Tour v492
CAH
CARDINAL HEALTH INC
$237.66 -0.66%
$226.74 (-4.59%)🌙
as of 08/06 06:26 PM
8/6 18:26

Option Volume

Detail
Current (08/06) 1,383
Calls: 995 (72%)
Puts: 388 (28%)
Prior (08/05) 2,791
Calls: 672 (24%)
Puts: 2,119 (76%)
Current vs Prior -50.45%
Calls: +48.07% (Calls)
Puts: -81.69% (Puts)
Prior 7-Day Total 10,499
Calls: 3,815 (36%)
Puts: 6,684 (64%)
Prior 7-Day Average 1,499
Calls: 545 (36%)
Puts: 954 (64%)
Current vs Prior 7-Day Avg -7.79%
Calls: +82.57%
Puts: -59.37%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $1.13M
Calls: $1.02M (90%)
Puts: $110.2K (10%)
Prior (08/05) $2.07M
Calls: $1.61M (78%)
Puts: $455.1K (22%)
Current vs Prior -45.44%
Calls: -36.88%
Puts: -75.78%
Prior 7-Day Total $9.72M
Calls: $7.03M (72%)
Puts: $2.69M (28%)
Prior 7-Day Average $1.39M
Calls: $1.00M (72%)
Puts: $384.8K (28%)
Current vs Prior 7-Day Avg -18.69%
Calls: +1.51%
Puts: -71.36%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.39
Prior (08/05) 3.15
Current vs Prior -87.63%
Prior 7-Day Average 1.88
Current vs Prior 7-Day Avg -79.27%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 10,080
Calls: 7,030 (70%)
Puts: 3,050 (30%)
Prior (08/05) 11,115
Calls: 7,238 (65%)
Puts: 3,877 (35%)
Current vs Prior -9.31%
Prior 7-Day Total 45,233
Calls: 32,690 (72%)
Puts: 12,543 (28%)
Prior 7-Day Average 6,461
Calls: 4,670 (72%)
Puts: 1,791 (28%)
Current vs Prior 7-Day Avg +55.99%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.05% | 7.36%7.83% | 11.30%
Prior 2.71% | 7.11%7.67% | 11.35%
Current vs Prior -24.19% | +3.62%+2.03% | -0.45%
Prior 7-Day Avg 3.18% | 6.20%8.04% | 11.97%
Current vs 7-Day Avg -35.33% | +18.74%-2.62% | -5.58%
Prior 7-Day Eod 2.71% | 7.11%7.67% | 11.35%
Current vs 7-Day Eod -24.19% | +3.62%+2.03% | -0.45%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 65.74% | 24.55%
Calls: 59.26% | 25.29%
Puts: 72.22% | 23.81%
Prior 65.74% | 24.55%
Calls: 59.26% | 25.29%
Puts: 72.22% | 23.81%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 65.74% | 24.55%
Calls: 59.26% | 25.29%
Puts: 72.22% | 23.81%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($1.02M) vs puts ($110.2K). Below-average activity with volume down 50% vs prior. Extreme bullish P/C ratio of 0.39 - heavy call buying (995 calls vs 388 puts). P/C ratio dropping 88% - sentiment shifting bullish.

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 BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 1 of results (avg 8.4%, best 8.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1829.5032.10$30.808.4%110.85444
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. 20 found (avg delta 0.72, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$225.00Aug 710.9013.70$12.3022.8%40.966
$230.00Aug 76.008.60$7.3035.6%10.88--
$210.00Sep 1829.5032.10$30.808.4%110.85444
$217.50Aug 1420.3023.10$21.7012.9%10.831
$220.00Aug 1418.3020.90$19.6013.3%30.83--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 1418.2021.10$19.6514.8%10.79--
$250.00Aug 2114.9017.40$16.1515.5%10.70--
$240.00Aug 218.5011.40$9.9529.1%30.5493
$237.50Aug 70.802.75$1.78109.6%100.53--

