Packaging Corporation of America (PKG) 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.

Packaging Corporation of America (PKG) operates in the Consumer Cyclical sector, specifically the Packaging & Containers industry, with a market capitalization near $19.44B, listed on NYSE, employing roughly 15,400 people, carrying a beta of 0.83 to the broader market. Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. Led by Mark W. Kowlzan, public since 2000-01-28.

Snapshot as of May 15, 2026.

Spot Price
$212.16
Call OI
1.9K
Put OI
1.9K
Total OI
3.8K
Put/Call Ratio
0.04

As of May 15, 2026, Packaging Corporation of America (PKG) has 3.8K total contracts outstanding across all expirations. Put/call OI ratio is 1.02 (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 PKG open interest history Data Feeds Strategy Selection

Strategy selection on Packaging Corporation of America 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 33.4% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 →

Frequently asked PKG open interest history questions

What is the current PKG options open interest?
As of May 15, 2026, Packaging Corporation of America (PKG) has 3.8K total contracts outstanding across all listed expirations, split as 1.9K calls and 1.9K 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 PKG put/call open interest ratio?
Put/call OI ratio of 1.02 is balanced.
What does PKG 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.