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

Explore the KDP 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 KDP.

Market Sentiment from KDP Options by Expiration Date

The table below aggregates KDP 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
2026-02-20 19201 6883 26084 0.358
2026-03-20 25787 15709 41496 0.609
2026-04-17 4689 2980 7669 0.636
2026-06-18 6537 5735 12272 0.877
2026-07-17 524 237 761 0.452
2026-09-18 6186 3042 9228 0.492
2026-12-18 241 271 512 1.124
2027-01-15 6533 1966 8499 0.301
2028-01-21 1076 467 1543 0.434

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for KDP 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 KDP.
  • 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 KDP options, while lower scores highlight more defensive or bearish structures.