CSX Options Chain, Open Interest, and Volatility Data

CSX Options Open Interest & Strategy Insights

CSX – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
35	109788	20121	129909
32.5	25885	35942	61827
37.5	52373	4486	56859
40	51584	73	51657
30	7363	23696	31059
27.5	1187	12644	13831
25	610	7568	8178
45	7794	0	7794
36	3437	2272	5709
42.5	4826	8	4834

CSX – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.41	1.18	41.32%	40.41%	-0.92%

Data Analysis

Symbol: CSX Current Price: 35.32
Max Pain: 37.50 (below)

📌 Absolute OI Peak: 35.00 (129909 contracts)
🛡️ Short-term Key Levels: 32.50（61827 contracts，major support） , 30.00（31059 contracts，major support） , 27.50（13831 contracts，major support）

📈 Put/Call OI Ratio: 0.41 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.18 (bearish, Put volume dominant)

📊 Avg Call IV: 41.32%
Avg Put IV: 40.41%
IV Skew: -0.92% (Call and Put IV are close, neutral expectation)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	54	95	1559	1.759	Moderate Bearish 📉 (30)
2025-11-14	72	122	1413	1.694	Moderate Bearish 📉 (30)
2025-11-21	609	110	49396	0.181	Moderate Bullish 📈 (70) ⚠️
2025-11-28	13	103	381	7.923	Moderate Bearish 📉 (30) ⚠️
2025-12-05	10	30	626	3.000	Moderate Bearish 📉 (30)
2025-12-12	6	9	31	1.500	Slight Bearish 📉 (40)
2025-12-19	55	49	10587	0.891	Slight Bullish 📈 (60)
2026-01-16	76	114	68038	1.500	Moderate Bearish 📉 (35)
2026-02-20	30	51	38017	1.700	Moderate Bearish 📉 (30)
2026-03-20	41	11	7034	0.268	Moderate Bullish 📈 (70) ⚠️
2026-05-15	28	42	940	1.500	Slight Bearish 📉 (40)
2026-06-18	67	49	17821	0.731	Slight Bullish 📈 (60)
2026-09-18	55	228	5520	4.145	Moderate Bearish 📉 (30) ⚠️
2026-12-18	37	82	8302	2.216	Moderate Bearish 📉 (30)
2027-01-15	111	3633	17537	32.730	Moderate Bearish 📉 (30) ⚠️
2027-06-17	10	19	660	1.900	Moderate Bearish 📉 (30)
2028-01-21	24	46	349	1.917	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.