SPOT Options Chain Analysis

As of previous close (2026-10-27) · OPRA historical data

Spot $558.02 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.07

56k P / 53k C

Put/Call (Volume)

0.42

2k P / 5k C that session

30d ATM IV

39%

annualized implied move

Call wall

$600

3k contracts

Put wall

$400

4k contracts

Tail hedging

1.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $600 (3k contracts), 8% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $400 (4k contracts), 28% below spot — the hedge floor; often acts as support.

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 2026-11-27. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-30	7k	6k	0.85	4k
2026-11-06	1k	2k	1.25	383
2026-11-13	819	844	1.03	191
2026-11-20	4k	4k	0.98	760
2026-11-27	262	1k	4.05	64
2026-12-04	17	22	1.29	19
2026-12-18	9k	10k	1.14	339
2027-01-15	9k	13k	1.40	323
2027-03-19	4k	3k	0.86	161
2027-04-16	2k	925	0.60	35
2027-06-17	4k	4k	1.01	99
2027-09-17	809	786	0.97	108
2027-12-17	3k	2k	0.92	115
2028-01-21	7k	6k	0.85	214
2028-12-15	157	263	1.68	3
2029-01-19	394	1k	2.71	325

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.