NEW Tour v251
CAH
CARDINAL HEALTH INC
$237.72 +0.29%
$237.80 (+0.03%)🌙
as of 07/01 06:14 PM
7/1 18:14

Option Volume

Detail
Current (07/01) 1,013
Calls: 516 (51%)
Puts: 497 (49%)
Prior (06/30) 4,589
Calls: 4,154 (91%)
Puts: 435 (9%)
Current vs Prior -77.93%
Calls: -87.58% (Calls)
Puts: +14.25% (Puts)
Prior 7-Day Total 18,085
Calls: 11,052 (61%)
Puts: 7,033 (39%)
Prior 7-Day Average 2,583
Calls: 1,578 (61%)
Puts: 1,004 (39%)
Current vs Prior 7-Day Avg -60.79%
Calls: -67.32%
Puts: -50.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/01) $1.31M
Calls: $536.4K (41%)
Puts: $769.7K (59%)
Prior (06/30) $8.76M
Calls: $8.36M (95%)
Puts: $403.9K (5%)
Current vs Prior -85.09%
Calls: -93.58%
Puts: +90.57%
Prior 7-Day Total $27.65M
Calls: $22.47M (81%)
Puts: $5.18M (19%)
Prior 7-Day Average $3.95M
Calls: $3.21M (81%)
Puts: $740.4K (19%)
Current vs Prior 7-Day Avg -66.94%
Calls: -83.29%
Puts: +3.95%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/01) 0.96
Prior (06/30) 0.10
Current vs Prior +819.78%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg -0.03%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/01) 7,928
Calls: 6,568 (83%)
Puts: 1,360 (17%)
Prior (06/30) 6,705
Calls: 6,021 (90%)
Puts: 684 (10%)
Current vs Prior +18.24%
Prior 7-Day Total 43,357
Calls: 34,377 (79%)
Puts: 8,980 (21%)
Prior 7-Day Average 6,193
Calls: 4,911 (79%)
Puts: 1,282 (21%)
Current vs Prior 7-Day Avg +28.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 3.76% | 4.63%3.76% | 4.63%4.63% | 12.12%
Prior 2.43% | 3.81%-- | ---- | --
Current vs Prior -19.95% | -1.17%-- | ---- | --
Prior 7-Day Avg 2.67% | 3.85%-- | ---- | --
Current vs 7-Day Avg -27.18% | -2.28%-- | ---- | --
Prior 7-Day Eod 2.43% | 3.81%-- | ---- | --
Current vs 7-Day Eod -19.95% | -1.17%-- | ---- | --
Sentiment BULLISH----

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 59.08% | 35.02%
Calls: 64.73% | 38.72%
Puts: 53.43% | 31.32%
Current vs 7-Day Avg +11.27% | -29.90%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 85% vs prior. Below-average activity with volume down 78% vs prior. P/C ratio rising 820% - increased hedging/bearish positioning. Call-heavy open interest (6,568 calls vs 1,360 puts) suggests bullish positioning.

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

No options available for this category

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. 15 found (avg delta 0.71, highest 0.88)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Jul 2419.0021.70$20.3513.3%40.8811
$227.50Jul 1010.8012.90$11.8517.7%10.85--
$220.00Jul 3119.7022.30$21.0012.4%110.853
$230.00Jul 27.709.60$8.6522.0%30.84--
$230.00Jul 108.6010.80$9.7022.7%10.8210
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 22.353.60$2.9841.9%30.74--
$240.00Jul 104.005.50$4.7531.6%30.57--

Most actively traded options today. High liquidity = easy entry/exit. 49 active (total vol 396, top 100)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 100.350.80$0.5778.9%1000.125
$237.50Jul 20.952.35$1.6584.8%240.5140
$242.50Jul 20.000.40$0.20200.0%240.1131
$240.00Jul 20.250.95$0.60116.7%210.2660
$252.50Jul 100.200.75$0.48114.6%140.10--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 243.604.90$4.2530.6%820.401
$235.00Jul 172.703.80$3.2533.8%210.392
$237.50Jul 21.002.30$1.6578.8%90.50--
$240.00Jul 22.353.60$2.9841.9%30.74--
$240.00Jul 104.005.50$4.7531.6%30.57--

