BMY Options Chain, Open Interest, and Volatility Data

BMY Options Open Interest & Strategy Insights

BMY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
45	57009	62788	119797
50	98361	16592	114953
40	7786	72577	80363
52.5	37904	7512	45416
55	39402	5553	44955
47	26851	15209	42060
43	14391	26226	40617
46	19414	17370	36784
44	9834	23472	33306
48	29642	1927	31569

BMY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.90	0.25	39.25%	40.84%	1.59%

Data Analysis

Symbol: BMY Current Price: 46.47
Max Pain: 47.00 (near)

📌 Absolute OI Peak: 45.00 (119797 contracts)
🛡️ Short-term Key Levels: 46.00（36784 contracts，minor support） , 44.00（33306 contracts，major support） , 43.00（40617 contracts，major support）

📈 Put/Call OI Ratio: 0.90 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.25 (bullish, Call volume dominant)

📊 Avg Call IV: 39.25%
Avg Put IV: 40.84%
IV Skew: 1.59% (Put IV higher than Call IV by 1.59%, downward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	3511	2916	17300	0.831	Slight Bullish 📈 (60)
2025-11-14	694	825	7209	1.189	Slight Bearish 📉 (40)
2025-11-21	10583	1241	165663	0.117	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	619	382	4707	0.617	Slight Bullish 📈 (60)
2025-12-05	933	453	1691	0.486	Moderate Bullish 📈 (70)
2025-12-12	94	41	230	0.436	Moderate Bullish 📈 (70)
2025-12-19	1239	849	77523	0.685	Moderate Bullish 📈 (65)
2026-01-16	11762	384	155538	0.033	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	342	79	58639	0.231	Strong Bullish 📈💥 (85) ⚠️
2026-06-18	262	173	58242	0.660	Moderate Bullish 📈 (65)
2026-09-18	310	50	34781	0.161	Moderate Bullish 📈 (70) ⚠️
2026-12-18	747	112	23962	0.150	Moderate Bullish 📈 (70) ⚠️
2027-01-15	348	145	37656	0.417	Moderate Bullish 📈 (70)
2027-06-17	144	69	7749	0.479	Moderate Bullish 📈 (70)
2027-12-17	59	78	8353	1.322	Slight Bearish 📉 (40)
2028-01-21	112	183	6900	1.634	Moderate Bearish 📉 (30)
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.