Resolving liquidity matrix...
Loading listed desk
25Δ RR / fly from marked chain IVs. Smile is observed marks, not a fitted model. Research terminal.
Listed chain tenors only — not 7d / 30d / 90d buckets. Missing 25Δ wings or ATM stay —. Calendar is ATM IV minus front listed ATM.
| Tenor | ATM IV | 25Δ RR | 25Δ Fly | Cal vs front | Chart |
|---|---|---|---|---|---|
| 2026-10-02 | 116.7% | -1.72 pts | +6.29 pts | — | Chart |
| 2026-10-09 | 127.6% | +2.82 pts | +4.08 pts | +10.94 pts | Chart |
| 2026-10-16 | 125.1% | -0.31 pts | +5.07 pts | +8.37 pts | Chart |
| 2026-10-23 | 92.0% | -12.37 pts | +11.60 pts | -24.65 pts | Chart |
| 2026-10-30 | 124.4% | +1.47 pts | +3.52 pts | +7.75 pts | Chart |
| 2026-11-27 | 90.6% | -21.57 pts | +11.01 pts | -26.14 pts | Chart |
| 2026-12-25 | 89.9% | -21.22 pts | +16.49 pts | -26.79 pts | Chart |
| 2027-03-26 | 89.0% | -44.57 pts | +21.92 pts | -27.70 pts | Chart |
| STRIKE | MONEYNESS | CALL IV | PUT IV | SKEW SPREAD | Chart |
|---|---|---|---|---|---|
| $600 | 39.3% | 206.1% | 205.2% | -0.89 pts | Chart |
| $700 | 45.8% | 206.1% | 206.1% | 0.00 pts | Chart |
| $800 | 52.4% | 205.2% | 205.2% | 0.00 pts | Chart |
| $850 | 55.7% | 205.2% | 205.2% | 0.00 pts | Chart |
| $900 | 58.9% | 205.2% | 205.2% | 0.00 pts | Chart |
| $950 | 62.2% | 205.2% | 206.1% | 0.89 pts | Chart |
| $975 | 63.8% | 205.2% | 205.2% | 0.00 pts | Chart |
| $1000 | 65.5% | 202.0% | 202.0% | 0.00 pts | Chart |
| $1025 | 67.1% | 200.7% | 197.8% | -2.88 pts | Chart |
| $1050 | 68.8% | 193.7% | 193.7% | 0.00 pts | Chart |
| $1075 | 70.4% | 192.2% | 189.6% | -2.61 pts | Chart |
| $1100 | 72.0% | 185.4% | 187.9% | 2.47 pts | Chart |
| $1125 | 73.7% | 183.6% | 183.6% | 0.00 pts | Chart |
| $1150 | 75.3% | 179.4% | 177.2% | -2.18 pts | Chart |
| $1175 | 76.9% | 173.0% | 175.1% | 2.04 pts | Chart |
| $1200 | 78.6% | 170.8% | 168.9% | -1.89 pts | Chart |
| $1225 | 80.2% | 166.5% | 166.5% | 0.00 pts | Chart |
| $1250 | 81.9% | 162.1% | 160.6% | -1.58 pts | Chart |
| $1275 | 83.5% | 156.4% | 157.8% | 1.42 pts | Chart |
| $1300 | 85.1% | 152.1% | 152.1% | 0.00 pts | Chart |
| $1350 | 88.4% | 143.6% | 144.4% | 0.89 pts | Chart |
| $1400 | 91.7% | 134.8% | 135.3% | 0.48 pts | Chart |
| $1450 | 95.0% | 125.8% | 125.8% | 0.00 pts | Chart |
| $1500 | 98.2% | 117.2% | 116.1% | -1.10 pts | Chart |
| $1600 | 104.8% | 120.4% | 120.4% | 0.00 pts | Chart |
| $1700 | 111.3% | 127.6% | 128.6% | 1.02 pts | Chart |
| $1800 | 117.9% | 135.9% | 135.8% | -0.11 pts | Chart |
| $1900 | 124.4% | 142.6% | 143.2% | 0.64 pts | Chart |
| $2000 | 131.0% | 149.9% | 148.6% | -1.29 pts | Chart |
| $2100 | 137.5% | 154.1% | 154.1% | 0.00 pts | Chart |