DINO Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $95.05.

Put/Call (OI)

0.30

24k P / 80k C

Put/Call (Volume)

0.17

1k P / 6k C today

30d ATM IV

45%

annualized implied move

Call wall

$100

7k contracts

Put wall

$60

4k contracts

Tail hedging

2.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.30 puts per call outstanding.
●Call wall at $100 (7k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (4k contracts), 37% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 2.7× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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 today
2026-08-21	27k	4k	0.14	3k
2026-09-18	33k	10k	0.32	3k
2026-12-18	4k	2k	0.51	366
2027-01-15	11k	6k	0.55	161
2027-03-19	372	245	0.66	7
2027-05-21	47	15	0.32	117
2027-08-20	69	16	0.23	0
2027-11-19	134	15	0.11	3
2028-01-21	5k	2k	0.38	60

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