Options Flow

Unusual options activity, ranked by size relative to the usual.

2026-09-22 session · 30 flagged across 60 symbols · as of Sep 23, 2026, 17:40 ET

Refreshes when the job next runs

Read this first

What this is: Options that traded way more than usual today — spots where lots of option money moved.
What it does NOT mean: Not a buy or sell signal. The data cannot see why someone traded — it could be a bet, or just someone protecting stock they already own. Heavy activity does not mean price goes that way.
How to use it: As a “where are the eyes today” map. Most useful when a busy name lines up with your wall and magnet levels on the Positioning page. Never trade off this page alone.

This is the 2026-09-22 session, not today’s. The chains are scanned once a day after the close, so today’s activity does not appear here until tonight’s run.

Nothing below has changed since that close. It is the last completed session, not a live tape. These numbers start moving again when it opens today at 09:30 ET.

Ticker

Side

Expiry

Min premium

Sweeps only

Needs a live trade feed — this source has no execution data.

30 of 30 contracts

Contracts trading heavily relative to their open interest.
Ticker	Expiry	Strike	Type	Volume	Open int.	Premium	Vol/OI	Flag	What happened
XLF	OCT 30	55	PUT	13.8K	57	$1.43M	242x	EXTREME	13,847 puts traded against 57 already open — over 242x the existing position, right at the money.
IWM	OCT 01	300	CALL	15.9K	75	$311K	212x	EXTREME	15,938 calls traded against 75 already open — over 212x the existing position, 4.5% above spot.
SMH	OCT 02	440	PUT	37.4K	205	$187K	182x	EXTREME	37,430 puts traded against 205 already open — over 182x the existing position, 27.4% below spot.
QQQ	SEP 28	727	PUT	30.8K	212	$2.34M	145x	EXTREME	30,775 puts traded against 212 already open — over 145x the existing position, 2.8% below spot.
GLD	OCT 16	366	PUT	5.72K	61	$355K	93.7x	EXTREME	5,718 puts traded against 61 already open — over 93x the existing position, 8.5% below spot.
HD	SEP 25	317.5	CALL	10.1K	114	$292K	88.3x	EXTREME	10,068 calls traded against 114 already open — over 88x the existing position, 4.0% above spot.
CRM	SEP 25	232.5	CALL	3.93K	59	$1.57M	66.7x	EXTREME	3,933 calls traded against 59 already open — over 66x the existing position, right at the money.
SPY	OCT 30	834	CALL	9.96K	152	$353K	65.5x	EXTREME	9,957 calls traded against 152 already open — over 65x the existing position, 7.8% above spot.
XLF	SEP 24	55.5	CALL	3.31K	51	$835K	64.8x	EXTREME	3,307 calls traded against 51 already open — over 64x the existing position, 1.3% above spot.
TLT	OCT 16	84.5	CALL	13.1K	205	$177K	64.1x	EXTREME	13,145 calls traded against 205 already open — over 64x the existing position, 3.4% above spot.
AMD	SEP 25	617.5	PUT	3.66K	63	$3.57M	58.0x	EXTREME	3,656 puts traded against 63 already open — over 58x the existing position, right at the money.
MSTR	OCT 02	162.5	PUT	6.42K	113	$3.47M	56.8x	EXTREME	6,417 puts traded against 113 already open — over 56x the existing position, 3.2% below spot.
BAC	SEP 25	56	CALL	2.81K	61	$203K	46.1x	EXTREME	2,813 calls traded against 61 already open — over 46x the existing position, right at the money.
SPY	SEP 30	648	PUT	28.9K	673	$43.3K	42.9x	EXTREME	28,887 puts traded against 673 already open — over 42x the existing position, 16.2% below spot.
MU	SEP 25	1070	PUT	3.28K	77	$4.40M	42.6x	EXTREME	3,281 puts traded against 77 already open — over 42x the existing position, 2.5% below spot.
IWM	SEP 28	299	CALL	2.75K	68	$26.2K	40.5x	EXTREME	2,753 calls traded against 68 already open — over 40x the existing position, 4.1% above spot.
TSLA	SEP 30	377.5	PUT	3.40K	84	$2.57M	40.5x	EXTREME	3,399 puts traded against 84 already open — over 40x the existing position, right at the money.
MSTR	OCT 09	172.5	CALL	2.41K	61	$2.01M	39.6x	EXTREME	2,414 calls traded against 61 already open — over 39x the existing position, 2.7% above spot.
SPY	SEP 30	649	PUT	27.2K	705	$68.0K	38.6x	EXTREME	27,184 puts traded against 705 already open — over 38x the existing position, 16.1% below spot.
NVDA	JAN 19	200	CALL	10.1K	274	$78.8M	36.7x	EXTREME	10,060 calls traded against 274 already open — over 36x the existing position, 12.5% below spot.
SPY	SEP 29	670	PUT	6.78K	185	$10.2K	36.7x	EXTREME	6,781 puts traded against 185 already open — over 36x the existing position, 13.4% below spot.
META	OCT 09	565	PUT	3.62K	100	$59.8K	36.2x	EXTREME	3,623 puts traded against 100 already open — over 36x the existing position, 23.8% below spot.
AMD	SEP 25	612.5	PUT	7.26K	209	$5.61M	34.8x	EXTREME	7,263 puts traded against 209 already open — over 34x the existing position, 1.8% below spot.
XLK	OCT 16	202.5	CALL	2.79K	82	$631K	34.0x	EXTREME	2,792 calls traded against 82 already open — over 34x the existing position, 3.2% above spot.
TSM	SEP 17	440	PUT	2.97K	90	$15.2M	33.0x	EXTREME	2,971 puts traded against 90 already open — over 33x the existing position, 2.5% below spot.
BABA	OCT 30	120	CALL	6.02K	187	$3.33M	32.2x	EXTREME	6,021 calls traded against 187 already open — over 32x the existing position, 2.7% above spot.
META	SEP 25	747.5	PUT	3.97K	125	$8.79M	31.8x	EXTREME	3,972 puts traded against 125 already open — over 31x the existing position, right at the money.
IWM	SEP 28	276	PUT	3.21K	103	$43.3K	31.1x	EXTREME	3,207 puts traded against 103 already open — over 31x the existing position, 3.9% below spot.
SQQQ	SEP 25	33.5	CALL	3.11K	105	$141K	29.6x	EXTREME	3,108 calls traded against 105 already open — over 29x the existing position, right at the money.
AVGO	OCT 16	362.5	CALL	3.82K	129	$5.81M	29.6x	EXTREME	3,817 calls traded against 129 already open — over 29x the existing position, right at the money.

