TTMI Options Chain Analysis

As of previous close (2026-08-18) · OPRA historical data

Spot $125.7 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.43

21k P / 48k C

Put/Call (Volume)

0.68

2k P / 3k C that session

30d ATM IV

90%

annualized implied move

Call wall

$135

5k contracts

Put wall

$90

4k contracts

Tail hedging

0.4×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.43 puts per call outstanding.
●Call wall at $135 (5k contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $90 (4k contracts), 28% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.5× deep-OTM put OI — speculative upside positioning dominates the tails.
●30-day ATM implied volatility is 90% — the market prices very large moves; option premium is expensive.

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 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	5k	2k	0.50	423
2026-12-18	2k	2k	1.03	106
2027-01-15	2k	344	0.17	73
2027-03-19	304	286	0.94	20
2028-01-21	1k	246	0.21	47

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.