ASML Options Chain Analysis

As of previous close (2026-10-27) · OPRA historical data

Spot $1,635 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.09

95k P / 87k C

Put/Call (Volume)

1.37

7k P / 5k C that session

30d ATM IV

43%

annualized implied move

Call wall

$2,000

4k contracts

Put wall

$1,500

4k contracts

Tail hedging

1.1×

deep-OTM puts vs calls

What the positioning says

●Call wall at $2,000 (4k contracts), 22% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $1,500 (4k contracts), 8% 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 2026-11-27. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-30	7k	8k	1.21	4k
2026-11-06	4k	3k	0.84	1k
2026-11-13	1k	3k	2.56	467
2026-11-20	13k	13k	1.02	2k
2026-11-27	943	894	0.95	238
2026-12-04	151	72	0.48	121
2026-12-18	15k	16k	1.08	2k
2027-01-15	19k	16k	0.87	289
2027-02-19	2k	2k	1.33	48
2027-03-19	4k	6k	1.53	525
2027-04-16	2k	2k	1.05	127
2027-06-17	6k	7k	1.25	215
2027-09-17	642	1k	2.27	23
2027-12-17	3k	3k	1.10	102
2028-01-21	6k	8k	1.23	213
2028-06-16	1k	1k	1.00	16
2028-12-15	3k	2k	0.93	122
2029-01-19	831	468	0.56	30

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.