Tour v366
CNC
CENTENE CORP DEL
$65.84 -0.90%
7/20 18:20

Option Volume

Detail
Current (07/20) 3,101
Calls: 1,581 (51%)
Puts: 1,520 (49%)
Prior (07/17) 4,039
Calls: 2,634 (65%)
Puts: 1,405 (35%)
Current vs Prior -23.22%
Calls: -39.98% (Calls)
Puts: +8.19% (Puts)
Prior 7-Day Total 51,754
Calls: 30,243 (58%)
Puts: 21,511 (42%)
Prior 7-Day Average 7,393
Calls: 4,320 (58%)
Puts: 3,073 (42%)
Current vs Prior 7-Day Avg -58.06%
Calls: -63.41%
Puts: -50.54%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $1.10M
Calls: $435.1K (39%)
Puts: $668.4K (61%)
Prior (07/17) $2.16M
Calls: $1.81M (84%)
Puts: $350.3K (16%)
Current vs Prior -49.02%
Calls: -76.02%
Puts: +90.80%
Prior 7-Day Total $45.88M
Calls: $41.20M (90%)
Puts: $4.68M (10%)
Prior 7-Day Average $6.55M
Calls: $5.89M (90%)
Puts: $668.5K (10%)
Current vs Prior 7-Day Avg -83.16%
Calls: -92.61%
Puts: -0.01%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/20) 0.96
Prior (07/17) 0.53
Current vs Prior +80.24%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +31.68%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 55,699
Calls: 38,073 (68%)
Puts: 17,626 (32%)
Prior (07/17) 87,901
Calls: 57,019 (65%)
Puts: 30,882 (35%)
Current vs Prior -36.63%
Prior 7-Day Total 651,593
Calls: 498,498 (77%)
Puts: 153,095 (23%)
Prior 7-Day Average 93,084
Calls: 71,214 (77%)
Puts: 21,870 (23%)
Current vs Prior 7-Day Avg -40.16%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.15% | 10.94%13.49% | 17.86%
Prior 5.85% | 10.54%1.76% | 15.32%
Current vs Prior -12.06% | +3.79%+665.88% | +16.57%
Prior 7-Day Avg 5.12% | 7.72%4.83% | 16.06%
Current vs 7-Day Avg +0.53% | +41.63%+178.96% | +11.23%
Prior 7-Day Eod 5.85% | 10.54%1.76% | 15.32%
Current vs 7-Day Eod -12.06% | +3.79%+665.88% | +16.57%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Prior 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($668.4K). P/C ratio rising 80% - increased hedging/bearish positioning. Call-heavy open interest (38,073 calls vs 17,626 puts) suggests bullish positioning. Declining open interest (down 37%) indicates positions being closed.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 10 of results (avg 6.6%, best 3.0%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 74.604.95$4.787.3%50.6117
$67.50Aug 213.503.80$3.658.2%500.48--
$66.00Jul 313.153.45$3.309.1%30.52162
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Aug 216.456.65$6.553.1%10.62--
$67.50Aug 214.905.10$5.004.0%80.52173
$66.00Jul 313.253.45$3.356.0%20.4835
$65.00Jul 312.792.97$2.886.3%10.433
$65.00Aug 213.553.80$3.686.8%550.43282

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.66, cheapest $0.39)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Jul 240.360.42$0.3915.4%710.2087
$68.00Jul 240.570.65$0.6113.1%380.2926
$67.00Jul 240.901.07$0.9917.2%610.39237
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 23 found (avg delta 0.71, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$59.00Jul 246.758.55$7.6523.5%30.97--
$60.00Jul 245.807.35$6.5723.6%50.941
$57.00Jul 248.4010.40$9.4021.3%200.91--
$54.00Jul 2411.3013.70$12.5019.2%10.901
$56.00Jul 249.3011.30$10.3019.4%200.901
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Jul 248.9010.75$9.8218.8%20.93--
$77.00Jul 249.4511.40$10.4318.7%20.80--
$68.00Jul 242.662.88$2.777.9%10.7255
$70.00Aug 216.456.65$6.553.1%10.62--
$67.00Jul 241.982.37$2.1718.0%1760.6180

