BA Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $192.3 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.79

387k P / 490k C

Put/Call (Volume)

0.38

46k P / 123k C that session

30d ATM IV

40%

annualized implied move

Call wall

$200

32k contracts

Put wall

$180

29k contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $200 (32k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $180 (29k contracts), 6% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.6× 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 2026-10-30. 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 that session
2026-10-02	46k	27k	0.59	77k
2026-10-09	15k	8k	0.56	20k
2026-10-16	57k	29k	0.52	23k
2026-10-23	8k	9k	1.15	3k
2026-10-30	8k	5k	0.60	5k
2026-11-06	1k	890	0.61	1k
2026-11-13	0	0	—	1k
2026-11-20	77k	59k	0.77	16k
2026-12-18	86k	56k	0.65	6k
2027-01-15	86k	89k	1.03	3k
2027-02-19	9k	10k	1.12	577
2027-03-19	13k	21k	1.56	2k
2027-05-21	697	1k	1.99	70
2027-06-17	25k	26k	1.02	8k
2027-09-17	4k	6k	1.62	421
2028-01-21	37k	23k	0.62	1k
2028-06-16	4k	3k	0.89	234
2028-12-15	9k	11k	1.21	132
2029-01-19	3k	2k	0.83	390

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.