Tour v394
CNC
CENTENE CORP DEL
$63.74 -3.26%
$63.79 (+0.08%)🌙
as of 07/23 06:21 PM
7/23 18:21

Option Volume

Detail
Current (07/23) 5,422
Calls: 2,447 (45%)
Puts: 2,975 (55%)
Prior (07/22) 14,773
Calls: 8,040 (54%)
Puts: 6,733 (46%)
Current vs Prior -63.30%
Calls: -69.56% (Calls)
Puts: -55.81% (Puts)
Prior 7-Day Total 50,976
Calls: 28,656 (56%)
Puts: 22,320 (44%)
Prior 7-Day Average 7,282
Calls: 4,093 (56%)
Puts: 3,188 (44%)
Current vs Prior 7-Day Avg -25.55%
Calls: -40.23%
Puts: -6.70%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/23) $1.79M
Calls: $960.5K (54%)
Puts: $829.3K (46%)
Prior (07/22) $10.58M
Calls: $9.41M (89%)
Puts: $1.17M (11%)
Current vs Prior -83.08%
Calls: -89.79%
Puts: -29.24%
Prior 7-Day Total $27.48M
Calls: $22.12M (80%)
Puts: $5.36M (20%)
Prior 7-Day Average $3.93M
Calls: $3.16M (80%)
Puts: $765.5K (20%)
Current vs Prior 7-Day Avg -54.40%
Calls: -69.60%
Puts: +8.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23) 1.22
Prior (07/22) 0.84
Current vs Prior +45.18%
Prior 7-Day Average 0.81
Current vs Prior 7-Day Avg +51.03%
Sentiment BEARISH

Open Interest

Detail
Current (07/23) 75,454
Calls: 46,044 (61%)
Puts: 29,410 (39%)
Prior (07/22) 50,194
Calls: 29,640 (59%)
Puts: 20,554 (41%)
Current vs Prior +50.32%
Prior 7-Day Total 567,345
Calls: 408,699 (72%)
Puts: 158,646 (28%)
Prior 7-Day Average 81,049
Calls: 58,385 (72%)
Puts: 22,663 (28%)
Current vs Prior 7-Day Avg -6.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.25% | 10.61%12.58% | 17.98%
Prior 5.08% | 12.37%13.55% | 18.82%
Current vs Prior -36.12% | -14.26%-7.16% | -4.46%
Prior 7-Day Avg 4.93% | 9.34%7.96% | 16.62%
Current vs 7-Day Avg -34.07% | +13.58%+57.99% | +8.16%
Prior 7-Day Eod 5.08% | 12.37%13.55% | 18.82%
Current vs 7-Day Eod -36.12% | -14.26%-7.16% | -4.46%
Sentiment BULLISHBULLISH

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

Light premium activity with dollar volume down 83% vs prior. Below-average activity with volume down 63% vs prior. Bearish P/C ratio of 1.22 indicates protective positioning. P/C ratio rising 45% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 1 of results (avg 8.6%, best 8.6%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Jul 316.156.70$6.438.6%40.72--

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. 35 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Jul 2412.1014.80$13.4520.1%51.00--
$60.00Jul 242.645.90$4.2776.3%10.9411
$58.00Jul 244.107.80$5.9562.2%70.9437
$53.00Jul 2410.3012.80$11.5521.6%20.93--
$51.00Aug 712.1014.95$13.5221.1%20.9220
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.00Jul 241.803.00$2.4050.0%1.8K0.873.0K
$76.00Jul 2410.4514.15$12.3030.1%30.86--
$67.00Jul 242.424.60$3.5162.1%20.85--
$75.00Jul 249.4513.10$11.2732.4%50.82--
$70.00Jul 316.458.45$7.4526.8%20.7651

Most actively traded options today. High liquidity = easy entry/exit. 93 active (total vol 3.5K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Aug 71.241.75$1.5034.0%1240.309
$75.00Sep 40.003.25$1.63199.4%1200.24--
$74.00Sep 40.003.40$1.70200.0%940.26--
$72.00Sep 40.013.85$1.93199.0%840.29--
$73.00Sep 40.862.18$1.5286.8%560.25--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.00Jul 241.803.00$2.4050.0%1.8K0.873.0K
$60.00Jul 311.411.80$1.6124.2%3460.291.3K
$64.00Jul 240.611.25$0.9368.8%970.563.0K
$62.00Jul 240.090.50$0.30136.7%520.2228
$60.00Aug 212.122.40$2.2612.4%240.32797

