Tour v366
CAH
CARDINAL HEALTH INC
$225.75 -1.21%
$224.77 (-0.43%)🌙
as of 07/20 06:17 PM
7/20 18:17

Option Volume

Detail
Current (07/20) 1,014
Calls: 499 (49%)
Puts: 515 (51%)
Prior (07/17) 1,892
Calls: 1,243 (66%)
Puts: 649 (34%)
Current vs Prior -46.41%
Calls: -59.86% (Calls)
Puts: -20.65% (Puts)
Prior 7-Day Total 10,956
Calls: 6,969 (64%)
Puts: 3,987 (36%)
Prior 7-Day Average 1,565
Calls: 995 (64%)
Puts: 569 (36%)
Current vs Prior 7-Day Avg -35.21%
Calls: -49.88%
Puts: -9.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/20) $864.1K
Calls: $670.6K (78%)
Puts: $193.5K (22%)
Prior (07/17) $1.12M
Calls: $845.6K (75%)
Puts: $277.4K (25%)
Current vs Prior -23.06%
Calls: -20.69%
Puts: -30.26%
Prior 7-Day Total $7.58M
Calls: $5.66M (75%)
Puts: $1.92M (25%)
Prior 7-Day Average $1.08M
Calls: $809.0K (75%)
Puts: $274.2K (25%)
Current vs Prior 7-Day Avg -20.22%
Calls: -17.10%
Puts: -29.43%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 1.03
Prior (07/17) 0.52
Current vs Prior +97.67%
Prior 7-Day Average 0.99
Current vs Prior 7-Day Avg +4.73%
Sentiment BEARISH

Open Interest

Detail
Current (07/20) 7,531
Calls: 2,499 (33%)
Puts: 5,032 (67%)
Prior (07/17) 7,597
Calls: 5,374 (71%)
Puts: 2,223 (29%)
Current vs Prior -0.87%
Prior 7-Day Total 48,436
Calls: 34,129 (70%)
Puts: 14,307 (30%)
Prior 7-Day Average 6,919
Calls: 4,875 (70%)
Puts: 2,043 (30%)
Current vs Prior 7-Day Avg +8.84%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.15% | 4.43%9.44% | 12.80%
Prior 3.46% | 4.68%1.58% | 11.49%
Current vs Prior -9.02% | -5.40%+498.91% | +11.45%
Prior 7-Day Avg 2.87% | 4.14%2.78% | 11.46%
Current vs 7-Day Avg +9.59% | +7.04%+239.24% | +11.67%
Prior 7-Day Eod 3.46% | 4.68%1.58% | 11.49%
Current vs 7-Day Eod -9.02% | -5.40%+498.91% | +11.45%
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
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($670.6K) vs puts ($193.5K). Below-average activity with volume down 46% vs prior. Slightly bearish P/C ratio of 1.03. P/C ratio rising 98% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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. 8 found (avg delta 0.61, highest 0.89)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$225.00Aug 2110.3012.00$11.1515.2%580.55--
$225.00Jul 243.003.70$3.3520.9%10.543
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 247.4010.60$9.0035.6%10.89179
$230.00Jul 245.106.10$5.6017.9%10.7129
$230.00Aug 77.208.40$7.8015.4%100.60--
$227.50Jul 314.605.50$5.0517.8%10.55--
$230.00Aug 1410.3012.20$11.2516.9%10.55--

