CIFR - Options Database

CIFR

CIPHER DIGITAL INC

$25.68 +4.97%

(7/22 18:13) ◀

Thursday, July 23, 2026 (3:40pm)

▶ (7/23 18:03)

◀ 7/23 15:42 ▶

Option Volume

Detail

ℹ

Current (07/23 3:40pm) 86,969

Calls: 62,325 (72%)

Puts: 24,644 (28%)

Prior (07/22) 90,592

Calls: 34,275 (38%)

Puts: 56,317 (62%)

Current vs Prior -4.00%

Calls: +81.84% (Calls)

Puts: -56.24% (Puts)

Prior 7-Day Total 618,564

Calls: 400,120 (65%)

Puts: 218,444 (35%)

Prior 7-Day Average 88,366

Calls: 57,160 (65%)

Puts: 31,206 (35%)

Current vs Prior 7-Day Avg -1.58%

Calls: +9.04%

Puts: -21.03%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 3:40pm) $33.84M

Calls: $30.24M (89%)

Puts: $3.59M (11%)

Prior (07/22) $20.59M

Calls: $14.24M (69%)

Puts: $6.35M (31%)

Current vs Prior +64.33%

Calls: +112.41%

Puts: -43.42%

Prior 7-Day Total $119.44M

Calls: $81.52M (68%)

Puts: $37.91M (32%)

Prior 7-Day Average $17.06M

Calls: $11.65M (68%)

Puts: $5.42M (32%)

Current vs Prior 7-Day Avg +98.32%

Calls: +159.68%

Puts: -33.63%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/23 3:40pm) 0.40

Prior (07/22) 1.64

Current vs Prior -75.93%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg -25.40%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 3:40pm) 1,326,033

Calls: 854,048 (64%)

Puts: 471,985 (36%)

Prior (07/22) 1,278,917

Calls: 834,628 (65%)

Puts: 444,289 (35%)

Current vs Prior +3.68%

Prior 7-Day Total 8,667,753

Calls: 5,987,361 (69%)

Puts: 2,680,392 (31%)

Prior 7-Day Average 1,238,250

Calls: 855,337 (69%)

Puts: 382,913 (31%)

Current vs Prior 7-Day Avg +7.09%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 7.01% | 16.32%30.50% | 39.74%

Prior 11.03% | 17.99%29.58% | 40.39%

Current vs Prior -36.42% | -9.25%+3.10% | -1.63%

Prior 7-Day Avg 8.79% | 16.16%14.12% | 33.37%

Current vs 7-Day Avg -20.27% | +1.01%+115.98% | +19.07%

Prior 7-Day Eod 11.03% | 17.99%31.48% | 39.45%

Current vs 7-Day Eod -36.42% | -9.25%-3.11% | +0.72%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.09% | 9.53%

Calls: 17.58% | 7.21%

Puts: 14.61% | 11.85%

Prior 10.78% | 10.23%

Calls: 9.16% | 10.05%

Puts: 12.40% | 10.40%

Current vs Prior +49.26% | -6.84%

Prior 7-Day Avg 16.87% | 8.69%

Calls: 17.41% | 9.14%

Puts: 12.60% | 8.24%

Current vs 7-Day Avg -4.62% | +9.61%

Liquidity Expensive

Add Card

🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($30.24M) vs puts ($3.59M). Elevated premium activity with dollar volume up 64% vs prior. Dollar volume significantly above 7-day average (98% higher). Extreme bullish P/C ratio of 0.40 - heavy call buying (62,325 calls vs 24,644 puts).

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 BEARISH

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
15:40	BULLISH	BULLISH	BULLISH
15:05	BULLISH	BEARISH	BEARISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 52 of results (avg 7.8%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 21	6.20	6.45	$6.33	3.9%	36	0.78	824
$27.00	Aug 21	3.10	3.25	$3.18	4.7%	403	0.53	8.5K
$23.00	Aug 21	5.00	5.25	$5.13	4.9%	336	0.69	6.5K
$25.00	Aug 21	3.95	4.20	$4.08	6.1%	508	0.61	12.6K
$24.00	Jul 31	2.80	2.98	$2.89	6.2%	192	0.68	629

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.00	Aug 21	6.20	6.55	$6.38	5.5%	20	0.59	542
$24.50	Jul 31	1.35	1.44	$1.40	6.4%	308	0.36	94
$27.00	Aug 21	4.20	4.50	$4.35	6.9%	153	0.48	349
$30.00	Aug 7	5.50	5.90	$5.70	7.0%	--	0.65	35
$29.00	Aug 21	5.45	5.85	$5.65	7.1%	--	0.56	131

