Options Skew Analytics

W option chain

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

Data as of 28 September 2026 (end of day)

2026-10-02(4 days)ATM 67.94%±7.08skew -2.17
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
15$8.60$11.15—$89.00—————
15$7.70$10.10—$90.00—————
10$5.95$8.35—$92.0071.89%$0.44$0.678757
—————$93.0069.77%$0.60$0.752645
20$4.75$6.75—$94.0068.83%$0.77$0.944550
363$5.00$6.05—$95.0068.56%$1.00$1.1916923
121$4.55$5.00—$96.0068.38%$1.27$1.50406
29143$3.90$4.35—$97.0067.26%$1.54$1.847329
43$3.40$4.00—$98.0067.99%$1.99$2.25548
64237$2.94$3.25—$99.0068.64%$2.50$2.7113049
4535$2.43$2.7267.80%$100.00—$2.90$3.251579
1315$2.01$2.3168.15%$101.00—$3.50$3.85412
534$1.65$1.8667.42%$102.00—$4.10$4.452541
3134$1.35$1.6068.58%$103.00—$4.65$5.2040
11162$1.09$1.3168.69%$104.00—$5.35$5.9040
19495$0.89$1.1770.73%$105.00—$6.00$8.50130
533$0.71$0.8068.29%$106.00—$6.95$8.80330
—————$107.00—$7.75$10.1540
—————$108.00—$8.55$11.0530
—————$109.00—$9.35$11.9520
—————$110.00—$10.30$12.3510

Forward $99.49. The 25-delta put carries -2.17 volatility points over the 25-delta call.

2026-10-09(11 days)ATM 58.29%±10.05skew +0.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$22.50$25.20—$75.00—————
01$11.10$14.05—$87.00—————
01$8.50$11.00—$90.0061.73%$0.74$1.211300
—————$91.0060.95%$0.96$1.331815
—————$92.0059.78%$1.10$1.54315
—————$93.0061.39%$1.35$1.992110
01$6.70$7.65—$94.0058.76%$1.53$2.1193
02$6.25$6.90—$95.0060.48%$1.98$2.5325
03$5.35$6.35—$96.0059.19%$2.28$2.8120
020$4.95$5.70—$97.0058.99%$2.53$3.354310
08$4.20$5.10—$98.0059.19%$3.10$3.7032
114$3.35$4.0558.28%$100.00—$4.00$4.70151
02$2.97$3.6558.93%$101.00—$4.55$5.2520
016$2.55$3.2058.36%$102.00—$5.25$5.70141
05$2.23$2.9359.34%$103.00—————
10$1.91$2.4558.19%$104.00—————
66$1.66$2.2459.18%$105.00—$7.05$7.8510
75$1.22$1.9261.26%$107.00—$8.50$10.6550
0484$1.04$1.5059.60%$108.00—————
—————$109.00—$10.05$12.60150
—————$111.00—$11.75$14.3510

Forward $99.35. The 25-delta put carries +0.13 volatility points over the 25-delta call.

2026-10-16(18 days)ATM 55.30%±12.19skew +2.83
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0101$9.35$11.70—$90.0058.40%$1.33$1.832160
—————$91.0061.32%$1.70$2.3720
—————$92.0059.14%$1.95$2.40551
0101$8.20$9.75—$92.5058.59%$2.06$2.52700
06$8.80$9.35—$93.0061.64%$2.21$3.15470
—————$94.0060.24%$2.60$3.25110
5346$6.90$8.10—$95.0058.08%$2.86$3.406006
—————$96.0060.66%$3.25$4.251080
02$6.25$6.80—$97.0058.71%$3.70$4.35210
056$6.00$6.45—$97.5057.77%$3.90$4.454120
02$5.10$6.20—$98.0056.46%$3.90$4.701225
15$4.75$5.75—$99.0058.20%$4.55$5.3570
11215$3.85$5.2055.26%$100.00—$5.20$5.703124
024$4.25$4.7559.95%$101.00—$5.55$6.7530
08$3.85$4.3560.04%$102.00—$6.10$6.8511
043$3.45$4.0060.10%$103.00—————
0644$2.77$3.2559.66%$105.00—$8.00$8.8015221
18$2.50$3.0560.46%$106.00—$8.75$10.301024
—————$107.00—$9.55$10.4511
—————$108.00—$10.20$10.95230
10499$1.32$2.1156.31%$109.00—$10.95$12.95420

Forward $99.30. The 25-delta put carries +2.83 volatility points over the 25-delta call.

