Tour v456
CI
THE CIGNA GROUP
$296.47 -1.52%
$298.68 (+0.75%)🌙
as of 07/29 06:01 PM
7/29 18:01

Option Volume

Detail
Current (07/29) 4,032
Calls: 1,580 (39%)
Puts: 2,452 (61%)
Prior (07/28) 2,564
Calls: 2,105 (82%)
Puts: 459 (18%)
Current vs Prior +57.25%
Calls: -24.94% (Calls)
Puts: +434.20% (Puts)
Prior 7-Day Total 13,378
Calls: 8,525 (64%)
Puts: 4,853 (36%)
Prior 7-Day Average 1,911
Calls: 1,217 (64%)
Puts: 693 (36%)
Current vs Prior 7-Day Avg +110.97%
Calls: +29.74%
Puts: +253.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/29) $2.43M
Calls: $1.09M (45%)
Puts: $1.33M (55%)
Prior (07/28) $3.59M
Calls: $3.28M (92%)
Puts: $304.2K (8%)
Current vs Prior -32.38%
Calls: -66.75%
Puts: +338.77%
Prior 7-Day Total $12.93M
Calls: $8.93M (69%)
Puts: $4.00M (31%)
Prior 7-Day Average $1.85M
Calls: $1.28M (69%)
Puts: $571.0K (31%)
Current vs Prior 7-Day Avg +31.39%
Calls: -14.41%
Puts: +133.75%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/29) 1.55
Prior (07/28) 0.22
Current vs Prior +611.71%
Prior 7-Day Average 0.75
Current vs Prior 7-Day Avg +106.19%
Sentiment BEARISH

Open Interest

Detail
Current (07/29) 82,918
Calls: 58,041 (70%)
Puts: 24,877 (30%)
Prior (07/28) 29,483
Calls: 18,709 (63%)
Puts: 10,774 (37%)
Current vs Prior +181.24%
Prior 7-Day Total 157,127
Calls: 111,656 (71%)
Puts: 45,471 (29%)
Prior 7-Day Average 22,446
Calls: 15,950 (71%)
Puts: 6,495 (29%)
Current vs Prior 7-Day Avg +269.40%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 6.36% | 7.29%8.63% | 12.21%
Prior 6.59% | 7.09%8.52% | 11.96%
Current vs Prior -3.57% | +2.74%+1.35% | +2.11%
Prior 7-Day Avg 4.50% | 7.30%9.16% | 12.79%
Current vs 7-Day Avg +41.39% | -0.15%-5.74% | -4.52%
Prior 7-Day Eod 6.59% | 7.09%8.52% | 11.96%
Current vs 7-Day Eod -3.57% | +2.74%+1.35% | +2.11%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 12.27% | 16.26%
Calls: 13.02% | 12.00%
Puts: 11.52% | 20.51%
Prior 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs Prior -77.55% | +64.08%
Prior 7-Day Avg 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs 7-Day Avg -77.55% | +64.08%
Liquidity Expensive
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🤖 AI Insights

Above-average activity with volume up 57% vs prior. Volume explosion - 111% above 7-day average (4,032 vs avg 1,911). Extreme bearish P/C ratio of 1.55 - heavy put buying. P/C ratio rising 612% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 4 of results (avg 8.9%, best 7.4%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 741.5044.70$43.107.4%160.92--
$255.00Jul 3140.4044.20$42.309.0%10.96--
$260.00Aug 2137.7041.50$39.609.6%10.8958
$265.00Jul 3131.3034.50$32.909.7%10.951
PUTS (0)
No puts meet the criteria

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. 46 found (avg delta 0.67, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Jul 3140.4044.20$42.309.0%10.96--
$265.00Jul 3131.3034.50$32.909.7%10.951
$255.00Aug 741.5044.70$43.107.4%160.92--
$260.00Aug 2137.7041.50$39.609.6%10.8958
$275.00Jul 3122.4025.50$23.9512.9%--0.8718
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Aug 2124.4027.60$26.0012.3%40.765
$310.00Aug 1416.4020.30$18.3521.3%--0.6615
$310.00Aug 2118.3020.30$19.3010.4%--0.6417
$305.00Jul 3110.8014.00$12.4025.8%60.6310
$302.50Jul 3110.4012.40$11.4017.5%60.58174

