SPY · CALLS · NOV 20Session closed

SPY calls outnumbered puts 4.0 to 1 expiring Nov 20 (1 week out), vs a 0.7 median

As of , published from Nov 11, 2026, 09:47 ET. Source: delayed broker chain.

On the page at squawkflow.com/options-flow/2026-11-11/spy-calls-nov-20-2026-put-call-skew: the follow-up at the next settlement and at the Nov 20, 2026 expiry, each added once recorded; the evidence table and the rule that fired; and up to six other SPY snapshots from Nov 11, 2026.

The median is SPY's call/put volume ratio for contracts 1 to 3 weeks out over the last 20 sessions. 3,618 call and 896 put contracts by 09:32 ET on Nov 11, 2026. Tracked: up to 40 strikes around the money across 35 expirations.

Evidence

The numbers behind this snapshot, Nov 11, 2026, 09:32 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)3,618
Put volume (contracts)896
Call open interest, prior settlement213,882
Put open interest, prior settlement338,876
Call premium, est. (USD)$2.4M
Put premium, est. (USD)$407K
Call/put volume ratio4.0x
Days to expiry9

Why it fired

Rule
call/put volume >= max(1.5, 1.75 x baseline median); call volume >= 2000
Values that cleared it
Call volume (contracts): 3,618; Ratio: 4.04
Contracts traded behind each figure
Calls: 34; Puts: 23
Baseline
median call/put volume ratio, contracts 1 to 3 weeks out: 0.6944
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
Calls4228
Puts2021

What happened next

  • Next settlement: Pending the next settlement.
  • Expiry, Nov 20, 2026: Pending expiry.
All SPY snapshots on the hub