NWSA Options Chain, Open Interest, and Volatility Data

NWSA Options Open Interest & Strategy Insights

NWSA – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
25	3513	160	3673
30	1384	109	1493
35	331	0	331
22.5	3	41	44
20	0	11	11
45	1	4	5
40	4	0	4

NWSA – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.06	6.88	51.75%	50.01%	-1.74%

Data Analysis

Symbol: NWSA Current Price: 25.64
Max Pain: 35.00 (below)

📌 Absolute OI Peak: 25.00 (3673 contracts)
🛡️ Short-term Key Levels: 22.50（44 contracts，major support） , 20.00（11 contracts，major support） , 30.00（1493 contracts，major resistance）

📈 Put/Call OI Ratio: 0.06 (bullish, Call OI dominant)
Put/Call Volume Ratio: 6.88 (bearish, Put volume dominant)

📊 Avg Call IV: 51.75%
Avg Put IV: 50.01%
IV Skew: -1.74% (Call IV higher than Put IV by 1.74%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-21	11	254	1237	23.091	Moderate Bearish 📉 (30) ⚠️
2025-12-19	1	0	12	0.000	Moderate Bullish 📈 (70) ⚠️
2026-01-16	27	116	548	4.296	Moderate Bearish 📉 (30) ⚠️
2026-04-17	21	4	135	0.190	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.