CHTR Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $144.35.

Put/Call (OI)

0.52

78k P / 150k C

Put/Call (Volume)

0.68

2k P / 3k C today

30d ATM IV

52%

annualized implied move

Call wall

$400

11k contracts

Put wall

$140

5k contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.52 puts per call outstanding.
●Call wall at $400 (11k contracts), 177% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $140 (5k contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 4.2× 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 2026-09-18. 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 today
2026-08-21	23k	14k	0.63	2k
2026-08-28	2k	2k	0.79	300
2026-09-04	1k	2k	1.59	65
2026-09-11	399	2k	4.13	17
2026-09-18	16k	10k	0.61	1k
2026-09-25	816	526	0.64	37
2026-10-02	12	15	1.25	8
2026-10-16	6k	11k	1.71	515
2026-11-20	4k	5k	1.24	70
2026-12-18	6k	5k	0.79	271
2027-01-15	33k	20k	0.61	136
2027-03-19	2k	2k	0.72	11
2027-06-17	198	292	1.47	31
2027-12-17	4k	3k	0.62	4
2028-01-21	51k	3k	0.05	367

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.