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]	45,520	593	245	46,358	7,164	647.10
SPY Dec 8 684.00 Put [04S1FF]	37,007	291	119	37,417	5,086	735.69
SPY Dec 8 683.00 Call [04S1FK]	35,214	927	54	36,195	9,219	392.61
SPY Dec 9 684.00 Put [04SAfF]	31,068	398	95	31,560	5,547	568.96
SPY Dec 8 682.00 Put [04S1FI]	30,789	580	39	31,408	5,212	602.61
SPY Dec 8 682.00 Call [04S1FJ]	29,826	214	24	30,064	4,263	705.23
SPY Dec 10 683.00 Put [04SHy6]	26,359	686	14	27,058	2,310	1,171.34
SPY Dec 10 684.00 Put [04SHy9]	26,073	225	6	26,303	1,406	1,870.77
SPY Dec 9 683.00 Put [04SAf3]	24,694	885	61	25,639	5,131	499.69
SPY Dec 9 684.00 Call [04SAfD]	24,360	767	45	25,171	7,667	328.30
SPY Dec 10 682.00 Put [04SHyD]	24,440	361	1	24,802	2,488	996.86
SPY Dec 9 683.00 Call [04SAf9]	24,268	118	46	24,432	3,644	670.47
SPY Dec 10 684.00 Call [04SHy4]	22,600	298	26	22,924	2,320	988.10
SPY Dec 10 686.00 Call [04SHyC]	22,135	245	9	22,389	1,808	1,238.33
SPY Dec 8 684.00 Call [04S1FG]	21,314	869	17	22,200	9,579	231.76
QQQ Dec 8 623.00 Put [04S0xu]	21,248	486	228	21,962	4,800	457.54
SPY Dec 10 685.00 Call [04SAda]	20,376	296	5	20,677	1,483	1,394.27
TSM Dec 19 200.00 Put [044n1J]	2,851	17,465	0	20,316	218	9,319.27
SPY Dec 10 685.00 Put [04SAdZ]	20,105	156	0	20,261	823	2,461.85
SPY Dec 12 682.00 Put [04PjpQ]	19,815	273	43	20,131	1,741	1,156.29
QQQ Dec 8 624.00 Put [04S0xs]	18,757	757	94	19,608	3,929	499.06
SPY Dec 10 683.00 Call [04SHy8]	19,102	478	16	19,597	2,180	898.94
SPY Dec 8 685.00 Put [04S1F5]	19,288	120	163	19,571	3,279	596.86
SPY Dec 11 688.00 Call [04SNWv]	19,170	387	10	19,566	2,698	725.20
SPY Dec 11 685.00 Put [04SHtf]	18,749	191	13	18,953	2,166	875.02

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.