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

Explore the USB 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 USB.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from USB Options by Expiration Date

The table below aggregates USB 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
2026-03-27	2332	5778	8110	2.478
2026-04-02	3684	1792	5476	0.486
2026-04-10	3796	1760	5556	0.464
2026-04-17	7187	10209	17396	1.420
2026-04-24	397	202	599	0.509
2026-05-01	202	27	229	0.134
2026-05-15	1581	2527	4108	1.598
2026-06-18	21608	25103	46711	1.162
2026-09-18	15955	7186	23141	0.450
2026-12-18	8720	4179	12899	0.479
2027-01-15	17119	19768	36887	1.155
2027-03-19	332	108	440	0.325
2027-06-17	1099	1411	2510	1.284
2028-01-21	5626	3159	8785	0.562
2028-12-15	694	968	1662	1.395
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for USB 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 USB. 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 USB options, while lower scores highlight more defensive or bearish structures.