Options Skew Analytics

XOM 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 37.00%±6.39skew +3.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
059$23.00$25.60—$140.00—————
041$18.05$20.40—$145.00—————
13$15.05$17.65—$148.0051.60%$0.05$0.093322
29$14.70$16.50—$149.00—————
2292$14.30$15.40—$150.00—————
216$10.80$13.10—$152.50—————
771$8.65$10.60—$155.0043.44%$0.28$0.29862154
2417$7.90$8.00—$157.5041.39%$0.50$0.526171,055
9581$5.80$5.90—$160.0039.62%$0.90$0.91994784
6180$4.00$4.05—$162.5038.15%$1.55$1.57855921
1,584381$2.51$2.5537.03%$165.00—$2.55$2.59692980
1,416306$1.44$1.4536.22%$167.50—$3.95$4.0581591
1,7942,866$0.75$0.7635.90%$170.00—$5.80$5.852,627144
573644$0.37$0.3836.23%$172.50—$7.90$8.0093314
7502,860$0.17$0.1936.92%$175.00—$9.95$10.701,16639
2971,351$0.07$0.1238.57%$177.50—$12.25$14.651,1124
4001,763$0.04$0.0740.73%$180.00—$14.80$17.157459
100694$0.01$0.0643.24%$182.50—$17.35$19.654001
15111,743$0.01$0.0243.47%$185.00—$19.85$22.155170
47881$0.01$0.0450.85%$187.50—$22.05$24.6510
—————$190.00—$24.70$26.7511

Forward $164.96. The 25-delta put carries +3.72 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 33.56%±9.56skew +2.87
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
171,429$27.90$30.30—$135.0048.00%$0.03$0.053,34116
51,122$23.65$25.40—$140.00—————
91982$18.05$20.25—$145.00—————
4799$14.20$15.35—$150.0038.42%$0.42$0.443,535197
01$10.80$13.00—$152.5037.15%$0.64$0.6616612
123,326$8.95$10.75—$155.0036.19%$0.98$1.004,147195
7148$8.30$8.40—$157.5035.26%$1.46$1.49443212
1923,409$6.35$6.45—$160.0034.55%$2.15$2.185,043802
164126$4.70$4.80—$162.5033.83%$3.05$3.10285180
4993,288$3.35$3.4033.46%$165.00—$4.25$4.304,059322
404297$2.28$2.3232.76%$167.50—$5.70$5.801,53442
84611,013$1.49$1.5332.39%$170.00—$7.45$7.553,02390
1492,076$0.95$0.9732.26%$172.50—$9.40$9.5056617
6325,216$0.59$0.6032.34%$175.00—$11.45$12.302,10823
124763$0.35$0.3732.52%$177.50—$13.45$15.454055
4469,663$0.22$0.2333.13%$180.00—$15.85$16.755,27415
—————$182.50—$18.10$20.7547126
3035,864$0.06$0.1033.99%$185.00—$20.85$23.101871
53850$0.04$0.0835.62%$187.50—$23.30$25.601310
1776,041$0.04$0.0637.66%$190.00—$25.80$28.10382
13785$0.03$0.0941.52%$192.50—$28.15$30.55640

Forward $164.10. The 25-delta put carries +2.87 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 30.40%±11.09skew +2.86
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$32.95$35.40—$130.00—————
14$23.00$25.55—$140.00—————
32$13.25$15.65—$150.0033.84%$0.60$0.7132261
0—$11.00$13.40—$152.5034.30%$0.85$1.27—3
172$10.30$11.05—$155.0032.27%$1.32$1.4050978
0—$8.55$9.30—$157.5031.77%$1.81$2.07—126
29$6.70$7.15—$160.0030.75%$2.50$2.75437129
1—$5.05$5.70—$162.5031.84%$3.40$4.20—17
33119$3.85$4.1530.16%$165.00—$4.65$4.9525021
32—$2.65$3.1029.49%$167.50—$5.95$6.60—25
43260$1.92$2.1429.26%$170.00—$7.65$8.253568
13—$1.22$1.5228.91%$172.50—$9.60$11.65—0
63253$0.79$1.0028.66%$175.00—$11.30$13.751996
7—$0.57$0.6929.36%$177.50—$13.65$15.65—0
—————$180.00—$15.95$18.4027518
—————$182.50—$18.25$20.75—0
—————$185.00—$20.70$23.15410
—————$187.50—$23.10$25.65—0
203,232$0.05$0.1131.34%$190.00—$25.60$28.15910
—————$200.00—$35.60$38.05210
—————$245.00—$80.50$83.0010

Forward $164.20. The 25-delta put carries +2.86 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 29.81%±12.82skew +2.83
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$13.60$15.90—$150.0033.68%$0.95$1.203122
01$11.05$11.60—$155.0031.64%$1.80$1.931329
110$7.40$7.80—$160.0030.49%$3.15$3.401273
5950$4.65$4.9029.79%$165.00—$5.30$5.601828
99117$2.56$2.8328.89%$170.00—$8.25$9.951626
102120$1.36$1.5228.81%$175.00—$11.95$14.0522653
72328$0.65$0.8129.01%$180.00—$16.25$18.60830
15260$0.29$0.4029.18%$185.00—$20.80$23.30160
—————$190.00—$25.65$28.1580
—————$195.00—$30.45$33.1060

