Tour v388
CI
THE CIGNA GROUP
$284.85 -1.94%
$285.06 (+0.07%)🌙
as of 07/22 06:55 PM
7/22 18:55

Option Volume

Detail
Current (07/22) 958
Calls: 598 (62%)
Puts: 360 (38%)
Prior (07/21) 1,362
Calls: 853 (63%)
Puts: 509 (37%)
Current vs Prior -29.66%
Calls: -29.89% (Calls)
Puts: -29.27% (Puts)
Prior 7-Day Total 15,040
Calls: 7,278 (48%)
Puts: 7,762 (52%)
Prior 7-Day Average 2,148
Calls: 1,039 (48%)
Puts: 1,108 (52%)
Current vs Prior 7-Day Avg -55.41%
Calls: -42.48%
Puts: -67.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $1.17M
Calls: $724.7K (62%)
Puts: $447.8K (38%)
Prior (07/21) $1.13M
Calls: $824.8K (73%)
Puts: $302.5K (27%)
Current vs Prior +4.00%
Calls: -12.14%
Puts: +48.03%
Prior 7-Day Total $16.08M
Calls: $6.80M (42%)
Puts: $9.29M (58%)
Prior 7-Day Average $2.30M
Calls: $970.8K (42%)
Puts: $1.33M (58%)
Current vs Prior 7-Day Avg -48.97%
Calls: -25.35%
Puts: -66.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.60
Prior (07/21) 0.60
Current vs Prior +0.89%
Prior 7-Day Average 1.45
Current vs Prior 7-Day Avg -58.34%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 20,319
Calls: 13,766 (68%)
Puts: 6,553 (32%)
Prior (07/21) 19,507
Calls: 15,226 (78%)
Puts: 4,281 (22%)
Current vs Prior +4.16%
Prior 7-Day Total 152,845
Calls: 109,797 (72%)
Puts: 43,048 (28%)
Prior 7-Day Average 21,835
Calls: 15,685 (72%)
Puts: 6,149 (28%)
Current vs Prior 7-Day Avg -6.94%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 2.59% | 7.32%9.46% | 13.29%
Prior 3.30% | 7.19%9.66% | 13.25%
Current vs Prior -21.60% | +1.74%-2.02% | +0.26%
Prior 7-Day Avg 3.06% | 5.48%4.48% | 11.71%
Current vs 7-Day Avg -15.46% | +33.58%+111.32% | +13.45%
Prior 7-Day Eod 3.30% | 7.19%9.66% | 13.25%
Current vs 7-Day Eod -21.60% | +1.74%-2.02% | +0.26%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Prior 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs 7-Day Avg -0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($724.7K). Bullish P/C ratio of 0.60. Call-heavy open interest (13,766 calls vs 6,553 puts) suggests bullish positioning.

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 BEARISH
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 16 of results (avg 7.3%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$272.50Jul 3117.2018.20$17.705.6%10.72--
$280.00Aug 2115.8017.00$16.407.3%10.5986
$280.00Jul 246.006.50$6.258.0%30.7611
$277.50Jul 3113.7014.90$14.308.4%10.65--
$280.00Jul 3112.2013.40$12.809.4%40.6113
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Aug 2111.8012.40$12.105.0%50.4739
$287.50Aug 2113.1013.80$13.455.2%40.50--
$260.00Aug 213.703.90$3.805.3%230.20321
$305.00Aug 2123.4025.00$24.206.6%10.71--
$295.00Aug 2117.1018.30$17.706.8%80.594

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. 23 found (avg delta 0.65, highest 0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$272.50Jul 2412.1014.80$13.4520.1%20.92--
$267.50Jul 2417.1019.60$18.3513.6%10.91--
$275.00Jul 249.9012.40$11.1522.4%20.86--
$280.00Jul 246.006.50$6.258.0%30.7611
$272.50Jul 3117.2018.20$17.705.6%10.72--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Aug 2123.4025.00$24.206.6%10.71--
$302.50Aug 2120.7023.30$22.0011.8%490.67--
$300.00Aug 2820.3022.30$21.309.4%10.64--
$287.50Jul 243.904.70$4.3018.6%130.6148
$295.00Aug 2117.1018.30$17.706.8%80.594

