Options Skew Analytics

VIX option chain

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

Data as of 24 September 2026 (end of day)

2026-10-21(27 days)ATM 81.95%±3.97skew -60.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
71,632$4.60$4.95—$13.00—————
51,070$4.30$4.35—$13.50—————
602,175$3.80$3.90—$14.0047.73%$0.01$0.048,378860
3952,384$3.30$3.40—$14.5048.84%$0.04$0.076,7809,808
95712,075$2.90$2.95—$15.0050.29%$0.09$0.1347,2481,337
2,16710,295$2.49$2.55—$15.5052.50%$0.18$0.2373,82613,088
8,15520,238$2.15$2.21—$16.0056.33%$0.34$0.39214,928133
771,141$1.90$1.96—$16.5062.14%$0.58$0.64112,6511,300
3,22737,719$1.69$1.76—$17.0068.02%$0.88$0.94189,7461,081
22,31644,376$1.53$1.60—$17.5073.43%$1.22$1.2764,20010,299
25,30764,776$1.41$1.4879.15%$18.00—$1.59$1.65149,80614,023
25181,357$1.31$1.3684.16%$18.50—$1.98$2.0578,9293
24,268131,791$1.21$1.2788.82%$19.00—$2.38$2.46105,17146
2,14312,857$1.13$1.1893.08%$19.50—$2.80$2.8715,5012
18,451395,597$1.05$1.1297.35%$20.00—$3.20$3.3099,275218
41010,203$0.98$1.04100.67%$20.50—$3.65$3.7513,0880
4,168142,234$0.92$0.96103.65%$21.00—$4.05$4.1544,6410
1,79013,474$0.86$0.92107.24%$21.50—$4.50$4.602,2370
11,351216,737$0.83$0.86110.68%$22.00—$4.95$5.0513,15813
3315,796$0.77$0.83113.71%$22.50—$5.40$5.50512
5398,310$0.73$0.79116.68%$23.00—$5.85$5.9515,2591

Forward $17.82. The 25-delta put carries -60.35 volatility points over the 25-delta call.

2026-11-18(55 days)ATM 83.45%±6.01skew -39.28
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
135$5.05$5.15—$13.5049.21%$0.04$0.083,6981
161,210$4.60$4.70—$14.0049.77%$0.09$0.1118,95826
121,465$4.15$4.25—$14.5051.84%$0.16$0.1927,8851
4675,669$3.75$3.85—$15.0053.88%$0.26$0.30125,3822,005
20236$3.30$3.55—$15.5056.56%$0.40$0.4621,1396
7543,978$3.10$3.20—$16.0059.58%$0.60$0.6595,008151
162125$2.82$2.95—$16.5062.70%$0.82$0.9016,203201
6777,558$2.68$2.73—$17.0066.60%$1.12$1.1899,2921
40754$2.41$2.59—$17.5070.19%$1.43$1.5022,67245,051
47819,261$2.33$2.40—$18.0073.49%$1.77$1.8340,0394,225
1,10412,076$2.12$2.29—$18.5076.84%$2.12$2.2011,9921
4,26760,297$2.07$2.1480.77%$19.00—$2.49$2.5687,41425,303
22270$1.90$2.0683.20%$19.50—$2.86$2.974010
23,139129,781$1.86$1.9186.17%$20.00—$3.25$3.3569,60213
50139$1.72$1.8688.66%$20.50—————
1,63575,157$1.68$1.7491.29%$21.00—$4.10$4.2030,3051,000
0200$1.57$1.7093.73%$21.50—$4.50$4.60681,000
14,15073,526$1.54$1.6096.20%$22.00—$4.95$5.0566,9200
146488$1.44$1.5698.21%$22.50—$5.35$5.45302,010
13034,338$1.41$1.48100.50%$23.00—$5.80$5.9035,5700
25197$1.33$1.42101.98%$23.50—$6.25$6.3530

Forward $18.55. The 25-delta put carries -39.28 volatility points over the 25-delta call.

