RF Options Chain Analysis

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

Spot $27.11 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.50

52k P / 35k C

Put/Call (Volume)

2.12

189 P / 89 C that session

30d ATM IV

36%

annualized implied move

Call wall

$30

9k contracts

Put wall

$25

19k contracts

Tail hedging

0.9×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.50 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $30 (9k contracts), 11% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $25 (19k contracts), 8% 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	5k	2k	0.35	84
2026-11-20	3k	10k	3.53	162
2026-12-18	3k	882	0.25	4
2027-01-15	12k	21k	1.75	17
2027-02-19	623	287	0.46	0
2027-03-19	3k	6k	1.97	1
2027-05-21	3	14	4.67	0
2027-06-17	1k	1k	0.85	6
2027-09-17	471	2k	3.50	0
2028-01-21	6k	9k	1.52	4
2029-01-19	26	1	0.04	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.