FISV Options Chain Analysis

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

Spot $44.36 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.55

96k P / 175k C

Put/Call (Volume)

0.50

5k P / 10k C that session

30d ATM IV

41%

annualized implied move

Call wall

$55

16k contracts

Put wall

$40

23k contracts

Tail hedging

0.0×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.55 puts per call outstanding.
●Call wall at $55 (16k contracts), 24% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $40 (23k contracts), 10% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 20.3× deep-OTM put OI — speculative upside positioning dominates the tails.

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 2026-10-30. 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
2026-10-09	3k	4k	1.67	2k
2026-10-16	11k	3k	0.29	1k
2026-10-23	720	1k	1.88	843
2026-10-30	3k	11k	4.48	292
2026-11-06	118	168	1.42	139
2026-11-13	1	6	6.00	18
2026-11-20	2k	2k	1.02	285
2026-12-18	20k	18k	0.88	729
2027-01-15	49k	18k	0.37	3k
2027-03-19	8k	8k	1.03	741
2027-06-17	3k	5k	1.97	448
2027-09-17	10	394	39.40	19
2028-01-21	69k	21k	0.30	1k
2029-01-19	2k	156	0.08	127

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.