2026-10-23(25 days)ATM 53.66%±13.93skew +1.36
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$90.0059.35%$1.96$2.76170
—————$91.0057.48%$2.15$2.8632
—————$93.0057.76%$2.60$3.8060
01$7.50$9.25—$94.0056.70%$3.05$3.9060
—————$95.0055.93%$3.40$4.2070
04$7.15$8.05—$96.0057.96%$3.80$5.05120
—————$97.0055.66%$4.20$5.1050
03$5.85$7.00—$98.0055.61%$4.70$5.55990
05$5.55$6.40—$99.0056.98%$5.20$6.3510
50$4.45$5.8553.46%$100.00—$5.75$6.55390
04$4.45$5.4555.73%$101.00—$6.10$7.7550
—————$102.00—$6.70$7.8550
—————$103.00—$7.25$8.30500
032$3.40$4.2555.95%$104.00—$8.05$9.4550
102$3.10$3.8555.78%$105.00—$8.70$9.6530
030$2.46$3.2055.26%$107.00—$10.05$11.7020
110$2.30$3.0556.47%$108.00—$10.70$11.7020
88734$1.90$2.5256.60%$110.00—$12.25$14.2520
02$1.62$2.3056.11%$111.00—————
03$1.51$2.1356.78%$112.00—————
08$0.88$1.2756.85%$117.00—$17.65$20.5010

Forward $99.20. The 25-delta put carries +1.36 volatility points over the 25-delta call.

2026-11-20(53 days)ATM 69.44%±26.41skew +6.03
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$33.90$36.15—$65.00—————
013$31.15$33.70—$67.5073.73%$0.76$0.9436516
0153$28.95$31.30—$70.00—————
08$26.75$29.30—$72.5075.09%$1.20$1.996350
07$24.65$27.00—$75.0072.79%$1.53$2.204302
012$22.60$25.05—$77.5074.51%$1.94$3.10700
0488$20.60$22.95—$80.0071.61%$2.59$3.105516
060$18.75$21.25—$82.5070.31%$3.00$3.753800
0207$16.90$19.40—$85.0071.40%$3.80$4.702860
024$15.20$17.70—$87.5070.35%$4.65$5.301724
036$13.60$16.10—$90.0071.33%$5.55$6.552,2821
482$12.20$14.40—$92.5069.50%$6.45$7.25920
077$12.55$13.05—$95.0070.97%$7.60$8.805862
0374$9.50$11.75—$97.5069.31%$8.80$9.602601
7268$10.10$10.6069.42%$100.00—$10.15$10.951,0244
131,194$8.20$8.4569.44%$105.00—$13.00$13.858721
2678$6.50$6.8069.55%$110.00—$16.30$17.155300
1105$4.90$5.4068.76%$115.00—$20.05$20.702,4532
2160$3.05$4.1565.37%$120.00—$23.70$24.552420
0215$2.32$3.3065.95%$125.00—$27.75$30.20390
0246$2.23$2.5868.65%$130.00—$31.85$34.4050

Forward $99.80. The 25-delta put carries +6.03 volatility points over the 25-delta call.

