Tour v452
CI
THE CIGNA GROUP
$301.06 +3.45%
$300.99 (-0.02%)🌙
as of 07/28 06:24 PM
7/28 18:24

Option Volume

Detail
Current (07/28) 2,564
Calls: 2,105 (82%)
Puts: 459 (18%)
Prior (07/27) 1,652
Calls: 816 (49%)
Puts: 836 (51%)
Current vs Prior +55.21%
Calls: +157.97% (Calls)
Puts: -45.10% (Puts)
Prior 7-Day Total 12,524
Calls: 7,329 (59%)
Puts: 5,195 (41%)
Prior 7-Day Average 1,789
Calls: 1,047 (59%)
Puts: 742 (41%)
Current vs Prior 7-Day Avg +43.31%
Calls: +101.05%
Puts: -38.15%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $3.59M
Calls: $3.28M (92%)
Puts: $304.2K (8%)
Prior (07/27) $1.91M
Calls: $1.18M (62%)
Puts: $725.2K (38%)
Current vs Prior +88.16%
Calls: +177.86%
Puts: -58.06%
Prior 7-Day Total $10.52M
Calls: $6.14M (58%)
Puts: $4.38M (42%)
Prior 7-Day Average $1.50M
Calls: $877.4K (58%)
Puts: $625.9K (42%)
Current vs Prior 7-Day Avg +138.72%
Calls: +274.35%
Puts: -51.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.22
Prior (07/27) 1.02
Current vs Prior -78.72%
Prior 7-Day Average 0.85
Current vs Prior 7-Day Avg -74.26%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 29,483
Calls: 18,709 (63%)
Puts: 10,774 (37%)
Prior (07/27) 23,554
Calls: 16,417 (70%)
Puts: 7,137 (30%)
Current vs Prior +25.17%
Prior 7-Day Total 154,880
Calls: 112,406 (73%)
Puts: 42,474 (27%)
Prior 7-Day Average 22,125
Calls: 16,058 (73%)
Puts: 6,067 (27%)
Current vs Prior 7-Day Avg +33.25%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 6.59% | 7.09%8.52% | 11.96%
Prior 6.77% | 7.42%8.88% | 12.06%
Current vs Prior -2.60% | -4.45%-4.08% | -0.86%
Prior 7-Day Avg 4.11% | 7.39%8.11% | 12.68%
Current vs 7-Day Avg +60.39% | -4.04%+5.00% | -5.67%
Prior 7-Day Eod 6.77% | 7.42%8.88% | 12.06%
Current vs 7-Day Eod -2.60% | -4.45%-4.08% | -0.86%
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

Strong bullish conviction with 92% of dollar volume in calls ($3.28M) vs puts ($304.2K). Elevated premium activity with dollar volume up 88% vs prior. Dollar volume significantly above 7-day average (139% higher). Above-average activity with volume up 55% vs prior.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 9 of results (avg 8.7%, best 7.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$265.00Jul 3136.0038.60$37.307.0%10.961
$270.00Aug 2133.9036.60$35.257.7%10.8622
$270.00Jul 3131.4034.00$32.708.0%20.91--
$297.50Aug 711.9012.90$12.408.1%20.58--
$275.00Aug 727.7030.30$29.009.0%150.86--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 714.3015.80$15.0510.0%20.625

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. 32 found (avg delta 0.67, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$265.00Jul 3136.0038.60$37.307.0%10.961
$270.00Jul 3131.4034.00$32.708.0%20.91--
$277.50Jul 3124.4027.10$25.7510.5%30.88--
$270.00Aug 2133.9036.60$35.257.7%10.8622
$275.00Aug 727.7030.30$29.009.0%150.86--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Aug 2121.3024.00$22.6511.9%20.71--
$310.00Aug 714.3015.80$15.0510.0%20.625
$310.00Aug 2115.1017.60$16.3515.3%20.5915
$307.50Aug 2113.4015.90$14.6517.1%20.56--
$305.00Jul 318.8011.50$10.1526.6%100.543

