VLO 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 67.37%±18.83skew +2.33
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 3 | $25.00 | $28.20 | — | $352.50 | — | — | — | — | — |
| 1 | 25 | $23.10 | $25.80 | — | $355.00 | — | — | — | — | — |
| 2 | 3 | $20.70 | $23.50 | — | $357.50 | — | — | — | — | — |
| 2 | 31 | $18.40 | $21.30 | — | $360.00 | — | — | — | — | — |
| 25 | 16 | $16.40 | $19.40 | — | $362.50 | — | — | — | — | — |
| 41 | 24 | $14.40 | $17.50 | — | $365.00 | 70.70% | $2.35 | $3.70 | 256 | 103 |
| 4 | 2 | $12.40 | $15.20 | — | $367.50 | 70.21% | $3.00 | $4.40 | 153 | 50 |
| 20 | 38 | $10.70 | $13.40 | — | $370.00 | 69.88% | $3.70 | $5.30 | 1,346 | 856 |
| 44 | 6 | $9.30 | $11.60 | — | $372.50 | 68.44% | $4.40 | $6.20 | 202 | 160 |
| 54 | 57 | $8.30 | $10.30 | — | $375.00 | 68.22% | $5.40 | $7.30 | 1,093 | 245 |
| 14 | 26 | $6.50 | $8.60 | — | $377.50 | 67.29% | $6.40 | $8.50 | 220 | 85 |
| 72 | 65 | $5.50 | $7.40 | 67.87% | $380.00 | — | $7.60 | $9.90 | 915 | 221 |
| 53 | 22 | $4.30 | $6.40 | 67.27% | $382.50 | — | $8.90 | $11.40 | 162 | 42 |
| 88 | 102 | $4.10 | $5.00 | 68.31% | $385.00 | — | $10.40 | $13.00 | 409 | 81 |
| 24 | 58 | $3.00 | $4.30 | 67.25% | $387.50 | — | $11.90 | $14.70 | 94 | 11 |
| 171 | 396 | $2.55 | $3.60 | 68.37% | $390.00 | — | $14.00 | $16.40 | 794 | 56 |
| 50 | 62 | $1.95 | $2.95 | 67.89% | $392.50 | — | $15.60 | $18.40 | 61 | 5 |
| — | — | — | — | — | $395.00 | — | $17.40 | $19.80 | 504 | 9 |
| — | — | — | — | — | $397.50 | — | $19.70 | $22.60 | 27 | 8 |
| — | — | — | — | — | $400.00 | — | $22.00 | $23.80 | 491 | 52 |
| — | — | — | — | — | $402.50 | — | $23.80 | $26.80 | 30 | 16 |
Forward $377.60. The 25-delta put carries +2.33 volatility points over the 25-delta call.
2026-10-02(9 days)ATM 54.71%±32.51skew +3.35
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 1 | $28.50 | $31.90 | — | $352.50 | 58.62% | $3.40 | $5.10 | 24 | 1 |
| 5 | 17 | $26.60 | $29.90 | — | $355.00 | 58.53% | $4.00 | $5.70 | 75 | 26 |
| — | — | — | — | — | $357.50 | 55.73% | $4.50 | $5.50 | 6 | 6 |
| 0 | 14 | $23.00 | $26.10 | — | $360.00 | 54.90% | $5.10 | $6.00 | 1,260 | 497 |
| — | — | — | — | — | $362.50 | 57.45% | $5.90 | $7.80 | 12 | 4 |
| 1 | 25 | $19.50 | $22.70 | — | $365.00 | 55.96% | $7.00 | $7.80 | 23 | 45 |
| 2 | 1 | $17.90 | $19.90 | — | $367.50 | 54.70% | $7.60 | $8.50 | 57 | 559 |
| 46 | 71 | $16.40 | $19.20 | — | $370.00 | 56.27% | $8.50 | $10.30 | 184 | 159 |
| 9 | 0 | $14.90 | $18.10 | — | $372.50 | 53.98% | $9.40 | $10.50 | 33 | 14 |
| 21 | 35 | $13.50 | $15.60 | — | $375.00 | 56.56% | $10.50 | $12.90 | 513 | 170 |
| 11 | 20 | $12.20 | $14.30 | — | $377.50 | 54.11% | $11.70 | $13.00 | 21 | 144 |
