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

Explore the TAP 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 TAP.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from TAP Options by Expiration Date

The table below aggregates TAP 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
2026-02-20	4036	35922	39958	8.900
2026-03-20	635	225	860	0.354
2026-04-17	1974	1620	3594	0.821
2026-06-18	1722	3474	5196	2.017
2026-07-17	557	122	679	0.219
2027-01-15	1758	2241	3999	1.275
2028-01-21	361	513	874	1.421
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for TAP 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 TAP. 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 TAP options, while lower scores highlight more defensive or bearish structures.