MCHP Options Chain Analysis

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

Spot $81.48 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.49

166k P / 336k C

Put/Call (Volume)

0.48

3k P / 6k C that session

30d ATM IV

44%

annualized implied move

Call wall

$100

9k contracts

Put wall

$72.5

36k contracts

Tail hedging

3.0×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.49 puts per call outstanding.
●Call wall at $100 (9k contracts), 23% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $72.5 (36k contracts), 11% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 3.0× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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	10k	1k	0.14	2k
2026-10-16	179k	25k	0.14	2k
2026-10-23	2k	899	0.56	224
2026-10-30	1k	1k	1.25	2k
2026-11-06	63	143	2.27	391
2026-11-13	0	2	—	34
2026-11-20	4k	5k	1.30	822
2026-12-18	75k	17k	0.23	588
2027-01-15	21k	28k	1.33	309
2027-03-19	4k	6k	1.69	102
2027-04-16	2k	351	0.20	8
2027-06-17	3k	4k	1.22	37
2027-09-17	4k	4k	0.93	9
2028-01-21	9k	67k	7.47	64
2028-12-15	2k	239	0.10	6
2029-01-19	3k	324	0.09	13

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.