AA Options Chain, Open Interest, and Volatility Data

AA Options Open Interest & Strategy Insights

AA – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
35	22489	20878	43367
40	33726	8494	42220
30	8213	26350	34563
25	4277	26717	30994
45	23452	1975	25427
50	23215	25	23240
22.5	1138	16291	17429
20	1780	12376	14156
55	9109	30	9139
37	1808	4109	5917

AA – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.79	0.67	58.44%	58.13%	-0.32%

Data Analysis

Symbol: AA Current Price: 35.74
Max Pain: 35.00 (near)

📌 Absolute OI Peak: 35.00 (43367 contracts)
🛡️ Short-term Key Levels: 30.00（34563 contracts，major support） , 25.00（30994 contracts，major support） , 22.50（17429 contracts，major support）

📈 Put/Call OI Ratio: 0.79 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.67 (bullish, Call volume dominant)

📊 Avg Call IV: 58.44%
Avg Put IV: 58.13%
IV Skew: -0.32% (Call and Put IV are close, neutral expectation)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	779	401	13994	0.515	Slight Bullish 📈 (60)
2025-11-14	527	495	3756	0.939	Neutral ⚖️ (50)
2025-11-21	942	381	29001	0.404	Moderate Bullish 📈 (70)
2025-11-28	234	126	1715	0.538	Slight Bullish 📈 (60)
2025-12-05	121	21	697	0.174	Moderate Bullish 📈 (70) ⚠️
2025-12-12	5	39	51	7.800	Moderate Bearish 📉 (30) ⚠️
2025-12-19	731	413	11453	0.565	Slight Bullish 📈 (60)
2026-01-16	754	152	65649	0.202	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	65	74	41156	1.138	Slight Bearish 📉 (40)
2026-04-17	55	1016	3871	18.473	Moderate Bearish 📉 (30) ⚠️
2026-06-18	377	500	22534	1.326	Slight Bearish 📉 (40)
2026-09-18	15	87	5409	5.800	Moderate Bearish 📉 (30) ⚠️
2026-12-18	125	117	5794	0.936	Neutral ⚖️ (50)
2027-01-15	76	53	20373	0.697	Slight Bullish 📈 (60)
2028-01-21	89	78	2464	0.876	Slight Bullish 📈 (60)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.