ICE options flow: unusual options activity in Intercontinental Exchange, Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 11 unusual options prints in Intercontinental Exchange, Inc. (ICE), $1.2M of tracked premium, leaning firmly bullish. Bullish premium was $903K against $259K bearish; $1.1M went into calls and $111K into puts, a put call ratio of 0.11. The largest print was $398K of ICE 21 Jan 2028 $80 calls on 25 September 2026, swept at ask. The last session with prints, 25 September 2026, added 4 prints and $701K of premium. ICE closed at $154.31 on 25 September 2026, down 1.7%.
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 | ICE 21 Jan 2028 $80 calls | Sweep | 50 | 115 | $398K | At ask | Bullish | High conviction |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Sweep | 23 | 115 | $183K | At ask | Bullish | Notable |
| 21 Sep 2026 | ICE 16 Oct 2026 $155 puts | Sweep | 308 | 205 | $111K | At ask | Bearish | High conviction |
| 23 Sep 2026 | ICE 18 Dec 2026 $170 calls | Sweep | 227 | 335 | $86K | At ask | Bullish | Notable |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Trade | 10 | 115 | $80K | At ask | Bullish | |
| 21 Sep 2026 | ICE 17 Sep 2027 $100 calls | Sweep | 10 | 62 | $60K | At ask | Bullish | Notable |
| 21 Sep 2026 | ICE 17 Sep 2027 $100 calls | Trade | 10 | 62 | $60K | At bid | Bearish | |
| 22 Sep 2026 | ICE 19 Jan 2029 $115 calls | Sweep | 10 | 197 | $55K | At ask | Bullish | Notable |
| 22 Sep 2026 | ICE 19 Jan 2029 $115 calls | Trade | 10 | 197 | $55K | At bid | Bearish | |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Trade | 5 | 115 | $40K | At ask | Bullish | |
| 22 Sep 2026 | ICE 21 Jan 2028 $170 calls | Trade | 20 | 1,358 | $33K | 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 |
|---|---|---|---|---|
| 21 Jan 2028 | 5 | $734K | 100% | +$668K |
| 17 Sep 2027 | 2 | $120K | 100% | +$190 |
| 16 Oct 2026 | 1 | $111K | 0% | -$111K |
| 19 Jan 2029 | 2 | $110K | 100% | +$100 |
| 18 Dec 2026 | 1 | $86K | 100% | +$86K |
The most premium, $734K, is aimed at the 21 Jan 2028 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 | ICE 21 Jan 2028 $80 calls | Sweep | 50 | 115 | $398K | At ask | Bullish | High conviction |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Sweep | 23 | 115 | $183K | At ask | Bullish | Notable |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Trade | 10 | 115 | $80K | At ask | Bullish | |
| 25 Sep 2026 | ICE 21 Jan 2028 $80 calls | Trade | 5 | 115 | $40K | At ask | Bullish |
Every print in ICE with its full detail, the live tape, one tap filters and saved screeners: open ICE in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open ICE in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 7 firms, have a median of $182, 17.9% above the last close.
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 Intercontinental Exchange, Inc.
- Exchange
- NYSE
- Sector
- Financials
- Industry
- Trading
- Headquarters
- Atlanta, Georgia
- Website
- ice.com
Intercontinental Exchange, Inc. operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services.
In the same sector
Flow pages for other Financials names in the S&P 500:
JPM JPMorgan Chase & Co.V Visa Inc.MA Mastercard Inc.BAC Bank of America Corp.MS Morgan StanleyGS Goldman Sachs Group Inc.WFC Wells Fargo & CompanyC Citigroup 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 ICE 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 ICE in Options Sentiment Screener