NU Options Chain Analysis

As of previous close (2026-09-02) · OPRA historical data

Spot $15.3 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.68

705k P / 1.0M C

Put/Call (Volume)

0.35

27k P / 78k C that session

30d ATM IV

42%

annualized implied move

Call wall

$17

144k contracts

Put wall

$12

172k contracts

Tail hedging

0.9×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.68 puts per call outstanding.
●Call wall at $17 (144k contracts), 11% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $12 (172k contracts), 22% 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 2026-10-02. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-04	20k	8k	0.43	20k
2026-09-11	6k	3k	0.55	4k
2026-09-18	215k	133k	0.62	21k
2026-09-25	5k	3k	0.67	3k
2026-10-02	2k	1k	0.60	8k
2026-10-09	266	260	0.98	3k
2026-10-16	131k	113k	0.87	11k
2026-11-20	65k	32k	0.49	12k
2026-12-18	70k	28k	0.41	2k
2027-01-15	302k	191k	0.63	7k
2027-03-19	39k	58k	1.48	841
2027-04-16	2k	622	0.30	7k
2027-06-17	13k	21k	1.63	3k
2027-09-17	13k	13k	0.96	4k
2027-12-17	26k	12k	0.44	289
2028-01-21	123k	88k	0.72	1k

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.