Tour v394
AA
ALCOA CORP
$45.27 -1.95%
$45.36 (+0.20%)🌙
as of 07/23 06:08 PM
7/23 18:08

Option Volume

Detail
Current (07/23) 8,706
Calls: 5,765 (66%)
Puts: 2,941 (34%)
Prior (07/22) 21,659
Calls: 16,073 (74%)
Puts: 5,586 (26%)
Current vs Prior -59.80%
Calls: -64.13% (Calls)
Puts: -47.35% (Puts)
Prior 7-Day Total 186,344
Calls: 138,048 (74%)
Puts: 48,296 (26%)
Prior 7-Day Average 26,620
Calls: 19,721 (74%)
Puts: 6,899 (26%)
Current vs Prior 7-Day Avg -67.30%
Calls: -70.77%
Puts: -57.37%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/23) $1.88M
Calls: $965.5K (51%)
Puts: $919.2K (49%)
Prior (07/22) $4.73M
Calls: $3.10M (66%)
Puts: $1.63M (34%)
Current vs Prior -60.17%
Calls: -68.90%
Puts: -43.50%
Prior 7-Day Total $30.35M
Calls: $17.07M (56%)
Puts: $13.28M (44%)
Prior 7-Day Average $4.34M
Calls: $2.44M (56%)
Puts: $1.90M (44%)
Current vs Prior 7-Day Avg -56.53%
Calls: -60.41%
Puts: -51.54%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23) 0.51
Prior (07/22) 0.35
Current vs Prior +46.79%
Prior 7-Day Average 0.46
Current vs Prior 7-Day Avg +11.72%
Sentiment BULLISH

Open Interest

Detail
Current (07/23) 244,073
Calls: 132,028 (54%)
Puts: 112,045 (46%)
Prior (07/22) 139,047
Calls: 88,143 (63%)
Puts: 50,904 (37%)
Current vs Prior +75.53%
Prior 7-Day Total 1,571,204
Calls: 906,728 (58%)
Puts: 664,476 (42%)
Prior 7-Day Average 224,457
Calls: 129,532 (58%)
Puts: 94,925 (42%)
Current vs Prior 7-Day Avg +8.74%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.53% | 7.49%12.97% | 19.48%
Prior 4.57% | 7.99%13.32% | 19.88%
Current vs Prior -22.66% | -6.30%-2.66% | -2.01%
Prior 7-Day Avg 6.76% | 9.47%10.08% | 16.57%
Current vs 7-Day Avg -47.70% | -20.89%+28.59% | +17.56%
Prior 7-Day Eod 4.57% | 7.99%13.32% | 19.88%
Current vs 7-Day Eod -22.66% | -6.30%-2.66% | -2.01%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 32.04% | 29.55%
Calls: 47.31% | 15.86%
Puts: 16.77% | 43.24%
Prior 32.04% | 29.55%
Calls: 47.31% | 15.86%
Puts: 16.77% | 43.24%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 28.30% | 24.85%
Calls: 37.95% | 14.59%
Puts: 18.65% | 35.11%
Current vs 7-Day Avg +13.21% | +18.90%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 60% vs prior. Below-average activity with volume down 60% vs prior. Bullish P/C ratio of 0.51. P/C ratio rising 47% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 28 of results (avg 7.3%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.50Aug 213.703.85$3.784.0%20.626
$44.00Aug 213.403.55$3.474.3%--0.60138
$44.50Aug 213.153.30$3.224.7%220.57242
$44.00Aug 143.053.20$3.134.8%--0.6031
$45.00Aug 142.532.68$2.615.7%30.5429
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 244.604.85$4.725.3%470.98309
$48.50Aug 214.604.85$4.725.3%--0.6515
$49.00Aug 144.654.95$4.806.2%100.70108
$45.00Aug 212.542.74$2.647.6%230.461.8K
$48.00Jul 313.103.35$3.237.7%100.7946

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.76, cheapest $0.52)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Aug 140.470.57$0.5219.2%--0.1710
$51.00Aug 140.620.73$0.6816.2%150.2134
$47.00Jul 310.760.84$0.8010.0%660.38105
$50.00Aug 140.800.91$0.8612.8%40.25246
$51.00Aug 210.840.97$0.9114.3%--0.2474
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 140.560.68$0.6219.4%20.1769
$40.00Aug 210.770.86$0.8211.0%170.201.0K
$41.00Aug 140.750.90$0.8318.1%10.22126

