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IWM Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the IWM options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for IWM.

Market Sentiment from IWM Options by Expiration Date

The table below aggregates IWM options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date Call OI Put OI Total Open Interest Put/Call Ratio
2026-10-01 123798 26060 149858 0.211
2026-10-02 180004 183809 363813 1.021
2026-10-05 41828 21862 63690 0.523
2026-10-06 15417 10759 26176 0.698
2026-10-07 10726 9153 19879 0.853
2026-10-08 7501 11710 19211 1.561
2026-10-09 90578 158293 248871 1.748
2026-10-16 420887 1344381 1765268 3.194
2026-10-23 49248 26947 76195 0.547
2026-10-30 57429 192830 250259 3.358
2026-11-06 21636 12340 33976 0.570
2026-11-20 239651 518234 757885 2.162
2026-12-18 723379 1487100 2210479 2.056
2026-12-31 25026 65477 90503 2.616
2027-01-15 257352 672105 929457 2.612
2027-02-19 11299 38745 50044 3.429
2027-03-19 205138 486377 691515 2.371
2027-03-31 5863 18276 24139 3.117
2027-04-16 29331 114064 143395 3.889
2027-05-21 3222 10634 13856 3.300
2027-06-17 216764 505425 722189 2.332
2027-06-30 7117 18054 25171 2.537
2027-09-17 68892 212910 281802 3.090
2027-10-15 2891 23901 26792 8.267
2027-12-17 106996 543506 650502 5.080
2028-01-21 30686 108199 138885 3.526
2028-12-15 26722 130796 157518 4.895
2029-01-19 478 1218 1696 2.548

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for IWM based on aggregated options data by expiration date. The key metrics are:

  • Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand.
  • Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around IWM.
  • Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk.

The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in IWM options, while lower scores highlight more defensive or bearish structures.