SNY Options Chain, Open Interest, and Volatility Data

SNY Options Open Interest & Strategy Insights

SNY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
50	3467	6943	10410
47.5	844	8487	9331
45	1111	7146	8257
52.5	3308	3192	6500
60	5816	260	6076
42.5	311	5722	6033
57.5	4429	1069	5498
55	4127	683	4810
40	218	1291	1509
37.5	17	1133	1150

SNY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.46	8.39	36.16%	34.81%	-1.34%

Data Analysis

Symbol: SNY Current Price: 49.00
Max Pain: 47.50 (above)

📌 Absolute OI Peak: 50.00 (10410 contracts)
🛡️ Short-term Key Levels: 47.50（9331 contracts，minor support） , 45.00（8257 contracts，major support） , 42.50（6033 contracts，major support）

📈 Put/Call OI Ratio: 1.46 (bearish, Put OI dominant)
Put/Call Volume Ratio: 8.39 (bearish, Put volume dominant)

📊 Avg Call IV: 36.16%
Avg Put IV: 34.81%
IV Skew: -1.34% (Call IV higher than Put IV by 1.34%, 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	12	40	7244	3.333	Moderate Bearish 📉 (30) ⚠️
2025-12-19	49	46	7690	0.939	Neutral ⚖️ (50)
2026-01-16	60	19	16413	0.317	Moderate Bullish 📈 (70)
2026-03-20	20	20	2131	1.000	Neutral ⚖️ (50)
2026-06-18	41	295	5091	7.195	Moderate Bearish 📉 (30) ⚠️
2027-01-15	68	218	6737	3.206	Moderate Bearish 📉 (30) ⚠️
2028-01-21	4	693	2088	173.250	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.