CDNS - Options Database

CDNS

CADENCE DESIGN SYS I

$338.61 +3.79%

$352.25 (+4.03%)🌙

as of 07/27 06:00 PM

(7/27 14:05) ◀

Monday, July 27, 2026 (6:00pm)

▶ (7/28 18:23)

◀ 7/27 18:00 ▶

Option Volume

Detail

ℹ

Current (07/27) 11,627

Calls: 5,537 (48%)

Puts: 6,090 (52%)

Prior (07/24) 5,879

Calls: 2,031 (35%)

Puts: 3,848 (65%)

Current vs Prior +97.77%

Calls: +172.62% (Calls)

Puts: +58.26% (Puts)

Prior 7-Day Total 58,820

Calls: 15,315 (26%)

Puts: 43,505 (74%)

Prior 7-Day Average 8,402

Calls: 2,187 (26%)

Puts: 6,215 (74%)

Current vs Prior 7-Day Avg +38.37%

Calls: +153.08%

Puts: -2.01%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/27) $11.21M

Calls: $6.30M (56%)

Puts: $4.92M (44%)

Prior (07/24) $7.67M

Calls: $1.51M (20%)

Puts: $6.16M (80%)

Current vs Prior +46.15%

Calls: +317.68%

Puts: -20.26%

Prior 7-Day Total $159.19M

Calls: $24.91M (16%)

Puts: $134.28M (84%)

Prior 7-Day Average $22.74M

Calls: $3.56M (16%)

Puts: $19.18M (84%)

Current vs Prior 7-Day Avg -50.70%

Calls: +76.95%

Puts: -74.38%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/27) 1.10

Prior (07/24) 1.89

Current vs Prior -41.95%

Prior 7-Day Average 2.09

Current vs Prior 7-Day Avg -47.41%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/27) 101,336

Calls: 42,256 (42%)

Puts: 59,080 (58%)

Prior (07/24) 34,845

Calls: 17,580 (50%)

Puts: 17,265 (50%)

Current vs Prior +190.82%

Prior 7-Day Total 276,971

Calls: 126,398 (46%)

Puts: 150,573 (54%)

Prior 7-Day Average 39,567

Calls: 18,056 (46%)

Puts: 21,510 (54%)

Current vs Prior 7-Day Avg +156.11%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 8.56% | 10.19%12.51% | 17.51%

Prior 9.04% | 10.77%13.35% | 17.66%

Current vs Prior -5.29% | -5.43%-6.31% | -0.81%

Prior 7-Day Avg 5.39% | 9.73%10.36% | 17.08%

Current vs 7-Day Avg +59.02% | +4.67%+20.74% | +2.55%

Prior 7-Day Eod 9.04% | 10.77%13.35% | 17.66%

Current vs 7-Day Eod -5.29% | -5.43%-6.31% | -0.81%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.16% | 15.90%

Calls: 14.77% | 15.04%

Puts: 17.54% | 16.77%

Prior 12.52% | 18.06%

Calls: 13.84% | 22.71%

Puts: 11.19% | 13.41%

Current vs Prior +29.07% | -11.96%

Prior 7-Day Avg 12.52% | 18.06%

Calls: 13.84% | 22.71%

Puts: 11.19% | 13.41%

Current vs 7-Day Avg +29.07% | -11.96%

Liquidity Expensive

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🤖 AI Insights

Above-average activity with volume up 98% vs prior. Slightly bearish P/C ratio of 1.10. P/C ratio dropping 42% - sentiment shifting bullish. Rising open interest (up 191%) indicates new positions being established.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BEARISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

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

🎯

Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 26 of results (avg 7.8%, best 4.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$280.00	Aug 21	60.30	64.20	$62.25	6.3%	--	0.90	11
$290.00	Aug 21	51.90	55.40	$53.65	6.5%	1	0.86	4
$300.00	Aug 21	44.30	47.30	$45.80	6.6%	3	0.81	26
$290.00	Jul 31	47.80	51.50	$49.65	7.5%	2	0.94	2
$285.00	Aug 21	56.10	60.50	$58.30	7.5%	--	0.87	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$405.00	Aug 21	67.50	70.90	$69.20	4.9%	--	0.85	38
$400.00	Aug 21	62.50	66.50	$64.50	6.2%	--	0.86	173
$390.00	Aug 21	53.90	57.70	$55.80	6.8%	--	0.80	85
$395.00	Aug 21	58.00	62.10	$60.05	6.8%	--	0.83	108
$365.00	Aug 21	34.90	37.60	$36.25	7.4%	--	0.66	30

