PFE Options Chain Analysis

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

Spot $27.8 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.75

937k P / 1.2M C

Put/Call (Volume)

1.62

72k P / 44k C that session

30d ATM IV

22%

annualized implied move

Call wall

$30

226k contracts

Put wall

$25

214k contracts

Tail hedging

1.7×

deep-OTM puts vs calls

What the positioning says

●Call wall at $30 (226k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $25 (214k contracts), 10% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 22% — 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 2026-10-30. 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	35k	13k	0.36	11k
2026-10-16	142k	57k	0.40	15k
2026-10-23	15k	5k	0.32	2k
2026-10-30	11k	3k	0.26	3k
2026-11-06	2k	1k	0.53	8k
2026-11-13	284	14	0.05	747
2026-11-20	89k	65k	0.73	42k
2026-12-18	213k	137k	0.64	4k
2027-01-15	303k	305k	1.01	9k
2027-03-19	61k	74k	1.23	1k
2027-06-17	98k	73k	0.75	746
2027-09-17	11k	4k	0.34	1k
2027-12-17	63k	68k	1.08	1k
2028-01-21	146k	101k	0.69	2k
2028-12-15	17k	13k	0.76	2k
2029-01-19	3k	352	0.13	249

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.