SBSW Options Chain, Open Interest, and Volatility Data

SBSW Options Open Interest & Strategy Insights

SBSW – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
10	42510	11337	53847
12	26643	6560	33203
5	21874	11274	33148
15	26359	437	26796
2.5	6200	19815	26015
7.5	17332	4752	22084
7	14166	4398	18564
9	7734	10083	17817
11	10912	4057	14969
20	14494	0	14494

SBSW – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.27	0.31	75.72%	72.05%	-3.68%

Data Analysis

Symbol: SBSW Current Price: 10.02
Max Pain: 12.00 (below)

📌 Absolute OI Peak: 10.00 (53847 contracts)
🛡️ Short-term Key Levels: 9.00（17817 contracts，minor support） , 7.50（22084 contracts，major support） , 7.00（18564 contracts，major support）

📈 Put/Call OI Ratio: 0.27 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.31 (bullish, Call volume dominant)

📊 Avg Call IV: 75.72%
Avg Put IV: 72.05%
IV Skew: -3.68% (Call IV higher than Put IV by 3.68%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-21	535	375	36435	0.701	Slight Bullish 📈 (60)
2025-12-19	154	145	5010	0.942	Neutral ⚖️ (50)
2026-01-16	1062	162	100008	0.153	Strong Bullish 📈💥 (85) ⚠️
2026-04-17	404	46	15605	0.114	Moderate Bullish 📈 (70) ⚠️
2027-01-15	33	80	30177	2.424	Moderate Bearish 📉 (30)
2028-01-21	4	11	2634	2.750	Moderate Bearish 📉 (30)
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.