NOW Options Chain Analysis

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

Spot $134.2 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.88

544k P / 621k C

Put/Call (Volume)

0.55

26k P / 47k C that session

30d ATM IV

58%

annualized implied move

Call wall

$150

61k contracts

Put wall

$85

33k contracts

Tail hedging

1.1×

deep-OTM puts vs calls

What the positioning says

●Call wall at $150 (61k contracts), 12% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $85 (33k contracts), 37% 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	16k	12k	0.74	18k
2026-10-16	77k	62k	0.81	12k
2026-10-23	10k	15k	1.51	4k
2026-10-30	6k	8k	1.34	3k
2026-11-06	1k	1k	0.84	728
2026-11-13	23	44	1.91	833
2026-11-20	49k	50k	1.02	3k
2026-12-18	81k	60k	0.73	1k
2027-01-15	140k	123k	0.88	1k
2027-02-19	7k	8k	1.01	145
2027-03-19	29k	36k	1.25	971
2027-05-21	355	482	1.36	52
2027-06-17	70k	61k	0.88	351
2027-09-17	11k	9k	0.80	51
2028-01-21	88k	68k	0.78	970
2028-12-15	2k	6k	2.77	118
2029-01-19	347	842	2.43	78

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.