TLN / Talen Energy Corporation - 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	3	677
2025-09-19	10	8,413
2025-09-26	17	594
2025-10-03	24	548
2025-10-10	31	11
2025-10-17	38	3,275
2025-10-24	45	5
2025-11-21	73	5,632
2025-12-19	101	2,176
2026-01-16	129	644
2026-02-20	164	525
2026-03-20	192	1
2026-05-15	248	24
2026-06-18	282	10
2026-08-21	346	2
2026-11-20	437	1
2026-12-18	465	153
2027-06-17	646	52

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-08	23,768	22,789
2025-09-05	24,873	23,884
2025-09-04	24,907	23,083
2025-09-03	24,592	21,869
2025-09-02	24,086	21,345
2025-08-29	25,464	23,643
2025-08-28	25,295	24,411
2025-08-27	24,701	23,042
2025-08-26	23,665	21,210
2025-08-25	23,535	19,601
2025-08-22	24,731	20,473
2025-08-21	24,752	20,545
2025-08-20	23,917	19,428
2025-08-19	23,207	19,850
2025-08-18	21,702	20,321
2025-08-15	29,432	27,848
2025-08-14	28,014	26,567
2025-08-13	27,827	26,369
2025-08-12	27,508	26,097
2025-08-11	27,455	25,640

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
2025-09-08	1,298	23,768		2,272	51,676
2025-09-05	762	24,873		1,531	53,163
2025-09-04	492	24,907		967	52,549
2025-09-03	500	24,592		4,566	49,895
2025-09-02	1,183	24,086		1,139	49,041
2025-08-29	1,217	25,464		996	52,594
2025-08-28	1,797	25,295		1,688	51,894
2025-08-27	796	24,701		2,780	49,977
2025-08-26	1,522	23,665		1,633	49,458
2025-08-25	507	23,535		2,193	48,206
2025-08-22	544	24,731		2,353	48,338
2025-08-21	517	24,752		544	47,994
2025-08-20	3,602	23,917		841	47,911
2025-08-19	1,101	23,207		1,903	47,248
2025-08-18	1,820	21,702		3,969	43,487
2025-08-15	364	29,432		1,655	58,567
2025-08-14	3,360	28,014		2,012	58,341
2025-08-13	357	27,827		1,699	58,268
2025-08-12	837	27,508		951	57,788
2025-08-11	812	27,455		1,890	58,065
2025-08-08	1,205	28,272		1,543	60,450
2025-08-07	1,232	28,152		5,108	58,932
2025-08-06	1,417	27,225		2,869	57,924
2025-08-05	1,917	26,668		1,705	57,804
2025-08-04	2,530	25,806		6,775	54,636

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