OKTA Options Chain Analysis

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

Spot $212 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.09

101k P / 93k C

Put/Call (Volume)

0.82

5k P / 6k C that session

30d ATM IV

54%

annualized implied move

Call wall

$220

6k contracts

Put wall

$60

5k contracts

Tail hedging

9.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $220 (6k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (5k contracts), 72% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 9.8× 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 2026-10-30. 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	2k	6k	2.58	3k
2026-10-16	16k	9k	0.56	1k
2026-10-23	1k	6k	5.93	180
2026-10-30	961	1k	1.34	372
2026-11-06	122	819	6.71	24
2026-11-13	4	2	0.50	27
2026-11-20	9k	8k	0.84	676
2026-12-18	10k	16k	1.65	528
2027-01-15	22k	18k	0.79	136
2027-02-19	2k	1k	0.86	35
2027-03-19	4k	2k	0.54	429
2027-05-21	58	121	2.09	27
2027-06-17	5k	5k	0.84	31
2027-09-17	235	322	1.37	55
2027-12-17	3k	9k	2.79	97
2028-01-21	8k	10k	1.34	109
2029-01-19	285	61	0.21	7

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.