UBER Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-19. Spot $74.9.

Put/Call (OI)

1.01

673k P / 667k C

Put/Call (Volume)

0.66

34k P / 51k C today

30d ATM IV

33%

annualized implied move

Call wall

$80

92k contracts

Put wall

$60

105k contracts

Tail hedging

1.1×

deep-OTM puts vs calls

What the positioning says

●Call wall at $80 (92k contracts), 7% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $60 (105k contracts), 20% 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 2026-09-18. 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 today
2026-08-21	121k	82k	0.68	29k
2026-08-28	17k	28k	1.70	6k
2026-09-04	6k	8k	1.33	3k
2026-09-11	4k	2k	0.48	12k
2026-09-18	115k	106k	0.93	16k
2026-09-25	4k	764	0.18	545
2026-10-02	2k	602	0.26	180
2026-10-16	29k	20k	0.69	5k
2026-11-20	27k	32k	1.18	1k
2026-12-18	63k	73k	1.17	6k
2027-01-15	134k	149k	1.12	2k
2027-03-19	22k	21k	0.95	836
2027-06-17	29k	44k	1.55	974
2027-09-17	6k	6k	1.11	322
2027-12-17	23k	23k	0.99	140
2028-01-21	54k	59k	1.10	561
2028-06-16	3k	7k	2.04	101
2028-12-15	11k	12k	1.14	710

Source: CBOE delayed quotes, refreshed daily after US market close. Open interest is exchange-reported and lags one session. Research, not investment advice.