Options Skew Analytics

UPRO 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 57.70%±8.40skew +17.97
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
47102$9.30$10.10—$130.0066.85%$0.75$0.95445112
16$7.10$9.40—$131.0065.74%$0.85$1.152419
165$6.40$8.60—$132.0064.09%$1.00$1.3075
285$5.50$7.80—$133.0064.67%$1.20$1.65131
2103$5.10$7.00—$134.0062.90%$1.40$1.85136
177164$5.00$6.10—$135.0061.06%$1.60$2.107246
15124$3.70$5.50—$136.0060.93%$1.90$2.501517
1478$3.40$4.60—$137.0061.37%$2.15$3.10596
8039$2.90$4.10—$138.0066.68%$2.55$4.202722
2415$2.80$3.30—$139.00—$2.70$3.40325
1,576208$2.30$2.8051.93%$140.00—$3.40$4.2012235
105$1.60$2.3549.02%$141.00—$3.80$5.40171
119130$1.45$1.8049.10%$142.00—$4.20$6.10252
—————$143.00—$4.50$6.50321
1829$0.75$1.1546.70%$144.00—$5.60$7.40150
9991$0.55$0.8545.63%$145.00—$6.30$8.105220
—————$145.50—$6.10$8.90131
1415$0.40$0.6044.58%$146.00—$6.70$8.90471
—————$146.50—$7.50$9.20120
3014$0.30$0.4544.59%$147.00—$7.90$9.8050
—————$147.50—$7.90$10.6030

Forward $139.00. The 25-delta put carries +17.97 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 52.26%±12.54skew +11.94
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
40—$10.60$12.50—$129.0062.29%$1.80$2.75—0
1024$9.60$12.20—$130.0057.59%$2.05$2.3542214
73$9.20$10.90—$131.0059.15%$2.25$3.00150
56$8.30$10.10—$132.0057.59%$2.45$3.20112
44$7.60$9.40—$133.0055.24%$2.65$3.301272
112$6.60$8.80—$134.0054.12%$2.90$3.60273
133112$6.70$7.60—$135.0051.35%$3.20$3.601812
91$6.20$6.90—$136.0052.13%$3.50$4.30454
62$5.50$6.50—$137.0052.54%$3.90$4.90604
011$4.30$5.80—$138.0051.55%$4.20$5.40772
6180$4.20$5.1052.32%$139.00—$4.50$5.50200
1287$4.00$4.4052.24%$140.00—$5.00$5.6018229
025$3.10$4.2050.76%$141.00—$5.50$6.50548
1515$2.60$3.5048.37%$142.00—$6.00$7.40520
1179$2.35$2.9047.45%$143.00—$6.50$7.70201
1523$2.00$2.5046.70%$144.00—$6.60$9.20320
31107$1.40$2.1544.30%$145.00—$7.00$9.101570
16192$1.40$1.8045.15%$146.00—$8.10$9.206154
322$1.30$1.7545.65%$146.50—————
7124$1.10$1.5044.01%$147.00—$8.60$11.2050
63$1.05$1.4044.33%$147.50—————

Forward $138.25. The 25-delta put carries +11.94 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 45.29%±13.96skew +14.60
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$10.90$13.30—$129.00—————
4234$10.70$12.40—$130.00—————
0—$9.70$11.70—$131.00—————
0—$8.50$10.90—$132.00—————
0—$7.80$10.40—$133.0055.80%$3.20$5.20—6
04$7.00$9.40—$134.0055.80%$3.60$5.6020
5214$7.50$8.60—$135.0049.64%$3.90$4.701022
20$6.20$8.20—$136.00—————
67$5.90$7.40—$137.0049.68%$4.60$5.80430
—————$138.0046.51%$5.00$5.60845
—————$139.00—$5.30$6.40171
32119$4.60$5.3044.88%$140.00—$5.40$6.90340
—————$141.00—$6.00$7.90997
043$3.30$4.3042.26%$142.00—$6.60$8.70380
6216$2.40$3.9039.89%$143.00—$7.40$8.20324
51$2.30$3.3039.78%$144.00—$7.60$9.9010
1366$2.35$2.9541.19%$145.00—$8.20$9.901321
—————$147.00—$9.20$11.804215
—————$147.50—$9.80$11.90860
—————$148.00—$10.10$12.5010
—————$148.50—$10.50$12.9020

Forward $138.80. The 25-delta put carries +14.60 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 47.27%±17.06skew +11.90
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$12.60$15.50—$128.00—————
0—$11.80$14.30—$129.00—————
2095$11.00$13.60—$130.0053.09%$3.50$4.701001
0—$10.70$12.70—$131.00—————
0—$9.50$12.20—$132.0055.26%$3.90$6.40—0
0—$8.70$11.30—$133.0051.83%$4.20$6.00—0
—————$134.0047.98%$4.30$5.7010
11$8.10$9.70—$135.0045.16%$4.50$5.6063
—————$136.0045.08%$5.00$6.0001
20$6.20$8.20—$137.0045.53%$5.40$6.70100
04$5.20$7.5044.40%$138.00—$5.60$7.201034
474$5.70$6.9047.27%$139.00—$5.90$7.50790
392$4.70$6.5045.44%$140.00—$6.50$7.6090
0188$4.40$5.7044.49%$141.00—$6.90$8.301120
290$4.20$5.3045.13%$142.00—$6.90$8.70180
—————$143.00—$7.70$9.1030
489$3.60$4.2044.14%$144.00—————
13$3.30$3.8043.93%$145.00—$8.60$10.3090
07$2.50$3.4041.62%$146.00—$9.10$11.9010
110$2.15$3.1041.19%$147.00—————
—————$147.50—$9.80$12.8010