How this is calculatedinputs, timestamps, and the assumption underneath

The rule: Session volume divided by open interest, per contract; A contract is listed when it trades at least 250 contracts, carries at least 50 open interest, and its ratio is at least 1.0×.
Why that ratio means anything: Open interest is yesterday’s settled position count; So a contract trading more than its own open interest in one session means most of today’s activity is opening new exposure rather than shuffling existing positions.
Open interest as of: The prior session’s settlement; It is published after the close and does not move intraday, which is precisely what makes it a usable denominator for today’s volume.
Volume as of: Sep 23, 2026, 17:40 ET; Today’s traded contracts, from the same snapshot as the open interest.
This level is derived from: Volume — contracts traded during the session, not positions held.; Unlike the positioning levels, nothing here is weighted by gamma or by any greek.
What it cannot tell you: Direction, or who traded; A large print can be an opening buy, an opening sell, a hedge leg, or a roll. The chain records the trade, never the intent behind it.
The comparison not being made: Volume versus its own recent average; That is the better screen and it is not available here: the source publishes today’s volume but no history of it, so it would take a stored daily series this app does not keep. Stated rather than replaced with a worse proxy.

About this table

Quotes are delayed and the scan runs once a day, so this describes a session that has largely finished. It is not a live tape.

Expired contracts are hidden by default. A scan is read for as long as it stands, so by the next session its front-week contracts have expired — whatever traded there cannot trade again, and listing it as unusual activity points at something that no longer exists. Setting an expiry range overrides this and shows exactly what you asked for. The filter measures against the New York date, since that is when options expire.

Chain totals

Whole-chain volume and open interest per tracked symbol.
Ticker	Spot	Chain volume	Open interest	Put/call vol	Flagged
SPY	773.38	10.7M	17.7M	0.90	4
QQQ

Options Flow

Read this first

About this table

Chain totals

The assumption underneath