## Today's flow

For Nov 12, 2026, the published board is for this session, captured Nov 12, 2026, 16:14 ET. [Read the current flow board](https://squawkflow.com/options-flow).

- SPY Nov 12 P: est. $536.9M on 4,307,850 contracts, captured Nov 12, 2026, 16:14 ET.
- NVDA Nov 13 P: est. $463.9M on 1,669,169 contracts, captured Nov 12, 2026, 15:56 ET.
- NVDA Nov 13 C: est. $434.1M on 1,773,039 contracts, captured Nov 12, 2026, 15:56 ET.

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

## Archived session

# Unusual options activity on Nov 12, 2026

This page is the archive of the Nov 12, 2026 session. The current board is at https://squawkflow.com/options-flow.

As of Nov 12, 2026, 16:14 ET, SquawkFlow had published 119 snapshots of unusual options activity for Nov 12, 2026, 119 from delayed options chain data; the session is not complete and more may follow. Chain figures are session totals published at least 15 minutes after capture; none is an individual trade.
On the page at https://squawkflow.com/options-flow/2026-11-12: all 119 snapshots grouped by kind, each with its own permalink; the boards by ticker, expiry and call or put; and a link to the Nov 11, 2026 session. The next session's snapshots post no earlier than 9:45 ET and are linked from this page.

By kind: Put/call by expiry 89, Near vs far dates 13, Volume vs open interest 11, Premium concentration 5, Same-day share 1.

