PM Options Chain, Open Interest, and Volatility Data

PM Options Open Interest & Strategy Insights

PM – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
150	7050	8887	15937
160	8770	6910	15680
170	9562	3172	12734
155	5110	7592	12702
165	8240	4378	12618
145	2638	9921	12559
180	8945	2365	11310
140	2320	7932	10252
175	7643	2436	10079
135	1503	8270	9773

PM – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.99	1.91	38.30%	37.30%	-1.00%

Data Analysis

Symbol: PM Current Price: 148.40
Max Pain: 160.00 (below)

📌 Absolute OI Peak: 150.00 (15937 contracts)
🛡️ Short-term Key Levels: 145.00（12559 contracts，major support） , 140.00（10252 contracts，major support） , 135.00（9773 contracts，major support）

📈 Put/Call OI Ratio: 0.99 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.91 (bearish, Put volume dominant)

📊 Avg Call IV: 38.30%
Avg Put IV: 37.30%
IV Skew: -1.00% (Call IV higher than Put IV by 1.00%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	756	462	4466	0.611	Slight Bullish 📈 (60)
2025-11-14	83	244	2526	2.940	Moderate Bearish 📉 (30)
2025-11-21	619	211	31040	0.341	Moderate Bullish 📈 (70)
2025-11-28	76	39	864	0.513	Slight Bullish 📈 (60)
2025-12-05	15	13	164	0.867	Slight Bullish 📈 (60)
2025-12-12	23	36	199	1.565	Moderate Bearish 📉 (30)
2025-12-19	216	1298	19394	6.009	Moderate Bearish 📉 (30) ⚠️
2026-01-16	1322	327	42599	0.247	Moderate Bullish 📈 (70) ⚠️
2026-03-20	243	92	17436	0.379	Moderate Bullish 📈 (70)
2026-06-18	120	959	9860	7.992	Moderate Bearish 📉 (30) ⚠️
2026-09-18	468	206	3193	0.440	Moderate Bullish 📈 (70)
2026-11-20	56	78	886	1.393	Slight Bearish 📉 (40)
2026-12-18	126	49	834	0.389	Moderate Bullish 📈 (70)
2027-01-15	567	306	11628	0.540	Slight Bullish 📈 (60)
2028-01-21	88	40	1008	0.455	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.