AA - Options Database

ALCOA CORP

$39.93 +3.45%

$40.01 (+0.19%)🌙

as of 10/27 06:09 PM

(10/26 18:09) ◀

Tuesday, October 27, 2026 (6:09pm)

▶ (10/28 18:11)

◀ 10/27 18:09 ▶

Option Volume

Detail

ℹ

Current (10/27) 15,076

Calls: 13,138 (87%)

Puts: 1,938 (13%)

Prior (10/26) 36,014

Calls: 30,974 (86%)

Puts: 5,040 (14%)

Current vs Prior -58.14%

Calls: -57.58% (Calls)

Puts: -61.55% (Puts)

Prior 7-Day Total 177,905

Calls: 122,378 (69%)

Puts: 55,527 (31%)

Prior 7-Day Average 25,415

Calls: 17,482 (69%)

Puts: 7,932 (31%)

Current vs Prior 7-Day Avg -40.68%

Calls: -24.85%

Puts: -75.57%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/27) $1.84M

Calls: $1.44M (78%)

Puts: $405.4K (22%)

Prior (10/26) $3.70M

Calls: $2.71M (73%)

Puts: $985.8K (27%)

Current vs Prior -50.19%

Calls: -47.04%

Puts: -58.87%

Prior 7-Day Total $26.88M

Calls: $11.33M (42%)

Puts: $15.55M (58%)

Prior 7-Day Average $3.84M

Calls: $1.62M (42%)

Puts: $2.22M (58%)

Current vs Prior 7-Day Avg -52.05%

Calls: -11.28%

Puts: -81.75%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/27) 0.15

Prior (10/26) 0.16

Current vs Prior -9.35%

Prior 7-Day Average 0.61

Current vs Prior 7-Day Avg -75.90%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/27) 288,936

Calls: 138,722 (48%)

Puts: 150,214 (52%)

Prior (10/26) 273,002

Calls: 126,234 (46%)

Puts: 146,768 (54%)

Current vs Prior +5.84%

Prior 7-Day Total 1,810,106

Calls: 864,413 (48%)

Puts: 945,693 (52%)

Prior 7-Day Average 258,586

Calls: 123,487 (48%)

Puts: 135,099 (52%)

Current vs Prior 7-Day Avg +11.74%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (10/30) | Next (11/06)Expiry (11/20) | Next (12/18)

Current 4.03% | 6.41%9.42% | 13.60%

Prior 4.68% | 6.54%9.82% | 13.75%

Current vs Prior -13.79% | -1.93%-4.10% | -1.08%

Prior 7-Day Avg 4.63% | 7.18%9.60% | 14.85%

Current vs 7-Day Avg -12.93% | -10.68%-1.94% | -8.42%

Prior 7-Day Eod 4.68% | 6.54%9.82% | 13.75%

Current vs 7-Day Eod -13.79% | -1.93%-4.10% | -1.08%

Sentiment BULLISHBULLISH

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 11.30% | 15.64%

Calls: 12.60% | 21.69%

Puts: 10.00% | 9.58%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($1.44M) vs puts ($405.4K). Light premium activity with dollar volume down 50% vs prior. Below-average activity with volume down 58% vs prior. Extreme bullish P/C ratio of 0.15 - heavy call buying (13,138 calls vs 1,938 puts).

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 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

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Tightest Spreads

💰

Best Value <$1

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High Delta

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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 7 of results (avg 8.0%, best 6.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$39.00	Nov 20	2.30	2.48	$2.39	7.5%	267	0.61	477
$38.00	Nov 27	3.05	3.30	$3.18	7.9%	2	0.67	6
$40.00	Nov 20	1.78	1.93	$1.86	8.1%	4.1K	0.52	14.7K
$32.00	Oct 30	7.40	8.10	$7.75	9.0%	5	0.87	--
$33.00	Oct 30	6.50	7.15	$6.83	9.5%	4	0.87	--

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$45.00	Nov 20	5.20	5.55	$5.38	6.5%	5	0.83	398
$40.00	Nov 20	1.74	1.87	$1.81	7.2%	19	0.48	1.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.72, cheapest $0.48)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Oct 30	0.62	0.72	$0.67	14.9%	315	0.50	916
$41.50	Nov 6	0.52	0.60	$0.56	14.3%	13	0.31	49

