Tour v452
CNC
CENTENE CORP DEL
$63.91 -0.27%
$62.80 (-1.73%)🌙
as of 07/28 06:01 PM
7/28 18:01

Option Volume

Detail
Current (07/28) 21,462
Calls: 12,641 (59%)
Puts: 8,821 (41%)
Prior (07/27) 19,536
Calls: 13,520 (69%)
Puts: 6,016 (31%)
Current vs Prior +9.86%
Calls: -6.50% (Calls)
Puts: +46.63% (Puts)
Prior 7-Day Total 64,472
Calls: 36,317 (56%)
Puts: 28,155 (44%)
Prior 7-Day Average 9,210
Calls: 5,188 (56%)
Puts: 4,022 (44%)
Current vs Prior 7-Day Avg +133.02%
Calls: +143.65%
Puts: +119.31%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $6.45M
Calls: $5.02M (78%)
Puts: $1.42M (22%)
Prior (07/27) $4.45M
Calls: $3.31M (74%)
Puts: $1.14M (26%)
Current vs Prior +45.05%
Calls: +51.90%
Puts: +25.16%
Prior 7-Day Total $26.33M
Calls: $20.07M (76%)
Puts: $6.25M (24%)
Prior 7-Day Average $3.76M
Calls: $2.87M (76%)
Puts: $893.2K (24%)
Current vs Prior 7-Day Avg +71.47%
Calls: +75.21%
Puts: +59.48%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.70
Prior (07/27) 0.45
Current vs Prior +56.82%
Prior 7-Day Average 0.90
Current vs Prior 7-Day Avg -22.56%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 311,877
Calls: 219,690 (70%)
Puts: 92,187 (30%)
Prior (07/27) 301,105
Calls: 211,787 (70%)
Puts: 89,318 (30%)
Current vs Prior +3.58%
Prior 7-Day Total 778,199
Calls: 542,367 (70%)
Puts: 235,832 (30%)
Prior 7-Day Average 111,171
Calls: 77,481 (70%)
Puts: 33,690 (30%)
Current vs Prior 7-Day Avg +180.54%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 5.43% | 7.73%10.44% | 15.41%
Prior 10.53% | 11.70%13.42% | 17.63%
Current vs Prior -48.46% | -33.96%-22.24% | -12.60%
Prior 7-Day Avg 6.39% | 11.11%11.53% | 17.61%
Current vs 7-Day Avg -15.00% | -30.42%-9.44% | -12.49%
Prior 7-Day Eod 10.53% | 11.70%13.42% | 17.63%
Current vs 7-Day Eod -48.46% | -33.96%-22.24% | -12.60%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.14% | 9.10%
Calls: 10.40% | 8.58%
Puts: 17.88% | 9.62%
Prior 11.47% | 10.87%
Calls: 11.01% | 12.23%
Puts: 11.94% | 9.51%
Current vs Prior +23.28% | -16.28%
Prior 7-Day Avg 10.12% | 12.66%
Calls: 7.25% | 9.75%
Puts: 13.00% | 15.56%
Current vs 7-Day Avg +39.66% | -28.13%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($5.02M) vs puts ($1.42M). Dollar volume significantly above 7-day average (71% higher). Volume explosion - 133% above 7-day average (21,462 vs avg 9,210). Bullish P/C ratio of 0.70.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 -- 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. 70 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Jul 3111.0013.60$12.3021.1%581.004
$54.00Jul 319.0511.40$10.2323.0%480.9945
$53.00Jul 3110.2012.15$11.1817.4%680.9838
$55.00Jul 318.1510.20$9.1822.3%70.985
$52.00Aug 710.8513.15$12.0019.2%20.972
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Jul 313.504.95$4.2234.4%3011.00556
$69.00Jul 313.906.05$4.9743.3%11.0022
$70.00Jul 315.056.95$6.0031.7%11.0049
$72.00Jul 316.858.90$7.8826.0%--0.9715
$75.00Aug 2110.2012.20$11.2017.9%--0.9516

