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

Explore the Z 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 Z.

Market Sentiment from Z Options by Expiration Date

The table below aggregates Z 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
2026-01-16 65413 21857 87270 0.334
2026-02-20 7093 6239 13332 0.880
2026-03-20 9063 7627 16690 0.842
2026-05-15 1845 1301 3146 0.705
2026-06-18 17683 15853 33536 0.897
2026-08-21 5 3 8 0.600
2026-09-18 1807 801 2608 0.443
2026-12-18 149 24 173 0.161
2027-01-15 7565 3009 10574 0.398
2028-01-21 960 76 1036 0.079

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for Z 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 Z.
  • 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 Z options, while lower scores highlight more defensive or bearish structures.