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.80, cheapest $0.55)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.50	Jul 24	0.83	0.99	$0.91	17.6%	570	0.55	530

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Jul 31	0.51	0.59	$0.55	14.5%	104	0.18	927
$22.50	Jul 31	0.59	0.72	$0.66	19.7%	22	0.21	520
$23.00	Jul 31	0.77	0.86	$0.82	11.0%	146	0.25	10.9K
$26.00	Jul 24	0.82	0.95	$0.89	14.6%	965	0.55	56
$21.00	Aug 7	0.92	1.06	$0.99	14.1%	77	0.20	246

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 98 found (avg delta 0.68, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Jul 24	4.60	5.25	$4.93	13.2%	156	1.00	1.1K
$21.50	Jul 24	3.95	4.70	$4.33	17.3%	54	1.00	2.8K
$22.00	Jul 24	3.55	4.15	$3.85	15.6%	95	1.00	3.7K
$22.50	Jul 24	3.00	3.90	$3.45	26.1%	44	0.94	2.5K
$23.00	Jul 24	2.68	3.25	$2.97	19.2%	263	0.92	3.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.00	Jul 24	3.90	4.85	$4.38	21.7%	1	0.96	12
$30.50	Jul 24	4.05	5.55	$4.80	31.2%	--	0.93	24
$29.00	Jul 24	2.59	4.10	$3.35	45.1%	12	0.92	22
$28.50	Jul 24	2.24	3.65	$2.95	47.8%	2	0.91	18
$28.00	Jul 24	2.27	2.63	$2.45	14.7%	--	0.84	45

Most actively traded options today. High liquidity = easy entry/exit. 181 active (total vol 41.6K, top 3.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.00	Aug 21	2.16	2.35	$2.26	8.4%	3.4K	0.41	19.1K
$30.00	Jul 31	0.46	0.71	$0.59	42.4%	2.9K	0.23	756
$28.50	Jul 31	0.94	1.09	$1.02	14.7%	2.5K	0.34	133
$27.00	Jul 24	0.28	0.38	$0.33	30.3%	1.4K	0.27	631
$28.00	Aug 21	2.66	2.89	$2.78	8.3%	1.3K	0.49	7.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Jul 24	0.40	0.54	$0.47	29.8%	1.5K	0.35	422
$24.00	Jul 31	1.12	1.21	$1.17	7.7%	1.2K	0.32	11.1K
$26.00	Jul 24	0.82	0.95	$0.89	14.6%	965	0.55	56
$24.00	Jul 24	0.16	0.21	$0.19	26.3%	786	0.18	255
$23.50	Jul 31	0.94	1.10	$1.02	15.7%	559	0.29	493

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 38 strikes (avg 22.9%, max 54.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$21.00	Jul 24	Aug 28	190.5%	123.1%	54.7%	160	1.1K
$30.50	Jul 24	Aug 7	214.8%	144.0%	49.2%	74	182
$22.50	Jul 24	Aug 28	158.5%	119.5%	32.6%	52	2.5K
$21.50	Jul 24	Aug 28	171.1%	129.3%	32.3%	54	3.1K
$28.00	Jul 24	Aug 28	155.7%	120.1%	29.6%	582	1.4K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$21.00	Jul 24	Aug 28	190.5%	123.2%	54.6%	70	426
$21.50	Jul 24	Aug 28	171.1%	129.4%	32.2%	80	369
$28.00	Jul 24	Aug 28	155.7%	120.0%	29.8%	29	45
$22.00	Jul 24	Aug 28	163.0%	126.6%	28.8%	435	869
$30.00	Jul 24	Aug 28	159.8%	125.2%	27.6%	2	13

