For informational and educational purposes only. Not a trading application. Not investment advice. Past performance does not guarantee future results. Forecasts are general model estimates, often wrong, and scored in public.
The median is JPM's put/call volume ratio for contracts within a week over the last 15 sessions. 3,410 put and 2,263 call contracts by 10:09 ET on Nov 4, 2026. Tracked: up to 42 strikes around the money across 15 expirations.
CCalls2,263
PPuts3,410
contracts
Evidence
The numbers behind this snapshot, Nov 4, 2026, 10:09 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)
2,263
PPut volume (contracts)
3,410
CCall open interest, prior settlement
14,935
PPut open interest, prior settlement
14,082
CCall premium, est. (USD)
$298K
PPut premium, est. (USD)
$449K
Put/call volume ratio
1.5x
Days to expiry
2
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): 3,410; Ratio: 1.51
Contracts traded behind each figure
Calls: 13; Puts: 14
Baseline
median put/call volume ratio, contracts within a week: 0.75
Baseline window
last 20 sessions
Baseline n
15
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.