| 105 | 83 | $11.40 | $13.00 | 54.72% | $380.00 | — | $12.80 | $14.20 | 102 | 36 |
| 42 | 67 | $9.80 | $11.90 | 53.75% | $382.50 | — | $14.10 | $15.80 | 227 | 143 |
| 225 | 142 | $9.10 | $10.90 | 54.57% | $385.00 | — | $15.20 | $17.00 | 70 | 26 |
| 17 | 10 | $8.00 | $9.80 | 54.01% | $387.50 | — | $17.00 | $19.50 | 42 | 2 |
| 62 | 62 | $7.80 | $8.80 | 55.33% | $390.00 | — | $18.40 | $20.10 | 94 | 25 |
| 8 | 13 | $6.00 | $7.90 | 52.99% | $392.50 | — | $19.50 | $22.60 | 4 | 1 |
| 36 | 53 | $5.50 | $7.20 | 53.71% | $395.00 | — | $21.70 | $23.90 | 50 | 1 |
| 0 | 11 | $4.50 | $6.60 | 53.19% | $397.50 | — | $23.20 | $25.30 | 12 | 7 |
| 128 | 98 | $4.50 | $5.70 | 54.11% | $400.00 | — | $25.30 | $28.20 | 346 | 40 |
| 211 | 36 | $3.30 | $5.10 | 52.38% | $402.50 | — | $27.40 | $30.20 | 4 | 2 |
Forward $378.40. The 25-delta put carries +3.35 volatility points over the 25-delta call.
2026-10-09(16 days)ATM 52.38%±41.57skew +2.78
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| — | — | — | — | — | $345.00 | 54.58% | $4.20 | $5.30 | 27 | 7 |
| 0 | 12 | $33.40 | $36.20 | — | $350.00 | 53.72% | $5.10 | $6.40 | 38 | 13 |
| 0 | 3 | $29.80 | $32.60 | — | $355.00 | 53.57% | $6.50 | $7.70 | 12 | 2 |
| 1 | 10 | $26.30 | $28.60 | — | $360.00 | 53.57% | $8.00 | $9.40 | 111 | 22 |
| 2 | 7 | $23.10 | $25.50 | — | $365.00 | 52.96% | $9.70 | $11.00 | 43 | 6 |
| 2 | 21 | $20.10 | $22.70 | — | $370.00 | 52.95% | $11.70 | $13.10 | 60 | 35 |
| 1 | 8 | $17.80 | $19.70 | — | $375.00 | 52.33% | $13.80 | $15.20 | 16 | 11 |
| 10 | 20 | $15.30 | $17.00 | 52.55% | $380.00 | — | $16.40 | $17.80 | 73 | 28 |
| 8 | 11 | $12.60 | $14.60 | 51.51% | $385.00 | — | $18.70 | $20.80 | 57 | 17 |
| 28 | 86 | $10.50 | $12.60 | 51.31% | $390.00 | — | $21.70 | $24.60 | 45 | 14 |
| 1 | 1 | $9.60 | $11.90 | 51.66% | $392.50 | — | $23.40 | $25.10 | 3 | 9 |
| 1 | 69 | $8.70 | $10.80 | 51.17% | $395.00 | — | $24.60 | $27.20 | 7 | 7 |
| 3 | 2 | $7.80 | $10.20 | 51.34% | $397.50 | — | $26.60 | $29.10 | 3 | 0 |
| 12 | 29 | $7.00 | $9.40 | 51.16% | $400.00 | — | $28.50 | $31.40 | 12 | 3 |
| 12 | 3 | $6.30 | $8.60 | 50.97% | $402.50 | — | — | — | — | — |
| 12 | 15 | $5.80 | $7.70 | 50.77% | $405.00 | — | $31.60 | $34.30 | 9 | 0 |
| 16 | 6 | $5.10 | $7.30 | 50.97% | $407.50 | — | $34.00 | $37.00 | 0 | 31 |
| 25 | 22 | $4.50 | $6.70 | 50.80% | $410.00 | — | $35.90 | $38.90 | 9 | 0 |
| 18 | 29 | $4.10 | $6.10 | 50.86% | $412.50 | — | $37.90 | $40.90 | 3 | 0 |
| 20 | 44 | $3.60 | $5.50 | 50.53% | $415.00 | — | $39.60 | $42.90 | 2 | 0 |
| 0 | 5 | $3.20 | $5.20 | 50.92% | $417.50 | — | — | — | — | — |
Forward $379.05. The 25-delta put carries +2.78 volatility points over the 25-delta call.