Most actively traded options today. High liquidity = easy entry/exit. 49 active (total vol 709, top 142)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 240.000.35$0.18194.4%1240.0527
$245.00Aug 212.804.50$3.6546.6%1030.26--
$225.00Aug 2110.3012.00$11.1515.2%580.55--
$235.00Jul 240.200.60$0.40100.0%70.1111
$240.00Jul 310.451.55$1.00110.0%70.1514
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$215.00Jul 240.250.50$0.3865.8%1420.0911
$222.50Jul 241.301.80$1.5532.3%860.3315
$225.00Jul 242.153.20$2.6839.2%440.4632
$217.50Jul 240.500.85$0.6851.5%180.1511
$217.50Jul 311.251.90$1.5841.1%150.23--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 20.4%, max 67.4%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$242.50Jul 24Aug 2144.7%38.1%17.3%2--
$227.50Jul 24Jul 3133.0%28.3%16.5%9145
$232.50Jul 24Jul 3132.4%28.2%15.0%419
$245.00Jul 24Aug 2142.7%37.6%13.5%104--
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Jul 24Aug 2177.9%46.5%67.4%2--
$217.50Jul 24Jul 3135.3%30.0%17.4%3311
$222.50Jul 24Jul 3130.6%28.1%8.7%8715
$220.00Jul 24Jul 3131.2%29.0%7.6%1311

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 124.00, avg 8.04)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$235.00$240.00Jul 24$0.22$4.78$0.2221.73$235.22
$242.50$245.00Jul 24$0.15$2.35$0.1515.67$242.65
$240.00$245.00Aug 7$0.33$4.67$0.3314.15$240.33
$255.00$260.00Aug 21$0.47$4.53$0.479.64$255.47
$232.50$240.00Jul 31$0.90$6.60$0.907.33$233.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$212.50$190.00Jul 24$0.18$22.32$0.18124.00$212.32
$220.00$217.50Jul 24$0.22$2.28$0.2210.36$219.78
$200.00$190.00Aug 21$0.95$9.05$0.959.53$199.05
$217.50$215.00Jul 24$0.30$2.20$0.307.33$217.20
$220.00$217.50Jul 31$0.55$1.95$0.553.55$219.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 37 found (best R:R 2.13, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$225.00$230.00Aug 21$2.90$2.90$2.101.38$227.90
$225.00$227.50Jul 24$1.12$1.12$1.380.81$226.12
$227.50$230.00Jul 31$0.97$0.97$1.530.63$228.47
$227.50$230.00Jul 24$0.93$0.93$1.570.59$228.43
$235.00$240.00Aug 21$1.80$1.80$3.200.56$236.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$235.00$230.00Jul 24$3.40$3.40$1.602.13$231.60
$230.00$225.00Jul 24$2.92$2.92$2.081.40$227.08
$230.00$225.00Aug 21$2.75$2.75$2.251.22$227.25
$230.00$225.00Aug 7$2.50$2.50$2.501.00$227.50
$225.00$222.50Jul 24$1.13$1.13$1.370.82$223.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $2.29, cheapest $0.82)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$240.00Jul 24Jul 31$0.8236.0%33.3%
$245.00Jul 24Aug 7$0.9742.7%32.6%
$232.50Jul 24Jul 31$1.1232.4%28.2%
$230.00Jul 24Jul 31$1.3831.9%28.3%
$227.50Jul 24Jul 31$1.4233.0%28.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$217.50Jul 24Jul 31$0.9035.3%30.0%
$220.00Jul 24Jul 31$1.2331.2%29.0%
$190.00Jul 24Aug 21$1.2877.9%46.5%
$222.50Jul 24Jul 31$1.3330.6%28.1%
$215.00Jul 24Aug 7$1.7535.8%31.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 2.67% of stock, avg 5.27%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$225.00Jul 24$3.35$2.68$6.03$218.97$231.032.67%
$230.00Jul 24$1.30$5.60$6.90$223.10$236.903.06%
$227.50Jul 31$3.65$5.05$8.70$218.80$236.203.85%
$235.00Jul 24$0.40$9.00$9.40$225.60$244.404.16%
$230.00Aug 7$4.10$7.80$11.90$218.10$241.905.27%
$230.00Aug 21$8.25$11.85$20.10$209.90$250.108.90%
$225.00Aug 21$11.15$9.10$20.25$204.75$245.258.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 60 found (cheapest 0.29% of stock, avg 2.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$242.50$215.00Jul 24$0.28$0.38$0.66$214.34$243.16
$235.00$215.00Jul 24$0.40$0.38$0.78$214.22$235.78
$242.50$217.50Jul 24$0.28$0.68$0.96$216.54$243.46
$235.00$217.50Jul 24$0.40$0.68$1.08$216.42$236.08
$232.50$215.00Jul 24$0.78$0.38$1.16$213.84$233.66
$242.50$220.00Jul 24$0.28$0.90$1.18$218.82$243.68
$235.00$220.00Jul 24$0.40$0.90$1.30$218.70$236.30
$232.50$217.50Jul 24$0.78$0.68$1.46$216.04$233.96
$230.00$215.00Jul 24$1.30$0.38$1.68$213.32$231.68
$232.50$220.00Jul 24$0.78$0.90$1.68$218.32$234.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 69 found (best R:R 10.11, avg credit $2.63)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
225/230235/240Aug 21$4.55$0.4510.11$225.45$239.55
222/225228/230Jul 24$2.06$0.444.68$222.94$229.56
230/235242/245Jul 24$3.55$1.452.45$231.45$246.05
225/230248/250Aug 21$3.55$1.452.45$226.45$251.05
220/222225/228Jul 24$1.77$0.732.42$220.73$226.77
225/230242/245Aug 21$3.45$1.552.23$226.55$245.95
220/222228/230Jul 31$1.72$0.782.21$220.78$229.22
225/230250/255Aug 21$3.43$1.572.18$226.57$253.43
222/225230/232Jul 24$1.65$0.851.94$223.35$231.65
225/230232/235Jul 24$3.30$1.701.94$226.70$235.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 22.81, cheapest $0.14)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.21$4.7922.81
$230.00$232.50$235.00Jul 24$0.14$2.3616.86
$225.00$227.50$230.00Jul 24$0.19$2.3112.16
$227.50$230.00$232.50Jul 31$0.19$2.3112.16
$242.50$245.00$247.50Aug 21$0.38$2.125.58
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$212.50$215.00$217.50Jul 24$0.20$2.3011.50
$217.50$220.00$222.50Jul 31$0.20$2.3011.50
$225.00$230.00$235.00Jul 24$0.48$4.529.42
$217.50$220.00$222.50Jul 24$0.43$2.074.81
$220.00$222.50$225.00Jul 24$0.48$2.024.21

