IWM · PUTS · JAN 15 '27Session closed

IWM puts expiring Jan 15, 2027 traded 8.8x the calls, vs a 2.3x median

As of , published from Nov 9, 2026, 10:11 ET. Source: delayed broker chain.

On the page at squawkflow.com/options-flow/2026-11-09/iwm-puts-jan-15-2027-put-call-skew: the follow-up at the next settlement and at the Jan 15, 2027 expiry, each added once recorded; the evidence table and the rule that fired; and up to six other IWM snapshots from Nov 9, 2026.

The median is IWM's put/call volume ratio for contracts 1 to 3 months out over the last 20 sessions. 6,371 put and 726 call contracts by 09:56 ET on Nov 9, 2026. Tracked: up to 43 strikes around the money across 33 expirations.

Evidence

The numbers behind this snapshot, Nov 9, 2026, 09:56 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.
MeasureValue
Call volume (contracts)726
Put volume (contracts)6,371
Call open interest, prior settlement343,034
Put open interest, prior settlement662,339
Call premium, est. (USD)$892K
Put premium, est. (USD)$4.8M
Put/call volume ratio8.8x
Days to expiry67

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): 6,371; Ratio: 8.78
Contracts traded behind each figure
Calls: 12; Puts: 11
Baseline
median put/call volume ratio, contracts 1 to 3 months out: 2.325
Baseline window
last 20 sessions
Baseline n
20
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.
Side of chainNear askNear bidOther
Calls093
Puts1001

What happened next

  • Next settlement: Pending the next settlement.
  • Expiry, Jan 15, 2027: Pending expiry.
All IWM snapshots on the hub
  1. IWMPDEC 4Put/call by expiry

    IWM puts expiring Dec 4 traded 7.1x the calls, vs a 2.3x median

    The median is IWM's put/call volume ratio for contracts 1 to 3 months out over the last 20 sessions. 36,196 put and 5,123 call contracts by 15:41 ET on Nov 9, 2026. Tracked: up to 48 strikes around the money across 33 expirations.

    Source: delayed broker chainIWM pageDetails