2026-12-18(81 days)ATM 64.00%±29.91skew -0.08
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
015$34.25$36.80—$65.00—————
04$31.95$34.55—$67.50—————
090$29.80$32.50—$70.0069.64%$1.52$2.44630
021$27.75$30.40—$72.5068.53%$1.89$2.842250
089$25.70$28.25—$75.0067.83%$2.24$3.454790
036$23.75$26.40—$77.5066.47%$2.87$3.75590
095$21.85$24.50—$80.0065.07%$3.40$4.252270
0225$20.05$22.50—$82.5067.29%$4.10$5.70630
0297$18.35$20.70—$85.0064.94%$4.95$5.90480
058$16.80$19.15—$87.5064.36%$5.80$6.753060
0239$15.25$17.65—$90.0064.35%$6.60$8.001300
015$13.80$16.05—$92.5063.38%$7.70$8.801,4170
0270$12.50$14.70—$95.0063.82%$8.90$10.152280
2323$12.00$13.40—$97.5062.65%$10.00$11.20140
0703$10.10$12.3562.82%$100.00—$11.30$12.701210
0218$8.95$10.1564.44%$105.00—$14.30$15.45700
51150$7.95$8.5066.39%$110.00—$17.60$18.653180
822,185$6.50$6.8565.70%$115.00—$21.10$22.151810
0182$5.20$5.7065.54%$120.00—$24.60$25.90260
02,217$4.15$4.6065.05%$125.00—$28.35$29.85130
0145$3.30$3.8065.02%$130.00—$32.85$35.3530

Forward $99.22. The 25-delta put carries -0.08 volatility points over the 25-delta call.

2027-01-15(109 days)ATM 61.44%±33.56skew +3.44
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
026$34.85$37.25—$65.00—————
035$32.65$35.15—$67.5065.40%$1.52$2.431300
03,193$30.65$33.25—$70.0064.84%$1.98$2.807,6030
017$28.65$31.10—$72.5065.02%$2.45$3.45630
02,336$26.65$29.25—$75.0065.09%$2.95$4.203,7830
052$24.80$27.35—$77.5063.24%$3.55$4.451260
0416$22.95$25.40—$80.0064.07%$4.10$5.656240
023$21.25$23.55—$82.5064.00%$4.85$6.551200
02,374$19.60$21.90—$85.0060.92%$5.70$6.451,0770
077$18.90$20.35—$87.5061.11%$6.75$7.402150
0215$17.30$18.90—$90.0061.11%$7.75$8.501,00585
099$15.20$17.45—$92.5060.45%$8.80$9.45578
2138$14.70$16.15—$95.0060.79%$9.95$10.853250
150$13.45$14.90—$97.5060.14%$11.05$12.051,9632
0176$12.05$13.7060.22%$100.00—$12.45$13.402,0294
18,476$10.65$11.6561.49%$105.00—$15.40$16.2517621
2307$8.60$9.7560.34%$110.00—$18.45$19.851270
0946$6.60$8.2058.94%$115.00—$21.80$23.25620
0618$5.80$6.9059.96%$120.00—$25.65$26.951190
01,615$4.35$5.7558.73%$125.00—$29.55$30.801150
050$3.10$4.8057.47%$130.00—$33.70$35.80470

Forward $99.95. The 25-delta put carries +3.44 volatility points over the 25-delta call.

2027-02-19(144 days)ATM 60.06%±37.75skew +4.21
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$65.0066.16%$1.98$3.0530
02$31.85$34.50—$70.0065.66%$3.00$4.15150
03$28.25$30.80—$75.0064.65%$4.05$5.55240
01$26.50$29.15—$77.50—————
—————$80.0063.86%$5.25$7.35210
—————$82.5062.86%$6.20$7.8510
—————$85.0061.11%$7.05$8.2510
02$20.45$22.40—$87.5060.92%$8.10$9.2010
0100$18.65$21.00—$90.0060.88%$9.20$10.3010
038$17.25$19.80—$92.5060.53%$10.10$11.6010
—————$95.0059.80%$11.15$12.70110
—————$97.5059.96%$12.55$14.0010
013$13.65$16.05—$100.0060.47%$14.15$15.40220
03$11.65$13.9560.13%$105.00—$16.85$18.3540
06$9.85$12.2059.97%$110.00—$20.00$21.5550
077$8.00$10.4558.81%$115.00—$23.25$25.65120
09$6.90$9.0058.99%$120.00—$27.05$29.2080
070$5.50$7.8058.30%$125.00—$30.70$33.35100
02$4.80$6.9059.13%$130.00—$34.60$36.8510
0191$3.85$5.9558.65%$135.00—————
03$3.35$5.0558.79%$140.00—————

Forward $100.08. The 25-delta put carries +4.21 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.

W option chain | Options Skew Analytics