The median is SPY's put/call volume ratio for contracts within a week over the last 9 sessions. 2,039 put and 764 call contracts by 09:32 ET on Oct 21, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
CCalls764
PPuts2,039
contracts
Evidence
The numbers behind this snapshot, Oct 21, 2026, 09:32 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)
764
PPut volume (contracts)
2,039
CCall open interest, prior settlement
23,840
PPut open interest, prior settlement
15,661
CCall premium, est. (USD)
$302K
PPut premium, est. (USD)
$626K
Put/call volume ratio
2.7x
Days to expiry
6
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): 2,039; Ratio: 2.67
Contracts traded behind each figure
Calls: 20; Puts: 22
Baseline
median put/call volume ratio, contracts within a week: 1.24
Baseline window
last 20 sessions
Baseline n
9
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 weeks out over the last 9 sessions. 59,078 put and 5,695 call contracts by 09:47 ET on Oct 21, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
SPY calls expiring that date in the strikes we track traded 1.7x their open interest, by 09:42 ET on Oct 21, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
The median is SPY's call/put volume ratio for contracts 1 to 3 weeks out over the last 9 sessions. 4,208 call and 2,115 put contracts by 09:42 ET on Oct 21, 2026. Tracked: up to 40 strikes around the money across 33 expirations.
The median is SPY's put/call volume ratio for contracts within a week over the last 9 sessions. 3,084 put and 621 call contracts by 09:32 ET on Oct 21, 2026. Tracked: up to 40 strikes around the money across 33 expirations.