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 1.5K, top 176)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.00Jul 312.632.95$2.7911.5%1150.4729
$69.00Jul 311.932.18$2.0612.1%790.3817
$69.00Jul 240.360.42$0.3915.4%710.2087
$70.00Jul 240.230.32$0.2832.1%670.15262
$71.00Jul 240.140.26$0.2060.0%640.1171
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.00Jul 241.982.37$2.1718.0%1760.6180
$64.00Jul 240.620.79$0.7123.9%1030.292.8K
$65.00Aug 213.553.80$3.686.8%550.43282
$66.00Jul 241.391.63$1.5115.9%490.50157
$60.00Jul 310.881.95$1.4275.4%440.241.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 23.4%, max 96.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Jul 24Jul 31117.6%80.9%45.4%143
$76.00Jul 31Aug 2876.3%54.0%41.1%17--
$75.00Jul 31Aug 2173.7%54.6%35.1%50439
$66.00Jul 24Aug 2854.6%51.9%5.2%51149
$70.00Jul 24Aug 2154.2%53.2%1.9%1021.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$55.00Jul 24Aug 21113.5%57.9%96.1%45
$58.00Jul 24Aug 2873.4%53.3%37.6%461
$61.00Jul 24Aug 2164.6%55.1%17.2%2616
$59.00Jul 24Aug 2858.4%52.0%12.2%411
$60.00Jul 24Aug 2160.4%57.0%6.0%221.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 54 found (best R:R 14.00, avg 2.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$76.00$79.00Jul 31$0.20$2.80$0.2014.00$76.20
$69.00$70.00Jul 24$0.11$0.89$0.118.09$69.11
$70.00$72.00Jul 31$0.38$1.62$0.384.26$70.38
$75.00$76.00Aug 7$0.19$0.81$0.194.26$75.19
$73.00$75.00Aug 7$0.39$1.61$0.394.13$73.39
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$62.00$60.00Jul 31$0.26$1.74$0.266.69$61.74
$61.00$60.00Jul 24$0.14$0.86$0.146.14$60.86
$59.00$57.50Aug 21$0.23$1.27$0.235.52$58.77
$63.00$62.00Jul 24$0.16$0.84$0.165.25$62.84
$61.00$60.00Aug 21$0.20$0.80$0.204.00$60.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 58 found (best R:R 7.70, avg 1.02)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$61.00$63.00Jul 24$1.77$1.77$0.237.70$62.77
$57.00$59.00Jul 24$1.75$1.75$0.257.00$58.75
$64.00$65.00Jul 24$0.67$0.67$0.332.03$64.67
$72.00$73.00Jul 31$0.63$0.63$0.371.70$72.63
$62.00$66.00Jul 31$2.18$2.18$1.821.20$64.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$76.00$68.00Jul 24$7.05$7.05$0.957.42$68.95
$67.00$66.00Jul 24$0.66$0.66$0.341.94$66.34
$70.00$67.50Aug 21$1.55$1.55$0.951.63$68.45
$77.00$76.00Jul 24$0.61$0.61$0.391.56$76.39
$68.00$67.00Jul 24$0.60$0.60$0.401.50$67.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 22 found (avg debit $1.46, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$76.00Jul 31Aug 7$0.0976.3%61.8%
$79.00Jul 24Jul 31$0.19117.6%80.9%
$75.00Jul 31Aug 7$0.2273.7%62.8%
$73.00Jul 24Jul 31$0.6952.7%64.4%
$72.00Jul 24Jul 31$1.2655.4%76.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$55.00Jul 24Aug 14$0.42113.5%61.4%
$60.00Jul 24Jul 31$1.3060.4%83.5%
$62.00Jul 24Jul 31$1.3658.6%73.8%
$58.00Jul 24Aug 28$1.3873.4%53.3%
$59.00Jul 24Aug 21$1.4558.4%55.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 4.47% of stock, avg 9.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$65.00Jul 24$1.88$1.06$2.94$62.06$67.944.47%
$66.00Jul 24$1.44$1.51$2.95$63.05$68.954.48%
$67.00Jul 24$0.99$2.17$3.16$63.84$70.164.80%
$64.00Jul 24$2.55$0.71$3.26$60.74$67.264.95%
$68.00Jul 24$0.61$2.77$3.38$64.62$71.385.13%
$63.00Jul 24$3.73$0.48$4.21$58.79$67.216.39%
$61.00Jul 24$5.50$0.26$5.76$55.24$66.768.75%
