Tour v487
AA
ALCOA CORP
$44.84 -0.93%
$44.90 (+0.13%)🌙
as of 08/03 06:09 PM
8/3 18:09

Option Volume

Detail
Current (08/03) 16,162
Calls: 9,495 (59%)
Puts: 6,667 (41%)
Prior (07/31) 15,050
Calls: 10,541 (70%)
Puts: 4,509 (30%)
Current vs Prior +7.39%
Calls: -9.92% (Calls)
Puts: +47.86% (Puts)
Prior 7-Day Total 79,685
Calls: 51,599 (65%)
Puts: 28,086 (35%)
Prior 7-Day Average 11,383
Calls: 7,371 (65%)
Puts: 4,012 (35%)
Current vs Prior 7-Day Avg +41.98%
Calls: +28.81%
Puts: +66.16%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $2.95M
Calls: $835.0K (28%)
Puts: $2.12M (72%)
Prior (07/31) $1.96M
Calls: $1.13M (58%)
Puts: $830.1K (42%)
Current vs Prior +50.71%
Calls: -26.04%
Puts: +155.11%
Prior 7-Day Total $23.18M
Calls: $10.75M (46%)
Puts: $12.43M (54%)
Prior 7-Day Average $3.31M
Calls: $1.54M (46%)
Puts: $1.78M (54%)
Current vs Prior 7-Day Avg -10.82%
Calls: -45.62%
Puts: +19.28%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/03) 0.70
Prior (07/31) 0.43
Current vs Prior +64.15%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg +21.84%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/03) 245,329
Calls: 132,905 (54%)
Puts: 112,424 (46%)
Prior (07/31) 255,474
Calls: 138,025 (54%)
Puts: 117,449 (46%)
Current vs Prior -3.97%
Prior 7-Day Total 1,280,015
Calls: 728,466 (57%)
Puts: 551,549 (43%)
Prior 7-Day Average 182,859
Calls: 104,066 (57%)
Puts: 78,792 (43%)
Current vs Prior 7-Day Avg +34.16%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.58% | 8.32%9.79% | 15.12%
Prior 6.50% | 8.51%10.43% | 17.74%
Current vs Prior -14.17% | -2.21%-6.12% | -14.78%
Prior 7-Day Avg 5.30% | 8.39%11.49% | 16.76%
Current vs 7-Day Avg +5.12% | -0.88%-14.80% | -9.79%
Prior 7-Day Eod 6.50% | 8.51%10.43% | 17.74%
Current vs 7-Day Eod -14.17% | -2.21%-6.12% | -14.78%
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 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

Moderately bearish flow with 72% put dollar volume ($2.12M). Elevated premium activity with dollar volume up 51% vs prior. P/C ratio rising 64% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 22 of results (avg 7.5%, best 5.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 211.942.05$2.005.5%130.51985
$43.50Aug 212.732.89$2.815.7%--0.6239
$41.00Sep 45.005.30$5.155.8%--0.7450
$46.00Aug 211.511.61$1.566.4%60.43346
$44.00Aug 282.863.05$2.966.4%20.5739
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 212.072.18$2.135.2%600.491.9K
$44.50Aug 211.821.93$1.885.9%260.45112
$44.00Aug 211.591.72$1.667.8%240.4182
$43.50Aug 211.381.50$1.448.3%420.38337
$45.50Aug 212.342.55$2.448.6%270.5311

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.67, cheapest $0.26)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 140.230.28$0.2619.2%1930.13781
$50.00Aug 210.480.53$0.519.8%1590.1913.8K
$49.50Aug 210.550.64$0.6015.0%100.2162
$51.00Aug 280.560.66$0.6116.4%80.1912
$47.50Aug 140.590.72$0.6619.7%80.2723
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Aug 140.820.98$0.9017.8%10.3264

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 71 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$36.00Aug 77.909.05$8.4813.6%111.00--
$36.50Aug 77.508.55$8.0313.1%81.00--
$38.00Aug 75.357.15$6.2528.8%11.00112
$38.00Aug 145.707.10$6.4021.9%--0.9610
$37.00Aug 76.958.20$7.5716.5%110.93112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Aug 75.357.40$6.3832.1%10.964
$50.00Aug 75.005.75$5.3813.9%10.961.0K
$52.00Aug 76.358.40$7.3827.8%10.9414
$49.00Aug 74.005.40$4.7029.8%50.9242
$52.00Aug 146.608.55$7.5825.7%10.9225

