FE Options Chain Analysis

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

Spot $43.34 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.65

20k P / 31k C

Put/Call (Volume)

0.03

140 P / 4k C that session

30d ATM IV

37%

annualized implied move

Call wall

$47

9k contracts

Put wall

$33

4k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.65 puts per call outstanding.
●Call wall at $47 (9k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $33 (4k contracts), 24% 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	2k	845	0.45	49
2026-11-20	6k	206	0.04	4k
2026-12-18	3k	6k	1.68	14
2027-01-15	10k	9k	0.87	147
2027-03-19	352	511	1.45	46
2027-04-16	305	43	0.14	32
2027-06-17	604	2k	3.80	0
2027-09-17	43	1	0.02	0
2028-01-21	9k	2k	0.26	7

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.