PAAS Options Chain, Open Interest, and Volatility Data

PAAS Options Open Interest & Strategy Insights

PAAS – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
40	34294	3598	37892
30	11894	15553	27447
35	15191	6735	21926
45	18557	1016	19573
55	14825	83	14908
50	13714	319	14033
25	7288	3653	10941
37	5189	4773	9962
27	5624	4085	9709
42	8279	913	9192

PAAS – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.59	0.44	59.28%	59.21%	-0.07%

Data Analysis

Symbol: PAAS Current Price: 33.77
Max Pain: 40.00 (below)

📌 Absolute OI Peak: 40.00 (37892 contracts)
🛡️ Short-term Key Levels: 30.00（27447 contracts，major support） , 27.00（9709 contracts，major support） , 25.00（10941 contracts，major support）

📈 Put/Call OI Ratio: 0.59 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.44 (bullish, Call volume dominant)

📊 Avg Call IV: 59.28%
Avg Put IV: 59.21%
IV Skew: -0.07% (Call and Put IV are close, neutral expectation)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	478	298	4989	0.623	Slight Bullish 📈 (60)
2025-11-14	500	101	3803	0.202	Moderate Bullish 📈 (70) ⚠️
2025-11-21	3461	471	51801	0.136	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	411	417	2256	1.015	Neutral ⚖️ (50)
2025-12-05	84	5	217	0.060	Moderate Bullish 📈 (70) ⚠️
2025-12-19	1715	55	3672	0.032	Moderate Bullish 📈 (70) ⚠️
2026-01-16	502	247	62887	0.492	Strong Bullish 📈💥 (85)
2026-03-20	179	288	20625	1.609	Moderate Bearish 📉 (30)
2026-04-17	618	50	14796	0.081	Moderate Bullish 📈 (70) ⚠️
2026-05-15	104	16	2378	0.154	Moderate Bullish 📈 (70) ⚠️
2026-08-21	41	1033	2673	25.195	Moderate Bearish 📉 (30) ⚠️
2026-11-20	64	27	364	0.422	Moderate Bullish 📈 (70)
2027-01-15	4784	57	26905	0.012	Moderate Bullish 📈 (70) ⚠️
2028-01-21	480	17	5290	0.035	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.