SNDK Options Chain, Open Interest, and Volatility Data

SNDK Options Open Interest & Strategy Insights

SNDK – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
180	2567	4564	7131
170	2724	3346	6070
150	3586	2207	5793
200	3121	2628	5749
210	3926	1349	5275
140	2013	3253	5266
190	3021	1785	4806
95	1057	3510	4567
45	2195	2138	4333
160	2907	1285	4192

SNDK – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.98	3.79	91.95%	89.33%	-2.62%

Data Analysis

Symbol: SNDK Current Price: 216.50
Max Pain: 160.00 (above)

📌 Absolute OI Peak: 180.00 (7131 contracts)
🛡️ Short-term Key Levels: 210.00（5275 contracts，major support） , 200.00（5749 contracts，major support） , 190.00（4806 contracts，major support）

📈 Put/Call OI Ratio: 1.98 (bearish, Put OI dominant)
Put/Call Volume Ratio: 3.79 (bearish, Put volume dominant)

📊 Avg Call IV: 91.95%
Avg Put IV: 89.33%
IV Skew: -2.62% (Call IV higher than Put IV by 2.62%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 170.00 (6070 contracts), sentiment: bearish (Put 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	4665	12037	21317	2.580	Moderate Bearish 📉 (30)
2025-11-14	1236	714	2939	0.578	Slight Bullish 📈 (60)
2025-11-21	2958	1041	24721	0.352	Moderate Bullish 📈 (70)
2025-11-28	101	203	843	2.010	Moderate Bearish 📉 (30)
2025-12-05	76	51	288	0.671	Slight Bullish 📈 (60)
2025-12-12	8	4	27	0.500	Slight Bullish 📈 (60)
2025-12-19	1223	639	21215	0.522	Slight Bullish 📈 (60)
2026-01-16	1103	182	7188	0.165	Moderate Bullish 📈 (70) ⚠️
2026-03-20	464	273	6632	0.588	Slight Bullish 📈 (60)
2026-06-18	146	55	1694	0.377	Moderate Bullish 📈 (70)
2026-12-18	18	30	204	1.667	Moderate Bearish 📉 (30)
2027-01-15	62	579	1068	9.339	Moderate Bearish 📉 (30) ⚠️
2028-01-21	69	48	177	0.696	Slight Bullish 📈 (60)
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.