HUBB Options Chain Analysis

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

Spot $475.52 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

2.16

9k P / 4k C

Put/Call (Volume)

0.58

110 P / 190 C that session

30d ATM IV

31%

annualized implied move

Call wall

$500

1k contracts

Put wall

$400

5k contracts

Tail hedging

3.8×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 2.16 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $500 (1k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $400 (5k contracts), 16% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 3.8× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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	2k	3k	1.95	182
2026-11-20	905	2k	2.75	113
2026-12-18	605	692	1.14	1
2027-03-19	616	2k	3.75	3
2027-06-17	317	298	0.94	1
2027-09-17	84	21	0.25	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.