VLY Options Chain, Open Interest, and Volatility Data

VLY Options Open Interest & Strategy Insights

VLY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
11	56452	3851	60303
12	17307	231	17538
10	8958	4953	13911
7	434	2966	3400
9	943	2166	3109
5	58	1823	1881
2	0	727	727
13	652	0	652
3	0	513	513
8	218	289	507

VLY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.14	0.81	52.80%	53.04%	0.24%

Data Analysis

Symbol: VLY Current Price: 10.93
Max Pain: 12.00 (below)

📌 Absolute OI Peak: 11.00 (60303 contracts)
🛡️ Short-term Key Levels: 10.00（13911 contracts，minor support） , 9.00（3109 contracts，minor support） , 8.00（507 contracts，major support）

📈 Put/Call OI Ratio: 0.14 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.81 (bullish, Call volume dominant)

📊 Avg Call IV: 52.80%
Avg Put IV: 53.04%
IV Skew: 0.24% (Call and Put IV are close, neutral expectation)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-21	148	18	4713	0.122	Moderate Bullish 📈 (70) ⚠️
2025-12-19	22	285	4475	12.955	Moderate Bearish 📉 (30) ⚠️
2026-01-16	31	491	67763	15.839	Strong Bearish 📉💥 (15) ⚠️
2026-03-20	51	62	4130	1.216	Slight Bearish 📉 (40)
2026-06-18	36	7	111	0.194	Moderate Bullish 📈 (70) ⚠️
2027-01-15	11	143	7428	13.000	Moderate Bearish 📉 (30) ⚠️
2028-01-21	60	3	36	0.050	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.