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.

Options Analysis Short-Term Forecast Short Interest Report

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
2026-02-06	111026	189934	300960	1.711
2026-02-09	17909	31284	49193	1.747
2026-02-10	9407	10849	20256	1.153
2026-02-11	14082	7554	21636	0.536
2026-02-12	6625	6506	13131	0.982
2026-02-13	38570	128464	167034	3.331
2026-02-17	4080	3881	7961	0.951
2026-02-18	1297	1701	2998	1.311
2026-02-19	107	436	543	4.075
2026-02-20	437612	1717028	2154640	3.924
2026-02-27	45123	80341	125464	1.780
2026-03-06	26849	103001	129850	3.836
2026-03-13	23014	4820	27834	0.209
2026-03-20	595231	1334265	1929496	2.242
2026-03-27	390	265	655	0.679
2026-03-31	46059	61532	107591	1.336
2026-04-17	172594	231056	403650	1.339
2026-05-15	65465	135202	200667	2.065
2026-06-18	427336	987071	1414407	2.310
2026-06-30	19290	31039	50329	1.609
2026-08-21	18084	45555	63639	2.519
2026-09-18	174196	396596	570792	2.277
2026-09-30	12205	12670	24875	1.038
2026-12-18	303715	841319	1145034	2.770
2026-12-31	2532	5683	8215	2.244
2027-01-15	94110	226527	320637	2.407
2027-06-17	37730	139128	176858	3.687
2027-09-17	3210	25045	28255	7.802
2027-12-17	52942	288290	341232	5.445
2028-01-21	10816	51571	62387	4.768
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.