With the year-end approaching, over half of the total open interest will expire this Friday the 26th. Rollover trading is currently the dominant activity. This will introduce a lot of signal noise. It's not advisable to use options data as trading signals in the coming days. For example, today's put volume reached 30%, but this isn't a bearish signal. Many deep out-of-the-money and in-the-money put options were traded, and this shouldn't be interpreted as institutional price levels. Because many institutions are rolling over their positions early to mitigate the risk of large-scale expirations, catching these institutions' dumped options is actually very cost-effective, with very favorable prices. There's been a lot of negative slippage these past few days; using smart trading can provide even better quotes. This is experience gained through real money! 😁