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.38, cheapest $0.38)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$280.00	Jul 31	0.35	0.40	$0.38	13.2%	298	0.03	207

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 79 found (avg delta 0.68, highest 0.94)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$290.00	Jul 31	47.80	51.50	$49.65	7.5%	2	0.94	2
$295.00	Jul 31	43.10	46.90	$45.00	8.4%	3	0.93	4
$300.00	Jul 31	38.60	42.40	$40.50	9.4%	6	0.90	17
$280.00	Aug 21	60.30	64.20	$62.25	6.3%	--	0.90	11
$285.00	Aug 21	56.10	60.50	$58.30	7.5%	--	0.87	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$382.50	Jul 31	43.50	47.80	$45.65	9.4%	1	0.87	--
$380.00	Jul 31	41.90	45.30	$43.60	7.8%	--	0.86	10
$400.00	Aug 21	62.50	66.50	$64.50	6.2%	--	0.86	173
$377.50	Jul 31	39.40	43.20	$41.30	9.2%	1	0.85	--
$405.00	Aug 21	67.50	70.90	$69.20	4.9%	--	0.85	38

Most actively traded options today. High liquidity = easy entry/exit. 204 active (total vol 8.3K, top 696)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$345.00	Jul 31	9.00	12.20	$10.60	30.2%	393	0.46	21
$390.00	Jul 31	0.80	1.60	$1.20	66.7%	350	0.08	47
$340.00	Aug 21	19.20	22.20	$20.70	14.5%	253	0.53	40
$400.00	Aug 21	2.30	4.40	$3.35	62.7%	245	0.14	7.5K
$395.00	Jul 31	0.15	1.55	$0.85	164.7%	209	0.06	47

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Aug 21	19.00	22.00	$20.50	14.6%	696	0.48	211
$300.00	Jul 31	1.50	2.05	$1.78	30.9%	331	0.10	48
$320.00	Jul 31	5.50	6.40	$5.95	15.1%	317	0.27	11
$280.00	Jul 31	0.35	0.40	$0.38	13.2%	298	0.03	207
$295.00	Jul 31	1.05	1.45	$1.25	32.0%	243	0.08	17

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 60 strikes (avg 63.7%, max 116.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$330.00	Jul 31	Aug 28	100.5%	56.7%	77.2%	27	58
$315.00	Jul 31	Sep 4	99.1%	56.2%	76.2%	181	3
$320.00	Jul 31	Aug 28	99.3%	56.6%	75.6%	6	16
$400.00	Jul 31	Aug 28	97.5%	55.8%	74.7%	136	22
$375.00	Jul 31	Aug 28	99.1%	57.0%	73.6%	253	107

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$275.00	Jul 31	Aug 28	134.2%	61.9%	116.8%	21	9
$330.00	Jul 31	Aug 28	100.5%	56.7%	77.2%	164	218
$320.00	Jul 31	Aug 28	99.3%	56.6%	75.6%	318	11
$375.00	Jul 31	Sep 4	99.1%	56.8%	74.4%	3	23
$317.50	Jul 31	Aug 21	100.9%	58.2%	73.2%	126	22

