AXP / American Express Company - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-12	7	1,907
2025-09-19	14	18,620
2025-09-26	21	1,193
2025-10-03	28	479
2025-10-10	35	107
2025-10-17	42	6,468
2025-10-24	49	0
2025-11-21	77	3,930
2025-12-19	105	1,453
2026-01-16	133	26,100
2026-03-20	196	5,170
2026-04-17	224	116
2026-05-15	252	480
2026-06-18	286	4,805
2026-09-18	378	810
2026-12-18	469	4,126
2027-01-15	497	5,350

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-04	94,483	90,583
2025-09-03	91,674	86,731
2025-09-02	89,363	86,393
2025-08-29	89,549	87,267
2025-08-28	87,840	85,738
2025-08-27	85,973	83,864
2025-08-26	85,185	80,609
2025-08-25	83,664	78,677
2025-08-22	83,326	79,247
2025-08-21	83,048	71,392
2025-08-20	82,480	70,905
2025-08-19	80,719	70,015
2025-08-18	79,351	69,066
2025-08-15	91,698	77,316
2025-08-14	91,008	76,977
2025-08-13	89,943	76,149
2025-08-12	88,482	73,964
2025-08-11	85,532	60,448
2025-08-08	88,036	63,281
2025-08-07	86,597	60,354

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-04	6,583	94,483		6,393	177,345
2025-09-03	10,224	91,674		5,945	176,395
2025-09-02	9,854	89,363		5,929	175,087
2025-08-29	12,588	89,549		11,921	176,335
2025-08-28	4,785	87,840		7,395	174,925
2025-08-27	4,746	85,973		3,834	175,009
2025-08-26	2,519	85,185		7,647	174,217
2025-08-25	4,197	83,664		4,157	173,743
2025-08-22	11,558	83,326		12,724	175,830
2025-08-21	1,921	83,048		2,364	175,287
2025-08-20	2,431	82,480		4,162	173,418
2025-08-19	3,962	80,719		3,854	171,593
2025-08-18	3,298	79,351		3,189	170,274
2025-08-15	6,539	91,698		9,672	185,728
2025-08-14	3,374	91,008		4,879	184,272
2025-08-13	9,611	89,943		11,500	183,396
2025-08-12	12,292	88,482		11,046	181,305
2025-08-11	5,059	85,532		2,886	180,553
2025-08-08	3,972	88,036		4,380	183,800
2025-08-07	4,175	86,597		9,564	181,343
2025-08-06	2,033	86,312		3,586	180,229
2025-08-05	2,486	85,663		3,174	179,886
2025-08-04	3,512	84,455		6,319	177,824
2025-08-01	7,029	85,905		9,031	184,441
2025-07-31	8,139	83,862		5,992	183,287

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily