## 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

# MSFT calls outnumbered puts 3.0 to 1 expiring Feb 19, 2027, vs a 1.3 median

This snapshot was captured Nov 12, 2026, 14:47 ET. A newer board from the same session, captured 16:14 ET, is at https://squawkflow.com/options-flow.

As of Nov 12, 2026, 14:47 ET: MSFT calls outnumbered puts 3.0 to 1 expiring Feb 19, 2027, vs a 1.3 median.
On the page at https://squawkflow.com/options-flow/2026-11-12/msft-calls-feb-19-2027-put-call-skew: the follow-up at the next settlement and at the Feb 19, 2027 expiry, each added once recorded; the evidence table and the rule that fired; and up to six other MSFT snapshots from Nov 12, 2026.

The median is MSFT's call/put volume ratio for contracts more than 3 months out over the last 20 sessions. 2,235 call and 733 put contracts by 14:47 ET on Nov 12, 2026. Tracked: up to 43 strikes around the money across 23 expirations. Source: delayed broker chain.

- Session: 2026-11-12
- Kind: Put/call by expiry
- Status: Session closed
- Expiry: 2027-02-19 (over 3 months)
- Rule: call/put volume >= max(1.5, 1.75 x baseline median); call volume >= 2000
- Baseline: median call/put volume ratio, contracts more than 3 months out, last 20 sessions, n = 20, value 1.2821

| Metric | Value |
|---|---:|
| callOpenInterest | 82856 |
| callPremiumEst | 5595002 |
| callToPutVolumeRatio | 3.05 |
| callVolume | 2235 |
| daysToExpiry | 99 |
| putOpenInterest | 13282 |
| putPremiumEst | 1634010 |
| putVolume | 733 |

## What happened next

- Next settlement: pending the next settlement.
- Expiry: pending expiry.

Caveat: 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.

Session page: https://squawkflow.com/options-flow/2026-11-12

## Citation

Source: SquawkFlow, https://squawkflow.com/options-flow/2026-11-12/msft-calls-feb-19-2027-put-call-skew
Retrieved: 2026-11-12 18:35 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.