Most actively traded options today. High liquidity = easy entry/exit. 117 active (total vol 2.7K, top 759)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Jul 312.055.50$3.7891.3%7590.29118
$300.00Jul 316.408.70$7.5530.5%860.47884
$320.00Jul 310.902.70$1.80100.0%580.16124
$315.00Jul 310.853.00$1.93111.4%570.1930
$307.50Jul 312.905.00$3.9553.2%400.3221
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 311.254.00$2.63104.6%7000.2073
$285.00Jul 313.605.40$4.5040.0%1630.29363
$290.00Jul 313.807.30$5.5563.1%620.3612
$297.50Jul 317.509.90$8.7027.6%580.491
$270.00Jul 310.751.60$1.1872.0%470.1084

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 42 strikes (avg 144.8%, max 189.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$285.00Jul 31Aug 28110.8%38.9%184.7%14208
$350.00Jul 31Aug 21108.6%38.3%183.5%121
$295.00Jul 31Sep 499.4%35.6%179.1%482
$325.00Jul 31Aug 28101.1%37.2%171.9%1856
$320.00Jul 31Aug 28100.1%37.9%164.5%58137
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Jul 31Aug 21125.1%43.3%189.1%958
$285.00Jul 31Aug 28110.8%38.9%184.7%164365
$262.50Jul 31Aug 21131.0%46.4%182.1%728
$295.00Jul 31Sep 499.4%35.6%179.1%222
$270.00Jul 31Aug 28107.6%39.1%174.8%4885

