EC Options Chain Analysis

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

Spot $16.52 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.61

6k P / 10k C

Put/Call (Volume)

0.19

6 P / 31 C that session

30d ATM IV

37%

annualized implied move

Call wall

$18

2k contracts

Put wall

$16

774 contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.61 puts per call outstanding.
●Call wall at $18 (2k contracts), 9% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $16 (774 contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 4.7× 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.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	3k	416	0.14	6
2026-11-20	4k	5k	1.33	5
2027-02-19	3k	325	0.12	23
2027-05-21	1	3	3.00	3
2028-01-21	13	0	0.00	0
2029-01-19	10	5	0.50	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.