QRVO Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $95.5.

Put/Call (OI)

0.09

2k P / 28k C

Put/Call (Volume)

0.12

16 P / 133 C today

30d ATM IV

39%

annualized implied move

Call wall

$115

14k contracts

Put wall

$75

335 contracts

Tail hedging

0.1×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.09 puts per call outstanding.
●Call wall at $115 (14k contracts), 20% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $75 (335 contracts), 21% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 10.4× deep-OTM put OI — speculative upside positioning dominates the tails.

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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume today
2026-08-21	21k	830	0.04	87
2026-09-18	73	20	0.27	33
2026-10-16	505	155	0.31	15
2026-11-20	304	53	0.17	8
2026-12-18	3k	132	0.05	1
2027-01-15	2k	689	0.29	0
2027-02-19	30	104	3.47	0
2027-12-17	889	491	0.55	5

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.