Total premium
$88.9M
QRX DAILY REPORT
Unusual options flow, organized into a daily market map.
Premium concentration, directional reads, and the contracts that earned a closer look in the QRX daily report.
Market-close report
Wednesday, Aug 26, 2026
Published after the U.S. market close
Bullish premium
$66.8M
Bearish premium
$22.1M
Net directional premium
$44.8M
Biggest premium trades
Highlighted contracts
| Ticker | Contract | Read | Premium | Vol / OI | QRX note |
|---|---|---|---|---|---|
| MSFT | $545 Call · Nov 20, 2026 | Bullish | $18.2M | 14,872 / 1,252 | MLAT · 14,839 contracts |
| HONA | $175 Call · Dec 18, 2026 | Bullish | $13.6M | 10,005 / 151 | MLAT · 9,994 contracts |
| INTC | $150 Call · Dec 15, 2028 | Bullish | $12.1M | 5,226 / 4,572 | MLFT FLOOR · 5,000 contracts |
| MU | $840 Put · Dec 18, 2026 | Bearish | $4.5M | 1,026 / 466 | MFSL FLOOR · 550 contracts |
| MU | $945 Call · Sep 4, 2026 | Bullish | $1.8M | 581 / 408 | AGG* · 500 contracts |
| NOW | $110 Put · Sep 17, 2027 | Bearish | $1.3M | 750 / 4 | TLFT FLOOR · 750 contracts |
| PANW | $270 Put · Mar 19, 2027 | Bearish | $1.3M | 604 / 339 | MLFT FLOOR · 600 contracts |
| AVGO | $387.50 Call · Sep 18, 2026 | Bullish | $1.1M | 3,775 / 114 | SLFT FLOOR · 1,200 contracts |
| AVGO | $387.50 Call · Sep 18, 2026 | Bullish | $1M | 2,437 / 114 | SLFT FLOOR · 1,200 contracts |
| AVGO | $387.50 Call · Sep 18, 2026 | Bullish | $948K | 1,206 / 114 | SLFT FLOOR · 1,200 contracts |
| SKHY | $155 Put · Sep 4, 2026 | Bearish | $903K | 2,742 / 293 | AGG* · 1,770 contracts |
| TSLA | $350 Call · Sep 2, 2026 | Bullish | $881K | 1,442 / 563 | AGG* · 1,223 contracts |
| PDD | $85 Put · Dec 18, 2026 | Bearish | $833K | 3,667 / 2,854 | AUTO · 1,500 contracts |
| IREN | $60 Call · Feb 19, 2027 | Bullish | $807K | 2,786 / 859 | MLFT FLOOR · 1,500 contracts |
| SNPS | $420 Call · Aug 28, 2026 | Bullish | $781K | 750 / 261 | MLAT · 611 contracts |
| PDD | $85 Put · Dec 18, 2026 | Bearish | $776K | 5,065 / 2,854 | AUTO · 1,398 contracts |
| MRVL | $252.50 Call · Sep 4, 2026 | Bullish | $738K | 661 / 288 | AUTO · 586 contracts |
| MRVL | $255 Call · Sep 11, 2026 | Bullish | $663K | 539 / 127 | MLET · 500 contracts |
| DKS | $150 Call · Mar 19, 2027 | Bullish | $651K | 1,518 / 12 | MLET · 605 contracts |
| BKNG | $190 Put · Mar 19, 2027 | Bearish | $630K | 500 / 241 | SLFT FLOOR · 500 contracts |
MSFT
$545 Call · Nov 20, 2026
Premium
$18.2M
Vol / OI
14,872 / 1,252
MLAT · 14,839 contracts
HONA
$175 Call · Dec 18, 2026
Premium
$13.6M
Vol / OI
10,005 / 151
MLAT · 9,994 contracts
INTC
$150 Call · Dec 15, 2028
Premium
$12.1M
Vol / OI
5,226 / 4,572
MLFT FLOOR · 5,000 contracts
MU
$840 Put · Dec 18, 2026
Premium
$4.5M
Vol / OI
1,026 / 466
MFSL FLOOR · 550 contracts
MU
$945 Call · Sep 4, 2026
Premium
$1.8M
Vol / OI
581 / 408
AGG* · 500 contracts
NOW
$110 Put · Sep 17, 2027
Premium
$1.3M
Vol / OI
750 / 4
TLFT FLOOR · 750 contracts
PANW
$270 Put · Mar 19, 2027
Premium
$1.3M
Vol / OI
604 / 339
MLFT FLOOR · 600 contracts
AVGO
$387.50 Call · Sep 18, 2026
Premium
$1.1M
Vol / OI
3,775 / 114
SLFT FLOOR · 1,200 contracts
AVGO
$387.50 Call · Sep 18, 2026
Premium
$1M
Vol / OI
2,437 / 114
SLFT FLOOR · 1,200 contracts
AVGO
$387.50 Call · Sep 18, 2026
Premium
$948K
Vol / OI
1,206 / 114
SLFT FLOOR · 1,200 contracts
SKHY
$155 Put · Sep 4, 2026
Premium
$903K
Vol / OI
2,742 / 293
AGG* · 1,770 contracts
TSLA
$350 Call · Sep 2, 2026
Premium
$881K
Vol / OI
1,442 / 563
AGG* · 1,223 contracts
PDD
$85 Put · Dec 18, 2026
Premium
$833K
Vol / OI
3,667 / 2,854
AUTO · 1,500 contracts
IREN
$60 Call · Feb 19, 2027
Premium
$807K
Vol / OI
2,786 / 859
MLFT FLOOR · 1,500 contracts
SNPS
$420 Call · Aug 28, 2026
Premium
$781K
Vol / OI
750 / 261
MLAT · 611 contracts
PDD
$85 Put · Dec 18, 2026
Premium
$776K
Vol / OI
5,065 / 2,854
AUTO · 1,398 contracts
MRVL
$252.50 Call · Sep 4, 2026
Premium
$738K
Vol / OI
661 / 288
AUTO · 586 contracts
MRVL
$255 Call · Sep 11, 2026
Premium
$663K
Vol / OI
539 / 127
MLET · 500 contracts
DKS
$150 Call · Mar 19, 2027
Premium
$651K
Vol / OI
1,518 / 12
MLET · 605 contracts
BKNG
$190 Put · Mar 19, 2027
Premium
$630K
Vol / OI
500 / 241
SLFT FLOOR · 500 contracts
Sector flow
Sector rotation and premium skew
Same market date as the options tape
| Ticker | Sector | Last | Change | Bear / Bull premium |
|---|---|---|---|---|
| SPY | S&P 500 Index | $766.08 | 0.00% | 46.00% |
| XLI | Industrials | $180.34 | +1.09% | 82.00% |
| XLK | Technology | $182.84 | +0.61% | 61.00% |
| XLE | Energy | $62.43 | +0.60% | 65.00% |
| XLU | Utilities | $43.51 | +0.46% | 50.00% |
| XLB | Materials | $53.67 | +0.17% | 52.00% |
| XLF | Financials | $58.26 | -0.09% | 49.00% |
| XLP | Consumer Staples | $86.27 | -0.29% | 44.00% |
| XLC | Communication Services | $112.61 | -0.50% | 42.00% |
| XLRE | Real Estate | $45.09 | -0.60% | 51.00% |
| XLY | Consumer Discretionary | $117.16 | -0.67% | 75.00% |
| XLV | Health Care | $173.54 | -1.00% | 45.00% |
SPY
S&P 500 Index
0.00%
Last
$766.08
Bear / Bull premium
46.00%
XLI
Industrials
+1.09%
Last
$180.34
Bear / Bull premium
82.00%
XLK
Technology
+0.61%
Last
$182.84
Bear / Bull premium
61.00%
XLE
Energy
+0.60%
Last
$62.43
Bear / Bull premium
65.00%
XLU
Utilities
+0.46%
Last
$43.51
Bear / Bull premium
50.00%
XLB
Materials
+0.17%
Last
$53.67
Bear / Bull premium
52.00%
XLF
Financials
-0.09%
Last
$58.26
Bear / Bull premium
49.00%
XLP
Consumer Staples
-0.29%
Last
$86.27
Bear / Bull premium
44.00%
XLC
Communication Services
-0.50%
Last
$112.61
Bear / Bull premium
42.00%
XLRE
Real Estate
-0.60%
Last
$45.09
Bear / Bull premium
51.00%
XLY
Consumer Discretionary
-0.67%
Last
$117.16
Bear / Bull premium
75.00%
XLV
Health Care
-1.00%
Last
$173.54
Bear / Bull premium
45.00%
Tape context
Thematic breakdown
Bullish flow
MSFT
1 print · largest $545 Call · Nov 20, 2026
$18.2M
HONA
1 print · largest $175 Call · Dec 18, 2026
$13.6M
INTC
1 print · largest $150 Call · Dec 15, 2028
$12.1M
AVGO
4 prints · largest $387.50 Call · Sep 18, 2026
$3.4M
MRVL
3 prints · largest $252.50 Call · Sep 4, 2026
$1.9M
MU
1 print · largest $945 Call · Sep 4, 2026
$1.8M
META
2 prints · largest $577.50 Call · Aug 31, 2026
$1M
TSLA
1 print · largest $350 Call · Sep 2, 2026
$881K
Bearish / hedge flow
MU
3 prints · largest $840 Put · Dec 18, 2026
$5.3M
SKHY
4 prints · largest $155 Put · Sep 4, 2026
$1.9M
PDD
2 prints · largest $85 Put · Dec 18, 2026
$1.6M
NOW
1 print · largest $110 Put · Sep 17, 2027
$1.3M
PANW
1 print · largest $270 Put · Mar 19, 2027
$1.3M
ANF
4 prints · largest $130 Put · Sep 18, 2026
$1.2M
NVDA
5 prints · largest $210 Put · Aug 31, 2026
$1M
ABNB
2 prints · largest $165 Put · Apr 16, 2027
$793K
Key earnings plays
No major earnings-tagged flow met the daily filter.
Key takeaways
- Tape leaned decisively bullish: $66.8M bullish versus $22.1M bearish across 122 prints.
- Largest single print: MSFT $545 Call · Nov 20, 2026 for $18.2M (bullish).
- Bullish leadership: MSFT $18.2M, HONA $13.6M, INTC $12.1M, AVGO $3.4M.
- Bearish / hedge pressure: MU $5.3M, SKHY $1.9M, PDD $1.6M, NOW $1.3M.
QRX active names update
Watchlist flow check
Current-day unusual flow only
MSTR
2 prints$262K
Bull $150K · Bear $112K
$440 Call · Jan 15, 2027
NBIS
QuietNo notable flow hit today’s filter.
BE
1 print$100K
Bull $100K · Bear $0
$255 Call · Aug 28, 2026
IREN
1 print$807K
Bull $807K · Bear $0
$60 Call · Feb 19, 2027
CIFR
QuietNo notable flow hit today’s filter.
WULF
QuietNo notable flow hit today’s filter.
CLSK
1 print$85K
Bull $85K · Bear $0
$13 Call · Oct 16, 2026