Tour v308
CAH
CARDINAL HEALTH INC
$233.77 -1.43%
7/9 18:16

Option Volume

Detail
Current (07/09) 799
Calls: 560 (70%)
Puts: 239 (30%)
Prior (07/08) 442
Calls: 271 (61%)
Puts: 171 (39%)
Current vs Prior +80.77%
Calls: +106.64% (Calls)
Puts: +39.77% (Puts)
Prior 7-Day Total 10,197
Calls: 7,667 (75%)
Puts: 2,530 (25%)
Prior 7-Day Average 1,456
Calls: 1,095 (75%)
Puts: 361 (25%)
Current vs Prior 7-Day Avg -45.15%
Calls: -48.87%
Puts: -33.87%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/09) $1.13M
Calls: $919.1K (82%)
Puts: $207.3K (18%)
Prior (07/08) $535.0K
Calls: $471.9K (88%)
Puts: $63.1K (12%)
Current vs Prior +110.54%
Calls: +94.76%
Puts: +228.62%
Prior 7-Day Total $16.25M
Calls: $14.29M (88%)
Puts: $1.96M (12%)
Prior 7-Day Average $2.32M
Calls: $2.04M (88%)
Puts: $280.7K (12%)
Current vs Prior 7-Day Avg -51.48%
Calls: -54.97%
Puts: -26.16%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/09) 0.43
Prior (07/08) 0.63
Current vs Prior -32.36%
Prior 7-Day Average 0.68
Current vs Prior 7-Day Avg -36.89%
Sentiment BULLISH

Open Interest

Detail
Current (07/09) 6,644
Calls: 5,589 (84%)
Puts: 1,055 (16%)
Prior (07/08) 5,490
Calls: 4,395 (80%)
Puts: 1,095 (20%)
Current vs Prior +21.02%
Prior 7-Day Total 44,829
Calls: 36,293 (81%)
Puts: 8,536 (19%)
Prior 7-Day Average 6,404
Calls: 5,184 (81%)
Puts: 1,219 (19%)
Current vs Prior 7-Day Avg +3.75%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 2.29% | 3.55%3.55% | 11.76%
Prior 2.51% | 4.01%4.01% | 11.64%
Current vs Prior -8.78% | -11.37%-11.37% | +1.08%
Prior 7-Day Avg 2.61% | 4.10%4.51% | 11.90%
Current vs 7-Day Avg -12.48% | -13.48%-21.23% | -1.15%
Prior 7-Day Eod 2.51% | 4.01%-- | --
Current vs 7-Day Eod -8.78% | -11.37%-- | --
Sentiment BULLISHBULLISH

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
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($919.1K) vs puts ($207.3K). Massive premium surge with dollar volume up 111% vs prior. Above-average activity with volume up 81% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (560 calls vs 239 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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 3 of results (avg 9.0%, best 7.2%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Jul 1732.1034.50$33.307.2%20.97--
$220.00Jul 2414.5016.00$15.259.8%50.8610
$210.00Aug 2125.8028.50$27.159.9%10.81--
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 0.79, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Jul 1732.1034.50$33.307.2%20.97--
$205.00Jul 1026.8030.40$28.6012.6%20.96--
$215.00Jul 1016.8019.30$18.0513.9%20.963
$217.50Jul 1014.3017.10$15.7017.8%20.96--
$210.00Jul 1722.2025.10$23.6512.3%10.95--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$245.00Jul 1710.4013.60$12.0026.7%120.87--
$240.00Jul 105.108.40$6.7548.9%40.82--
$237.50Jul 103.106.40$4.7569.5%30.768
$240.00Jul 247.809.80$8.8022.7%20.69--
$235.00Jul 101.404.20$2.80100.0%10.66--