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 139.0%, max 507.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$73.00Jul 24Sep 4305.2%50.3%507.0%58--
$72.00Jul 24Sep 4286.7%53.0%441.2%85107
$55.00Jul 24Aug 21270.9%52.8%413.0%783
$70.00Jul 24Aug 21246.8%54.3%354.2%161.6K
$51.00Jul 24Aug 7245.8%75.1%227.4%720
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$61.00Jul 24Aug 21147.0%54.2%171.5%2071
$55.00Jul 31Aug 21103.3%52.8%95.5%10--
$58.00Jul 31Aug 2186.8%53.3%62.9%22155
$59.00Jul 24Jul 31133.6%84.4%58.3%63.0K
$60.00Jul 24Aug 2177.5%54.6%41.8%261.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 8.09, avg 2.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$65.00$66.00Jul 24$0.18$0.82$0.184.56$65.18
$68.00$69.00Jul 31$0.19$0.81$0.194.26$68.19
$69.00$75.00Aug 28$1.15$4.85$1.154.22$70.15
$69.00$72.00Aug 7$0.62$2.38$0.623.84$69.62
$69.00$70.00Jul 31$0.29$0.71$0.292.45$69.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$58.00$56.00Jul 31$0.22$1.78$0.228.09$57.78
$57.50$55.00Aug 21$0.31$2.19$0.317.06$57.19
$59.00$58.00Jul 31$0.20$0.80$0.204.00$58.80
$64.00$62.00Jul 24$0.63$1.37$0.632.17$63.37
$64.00$62.50Aug 21$0.55$0.95$0.551.73$63.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 32.33, avg 2.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$60.00$64.00Jul 24$3.64$3.64$0.3610.11$63.64
$51.00$52.00Jul 24$0.90$0.90$0.109.00$51.90
$56.00$58.00Jul 31$1.77$1.77$0.237.70$57.77
$55.00$56.00Jul 24$0.87$0.87$0.136.69$55.87
$53.00$54.00Jul 31$0.87$0.87$0.136.69$53.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$67.00Jul 24$7.76$7.76$0.2432.33$67.24
$61.00$60.00Jul 24$0.73$0.73$0.272.70$60.27
$62.50$61.00Aug 21$0.95$0.95$0.551.73$61.55
$66.00$65.00Jul 31$0.60$0.60$0.401.50$65.40
$65.00$64.00Jul 24$0.55$0.55$0.451.22$64.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $1.37, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$51.00Jul 24Aug 7$0.07245.8%75.1%
$68.00Jul 24Jul 31$0.40205.5%81.5%
$55.00Jul 24Jul 31$0.63270.9%103.3%
$69.00Jul 24Jul 31$0.69178.2%83.8%
$56.00Jul 24Jul 31$0.72249.5%95.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$58.00Jul 31Aug 21$0.4786.8%53.3%
$63.00Jul 31Aug 14$0.6784.1%61.4%
$59.00Jul 24Jul 31$0.97133.6%84.4%
$60.00Jul 24Jul 31$1.5477.5%86.2%
$61.00Jul 24Aug 21$1.83147.0%54.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 2.45% of stock, avg 11.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Jul 24$0.63$0.93$1.56$62.44$65.562.45%
$65.00Jul 24$0.31$1.48$1.79$63.21$66.792.81%
$66.00Jul 24$0.13$2.40$2.53$63.47$68.533.97%
$67.00Jul 24$0.24$3.51$3.75$63.25$70.755.88%
$60.00Jul 24$4.27$0.07$4.34$55.66$64.346.81%
$59.00Jul 24$5.03$0.26$5.29$53.71$64.298.30%
$68.00Jul 31$1.48$4.78$6.26$61.74$74.269.82%
$65.00Jul 31$2.52$3.80$6.32$58.68$71.329.92%
$66.00Jul 31$2.17$4.40$6.57$59.43$72.5710.31%
$67.00Jul 31$1.78$5.78$7.56$59.44$74.5611.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 67 found (cheapest 0.60% of stock, avg 5.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$65.00$60.00Jul 24$0.31$0.07$0.38$59.62$65.38
$65.00$59.00Jul 24$0.31$0.26$0.57$58.43$65.57
$65.00$62.00Jul 24$0.31$0.30$0.61$61.39$65.61
$64.00$60.00Jul 24$0.63$0.07$0.70$59.30$64.70
$64.00$59.00Jul 24$0.63$0.26$0.89$58.11$64.89
$64.00$62.00Jul 24$0.63$0.30$0.93$61.07$64.93
$65.00$61.00Jul 24$0.31$0.80$1.11$59.89$66.11
$70.00$60.00Jul 24$1.06$0.07$1.13$58.87$71.13
$72.00$60.00Jul 24$1.07$0.07$1.14$58.86$73.14
$68.00$60.00Jul 24$1.08$0.07$1.15$58.85$69.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 57 found (best R:R 8.09, avg credit $1.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
63/6466/67Jul 31$0.89$0.118.09$63.11$66.89
65/6669/70Jul 31$0.89$0.118.09$65.11$69.89
61/6265/67Aug 21$1.73$0.276.41$60.77$66.73
58/6062/65Aug 21$2.15$0.356.14$57.85$64.65
63/6465/66Jul 31$0.85$0.155.67$63.15$65.85
64/6567/68Jul 31$0.84$0.165.25$64.16$67.84
64/6569/70Jul 31$0.83$0.174.88$64.17$69.83
63/6467/68Jul 31$0.80$0.204.00$63.20$67.80
63/6469/70Jul 31$0.79$0.213.76$63.21$69.79
65/6668/69Jul 31$0.79$0.213.76$65.21$68.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$66.00$67.00$68.00Jul 31$0.09$0.9110.11
$67.00$68.00$69.00Jul 31$0.11$0.898.09
$64.00$65.00$66.00Jul 24$0.14$0.866.14
$58.00$59.00$60.00Jul 24$0.16$0.845.25
$57.00$58.00$59.00Jul 24$0.20$0.804.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$64.00$65.00$66.00Jul 31$0.06$0.9415.67
$52.50$55.00$57.50Aug 21$0.26$2.248.62
$62.00$63.00$64.00Jul 31$0.11$0.898.09
$58.00$59.00$60.00Jul 31$0.18$0.824.56
$65.00$66.00$67.00Jul 24$0.19$0.814.26

