PBR Options Chain, Open Interest, and Volatility Data

PBR Options Open Interest & Strategy Insights

PBR – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
12	93939	146983	240922
15	118338	78126	196464
10	14192	178579	192771
13	96556	84548	181104
11	2730	68584	71314
14	68997	1007	70004
17	58175	5783	63958
8	714	50940	51654
20	18374	9836	28210
12.5	8343	1242	9585

PBR – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.42	0.73	47.47%	55.45%	7.97%

Data Analysis

Symbol: PBR Current Price: 12.14
Max Pain: 12.00 (near)

📌 Absolute OI Peak: 12.00 (240922 contracts)
🛡️ Short-term Key Levels: 11.00（71314 contracts，minor support） , 10.00（192771 contracts，major support） , 8.00（51654 contracts，major support）

📈 Put/Call OI Ratio: 1.42 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.73 (bullish, Call volume dominant)

📊 Avg Call IV: 47.47%
Avg Put IV: 55.45%
IV Skew: 7.97% (Put IV higher than Call IV by 7.97%, downward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 15.00 (196464 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	31769	756	6713	0.024	Moderate Bullish 📈 (70) ⚠️
2025-11-14	1390	388	1980	0.279	Moderate Bullish 📈 (70) ⚠️
2025-11-21	3604	300	94844	0.083	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	1839	17	6566	0.009	Moderate Bullish 📈 (70) ⚠️
2025-12-05	15	3	80	0.200	Moderate Bullish 📈 (70) ⚠️
2025-12-12	0	49	109	0.000	Moderate Bullish 📈 (70) ⚠️
2025-12-19	1371	692	50250	0.505	Moderate Bullish 📈 (65)
2026-01-16	4637	3640	233272	0.785	Moderate Bullish 📈 (65) ⚠️
2026-03-20	1308	20975	100974	16.036	Strong Bearish 📉💥 (15) ⚠️
2026-04-17	20	70	4213	3.500	Moderate Bearish 📉 (30) ⚠️
2026-06-18	345	58	113569	0.168	Strong Bullish 📈💥 (85) ⚠️
2026-09-18	52	34	26494	0.654	Slight Bullish 📈 (60)
2026-12-18	1680	9	93506	0.005	Strong Bullish 📈💥 (85) ⚠️
2027-01-15	859	4688	96237	5.458	Strong Bearish 📉💥 (15) ⚠️
2027-12-17	310	1735	15921	5.597	Moderate Bearish 📉 (30) ⚠️
2028-01-21	58	11	3384	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.