MCHP options flow: unusual options activity in Microchip Technology Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 56 unusual options prints in Microchip Technology Inc. (MCHP), $3.7M of tracked premium, leaning bearish. Bullish premium was $1.3M against $2.2M bearish; $2.8M went into calls and $909K into puts, a put call ratio of 0.32. The largest print was $351K of MCHP 20 Nov 2026 $80 calls on 23 September 2026, swept at bid. The last session with prints, 28 September 2026, added 3 prints and $257K of premium. MCHP closed at $78.69 on 25 September 2026, up 5.4%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 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 |
|---|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | MCHP 20 Nov 2026 $80 calls | Sweep | 764 | 167 | $351K | At bid | Bearish | High conviction |
| 22 Sep 2026 | MCHP 17 Jun 2027 $82.50 calls | Sweep | 209 | 39 | $224K | At ask | Bullish | High conviction |
| 21 Sep 2026 | MCHP 15 Dec 2028 $40 calls | Trade | 50 | 101 | $200K | At ask | Bullish | Notable |
| 23 Sep 2026 | MCHP 15 Jan 2027 $85 puts | Trade | 140 | 318 | $197K | At ask | Bearish | Notable |
| 23 Sep 2026 | MCHP 16 Oct 2026 $73 calls | Sweep | 400 | 4 | $196K | At bid | Bearish | High conviction |
| 21 Sep 2026 | MCHP 20 Nov 2026 $77.50 calls | Sweep | 350 | 56 | $178K | At ask | Bullish | High conviction |
| 28 Sep 2026 | MCHP 20 Nov 2026 $95 puts | Sweep | 71 | 73 | $132K | At ask | Bearish | High conviction |
| 23 Sep 2026 | MCHP 20 Nov 2026 $70 puts | Sweep | 309 | 42 | $127K | At ask | Bearish | High conviction |
| 22 Sep 2026 | MCHP 18 Dec 2026 $70 calls | Sweep | 101 | 693 | $112K | At bid | Bearish | Notable |
| 25 Sep 2026 | MCHP 23 Oct 2026 $84 calls | Trade | 679 | 4 | $98K | At bid | Bearish | Notable |
| 25 Sep 2026 | MCHP 23 Oct 2026 $80 puts | Trade | 163 | 22 | $95K | At bid | Bullish | Notable |
| 28 Sep 2026 | MCHP 20 Nov 2026 $72.50 calls | Sweep | 93 | 176 | $94K | At ask | 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 |
|---|---|---|---|---|
| 20 Nov 2026 | 16 | $1.2M | 76% | -$581K |
| 18 Dec 2026 | 16 | $800K | 96% | -$424K |
| 16 Oct 2026 | 7 | $423K | 100% | -$248K |
| 15 Jan 2027 | 3 | $318K | 0% | -$77K |
| 17 Jun 2027 | 2 | $262K | 86% | +$186K |
| 23 Oct 2026 | 3 | $233K | 42% | +$36K |
The most premium, $1.2M, is aimed at the 20 Nov 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, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | MCHP 20 Nov 2026 $95 puts | Sweep | 71 | 73 | $132K | At ask | Bearish | High conviction |
| 28 Sep 2026 | MCHP 20 Nov 2026 $72.50 calls | Sweep | 93 | 176 | $94K | At ask | Bullish | Notable |
| 28 Sep 2026 | MCHP 21 Jan 2028 $92.50 calls | Trade | 23 | 39 | $31K | At bid | Bearish |
Every print in MCHP with its full detail, the live tape, one tap filters and saved screeners: open MCHP in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open MCHP in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 13 firms, have a median of $117, 48.7% 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 Microchip Technology Inc.
- Exchange
- Nasdaq
- Sector
- Information Technology
- Industry
- Electronic Equipment
- Headquarters
- Wilmington, Arizona
- Website
- microchip.com
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit and 32-bit microcontrollers for automotive, industrial, computing, and computing, communications, and communications, lighting, power supplies, motor control, and motor control applications.
In the same sector
Flow pages for other Information Technology names in the S&P 500:
NVDA NVIDIA Corp.AAPL Apple Inc.MSFT Microsoft Corp.AVGO Broadcom Inc.MU Micron Technology Inc.AMD Advanced Micro Devices Inc.INTC Intel Corp.PLTR Palantir Technologies 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 MCHP 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 MCHP in Options Sentiment Screener