CHKP Options Chain Analysis

As of previous close (2026-09-10) · OPRA historical data

Spot $134.02 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.51

23k P / 45k C

Put/Call (Volume)

2.98

399 P / 134 C that session

30d ATM IV

34%

annualized implied move

Call wall

$140

16k contracts

Put wall

$130

8k contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.51 puts per call outstanding.
●Call wall at $140 (16k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $130 (8k contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.3× 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	7k	4k	0.61	185
2026-10-16	7k	2k	0.33	28
2026-12-18	25k	10k	0.41	295
2027-01-15	6k	6k	1.07	5
2027-04-16	34	125	3.68	0
2027-06-17	187	21	0.11	0
2028-01-21	771	30	0.04	20

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.