MAIR Options Chain Analysis

As of previous close (2026-08-27) · OPRA historical data

Spot $27.99 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.84

956 P / 1k C

Put/Call (Volume)

1.58

251 P / 159 C that session

30d ATM IV

47%

annualized implied move

Call wall

$50

266 contracts

Put wall

$25

234 contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $50 (266 contracts), 79% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $25 (234 contracts), 11% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.4× 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	389	391	1.01	255
2026-10-16	3	7	2.33	15
2026-12-18	611	266	0.44	2
2027-03-19	140	292	2.09	138

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.