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 91.1%, max 398.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$230.00Jul 2Aug 766.4%26.4%151.2%4--
$245.00Jul 2Jul 3166.2%26.4%151.2%2495
$250.00Jul 2Jul 1759.4%25.3%134.5%6--
$235.00Jul 2Jul 1731.7%23.1%37.5%419
$237.50Jul 2Jul 1734.5%25.4%35.6%2540
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$212.50Jul 2Jul 10180.3%36.2%398.3%4--
$230.00Jul 2Jul 1766.4%25.1%164.9%2131
$237.50Jul 2Jul 1734.5%25.4%35.6%121
$240.00Jul 2Jul 1032.3%26.2%23.4%6--
$235.00Jul 10Aug 726.2%25.7%1.8%3--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 14.38, avg 3.67)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$245.00$250.00Jul 2$0.62$4.38$0.627.06$245.62
$247.50$250.00Jul 10$0.31$2.19$0.317.06$247.81
$240.00$242.50Jul 2$0.40$2.10$0.405.25$240.40
$245.00$247.50Jul 10$0.50$2.00$0.504.00$245.50
$245.00$250.00Jul 17$1.25$3.75$1.253.00$246.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$210.00$200.00Aug 7$0.65$9.35$0.6514.38$209.35
$232.50$217.50Jul 10$1.02$13.98$1.0213.71$231.48
$220.00$210.00Aug 7$1.17$8.83$1.177.55$218.83
$225.00$220.00Aug 7$0.63$4.37$0.636.94$224.37
$237.50$230.00Jul 2$0.95$6.55$0.956.89$236.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 34 found (best R:R 15.67, avg 1.95)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$230.00$235.00Jul 2$4.70$4.70$0.3015.67$234.70
$235.00$237.50Jul 2$2.30$2.30$0.2011.50$237.30
$230.00$235.00Jul 17$4.55$4.55$0.4510.11$234.55
$227.50$230.00Jul 10$2.15$2.15$0.356.14$229.65
$230.00$235.00Jul 10$4.05$4.05$0.954.26$234.05
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$237.50$235.00Jul 17$1.60$1.60$0.901.78$235.90
$240.00$237.50Jul 2$1.33$1.33$1.171.14$238.67
$235.00$232.50Jul 10$1.27$1.27$1.231.03$233.73
$240.00$235.00Jul 10$2.33$2.33$2.670.87$237.67
$235.00$225.00Aug 7$3.07$3.07$6.930.44$231.93

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.54, cheapest $0.44)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$250.00Jul 2Jul 10$0.4459.4%25.9%
$245.00Jul 2Jul 10$0.6366.2%25.3%
$220.00Jul 24Jul 31$0.6528.5%27.8%
$230.00Jul 2Jul 10$1.0566.4%25.5%
$235.00Jul 2Jul 10$1.7031.7%26.2%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$235.00Jul 10Jul 17$0.8326.2%23.1%
$230.00Jul 2Jul 17$1.2366.4%25.1%
$240.00Jul 2Jul 10$1.7732.3%26.2%
$237.50Jul 2Jul 17$3.2034.5%25.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 1.39% of stock, avg 3.45%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$237.50Jul 2$1.65$1.65$3.30$234.20$240.801.39%
$240.00Jul 2$0.60$2.98$3.58$236.42$243.581.51%
$240.00Jul 10$3.13$4.75$7.88$232.12$247.883.31%
$235.00Jul 10$5.65$2.42$8.07$226.93$243.073.39%
$230.00Jul 2$8.65$0.70$9.35$220.65$239.353.93%
$235.00Jul 17$6.65$3.25$9.90$225.10$244.904.16%
$237.50Jul 17$5.60$4.85$10.45$227.05$247.954.40%
$230.00Jul 17$11.20$1.93$13.13$216.87$243.135.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 46 found (cheapest 0.38% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$242.50$230.00Jul 2$0.20$0.70$0.90$229.10$243.40
$250.00$215.00Jul 10$0.57$0.63$1.20$213.80$251.20
$242.50$212.50Jul 2$0.20$1.08$1.28$211.22$243.78
$240.00$230.00Jul 2$0.60$0.70$1.30$228.70$241.30
$245.00$230.00Jul 2$0.75$0.70$1.45$228.55$246.45
$247.50$215.00Jul 10$0.88$0.63$1.51$213.49$249.01
$240.00$212.50Jul 2$0.60$1.08$1.68$210.82$241.68
$250.00$232.50Jul 10$0.57$1.15$1.72$230.78$251.72
$245.00$212.50Jul 2$0.75$1.08$1.83$210.67$246.83
$242.50$237.50Jul 2$0.20$1.65$1.85$235.65$244.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 40 found (best R:R 15.67, avg credit $2.94)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
232/235240/242Jul 10$2.35$0.1515.67$232.65$242.35
232/235238/240Jul 10$2.34$0.1614.63$232.66$239.84
212/215230/235Jul 10$4.58$0.4210.90$210.42$234.58
212/215235/238Jul 10$1.98$0.523.81$213.02$236.98
210/220230/240Aug 7$7.77$2.233.48$212.23$237.77
232/235242/245Jul 10$1.94$0.563.46$233.06$244.44
228/230238/240Jul 17$1.83$0.672.73$228.17$239.33
200/210230/240Aug 7$7.25$2.752.64$202.75$237.25
220/225230/240Aug 7$7.23$2.772.61$217.77$237.23
232/235245/248Jul 10$1.77$0.732.42$233.23$246.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 18.23, cheapest $0.17)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$242.50$245.00$247.50Jul 10$0.17$2.3313.71
$245.00$247.50$250.00Jul 10$0.19$2.3112.16
$247.50$250.00$252.50Jul 10$0.22$2.2810.36
$240.00$245.00$250.00Jul 17$0.60$4.407.33
$235.00$237.50$240.00Jul 10$0.38$2.125.58
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$200.00$210.00$220.00Aug 7$0.52$9.4818.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-1.46, 22 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$240.001:2Aug 7-$1.05$8.95
$240.00$245.001:2Jul 17-$0.60$4.40
$230.00$235.001:2Jul 10-$1.60$3.40
$230.00$235.001:2Jul 17-$2.10$2.90
$247.50$250.001:2Jul 10-$0.26$2.24
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$212.501:2Jul 2-$1.46$16.04
$210.00$200.001:2Aug 7-$0.03$9.97
$235.00$225.001:2Aug 7-$0.06$9.94
$220.00$210.001:2Aug 7-$0.16$9.84
$240.00$235.001:2Jul 10-$0.09$4.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 2.73%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 7$6.500.491.0%2.73%3.69%2--
$245.00Jul 31$4.000.373.1%1.68%4.75%1495
$240.00Jul 17$3.800.451.0%1.60%2.56%61.2K
$240.00Jul 10$2.650.441.0%1.11%2.07%578
$245.00Jul 17$2.050.303.1%0.86%3.92%1--
$242.50Jul 10$1.750.342.0%0.74%2.75%823
$255.00Aug 7$1.750.237.3%0.74%8.01%1--
$245.00Jul 10$1.150.253.1%0.48%3.55%1--
$250.00Jul 17$0.900.185.2%0.38%5.54%4--
$247.50Jul 10$0.700.184.1%0.29%4.41%68

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 516
Total Puts 497
Put/Call Ratio 0.96
Net Difference 19

Prior's Put/Call Breakdown

Total Calls 4,154
Total Puts 435
Put/Call Ratio 0.10
Net Difference 3,719

Prior 7-Day Put/Call Summary

Total Calls 11,052
Total Puts 7,033
Average Put/Call Ratio 0.96
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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