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 120 found (best R:R 4.00, avg 1.52)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$29.50	$30.00	Aug 7	$0.11	$0.39	$0.11	3.55	$29.61
$28.00	$29.00	Aug 21	$0.22	$0.78	$0.22	3.55	$28.22
$27.00	$27.50	Jul 24	$0.12	$0.38	$0.12	3.17	$27.12
$28.00	$28.50	Jul 31	$0.12	$0.38	$0.12	3.17	$28.12
$29.00	$29.50	Aug 7	$0.12	$0.38	$0.12	3.17	$29.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$22.00	$21.50	Jul 31	$0.10	$0.40	$0.10	4.00	$21.90
$24.50	$24.00	Jul 24	$0.11	$0.39	$0.11	3.55	$24.39
$22.50	$22.00	Jul 31	$0.11	$0.39	$0.11	3.55	$22.39
$24.00	$23.50	Aug 7	$0.11	$0.39	$0.11	3.55	$23.89
$24.00	$23.50	Aug 14	$0.11	$0.39	$0.11	3.55	$23.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 141 found (best R:R 4.88, avg 1.20)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$22.00	$22.50	Jul 24	$0.40	$0.40	$0.10	4.00	$22.40
$24.00	$24.50	Jul 24	$0.40	$0.40	$0.10	4.00	$24.40
$21.00	$21.50	Aug 28	$0.40	$0.40	$0.10	4.00	$21.40
$21.00	$21.50	Jul 31	$0.39	$0.39	$0.11	3.55	$21.39
$24.50	$25.00	Jul 24	$0.37	$0.37	$0.13	2.85	$24.87

