EQNR Options Chain Analysis

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

Spot $42.17 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.82

44k P / 54k C

Put/Call (Volume)

1.50

569 P / 380 C that session

30d ATM IV

37%

annualized implied move

Call wall

$45

9k contracts

Put wall

$40

8k contracts

Tail hedging

1.2×

deep-OTM puts vs calls

What the positioning says

●Call wall at $45 (9k contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $40 (8k contracts), 5% 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	25k	23k	0.93	126
2026-11-20	427	2k	5.15	581
2027-01-15	22k	14k	0.63	47
2027-03-19	617	638	1.03	44
2027-04-16	292	356	1.22	103
2027-05-21	48	524	10.92	1
2027-08-20	99	612	6.18	0
2027-11-19	106	162	1.53	0
2028-01-21	6k	3k	0.49	43
2029-01-19	22	6	0.27	4

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.