Option Implied Skews Comparison
COMEX SO May 22, 2024
At the money vols and strikes (approx):
- SO K[28] 2024 Vol= 0.3753 Strike= 31.5
- SO M[25] 2024 Vol= 0.3521 Strike= 31.5
- SO N[25] 2024 Vol= 0.3375 Strike= 31.75
- SO Q[27] 2024 Vol= 0.3247 Strike= 31.75
- SO U[25] 2024 Vol= 0.3179 Strike= 32.25
- Please visit https://www.commodityvol.com to view our offerings
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.