Phillips 66 (PSX) Options Volume

7,565 Phillips 66 (PSX) option contracts changed hands in the latest session, at a put/call volume ratio of 2.90. This page tracks how actively PSX options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$241.71
52-week range
$126.82 – $243.54
ATM IV (30d)
32.4%
IV rank
12 / 100
Low
Expected move
±$20.50 (±8.5%)
Put/call OI
0.48
Call-heavy
Max pain
$200
↓ 17.3% below close
Next earnings
Nov 1, 2026

Options Volume & Premium Flow

Total options volume7,565
Call volume1,939
Put volume5,626
Put/call volume ratio2.90
Listed contracts1,562
Call premium traded$2.17M
Put premium traded$2.31M
Premium put/call ratio1.07
Open interest rank (31 day)5 / 100
Skew rank (31 day)94 / 100

PSX Options Volume Trend

015.1K30.2K45.4K60.5KFeb '26May '26Aug '26

PSX total options volume per session, past year.

0.000.801.602.393.19Feb '26May '26Aug '26

PSX put/call volume ratio, past year.

PSX Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
PSX $210 put Nov 20, 2026 $5.72 144 2,181 648.8× avg
PSX $200 put Oct 16, 2026 $1.68 141 2,018 618.6× avg

With a put/call volume ratio of 2.90, today's trading is tilted toward puts. Measured in dollars rather than contracts, $2.17M of call premium and $2.31M of put premium changed hands — the larger premium flow is on the put side. 2 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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PSX Options FAQ

How many PSX options traded today?

7,565 PSX option contracts traded as of Aug 24, 2026 — 1,939 calls and 5,626 puts.

Is there unusual options activity in PSX today?

Yes — 2 contracts are trading at least three times their 30-day average volume as of Aug 24, 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.