Tour v477
AA
ALCOA CORP
$45.26 +0.64%
$45.58 (+0.71%)🌙
as of 07/31 06:08 PM
7/31 18:08

Option Volume

Detail
Current (07/31) 15,050
Calls: 10,541 (70%)
Puts: 4,509 (30%)
Prior (07/30) 8,820
Calls: 4,911 (56%)
Puts: 3,909 (44%)
Current vs Prior +70.63%
Calls: +114.64% (Calls)
Puts: +15.35% (Puts)
Prior 7-Day Total 86,294
Calls: 57,131 (66%)
Puts: 29,163 (34%)
Prior 7-Day Average 12,327
Calls: 8,161 (66%)
Puts: 4,166 (34%)
Current vs Prior 7-Day Avg +22.08%
Calls: +29.15%
Puts: +8.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $1.96M
Calls: $1.13M (58%)
Puts: $830.1K (42%)
Prior (07/30) $1.58M
Calls: $936.4K (59%)
Puts: $648.0K (41%)
Current vs Prior +23.65%
Calls: +20.57%
Puts: +28.10%
Prior 7-Day Total $25.95M
Calls: $12.73M (49%)
Puts: $13.22M (51%)
Prior 7-Day Average $3.71M
Calls: $1.82M (49%)
Puts: $1.89M (51%)
Current vs Prior 7-Day Avg -47.15%
Calls: -37.89%
Puts: -56.06%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.43
Prior (07/30) 0.80
Current vs Prior -46.26%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg -24.26%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 255,474
Calls: 138,025 (54%)
Puts: 117,449 (46%)
Prior (07/30) 142,216
Calls: 88,318 (62%)
Puts: 53,898 (38%)
Current vs Prior +79.64%
Prior 7-Day Total 1,163,588
Calls: 678,584 (58%)
Puts: 485,004 (42%)
Prior 7-Day Average 166,226
Calls: 96,940 (58%)
Puts: 69,286 (42%)
Current vs Prior 7-Day Avg +53.69%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.72% | 6.50%10.43% | 17.74%
Prior 3.22% | 6.92%10.54% | 15.34%
Current vs Prior +101.46% | +23.00%-1.06% | +15.63%
Prior 7-Day Avg 5.03% | 8.32%11.90% | 17.07%
Current vs 7-Day Avg +29.17% | +2.26%-12.39% | +3.95%
Prior 7-Day Eod 3.22% | 6.92%10.54% | 15.34%
Current vs 7-Day Eod +101.46% | +23.00%-1.06% | +15.63%
Sentiment BEARISHBULLISH

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 32.04% | 29.55%
Calls: 47.31% | 15.86%
Puts: 16.77% | 43.24%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Above-average activity with volume up 71% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (10,541 calls vs 4,509 puts). P/C ratio dropping 46% - sentiment shifting bullish. Rising open interest (up 80%) indicates new positions being established.

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 BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 8 of results (avg 7.9%, best 5.6%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 212.282.41$2.345.6%490.53979
$46.00Aug 211.811.95$1.887.4%80.46344
$39.50Jul 315.656.20$5.939.3%90.953
$46.50Aug 211.601.76$1.689.5%100.4323
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Aug 212.512.66$2.595.8%--0.5448
$48.00Sep 114.554.90$4.727.4%10.59--
$47.50Aug 213.453.75$3.608.3%330.64--
$43.50Aug 211.331.47$1.4010.0%100.36332

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.73, cheapest $0.53)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.660.76$0.7114.1%1.7K0.2312.7K
$48.00Aug 140.730.87$0.8017.5%1.3K0.30220
$49.00Aug 210.851.01$0.9317.2%170.2851
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.50Aug 70.490.58$0.5317.0%500.2748
$38.00Sep 40.520.59$0.5512.7%20.135
$44.00Aug 70.660.80$0.7319.2%1610.33266
$43.00Aug 140.750.90$0.8318.1%--0.2864

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 90 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.00Jul 317.508.85$8.1816.5%--1.0020
$37.50Jul 316.958.45$7.7019.5%--1.0014
$40.00Jul 315.055.70$5.3812.1%71.0059
$41.50Jul 313.604.10$3.8513.0%131.0013
$42.00Jul 313.053.75$3.4020.6%71.0027
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.50Jul 310.821.46$1.1456.1%80.98151
$52.00Aug 75.257.50$6.3835.3%10.9514
$49.50Jul 313.804.95$4.3826.3%10.951
$50.00Jul 314.305.35$4.8221.8%10.942
$50.00Aug 74.455.35$4.9018.4%10.921.0K

