## Today's flow

For Nov 5, 2026, the latest published board is for Nov 4, 2026, captured Nov 4, 2026, 16:14 ET. [Read the current flow board](https://squawkflow.com/options-flow).

- QQQ Nov 4 P: est. $577.5M on 3,241,413 contracts, captured Nov 4, 2026, 16:14 ET.
- SPY Nov 4 P: est. $239.6M on 4,472,244 contracts, captured Nov 4, 2026, 16:14 ET.
- QQQ Nov 6 P: est. $178.9M on 333,195 contracts, captured Nov 4, 2026, 16:14 ET.

Largest estimated-premium cells from delayed option chain snapshots, published at least 15 minutes after capture. Session totals, not individual trades.

## Archived session

# SPY calls outnumbered puts 1.8 to 1 expiring Nov 3 (same day), vs a 1.0 median

This snapshot was captured Nov 3, 2026, 09:37 ET. A newer board, captured Nov 4, 2026, 16:14 ET (1 trading session later), is at https://squawkflow.com/options-flow.

As of Nov 3, 2026, 09:37 ET: SPY calls outnumbered puts 1.8 to 1 expiring Nov 3 (same day), vs a 1.0 median.
On the page at https://squawkflow.com/options-flow/2026-11-03/spy-calls-nov-3-2026-put-call-skew: the follow-up recorded at Nov 4, 2026, 08:07 ET; the evidence table and the rule that fired; and up to six other SPY snapshots from Nov 3, 2026.

The median is SPY's call/put volume ratio for contracts same day over the last 17 sessions. 144,771 call and 81,551 put contracts by 09:37 ET on Nov 3, 2026. Tracked: up to 40 strikes around the money across 34 expirations. Source: delayed broker chain.

- Session: 2026-11-03
- Kind: Put/call by expiry
- Status: Expired
- Expiry: 2026-11-03 (same day)
- Rule: call/put volume >= max(1.5, 1.75 x baseline median); call volume >= 2000
- Baseline: median call/put volume ratio, contracts same day, last 20 sessions, n = 17, value 1

| Metric | Value |
|---|---:|
| callOpenInterest | 137450 |
| callPremiumEst | 18169195 |
| callToPutVolumeRatio | 1.78 |
| callVolume | 144771 |
| daysToExpiry | 0 |
| putOpenInterest | 141008 |
| putPremiumEst | 8238786 |
| putVolume | 81551 |

## What happened next

- Next settlement: pending the next settlement.
- Expiry: Expired Nov 3. SPY was 763.09 at the Nov 3 settlement capture; 91% of this snapshot's calls volume was in strikes that finished in the money.

Caveat: 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.

Session page: https://squawkflow.com/options-flow/2026-11-03

## Citation

Source: SquawkFlow, https://squawkflow.com/options-flow/2026-11-03/spy-calls-nov-3-2026-put-call-skew
Retrieved: 2026-11-05 04:43 ET
Attribution: cite the page URL rather than a copied number. Levels are
recomputed every session, so a number without its date is wrong within a day.

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