HTHT Options Chain Analysis

As of previous close (2026-09-04) · OPRA historical data

Spot $46.34 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.51

1k P / 3k C

Put/Call (Volume)

0.00

2 P / 486 C that session

30d ATM IV

24%

annualized implied move

Call wall

$60

626 contracts

Put wall

$45

283 contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.51 puts per call outstanding.
●Call wall at $60 (626 contracts), 29% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $45 (283 contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 5.7× deep-OTM put OI — speculative upside positioning dominates the tails.
●30-day ATM implied volatility is 24% — calm pricing; option premium is cheap.

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.

Open interest by expiry

Expiry	Call OI	Put OI	P/C
2026-10-16	0	1	—
2026-12-18	2k	1k	0.53
2027-01-15	29	64	2.21
2027-03-19	11	16	1.45

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.