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GAP Options Chain Overview

Explore strikes, OI, IV and strategy data for GAP.

GAP Options Open Interest & Strategy Insights

GAP โ€“ Top 10 Strike Prices by Open Interest

Strike Call OI Put OI Total OI
24 87482 2483 89965
25 40739 4330 45069
22 16811 13011 29822
20 13002 15716 28718
23 14941 4699 19640
15 988 14676 15664
27 11522 1924 13446
26 12354 397 12751
21 4061 8482 12543
18 1478 8460 9938

GAP โ€“ Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio Put/Call Volume Ratio Avg Call IV Avg Put IV IV Skew
0.36 0.44 68.02% 66.15% -1.87%

Data Analysis

Symbol: GAP Current Price: 23.43
Max Pain: 24.00 (near)

๐Ÿ“Œ Absolute OI Peak: 24.00 (89965 contracts)
๐Ÿ›ก๏ธ Short-term Key Levels: 23.00๏ผˆ19640 contracts๏ผŒminor support๏ผ‰ , 22.00๏ผˆ29822 contracts๏ผŒminor support๏ผ‰ , 21.00๏ผˆ12543 contracts๏ผŒmajor support๏ผ‰

๐Ÿ“ˆ Put/Call OI Ratio: 0.36 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.44 (bullish, Call volume dominant)

๐Ÿ“Š Avg Call IV: 68.02%
Avg Put IV: 66.15%
IV Skew: -1.87% (Call IV higher than Put IV by 1.87%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date Call Volume Put Volume Open Interest Put/Call Ratio Sentiment
2025-11-07 1638 1283 16332 0.783 Slight Bullish ๐Ÿ“ˆ (60)
2025-11-14 444 174 2304 0.392 Moderate Bullish ๐Ÿ“ˆ (70)
2025-11-21 903 210 21272 0.233 Moderate Bullish ๐Ÿ“ˆ (70) โš ๏ธ
2025-11-28 1199 1076 1636 0.897 Slight Bullish ๐Ÿ“ˆ (60)
2025-12-05 36 34 188 0.944 Neutral โš–๏ธ (50)
2025-12-12 6 1 43 0.167 Moderate Bullish ๐Ÿ“ˆ (70) โš ๏ธ
2025-12-19 2097 445 125280 0.212 Strong Bullish ๐Ÿ“ˆ๐Ÿ’ฅ (85) โš ๏ธ
2026-01-16 1458 447 76285 0.307 Strong Bullish ๐Ÿ“ˆ๐Ÿ’ฅ (85)
2026-03-20 283 192 19233 0.678 Slight Bullish ๐Ÿ“ˆ (60)
2026-06-18 281 43 4755 0.153 Moderate Bullish ๐Ÿ“ˆ (70) โš ๏ธ
2026-09-18 49 49 4733 1.000 Neutral โš–๏ธ (50)
2026-12-18 2 1 3 0.500 Slight Bullish ๐Ÿ“ˆ (60)
2027-01-15 74 75 10152 1.014 Neutral โš–๏ธ (50)
2028-01-21 4 8 305 2.000 Moderate Bearish ๐Ÿ“‰ (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 โš ๏ธ: 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.