Tour v528
AA
ALCOA CORP
$46.97 +1.53%
$47.35 (+0.81%)🌙
as of 09/17 06:06 PM
9/17 18:06

Option Volume

Detail
Current (09/17) 17,380
Calls: 5,627 (32%)
Puts: 11,753 (68%)
Prior (09/16) 8,038
Calls: 3,944 (49%)
Puts: 4,094 (51%)
Current vs Prior +116.22%
Calls: +42.67% (Calls)
Puts: +187.08% (Puts)
Prior 7-Day Total 72,749
Calls: 41,239 (57%)
Puts: 31,510 (43%)
Prior 7-Day Average 10,392
Calls: 5,891 (57%)
Puts: 4,501 (43%)
Current vs Prior 7-Day Avg +67.23%
Calls: -4.49%
Puts: +161.09%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/17) $6.77M
Calls: $1.29M (19%)
Puts: $5.48M (81%)
Prior (09/16) $1.83M
Calls: $592.7K (32%)
Puts: $1.23M (68%)
Current vs Prior +270.95%
Calls: +117.63%
Puts: +344.63%
Prior 7-Day Total $16.22M
Calls: $7.55M (47%)
Puts: $8.67M (53%)
Prior 7-Day Average $2.32M
Calls: $1.08M (47%)
Puts: $1.24M (53%)
Current vs Prior 7-Day Avg +192.35%
Calls: +19.65%
Puts: +342.65%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/17) 2.09
Prior (09/16) 1.04
Current vs Prior +101.22%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +149.10%
Sentiment BEARISH

Open Interest

Detail
Current (09/17) 260,650
Calls: 134,900 (52%)
Puts: 125,750 (48%)
Prior (09/16) 257,195
Calls: 133,700 (52%)
Puts: 123,495 (48%)
Current vs Prior +1.34%
Prior 7-Day Total 1,794,349
Calls: 942,869 (53%)
Puts: 851,480 (47%)
Prior 7-Day Average 256,335
Calls: 134,695 (53%)
Puts: 121,640 (47%)
Current vs Prior 7-Day Avg +1.68%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 3.11% | 6.20%3.11% | 12.07%
Prior 3.98% | 6.74%3.98% | 12.19%
Current vs Prior -21.85% | -8.14%-21.85% | -0.99%
Prior 7-Day Avg 4.71% | 7.51%5.97% | 12.79%
Current vs 7-Day Avg -33.96% | -17.51%-47.94% | -5.63%
Prior 7-Day Eod 3.98% | 6.74%3.98% | 12.19%
Current vs 7-Day Eod -21.85% | -8.14%-21.85% | -0.99%
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

Strong bearish conviction with 81% of dollar volume in puts ($5.48M) vs calls ($1.29M). Massive premium surge with dollar volume up 271% vs prior. Dollar volume significantly above 7-day average (192% higher). Unusually high activity with volume up 116% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 13 of results (avg 7.7%, best 3.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Oct 167.507.75$7.633.3%10.88155
$38.00Sep 188.809.45$9.137.1%10.92109
$45.00Oct 163.804.10$3.957.6%180.65391
$47.00Oct 233.053.30$3.187.9%130.551
$40.00Sep 186.757.35$7.058.5%20.9889
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.00Oct 236.707.15$6.936.5%10.752
$51.00Oct 94.504.85$4.687.5%230.76160
$50.00Oct 164.154.50$4.338.1%70.633.1K
$52.00Sep 184.705.10$4.908.2%30.9597
$56.00Sep 258.609.35$8.988.4%11.0026

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.74, cheapest $0.76)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Oct 20.700.83$0.7617.1%40.28106
$49.50Oct 20.810.98$0.9018.9%110.3282
$55.00Oct 160.550.60$0.578.8%1200.1713.0K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 80 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Sep 256.757.80$7.2814.4%70.9911
$43.00Sep 183.704.50$4.1019.5%30.9924
$40.00Sep 186.757.35$7.058.5%20.9889
$44.00Sep 182.713.45$3.0824.0%20.9827
$41.00Sep 185.756.40$6.0810.7%10.9810
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.00Sep 185.556.50$6.0315.8%--1.0029
$55.00Sep 187.558.45$8.0011.2%181.00235
$54.00Sep 256.557.30$6.9310.8%11.009
$56.00Sep 258.609.35$8.988.4%11.0026
$50.00Sep 182.753.10$2.9311.9%330.971.7K

