HD Options Chain Analysis

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

Spot $283.64 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.68

113k P / 166k C

Put/Call (Volume)

0.56

10k P / 18k C that session

30d ATM IV

27%

annualized implied move

Call wall

$350

12k contracts

Put wall

$280

8k contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.68 puts per call outstanding.
●Call wall at $350 (12k contracts), 23% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $280 (8k contracts), 1% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 6.0× 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	9k	4k	0.46	4k
2026-10-16	24k	12k	0.50	4k
2026-10-23	2k	3k	1.17	1k
2026-10-30	2k	2k	1.09	571
2026-11-06	814	1k	1.31	780
2026-11-13	74	163	2.20	125
2026-11-20	15k	15k	0.95	2k
2026-12-18	18k	14k	0.77	1k
2027-01-15	28k	19k	0.67	3k
2027-02-19	2k	3k	1.85	76
2027-03-19	5k	6k	1.07	1k
2027-05-21	462	445	0.96	49
2027-06-17	16k	10k	0.66	1k
2027-09-17	908	2k	1.66	110
2027-12-17	4k	4k	0.98	69
2028-01-21	17k	11k	0.62	1k
2028-03-17	572	242	0.42	11
2028-12-15	3k	2k	0.73	145
2029-01-19	616	680	1.10	384

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.