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 $36.56B, listed on NYSE, employing roughly 28,410 people, carrying a beta of 0.29 to the broader market. PG&E Corp. Led by Patricia Kessler Poppe, public since 1972-06-01.
Snapshot as of May 15, 2026.
- Spot Price
- $16.19
- Call OI
- 1.2M
- Put OI
- 203.0K
- Total OI
- 1.4M
- Put/Call Ratio
- 0.88
As of May 15, 2026, PG&E Corporation (PCG) has 1.4M 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 30.9% 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.
Learn how open interest is reported and how to read the data →
PCG highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $20.00 | Sep 18, 2026 | 324 | 282.6K | 36.7% | $0.36 | $0.40 |
| CALL | $23.00 | Sep 18, 2026 | 234 | 272.1K | 37.4% | $0.11 | $0.12 |
| CALL | $21.00 | Sep 18, 2026 | 6 | 98.7K | 36.8% | $0.24 | $0.27 |
| CALL | $27.00 | Sep 18, 2026 | 0 | 66.3K | 40.6% | $0.01 | $0.11 |
| CALL | $19.00 | Sep 18, 2026 | 25 | 65.2K | 36.6% | $0.51 | $0.64 |
| CALL | $18.00 | Jun 18, 2026 | 223 | 55.4K | 30.9% | $0.08 | $0.17 |
Top 6 contracts from the ORATS-sourced nightly 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 May 15, 2026, PG&E Corporation (PCG) has 1.4M total contracts outstanding across all listed expirations, split as 1.2M calls and 203.0K 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.