SE Options Chain Analysis

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

Spot $94.88 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.65

89k P / 136k C

Put/Call (Volume)

0.38

3k P / 9k C that session

30d ATM IV

41%

annualized implied move

Call wall

$140

18k contracts

Put wall

$90

5k contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.65 puts per call outstanding.
●Call wall at $140 (18k contracts), 48% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $90 (5k contracts), 5% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 5.4× deep-OTM put OI — speculative upside positioning dominates the tails.

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 2026-10-30. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-09	2k	741	0.42	2k
2026-10-16	18k	10k	0.56	2k
2026-10-23	1k	200	0.14	520
2026-10-30	226	405	1.79	72
2026-11-06	142	147	1.04	122
2026-11-13	3	7	2.33	10
2026-11-20	13k	6k	0.44	609
2026-12-18	22k	31k	1.43	591
2027-01-15	27k	13k	0.48	2k
2027-02-19	410	607	1.48	43
2027-03-19	11k	7k	0.66	709
2027-05-21	30	30	1.00	16
2027-06-17	27k	15k	0.54	930
2027-09-17	129	843	6.53	42
2028-01-21	13k	3k	0.22	172
2029-01-19	168	60	0.36	83

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.