AMRZ Options Chain Analysis

As of previous close (2026-10-21) · OPRA historical data

Spot $38.83 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.89

28k P / 15k C

Put/Call (Volume)

5.16

557 P / 108 C that session

30d ATM IV

40%

annualized implied move

Call wall

$69.56

3k contracts

Put wall

$32.5

9k contracts

Tail hedging

1.1×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.89 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $69.56 (3k contracts), 79% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $32.5 (9k contracts), 16% 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 2026-11-20. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-11-20	1k	4k	2.59	28
2026-12-18	13	2	0.15	46
2027-01-15	8k	11k	1.39	25
2027-04-16	2k	2k	1.29	557
2027-06-17	191	9k	45.02	0
2028-01-21	4k	3k	0.77	9

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.