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

Explore the M 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 M.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from M Options by Expiration Date

The table below aggregates M 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
2025-12-26	3669	2566	6235	0.699
2026-01-02	2324	1660	3984	0.714
2026-01-09	894	341	1235	0.381
2026-01-16	29293	63965	93258	2.184
2026-01-23	393	133	526	0.338
2026-01-30	26	66	92	2.538
2026-02-20	6978	9925	16903	1.422
2026-03-20	17257	26957	44214	1.562
2026-05-15	3725	3832	7557	1.029
2026-06-18	3340	9508	12848	2.847
2026-08-21	13	6	19	0.462
2026-09-18	1889	2189	4078	1.159
2026-12-18	1248	2904	4152	2.327
2027-01-15	11289	10080	21369	0.893
2028-01-21	1488	560	2048	0.376
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for M 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 M. 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 M options, while lower scores highlight more defensive or bearish structures.