Most actively traded options today. High liquidity = easy entry/exit. 63 active (total vol 564, top 146)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$227.50Jul 248.3010.60$9.4524.3%1460.71--
$260.00Aug 212.003.00$2.5040.0%710.18285
$270.00Aug 211.001.80$1.4057.1%540.11286
$240.00Jul 170.951.55$1.2548.0%300.251.4K
$232.50Jul 101.303.80$2.5598.0%150.65--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Jul 171.552.30$1.9239.1%270.3331
$230.00Jul 100.001.00$0.50200.0%190.21116
$232.50Jul 100.001.80$0.90200.0%190.4185
$235.00Jul 173.704.40$4.0517.3%150.5524
$245.00Jul 1710.4013.60$12.0026.7%120.87--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 96.8%, max 382.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 10Aug 7127.1%26.3%382.9%8--
$245.00Jul 10Jul 3195.6%23.7%302.6%2495
$242.50Jul 10Jul 1761.2%25.9%135.8%1173
$240.00Jul 10Aug 761.0%27.1%125.5%10120
$237.50Jul 10Jul 2451.3%25.7%99.6%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$240.00Jul 10Jul 2461.0%24.6%148.1%6--
$237.50Jul 10Jul 2451.3%25.7%99.6%58
$225.00Jul 10Aug 1459.0%35.0%68.7%75
$235.00Jul 10Jul 1737.4%26.2%42.4%1624
$215.00Jul 17Jul 2452.5%38.6%36.2%820

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 40.67, avg 6.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$245.00$250.00Jul 17$0.27$4.73$0.2717.52$245.27
$235.00$237.50Jul 10$0.15$2.35$0.1515.67$235.15
$237.50$240.00Jul 10$0.17$2.33$0.1713.71$237.67
$242.50$245.00Jul 17$0.26$2.24$0.268.62$242.76
$245.00$255.00Jul 31$1.06$8.94$1.068.43$246.06
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$230.00$225.00Jul 10$0.12$4.88$0.1240.67$229.88
$215.00$200.00Jul 17$0.95$14.05$0.9514.79$214.05
$225.00$220.00Jul 17$0.38$4.62$0.3812.16$224.62
$232.50$215.00Jul 24$2.60$14.90$2.605.73$229.90
$232.50$230.00Jul 10$0.40$2.10$0.405.25$232.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 27.57, avg 3.08)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$210.00Jul 17$9.65$9.65$0.3527.57$209.65
$217.50$225.00Jul 10$7.15$7.15$0.3520.43$224.65
$210.00$220.00Jul 17$9.45$9.45$0.5517.18$219.45
$215.00$217.50Jul 10$2.35$2.35$0.1515.67$217.35
$220.00$230.00Jul 17$8.20$8.20$1.804.56$228.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$240.00$237.50Jul 24$2.15$2.15$0.356.14$237.85
$245.00$237.50Jul 17$6.40$6.40$1.105.82$238.60
$240.00$237.50Jul 10$2.00$2.00$0.504.00$238.00
$237.50$235.00Jul 10$1.95$1.95$0.553.55$235.55
$235.00$232.50Jul 10$1.90$1.90$0.603.17$233.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $1.78, cheapest $0.48)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$242.50Jul 10Jul 17$0.4861.2%25.9%
$240.00Jul 10Jul 17$0.5761.0%25.2%
$220.00Jul 17Jul 24$1.0532.1%28.3%
$237.50Jul 10Jul 17$1.2351.3%26.2%
$232.50Jul 10Jul 17$1.7025.9%25.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$225.00Jul 10Jul 17$0.5059.0%27.8%
$237.50Jul 10Jul 17$0.8551.3%26.2%
$235.00Jul 10Jul 17$1.2537.4%26.2%
$230.00Jul 10Jul 17$1.4234.8%25.7%
$232.50Jul 10Jul 17$1.9325.9%25.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 1.48% of stock, avg 4.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$232.50Jul 10$2.55$0.90$3.45$229.05$235.951.48%
$235.00Jul 10$1.00$2.80$3.80$231.20$238.801.63%
$237.50Jul 10$0.85$4.75$5.60$231.90$243.102.40%
$232.50Jul 17$4.25$2.83$7.08$225.42$239.583.03%
$235.00Jul 17$3.05$4.05$7.10$227.90$242.103.04%
$240.00Jul 10$0.68$6.75$7.43$232.57$247.433.18%
$237.50Jul 17$2.08$5.60$7.68$229.82$245.183.29%
$230.00Jul 17$6.00$1.92$7.92$222.08$237.923.39%
$225.00Jul 10$8.55$0.38$8.93$216.07$233.933.82%
$232.50Jul 24$5.45$3.85$9.30$223.20$241.803.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 49 found (cheapest 0.45% of stock, avg 1.37%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$240.00$225.00Jul 10$0.68$0.38$1.06$223.94$241.06
$240.00$230.00Jul 10$0.68$0.50$1.18$228.82$241.18
$237.50$225.00Jul 10$0.85$0.38$1.23$223.77$238.73
$245.00$225.00Jul 10$0.90$0.38$1.28$223.72$246.28
$237.50$230.00Jul 10$0.85$0.50$1.35$228.65$238.85
$235.00$225.00Jul 10$1.00$0.38$1.38$223.62$236.38
$245.00$230.00Jul 10$0.90$0.50$1.40$228.60$246.40
$250.00$225.00Jul 10$1.08$0.38$1.46$223.54$251.46
$245.00$225.00Jul 17$0.57$0.88$1.45$223.55$246.45
$235.00$230.00Jul 10$1.00$0.50$1.50$228.50$236.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 53 found (best R:R 10.36, avg credit $1.66)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
235/238240/242Jul 10$2.28$0.2210.36$235.22$242.28
232/235240/242Jul 10$2.23$0.278.26$232.77$242.23
225/228230/232Jul 17$2.17$0.336.58$225.33$232.17
232/235238/240Jul 10$2.07$0.434.81$232.93$239.57
232/235238/240Jul 17$2.05$0.454.56$232.95$239.55
235/238240/242Jul 17$1.97$0.533.72$235.53$241.97
232/238240/245Jul 24$3.85$1.153.35$233.65$243.85
230/232235/238Jul 17$1.88$0.623.03$230.62$236.88
228/230232/235Jul 17$1.82$0.682.68$228.18$234.32
235/238242/245Jul 17$1.81$0.692.62$235.69$244.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$200.00$210.00$220.00Jul 17$0.20$9.8049.00
$235.00$237.50$240.00Jul 17$0.14$2.3616.86
$240.00$242.50$245.00Jul 17$0.16$2.3414.63
$232.50$235.00$237.50Jul 17$0.23$2.279.87
$260.00$270.00$280.00Aug 21$1.03$8.978.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$232.50$235.00$237.50Jul 10$0.05$2.4549.00
$235.00$237.50$240.00Jul 10$0.05$2.4549.00
$225.00$227.50$230.00Jul 17$0.20$2.3011.50
$227.50$230.00$232.50Jul 17$0.29$2.217.62
$230.00$232.50$235.00Jul 17$0.31$2.197.06

