L Options Chain Analysis

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

Spot $106.03 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.79

673 P / 847 C

Put/Call (Volume)

4.50

9 P / 2 C that session

30d ATM IV

15%

annualized implied move

Call wall

$110

420 contracts

Put wall

$105

214 contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $110 (420 contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $105 (214 contracts), 1% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 15% — calm pricing; option premium is cheap.

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	409	31	0.08	1
2026-11-20	18	13	0.72	0
2026-12-18	212	296	1.40	4
2027-03-19	208	333	1.60	6

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.