Tour v492
CI
THE CIGNA GROUP
$270.50 -1.30%
$270.80 (+0.11%)🌙
as of 08/05 06:34 PM
8/5 18:34

Option Volume

Detail
Current (08/05) 2,650
Calls: 1,777 (67%)
Puts: 873 (33%)
Prior (08/04) 3,828
Calls: 1,738 (45%)
Puts: 2,090 (55%)
Current vs Prior -30.77%
Calls: +2.24% (Calls)
Puts: -58.23% (Puts)
Prior 7-Day Total 26,693
Calls: 12,440 (47%)
Puts: 14,253 (53%)
Prior 7-Day Average 3,813
Calls: 1,777 (47%)
Puts: 2,036 (53%)
Current vs Prior 7-Day Avg -30.51%
Calls: -0.01%
Puts: -57.12%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05) $2.21M
Calls: $1.50M (68%)
Puts: $707.9K (32%)
Prior (08/04) $2.57M
Calls: $1.51M (59%)
Puts: $1.06M (41%)
Current vs Prior -14.06%
Calls: -0.50%
Puts: -33.35%
Prior 7-Day Total $19.49M
Calls: $11.91M (61%)
Puts: $7.58M (39%)
Prior 7-Day Average $2.78M
Calls: $1.70M (61%)
Puts: $1.08M (39%)
Current vs Prior 7-Day Avg -20.55%
Calls: -11.61%
Puts: -34.61%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05) 0.49
Prior (08/04) 1.20
Current vs Prior -59.15%
Prior 7-Day Average 1.17
Current vs Prior 7-Day Avg -57.85%
Sentiment BULLISH

Open Interest

Detail
Current (08/05) 39,161
Calls: 27,395 (70%)
Puts: 11,766 (30%)
Prior (08/04) 46,491
Calls: 30,553 (66%)
Puts: 15,938 (34%)
Current vs Prior -15.77%
Prior 7-Day Total 322,613
Calls: 216,399 (67%)
Puts: 106,214 (33%)
Prior 7-Day Average 46,087
Calls: 30,914 (67%)
Puts: 15,173 (33%)
Current vs Prior 7-Day Avg -15.03%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.77% | 4.70%5.27% | 10.28%
Prior 2.86% | 4.65%5.66% | 10.38%
Current vs Prior -2.96% | +0.92%-6.86% | -1.00%
Prior 7-Day Avg 4.62% | 5.87%7.21% | 11.30%
Current vs 7-Day Avg -39.94% | -20.03%-26.94% | -9.04%
Prior 7-Day Eod 2.86% | 4.65%5.66% | 10.38%
Current vs 7-Day Eod -2.96% | +0.92%-6.86% | -1.00%
Sentiment BULLISHBULLISH

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 60.39% | 10.31%
Calls: 70.28% | 9.39%
Puts: 50.51% | 11.22%
Current vs 7-Day Avg +24.67% | -12.45%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($1.50M). Extreme bullish P/C ratio of 0.49 - heavy call buying (1,777 calls vs 873 puts). P/C ratio dropping 59% - sentiment shifting bullish. Call-heavy open interest (27,395 calls vs 11,766 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 BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 8.3%, best 6.1%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Sep 186.707.30$7.008.6%180.383.3K
$240.00Sep 1832.3035.20$33.758.6%10.87--
$270.00Sep 1810.8011.80$11.308.8%250.511.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Sep 1816.0017.00$16.506.1%160.62473
$270.00Sep 1810.2010.90$10.556.6%250.491.5K
$250.00Sep 183.403.70$3.558.5%160.21611
$302.50Aug 730.0032.80$31.408.9%40.92--
$300.00Aug 727.5030.10$28.809.0%11.00--

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. 33 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 714.8017.70$16.2517.8%140.9515
$245.00Sep 427.3030.20$28.7510.1%140.88--
$240.00Sep 1832.3035.20$33.758.6%10.87--
$260.00Aug 1411.4014.10$12.7521.2%10.8110
$260.00Aug 2814.2016.50$15.3515.0%80.72--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 727.5030.10$28.809.0%11.00--
$295.00Aug 1422.5025.40$23.9512.1%100.991
$282.50Aug 710.3013.00$11.6523.2%10.96--
$285.00Aug 712.7015.30$14.0018.6%10.95--
$280.00Aug 78.3010.70$9.5025.3%40.92--