Most actively traded options today. High liquidity = easy entry/exit. 83 active (total vol 595, top 100)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Aug 2813.6015.40$14.5012.4%1000.53--
$290.00Aug 2811.1013.00$12.0515.8%1000.47--
$282.50Aug 2114.1015.60$14.8510.1%750.5630
$300.00Jul 240.001.15$0.57201.8%200.11352
$290.00Jul 240.901.70$1.3061.5%100.28165
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.50Aug 2120.7023.30$22.0011.8%490.67--
$260.00Aug 213.703.90$3.805.3%230.20321
$287.50Jul 243.904.70$4.3018.6%130.6148
$292.50Aug 2115.3016.50$15.907.5%130.566
$285.00Jul 242.553.20$2.8822.6%90.4953

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 42.7%, max 185.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 24Aug 21109.2%38.3%185.0%2--
$297.50Jul 24Aug 2161.2%39.8%53.7%918
$330.00Jul 31Aug 2158.9%39.5%49.3%521
$300.00Jul 24Aug 2855.3%37.7%46.6%22356
$335.00Jul 31Aug 2158.9%41.5%41.9%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Jul 24Aug 2171.2%39.9%78.4%2--
$265.00Jul 31Aug 2856.6%37.8%49.8%4--
$260.00Jul 31Aug 2159.2%40.9%44.9%24321
$275.00Jul 24Aug 2147.5%40.2%18.1%4199
$270.00Jul 24Aug 2146.2%40.6%13.6%9161

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 62 found (best R:R 124.00, avg 6.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$330.00$335.00Aug 21$0.12$4.88$0.1240.67$330.12
$330.00$335.00Jul 31$0.22$4.78$0.2221.73$330.22
$290.00$292.50Jul 24$0.20$2.30$0.2011.50$290.20
$325.00$330.00Aug 21$0.40$4.60$0.4011.50$325.40
$315.00$325.00Jul 31$0.90$9.10$0.9010.11$315.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$255.00Jul 24$0.12$14.88$0.12124.00$269.88
$272.50$270.00Jul 24$0.15$2.35$0.1515.67$272.35
$280.00$275.00Jul 24$0.35$4.65$0.3513.29$279.65
$265.00$260.00Jul 31$0.65$4.35$0.656.69$264.35
$255.00$250.00Aug 21$0.70$4.30$0.706.14$254.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 67 found (best R:R 11.50, avg 0.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$272.50$275.00Jul 24$2.30$2.30$0.2011.50$274.80
$277.50$280.00Aug 21$1.90$1.90$0.603.17$279.40
$275.00$277.50Jul 31$1.75$1.75$0.752.33$276.75
$272.50$275.00Jul 31$1.65$1.65$0.851.94$274.15
$280.00$282.50Aug 21$1.55$1.55$0.951.63$281.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$305.00$302.50Aug 21$2.20$2.20$0.307.33$302.80
$295.00$292.50Aug 21$1.80$1.80$0.702.57$293.20
$292.50$290.00Aug 21$1.50$1.50$1.001.50$291.00
$302.50$295.00Aug 21$4.30$4.30$3.201.34$298.20
$287.50$285.00Jul 24$1.42$1.42$1.081.31$286.08

