MEDP Options Chain Analysis

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

Spot $599.47 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

2.59

3k P / 1k C

Put/Call (Volume)

4.70

207 P / 44 C that session

30d ATM IV

32%

annualized implied move

Call wall

$700

363 contracts

Put wall

$570

942 contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 2.59 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $700 (363 contracts), 17% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $570 (942 contracts), 5% 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 2026-10-16. 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	161	667	4.14	228
2026-11-20	372	43	0.12	0
2026-12-18	286	2k	7.45	0
2027-01-15	139	76	0.55	12
2027-03-19	65	49	0.75	0
2027-05-21	68	62	0.91	0
2027-08-20	14	56	4.00	1
2027-12-17	120	89	0.74	10

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.