CEPU Options Chain Analysis

As of previous close (2026-08-28) · OPRA historical data

Spot $13.23 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

8.08

4k P / 516 C

Put/Call (Volume)

1.00

1 P / 1 C that session

30d ATM IV

79%

annualized implied move

Call wall

$15

237 contracts

Put wall

$12.5

4k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 8.08 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $15 (237 contracts), 13% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $12.5 (4k contracts), 6% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 79% — the market prices very large moves; option premium is expensive.

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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-18	9	102	11.33	0
2026-10-16	445	4k	9.10	0
2027-01-15	60	15	0.25	0
2027-04-16	2	3	1.50	2

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.