Tour v477
CI
THE CIGNA GROUP
$279.05 -2.99%
$279.50 (+0.16%)🌙
as of 07/31 06:21 PM
7/31 18:21

Option Volume

Detail
Current (07/31) 4,131
Calls: 1,501 (36%)
Puts: 2,630 (64%)
Prior (07/30) 8,343
Calls: 3,708 (44%)
Puts: 4,635 (56%)
Current vs Prior -50.49%
Calls: -59.52% (Calls)
Puts: -43.26% (Puts)
Prior 7-Day Total 23,856
Calls: 12,174 (51%)
Puts: 11,682 (49%)
Prior 7-Day Average 3,408
Calls: 1,739 (51%)
Puts: 1,668 (49%)
Current vs Prior 7-Day Avg +21.21%
Calls: -13.69%
Puts: +57.59%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $3.05M
Calls: $1.30M (42%)
Puts: $1.76M (58%)
Prior (07/30) $4.25M
Calls: $2.63M (62%)
Puts: $1.63M (38%)
Current vs Prior -28.16%
Calls: -50.65%
Puts: +8.15%
Prior 7-Day Total $17.10M
Calls: $11.06M (65%)
Puts: $6.04M (35%)
Prior 7-Day Average $2.44M
Calls: $1.58M (65%)
Puts: $863.0K (35%)
Current vs Prior 7-Day Avg +25.00%
Calls: -18.00%
Puts: +103.72%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31) 1.75
Prior (07/30) 1.25
Current vs Prior +40.17%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg +62.36%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 21,987
Calls: 10,572 (48%)
Puts: 11,415 (52%)
Prior (07/30) 85,555
Calls: 59,022 (69%)
Puts: 26,533 (31%)
Current vs Prior -74.30%
Prior 7-Day Total 352,526
Calls: 243,058 (69%)
Puts: 109,468 (31%)
Prior 7-Day Average 50,360
Calls: 34,722 (69%)
Puts: 15,638 (31%)
Current vs Prior 7-Day Avg -56.34%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.10% | 3.85%6.25% | 11.02%
Prior 2.43% | 4.47%6.54% | 10.95%
Current vs Prior +58.76% | +20.33%-4.32% | +0.63%
Prior 7-Day Avg 5.17% | 6.82%8.44% | 12.16%
Current vs 7-Day Avg -25.53% | -21.21%-25.87% | -9.35%
Prior 7-Day Eod 1.19% | 3.87%6.54% | 10.95%
Current vs 7-Day Eod +224.09% | +38.99%-4.32% | +0.63%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 75.29% | 9.03%
Calls: 89.40% | 8.96%
Puts: 61.18% | 9.09%
Prior 75.29% | 9.03%
Calls: 89.40% | 8.96%
Puts: 61.18% | 9.09%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 50.12% | 11.39%
Calls: 57.52% | 9.47%
Puts: 44.55% | 12.17%
Current vs 7-Day Avg +50.21% | -20.70%
Liquidity Expensive
+
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🤖 AI Insights

Below-average activity with volume down 50% vs prior. Extreme bearish P/C ratio of 1.75 - heavy put buying. P/C ratio rising 40% - increased hedging/bearish positioning. Declining open interest (down 74%) indicates positions being closed.

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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 6.8%, best 5.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Aug 2144.5047.10$45.805.7%40.97--
$230.00Sep 449.3052.90$51.107.0%20.93--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Aug 2113.4014.40$13.907.2%20.69174
$280.00Aug 146.507.00$6.757.4%120.50--

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. 28 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 310.002.30$1.15200.0%31.0010
$255.00Jul 3123.4026.10$24.7510.9%10.99--
$235.00Aug 2144.5047.10$45.805.7%40.97--
$230.00Sep 449.3052.90$51.107.0%20.93--
$265.00Jul 3113.4016.10$14.7518.3%40.86--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 310.351.40$0.88119.3%6111.00626
$295.00Aug 714.2016.80$15.5016.8%10.89--
$292.50Jul 3111.4014.20$12.8021.9%20.8528
$290.00Jul 319.3011.70$10.5022.9%20.8331
$287.50Jul 316.409.00$7.7033.8%330.8148