Forward $164.32. The 25-delta put carries +2.83 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 30.19%±14.68skew +3.11
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$33.00$36.90—$130.00—————
01$24.10$25.60—$140.0036.57%$0.39$0.6347
—————$145.0034.44%$0.70$0.9986
01$13.85$16.30—$150.0033.18%$1.30$1.67213
51$11.60$12.15—$155.0032.32%$2.26$2.853514
015$8.05$8.65—$160.0031.93%$3.75$4.70437
216$5.20$5.7030.16%$165.00—$5.90$6.601015
831$3.15$3.5529.44%$170.00—$8.75$9.651422
14102$1.84$2.0829.21%$175.00—$12.40$13.30623
86303$1.03$1.1729.26%$180.00—$16.40$18.7581
097$0.50$0.7930.06%$185.00—$21.05$23.4050
—————$190.00—$25.70$28.20120
—————$195.00—$30.20$33.1010
—————$200.00—$35.40$38.0510

Forward $164.20. The 25-delta put carries +3.11 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 29.63%±15.94skew +2.35
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0948$57.90$60.65—$105.00—————
01,164$52.85$55.65—$110.00—————
02,167$47.90$50.70—$115.0043.28%$0.01$0.062,98124
14,019$42.90$45.70—$120.00—————
14,406$37.90$40.55—$125.00—————
395,694$32.95$35.60—$130.00—————
262,155$29.50$30.55—$135.0036.96%$0.30$0.464,12431
126,357$24.25$25.65—$140.0035.66%$0.56$0.776,92112
12,265$18.55$20.95—$145.0034.55%$1.01$1.2832,23753
326,887$15.60$16.70—$150.0032.34%$1.68$1.795,756382
234,368$11.95$12.60—$155.0030.94%$2.64$2.864,500415
2282,451$8.75$9.10—$160.0030.20%$4.25$4.454,633534
2635,787$6.00$6.2529.68%$165.00—$6.45$6.703,288449
36010,014$3.80$4.0028.75%$170.00—$9.20$9.602,04773
4665,378$2.32$2.5128.59%$175.00—$12.65$14.401,44555
2917,136$1.41$1.4928.68%$180.00—$16.75$17.951,37142
22023,899$0.74$0.8728.50%$185.00—$21.40$22.8544819
39234,716$0.45$0.5229.21%$190.00—$25.75$28.2517210
1563,949$0.21$0.3229.39%$195.00—$30.70$33.15250
4884,043$0.17$0.2131.02%$200.00—$35.45$38.10450
—————$210.00—$45.40$48.05390

Forward $164.55. The 25-delta put carries +2.35 volatility points over the 25-delta call.

2026-12-24(45 days)ATM 30.48%±17.58skew +1.99
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$140.0034.90%$0.70$0.9741
—————$145.0033.50%$1.15$1.5304
—————$150.0032.10%$1.84$2.35520
—————$155.0031.41%$3.00$3.6528
30$9.20$9.80—$160.0030.82%$4.60$5.5081311
5332$6.40$6.8530.50%$165.00—$6.70$8.05870
50213$4.25$4.7029.92%$170.00—$9.60$11.00110
1675$2.69$3.0529.41%$175.00—————
2588$1.64$1.9029.13%$180.00—$16.90$19.3010
750$0.97$1.1629.08%$185.00—————
0133$0.57$0.7729.63%$190.00—————

Forward $164.25. The 25-delta put carries +1.99 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 28.66%±20.28skew +2.75
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
32,944$52.85$55.45—$110.0040.15%$0.05$0.095,34112
41,985$47.90$50.60—$115.00—————
05,998$42.95$45.70—$120.00—————
321,687$38.10$40.45—$125.0036.01%$0.25$0.378,1957
145,813$34.35$35.70—$130.0034.90%$0.45$0.568,62723
153,823$30.00$31.05—$135.0033.84%$0.77$0.846,0007
203,948$24.95$26.55—$140.0032.79%$1.21$1.294,126160
113,105$21.15$22.20—$145.0031.90%$1.81$2.023,298140
1196,516$17.50$18.00—$150.0030.61%$2.69$2.849,165398
32,432$13.95$14.40—$155.0029.98%$4.00$4.154,521121
5246,744$10.75$11.05—$160.0029.36%$5.70$5.905,34093
3045,055$8.00$8.25—$165.0028.81%$7.85$8.153,653786
2028,576$5.75$5.9528.30%$170.00—$10.60$12.052,16834
2845,539$4.00$4.2028.00%$175.00—$13.95$14.751,1677
69037,318$2.74$2.8727.86%$180.00—$17.75$19.201,68912
5768,282$1.83$1.9327.83%$185.00—$21.80$22.751,04718
4445,178$1.21$1.3027.99%$190.00—$26.20$28.601710
5814,678$0.65$0.8627.55%$195.00—$30.80$33.301050
4957,970$0.46$0.5728.11%$200.00—$35.70$38.15210
153,313$0.20$0.3129.47%$210.00—$45.40$48.0510
8958$0.11$0.1831.25%$220.00—$55.25$58.0010

Forward $165.13. The 25-delta put carries +2.75 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.