The median is SPY's put/call volume ratio for contracts within a week over the last 12 sessions. 138,729 put and 30,094 call contracts by 10:12 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
CCalls30,094
PPuts138,729
contracts
Evidence
The numbers behind this snapshot, Oct 26, 2026, 10:12 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)
30,094
PPut volume (contracts)
138,729
CCall open interest, prior settlement
176,360
PPut open interest, prior settlement
556,866
CCall premium, est. (USD)
$12.0M
PPut premium, est. (USD)
$30.5M
Put/call volume ratio
4.6x
Days to expiry
4
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): 138,729; Ratio: 4.61
Contracts traded behind each figure
Calls: 39; Puts: 37
Baseline
median put/call volume ratio, contracts within a week: 1.235
Baseline window
last 20 sessions
Baseline n
12
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 12 sessions. 60,185 put and 8,552 call contracts by 10:17 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
SPY puts expiring that date in the strikes we track traded 0.5x their open interest, by 09:42 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
The median is SPY's put/call volume ratio for contracts 1 to 3 weeks out over the last 12 sessions. 11,173 put and 1,123 call contracts by 09:37 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
Within 3 weeks: 151,354 put and 174,389 call contracts. 1 to 3 months out: 4,602 put and 2,473 call contracts. By 09:37 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
The median is SPY's put/call volume ratio for contracts within a week over the last 12 sessions. 2,595 put and 749 call contracts by 09:32 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
The median is SPY's call/put volume ratio for contracts within a week over the last 12 sessions. 8,897 call and 5,272 put contracts by 09:32 ET on Oct 26, 2026. Tracked: up to 40 strikes around the money across 34 expirations.