LNG Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $269.03 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.46

27k P / 59k C

Put/Call (Volume)

0.19

715 P / 4k C that session

30d ATM IV

37%

annualized implied move

Call wall

$280

7k contracts

Put wall

$260

3k contracts

Tail hedging

0.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.46 puts per call outstanding.
●Call wall at $280 (7k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $260 (3k contracts), 3% 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
2026-10-02	5k	936	0.18	1k
2026-10-09	3k	651	0.21	2k
2026-10-16	11k	3k	0.30	594
2026-10-23	372	174	0.47	114
2026-10-30	356	93	0.26	138
2026-11-06	26	18	0.69	1
2026-11-13	0	0	—	0
2026-11-20	4k	3k	0.65	96
2026-12-18	4k	1k	0.38	27
2027-01-15	21k	12k	0.57	29
2027-03-19	2k	748	0.41	16
2027-06-17	4k	3k	0.74	174
2028-01-21	4k	2k	0.58	9
2029-01-19	75	13	0.17	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.