SNAP Options Chain, Open Interest, and Volatility Data

SNAP Options Open Interest & Strategy Insights

SNAP – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
10	306124	54114	360238
8	157717	100367	258084
7	67354	153983	221337
13	189479	2976	192455
9	143548	45863	189411
15	126580	4942	131522
12	115440	13612	129052
6	17648	73116	90764
20	87909	119	88028
25	74266	9	74275

SNAP – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.93	0.42	83.59%	77.72%	-5.86%

Data Analysis

Symbol: SNAP Current Price: 7.30
Max Pain: 13.00 (below)

📌 Absolute OI Peak: 10.00 (360238 contracts)
🛡️ Short-term Key Levels: 7.00（221337 contracts，minor support） , 6.00（90764 contracts，minor support） , 8.00（258084 contracts，minor resistance）

📈 Put/Call OI Ratio: 0.93 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.42 (bullish, Call volume dominant)

📊 Avg Call IV: 83.59%
Avg Put IV: 77.72%
IV Skew: -5.86% (Call IV higher than Put IV by 5.86%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 10.00 (360238 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	141069	74072	224845	0.525	Moderate Bullish 📈 (65) ⚠️
2025-11-14	23069	12547	38837	0.544	Slight Bullish 📈 (60)
2025-11-21	23611	21373	216520	0.905	Neutral ⚖️ (50) ⚠️
2025-11-28	3013	735	8682	0.244	Moderate Bullish 📈 (70) ⚠️
2025-12-05	1332	246	1251	0.185	Moderate Bullish 📈 (70) ⚠️
2025-12-12	85	2039	220	23.988	Moderate Bearish 📉 (30) ⚠️
2025-12-19	31935	4553	163581	0.143	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	25626	3610	456817	0.141	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	10938	264	135047	0.024	Strong Bullish 📈💥 (85) ⚠️
2026-04-17	2428	4864	42168	2.003	Moderate Bearish 📉 (30)
2026-06-18	6003	847	274548	0.141	Strong Bullish 📈💥 (85) ⚠️
2026-09-18	79	47	23728	0.595	Slight Bullish 📈 (60)
2027-01-15	7535	753	242277	0.100	Strong Bullish 📈💥 (85) ⚠️
2028-01-21	754	330	14488	0.438	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.