The median is SPY's put/call volume ratio for contracts within a week over the last 6 sessions. 5,025 put and 2,206 call contracts by 09:42 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
CCalls2,206
PPuts5,025
contracts
Evidence
The numbers behind this snapshot, Oct 16, 2026, 09:42 ET. 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.
Measure
Value
CCall volume (contracts)
2,206
PPut volume (contracts)
5,025
CCall open interest, prior settlement
37,784
PPut open interest, prior settlement
26,199
CCall premium, est. (USD)
$468K
PPut premium, est. (USD)
$959K
Put/call volume ratio
2.3x
Days to expiry
5
Why it fired
Rule
put/call volume >= max(1.5, 1.75 x baseline median); put volume >= 2000
Values that cleared it
Put volume (contracts): 5,025; Ratio: 2.28
Contracts traded behind each figure
Calls: 34; Puts: 30
Baseline
median put/call volume ratio, contracts within a week: 1.26
Baseline window
last 20 sessions
Baseline n
6
Claim level
2, compared with a baseline
Last-trade position, raw counts
Count of contracts whose single last trade sat near the ask or bid. Not the side of the session's volume. It is not used in the headline.
Count of contracts by where their single last trade sat against the quote.
The median is SPY's put/call volume ratio for contracts 1 to 3 months out over the last 6 sessions. 41,279 put and 15,951 call contracts by 15:57 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 32 expirations.
The median is SPY's put/call volume ratio for contracts 1 to 3 weeks out over the last 6 sessions. 157,210 put and 60,227 call contracts by 15:52 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
SPY puts expiring that date in the strikes we track traded 0.8x their open interest, by 09:52 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
Within 3 weeks: 386,752 put and 334,031 call contracts. 1 to 3 months out: 10,797 put and 4,303 call contracts. By 09:47 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
The median is SPY's put/call volume ratio for contracts 1 to 3 months out over the last 6 sessions. 5,076 put and 1,667 call contracts by 09:42 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
The median is SPY's call/put volume ratio for contracts within a week over the last 6 sessions. 3,462 call and 1,575 put contracts by 09:37 ET on Oct 16, 2026. Tracked: up to 40 strikes around the money across 33 expirations.