SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF
US ˙ ARCA ˙ US46138E3624

Put/Call Ratios - Forward Looking and Historical

The OI Put/Call Ratio for SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF is 0.45. The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Update Frequency: Daily

See top companies with the most optimistic put/call ratios.

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.
SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF Put/Call Ratio by Expiry
Expiry DTX Open Put
Interest
Open Call
Interest
Put/Call
Ratio
2025-09-19 12 343
2025-10-17 40 6
2025-12-19 103 49
2026-03-20 194 20
SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF Put/Call Ratio
Date Put OI Put OI
(OTM)
Call OI Call OI
(OTM)
Put/Call
Ratio
Put/Call
Ratio (OTM)
2025-09-05 418 401
2025-09-04 417 401
2025-09-03 415 400
2025-09-02 415 400
2025-08-29 414 399
2025-08-28 413 398
2025-08-27 413 398
2025-08-26 405 394
2025-08-25 404 394
2025-08-22 402 394
2025-08-21 398 390
2025-08-20 388 380
2025-08-19 388 380
2025-08-18 389 347
2025-08-15 468 413
2025-08-14 468 413
2025-08-13 468 459
2025-08-12 467 412
2025-08-11 465 410
2025-08-08 465 410
Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF Call Options Volume SPHD / Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 High Dividend Low Volatility ETF Put Options Volume
Date Put
Volume
Put
OI
Put Volume
/Put OI
Call
Volume
Call
OI
Call Volume
/Call OI
2025-09-05 4 418 24 920
2025-09-04 1 417 9 923
2025-09-03 2 415 46 906
2025-09-02 1 415 64 888
2025-08-29 2 414 6 889
2025-08-28 1 413 24 904
2025-08-27 0 413 12 894
2025-08-26 8 405 24 876
2025-08-25 3 404 12 872
2025-08-22 5 402 78 845
2025-08-21 14 398 20 826
2025-08-20 12 388 18 810
2025-08-19 1 388 18 793
2025-08-18 1 389 68 772
2025-08-15 0 468 133 850
2025-08-14 0 468 1 850
2025-08-13 0 468 145 836
2025-08-12 1 467 8 836
2025-08-11 2 465 15 832
2025-08-08 0 465 25 821
2025-08-07 5 460 6 821
2025-08-06 0 460 9 820
2025-08-05 0 460 10 818
2025-08-04 2 458 13 811
2025-08-01 1 457 5 811
Source: CBOE
Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Date Put
Premium Bought
Put
Premium Sold
Net Put
Premium Bought
Call
Premium Bought
Call
Premium Sold
Net Call
Premium Bought
Net Long
Premium Bought
2025-09-05 20 5 15 669 1,585 -916 -931
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Source: CBOE
Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Date Put Θ
(Avg)
Call Θ
(Avg)
Θ
(Avg)
Put Γ
(Avg)
Call Γ
(Avg)
Γ
(Avg)
Put Δ
(Avg)
Call Δ
(Avg)
Δ
(Avg)
2025-09-05
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Option Trading Volume - Total Market

Update Frequency: Daily

Date Put
Volume
Put Volume
(20d ma)
Put
Volume/20ma (%)
Call
Volume
Call Volume
(20d ma)
Call
Volume/20ma (%)
Total Volume Put/Call
Volume
Put/Call
Volume (20d ma)
2025-09-05 4 3 133.33 24 29 82.76 28 0.17 0.10
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
2025-08-11
2025-08-08
Source: CBOE
Option Trading Volume - Exchange

Update Frequency: Daily

Date CBOE C2 EDGX BZX PHLX NASDAQ BX GEMX ISE MRX AMEX ARCA MIAX PEARL EMLD BOX Total
2025-09-05 4 0 0 0 0 0 0 0 0 0 12 0 7 3 0 1 28
2025-09-04 1 0 0 0 0 0 0 0 0 0 0 0 5 0 1 0 10
2025-09-03 6 0 0 0 0 0 0 0 0 0 2 2 23 0 0 5 48
2025-09-02 26 0 0 0 0 0 0 0 0 0 10 8 3 0 0 4 65
2025-08-29 2 0 0 0 0 0 0 0 0 0 2 0 0 0 0 1 8
2025-08-28 1 0 0 0 0 0 0 0 0 0 11 0 4 0 0 2 25
2025-08-27 0 0 0 0 0 0 0 0 0 0 4 2 1 0 1 0 12
2025-08-26 3 0 0 0 0 0 0 0 0 0 0 0 3 0 0 14 32
2025-08-25 3 0 0 0 0 0 0 0 0 0 1 0 9 0 0 0 15
2025-08-22 46 0 0 0 0 0 0 0 0 0 11 0 4 0 2 3 83
2025-08-21 4 0 0 0 0 0 0 0 0 0 11 0 0 0 0 9 34
2025-08-20 2 0 0 0 0 0 0 0 0 0 12 1 7 0 2 0 30
2025-08-19 5 0 0 0 0 0 0 0 0 0 2 0 7 0 0 2 19
2025-08-18 12 0 0 0 0 0 0 0 0 0 2 1 24 1 5 19 69
2025-08-15 8 0 0 0 0 0 0 0 0 0 73 0 8 0 1 42 133
2025-08-14 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1
2025-08-13 9 0 0 0 0 0 0 0 0 0 12 0 116 0 0 1 145
2025-08-12 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 9
2025-08-11 1 0 0 0 0 0 0 0 0 0 7 0 7 0 1 0 17
2025-08-08 10 0 0 0 0 0 0 0 0 0 0 0 2 0 0 8 25
Source: CBOE
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