BDC Options Chain Analysis

As of previous close (2026-10-02) · OPRA historical data

Spot $112.46 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.56

838 P / 2k C

Put/Call (Volume)

0.17

12 P / 71 C that session

30d ATM IV

43%

annualized implied move

Call wall

$120

316 contracts

Put wall

$100

257 contracts

Tail hedging

0.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.56 puts per call outstanding.
●Call wall at $120 (316 contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $100 (257 contracts), 11% 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	198	289	1.46	26
2026-11-20	34	24	0.71	45
2026-12-18	1k	369	0.33	5
2027-03-19	166	156	0.94	7

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.