JPMorgan Chase & Co. (JPM) 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.
JPMorgan Chase & Co. (JPM) operates in the Financial Services sector, specifically the Banks - Diversified industry, with a market capitalization near $929.55B, listed on NYSE, employing roughly 318,512 people, carrying a beta of 0.98 to the broader market. JPMorgan Chase & Co. Led by James Dimon, public since 1980-03-17.
Snapshot as of Jul 16, 2026.
- Spot Price
- $341.91
- Call OI
- 357.0K
- Put OI
- 395.8K
- Total OI
- 752.8K
- Put/Call Ratio
- 0.77
As of Jul 16, 2026, JPMorgan Chase & Co. (JPM) has 752.8K total contracts outstanding across all expirations. Put/call OI ratio is 1.11 (balanced 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 JPM open interest history Data Feeds Strategy Selection
Strategy selection on JPMorgan Chase & Co. 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 22.9% 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 JPM open-interest data
The open-interest time-series above tracks the total JPMorgan Chase & Co. 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 0.77, roughly balanced. Total call OI of 357.0K versus put OI of 395.8K gives a put/call OI ratio of 1.11 - structurally a slower-moving signal than the volume-based ratio.
JPM 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 JPM 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 JPM sits at 29 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 JPM options over the last ~29 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 |
|---|---|---|---|---|
| Jul 16, 2026 | 357.0K | 395.8K | 752.8K | 1.11 |
| Jul 15, 2026 | 352.1K | 390.2K | 742.3K | 1.11 |
| Jul 14, 2026 | 344.3K | 380.1K | 724.4K | 1.10 |
| Jul 13, 2026 | 329.5K | 361.2K | 690.7K | 1.10 |
| Jul 10, 2026 | 352.4K | 368.1K | 720.5K | 1.04 |
| Jul 9, 2026 | 348.0K | 366.1K | 714.0K | 1.05 |
| Jul 8, 2026 | 340.1K | 356.0K | 696.1K | 1.05 |
| Jul 7, 2026 | 342.2K | 351.9K | 694.1K | 1.03 |
| Jul 6, 2026 | 325.0K | 345.6K | 670.6K | 1.06 |
| Jul 2, 2026 | 342.2K | 357.1K | 699.3K | 1.04 |
| Jul 1, 2026 | 335.5K | 352.7K | 688.2K | 1.05 |
| Jun 29, 2026 | 317.6K | 343.8K | 661.3K | 1.08 |
| Jun 26, 2026 | 333.5K | 355.5K | 689.1K | 1.07 |
| Jun 24, 2026 | 318.0K | 360.3K | 678.3K | 1.13 |
| Jun 23, 2026 | 308.2K | 355.8K | 664.1K | 1.15 |
JPM highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $340.00 | Jul 17, 2026 | 1.1K | 10.3K | 28.6% | $3.00 | $3.45 |
| CALL | $345.00 | Jul 17, 2026 | 1.8K | 6.2K | 27.6% | $0.79 | $1.01 |
Top 2 contracts from the institutional-grade nightly options scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked JPM open interest history questions
- What is the current JPM options open interest?
- As of Jul 16, 2026, JPMorgan Chase & Co. (JPM) has 752.8K total contracts outstanding across all listed expirations, split as 357.0K calls and 395.8K 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 JPM put/call open interest ratio?
- Put/call OI ratio of 1.11 is balanced.
- What does JPM 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.