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 104 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Jul 247.458.10$7.788.4%71.008
$38.50Jul 316.208.50$7.3531.3%--0.9610
$40.50Jul 244.006.60$5.3049.1%10.9511
$40.00Jul 314.806.85$5.8235.2%--0.9462
$38.00Aug 76.758.55$7.6523.5%--0.94112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 314.355.05$4.7014.9%21.0044
$51.00Jul 315.306.55$5.9321.1%41.0010
$52.00Jul 316.157.70$6.9322.4%11.0033
$53.00Jul 316.708.35$7.5321.9%--1.00197
$54.00Jul 317.809.60$8.7020.7%--1.0012

Most actively traded options today. High liquidity = easy entry/exit. 188 active (total vol 3.9K, top 472)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.50Jul 310.921.30$1.1134.2%4720.45465
$50.00Aug 210.941.19$1.0723.4%3920.2713.4K
$48.00Jul 310.490.73$0.6139.3%1030.2988
$46.00Jul 240.280.46$0.3748.6%1000.34785
$49.00Jul 240.000.22$0.11200.0%990.09225
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 215.706.20$5.958.4%890.721.4K
$42.50Jul 240.010.12$0.07157.1%850.0784
$41.50Jul 240.000.18$0.09200.0%820.0770
$45.00Jul 311.271.54$1.4119.1%700.42265
$42.00Jul 310.310.45$0.3836.8%620.1764

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 114.3%, max 388.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$38.00Jul 24Aug 7257.8%59.2%335.4%18122
$51.00Jul 24Aug 28242.7%59.0%311.3%18137
$38.50Jul 24Jul 31266.9%74.5%258.0%618
$54.00Jul 24Aug 28187.9%58.6%220.6%9106
$37.00Jul 24Aug 7243.9%78.0%212.7%6128
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$38.00Jul 24Aug 28257.8%52.7%388.8%130
$51.00Jul 24Aug 21242.7%54.9%342.4%416
$37.00Jul 24Aug 28243.9%58.9%314.4%824
$39.00Jul 24Aug 28226.7%55.5%308.4%1475
$38.50Jul 24Jul 31266.9%74.5%258.0%39121

