AVGO Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-17. Spot $392.38.

Put/Call (OI)

1.08

1.1M P / 1.0M C

Put/Call (Volume)

0.71

120k P / 168k C today

30d ATM IV

49%

annualized implied move

Call wall

$500

64k contracts

Put wall

$300

60k contracts

Tail hedging

1.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $500 (64k contracts), 27% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $300 (60k contracts), 24% 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 2026-09-18. 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
2026-08-19	7k	5k	0.79	25k
2026-08-21	153k	134k	0.88	48k
2026-08-24	3k	4k	1.50	4k
2026-08-26	1k	2k	2.38	1k
2026-08-28	27k	27k	0.99	14k
2026-08-31	0	0	—	2k
2026-09-04	21k	23k	1.11	14k
2026-09-11	15k	18k	1.16	7k
2026-09-18	149k	181k	1.22	20k
2026-09-25	3k	12k	4.25	2k
2026-10-02	668	5k	6.84	1k
2026-10-16	94k	69k	0.74	5k
2026-11-20	35k	55k	1.57	4k
2026-12-18	88k	104k	1.18	6k
2027-01-15	146k	148k	1.02	6k
2027-02-19	4k	10k	2.30	2k
2027-03-19	39k	55k	1.43	2k
2027-06-17	55k	68k	1.24	2k
2027-09-17	15k	15k	1.02	1k
2027-12-17	54k	37k	0.69	186
2028-01-21	54k	68k	1.26	1k
2028-06-16	6k	6k	1.16	354
2028-12-15	29k	40k	1.39	710

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