AIZ Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-07. Spot $289.55.

Put/Call (OI)

0.19

186 P / 969 C

Put/Call (Volume)

0.50

4 P / 8 C today

30d ATM IV

20%

annualized implied move

Call wall

$290

231 contracts

Put wall

$210

50 contracts

Tail hedging

57.0×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.19 puts per call outstanding.
●Call wall at $290 (231 contracts), 0% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $210 (50 contracts), 27% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 57.0× deep-OTM call OI — an institutional hedging ladder sits under this stock.
●30-day ATM implied volatility is 20% — calm pricing; option premium is cheap.

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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume today
2026-08-21	209	41	0.20	5
2026-09-18	554	129	0.23	3
2026-11-20	47	1	0.02	0
2026-12-18	151	9	0.06	0
2027-03-19	8	6	0.75	4

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.