Option Market Analytics

Option Implied Skews Comparison

ENXT_COM OBM Apr 25, 2024

At the money vols and strikes (approx):

  • OBM Q[15] 2024 Vol= 0.2662 Strike= 232
  • OBM X[15] 2024 Vol= 0.2512 Strike= 238
  • OBM G[17] 2025 Vol= 0.1928 Strike= 240
  • OBM J[15] 2025 Vol= 0.1921 Strike= 240
  • OBM Q[15] 2025 Vol= 0.1779 Strike= 235
  • OBM X[17] 2025 Vol= 0.1476 Strike= 240
  • OBM G[16] 2026 Vol= 0.1419 Strike= 240
  • OBM J[15] 2026 Vol= 0.1445 Strike= 250
  • OBM Q[17] 2026 Vol= 0.1421 Strike= 230
  • OBM X[16] 2026 Vol= 0.1466 Strike= 250
  • OBM G[15] 2027 Vol= 0.1476 Strike= 250
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The information above is the product code, expiration month codethe exact last day of trading is in the brackets finally we have the expiry year. This is generally not the standard form for symbology. However, with some contracts we may have two or more expiries with the same contract month. The contracts may even share expiry year, so in order to disambiguate the contracts we show extra detail.

The vol is next, and finally the actual strike.