STE Options Chain Analysis

As of previous close (2026-11-05) · OPRA historical data

Spot $254.12 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.92

2k P / 2k C

Put/Call (Volume)

1.92

119 P / 62 C that session

30d ATM IV

28%

annualized implied move

Call wall

$260

680 contracts

Put wall

$200

517 contracts

Tail hedging

16.7×

deep-OTM puts vs calls

What the positioning says

●Call wall at $260 (680 contracts), 2% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $200 (517 contracts), 21% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 16.7× deep-OTM call OI — an institutional hedging ladder sits under this stock.

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 2026-12-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-11-20	817	1k	1.72	123
2026-12-18	560	158	0.28	42
2027-03-19	333	36	0.11	15
2027-06-17	21	2	0.10	1

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.