Options Skew Analytics

UVXY 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 130.58%±2.53skew -58.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$4.95$7.50—$13.00—————
911$4.35$4.70—$14.00—————
821$3.60$4.40—$14.50—————
9550$3.15$3.70—$15.00—————
5130$2.70$4.05—$15.50—————
410729$2.45$2.70—$16.00—————
9543$1.90$2.94—$16.50—————
1,2631,466$1.63$1.93—$17.00106.08%$0.21$0.30896924
204,850$1.28$1.63—$17.50117.65%$0.36$0.5956138
1811,385$1.15$1.30—$18.00122.12%$0.64$0.77476663
295341$0.88$1.07127.02%$18.50—$0.88$1.09224421
1,156626$0.81$0.90139.55%$19.00—$1.21$1.361,3961,410
413471$0.68$0.77146.54%$19.50—$1.50$1.80419281
1,7022,205$0.60$0.68156.18%$20.00—$2.05$2.158651,389
356280$0.42$0.55152.54%$20.50—$2.05$2.705050
1,084721$0.43$0.48164.93%$21.00—$2.65$3.15492381
131221$0.38$0.42171.57%$21.50—$2.61$3.659785
5781,086$0.33$0.41180.89%$22.00—$3.65$3.852,8962,673
1,219316$0.25$0.38184.09%$22.50—$4.10$4.55116216
5591,454$0.23$0.31187.44%$23.00—$4.10$5.10136169
—————$23.50—$4.45$5.653112

Forward $18.49. The 25-delta put carries -58.85 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 122.77%±3.95skew -68.58
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20909$4.20$6.15—$14.0089.47%$0.01$0.064172
01$3.80$6.05—$14.5083.87%$0.03$0.067,79714
45968$3.35$4.40—$15.00—————
75186$2.94$4.10—$15.5092.31%$0.14$0.2219283
451,377$2.45$2.99—$16.0095.18%$0.24$0.34781641
7155$2.30$2.58—$16.50101.06%$0.43$0.502389
261,052$2.02$2.34—$17.00107.38%$0.61$0.77535220
14139$1.79$2.19—$17.50113.94%$0.89$1.0310125
751,284$1.69$1.80—$18.00113.06%$1.00$1.3566249
12598$1.40$1.63—$18.50117.11%$1.30$1.66335
4361,218$1.25$1.50123.22%$19.00—$1.65$2.0291113
48148$1.15$1.34128.24%$19.50—$1.87$2.5026132
1,2592,946$1.05$1.19132.06%$20.00—$2.46$2.721,1871,738
182350$0.84$1.20136.49%$20.50—$2.65$3.201869
118671$0.91$1.02143.47%$21.00—$3.30$3.659641
13068$0.85$0.95148.68%$21.50—$3.50$4.056820
1311,586$0.77$0.90153.01%$22.00—$4.05$4.60533430
—————$22.50—$3.75$4.95—0
67971$0.68$0.85164.94%$23.00—$5.05$5.408977
—————$23.50—$5.10$5.95—0
201,580$0.56$0.73169.64%$24.00—$5.75$6.40260

Forward $18.54. The 25-delta put carries -68.58 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 117.82%±4.87skew -50.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$4.80$7.10—$13.50—————
0161$4.25$6.65—$14.00—————
03$3.90$6.20—$14.50—————
046$3.50$5.15—$15.00—————
01,688$2.80$3.35—$16.00—————
027$2.55$3.45—$16.5098.43%$0.58$0.81672
050$2.30$2.90—$17.00106.62%$0.82$1.161729
25335$2.05$3.15—$17.50106.33%$0.94$1.451194
5230$1.96$2.26—$18.00115.26%$1.42$1.7211210
—————$18.50121.13%$1.65$2.203026
119251$1.61$1.86115.87%$19.00—$1.84$2.4021616
25517$1.50$1.70119.73%$19.50—$2.15$2.78400
6,549223$1.32$1.54120.36%$20.00—$2.60$3.1512311
0163$1.26$2.03143.73%$20.50—$3.05$3.505820
4616$1.15$1.44131.46%$21.00—$2.86$4.409934
149$0.97$1.59139.29%$21.50—$3.45$4.35207
37297$1.01$1.20136.16%$22.00—$3.30$4.804423
—————$22.50—$3.80$5.25153
42335$0.90$1.24148.84%$23.00—$5.00$5.7574
—————$23.50—$5.30$6.20—0
—————$24.00—$5.45$6.6532