2026-10-16(23 days)ATM 54.02%±51.43skew +1.25
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 2 | 0 | $39.90 | $43.00 | — | $345.00 | 55.27% | $7.00 | $7.70 | 16 | 10 |
| 106 | 206 | $36.10 | $39.10 | — | $350.00 | 54.84% | $8.30 | $9.00 | 1,466 | 1,498 |
| 0 | 1 | $32.60 | $35.30 | — | $355.00 | 55.29% | $9.80 | $11.00 | 21 | 217 |
| 16 | 743 | $29.20 | $32.40 | — | $360.00 | 54.85% | $11.50 | $12.60 | 873 | 167 |
| — | — | — | — | — | $365.00 | 55.61% | $13.20 | $15.40 | 343 | 12 |
| 22 | 276 | $24.20 | $26.20 | — | $370.00 | 54.29% | $15.30 | $16.70 | 869 | 201 |
| 13 | 6 | $21.50 | $23.40 | — | $375.00 | 55.45% | $17.70 | $19.90 | 43 | 39 |
| 52 | 239 | $19.60 | $20.60 | 53.96% | $380.00 | — | $20.00 | $21.60 | 582 | 269 |
| 11 | 13 | $17.40 | $18.40 | 54.05% | $385.00 | — | $22.80 | $25.10 | 55 | 20 |
| 57 | 282 | $15.40 | $16.30 | 54.05% | $390.00 | — | $25.60 | $27.30 | 339 | 45 |
| 3 | 4 | $14.20 | $15.30 | 53.67% | $392.50 | — | $26.80 | $29.60 | 18 | 6 |
| 54 | 332 | $13.40 | $14.30 | 53.69% | $395.00 | — | $28.70 | $31.20 | 11 | 16 |
| 5 | 2 | $12.50 | $13.40 | 53.60% | $397.50 | — | $30.30 | $32.80 | 1 | 0 |
| 173 | 326 | $11.60 | $12.60 | 53.53% | $400.00 | — | $32.00 | $33.70 | 238 | 11 |
| 12 | 1 | $10.90 | $11.90 | 53.76% | $402.50 | — | $33.70 | $36.20 | 1 | 17 |
| 0 | 2 | $10.10 | $11.00 | 53.45% | $405.00 | — | $35.50 | $37.30 | 1 | 1 |
| 1 | 4 | $9.50 | $10.40 | 53.75% | $407.50 | — | $37.20 | $39.20 | 1 | 0 |
| 29 | 402 | $8.90 | $9.60 | 53.65% | $410.00 | — | $39.00 | $41.20 | 123 | 8 |
| 3 | 8 | $8.20 | $9.00 | 53.59% | $412.50 | — | $40.90 | $42.80 | 2 | 0 |
| 3 | 342 | $7.60 | $8.40 | 53.56% | $415.00 | — | $42.80 | $45.40 | 0 | 32 |
| 1 | 3 | $7.10 | $7.80 | 53.59% | $417.50 | — | — | — | — | — |
Forward $379.30. The 25-delta put carries +1.25 volatility points over the 25-delta call.
