CIFR - Options Database

CIFR

CIPHER DIGITAL INC

$21.23 -8.32%

(7/24 01:41) ◀

Monday, July 27, 2026 (3:05pm)

▶ (7/27 18:04)

◀ 7/27 15:05 ▶

Option Volume

Detail

ℹ

Current (07/27 3:05pm) 98,024

Calls: 77,677 (79%)

Puts: 20,347 (21%)

Prior (07/22) 90,592

Calls: 34,275 (38%)

Puts: 56,317 (62%)

Current vs Prior +8.20%

Calls: +126.63% (Calls)

Puts: -63.87% (Puts)

Prior 7-Day Total 659,413

Calls: 398,578 (60%)

Puts: 260,835 (40%)

Prior 7-Day Average 94,201

Calls: 56,939 (60%)

Puts: 37,262 (40%)

Current vs Prior 7-Day Avg +4.06%

Calls: +36.42%

Puts: -45.39%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/27 3:05pm) $12.15M

Calls: $8.56M (70%)

Puts: $3.60M (30%)

Prior (07/22) $20.59M

Calls: $14.24M (69%)

Puts: $6.35M (31%)

Current vs Prior -40.98%

Calls: -39.89%

Puts: -43.41%

Prior 7-Day Total $130.60M

Calls: $89.10M (68%)

Puts: $41.50M (32%)

Prior 7-Day Average $18.66M

Calls: $12.73M (68%)

Puts: $5.93M (32%)

Current vs Prior 7-Day Avg -34.86%

Calls: -32.76%

Puts: -39.36%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/27 3:05pm) 0.26

Prior (07/22) 1.64

Current vs Prior -84.06%

Prior 7-Day Average 0.71

Current vs Prior 7-Day Avg -63.07%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/27 3:05pm) 1,205,399

Calls: 830,347 (69%)

Puts: 375,052 (31%)

Prior (07/22) 1,278,917

Calls: 834,628 (65%)

Puts: 444,289 (35%)

Current vs Prior -5.75%

Prior 7-Day Total 8,733,279

Calls: 5,979,933 (68%)

Puts: 2,753,346 (32%)

Prior 7-Day Average 1,247,611

Calls: 854,276 (68%)

Puts: 393,335 (32%)

Current vs Prior 7-Day Avg -3.38%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 14.04% | 23.17%28.87% | 39.47%

Prior 9.28% | 17.07%30.85% | 39.88%

Current vs Prior +51.28% | +35.75%-6.39% | -1.01%

Prior 7-Day Avg 8.23% | 16.15%16.64% | 34.32%

Current vs 7-Day Avg +70.50% | +43.47%+73.50% | +15.02%

Prior 7-Day Eod 9.28% | 17.07%30.89% | 39.44%

Current vs 7-Day Eod +51.28% | +35.75%-6.51% | +0.09%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.41% | 7.12%

Calls: 12.08% | 9.35%

Puts: 12.75% | 4.88%

Prior 17.80% | 11.59%

Calls: 13.27% | 12.50%

Puts: 22.32% | 10.68%

Current vs Prior -30.28% | -38.57%

Prior 7-Day Avg 18.29% | 9.27%

Calls: 18.20% | 9.66%

Puts: 15.00% | 8.88%

Current vs 7-Day Avg -32.14% | -23.22%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($8.56M). Extreme bullish P/C ratio of 0.26 - heavy call buying (77,677 calls vs 20,347 puts). P/C ratio dropping 84% - sentiment shifting bullish. Call-heavy open interest (830,347 calls vs 375,052 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 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	BULLISH	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

🎯

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 60 of results (avg 7.3%, best 3.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Aug 21	2.96	3.10	$3.03	4.6%	36	0.58	870
$21.50	Aug 21	2.75	2.89	$2.82	5.0%	11	0.55	685
$22.00	Aug 21	2.53	2.68	$2.61	5.7%	9	0.53	3.7K
$22.50	Aug 21	2.34	2.49	$2.42	6.2%	24	0.50	17
$20.00	Aug 21	3.35	3.60	$3.48	7.2%	25	0.63	2.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$23.00	Aug 21	3.90	4.05	$3.97	3.8%	133	0.52	905
$22.00	Aug 7	2.69	2.81	$2.75	4.4%	56	0.50	118
$21.00	Aug 21	2.71	2.84	$2.78	4.7%	2.0K	0.42	575
$21.50	Aug 7	2.40	2.52	$2.46	4.9%	28	0.46	44
$20.00	Aug 21	2.19	2.30	$2.25	4.9%	115	0.37	3.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.57, cheapest $0.15)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Jul 31	0.24	0.27	$0.26	11.5%	458	0.16	1.8K
$24.50	Jul 31	0.30	0.36	$0.33	18.2%	689	0.20	585
$23.50	Jul 31	0.51	0.58	$0.54	13.0%	397	0.28	1.1K
$23.00	Jul 31	0.65	0.72	$0.69	10.1%	414	0.34	1.2K
$22.50	Jul 31	0.77	0.88	$0.83	13.3%	457	0.39	231