Forward $18.61. The 25-delta put carries -50.41 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 124.54%±6.86skew -52.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$7.35$10.60—$10.00—————
02$4.45$6.30—$14.00—————
04$3.90$5.50—$15.00—————
03$3.65$5.35—$15.50103.93%$0.67$1.09770
05$3.40$4.80—$16.00107.37%$0.94$1.29225232
215$3.15$3.95—$16.50106.24%$1.10$1.48420
1018$2.94$3.65—$17.00111.59%$1.43$1.79312
22$2.72$3.70—$17.50112.02%$1.53$2.18100
1536$2.60$3.10—$18.00116.58%$1.94$2.472035
02$2.41$3.10—$18.50124.17%$2.43$2.8519
1293$2.21$2.64118.60%$19.00—$2.53$3.10457
0504$2.06$3.20136.94%$19.50—$2.97$3.45100
11363$1.95$2.37123.76%$20.00—$3.10$3.85407
41$1.82$2.28126.48%$20.50—$3.65$4.3542
15120$1.81$2.13130.06%$21.00—$4.05$4.65176
0111$1.60$2.07130.63%$21.50—————
0126$1.64$1.99136.13%$22.00—$4.85$5.40317
1350$1.50$1.82140.69%$23.00—$5.40$6.45110
0127$1.22$1.66140.72%$24.00—$6.30$7.1502
1461$1.24$1.57148.75%$25.00—————
4151$0.88$1.38159.38%$28.00—————

Forward $18.62. The 25-delta put carries -52.01 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 125.75%±7.63skew -46.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
050$9.35$12.55—$8.00—————
43$7.00$10.55—$10.00—————
210$7.25$9.60—$11.00—————
019$6.25$8.70—$12.00—————
0115$5.55$7.85—$13.00—————
334$4.85$5.70—$14.00—————
25294$4.25$4.55—$15.0098.27%$0.66$0.952,28875
11123$3.65$4.95—$16.00107.62%$1.29$1.3849741
641,487$3.35$3.50—$17.00113.76%$1.86$1.951,350114
771,378$2.85$3.35—$18.00118.98%$2.46$2.6140736
1221,174$2.56$2.82119.78%$19.00—$2.95$3.3013623
735,857$2.34$2.55125.07%$20.00—$3.70$4.051,715108
74935$2.03$2.35128.03%$21.00—$4.45$4.859215
244323$1.90$2.11132.32%$22.00—$5.15$5.65722
38740$1.71$1.92135.05%$23.00—$5.75$6.552640
151,594$1.60$1.79139.65%$24.00—$6.60$7.40900
10811,028$1.46$1.65142.40%$25.00—$7.45$8.2515830
2281$1.23$1.57143.54%$26.00—$8.20$9.151683
3619$1.15$1.48147.15%$27.00—$9.10$10.053790
5307$1.18$1.40153.06%$28.00—$10.20$11.003300
0404$1.03$1.32154.01%$29.00—$9.60$11.95330

Forward $18.56. The 25-delta put carries -46.39 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 133.11%±10.67
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$8.25$11.60—$9.00—————
1334$7.95$10.65—$10.00—————
011$6.90$9.80—$11.00—————
043$5.75$9.00—$12.00—————
064$5.10$7.80—$13.00—————
639$4.85$6.40—$14.00—————
0200$4.80$7.20—$15.00106.77%$1.20$1.852,37051
811,732$4.30$6.75—$16.00110.49%$1.85$2.252855
211,821$4.00$4.70—$17.00110.50%$2.02$3.0550023
6742$3.65$4.45—$18.00119.83%$3.00$3.7020122
261589$3.40$3.90119.96%$19.00—$3.90$4.501568
2114,344$3.20$3.70125.21%$20.00—$4.80$5.001,17717
38697$2.90$3.40126.10%$21.00—$5.50$5.901,40335
30483$2.55$3.60133.08%$22.00—$5.50$7.002458
213,047$2.60$3.15135.27%$23.00—$6.35$7.653660
11321$2.32$3.70147.33%$24.00—$7.10$8.452480
25637$2.15$3.00140.69%$25.00—$8.45$9.0556923
10158$1.95$2.82141.21%$26.00—$7.95$10.15780
42294$1.86$2.96148.21%$27.00—$9.50$11.15580
—————$28.00—$10.25$11.85341
—————$29.00—$10.35$13.60370

Forward $18.71. Not enough surviving quotes on both wings to measure the skew here.

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.