IWM Options Volume

948,136 IWM option contracts changed hands in the latest session, at a put/call volume ratio of 1.49. This page tracks how actively IWM options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 25, 2026, 3:50 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$298.98
52-week range
$229.19 – $304.98
ATM IV (30d)
16.1%
IV rank
4 / 100
Low
Expected move
±$12.38 (±4.1%)
Put/call OI
2.42
Put-heavy
Max pain
$293
↓ 2.0% below close

Options Volume & Premium Flow

Total options volume948,136
Call volume380,152
Put volume567,984
Put/call volume ratio1.49
Listed contracts5,372
Call premium traded$38.44M
Put premium traded$71.9M
Premium put/call ratio1.87
Open interest rank (31 day)5 / 100
Skew rank (31 day)62 / 100

IWM Options Volume Trend

0964K1.9M2.9M3.9MFeb '26May '26Aug '26

IWM total options volume per session, past year.

0.000.831.662.493.32Feb '26May '26Aug '26

IWM put/call volume ratio, past year.

IWM Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
IWM $285 put Sep 18, 2026 $1.53 21.4% 94,356 48,013 15.9× avg
IWM $283 put Sep 18, 2026 $1.27 21.9% 47,770 27,755 19.0× avg
IWM $284 put Sep 18, 2026 $1.43 21.7% 83,916 19,542 6.5× avg

With a put/call volume ratio of 1.49, today's trading is tilted toward puts. Measured in dollars rather than contracts, $38.44M of call premium and $71.9M of put premium changed hands — the larger premium flow is on the put side. 3 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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IWM Options FAQ

How many IWM options traded today?

948,136 IWM option contracts traded as of Aug 25, 2026 — 380,152 calls and 567,984 puts.

Is there unusual options activity in IWM today?

Yes — 3 contracts are trading at least three times their 30-day average volume as of Aug 25, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.