Tour v452
CMS
CMS ENERGY CORP
$74.37 +0.13%
$75.02 (+0.88%)🌙
as of 07/28 06:01 PM
(7/28 14:14) ◀
|
Tuesday, July 28, 2026 (6:01pm)
January 2026
|
▶ (7/29 18:27)
◀ 7/28 18:01 ▶

Option Volume

Detail
ℹ
Current (07/28) 178
Calls: 92 (52%)
Puts: 86 (48%)
Prior (07/27) 674
Calls: 297 (44%)
Puts: 377 (56%)
Current vs Prior -73.59%
Calls: -69.02% (Calls)
Puts: -77.19% (Puts)
Prior 7-Day Total 1,551
Calls: 1,066 (69%)
Puts: 485 (31%)
Prior 7-Day Average 221
Calls: 152 (69%)
Puts: 69 (31%)
Current vs Prior 7-Day Avg -19.66%
Calls: -39.59%
Puts: +24.12%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/28) $38.1K
Calls: $17.1K (45%)
Puts: $21.0K (55%)
Prior (07/27) $112.4K
Calls: $34.7K (31%)
Puts: $77.8K (69%)
Current vs Prior -66.11%
Calls: -50.71%
Puts: -72.97%
Prior 7-Day Total $207.7K
Calls: $102.1K (49%)
Puts: $105.7K (51%)
Prior 7-Day Average $29.7K
Calls: $14.6K (49%)
Puts: $15.1K (51%)
Current vs Prior 7-Day Avg +28.41%
Calls: +17.24%
Puts: +39.20%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/28) 0.93
Prior (07/27) 1.27
Current vs Prior -26.36%
Prior 7-Day Average 0.89
Current vs Prior 7-Day Avg +5.46%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/28) 3,858
Calls: 2,873 (74%)
Puts: 985 (26%)
Prior (07/27) 3,278
Calls: 2,659 (81%)
Puts: 619 (19%)
Current vs Prior +17.69%
Prior 7-Day Total 8,230
Calls: 6,856 (83%)
Puts: 1,374 (17%)
Prior 7-Day Average 1,175
Calls: 979 (81%)
Puts: 229 (19%)
Current vs Prior 7-Day Avg +228.14%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/21) | Next (09/18)
Current 4.57% | 5.96%
Prior 4.87% | 7.34%
Current vs Prior -6.20% | -18.82%
Prior 7-Day Avg 5.46% | 7.39%
Current vs 7-Day Avg -16.22% | -19.36%
Prior 7-Day Eod 4.87% | 7.34%
Current vs 7-Day Eod -6.20% | -18.82%
Sentiment BULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 22.56% | 14.65%
Calls: 23.65% | 17.78%
Puts: 21.47% | 11.52%
Prior 23.25% | 42.35%
Calls: 26.09% | 61.76%
Puts: 20.41% | 22.95%
Current vs Prior -2.97% | -65.41%
Prior 7-Day Avg 45.01% | 17.87%
Calls: 51.02% | 19.31%
Puts: 39.01% | 16.43%
Current vs 7-Day Avg -49.88% | -18.02%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Light premium activity with dollar volume down 66% vs prior. Below-average activity with volume down 74% vs prior. P/C ratio dropping 26% - sentiment shifting bullish. Call-heavy open interest (2,873 calls vs 985 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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
💧 Low Volume

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

No options available for this category

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. 2 found (avg delta 0.72, highest 0.89)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 214.506.50$5.5036.4%250.8925
$75.00Aug 211.802.20$2.0020.0%--0.56264

Most actively traded options today. High liquidity = easy entry/exit. 4 active (total vol 88, top 35)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 211.001.80$1.4057.1%350.44359
$80.00Aug 210.050.40$0.23152.2%60.11305
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 214.506.50$5.5036.4%250.8925
$70.00Aug 210.300.65$0.4872.9%220.18122

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 2 found (best R:R 3.27, avg 2.78)

