Options期权工作台 One workspace for the settled close — brief, scanner, per-name, leaders. 收盘后的统一工作台 — 简报、筛选、个股、领头股。

Latest completed session最近完成场次

2026-10-30

Friday · closed 16:00 ET周五 · 美东 16:00 收盘

Positions counted持仓统计 2026-10-30

Names covered覆盖标的 372 / 408

Data quality数据质量 Stale过期

Source-session receipt数据源场次凭证

Options tape期权成交 2026-08-13 · 55 sessions behind个交易日落后

Scanner rows筛选表标的 2026-08-13 · 55 sessions behind个交易日落后

Dealer positioning做市商持仓 2026-10-30

Flow leaders资金领跑 2026-08-12 · 56 sessions behind个交易日落后

Index structure指数结构 2026-10-20 · 8 sessions behind个交易日落后

Volatility regime波动状态 2026-10-30

Options intelligence期权情报 2026-08-19 · 51 sessions behind个交易日落后

Whole market整体市场

Mixed — normalizing中性 · 修复中

VIX 19.4VIX 19.4

S&P dealers标普做市商

Amplifying放大波动

1 day in this state该状态已持续 1 天

Today's tape今日盘面

Average中等

$21.8B traded成交 $21.8B

Same-day bets当日到期押注

11% of premium占权利金 11%

expiring the same day当日到期

Four readings, shown side by side and never averaged into one score.四项读数并列呈现，不会合成单一评分。

covered 372/408 names 已覆盖 372/408 个标的

The latest completed session is 2026-10-30. The panels below are retained prior-session context; each footer keeps its actual source date and none describes the target close.最近完成场次为 2026-10-30。以下面板仅保留为较早场次背景；每个页脚均保留真实数据源日期，均不代表目标收盘。

Options Intelligence Brief期权情报简报

ranked priorities, event and crowding reads, and one quiet control优先级排序、事件与拥挤读数，以及一个平静对照

Research priority · not a probability or trade signal研究优先级 · 非概率或交易信号 ?

Settled已结算 2026-08-19 Positions counted持仓统计于 2026-08-20 Newer session更新交易日 2026-08-20 awaiting position counts等待持仓统计

Today's brief isn't ready yet.今日简报尚未就绪。

What to do该怎么做 Data behind数据滞后 Not enough fresh data to give a stance.数据不足，暂不给出立场。

As of数据截至 Wed 19 Aug close8月19日收盘 51 trading days behind落后 51 个交易日 Updated 22 Aug, 19:10 UTC更新于 8月22日 19:10 UTC

This board is unavailable for this close.本次收盘该板块暂不可用。

This is a data gap, not a quiet market — this board is unavailable for this close.这是数据缺口，并非市场平静——本次收盘该板块暂不可用。

What we checked我们检查了什么

Last settled close最近结算收盘2026-08-19

Positions counted持仓统计于2026-08-20

Built生成于Updated 22 Aug, 19:10 UTC更新于 8月22日 19:10 UTC

Receipt回执637d0c60ec86

Hypotheses to research, ranked by evidence — none is a trade on its own.按证据排序的研究假设——均非独立交易信号。 2026-08-19

Put-skew history comes from two sources. The earlier Polygon feed covers 22 Jun 2026–13 Aug 2026 alongside ThetaData end-of-day option chains; from 14 Aug 2026 the history is ThetaData only. A skew change that crosses 14 Aug 2026 is not directly comparable.认沽偏度历史来自两个来源：较早的 Polygon 数据覆盖2026年6月22日–2026年8月13日，与 ThetaData 日终期权链并行；自2026年8月14日起仅使用 ThetaData。跨越2026年8月14日的偏度变化不可直接比较。

What changed有何变化

▬Tape held steady盘面持平 ▼Dealers now amplify moves做市商转为放大波动

Watch — don't chase观察—勿追高 Nothing here is a trade on its own — these are the day's deltas, not signals.这些只是当日变化，本身并不构成交易信号。 2026-08-13

Where the indexes closed指数收盘位置

The four that set the tone定调的四大指数

where price sits against the levels dealers hedge around价格相对做市商对冲水位的位置

SPX7,580.07

Jumpy — moves get amplified剧烈 — 波动被放大

Closed 1.6% below the flip. Swings run larger than usual.收于翻转位下方 1.6%。波动幅度大于平常。

Floor下方墙7,500 Flip翻转位7,699.43 Ceiling上方墙8,100

Protect gains保护利润 ±0.97%

SPY755.72

Jumpy — moves get amplified剧烈 — 波动被放大

Closed 2.3% below the flip. Swings run larger than usual.收于翻转位下方 2.3%。波动幅度大于平常。

Floor下方墙750 Flip翻转位772.93 Ceiling上方墙800

Protect gains保护利润 ±0.97%

Priced move to Nov 27: ±3.0%至Nov 27的定价波幅：±3.0%

Floor下方墙 Flip翻转位 Ceiling上方墙

Priced move reaches the floor定价波幅触及下方墙

Straddle跨式 costs $23.11 a share · 3.0% of the index成本 $23.11/股 · 占指数 3.0% pays past 746 or 792在 746 或 792 之外获利 most you can lose: the cost · most you can make: no cap最多损失：成本金额 · 最多盈利：无上限

