CVS Options Chain, Open Interest, and Volatility Data

CVS Options Open Interest & Strategy Insights

CVS – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
80	66388	12252	78640
70	37101	18834	55935
72.5	18695	17370	36065
85	28140	4972	33112
50	4084	26287	30371
75	19560	10314	29874
65	10636	17755	28391
67.5	9396	16404	25800
82.5	18320	5311	23631
55	4865	16974	21839

CVS – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.59	1.16	43.48%	38.36%	-5.12%

Data Analysis

Symbol: CVS Current Price: 78.55
Max Pain: 74.00 (above)

📌 Absolute OI Peak: 80.00 (78640 contracts)
🛡️ Short-term Key Levels: 75.00（29874 contracts，major support） , 72.50（36065 contracts，major support） , 70.00（55935 contracts，major support）

📈 Put/Call OI Ratio: 0.59 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.16 (bearish, Put volume dominant)

📊 Avg Call IV: 43.48%
Avg Put IV: 38.36%
IV Skew: -5.12% (Call IV higher than Put IV by 5.12%, upward 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	1123	1245	19570	1.109	Slight Bearish 📉 (40)
2025-11-14	568	404	10872	0.711	Slight Bullish 📈 (60)
2025-11-21	282	647	79576	2.294	Strong Bearish 📉💥 (15)
2025-11-28	271	119	1641	0.439	Moderate Bullish 📈 (70)
2025-12-05	175	168	644	0.960	Neutral ⚖️ (50)
2025-12-12	2	25	34	12.500	Moderate Bearish 📉 (30) ⚠️
2025-12-19	166	1375	43121	8.283	Moderate Bearish 📉 (30) ⚠️
2026-01-16	632	978	119963	1.547	Strong Bearish 📉💥 (15)
2026-02-20	525	1151	15034	2.192	Moderate Bearish 📉 (30)
2026-03-20	91	889	38654	9.769	Moderate Bearish 📉 (30) ⚠️
2026-05-15	53	152	5682	2.868	Moderate Bearish 📉 (30)
2026-06-18	220	984	17074	4.473	Moderate Bearish 📉 (30) ⚠️
2026-09-18	126	731	4963	5.802	Moderate Bearish 📉 (30) ⚠️
2026-12-18	77	285	17081	3.701	Moderate Bearish 📉 (30) ⚠️
2027-01-15	100	252	39724	2.520	Moderate Bearish 📉 (30)
2028-01-21	19	58	1508	3.053	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.