OVV Options Chain Analysis

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

Spot $60.34 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.59

10k P / 16k C

Put/Call (Volume)

0.48

52 P / 108 C that session

30d ATM IV

34%

annualized implied move

Call wall

$65

4k contracts

Put wall

$55

3k contracts

Tail hedging

0.6×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.59 puts per call outstanding.
●Call wall at $65 (4k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $55 (3k contracts), 9% 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 2026-10-16. 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
2026-10-16	8k	5k	0.60	14
2026-11-20	155	298	1.92	22
2027-01-15	6k	3k	0.44	80
2027-03-19	120	54	0.45	44
2027-04-16	334	7	0.02	0
2027-05-21	28	5	0.18	0
2027-08-20	14	80	5.71	0
2027-11-19	18	75	4.17	0
2028-01-21	1k	2k	1.20	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.