AA - Options Database

ALCOA CORP

$40.73 -0.15%

$40.67 (-0.15%)🌙

as of 10/21 06:08 PM

(10/20 18:04) ◀

Wednesday, October 21, 2026 (6:08pm)

▶ (10/22 18:08)

◀ 10/21 18:08 ▶

Option Volume

Detail

ℹ

Current (10/21) 13,760

Calls: 7,557 (55%)

Puts: 6,203 (45%)

Prior (10/20) 12,373

Calls: 6,846 (55%)

Puts: 5,527 (45%)

Current vs Prior +11.21%

Calls: +10.39% (Calls)

Puts: +12.23% (Puts)

Prior 7-Day Total 145,750

Calls: 95,482 (66%)

Puts: 50,268 (34%)

Prior 7-Day Average 20,821

Calls: 13,640 (66%)

Puts: 7,181 (34%)

Current vs Prior 7-Day Avg -33.91%

Calls: -44.60%

Puts: -13.62%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/21) $4.48M

Calls: $1.23M (27%)

Puts: $3.25M (73%)

Prior (10/20) $2.49M

Calls: $1.21M (49%)

Puts: $1.28M (51%)

Current vs Prior +80.33%

Calls: +2.06%

Puts: +154.08%

Prior 7-Day Total $23.28M

Calls: $9.75M (42%)

Puts: $13.53M (58%)

Prior 7-Day Average $3.33M

Calls: $1.39M (42%)

Puts: $1.93M (58%)

Current vs Prior 7-Day Avg +34.76%

Calls: -11.69%

Puts: +68.24%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/21) 0.82

Prior (10/20) 0.81

Current vs Prior +1.67%

Prior 7-Day Average 0.70

Current vs Prior 7-Day Avg +17.48%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/21) 264,205

Calls: 124,827 (47%)

Puts: 139,378 (53%)

Prior (10/20) 257,937

Calls: 122,179 (47%)

Puts: 135,758 (53%)

Current vs Prior +2.43%

Prior 7-Day Total 1,848,864

Calls: 925,319 (50%)

Puts: 923,545 (50%)

Prior 7-Day Average 264,123

Calls: 132,188 (50%)

Puts: 131,935 (50%)

Current vs Prior 7-Day Avg +0.03%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)

Current 3.61% | 6.68%10.97% | 16.65%

Prior 4.09% | 7.28%10.86% | 16.70%

Current vs Prior -11.85% | -8.28%+1.05% | -0.29%

Prior 7-Day Avg 5.53% | 8.08%7.46% | 13.83%

Current vs 7-Day Avg -34.70% | -17.39%+47.06% | +20.37%

Prior 7-Day Eod 4.09% | 7.28%10.86% | 16.70%

Current vs 7-Day Eod -11.85% | -8.28%+1.05% | -0.29%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.30% | 15.64%

Calls: 12.60% | 21.69%

Puts: 10.00% | 9.58%

Prior 11.30% | 15.64%

Calls: 12.60% | 21.69%

Puts: 10.00% | 9.58%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 20.19% | 21.60%

Calls: 27.48% | 19.19%

Puts: 12.90% | 24.01%

Current vs 7-Day Avg -44.03% | -27.60%

Liquidity Expensive

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Moderately bearish flow with 73% put dollar volume ($3.25M). Elevated premium activity with dollar volume up 80% vs prior.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 3 of results (avg 8.1%, best 5.9%)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.50	Nov 20	2.14	2.27	$2.21	5.9%	114	0.53	16
$33.00	Oct 23	7.35	8.00	$7.68	8.5%	43	0.86	4

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$45.00	Nov 20	4.80	5.30	$5.05	9.9%	37	0.75	485

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.83, cheapest $0.65)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.00	Oct 30	0.59	0.71	$0.65	18.5%	1.4K	0.34	149
$41.50	Oct 30	0.74	0.90	$0.82	19.5%	59	0.40	52
$42.00	Nov 6	0.88	1.06	$0.97	18.6%	2	0.38	28

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Oct 30	0.81	0.92	$0.87	12.6%	91	0.40	261

