For informational and educational purposes only. Not a trading application. Not investment advice. Past performance does not guarantee future results. Forecasts are general model estimates, often wrong, and scored in public.
The median is QQQ's put/call volume ratio for contracts 1 to 3 months out over the last 20 sessions. 10,010 put and 3,580 call contracts by 10:09 ET on Nov 12, 2026. Tracked: up to 47 strikes around the money across 31 expirations.
CCalls3,580
PPuts10,010
contracts
Evidence
The numbers behind this snapshot, Nov 12, 2026, 10:09 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.
Measure
Value
CCall volume (contracts)
3,580
PPut volume (contracts)
10,010
CCall open interest, prior settlement
347,604
PPut open interest, prior settlement
731,306
CCall premium, est. (USD)
$7.5M
PPut premium, est. (USD)
$14.1M
Put/call volume ratio
2.8x
Days to expiry
36
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): 10,010; Ratio: 2.8
Contracts traded behind each figure
Calls: 33; Puts: 39
Baseline
median put/call volume ratio, contracts 1 to 3 months out: 1.49
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.
The median is QQQ's call/put volume ratio for contracts 1 to 3 months out over the last 20 sessions. 3,275 call and 2,036 put contracts by 09:40 ET on Nov 12, 2026. Tracked: up to 47 strikes around the money across 31 expirations.
Across the tracked strikes of that expiry, QQQ puts traded 0.9x their open interest, against 6.8x for the 666 strike, by 09:34 ET on Nov 12, 2026. Tracked: up to 43 strikes around the money across 31 expirations.