EBAY Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $101.24.

Put/Call (OI)

0.91

46k P / 51k C

Put/Call (Volume)

0.69

1k P / 2k C today

30d ATM IV

34%

annualized implied move

Call wall

$115

15k contracts

Put wall

$100

7k contracts

Tail hedging

0.9×

deep-OTM puts vs calls

What the positioning says

●Call wall at $115 (15k contracts), 14% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $100 (7k contracts), 1% below spot — the hedge floor; often acts as support.

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	8k	2k	0.25	2k
2026-08-28	2k	501	0.27	332
2026-09-04	663	222	0.33	33
2026-09-11	460	217	0.47	126
2026-09-18	10k	13k	1.30	367
2026-09-25	317	69	0.22	12
2026-10-02	3	5	1.67	12
2026-10-16	3k	2k	0.92	81
2026-12-18	6k	10k	1.57	105
2027-01-15	15k	13k	0.90	108
2027-03-19	983	2k	1.78	36
2027-06-17	344	389	1.13	71
2028-01-21	4k	2k	0.55	55

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