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Jul 31	0.14	0.16	$0.15	13.3%	1.4K	0.08	6.6K
$19.00	Jul 31	0.44	0.51	$0.48	14.6%	125	0.22	460
$17.00	Aug 7	0.59	0.69	$0.64	15.6%	17	0.17	203
$20.00	Jul 31	0.78	0.87	$0.83	10.8%	1.7K	0.33	4.0K
$18.00	Aug 7	0.85	0.98	$0.92	14.1%	33	0.23	185

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 77 found (avg delta 0.64, highest 0.92)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Jul 31	3.85	5.30	$4.58	31.7%	--	0.92	17
$17.50	Jul 31	3.40	4.80	$4.10	34.1%	3	0.89	99
$18.00	Jul 31	3.20	4.45	$3.83	32.6%	3	0.86	59
$17.00	Aug 7	4.40	6.65	$5.53	40.7%	--	0.82	31
$18.50	Jul 31	3.00	4.00	$3.50	28.6%	--	0.82	44

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Jul 31	3.90	4.50	$4.20	14.3%	30	0.83	188
$24.50	Jul 31	3.50	3.75	$3.63	6.9%	4	0.80	335
$24.00	Jul 31	3.10	3.35	$3.23	7.7%	122	0.76	11.5K
$23.50	Jul 31	2.73	2.88	$2.81	5.3%	74	0.71	645
$25.00	Aug 7	4.60	5.35	$4.97	15.1%	15	0.68	52

Most actively traded options today. High liquidity = easy entry/exit. 147 active (total vol 28.6K, top 3.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$24.00	Aug 21	1.81	1.98	$1.90	8.9%	3.4K	0.42	3.9K
$23.00	Aug 21	2.14	2.31	$2.23	7.6%	2.3K	0.47	6.3K
$24.00	Jul 31	0.36	0.49	$0.43	30.2%	1.2K	0.24	1.5K
$21.00	Jul 31	1.40	1.58	$1.49	12.1%	706	0.56	584
$24.50	Jul 31	0.30	0.36	$0.33	18.2%	689	0.20	585

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Jul 31	1.18	1.30	$1.24	9.7%	3.4K	0.44	3.0K
$21.00	Aug 21	2.71	2.84	$2.78	4.7%	2.0K	0.42	575
$20.00	Jul 31	0.78	0.87	$0.83	10.8%	1.7K	0.33	4.0K
$17.00	Jul 31	0.14	0.16	$0.15	13.3%	1.4K	0.08	6.6K
$21.50	Jul 31	1.39	1.58	$1.49	12.8%	932	0.50	1.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 34 strikes (avg 21.4%, max 31.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$18.50	Jul 31	Aug 28	160.6%	125.0%	28.5%	--	86
$20.00	Jul 31	Aug 28	156.8%	122.9%	27.6%	43	692
$17.00	Jul 31	Aug 21	163.4%	130.4%	25.3%	--	65
$17.50	Jul 31	Aug 28	161.0%	129.1%	24.7%	3	110
$19.00	Jul 31	Sep 4	154.1%	125.3%	23.0%	3	61