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 $-0.43, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$232.50$240.001:2Jul 31-$0.10$7.40
$240.00$245.001:2Aug 7-$0.77$4.23
$255.00$260.001:2Aug 21-$0.91$4.09
$250.00$255.001:2Aug 21-$1.17$3.83
$232.50$235.001:2Jul 24-$0.02$2.48
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$200.00$190.001:2Aug 21-$0.43$9.57
$227.50$222.501:2Jul 31-$0.71$4.29
$235.00$230.001:2Jul 24-$2.20$2.80
$217.50$215.001:2Jul 24-$0.08$2.42
$215.00$212.501:2Jul 24-$0.18$2.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 3.37%, avg 1.12%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Aug 21$7.600.471.9%3.37%5.25%2--
$235.00Aug 21$5.500.394.1%2.44%6.53%2--
$235.00Aug 14$4.900.384.1%2.17%6.27%1--
$240.00Aug 21$3.800.316.3%1.68%8.00%3678
$230.00Aug 7$3.500.401.9%1.55%3.43%1--
$240.00Aug 14$3.500.306.3%1.55%7.86%33
$242.50Aug 21$3.300.297.4%1.46%8.88%1--
$227.50Jul 31$3.200.450.8%1.42%2.19%6--
$245.00Aug 21$2.800.268.5%1.24%9.77%103--
$247.50Aug 21$2.350.239.6%1.04%10.68%2--

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 499
Total Puts 515
Put/Call Ratio 1.03
Net Difference -16

Prior's Put/Call Breakdown

Total Calls 1,243
Total Puts 649
Put/Call Ratio 0.52
Net Difference 594

Prior 7-Day Put/Call Summary

Total Calls 6,969
Total Puts 3,987
Average Put/Call Ratio 0.99
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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