PATH Options Chain, Open Interest, and Volatility Data

PATH Options Open Interest & Strategy Insights

PATH – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
20	236855	2526	239381
15	98256	34144	132400
30	64102	219	64321
12.5	11796	34942	46738
17.5	38177	6229	44406
16	35061	9172	44233
25	43622	577	44199
17	35126	5995	41121
10	11733	26501	38234
14	19343	14774	34117

PATH – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.52	0.10	81.64%	73.28%	-8.36%

Data Analysis

Symbol: PATH Current Price: 14.55
Max Pain: 21.00 (below)

📌 Absolute OI Peak: 20.00 (239381 contracts)
🛡️ Short-term Key Levels: 14.00（34117 contracts，minor support） , 12.50（46738 contracts，major support） , 10.00（38234 contracts，major support）

📈 Put/Call OI Ratio: 0.52 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.10 (bullish, Call volume dominant)

📊 Avg Call IV: 81.64%
Avg Put IV: 73.28%
IV Skew: -8.36% (Call IV higher than Put IV by 8.36%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 20.00 (239381 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	48065	2330	32623	0.048	Moderate Bullish 📈 (70) ⚠️
2025-11-14	11374	989	13090	0.087	Moderate Bullish 📈 (70) ⚠️
2025-11-21	11573	3048	103211	0.263	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	5327	138	8537	0.026	Moderate Bullish 📈 (70) ⚠️
2025-12-05	641	28	2451	0.044	Moderate Bullish 📈 (70) ⚠️
2025-12-12	240	10	239	0.042	Moderate Bullish 📈 (70) ⚠️
2025-12-19	9029	477	140927	0.053	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	18173	400	328023	0.022	Strong Bullish 📈💥 (85) ⚠️
2026-02-20	1691	200	56008	0.118	Strong Bullish 📈💥 (85) ⚠️
2026-05-15	2458	64	54232	0.026	Strong Bullish 📈💥 (85) ⚠️
2027-01-15	3962	47	114881	0.012	Strong Bullish 📈💥 (85) ⚠️
2028-01-21	617	71	15170	0.115	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.