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
2026-03-27	96375	69500	165875	0.721
2026-04-02	45049	38487	83536	0.854
2026-04-10	76545	30432	106977	0.398
2026-04-17	91916	160325	252241	1.744
2026-04-24	6536	13201	19737	2.020
2026-05-01	4239	27345	31584	6.451
2026-05-15	55147	116482	171629	2.112
2026-06-18	140387	335867	476254	2.392
2026-07-17	20373	26624	46997	1.307
2026-08-21	19361	32937	52298	1.701
2026-09-18	86751	157374	244125	1.814
2026-11-20	196	1077	1273	5.495
2026-12-18	71590	123049	194639	1.719
2027-01-15	118561	218055	336616	1.839
2027-03-19	5324	15283	20607	2.871
2027-06-17	3556	35313	38869	9.931
2027-09-17	2157	1022	3179	0.474
2027-12-17	49924	193715	243639	3.880
2028-01-21	37835	20511	58346	0.542
2028-12-15	19243	18534	37777	0.963
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.