2026-10-23(30 days)ATM 53.35%±58.03skew +1.63
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 5 | $53.60 | $57.20 | — | $330.00 | 55.06% | $5.30 | $6.20 | 211 | 52 |
| 0 | 4 | $49.70 | $53.30 | — | $335.00 | 54.83% | $6.20 | $7.40 | 27 | 14 |
| 0 | 2 | $45.90 | $49.50 | — | $340.00 | 54.17% | $7.10 | $8.60 | 62 | 11 |
| 0 | 2 | $42.20 | $45.90 | — | $345.00 | 54.17% | $8.30 | $10.20 | 100 | 4 |
| 91 | 4 | $38.70 | $42.30 | — | $350.00 | 53.73% | $10.00 | $11.30 | 201 | 40 |
| 13 | 11 | $35.40 | $39.10 | — | $355.00 | 54.08% | $11.80 | $13.20 | 37 | 6 |
| 12 | 18 | $32.20 | $35.50 | — | $360.00 | 53.72% | $13.10 | $15.40 | 165 | 2 |
| 1 | 7 | $29.30 | $32.20 | — | $365.00 | 53.94% | $15.40 | $17.40 | 27 | 6 |
| 43 | 28 | $26.40 | $29.50 | — | $370.00 | 53.26% | $17.40 | $19.30 | 23 | 5 |
| 5 | 8 | $23.80 | $26.80 | — | $375.00 | 53.25% | $19.80 | $21.70 | 31 | 3 |
| 2 | 35 | $22.00 | $23.80 | 53.65% | $380.00 | — | $22.50 | $24.50 | 61 | 13 |
| 22 | 24 | $19.00 | $22.00 | 53.26% | $385.00 | — | $24.60 | $27.20 | 9 | 5 |
| 11 | 75 | $16.90 | $19.80 | 53.07% | $390.00 | — | $27.90 | $30.50 | 18 | 7 |
| 13 | 47 | $14.90 | $17.90 | 52.97% | $395.00 | — | $30.40 | $33.40 | 12 | 0 |
| 594 | 33 | $13.20 | $16.00 | 52.85% | $400.00 | — | $33.60 | $37.20 | 13 | 0 |
| 2 | 13 | $11.50 | $14.60 | 52.97% | $405.00 | — | $37.10 | $40.00 | 14 | 1 |
| 1 | 50 | $10.20 | $13.20 | 53.24% | $410.00 | — | $40.70 | $44.10 | 32 | 0 |
| 1 | 40 | $8.70 | $11.80 | 52.92% | $415.00 | — | — | — | — | — |
| 3 | 74 | $7.40 | $10.60 | 52.77% | $420.00 | — | $48.20 | $51.30 | 18 | 0 |
| 0 | 28 | $6.30 | $9.40 | 52.55% | $425.00 | — | — | — | — | — |
| 8 | 79 | $6.20 | $8.40 | 53.80% | $430.00 | — | $56.10 | $59.50 | 1 | 0 |
Forward $379.40. The 25-delta put carries +1.63 volatility points over the 25-delta call.