Most actively traded options today. High liquidity = easy entry/exit. 189 active (total vol 11.1K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.660.76$0.7114.1%1.7K0.2312.7K
$48.00Aug 140.730.87$0.8017.5%1.3K0.30220
$48.00Aug 70.170.46$0.3290.6%6870.20822
$45.00Jul 310.110.95$0.53158.5%5291.00598
$50.00Aug 140.340.46$0.4030.0%5150.17272
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.00Aug 210.300.44$0.3737.8%1.0K0.12102
$43.00Aug 70.370.47$0.4223.8%2240.2281
$45.00Aug 71.011.63$1.3247.0%2240.46105
$45.00Jul 310.000.02$0.01200.0%2220.20317
$44.00Aug 70.660.80$0.7319.2%1610.33266

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 50 strikes (avg 1579.1%, max 5002.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.00Jul 31Aug 282731.0%53.5%5002.8%5527
$52.00Jul 31Sep 42391.0%53.5%4369.8%32388
$48.50Jul 31Aug 211702.4%51.0%3235.1%2393
$42.50Jul 31Aug 211598.5%50.1%3093.3%3118
$38.00Jul 31Aug 141744.5%59.7%2823.1%227
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$52.00Jul 31Aug 282391.0%52.0%4499.5%227
$42.50Jul 31Aug 211598.5%50.1%3093.3%42512
$38.00Jul 31Sep 41744.5%54.9%3075.9%4651
$39.00Jul 31Sep 41328.3%52.1%2450.6%50194
$40.50Jul 31Aug 211344.2%54.5%2368.5%120146

