FIX Options Chain Analysis

As of previous close (2026-10-06) · OPRA historical data

Spot $1,806 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.24

11k P / 9k C

Put/Call (Volume)

1.06

895 P / 848 C that session

30d ATM IV

64%

annualized implied move

Call wall

$2,200

355 contracts

Put wall

$1,540

713 contracts

Tail hedging

2.9×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.24 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $2,200 (355 contracts), 22% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $1,540 (713 contracts), 15% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 2.9× deep-OTM call OI — an institutional hedging ladder sits under this stock.
●30-day ATM implied volatility is 64% — the market prices very large moves; option premium is expensive.

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.

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	3k	5k	1.62	785
2026-11-20	705	524	0.74	377
2026-12-18	3k	5k	1.43	243
2027-01-15	2k	1k	0.55	53
2027-02-19	58	22	0.38	48
2027-04-16	116	80	0.69	56
2027-12-17	377	555	1.47	109
2028-01-21	51	35	0.69	53
2029-01-19	35	39	1.11	19

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.