TXN Options Chain Analysis

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

Spot $293 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.80

92k P / 116k C

Put/Call (Volume)

0.43

8k P / 18k C that session

30d ATM IV

49%

annualized implied move

Call wall

$300

8k contracts

Put wall

$260

10k contracts

Tail hedging

1.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (8k contracts), 2% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $260 (10k 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 2026-10-30. 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	2k	3k	1.48	5k
2026-10-16	23k	14k	0.62	6k
2026-10-23	2k	2k	1.35	950
2026-10-30	541	742	1.37	397
2026-11-06	123	121	0.98	121
2026-11-13	3	1	0.33	20
2026-11-20	9k	8k	0.85	779
2026-12-18	14k	13k	0.99	1k
2027-01-15	33k	20k	0.60	3k
2027-02-19	2k	2k	1.21	375
2027-03-19	8k	9k	1.20	243
2027-04-16	312	440	1.41	34
2027-06-17	7k	8k	1.11	261
2027-09-17	993	564	0.57	132
2028-01-21	8k	7k	0.91	398
2029-01-19	941	127	0.13	1k

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.