GE Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $370.

Put/Call (OI)

0.88

88k P / 100k C

Put/Call (Volume)

0.95

19k P / 20k C today

30d ATM IV

28%

annualized implied move

Call wall

$410

12k contracts

Put wall

$320

6k contracts

Tail hedging

2.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $410 (12k contracts), 11% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $320 (6k contracts), 14% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 2.4× 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	14k	18k	1.23	4k
2026-08-28	2k	2k	1.13	821
2026-09-04	527	1k	2.36	206
2026-09-11	287	759	2.64	223
2026-09-18	36k	22k	0.60	2k
2026-09-25	116	203	1.75	252
2026-10-02	11	41	3.73	244
2026-10-16	4k	4k	0.91	434
2026-11-20	5k	6k	1.35	287
2026-12-18	6k	7k	1.29	30k
2027-01-15	19k	17k	0.90	418
2027-03-19	3k	5k	1.55	58
2027-06-17	2k	2k	0.89	143
2028-01-21	9k	4k	0.48	93

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