ECHO options flow: unusual options activity in EchoStar CORP
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 25 unusual options prints in EchoStar CORP (ECHO), $3.7M of tracked premium, leaning bearish. Bullish premium was $228K against $799K bearish; $3.0M went into calls and $657K into puts, a put call ratio of 0.22. The largest print was $1.9M of ECHO 18 Dec 2026 $100 calls on 25 September 2026, swept at bid. The last session with prints, 25 September 2026, added 7 prints and $2.6M of premium. ECHO closed at $90.11 on 25 September 2026, down 0.3%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 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 | ECHO 18 Dec 2026 $100 calls | Sweep | 3,953 | 11,902 | $1.9M | At bid | Neutral | Whale |
| 25 Sep 2026 | ECHO 18 Dec 2026 $120 calls | Sweep | 3,953 | 20,926 | $521K | At ask | Neutral | Notable |
| 23 Sep 2026 | ECHO 16 Oct 2026 $91 puts | Sweep | 583 | 0 | $181K | At ask | Bearish | High conviction |
| 22 Sep 2026 | ECHO 18 Dec 2026 $75 puts | Trade | 1,000 | 4,339 | $130K | At ask | Bearish | |
| 21 Sep 2026 | ECHO 19 Mar 2027 $105 calls | Sweep | 100 | 130 | $95K | At midpoint | Neutral | Notable |
| 21 Sep 2026 | ECHO 21 Jan 2028 $200 calls | Sweep | 170 | 1,740 | $75K | At bid | Bearish | |
| 21 Sep 2026 | ECHO 30 Oct 2026 $105 calls | Sweep | 405 | 35 | $71K | At bid | Bearish | Notable |
| 21 Sep 2026 | ECHO 19 Mar 2027 $105 puts | Sweep | 34 | 13 | $56K | At bid | Bullish | Notable |
| 21 Sep 2026 | ECHO 21 Jan 2028 $200 calls | Sweep | 111 | 1,740 | $49K | At bid | Bearish | |
| 25 Sep 2026 | ECHO 18 Dec 2026 $100 calls | Sweep | 100 | 11,902 | $48K | At ask | Neutral | |
| 23 Sep 2026 | ECHO 16 Oct 2026 $91 puts | Sweep | 154 | 0 | $46K | At bid | Bullish | Notable |
| 21 Sep 2026 | ECHO 21 Jan 2028 $200 calls | Sweep | 111 | 1,740 | $46K | At bid | Bearish |
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 |
|---|---|---|---|---|
| 18 Dec 2026 | 6 | $2.7M | 95% | -$159K |
| 16 Oct 2026 | 8 | $430K | 0% | -$168K |
| 21 Jan 2028 | 4 | $196K | 100% | -$196K |
| 19 Mar 2027 | 2 | $151K | 63% | +$56K |
| 15 Jan 2027 | 2 | $78K | 48% | +$4K |
| 30 Oct 2026 | 1 | $71K | 100% | -$71K |
The most premium, $2.7M, is aimed at the 18 Dec 2026 expiry; the nearest expiry with unusual prints is 16 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 | ECHO 18 Dec 2026 $100 calls | Sweep | 3,953 | 11,902 | $1.9M | At bid | Neutral | Whale |
| 25 Sep 2026 | ECHO 18 Dec 2026 $120 calls | Sweep | 3,953 | 20,926 | $521K | At ask | Neutral | Notable |
| 25 Sep 2026 | ECHO 18 Dec 2026 $100 calls | Sweep | 100 | 11,902 | $48K | At ask | Neutral | |
| 25 Sep 2026 | ECHO 16 Oct 2026 $91 puts | Sweep | 147 | 1,002 | $44K | At ask | Bearish | Notable |
| 25 Sep 2026 | ECHO 15 Jan 2027 $90 puts | Sweep | 54 | 803 | $41K | At bid | Bullish |
Every print in ECHO with its full detail, the live tape, one tap filters and saved screeners: open ECHO in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open ECHO in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 5 firms, have a median of $130, 44.3% above the last close. The last 90 days brought 2 upgrades.
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 EchoStar CORP
- Exchange
- Nasdaq
- Sector
- Communication Services
- Industry
- Communication
- Headquarters
- Englewood, Colorado
- Website
- echostar.com
EchoStar Corporation provides networking technologies and services worldwide. The Hughes segment offers broadband network technologies, managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses.
In the same sector
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GOOGL Alphabet Inc.GOOG Alphabet Inc.META Meta Platforms, Inc.NFLX Netflix Inc.VZ Verizon Communications Inc.DIS Walt Disney Co.TMUS T-Mobile US, Inc.T AT&T Inc.
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 ECHO 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 ECHO in Options Sentiment Screener