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Do Multi-Leg Options Count as One Day Trade?
SPY contract volume by days to expiry, September 2026ranking · 2026-10-05 · 4×3Preview: 4 ranked values, largest first.
SPY contract volume by days to expiry, September 2026

SPY contract volume by days to expiry, September 2026

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SPY contract volume by days to expiry, September 2026 — 4 rows by 3 columns, computed from US exchange, SIP and OPRA data.
dte_bucketcontracts_millionsshare_pct
1 to 542.8757.7
6 to 2118.1624.4
22 to 608.6111.6
61 or more4.676.3
the exact SQL behind every number
WITH
    (
        SELECT sum(volume)
        FROM global_markets.options_greeks
        WHERE underlying_symbol = 'SPY'
          AND date >= '2026-09-01'
          AND date <  '2026-10-01'
          AND volume > 0
    ) AS month_volume
SELECT
    multiIf(
        days_to_expiry = 0,               '0 (same day)',
        days_to_expiry BETWEEN 1 AND 5,   '1 to 5',
        days_to_expiry BETWEEN 6 AND 21,  '6 to 21',
        days_to_expiry BETWEEN 22 AND 60, '22 to 60',
                                          '61 or more')  AS dte_bucket,
    round(sum(volume) / 1e6, 2)                           AS contracts_millions,
    round(100 * sum(volume) / month_volume, 1)            AS share_pct
FROM global_markets.options_greeks
WHERE underlying_symbol = 'SPY'
  AND date >= '2026-09-01'
  AND date <  '2026-10-01'
  AND volume > 0
GROUP BY dte_bucket
ORDER BY min(days_to_expiry)
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