GOOG Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $341.38.

Put/Call (OI)

0.77

792k P / 1.0M C

Put/Call (Volume)

0.42

46k P / 109k C today

30d ATM IV

27%

annualized implied move

Call wall

$400

76k contracts

Put wall

$330

53k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $400 (76k contracts), 17% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $330 (53k contracts), 3% 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.

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	139k	109k	0.78	61k
2026-08-28	39k	30k	0.77	20k
2026-09-04	13k	9k	0.75	8k
2026-09-11	7k	4k	0.60	3k
2026-09-18	181k	171k	0.94	15k
2026-09-25	4k	3k	0.83	3k
2026-10-02	169	210	1.24	1k
2026-10-16	90k	80k	0.89	11k
2026-11-20	25k	21k	0.86	4k
2026-12-18	118k	81k	0.69	8k
2027-01-15	171k	134k	0.78	6k
2027-02-19	8k	5k	0.66	4k
2027-03-19	42k	25k	0.61	4k
2027-06-17	61k	28k	0.46	4k
2027-09-17	11k	9k	0.83	501
2027-12-17	39k	36k	0.91	478
2028-01-21	48k	26k	0.55	1k
2028-12-15	36k	20k	0.56	716

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