FOXA Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $69.19.

Put/Call (OI)

0.59

25k P / 42k C

Put/Call (Volume)

0.36

317 P / 872 C today

30d ATM IV

32%

annualized implied move

Call wall

$70

7k contracts

Put wall

$50

11k contracts

Tail hedging

32.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.59 puts per call outstanding.
●Call wall at $70 (7k contracts), 1% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $50 (11k contracts), 28% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 32.7× 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	9k	4k	0.43	317
2026-09-18	5k	6k	1.26	532
2026-10-16	7k	1k	0.20	34
2026-11-20	7k	86	0.01	5
2026-12-18	4k	4k	0.99	1
2027-01-15	8k	8k	0.93	276
2027-03-19	2k	2k	0.99	0
2027-06-17	22	78	3.55	23
2027-09-17	30	21	0.70	0
2027-12-17	102	10	0.10	1

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