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

Explore the PM 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 PM.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from PM Options by Expiration Date

The table below aggregates PM 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
2025-12-26	6754	1519	8273	0.225
2026-01-02	1432	325	1757	0.227
2026-01-09	457	326	783	0.713
2026-01-16	32115	35386	67501	1.102
2026-01-23	585	268	853	0.458
2026-01-30	229	92	321	0.402
2026-02-20	5146	5481	10627	1.065
2026-03-20	15703	16970	32673	1.081
2026-06-18	9362	10670	20032	1.140
2026-09-18	3397	3547	6944	1.044
2026-11-20	723	1067	1790	1.476
2026-12-18	1760	795	2555	0.452
2027-01-15	10984	5003	15987	0.455
2028-01-21	1362	579	1941	0.425
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for PM 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 PM. 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 PM options, while lower scores highlight more defensive or bearish structures.