Options Skew Analytics

XPEV 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 62.13%±0.66skew +6.22
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
513$4.50$4.75—$5.50—————
72$4.00$4.30—$6.00—————
40$3.50$3.75—$6.50—————
31$3.00$3.25—$7.00—————
21$2.53$2.86—$7.50—————
326$1.97$2.35—$8.00—————
183$1.62$1.88—$8.5098.30%$0.01$0.022981
2759$1.18$1.26—$9.0080.44%$0.01$0.04229248
100888$0.66$0.79—$9.5068.01%$0.04$0.08177248
1,5838,094$0.35$0.39—$10.0062.71%$0.17$0.19782,459
5151,949$0.12$0.1661.79%$10.50—$0.42$0.4750
55920$0.03$0.0561.88%$11.00—————
187187$0.01$0.0268.81%$11.50—$1.11$1.8560
—————$12.00—$1.68$2.21102
—————$15.00—$4.65$5.5503
—————$15.50—$5.25$6.0002
—————$16.00—$5.75$6.4005
—————$17.00—$6.70$8.0501
—————$19.00—$8.25$10.9510

Forward $10.19. The 25-delta put carries +6.22 volatility points over the 25-delta call.

2026-11-20(11 days)ATM 74.48%±1.32skew +1.50
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
20$3.30$4.40—$6.00—————
22$2.34$3.55—$7.00—————
01$2.00$3.30—$7.50—————
219$1.92$2.40—$8.00—————
213$1.39$1.96—$8.5082.51%$0.05$0.082060
0236$1.14$1.45—$9.0078.95%$0.12$0.142,43228
5961,506$0.90$0.97—$9.5076.21%$0.24$0.25903223
735,918$0.60$0.65—$10.0075.17%$0.41$0.462,47370
140889$0.37$0.4174.18%$10.50—$0.67$0.751730
1743,163$0.22$0.2574.71%$11.00—$0.98$1.071405
145189$0.13$0.1576.24%$11.50—————
211,595$0.08$0.1079.99%$12.00—$1.70$2.33192
121,059$0.03$0.0791.71%$13.00—$2.40$3.5510
2239$0.01$0.06104.60%$14.00—$3.40$4.5520
0357$0.01$0.02106.42%$15.00—————
—————$15.50—$4.70$6.30—0
—————$18.00—$7.75$8.8502

Forward $10.19. The 25-delta put carries +1.50 volatility points over the 25-delta call.

2026-11-27(18 days)ATM 63.78%±1.44skew -0.65
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
12$2.04$2.30—$8.0073.27%$0.03$0.06110
235$1.41$1.99—$8.5071.62%$0.07$0.12290
21$1.20$1.61—$9.0067.31%$0.13$0.20966
3615$0.94$1.03—$9.5065.58%$0.26$0.33768
19110$0.62$0.70—$10.0063.76%$0.45$0.523114
164$0.39$0.4863.81%$10.50—$0.69$0.7932
0224$0.24$0.3264.66%$11.00—$1.02$1.1332
0125$0.14$0.2266.23%$11.50—————
2310$0.09$0.1467.85%$12.00—————
371$0.06$0.1071.05%$12.50—————
01$0.04$0.0672.05%$13.00—$2.40$3.6040
—————$13.50—$2.50$4.0530
—————$16.00—$5.10$6.8501
—————$19.00—$8.65$9.6001

Forward $10.18. The 25-delta put carries -0.65 volatility points over the 25-delta call.

2026-12-04(25 days)ATM 61.01%±1.63skew +4.24
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
04$1.80$2.93—$8.00—————
211$1.20$1.63—$9.0064.61%$0.18$0.251817
211$1.00$1.11—$9.5061.91%$0.32$0.3723
17044$0.69$0.82—$10.0061.89%$0.51$0.60290
230$0.46$0.5760.71%$10.50—$0.78$0.87202
145$0.30$0.4262.27%$11.00—$1.11$1.2022
064$0.19$0.2560.37%$11.50—————
582$0.13$0.2064.33%$12.00—————
01$0.06$0.1067.77%$13.00—————

Forward $10.20. The 25-delta put carries +4.24 volatility points over the 25-delta call.

