EQT Options Chain Analysis

As of previous close (2026-10-06) · OPRA historical data

Spot $52.48 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.21

200k P / 165k C

Put/Call (Volume)

1.07

5k P / 5k C that session

30d ATM IV

29%

annualized implied move

Call wall

$55

17k contracts

Put wall

$50

56k contracts

Tail hedging

0.6×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.21 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $55 (17k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $50 (56k 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 2026-11-06. 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
2026-10-09	8k	24k	3.16	932
2026-10-16	16k	30k	1.82	3k
2026-10-23	2k	38k	19.79	280
2026-10-30	2k	16k	9.78	2k
2026-11-06	2k	139	0.09	103
2026-11-13	44	62	1.41	50
2026-11-20	4k	20k	5.61	835
2026-12-18	25k	16k	0.63	855
2027-01-15	54k	27k	0.49	857
2027-03-19	6k	9k	1.48	222
2027-06-17	12k	7k	0.56	4
2027-09-17	2k	2k	0.76	18
2028-01-21	33k	12k	0.36	1k
2029-01-19	1k	1k	0.93	6

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.