FERG Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $222.62 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.67

3k P / 5k C

Put/Call (Volume)

0.66

27 P / 41 C that session

30d ATM IV

35%

annualized implied move

Call wall

$260

1k contracts

Put wall

$200

1k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.67 puts per call outstanding.
●Call wall at $260 (1k contracts), 17% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $200 (1k contracts), 10% 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.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	1k	291	0.23	24
2026-11-20	2k	2k	0.83	31
2026-12-18	846	978	1.16	12
2027-02-19	673	277	0.41	1
2027-05-21	7	16	2.29	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.