INTC Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-19. Spot $95.72.

Put/Call (OI)

0.99

3.0M P / 3.0M C

Put/Call (Volume)

0.70

357k P / 511k C today

30d ATM IV

63%

annualized implied move

Call wall

$110

199k contracts

Put wall

$80

151k contracts

Tail hedging

1.6×

deep-OTM puts vs calls

What the positioning says

●Call wall at $110 (199k contracts), 15% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $80 (151k contracts), 16% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 63% — the market prices very large moves; option premium is expensive.

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 2026-09-18. 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 today
2026-08-19	49k	25k	0.51	185k
2026-08-21	464k	387k	0.83	171k
2026-08-24	8k	4k	0.54	15k
2026-08-26	5k	2k	0.47	7k
2026-08-28	68k	94k	1.39	81k
2026-08-31	2k	279	0.18	4k
2026-09-02	0	0	—	1k
2026-09-04	39k	40k	1.04	33k
2026-09-11	21k	15k	0.71	13k
2026-09-18	453k	495k	1.09	116k
2026-09-25	12k	6k	0.51	6k
2026-10-02	2k	955	0.57	21k
2026-10-16	174k	169k	0.97	46k
2026-11-20	263k	148k	0.56	43k
2026-12-18	399k	413k	1.04	21k
2027-01-15	465k	557k	1.20	46k
2027-02-19	12k	30k	2.43	15k
2027-03-19	134k	128k	0.95	12k
2027-06-17	57k	115k	2.01	16k
2027-12-17	143k	149k	1.04	3k
2028-01-21	168k	153k	0.91	6k
2028-12-15	67k	42k	0.63	6k

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.