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$39.50	Oct 30	0.44	0.52	$0.48	16.7%	72	0.38	67
$40.00	Oct 30	0.63	0.73	$0.68	14.7%	28	0.50	364
$39.00	Nov 6	0.66	0.80	$0.73	19.2%	9	0.36	65
$39.50	Nov 6	0.85	1.00	$0.93	16.1%	20	0.43	3
$38.00	Nov 20	0.90	1.01	$0.96	11.5%	47	0.31	183

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$35.00	Oct 30	4.65	5.15	$4.90	10.2%	1	1.00	1
$36.00	Oct 30	3.55	4.15	$3.85	15.6%	2	1.00	9
$32.00	Nov 6	6.00	9.45	$7.73	44.6%	--	1.00	22
$34.00	Nov 6	4.80	6.20	$5.50	25.5%	1	1.00	21
$37.00	Oct 30	2.39	3.10	$2.75	25.8%	--	0.96	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$45.00	Oct 30	4.95	5.50	$5.23	10.5%	1	0.99	115
$43.50	Oct 30	3.35	4.00	$3.68	17.7%	--	0.97	32
$44.00	Oct 30	3.90	4.60	$4.25	16.5%	1	0.97	101
$43.00	Oct 30	2.91	3.30	$3.11	12.5%	3	0.95	148
$44.50	Oct 30	4.40	5.05	$4.72	13.8%	3	0.94	2

Most actively traded options today. High liquidity = easy entry/exit. 169 active (total vol 12.0K, top 4.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Nov 20	1.78	1.93	$1.86	8.1%	4.1K	0.52	14.7K
$42.00	Oct 30	0.07	0.13	$0.10	60.0%	4.0K	0.12	4.2K
$45.00	Nov 20	0.35	0.43	$0.39	20.5%	692	0.17	10.0K
$40.00	Oct 30	0.62	0.72	$0.67	14.9%	315	0.50	916
$39.00	Nov 20	2.30	2.48	$2.39	7.5%	267	0.61	477

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$39.50	Oct 30	0.44	0.52	$0.48	16.7%	72	0.38	67
$39.00	Oct 30	0.27	0.37	$0.32	31.2%	71	0.28	406
$35.00	Nov 27	0.37	0.52	$0.45	33.3%	62	0.15	33
$38.00	Oct 30	0.08	0.16	$0.12	66.7%	51	0.13	236
$36.00	Nov 20	0.39	0.51	$0.45	26.7%	51	0.17	121

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 35.0%, max 204.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$45.50	Oct 30	Nov 20	135.3%	44.4%	204.3%	--	94
$38.50	Oct 30	Nov 20	53.9%	44.6%	21.0%	66	593
$39.00	Oct 30	Dec 4	49.9%	43.6%	14.4%	148	583
$40.00	Oct 30	Dec 4	47.7%	42.8%	11.4%	326	920
$39.50	Oct 30	Nov 20	48.9%	44.3%	10.2%	125	428

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$45.50	Oct 30	Nov 20	135.3%	44.4%	204.3%	2	13
$38.50	Oct 30	Nov 20	53.9%	44.6%	21.0%	30	641
$41.00	Oct 30	Nov 27	48.5%	42.8%	13.4%	10	110
$39.00	Oct 30	Nov 27	49.9%	44.2%	13.0%	71	425
$40.00	Oct 30	Dec 4	47.7%	42.8%	11.4%	29	365

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 0.67, avg 2.14)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$34.00	$39.00	Dec 4	$3.00	$2.00	$3.00	88%	0.67	$37.00
$35.50	$36.00	Nov 6	$0.15	$0.35	$0.15	86%	2.33	$35.65
$38.00	$40.00	Nov 27	$1.03	$0.97	$1.03	67%	0.94	$39.03
$37.00	$37.50	Oct 30	$0.33	$0.17	$0.33	96%	0.52	$37.33
$38.50	$39.00	Nov 6	$0.20	$0.30	$0.20	71%	1.50	$38.70