Most actively traded options today. High liquidity = easy entry/exit. 70 active (total vol 1.2K, top 243)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Sep 188.5010.70$9.6022.9%2430.48698
$237.50Aug 70.452.50$1.48138.5%2370.4833
$240.00Aug 145.107.90$6.5043.1%740.4677
$260.00Sep 183.104.10$3.6027.8%420.23141
$250.00Aug 70.002.30$1.15200.0%400.1749
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 140.051.70$0.88187.5%1090.0785
$220.00Sep 182.754.80$3.7854.2%380.23258
$235.00Aug 216.408.70$7.5530.5%310.4541
$225.00Aug 70.000.60$0.30200.0%200.07100
$230.00Aug 70.001.10$0.55200.0%200.15264

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 70.7%, max 227.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Aug 7Sep 18107.6%32.9%227.5%56878
$220.00Aug 14Sep 1858.1%32.1%80.7%6202
$230.00Aug 7Sep 1859.5%33.2%79.5%15336
$225.00Aug 7Aug 2173.9%47.5%55.6%76
$260.00Aug 14Sep 1853.6%34.5%55.4%43149
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Aug 7Aug 14126.5%57.1%121.3%259
$200.00Aug 14Sep 1880.5%39.8%102.6%110281
$220.00Aug 14Sep 1858.1%32.1%80.7%39258
$230.00Aug 7Sep 1859.5%33.2%79.5%29703
$225.00Aug 7Aug 1473.9%56.9%29.9%21117

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 41 found (best R:R 99.00, avg 5.55)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$257.50$260.00Aug 21$0.28$2.22$0.287.93$257.78
$250.00$255.00Aug 14$0.62$4.38$0.627.06$250.62
$260.00$270.00Sep 18$1.90$8.10$1.904.26$261.90
$250.00$260.00Sep 18$2.00$8.00$2.004.00$252.00
$250.00$252.50Aug 21$0.52$1.98$0.523.81$250.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$225.00$210.00Aug 7$0.15$14.85$0.1599.00$224.85
$230.00$225.00Aug 7$0.25$4.75$0.2519.00$229.75
$200.00$195.00Sep 18$0.48$4.52$0.489.42$199.52
$220.00$200.00Sep 18$2.25$17.75$2.257.89$217.75
$212.50$210.00Aug 14$0.45$2.05$0.454.56$212.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 15.67, avg 1.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$227.50$230.00Aug 7$2.35$2.35$0.1515.67$229.85
$210.00$220.00Sep 18$8.55$8.55$1.455.90$218.55
$230.00$232.50Aug 7$2.10$2.10$0.405.25$232.10
$217.50$220.00Aug 14$2.10$2.10$0.405.25$219.60
$235.00$237.50Aug 7$2.05$2.05$0.454.56$237.05
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$235.00Aug 14$12.70$12.70$7.301.74$242.30
$250.00$240.00Aug 21$6.20$6.20$3.801.63$243.80
$227.50$225.00Aug 14$1.42$1.42$1.081.31$226.08
$240.00$235.00Aug 21$2.40$2.40$2.600.92$237.60
$235.00$230.00Aug 28$2.35$2.35$2.650.89$232.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $3.11, cheapest $0.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$255.00Aug 14Aug 21$1.0557.2%49.4%
$260.00Aug 14Aug 21$1.2453.6%50.1%
$250.00Aug 7Aug 14$1.70107.6%53.3%
$220.00Aug 14Sep 18$2.6558.1%32.1%
$225.00Aug 7Aug 14$3.3073.9%56.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$215.00Aug 21Aug 28$0.1748.4%41.3%
$210.00Aug 7Aug 14$0.48126.5%57.1%
$200.00Aug 14Sep 18$0.6580.5%39.8%
$220.00Aug 14Aug 21$0.8558.1%48.4%
$225.00Aug 7Aug 14$2.8373.9%56.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 1.37% of stock, avg 6.69%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$237.50Aug 7$1.48$1.78$3.26$234.24$240.761.37%
$235.00Aug 7$3.53$0.88$4.41$230.59$239.411.86%
$232.50Aug 7$5.20$1.45$6.65$225.85$239.152.80%
$230.00Aug 7$7.30$0.55$7.85$222.15$237.853.30%
$225.00Aug 7$12.30$0.30$12.60$212.40$237.605.30%
$235.00Aug 14$9.15$6.95$16.10$218.90$251.106.77%
$240.00Aug 21$6.90$9.95$16.85$223.15$256.857.09%
$225.00Aug 14$15.60$3.13$18.73$206.27$243.737.88%
$250.00Aug 21$3.80$16.15$19.95$230.05$269.958.39%
$220.00Aug 14$19.60$2.05$21.65$198.35$241.659.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 89 found (cheapest 0.22% of stock, avg 2.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$245.00$225.00Aug 7$0.23$0.30$0.53$224.47$245.53
$245.00$230.00Aug 7$0.23$0.55$0.78$229.22$245.78
$240.00$225.00Aug 7$0.75$0.30$1.05$223.95$241.05
$245.00$235.00Aug 7$0.23$0.88$1.11$233.89$246.11
$240.00$230.00Aug 7$0.75$0.55$1.30$228.70$241.30
$242.50$225.00Aug 7$1.02$0.30$1.32$223.68$243.82
$250.00$225.00Aug 7$1.15$0.30$1.45$223.55$251.45
$242.50$230.00Aug 7$1.02$0.55$1.57$228.43$244.07
$240.00$235.00Aug 7$0.75$0.88$1.63$233.37$241.63
$245.00$232.50Aug 7$0.23$1.45$1.68$230.82$246.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 93 found (best R:R 26.78, avg credit $3.22)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
212/218225/230Aug 14$4.82$0.1826.78$212.68$229.82
225/228235/238Aug 14$2.37$0.1318.23$225.13$237.37
220/222238/240Aug 21$2.33$0.1713.71$220.17$239.83
195/200210/220Sep 18$9.03$0.979.31$190.97$219.03
210/212220/225Aug 14$4.45$0.558.09$208.05$224.45
210/212238/240Aug 14$2.15$0.356.14$210.35$239.65
225/228230/235Aug 14$4.27$0.735.85$223.23$234.27
212/218230/235Aug 14$4.07$0.934.38$213.43$234.07
210/212225/230Aug 14$4.05$0.954.26$208.45$229.05
230/235238/240Aug 21$3.95$1.053.76$231.05$241.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 19 found (best R:R 99.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Sep 18$0.10$9.9099.00
$240.00$245.00$250.00Aug 21$0.20$4.8024.00
$240.00$245.00$250.00Aug 14$0.35$4.6513.29
$220.00$225.00$230.00Aug 14$0.40$4.6011.50
$227.50$230.00$232.50Aug 7$0.25$2.259.00
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$230.00$235.00$240.00Aug 21$0.20$4.8024.00
$232.50$235.00$237.50Aug 7$1.47$1.030.70