Most actively traded options today. High liquidity = easy entry/exit. 167 active (total vol 4.8K, top 606)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Oct 161.571.71$1.648.5%6060.373.2K
$52.00Oct 20.350.48$0.4231.0%3480.17150
$47.00Sep 180.430.71$0.5749.1%3350.51611
$50.00Sep 180.010.03$0.02100.0%2750.034.5K
$47.00Oct 303.253.65$3.4511.6%2020.544
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Sep 250.620.95$0.7842.3%2350.3568
$45.00Sep 180.000.06$0.03200.0%1280.062.3K
$44.00Sep 180.000.02$0.01200.0%1040.02263
$47.00Sep 180.410.71$0.5653.6%900.491.1K
$44.00Sep 250.050.41$0.23156.5%850.14144

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 23.0%, max 27.2%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.00Sep 18Oct 3065.5%51.6%27.0%635
$46.50Sep 18Oct 254.2%44.0%23.2%200265
$47.00Sep 18Oct 3059.6%49.4%20.7%537615
$47.50Sep 18Oct 259.4%49.2%20.7%22121
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.00Sep 18Oct 2365.5%51.4%27.2%16496
$45.50Sep 18Sep 2570.7%57.2%23.5%18221
$46.50Sep 18Oct 254.2%44.0%23.2%1719
$47.00Sep 18Oct 3059.6%49.4%20.7%901.1K
$47.50Sep 18Oct 259.4%49.2%20.7%19275