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$43.00	$42.50	Oct 30	$0.24	$0.26	$0.24	96%	1.08	$42.76
$40.00	$39.00	Nov 13	$0.26	$0.74	$0.26	48%	2.85	$39.74
$43.00	$42.50	Nov 6	$0.27	$0.23	$0.27	83%	0.85	$42.73
$42.00	$41.00	Nov 13	$0.59	$0.41	$0.59	68%	0.69	$41.41
$40.00	$39.50	Oct 30	$0.20	$0.30	$0.20	50%	1.50	$39.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 64 found (best R:R 1.22, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$45.50	$46.00	Oct 30	$0.23	$0.23	$0.27	84%	0.85	$45.73
$40.00	$41.00	Nov 27	$0.62	$0.62	$0.38	48%	1.63	$40.62
$43.50	$44.00	Nov 6	$0.18	$0.18	$0.32	82%	0.56	$43.68
$41.00	$41.50	Nov 13	$0.29	$0.29	$0.21	58%	1.38	$41.29
$44.50	$45.00	Nov 20	$0.17	$0.17	$0.33	79%	0.52	$44.67

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$33.00	$32.00	Nov 13	$0.55	$0.55	$0.45	82%	1.22	$32.45
$35.50	$35.00	Nov 6	$0.31	$0.31	$0.19	85%	1.63	$35.19
$36.50	$36.00	Oct 30	$0.17	$0.17	$0.33	88%	0.52	$36.33
$39.00	$38.00	Nov 13	$0.46	$0.46	$0.54	62%	0.85	$38.54
$34.00	$33.00	Dec 4	$0.20	$0.20	$0.80	88%	0.25	$33.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.48, cheapest $0.45)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$39.50	Oct 30	Nov 6	$0.45	48.9%	42.7%
$40.00	Oct 30	Nov 6	$0.46	47.7%	44.4%
$40.50	Oct 30	Nov 6	$0.49	47.0%	45.6%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$39.50	Oct 30	Nov 6	$0.45	48.9%	42.7%
$40.00	Oct 30	Nov 6	$0.50	47.7%	44.4%
$40.50	Oct 30	Nov 6	$0.50	47.0%	45.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 51 found (cheapest 3.38% of stock, avg 8.00%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$40.00	Oct 30	$0.67	$0.68	$1.35	$38.65	$41.35	3.38%
$39.50	Oct 30	$0.93	$0.48	$1.41	$38.09	$40.91	3.53%
$40.50	Oct 30	$0.45	$0.96	$1.41	$39.09	$41.91	3.53%
$39.00	Oct 30	$1.29	$0.32	$1.61	$37.39	$40.61	4.03%
$41.00	Oct 30	$0.31	$1.35	$1.66	$39.34	$42.66	4.16%
$38.50	Oct 30	$1.64	$0.24	$1.88	$36.62	$40.38	4.71%
$41.50	Oct 30	$0.17	$1.81	$1.98	$39.52	$43.48	4.96%
$38.00	Oct 30	$2.06	$0.12	$2.18	$35.82	$40.18	5.46%
$42.00	Oct 30	$0.10	$2.15	$2.25	$39.75	$44.25	5.63%
$39.50	Nov 6	$1.38	$0.93	$2.31	$37.19	$41.81	5.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.65% of stock, avg 4.60%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$42.50	$38.00	Oct 30	$0.14	$0.12	$0.26	$37.74	$42.76
$41.50	$38.00	Oct 30	$0.17	$0.12	$0.29	$37.71	$41.79
$42.50	$38.50	Oct 30	$0.14	$0.24	$0.38	$38.12	$42.88
$41.50	$38.50	Oct 30	$0.17	$0.24	$0.41	$38.09	$41.91
$41.00	$38.00	Oct 30	$0.31	$0.12	$0.43	$37.57	$41.43
$45.50	$38.00	Oct 30	$0.38	$0.12	$0.50	$37.50	$46.00
$42.50	$39.00	Oct 30	$0.14	$0.32	$0.46	$38.54	$42.96
$41.50	$39.00	Oct 30	$0.17	$0.32	$0.49	$38.51	$41.99
$41.00	$38.50	Oct 30	$0.31	$0.24	$0.55	$37.95	$41.55
$41.00	$39.00	Oct 30	$0.31	$0.32	$0.63	$38.37	$41.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 62 found (best R:R 2.13, avg credit $0.42)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
32/33	44/45	Nov 13	$0.68	$0.32	63%	2.13	$32.32	$44.68
32/33	42/43	Nov 13	$0.77	$0.23	50%	3.35	$32.23	$42.77
32/33	43/44	Nov 13	$0.69	$0.31	57%	2.23	$32.31	$43.69
35/36	46/46	Oct 30	$0.34	$0.16	77%	2.13	$35.16	$45.84
38/38	46/46	Oct 30	$0.35	$0.15	63%	2.33	$38.15	$45.85
36/36	42/43	Oct 30	$0.28	$0.22	74%	1.27	$36.22	$42.78
35/36	42/43	Oct 30	$0.22	$0.28	79%	0.79	$35.28	$42.72
33/34	46/47	Dec 4	$0.42	$0.58	69%	0.72	$33.58	$46.42
36/36	41/42	Oct 30	$0.31	$0.19	59%	1.63	$36.19	$41.31
38/38	44/44	Nov 6	$0.32	$0.18	53%	1.78	$38.18	$43.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 63 found (best R:R 13.29, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$41.00	$42.00	$43.00	Nov 27	$0.07	$0.93	13%	13.29
$42.00	$43.00	$44.00	Nov 13	$0.08	$0.92	13%	11.50
$40.00	$40.50	$41.00	Oct 30	$0.08	$0.42	22%	5.25
$39.50	$40.00	$40.50	Nov 6	$0.06	$0.44	14%	7.33
$41.00	$41.50	$42.00	Oct 30	$0.07	$0.43	16%	6.14

