Options Skew Analytics

XRT option chain

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

Data as of 23 September 2026 (end of day)

2026-10-02(9 days)ATM 23.30%±3.01skew +1.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$80.0025.25%$0.36$0.52100
—————$81.0024.25%$0.59$0.78130
—————$82.0023.53%$0.95$1.15120
06$1.06$1.1823.28%$82.50—————
13$0.85$0.9623.36%$83.00—$1.49$1.652610
1810$0.65$0.7823.30%$83.50—$1.80$1.96650
10$0.49$0.6323.35%$84.00—$2.12$2.34827
24$0.36$0.5123.46%$84.50—$2.35$2.7065
212$0.26$0.4123.61%$85.00—$2.42$3.1550
—————$87.00—$3.50$5.2520
—————$87.50—$3.55$5.7510
—————$88.00—$5.10$6.10110
—————$88.50—$4.45$6.5520
—————$90.50—$6.65$9.0520
—————$91.00—$7.00$9.5510

Forward $82.33. The 25-delta put carries +1.79 volatility points over the 25-delta call.

2026-11-20(58 days)ATM 22.46%±7.43skew +1.15
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$10.80$11.45—$72.00—————
01$8.05$10.05—$75.00—————
—————$76.0025.49%$0.66$1.0570
—————$77.0025.75%$1.00$1.21163
—————$78.0025.11%$1.00$1.6180
—————$79.0025.82%$1.51$1.873150
—————$80.0024.86%$1.71$2.1502
31,000$3.30$3.90—$82.0024.60%$2.52$2.95230
04$2.70$3.1522.33%$83.00—$2.31$3.5531
—————$84.00—$3.05$4.0503
016$1.85$2.7624.14%$85.00—————
12$1.48$2.1523.08%$86.00—$4.05$5.3510
09$1.24$1.9823.96%$87.00—————
—————$90.00—$7.20$8.3020
43$0.15$0.2423.02%$96.00—————

Forward $82.99. The 25-delta put carries +1.15 volatility points over the 25-delta call.

2026-12-18(86 days)ATM 23.29%±9.45skew +4.13
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
06$17.45$19.70—$65.00—————
01$8.60$10.80—$75.00—————
—————$77.0026.71%$1.45$1.841211
07$5.05$6.70—$80.0024.33%$1.85$2.755,3890
—————$81.0024.11%$2.12$3.203500
08$4.15$4.75—$82.0025.27%$2.95$3.602,10017
016$3.50$4.60—$83.0023.52%$2.75$4.20920
027$3.00$4.1023.37%$84.00—$3.90$4.60483
378$2.57$3.1521.78%$85.00—$4.55$5.255,18620
413$2.31$2.8422.45%$86.00—$4.75$5.951540
5968$1.87$2.5022.20%$87.00—$4.80$6.601040
61,003$1.71$2.1522.60%$88.00—$5.50$7.303090
639190$1.30$1.6521.34%$89.00—$6.25$8.052270
682$1.24$1.7123.13%$90.00—$7.00$8.954300
33595$1.04$1.3322.57%$91.00—$8.35$9.55120
—————$92.00—$8.35$10.50130
—————$94.00—$10.65$12.2530
—————$95.00—$11.30$13.25130
—————$96.00—$12.10$14.1550
—————$100.00—$15.70$19.60580

Forward $83.58. The 25-delta put carries +4.13 volatility points over the 25-delta call.

2027-01-15(114 days)ATM 24.09%±11.23skew +4.79
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
011$15.05$16.70—$68.00—————
03$14.15$14.90—$69.00—————
041$13.30$13.80—$70.0027.93%$0.65$0.885321
013$12.30$13.10—$71.0028.02%$0.72$1.14330
034$11.55$12.50—$72.0027.19%$0.83$1.21960
063$10.75$11.90—$73.00—————
04$9.80$11.60—$74.0026.58%$1.20$1.5251816
010$9.05$10.75—$75.0026.49%$1.28$1.904440
06$8.30$9.80—$76.0026.77%$1.69$2.115960
013$7.60$9.10—$77.00—————
01,609$6.90$8.55—$78.0025.30%$1.99$2.612,3120
010$6.35$7.90—$79.0025.91%$2.26$3.251020
0127$5.70$7.00—$80.0023.36%$2.12$3.303680
020$5.15$6.95—$81.0024.63%$2.74$3.953360
137$4.65$4.90—$82.0025.20%$3.30$4.50290
019$3.95$5.25—$83.0023.89%$3.55$4.75400
0123$3.50$4.9024.25%$84.00—$4.20$5.551020
029$3.20$3.8522.91%$85.00—$4.70$5.7529,0230
0255$2.70$4.1024.40%$86.00—$5.25$6.602390
11,443$1.51$1.9521.99%$90.00—$7.80$9.203031
0611$0.72$0.9922.39%$95.00—$11.60$13.401100

Forward $83.46. The 25-delta put carries +4.79 volatility points over the 25-delta call.

2027-03-19(177 days)ATM 25.33%±14.70skew +2.72
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
—————$73.0025.88%$1.48$2.22121
—————$74.0026.07%$1.91$2.39121
—————$75.0025.86%$2.17$2.643283
05$9.60$11.10—$76.0025.96%$2.57$2.9191
—————$77.0025.30%$2.66$3.25101
05$8.25$9.70—$78.0025.20%$3.00$3.60151
022$7.60$9.30—$79.0024.88%$3.35$3.903351
—————$80.0024.33%$3.55$4.30390
—————$81.0024.02%$3.90$4.70130
04$5.85$7.40—$82.0024.72%$4.70$5.156992
108$5.45$5.95—$83.0024.49%$5.15$5.6070712
103$5.05$5.6024.83%$84.00—$5.60$6.1070311
09$4.50$5.6025.49%$85.00—$5.00$6.80220
135$4.10$4.7024.38%$86.00—$6.15$7.30310
07$3.30$4.9024.71%$87.00—$6.30$7.95130
016$3.20$4.3024.70%$88.00—$6.70$8.60100
07$2.96$3.9024.72%$89.00—$7.75$9.2570
158$2.70$3.2023.88%$90.00—$8.35$10.00240
07$2.25$3.2024.13%$91.00—$9.00$10.70420
013$2.11$2.6323.63%$92.00—$9.65$11.40160
054$1.91$2.1823.14%$93.00—$11.55$12.101,47810

Forward $83.33. The 25-delta put carries +2.72 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.