VIV Options Chain Analysis

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

Spot $11.36 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.40

59 P / 147 C

Put/Call (Volume)

—

0 P / 0 C that session

30d ATM IV

133%

annualized implied move

Call wall

$17.5

76 contracts

Put wall

$7.5

18 contracts

Tail hedging

0.2×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.40 puts per call outstanding.
●Call wall at $17.5 (76 contracts), 54% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $7.5 (18 contracts), 34% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 5.6× deep-OTM put OI — speculative upside positioning dominates the tails.
●30-day ATM implied volatility is 133% — 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 2026-10-16. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C
2026-10-16	9	7	0.78
2026-11-20	132	43	0.33
2027-02-19	6	4	0.67
2027-05-21	0	5	—

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.