Tour v526
CBRS
CEREBRAS SYS INC Class A
$210.05 +10.30%
$209.89 (-0.08%)🌙
as of 09/04 04:00 PM
9/4 16:00

Option Volume

Detail
Current (09/04 4:00pm) 101,561
Calls: 70,919 (70%)
Puts: 30,642 (30%)
Prior (09/01) 38,581
Calls: 25,755 (67%)
Puts: 12,826 (33%)
Current vs Prior +163.24%
Calls: +175.36% (Calls)
Puts: +138.91% (Puts)
Prior 7-Day Total 439,608
Calls: 242,070 (55%)
Puts: 197,538 (45%)
Prior 7-Day Average 62,801
Calls: 34,581 (55%)
Puts: 28,219 (45%)
Current vs Prior 7-Day Avg +61.72%
Calls: +105.08%
Puts: +8.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/04 4:00pm) $95.24M
Calls: $75.66M (79%)
Puts: $19.58M (21%)
Prior (09/01) $29.00M
Calls: $15.42M (53%)
Puts: $13.58M (47%)
Current vs Prior +228.45%
Calls: +390.66%
Puts: +44.24%
Prior 7-Day Total $415.61M
Calls: $264.07M (64%)
Puts: $151.54M (36%)
Prior 7-Day Average $59.37M
Calls: $37.72M (64%)
Puts: $21.65M (36%)
Current vs Prior 7-Day Avg +60.41%
Calls: +100.55%
Puts: -9.54%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/04 4:00pm) 0.43
Prior (09/01) 0.50
Current vs Prior -13.24%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg -39.65%
Sentiment BULLISH

Open Interest

Detail
Current (09/04 4:00pm) 270,290
Calls: 142,762 (53%)
Puts: 127,528 (47%)
Prior (09/01) 244,107
Calls: 123,979 (51%)
Puts: 120,128 (49%)
Current vs Prior +10.73%
Prior 7-Day Total 1,469,296
Calls: 782,532 (53%)
Puts: 686,764 (47%)
Prior 7-Day Average 209,899
Calls: 111,790 (53%)
Puts: 98,109 (47%)
Current vs Prior 7-Day Avg +28.77%
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 6.55% | 9.65%13.56% | 21.43%
Current vs Prior +40.36% | +27.34%-9.39% | +8.83%
Prior 7-Day Avg 9.10% | 13.49%15.81% | 26.79%
Current vs 7-Day Avg +0.97% | -8.98%-22.33% | -12.92%
Prior 7-Day Eod 6.55% | 9.65%11.45% | 20.66%
Current vs 7-Day Eod +40.36% | +27.34%+7.30% | +12.90%
Sentiment BEARISHBULLISH

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 18.82% | 24.59%
Calls: 19.06% | 23.14%
Puts: 18.58% | 26.05%
Current vs 7-Day Avg +38.35% | -14.74%
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 228% vs prior. Dollar volume significantly above 7-day average (60% higher). Unusually high activity with volume up 163% 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:00BULLISHBULLISHBULLISH
15:00BULLISHBULLISHBULLISH
14:00BULLISHBULLISHBULLISH

📈 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%70.5612
$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. 153 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%2770.993.1K
$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 119.9%, max 119.9%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Sep 4Oct 16162.0%73.7%119.9%2.8K978
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Sep 4Oct 16162.0%73.7%119.9%2.7K262

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 203 found (best R:R 11.50, avg 3.62)

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
$232.50$230.00Sep 25$0.80$1.70$0.8067%2.13$231.70
$227.50$225.00Sep 25$0.70$1.80$0.7063%2.57$226.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 144 found (best R:R 1.33, avg 0.70)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$247.50$250.00Sep 4$1.22$1.22$1.2889%0.95$248.72
$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
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%67.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$210.00Sep 4Sep 11$6.80162.0%67.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 88 found (cheapest 0.99% of stock, avg 12.82%)

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. 154 found (cheapest 0.07% of stock, avg 10.21%)

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
$247.50$207.50Sep 4$1.27$0.05$1.32$206.18$248.82
$212.50$210.00Sep 4$0.10$0.90$1.00$209.00$213.50
$247.50$177.50Sep 4$1.27$0.50$1.77$175.73$249.27
$245.00$210.00Sep 4$0.40$0.90$1.30$208.70$246.30
$247.50$210.00Sep 4$1.27$0.90$2.17$207.83$249.67
$222.50$200.00Sep 11$3.70$3.65$7.35$192.65$229.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 182 found (best R:R 2.09, avg credit $1.16)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/178248/250Sep 4$1.69$0.8184%2.09$175.81$249.19
180/182248/250Sep 4$1.47$1.0385%1.43$181.03$248.97
170/172248/250Sep 4$1.39$1.1187%1.25$171.11$248.89
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

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 144 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 $-0.01, 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
$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
$200.00$197.501:2Sep 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%402630
$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%525
$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 70,919
Total Puts 30,642
Put/Call Ratio 0.43
Net Difference 40,277

Prior's Put/Call Breakdown

Total Calls 25,755
Total Puts 12,826
Put/Call Ratio 0.50
Net Difference 12,929

Prior 7-Day Put/Call Summary

Total Calls 242,070
Total Puts 197,538
Average Put/Call Ratio 0.72
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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