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$30.00	$29.00	Aug 28	$0.83	$0.83	$0.17	4.88	$29.17
$27.50	$27.00	Jul 24	$0.40	$0.40	$0.10	4.00	$27.10
$29.00	$28.50	Jul 24	$0.40	$0.40	$0.10	4.00	$28.60
$30.00	$28.00	Jul 31	$1.52	$1.52	$0.48	3.17	$28.48
$22.50	$22.00	Aug 7	$0.37	$0.37	$0.13	2.85	$22.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 found (avg debit $0.92, cheapest $0.34)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$21.00	Jul 24	Jul 31	$0.39	190.5%	133.0%
$30.50	Jul 24	Jul 31	$0.42	214.8%	125.3%
$22.00	Jul 24	Jul 31	$0.55	163.0%	131.8%
$30.00	Jul 24	Jul 31	$0.56	159.8%	124.1%
$22.50	Jul 24	Jul 31	$0.58	158.5%	129.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$21.00	Jul 24	Jul 31	$0.34	190.5%	132.8%
$21.50	Jul 24	Jul 31	$0.43	171.1%	132.3%
$30.00	Jul 24	Jul 31	$0.47	159.8%	123.9%
$22.00	Jul 24	Jul 31	$0.52	163.0%	131.6%
$22.50	Jul 24	Jul 31	$0.61	158.5%	129.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 85 found (cheapest 6.04% of stock, avg 22.40%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$26.00	Jul 24	$0.66	$0.89	$1.55	$24.45	$27.55	6.04%
$26.50	Jul 24	$0.39	$1.22	$1.61	$24.89	$28.11	6.27%
$25.00	Jul 24	$1.16	$0.47	$1.63	$23.37	$26.63	6.35%
$25.50	Jul 24	$0.91	$0.73	$1.64	$23.86	$27.14	6.39%
$24.50	Jul 24	$1.53	$0.30	$1.83	$22.67	$26.33	7.13%
$27.00	Jul 24	$0.33	$1.58	$1.91	$25.09	$28.91	7.44%
$24.00	Jul 24	$1.93	$0.19	$2.12	$21.88	$26.12	8.26%
$27.50	Jul 24	$0.21	$1.98	$2.19	$25.31	$29.69	8.53%
$23.50	Jul 24	$2.40	$0.11	$2.51	$20.99	$26.01	9.77%
$28.00	Jul 24	$0.17	$2.45	$2.62	$25.38	$30.62	10.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 136 found (cheapest 1.09% of stock, avg 16.14%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$28.00	$23.50	Jul 24	$0.17	$0.11	$0.28	$23.22	$28.28
$27.50	$23.50	Jul 24	$0.21	$0.11	$0.32	$23.18	$27.82
$28.00	$24.00	Jul 24	$0.17	$0.19	$0.36	$23.64	$28.36
$27.50	$24.00	Jul 24	$0.21	$0.19	$0.40	$23.60	$27.90
$27.00	$23.50	Jul 24	$0.33	$0.11	$0.44	$23.06	$27.44
$28.00	$24.50	Jul 24	$0.17	$0.30	$0.47	$24.03	$28.47
$26.50	$23.50	Jul 24	$0.39	$0.11	$0.50	$23.00	$27.00
$27.50	$24.50	Jul 24	$0.21	$0.30	$0.51	$23.99	$28.01
$27.00	$24.00	Jul 24	$0.33	$0.19	$0.52	$23.48	$27.52
$26.50	$24.00	Jul 24	$0.39	$0.19	$0.58	$23.42	$27.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 78 found (best R:R 9.00, avg credit $0.53)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
26/27	29/30	Aug 21	$0.90	$0.10	9.00	$26.10	$29.90
23/24	26/27	Aug 21	$0.87	$0.13	6.69	$23.13	$26.87
24/25	29/30	Aug 21	$0.86	$0.14	6.14	$24.14	$29.86
25/26	29/30	Aug 21	$0.83	$0.17	4.88	$25.17	$29.83
26/27	28/29	Aug 21	$0.82	$0.18	4.56	$26.18	$28.82
22/23	25/26	Jul 31	$0.40	$0.10	4.00	$22.60	$25.40
21/22	24/24	Aug 7	$0.40	$0.10	4.00	$21.10	$24.40
21/22	24/25	Aug 7	$0.40	$0.10	4.00	$21.10	$24.90
23/24	26/26	Jul 31	$0.39	$0.11	3.55	$23.11	$25.89
24/24	25/26	Jul 31	$0.39	$0.11	3.55	$23.61	$25.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 62 found (best R:R 13.29, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$26.00	$27.00	$28.00	Aug 21	$0.10	$0.90	9.00
$23.50	$24.00	$24.50	Jul 31	$0.06	$0.44	7.33
$26.00	$26.50	$27.00	Jul 31	$0.06	$0.44	7.33
$28.50	$29.00	$29.50	Aug 7	$0.06	$0.44	7.33
$24.00	$25.00	$26.00	Aug 21	$0.12	$0.88	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$25.00	$26.00	$27.00	Aug 21	$0.07	$0.93	13.29
$26.00	$27.00	$28.00	Aug 21	$0.08	$0.92	11.50
$23.00	$23.50	$24.00	Jul 24	$0.05	$0.45	9.00
$22.00	$22.50	$23.00	Jul 31	$0.05	$0.45	9.00
$22.00	$22.50	$23.00	Aug 21	$0.05	$0.45	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 18 found (best net $-0.05, 18 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$28.50	$29.00	1:2	Jul 24	-$0.06	$0.44
$27.00	$27.50	1:2	Jul 24	-$0.09	$0.41
$26.00	$26.50	1:2	Jul 24	-$0.12	$0.38
$27.50	$28.00	1:2	Jul 24	-$0.13	$0.37
$30.00	$30.50	1:2	Jul 24	-$0.15	$0.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$23.50	$23.00	1:2	Jul 24	-$0.05	$0.45
$24.50	$24.00	1:2	Jul 24	-$0.08	$0.42
$25.00	$24.50	1:2	Jul 24	-$0.13	$0.37
$30.00	$27.50	1:2	Aug 7	-$2.20	$0.30
$25.50	$25.00	1:2	Jul 24	-$0.21	$0.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 13.63%, avg 7.73%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$26.00	Aug 21	$3.50	0.57	1.2%	13.63%	14.88%	73	4.3K
$26.00	Aug 28	$3.50	0.57	1.2%	13.63%	14.88%	11	186
$26.50	Aug 28	$3.50	0.56	3.2%	13.63%	16.82%	12	33
$27.00	Sep 4	$3.50	0.54	5.1%	13.63%	18.77%	1	--
$27.00	Aug 28	$3.25	0.54	5.1%	12.66%	17.80%	5	446
$26.00	Aug 14	$3.10	0.57	1.2%	12.07%	13.32%	17	175
$27.00	Aug 21	$3.10	0.53	5.1%	12.07%	17.21%	403	8.5K
$27.50	Aug 28	$3.10	0.52	7.1%	12.07%	19.16%	20	65
$26.00	Sep 4	$3.10	0.57	1.2%	12.07%	13.32%	2	--
$26.50	Aug 14	$2.90	0.55	3.2%	11.29%	14.49%	14	131

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 62,325

Total Puts 24,644

Put/Call Ratio 0.40

Net Difference 37,681

Prior's Put/Call Breakdown

Total Calls 34,275

Total Puts 56,317

Put/Call Ratio 1.64

Net Difference -22,042

Prior 7-Day Put/Call Summary

Total Calls 400,120

Total Puts 218,444

Average Put/Call Ratio 0.53

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

Add Card