AAL Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the AAL options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for AAL.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from AAL Options by Expiration Date

The table below aggregates AAL options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-08-28	38572	31197	69769	0.809
2026-09-04	27108	12642	39750	0.466
2026-09-11	5701	8055	13756	1.413
2026-09-18	157416	272370	429786	1.730
2026-09-25	4021	5335	9356	1.327
2026-10-02	2607	2207	4814	0.847
2026-10-16	8576	13967	22543	1.629
2026-11-20	65806	63934	129740	0.972
2026-12-18	100104	154417	254521	1.543
2027-01-15	140692	271964	412656	1.933
2027-02-19	4442	10074	14516	2.268
2027-03-19	14640	44796	59436	3.060
2027-06-17	14978	44868	59846	2.996
2027-09-17	6163	9335	15498	1.515
2027-12-17	62475	195487	257962	3.129
2028-01-21	38460	31584	70044	0.821
2028-12-15	36006	54114	90120	1.503
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for AAL based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around AAL. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in AAL options, while lower scores highlight more defensive or bearish structures.