FLY Options Chain, Open Interest, and Volatility Data

FLY Options Open Interest & Strategy Insights

FLY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
40	6502	1518	8020
30	6416	1281	7697
25	3053	1969	5022
35	3473	908	4381
50	2458	108	2566
45	2245	212	2457
20	421	1604	2025
17.5	23	1484	1507
65	1362	6	1368
90	1125	0	1125

FLY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
159.00	33.50	99.76%	93.99%	-5.76%

Data Analysis

Symbol: FLY Current Price: 22.50
Max Pain: 40.00 (below)

📌 Absolute OI Peak: 40.00 (8020 contracts)
🛡️ Short-term Key Levels: 20.00（2025 contracts，major support） , 17.50（1507 contracts，major support） , 25.00（5022 contracts，major resistance）

📈 Put/Call OI Ratio: 159.00 (bearish, Put OI dominant)
Put/Call Volume Ratio: 33.50 (bearish, Put volume dominant)

📊 Avg Call IV: 99.76%
Avg Put IV: 93.99%
IV Skew: -5.76% (Call IV higher than Put IV by 5.76%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 40.00 (8020 contracts), sentiment: bullish (Call 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	290	28	1708	0.097	Moderate Bullish 📈 (70) ⚠️
2025-11-14	248	69	1681	0.278	Moderate Bullish 📈 (70) ⚠️
2025-11-21	380	28	10860	0.074	Moderate Bullish 📈 (70) ⚠️
2025-11-28	83	10	647	0.120	Moderate Bullish 📈 (70) ⚠️
2025-12-05	1	5	19	5.000	Moderate Bearish 📉 (30) ⚠️
2025-12-19	367	12	1419	0.033	Moderate Bullish 📈 (70) ⚠️
2026-02-20	969	30	14881	0.031	Moderate Bullish 📈 (70) ⚠️
2026-05-15	146	34	1566	0.233	Moderate Bullish 📈 (70) ⚠️
2026-09-18	386	10	3337	0.026	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.