IWM · PUTS · NOV 20Session closed

IWM puts expiring Nov 20 (1 week out) traded 9.4x the calls, vs a 1.9x median

As of , published from Nov 12, 2026, 09:51 ET. Source: delayed broker chain.

On the page at squawkflow.com/options-flow/2026-11-12/iwm-puts-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 IWM snapshots from Nov 12, 2026.

The median is IWM's put/call volume ratio for contracts 1 to 3 weeks out over the last 20 sessions. 9,168 put and 972 call contracts by 09:36 ET on Nov 12, 2026. Tracked: up to 42 strikes around the money across 32 expirations.

Evidence

The numbers behind this snapshot, Nov 12, 2026, 09:36 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)972
Put volume (contracts)9,168
Call open interest, prior settlement402,306
Put open interest, prior settlement1,064,851
Call premium, est. (USD)$238K
Put premium, est. (USD)$923K
Put/call volume ratio9.4x
Days to expiry8

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): 9,168; Ratio: 9.43
Contracts traded behind each figure
Calls: 20; Puts: 18
Baseline
median put/call volume ratio, contracts 1 to 3 weeks out: 1.915
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
Calls695
Puts954

What happened next

  • Next settlement: Pending the next settlement.
  • Expiry, Nov 20, 2026: Pending expiry.
All IWM snapshots on the hub
  1. IWMPDEC 18Put/call by expiry

    IWM puts expiring Dec 18 traded 19.9x 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. 59,350 put and 2,986 call contracts by 09:51 ET on Nov 12, 2026. Tracked: up to 42 strikes around the money across 32 expirations.

    Source: delayed broker chainIWM pageDetails