Citizens & Northern Corporation (CZNC) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
Citizens & Northern Corporation (CZNC) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $420.9M, listed on NASDAQ, employing roughly 386 people, carrying a beta of 0.42 to the broader market. Citizens & Northern Corporation operates as the holding company for Citizens & Northern Bank, which offers a comprehensive suite of banking and mortgage services to both individual and corporate clients. Led by J. Bradley Scovill, public since 1994-04-05.
Snapshot as of Jun 30, 2026.
- Spot Price
- $23.42
- Call OI
- 186
- Put OI
- 41
- Total OI
- 227
- Put/Call Ratio
- 0.00
As of Jun 30, 2026, Citizens & Northern Corporation (CZNC) has 227 total contracts outstanding across all expirations. Put/call OI ratio is 0.22 (call-heavy positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How CZNC open interest history Data Feeds Strategy Selection
Strategy selection on Citizens & Northern Corporation options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 108.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the CZNC open-interest data
The open-interest time-series above tracks the total Citizens & Northern Corporation options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Current put/call ratio is 0.00, call-heavy - speculative or bullish positioning dominates. Total call OI of 186 versus put OI of 41 gives a put/call OI ratio of 0.22 - structurally a slower-moving signal than the volume-based ratio.
CZNC flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using CZNC OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for CZNC sits at 17 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for CZNC options over the last ~41 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| Jun 30, 2026 | 186 | 41 | 227 | 0.22 |
| Jun 29, 2026 | 186 | 41 | 227 | 0.22 |
| Jun 26, 2026 | 175 | 41 | 216 | 0.23 |
| Jun 25, 2026 | 175 | 41 | 216 | 0.23 |
| Jun 24, 2026 | 175 | 41 | 216 | 0.23 |
| Jun 23, 2026 | 164 | 41 | 205 | 0.25 |
| Jun 22, 2026 | 161 | 41 | 202 | 0.25 |
| Jun 18, 2026 | 297 | 46 | 343 | 0.15 |
| Jun 17, 2026 | 297 | 46 | 343 | 0.15 |
| Jun 16, 2026 | 295 | 46 | 341 | 0.16 |
| Jun 15, 2026 | 295 | 46 | 341 | 0.16 |
| Jun 12, 2026 | 295 | 46 | 341 | 0.16 |
| Jun 11, 2026 | 295 | 46 | 341 | 0.16 |
| Jun 10, 2026 | 294 | 46 | 340 | 0.16 |
| Jun 9, 2026 | 298 | 46 | 344 | 0.15 |
Frequently asked CZNC open interest history questions
- What is the current CZNC options open interest?
- As of Jun 30, 2026, Citizens & Northern Corporation (CZNC) has 227 total contracts outstanding across all listed expirations, split as 186 calls and 41 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the CZNC put/call open interest ratio?
- Put/call OI ratio of 0.22 is call-heavy, often a directional bullish or upside-speculation signal.
- What does CZNC open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.