APA options flow: unusual options activity in APA Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 11 unusual options prints in APA Corp. (APA), $492K of tracked premium, leaning firmly bullish. Bullish premium was $363K against $100K bearish; $244K went into calls and $247K into puts, a put call ratio of 1.01. The largest print was $90K of APA 15 Jan 2027 $20 calls on 25 September 2026, executed at ask. The last session with prints, 25 September 2026, added 2 prints and $128K of premium. APA closed at $42.74 on 25 September 2026, down 2.2%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 4 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | APA 15 Jan 2027 $20 calls | Trade | 40 | 20,836 | $90K | At ask | Bullish | |
| 21 Sep 2026 | APA 15 Jan 2027 $45 puts | Sweep | 129 | 319 | $64K | At bid | Bullish | |
| 23 Sep 2026 | APA 16 Oct 2026 $42.50 puts | Trade | 440 | 1,312 | $60K | At bid | Bullish | |
| 23 Sep 2026 | APA 16 Oct 2026 $42.50 puts | Sweep | 425 | 1,312 | $55K | At bid | Bullish | |
| 23 Sep 2026 | APA 16 Oct 2026 $42.50 puts | Sweep | 308 | 1,312 | $42K | At bid | Bullish | |
| 25 Sep 2026 | APA 21 Jan 2028 $25 calls | Sweep | 20 | 486 | $38K | At bid | Bearish | |
| 24 Sep 2026 | APA 2 Oct 2026 $47 calls | Sweep | 805 | 160 | $31K | At bid | Bearish | High conviction |
| 24 Sep 2026 | APA 16 Oct 2026 $42.50 calls | Sweep | 97 | 3,956 | $30K | At bid | Bearish | Notable |
| 24 Sep 2026 | APA 16 Oct 2026 $30 calls | Sweep | 20 | 83 | $29K | At midpoint | Neutral | |
| 23 Sep 2026 | APA 15 Jan 2027 $35 calls | Trade | 25 | 2,358 | $26K | At ask | Bullish | |
| 21 Sep 2026 | APA 18 Dec 2026 $37.50 puts | Sweep | 187 | 184 | $26K | At bid | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 16 Oct 2026 | 5 | $216K | 27% | +$127K |
| 15 Jan 2027 | 3 | $180K | 64% | +$180K |
| 21 Jan 2028 | 1 | $38K | 100% | -$38K |
| 2 Oct 2026 | 1 | $31K | 100% | -$31K |
| 18 Dec 2026 | 1 | $26K | 0% | +$26K |
The most premium, $216K, is aimed at the 16 Oct 2026 expiry; the nearest expiry with unusual prints is 2 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | APA 15 Jan 2027 $20 calls | Trade | 40 | 20,836 | $90K | At ask | Bullish | |
| 25 Sep 2026 | APA 21 Jan 2028 $25 calls | Sweep | 20 | 486 | $38K | At bid | Bearish |
Every print in APA with its full detail, the live tape, one tap filters and saved screeners: open APA in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open APA in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 14 firms, have a median of $44, 2.9% above the last close. The last 90 days brought 1 upgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About APA Corp.
- Exchange
- Nasdaq
- Sector
- Energy
- Industry
- Petroleum And Natural Gas
- Website
- apacorp.com
APA Corporation explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom. The company also operates gathering, processing, and transmission assets in West Texas.
In the same sector
Flow pages for other Energy names in the S&P 500:
XOM ExxonMobil Holdings Corp.CVX Chevron Corp.COP ConocoPhillipsVLO Valero Energy Corp.MPC Marathon Petroleum Corp.PSX Phillips 66WMB Williams Companies, Inc.SLB SLB Limited
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for APA with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open APA in Options Sentiment Screener