VICR Options Chain Analysis

Delayed CBOE data, snapshot 2026-08-18. Spot $252.74.

Put/Call (OI)

0.99

13k P / 13k C

Put/Call (Volume)

0.24

473 P / 2k C today

30d ATM IV

78%

annualized implied move

Call wall

$300

1k contracts

Put wall

$135

1k contracts

Tail hedging

1.4×

deep-OTM puts vs calls

What the positioning says

●Call wall at $300 (1k contracts), 19% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $135 (1k contracts), 47% below spot — the hedge floor; often acts as support.
●30-day ATM implied volatility is 78% — the market prices very large moves; option premium is expensive.

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.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume today
2026-08-21	7k	7k	0.97	2k
2026-09-18	884	1k	1.25	250
2026-10-16	1k	1k	1.07	81
2026-11-20	2k	3k	1.76	22
2027-01-15	2k	871	0.47	33
2028-01-21	766	225	0.29	16

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