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

Unusual prints11
Tracked premium$1.2M
Net premium+$644K
Bullish premium$903K
Bearish premium$259K
Call premium$1.1M
Put premium$111K
P/C ratio0.11
Sweeps55%
Size over OI1
Whale prints0
High conviction2

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

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026ICE 21 Jan 2028 $80 callsSweep50115$398KAt askBullishHigh conviction
25 Sep 2026ICE 21 Jan 2028 $80 callsSweep23115$183KAt askBullishNotable
21 Sep 2026ICE 16 Oct 2026 $155 putsSweep308205$111KAt askBearishHigh conviction
23 Sep 2026ICE 18 Dec 2026 $170 callsSweep227335$86KAt askBullishNotable
25 Sep 2026ICE 21 Jan 2028 $80 callsTrade10115$80KAt askBullish
21 Sep 2026ICE 17 Sep 2027 $100 callsSweep1062$60KAt askBullishNotable
21 Sep 2026ICE 17 Sep 2027 $100 callsTrade1062$60KAt bidBearish
22 Sep 2026ICE 19 Jan 2029 $115 callsSweep10197$55KAt askBullishNotable
22 Sep 2026ICE 19 Jan 2029 $115 callsTrade10197$55KAt bidBearish
25 Sep 2026ICE 21 Jan 2028 $80 callsTrade5115$40KAt askBullish
22 Sep 2026ICE 21 Jan 2028 $170 callsTrade201,358$33KAt bidBearish

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

ExpiryPrintsPremiumCalls shareNet premium
21 Jan 20285$734K100%+$668K
17 Sep 20272$120K100%+$190
16 Oct 20261$111K0%-$111K
19 Jan 20292$110K100%+$100
18 Dec 20261$86K100%+$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

Prints4
Premium$701K
Net premium+$701K
P/C ratio0.00
Sweeps50%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026ICE 21 Jan 2028 $80 callsSweep50115$398KAt askBullishHigh conviction
25 Sep 2026ICE 21 Jan 2028 $80 callsSweep23115$183KAt askBullishNotable
25 Sep 2026ICE 21 Jan 2028 $80 callsTrade10115$80KAt askBullish
25 Sep 2026ICE 21 Jan 2028 $80 callsTrade5115$40KAt askBullish

Every print in ICE with its full detail, the live tape, one tap filters and saved screeners: open ICE in Options Sentiment Screener.

Price

Last close$154.31
Day-1.67%
1 week-0.75%
1 month-4.70%
3 months+24.58%
1 year-8.18%
52 week high$176.05
52 week low$121.79
Volume2,506,334
Market cap$87.8B

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

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