PSX Unusual Option Activity
Phillips 66 (PSX) option volume on Nov 4, 2026 was 10.3% of open interest, well above the 20-day average of 4.5%. Calls made up 34.8% of the volume.
PSX Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is PSX seeing unusual options activity?
On Nov 4, 2026, Phillips 66 options traded 8.47K contracts against 82.39K open, a volume to open interest ratio of 0.10, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are PSX traders trading more calls or puts?
Calls made up 34.8% of Phillips 66 option volume on Nov 4, 2026, a put/call ratio of 1.87, so puts outnumber calls. The PSX option volume chart shows calls and puts by strike.
What is Phillips 66?
Phillips 66 is an independent refiner that owns or holds an interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day at the end of 2025.