CP Options Chain Analysis

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

Spot $84.47 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.43

7k P / 16k C

Put/Call (Volume)

0.52

169 P / 327 C that session

30d ATM IV

22%

annualized implied move

Call wall

$95

5k contracts

Put wall

$80

905 contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.43 puts per call outstanding.
●Call wall at $95 (5k contracts), 12% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $80 (905 contracts), 5% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.7× deep-OTM put OI — speculative upside positioning dominates the tails.
●30-day ATM implied volatility is 22% — calm pricing; option premium is cheap.

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	2k	259	0.11	29
2026-11-20	3k	593	0.18	212
2026-12-18	3k	1k	0.45	28
2027-01-15	6k	3k	0.55	157
2027-03-19	828	742	0.90	63
2027-05-21	120	678	5.65	7
2027-12-17	565	171	0.30	0

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.