ALB Options Chain Analysis

As of previous close (2026-09-11) · OPRA historical data

Spot $118.08 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.09

106k P / 97k C

Put/Call (Volume)

5.57

2k P / 307 C that session

30d ATM IV

54%

annualized implied move

Call wall

$300

13k contracts

Put wall

$110

11k contracts

Tail hedging

0.6×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (13k contracts), 154% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $110 (11k contracts), 7% below spot — the hedge floor; often acts as support.

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 2026-10-09. 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
2026-10-09	115	160	1.39	5
2026-10-16	4k	3k	0.63	88
2026-10-23	86	156	1.81	5
2026-10-30	1	1	1.00	13
2026-11-20	2k	3k	1.59	183
2026-12-18	5k	11k	2.19	139
2027-01-15	25k	38k	1.49	27
2027-02-19	6k	2k	0.35	22
2027-03-19	2k	6k	2.49	16
2027-05-21	2k	2k	0.96	104
2027-08-20	751	2k	2.21	4
2027-11-19	504	508	1.01	1
2027-12-17	3k	3k	0.93	11
2028-01-21	5k	5k	1.01	9
2028-02-18	404	918	2.27	0

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.