Most actively traded options today. High liquidity = easy entry/exit. 123 active (total vol 2.4K, top 611)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 211.501.85$1.6820.8%1270.17434
$292.50Jul 310.002.15$1.08199.1%1000.16107
$280.00Aug 217.508.30$7.9010.1%740.5087
$295.00Aug 141.401.95$1.6732.9%550.1915
$295.00Jul 310.002.15$1.08199.1%510.15162
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 310.351.40$0.88119.3%6111.00626
$285.00Jul 313.906.40$5.1548.5%4840.78680
$285.00Aug 77.408.70$8.0516.1%2540.6836
$287.50Jul 316.409.00$7.7033.8%330.8148
$282.50Jul 311.404.00$2.7096.3%230.7229

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 1223.4%, max 3584.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$315.00Jul 31Sep 41173.4%31.9%3584.1%327
$310.00Jul 31Aug 281016.7%29.1%3389.5%5--
$302.50Jul 31Aug 21873.0%30.0%2806.5%76
$295.00Jul 31Aug 21672.6%29.6%2175.2%53193
$300.00Jul 31Aug 28673.8%31.4%2043.1%26785
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$265.00Jul 31Aug 28677.7%29.8%2173.9%164
$255.00Jul 31Sep 11545.6%31.5%1634.6%452
$290.00Jul 31Aug 21521.4%30.1%1633.9%4205
$270.00Jul 31Sep 11483.4%29.2%1554.0%3109
$287.50Jul 31Aug 7446.8%30.9%1348.2%3449

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 70 found (best R:R 165.67, avg 8.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$325.00$330.00Aug 21$0.13$4.87$0.1337.46$325.13
$302.50$320.00Aug 21$0.70$16.80$0.7024.00$303.20
$295.00$297.50Aug 7$0.13$2.37$0.1318.23$295.13
$295.00$300.00Aug 14$0.32$4.68$0.3214.63$295.32
$320.00$325.00Aug 21$0.32$4.68$0.3214.63$320.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$260.00$240.00Aug 14$0.12$19.88$0.12165.67$259.88
$255.00$250.00Aug 21$0.18$4.82$0.1826.78$254.82
$250.00$240.00Aug 21$0.40$9.60$0.4024.00$249.60
$270.00$267.50Aug 7$0.17$2.33$0.1713.71$269.83
$255.00$230.00Sep 11$1.87$23.13$1.8712.37$253.13

