Put Sweeps — September 16, 2026 | Pushing Profits
Category: Put Sweeps | Date: 2026-09-16
Significant put sweeps highlight bearish sentiment in SPY and key individual stocks today.
Report
On September 16, 2026, significant put sweeps were observed, indicating traders may be hedging against potential declines in various sectors. The most notable activity was in SPY puts, with a staggering $5.8 million premium for options expiring on October 2, 2026, suggesting strong bearish sentiment in the broader market. In individual stocks, Robinhood (HOOD) saw $3.0 million in put premiums for options expiring in March 2027, reflecting concerns over its future performance. Tesla (TSLA) also attracted attention with two notable puts totaling $3.2 million, hinting at mixed sentiment among investors as the stock approaches critical price levels. Smaller flows were seen in IWM puts with a $1.3 million premium and in Coinbase (COIN) with $1.0 million, suggesting traders are exploring downside protection or taking short positions in these names as market volatility continues to be a concern. Key Put Sweeps of the Day: SPY PUT $747 exp 2026-10-02: $5.8M premium HOOD PUT $90 exp 2027-03-19: $3.0M premium TSLA PUT $350 exp 2026-12-18: $2.0M premium IWM PUT $285 exp 2026-09-25: $1.3M premium TSLA PUT $365 exp 2026-10-16: $1.2M premium COIN PUT $187.5 exp 2026-10-09: $1.0M premium
Frequently Asked Questions
What are put sweeps?
Put sweeps are large options orders executed quickly on the same side, indicating strong investor sentiment about potential declines.
How can I use put sweeps in my trading strategy?
Traders can use put sweeps as signals for potential bearish trends or to hedge their positions against downturns.
What does a high premium on put options indicate?
A high premium suggests that traders expect a significant movement in the underlying stock, usually a decline, making the options more valuable.