WASTE MANAGEMENT INC (WM) Open Interest

WASTE MANAGEMENT INC (WM) has 18,397 call contracts and 19,434 put contracts open across all listed expirations — a put/call open interest ratio of 1.06. Open interest counts the contracts currently outstanding at each strike. This page shows where WM positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$226.17
52-week range
$196.72 – $248.02
ATM IV (30d)
21.4%
IV rank
16 / 100
Low
Expected move
±$12.67 (±5.6%)
Put/call OI
1.06
Max pain
$220
↓ 2.7% below close
Next earnings
Oct 26, 2026

WM Open Interest by Strike

03.4K6.9K10.3KSpotMax painCall wallPut wall170180190200220240260280

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

Total call open interest18,397
Total put open interest19,434
Put/call OI ratio1.06
Open interest rank (31 day)70 / 100
Call wall (largest call OI)$240
Put wall (largest put OI)$220
Top volume strike$230
Volume / OI ratio0.18

WM Open Interest Trend

6.3K13.8K21.3K28.8K36.4KCall OIPut OIFeb '26May '26Aug '26

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

0.300.510.710.921.12Feb '26May '26Aug '26

WM put/call open interest ratio, past year.

A put/call open interest ratio of 1.06 means calls and puts are outstanding in roughly typical proportions. In total, 18,397 call contracts and 19,434 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.47 in Feb '26 to 1.06 today.

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WM Options FAQ

What is WM's put/call ratio?

WM's put/call open interest ratio is 1.06 as of Aug 24, 2026, with 19,434 put contracts and 18,397 call contracts outstanding.

Which WM strikes have the highest open interest?

As of Aug 24, 2026, the largest call open interest sits at $240 (the call wall) and the largest put open interest sits at $220 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is WM open interest unusually high right now?

WM's total open interest ranks 70 out of 100 versus the past 31 trading days as of Aug 24, 2026 — toward the top of its recent range, so positioning is unusually heavy.

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.