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

Explore the MARA 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 MARA.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from MARA Options by Expiration Date

The table below aggregates MARA 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	213876	38629	252505	0.181
2026-01-02	35476	19433	54909	0.548
2026-01-09	12836	9581	22417	0.746
2026-01-16	506937	253015	759952	0.499
2026-01-23	10768	8267	19035	0.768
2026-01-30	4308	7278	11586	1.689
2026-02-20	13800	7710	21510	0.559
2026-03-20	233358	108076	341434	0.463
2026-05-15	74050	54575	128625	0.737
2026-06-18	64951	96331	161282	1.483
2026-09-18	45856	46768	92624	1.020
2026-12-18	7007	6640	13647	0.948
2027-01-15	108324	149295	257619	1.378
2027-06-17	19166	110423	129589	5.761
2027-12-17	21815	68518	90333	3.141
2028-01-21	18337	10685	29022	0.583
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for MARA 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 MARA. 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 MARA options, while lower scores highlight more defensive or bearish structures.