Put/call ratio
How many put options traded for every call on Nov 10, 2026, on Cboe’s options exchanges: for single stocks (equity), for indexes, and in total. Each against its own 10-day average and its recent history.
Trading day of Nov 10, 2026 · Most shorted · Trading halts · Stock desk · How it is measured
- Equity ratio
- 0.7710-day average 0.63 · above 95% of the past year
- Index ratio
- 1.0210-day average 1.04 · above 45% of the past year
- Total ratio
- 0.9510-day average 0.90 · above 78% of the past year
- S&P 500 (SPX) ratio
- 1.1110-day average 1.16 · above 23% of the past year
The stock desk, weekly · free
The week in filings, every Monday
The companies expected to report that week, the results filed the week before, and the biggest short interest moves, each linked to its page.
The stock desk, weekly: one email each Monday with the companies expected to report that week, the results filed the week before and the biggest short interest moves. Unsubscribe in one click.
Equity put/call ratio, every day
Sep 6, 2023 to Nov 10The last 20 trading days
Newest first| Day | Total | Equity | Index |
|---|---|---|---|
| Nov 10 | 0.95 | 0.77 | 1.02 |
| Nov 9 | 0.88 | 0.56 | 1.06 |
| Nov 6 | 0.95 | 0.59 | 1.26 |
| Nov 5 | 1.06 | 0.89 | 1.07 |
| Nov 4 | 0.80 | 0.44 | 0.97 |
| Nov 3 | 0.86 | 0.60 | 1.02 |
| Nov 2 | 0.87 | 0.67 | 0.96 |
| Oct 30 | 0.90 | 0.66 | 1.03 |
| Oct 29 | 0.85 | 0.58 | 0.95 |
| Oct 28 | 0.90 | 0.54 | 1.06 |
| Oct 27 | 0.93 | 0.59 | 1.06 |
| Oct 26 | 0.86 | 0.60 | 0.96 |
| Oct 23 | 0.93 | 0.67 | 1.10 |
| Oct 22 | 0.94 | 0.69 | 1.02 |
| Oct 21 | 0.87 | 0.52 | 1.02 |
| Oct 20 | 0.87 | 0.56 | 1.01 |
| Oct 19 | 0.87 | 0.55 | 0.99 |
| Oct 16 | 0.92 | 0.65 | 1.05 |
| Oct 15 | 0.80 | 0.62 | 0.99 |
| Oct 14 | 0.88 | 0.61 | 1.01 |
Contracts on Nov 10
Traded, and open at the day’s end| Options | Calls traded | Puts traded |
|---|---|---|
| Total | 6.6M | 6.3M |
| Equity | 1.9M | 1.5M |
| Index | 3.3M | 3.4M |
| ETF and ETP | 1.4M | 1.5M |
| VIX | 518,797 | 303,779 |
| S&P 500 (SPX) | 2.6M | 2.9M |
How it is measured
Each ratio is the day’s put volume divided by its call volume, as Cboe publishes it for its own options exchanges each trading day. Cboe’s exchanges carry a large share of US options trading, not all of it; its ratios are the ones market commentary usually quotes. Equity covers options on single stocks; index, options on indexes (SPX, its weekly and other series included); ETF and ETP, options on exchange-traded funds and notes; total, everything. The 10-day average and the past-year comparison are computed here from Cboe’s daily figures, 1,139 trading days from Apr 29, 2022.
What is the put/call ratio today? For Nov 10, 2026, Cboe's equity put/call ratio was 0.77 against a 10-day average of 0.63, higher than on 95% of the past year. The index ratio was 1.02 and the total ratio 0.95.
What does the put/call ratio measure? The number of put option contracts traded in a day divided by the number of call contracts. A put gains when a price falls and a call when it rises, so a higher ratio means more of the day's options trading was in puts. Above 1.00, more puts traded than calls.
Why do the equity and index ratios differ? Index options (SPX options among them) are used heavily by institutions to hedge portfolios, so the index ratio usually sits above 1.00. The equity ratio counts options on single stocks, more of them bought by individual traders, and usually sits well below 1.00. The two are read separately for that reason.