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

Explore the COP 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 COP.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from COP Options by Expiration Date

The table below aggregates COP 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
2026-10-02	7767	2506	10273	0.323
2026-10-09	2842	3747	6589	1.318
2026-10-16	20624	11335	31959	0.550
2026-10-23	2278	975	3253	0.428
2026-10-30	1462	1347	2809	0.921
2026-11-06	661	687	1348	1.039
2026-11-20	35270	11146	46416	0.316
2026-12-18	28154	22835	50989	0.811
2027-01-15	37899	34182	72081	0.902
2027-02-19	1324	746	2070	0.563
2027-03-19	5596	7323	12919	1.309
2027-05-21	58	118	176	2.034
2027-06-17	8306	7938	16244	0.956
2027-09-17	584	725	1309	1.241
2027-12-17	5429	6685	12114	1.231
2028-01-21	4850	4930	9780	1.016
2028-12-15	4157	2397	6554	0.577
2029-01-19	121	211	332	1.744
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for COP 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 COP. 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 COP options, while lower scores highlight more defensive or bearish structures.