SHW options flow: unusual options activity in Sherwin Williams Co.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 11 unusual options prints in Sherwin Williams Co. (SHW), $1.2M of tracked premium, leaning firmly bullish. Bullish premium was $804K against $59K bearish; $510K went into calls and $699K into puts, a put call ratio of 1.37. The largest print was $346K of SHW 18 Dec 2026 $290 puts on 25 September 2026, swept at midpoint. The last session with prints, 25 September 2026, added 6 prints and $754K of premium. SHW closed at $329.10 on 25 September 2026, up 2.7%.
This week's unusual flow
Prints from 22 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 | SHW 18 Dec 2026 $290 puts | Sweep | 744 | 172 | $346K | At midpoint | Neutral | High conviction |
| 25 Sep 2026 | SHW 15 Jan 2027 $350 calls | Trade | 250 | 725 | $259K | At ask | Bullish | Notable |
| 22 Sep 2026 | SHW 15 Jan 2027 $340 puts | Sweep | 92 | 182 | $235K | At bid | Bullish | Notable |
| 24 Sep 2026 | SHW 16 Oct 2026 $300 puts | Trade | 650 | 1,751 | $91K | At bid | Bullish | |
| 24 Sep 2026 | SHW 16 Oct 2026 $330 calls | Sweep | 92 | 49 | $54K | Above ask | Bullish | High conviction |
| 25 Sep 2026 | SHW 18 Dec 2026 $360 calls | Sweep | 79 | 215 | $50K | At ask | Bullish | Notable |
| 24 Sep 2026 | SHW 20 Nov 2026 $340 calls | Sweep | 65 | 12 | $48K | At ask | Bullish | High conviction |
| 25 Sep 2026 | SHW 20 Nov 2026 $370 calls | Sweep | 150 | 23 | $40K | At ask | Bullish | High conviction |
| 25 Sep 2026 | SHW 15 Jan 2027 $350 calls | Sweep | 33 | 725 | $32K | At bid | Bearish | |
| 23 Sep 2026 | SHW 20 Nov 2026 $320 puts | Sweep | 24 | 3 | $27K | At ask | Bearish | Notable |
| 25 Sep 2026 | SHW 16 Oct 2026 $340 calls | Sweep | 69 | 574 | $27K | 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 |
|---|---|---|---|---|
| 15 Jan 2027 | 3 | $525K | 55% | +$461K |
| 18 Dec 2026 | 2 | $396K | 13% | +$50K |
| 16 Oct 2026 | 3 | $172K | 47% | +$172K |
| 20 Nov 2026 | 3 | $116K | 76% | +$61K |
The most premium, $525K, is aimed at the 15 Jan 2027 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 | SHW 18 Dec 2026 $290 puts | Sweep | 744 | 172 | $346K | At midpoint | Neutral | High conviction |
| 25 Sep 2026 | SHW 15 Jan 2027 $350 calls | Trade | 250 | 725 | $259K | At ask | Bullish | Notable |
| 25 Sep 2026 | SHW 18 Dec 2026 $360 calls | Sweep | 79 | 215 | $50K | At ask | Bullish | Notable |
| 25 Sep 2026 | SHW 20 Nov 2026 $370 calls | Sweep | 150 | 23 | $40K | At ask | Bullish | High conviction |
| 25 Sep 2026 | SHW 15 Jan 2027 $350 calls | Sweep | 33 | 725 | $32K | At bid | Bearish |
Every print in SHW with its full detail, the live tape, one tap filters and saved screeners: open SHW in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open SHW in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 11 firms, have a median of $395, 20.0% 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 Sherwin Williams Co.
- Exchange
- NYSE
- Sector
- Materials
- Industry
- Retail
- Headquarters
- Cleveland, Ohio
- Website
- sherwin-williams.com
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia.
In the same sector
Flow pages for other Materials names in the S&P 500:
LIN Linde PLCNEM Newmont Corp.FCX Freeport-McMoRan Inc.ECL Ecolab Inc.APD Air Products & Chemicals, Inc.CRH CRH Public Ltd. Co.NUE Nucor Corp.CTVA Corteva, 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 SHW 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 SHW in Options Sentiment Screener