Most actively traded options today. High liquidity = easy entry/exit. 109 active (total vol 1.6K, top 137)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$282.50Aug 212.102.55$2.3319.3%1370.25104
$277.50Aug 70.501.20$0.8582.4%1060.2019
$280.00Aug 70.150.70$0.43127.9%1060.12157
$300.00Aug 210.100.95$0.53160.4%580.07489
$270.00Aug 72.704.70$3.7054.1%570.56--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Aug 2118.1021.00$19.5514.8%580.86--
$262.50Aug 70.200.75$0.48114.6%460.1216
$265.00Aug 70.601.15$0.8862.5%440.2130
$265.00Aug 142.054.30$3.1870.8%360.3229
$267.50Aug 70.953.30$2.13110.3%250.3418

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 29 strikes (avg 40.5%, max 165.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Aug 7Aug 21109.1%41.2%165.1%3--
$290.00Aug 7Sep 1864.3%29.5%117.6%11459
$285.00Aug 7Aug 2849.9%30.0%66.1%581
$287.50Aug 7Aug 1444.9%29.5%52.1%677
$270.00Aug 7Sep 1839.8%27.7%43.8%821.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Aug 7Sep 1150.9%30.4%67.0%519
$267.50Aug 7Aug 2146.3%28.9%60.3%3347
$260.00Aug 7Sep 1842.1%28.7%46.8%20847
$282.50Aug 7Aug 1440.9%28.0%46.0%2--
$270.00Aug 7Sep 1839.8%27.7%43.8%501.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 73 found (best R:R 106.14, avg 7.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$290.00$320.00Aug 7$0.28$29.72$0.28106.14$290.28
$300.00$320.00Aug 21$0.28$19.72$0.2870.43$300.28
$280.00$282.50Aug 7$0.13$2.37$0.1318.23$280.13
$295.00$300.00Aug 21$0.32$4.68$0.3214.63$295.32
$290.00$295.00Aug 21$0.33$4.67$0.3314.15$290.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$260.00$255.00Aug 7$0.13$4.87$0.1337.46$259.87
$245.00$240.00Aug 21$0.15$4.85$0.1532.33$244.85
$262.50$260.00Aug 7$0.15$2.35$0.1515.67$262.35
$240.00$230.00Sep 18$0.65$9.35$0.6514.38$239.35
$255.00$250.00Aug 14$0.45$4.55$0.4510.11$254.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 74.00, avg 2.12)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$267.50Aug 7$11.20$11.20$1.308.62$266.20
$245.00$265.00Sep 4$16.15$16.15$3.854.19$261.15
$240.00$270.00Sep 18$22.45$22.45$7.552.97$262.45
$260.00$265.00Aug 14$3.70$3.70$1.302.85$263.70
$265.00$267.50Aug 14$1.80$1.80$0.702.57$266.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$300.00$285.00Aug 7$14.80$14.80$0.2074.00$285.20
$285.00$282.50Aug 7$2.35$2.35$0.1515.67$282.65
$295.00$282.50Aug 14$11.45$11.45$1.0510.90$283.55
$282.50$280.00Aug 7$2.15$2.15$0.356.14$280.35
$280.00$277.50Aug 7$2.05$2.05$0.454.56$277.95

