JBS Options Chain Analysis

As of previous close (2026-09-02) · OPRA historical data

Spot $13.7 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.11

19k P / 168k C

Put/Call (Volume)

0.20

1 P / 5 C that session

30d ATM IV

42%

annualized implied move

Call wall

$20

101k contracts

Put wall

$12.5

13k contracts

Tail hedging

0.0×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.11 puts per call outstanding.
●Call wall at $20 (101k contracts), 46% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $12.5 (13k contracts), 9% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 59.7× 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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-18	75k	4k	0.06	5
2026-10-16	6k	801	0.14	1
2027-01-15	76k	10k	0.13	0
2027-04-16	2	356	178.00	0
2028-01-21	11k	4k	0.31	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.