IVZ Options Chain Analysis

As of previous close (2026-10-09) · OPRA historical data

Spot $29.51 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.29

6k P / 21k C

Put/Call (Volume)

0.08

18 P / 234 C that session

30d ATM IV

35%

annualized implied move

Call wall

$30

2k contracts

Put wall

$28

799 contracts

Tail hedging

0.3×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.29 puts per call outstanding.
●Call wall at $30 (2k contracts), 2% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $28 (799 contracts), 5% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 3.4× 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 2026-11-20. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-11-20	593	392	0.66	55
2027-01-15	14k	4k	0.25	148
2027-04-16	306	35	0.11	0
2028-01-21	1k	299	0.28	2
2029-01-19	306	57	0.19	4

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.