Tour v526
CBRS
CEREBRAS SYS INC Class A
$210.05 +10.30%
$209.60 (-0.21%)🌙
as of 09/04 06:16 PM
9/4 18:16

Option Volume

Detail
Current (09/04) 101,544
Calls: 70,908 (70%)
Puts: 30,636 (30%)
Prior (09/03) 40,863
Calls: 27,023 (66%)
Puts: 13,840 (34%)
Current vs Prior +148.50%
Calls: +162.40% (Calls)
Puts: +121.36% (Puts)
Prior 7-Day Total 277,961
Calls: 176,044 (63%)
Puts: 101,917 (37%)
Prior 7-Day Average 39,708
Calls: 25,149 (63%)
Puts: 14,559 (37%)
Current vs Prior 7-Day Avg +155.72%
Calls: +181.95%
Puts: +110.42%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/04) $95.24M
Calls: $75.66M (79%)
Puts: $19.58M (21%)
Prior (09/03) $29.21M
Calls: $19.56M (67%)
Puts: $9.65M (33%)
Current vs Prior +226.07%
Calls: +286.73%
Puts: +103.03%
Prior 7-Day Total $218.95M
Calls: $123.05M (56%)
Puts: $95.90M (44%)
Prior 7-Day Average $31.28M
Calls: $17.58M (56%)
Puts: $13.70M (44%)
Current vs Prior 7-Day Avg +204.50%
Calls: +330.40%
Puts: +42.95%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/04) 0.43
Prior (09/03) 0.51
Current vs Prior -15.64%
Prior 7-Day Average 0.59
Current vs Prior 7-Day Avg -26.80%
Sentiment BULLISH

Open Interest

Detail
Current (09/04) 237,031
Calls: 126,522 (53%)
Puts: 110,509 (47%)
Prior (09/03) 199,723
Calls: 102,829 (51%)
Puts: 96,894 (49%)
Current vs Prior +18.68%
Prior 7-Day Total 1,412,448
Calls: 714,976 (51%)
Puts: 697,472 (49%)
Prior 7-Day Average 201,778
Calls: 102,139 (51%)
Puts: 99,638 (49%)
Current vs Prior 7-Day Avg +17.47%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 1.63% | 9.19%12.28% | 23.33%
Prior 4.75% | 8.35%11.45% | 20.66%
Current vs Prior +93.35% | +47.12%+7.30% | +12.90%
Prior 7-Day Avg 6.21% | 10.18%14.13% | 23.07%
Current vs 7-Day Avg +47.98% | +20.63%-13.05% | +1.13%
Prior 7-Day Eod 4.75% | 8.35%11.45% | 20.66%
Current vs 7-Day Eod +93.35% | +47.12%+7.30% | +12.90%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 26.04% | 20.97%
Calls: 13.50% | 23.62%
Puts: 38.57% | 18.32%
Prior 13.21% | 36.01%
Calls: 13.53% | 36.46%
Puts: 12.90% | 35.56%
Current vs Prior +97.12% | -41.77%
Prior 7-Day Avg 14.41% | 26.18%
Calls: 16.14% | 26.45%
Puts: 12.70% | 25.90%
Current vs 7-Day Avg +80.65% | -19.90%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($75.66M) vs puts ($19.58M). Massive premium surge with dollar volume up 226% vs prior. Dollar volume significantly above 7-day average (205% higher). Unusually high activity with volume up 148% 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 NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 16 of results (avg 8.0%, best 5.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Oct 169.209.80$9.506.3%2.4K0.30573
$200.00Sep 1816.6017.80$17.207.0%8130.68923
$170.00Oct 1643.9047.20$45.557.2%60.84348
$187.50Sep 1122.8024.60$23.707.6%360.91112
$220.00Oct 1617.3018.70$18.007.8%9170.48454
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1615.0015.90$15.455.8%8420.38766
$190.00Oct 1610.4011.20$10.807.4%1580.30743
$222.50Oct 223.2025.00$24.107.5%70.56--
$250.00Oct 1645.7050.00$47.859.0%60.70700

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.88, cheapest $0.88)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.50Sep 110.800.95$0.8817.0%1510.1027

