Options flow · daily recap

Options flow recap, Oct 22, 2026: unusual options activity and the biggest trades

Data from the session · 20 tickers · published 8:00 AM ET, Oct 23

On Oct 22, 56% of the $2.63B in large option prints across the 20 tickers here was bought, where a side is known; 31% was in calls, a put/call premium ratio of 2.27.

QQQ led on Oct 22 with $446.9M, ahead of ORCL ($327.1M) and MU ($293.9M).

On Oct 22 the most call-heavy was PLTR (77% calls) and the most put-heavy ORCL (98% puts).

Bought / sold56% / 44%
Calls / puts31% / 69%Put/call premium ratio 2.27
Total premium$2.63B4,417 large prints

All 20 tickers

TickerBoughtCalls / putsPremiumP/CPrints
QQQ
49%
25%
$446.9M
3.07897
ORCL
71%
2%
$327.1M
39.76100
MU
63%
36%
$293.9M
1.76300
SPY
53%
20%
$257.3M
4.03658
TSLA
50%
60%
$140.9M
0.66368
SMH
49%
6%
$138.0M
14.99148
META
56%
54%
$135.4M
0.85226
AVGO
71%
6%
$125.6M
15.5472
NVDA
41%
54%
$115.3M
0.85285
INTC
60%
34%
$95.7M
1.90127
SPCX
41%
50%
$88.8M
0.99271
AMD
51%
43%
$85.2M
1.31198
SOXL
65%
21%
$84.5M
3.76121
CRWV
31%
71%
$65.6M
0.40115
AMZN
42%
64%
$51.2M
0.57125
NBIS
64%
46%
$45.9M
1.1667
IWM
58%
27%
$37.7M
2.7592
AAPL
51%
44%
$37.3M
1.28121
PLTR
72%
77%
$28.1M
0.3058
GOOGL
58%
38%
$27.5M
1.6568

BoughtSoldCallsPuts

Largest trades by premium

On Oct 22, ORCL's 5 largest prints carried the most premium, $204.4M (62% of its session), $154.3M of it bought.

  1. ORCL$204.4M
  2. MU$93.5M
  3. AVGO$91.3M
  4. SMH$72.4M
  5. QQQ$61.9M
  6. INTC$57.2M
  7. SPY$39.9M
  8. META$35.6M

BoughtSoldNo side

Sector rotation at the Oct 22 close

The close

At the Oct 22 close the S&P 500 (SPY) at 763.96 (−1.18%), the Dow (DIA) at 527.89 (+0.04%) and the NASDAQ 100 (QQQ) at 704.47 (−2.86%), with the VIX at 19.03.

DOW (DIA)527.89+0.04%
S&P 500 (SPY)763.96−1.18%
NASDAQ (QQQ)704.47−2.86%
VIX19.03+14.09%

Where money rotated

On Oct 22, 7 of 12 sectors rose and 10 of 12 beat the S&P 500; over the week money left Communication Services and Technology for Consumer Staples and Utilities.

1DOut ofTechnologyComm. SvcsIntoCons. StaplesRetail
1WOut ofComm. SvcsTechnologyIntoCons. StaplesUtilities
Sectors up7/12
Beat S&P10/12

LeadingImprovingWeakeningLagging

Quadrant crossings

FinancialsImprovingLeading

Financials moved from Improving to Leading on Oct 22: above-average strength against the S&P 500, with momentum rising.

MaterialsImprovingLeading

Materials moved from Improving to Leading on Oct 22: above-average strength against the S&P 500, with momentum rising.

UtilitiesImprovingLeading

Utilities moved from Improving to Leading on Oct 22: above-average strength against the S&P 500, with momentum rising.

RetailImprovingLeading

Retail moved from Improving to Leading on Oct 22: above-average strength against the S&P 500, with momentum rising.

Sub-sectors against the S&P 500, 1W

In the week to Oct 22, IT Services (Technology) led the S&P 500 by 13.6 points, while Semicon Equip (Technology) trailed it by 12.9 points.

  1. IT Services+13.6
  2. Staffing+8.8
  3. Data+8.3
  4. Semicon Equip−12.9
  5. Power Gen−7.2
  6. Internet−6.0

Breadth: names above their 50-day average

At the Oct 22 close, Consumer Staples had the most names above their 50-day average (86%) and Communication Services the fewest (39%).

  1. Cons. Staples86%
  2. Health Care85%
  3. Utilities81%
  4. Energy70%
  5. Materials64%
  6. Cons. Disc.59%
  7. Financials54%
  8. Technology50%
  9. Industrials49%
  10. Real Estate47%
  11. Comm. Svcs39%

Risk appetite

As of the Oct 22 close the gauges read stressed, but broad: credit shows strain; the average stock leads the S&P 500.

  1. Credit−1.8 stressed
  2. VIX term0.99 even
  3. Cyclicals−5.9 risk-off
  4. Small caps−1.4 even
  5. Equal weight+4.2 broad

20 sessions; VIX term at its close. It describes the market, not a forecast.

Standout, 20 sessions

Over the 20 sessions to Oct 22, IT Services in Technology was the strongest S&P 500 group (+29.3% median, +29.7 points against the S&P 500), and ACN its strongest name above its 50-day average (+45.8%).

Leading sectorHealth CareLeading
#1 sub-sectorIT Services+29.3%
Standout nameACN+45.8%

It shows where money has been going, not a forecast.

The live rotation, its chart and the full sector tables are in MomoEdge.

← Oct 21 recapEvery daily recapOct 23 recap →

See today's flow live in MomoEdge

Today's prints, alerts and the full feed are for members. MomoEdge Premium is $150/month. Join the waitlist. When your spot opens, your first 7 days are free.

Request accessSee the $10K account

Free weekly market recap

The sector map, the $10K account week and one guide. Unsubscribe anytime.

Totals cover the large and unusual option prints the MomoEdge feed records in a session, not every trade. Bought means more of a print's premium traded at the ask than at the bid; sold, the reverse. Pages update at 8:00 AM ET on the morning after each trading session. Educational content, not financial advice. Market data from licensed third-party providers.