Options Skew Analytics

U option chain

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

Data as of 23 September 2026 (end of day)

2026-09-25(2 days)ATM 80.66%±2.63skew -9.28
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
71120$5.90$8.35—$36.50—————
627$6.70$7.85—$37.00—————
512$4.90$7.25—$37.50—————
512$5.05$6.70—$38.00—————
38$3.95$6.50—$38.50—————
220$4.70$6.00—$39.0081.18%$0.01$0.033,32280
256$3.70$4.60—$40.00—————
13759$2.40$3.40—$41.50—————
221189$2.09$2.97—$42.00—————
615330$1.53$1.93—$43.0077.28%$0.43$0.6919637
1,761118$1.01$1.59—$43.50—————
2,527353$0.92$1.20—$44.0080.22%$0.86$1.19131245
11,092981$0.63$0.7684.58%$45.00—————
1,917281$0.35$0.5086.56%$46.00—————
18698$0.27$0.4389.88%$46.50—————
452178$0.12$0.1891.49%$48.00—$3.45$5.3050
—————$48.50—$3.85$5.6563
—————$49.00—$4.30$6.7573
—————$49.50—$4.80$6.8032
2,250747$0.07$0.11108.16%$50.00—$5.30$7.7064
—————$51.00—$6.20$7.8510

Forward $44.04. The 25-delta put carries -9.28 volatility points over the 25-delta call.

2026-10-02(9 days)ATM 63.12%±4.38skew -0.10
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
210$5.55$8.05—$37.00—————
05$4.75$7.15—$38.00—————
1020$3.80$5.15—$40.0064.15%$0.30$0.43177101
054$3.05$4.90—$41.00—————
—————$41.5067.38%$0.61$0.9525120
30150$2.90$3.15—$42.0062.63%$0.69$0.965816
3162$2.48$2.93—$42.5065.72%$0.91$1.248520
4867$2.19$2.50—$43.0062.55%$1.10$1.2823889
31886$2.00$2.23—$43.5064.49%$1.29$1.637538
479216$1.80$1.98—$44.0065.70%$1.55$1.9211825
9930$1.49$1.6562.63%$44.50—$1.73$2.131216
2,851303$1.31$1.4864.02%$45.00—$2.11$2.484111
12673$1.14$1.3565.59%$45.50—$2.01$2.8270
595143$0.96$1.1765.32%$46.00—$2.78$3.1550
6212$0.85$1.0366.46%$46.50—————
757619$0.80$0.9268.85%$47.00—$3.50$3.85155
3217$0.63$0.7867.48%$47.50—$2.94$4.40015
363173$0.57$0.6668.29%$48.00—————
81619$0.43$0.5170.02%$49.00—$4.55$6.30240
83$0.36$0.5673.65%$49.50—————
1,147220$0.35$0.3872.05%$50.00—$5.65$7.45250

Forward $44.16. The 25-delta put carries -0.10 volatility points over the 25-delta call.

2026-10-09(16 days)ATM 65.95%±6.09skew -5.00
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
210$7.55$10.55—$35.00—————
08$7.30$9.75—$36.00—————
01$6.15$9.10—$36.50—————
01$5.65$8.90—$37.00—————
02$4.75$7.70—$38.00—————
—————$40.5061.53%$0.70$0.9720
419$3.70$4.70—$41.00—————
17490$3.10$3.75—$42.0060.93%$1.14$1.4714312
1100$2.35$3.40—$42.50—————
10110$2.71$3.15—$43.0062.14%$1.53$1.99952
3226$2.45$2.84—$43.50—————
9583$2.16$2.40—$44.0061.18%$2.00$2.427134
10310$2.10$2.3565.96%$44.50—$2.32$2.75036
573161$1.74$2.0763.06%$45.00—————
524$1.57$2.0465.74%$45.50—————
36079$1.37$1.7063.30%$46.00—————
4816$1.19$1.5863.78%$46.50—————
9330$1.20$1.4366.21%$47.00—————
4727$0.81$1.1764.49%$48.00—————
5724$0.66$1.0066.53%$49.00—————
7825$0.57$0.7767.41%$50.00—————

Forward $44.07. The 25-delta put carries -5.00 volatility points over the 25-delta call.

2026-10-16(23 days)ATM 60.06%±6.67skew -2.38
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0193$5.20$6.90—$38.5060.44%$0.55$0.66112
0168$5.00$6.40—$39.0059.90%$0.56$0.8314737
3144$4.50$6.20—$39.50—————
444536$5.05$5.30—$40.0062.65%$0.88$1.1912,40467
—————$40.5060.28%$1.00$1.201512
138184$3.85$4.90—$41.0060.31%$0.99$1.5374547
21$4.00$4.60—$41.5060.98%$1.33$1.59118
2552,145$3.70$4.10—$42.0060.86%$1.49$1.8088899
51314$3.15$3.90—$42.5060.03%$1.44$2.191136
2,092327$3.15$3.40—$43.0060.42%$1.92$2.18257132
49520$2.86$3.25—$43.5059.40%$2.02$2.46241
2,366518$2.65$2.85—$44.0057.72%$2.12$2.71335150
64317$2.45$2.7160.92%$44.50—$2.66$2.9820
5,8862,045$2.26$2.3259.34%$45.00—$2.94$3.253039
3501$2.02$2.1959.80%$45.50—$3.25$3.55714
117,664731$1.88$1.9159.37%$46.00—$3.45$4.0014547
78912$1.68$1.8360.25%$46.50—$3.60$4.2511
34,804711$1.56$1.6060.01%$47.00—$4.20$4.6531940
1,1142,811$1.30$1.4562.21%$48.00—$4.85$5.50102
1,4171,373$0.93$1.3062.02%$49.00—$5.75$7.0590
8,6651,527$0.90$0.9562.67%$50.00—$6.15$7.0525122

Forward $44.26. The 25-delta put carries -2.38 volatility points over the 25-delta call.

2026-10-30(37 days)ATM 59.81%±8.42skew -3.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$17.55$20.40—$25.00—————
04$8.50$10.65—$35.00—————
01$7.15$9.85—$36.00—————
—————$37.0062.26%$0.67$0.93219
—————$38.0058.94%$0.72$1.091248
01$6.05$7.60—$39.0061.58%$1.10$1.451410
221$5.45$6.35—$40.0058.76%$1.25$1.672728
5155$4.90$5.55—$41.0060.95%$1.71$2.13611
04$3.60$5.00—$42.0056.02%$1.65$2.4910
39153$3.70$4.30—$43.0060.90%$2.51$3.05226
1186$3.20$3.65—$44.00—————
10819$2.75$3.2559.84%$45.00—————
36929$2.35$2.7458.88%$46.00—————
1642$2.14$2.4961.22%$47.00—————
24$1.76$2.2861.69%$48.00—————
3510$1.55$1.9061.48%$49.00—————
6736$1.32$1.7362.49%$50.00—$7.00$7.5520
1013$0.94$1.2562.12%$52.00—————
47830$0.32$0.4166.61%$60.00—————

Forward $44.22. The 25-delta put carries -3.36 volatility points over the 25-delta call.

2026-11-20(58 days)ATM 69.87%±12.39skew -0.46
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12,086$13.85$16.80—$29.00—————
3374$13.05$15.35—$30.00—————
0432$12.10$14.50—$31.00—————
5396$11.20$13.65—$32.00—————
1249$10.35$12.65—$33.00—————
0971$9.75$11.90—$34.0072.18%$0.92$1.16817
02,098$9.85$10.95—$35.0067.89%$0.88$1.2937317
102292$9.10$10.35—$36.0067.00%$1.09$1.48872
2129$8.55$9.55—$37.0068.10%$1.48$1.742816
14,789$7.75$8.90—$38.0070.23%$1.89$2.181425
1209$7.00$8.15—$39.0067.29%$2.00$2.435450
126,582$6.85$7.50—$40.0068.67%$2.57$2.7848726
6167$6.25$6.90—$41.0068.19%$2.92$3.2019722
120458$5.80$6.45—$42.0067.68%$3.30$3.6536017
34434$5.30$5.85—$43.0068.30%$3.85$4.15692170
296660$4.85$5.20—$44.0068.04%$4.30$4.7049871
9141,907$4.40$4.7568.39%$45.00—$4.90$5.2548599
258523$4.10$4.4569.97%$46.00—$5.30$5.8550468
164602$3.60$4.1069.34%$47.00—$6.10$6.5017254
1,5064,185$2.86$2.9769.93%$50.00—$8.20$8.651,46510
28813,290$1.70$1.9070.69%$55.00—$12.10$13.052,4325

