As of the latest session, DIA is trading at $518.76 (+0% on the day). Today's options tape is leaning bearish — call volume is 36% of total contracts (4K calls vs 8K puts, a 0.56× call/put ratio). The most active contract is the $518 PUT expiring 2026-07-31 on 2K contracts.
The DIA options tape is tilted bearish right now — puts are 64% of volume (a 0.56× call/put ratio). Heavy put volume can be outright downside bets or protective hedging; the tell is whether the largest prints are hitting the ask with urgency or just rolling protection.
New to reading flow? Volume vs open interest → · What is implied volatility → · Sweeps vs blocks →
Options flow shows where real money is positioning before a move. A bullish lean (heavy call volume, high call/put ratio, sweeps bought at the ask) means traders are paying up for upside; a bearish lean is the reverse. The largest, most-aggressive prints — sweeps filled across exchanges at the ask — carry the most signal. On the AlgoX conviction desk, DIA is scored live against net premium, relative volume, momentum and the biggest sweep of the day.
Based on the latest session, DIA flow is leaning bearish — calls are 36% of total options volume, a 0.56× call/put ratio. Flow lean is a positioning signal, not a guarantee of direction.
DIA's call/put ratio is currently 0.56× — 4K call contracts versus 8K put contracts. Above 1 means more call than put volume (often bullish); below 1 means puts dominate.
The most-active DIA contract in the latest snapshot is the $518 PUT expiring 2026-07-31, trading 2K contracts.
Unusual options activity in DIA means volume well above normal — especially large blocks or sweeps bought at the ask. Those aggressive, urgent prints carry the most signal, and they're exactly what the AlgoX conviction desk flags in real time.
The full conviction board ranks DIA and the whole tape in real time — with the exact contract the smart money is buying. Top flow is free to watch in the Discord.
Data via Polygon · refreshes through the session · educational, not financial advice · options carry substantial risk.