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11
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25
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9
16
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20
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18
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15
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17
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15
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Puts
Implied Volatility
Apr
4
11
17
25
May
2
9
16
Jun
20
Jul
18
Aug
15
Sep
19
Oct
17
Nov
21
Jan '26
16
Mar
20
Jun
18
Dec
18
Jan '27
15
ATM IV term structure
