The median is MSFT's put/call volume ratio for contracts within a week over the last 8 sessions. 3,906 put and 2,017 call contracts by 09:37 ET on Oct 20, 2026. Tracked: up to 40 strikes around the money across 22 expirations.
CCalls2,017
PPuts3,906
contracts
Evidence
The numbers behind this snapshot, Oct 20, 2026, 09:37 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)
2,017
PPut volume (contracts)
3,906
CCall open interest, prior settlement
16,002
PPut open interest, prior settlement
12,838
CCall premium, est. (USD)
$263K
PPut premium, est. (USD)
$785K
Put/call volume ratio
1.9x
Days to expiry
1
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): 3,906; Ratio: 1.94
Contracts traded behind each figure
Calls: 20; Puts: 24
Baseline
median put/call volume ratio, contracts within a week: 0.695
Baseline window
last 20 sessions
Baseline n
8
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 MSFT's call/put volume ratio for contracts within a week over the last 8 sessions. 3,686 call and 1,417 put contracts by 13:38 ET on Oct 20, 2026. Tracked: up to 40 strikes around the money across 22 expirations.
The median is MSFT's call/put volume ratio for contracts 1 to 3 months out over the last 8 sessions. 3,096 call and 1,233 put contracts by 12:13 ET on Oct 20, 2026. Tracked: up to 40 strikes around the money across 22 expirations.
Within 3 weeks: 23,701 put and 18,317 call contracts. 1 to 3 months out: 1,654 put and 2,313 call contracts. By 09:57 ET on Oct 20, 2026. Tracked: up to 40 strikes around the money across 22 expirations.