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 1.00, avg 2.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$43.00$47.00Oct 23$2.00$2.00$2.0074%1.00$45.00
$44.00$46.00Oct 30$0.93$1.07$0.9369%1.15$44.93
$47.00$48.00Oct 30$0.25$0.75$0.2554%3.00$47.25
$45.00$50.00Oct 16$2.31$2.69$2.3165%1.16$47.31
$47.00$49.00Oct 23$0.80$1.20$0.8054%1.50$47.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$52.00$51.00Oct 23$0.35$0.65$0.3570%1.86$51.65
$48.00$47.50Sep 18$0.21$0.29$0.2178%1.38$47.79
$49.00$48.50Sep 25$0.25$0.25$0.2571%1.00$48.75
$47.00$46.00Oct 23$0.35$0.65$0.3546%1.86$46.65
$50.00$49.00Oct 2$0.64$0.36$0.6472%0.56$49.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 68 found (best R:R 0.33, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$48.00$49.00Oct 30$0.67$0.67$0.3350%2.03$48.67
$54.00$55.00Oct 30$0.37$0.37$0.6374%0.59$54.37
$50.00$51.00Oct 9$0.38$0.38$0.6268%0.61$50.38
$54.00$55.00Oct 2$0.13$0.13$0.8789%0.15$54.13
$50.00$51.00Sep 25$0.19$0.19$0.8179%0.23$50.19
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$45.00$40.00Oct 16$1.23$1.23$3.7765%0.33$43.77
$43.00$42.00Oct 2$0.35$0.35$0.6581%0.54$42.65
$46.50$46.00Sep 25$0.39$0.39$0.1158%3.55$46.11
$43.00$42.00Oct 23$0.40$0.40$0.6074%0.67$42.60
$45.00$44.00Oct 30$0.48$0.48$0.5264%0.92$44.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.77, cheapest $0.69)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$47.00Sep 18Sep 25$0.8259.6%46.9%
$47.50Sep 18Sep 25$0.7859.4%47.3%
$46.50Sep 18Sep 25$0.7654.2%52.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$47.00Sep 18Sep 25$0.6959.6%46.9%
$47.50Sep 18Sep 25$0.6959.4%47.3%
$46.50Sep 18Sep 25$0.8754.2%52.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 50 found (cheapest 2.41% of stock, avg 8.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$47.00Sep 18$0.57$0.56$1.13$45.87$48.132.41%
$46.50Sep 18$0.90$0.30$1.20$45.30$47.702.55%
$47.50Sep 18$0.35$0.87$1.22$46.28$48.722.60%
$48.00Sep 18$0.18$1.08$1.26$46.74$49.262.68%
$46.00Sep 18$1.23$0.24$1.47$44.53$47.473.13%
$48.50Sep 18$0.10$1.51$1.61$46.89$50.113.43%
$49.00Sep 18$0.07$2.02$2.09$46.91$51.094.45%
$45.00Sep 18$2.16$0.03$2.19$42.81$47.194.66%
$49.50Sep 18$0.06$2.45$2.51$46.99$52.015.34%
$47.00Sep 25$1.39$1.25$2.64$44.36$49.645.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 154 found (cheapest 0.47% of stock, avg 5.18%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$49.50$45.50Sep 18$0.06$0.16$0.22$45.28$49.72
$49.00$45.50Sep 18$0.07$0.16$0.23$45.27$49.23
$48.50$45.50Sep 18$0.10$0.16$0.26$45.24$48.76
$49.50$38.00Sep 18$0.06$0.28$0.34$37.66$49.84
$48.00$45.50Sep 18$0.18$0.16$0.34$45.16$48.34
$49.00$38.00Sep 18$0.07$0.28$0.35$37.65$49.35
$49.50$46.00Sep 18$0.06$0.24$0.30$45.70$49.80
$49.00$46.00Sep 18$0.07$0.24$0.31$45.69$49.31
$48.50$46.00Sep 18$0.10$0.24$0.34$45.66$48.84
$48.50$38.00Sep 18$0.10$0.28$0.38$37.62$48.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 70 found (best R:R 1.56, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
39/4054/55Oct 30$0.61$0.3958%1.56$39.39$54.61
42/4354/55Oct 2$0.48$0.5270%0.92$42.52$54.48
42/4353/54Oct 2$0.52$0.4865%1.08$42.48$53.52
44/4550/51Oct 9$0.78$0.2235%3.55$44.22$50.78
42/4351/52Oct 2$0.54$0.4658%1.17$42.46$51.54
42/4352/53Oct 23$0.69$0.3143%2.23$42.31$52.69
38/3954/55Oct 30$0.49$0.5162%0.96$38.51$54.49
42/4354/55Oct 30$0.63$0.3746%1.70$42.37$54.63
40/4150/51Oct 9$0.53$0.4756%1.13$40.47$50.53
42/4350/51Oct 9$0.62$0.3847%1.63$42.38$50.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 3.03, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$45.00$50.00$55.00Oct 16$1.24$3.7649%3.03
$40.00$45.00$50.00Oct 16$1.37$3.6350%2.65
$47.00$47.50$48.00Sep 18$0.05$0.4528%9.00
$48.00$49.00$50.00Oct 9$0.05$0.9514%19.00
$51.00$52.00$53.00Oct 23$0.05$0.959%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$40.00$45.00$50.00Oct 16$1.38$3.6251%2.62
$45.00$50.00$55.00Oct 16$1.46$3.5449%2.42
$48.00$49.00$50.00Oct 9$0.07$0.9314%13.29
$45.00$46.00$47.00Oct 9$0.08$0.9214%11.50
$48.00$48.50$49.00Sep 18$0.08$0.4214%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-0.27, 71 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$45.001:2Oct 16-$0.27$4.73
$43.00$47.001:2Oct 23-$1.18$2.82
$45.00$46.001:2Sep 18-$0.30$0.70
$50.00$51.001:2Sep 25$0.00$1.00
$47.00$47.501:2Sep 18-$0.13$0.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$50.001:2Oct 16-$0.26$4.74
$55.00$51.001:2Oct 9-$1.56$2.44
$42.00$40.001:2Oct 30-$0.26$1.74
$41.00$40.001:2Oct 2$0.00$1.00
$47.50$47.001:2Sep 18-$0.25$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 4.39%, avg 2.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$50.00Oct 30$2.060.416.5%4.39%10.84%9106
$47.00Oct 30$3.250.540.1%6.92%6.98%2024
$51.00Oct 30$1.730.378.6%3.68%12.26%31
$49.00Oct 30$2.250.454.3%4.79%9.11%242
$48.00Oct 30$2.640.502.2%5.62%7.81%--12
$47.00Oct 23$3.050.550.1%6.49%6.56%131
$52.00Oct 30$1.360.3310.7%2.90%13.60%114
$49.00Oct 23$2.020.454.3%4.30%8.62%2019
$50.00Oct 23$1.670.406.5%3.56%10.01%137
$51.00Oct 23$1.310.358.6%2.79%11.37%--27

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 5,627
Total Puts 11,753
Put/Call Ratio 2.09
Net Difference -6,126

Prior's Put/Call Breakdown

Total Calls 3,944
Total Puts 4,094
Put/Call Ratio 1.04
Net Difference -150

Prior 7-Day Put/Call Summary

Total Calls 41,239
Total Puts 31,510
Average Put/Call Ratio 0.84
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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