BULL CALL (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$80.00Aug 21$1.17$3.83$1.173.27$76.17
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$70.00Aug 21$1.52$3.48$1.522.29$73.48

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 3 found (best R:R 2.33, avg 1.03)

BEAR CALL (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$80.00Aug 21$1.17$1.17$3.830.31$76.17
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$75.00Aug 21$3.50$3.50$1.502.33$76.50
$75.00$70.00Aug 21$1.52$1.52$3.480.44$73.48

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 2 found (cheapest 4.57% of stock, avg 6.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$75.00Aug 21$1.40$2.00$3.40$71.60$78.404.57%
$80.00Aug 21$0.23$5.50$5.73$74.27$85.737.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 6 found (cheapest 0.82% of stock, avg 1.48%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$80.00$60.00Aug 21$0.23$0.38$0.61$59.39$80.61
$80.00$70.00Aug 21$0.23$0.48$0.71$69.29$80.71
$85.00$60.00Aug 21$0.38$0.38$0.76$59.24$85.76
$85.00$70.00Aug 21$0.38$0.48$0.86$69.14$85.86
$75.00$60.00Aug 21$1.40$0.38$1.78$58.22$76.78
$75.00$70.00Aug 21$1.40$0.48$1.88$68.12$76.88

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 2 found (best R:R 2.79, cheapest $1.32)

CALLS (1)
LowMidHighExpiryDebitMax GainR:R
$75.00$80.00$85.00Aug 21$1.32$3.682.79
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$70.00$75.00$80.00Aug 21$1.98$3.021.53

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 5 found (best net $-0.28, 2 credits)

CALLS (2)
Buy KSell KRatioExpiryNetMax Gain
$80.00$85.001:2Aug 21-$0.53$4.47
$75.00$80.001:2Aug 21$0.94$4.06
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$70.00$60.001:2Aug 21-$0.28$9.72
$75.00$70.001:2Aug 21$1.04$3.96
$80.00$75.001:2Aug 21$1.50$3.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 1 found (best yield 1.34%, avg 1.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$75.00Aug 21$1.000.440.8%1.34%2.19%35359

Historical option prices for this thinly-traded ticker. Live quotes are wide and stale — use where each contract actually traded plus its 30-day range to place a limit order. 44 contracts (avg 100 vol/day, 33 traded recently)