Most actively traded options today. High liquidity = easy entry/exit. 103 active (total vol 2.0K, top 649)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$297.50Jul 3110.5013.00$11.7521.3%6490.6015
$300.00Jul 319.1011.70$10.4025.0%4340.56830
$302.50Jul 317.8010.40$9.1028.6%2130.51334
$290.00Jul 3114.8016.90$15.8513.2%1010.72364
$325.00Jul 310.702.75$1.73118.5%330.1634
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 317.308.80$8.0518.6%880.4533
$285.00Jul 312.603.70$3.1534.9%350.22349
$275.00Jul 310.402.35$1.38141.3%230.11--
$282.50Jul 311.252.85$2.0578.0%180.1718
$287.50Jul 313.204.40$3.8031.6%110.25--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 32 strikes (avg 103.1%, max 207.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$270.00Jul 31Aug 21101.4%42.2%140.5%322
$290.00Jul 31Aug 2888.3%38.0%132.4%102464
$300.00Jul 31Aug 2884.9%36.7%131.3%435834
$295.00Jul 31Aug 2886.6%37.5%131.0%1490
$350.00Jul 31Aug 2187.5%38.0%130.0%147
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 31Aug 21143.3%46.6%207.7%8--
$255.00Jul 31Aug 21135.6%50.3%169.5%751
$295.00Jul 31Sep 486.6%35.4%144.7%1210
$270.00Jul 31Aug 21101.4%42.2%140.5%12248
$300.00Jul 31Aug 2884.9%36.7%131.3%9033

