CFLT Options Chain, Open Interest, and Volatility Data

CFLT Options Open Interest & Strategy Insights

CFLT – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
23	12122	23607	35729
22	20726	11446	32172
30	22597	6418	29015
32	25263	652	25915
20	14216	10495	24711
21	15237	5149	20386
25	18085	2092	20177
15	1277	16062	17339
24	12815	3011	15826
28	12946	1360	14306

CFLT – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.50	1.59	61.13%	62.02%	0.90%

Data Analysis

Symbol: CFLT Current Price: 22.54
Max Pain: 26.00 (below)

📌 Absolute OI Peak: 23.00 (35729 contracts)
🛡️ Short-term Key Levels: 22.00（32172 contracts，minor support） , 21.00（20386 contracts，minor support） , 20.00（24711 contracts，major support）

📈 Put/Call OI Ratio: 0.50 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.59 (bearish, Put volume dominant)

📊 Avg Call IV: 61.13%
Avg Put IV: 62.02%
IV Skew: 0.90% (Call and Put IV are close, neutral expectation)

⚠️ Unusual OI concentration at far OTM strike 30.00 (29015 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
2025-11-21	488	233	79005	0.477	Strong Bullish 📈💥 (85)
2025-12-19	44	41	3864	0.932	Neutral ⚖️ (50)
2026-01-16	289	113	54341	0.391	Strong Bullish 📈💥 (85)
2026-02-20	148	112	25176	0.757	Slight Bullish 📈 (60)
2026-03-20	43	252	10406	5.860	Moderate Bearish 📉 (30) ⚠️
2026-04-17	91	124	5370	1.363	Slight Bearish 📉 (40)
2026-12-18	5	0	506	0.000	Moderate Bullish 📈 (70) ⚠️
2027-01-15	77	46	41583	0.597	Slight Bullish 📈 (60)
2027-12-17	133	36	1360	0.271	Moderate Bullish 📈 (70) ⚠️
2028-01-21	37	14	1017	0.378	Moderate Bullish 📈 (70)
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.