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 7.33, avg 1.97)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.00$53.00Aug 28$0.12$0.88$0.127.33$52.12
$51.00$52.00Aug 21$0.13$0.87$0.136.69$51.13
$53.00$54.00Aug 14$0.15$0.85$0.155.67$53.15
$50.00$51.00Aug 21$0.17$0.83$0.174.88$50.17
$51.00$52.00Aug 28$0.18$0.82$0.184.56$51.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$39.00$38.00Aug 21$0.14$0.86$0.146.14$38.86
$38.00$37.00Sep 4$0.16$0.84$0.165.25$37.84
$42.00$41.00Sep 4$0.16$0.84$0.165.25$41.84
$43.50$43.00Aug 7$0.11$0.39$0.113.55$43.39
$42.50$42.00Aug 14$0.11$0.39$0.113.55$42.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 127 found (best R:R 9.71, avg 1.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$38.00$43.00Aug 7$4.42$4.42$0.587.62$42.42
$38.00$41.00Aug 14$2.55$2.55$0.455.67$40.55
$52.00$53.00Jul 31$0.81$0.81$0.194.26$52.81
$43.00$43.50Jul 31$0.40$0.40$0.104.00$43.40
$40.50$41.00Jul 31$0.39$0.39$0.113.55$40.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$48.50Aug 21$1.36$1.36$0.149.71$48.64
$49.00$48.00Aug 14$0.90$0.90$0.109.00$48.10
$52.00$50.00Aug 14$1.77$1.77$0.237.70$50.23
$50.00$49.00Aug 14$0.85$0.85$0.155.67$49.15
$52.00$50.00Aug 21$1.70$1.70$0.305.67$50.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.53, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$49.00Jul 31Aug 7$0.07794.0%48.4%
$49.50Jul 31Aug 7$0.14722.4%53.5%
$41.00Jul 31Aug 14$0.151306.0%57.8%
$37.00Jul 31Aug 7$0.171249.7%76.1%
$48.00Jul 31Aug 7$0.24591.4%48.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Jul 31Aug 7$0.07648.1%56.4%
$50.00Jul 31Aug 7$0.08841.3%51.5%
$49.00Jul 31Aug 7$0.10794.0%48.4%
$41.50Jul 31Aug 7$0.13547.4%49.5%
$42.00Jul 31Aug 7$0.23407.9%51.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 1.17% of stock, avg 10.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.50Jul 31$0.28$0.25$0.53$44.97$46.031.17%
$45.00Jul 31$0.53$0.01$0.54$44.46$45.541.19%
$46.00Jul 31$0.08$0.72$0.80$45.20$46.801.77%
$44.50Jul 31$1.01$0.06$1.07$43.43$45.572.36%
$46.50Jul 31$0.01$1.14$1.15$45.35$47.652.54%
$44.00Jul 31$1.39$0.01$1.40$42.60$45.403.09%
$47.00Jul 31$0.26$1.88$2.14$44.86$49.144.73%
$43.50Jul 31$1.98$0.26$2.24$41.26$45.744.95%
$45.50Aug 7$1.20$1.44$2.64$42.86$48.145.83%
$46.00Aug 7$0.92$1.74$2.66$43.34$48.665.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.60% of stock, avg 5.47%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.00$45.00Jul 31$0.26$0.01$0.27$44.73$47.27
$45.50$45.00Jul 31$0.28$0.01$0.29$44.71$45.79
$47.00$44.50Jul 31$0.26$0.06$0.32$44.18$47.32
$45.50$44.50Jul 31$0.28$0.06$0.34$44.16$45.84
$47.00$43.50Jul 31$0.26$0.26$0.52$42.98$47.52
$45.50$43.50Jul 31$0.28$0.26$0.54$42.96$46.04
$47.00$43.00Jul 31$0.26$0.65$0.91$42.09$47.91
$47.50$43.00Aug 7$0.49$0.42$0.91$42.09$48.41
$45.50$43.00Jul 31$0.28$0.65$0.93$42.07$46.43
$47.50$43.50Aug 7$0.49$0.53$1.02$42.48$48.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 108 found (best R:R 13.71, avg credit $0.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
37/3838/43Aug 7$4.66$0.3413.71$32.84$42.66
45/4647/48Aug 28$0.89$0.118.09$45.11$47.89
38/3944/45Aug 28$0.87$0.136.69$38.13$44.87
38/3945/46Aug 28$0.87$0.136.69$38.13$45.87
41/4244/45Aug 28$0.87$0.136.69$41.13$44.87
41/4245/46Aug 28$0.87$0.136.69$41.13$45.87
40/4143/44Aug 28$0.86$0.146.14$40.14$43.86
42/4347/48Aug 28$0.86$0.146.14$42.14$47.86
38/3940/42Aug 28$1.68$0.325.25$37.32$41.68
43/4447/48Aug 28$0.84$0.165.25$43.16$47.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$51.00$52.00$53.00Aug 21$0.05$0.9519.00
$52.00$53.00$54.00Aug 7$0.06$0.9415.67
$43.00$44.00$45.00Aug 28$0.06$0.9415.67
$51.00$52.00$53.00Aug 28$0.06$0.9415.67
$50.00$51.00$52.00Aug 7$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$44.00$45.00$46.00Aug 28$0.06$0.9415.67
$37.00$38.00$39.00Aug 21$0.07$0.9313.29
$40.00$41.00$42.00Aug 28$0.07$0.9313.29
$41.00$42.00$43.00Aug 28$0.09$0.9110.11
$41.50$42.00$42.50Aug 7$0.05$0.459.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-1.13, 72 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$45.00$48.001:2Sep 11-$1.16$1.84
$50.00$52.001:2Sep 4-$0.38$1.62
$48.00$50.001:2Sep 4-$0.92$1.08
$49.00$51.001:2Sep 11-$0.94$1.06
$50.00$51.001:2Aug 7$0.00$1.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$52.00$48.001:2Aug 28-$1.13$2.87
$41.00$39.001:2Sep 4-$0.08$1.92
$39.00$38.001:2Aug 7-$0.05$0.95
$39.00$38.001:2Aug 14-$0.09$0.91
$38.00$37.001:2Aug 21-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 4.79%, avg 1.96%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$46.00Aug 28$2.170.491.6%4.79%6.43%--14
$48.00Sep 11$2.050.406.0%4.53%10.58%1--
$45.50Aug 21$1.890.500.5%4.18%4.71%3798
$46.00Aug 21$1.810.461.6%4.00%5.63%8344
$47.00Aug 28$1.770.433.8%3.91%7.76%--111
$48.00Sep 4$1.740.396.0%3.84%9.90%51
$49.00Sep 11$1.650.358.3%3.65%11.91%1--
$45.50Aug 14$1.600.510.5%3.54%4.07%501
$46.50Aug 21$1.600.432.7%3.54%6.27%1023
$48.00Aug 28$1.440.376.0%3.18%9.24%457

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 10,541
Total Puts 4,509
Put/Call Ratio 0.43
Net Difference 6,032

Prior's Put/Call Breakdown

Total Calls 4,911
Total Puts 3,909
Put/Call Ratio 0.80
Net Difference 1,002

Prior 7-Day Put/Call Summary

Total Calls 57,131
Total Puts 29,163
Average Put/Call Ratio 0.56
Ratio Trend Falling

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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