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 120 found (best R:R 10.76, avg 1.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.00$54.00Aug 28$0.17$1.83$0.1710.76$52.17
$50.00$51.00Aug 28$0.13$0.87$0.136.69$50.13
$51.00$52.00Jul 31$0.14$0.86$0.146.14$51.14
$53.00$54.00Jul 31$0.15$0.85$0.155.67$53.15
$51.00$52.00Aug 21$0.15$0.85$0.155.67$51.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.00$41.00Aug 28$0.15$0.85$0.155.67$41.85
$43.50$43.00Aug 7$0.10$0.40$0.104.00$43.40
$41.00$40.00Aug 14$0.21$0.79$0.213.76$40.79
$38.00$37.00Aug 21$0.22$0.78$0.223.55$37.78
$44.00$43.50Jul 31$0.13$0.37$0.132.85$43.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 145 found (best R:R 10.76, avg 1.26)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$38.00$40.00Aug 7$1.83$1.83$0.1710.76$39.83
$40.00$41.50Jul 31$1.35$1.35$0.159.00$41.35
$43.00$44.00Aug 14$0.77$0.77$0.233.35$43.77
$44.50$45.00Jul 24$0.38$0.38$0.123.17$44.88
$42.50$43.00Aug 21$0.38$0.38$0.123.17$42.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.00$50.00Aug 7$1.57$1.57$0.433.65$50.43
$52.00$50.00Aug 28$1.57$1.57$0.433.65$50.43
$49.00$48.00Jul 31$0.77$0.77$0.233.35$48.23
$50.00$49.00Aug 14$0.77$0.77$0.233.35$49.23
$51.00$50.00Aug 21$0.75$0.75$0.253.00$50.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $0.55, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.00Jul 24Jul 31$0.12109.7%57.6%
$53.00Jul 24Jul 31$0.22122.9%73.7%
$50.00Jul 24Jul 31$0.2689.8%54.4%
$49.00Jul 24Jul 31$0.29116.5%52.8%
$38.00Jul 24Aug 7$0.35257.8%59.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Jul 24Jul 31$0.05157.2%64.7%
$51.00Jul 24Jul 31$0.08242.7%62.5%
$39.00Jul 24Jul 31$0.10226.7%91.1%
$52.00Jul 24Jul 31$0.15109.7%57.6%
$37.50Jul 24Jul 31$0.19189.0%98.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 2.94% of stock, avg 12.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Jul 24$0.76$0.57$1.33$43.67$46.332.94%
$45.50Jul 24$0.59$0.84$1.43$44.07$46.933.16%
$44.50Jul 24$1.14$0.33$1.47$43.03$45.973.25%
$44.00Jul 24$1.48$0.16$1.64$42.36$45.643.62%
$46.50Jul 24$0.20$1.51$1.71$44.79$48.213.78%
$46.00Jul 24$0.37$1.42$1.79$44.21$47.793.95%
$47.00Jul 24$0.28$1.99$2.27$44.73$49.275.01%
$43.00Jul 24$2.40$0.09$2.49$40.51$45.495.50%
$43.50Jul 24$2.44$0.10$2.54$40.96$46.045.61%
$48.00Jul 24$0.06$2.70$2.76$45.24$50.766.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.66% of stock, avg 6.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$46.50$43.50Jul 24$0.20$0.10$0.30$43.20$46.80
$46.50$44.00Jul 24$0.20$0.16$0.36$43.64$46.86
$47.00$43.50Jul 24$0.28$0.10$0.38$43.12$47.38
$47.00$44.00Jul 24$0.28$0.16$0.44$43.56$47.44
$46.00$43.50Jul 24$0.37$0.10$0.47$43.03$46.47
$46.50$38.50Jul 24$0.20$0.31$0.51$37.99$47.01
$46.00$44.00Jul 24$0.37$0.16$0.53$43.47$46.53
$46.50$44.50Jul 24$0.20$0.33$0.53$43.97$47.03
$47.00$38.50Jul 24$0.28$0.31$0.59$37.91$47.59
$47.00$44.50Jul 24$0.28$0.33$0.61$43.89$47.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 161 found (best R:R 9.00, avg credit $0.65)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
42/4344/45Aug 28$0.90$0.109.00$42.10$44.90
42/4347/48Aug 28$0.90$0.109.00$42.10$47.90
43/4445/46Aug 14$0.89$0.118.09$43.11$45.89
42/4345/46Aug 28$0.89$0.118.09$42.11$45.89
45/4649/50Aug 28$0.89$0.118.09$45.11$49.89
41/4244/45Aug 14$0.88$0.127.33$41.12$44.88
46/4749/50Aug 28$0.88$0.127.33$46.12$49.88
38/3946/47Aug 7$0.87$0.136.69$38.13$47.37
39/4044/45Aug 28$0.87$0.136.69$39.13$44.87
39/4047/48Aug 28$0.87$0.136.69$39.13$47.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$46.00$47.00$48.00Aug 14$0.05$0.9519.00
$45.00$46.00$47.00Aug 14$0.09$0.9110.11
$45.50$46.00$46.50Jul 24$0.05$0.459.00
$47.00$47.50$48.00Jul 31$0.05$0.459.00
$38.50$40.00$41.50Jul 31$0.18$1.327.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$51.00$52.00$53.00Jul 24$0.07$0.9313.29
$42.00$43.00$44.00Aug 14$0.07$0.9313.29
$38.00$39.00$40.00Aug 28$0.09$0.9110.11
$45.50$46.00$46.50Jul 31$0.05$0.459.00
$48.00$49.00$50.00Aug 14$0.10$0.909.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 76 found (best net $-0.50, 67 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$53.001:2Sep 4-$0.50$2.50
$48.00$50.001:2Aug 14-$0.35$1.65
$52.00$54.001:2Aug 28-$0.66$1.34
$52.00$53.001:2Aug 21-$0.08$0.92
$53.00$54.001:2Jul 24-$0.11$0.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$38.00$37.001:2Aug 21-$0.11$0.89
$39.00$38.001:2Aug 28-$0.22$0.78
$41.00$40.001:2Aug 14-$0.41$0.59
$40.00$39.001:2Aug 28-$0.41$0.59
$38.00$37.001:2Aug 7-$0.45$0.55

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 6.01%, avg 2.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$46.00Aug 28$2.720.511.6%6.01%7.62%68
$45.50Aug 21$2.610.510.5%5.77%6.27%24
$47.00Aug 28$2.300.463.8%5.08%8.90%292
$46.00Aug 21$2.260.481.6%4.99%6.60%1473
$46.50Aug 21$2.180.462.7%4.82%7.53%114
$46.00Aug 14$2.040.481.6%4.51%6.12%--28
$48.00Aug 28$1.980.416.0%4.37%10.40%--75
$47.00Aug 21$1.950.433.8%4.31%8.13%30136
$45.50Aug 7$1.880.520.5%4.15%4.66%--24
$47.50Aug 21$1.760.414.9%3.89%8.81%--23

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 5,765
Total Puts 2,941
Put/Call Ratio 0.51
Net Difference 2,824

Prior's Put/Call Breakdown

Total Calls 16,073
Total Puts 5,586
Put/Call Ratio 0.35
Net Difference 10,487

Prior 7-Day Put/Call Summary

Total Calls 138,048
Total Puts 48,296
Average Put/Call Ratio 0.46
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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