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

Explore the PAYC 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 PAYC.

Market Sentiment from PAYC Options by Expiration Date

The table below aggregates PAYC 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
2026-02-20 2262 1975 4237 0.873
2026-03-20 248 520 768 2.097
2026-05-15 553 392 945 0.709
2026-06-18 2450 680 3130 0.278
2026-08-21 87 509 596 5.851
2026-12-18 916 598 1514 0.653
2027-01-15 1319 736 2055 0.558
2027-12-17 729 373 1102 0.512

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for PAYC 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 PAYC.
  • 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 PAYC options, while lower scores highlight more defensive or bearish structures.