## Snapshots, most notable first

| As of (ET) | Ticker | Kind | Snapshot | Permalink |
|---|---|---|---|---|
| Nov 12, 2026, 09:51 ET | IWM | Put/call by expiry | IWM puts expiring Dec 18 traded 19.9x the calls, vs a 2.3x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-dec-18-2026-put-call-skew |
| Nov 12, 2026, 11:14 ET | SOFI | Put/call by expiry | SOFI calls outnumbered puts 31.6 to 1 expiring Jan 15, 2027, vs a 4.9 median | https://squawkflow.com/options-flow/2026-11-12/sofi-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 12:50 ET | META | Put/call by expiry | META calls outnumbered puts 22.0 to 1 expiring Feb 19, 2027, vs a 1.3 median | https://squawkflow.com/options-flow/2026-11-12/meta-calls-feb-19-2027-put-call-skew |
| Nov 12, 2026, 09:31 ET | NVDA | Volume vs open interest | NVDA 160 calls expiring Nov 13 traded 6.3x their open interest | https://squawkflow.com/options-flow/2026-11-12/nvda-160-calls-nov-13-2026-volume-vs-open-interest |
| Nov 12, 2026, 09:41 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 13.7 to 1 expiring Dec 18, vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-dec-18-2026-put-call-skew |
| Nov 12, 2026, 09:36 ET | IWM | Put/call by expiry | IWM puts expiring Nov 20 (1 week out) traded 9.4x the calls, vs a 1.9x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-nov-20-2026-put-call-skew |
| Nov 12, 2026, 11:03 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 9.6 to 1 expiring Nov 27 (2 weeks out), vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-nov-27-2026-put-call-skew |
| Nov 12, 2026, 10:14 ET | COIN | Put/call by expiry | COIN calls outnumbered puts 8.9 to 1 expiring Nov 20 (1 week out), vs a 1.9 median | https://squawkflow.com/options-flow/2026-11-12/coin-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 10:06 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 8.0 to 1 expiring Jan 15, 2027, vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 09:31 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 6.9 to 1 expiring Nov 13, vs a 1.9 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 10:56 ET | IWM | Put/call by expiry | IWM puts expiring Jan 15, 2027 traded 6.6x the calls, vs a 2.3x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-jan-15-2027-put-call-skew |
| Nov 12, 2026, 09:32 ET | MSFT | Put/call by expiry | MSFT calls outnumbered puts 7.0 to 1 expiring Nov 13, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/msft-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 11:13 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 6.8 to 1 expiring Nov 18, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-nov-18-2026-put-call-skew |
| Nov 12, 2026, 11:21 ET | META | Put/call by expiry | META calls outnumbered puts 6.6 to 1 expiring Jan 15, 2027, vs a 1.7 median | https://squawkflow.com/options-flow/2026-11-12/meta-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 10:03 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 6.1 to 1 expiring Dec 18, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-dec-18-2026-put-call-skew |
| Nov 12, 2026, 09:33 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 5.6 to 1 expiring Nov 13, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 11:24 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 5.3 to 1 expiring Jan 15, 2027, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 09:37 ET | NVDA | Put/call by expiry | NVDA puts expiring Mar 19, 2027 traded 4.2x the calls, vs a 0.8x median | https://squawkflow.com/options-flow/2026-11-12/nvda-puts-mar-19-2027-put-call-skew |
| Nov 12, 2026, 10:45 ET | NFLX | Put/call by expiry | NFLX calls outnumbered puts 5.8 to 1 expiring Dec 18, vs a 1.5 median | https://squawkflow.com/options-flow/2026-11-12/nflx-calls-dec-18-2026-put-call-skew |
| Nov 12, 2026, 09:49 ET | NFLX | Put/call by expiry | NFLX calls outnumbered puts 5.7 to 1 expiring Nov 20 (1 week out), vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/nflx-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 10:08 ET | MSFT | Put/call by expiry | MSFT calls outnumbered puts 5.5 to 1 expiring Nov 16, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/msft-calls-nov-16-2026-put-call-skew |
| Nov 12, 2026, 09:43 ET | MSFT | Put/call by expiry | MSFT puts expiring Nov 18 traded 5.5x the calls, vs a 0.7x median | https://squawkflow.com/options-flow/2026-11-12/msft-puts-nov-18-2026-put-call-skew |
| Nov 12, 2026, 11:14 ET | NFLX | Put/call by expiry | NFLX calls outnumbered puts 5.3 to 1 expiring Mar 19, 2027, vs a 1.2 median | https://squawkflow.com/options-flow/2026-11-12/nflx-calls-mar-19-2027-put-call-skew |
| Nov 12, 2026, 14:39 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 4.8 to 1 expiring Dec 4, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-dec-4-2026-put-call-skew |
| Nov 12, 2026, 14:06 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 4.5 to 1 expiring Nov 27 (2 weeks out), vs a 2.0 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-nov-27-2026-put-call-skew |
| Nov 12, 2026, 15:31 ET | BAC | Put/call by expiry | BAC puts expiring Nov 20 (1 week out) traded 4.3x the calls, vs a 0.6x median | https://squawkflow.com/options-flow/2026-11-12/bac-puts-nov-20-2026-put-call-skew |
| Nov 12, 2026, 10:19 ET | SOFI | Put/call by expiry | SOFI calls outnumbered puts 5.3 to 1 expiring Nov 27 (2 weeks out), vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/sofi-calls-nov-27-2026-put-call-skew |
| Nov 12, 2026, 09:49 ET | SOFI | Put/call by expiry | SOFI calls outnumbered puts 4.9 to 1 expiring Nov 20 (1 week out), vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/sofi-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 09:45 ET | IWM | Near vs far dates | IWM put/call volume ratio held at 1.63 within 3 weeks, against 49.47 1 to 3 months out | https://squawkflow.com/options-flow/2026-11-12/iwm-term-structure |
| Nov 12, 2026, 10:58 ET | MSFT | Volume vs open interest | MSFT 525 calls expiring Nov 13 traded 5.1x their open interest | https://squawkflow.com/options-flow/2026-11-12/msft-525-calls-nov-13-2026-volume-vs-open-interest |
| Nov 12, 2026, 10:51 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 4.9 to 1 expiring Dec 4, vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-dec-4-2026-put-call-skew |