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-0.10, 27 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$69.00$75.001:2Aug 28-$0.10$5.90
$69.00$72.001:2Aug 7-$0.26$2.74
$58.00$62.501:2Aug 21-$1.89$2.61
$67.00$70.001:2Aug 21-$0.73$2.27
$67.00$69.001:2Aug 7-$0.90$1.10
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$57.50$55.001:2Aug 21-$0.46$2.04
$55.00$52.501:2Aug 21-$0.67$1.83
$58.00$56.001:2Jul 31-$0.59$1.41
$55.00$53.001:2Jul 31-$0.67$1.33
$60.00$58.001:2Aug 21-$0.74$1.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 23 found (best yield 4.79%, avg 1.78%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$65.00Aug 21$3.050.472.0%4.79%6.76%221.9K
$67.00Aug 21$2.310.405.1%3.62%8.74%3--
$65.00Jul 31$2.220.462.0%3.48%5.46%1768
$66.00Jul 31$1.940.413.5%3.04%6.59%35166
$69.00Aug 28$1.910.358.2%3.00%11.25%11
$67.00Aug 7$1.820.385.1%2.86%7.97%484
$67.00Jul 31$1.500.365.1%2.35%7.47%3143
$70.00Aug 21$1.460.299.8%2.29%12.11%141.1K
$68.00Jul 31$1.280.326.7%2.01%8.69%2764
$69.00Aug 7$1.240.308.2%1.95%10.20%1249

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 2,447
Total Puts 2,975
Put/Call Ratio 1.22
Net Difference -528

Prior's Put/Call Breakdown

Total Calls 8,040
Total Puts 6,733
Put/Call Ratio 0.84
Net Difference 1,307

Prior 7-Day Put/Call Summary

Total Calls 28,656
Total Puts 22,320
Average Put/Call Ratio 0.81
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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