CMS averages only 100 option contracts/day, so quotes are thin and bid/ask spreads run wide. Use the last actually-traded price below to set a limit order rather than chasing the displayed ask. Most tradeable call: the $35.00 09-18 call last traded $41.98 on 07/02 (now $37.50/$41.50) — try a limit near $39.50. Also watch the $75.00 12-18 call last traded $2.35 on 07/21 (now $3.20/$4.00) — try a limit near $3.20; the $65.00 03-19 call last traded $11.07 on 07/20 (now $10.40/$13.20) — try a limit near $11.07. Most tradeable put: the $100.00 03-19 put last traded $26.02 on 07/17 (now $24.10/$27.00) — try a limit near $25.55.
CALLS (24)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Aug 21$1.00$1.80$1.40$1.50 07/24$0.65–$4.00$1.40359
$75.00Sep 18$1.65$2.20$1.93$1.70 07/22$1.15–$4.40$1.70186
$75.00Dec 18$3.20$4.00$3.60$2.35 07/21$2.58–$5.95$3.20331
$70.00Sep 18$4.90$7.20$6.05$3.81 06/08$3.80–$7.95$4.907
$70.00Dec 18$6.20$8.30$7.25$5.99 07/22$5.20–$9.65$6.2025
$70.00Mar 19$6.60$9.90$8.25$8.80 07/24$6.10–$8.25$8.251
$80.00Aug 21$0.05$0.40$0.23$0.21 07/24$0.13–$1.23$0.21305
$80.00Sep 18$0.30$0.70$0.50$0.75 07/24$0.43–$1.80$0.50860
$80.00Dec 18$0.95$1.90$1.42$0.90 07/21$0.98–$2.95$0.95101
$80.00Mar 19$0.80$4.30$2.55--$2.55–$2.55—$0.801
$65.00Dec 18$10.40$12.90$11.65$10.35 07/20$8.95–$13.45$10.40--
$65.00Mar 19$10.40$13.20$11.80$11.07 07/20$9.90–$12.25$11.071
$65.00Sep 18$8.70$11.80$10.25--$9.85–$10.25$8.702
$85.00Aug 21$0.00$0.75$0.38$0.08 07/10$0.05–$1.08$0.0810
$85.00Sep 18$0.00$0.75$0.38$0.12 07/14$0.20–$1.15$0.12446
$85.00Dec 18$0.00$2.10$1.05$0.45 06/05$0.53–$1.50$0.4555
$85.00Mar 19$0.00$2.90$1.45$1.10 07/20$1.20–$1.65$1.101
$90.00Dec 18$0.00$2.35$1.18$0.30 07/24$0.25–$1.23$0.3052
$90.00Sep 18$0.00$0.75$0.38--$0.05–$0.38--24
$55.00Sep 18$18.50$21.60$20.05--$19.15–$20.05$18.501
$55.00Dec 18$18.70$22.10$20.40--$20.35–$20.40$18.702
$95.00Mar 19$0.00$2.25$1.13$0.60 07/20$0.60–$1.23$0.601
$95.00Dec 18$0.00$2.05$1.02--$0.70–$1.02--101
$35.00Sep 18$37.50$41.50$39.50$41.98 07/02$37.35–$42.70$39.501
PUTS (20)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Aug 21$1.80$2.20$2.00$2.50 07/16$1.38–$3.28$2.00264
$75.00Sep 18$2.35$2.65$2.50$3.10 07/23$1.83–$4.05$2.50135
$75.00Dec 18$3.50$4.00$3.75$3.66 07/24$2.75–$4.75$3.6622
$70.00Aug 21$0.30$0.65$0.48$0.80 07/23$0.48–$1.27$0.48122
$70.00Sep 18$0.65$1.40$1.02$1.05 07/24$0.75–$1.65$1.02170
$70.00Dec 18$1.85$2.35$2.10$2.55 07/20$1.58–$2.93$2.1018
$80.00Dec 18$5.50$7.10$6.30$5.50 07/02$4.95–$8.40$5.5040
$80.00Sep 18$4.20$6.90$5.55--$5.55–$6.40$4.209
$80.00Aug 21$4.50$6.50$5.50--$5.50–$5.50—$4.5025
$65.00Aug 21$0.05$0.80$0.43$0.44 07/21$0.35–$1.25$0.434
$65.00Sep 18$0.20$0.70$0.45$0.75 07/21$0.38–$1.40$0.4541
$65.00Dec 18$0.75$2.05$1.40$1.35 07/22$0.83–$1.92$1.3523
$85.00Aug 21$9.00$11.30$10.15$9.10 07/08$8.00–$13.25$9.10--
$60.00Dec 18$0.35$1.05$0.70$1.15 06/09$0.53–$1.55$0.702
$60.00Sep 18$0.05$0.40$0.23--$0.23–$0.40$0.053
$60.00Aug 21$0.00$0.75$0.38--$0.38–$0.38—--94
$55.00Dec 18$0.00$1.85$0.93$0.65 06/09$0.55–$1.43$0.658
$55.00Sep 18$0.00$0.75$0.38--$0.38–$0.60--1
$50.00Dec 18$0.00$2.40$1.20$0.75 06/09$0.48–$1.35$0.753
$100.00Mar 19$24.10$27.00$25.55$26.02 07/17$25.55–$27.95$25.551

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 92
Total Puts 86
Put/Call Ratio 0.93
Net Difference 6

Prior's Put/Call Breakdown

Total Calls 297
Total Puts 377
Put/Call Ratio 1.27
Net Difference -80

Prior 7-Day Put/Call Summary

Total Calls 1,066
Total Puts 485
Average Put/Call Ratio 0.89
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...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All