SATA Options Chain Analysis

As of previous close (2026-08-27) · OPRA historical data

Spot $100.01 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

2.31

5k P / 2k C

Put/Call (Volume)

2.33

7 P / 3 C that session

30d ATM IV

annualized implied move

Call wall

$105

1k contracts

Put wall

$95

2k contracts

Tail hedging

1247.0×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 2.31 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $105 (1k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $95 (2k contracts), 5% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 1247.0× deep-OTM call OI — an institutional hedging ladder sits under this stock.
●30-day ATM implied volatility is 5% — 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 2026-09-18. 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 that session
2026-10-16	1k	2k	1.58	2
2027-01-15	466	903	1.94	1
2027-04-16	6	31	5.17	5

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.