2026-12-11(32 days)ATM 59.14%±1.79skew +3.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$9.0062.65%$0.23$0.2944
—————$9.5059.92%$0.34$0.4564
135$0.75$0.87—$10.0058.68%$0.56$0.6312
22$0.52$0.6659.36%$10.50—$0.82$0.9302
2211$0.37$0.4860.34%$11.00—————
02$0.24$0.3359.57%$11.50—————
08$0.16$0.2661.81%$12.00—————
362$0.08$0.1263.19%$13.00—————

Forward $10.22. The 25-delta put carries +3.09 volatility points over the 25-delta call.

2026-12-18(39 days)ATM 58.28%±1.95skew -1.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$7.0068.38%$0.02$0.05140
831$1.97$2.50—$8.00—————
0256$1.46$1.58—$9.0061.28%$0.29$0.322246
193,172$0.82$0.93—$10.0058.20%$0.62$0.70138
35738$0.42$0.5358.63%$11.00—$1.20$1.31182
946,004$0.24$0.3162.43%$12.00—$1.97$2.0810
60271$0.10$0.1560.91%$13.00—————
039$0.06$0.0964.66%$14.00—————
14259$0.04$0.0668.94%$15.00—————

Forward $10.22. The 25-delta put carries -1.15 volatility points over the 25-delta call.

2027-01-15(67 days)ATM 55.28%±2.43skew -2.20
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0122$5.35$7.85—$3.00—————
0106$4.90$5.40—$5.00—————
04$3.95$4.35—$6.00—————
0261$3.10$3.40—$7.0061.16%$0.05$0.094,4975
0751$2.16$2.50—$8.0059.19%$0.17$0.221,4184
04,388$1.60$1.72—$9.0055.82%$0.40$0.432,28413
907,793$1.07$1.10—$10.0055.20%$0.81$0.835,32041
2176,567$0.66$0.6955.41%$11.00—$1.39$1.452,5990
10912,595$0.40$0.4456.73%$12.00—$2.12$2.225,6880
06,074$0.23$0.2958.02%$13.00—$2.95$3.257,2190
—————$14.00—$3.85$4.107410
018,299$0.11$0.1363.01%$15.00—$4.80$5.054,21432
—————$16.00—$5.80$6.106040
57,669$0.05$0.0767.13%$17.00—$6.75$7.009,58937
01,246$0.03$0.0871.78%$18.00—————
01,582$0.02$0.0673.09%$19.00—————
125,425$0.02$0.0474.52%$20.00—$9.65$10.352010
267,778$0.01$0.0680.70%$21.00—$10.65$11.1560
849,943$0.01$0.0684.86%$22.00—————
317,485$0.01$0.0389.12%$25.00—————
—————$30.00—$19.60$20.1510

Forward $10.27. The 25-delta put carries -2.20 volatility points over the 25-delta call.

2027-04-16(158 days)ATM 57.70%±3.91skew -1.25
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
222$5.20$5.40—$5.0062.46%$0.03$0.06540
020$4.20$4.50—$6.0061.55%$0.10$0.161320
056$3.30$3.60—$7.0057.58%$0.23$0.272032
0298$2.56$2.89—$8.0055.72%$0.42$0.527640
2156$2.07$2.25—$9.0056.40%$0.81$0.881,564100
305,195$1.49$1.71—$10.0055.53%$1.25$1.354130
393,234$1.19$1.3257.63%$11.00—$1.82$1.941,0770
831,642$0.89$1.0358.25%$12.00—$2.45$2.63661
1772,029$0.67$0.7858.44%$13.00—$3.25$3.401440
0323$0.50$0.5557.66%$14.00—$4.10$4.2530
6659$0.39$0.4358.73%$15.00—$4.95$5.202280
17376$0.30$0.3459.55%$16.00—$5.80$6.20620
4252$0.23$0.2659.89%$17.00—$6.75$7.151020
4227$0.13$0.2058.33%$18.00—$7.60$8.1550
13122$0.14$0.1660.94%$19.00—————
11594$0.11$0.1361.59%$20.00—————

Forward $10.31. The 25-delta put carries -1.25 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.