THC Options Chain Analysis

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

Spot $258.62 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.82

7k P / 9k C

Put/Call (Volume)

0.06

12 P / 209 C that session

30d ATM IV

35%

annualized implied move

Call wall

$270

1k contracts

Put wall

$230

735 contracts

Tail hedging

1.0×

deep-OTM puts vs calls

What the positioning says

●Call wall at $270 (1k contracts), 4% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $230 (735 contracts), 11% 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 2026-10-16. 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
2026-10-16	1k	2k	1.73	11
2026-11-20	2k	2k	0.90	8
2026-12-18	851	689	0.81	184
2027-01-15	3k	1k	0.57	5
2027-02-19	700	104	0.15	0
2027-05-21	12	137	11.42	7
2028-01-21	2k	940	0.63	2
2029-01-19	18	12	0.67	4

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.