SNDK Options Chain Analysis

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

Spot $1,714.51 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.23

526k P / 428k C

Put/Call (Volume)

0.63

107k P / 169k C that session

30d ATM IV

66%

annualized implied move

Call wall

$2,000

16k contracts

Put wall

$45

17k contracts

Tail hedging

1.9×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.23 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $2,000 (16k contracts), 17% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $45 (17k contracts), 97% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 66% — the market prices very large moves; option premium is expensive.

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.

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
2026-10-09	17k	20k	1.14	49k
2026-10-16	40k	50k	1.26	16k
2026-10-23	7k	8k	1.20	4k
2026-10-30	4k	7k	1.76	3k
2026-11-06	969	2k	1.60	1k
2026-11-13	20	35	1.75	630
2026-11-20	25k	35k	1.40	5k
2026-12-18	42k	46k	1.08	2k
2027-01-15	79k	125k	1.57	3k
2027-02-19	18k	23k	1.25	1k
2027-03-19	15k	20k	1.29	1k
2027-06-17	39k	34k	0.88	1k
2027-09-17	10k	12k	1.19	925
2027-12-17	563	597	1.06	609
2028-01-21	32k	40k	1.25	869
2028-06-16	15k	19k	1.25	661
2028-09-15	7k	21k	3.13	548
2028-12-15	21k	20k	0.95	592
2029-01-19	1k	902	0.82	3k

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.