YUMC Options Chain Analysis

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

Spot $40.96 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.43

6k P / 14k C

Put/Call (Volume)

1.11

71 P / 64 C that session

30d ATM IV

31%

annualized implied move

Call wall

$52.5

4k contracts

Put wall

$37.5

1k contracts

Tail hedging

0.1×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.43 puts per call outstanding.
●Call wall at $52.5 (4k contracts), 28% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $37.5 (1k contracts), 8% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 11.6× deep-OTM put OI — speculative upside positioning dominates the tails.

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	Volume that session
2026-10-16	3k	2k	0.59	6
2026-11-20	130	388	2.98	53
2027-01-15	10k	4k	0.36	41
2027-03-19	149	84	0.56	28
2027-04-16	148	10	0.07	0
2027-06-17	160	285	1.78	0
2027-09-17	288	139	0.48	2
2027-12-17	891	112	0.13	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.