RDDT Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $165.25.

Put/Call (OI)

0.82

241k P / 295k C

Put/Call (Volume)

0.63

31k P / 49k C today

30d ATM IV

60%

annualized implied move

Call wall

$220

38k contracts

Put wall

$115

36k contracts

Tail hedging

0.8×

deep-OTM puts vs calls

What the positioning says

●Call wall at $220 (38k contracts), 33% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $115 (36k contracts), 30% 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 2026-09-18. 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 today
2026-08-21	59k	38k	0.64	51k
2026-08-28	8k	7k	0.82	7k
2026-09-04	4k	10k	2.63	2k
2026-09-11	2k	2k	1.27	1k
2026-09-18	39k	28k	0.74	6k
2026-09-25	654	689	1.05	619
2026-10-02	189	39	0.21	310
2026-10-16	15k	17k	1.16	4k
2026-11-20	5k	8k	1.71	1k
2026-12-18	9k	9k	1.01	3k
2027-01-15	71k	62k	0.87	1k
2027-03-19	7k	6k	0.95	903
2027-06-17	21k	21k	1.02	504
2028-01-21	22k	12k	0.53	284
2028-06-16	23k	19k	0.82	75
2028-09-15	1k	250	0.25	30
2028-12-15	10k	463	0.05	143

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