SONY Options Chain Analysis

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

Spot $23.85 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.21

27k P / 132k C

Put/Call (Volume)

0.29

467 P / 2k C that session

30d ATM IV

28%

annualized implied move

Call wall

$25

49k contracts

Put wall

$22.5

11k contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.21 puts per call outstanding.
●Call wall at $25 (49k contracts), 5% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $22.5 (11k contracts), 6% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 5.0× 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	1k	2k	1.67	34
2026-10-16	15k	8k	0.54	123
2026-10-23	256	649	2.54	9
2026-10-30	103	377	3.66	13
2026-11-06	199	5	0.03	180
2026-11-13	0	0	—	0
2026-11-20	1k	608	0.43	11
2026-12-18	54k	5k	0.10	275
2027-01-15	39k	5k	0.14	413
2027-03-19	298	953	3.20	415
2027-04-16	1k	234	0.18	2
2027-06-17	140	22	0.16	5
2027-07-16	66	28	0.42	0
2028-01-21	16k	2k	0.13	115
2029-01-19	19	7	0.37	15

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.