DocsPositions by Expiration

Positions by Expiration

The Positions by Expiration view displays a bar chart showing the total total options position size (calls + puts) aggregated by expiration date. This view helps you understand the term structure of positioning — where position concentration falls across near-term and longer-dated expirations.

Positions by Expiration bar chart
Positions by Expiration — bar chart showing aggregate positions across expiration dates

What This View Shows

Each bar represents the aggregate total options position (in contracts) for all strikes within a given expiration date. Green bars indicate positive options positions and red bars indicate net negative options positions. The horizontal axis shows expiration dates in chronological order.

This view helps answer questions like: Which expirations have the largest positions? Is positioning concentrated in near-term or longer-dated expirations? Are there unusually large positions in specific monthly or quarterly expirations?

Toolbar Controls

Product Selector

Choose which underlying product to display (SPX, VIX).

Configuration Panel

Participant Filter

Select which market participant category to display. The default is Market Maker.Tooltips

Hover over any bar to see the exact position value and expiration date.

💡 Tip

Look for expirations with disproportionately large bars — these are key dates where significant hedging activity may occur. Monthly and quarterly expirations (third Friday of the month) often show larger positioning than weekly expirations.