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 107 found (best R:R 40.67, avg 4.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$320.00Jul 31$0.13$4.87$0.1337.46$315.13
$307.50$310.00Jul 31$0.17$2.33$0.1713.71$307.67
$330.00$335.00Jul 31$0.43$4.57$0.4310.63$330.43
$320.00$340.00Aug 14$1.90$18.10$1.909.53$321.90
$325.00$330.00Jul 31$0.50$4.50$0.509.00$325.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$260.00$255.00Jul 31$0.12$4.88$0.1240.67$259.88
$250.00$240.00Aug 21$0.27$9.73$0.2736.04$249.73
$275.00$272.50Aug 21$0.12$2.38$0.1219.83$274.88
$255.00$250.00Aug 21$0.31$4.69$0.3115.13$254.69
$265.00$250.00Aug 28$1.05$13.95$1.0513.29$263.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 15.67, avg 1.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$265.00Jul 31$9.40$9.40$0.6015.67$264.40
$285.00$287.50Jul 31$2.35$2.35$0.1515.67$287.35
$255.00$275.00Aug 7$18.20$18.20$1.8010.11$273.20
$265.00$272.50Jul 31$6.80$6.80$0.709.71$271.80
$272.50$275.00Jul 31$2.15$2.15$0.356.14$274.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$310.00Aug 21$6.70$6.70$3.302.03$313.30
$310.00$302.50Aug 21$4.95$4.95$2.551.94$305.05
$285.00$282.50Aug 21$1.60$1.60$0.901.78$283.40
$300.00$297.50Jul 31$1.50$1.50$1.001.50$298.50
$310.00$300.00Aug 14$5.95$5.95$4.051.47$304.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $1.45, cheapest $0.18)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$340.00Aug 14Aug 21$0.1850.1%43.1%
$320.00Jul 31Aug 7$0.37100.1%49.5%
$350.00Jul 31Aug 21$0.37108.6%38.3%
$325.00Jul 31Aug 7$0.40101.1%50.9%
$255.00Jul 31Aug 7$0.80125.1%72.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$277.50Jul 31Aug 7$0.22107.9%52.1%
$260.00Jul 31Aug 7$0.63117.6%64.8%
$250.00Jul 31Aug 21$0.7298.4%44.2%
$270.00Jul 31Aug 7$0.82107.6%58.9%
$255.00Jul 31Aug 14$0.92125.1%55.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 5.77% of stock, avg 8.32%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$297.50Jul 31$8.40$8.70$17.10$280.40$314.605.77%
$295.00Jul 31$10.15$7.50$17.65$277.35$312.655.95%
$300.00Jul 31$7.55$10.20$17.75$282.25$317.755.99%
$302.50Jul 31$6.45$11.40$17.85$284.65$320.356.02%
$305.00Jul 31$5.55$12.40$17.95$287.05$322.956.05%
$292.50Jul 31$11.65$6.60$18.25$274.25$310.756.16%
$290.00Jul 31$12.90$5.55$18.45$271.55$308.456.22%
$287.50Jul 31$14.10$4.55$18.65$268.85$306.156.29%
$297.50Aug 7$10.25$10.25$20.50$277.00$318.006.91%
$300.00Aug 7$9.40$11.15$20.55$279.45$320.556.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 110 found (cheapest 1.00% of stock, avg 4.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$340.00$255.00Aug 14$1.55$1.40$2.95$252.05$342.95
$340.00$275.00Aug 14$1.55$3.20$4.75$270.25$344.75
$320.00$255.00Aug 14$3.45$1.40$4.85$250.15$324.85
$315.00$255.00Aug 14$4.70$1.40$6.10$248.90$321.10
$320.00$275.00Aug 14$3.45$3.20$6.65$268.35$326.65
$325.00$270.00Aug 28$3.72$3.43$7.15$262.85$332.15
$340.00$285.00Aug 14$1.55$5.90$7.45$277.55$347.45
$310.00$255.00Aug 14$6.25$1.40$7.65$247.35$317.65
$315.00$275.00Aug 14$4.70$3.20$7.90$267.10$322.90
$325.00$275.00Aug 28$3.72$4.50$8.22$266.78$333.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 194 found (best R:R 74.00, avg credit $3.30)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
260/262265/272Jul 31$7.40$0.1074.00$255.10$272.40
250/255265/272Jul 31$7.23$0.2726.78$247.77$272.23
275/278300/302Aug 21$2.40$0.1024.00$275.10$302.40
282/285288/290Jul 31$2.37$0.1318.23$282.63$289.87
278/280295/298Aug 7$2.35$0.1515.67$277.65$297.35
270/272295/298Aug 21$2.33$0.1713.71$270.17$297.33
270/272298/300Aug 21$2.33$0.1713.71$270.17$299.83
265/270275/280Jul 31$4.65$0.3513.29$265.35$279.65
278/280285/290Aug 7$4.65$0.3513.29$275.35$289.65
275/278285/290Aug 21$4.65$0.3513.29$272.85$289.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 45 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Jul 31$0.07$4.9370.43
$325.00$330.00$335.00Jul 31$0.07$4.9370.43
$290.00$295.00$300.00Aug 14$0.10$4.9049.00
$320.00$325.00$330.00Aug 21$0.24$4.7619.83
$325.00$330.00$335.00Aug 21$0.28$4.7216.86
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$285.00$290.00$295.00Aug 28$0.20$4.8024.00
$265.00$270.00$275.00Aug 28$0.39$4.6111.82
$280.00$285.00$290.00Aug 7$0.40$4.6011.50
$245.00$250.00$255.00Jul 31$0.48$4.529.42
$292.50$295.00$297.50Aug 7$0.25$2.259.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 58 found (best net $-0.65, 50 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$255.00$275.001:2Aug 7-$6.70$13.30
$335.00$345.001:2Jul 31-$1.36$8.64
$310.00$320.001:2Aug 28-$1.90$8.10
$300.00$310.001:2Aug 14-$2.70$7.30
$300.00$310.001:2Aug 28-$3.60$6.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$265.00$250.001:2Aug 28-$0.65$14.35
$250.00$240.001:2Aug 21-$0.23$9.77
$270.00$260.001:2Aug 7-$0.46$9.54
$285.00$275.001:2Aug 14-$0.50$9.50
$285.00$275.001:2Aug 28-$1.30$8.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 39 found (best yield 3.85%, avg 1.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$297.50Aug 21$11.400.510.3%3.85%4.19%14
$300.00Aug 28$10.300.491.2%3.47%4.66%15
$300.00Aug 21$9.500.481.2%3.20%4.40%11438
$297.50Aug 7$9.200.510.3%3.10%3.45%154
$300.00Aug 7$8.100.481.2%2.73%3.92%215
$302.50Aug 21$8.000.452.0%2.70%4.73%24
$305.00Aug 21$7.900.422.9%2.66%5.54%3177
$300.00Aug 14$7.600.481.2%2.56%3.75%--14
$297.50Jul 31$7.500.510.3%2.53%2.88%26229
$307.50Aug 21$6.900.393.7%2.33%6.05%1180

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 1,580
Total Puts 2,452
Put/Call Ratio 1.55
Net Difference -872

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 8,525
Total Puts 4,853
Average Put/Call Ratio 0.75
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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Chart Title

Price — Past 7 Days

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