STRASMORE/EXPLORE 3,256 QUERIES

SPY option volume, minute by minute into the 9:30 open

Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-10-04, from What Time Do Options Start Trading?.

as of series 46×3read in context →
SPY option volume, minute by minute into the 9:30 open — 46 rows by 3 columns, computed from US exchange, SIP and OPRA data.
et_timecontract_volumeactive_pct
09:1500
09:1600
09:1700
09:1800
09:1900
09:2000
09:2100
09:2200
09:2300
09:2400
09:2500
09:2600
09:2700
09:2800
09:2900
09:3074043100
09:3131084100
09:3236602100
09:3336406100
09:3429715100
09:3537843100
09:3644351100
09:3731090100
09:3837355100
09:3933072100
09:4037509100
09:4135731100
09:4242472100
09:4329977100
09:4437865100
09:4544749100
09:4632938100
09:4753413100
09:4849050100
09:4948340100
09:5033843100
09:5135403100
09:5239609100
09:5341882100
09:5438135100
09:5545959100
09:5639470100
09:5737426100
09:5834274100
09:5956082100
10:0063577100
Rows × columns
46 × 3
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for SPY option volume, minute by minute into the 9:30 open, derived from the stored result.
ColumnTypeRangeNotes
et_time text 46 distinct values (09:15, 09:16, 09:17…)
contract_volume number 0 to 74,043 count
active_pct number 0 to 100 percent

Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.

Run it yourself

This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.

WITH tape AS
(
    SELECT
        toHour(toTimeZone(window_start, 'America/New_York')) * 60
      + toMinute(toTimeZone(window_start, 'America/New_York'))              AS minute_of_day,
        countDistinct(toDate(toTimeZone(window_start, 'America/New_York'))) AS days_traded,
        sum(volume)                                                         AS contracts
    FROM global_markets.options_minute_aggs
    WHERE startsWith(ticker, 'O:SPY')
      AND length(ticker) = 20
      AND window_start >= today() - 12
      AND window_start <  today() - 2
    GROUP BY minute_of_day
)
SELECT
    formatDateTime(toDateTime('2026-01-01 00:00:00') + grid.minute_of_day * 60, '%H:%i')         AS et_time,
    toUInt64(round(ifNull(t.contracts, 0) / greatest((SELECT max(days_traded) FROM tape), 1)))   AS contract_volume,
    round(100 * ifNull(t.days_traded, 0) / greatest((SELECT max(days_traded) FROM tape), 1), 1)  AS active_pct
FROM
(
    SELECT 555 + arrayJoin(range(46)) AS minute_of_day
) AS grid
LEFT JOIN tape AS t ON t.minute_of_day = grid.minute_of_day
ORDER BY grid.minute_of_day
⌘/Ctrl + Enter

Work with this data in your AI assistant

Opens ready to query, with this page's data. Free, no account.

More from this analysisWhat Time Do Options Start Trading?
US option contract volume by Eastern-time half hour series 21×3 → Scheduled open and close on every upcoming half day series 2×6 → Average one minute range by ET clock minute, 09:30 to 10:59 series 90×3 → SPY and SPX option volume by the minute, 15:45 to 16:25 ET series 41×3 → SPY implied volatility vs the volatility realized in the following month series 23×5 → One quote, two multipliers: AAPL near-the-money premium converted to cash series 21×4 → See all 3,256 queries →