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$38.00	$39.00	$40.00	Nov 27	$0.07	$0.93	15%	13.29
$37.00	$38.00	$39.00	Nov 27	$0.07	$0.93	14%	13.29
$39.00	$40.00	$41.00	Nov 27	$0.09	$0.91	16%	10.11
$39.50	$40.00	$40.50	Oct 30	$0.08	$0.42	23%	5.25
$40.50	$41.00	$41.50	Oct 30	$0.07	$0.43	20%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-0.85, 81 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$41.00	$43.00	1:2	Dec 4	-$0.57	$1.43
$38.00	$40.00	1:2	Nov 27	-$1.12	$0.88
$44.00	$45.00	1:2	Nov 6	$0.00	$1.00
$46.00	$47.00	1:2	Dec 4	-$0.12	$0.88
$44.00	$45.00	1:2	Nov 13	-$0.13	$0.87

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$45.00	$42.00	1:2	Dec 4	-$0.85	$2.15
$37.00	$35.00	1:2	Dec 4	-$0.07	$1.93
$43.00	$41.00	1:2	Nov 20	-$1.07	$0.93
$40.00	$38.00	1:2	Dec 4	-$0.54	$1.46
$35.00	$34.00	1:2	Nov 27	-$0.07	$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 4.38%, avg 1.61%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$41.00	Dec 4	$1.75	0.45	2.7%	4.38%	7.06%	10	--
$40.00	Dec 4	$2.17	0.52	0.2%	5.43%	5.61%	11	4
$43.00	Dec 4	$1.04	0.33	7.7%	2.60%	10.29%	3	6
$40.00	Nov 27	$1.95	0.52	0.2%	4.88%	5.06%	5	34
$44.00	Dec 4	$0.78	0.28	10.2%	1.95%	12.15%	3	22
$40.00	Nov 20	$1.78	0.52	0.2%	4.46%	4.63%	4.1K	14.7K
$43.00	Nov 27	$0.86	0.31	7.7%	2.15%	9.84%	12	56
$40.50	Nov 20	$1.52	0.48	1.4%	3.81%	5.23%	14	155
$41.00	Nov 27	$1.32	0.44	2.7%	3.31%	5.99%	3	43
$45.00	Dec 4	$0.61	0.23	12.7%	1.53%	14.22%	3	1

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 13,138

Total Puts 1,938

Put/Call Ratio 0.15

Net Difference 11,200

Prior's Put/Call Breakdown

Total Calls 30,974

Total Puts 5,040

Put/Call Ratio 0.16

Net Difference 25,934

Prior 7-Day Put/Call Summary

Total Calls 122,378

Total Puts 55,527

Average Put/Call Ratio 0.61

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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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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