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 78 found (best R:R 11.50, avg 0.89)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$235.00$277.50Aug 21$36.40$36.40$6.105.97$271.40
$230.00$275.00Sep 4$37.85$37.85$7.155.29$267.85
$275.00$280.00Jul 31$3.60$3.60$1.402.57$278.60
$275.00$280.00Aug 7$3.15$3.15$1.851.70$278.15
$277.50$280.00Aug 21$1.50$1.50$1.001.50$279.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$292.50$290.00Jul 31$2.30$2.30$0.2011.50$290.20
$295.00$287.50Aug 7$5.70$5.70$1.803.17$289.30
$282.50$280.00Jul 31$1.82$1.82$0.682.68$280.68
$282.50$280.00Aug 7$1.80$1.80$0.702.57$280.70
$287.50$285.00Aug 7$1.75$1.75$0.752.33$285.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $1.78, cheapest $0.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$290.00Jul 31Aug 7$0.13521.4%30.3%
$305.00Jul 31Aug 7$0.27474.6%38.3%
$307.50Jul 31Aug 7$0.39673.8%47.2%
$297.50Jul 31Aug 7$0.47353.3%33.3%
$320.00Aug 7Aug 21$0.5249.6%36.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$270.00Jul 31Aug 7$0.32483.4%29.2%
$255.00Jul 31Aug 21$0.88545.6%29.9%
$260.00Aug 14Aug 21$0.9033.9%32.9%
$230.00Aug 21Aug 28$0.9742.4%50.0%
$235.00Aug 21Aug 28$1.0538.4%46.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 0.73% of stock, avg 5.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$280.00Jul 31$1.15$0.88$2.03$277.97$282.030.73%
$275.00Jul 31$4.75$0.63$5.38$269.62$280.381.93%
$285.00Jul 31$1.08$5.15$6.23$278.77$291.232.23%
$287.50Jul 31$1.08$7.70$8.78$278.72$296.283.15%
$280.00Aug 7$4.25$4.85$9.10$270.90$289.103.26%
$282.50Aug 7$3.30$6.65$9.95$272.55$292.453.57%
$275.00Aug 7$7.40$2.80$10.20$264.80$285.203.66%
$285.00Aug 7$2.42$8.05$10.47$274.53$295.473.75%
$290.00Jul 31$1.05$10.50$11.55$278.45$301.554.14%
$287.50Aug 7$1.75$9.80$11.55$275.95$299.054.14%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 122 found (cheapest 0.44% of stock, avg 1.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$290.00$277.50Jul 31$1.05$0.18$1.23$276.27$291.23
$285.00$277.50Jul 31$1.08$0.18$1.26$276.24$286.26
$287.50$277.50Jul 31$1.08$0.18$1.26$276.24$288.76
$292.50$277.50Jul 31$1.08$0.18$1.26$276.24$293.76
$295.00$277.50Jul 31$1.08$0.18$1.26$276.24$296.26
$290.00$272.50Jul 31$1.05$0.60$1.65$270.85$291.65
$285.00$272.50Jul 31$1.08$0.60$1.68$270.82$286.68
$287.50$272.50Jul 31$1.08$0.60$1.68$270.82$289.18
$290.00$275.00Jul 31$1.05$0.63$1.68$273.32$291.68
$292.50$272.50Jul 31$1.08$0.60$1.68$270.82$294.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 209 found (best R:R 18.23, avg credit $2.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
280/282288/290Aug 7$2.37$0.1318.23$280.13$289.87
280/282308/310Aug 7$2.27$0.239.87$280.23$309.77
285/288308/310Aug 7$2.22$0.287.93$285.28$309.72
280/282290/292Aug 7$2.18$0.326.81$280.32$292.18
285/288290/292Aug 7$2.13$0.375.76$285.37$292.13
278/280282/285Aug 7$2.08$0.424.95$277.92$284.58
270/275280/285Aug 21$4.15$0.854.88$270.85$284.15
280/282288/290Aug 14$2.05$0.454.56$280.45$289.55
270/272275/280Aug 7$4.03$0.974.15$268.47$279.03
280/282300/302Aug 7$2.00$0.504.00$280.50$302.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 43 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$287.50$290.00$292.50Jul 31$0.06$2.4440.67
$295.00$297.50$300.00Aug 7$0.06$2.4440.67
$280.00$282.50$285.00Aug 7$0.07$2.4334.71
$297.50$300.00$302.50Aug 21$0.07$2.4334.71
$320.00$325.00$330.00Aug 21$0.19$4.8125.32
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$225.00$230.00$235.00Aug 28$0.06$4.9482.33
$230.00$235.00$240.00Aug 21$0.07$4.9370.43
$282.50$285.00$287.50Jul 31$0.10$2.4024.00
$262.50$265.00$267.50Aug 7$0.12$2.3819.83
$260.00$265.00$270.00Aug 28$0.34$4.6613.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 95 found (best net $-0.96, 74 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$302.50$320.001:2Aug 21$0.00$17.50
$290.00$300.001:2Aug 28-$0.04$9.96
$270.00$280.001:2Aug 14-$1.05$8.95
$310.00$317.501:2Aug 7-$0.26$7.24
$255.00$265.001:2Jul 31-$4.75$5.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$240.001:2Aug 14-$0.96$19.04
$270.00$260.001:2Sep 11-$1.20$8.80
$280.00$270.001:2Sep 11-$2.80$7.20
$240.00$235.001:2Aug 21-$0.21$4.79
$235.00$230.001:2Aug 21-$0.28$4.72

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 2.69%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$280.00Aug 21$7.500.500.3%2.69%3.03%7487
$280.00Aug 14$6.300.510.3%2.26%2.60%31
$285.00Aug 21$5.300.412.1%1.90%4.03%814
$282.50Aug 14$5.000.451.2%1.79%3.03%11
$290.00Aug 28$4.900.363.9%1.76%5.68%5126
$285.00Aug 14$4.100.402.1%1.47%3.60%621
$280.00Aug 7$3.700.480.3%1.33%1.67%1126
$290.00Aug 21$3.600.313.9%1.29%5.21%5467
$287.50Aug 14$3.300.343.0%1.18%4.21%68
$282.50Aug 7$2.900.401.2%1.04%2.28%86

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 1,501
Total Puts 2,630
Put/Call Ratio 1.75
Net Difference -1,129

Prior's Put/Call Breakdown

Total Calls 3,708
Total Puts 4,635
Put/Call Ratio 1.25
Net Difference -927

Prior 7-Day Put/Call Summary

Total Calls 12,174
Total Puts 11,682
Average Put/Call Ratio 1.08
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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