2026-10-30(37 days)ATM 52.24%±63.20skew +1.94
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 2 | $55.30 | $58.60 | — | $330.00 | 54.74% | $6.40 | $8.10 | 45 | 17 |
| — | — | — | — | — | $335.00 | 55.49% | $7.20 | $10.30 | 19 | 6 |
| 2 | 2 | $47.70 | $51.10 | — | $340.00 | 54.97% | $8.90 | $11.00 | 145 | 109 |
| — | — | — | — | — | $345.00 | 54.65% | $10.50 | $12.20 | 18 | 10 |
| 4 | 5 | $40.70 | $44.40 | — | $350.00 | 55.21% | $12.00 | $14.50 | 35 | 13 |
| 0 | 7 | $37.50 | $40.40 | — | $355.00 | 54.80% | $13.50 | $16.30 | 30 | 17 |
| 5 | 23 | $34.40 | $37.30 | — | $360.00 | 53.96% | $15.30 | $17.70 | 25 | 9 |
| 4 | 3 | $31.50 | $34.30 | — | $365.00 | 54.46% | $17.50 | $20.20 | 36 | 4 |
| 3 | 6 | $28.70 | $31.70 | — | $370.00 | 53.97% | $19.70 | $22.10 | 33 | 7 |
| 7 | 7 | $26.10 | $29.10 | — | $375.00 | 53.91% | $22.00 | $24.60 | 14 | 7 |
| 4 | 4 | $25.00 | $26.40 | — | $380.00 | — | $24.20 | $27.20 | 22 | 19 |
| 0 | 6 | $21.40 | $24.30 | 52.27% | $385.00 | — | $27.30 | $29.70 | 5 | 2 |
| 4 | 25 | $19.30 | $21.90 | 51.94% | $390.00 | — | $30.20 | $33.00 | 25 | 2 |
| 21 | 10 | $17.30 | $20.10 | 52.03% | $395.00 | — | $33.10 | $35.70 | 31 | 0 |
| 9 | 40 | $15.50 | $18.30 | 52.04% | $400.00 | — | $35.70 | $39.30 | 66 | 13 |
| 2 | 25 | $13.80 | $16.60 | 51.95% | $405.00 | — | $39.10 | $42.10 | 44 | 0 |
| 12 | 49 | $12.30 | $14.90 | 51.79% | $410.00 | — | $43.10 | $46.10 | 41 | 1 |
| 2 | 15 | $10.90 | $13.50 | 51.79% | $415.00 | — | $46.20 | $49.70 | 7 | 0 |
| 17 | 4 | $9.60 | $12.30 | 51.86% | $420.00 | — | $49.90 | $53.30 | 3 | 0 |
| 0 | 9 | $8.50 | $11.10 | 51.90% | $425.00 | — | — | — | — | — |
| 19 | 2 | $7.50 | $10.60 | 52.71% | $430.00 | — | $57.90 | $61.20 | 5 | 5 |
Forward $380.00. The 25-delta put carries +1.94 volatility points over the 25-delta call.
2026-11-20(58 days)ATM 52.80%±79.82skew -0.12
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 0 | 1 | $101.00 | $104.10 | — | $280.00 | 55.68% | $2.15 | $3.50 | 38 | 55 |
| 0 | 1 | $92.00 | $95.20 | — | $290.00 | 56.20% | $3.20 | $5.10 | 36 | 6 |
| 1 | 0 | $83.20 | $86.40 | — | $300.00 | 55.85% | $4.50 | $6.70 | 27 | 6 |
| 1 | 1 | $74.80 | $78.00 | — | $310.00 | 54.95% | $6.00 | $8.40 | 25 | 19 |
| — | — | — | — | — | $320.00 | 53.86% | $8.00 | $10.10 | 20 | 14 |
| — | — | — | — | — | $330.00 | 52.32% | $10.50 | $11.60 | 188 | 76 |
| 2 | 4 | $52.70 | $55.10 | — | $340.00 | 51.91% | $13.30 | $14.60 | 65 | 73 |
| 5 | 16 | $46.20 | $48.60 | — | $350.00 | 52.29% | $17.40 | $18.10 | 75 | 65 |
| 8 | 14 | $40.20 | $42.70 | — | $360.00 | 51.52% | $20.70 | $22.20 | 15 | 8 |
| 66 | 9 | $35.50 | $37.00 | — | $370.00 | 51.45% | $25.30 | $26.80 | 41 | 85 |
| 14 | 7 | $29.90 | $32.40 | 52.70% | $380.00 | — | $31.00 | $32.90 | 10 | 36 |
| 22 | 32 | $26.20 | $27.70 | 52.81% | $390.00 | — | $35.80 | $38.10 | 11 | 3 |
| 43 | 81 | $22.40 | $23.70 | 52.64% | $400.00 | — | $42.00 | $44.50 | 46 | 46 |
| 139 | 791 | $19.00 | $20.30 | 52.57% | $410.00 | — | $48.30 | $51.00 | 71 | 10 |
| 60 | 123 | $15.20 | $17.60 | 52.02% | $420.00 | — | $55.50 | $58.50 | 67 | 0 |
| 71 | 139 | $12.80 | $14.90 | 52.02% | $430.00 | — | $63.00 | $66.00 | 18 | 0 |
| 27 | 53 | $10.50 | $12.90 | 52.14% | $440.00 | — | — | — | — | — |
| 116 | 106 | $8.40 | $11.10 | 52.03% | $450.00 | — | $78.70 | $82.00 | 2 | 0 |
| 3 | 11 | $7.50 | $9.60 | 53.01% | $460.00 | — | $87.40 | $89.60 | 0 | 1 |
| 3 | 36 | $5.50 | $8.10 | 52.15% | $470.00 | — | — | — | — | — |
| 3 | 75 | $4.20 | $6.90 | 51.92% | $480.00 | — | — | — | — | — |
Forward $379.19. The 25-delta put carries -0.12 volatility points over the 25-delta call.