Most actively traded options today. High liquidity = easy entry/exit. 167 active (total vol 12.3K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 70.210.26$0.2420.8%4.4K0.1796
$47.00Aug 70.270.35$0.3125.8%5570.21308
$46.00Aug 70.530.65$0.5920.3%4030.34276
$45.50Aug 70.720.91$0.8223.2%2610.4298
$46.50Aug 70.380.47$0.4320.9%1970.27104
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Aug 70.320.44$0.3831.6%1.5K0.23272
$41.50Aug 210.630.97$0.8042.5%2450.2424
$40.00Aug 140.210.36$0.2853.6%2210.12245
$42.50Aug 70.220.36$0.2948.3%2060.1979
$39.00Aug 210.280.40$0.3435.3%1560.121.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 20.9%, max 103.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$53.00Aug 7Sep 4105.6%54.9%92.5%--95
$52.00Aug 7Sep 1188.9%56.0%58.9%874
$40.00Aug 7Aug 2878.3%53.0%47.8%2111
$38.00Aug 7Aug 1472.3%56.5%27.9%1122
$51.00Aug 7Sep 1168.3%54.3%25.8%2111
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.00Aug 7Aug 21115.0%56.5%103.6%7309
$52.00Aug 7Aug 2888.9%52.2%70.5%135
$39.00Aug 7Sep 480.8%50.8%59.1%15295
$40.00Aug 7Sep 1178.3%50.6%54.6%55273
$38.00Aug 7Sep 1172.3%53.0%36.6%572

