DRI Options Chain Analysis

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

Spot $200.33 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.88

9k P / 11k C

Put/Call (Volume)

0.19

60 P / 309 C that session

30d ATM IV

27%

annualized implied move

Call wall

$230

2k contracts

Put wall

$195

1k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $230 (2k contracts), 15% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $195 (1k contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.1× 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.

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 that session
2026-10-16	6k	3k	0.59	65
2026-11-20	184	374	2.03	275
2026-12-18	943	2k	1.97	12
2027-01-15	2k	2k	0.66	6
2027-03-19	422	1k	2.56	5
2027-04-16	84	17	0.20	4
2027-06-17	111	402	3.62	2
2027-09-17	580	21	0.04	0
2028-01-21	371	753	2.03	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.