AZN Options Chain Analysis

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

Spot $170.97 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.32

23k P / 72k C

Put/Call (Volume)

1.43

4k P / 3k C that session

30d ATM IV

32%

annualized implied move

Call wall

$180

19k contracts

Put wall

$160

5k contracts

Tail hedging

0.3×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.32 puts per call outstanding.
●Call wall at $180 (19k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $160 (5k contracts), 6% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 4.0× deep-OTM put OI — speculative upside positioning dominates the tails.

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	9k	4k	0.47	3k
2026-12-18	4k	3k	0.89	3k
2027-01-15	49k	11k	0.22	229
2027-02-19	384	421	1.10	0
2027-03-19	330	197	0.60	35
2027-04-16	475	532	1.12	1
2027-05-21	95	6	0.06	0
2027-06-17	4k	1k	0.36	13
2027-12-17	129	124	0.96	41
2028-01-21	4k	1k	0.34	31
2028-06-16	5	23	4.60	0
2028-12-15	29	64	2.21	1
2029-01-19	247	52	0.21	74

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.