PG&E Corporation (PCG) 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.
PG&E Corporation (PCG) operates in the Utilities sector, specifically the Regulated Electric industry, with a market capitalization near $46.58B, listed on NYSE, employing roughly 29,010 people, carrying a beta of 0.28 to the broader market. PG&E Corporation operates as a holding company, overseeing the generation, transmission, and distribution of electricity and natural gas to its clientele. Led by Patricia Kessler Poppe, public since 1972-06-01.
Snapshot as of Aug 14, 2026.
- Spot Price
- $17.80
- Call OI
- 1.6M
- Put OI
- 268.8K
- Total OI
- 1.9M
- Put/Call Ratio
- 0.24
As of Aug 14, 2026, PG&E Corporation (PCG) has 1.9M total contracts outstanding across all expirations. Put/call OI ratio is 0.17 (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 PCG open interest history Data Feeds Strategy Selection
Strategy selection on PG&E 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 52.8% 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 PCG open-interest data
The open-interest time-series above tracks the total PG&E 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 0.24, call-heavy - speculative or bullish positioning dominates. Total call OI of 1.6M versus put OI of 268.8K gives a put/call OI ratio of 0.17 - structurally a slower-moving signal than the volume-based ratio.
PCG 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 PCG 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 PCG sits at 28 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 PCG options over the last ~27 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 |
|---|---|---|---|---|
| Aug 14, 2026 | 1.6M | 268.8K | 1.9M | 0.17 |
| Aug 13, 2026 | 1.6M | 253.5K | 1.8M | 0.16 |
| Aug 12, 2026 | 1.6M | 245.6K | 1.8M | 0.16 |
| Aug 11, 2026 | 1.5M | 234.4K | 1.8M | 0.15 |
| Aug 10, 2026 | 1.5M | 229.4K | 1.7M | 0.15 |
| Aug 7, 2026 | 1.4M | 228.5K | 1.6M | 0.17 |
| Aug 6, 2026 | 1.4M | 224.3K | 1.6M | 0.16 |
| Aug 5, 2026 | 1.3M | 224.2K | 1.5M | 0.17 |
| Aug 4, 2026 | 1.4M | 211.7K | 1.6M | 0.15 |
| Jul 30, 2026 | 1.1M | 209.8K | 1.3M | 0.18 |
| Jul 29, 2026 | 1.2M | 207.0K | 1.4M | 0.18 |
| Jul 28, 2026 | 1.1M | 200.2K | 1.3M | 0.18 |
| Jul 27, 2026 | 1.1M | 195.6K | 1.3M | 0.17 |
| Jul 24, 2026 | 1.1M | 197.1K | 1.3M | 0.17 |
| Jul 23, 2026 | 1.1M | 192.8K | 1.3M | 0.17 |
PCG highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $20.00 | Sep 18, 2026 | 4.5K | 298.1K | 53.9% | $0.41 | $0.47 |
| CALL | $19.00 | Sep 18, 2026 | 5.3K | 147.6K | 51.4% | $0.64 | $0.74 |
| CALL | $25.00 | Sep 18, 2026 | 510 | 145.2K | 65.3% | $0.05 | $0.13 |
| CALL | $24.00 | Sep 18, 2026 | 5.8K | 144.0K | 61.7% | $0.08 | $0.14 |
| CALL | $23.00 | Sep 18, 2026 | 5.0K | 103.3K | 59.4% | $0.11 | $0.15 |
| CALL | $22.00 | Sep 18, 2026 | 185 | 95.9K | 57.6% | $0.16 | $0.21 |
| CALL | $21.00 | Sep 18, 2026 | 173 | 89.3K | 55.6% | $0.27 | $0.34 |
| CALL | $18.00 | Sep 18, 2026 | 1.5K | 58.7K | 51.2% | $1.01 | $1.13 |
Top 8 contracts from the institutional-grade nightly options scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked PCG open interest history questions
- What is the current PCG options open interest?
- As of Aug 14, 2026, PG&E Corporation (PCG) has 1.9M total contracts outstanding across all listed expirations, split as 1.6M calls and 268.8K 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 PCG put/call open interest ratio?
- Put/call OI ratio of 0.17 is call-heavy, often a directional bullish or upside-speculation signal.
- What does PCG 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.