ETSY Options Chain, Open Interest, and Volatility Data

ETSY Options Open Interest & Strategy Insights

ETSY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
45	10826	14621	25447
70	16381	7900	24281
60	11348	12554	23902
55	9299	13182	22481
50	10105	11114	21219
65	5861	13377	19238
40	4513	14609	19122
80	15436	432	15868
75	10637	5009	15646
85	12212	491	12703

ETSY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.07	0.25	60.28%	58.01%	-2.27%

Data Analysis

Symbol: ETSY Current Price: 60.28
Max Pain: 64.00 (below)

📌 Absolute OI Peak: 45.00 (25447 contracts)
🛡️ Short-term Key Levels: 60.00（23902 contracts，minor support） , 55.00（22481 contracts，major support） , 50.00（21219 contracts，major support）

📈 Put/Call OI Ratio: 1.07 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.25 (bullish, Call volume dominant)

📊 Avg Call IV: 60.28%
Avg Put IV: 58.01%
IV Skew: -2.27% (Call IV higher than Put IV by 2.27%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 45.00 (25447 contracts), sentiment: bearish (Put OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	723	622	9547	0.860	Slight Bullish 📈 (60)
2025-11-14	2183	235	6570	0.108	Moderate Bullish 📈 (70) ⚠️
2025-11-21	803	415	27508	0.517	Slight Bullish 📈 (60)
2025-11-28	208	137	1345	0.659	Slight Bullish 📈 (60)
2025-12-05	89	13	353	0.146	Moderate Bullish 📈 (70) ⚠️
2025-12-12	8	7	17	0.875	Slight Bullish 📈 (60)
2025-12-19	441	95	28790	0.215	Moderate Bullish 📈 (70) ⚠️
2026-01-16	252	65	55318	0.258	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	122	87	19203	0.713	Slight Bullish 📈 (60)
2026-06-18	29	72	17114	2.483	Moderate Bearish 📉 (30)
2026-09-18	16	21	1822	1.312	Slight Bearish 📉 (40)
2026-12-18	43	42	2156	0.977	Neutral ⚖️ (50)
2027-01-15	59	63	16573	1.068	Neutral ⚖️ (50)
2027-12-17	26	34	969	1.308	Slight Bearish 📉 (40)
2028-01-21	22	26	229	1.182	Slight Bearish 📉 (40)
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.