Most actively traded options today. High liquidity = easy entry/exit. 148 active (total vol 15.5K, top 2.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 310.861.42$1.1449.1%2.1K0.451.5K
$65.00Aug 71.422.20$1.8143.1%1.5K0.461.5K
$64.00Jul 311.391.91$1.6531.5%1.0K0.56516
$60.00Aug 74.306.10$5.2034.6%3230.7824
$62.00Jul 312.533.25$2.8924.9%3070.7730
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.00Jul 310.070.62$0.35157.1%2.5K0.172.0K
$55.00Aug 210.120.76$0.44145.5%1.1K0.101.2K
$64.00Jul 310.841.63$1.2364.2%6560.46690
$60.00Jul 310.170.30$0.2454.2%6130.122.2K
$68.00Jul 313.504.95$4.2234.4%3011.00556

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 42 strikes (avg 51.4%, max 136.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$73.00Jul 31Aug 28105.8%44.7%136.6%13149
$71.00Jul 31Aug 2892.3%43.0%114.5%--1.2K
$55.00Jul 31Aug 2192.9%51.2%81.5%732
$57.00Jul 31Aug 1485.7%52.4%63.6%1479
$58.00Jul 31Aug 2176.5%47.6%60.6%1311
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$53.00Jul 31Aug 21111.1%49.3%125.2%1841
$56.00Jul 31Aug 2191.9%49.0%87.6%4763
$57.00Jul 31Aug 2885.7%46.8%83.0%89128
$54.00Jul 31Aug 2192.8%51.0%82.1%77274
$55.00Jul 31Sep 492.9%54.1%71.5%40353