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 78 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$36.50	Oct 23	3.70	4.50	$4.10	19.5%	2	1.00	18
$37.50	Oct 23	2.84	3.45	$3.15	19.4%	3	1.00	2
$38.00	Oct 23	2.35	3.10	$2.73	27.5%	1	1.00	4
$39.00	Oct 23	1.70	1.94	$1.82	13.2%	27	0.92	74
$35.00	Oct 23	5.35	6.00	$5.68	11.4%	19	0.91	21

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$46.50	Oct 23	5.40	6.30	$5.85	15.4%	8	0.98	3
$47.00	Oct 23	6.00	6.70	$6.35	11.0%	21	0.98	2
$44.50	Oct 23	3.45	4.20	$3.83	19.6%	3	0.97	5
$46.00	Oct 23	4.90	5.95	$5.43	19.3%	1	0.97	10
$43.50	Oct 23	2.58	3.00	$2.79	15.1%	6	0.96	120

Most actively traded options today. High liquidity = easy entry/exit. 147 active (total vol 5.8K, top 1.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.00	Oct 30	0.59	0.71	$0.65	18.5%	1.4K	0.34	149
$41.00	Oct 23	0.43	0.54	$0.49	22.4%	251	0.40	316
$46.00	Nov 20	0.47	0.61	$0.54	25.9%	165	0.19	43
$45.00	Oct 30	0.11	0.15	$0.13	30.8%	141	0.09	1.4K
$45.00	Nov 20	0.65	0.85	$0.75	26.7%	141	0.24	14.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$37.00	Nov 20	0.62	0.90	$0.76	36.8%	572	0.22	22
$40.00	Oct 23	0.25	0.35	$0.30	33.3%	201	0.34	578
$39.50	Oct 23	0.16	0.27	$0.22	50.0%	144	0.24	1.5K
$40.00	Nov 20	1.58	1.87	$1.73	16.8%	116	0.43	1.3K
$34.00	Nov 20	0.01	0.45	$0.23	191.3%	102	0.09	14

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 19.4%, max 38.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$40.50	Oct 23	Nov 20	60.3%	43.6%	38.4%	134	161
$41.00	Oct 23	Nov 27	59.9%	46.0%	30.2%	253	355
$41.50	Oct 23	Nov 20	57.1%	47.4%	20.4%	59	161
$42.00	Oct 23	Nov 27	53.6%	46.1%	16.4%	107	337
$39.50	Oct 23	Nov 6	50.2%	47.2%	6.5%	14	11

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$40.50	Oct 23	Nov 20	60.3%	43.6%	38.4%	130	175
$41.00	Oct 23	Nov 27	59.9%	46.0%	30.2%	57	204
$39.00	Oct 23	Nov 27	51.9%	41.8%	24.2%	21	312
$41.50	Oct 23	Oct 30	57.1%	46.6%	22.5%	24	2.2K
$39.50	Oct 23	Nov 20	50.2%	42.5%	18.2%	145	1.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 84 found (best R:R 1.38, avg 2.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$39.00	$40.00	Nov 13	$0.44	$0.56	$0.44	66%	1.27	$39.44
$39.00	$39.50	Oct 23	$0.28	$0.22	$0.28	92%	0.79	$39.28
$39.00	$40.00	Oct 30	$0.57	$0.43	$0.57	74%	0.75	$39.57
$39.50	$40.00	Nov 6	$0.21	$0.29	$0.21	63%	1.38	$39.71
$46.00	$47.00	Nov 27	$0.11	$0.89	$0.11	21%	8.09	$46.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$45.00	$44.00	Nov 13	$0.42	$0.58	$0.42	79%	1.38	$44.58
$46.00	$45.00	Nov 27	$0.50	$0.50	$0.50	79%	1.00	$45.50
$38.00	$37.00	Nov 13	$0.13	$0.87	$0.13	27%	6.69	$37.87
$42.00	$41.50	Oct 23	$0.32	$0.18	$0.32	82%	0.56	$41.68
$40.00	$39.50	Oct 30	$0.11	$0.39	$0.11	40%	3.55	$39.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 60 found (best R:R 2.33, avg 0.59)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$48.00	$48.50	Nov 20	$0.35	$0.35	$0.15	82%	2.33	$48.35
$47.50	$48.00	Oct 23	$0.32	$0.32	$0.18	82%	1.78	$47.82
$47.00	$48.00	Nov 13	$0.17	$0.17	$0.83	86%	0.20	$47.17
$43.00	$43.50	Nov 6	$0.19	$0.19	$0.31	71%	0.61	$43.19
$45.00	$46.00	Nov 6	$0.15	$0.15	$0.85	84%	0.18	$45.15

