FOX Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $61.44.

Put/Call (OI)

0.41

649 P / 2k C

Put/Call (Volume)

0.70

69 P / 98 C today

30d ATM IV

32%

annualized implied move

Call wall

$65

49 contracts

Put wall

$45

234 contracts

Tail hedging

63.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.41 puts per call outstanding.
●Call wall at $65 (49 contracts), 6% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $45 (234 contracts), 27% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 63.2× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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 2026-09-18. 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 today
2026-08-21	341	181	0.53	21
2026-09-18	15	12	0.80	59
2026-10-16	576	201	0.35	69
2027-01-15	669	255	0.38	18

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.