$66.00Jul 31$3.30$3.35$6.65$59.35$72.6510.10%
$60.00Jul 24$6.57$0.12$6.69$53.31$66.6910.16%
$62.00Jul 31$5.48$1.68$7.16$54.84$69.1610.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 96 found (cheapest 0.70% of stock, avg 5.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$71.00$61.00Jul 24$0.20$0.26$0.46$60.54$71.46
$71.00$62.00Jul 24$0.20$0.32$0.52$61.48$71.52
$70.00$61.00Jul 24$0.28$0.26$0.54$60.46$70.54
$70.00$62.00Jul 24$0.28$0.32$0.60$61.40$70.60
$69.00$61.00Jul 24$0.39$0.26$0.65$60.35$69.65
$71.00$63.00Jul 24$0.20$0.48$0.68$62.32$71.68
$69.00$62.00Jul 24$0.39$0.32$0.71$61.29$69.71
$70.00$63.00Jul 24$0.28$0.48$0.76$62.24$70.76
$68.00$61.00Jul 24$0.61$0.26$0.87$60.13$68.87
$69.00$63.00Jul 24$0.39$0.48$0.87$62.13$69.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 87 found (best R:R 7.33, avg credit $1.10)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
59/6069/70Aug 21$0.88$0.127.33$59.12$69.88
59/6068/69Aug 21$0.87$0.136.69$59.13$68.87
62/6364/65Jul 24$0.83$0.174.88$62.17$64.83
62/6369/70Jul 31$0.83$0.174.88$62.17$69.83
66/6775/76Aug 21$0.83$0.174.88$66.17$75.83
60/6164/65Jul 24$0.81$0.194.26$60.19$64.81
65/6669/70Aug 21$0.81$0.194.26$65.19$69.81
64/6566/67Jul 24$0.80$0.204.00$64.20$66.80
65/6668/69Aug 21$0.80$0.204.00$65.20$68.80
62/6374/75Jul 31$0.78$0.223.55$62.22$74.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 13.29, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$66.00$67.00$68.00Jul 24$0.07$0.9313.29
$68.00$69.00$70.00Jul 24$0.11$0.898.09
$67.00$68.00$69.00Jul 24$0.16$0.845.25
$74.00$75.00$76.00Jul 31$0.20$0.804.00
$64.00$65.00$66.00Jul 24$0.23$0.773.35
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$59.00$60.00$61.00Jul 24$0.07$0.9313.29
$62.00$63.00$64.00Jul 24$0.07$0.9313.29
$61.00$62.00$63.00Jul 24$0.10$0.909.00
$64.00$65.00$66.00Jul 24$0.10$0.909.00
$58.00$59.00$60.00Jul 24$0.11$0.898.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 42 found (best net $-0.49, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$73.00$79.001:2Jul 24-$0.49$5.51
$70.00$75.001:2Aug 21-$0.21$4.79
$62.50$67.001:2Aug 21-$1.55$2.95
$62.00$66.001:2Jul 31-$1.12$2.88
$76.00$79.001:2Jul 31-$0.26$2.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$58.00$55.001:2Jul 24-$0.29$2.71
$57.50$55.001:2Aug 21-$0.23$2.27
$66.00$63.001:2Aug 14-$1.15$1.85
$59.00$58.001:2Jul 24-$0.13$0.87
$63.00$62.001:2Jul 24-$0.16$0.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 6.30%, avg 2.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$66.00Aug 28$4.150.530.2%6.30%6.55%8--
$66.00Aug 7$3.550.530.2%5.39%5.63%5--
$67.50Aug 21$3.500.482.5%5.32%7.84%50--
$68.00Aug 21$3.250.473.3%4.94%8.22%4--
$66.00Jul 31$3.150.520.2%4.78%5.03%3162
$67.00Aug 21$3.100.501.8%4.71%6.47%5--
$67.00Aug 7$3.050.481.8%4.63%6.39%13
$69.00Aug 21$2.900.434.8%4.40%9.20%4--
$67.00Jul 31$2.630.471.8%3.99%5.76%11529
$70.00Aug 21$2.430.396.3%3.69%10.01%351.1K

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 1,581
Total Puts 1,520
Put/Call Ratio 0.96
Net Difference 61

Prior's Put/Call Breakdown

Total Calls 2,634
Total Puts 1,405
Put/Call Ratio 0.53
Net Difference 1,229

Prior 7-Day Put/Call Summary

Total Calls 30,243
Total Puts 21,511
Average Put/Call Ratio 0.73
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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