MTRN Options Chain Analysis

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

Spot $285.14 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.66

346 P / 525 C

Put/Call (Volume)

0.07

2 P / 27 C that session

30d ATM IV

56%

annualized implied move

Call wall

$310

67 contracts

Put wall

$220

80 contracts

Tail hedging

2.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.66 puts per call outstanding.
●Call wall at $310 (67 contracts), 9% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $220 (80 contracts), 23% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 2.7× 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	51	38	0.75	15
2026-11-20	10	48	4.80	5
2026-12-18	377	203	0.54	9
2027-03-19	87	57	0.66	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.