Forward $44.50. The 25-delta put carries -0.46 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 61.72%±15.44skew -1.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
053$17.25$19.60—$26.00—————
1796$16.30$18.60—$27.00—————
02,105$15.40$17.70—$28.0063.44%$0.41$0.6535720
02,057$14.50$16.95—$29.00—————
99,241$15.05$15.90—$30.0062.92%$0.69$0.918,46448
049$12.80$15.25—$31.0062.55%$0.79$1.131,2771
0866$12.00$14.40—$32.00—————
0141$12.00$13.60—$33.0064.00%$1.33$1.6116442
0135$11.35$12.85—$34.0061.34%$1.39$1.742700
181,417$10.75$12.10—$35.0062.03%$1.77$2.001,4456
785$10.10$11.50—$36.0062.15%$2.12$2.281652
03,124$9.25$10.70—$37.0061.83%$2.42$2.607580
12110$8.85$10.05—$38.0061.49%$2.75$2.9429141
0139$8.35$9.55—$39.0061.37%$3.10$3.352390
6718,663$8.05$8.50—$40.0060.88%$3.45$3.751,151113
37,353$7.10$7.55—$42.0060.70%$4.40$4.60382213
52516,701$5.75$5.9060.40%$45.00—$5.90$6.202,574109
41864$4.90$5.4061.60%$47.00—$7.10$7.4522028
7927,507$4.00$4.3562.02%$50.00—$9.05$9.5039512
5188,358$2.66$3.0561.86%$55.00—$12.65$14.05350
2547,105$1.83$2.1562.52%$60.00—$16.70$18.7060

Forward $44.77. The 25-delta put carries -1.03 volatility points over the 25-delta call.

2027-02-19(149 days)ATM 62.00%±17.91skew -0.71
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10100$14.20$16.50—$30.00—————
061$13.45$15.85—$31.0067.09%$1.36$1.881220
035$12.70$15.20—$32.0064.45%$1.40$2.011270
06$11.95$14.55—$33.0063.51%$1.67$2.15870
026$11.25$13.65—$34.0064.76%$2.10$2.49932
9182$12.00$12.80—$35.0063.74%$2.27$2.801362
09$9.90$12.35—$36.0064.47%$2.68$3.20650
0291$10.15$11.75—$37.0062.16%$2.76$3.453380
0112$10.30$11.10—$38.0065.22%$3.55$4.001120
0667$9.60$10.60—$39.0064.73%$3.95$4.351833
01,834$8.70$10.05—$40.0064.03%$4.35$4.701531
06$7.85$9.45—$41.0063.63%$4.65$5.255310
4129$7.60$8.80—$42.0064.92%$5.30$5.85390
017$7.50$8.40—$43.0063.39%$5.65$6.20462
017$7.20$7.95—$44.0062.86%$5.75$7.05640
232,002$6.70$7.45—$45.0062.14%$6.30$7.452000
0215$6.20$7.0561.76%$46.00—$6.85$8.10470
1275$5.80$6.5561.20%$47.00—$7.85$8.70340
20241$4.95$5.6062.47%$50.00—$9.75$11.452470
0197$3.60$4.3063.11%$55.00—$13.40$15.2510
133224$2.61$3.1562.87%$60.00—$17.40$19.25250

Forward $45.20. The 25-delta put carries -0.71 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.