Tour v418
CMS
CMS ENERGY CORP
$74.05 -0.88%
(7/24 02:01) ◀
|
Monday, July 27, 2026 (2:05pm)
January 2026
|
▶ (7/27 18:00)
◀ 7/27 14:09 ▶

Option Volume

Detail
ℹ
Current (07/27 2:05pm) 565
Calls: 278 (49%)
Puts: 287 (51%)
Prior --
Calls: 43 (66%)
Puts: 22 (34%)
Current vs Prior +0.00%
Calls: +546.51% (Calls)
Puts: +1204.55% (Puts)
Prior 7-Day Total 141
Calls: 95 (67%)
Puts: 46 (33%)
Prior 7-Day Average 70
Calls: 13 (67%)
Puts: 6 (33%)
Current vs Prior 7-Day Avg +701.42%
Calls: +1948.42%
Puts: +4267.39%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 2:05pm) $108.6K
Calls: $31.7K (29%)
Puts: $76.9K (71%)
Prior --
Calls: $4.5K (70%)
Puts: $2.0K (30%)
Current vs Prior +0.00%
Calls: +604.38%
Puts: +3801.68%
Prior 7-Day Total $21.5K
Calls: $19.4K (90%)
Puts: $2.2K (10%)
Prior 7-Day Average $10.8K
Calls: $2.8K (90%)
Puts: $308 (10%)
Current vs Prior 7-Day Avg +908.50%
Calls: +1045.30%
Puts: +24855.52%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 2:05pm) 1.03
Prior 1.00
Current vs Prior +3.24%
Prior 7-Day Average 0.49
Current vs Prior 7-Day Avg +112.19%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 2:05pm) 3,278
Calls: 2,659 (81%)
Puts: 619 (19%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 4,111
Calls: 3,295 (80%)
Puts: 816 (20%)
Prior 7-Day Average 2,055
Calls: 1,647 (80%)
Puts: 408 (20%)
Current vs Prior 7-Day Avg +59.47%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/21) | Next (09/18)
Current 4.86% | 6.93%
Prior 3.38% | 6.02%
Current vs Prior +43.86% | +15.03%
Prior 7-Day Avg 3.27% | 5.70%
Current vs 7-Day Avg +48.73% | +21.63%
Prior 7-Day Eod 3.38% | 6.02%
Current vs 7-Day Eod +43.86% | +15.03%
Sentiment BEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 23.25% | 42.35%
Calls: 26.09% | 61.76%
Puts: 20.41% | 22.95%
Prior 94.95% | 49.59%
Calls: 96.77% | 47.27%
Puts: 93.14% | 51.91%
Current vs Prior -75.51% | -14.60%
Prior 7-Day Avg 94.95% | 49.59%
Calls: 96.77% | 47.27%
Puts: 93.14% | 51.91%
Current vs 7-Day Avg -75.51% | -14.60%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 71% put dollar volume ($76.9K). Dollar volume significantly above 7-day average (909% higher). Volume explosion - 707% above 7-day average (565 vs avg 70). Slightly bearish P/C ratio of 1.03.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:10BULLISHBULLISHBULLISH
14:05BEARISHNEUTRALBEARISH

📈 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 0.77, highest 0.92)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 215.306.80$6.0524.8%250.92--
$75.00Aug 212.202.70$2.4520.4%2500.6121

Most actively traded options today. High liquidity = easy entry/exit. 6 active (total vol 553, top 270)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 211.001.30$1.1526.1%2700.39151
$80.00Aug 210.100.15$0.1338.5%20.07305
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 212.202.70$2.4520.4%2500.6121
$80.00Aug 215.306.80$6.0524.8%250.92--
$60.00Aug 210.000.25$0.13192.3%50.04--
$70.00Aug 210.551.15$0.8570.6%10.24122

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. 3 found (best R:R 12.89, avg 6.30)

BULL CALL (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$80.00Aug 21$1.02$3.98$1.023.90$76.02
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$70.00$60.00Aug 21$0.72$9.28$0.7212.89$69.28
$75.00$70.00Aug 21$1.60$3.40$1.602.12$73.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 4 found (best R:R 2.57, avg 0.84)

BEAR CALL (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$80.00Aug 21$1.02$1.02$3.980.26$76.02
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$75.00Aug 21$3.60$3.60$1.402.57$76.40
$75.00$70.00Aug 21$1.60$1.60$3.400.47$73.40
$70.00$60.00Aug 21$0.72$0.72$9.280.08$69.28

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 4.86% of stock, avg 6.61%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$75.00Aug 21$1.15$2.45$3.60$71.40$78.604.86%
$80.00Aug 21$0.13$6.05$6.18$73.82$86.188.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 3 found (cheapest 1.32% of stock, avg 1.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$80.00$70.00Aug 21$0.13$0.85$0.98$69.02$80.98
$85.00$70.00Aug 21$0.38$0.85$1.23$68.77$86.23
$75.00$70.00Aug 21$1.15$0.85$2.00$68.00$77.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 0.21, avg credit $1.74)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
60/7075/80Aug 21$1.74$8.260.21$68.26$76.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 2 found (best R:R 2.94, cheapest $1.27)

