Tour v289
BIIB
BIOGEN INC
$216.12 +3.04%
$217.00 (+0.41%)🌙
as of 07/02 06:13 PM
7/2 18:13

Option Volume

Detail
Current (07/02) 2,523
Calls: 2,145 (85%)
Puts: 378 (15%)
Prior (07/01) 919
Calls: 745 (81%)
Puts: 174 (19%)
Current vs Prior +174.54%
Calls: +187.92% (Calls)
Puts: +117.24% (Puts)
Prior 7-Day Total 14,806
Calls: 10,171 (69%)
Puts: 4,635 (31%)
Prior 7-Day Average 2,115
Calls: 1,453 (69%)
Puts: 662 (31%)
Current vs Prior 7-Day Avg +19.28%
Calls: +47.63%
Puts: -42.91%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $2.86M
Calls: $2.72M (95%)
Puts: $136.1K (5%)
Prior (07/01) $348.3K
Calls: $243.5K (70%)
Puts: $104.8K (30%)
Current vs Prior +720.23%
Calls: +1017.46%
Puts: +29.86%
Prior 7-Day Total $11.59M
Calls: $7.08M (61%)
Puts: $4.51M (39%)
Prior 7-Day Average $1.66M
Calls: $1.01M (61%)
Puts: $644.3K (39%)
Current vs Prior 7-Day Avg +72.57%
Calls: +169.05%
Puts: -78.87%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.18
Prior (07/01) 0.23
Current vs Prior -24.55%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg -69.78%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 14,768
Calls: 10,676 (72%)
Puts: 4,092 (28%)
Prior (07/01) 12,532
Calls: 9,628 (77%)
Puts: 2,904 (23%)
Current vs Prior +17.84%
Prior 7-Day Total 90,744
Calls: 76,014 (79%)
Puts: 20,119 (21%)
Prior 7-Day Average 12,963
Calls: 10,859 (79%)
Puts: 2,874 (21%)
Current vs Prior 7-Day Avg +13.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.66% | 4.53%6.64% | 13.79%
Prior 2.73% | 4.84%8.15% | 14.30%
Current vs Prior +65.98% | +37.21%-18.53% | -3.58%
Prior 7-Day Avg 3.29% | 5.05%8.23% | 14.45%
Current vs 7-Day Avg +37.77% | +31.55%-19.34% | -4.56%
Prior 7-Day Eod 2.73% | 4.84%-- | --
Current vs 7-Day Eod +65.98% | +37.21%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 114.07% | 61.49%
Calls: 98.96% | 51.55%
Puts: 129.19% | 71.43%
Prior 114.07% | 61.49%
Calls: 98.96% | 51.55%
Puts: 129.19% | 71.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 108.74% | 53.36%
Calls: 91.73% | 43.02%
Puts: 123.98% | 61.00%
Current vs 7-Day Avg +4.90% | +15.23%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($2.72M) vs puts ($136.1K). Massive premium surge with dollar volume up 720% vs prior. Dollar volume significantly above 7-day average (73% higher). Unusually high activity with volume up 175% vs prior - elevated interest.

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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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 2 of results (avg 8.2%, best 7.1%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 1735.2037.80$36.507.1%280.91638
$190.00Jul 1725.8028.30$27.059.2%140.88301
PUTS (0)
No puts meet the criteria

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Jul 224.2027.70$25.9513.5%11.00--
$202.50Jul 1012.8015.30$14.0517.8%10.925
$180.00Jul 1735.2037.80$36.507.1%280.91638
$210.00Jul 24.207.30$5.7553.9%20.91--
$195.00Jul 219.2022.40$20.8015.4%110.9012
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Jul 178.409.60$9.0013.3%10.58--
$220.00Jul 3110.7013.10$11.9020.2%20.53--
$217.50Jul 175.808.20$7.0034.3%90.52--

