FTI Options Chain Analysis

As of previous close (2026-09-02) · OPRA historical data

Spot $79.24 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.25

6k P / 25k C

Put/Call (Volume)

0.12

29 P / 250 C that session

30d ATM IV

35%

annualized implied move

Call wall

$85

5k contracts

Put wall

$60

2k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.25 puts per call outstanding.
●Call wall at $85 (5k contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (2k contracts), 24% 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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-18	1k	142	0.10	37
2026-10-16	12k	3k	0.22	31
2027-01-15	12k	4k	0.30	209
2027-03-19	136	26	0.19	0
2027-04-16	0	0	—	0
2027-05-21	0	1	—	2
2027-08-20	5	0	0.00	0
2027-11-19	24	7	0.29	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.