ERIC Options Chain, Open Interest, and Volatility Data

ERIC Options Open Interest & Strategy Insights

ERIC – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
10	15237	5592	20829
11	14854	237	15091
7	4084	7688	11772
8	4130	1215	5345
9	2348	2690	5038
13	1867	39	1906
15	1682	0	1682
12	1590	76	1666
3	71	615	686
5	52	610	662

ERIC – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.41	0.92	48.72%	41.99%	-6.73%

Data Analysis

Symbol: ERIC Current Price: 9.75
Max Pain: 11.00 (below)

📌 Absolute OI Peak: 10.00 (20829 contracts)
🛡️ Short-term Key Levels: 9.00（5038 contracts，minor support） , 8.00（5345 contracts，minor support） , 7.00（11772 contracts，major support）

📈 Put/Call OI Ratio: 0.41 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.92 (bullish, Call volume dominant)

📊 Avg Call IV: 48.72%
Avg Put IV: 41.99%
IV Skew: -6.73% (Call IV higher than Put IV by 6.73%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-21	138	12	10377	0.087	Moderate Bullish 📈 (70) ⚠️
2025-12-19	7	205	3826	29.286	Moderate Bearish 📉 (30) ⚠️
2026-01-16	100	244	22725	2.440	Moderate Bearish 📉 (30)
2026-04-17	738	9	11429	0.012	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.