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 $38.27B, listed on NYSE, employing roughly 28,410 people, carrying a beta of 0.27 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 Jun 30, 2026.
- Spot Price
- $16.96
- Call OI
- 1.1M
- Put OI
- 161.7K
- Total OI
- 1.3M
- Put/Call Ratio
- 1.00
As of Jun 30, 2026, PG&E Corporation (PCG) has 1.3M total contracts outstanding across all expirations. Put/call OI ratio is 0.15 (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 30.5% 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 1.00, roughly balanced. Total call OI of 1.1M versus put OI of 161.7K gives a put/call OI ratio of 0.15 - 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 31 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 ~34 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 | 1.1M | 161.7K | 1.3M | 0.15 |
| Jun 25, 2026 | 1.1M | 155.9K | 1.3M | 0.14 |
| Jun 23, 2026 | 1.1M | 152.5K | 1.3M | 0.14 |
| Jun 22, 2026 | 1.1M | 152.0K | 1.3M | 0.14 |
| Jun 18, 2026 | 1.2M | 222.1K | 1.4M | 0.18 |
| Jun 17, 2026 | 1.2M | 225.1K | 1.4M | 0.19 |
| Jun 15, 2026 | 1.2M | 218.5K | 1.4M | 0.18 |
| Jun 12, 2026 | 1.2M | 232.9K | 1.5M | 0.19 |
| Jun 11, 2026 | 1.2M | 232.3K | 1.5M | 0.19 |
| Jun 10, 2026 | 1.2M | 232.0K | 1.4M | 0.19 |
| Jun 5, 2026 | 1.2M | 238.3K | 1.5M | 0.19 |
| Jun 4, 2026 | 1.2M | 238.1K | 1.5M | 0.19 |
| Jun 3, 2026 | 1.2M | 236.7K | 1.5M | 0.19 |
| Jun 1, 2026 | 1.3M | 233.6K | 1.5M | 0.19 |
| May 29, 2026 | 1.3M | 254.7K | 1.5M | 0.20 |
PCG highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $20.00 | Sep 18, 2026 | 128 | 280.8K | 35.8% | $0.27 | $0.35 |
| CALL | $23.00 | Sep 18, 2026 | 93 | 270.0K | 38.5% | $0.08 | $0.09 |
| CALL | $21.00 | Sep 18, 2026 | 0 | 89.1K | 36.5% | $0.16 | $0.23 |
| CALL | $19.00 | Sep 18, 2026 | 72 | 76.0K | 35.6% | $0.47 | $0.51 |
| CALL | $18.00 | Sep 18, 2026 | 39 | 53.2K | 35.7% | $0.78 | $0.84 |
Top 5 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 Jun 30, 2026, PG&E Corporation (PCG) has 1.3M total contracts outstanding across all listed expirations, split as 1.1M calls and 161.7K 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 0.15 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.