13.40$14.651620
146185$8.30$9.1552.93%$285.00—$14.25$16.203001
6081,216$7.40$8.4553.60%$287.50—$15.80$17.504980
1991,985$6.55$7.1052.47%$290.00—$18.00$19.3073320
26255$5.65$6.1551.77%$292.50—$18.60$20.901324
6311$4.80$5.5551.68%$295.00—$21.50$22.551490
475$4.20$4.8551.62%$297.50—$22.55$24.551000
101,816$3.60$4.5052.19%$300.00—$24.10$26.402250
2199$3.00$3.9051.69%$302.50—$26.10$28.35830
401,173$2.53$3.3551.34%$305.00—$28.50$30.6513024

Forward $278.63. The 25-delta put carries +7.85 volatility points over the 25-delta call.

2026-11-27(21 days)ATM 52.25%±34.91skew +7.31
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$53.15$56.40—$225.00—————
—————$230.0059.54%$1.26$1.756949
01$43.85$46.60—$235.00—————
01$35.30$38.55—$245.0057.09%$3.10$3.60190
—————$250.0056.18%$3.90$4.60541
—————$255.0055.58%$5.05$5.75200
21$24.25$25.80—$260.0054.68%$6.30$7.101851
01$20.85$23.20—$265.0054.28%$7.85$8.85171
04$17.85$19.40—$270.0053.24%$9.65$10.55571
73$15.05$16.55—$275.0052.64%$11.75$12.70172
58$12.40$14.0052.31%$280.00—$14.15$15.255944
24$10.05$11.8051.82%$285.00—$16.65$17.902640
47$8.10$9.7551.32%$290.00—$19.85$21.00289
622$6.45$7.3549.62%$295.00—$21.80$24.30222
1013$5.00$5.7548.83%$300.00—$26.30$28.00212
935$3.85$4.4548.27%$305.00—$29.25$31.95160
2097$2.87$3.4547.78%$310.00—$33.00$36.00144
994$2.16$2.7647.91%$315.00—$37.20$40.3542
975$1.64$2.2348.28%$320.00—$41.80$44.8520
39$1.26$1.8348.90%$325.00—$46.40$49.4520
—————$330.00—$51.10$54.2590

Forward $278.50. The 25-delta put carries +7.31 volatility points over the 25-delta call.

2026-12-04(28 days)ATM 49.75%±38.43skew +6.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$87.20$90.55—$190.00—————
01$82.35$85.70—$195.00—————
01$72.80$76.00—$205.00—————
01$58.30$61.70—$220.00—————
—————$235.0056.49%$2.18$3.3542
—————$245.0053.34%$3.30$4.75922
01$33.05$35.70—$250.0054.00%$4.80$5.851727
01$29.30$31.95—$255.0053.15%$5.85$7.15271
01$25.90$27.80—$260.0052.03%$6.90$8.7083
—————$265.0051.98%$9.00$10.20615
—————$270.0051.09%$10.85$11.95124
11$16.70$18.80—$275.0050.49%$12.95$14.1054
04$14.05$15.6049.97%$280.00—$15.30$16.551361
04$11.70$13.2549.38%$285.00—$17.65$19.3080
61$9.65$11.6549.71%$290.00—$20.05$22.35100
20$7.85$9.2548.30%$295.00—$23.95$25.60223
5149$6.30$7.4047.39%$300.00—$27.55$28.8575
1011$5.10$5.9046.93%$305.00—$30.35$32.9590
4043$3.90$4.6546.10%$310.00—————
—————$315.00—$38.20$41.7010
—————$365.00—$85.50$88.9510

Forward $278.90. The 25-delta put carries +6.22 volatility points over the 25-delta call.

2026-12-11(35 days)ATM 49.55%±42.88skew +5.61
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$45.95$49.15—$235.00—————
—————$245.0052.92%$4.00$6.20211
—————$250.0053.52%$5.50$7.5513
—————$255.0052.05%$6.55$8.65132
—————$260.0051.91%$8.05$10.40132
—————$265.0050.45%$9.40$11.9002
—————$270.0050.24%$11.60$13.7532
—————$275.0049.28%$13.40$15.9562
20$15.40$18.3049.79%$280.00—$16.20$18.6013
01$13.10$15.8549.28%$285.00—$18.90$21.0560
02$11.00$13.7548.91%$290.00—————
01$9.15$11.7548.41%$295.00—————
1598$7.30$9.9547.54%$300.00—$27.75$30.6050
19$6.10$8.5047.62%$305.00—$32.30$34.30814
01$4.55$7.0546.44%$310.00—————
340$4.00$5.7046.58%$315.00—————
03$2.43$4.0546.34%$325.00—$47.55$50.8001

Forward $279.45. The 25-delta put carries +5.61 volatility points over the 25-delta call.