2026-12-18(86 days)ATM 51.62%±95.26skew -0.33
| Calls | Strike | Puts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Volume | Open int | Bid | Ask | IV | IV | Bid | Ask | Open int | Volume | |
| 1 | 140 | $103.60 | $106.70 | — | $280.00 | 53.17% | $3.80 | $5.80 | 325 | 16 |
| 0 | 52 | $95.30 | $97.50 | — | $290.00 | 51.77% | $5.70 | $6.10 | 638 | 7 |
| 2 | 277 | $86.80 | $89.30 | — | $300.00 | 53.28% | $7.50 | $9.30 | 800 | 52 |
| 2 | 329 | $79.10 | $81.60 | — | $310.00 | 51.53% | $9.50 | $10.30 | 706 | 27 |
| 3 | 4,606 | $71.30 | $73.90 | — | $320.00 | 51.19% | $11.90 | $12.80 | 15,958 | 71 |
| 2 | 433 | $64.10 | $67.40 | — | $330.00 | 50.96% | $14.80 | $15.70 | 197 | 36 |
| 10 | 273 | $58.00 | $60.20 | — | $340.00 | 50.86% | $18.20 | $19.10 | 699 | 119 |
| 2 | 367 | $51.40 | $54.30 | — | $350.00 | 50.71% | $21.90 | $23.00 | 775 | 31 |
| 15 | 314 | $45.80 | $48.90 | — | $360.00 | 50.72% | $26.20 | $27.40 | 376 | 17 |
| 10 | 362 | $40.60 | $43.40 | — | $370.00 | 51.73% | $31.10 | $33.50 | 277 | 429 |
| 22 | 811 | $37.00 | $38.40 | — | $380.00 | 51.76% | $36.30 | $38.80 | 526 | 11 |
| 30 | 4,334 | $32.70 | $34.00 | 51.63% | $390.00 | — | $41.70 | $43.00 | 374 | 30 |
| 16 | 390 | $28.80 | $30.10 | 51.59% | $400.00 | — | $47.70 | $50.50 | 128 | 20 |
| 8 | 134 | $24.20 | $26.80 | 50.95% | $410.00 | — | $53.90 | $56.40 | 784 | 1 |
| 19 | 178 | $21.10 | $23.80 | 51.07% | $420.00 | — | $61.10 | $63.40 | 45 | 1 |
| 5 | 118 | $18.30 | $20.90 | 51.00% | $430.00 | — | $68.20 | $70.70 | 9 | 0 |
| 2 | 280 | $16.10 | $18.40 | 51.23% | $440.00 | — | $75.80 | $78.20 | 4 | 0 |
| 1 | 182 | $14.00 | $16.20 | 51.34% | $450.00 | — | — | — | — | — |
| 4 | 186 | $11.80 | $14.40 | 51.29% | $460.00 | — | $91.50 | $93.70 | 2 | 0 |
| 2 | 195 | $10.20 | $12.70 | 51.45% | $470.00 | — | — | — | — | — |
| 8 | 93 | $8.80 | $11.20 | 51.60% | $480.00 | — | — | — | — | — |
Forward $380.15. The 25-delta put carries -0.33 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.