This is a plot of a time series of the approximate 100% moneyness option versus the date.
The Y axis is the implied volatlity from either the Black, BaroneAdesi or Bachelier model-it is the approximate 100% moneyness option of the the front or 1st deferred month.
The X axis is defined as the date.
There are a lot of listed skews, sometimes there is no trade or only one strike is active. You may see an empty plot because of this.