MO Options Chain Analysis

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

Spot $67.38 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.67

115k P / 171k C

Put/Call (Volume)

0.90

6k P / 7k C that session

30d ATM IV

26%

annualized implied move

Call wall

$70

24k contracts

Put wall

$57.5

21k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.67 puts per call outstanding.
●Call wall at $70 (24k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $57.5 (21k contracts), 15% 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	3k	1k	0.54	4k
2026-10-16	24k	11k	0.44	2k
2026-10-23	3k	1k	0.43	969
2026-10-30	2k	1k	0.55	1k
2026-11-06	996	431	0.43	192
2026-11-13	8	26	3.25	67
2026-11-20	3k	2k	0.58	2k
2026-12-18	38k	20k	0.52	545
2027-01-15	47k	51k	1.09	474
2027-03-19	9k	9k	0.94	206
2027-06-17	5k	4k	0.82	184
2027-09-17	1k	440	0.38	4
2028-01-21	19k	9k	0.48	186
2029-01-19	943	524	0.56	30

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.