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 42 found (best net $-0.30, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$270.001:2Aug 21-$0.30$9.70
$270.00$280.001:2Aug 21-$1.26$8.74
$217.50$225.001:2Jul 10-$1.40$6.10
$210.00$220.001:2Jul 17-$4.75$5.25
$245.00$250.001:2Jul 17-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$225.00$220.001:2Jul 17-$0.12$4.88
$230.00$225.001:2Jul 10-$0.26$4.74
$237.50$232.501:2Jul 24-$1.05$3.95
$220.00$215.001:2Jul 17-$1.96$3.04
$232.50$230.001:2Jul 10-$0.10$2.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 1.54%, avg 0.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 7$3.600.382.7%1.54%4.20%4--
$237.50Jul 24$2.550.391.6%1.09%2.69%1--
$235.00Jul 17$2.500.460.5%1.07%1.60%1--
$255.00Aug 14$2.500.239.1%1.07%10.15%1--
$260.00Aug 21$2.000.1811.2%0.86%12.08%71285
$240.00Jul 24$1.750.312.7%0.75%3.41%2--
$237.50Jul 17$1.550.351.6%0.66%2.26%112
$245.00Jul 31$1.350.244.8%0.58%5.38%1495
$250.00Aug 7$1.250.196.9%0.53%7.48%4--
$270.00Aug 21$1.000.1115.5%0.43%15.93%54286

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 560
Total Puts 239
Put/Call Ratio 0.43
Net Difference 321

Prior's Put/Call Breakdown

Total Calls 271
Total Puts 171
Put/Call Ratio 0.63
Net Difference 100

Prior 7-Day Put/Call Summary

Total Calls 7,667
Total Puts 2,530
Average Put/Call Ratio 0.68
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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