CALLS (1)
LowMidHighExpiryDebitMax GainR:R
$75.00$80.00$85.00Aug 21$1.27$3.732.94
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$70.00$75.00$80.00Aug 21$2.00$3.001.50

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 $-0.63, 1 credits)

CALLS (2)
Buy KSell KRatioExpiryNetMax Gain
$80.00$85.001:2Aug 21-$0.63$4.37
$75.00$80.001:2Aug 21$0.89$4.11
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$70.00$60.001:2Aug 21$0.59$9.41
$75.00$70.001:2Aug 21$0.75$4.25
$80.00$75.001:2Aug 21$1.15$3.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 1.35%, avg 0.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$75.00Aug 21$1.000.391.3%1.35%2.63%270151
$80.00Aug 21$0.100.078.0%0.14%8.17%2305

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. 33 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 $80.00 09-18 call last traded $0.75 on 07/24 (now $0.40/$0.85) — try a limit near $0.63. Also watch the $90.00 12-18 call last traded $0.30 on 07/24 (now $0.15/$0.40) — try a limit near $0.28; the $75.00 08-21 call last traded $1.50 on 07/24 (now $0.85/$2.60) — try a limit near $1.50.
CALLS (18)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Aug 21$0.85$2.60$1.73$1.50 07/24$0.65–$4.43$1.5090
$75.00Sep 18$1.95$3.70$2.83$1.70 07/22$1.15–$5.25$1.95--
$75.00Dec 18$2.25$5.30$3.78$2.35 07/21$2.58–$6.25$2.35--
$70.00Sep 18$4.40$6.90$5.65$3.81 06/08$3.80–$9.10$4.40--
$70.00Dec 18$5.80$8.30$7.05$5.99 07/22$5.20–$9.65$5.99--
$70.00Mar 19$7.60$8.80$8.20$8.80 07/24$6.10–$8.20$8.20--
$80.00Aug 21$0.10$0.45$0.28$0.21 07/24$0.13–$1.58$0.21304
$80.00Sep 18$0.40$0.85$0.63$0.75 07/24$0.43–$2.23$0.63681
$80.00Dec 18$0.25$3.10$1.68$0.90 07/21$0.98–$3.00$0.90--
$65.00Dec 18$9.80$12.30$11.05$10.35 07/20$8.95–$14.05$10.35--
$65.00Mar 19$11.20$13.30$12.25$11.07 07/20$9.90–$12.25$11.20--
$85.00Aug 21$0.00$0.75$0.38$0.08 07/10$0.05–$1.23$0.08--
$85.00Sep 18$0.00$1.15$0.57$0.12 07/14$0.20–$1.15$0.12--
$85.00Dec 18$0.00$2.80$1.40$0.45 06/05$0.53–$1.50$0.45--
$85.00Mar 19$0.00$2.95$1.48$1.10 07/20$1.20–$1.65$1.10--
$90.00Dec 18$0.15$0.40$0.28$0.30 07/24$0.25–$1.23$0.2851
$95.00Mar 19$0.00$2.25$1.13$0.60 07/20$0.60–$1.23$0.60--
$35.00Sep 18$37.80$41.90$39.85$41.98 07/02$37.35–$43.80$39.85--
PUTS (15)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Aug 21$0.80$3.40$2.10$2.50 07/16$1.27–$3.28$2.10--
$75.00Sep 18$2.30$2.95$2.63$3.10 07/23$1.65–$4.05$2.63--
$75.00Dec 18$3.10$4.90$4.00$3.66 07/24$2.35–$4.75$3.66--
$70.00Aug 21$0.05$1.20$0.63$0.80 07/23$0.48–$1.27$0.63--
$70.00Sep 18$0.80$1.35$1.08$1.05 07/24$0.70–$1.65$1.05--
$70.00Dec 18$1.85$2.65$2.25$2.55 07/20$1.48–$2.93$2.25--
$80.00Dec 18$5.30$7.60$6.45$5.50 07/02$4.45–$8.40$5.50--
$65.00Aug 21$0.05$1.75$0.90$0.44 07/21$0.35–$1.25$0.44--
$65.00Sep 18$0.10$2.65$1.38$0.75 07/21$0.38–$1.40$0.75--
$65.00Dec 18$0.30$3.20$1.75$1.35 07/22$0.83–$1.92$1.35--
$85.00Aug 21$9.20$12.00$10.60$9.10 07/08$7.55–$13.25$9.20--
$60.00Dec 18$0.00$1.05$0.53$1.15 06/09$0.53–$1.55$0.53--
$55.00Dec 18$0.00$2.70$1.35$0.65 06/09$0.55–$1.43$0.65--
$50.00Dec 18$0.00$1.35$0.68$0.75 06/09$0.48–$1.35$0.68--
$100.00Mar 19$23.70$27.60$25.65$26.02 07/17$25.65–$27.95$25.65--

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 278
Total Puts 287
Put/Call Ratio 1.03
Net Difference -9

Prior's Put/Call Breakdown

Total Calls 43
Total Puts 22
Put/Call Ratio 1.00
Net Difference 21

Prior 7-Day Put/Call Summary

Total Calls 95
Total Puts 46
Average Put/Call Ratio 0.49
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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