Options Skew Analytics

XPEV option chain

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

Data as of 23 September 2026 (end of day)

2026-10-16(23 days)ATM 50.14%±1.30skew -1.26
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
037$2.26$2.45—$8.0059.68%$0.01$0.041112
39$1.34$1.50—$9.0049.06%$0.06$0.101,1563
20$0.95$1.07—$9.5048.02%$0.15$0.20557
0188$0.63$0.75—$10.0047.91%$0.32$0.373,395274
10220$0.38$0.5050.76%$10.50—$0.56$0.69110
4,3697,126$0.24$0.3352.84%$11.00—$0.90$1.021,7223
115$0.12$0.1649.28%$11.50—$1.22$1.5720
22115,050$0.09$0.1053.19%$12.00—$1.78$2.056,0562
2325,127$0.03$0.0456.41%$13.00—$2.72$2.923,2112
—————$14.00—$3.50$4.351,2790
03,533$0.01$0.0271.57%$15.00—————
—————$16.00—$4.90$7.80580

Forward $10.31. The 25-delta put carries -1.26 volatility points over the 25-delta call.

2026-10-23(30 days)ATM 48.40%±1.43skew -5.88
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$8.5052.23%$0.04$0.09210
—————$9.0047.60%$0.09$0.1329100
21$1.00$1.13—$9.5046.84%$0.19$0.254810
033$0.69$0.80—$10.0048.04%$0.38$0.455110
35$0.45$0.5248.52%$10.50—$0.63$0.72520
3396$0.29$0.3851.05%$11.00—$0.96$1.06150
359$0.19$0.2652.72%$11.50—$1.30$1.4910
103353$0.12$0.1753.61%$12.00—$1.40$2.05170
0117$0.07$0.1355.73%$12.50—$1.99$2.581380
0485$0.01$0.0661.41%$14.00—————

Forward $10.31. The 25-delta put carries -5.88 volatility points over the 25-delta call.

2026-10-30(37 days)ATM 50.62%±1.67skew -3.73
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$8.5049.60%$0.06$0.09243
10$1.25$1.75—$9.0048.19%$0.12$0.17165
03$1.02$1.19—$9.5050.23%$0.25$0.342070
28$0.79$0.90—$10.0049.70%$0.46$0.50402
051$0.54$0.6550.66%$10.50—$0.69$0.806010
302311$0.40$0.4752.85%$11.00—$1.02$1.12150
0238$0.25$0.3452.87%$11.50—$1.39$1.502080
049$0.17$0.2453.96%$12.00—$1.78$1.9490

Forward $10.35. The 25-delta put carries -3.73 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 56.75%±3.31skew -3.41
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
0124$6.75$8.30—$3.00—————
0118$4.85$5.75—$5.00—————
—————$6.0062.54%$0.05$0.0804
0249$3.50$3.60—$7.0057.78%$0.11$0.174,4160
0145$2.60$2.87—$8.00—————
041$1.95$2.06—$9.0055.34%$0.58$0.621,27831
1206,441$1.45$1.51—$10.0055.84%$1.02$1.075,44721
1074,341$1.05$1.1056.75%$11.00—$1.47$1.662,6027
30816,099$0.71$0.7856.22%$12.00—$2.25$2.355,117394
106,020$0.48$0.5656.50%$13.00—$3.05$3.157,2920
2023,122$0.37$0.4258.75%$14.00—$3.85$4.007820
22214,935$0.28$0.3160.16%$15.00—$4.80$4.954,7480
—————$16.00—$5.70$5.859210
—————$17.00—$6.65$6.8020,3270
—————$18.00—$7.55$7.85530
—————$19.00—$8.55$8.85360
23424,438$0.08$0.1067.25%$20.00—$9.60$9.851,5170
—————$21.00—$10.15$11.4560
28,353$0.04$0.0869.45%$22.00—$10.05$12.6510
14,982$0.06$0.0773.62%$23.00—————
7618,062$0.03$0.0675.13%$25.00—————

Forward $10.44. The 25-delta put carries -3.41 volatility points over the 25-delta call.

2027-04-16(205 days)ATM 58.53%±4.64skew -1.52
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
020$5.40$5.70—$5.00—————
06$3.70$4.00—$7.0059.55%$0.29$0.42170
10054$3.00$3.25—$8.0058.11%$0.58$0.645106
07$2.48$2.60—$9.0057.56%$0.89$1.063535
7698$2.00$2.11—$10.0055.83%$1.30$1.501980
501630$1.59$1.6558.36%$11.00—$2.02$2.06739244
4890$1.26$1.3358.61%$12.00—$2.52$2.76370
11104$0.98$1.1059.04%$13.00—$3.35$3.60750
1301$0.81$0.8959.90%$14.00—$4.10$4.4030
15359$0.65$0.7360.38%$15.00—$4.95$5.25590
2333$0.42$0.6259.08%$16.00—$5.80$6.15400
730$0.45$0.5162.14%$17.00—$6.85$7.00550
046$0.37$0.4362.74%$18.00—$7.65$7.95140
019$0.31$0.3663.29%$19.00—————
0509$0.25$0.3564.86%$20.00—————

Forward $10.57. The 25-delta put carries -1.52 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.