STLD options flow: unusual options activity in Steel Dynamics Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 5 unusual options prints in Steel Dynamics Inc. (STLD), $311K of tracked premium, leaning bullish. Bullish premium was $170K against $112K bearish; $251K went into calls and $61K into puts, a put call ratio of 0.24. The largest print was $144K of STLD 15 Jan 2027 $160 calls on 22 September 2026, executed at ask. The last session with prints, 28 September 2026, added 1 print and $29K of premium. STLD closed at $233.66 on 25 September 2026, down 0.7%.
This week's unusual flow
Prints from 22 September 2026 to 28 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 |
|---|---|---|---|---|---|---|---|---|
| 22 Sep 2026 | STLD 15 Jan 2027 $160 calls | Trade | 20 | 109 | $144K | At ask | Bullish | |
| 24 Sep 2026 | STLD 15 Jan 2027 $250 calls | Sweep | 50 | 135 | $81K | At bid | Bearish | |
| 25 Sep 2026 | STLD 17 Jun 2027 $240 puts | Sweep | 10 | 39 | $31K | At ask | Bearish | |
| 28 Sep 2026 | STLD 20 Nov 2026 $230 puts | Trade | 22 | 50 | $29K | At ask | Neutral | |
| 25 Sep 2026 | STLD 16 Oct 2026 $240 calls | Trade | 42 | 80 | $26K | 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 |
|---|---|---|---|---|
| 15 Jan 2027 | 2 | $225K | 100% | +$63K |
| 17 Jun 2027 | 1 | $31K | 0% | -$31K |
| 20 Nov 2026 | 1 | $29K | 0% | +$0 |
| 16 Oct 2026 | 1 | $26K | 100% | +$26K |
The most premium, $225K, 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, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | STLD 20 Nov 2026 $230 puts | Trade | 22 | 50 | $29K | At ask | Neutral |
Every print in STLD with its full detail, the live tape, one tap filters and saved screeners: open STLD in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open STLD in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 9 firms, have a median of $260, 11.3% 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 Steel Dynamics Inc.
- Exchange
- Nasdaq
- Sector
- Materials
- Industry
- Steel Works
- Headquarters
- Fort Wayne, Indiana
- Website
- stld.steeldynamics.com
Steel Dynamics, Inc. operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products. The Metals Recycle segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades.
In the same sector
Flow pages for other Materials names in the S&P 500:
LIN Linde PLCNEM Newmont Corp.FCX Freeport-McMoRan Inc.SHW Sherwin Williams Co.ECL Ecolab Inc.APD Air Products & Chemicals, Inc.CRH CRH Public Ltd. Co.NUE Nucor Corp.
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 STLD 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 STLD in Options Sentiment Screener