Maker Opportunity

Download

Symbol	Missed Liquidity	Exhausted Liquidity	Routed Liquidity	Volume Opportunity	Cboe ADV	Liquidity Opportunity (% of ADN)
SPY Dec 8 683.00 Put [04S1FH]	91,780	1,709	526	94,015	12,809	733.98
TSM Dec 19 200.00 Put [044n1J]	2,896	89,398	0	92,294	71	129,991.55
GDX Dec 19 69.00 Put [04Knf6]	0	83,670	0	83,670	2,007	4,168.91
SPY Dec 8 684.00 Put [04S1FF]	74,176	1,192	200	75,568	9,333	809.69
IBIT Dec 19 64.00 Call [04Agi2]	41,893	25,903	62	67,858	700	9,694.00
SPY Dec 8 683.00 Call [04S1FK]	64,327	2,708	75	67,110	14,879	451.04
SPY Dec 8 682.00 Put [04S1FI]	64,497	1,498	37	66,032	11,710	563.89
SPY Dec 9 684.00 Put [04SAfF]	60,107	992	102	61,201	9,142	669.45
SPY Dec 9 683.00 Put [04SAf3]	54,021	1,702	519	56,242	9,220	610.00
SPY Dec 10 683.00 Put [04SHy6]	51,253	994	64	52,310	3,790	1,380.21
QQQ Dec 8 624.00 Put [04S0xs]	48,948	2,732	140	51,820	7,829	661.90
QQQ Dec 8 623.00 Put [04S0xu]	48,746	2,203	64	51,013	9,008	566.31
SPY Dec 9 684.00 Call [04SAfD]	48,745	1,654	83	50,481	11,006	458.67
SPY Dec 10 684.00 Put [04SHy9]	47,637	386	27	48,050	2,528	1,900.71
SPY Dec 8 684.00 Call [04S1FG]	43,481	2,707	1,330	47,518	15,538	305.82
SPY Dec 8 685.00 Put [04S1F5]	46,330	741	44	47,115	6,277	750.60
SPY Dec 10 682.00 Put [04SHyD]	45,881	450	37	46,369	2,428	1,909.76
QQQ Dec 8 623.00 Call [04S0xv]	43,495	2,717	64	46,276	13,532	341.97
SPY Dec 8 682.00 Call [04S1FJ]	44,979	803	132	45,914	7,391	621.21
SPY Dec 10 685.00 Call [04SAda]	41,975	675	54	42,705	2,757	1,548.97
SPY Dec 11 686.00 Call [04SNWz]	40,357	1,434	163	41,953	3,704	1,132.64
SPY Dec 11 685.00 Call [04SHth]	39,832	1,114	303	41,249	2,372	1,739.00
SPY Dec 10 685.00 Put [04SAdZ]	38,624	356	72	39,051	1,504	2,596.48
SPY Dec 10 684.00 Call [04SHy4]	37,994	561	27	38,582	3,017	1,278.82
QQQ Dec 8 625.00 Put [04Rv2t]	36,214	1,347	70	37,631	5,213	721.87

Data for 2025-12-08 to 2025-12-12 inclusive.

Missed Liquidity

This is a measure for the last week of the average daily volume requested at a price equal or better than the NBBO where we had no liquidity.

Exhausted Liquidity

This is a measure for the last week of the average daily volume requested at a price equal or better than the NBBO, which were partially filled.

Routed Liquidity

This number represents for the last week the average daily volume on orders which were routed and filled on another venue.

Volume Opportunity

This is a measure of the total average daily volume of the missed, exhausted and routed liquidity.

Cboe ADV

Average Daily Volume for the last week of shares matched on Cboe for the security shown.

Liquidity Opportunity

Percentage of the ADV missed, exhausted or routed. The higher the percentage the larger the market making opportunity.