BMY Options Chain Analysis

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

Spot $61.75 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.07

357k P / 335k C

Put/Call (Volume)

0.99

21k P / 21k C that session

30d ATM IV

33%

annualized implied move

Call wall

$65

65k contracts

Put wall

$60

53k contracts

Tail hedging

1.6×

deep-OTM puts vs calls

What the positioning says

●Call wall at $65 (65k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (53k contracts), 3% 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 2026-10-30. 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	11k	8k	0.75	3k
2026-10-09	3k	1k	0.43	8k
2026-10-16	26k	21k	0.81	13k
2026-10-23	2k	1k	0.52	927
2026-10-30	9k	686	0.08	1k
2026-11-06	952	239	0.25	187
2026-11-13	0	0	—	240
2026-11-20	29k	12k	0.41	4k
2026-12-18	95k	117k	1.23	5k
2027-01-15	79k	90k	1.14	3k
2027-03-19	32k	31k	0.96	247
2027-06-17	27k	37k	1.36	139
2027-09-17	2k	4k	2.04	6
2027-12-17	6k	10k	1.69	347
2028-01-21	7k	14k	2.12	2k
2028-12-15	7k	9k	1.32	254
2029-01-19	237	921	3.89	73

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.