TPR Options Chain Analysis

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

Spot $118.12 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.18

23k P / 20k C

Put/Call (Volume)

0.42

206 P / 492 C that session

30d ATM IV

34%

annualized implied move

Call wall

$130

3k contracts

Put wall

$22.5

7k contracts

Tail hedging

1.3×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.18 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $130 (3k contracts), 10% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $22.5 (7k contracts), 81% 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 2026-10-30. 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	312	132	0.42	110
2026-10-16	3k	4k	1.34	164
2026-10-23	202	307	1.52	48
2026-10-30	39	99	2.54	23
2026-11-06	15	35	2.33	15
2026-11-13	3	0	0.00	0
2026-11-20	6k	3k	0.51	23
2026-12-18	2k	1k	0.61	41
2027-01-15	5k	12k	2.39	61
2027-02-19	314	518	1.65	4
2027-03-19	459	451	0.98	28
2027-05-21	36	19	0.53	2
2027-06-17	238	399	1.68	4
2027-09-17	102	35	0.34	0
2028-01-21	1k	812	0.72	19
2029-01-19	171	10	0.06	2

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.