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 142 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 437.5044.40$40.9516.8%251.00606
$175.00Sep 432.8039.40$36.1018.3%2081.00741
$180.00Sep 426.5033.90$30.2024.5%2750.993.1K
$187.50Sep 421.6024.20$22.9011.4%2260.99440
$190.00Sep 419.3021.40$20.3510.3%1.5K0.991.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$212.50Sep 40.504.00$2.25155.6%4561.00--
$215.00Sep 44.109.30$6.7077.6%4211.004
$217.50Sep 46.6011.60$9.1054.9%711.00--
$220.00Sep 46.2014.20$10.2078.4%381.001
$240.00Sep 427.8032.20$30.0014.7%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 332 active (total vol 73.7K, top 2.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 40.000.05$0.03166.7%2.8K0.02601
$200.00Sep 49.0013.10$11.0537.1%2.6K0.993.0K
$220.00Sep 114.304.70$4.508.9%2.6K0.341.2K
$200.00Sep 1113.1014.20$13.658.1%2.5K0.721.5K
$215.00Sep 40.000.05$0.03166.7%2.5K0.03202
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 40.351.45$0.90122.2%1.6K0.4681
$210.00Oct 1619.9022.40$21.1511.8%1.1K0.45181
$205.00Sep 40.000.05$0.03166.7%9200.02123
$200.00Oct 1615.0015.90$15.455.8%8420.38766
$200.00Sep 40.000.05$0.03166.7%7540.01542

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 119.6%, max 119.6%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Sep 4Oct 16162.0%73.8%119.6%2.8K978
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Sep 4Oct 16162.0%73.8%119.6%2.7K262

