EW Options Chain Analysis

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

Spot $85.15 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.04

24k P / 23k C

Put/Call (Volume)

0.61

38 P / 62 C that session

30d ATM IV

29%

annualized implied move

Call wall

$90

4k contracts

Put wall

$60

8k contracts

Tail hedging

1.2×

deep-OTM puts vs calls

What the positioning says

●Call wall at $90 (4k contracts), 6% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (8k contracts), 30% 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.

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
2026-10-16	3k	2k	0.57	16
2026-11-20	11k	4k	0.42	63
2026-12-18	3k	2k	0.75	5
2027-01-15	5k	14k	2.90	2
2027-02-19	673	439	0.65	1
2027-03-19	621	362	0.58	1
2027-05-21	45	7	0.16	4
2027-06-17	183	450	2.46	0
2027-09-17	58	19	0.33	0
2028-01-21	899	905	1.01	8
2029-01-19	6	0	0.00	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.