Forward $137.95. The 25-delta put carries +11.90 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 46.53%±21.12skew +19.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
051$23.00$26.80—$117.0066.68%$2.70$4.10110
01$22.10$25.90—$118.0063.40%$2.80$3.70770
01$21.50$24.30—$119.00—————
520$21.10$23.30—$120.0060.13%$3.10$3.602253
06$19.70$22.60—$121.0065.99%$3.30$5.50510
011$18.70$22.70—$122.0064.54%$3.40$5.60720
06$17.90$21.90—$123.0062.35%$3.60$5.40150
01$17.30$20.30—$124.0059.46%$3.80$5.0070
0459$16.50$19.10—$125.0057.27%$3.90$4.902282
14$15.70$18.70—$126.0058.10%$4.20$5.50110
—————$127.0059.43%$4.30$6.5050
—————$128.0058.70%$4.60$6.70390
33819$13.50$15.80—$129.0056.35%$4.80$6.50580
24244$14.10$15.00—$130.0053.36%$5.00$6.1047858
0121$12.00$14.20—$131.0054.31%$5.30$6.902851
7310$9.90$11.40—$135.0048.59%$5.70$8.004122
32241$7.50$8.3046.79%$140.00—$8.10$10.004009
11437$4.70$5.7042.85%$145.00—$10.40$12.8026315
29345$2.85$3.7040.40%$150.00—$13.40$16.001460
41261$1.80$2.4039.78%$155.00—$17.10$19.701060
16331$1.10$1.3038.37%$160.00—$20.80$23.90480

Forward $138.85. The 25-delta put carries +19.67 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 45.19%±22.03skew +14.55
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0—$14.70$17.30—$128.0055.87%$4.80$6.90—0
0—$13.90$16.50—$129.0057.13%$5.20$7.70—0
01$14.50$15.80—$130.00—————
0—$12.30$15.10—$131.0055.09%$5.70$8.10—0
0—$11.60$14.40—$132.0054.40%$6.00$8.40—0
0—$10.90$13.60—$133.0053.92%$6.40$8.70—0
131$11.20$12.50—$134.00—————
106$10.40$12.20—$135.0048.48%$6.00$8.90344
10$8.40$10.00—$138.0045.50%$7.20$9.5011
—————$139.00—$7.70$9.4072
2228$7.80$8.9045.89%$140.00—$8.60$10.801650
0146$6.90$8.4044.53%$141.00—$8.30$11.2010
05$6.30$7.6043.08%$142.00—————
0145$5.80$7.0042.30%$143.00—————
01$4.90$6.6040.89%$144.00—————
15$4.30$6.1039.89%$145.00—————
110$4.30$5.6040.38%$146.00—————
03$3.80$5.4039.38%$146.50—————
01$3.50$4.9038.90%$147.50—————
110$4.30$4.8041.67%$148.00—$12.40$15.2010
01$3.70$4.4041.32%$149.50—————

Forward $138.85. The 25-delta put carries +14.55 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 45.35%±26.90skew +16.51
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
273$48.70$50.70—$91.0077.78%$1.65$2.00173
0105$47.00$49.70—$92.0077.89%$1.55$2.401862
1293$45.20$47.30—$95.0078.47%$1.90$3.101130
0492$39.60$42.60—$100.0071.27%$2.35$2.854210
02,641$35.00$38.10—$105.0071.03%$2.75$4.40390
2328$31.20$33.20—$110.0063.67%$3.30$4.103630
2379$27.30$29.00—$115.0059.92%$4.00$4.802340
9769$22.60$25.00—$120.0055.77%$4.90$5.405660
5311$18.70$21.00—$125.0053.91%$5.90$7.102119
1384$16.10$17.20—$130.0050.65%$7.10$8.501740
12924$12.00$13.80—$135.0048.49%$8.70$10.501961
67730$9.40$10.7045.84%$140.00—$10.60$12.601700
842,349$7.10$8.0043.69%$145.00—$12.30$15.401585
122682$5.00$5.8041.44%$150.00—$15.00$18.20680
9388$3.40$4.2039.98%$155.00—$18.50$21.502780
20398$2.50$2.8539.26%$160.00—$22.90$25.00152
9409$1.50$2.3539.23%$165.00—$26.90$29.4020
59286$1.10$1.3037.82%$170.00—$31.00$33.7070
55231$0.70$0.9037.54%$175.00—$35.40$38.4050
—————$180.00—$40.00$43.1050
23157$0.30$0.4537.79%$185.00—————

Forward $138.44. The 25-delta put carries +16.51 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.