| Nov 12, 2026, 10:54 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 4.7 to 1 expiring Nov 16, vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-nov-16-2026-put-call-skew |
| Nov 12, 2026, 14:59 ET | XOM | Put/call by expiry | XOM puts expiring Mar 19, 2027 traded 5.0x the calls, vs a 0.6x median | https://squawkflow.com/options-flow/2026-11-12/xom-puts-mar-19-2027-put-call-skew |
| Nov 12, 2026, 09:53 ET | MSFT | Put/call by expiry | MSFT calls outnumbered puts 4.7 to 1 expiring Nov 20 (1 week out), vs a 1.7 median | https://squawkflow.com/options-flow/2026-11-12/msft-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 09:30 ET | IWM | Put/call by expiry | IWM puts expiring Nov 12 (same day) traded 4.0x the calls, vs a 1.1x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-nov-12-2026-put-call-skew |
| Nov 12, 2026, 09:41 ET | AMD | Put/call by expiry | AMD calls outnumbered puts 4.7 to 1 expiring Nov 16, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/amd-calls-nov-16-2026-put-call-skew |
| Nov 12, 2026, 09:36 ET | AMZN | Put/call by expiry | AMZN calls outnumbered puts 4.7 to 1 expiring Nov 20 (1 week out), vs a 2.0 median | https://squawkflow.com/options-flow/2026-11-12/amzn-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 12:45 ET | IWM | Put/call by expiry | IWM puts expiring Mar 19, 2027 traded 4.0x the calls, vs a 1.7x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-mar-19-2027-put-call-skew |
| Nov 12, 2026, 10:21 ET | AAPL | Volume vs open interest | AAPL 357.5 puts expiring Nov 13 traded 5.4x their open interest | https://squawkflow.com/options-flow/2026-11-12/aapl-357p5-puts-nov-13-2026-volume-vs-open-interest |
| Nov 12, 2026, 10:16 ET | META | Put/call by expiry | META calls outnumbered puts 4.7 to 1 expiring Dec 18, vs a 1.7 median | https://squawkflow.com/options-flow/2026-11-12/meta-calls-dec-18-2026-put-call-skew |
| Nov 12, 2026, 10:05 ET | AMD | Put/call by expiry | AMD calls outnumbered puts 4.7 to 1 expiring Feb 19, 2027, vs a 0.7 median | https://squawkflow.com/options-flow/2026-11-12/amd-calls-feb-19-2027-put-call-skew |
| Nov 12, 2026, 09:50 ET | AMD | Put/call by expiry | AMD puts expiring Nov 25 (2 weeks out) traded 4.6x the calls, vs a 0.9x median | https://squawkflow.com/options-flow/2026-11-12/amd-puts-nov-25-2026-put-call-skew |
| Nov 12, 2026, 10:01 ET | NVDA | Put/call by expiry | NVDA puts expiring May 21, 2027 traded 3.4x the calls, vs a 0.8x median | https://squawkflow.com/options-flow/2026-11-12/nvda-puts-may-21-2027-put-call-skew |
| Nov 12, 2026, 09:34 ET | NFLX | Put/call by expiry | NFLX calls outnumbered puts 4.3 to 1 expiring Nov 13, vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/nflx-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 09:46 ET | NVDA | Put/call by expiry | NVDA calls outnumbered puts 3.3 to 1 expiring Nov 27 (2 weeks out), vs a 1.7 median | https://squawkflow.com/options-flow/2026-11-12/nvda-calls-nov-27-2026-put-call-skew |
| Nov 12, 2026, 09:37 ET | NVDA | Put/call by expiry | NVDA calls outnumbered puts 3.1 to 1 expiring Jan 15, 2027, vs a 1.6 median | https://squawkflow.com/options-flow/2026-11-12/nvda-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 09:31 ET | NVDA | Put/call by expiry | NVDA calls outnumbered puts 3.8 to 1 expiring Feb 19, 2027, vs a 1.2 median | https://squawkflow.com/options-flow/2026-11-12/nvda-calls-feb-19-2027-put-call-skew |
| Nov 12, 2026, 13:00 ET | AAPL | Put/call by expiry | AAPL calls outnumbered puts 3.9 to 1 expiring Dec 11, vs a 0.9 median | https://squawkflow.com/options-flow/2026-11-12/aapl-calls-dec-11-2026-put-call-skew |
| Nov 12, 2026, 09:34 ET | QQQ | Volume vs open interest | QQQ 666 puts expiring Nov 12 (same day) traded 6.8x their open interest | https://squawkflow.com/options-flow/2026-11-12/qqq-666-puts-nov-12-2026-volume-vs-open-interest |
| Nov 12, 2026, 09:37 ET | SPY | Volume vs open interest | SPY 756 calls expiring Nov 12 (same day) traded 9.7x their open interest | https://squawkflow.com/options-flow/2026-11-12/spy-756-calls-nov-12-2026-volume-vs-open-interest |
| Nov 12, 2026, 09:43 ET | GOOGL | Put/call by expiry | GOOGL calls outnumbered puts 4.0 to 1 expiring Nov 20 (1 week out), vs a 2.2 median | https://squawkflow.com/options-flow/2026-11-12/googl-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 09:41 ET | TSLA | Put/call by expiry | TSLA calls outnumbered puts 3.6 to 1 expiring Nov 16, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/tsla-calls-nov-16-2026-put-call-skew |
| Nov 12, 2026, 09:46 ET | META | Put/call by expiry | META calls outnumbered puts 4.0 to 1 expiring Nov 20 (1 week out), vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/meta-calls-nov-20-2026-put-call-skew |
| Nov 12, 2026, 09:36 ET | TSLA | Put/call by expiry | TSLA calls outnumbered puts 3.0 to 1 expiring Nov 13, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/tsla-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 10:49 ET | NFLX | Put/call by expiry | NFLX calls outnumbered puts 4.1 to 1 expiring Jan 15, 2027, vs a 1.5 median | https://squawkflow.com/options-flow/2026-11-12/nflx-calls-jan-15-2027-put-call-skew |
| Nov 12, 2026, 09:51 ET | NVDA | Put/call by expiry | NVDA calls outnumbered puts 2.9 to 1 expiring Nov 18, vs a 1.5 median | https://squawkflow.com/options-flow/2026-11-12/nvda-calls-nov-18-2026-put-call-skew |
| Nov 12, 2026, 11:10 ET | AMD | Put/call by expiry | AMD calls outnumbered puts 2.5 to 1 expiring Nov 13, vs a 1.4 median | https://squawkflow.com/options-flow/2026-11-12/amd-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 11:51 ET | AAPL | Put/call by expiry | AAPL puts expiring Feb 19, 2027 traded 3.4x the calls, vs a 0.9x median | https://squawkflow.com/options-flow/2026-11-12/aapl-puts-feb-19-2027-put-call-skew |
| Nov 12, 2026, 09:55 ET | COIN | Put/call by expiry | COIN calls outnumbered puts 3.9 to 1 expiring Nov 13, vs a 2.1 median | https://squawkflow.com/options-flow/2026-11-12/coin-calls-nov-13-2026-put-call-skew |
| Nov 12, 2026, 10:11 ET | IWM | Put/call by expiry | IWM puts expiring Nov 27 (2 weeks out) traded 3.6x the calls, vs a 1.9x median | https://squawkflow.com/options-flow/2026-11-12/iwm-puts-nov-27-2026-put-call-skew |