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 29 found (avg debit $1.62, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$320.00Aug 7Aug 21$0.10109.1%41.2%
$295.00Aug 14Aug 21$0.4734.0%31.6%
$287.50Aug 7Aug 14$0.5244.9%29.5%
$290.00Aug 7Aug 14$0.5564.3%36.6%
$285.00Aug 7Aug 14$0.8049.9%31.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$250.00Aug 14Aug 21$0.6335.6%32.9%
$255.00Aug 7Aug 14$0.7050.9%34.8%
$282.50Aug 7Aug 14$0.8540.9%28.0%
$245.00Aug 21Sep 4$0.8533.6%30.9%
$280.00Aug 7Aug 14$1.0537.7%29.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 2.35% of stock, avg 5.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$270.00Aug 7$3.70$2.65$6.35$263.65$276.352.35%
$272.50Aug 7$2.60$3.80$6.40$266.10$278.902.37%
$275.00Aug 7$1.40$5.50$6.90$268.10$281.902.55%
$267.50Aug 7$5.05$2.13$7.18$260.32$274.682.65%
$277.50Aug 7$0.85$7.45$8.30$269.20$285.803.07%
$280.00Aug 7$0.43$9.50$9.93$270.07$289.933.67%
$272.50Aug 14$4.85$6.20$11.05$261.45$283.554.09%
$270.00Aug 14$6.50$4.90$11.40$258.60$281.404.21%
$267.50Aug 14$7.25$4.25$11.50$256.00$279.004.25%
$282.50Aug 7$0.30$11.65$11.95$270.55$294.454.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 109 found (cheapest 0.26% of stock, avg 2.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$285.00$260.00Aug 7$0.38$0.33$0.71$259.29$285.71
$280.00$260.00Aug 7$0.43$0.33$0.76$259.24$280.76
$285.00$262.50Aug 7$0.38$0.48$0.86$261.64$285.86
$280.00$262.50Aug 7$0.43$0.48$0.91$261.59$280.91
$277.50$260.00Aug 7$0.85$0.33$1.18$258.82$278.68
$285.00$265.00Aug 7$0.38$0.88$1.26$263.74$286.26
$280.00$265.00Aug 7$0.43$0.88$1.31$263.69$281.31
$277.50$262.50Aug 7$0.85$0.48$1.33$261.17$278.83
$275.00$260.00Aug 7$1.40$0.33$1.73$258.27$276.73
$277.50$265.00Aug 7$0.85$0.88$1.73$263.27$279.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 217 found (best R:R 15.67, avg credit $2.20)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
265/268270/272Aug 7$2.35$0.1515.67$265.15$272.35
278/280285/288Aug 7$2.30$0.2011.50$277.70$287.30
272/275278/280Aug 14$2.30$0.2011.50$272.70$279.80
260/262270/272Aug 21$2.30$0.2011.50$260.20$272.30
250/255265/270Sep 4$4.55$0.4510.11$250.45$269.55
270/272278/280Aug 14$2.25$0.259.00$270.25$279.75
260/262272/275Aug 21$2.25$0.259.00$260.25$274.75
265/268270/272Aug 21$2.25$0.259.00$265.25$272.25
268/270272/275Aug 21$2.25$0.259.00$267.75$274.75
275/278285/288Aug 7$2.20$0.307.33$275.30$287.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 41 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$270.00$272.50$275.00Aug 21$0.05$2.4549.00
$277.50$280.00$282.50Aug 21$0.08$2.4230.25
$280.00$282.50$285.00Aug 21$0.09$2.4126.78
$285.00$290.00$295.00Aug 21$0.19$4.8125.32
$275.00$277.50$280.00Aug 7$0.13$2.3718.23
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.12$4.8840.67
$275.00$277.50$280.00Aug 7$0.10$2.4024.00
$277.50$280.00$282.50Aug 7$0.10$2.4024.00
$267.50$270.00$272.50Aug 21$0.10$2.4024.00
$250.00$255.00$260.00Aug 14$0.23$4.7720.74

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 74 found (best net $-1.05, 60 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$295.00$305.001:2Aug 14-$0.22$9.78
$290.00$300.001:2Sep 18-$0.60$9.40
$300.00$310.001:2Sep 18-$0.76$9.24
$280.00$290.001:2Sep 18-$1.00$9.00
$260.00$270.001:2Aug 28-$2.45$7.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$295.00$282.501:2Aug 14-$1.05$11.45
$260.00$250.001:2Sep 18-$0.70$9.30
$250.00$240.001:2Sep 18-$0.85$9.15
$240.00$230.001:2Sep 18-$0.90$9.10
$270.00$260.001:2Sep 18-$2.25$7.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 2.48%, avg 0.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$280.00Sep 18$6.700.383.5%2.48%5.99%183.3K
$272.50Aug 21$5.500.470.7%2.03%2.77%11
$275.00Aug 21$4.300.411.7%1.59%3.25%43
$272.50Aug 14$4.200.480.7%1.55%2.29%310
$290.00Sep 18$3.700.257.2%1.37%8.58%7396
$277.50Aug 21$3.600.362.6%1.33%3.92%12--
$280.00Aug 21$2.800.303.5%1.04%4.55%43163
$285.00Aug 28$2.700.265.4%1.00%6.36%3--
$277.50Aug 14$2.250.332.6%0.83%3.42%31
$282.50Aug 21$2.100.254.4%0.78%5.21%137104

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 1,777
Total Puts 873
Put/Call Ratio 0.49
Net Difference 904

Prior's Put/Call Breakdown

Total Calls 1,738
Total Puts 2,090
Put/Call Ratio 1.20
Net Difference -352

Prior 7-Day Put/Call Summary

Total Calls 12,440
Total Puts 14,253
Average Put/Call Ratio 1.17
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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