SPX Options Volume

290,973 SPX option contracts changed hands in the latest session, at a put/call volume ratio of 1.18. This page tracks how actively SPX options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 25, 2026, 3:58 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$7,678.47
52-week range
$6,343.75 – $7,799.58
ATM IV (30d)
0.0%
IV rank
0 / 100
Low
Expected move
±$0.08 (±0.0%)
Put/call OI
1.45
Put-heavy
Max pain
$7,300
↓ 4.9% below close

Options Volume & Premium Flow

Total options volume290,973
Call volume133,769
Put volume157,204
Put/call volume ratio1.18
Listed contracts9,100
Call premium traded$2.55B
Put premium traded$1.86B
Premium put/call ratio0.73
Open interest rank (31 day)38 / 100

SPX Options Volume Trend

0368.2K736.4K1.1M1.5MFeb '26May '26Aug '26

SPX total options volume per session, past year.

0.001.192.373.564.75Feb '26May '26Aug '26

SPX put/call volume ratio, past year.

SPX Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
SPX $7,700 call Oct 16, 2026 $152.79 0.0% 5,259 4,542 10.1× avg

With a put/call volume ratio of 1.18, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $2.55B of call premium and $1.86B of put premium changed hands — the larger premium flow is on the call side. One contract is trading at least three times their own 30-day average volume — activity worth a closer look.

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SPX Options FAQ

How many SPX options traded today?

290,973 SPX option contracts traded as of Aug 25, 2026 — 133,769 calls and 157,204 puts.

Is there unusual options activity in SPX today?

Yes — one contract is trading at least three times its 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.