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 110 found (best R:R 8.52, avg 1.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$50.00$52.00Sep 4$0.21$1.79$0.218.52$50.21
$51.00$52.00Sep 11$0.11$0.89$0.118.09$51.11
$50.00$51.00Aug 14$0.12$0.88$0.127.33$50.12
$50.00$51.00Aug 21$0.15$0.85$0.155.67$50.15
$51.00$52.00Aug 28$0.17$0.83$0.174.88$51.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$38.00$36.00Sep 4$0.21$1.79$0.218.52$37.79
$38.00$37.00Aug 21$0.13$0.87$0.136.69$37.87
$38.00$36.00Sep 11$0.30$1.70$0.305.67$37.70
$40.00$38.00Sep 11$0.39$1.61$0.394.13$39.61
$40.00$39.50Aug 7$0.10$0.40$0.104.00$39.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 5.82, avg 1.12)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$40.00$43.00Aug 7$2.56$2.56$0.445.82$42.56
$40.00$42.00Aug 28$1.68$1.68$0.325.25$41.68
$38.00$41.00Aug 14$2.47$2.47$0.534.66$40.47
$42.00$43.00Aug 14$0.79$0.79$0.213.76$42.79
$38.00$40.00Aug 7$1.47$1.47$0.532.77$39.47
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$51.00$50.00Aug 14$0.85$0.85$0.155.67$50.15
$52.00$48.00Aug 28$3.38$3.38$0.625.45$48.62
$47.00$46.50Aug 7$0.37$0.37$0.132.85$46.63
$47.50$47.00Aug 14$0.35$0.35$0.152.33$47.15
$50.00$49.00Aug 7$0.68$0.68$0.322.12$49.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 47 found (avg debit $0.43, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.00Aug 7Aug 14$0.0688.9%59.3%
$51.00Aug 7Aug 14$0.0968.3%52.2%
$38.00Aug 7Aug 14$0.1572.3%56.5%
$50.00Aug 7Aug 14$0.2258.4%54.3%
$49.50Aug 7Aug 14$0.2966.0%58.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$38.00Aug 7Aug 14$0.0672.3%56.5%
$37.00Aug 7Aug 14$0.09115.0%77.7%
$40.00Aug 7Aug 14$0.1578.3%58.1%
$40.50Aug 7Aug 14$0.1860.6%50.7%
$52.00Aug 7Aug 14$0.2088.9%59.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 68 found (cheapest 4.93% of stock, avg 10.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 7$1.02$1.19$2.21$42.79$47.214.93%
$44.50Aug 7$1.31$0.96$2.27$42.23$46.775.06%
$45.50Aug 7$0.82$1.45$2.27$43.23$47.775.06%
$44.00Aug 7$1.61$0.72$2.33$41.67$46.335.20%
$46.00Aug 7$0.59$1.76$2.35$43.65$48.355.24%
$43.50Aug 7$1.86$0.54$2.40$41.10$45.905.35%
$46.50Aug 7$0.43$2.07$2.50$44.00$49.005.58%
$43.00Aug 7$2.22$0.38$2.60$40.40$45.605.80%
$47.00Aug 7$0.31$2.44$2.75$44.25$49.756.13%
$47.50Aug 7$0.24$3.06$3.30$44.20$50.807.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.34% of stock, avg 6.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.00$42.50Aug 7$0.31$0.29$0.60$41.90$47.60
$47.00$43.00Aug 7$0.31$0.38$0.69$42.31$47.69
$46.50$42.50Aug 7$0.43$0.29$0.72$41.78$47.22
$46.50$43.00Aug 7$0.43$0.38$0.81$42.19$47.31
$47.00$43.50Aug 7$0.31$0.54$0.85$42.65$47.85
$46.00$42.50Aug 7$0.59$0.29$0.88$41.62$46.88
$46.00$43.00Aug 7$0.59$0.38$0.97$42.03$46.97
$46.50$43.50Aug 7$0.43$0.54$0.97$42.53$47.47
$47.00$44.00Aug 7$0.31$0.72$1.03$42.97$48.03
$45.50$42.50Aug 7$0.82$0.29$1.11$41.39$46.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 164 found (best R:R 9.00, avg credit $0.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
42/4345/46Aug 28$0.90$0.109.00$42.10$45.90
47/4849/50Aug 28$0.88$0.127.33$47.12$49.88
42/4346/47Sep 4$0.88$0.127.33$42.12$46.88
40/4144/45Aug 28$0.87$0.136.69$40.13$44.87
44/4546/47Sep 4$0.87$0.136.69$44.13$46.87
39/4042/43Aug 28$0.86$0.146.14$39.14$42.86
42/4346/47Aug 28$0.86$0.146.14$42.14$46.86
44/4546/47Aug 28$0.86$0.146.14$44.14$46.86
47/4850/51Aug 28$0.86$0.146.14$47.14$50.86
43/4445/46Aug 28$0.85$0.155.67$43.15$45.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 62 found (best R:R 21.22, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$42.00$43.00$44.00Aug 28$0.05$0.9519.00
$51.00$52.00$53.00Aug 21$0.06$0.9415.67
$50.00$51.00$52.00Aug 21$0.08$0.9211.50
$46.00$47.00$48.00Aug 28$0.09$0.9110.11
$43.50$44.00$44.50Aug 21$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$36.00$38.00$40.00Sep 11$0.09$1.9121.22
$46.00$47.00$48.00Aug 28$0.07$0.9313.29
$44.00$45.00$46.00Aug 28$0.08$0.9211.50
$41.00$42.00$43.00Sep 4$0.09$0.9110.11
$45.00$45.50$46.00Aug 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. 77 found (best net $-1.09, 73 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$47.00$50.001:2Sep 4-$0.19$2.81
$41.00$44.001:2Sep 4-$1.35$1.65
$38.00$41.001:2Aug 14-$1.46$1.54
$50.00$52.001:2Sep 4-$0.64$1.36
$48.00$50.001:2Sep 11-$0.80$1.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$52.00$48.001:2Aug 28-$1.09$2.91
$41.00$39.001:2Sep 4-$0.08$1.92
$38.00$36.001:2Sep 11-$0.09$1.91
$48.00$45.001:2Sep 4-$1.12$1.88
$38.00$36.001:2Sep 4-$0.13$1.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 6.29%, avg 2.01%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.00Sep 11$2.820.510.4%6.29%6.65%2100
$46.00Sep 11$2.370.472.6%5.29%7.87%1--
$45.00Aug 28$2.360.510.4%5.26%5.62%5671
$46.00Sep 4$2.140.462.6%4.77%7.36%211
$45.00Aug 21$1.940.510.4%4.33%4.68%13985
$46.00Aug 28$1.900.452.6%4.24%6.82%--14
$47.00Sep 11$1.900.414.8%4.24%9.05%1--
$47.00Sep 4$1.750.414.8%3.90%8.72%31
$45.50Aug 21$1.720.471.5%3.84%5.31%15380
$48.00Sep 11$1.640.377.0%3.66%10.70%11

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 9,495
Total Puts 6,667
Put/Call Ratio 0.70
Net Difference 2,828

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 51,599
Total Puts 28,086
Average Put/Call Ratio 0.58
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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