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$17.00	Jul 31	Sep 4	163.4%	124.0%	31.7%	1.4K	6.6K
$20.00	Jul 31	Sep 4	156.8%	121.0%	29.6%	1.8K	4.0K
$18.50	Jul 31	Aug 28	160.6%	125.0%	28.5%	70	625
$23.00	Jul 31	Sep 4	150.0%	119.5%	25.5%	165	11.9K
$17.50	Jul 31	Aug 28	161.0%	129.1%	24.7%	209	8.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 120 found (best R:R 3.55, avg 1.48)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$23.50	$24.00	Jul 31	$0.11	$0.39	$0.11	3.55	$23.61
$24.00	$24.50	Aug 7	$0.11	$0.39	$0.11	3.55	$24.11
$22.50	$23.00	Jul 31	$0.14	$0.36	$0.14	2.57	$22.64
$23.50	$24.00	Aug 14	$0.14	$0.36	$0.14	2.57	$23.64
$24.00	$24.50	Aug 14	$0.14	$0.36	$0.14	2.57	$24.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$17.50	$17.00	Aug 7	$0.11	$0.39	$0.11	3.55	$17.39
$18.50	$18.00	Aug 28	$0.11	$0.39	$0.11	3.55	$18.39
$18.50	$18.00	Jul 31	$0.12	$0.38	$0.12	3.17	$18.38
$21.00	$20.50	Aug 28	$0.13	$0.37	$0.13	2.85	$20.87
$21.00	$20.50	Aug 7	$0.14	$0.36	$0.14	2.57	$20.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 134 found (best R:R 4.00, avg 1.04)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$18.50	$19.00	Aug 28	$0.37	$0.37	$0.13	2.85	$18.87
$20.50	$21.00	Jul 31	$0.35	$0.35	$0.15	2.33	$20.85
$17.00	$18.00	Aug 14	$0.67	$0.67	$0.33	2.03	$17.67
$18.00	$18.50	Jul 31	$0.33	$0.33	$0.17	1.94	$18.33
$19.00	$19.50	Jul 31	$0.33	$0.33	$0.17	1.94	$19.33

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$24.50	$24.00	Jul 31	$0.40	$0.40	$0.10	4.00	$24.10
$23.50	$23.00	Aug 14	$0.38	$0.38	$0.12	3.17	$23.12
$23.50	$23.00	Jul 31	$0.37	$0.37	$0.13	2.85	$23.13
$20.50	$20.00	Aug 7	$0.37	$0.37	$0.13	2.85	$20.13
$24.00	$23.50	Aug 7	$0.37	$0.37	$0.13	2.85	$23.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 34 found (avg debit $0.84, cheapest $0.28)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$18.50	Jul 31	Aug 7	$0.28	160.6%	158.4%
$19.00	Jul 31	Aug 7	$0.60	154.1%	156.6%
$19.50	Jul 31	Aug 7	$0.65	155.5%	158.8%
$25.00	Jul 31	Aug 7	$0.76	144.7%	154.1%
$18.00	Jul 31	Aug 7	$0.80	157.5%	159.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.00	Jul 31	Aug 7	$0.49	163.4%	160.7%
$17.50	Jul 31	Aug 7	$0.54	161.0%	157.7%
$18.00	Jul 31	Aug 7	$0.65	157.5%	159.3%
$18.50	Jul 31	Aug 7	$0.69	160.6%	158.4%
$19.00	Jul 31	Aug 7	$0.76	154.1%	156.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 74 found (cheapest 12.76% of stock, avg 24.90%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$21.50	Jul 31	$1.22	$1.49	$2.71	$18.79	$24.21	12.76%
$21.00	Jul 31	$1.49	$1.24	$2.73	$18.27	$23.73	12.86%
$22.00	Jul 31	$1.04	$1.79	$2.83	$19.17	$24.83	13.33%
$20.50	Jul 31	$1.84	$1.00	$2.84	$17.66	$23.34	13.38%
$20.00	Jul 31	$2.08	$0.83	$2.91	$17.09	$22.91	13.71%
$22.50	Jul 31	$0.83	$2.09	$2.92	$19.58	$25.42	13.75%
$23.00	Jul 31	$0.69	$2.44	$3.13	$19.87	$26.13	14.74%
$19.50	Jul 31	$2.55	$0.64	$3.19	$16.31	$22.69	15.03%
$23.50	Jul 31	$0.54	$2.81	$3.35	$20.15	$26.85	15.78%
$19.00	Jul 31	$2.88	$0.48	$3.36	$15.64	$22.36	15.83%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 125 found (cheapest 5.04% of stock, avg 19.05%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$24.00	$19.50	Jul 31	$0.43	$0.64	$1.07	$18.43	$25.07
$23.50	$19.50	Jul 31	$0.54	$0.64	$1.18	$18.32	$24.68
$24.00	$20.00	Jul 31	$0.43	$0.83	$1.26	$18.74	$25.26
$23.00	$19.50	Jul 31	$0.69	$0.64	$1.33	$18.17	$24.33
$23.50	$20.00	Jul 31	$0.54	$0.83	$1.37	$18.63	$24.87
$24.00	$20.50	Jul 31	$0.43	$1.00	$1.43	$19.07	$25.43
$22.50	$19.50	Jul 31	$0.83	$0.64	$1.47	$18.03	$23.97
$23.00	$20.00	Jul 31	$0.69	$0.83	$1.52	$18.48	$24.52
$23.50	$20.50	Jul 31	$0.54	$1.00	$1.54	$18.96	$25.04
$22.50	$20.00	Jul 31	$0.83	$0.83	$1.66	$18.34	$24.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 79 found (best R:R 4.00, avg credit $0.42)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
20/20	22/22	Aug 7	$0.40	$0.10	4.00	$19.60	$22.40
19/20	23/24	Aug 14	$0.40	$0.10	4.00	$19.10	$23.40
17/18	20/20	Aug 21	$0.40	$0.10	4.00	$17.10	$20.40
19/20	22/22	Aug 21	$0.40	$0.10	4.00	$19.10	$22.40
19/20	22/23	Aug 21	$0.40	$0.10	4.00	$19.10	$22.90
22/22	22/23	Aug 28	$0.40	$0.10	4.00	$21.60	$22.90
22/22	24/24	Aug 28	$0.40	$0.10	4.00	$21.60	$23.90
18/18	21/22	Jul 31	$0.39	$0.11	3.55	$18.11	$21.39
17/18	19/20	Aug 7	$0.39	$0.11	3.55	$17.11	$19.39
18/18	20/21	Aug 7	$0.39	$0.11	3.55	$17.61	$20.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$22.00	$22.50	$23.00	Jul 31	$0.07	$0.43	6.14
$19.50	$20.00	$20.50	Aug 14	$0.07	$0.43	6.14
$20.50	$21.00	$21.50	Jul 31	$0.08	$0.42	5.25
$21.00	$21.50	$22.00	Jul 31	$0.09	$0.41	4.56
$22.00	$22.50	$23.00	Aug 28	$0.10	$0.40	4.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$21.00	$21.50	$22.00	Jul 31	$0.05	$0.45	9.00
$22.00	$22.50	$23.00	Jul 31	$0.05	$0.45	9.00
$17.50	$18.00	$18.50	Jul 31	$0.06	$0.44	7.33
$17.00	$17.50	$18.00	Aug 7	$0.06	$0.44	7.33
$17.00	$17.50	$18.00	Aug 21	$0.06	$0.44	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-1.59, 13 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$19.00	$22.50	1:2	Sep 4	-$1.59	$1.91
$24.50	$25.00	1:2	Jul 31	-$0.19	$0.31
$24.00	$24.50	1:2	Jul 31	-$0.23	$0.27
$23.50	$24.00	1:2	Jul 31	-$0.32	$0.18
$23.00	$23.50	1:2	Jul 31	-$0.39	$0.11