## Biggest estimated premium by ticker, expiry and type

| Ticker, expiry, type | Est. premium (USD) | Volume (contracts) | Prior open interest |
|---|---:|---:|---:|
| SPY Nov 12 P | $536.9M | 4,307,850 | 142,660 |
| NVDA Nov 13 P | $463.9M | 1,669,169 | 262,989 |
| NVDA Nov 13 C | $434.1M | 1,773,039 | 415,380 |
| NVDA Jan 15 '27 C | $402.1M | 447,366 | 1,237,141 |
| NVDA Mar 19 '27 C | $360.4M | 297,263 | 441,580 |
| AMD Nov 13 C | $284.9M | 314,010 | 60,548 |
| QQQ Nov 12 P | $260.1M | 2,964,555 | 92,268 |
| NVDA Mar 19 '27 P | $256.5M | 167,830 | 646,246 |
| NVDA Jan 15 '27 P | $254.7M | 523,074 | 1,690,079 |
| NVDA Nov 20 C | $237.2M | 534,799 | 442,966 |

## Volume vs prior open interest by ticker, expiry and type (open interest >= 5,000)

| Ticker, expiry, type | Volume / prior OI | Volume (contracts) | Prior open interest |
|---|---:|---:|---:|
| QQQ Nov 12 C | 32.8x | 3,012,924 | 91,957 |
| QQQ Nov 12 P | 32.1x | 2,964,555 | 92,268 |
| SPY Nov 12 C | 30.4x | 4,152,086 | 136,790 |
| SPY Nov 12 P | 30.2x | 4,307,850 | 142,660 |
| IWM Nov 12 P | 18.8x | 491,790 | 26,203 |
| IWM Nov 12 C | 8.7x | 392,364 | 45,173 |
| AMD Nov 13 P | 8.1x | 150,918 | 18,697 |
| NVDA Nov 13 P | 6.3x | 1,669,169 | 262,989 |
| NVDA Nov 16 P | 5.7x | 311,176 | 54,193 |
| AMD Nov 13 C | 5.2x | 314,010 | 60,548 |

