FAS Options Chain Analysis

As of previous close (2026-10-22) · OPRA historical data

Spot $160.9 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.37

13k P / 36k C

Put/Call (Volume)

0.46

345 P / 746 C that session

30d ATM IV

46%

annualized implied move

Call wall

$167.91

2k contracts

Put wall

$80

651 contracts

Tail hedging

0.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.37 puts per call outstanding.
●Call wall at $167.91 (2k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $80 (651 contracts), 50% 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 2026-11-20. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-23	3k	1k	0.49	403
2026-10-30	2k	982	0.57	143
2026-11-06	797	514	0.64	57
2026-11-13	465	252	0.54	32
2026-11-20	3k	907	0.36	135
2026-11-27	159	383	2.41	44
2026-12-18	4k	2k	0.64	105
2027-01-15	17k	4k	0.22	89
2027-03-19	1k	324	0.27	18
2027-04-16	113	339	3.00	0
2027-06-17	822	205	0.25	30
2028-01-21	4k	2k	0.43	11
2028-06-16	184	79	0.43	0
2028-12-15	1k	395	0.32	18
2029-01-19	321	44	0.14	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.