Maker Opportunity

Download

Symbol	Missed Liquidity	Exhausted Liquidity	Routed Liquidity	Volume Opportunity	Cboe ADV	Liquidity Opportunity (% of ADN)
SPY Feb 17 680.00 Put [04XkG8]	211,185	3,843	1,104	216,132	9,396	2,300.26
SPY Feb 17 682.00 Put [04Xnrr]	191,259	3,550	1,007	195,816	11,104	1,763.47
SPY Feb 17 682.00 Call [04Xnrs]	188,108	3,050	331	191,489	7,014	2,730.10
SPY Feb 17 678.00 Put [04Xnqy]	183,807	3,338	528	187,673	9,240	2,031.09
SPY Feb 17 677.00 Put [04Xnqu]	182,912	2,671	465	186,048	7,541	2,467.15
SPY Feb 17 679.00 Put [04Xnrm]	176,725	4,459	367	181,551	7,353	2,469.07
SPY Feb 17 681.00 Call [04Xnru]	172,238	3,275	692	176,205	5,254	3,353.73
SPY Feb 17 681.00 Put [04Xnrt]	167,289	3,166	680	171,135	6,709	2,550.83
SPY Feb 17 683.00 Call [04Xnrq]	166,508	3,612	463	170,583	7,795	2,188.36
SPY Feb 17 680.00 Call [04XkG9]	157,107	1,882	743	159,732	5,142	3,106.42
SPY Feb 17 683.00 Put [04Xnrp]	143,008	2,380	423	145,811	8,651	1,685.48
SPY Feb 17 676.00 Put [04Xnqt]	138,333	2,478	679	141,490	6,039	2,342.94
SPY Feb 17 675.00 Put [04XkGA]	117,352	2,200	947	120,499	11,673	1,032.29
SPY Feb 17 678.00 Call [04Xnqw]	115,763	1,789	278	117,830	3,574	3,296.87
SPY Feb 17 684.00 Call [04Xnro]	112,950	1,907	573	115,430	9,472	1,218.64
SPY Feb 17 679.00 Call [04Xnqx]	110,502	1,471	278	112,251	3,197	3,511.14
QQQ Feb 20 435.00 Put [04G2o9]	78,878	21,946	0	100,824	190	53,065.26
SPY Feb 19 683.00 Put [04YC57]	91,024	1,612	179	92,814	5,229	1,774.99
SPY Feb 17 677.00 Call [04Xnqk]	88,677	1,666	450	90,793	2,861	3,173.47
SPY Feb 19 682.00 Put [04YC5H]	78,878	1,500	358	80,736	4,166	1,937.97
SPY Feb 19 684.00 Put [04YC5A]	79,359	883	326	80,568	3,871	2,081.32
SPY Feb 17 684.00 Put [04Xnrn]	79,318	860	228	80,406	3,324	2,418.95
SPY Feb 17 674.00 Put [04Xnqr]	78,523	1,001	227	79,751	2,636	3,025.46
SPY Feb 18 685.00 Call [04XnnR]	76,713	1,212	215	78,140	3,323	2,351.49
SPY Feb 18 688.00 Call [04Y1Qv]	74,207	1,892	104	76,203	5,148	1,480.24

Data for 2026-02-17 to 2026-02-23 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.