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 176 found (best R:R 32.33, avg 3.67)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$385.00	$390.00	Aug 7	$0.15	$4.85	$0.15	32.33	$385.15
$385.00	$387.50	Jul 31	$0.10	$2.40	$0.10	24.00	$385.10
$395.00	$400.00	Aug 7	$0.25	$4.75	$0.25	19.00	$395.25
$370.00	$372.50	Jul 31	$0.15	$2.35	$0.15	15.67	$370.15
$372.50	$375.00	Jul 31	$0.15	$2.35	$0.15	15.67	$372.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$287.50	$285.00	Jul 31	$0.15	$2.35	$0.15	15.67	$287.35
$290.00	$287.50	Jul 31	$0.15	$2.35	$0.15	15.67	$289.85
$310.00	$307.50	Jul 31	$0.15	$2.35	$0.15	15.67	$309.85
$280.00	$275.00	Aug 21	$0.35	$4.65	$0.35	13.29	$279.65
$302.50	$300.00	Jul 31	$0.20	$2.30	$0.20	11.50	$302.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 215 found (best R:R 24.00, avg 1.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$290.00	$295.00	Jul 31	$4.65	$4.65	$0.35	13.29	$294.65
$285.00	$290.00	Aug 21	$4.65	$4.65	$0.35	13.29	$289.65
$295.00	$300.00	Jul 31	$4.50	$4.50	$0.50	9.00	$299.50
$300.00	$310.00	Jul 31	$8.50	$8.50	$1.50	5.67	$308.50
$300.00	$305.00	Aug 21	$4.10	$4.10	$0.90	4.56	$304.10

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$372.50	$370.00	Jul 31	$2.40	$2.40	$0.10	24.00	$370.10
$405.00	$400.00	Aug 21	$4.70	$4.70	$0.30	15.67	$400.30
$380.00	$377.50	Jul 31	$2.30	$2.30	$0.20	11.50	$377.70
$377.50	$375.00	Jul 31	$2.25	$2.25	$0.25	9.00	$375.25
$400.00	$395.00	Aug 21	$4.45	$4.45	$0.55	8.09	$395.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 60 found (avg debit $3.29, cheapest $0.45)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$400.00	Jul 31	Aug 7	$0.95	97.5%	70.4%
$405.00	Jul 31	Aug 7	$1.07	100.6%	74.4%
$395.00	Jul 31	Aug 7	$1.18	92.2%	68.8%
$385.00	Jul 31	Aug 7	$1.30	97.1%	69.1%
$380.00	Jul 31	Aug 7	$1.45	99.0%	70.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$275.00	Jul 31	Aug 7	$0.45	134.2%	86.0%
$280.00	Jul 31	Aug 7	$1.00	99.3%	76.7%
$285.00	Jul 31	Aug 7	$1.38	99.9%	78.0%
$290.00	Jul 31	Aug 7	$1.63	99.8%	77.3%
$375.00	Jul 31	Aug 7	$1.65	99.1%	72.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 72 found (cheapest 7.86% of stock, avg 12.39%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$335.00	Jul 31	$15.50	$11.10	$26.60	$308.40	$361.60	7.86%
$332.50	Jul 31	$16.70	$10.35	$27.05	$305.45	$359.55	7.99%
$340.00	Jul 31	$12.85	$14.25	$27.10	$312.90	$367.10	8.00%
$337.50	Jul 31	$14.75	$12.55	$27.30	$310.20	$364.80	8.06%
$347.50	Jul 31	$9.60	$18.05	$27.65	$319.85	$375.15	8.17%
$342.50	Jul 31	$11.95	$15.80	$27.75	$314.75	$370.25	8.20%
$330.00	Jul 31	$18.45	$9.65	$28.10	$301.90	$358.10	8.30%
$327.50	Jul 31	$20.10	$8.20	$28.30	$299.20	$355.80	8.36%
$325.00	Jul 31	$21.10	$7.25	$28.35	$296.65	$353.35	8.37%
$350.00	Jul 31	$9.25	$19.90	$29.15	$320.85	$379.15	8.61%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 127 found (cheapest 5.02% of stock, avg 8.37%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$390.00	$310.00	Aug 28	$6.70	$10.30	$17.00	$293.00	$407.00
$352.50	$330.00	Jul 31	$8.00	$9.65	$17.65	$312.35	$370.15
$385.00	$310.00	Aug 28	$7.70	$10.30	$18.00	$292.00	$403.00
$352.50	$332.50	Jul 31	$8.00	$10.35	$18.35	$314.15	$370.85
$350.00	$330.00	Jul 31	$9.25	$9.65	$18.90	$311.10	$368.90
$352.50	$335.00	Jul 31	$8.00	$11.10	$19.10	$315.90	$371.60
$347.50	$330.00	Jul 31	$9.60	$9.65	$19.25	$310.75	$366.75
$350.00	$332.50	Jul 31	$9.25	$10.35	$19.60	$312.90	$369.60
$347.50	$332.50	Jul 31	$9.60	$10.35	$19.95	$312.55	$367.45
$345.00	$330.00	Jul 31	$10.60	$9.65	$20.25	$309.75	$365.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 366 found (best R:R 49.00, avg credit $3.91)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
280/282	290/295	Jul 31	$4.90	$0.10	49.00	$277.60	$294.90
285/288	290/295	Jul 31	$4.80	$0.20	24.00	$282.70	$294.80
295/298	312/315	Jul 31	$2.40	$0.10	24.00	$295.10	$314.90
335/340	345/350	Aug 28	$4.80	$0.20	24.00	$335.20	$349.80
290/292	295/300	Jul 31	$4.78	$0.22	21.73	$287.72	$299.78
302/305	312/315	Jul 31	$2.39	$0.11	21.73	$302.61	$314.89
280/282	295/300	Jul 31	$4.75	$0.25	19.00	$277.75	$299.75
335/338	350/352	Aug 14	$2.35	$0.15	15.67	$335.15	$352.35
290/295	300/305	Aug 21	$4.70	$0.30	15.67	$290.30	$304.70
285/288	295/300	Jul 31	$4.65	$0.35	13.29	$282.85	$299.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$330.00	$335.00	$340.00	Aug 28	$0.05	$4.95	99.00
$352.50	$355.00	$357.50	Aug 7	$0.05	$2.45	49.00
$332.50	$335.00	$337.50	Aug 21	$0.05	$2.45	49.00
$385.00	$390.00	$395.00	Aug 21	$0.12	$4.88	40.67
$290.00	$295.00	$300.00	Jul 31	$0.15	$4.85	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$290.00	$295.00	$300.00	Aug 7	$0.08	$4.92	61.50
$330.00	$332.50	$335.00	Jul 31	$0.05	$2.45	49.00
$375.00	$377.50	$380.00	Jul 31	$0.05	$2.45	49.00
$325.00	$330.00	$335.00	Aug 7	$0.10	$4.90	49.00
$322.50	$325.00	$327.50	Aug 21	$0.05	$2.45	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 75 found (best net $-1.95, 73 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$350.00	$375.00	1:2	Aug 28	-$1.95	$23.05
$365.00	$380.00	1:2	Aug 14	-$1.75	$13.25
$310.00	$330.00	1:2	Aug 7	-$8.10	$11.90
$390.00	$400.00	1:2	Aug 14	-$2.07	$7.93
$380.00	$390.00	1:2	Aug 14	-$2.46	$7.54

