# QQQ puts expiring Nov 20 traded 2.4x the calls, vs a 1.2x median

As of Oct 15, 2026, 09:39 ET: QQQ puts expiring Nov 20 traded 2.4x the calls, vs a 1.2x median. The evidence table and the rule that fired are at https://squawkflow.com/options-flow/2026-10-15/qqq-puts-nov-20-2026-put-call-skew, with the follow-up recorded at Oct 16, 2026, 08:30 ET.

The median is QQQ's put/call volume ratio for contracts 1 to 3 months out over the last 5 sessions. 7,078 put and 2,965 call contracts by 09:39 ET on Oct 15, 2026. Tracked: up to 40 strikes around the money across 32 expirations. Source: Schwab options chain.

- Session: 2026-10-15
- Kind: Put/call by expiry
- Status: Settled
- Expiry: 2026-11-20 (1 to 3 months)
- Rule: put/call volume >= max(1.5, 1.75 x baseline median); put volume >= 2000
- Baseline: median put/call volume ratio, contracts 1 to 3 months out, last 20 sessions, n = 5, value 1.17

| Metric | Value |
|---|---:|
| callOpenInterest | 58933 |
| callPremiumEst | 4850319 |
| callVolume | 2965 |
| daysToExpiry | 36 |
| putOpenInterest | 234300 |
| putPremiumEst | 10362134 |
| putToCallVolumeRatio | 2.39 |
| putVolume | 7078 |

## What happened next

- Next settlement: Open interest in QQQ puts expiring Nov 20 rose 33,171 at the Oct 15 settlement, to 778,558.
- Expiry: pending expiry.

Caveat: Session volume from delayed options chain snapshots, published at least 15 minutes after capture. Totals cover the strikes captured around the money, not every listed strike. Not individual trades. Premium is an estimate: volume times the quote midpoint.

Session page: https://squawkflow.com/options-flow/2026-10-15

## Citation

Source: SquawkFlow, https://squawkflow.com/options-flow/2026-10-15/qqq-puts-nov-20-2026-put-call-skew
Retrieved: 2026-10-17 06:53 ET
Attribution: cite the page URL rather than a copied number. Levels are
recomputed every session, so a number without its date is wrong within a day.

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