Options Skew Analytics

VG option chain

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

Data as of 28 September 2026 (end of day)

2026-10-16(18 days)ATM 61.91%±1.78skew -3.48
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$7.60$8.70—$5.00—————
064$2.90$3.50—$10.00—————
—————$11.5061.90%$0.15$0.20962
01$1.20$1.35—$12.0061.52%$0.25$0.352376
083$0.95$1.00—$12.5060.97%$0.45$0.502,09282
1681$0.65$0.7562.09%$13.00—$0.65$0.802,36357
841,222$0.45$0.5060.40%$13.50—$0.95$1.102263
202334$0.30$0.3560.83%$14.00—$1.30$1.45360
33230$0.20$0.3065.00%$14.50—$1.70$1.8004
—————$15.00—$2.00$2.305,0171
—————$15.50—$2.25$2.8020
—————$17.50—$4.10$4.70550
—————$20.00—$6.60$7.6010
—————$25.00—$11.30$12.5020

Forward $12.97. The 25-delta put carries -3.48 volatility points over the 25-delta call.

2026-10-23(25 days)ATM 61.22%±2.08skew -1.89
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
11$3.70$4.50—$9.00—————
01$2.40$2.95—$10.50—————
010$2.05$2.45—$11.00—————
010$1.60$2.00—$11.5061.31%$0.20$0.30390
—————$12.0059.52%$0.30$0.4514322
03$1.00$1.15—$12.5060.31%$0.50$0.651,2716
2535$0.75$0.90—$13.00—$0.75$0.901824
033$0.55$0.7061.77%$13.50—$1.05$1.20269100
20114$0.40$0.5563.11%$14.00—$1.40$1.55360
3139$0.25$0.4061.42%$14.50—$1.75$1.901610
7329$0.20$0.3063.60%$15.00—$2.10$2.35210
1094$0.15$0.2063.53%$15.50—————
—————$16.00—$2.75$3.3030
—————$16.50—$3.20$3.8010
366$0.05$0.1073.25%$17.50—————

Forward $13.00. The 25-delta put carries -1.89 volatility points over the 25-delta call.

2026-10-30(32 days)ATM 60.17%±2.32skew -2.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$4.60$5.80—$8.00—————
10$3.70$4.60—$9.00—————
02$2.90$3.60—$10.00—————
—————$11.0060.77%$0.15$0.252990
—————$11.5059.25%$0.25$0.35470
064$1.40$1.55—$12.0060.85%$0.40$0.55425
4111$1.10$1.25—$12.5060.86%$0.60$0.754472
2256$0.90$1.00—$13.0061.29%$0.85$1.00998
5455$0.60$0.8058.84%$13.50—$1.15$1.351430
10238$0.45$0.6560.36%$14.00—$1.45$1.65119100
5132$0.35$0.4559.48%$14.50—$1.80$2.00610
1490$0.25$0.4062.10%$15.00—$2.10$2.40300
—————$15.50—$2.35$3.0020
529$0.10$0.1562.02%$16.50—————
06$0.05$0.1064.42%$17.50—————

Forward $13.03. The 25-delta put carries -2.85 volatility points over the 25-delta call.

2026-11-06(39 days)ATM 61.41%±2.61skew -3.57
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
10$2.90$3.50—$10.00—————
—————$11.0059.91%$0.20$0.30150
—————$11.5059.64%$0.30$0.4561
—————$12.0061.93%$0.50$0.6571
40$1.20$1.35—$12.5061.37%$0.70$0.851550
100$0.95$1.15—$13.0061.51%$0.95$1.10120
155$0.55$0.7560.87%$14.00—————
240$0.40$0.6060.54%$14.50—————
3100$0.30$0.5061.71%$15.00—————
01$0.25$0.4063.20%$15.50—————

Forward $13.03. The 25-delta put carries -3.57 volatility points over the 25-delta call.

2027-03-19(172 days)ATM 61.15%±5.53skew -0.54
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
015$10.10$11.10—$2.50—————
05$7.70$8.70—$5.00—————
01,292$5.60$6.00—$7.5064.03%$0.15$0.251,7880
0966$3.70$4.20—$10.0062.44%$0.70$0.808516
22397$2.35$2.55—$12.5061.73%$1.70$1.90590100
5151,251$1.40$1.6061.09%$15.00—$3.20$3.407480
01,323$0.85$1.1063.08%$17.50—$4.80$5.50240
36,213$0.50$0.7062.98%$20.00—$7.10$7.50120
0438$0.30$0.4563.19%$22.50—$9.20$9.90300
1190$0.20$0.3064.23%$25.00—$11.80$12.2030

Forward $13.16. The 25-delta put carries -0.54 volatility points over the 25-delta call.

2027-05-21(235 days)ATM 61.93%±6.66skew +1.00
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
08$7.80$8.60—$5.00—————
03$5.80$6.40—$7.5064.53%$0.25$0.40420
138$3.90$4.50—$10.0062.97%$0.90$1.05731
093$2.75$3.20—$12.5063.07%$2.00$2.201550
150360$1.80$2.2061.96%$15.00—$3.50$3.801,2940
01,550$1.20$1.5061.73%$17.50—————
0875$0.80$1.0561.97%$20.00—$7.30$7.80130
073$0.35$0.5562.59%$25.00—————

Forward $13.40. The 25-delta put carries +1.00 volatility points over the 25-delta call.

2027-06-17(262 days)ATM 59.72%±6.77skew +0.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$10.10$11.20—$2.50—————
046$8.00$8.40—$5.00—————
087$5.80$6.50—$7.5063.95%$0.30$0.452,7830
0391$4.10$4.70—$10.0062.00%$0.95$1.152,23810
2162$2.90$3.20—$12.5062.18%$2.10$2.309,8920
261,613$1.95$2.1059.66%$15.00—$3.60$3.801,7620
52,216$1.35$1.6562.32%$17.50—$5.20$5.802,0000
324,046$0.90$1.0560.26%$20.00—$7.30$7.9030
0659$0.60$0.8561.74%$22.50—$9.40$10.00100
0314$0.45$0.6563.03%$25.00—$11.90$12.3060

Forward $13.38. The 25-delta put carries +0.26 volatility points over the 25-delta call.

2027-09-17(354 days)ATM 62.89%±8.36skew -0.01
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$9.80$11.80—$2.50—————
074$8.00$8.50—$5.00—————
0153$6.10$6.50—$7.5063.68%$0.45$0.65590
0265$4.50$5.00—$10.0063.20%$1.25$1.501,1770
0155$3.30$3.70—$12.5062.41%$2.40$2.702280
063$2.40$2.8562.57%$15.00—$3.90$4.402560
0458$1.75$2.2563.08%$17.50—$5.20$6.70110
342,119$1.30$1.6061.65%$20.00—$7.40$8.1050
0716$0.95$1.3562.82%$22.50—$9.70$10.3040
0662$0.70$1.1063.21%$25.00—$11.00$12.5020

Forward $13.49. The 25-delta put carries -0.01 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.

VG option chain | Options Skew Analytics