JPM Options Chain Analysis

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

Spot $332.44 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.01

329k P / 327k C

Put/Call (Volume)

0.53

20k P / 38k C that session

30d ATM IV

26%

annualized implied move

Call wall

$360

30k contracts

Put wall

$330

26k contracts

Tail hedging

1.2×

deep-OTM puts vs calls

What the positioning says

●Call wall at $360 (30k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $330 (26k contracts), 1% below spot — the hedge floor; often acts as support.

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 2026-10-30. 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
2026-10-09	17k	9k	0.56	19k
2026-10-16	62k	36k	0.59	10k
2026-10-23	5k	3k	0.59	1k
2026-10-30	3k	4k	1.57	759
2026-11-06	2k	512	0.30	889
2026-11-13	80	61	0.76	122
2026-11-20	31k	32k	1.04	3k
2026-12-18	42k	39k	0.94	3k
2027-01-15	61k	77k	1.26	2k
2027-03-19	17k	30k	1.73	1k
2027-06-17	29k	34k	1.19	535
2027-09-17	2k	3k	1.20	311
2027-12-17	10k	13k	1.31	693
2028-01-21	17k	22k	1.28	360
2028-12-15	10k	9k	0.86	154
2029-01-19	863	2k	1.77	113

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.