TPL Unusual Option Activity
Texas Pacific Land Corporation (TPL) option volume on Nov 4, 2026 was 17.9% of open interest, well above the 20-day average of 2.6%. Calls made up 44.6% of the volume. Relative to open interest, that was TPL's most active day in 12 weeks.
TPL 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 TPL seeing unusual options activity?
On Nov 4, 2026, Texas Pacific Land options traded 3.46K contracts against 19.34K open, a volume to open interest ratio of 0.18, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are TPL traders trading more calls or puts?
Calls made up 44.6% of Texas Pacific Land option volume on Nov 4, 2026, a put/call ratio of 1.24, so puts outnumber calls. The TPL option volume chart shows calls and puts by strike.
What is Texas Pacific Land Corporation?
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned.