WELL Options Chain Analysis

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

Spot $227.92 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.00

23k P / 23k C

Put/Call (Volume)

0.61

486 P / 795 C that session

30d ATM IV

25%

annualized implied move

Call wall

$250

4k contracts

Put wall

$220

6k contracts

Tail hedging

1.5×

deep-OTM puts vs calls

What the positioning says

●Call wall at $250 (4k contracts), 10% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $220 (6k contracts), 3% 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 2026-10-16. 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
2026-10-16	3k	2k	0.56	316
2026-11-20	528	751	1.42	87
2026-12-18	4k	2k	0.54	78
2027-01-15	9k	9k	0.96	706
2027-02-19	178	172	0.97	3
2027-03-19	1k	3k	2.48	67
2027-05-21	3k	5k	1.62	16
2027-08-20	336	237	0.71	1
2027-11-19	1k	909	0.73	3
2028-01-21	27	4	0.15	3
2029-01-19	21	10	0.48	1

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.