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 93 found (best R:R 8.09, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$71.00$73.00Aug 28$0.26$1.74$0.266.69$71.26
$74.00$75.00Aug 21$0.14$0.86$0.146.14$74.14
$75.00$76.00Aug 28$0.14$0.86$0.146.14$75.14
$73.00$74.00Aug 21$0.16$0.84$0.165.25$73.16
$66.00$67.00Jul 31$0.17$0.83$0.174.88$66.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$61.00$60.00Jul 31$0.11$0.89$0.118.09$60.89
$60.00$59.00Jul 31$0.12$0.88$0.127.33$59.88
$54.00$53.00Aug 21$0.12$0.88$0.127.33$53.88
$55.00$54.00Aug 21$0.12$0.88$0.127.33$54.88
$60.00$59.00Aug 21$0.12$0.88$0.127.33$59.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 109 found (best R:R 15.67, avg 1.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$57.00$59.00Aug 14$1.88$1.88$0.1215.67$58.88
$52.00$57.00Aug 14$4.62$4.62$0.3812.16$56.62
$54.00$55.00Aug 7$0.83$0.83$0.174.88$54.83
$60.00$61.00Aug 14$0.82$0.82$0.184.56$60.82
$52.00$53.00Aug 7$0.80$0.80$0.204.00$52.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$72.00$70.00Jul 31$1.88$1.88$0.1215.67$70.12
$73.00$68.00Aug 7$4.65$4.65$0.3513.29$68.35
$75.00$72.50Aug 21$2.25$2.25$0.259.00$72.75
$69.00$68.00Jul 31$0.75$0.75$0.253.00$68.25
$66.00$65.00Aug 7$0.75$0.75$0.253.00$65.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.47, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$55.00Jul 31Aug 7$0.1292.9%65.6%
$75.00Jul 31Aug 7$0.1673.1%60.4%
$71.00Jul 31Aug 7$0.1792.3%58.6%
$70.00Jul 31Aug 7$0.3270.1%53.2%
$58.00Jul 31Aug 7$0.3576.5%55.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 31Aug 7$0.08111.1%71.0%
$52.00Jul 31Aug 7$0.09107.3%74.0%
$68.00Jul 31Aug 7$0.1355.4%51.9%
$54.00Jul 31Aug 7$0.1692.8%69.2%
$55.00Jul 31Aug 7$0.1692.9%65.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 63 found (cheapest 4.51% of stock, avg 10.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Jul 31$1.65$1.23$2.88$61.12$66.884.51%
$65.00Jul 31$1.14$1.83$2.97$62.03$67.974.65%
$63.00Jul 31$2.24$0.87$3.11$59.89$66.114.87%
$66.00Jul 31$0.70$2.41$3.11$62.89$69.114.87%
$62.00Jul 31$2.89$0.52$3.41$58.59$65.415.34%
$67.00Jul 31$0.53$3.06$3.59$63.41$70.595.62%
$61.00Jul 31$3.80$0.35$4.15$56.85$65.156.49%
$65.00Aug 7$1.81$2.48$4.29$60.71$69.296.71%
$64.00Aug 7$2.30$2.05$4.35$59.65$68.356.81%
$68.00Jul 31$0.23$4.22$4.45$63.55$72.456.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 126 found (cheapest 0.74% of stock, avg 4.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$60.00Jul 31$0.23$0.24$0.47$59.53$68.47
$71.00$60.00Jul 31$0.33$0.24$0.57$59.43$71.57
$68.00$61.00Jul 31$0.23$0.35$0.58$60.42$68.58
$71.00$61.00Jul 31$0.33$0.35$0.68$60.32$71.68
$68.00$62.00Jul 31$0.23$0.52$0.75$61.25$68.75
$67.00$60.00Jul 31$0.53$0.24$0.77$59.23$67.77
$71.00$62.00Jul 31$0.33$0.52$0.85$61.15$71.85
$67.00$61.00Jul 31$0.53$0.35$0.88$60.12$67.88
$66.00$60.00Jul 31$0.70$0.24$0.94$59.06$66.94
$66.00$61.00Jul 31$0.70$0.35$1.05$59.95$67.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 94 found (best R:R 9.00, avg credit $0.98)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
58/5964/65Aug 21$0.90$0.109.00$58.10$64.90
61/6266/67Aug 14$0.89$0.118.09$61.11$66.89
56/5760/61Aug 21$0.89$0.118.09$56.11$60.89
58/5962/63Aug 14$0.88$0.127.33$58.12$62.88
53/5460/61Aug 21$0.87$0.136.69$53.13$60.87
54/5560/61Aug 21$0.87$0.136.69$54.13$60.87
61/6264/65Aug 21$0.87$0.136.69$61.13$64.87
64/6570/71Aug 28$0.87$0.136.69$64.13$70.87
61/6265/66Aug 14$0.86$0.146.14$61.14$65.86
63/6466/67Aug 14$0.86$0.146.14$63.14$66.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 54 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$59.00$60.00$61.00Jul 31$0.06$0.9415.67
$62.00$63.00$64.00Jul 31$0.06$0.9415.67
$66.00$67.00$68.00Aug 7$0.06$0.9415.67
$62.00$63.00$64.00Aug 14$0.06$0.9415.67
$64.00$65.00$66.00Jul 31$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$57.00$58.00$59.00Aug 14$0.05$0.9519.00
$53.00$54.00$55.00Jul 31$0.06$0.9415.67
$60.00$61.00$62.00Jul 31$0.06$0.9415.67
$65.00$66.00$67.00Jul 31$0.07$0.9313.29
$55.00$56.00$57.00Aug 21$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 77 found (best net $-0.61, 70 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$73.00$75.001:2Aug 7-$0.12$1.88
$52.00$57.001:2Aug 14-$3.21$1.79
$72.00$75.001:2Aug 14-$1.23$1.77
$71.00$73.001:2Aug 28-$0.54$1.46
$60.00$63.001:2Aug 28-$1.61$1.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$69.00$65.001:2Aug 28-$0.61$3.39
$61.00$59.001:2Aug 14-$0.50$1.50
$53.00$52.001:2Jul 31$0.00$1.00
$55.00$54.001:2Jul 31$0.00$1.00
$60.00$59.001:2Jul 31$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 5.63%, avg 1.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$64.00Sep 4$3.600.560.1%5.63%5.77%1313
$64.00Aug 28$3.300.550.1%5.16%5.30%228230
$64.00Aug 21$2.950.540.1%4.62%4.76%185
$65.00Aug 28$2.670.501.7%4.18%5.88%24
$64.00Aug 14$2.490.530.1%3.90%4.04%29
$65.00Aug 21$2.480.491.7%3.88%5.59%362.0K
$66.00Aug 28$2.380.463.3%3.72%6.99%--18
$66.00Aug 21$2.150.443.3%3.36%6.63%62
$64.00Aug 7$2.000.530.1%3.13%3.27%12154
$65.00Aug 14$1.960.471.7%3.07%4.77%4236

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 12,641
Total Puts 8,821
Put/Call Ratio 0.70
Net Difference 3,820

Prior's Put/Call Breakdown

Total Calls 13,520
Total Puts 6,016
Put/Call Ratio 0.45
Net Difference 7,504

Prior 7-Day Put/Call Summary

Total Calls 36,317
Total Puts 28,155
Average Put/Call Ratio 0.90
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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