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$36.00	$35.00	Nov 13	$0.38	$0.38	$0.62	82%	0.61	$35.62
$37.00	$36.50	Oct 23	$0.24	$0.24	$0.26	86%	0.92	$36.76
$38.00	$37.00	Nov 6	$0.30	$0.30	$0.70	77%	0.43	$37.70
$39.50	$39.00	Oct 30	$0.29	$0.29	$0.21	66%	1.38	$39.21
$40.00	$39.00	Nov 27	$0.53	$0.53	$0.47	57%	1.13	$39.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.55, cheapest $0.39)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$40.50	Oct 23	Oct 30	$0.59	60.3%	46.4%
$41.00	Oct 23	Oct 30	$0.54	59.9%	46.9%
$40.00	Oct 23	Oct 30	$0.57	43.7%	46.4%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$40.50	Oct 23	Oct 30	$0.39	60.3%	46.4%
$41.00	Oct 23	Oct 30	$0.66	59.9%	46.9%
$40.00	Oct 23	Oct 30	$0.57	43.7%	46.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 49 found (cheapest 3.07% of stock, avg 8.12%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$41.00	Oct 23	$0.49	$0.76	$1.25	$39.75	$42.25	3.07%
$40.00	Oct 23	$1.03	$0.30	$1.33	$38.67	$41.33	3.27%
$40.50	Oct 23	$0.71	$0.71	$1.42	$39.08	$41.92	3.49%
$41.50	Oct 23	$0.29	$1.15	$1.44	$40.06	$42.94	3.54%
$42.00	Oct 23	$0.15	$1.47	$1.62	$40.38	$43.62	3.98%
$39.50	Oct 23	$1.54	$0.22	$1.76	$37.74	$41.26	4.32%
$39.00	Oct 23	$1.82	$0.13	$1.95	$37.05	$40.95	4.79%
$42.50	Oct 23	$0.10	$2.00	$2.10	$40.40	$44.60	5.16%
$40.50	Oct 30	$1.30	$1.10	$2.40	$38.10	$42.90	5.89%
$41.00	Oct 30	$1.03	$1.42	$2.45	$38.55	$43.45	6.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.69% of stock, avg 4.79%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$42.00	$39.00	Oct 23	$0.15	$0.13	$0.28	$38.72	$42.28
$42.00	$39.50	Oct 23	$0.15	$0.22	$0.37	$39.13	$42.37
$42.00	$37.00	Oct 23	$0.15	$0.26	$0.41	$36.59	$42.41
$41.50	$39.00	Oct 23	$0.29	$0.13	$0.42	$38.58	$41.92
$48.50	$39.00	Oct 23	$0.38	$0.13	$0.51	$38.49	$49.01
$41.50	$39.50	Oct 23	$0.29	$0.22	$0.51	$38.99	$42.01
$42.00	$40.00	Oct 23	$0.15	$0.30	$0.45	$39.55	$42.45
$41.50	$40.00	Oct 23	$0.29	$0.30	$0.59	$39.41	$42.09
$41.50	$37.00	Oct 23	$0.29	$0.26	$0.55	$36.45	$42.05
$48.50	$37.00	Oct 23	$0.38	$0.26	$0.64	$36.36	$49.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 41 found (best R:R 1.22, avg credit $0.41)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
35/36	47/48	Nov 13	$0.55	$0.45	68%	1.22	$35.45	$47.55
36/37	48/48	Nov 20	$0.63	$0.37	60%	1.70	$36.37	$48.63
35/36	48/48	Nov 20	$0.53	$0.47	66%	1.13	$35.47	$48.53
36/37	42/42	Oct 23	$0.38	$0.12	58%	3.17	$36.62	$41.88
35/36	44/45	Nov 13	$0.58	$0.42	56%	1.38	$35.42	$44.58
35/36	43/44	Nov 13	$0.62	$0.38	50%	1.63	$35.38	$43.62
37/38	48/48	Nov 20	$0.52	$0.48	55%	1.08	$37.48	$48.52
37/38	45/46	Nov 6	$0.45	$0.55	61%	0.82	$37.55	$45.45
38/38	44/44	Oct 30	$0.23	$0.27	62%	0.85	$38.27	$43.73
38/39	44/44	Oct 30	$0.26	$0.24	55%	1.08	$38.74	$43.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 63 found (best R:R 10.11, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$41.00	$41.50	$42.00	Oct 23	$0.06	$0.44	22%	7.33
$40.00	$40.50	$41.00	Oct 23	$0.10	$0.40	29%	4.00
$44.00	$45.00	$46.00	Nov 27	$0.08	$0.92	11%	11.50
$40.50	$41.00	$41.50	Oct 30	$0.06	$0.44	13%	7.33
$42.00	$43.00	$44.00	Nov 27	$0.09	$0.91	12%	10.11

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$41.00	$43.00	$45.00	Nov 27	$0.18	$1.82	24%	10.11
$41.00	$42.50	$44.00	Nov 20	$0.11	$1.39	20%	12.64
$38.00	$39.00	$40.00	Nov 6	$0.08	$0.92	19%	11.50
$44.00	$45.00	$46.00	Nov 6	$0.07	$0.93	12%	13.29
$43.00	$44.00	$45.00	Nov 6	$0.08	$0.92	13%	11.50

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 $-0.91, 70 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$38.00	$39.00	1:2	Oct 23	-$0.91	$0.09
$41.00	$41.50	1:2	Oct 23	-$0.09	$0.41
$42.00	$42.50	1:2	Oct 23	-$0.05	$0.45
$43.50	$44.00	1:2	Oct 30	-$0.07	$0.43
$45.50	$46.00	1:2	Oct 30	-$0.07	$0.43

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$39.00	$38.00	1:2	Nov 6	-$0.23	$0.77
$38.00	$37.00	1:2	Oct 30	-$0.10	$0.90
$36.00	$35.00	1:2	Nov 27	-$0.12	$0.88
$36.00	$35.00	1:2	Nov 20	-$0.12	$0.88
$38.50	$38.00	1:2	Oct 30	-$0.08	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 3.93%, avg 1.70%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$42.00	Nov 27	$1.60	0.44	3.1%	3.93%	7.05%	--	15
$41.00	Nov 27	$2.02	0.50	0.7%	4.96%	5.62%	2	39
$43.00	Nov 27	$1.24	0.37	5.6%	3.04%	8.62%	2	1
$41.00	Nov 20	$1.90	0.50	0.7%	4.66%	5.33%	111	7
$41.50	Nov 20	$1.68	0.46	1.9%	4.12%	6.02%	--	13
$44.00	Nov 27	$0.96	0.32	8.0%	2.36%	10.39%	--	120
$42.00	Nov 20	$1.45	0.43	3.1%	3.56%	6.68%	2	46
$42.50	Nov 20	$1.30	0.39	4.3%	3.19%	7.54%	--	36
$43.00	Nov 20	$1.11	0.36	5.6%	2.73%	8.30%	2	26
$44.00	Nov 20	$0.83	0.30	8.0%	2.04%	10.07%	7	21

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 7,557

Total Puts 6,203

Put/Call Ratio 0.82

Net Difference 1,354

Prior's Put/Call Breakdown

Total Calls 6,846

Total Puts 5,527

Put/Call Ratio 0.81

Net Difference 1,319

Prior 7-Day Put/Call Summary

Total Calls 95,482

Total Puts 50,268

Average Put/Call Ratio 0.70

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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