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$375.00	$350.00	1:2	Aug 7	-$4.90	$20.10
$310.00	$290.00	1:2	Sep 4	-$2.35	$17.65
$295.00	$280.00	1:2	Aug 28	-$1.61	$13.39
$300.00	$290.00	1:2	Aug 14	-$2.20	$7.80
$310.00	$300.00	1:2	Aug 14	-$3.20	$6.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 6.20%, avg 2.14%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$340.00	Aug 28	$21.00	0.53	0.4%	6.20%	6.61%	2	4
$340.00	Aug 21	$19.20	0.53	0.4%	5.67%	6.08%	253	40
$345.00	Aug 28	$18.80	0.49	1.9%	5.55%	7.44%	2	3
$342.50	Aug 21	$18.00	0.51	1.1%	5.32%	6.46%	19	103
$345.00	Aug 21	$16.90	0.49	1.9%	4.99%	6.88%	18	40
$340.00	Aug 14	$16.50	0.52	0.4%	4.87%	5.28%	3	7
$350.00	Aug 28	$16.30	0.46	3.4%	4.81%	8.18%	7	3
$347.50	Aug 21	$15.70	0.47	2.6%	4.64%	7.26%	18	60
$340.00	Aug 7	$15.50	0.52	0.4%	4.58%	4.99%	8	71
$350.00	Aug 21	$15.10	0.45	3.4%	4.46%	7.82%	56	800

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 5,537

Total Puts 6,090

Put/Call Ratio 1.10

Net Difference -553

Prior's Put/Call Breakdown

Total Calls 2,031

Total Puts 3,848

Put/Call Ratio 1.89

Net Difference -1,817

Prior 7-Day Put/Call Summary

Total Calls 15,315

Total Puts 43,505

Average Put/Call Ratio 2.09

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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