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.00	$17.00	1:2	Aug 14	-$0.54	$0.46
$17.50	$17.00	1:2	Jul 31	-$0.09	$0.41
$18.00	$17.50	1:2	Jul 31	-$0.15	$0.35
$18.50	$18.00	1:2	Jul 31	-$0.15	$0.35
$19.00	$18.50	1:2	Jul 31	-$0.30	$0.20

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 12.95%, avg 7.65%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$21.50	Aug 21	$2.75	0.55	1.3%	12.95%	14.23%	11	685
$22.50	Sep 4	$2.63	0.52	6.0%	12.39%	18.37%	2	--
$22.00	Aug 28	$2.58	0.53	3.6%	12.15%	15.78%	9	23
$21.50	Aug 28	$2.55	0.55	1.3%	12.01%	13.28%	20	232
$22.00	Aug 21	$2.53	0.53	3.6%	11.92%	15.54%	9	3.7K
$21.50	Aug 14	$2.37	0.54	1.3%	11.16%	12.44%	23	22
$22.50	Aug 21	$2.34	0.50	6.0%	11.02%	17.00%	24	17
$22.50	Aug 28	$2.21	0.50	6.0%	10.41%	16.39%	--	11
$22.00	Aug 14	$2.16	0.51	3.6%	10.17%	13.80%	156	101
$23.00	Aug 21	$2.14	0.47	8.3%	10.08%	18.42%	2.3K	6.3K

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 77,677

Total Puts 20,347

Put/Call Ratio 0.26

Net Difference 57,330

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 398,578

Total Puts 260,835

Average Put/Call Ratio 0.71

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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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

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