The median is QQQ's put/call volume ratio for contracts 1 to 3 months out over the last 11 sessions. 5,981 put and 989 call contracts by 09:35 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.
CCalls989
PPuts5,981
contracts
Evidence
The numbers behind this snapshot, Oct 23, 2026, 09:35 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)
989
PPut volume (contracts)
5,981
CCall open interest, prior settlement
72,635
PPut open interest, prior settlement
315,695
CCall premium, est. (USD)
$1.6M
PPut premium, est. (USD)
$9.6M
Put/call volume ratio
6.0x
Days to expiry
28
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): 5,981; Ratio: 6.05
Contracts traded behind each figure
Calls: 18; Puts: 29
Baseline
median put/call volume ratio, contracts 1 to 3 months out: 1.3
Baseline window
last 20 sessions
Baseline n
11
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 QQQ's put/call volume ratio for contracts within a week over the last 11 sessions. 16,755 put and 5,120 call contracts by 15:54 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 30 expirations.
The median is QQQ's put/call volume ratio for contracts 1 to 3 weeks out over the last 11 sessions. 110,063 put and 47,118 call contracts by 15:20 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.
The median is QQQ's call/put volume ratio for contracts within a week over the last 11 sessions. 7,250 call and 4,315 put contracts by 10:05 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.
The median is QQQ's call/put volume ratio for contracts 1 to 3 weeks out over the last 11 sessions. 7,865 call and 754 put contracts by 09:59 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.
QQQ calls expiring that date in the strikes we track traded 0.9x their open interest, by 09:39 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.
The median is QQQ's call/put volume ratio for contracts 1 to 3 weeks out over the last 11 sessions. 4,302 call and 1,816 put contracts by 09:35 ET on Oct 23, 2026. Tracked: up to 40 strikes around the money across 31 expirations.