AMP Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $561.63.

Put/Call (OI)

0.39

2k P / 4k C

Put/Call (Volume)

0.29

28 P / 97 C today

30d ATM IV

26%

annualized implied move

Call wall

$570

227 contracts

Put wall

$520

313 contracts

Tail hedging

4.0×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.39 puts per call outstanding.
●Call wall at $570 (227 contracts), 1% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $520 (313 contracts), 7% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 4.0× 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 2026-09-18. 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 today
2026-08-21	556	577	1.04	6
2026-09-18	647	342	0.53	22
2026-11-20	3k	559	0.20	25
2026-12-18	206	203	0.99	52
2027-03-19	117	19	0.16	20

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