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $--, 33 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$225.00$237.501:2Aug 21-$0.75$11.75
$240.00$250.001:2Sep 18-$1.60$8.40
$250.00$260.001:2Sep 18-$1.60$8.40
$230.00$240.001:2Sep 18-$4.05$5.95
$255.00$260.001:2Aug 14-$0.13$4.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$225.00$210.001:2Aug 7$0.00$15.00
$230.00$220.001:2Sep 18-$0.06$9.94
$210.00$200.001:2Aug 14-$1.13$8.87
$250.00$240.001:2Aug 21-$3.75$6.25
$230.00$222.501:2Aug 21-$1.61$5.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 3.58%, avg 1.26%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Sep 18$8.500.481.0%3.58%4.56%243698
$240.00Sep 4$7.300.471.0%3.07%4.06%3--
$240.00Aug 21$6.000.461.0%2.52%3.51%7672
$245.00Sep 11$5.800.413.1%2.44%5.53%5--
$240.00Aug 14$5.100.461.0%2.15%3.13%7477
$250.00Sep 18$4.400.345.2%1.85%7.04%16829
$245.00Aug 21$3.800.373.1%1.60%4.69%1332
$245.00Aug 14$3.100.363.1%1.30%4.39%3247
$260.00Sep 18$3.100.239.4%1.30%10.70%42141
$255.00Aug 21$2.450.247.3%1.03%8.33%155

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 995
Total Puts 388
Put/Call Ratio 0.39
Net Difference 607

Prior's Put/Call Breakdown

Total Calls 672
Total Puts 2,119
Put/Call Ratio 3.15
Net Difference -1,447

Prior 7-Day Put/Call Summary

Total Calls 3,815
Total Puts 6,684
Average Put/Call Ratio 1.88
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All