RACE Options Chain Analysis

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

Spot $421.91 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.19

15k P / 13k C

Put/Call (Volume)

0.72

211 P / 292 C that session

30d ATM IV

28%

annualized implied move

Call wall

$450

844 contracts

Put wall

$330

2k contracts

Tail hedging

2.9×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.19 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $450 (844 contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $330 (2k contracts), 22% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 2.9× 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 2026-10-02. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-09-04	99	128	1.29	17
2026-09-11	27	47	1.74	5
2026-09-18	4k	3k	0.74	174
2026-09-25	44	42	0.95	1
2026-10-02	9	17	1.89	0
2026-10-09	0	0	—	0
2026-10-16	2k	2k	1.15	208
2026-11-20	734	837	1.14	10
2026-12-18	4k	6k	1.35	22
2027-02-19	382	441	1.15	1
2027-06-17	639	882	1.38	29
2027-12-17	149	162	1.09	30
2028-01-21	76	572	7.53	0
2028-06-16	352	514	1.46	0
2028-12-15	80	622	7.78	6

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.