V Options Chain Analysis

As of previous close (2026-10-27) · OPRA historical data

Spot $402.18 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.94

192k P / 204k C

Put/Call (Volume)

1.00

29k P / 29k C that session

30d ATM IV

22%

annualized implied move

Call wall

$410

14k contracts

Put wall

$360

14k contracts

Tail hedging

5.1×

deep-OTM puts vs calls

What the positioning says

●Call wall at $410 (14k contracts), 2% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $360 (14k contracts), 10% below spot — the hedge floor; often acts as support.
●Deep-OTM put open interest is 5.1× deep-OTM call OI — an institutional hedging ladder sits under this stock.
●30-day ATM implied volatility is 22% — calm pricing; option premium is cheap.

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 2026-11-27. 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
2026-10-30	11k	8k	0.79	29k
2026-11-06	3k	4k	1.36	5k
2026-11-13	3k	2k	0.79	2k
2026-11-20	26k	26k	1.00	8k
2026-11-27	1k	1k	1.01	1k
2026-12-04	59	498	8.44	170
2026-12-18	33k	28k	0.82	4k
2027-01-15	55k	64k	1.16	6k
2027-03-19	11k	15k	1.45	369
2027-06-17	21k	17k	0.81	610
2027-08-20	1k	433	0.40	48
2027-09-17	1k	1k	0.91	261
2027-12-17	9k	8k	0.98	264
2028-01-21	21k	11k	0.54	51
2028-06-16	2k	931	0.42	31
2028-09-15	592	515	0.87	6
2028-12-15	5k	3k	0.56	101
2029-01-19	1k	1k	0.89	222

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.