HAL Options Chain Analysis

As of previous close (2026-10-02) · OPRA historical data

Spot $31.95 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.60

167k P / 278k C

Put/Call (Volume)

0.23

2k P / 7k C that session

30d ATM IV

39%

annualized implied move

Call wall

$37

59k contracts

Put wall

$25

22k contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.60 puts per call outstanding.
●Call wall at $37 (59k contracts), 16% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $25 (22k contracts), 22% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.2× deep-OTM put OI — speculative upside positioning dominates the tails.

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 2026-10-30. 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 that session
2026-10-09	4k	2k	0.55	566
2026-10-16	52k	16k	0.31	2k
2026-10-23	945	587	0.62	342
2026-10-30	1k	425	0.34	134
2026-11-06	124	101	0.81	62
2026-11-13	2	0	0.00	9
2026-11-20	26k	4k	0.17	1k
2026-12-18	40k	18k	0.45	2k
2027-01-15	114k	79k	0.69	690
2027-03-19	6k	7k	1.24	62
2027-04-16	420	404	0.96	5
2027-06-17	2k	10k	5.41	6
2027-09-17	2k	3k	1.95	190
2028-01-21	21k	23k	1.06	449
2029-01-19	248	29	0.12	9

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.