AZN Options Chain Analysis

As of previous close (2026-09-11) · OPRA historical data

Spot $160.11 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.51

29k P / 56k C

Put/Call (Volume)

0.13

584 P / 4k C that session

30d ATM IV

31%

annualized implied move

Call wall

$170

24k contracts

Put wall

$160

9k contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.51 puts per call outstanding.
●Call wall at $170 (24k contracts), 6% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $160 (9k contracts), 0% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 4.1× 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-18	12k	8k	0.67	1k
2026-10-16	28k	9k	0.31	2k
2027-01-15	10k	9k	0.89	1k
2027-04-16	211	219	1.04	25
2027-06-17	3k	1k	0.40	8
2028-01-21	3k	1k	0.45	657

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.