WMB options flow: unusual options activity in Williams Companies, Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 31 unusual options prints in Williams Companies, Inc. (WMB), $2.3M of tracked premium, leaning bullish. Bullish premium was $1.4M against $696K bearish; $846K went into calls and $1.5M into puts, a put call ratio of 1.75. The largest print was $770K of WMB 30 Oct 2026 $66 puts on 22 September 2026, executed at bid. The last session with prints, 25 September 2026, added 8 prints and $379K of premium. WMB closed at $69.26 on 25 September 2026, down 1.9%.
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 |
|---|---|---|---|---|---|---|---|---|
| 22 Sep 2026 | WMB 30 Oct 2026 $66 puts | Trade | 17,120 | 27 | $770K | At bid | Bullish | High conviction |
| 23 Sep 2026 | WMB 20 Nov 2026 $75 calls | Sweep | 686 | 2,631 | $151K | At ask | Bullish | High conviction |
| 22 Sep 2026 | WMB 16 Oct 2026 $72 calls | Sweep | 798 | 283 | $144K | At ask | Bullish | Whale |
| 23 Sep 2026 | WMB 15 Jan 2027 $65 puts | Trade | 500 | 4,896 | $92K | At midpoint | Neutral | |
| 22 Sep 2026 | WMB 20 Nov 2026 $75 calls | Sweep | 357 | 1,593 | $79K | At ask | Bullish | Notable |
| 22 Sep 2026 | WMB 18 Dec 2026 $65 puts | Sweep | 462 | 231 | $74K | At ask | Bearish | High conviction |
| 21 Sep 2026 | WMB 16 Oct 2026 $72 calls | Sweep | 257 | 0 | $62K | At ask | Bullish | High conviction |
| 23 Sep 2026 | WMB 16 Oct 2026 $70 puts | Sweep | 506 | 4,272 | $58K | At ask | Bearish | Notable |
| 25 Sep 2026 | WMB 19 Jan 2029 $80 calls | Sweep | 61 | 2 | $57K | At bid | Bearish | High conviction |
| 23 Sep 2026 | WMB 16 Oct 2026 $70 puts | Trade | 494 | 4,272 | $57K | At ask | Bearish | |
| 25 Sep 2026 | WMB 15 Jan 2027 $65 puts | Sweep | 231 | 6,168 | $57K | At ask | Bearish | Notable |
| 25 Sep 2026 | WMB 19 Jan 2029 $80 calls | Sweep | 60 | 2 | $56K | At bid | Bearish | High conviction |
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 |
|---|---|---|---|---|
| 30 Oct 2026 | 2 | $818K | 0% | +$722K |
| 16 Oct 2026 | 6 | $389K | 53% | +$79K |
| 20 Nov 2026 | 5 | $325K | 100% | +$259K |
| 15 Jan 2027 | 4 | $230K | 18% | -$60K |
| 19 Jan 2029 | 4 | $206K | 100% | -$206K |
| 18 Dec 2026 | 4 | $156K | 0% | -$156K |
The most premium, $818K, is aimed at the 30 Oct 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, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | WMB 19 Jan 2029 $80 calls | Sweep | 61 | 2 | $57K | At bid | Bearish | High conviction |
| 25 Sep 2026 | WMB 15 Jan 2027 $65 puts | Sweep | 231 | 6,168 | $57K | At ask | Bearish | Notable |
| 25 Sep 2026 | WMB 19 Jan 2029 $80 calls | Sweep | 60 | 2 | $56K | At bid | Bearish | High conviction |
| 25 Sep 2026 | WMB 19 Jan 2029 $80 calls | Sweep | 60 | 2 | $56K | At bid | Bearish | Notable |
| 25 Sep 2026 | WMB 30 Oct 2026 $67 puts | Sweep | 369 | 4 | $48K | At ask | Bearish | High conviction |
Every print in WMB with its full detail, the live tape, one tap filters and saved screeners: open WMB in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open WMB in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 14 firms, have a median of $86, 24.2% 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 Williams Companies, Inc.
- Exchange
- NYSE
- Sector
- Energy
- Industry
- Utilities
- Headquarters
- Wilmington, Oklahoma
- Website
- williams.com
The Williams Companies, Inc. operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity.
In the same sector
Flow pages for other Energy names in the S&P 500:
XOM ExxonMobil Holdings Corp.CVX Chevron Corp.COP ConocoPhillipsVLO Valero Energy Corp.MPC Marathon Petroleum Corp.PSX Phillips 66SLB SLB LimitedEOG EOG Resources 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 WMB 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 WMB in Options Sentiment Screener