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Options positioning watch: MSFT — 2026-07-20 (0 DTE).

2026-07-20·global-stock-options-20260720-msft
Options positioning watch: MSFT — 2026-07-20 (0 DTE).

Put/call volume ratio: 0.31; put/call OI ratio: 0.54. Calls traded 347,830 contracts versus 107,586 puts.

The nearest ATM straddle around $402.50 prices an approximate ±$1.71 move, or 0.4% of spot, through expiry.

Near-OTM IV skew proxy: puts above calls by 3.1 volatility points.

Anomaly screen: put $402.50: 8,409 volume, 84.9x vol/OI; put $400.00: 36,587 volume, 50.9x vol/OI; call $402.50: 73,977 volume, 47.1x vol/OI.

Read-through: call volume is materially heavier than put volume; the anomaly screen surfaced notable volume/OI outliers. This describes positioning, not trade direction.

#Options #Stocks #MSFT

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