LEN Options Chain Analysis

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

Spot $80 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.97

50k P / 51k C

Put/Call (Volume)

1.29

23k P / 18k C that session

30d ATM IV

40%

annualized implied move

Call wall

$100

5k contracts

Put wall

$80

9k contracts

Tail hedging

0.6×

deep-OTM puts vs calls

What the positioning says

●Call wall at $100 (5k contracts), 25% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $80 (9k contracts), 0% 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	2k	3k	1.52	4k
2026-10-16	5k	7k	1.32	19k
2026-10-23	600	846	1.41	195
2026-10-30	1k	875	0.65	185
2026-11-06	598	764	1.28	100
2026-11-13	6	9	1.50	46
2026-11-20	4k	9k	2.31	587
2026-12-18	6k	6k	1.06	450
2027-01-15	13k	11k	0.85	419
2027-02-19	1k	2k	1.46	78
2027-03-19	1k	1k	0.96	75
2027-05-21	279	135	0.48	6
2027-06-17	1k	931	0.74	205
2027-09-17	206	316	1.53	52
2028-01-21	5k	3k	0.51	120
2029-01-19	474	403	0.85	249

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.