ULTA Options Chain Analysis

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

Spot $543.69 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.97

22k P / 23k C

Put/Call (Volume)

0.44

1k P / 2k C that session

30d ATM IV

30%

annualized implied move

Call wall

$600

2k contracts

Put wall

$470

3k contracts

Tail hedging

1.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $600 (2k contracts), 10% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $470 (3k contracts), 14% 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	965	4k	4.30	2k
2026-10-16	1k	2k	1.32	697
2026-10-23	134	158	1.18	6
2026-10-30	226	58	0.26	89
2026-11-06	23	10	0.43	8
2026-11-13	0	20	—	21
2026-11-20	3k	3k	0.90	78
2026-12-18	2k	3k	1.61	75
2027-01-15	7k	5k	0.66	72
2027-03-19	3k	1k	0.34	43
2027-06-17	844	976	1.16	3
2027-09-17	48	54	1.13	3
2028-01-21	2k	1k	0.79	1
2029-01-19	21	21	1.00	0

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.