EXEL Options Chain Analysis

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

Spot $58.39 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.68

33k P / 20k C

Put/Call (Volume)

0.01

25 P / 2k C that session

30d ATM IV

36%

annualized implied move

Call wall

$65

5k contracts

Put wall

$50

15k contracts

Tail hedging

4.7×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.68 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $65 (5k contracts), 11% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $50 (15k contracts), 14% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 4.7× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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	4k	14k	3.35	277
2026-11-20	4k	2k	0.44	32
2026-12-18	2k	14k	6.67	1
2027-01-15	7k	2k	0.34	2k
2027-02-19	737	416	0.56	104
2027-05-21	15	5	0.33	0
2028-01-21	2k	263	0.14	0
2029-01-19	25	5	0.20	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.