BABA Options Chain, Open Interest, and Volatility Data

BABA Options Open Interest & Strategy Insights

BABA – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
200	118405	5333	123738
150	47398	56696	104094
165	57308	40261	97569
170	73245	23111	96356
180	75647	20086	95733
160	43527	48734	92261
175	60724	23306	84030
140	36655	37272	73927
100	10789	50920	61709
190	47234	10869	58103

BABA – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.58	0.35	53.52%	45.67%	-7.85%

Data Analysis

Symbol: BABA Current Price: 164.82
Max Pain: 170.00 (below)

📌 Absolute OI Peak: 200.00 (123738 contracts)
🛡️ Short-term Key Levels: 160.00（92261 contracts，major support） , 150.00（104094 contracts，major support） , 140.00（73927 contracts，major support）

📈 Put/Call OI Ratio: 0.58 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.35 (bullish, Call volume dominant)

📊 Avg Call IV: 53.52%
Avg Put IV: 45.67%
IV Skew: -7.85% (Call IV higher than Put IV by 7.85%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 200.00 (123738 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	35537	4463	113077	0.126	Strong Bullish 📈💥 (85) ⚠️
2025-11-14	21731	3078	34099	0.142	Moderate Bullish 📈 (70) ⚠️
2025-11-21	12200	2431	243899	0.199	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	1654	136	27194	0.082	Moderate Bullish 📈 (70) ⚠️
2025-12-05	1017	1710	4219	1.681	Moderate Bearish 📉 (30)
2025-12-12	151	65	570	0.430	Moderate Bullish 📈 (70)
2025-12-19	6074	4295	207179	0.707	Moderate Bullish 📈 (65) ⚠️
2026-01-16	4353	2558	207854	0.588	Moderate Bullish 📈 (65) ⚠️
2026-02-20	1386	386	38630	0.278	Moderate Bullish 📈 (70) ⚠️
2026-03-20	1588	1466	189543	0.923	Neutral ⚖️ (50)
2026-04-17	413	296	23878	0.717	Slight Bullish 📈 (60)
2026-05-15	252	98	5000	0.389	Moderate Bullish 📈 (70)
2026-06-18	517	582	75372	1.126	Moderate Bearish 📉 (35)
2026-09-18	1236	260	24453	0.210	Moderate Bullish 📈 (70) ⚠️
2026-12-18	342	488	16107	1.427	Slight Bearish 📉 (40)
2027-01-15	846	704	79216	0.832	Moderate Bullish 📈 (65)
2027-06-17	98	250	12453	2.551	Moderate Bearish 📉 (30)
2027-12-17	87	117	21229	1.345	Slight Bearish 📉 (40)
2028-01-21	326	223	38461	0.684	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.