PennyMac Mortgage Investment Trust (PMT) Open Interest

PennyMac Mortgage Investment Trust (PMT) has 9,478 call contracts and 23,585 put contracts open across all listed expirations — a put/call open interest ratio of 2.49. Open interest counts the contracts currently outstanding at each strike. This page shows where PMT positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$10.27
52-week range
$9.16 – $13.81
ATM IV (30d)
232.6%
IV rank
57 / 100
Moderate
Expected move
±$3.31 (±32.2%)
Put/call OI
2.49
Put-heavy
Max pain
$10
↓ 2.6% below close
Next earnings
Aug 2, 2026

PMT Open Interest by Strike

03.1K6.1K9.2KSpotMax painCall wallPut wall7.501012.50

PMT open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest9,478
Total put open interest23,585
Put/call OI ratio2.49
Open interest rank (31 day)18 / 100
Call wall (largest call OI)$12.5
Put wall (largest put OI)$7.5
Top volume strike$12.5
Volume / OI ratio0.14

PMT Open Interest Trend

1.6K11.2K20.7K30.2K39.7KCall OIPut OIFeb '26May '26Jul '26

PMT total call vs. put open interest, past year.

0.852.584.326.057.79Feb '26May '26Jul '26

PMT put/call open interest ratio, past year.

A put/call open interest ratio of 2.49 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 9,478 call contracts and 23,585 put contracts are open across all listed expirations. The put/call OI ratio has fallen from 6.42 in Feb '26 to 2.49 today.

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PMT Options FAQ

What is PMT's put/call ratio?

PMT's put/call open interest ratio is 2.49 as of Jul 10, 2026, with 23,585 put contracts and 9,478 call contracts outstanding.

Which PMT strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $12.5 (the call wall) and the largest put open interest sits at $7.5 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is PMT open interest unusually high right now?

PMT's total open interest ranks 18 out of 100 versus the past 31 trading days as of Jul 10, 2026 — toward the bottom of its recent range, so positioning is comparatively light.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.