## Put/call volume ratio by ticker and expiry (volume >= 5,000)

| Ticker, expiry | Put/call volume ratio | Put contracts | Call contracts |
|---|---:|---:|---:|
| IWM Dec 18 | 7.30 | 150,458 | 20,618 |
| IWM Nov 27 | 7.30 | 63,017 | 8,632 |
| BAC Nov 20 | 4.16 | 19,999 | 4,809 |
| QQQ Dec 17 '27 | 3.72 | 11,862 | 3,191 |
| IWM Jan 15 '27 | 3.22 | 30,873 | 9,585 |
| META Feb 19 '27 | 0.06 | 787 | 13,460 |
| NFLX Sep 17 '27 | 0.06 | 355 | 5,480 |
| SOFI Jan 15 '27 | 0.07 | 3,285 | 46,773 |
| SOFI Jan 21 '28 | 0.10 | 475 | 4,904 |
| AMD Feb 19 '27 | 0.12 | 4,186 | 33,876 |

50 cells withheld: fewer than 3 traded contracts.

## Open interest rose at the latest settlement, by ticker, expiry and type (2026-11-11)

| Ticker, expiry, type | Change (contracts) | Open interest |
|---|---:|---:|
| SPY Nov 27 C | +130,903 | 206,211 |
| SPX Dec 24 P | +130,471 | 131,647 |
| SPY Nov 12 P | +126,612 | 235,011 |
| QQQ Nov 12 P | +99,242 | 158,398 |
| SPX Nov 12 C | +91,495 | 145,535 |
| QQQ Nov 12 C | +58,600 | 122,889 |
| IWM Nov 27 P | +43,483 | 140,638 |
| SPCX Nov 27 C | +40,252 | 94,936 |
| XLP Dec 18 P | +38,610 | 409,455 |
| NBIS Nov 13 C | +38,597 | 121,647 |

Open interest change, not trades; it does not say which side opened or closed.

## Limits

- **Delayed at least 15 minutes.** Every figure is published at least 15 minutes after the chain capture it describes, and stamped with that capture time in Eastern time.
- **21 symbols intraday, about 200 end of day.** Intraday snapshots cover a fixed list of 21 symbols (major stocks, ETFs and the SPX index), not every optionable symbol. Open interest changes cover about 200 symbols from the nightly settlement open interest archive.
- **The strikes we track, not the full book.** A chain capture is a window: up to 40 strikes around the money in each expiration from the broker chain, or every strike in the nearest expirations from the delayed option chain. Totals, shares and ratios describe the strikes captured, and each snapshot states its own coverage.
- **Thin cells are withheld.** Every published total, ratio and share rests on at least 3 traded contracts (volume above zero; for open interest change, contracts whose open interest changed). A call or put side of one expiry below that is left out of every figure, shown as withheld, and counted in a footnote, so no difference between published numbers recovers it.
- **Session totals, not trades.** Volume is the session total read from chain snapshots, aggregated to ticker, expiry and call or put. There is no trade-by-trade record behind it, and no single trade is shown.
- **No buyer, seller or direction.** A chain cannot say who bought or sold, whether a contract was opened or closed, or whether it was one leg of a spread. Calls can be sold and puts can hedge stock, so no snapshot carries a direction.
- **Premium is an estimate.** Estimated premium is volume times the quote midpoint times 100 shares. It is labelled "est." wherever it appears.
- **Open interest arrives the next day.** Open interest is the prior settlement figure. Whether contracts stayed open is only known after the next settlement, which is when each snapshot gets its follow-up.

Hub: https://squawkflow.com/options-flow

## Citation

Source: SquawkFlow, https://squawkflow.com/options-flow/2026-11-12
Retrieved: 2026-11-12 17:49 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.

SquawkFlow publishes market-structure data and education. Nothing here is
investment advice, a price target or a recommendation, and we have no order
execution.