2026-12-18(42 days)ATM 48.33%±45.91skew +6.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
5182$51.65$54.45—$230.0055.90%$3.55$3.851,70671
02$47.20$50.25—$235.0054.50%$3.95$4.708589
0151$43.10$46.20—$240.0053.65%$4.75$5.6087930
017$39.30$42.05—$245.0052.79%$5.75$6.5513740
1485$35.70$38.20—$250.0052.05%$6.85$7.751,02555
247$32.25$34.55—$255.0051.60%$8.20$9.2026829
7481$28.90$31.15—$260.0051.50%$10.05$10.752,905303
410$25.60$27.85—$265.0051.12%$11.90$12.5017828
4830$22.65$24.85—$270.0050.32%$13.60$14.5055584
6330$19.95$22.00—$275.0048.86%$14.85$16.85770183
9681$17.40$19.30—$280.0048.67%$17.50$19.15993135
52200$15.00$16.9048.19%$285.00—$20.10$21.8037842
379737$12.90$14.4047.42%$290.00—$22.65$24.80624208
65188$10.95$12.5547.16%$295.00—$26.20$27.8075177
92,347$9.15$10.4546.20%$300.00—$29.15$31.1032737
6164$7.70$9.0546.17%$305.00—$33.20$34.701096
12876$6.45$7.1545.13%$310.00—$36.15$38.403885
9306$5.20$6.1544.92%$315.00—$40.00$42.25270
361,009$4.35$4.9044.43%$320.00—$44.15$46.551290
9474$3.30$4.3544.33%$325.00—$48.00$50.8070
801,780$2.89$3.2043.79%$330.00—$52.30$55.25200

Forward $280.03. The 25-delta put carries +6.67 volatility points over the 25-delta call.

2027-01-15(70 days)ATM 45.57%±56.03skew +6.49
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
21,460$54.60$56.40—$230.0051.06%$5.35$6.1066028
0750$50.75$53.45—$235.0050.43%$6.30$7.051,00320
3299$47.05$49.45—$240.0050.26%$7.65$8.151,3461,531
039$43.45$45.80—$245.0049.69%$8.90$9.3564939
2521$39.75$41.35—$250.0048.92%$10.05$10.751,29174
58107$36.20$37.85—$255.0048.54%$11.65$12.3086516
11,962$33.15$35.40—$260.0047.98%$13.25$14.001,73229
19106$29.95$32.25—$265.0047.58%$15.05$15.956776
711,099$27.20$29.20—$270.0047.09%$17.05$17.956403
3219$24.25$26.40—$275.0046.78%$19.30$20.2058813
68687$21.90$23.95—$280.0046.48%$21.70$22.6590215
10207$19.30$21.4045.75%$285.00—$23.40$25.5021710
19457$17.15$18.8545.13%$290.00—$26.45$28.204380
21541$15.15$16.4544.47%$295.00—$28.85$31.203590
42787$13.50$14.4544.25%$300.00—$32.45$34.251,6472
1481$11.50$13.3544.28%$305.00—$35.35$37.7037415
24892$9.55$11.7043.42%$310.00—$38.80$41.3537913
7445$8.70$9.7543.10%$315.00—$43.25$44.803295
74,050$7.50$8.4042.75%$320.00—$46.30$48.653830
51,060$6.40$7.2542.43%$325.00—$50.30$52.701,0200
45870$5.40$6.1041.90%$330.00—$54.45$56.8043610

Forward $280.76. The 25-delta put carries +6.49 volatility points over the 25-delta call.

2027-02-19(105 days)ATM 46.58%±70.10skew +5.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$57.90$60.65—$230.0051.76%$8.60$10.6530626
03$54.45$56.85—$235.0051.23%$9.80$11.901346
3228$50.85$53.40—$240.0049.92%$11.45$12.209789
072$47.55$49.85—$245.0049.65%$13.15$13.607730
092$44.15$46.50—$250.0048.72%$14.15$15.3013812
053$40.70$43.30—$255.0048.51%$16.10$17.005577
081$37.95$40.15—$260.0048.83%$17.70$19.90622
1253$34.90$37.25—$265.0048.24%$20.40$21.007111
1153$32.15$34.45—$270.0047.39%$21.75$23.40372
052$29.50$31.75—$275.0047.36%$23.95$26.158333
1885$27.00$29.30—$280.0047.09%$27.05$28.00200
290$24.65$26.9046.75%$285.00—$29.00$31.15200
79113$22.55$24.7046.56%$290.00—$31.70$33.80290
357$20.55$22.6046.31%$295.00—$34.55$36.60173
861$18.60$19.9045.38%$300.00—$37.40$39.55154
063$16.70$18.8545.68%$305.00—$40.45$42.65420
7561$15.25$16.6545.16%$310.00—$44.20$45.90120
080$13.65$14.5544.38%$315.00—$47.20$49.501640
7529$12.20$13.9044.83%$320.00—$50.75$53.05190
043$10.90$12.5044.54%$325.00—$55.20$56.7080
51261$9.70$11.2044.24%$330.00—$58.35$60.45260

Forward $280.63. The 25-delta put carries +5.41 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.