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 200 found (best R:R 11.50, avg 3.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$192.50Sep 25$0.20$2.30$0.2075%11.50$190.20
$195.00$200.00Oct 16$1.60$3.40$1.6066%2.13$196.60
$210.00$220.00Oct 16$3.45$6.55$3.4554%1.90$213.45
$220.00$225.00Oct 9$0.85$4.15$0.8547%4.88$220.85
$230.00$240.00Oct 16$2.45$7.55$2.4541%3.08$232.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$220.00$217.50Sep 4$1.10$1.40$1.10100%1.27$218.90
$250.00$240.00Oct 16$5.45$4.55$5.4570%0.83$244.55
$230.00$227.50Sep 11$1.00$1.50$1.0079%1.50$229.00
$205.00$202.50Sep 18$0.25$2.25$0.2540%9.00$204.75
$230.00$225.00Sep 18$2.75$2.25$2.7570%0.82$227.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 1.33, avg 0.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$222.50$225.00Oct 2$1.85$1.85$0.6556%2.85$224.35
$235.00$240.00Oct 9$2.50$2.50$2.5062%1.00$237.50
$227.50$230.00Sep 25$1.40$1.40$1.1063%1.27$228.90
$227.50$230.00Oct 2$1.45$1.45$1.0560%1.38$228.95
$237.50$240.00Oct 2$1.15$1.15$1.3567%0.85$238.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$210.00$200.00Oct 16$5.70$5.70$4.3055%1.33$204.30
$202.50$200.00Oct 9$2.35$2.35$0.1561%15.67$200.15
$187.50$185.00Oct 2$1.95$1.95$0.5574%3.55$185.55
$190.00$187.50Oct 9$1.85$1.85$0.6571%2.85$188.15
$180.00$175.00Oct 16$2.15$2.15$2.8577%0.75$177.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $6.88, cheapest $6.80)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$210.00Sep 4Sep 11$6.97162.0%68.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$210.00Sep 4Sep 11$6.80162.0%68.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 84 found (cheapest 0.99% of stock, avg 12.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$210.00Sep 4$1.18$0.90$2.08$207.92$212.080.99%
$212.50Sep 4$0.10$2.25$2.35$210.15$214.851.12%
$207.50Sep 4$2.53$0.05$2.58$204.92$210.081.23%
$205.00Sep 4$5.10$0.03$5.13$199.87$210.132.44%
$215.00Sep 4$0.03$6.70$6.73$208.27$221.733.20%
$202.50Sep 4$7.15$0.03$7.18$195.32$209.683.42%
$217.50Sep 4$0.05$9.10$9.15$208.35$226.654.36%
$220.00Sep 4$0.03$10.20$10.23$209.77$230.234.87%
$200.00Sep 4$11.05$0.03$11.08$188.92$211.085.27%
$197.50Sep 4$12.35$0.03$12.38$185.12$209.885.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.07% of stock, avg 10.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$212.50$207.50Sep 4$0.10$0.05$0.15$207.35$212.65
$245.00$207.50Sep 4$0.40$0.05$0.45$207.05$245.45
$212.50$177.50Sep 4$0.10$0.50$0.60$176.90$213.10
$245.00$177.50Sep 4$0.40$0.50$0.90$176.60$245.90
$212.50$210.00Sep 4$0.10$0.90$1.00$209.00$213.50
$245.00$210.00Sep 4$0.40$0.90$1.30$208.70$246.30
$222.50$200.00Sep 11$3.70$3.65$7.35$192.65$229.85
$222.50$202.50Sep 11$3.70$4.15$7.85$194.65$230.35
$220.00$200.00Sep 11$4.50$3.65$8.15$191.85$228.15
$220.00$202.50Sep 11$4.50$4.15$8.65$193.85$228.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 182 found (best R:R 7.33, avg credit $1.15)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/178238/240Oct 2$2.20$0.3050%7.33$175.30$239.70
170/172238/240Oct 2$2.05$0.4553%4.56$170.45$239.55
185/188242/245Oct 2$2.10$0.4045%5.25$185.40$244.60
190/192238/240Sep 25$2.00$0.5043%4.00$190.50$239.50
195/198235/238Sep 25$2.10$0.4036%5.25$195.40$237.10
175/178240/242Oct 2$1.70$0.8052%2.13$175.80$241.70
190/192232/235Sep 25$2.00$0.5040%4.00$190.50$234.50
192/195238/240Oct 2$2.10$0.4035%5.25$192.90$239.60
175/178238/240Sep 4$0.72$1.7890%0.40$176.78$238.22
180/182238/240Oct 2$1.80$0.7047%2.57$180.70$239.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 136 found (best R:R 4.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$207.50$210.00$212.50Sep 4$0.27$2.2382%8.26
$207.50$210.00$212.50Sep 11$0.05$2.4510%49.00
$210.00$212.50$215.00Sep 18$0.05$2.457%49.00
$217.50$220.00$222.50Sep 11$0.10$2.409%24.00
$212.50$215.00$217.50Sep 4$0.09$2.418%26.78
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$207.50$210.00$212.50Sep 4$0.50$2.0094%4.00
$210.00$217.50$225.00Oct 9$0.05$7.4511%149.00
$200.00$210.00$220.00Oct 16$0.70$9.3014%13.29
$210.00$220.00$230.00Oct 16$0.65$9.3513%14.38
$195.00$197.50$200.00Sep 11$0.09$2.419%26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-7.65, 71 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$217.50$220.001:2Sep 4-$0.01$2.49
$215.00$217.501:2Sep 4-$0.07$2.43
$232.50$235.001:2Sep 4-$0.01$2.49
$222.50$225.001:2Sep 4-$0.06$2.44
$240.00$242.501:2Sep 4-$0.03$2.47
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$250.00$225.001:2Sep 25-$7.65$17.35
$207.50$205.001:2Sep 4-$0.01$2.49
$205.00$202.501:2Sep 4-$0.03$2.47
$192.50$190.001:2Sep 4-$0.01$2.49
$202.50$200.001:2Sep 4-$0.03$2.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 71 found (best yield 5.47%, avg 3.30%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Oct 16$11.500.3614.3%5.47%19.73%370269
$230.00Oct 16$13.900.419.5%6.62%16.12%397630
$220.00Oct 16$17.300.484.7%8.24%12.97%917454
$250.00Oct 16$9.200.3019.0%4.38%23.40%2.4K573
$235.00Oct 9$9.700.3811.9%4.62%16.50%5--
$245.00Oct 9$7.300.3116.6%3.48%20.11%3--
$225.00Oct 9$11.500.447.1%5.47%12.59%8108
$230.00Oct 9$10.000.409.5%4.76%14.26%1323
$220.00Oct 9$12.500.474.7%5.95%10.69%195
$215.00Oct 9$14.400.512.4%6.86%9.21%5994

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 70,908
Total Puts 30,636
Put/Call Ratio 0.43
Net Difference 40,272

Prior's Put/Call Breakdown

Total Calls 27,023
Total Puts 13,840
Put/Call Ratio 0.51
Net Difference 13,183

Prior 7-Day Put/Call Summary

Total Calls 176,044
Total Puts 101,917
Average Put/Call Ratio 0.59
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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