ABBV Options Chain Analysis

As of previous close (2026-10-16) · OPRA historical data

Spot $285.01 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.91

135k P / 148k C

Put/Call (Volume)

0.77

4k P / 6k C that session

30d ATM IV

31%

annualized implied move

Call wall

$300

26k contracts

Put wall

$230

18k contracts

Tail hedging

9.6×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (26k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $230 (18k contracts), 19% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 9.6× deep-OTM call OI — an institutional hedging ladder sits under this stock.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-11-13. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-23	4k	3k	0.80	1k
2026-10-30	3k	2k	0.63	1k
2026-11-06	2k	573	0.32	185
2026-11-13	2k	488	0.21	118
2026-11-20	23k	14k	0.62	1k
2026-11-27	1k	97	0.09	38
2026-12-18	30k	20k	0.64	702
2027-01-15	34k	28k	0.82	1k
2027-02-19	5k	7k	1.45	224
2027-03-19	9k	13k	1.44	435
2027-05-21	2k	526	0.33	182
2027-06-17	10k	13k	1.23	440
2027-09-17	4k	5k	1.15	203
2028-01-21	10k	10k	0.99	744
2029-01-19	1k	322	0.26	54

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.