APH Options Chain Analysis

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

Spot $85.68 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.43

188k P / 132k C

Put/Call (Volume)

0.24

2k P / 9k C that session

30d ATM IV

42%

annualized implied move

Call wall

$90

15k contracts

Put wall

$65

54k contracts

Tail hedging

4.4×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.43 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $90 (15k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $65 (54k contracts), 24% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 4.4× 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 2026-10-16. 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
2026-10-16	38k	75k	1.97	6k
2026-11-20	31k	70k	2.24	2k
2026-12-18	12k	7k	0.54	962
2027-01-15	25k	20k	0.78	658
2027-03-19	8k	6k	0.74	225
2027-04-16	337	505	1.50	2
2027-06-17	3k	5k	1.78	260
2027-09-17	2k	822	0.39	16
2028-01-21	11k	5k	0.42	149
2029-01-19	121	10	0.08	7

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.