SCHD / Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF - 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	6	542
2025-09-19	13	3,413
2025-09-26	20	704
2025-10-03	27	258
2025-10-10	34	31
2025-10-17	41	12,801
2025-10-24	48	0
2026-01-16	132	13,756
2026-04-17	223	450
2027-01-15	496	9,907

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-05	43,096	35,427
2025-09-04	42,924	35,298
2025-09-03	42,064	34,989
2025-09-02	41,405	34,755
2025-08-29	42,877	37,619
2025-08-28	42,454	35,519
2025-08-27	42,240	37,042
2025-08-26	41,905	35,097
2025-08-25	40,311	34,662
2025-08-22	41,578	37,166
2025-08-21	41,290	35,568
2025-08-20	40,800	35,285
2025-08-19	40,587	35,207
2025-08-18	39,839	28,574
2025-08-15	42,863	30,842
2025-08-14	42,460	30,753
2025-08-13	41,975	37,042
2025-08-12	42,118	30,738
2025-08-11	41,629	27,857
2025-08-08	42,618	31,015

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
2025-09-05	1,369	43,096		3,408	92,867
2025-09-04	855	42,924		2,683	92,456
2025-09-03	1,858	42,064		3,948	91,669
2025-09-02	1,910	41,405		3,214	90,343
2025-08-29	1,245	42,877		3,378	93,593
2025-08-28	997	42,454		2,369	93,435
2025-08-27	914	42,240		2,456	92,980
2025-08-26	1,228	41,905		2,055	92,482
2025-08-25	2,293	40,311		2,709	91,970
2025-08-22	1,185	41,578		8,490	93,156
2025-08-21	574	41,290		2,045	92,616
2025-08-20	949	40,800		2,564	91,946
2025-08-19	815	40,587		5,248	90,189
2025-08-18	1,514	39,839		2,463	89,094
2025-08-15	807	42,863		3,692	94,991
2025-08-14	1,009	42,460		3,126	94,730
2025-08-13	1,293	41,975		5,782	92,150
2025-08-12	1,014	42,118		4,798	91,490
2025-08-11	1,051	41,629		4,180	90,524
2025-08-08	641	42,618		2,884	92,420
2025-08-07	648	42,394		2,553	91,485
2025-08-06	653	41,930		2,033	90,671
2025-08-05	669	41,480		2,535	89,160
2025-08-04	1,136	40,961		3,075	87,706
2025-08-01	1,493	42,225		4,046	91,489

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