Upside for downside以下行换上行 brings in $2.42 a share收入 $2.42/股 no breakeven today今日无盈亏平衡点 below 747 it loses like the index; above 787 it gains like the index低于 747 时与指数同跌；高于 787 时与指数同涨

Downside hedge下行保护 costs $2.12 a share · 0.3% of the index成本 $2.12/股 · 占指数 0.3% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $37.88 a share最多损失：成本金额 · 最多盈利：每股 $37.88

Upside play上行押注 costs $0.44 a share · 0.1% of the index成本 $0.44/股 · 占指数 0.1% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $36.56 a share最多损失：成本金额 · 最多盈利：每股 $36.56

End-of-day mid prices, Nov 27 expiry · ThetaData收盘中间价，11月27日到期 · ThetaData

QQQ690.49

Jumpy — moves get amplified剧烈 — 波动被放大

Closed 5.3% below the flip. Swings run larger than usual.收于翻转位下方 5.3%。波动幅度大于平常。

Floor下方墙680 Flip翻转位727.45 Ceiling上方墙760

Protect gains保护利润 ±1.54%

Priced move to Nov 27: ±4.8%至Nov 27的定价波幅：±4.8%

Floor下方墙 Flip翻转位 Ceiling上方墙

Priced move stays inside the walls定价波幅在墙位之内

Straddle跨式 costs $34.59 a share · 4.8% of the index成本 $34.59/股 · 占指数 4.8% pays past 680 or 750在 680 或 750 之外获利 most you can lose: the cost · most you can make: no cap最多损失：成本金额 · 最多盈利：无上限

Upside for downside以下行换上行 brings in $4.12 a share收入 $4.12/股 no breakeven today今日无盈亏平衡点 below 680 it loses like the index; above 740 it gains like the index低于 680 时与指数同跌；高于 740 时与指数同涨

Downside hedge下行保护 costs $5.00 a share · 0.7% of the index成本 $5.00/股 · 占指数 0.7% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $30.00 a share最多损失：成本金额 · 最多盈利：每股 $30.00

Upside play上行押注 costs $2.17 a share · 0.3% of the index成本 $2.17/股 · 占指数 0.3% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $31.83 a share最多损失：成本金额 · 最多盈利：每股 $31.83

End-of-day mid prices, Nov 27 expiry · ThetaData收盘中间价，11月27日到期 · ThetaData

IWM279.33

Jumpy — moves get amplified剧烈 — 波动被放大

Closed 3.7% below the flip. Swings run larger than usual.收于翻转位下方 3.7%。波动幅度大于平常。

Floor下方墙270 Flip翻转位289.73 Ceiling上方墙300

Protect gains保护利润 ±1.25%

Priced move to Nov 27: ±4.0%至Nov 27的定价波幅：±4.0%

Floor下方墙 Flip翻转位 Ceiling上方墙

Priced move stays inside the walls定价波幅在墙位之内

Straddle跨式 costs $11.49 a share · 4.0% of the index成本 $11.49/股 · 占指数 4.0% pays past 273 or 295在 273 或 295 之外获利 most you can lose: the cost · most you can make: no cap最多损失：成本金额 · 最多盈利：无上限

Upside for downside以下行换上行 brings in $0.53 a share收入 $0.53/股 no breakeven today今日无盈亏平衡点 below 275 it loses like the index; above 294 it gains like the index低于 275 时与指数同跌；高于 294 时与指数同涨

Downside hedge下行保护 costs $1.03 a share · 0.4% of the index成本 $1.03/股 · 占指数 0.4% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $12.97 a share最多损失：成本金额 · 最多盈利：每股 $12.97

Upside play上行押注 costs $0.96 a share · 0.3% of the index成本 $0.96/股 · 占指数 0.3% no breakeven today今日无盈亏平衡点 most you can lose: the cost · most you can make: $13.04 a share最多损失：成本金额 · 最多盈利：每股 $13.04

End-of-day mid prices, Nov 27 expiry · ThetaData收盘中间价，11月27日到期 · ThetaData

Levels are measured from this close and hold until tomorrow's data run. A move through one intraday does not count until it closes there.水位以本次收盘计算，在明日数据更新前有效。盘中穿越某一水位，须以收盘站稳为准。 2026-10-30

Where the money went资金去向

Premium by sector各板块权利金

how concentrated today's options money was今日期权资金的集中程度

Technology科技 $10.9B buying ~买入 ~

Index ETFsIndex ETFs $3.9B buying ~买入 ~

Consumer Disc.Consumer Disc. $1.6B buying ~买入 ~

CommunicationCommunication $1.2B selling ~卖出 ~

Health Care医疗保健 $424M selling ~卖出 ~

Industrials工业 $423M buying ~买入 ~

Financials金融 $347M mixed混合

Energy能源 $115M mixed混合

StaplesStaples $92M mixed混合

Utilities公用事业 $51M mixed混合

Materials原材料 $12M mixed混合

Real Estate房地产 $500K mixed混合

Watch — don't chase观察—勿追高 Two sectors took 78% of today's premium. This is a picture of where money went, not a forecast of where it goes next. 两个板块占据今日 78% 的权利金。这是资金去向的记录，而非对后续走向的预测。 tone: not reliable alone倾向：不足以单独判断 2026-08-13

Biggest single bets最大单笔押注

net premium, direction approximate净权利金，方向为近似值

SNDK +$824M call-leaning偏看涨 0% same-day0% 当日到期

MU +$639M call-leaning偏看涨 0% same-day0% 当日到期

SPY +$404M call-leaning偏看涨 64% same-day64% 当日到期

NVDA +$264M call-leaning偏看涨 0% same-day0% 当日到期

TSLA +$250M call-leaning偏看涨 Same-day heavy当日到期为主 0% same-day0% 当日到期

QQQ +$175M call-leaning偏看涨 65% same-day65% 当日到期

RTX +$159M call-leaning偏看涨 0% same-day0% 当日到期

MSTR −$152M put-leaning偏看跌 0% same-day0% 当日到期

LLY −$120M put-leaning偏看跌 0% same-day0% 当日到期

NBIS −$114M put-leaning偏看跌 0% same-day0% 当日到期

Watch — don't chase观察—勿追高 Big premium marks attention, not conviction. A single large trade can be one desk hedging.大额权利金代表关注度，而非信心。单笔大单可能只是某个交易台在对冲。 2026-08-13

For tomorrow明日关注

Names worth a look before the open开盘前值得关注的标的

a research list, not a buy list研究清单，非买入清单

Money keeps showing up资金反复出现

Heavy options buying on most of the last ten days.近十个交易日中多数出现大量期权买入。

Turned back up after a washout洗盘后重新转强

Money flipped positive right after a run of selling.在连续卖出之后，资金刚刚转为流入。

Sitting near a flip level接近翻转位

Within 1% of the price where hedging changes character.距对冲性质改变的价格 1% 以内。

Get ready做好准备 Tap a name to open its workbench. These are starting points for your own work.点击标的可打开其工作台。这些只是你自行研究的起点。 2026-08-12

This page is the settled close本页呈现的是已结算的收盘

Levels here hold until tomorrow's data run. For walls that move during the session, live tape and replay, the Terminal is the live surface.此处水位在明日数据更新前保持不变。若需盘中实时移动的墙位、实时逐笔与回放，请使用交易终端。Same subscription, two clocks — the Terminal is the live desk (tape, replay, alerts); this workspace is the settled record.同一订阅，两种时钟 — 交易终端是盘中实时台（逐笔、回放、警报）；本工作台是收盘后的定格记录。

closed 16:00 ET美东 16:00 收盘

Open the Terminal打开交易终端 ↗

press / to search按 / 搜索

New to options? Read this first.不熟悉期权？先读这里。

This page maps where big options dealers are likely to push or cushion the price. It's a map of levels — not a buy/sell signal, not a price target.本页标示大型期权做市商可能推动或缓冲价格之处。这是价位地图 — 并非买卖信号、也非目标价。

Dealers are the banks that sell most options. To stay neutral they constantly buy and sell the stock against what they've sold — and that hedging quietly pushes the price around.做市商是卖出大部分期权的银行。为保持中性，它们不断反向买卖股票 — 这种对冲会悄悄推动价格。
Sometimes their hedging calms the market, sometimes it makes it jumpy. Leaning against moves keeps price in a range; piling into moves makes trends and air-pockets bigger. It's about how volatile — not which direction.对冲有时让市场平静、有时让市场跳动。逆势对冲使价格停在区间；顺势对冲使趋势与急跌更大。这关乎波动多大 — 而非方向。
Walls are the prices where that hedging is heaviest — a call wall above acts like a ceiling, a put wall below like a floor. Each is scored Strong → Faint. Price tends to stall there; it doesn't aim there.墙是对冲最重的价位 — 上方看涨墙像天花板，下方看跌墙像地板。每面墙有强弱评分。价格倾向在此停滞，而非以此为目标。
The flip is the line between the calm and jumpy regimes — watch it like a thermostat, not like support/resistance.翻转是平静与跳动体制的分界 — 像恒温器一样观察它，而非支撑/阻力。
How to use it: pick a name, read the one-line verdict, look at the ladder, then watch the daily-close triggers. The math is solid for indices and big ETFs, loose for single stocks.用法：选一个标的，读一行结论，看价位图，再关注日线收盘触发。对指数与大型ETF稳健，对个股宽松。