TXN Options Chain Analysis

As of previous close (2026-10-12) · OPRA historical data

Spot $281.74 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.75

97k P / 129k C

Put/Call (Volume)

1.06

4k P / 4k C that session

30d ATM IV

47%

annualized implied move

Call wall

$300

9k contracts

Put wall

$260

10k contracts

Tail hedging

0.9×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (9k contracts), 6% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $260 (10k contracts), 8% 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 2026-11-13. 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	29k	18k	0.63	3k
2026-10-23	10k	3k	0.33	2k
2026-10-30	1k	1k	0.91	60
2026-11-06	458	355	0.78	63
2026-11-13	103	71	0.69	6
2026-11-20	11k	9k	0.88	1k
2026-11-27	13	11	0.85	10
2026-12-18	15k	14k	0.95	231
2027-01-15	33k	21k	0.63	744
2027-02-19	2k	2k	1.22	53
2027-03-19	8k	10k	1.20	260
2027-04-16	402	705	1.75	80
2027-06-17	8k	8k	1.06	1k
2027-09-17	3k	1k	0.49	295
2028-01-21	8k	7k	0.91	67
2029-01-19	1k	407	0.28	167

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.