NEE Options Chain Analysis

As of previous close (2026-10-08) · OPRA historical data

Spot $77.41 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.84

221k P / 264k C

Put/Call (Volume)

0.51

4k P / 7k C that session

30d ATM IV

24%

annualized implied move

Call wall

$85

24k contracts

Put wall

$75

53k contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $85 (24k contracts), 10% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $75 (53k contracts), 3% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.3× deep-OTM put OI — speculative upside positioning dominates the tails.
●30-day ATM implied volatility is 24% — calm pricing; option premium is cheap.

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 2026-11-06. 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	11k	6k	0.51	1k
2026-10-16	24k	25k	1.05	3k
2026-10-23	7k	2k	0.26	873
2026-10-30	2k	1k	0.48	140
2026-11-06	2k	484	0.31	82
2026-11-13	160	47	0.29	19
2026-11-20	20k	34k	1.73	1k
2026-11-27	0	0	—	15
2026-12-18	35k	25k	0.71	573
2027-01-15	97k	57k	0.59	558
2027-02-19	14k	13k	0.95	103
2027-03-19	10k	17k	1.76	632
2027-06-17	11k	14k	1.23	412
2027-09-17	4k	8k	2.15	1k
2028-01-21	25k	19k	0.75	313
2029-01-19	3k	421	0.17	22

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.