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

Explore the PSX 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 PSX.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from PSX Options by Expiration Date

The table below aggregates PSX 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
2026-10-02	1866	1726	3592	0.925
2026-10-09	806	1003	1809	1.244
2026-10-16	7305	10050	17355	1.376
2026-10-23	371	291	662	0.784
2026-10-30	268	289	557	1.078
2026-11-06	27	25	52	0.926
2026-11-20	5106	5478	10584	1.073
2026-12-18	7074	5658	12732	0.800
2027-01-15	8764	7037	15801	0.803
2027-02-19	1371	767	2138	0.559
2027-03-19	1314	1475	2789	1.123
2027-05-21	177	97	274	0.548
2027-06-17	1716	2976	4692	1.734
2027-08-20	189	7	196	0.037
2027-09-17	130	34	164	0.262
2027-11-19	99	79	178	0.798
2028-01-21	4300	2741	7041	0.637
2029-01-19	1128	49	1177	0.043
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for PSX 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 PSX. 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 PSX options, while lower scores highlight more defensive or bearish structures.