HEI Options Chain Analysis

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

Spot $306.39 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.72

1k P / 2k C

Put/Call (Volume)

0.08

3 P / 36 C that session

30d ATM IV

29%

annualized implied move

Call wall

$340

385 contracts

Put wall

$300

301 contracts

Tail hedging

0.3×

deep-OTM puts vs calls

What the positioning says

●Call wall at $340 (385 contracts), 11% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $300 (301 contracts), 2% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.9× 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 2026-10-16. 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
2026-10-16	599	296	0.49	19
2026-11-20	523	419	0.80	3
2027-01-15	474	347	0.73	15
2027-02-19	308	305	0.99	2
2027-05-21	27	14	0.52	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.