E Options Chain Analysis

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

Spot $54.39 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

3.41

8k P / 2k C

Put/Call (Volume)

0.00

0 P / 68 C that session

30d ATM IV

27%

annualized implied move

Call wall

$62.5

452 contracts

Put wall

$40

3k contracts

Tail hedging

7.4×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 3.41 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $62.5 (452 contracts), 15% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $40 (3k contracts), 26% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 7.4× 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	334	71	0.21	0
2026-11-20	51	34	0.67	0
2026-12-18	147	2k	11.93	0
2027-01-15	293	5k	17.76	2
2027-02-19	718	129	0.18	0
2027-04-16	495	319	0.64	0
2027-05-21	1	0	0.00	0
2027-07-16	163	40	0.25	0
2027-09-17	13	6	0.46	66

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.