SPDR S&P MIDCAP 400 ETF TRUST (MDY) Options Volume

4,035 SPDR S&P MIDCAP 400 ETF TRUST (MDY) option contracts changed hands in the latest session, at a put/call volume ratio of 1.46. This page tracks how actively MDY options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$690.20
52-week range
$567.07 – $708.18
ATM IV (30d)
13.2%
IV rank
0 / 100
Low
Expected move
±$12.60 (±1.8%)
Put/call OI
1.95
Put-heavy
Max pain
$675
↓ 2.2% below close

Options Volume & Premium Flow

Total options volume4,035
Call volume1,638
Put volume2,397
Put/call volume ratio1.46
Listed contracts1,378
Call premium traded$10.81M
Put premium traded$2.42M
Premium put/call ratio0.22
Open interest rank (31 day)64 / 100
Skew rank (31 day)19 / 100

MDY Options Volume Trend

02.4K4.9K7.3K9.7KFeb '26May '26Jul '26

MDY total options volume per session, past year.

0.009.4618.9328.3937.85Feb '26May '26Jul '26

MDY put/call volume ratio, past year.

MDY Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
MDY $550 put Jun 17, 2027 $11.00 24.0% 0 1,200 288.2× avg
MDY $655 call Jun 17, 2027 $83.50 21.6% 0 1,200 481.9× avg

With a put/call volume ratio of 1.46, today's trading is tilted toward puts. Measured in dollars rather than contracts, $10.81M of call premium and $2.42M of put premium changed hands — the larger premium flow is on the call side. 2 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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MDY Options FAQ

How many MDY options traded today?

4,035 MDY option contracts traded as of Jul 10, 2026 — 1,638 calls and 2,397 puts.

Is there unusual options activity in MDY today?

Yes — 2 contracts are trading at least three times their 30-day average volume as of Jul 10, 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.