ET Options Chain, Open Interest, and Volatility Data

ET Options Open Interest & Strategy Insights

ET – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
20	200011	15957	215968
17	80668	60966	141634
15	75831	54405	130236
18	97728	13171	110899
22	74190	1558	75748
25	68214	1416	69630
19	50275	3484	53759
30	51106	453	51559
27	42079	358	42437
12	5579	32350	37929

ET – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.38	0.21	38.22%	46.45%	8.23%

Data Analysis

Symbol: ET Current Price: 16.91
Max Pain: 22.00 (below)

📌 Absolute OI Peak: 20.00 (215968 contracts)
🛡️ Short-term Key Levels: 15.00（130236 contracts，minor support） , 12.00（37929 contracts，major support） , 17.00（141634 contracts，minor resistance）

📈 Put/Call OI Ratio: 0.38 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.21 (bullish, Call volume dominant)

📊 Avg Call IV: 38.22%
Avg Put IV: 46.45%
IV Skew: 8.23% (Put IV higher than Call IV by 8.23%, downward 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	10644	2323	24797	0.218	Moderate Bullish 📈 (70) ⚠️
2025-11-14	4209	2079	13072	0.494	Moderate Bullish 📈 (70)
2025-11-21	4972	1118	51634	0.225	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	378	188	5281	0.497	Moderate Bullish 📈 (70)
2025-12-05	1395	104	3016	0.075	Moderate Bullish 📈 (70) ⚠️
2025-12-12	231	87	639	0.377	Moderate Bullish 📈 (70)
2025-12-19	2297	49	161935	0.021	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	3048	189	235417	0.062	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	1960	122	62564	0.062	Strong Bullish 📈💥 (85) ⚠️
2026-04-17	770	50	15303	0.065	Moderate Bullish 📈 (70) ⚠️
2026-06-18	807	133	18465	0.165	Moderate Bullish 📈 (70) ⚠️
2027-01-15	958	90	242711	0.094	Strong Bullish 📈💥 (85) ⚠️
2028-01-21	448	77	35952	0.172	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.