RGA Options Chain Analysis

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

Spot $249.41 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.30

915 P / 3k C

Put/Call (Volume)

0.00

0 P / 962 C that session

30d ATM IV

22%

annualized implied move

Call wall

$270

1k contracts

Put wall

$220

222 contracts

Tail hedging

1.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.30 puts per call outstanding.
●Call wall at $270 (1k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $220 (222 contracts), 12% 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 2026-10-16. 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	615	841	1.37	952
2026-11-20	123	28	0.23	0
2027-01-15	2k	33	0.02	10
2027-04-16	62	3	0.05	0
2027-05-21	652	10	0.02	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.