MMM options flow: unusual options activity in 3M Co.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 26 unusual options prints in 3M Co. (MMM), $1.3M of tracked premium, leaning bearish. Bullish premium was $404K against $606K bearish; $817K went into calls and $504K into puts, a put call ratio of 0.62. The largest print was $157K of MMM 20 Nov 2026 $175 calls on 23 September 2026, swept at bid. The last session with prints, 25 September 2026, added 1 print and $47K of premium. MMM closed at $169.55 on 25 September 2026, up 1.2%.
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 |
|---|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | MMM 20 Nov 2026 $175 calls | Sweep | 289 | 5,265 | $157K | At bid | Bearish | Notable |
| 21 Sep 2026 | MMM 20 Nov 2026 $175 calls | Trade | 352 | 5,382 | $140K | At ask | Neutral | |
| 23 Sep 2026 | MMM 20 Nov 2026 $175 calls | Sweep | 116 | 5,265 | $64K | At ask | Bullish | Notable |
| 21 Sep 2026 | MMM 18 Dec 2026 $185 puts | Trade | 30 | 28 | $64K | At ask | Neutral | |
| 24 Sep 2026 | MMM 19 Mar 2027 $170 calls | Trade | 49 | 81 | $62K | At ask | Bullish | Notable |
| 23 Sep 2026 | MMM 2 Oct 2026 $170 puts | Sweep | 223 | 409 | $60K | At ask | Bearish | Notable |
| 21 Sep 2026 | MMM 20 Nov 2026 $185 calls | Trade | 352 | 3,717 | $58K | At bid | Neutral | |
| 22 Sep 2026 | MMM 20 Nov 2026 $180 puts | Trade | 35 | 172 | $54K | At bid | Bullish | |
| 23 Sep 2026 | MMM 2 Oct 2026 $170 calls | Sweep | 208 | 88 | $49K | At bid | Bearish | Notable |
| 24 Sep 2026 | MMM 17 Jun 2027 $175 calls | Sweep | 34 | 567 | $48K | At bid | Bearish | Notable |
| 23 Sep 2026 | MMM 17 Sep 2027 $170 puts | Sweep | 29 | 56 | $48K | At bid | Neutral | |
| 23 Sep 2026 | MMM 17 Sep 2027 $200 calls | Sweep | 50 | 112 | $47K | At ask | Bullish |
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 | 7 | $539K | 90% | +$27K |
| 17 Sep 2027 | 6 | $233K | 46% | +$61K |
| 2 Oct 2026 | 5 | $224K | 22% | -$224K |
| 18 Dec 2026 | 3 | $119K | 0% | -$55K |
| 19 Mar 2027 | 1 | $62K | 100% | +$62K |
| 17 Jun 2027 | 1 | $48K | 100% | -$48K |
The most premium, $539K, is aimed at the 20 Nov 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 | MMM 2 Oct 2026 $172.50 puts | Trade | 141 | 4 | $47K | At ask | Bearish | Notable |
Every print in MMM with its full detail, the live tape, one tap filters and saved screeners: open MMM in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open MMM in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 8 firms, have a median of $182, 7.0% 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 3M Co.
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Medical Equipment
- Headquarters
- St. Paul, Minnesota
- Website
- 3m.com
The Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications. The Transportation and Electronics segment provides ceramic solutions for transportation vehicles. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software. The Consumer segment provides consumer bandages, braces, supports and consumer respirators.
In the same sector
Flow pages for other Industrials names in the S&P 500:
CAT Caterpillar Inc.GE General Electric Co.GEV GE Vernova Inc.RTX RTX Corp.DE Deere & Co.ETN Eaton Corp. plcUNP Union Pacific Corp.BA Boeing Co.
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 MMM 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 MMM in Options Sentiment Screener