AS Options Chain Analysis

As of previous close (2026-11-05) · OPRA historical data

Spot $31.3 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.39

44k P / 113k C

Put/Call (Volume)

0.09

72 P / 761 C that session

30d ATM IV

59%

annualized implied move

Call wall

$32.5

22k contracts

Put wall

$30

17k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.39 puts per call outstanding.
●Call wall at $32.5 (22k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $30 (17k contracts), 4% 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 2026-12-04. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-11-06	14k	745	0.05	49
2026-11-13	6k	342	0.05	31
2026-11-20	15k	10k	0.68	303
2026-11-27	2k	19	0.01	1
2026-12-04	112	32	0.29	0
2026-12-11	54	0	0.00	110
2026-12-18	60k	10k	0.16	152
2026-12-24	0	0	—	0
2027-01-15	11k	10k	0.93	45
2027-03-19	2k	12k	6.49	118
2027-06-17	74	63	0.85	2
2028-01-21	2k	2k	0.63	18
2029-01-19	463	41	0.09	4

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.