TYL Options Chain Analysis

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

Spot $322.81 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.42

2k P / 5k C

Put/Call (Volume)

1.33

8 P / 6 C that session

30d ATM IV

39%

annualized implied move

Call wall

$420

843 contracts

Put wall

$210

341 contracts

Tail hedging

0.5×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.42 puts per call outstanding.
●Call wall at $420 (843 contracts), 30% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $210 (341 contracts), 35% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 2.2× deep-OTM put OI — speculative upside positioning dominates the tails.

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	151	275	1.82	4
2026-11-20	116	64	0.55	6
2026-12-18	4k	1k	0.26	1
2027-03-19	414	573	1.38	1
2027-12-17	104	111	1.07	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.