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 SPY's put/call volume ratio for contracts within a week over the last 20 sessions. 24,584 put and 9,763 call contracts by 09:32 ET on Nov 12, 2026. Tracked: up to 40 strikes around the money across 34 expirations.
CCalls9,763
PPuts24,584
contracts
Evidence
The numbers behind this snapshot, Nov 12, 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.
Measure
Value
CCall volume (contracts)
9,763
PPut volume (contracts)
24,584
CCall open interest, prior settlement
174,332
PPut open interest, prior settlement
245,059
CCall premium, est. (USD)
$1.6M
PPut premium, est. (USD)
$7.0M
Put/call volume ratio
2.5x
Days to expiry
1
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): 24,584; Ratio: 2.52
Contracts traded behind each figure
Calls: 30; Puts: 35
Baseline
median put/call volume ratio, contracts within a week: 1.15
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.
Across the tracked strikes of that expiry, SPY calls traded 1.4x their open interest, against 9.7x for the 756 strike, by 09:37 ET on Nov 12, 2026. Tracked: up to 42 strikes around the money across 34 expirations.
The median is SPY's put/call volume ratio for contracts within a week over the last 20 sessions. 4,018 put and 1,775 call contracts by 09:37 ET on Nov 12, 2026. Tracked: up to 42 strikes around the money across 34 expirations.
Within 3 weeks: 135,947 put and 76,945 call contracts. 1 to 3 months out: 3,735 put and 1,040 call contracts. By 09:32 ET on Nov 12, 2026. Tracked: up to 40 strikes around the money across 34 expirations.