2026-12-16(83 days)ATM 79.87%±7.20skew -41.65
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
1117$7.60$8.00—$11.00—————
010$7.10$7.50—$11.50—————
1048$6.80$6.95—$12.0046.70%$0.01$0.041,4400
054$6.35$6.45—$12.5047.39%$0.03$0.061,1810
0224$5.90$6.00—$13.0047.32%$0.05$0.092,1220
1299$5.45$5.55—$13.5047.77%$0.09$0.132,0472
6532,132$5.00$5.10—$14.0049.36%$0.16$0.203,0204
261,511$4.60$4.70—$14.5051.50%$0.26$0.317,270102
1483,971$4.25$4.35—$15.0053.57%$0.40$0.4477,86632
954,320$3.65$3.75—$16.0058.80%$0.79$0.8440,0481,989
78724,778$3.20$3.30—$17.0064.04%$1.31$1.37110,47313,037
5410,410$2.84$2.92—$18.0069.35%$1.94$2.0142,04214
9,67617,553$2.55$2.6474.21%$19.00—$2.65$2.7128,7429,373
29171,834$2.32$2.3978.50%$20.00—$3.40$3.5028,78112
11038,759$2.12$2.1982.46%$21.00—$4.15$4.3016,1060
1,111110,130$1.95$2.0286.10%$22.00—$5.00$5.107,3316
216,042$1.80$1.8789.37%$23.00—$5.85$5.9511,8630
1112,169$1.67$1.7492.42%$24.00—$6.70$6.801,5286
97326,615$1.56$1.6295.25%$25.00—$7.55$7.652,4431
97,462$1.46$1.5297.94%$26.00—$8.45$8.551,3590
10,80319,594$1.37$1.43100.45%$27.00—$9.35$9.45840

Forward $18.91. The 25-delta put carries -41.65 volatility points over the 25-delta call.

2027-01-20(118 days)ATM 73.06%±8.14skew -31.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$7.80$8.15—$11.50—————
136$7.45$7.60—$12.0041.67%$0.01$0.042100
072$7.00$7.15—$12.5041.60%$0.03$0.0540
1262$6.55$6.60—$13.0043.16%$0.06$0.091,0940
013$6.10$6.25—$13.5045.26%$0.11$0.161,03510
502,398$5.65$5.80—$14.0046.37%$0.18$0.231,3845,010
21,894$5.30$5.40—$14.5047.16%$0.28$0.304145,010
1003,073$4.90$5.05—$15.0049.59%$0.41$0.469,97610
273,638$4.30$4.40—$16.0053.43%$0.77$0.8219,4677,000
501,641$3.80$3.90—$17.0057.56%$1.25$1.3130,43110,000
212,089$3.40$3.50—$18.0061.63%$1.83$1.9012,4091
303,890$3.05$3.15—$19.0065.24%$2.48$2.559,8050
10,84725,725$2.79$2.8768.69%$20.00—$3.15$3.3025,3724,602
2211,927$2.56$2.6471.96%$21.00—$3.95$4.0511,31313
7,00721,067$2.36$2.4474.90%$22.00—$4.70$4.8012,3724
010,854$2.19$2.2777.71%$23.00—$5.50$5.651,8092
1510,965$2.04$2.1280.29%$24.00—$6.35$6.456,0670
4331,422$1.91$1.9882.64%$25.00—$7.20$7.302,377302
110,724$1.79$1.8784.96%$26.00—$8.05$8.201,3662
2359$1.68$1.7686.96%$27.00—$8.95$9.0582
05,446$1.59$1.6688.95%$28.00—$9.85$9.952300

Forward $19.60. The 25-delta put carries -31.39 volatility points over the 25-delta call.

2027-02-17(146 days)ATM 68.88%±8.72skew -28.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
05$8.20$8.60—$11.50—————
027$7.70$8.10—$12.0040.88%$0.02$0.05420
06$7.25$7.65—$12.5041.03%$0.04$0.0710
038$6.80$7.20—$13.0041.87%$0.07$0.111,1920
07$6.35$6.75—$13.5042.76%$0.12$0.163610
0339$5.95$6.30—$14.0043.54%$0.18$0.232,09910
3120$5.55$5.90—$14.5045.07%$0.28$0.3312610
1525$5.25$5.55—$15.0046.55%$0.40$0.4629,91710
32,320$4.65$4.90—$16.0049.81%$0.74$0.8011,2630
0427$4.10$4.30—$17.0053.37%$1.19$1.2717,6400
1335$3.70$3.85—$18.0056.94%$1.75$1.834,1820
074$3.35$3.50—$19.0060.32%$2.38$2.471,0601
3,25610,612$3.05$3.20—$20.0063.12%$3.05$3.1519,5453,251
1802,478$2.83$2.9466.18%$21.00—$3.80$3.902,30510
013,480$2.62$2.7268.83%$22.00—$4.55$4.7011,2670
265$2.44$2.5371.33%$23.00—$5.35$5.502,0020
0267$2.28$2.3773.70%$24.00—$6.15$6.30743
82,742$2.14$2.2375.95%$25.00—$7.00$7.152,3313
010,080$2.01$2.1077.94%$26.00—$7.85$8.001,3500
074$1.90$1.9879.85%$27.00—$8.70$8.85180
0289$1.79$1.8881.62%$28.00—$9.60$9.751130

Forward $20.03. The 25-delta put carries -28.25 volatility points over the 25-delta call.