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 77 found (best R:R 34.71, avg 3.97)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$330.00$350.00Jul 31$1.08$18.92$1.0817.52$331.08
$325.00$330.00Jul 31$0.35$4.65$0.3513.29$325.35
$340.00$350.00Aug 21$1.05$8.95$1.058.52$341.05
$325.00$330.00Aug 7$0.53$4.47$0.538.43$325.53
$330.00$340.00Aug 21$1.25$8.75$1.257.00$331.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$255.00$250.00Jul 31$0.14$4.86$0.1434.71$254.86
$280.00$277.50Jul 31$0.10$2.40$0.1024.00$279.90
$265.00$260.00Jul 31$0.25$4.75$0.2519.00$264.75
$275.00$260.00Aug 7$1.10$13.90$1.1012.64$273.90
$265.00$260.00Aug 21$0.50$4.50$0.509.00$264.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 12.64, avg 1.14)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$270.00$277.50Jul 31$6.95$6.95$0.5512.64$276.95
$265.00$270.00Jul 31$4.60$4.60$0.4011.50$269.60
$280.00$285.00Aug 7$4.05$4.05$0.954.26$284.05
$277.50$290.00Jul 31$9.90$9.90$2.603.81$287.40
$275.00$280.00Aug 7$3.90$3.90$1.103.55$278.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$310.00$307.50Aug 21$1.70$1.70$0.802.13$308.30
$307.50$305.00Aug 21$1.60$1.60$0.901.78$305.90
$320.00$310.00Aug 21$6.30$6.30$3.701.70$313.70
$310.00$302.50Aug 7$4.60$4.60$2.901.59$305.40
$302.50$300.00Jul 31$1.40$1.40$1.101.27$301.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $1.46, cheapest $0.38)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$305.00Jul 31Aug 7$0.4086.9%51.2%
$300.00Jul 31Aug 7$0.5084.9%50.0%
$330.00Jul 31Aug 7$0.5783.3%51.5%
$350.00Jul 31Aug 21$0.5887.5%38.0%
$302.50Jul 31Aug 7$0.6085.5%51.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$255.00Jul 31Aug 21$0.38135.6%50.3%
$275.00Jul 31Aug 7$0.6090.1%53.6%
$260.00Jul 31Aug 7$0.6587.4%60.9%
$290.00Jul 31Aug 7$0.8588.3%51.4%
$270.00Jul 31Aug 14$1.00101.4%49.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 6.06% of stock, avg 8.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$305.00Jul 31$8.10$10.15$18.25$286.75$323.256.06%
$300.00Jul 31$10.40$8.05$18.45$281.55$318.456.13%
$302.50Jul 31$9.10$9.45$18.55$283.95$321.056.16%
$297.50Jul 31$11.75$7.05$18.80$278.70$316.306.24%
$295.00Jul 31$13.25$6.05$19.30$275.70$314.306.41%
$302.50Aug 7$9.70$10.45$20.15$282.35$322.656.69%
$290.00Jul 31$15.85$4.45$20.30$269.70$310.306.74%
$297.50Aug 7$12.40$8.05$20.45$277.05$317.956.79%
$310.00Aug 7$6.60$15.05$21.65$288.35$331.657.19%
$305.00Aug 21$10.70$13.05$23.75$281.25$328.757.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 90 found (cheapest 1.47% of stock, avg 4.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$320.00$260.00Aug 7$3.55$0.88$4.43$255.57$324.43
$315.00$260.00Aug 7$4.65$0.88$5.53$254.47$320.53
$320.00$275.00Aug 7$3.55$1.98$5.53$269.47$325.53
$315.00$275.00Aug 7$4.65$1.98$6.63$268.37$321.63
$320.00$277.50Aug 7$3.55$3.18$6.73$270.77$326.73
$320.00$290.00Jul 31$2.63$4.45$7.08$282.92$327.08
$320.00$270.00Aug 14$4.80$2.33$7.13$262.87$327.13
$310.00$260.00Aug 7$6.60$0.88$7.48$252.52$317.48
$320.00$270.00Aug 21$5.20$2.42$7.62$262.38$327.62
$315.00$277.50Aug 7$4.65$3.18$7.83$269.67$322.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 175 found (best R:R 24.00, avg credit $3.27)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
260/265270/278Jul 31$7.20$0.3024.00$257.80$277.20
282/285305/308Jul 31$2.40$0.1024.00$282.60$307.40
275/278302/305Aug 7$2.40$0.1024.00$275.10$304.90
250/255265/270Jul 31$4.74$0.2618.23$250.26$269.74
250/255270/278Jul 31$7.09$0.4117.29$247.91$277.09
250/255290/295Aug 21$4.70$0.3015.67$250.30$294.70
270/275290/295Aug 21$4.66$0.3413.71$270.34$294.66
282/285292/295Jul 31$2.30$0.2011.50$282.70$294.80
265/270290/295Aug 21$4.47$0.538.43$265.53$294.47
260/265290/295Aug 21$4.40$0.607.33$260.60$294.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$297.50$300.00$302.50Jul 31$0.05$2.4549.00
$330.00$340.00$350.00Aug 21$0.20$9.8049.00
$305.00$310.00$315.00Aug 28$0.10$4.9049.00
$305.00$307.50$310.00Jul 31$0.10$2.4024.00
$310.00$315.00$320.00Aug 21$0.20$4.8024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$265.00$270.00Aug 21$0.07$4.9370.43
$265.00$270.00$275.00Aug 21$0.19$4.8125.32
$305.00$307.50$310.00Aug 21$0.10$2.4024.00
$270.00$275.00$280.00Aug 21$0.26$4.7418.23
$260.00$265.00$270.00Jul 31$0.60$4.407.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-4.55, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$290.001:2Aug 21-$4.55$15.45
$330.00$340.001:2Aug 21-$0.68$9.32
$285.00$297.501:2Aug 7-$3.75$8.75
$305.00$315.001:2Aug 14-$2.10$7.90
$312.50$320.001:2Jul 31-$0.31$7.19
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$290.00$277.501:2Aug 7-$1.06$11.44
$255.00$250.001:2Aug 21$0.00$5.00
$297.50$290.001:2Aug 7-$2.55$4.95
$250.00$245.001:2Jul 31-$0.06$4.94
$265.00$260.001:2Aug 21-$0.85$4.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 35 found (best yield 3.85%, avg 1.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$302.50Aug 21$11.600.510.5%3.85%4.33%14
$305.00Aug 28$11.000.491.3%3.65%4.96%1--
$305.00Aug 21$10.200.481.3%3.39%4.70%8170
$305.00Aug 14$9.200.481.3%3.06%4.36%2--
$307.50Aug 21$9.100.452.1%3.02%5.16%5179
$302.50Aug 7$8.900.500.5%2.96%3.43%1--
$310.00Aug 28$8.900.443.0%2.96%5.93%2--
$315.00Sep 4$8.100.394.6%2.69%7.32%11
$305.00Aug 7$8.000.461.3%2.66%3.97%18
$302.50Jul 31$7.800.510.5%2.59%3.07%213334

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 2,105
Total Puts 459
Put/Call Ratio 0.22
Net Difference 1,646

Prior's Put/Call Breakdown

Total Calls 816
Total Puts 836
Put/Call Ratio 1.02
Net Difference -20

Prior 7-Day Put/Call Summary

Total Calls 7,329
Total Puts 5,195
Average Put/Call Ratio 0.85
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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