Most actively traded options today. High liquidity = easy entry/exit. 68 active (total vol 1.1K, top 235)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Jul 20.002.15$1.08199.1%2350.26467
$215.00Jul 20.053.20$1.63193.3%1160.60126
$230.00Jul 20.000.05$0.03166.7%1000.01264
$217.50Jul 175.207.30$6.2533.6%500.4876
$222.50Jul 173.206.50$4.8568.0%480.393
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Jul 171.703.60$2.6571.7%540.24--
$195.00Jul 100.050.30$0.18138.9%500.032
$205.00Jul 100.000.95$0.48197.9%260.10--
$175.00Jul 20.002.15$1.08199.1%250.07--
$185.00Jul 20.002.15$1.08199.1%250.09--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 1228.2%, max 2533.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$205.00Jul 2Jul 10710.0%29.0%2348.3%5--
$195.00Jul 2Jul 241139.0%47.0%2323.4%2118
$200.00Jul 2Jul 31928.0%44.0%2009.1%523
$207.50Jul 2Jul 10596.0%30.0%1886.7%23
$190.00Jul 2Jul 17681.0%54.0%1161.1%15301
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$175.00Jul 2Jul 171975.0%75.0%2533.3%26--
$215.00Jul 2Jul 17210.0%37.0%467.6%15261

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 32 found (best R:R 32.33, avg 5.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$220.00$222.50Jul 17$0.15$2.35$0.1515.67$220.15
$227.50$230.00Jul 17$0.17$2.33$0.1713.71$227.67
$227.50$230.00Jul 10$0.18$2.32$0.1812.89$227.68
$230.00$245.00Jul 17$1.13$13.87$1.1312.27$231.13
$225.00$227.50Jul 10$0.20$2.30$0.2011.50$225.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$205.00$195.00Jul 10$0.30$9.70$0.3032.33$204.70
$200.00$195.00Jul 17$0.31$4.69$0.3115.13$199.69
$207.50$205.00Jul 10$0.40$2.10$0.405.25$207.10
$205.00$200.00Jul 17$1.07$3.93$1.073.67$203.93
$210.00$205.00Jul 17$1.35$3.65$1.352.70$208.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 17.18, avg 2.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$190.00Jul 17$9.45$9.45$0.5517.18$189.45
$207.50$210.00Jul 10$2.35$2.35$0.1515.67$209.85
$195.00$200.00Jul 2$4.55$4.55$0.4510.11$199.55
$202.50$205.00Jul 10$2.25$2.25$0.259.00$204.75
$190.00$210.00Jul 17$16.15$16.15$3.854.19$206.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$220.00$217.50Jul 17$2.00$2.00$0.504.00$218.00
$215.00$212.50Jul 17$1.10$1.10$1.400.79$213.90
$217.50$215.00Jul 17$1.00$1.00$1.500.67$216.50
$212.50$210.00Jul 17$0.90$0.90$1.600.56$211.60
$210.00$205.00Jul 17$1.35$1.35$3.650.37$208.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 22 found (avg debit $2.30, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$245.00Jul 17Jul 24$0.3850.0%45.0%
$230.00Jul 2Jul 10$0.42379.0%31.0%
$205.00Jul 2Jul 10$0.85710.0%29.0%
$190.00Jul 2Jul 17$1.10681.0%54.0%
$220.00Jul 2Jul 10$1.47422.0%31.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$175.00Jul 2Jul 17$0.071975.0%75.0%
$195.00Jul 10Jul 17$1.0939.0%45.0%
$205.00Jul 10Jul 17$2.1729.0%40.0%
$220.00Jul 17Jul 31$2.9038.0%43.0%
$210.00Jul 10Jul 17$3.0225.0%38.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 1.29% of stock, avg 6.57%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$215.00Jul 2$1.63$1.15$2.78$212.22$217.781.29%
$210.00Jul 10$7.70$0.98$8.68$201.32$218.684.02%
$207.50Jul 10$10.05$0.88$10.93$196.57$218.435.06%
$205.00Jul 10$11.80$0.48$12.28$192.72$217.285.68%
$217.50Jul 17$6.25$7.00$13.25$204.25$230.756.13%
$215.00Jul 17$7.35$6.00$13.35$201.65$228.356.18%
$220.00Jul 17$5.00$9.00$14.00$206.00$234.006.48%
$212.50Jul 17$9.15$4.90$14.05$198.45$226.556.50%
