AKAM Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $106.93 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.61

101k P / 166k C

Put/Call (Volume)

0.62

5k P / 8k C that session

30d ATM IV

53%

annualized implied move

Call wall

$120

21k contracts

Put wall

$90

17k contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.61 puts per call outstanding.
●Call wall at $120 (21k contracts), 12% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $90 (17k contracts), 16% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.6× deep-OTM put OI — speculative upside positioning dominates the tails.

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 2026-10-30. 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
2026-10-02	12k	7k	0.61	4k
2026-10-09	5k	2k	0.47	1k
2026-10-16	24k	8k	0.31	2k
2026-10-23	758	1k	1.96	130
2026-10-30	2k	2k	0.68	996
2026-11-06	390	652	1.67	257
2026-11-13	0	0	—	11
2026-11-20	10k	11k	1.09	2k
2026-12-18	12k	5k	0.42	352
2027-01-15	31k	24k	0.80	2k
2027-02-19	278	784	2.82	16
2027-03-19	2k	5k	2.18	138
2027-05-21	837	195	0.23	145
2027-06-17	2k	2k	0.93	28
2027-09-17	175	159	0.91	21
2027-12-17	6k	8k	1.20	7
2028-01-21	40k	15k	0.38	24
2028-12-15	16k	9k	0.54	15
2029-01-19	573	107	0.19	52

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.