2027-03-17(174 days)ATM 65.14%±9.11skew -27.39
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$7.85$8.35—$12.0038.13%$0.02$0.05300
07$7.35$7.90—$12.50—————
069$6.90$7.35—$13.0038.23%$0.06$0.1060
015$6.50$7.00—$13.5038.99%$0.10$0.15200
074$6.05$6.40—$14.0040.26%$0.17$0.22270
11181$5.70$6.20—$14.5041.63%$0.26$0.32260
0437$5.45$5.80—$15.0042.99%$0.38$0.443,0648
11464$4.60$5.00—$16.0046.30%$0.72$0.785970
3127$4.30$4.50—$17.0049.82%$1.17$1.251310
2264$3.90$4.10—$18.0053.12%$1.72$1.80250
028$3.55$3.70—$19.0056.24%$2.34$2.43250
47942$3.25$3.40—$20.0059.30%$3.00$3.1513,6531
32,834$3.00$3.1562.05%$21.00—$3.75$3.852,91410
504,034$2.77$2.9064.15%$22.00—$4.50$4.603,3561
0360$2.59$2.7166.56%$23.00—$5.25$5.401,6393
0545$2.42$2.5368.58%$24.00—$6.05$6.20272
44888$2.27$2.3870.57%$25.00—$6.90$7.002,3262
0302$2.13$2.2472.31%$26.00—$7.75$7.851,3751
5094$2.01$2.1274.06%$27.00—$8.60$8.7030
11334$1.90$2.0175.68%$28.00—————
0188$1.80$1.9177.21%$29.00—$10.35$10.505530

Forward $20.26. The 25-delta put carries -27.39 volatility points over the 25-delta call.

2027-04-21(209 days)ATM 64.13%±9.98
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
07$8.10$8.70—$12.00—————
06$7.60$8.25—$12.50—————
047$7.20$7.80—$13.00—————
126$6.75$7.35—$13.50—————
078$6.35$6.95—$14.00—————
0163$5.95$6.55—$14.5041.27%$0.27$0.4280
0233$5.80$6.20—$15.00—————
0177$4.95$5.55—$16.0044.59%$0.66$0.91750
184$4.65$4.90—$17.0048.82%$1.18$1.40220
1178$4.20$4.45—$18.0051.10%$1.64$1.961540
038$4.00$4.10—$19.0054.11%$2.26$2.592250
40855$3.60$3.80—$20.0056.65%$2.93$3.252000
087$3.30$3.5559.88%$21.00—$3.75$3.951400
0721$3.10$3.3062.18%$22.00—$4.45$4.707030
033$2.86$3.1063.94%$23.00—$5.25$5.45350
082$2.59$2.9465.26%$24.00—$6.00$6.251580
31,124$2.53$2.6967.13%$25.00—$6.90$7.05310
023$2.38$2.6069.21%$26.00—————
01$2.24$2.4570.52%$27.00—————
027$2.13$2.3271.97%$28.00—$9.30$9.5533
065$1.95$2.2873.32%$29.00—————

Forward $20.56. Not enough surviving quotes on both wings to measure the skew here.

2027-05-18(236 days)ATM 62.55%±10.43
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$8.55$9.45—$11.50—————
03$8.10$8.95—$12.0032.28%$0.01$0.04610
05$7.60$8.55—$12.5033.65%$0.04$0.06130
06$7.65$8.10—$13.00—————
060$6.90$7.65—$13.50—————
055$6.40$7.25—$14.00—————
209311$6.00$6.85—$14.50—————
0442$5.85$6.30—$15.0042.98%$0.43$0.67350
2117$5.50$5.90—$16.0044.52%$0.80$0.926420
078$4.80$5.15—$17.0047.16%$1.14$1.47430
343$4.40$4.75—$18.0050.28%$1.69$2.04270
725$4.05$4.40—$19.0053.49%$2.31$2.7150
0638$3.80$4.05—$20.0056.75%$3.15$3.307820
126$3.50$3.8058.50%$21.00—$3.80$4.00170
023$3.30$3.5560.72%$22.00—$4.50$4.75321
07$2.97$3.3561.75%$23.00—$5.25$5.50182
010$2.77$3.1563.30%$24.00—$6.05$6.301550
2284$2.60$2.9764.82%$25.00—$6.90$7.10135
08$2.50$2.8166.67%$26.00—$7.65$7.9010
031$2.15$2.5268.53%$28.00—$9.25$9.55120
029$2.02$2.4069.62%$29.00—————

Forward $20.74. 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.