FSM Options Chain, Open Interest, and Volatility Data

FSM Options Open Interest & Strategy Insights

FSM – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
10	39254	3288	42542
7.5	23829	7237	31066
5.5	15599	4552	20151
12.5	8012	53	8065
5	5876	2071	7947
15	5659	58	5717
3	1127	3507	4634
3.5	1759	1905	3664
4.5	886	1263	2149
4	1090	924	2014

FSM – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.17	1.71	62.27%	62.80%	0.53%

Data Analysis

Symbol: FSM Current Price: 7.88
Max Pain: 10.00 (below)

📌 Absolute OI Peak: 10.00 (42542 contracts)
🛡️ Short-term Key Levels: 7.50（31066 contracts，minor support） , 5.50（20151 contracts，major support） , 5.00（7947 contracts，major support）

📈 Put/Call OI Ratio: 0.17 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.71 (bearish, Put volume dominant)

📊 Avg Call IV: 62.27%
Avg Put IV: 62.80%
IV Skew: 0.53% (Call and Put IV are close, neutral expectation)

⚠️ Unusual OI concentration at far OTM strike 10.00 (42542 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
2025-11-21	421	34	9560	0.081	Moderate Bullish 📈 (70) ⚠️
2025-12-19	12	9	8149	0.750	Slight Bullish 📈 (60)
2026-01-16	408	2236	26471	5.480	Moderate Bearish 📉 (30) ⚠️
2026-03-20	372	4	11376	0.011	Moderate Bullish 📈 (70) ⚠️
2026-05-15	91	10	3545	0.110	Moderate Bullish 📈 (70) ⚠️
2026-06-18	633	1	569	0.002	Moderate Bullish 📈 (70) ⚠️
2026-08-21	37	4	997	0.108	Moderate Bullish 📈 (70) ⚠️
2026-11-20	33	2	563	0.061	Moderate Bullish 📈 (70) ⚠️
2027-01-15	29	14	12769	0.483	Moderate Bullish 📈 (70)
2028-01-21	7	54	1415	7.714	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.