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 25 found (avg debit $4.35, cheapest $0.90)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$330.00Jul 31Aug 21$0.9558.9%39.5%
$335.00Jul 31Aug 21$1.0558.9%41.5%
$325.00Jul 31Aug 21$1.3254.5%38.8%
$320.00Jul 24Aug 21$1.80109.2%38.3%
$315.00Jul 31Aug 21$2.3755.0%41.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$265.00Jul 31Aug 7$0.9056.6%47.1%
$260.00Jul 31Aug 14$1.0559.2%43.0%
$255.00Jul 24Aug 21$2.5271.2%39.9%
$272.50Jul 24Jul 31$4.0045.4%54.5%
$275.00Jul 24Jul 31$4.4747.5%54.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 2.57% of stock, avg 7.36%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$280.00Jul 24$6.25$1.08$7.33$272.67$287.332.57%
$275.00Jul 24$11.15$0.73$11.88$263.12$286.884.17%
$272.50Jul 24$13.45$0.35$13.80$258.70$286.304.84%
$287.50Jul 31$8.75$10.90$19.65$267.85$307.156.90%
$275.00Jul 31$16.05$5.20$21.25$253.75$296.257.46%
$272.50Jul 31$17.70$4.35$22.05$250.45$294.557.74%
$282.50Aug 21$14.85$10.90$25.75$256.75$308.259.04%
$287.50Aug 21$12.60$13.45$26.05$261.45$313.559.15%
$280.00Aug 21$16.40$10.40$26.80$253.20$306.809.41%
$295.00Aug 21$9.15$17.70$26.85$268.15$321.859.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 72 found (cheapest 0.32% of stock, avg 3.34%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$300.00$272.50Jul 24$0.57$0.35$0.92$271.58$300.92
$295.00$272.50Jul 24$0.60$0.35$0.95$271.55$295.95
$300.00$275.00Jul 24$0.57$0.73$1.30$273.70$301.30
$295.00$275.00Jul 24$0.60$0.73$1.33$273.67$296.33
$292.50$272.50Jul 24$1.10$0.35$1.45$271.05$293.95
$297.50$272.50Jul 24$1.18$0.35$1.53$270.97$299.03
$290.00$272.50Jul 24$1.30$0.35$1.65$270.85$291.65
$300.00$280.00Jul 24$0.57$1.08$1.65$278.35$301.65
$295.00$280.00Jul 24$0.60$1.08$1.68$278.32$296.68
$292.50$275.00Jul 24$1.10$0.73$1.83$273.17$294.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 153 found (best R:R 15.67, avg credit $2.46)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
272/275278/280Jul 31$2.35$0.1515.67$272.65$279.85
265/268278/280Aug 21$2.35$0.1515.67$265.15$279.85
262/265280/282Aug 21$2.30$0.2011.50$262.70$282.30
270/272280/282Aug 21$2.30$0.2011.50$270.20$282.30
272/275298/300Jul 31$2.27$0.239.87$272.73$299.77
275/280282/288Aug 21$4.40$0.607.33$275.60$286.90
260/262280/282Aug 21$2.10$0.405.25$260.40$282.10
268/270298/300Aug 21$2.10$0.405.25$267.90$299.60
272/275298/300Aug 21$2.05$0.454.56$272.95$299.55
285/288298/300Jul 24$2.03$0.474.32$285.47$299.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 37.46, cheapest $0.13)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Aug 21$0.13$4.8737.46
$300.00$305.00$310.00Jul 31$0.16$4.8430.25
$280.00$285.00$290.00Aug 28$0.25$4.7519.00
$325.00$330.00$335.00Aug 21$0.28$4.7216.86
$275.00$277.50$280.00Jul 31$0.25$2.259.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$265.00$270.00$275.00Aug 14$0.30$4.7015.67
$282.50$285.00$287.50Aug 21$0.15$2.3515.67
$260.00$265.00$270.00Aug 14$0.35$4.6513.29
$260.00$262.50$265.00Aug 21$0.20$2.3011.50
$270.00$272.50$275.00Aug 21$0.20$2.3011.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-1.31, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$302.50$320.001:2Jul 24-$1.31$16.19
$300.00$310.001:2Aug 21-$2.05$7.95
$290.00$300.001:2Aug 28-$3.75$6.25
$330.00$335.001:2Jul 31-$0.26$4.74
$290.00$297.501:2Jul 31-$2.95$4.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$272.50$265.001:2Jul 31-$1.05$6.45
$280.00$275.001:2Jul 24-$0.38$4.62
$255.00$250.001:2Aug 21-$1.20$3.80
$265.00$260.001:2Jul 31-$1.40$3.60
$260.00$255.001:2Aug 21-$1.40$3.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 25 found (best yield 4.77%, avg 1.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$285.00Aug 28$13.600.530.1%4.77%4.83%100--
$287.50Aug 21$11.700.500.9%4.11%5.04%54
$290.00Aug 28$11.100.471.8%3.90%5.70%100--
$295.00Aug 21$8.500.413.6%2.98%6.55%13
$287.50Jul 31$8.000.490.9%2.81%3.74%14
$297.50Aug 21$7.600.384.4%2.67%7.11%3--
$290.00Jul 31$6.900.451.8%2.42%4.23%7278
$300.00Aug 28$6.800.365.3%2.39%7.71%24
$300.00Aug 21$6.300.355.3%2.21%7.53%3443
$297.50Jul 31$4.300.344.4%1.51%5.95%15

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 598
Total Puts 360
Put/Call Ratio 0.60
Net Difference 238

Prior's Put/Call Breakdown

Total Calls 853
Total Puts 509
Put/Call Ratio 0.60
Net Difference 344

Prior 7-Day Put/Call Summary

Total Calls 7,278
Total Puts 7,762
Average Put/Call Ratio 1.45
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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Price — Past 7 Days

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