$210.00Jul 17$10.90$4.00$14.90$195.10$224.906.89%
$180.00Jul 17$36.50$1.18$37.68$142.32$217.6817.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 54 found (cheapest 0.43% of stock, avg 2.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$205.00Jul 10$0.45$0.48$0.93$204.07$230.93
$227.50$205.00Jul 10$0.63$0.48$1.11$203.89$228.61
$225.00$205.00Jul 10$0.83$0.48$1.31$203.69$226.31
$230.00$207.50Jul 10$0.45$0.88$1.33$206.17$231.33
$230.00$210.00Jul 10$0.45$0.98$1.43$208.57$231.43
$227.50$207.50Jul 10$0.63$0.88$1.51$205.99$229.01
$227.50$210.00Jul 10$0.63$0.98$1.61$208.39$229.11
$225.00$207.50Jul 10$0.83$0.88$1.71$205.79$226.71
$225.00$210.00Jul 10$0.83$0.98$1.81$208.19$226.81
$220.00$185.00Jul 2$1.08$1.08$2.16$182.84$222.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 51 found (best R:R 15.67, avg credit $1.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
212/215218/220Jul 17$2.35$0.1515.67$212.65$219.85
218/220228/230Jul 17$2.17$0.336.58$217.83$229.67
210/212218/220Jul 17$2.15$0.356.14$210.35$219.65
205/208210/212Jul 10$2.05$0.454.56$205.45$212.05
210/212215/218Jul 17$2.00$0.504.00$210.50$217.00
212/215225/228Jul 17$1.77$0.732.42$213.23$226.77
215/218225/228Jul 17$1.67$0.832.01$215.83$226.67
205/208212/218Jul 10$3.20$1.801.78$204.30$215.70
205/210212/215Jul 17$3.15$1.851.70$206.85$215.65
210/212225/228Jul 17$1.57$0.931.69$210.93$226.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 24.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$207.50$210.00$212.50Jul 2$0.10$2.4024.00
$227.50$230.00$232.50Jul 10$0.23$2.279.87
$190.00$195.00$200.00Jul 2$0.60$4.407.33
$215.00$217.50$220.00Jul 2$0.45$2.054.56
$202.50$205.00$207.50Jul 10$0.50$2.004.00
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$200.00$205.00$210.00Jul 17$0.28$4.7216.86
$210.00$212.50$215.00Jul 17$0.20$2.3011.50
$195.00$200.00$205.00Jul 17$0.76$4.245.58
$215.00$217.50$220.00Jul 17$1.00$1.501.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 36 found (best net $-1.01, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$245.001:2Jul 17-$0.12$14.88
$200.00$215.001:2Jul 31-$2.00$13.00
$220.00$230.001:2Jul 24-$0.06$9.94
$212.50$217.501:2Jul 10-$0.45$4.55
$240.00$245.001:2Aug 7-$1.72$3.28
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$215.00$185.001:2Jul 2-$1.01$28.99
$195.00$180.001:2Jul 17-$1.09$13.91
$185.00$175.001:2Jul 2-$1.08$8.92
$205.00$200.001:2Jul 17-$0.51$4.49
$200.00$195.001:2Jul 17-$0.96$4.04

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 2.45%, avg 1.10%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$220.00Jul 24$5.300.451.8%2.45%4.25%1--
$217.50Jul 17$5.200.480.6%2.41%3.04%5076
$220.00Jul 17$4.100.421.8%1.90%3.69%131.2K
$222.50Jul 17$3.200.393.0%1.48%4.43%483
$217.50Jul 10$2.500.460.6%1.16%1.80%33442
$225.00Jul 17$2.350.314.1%1.09%5.20%5116
$220.00Jul 10$2.150.371.8%0.99%2.79%2529
$230.00Jul 24$2.050.286.4%0.95%7.37%28
$230.00Jul 17$1.850.246.4%0.86%7.28%1465
$240.00Aug 7$1.750.2311.1%0.81%11.86%18

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 2,145
Total Puts 378
Put/Call Ratio 0.18
Net Difference 1,767

Prior's Put/Call Breakdown

Total Calls 745
Total Puts 174
Put/Call Ratio 0.23
Net Difference 571

Prior 7-Day Put/Call Summary

Total Calls 10,171
Total Puts 4,635
Average Put/Call Ratio 0.58
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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