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

Explore the NLY 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 NLY.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from NLY Options by Expiration Date

The table below aggregates NLY 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	14372	3147	17519	0.219
2026-01-02	4109	936	5045	0.228
2026-01-09	2867	259	3126	0.090
2026-01-16	32141	21001	53142	0.653
2026-01-23	434	106	540	0.244
2026-01-30	259	8	267	0.031
2026-02-20	3503	775	4278	0.221
2026-03-20	501	300	801	0.599
2026-04-17	13170	5164	18334	0.392
2026-07-17	1906	735	2641	0.386
2027-01-15	13570	7487	21057	0.552
2028-01-21	3488	2267	5755	0.650
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for NLY 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 NLY. 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 NLY options, while lower scores highlight more defensive or bearish structures.