Tour v477
CNC
CENTENE CORP DEL
$62.22 +2.27%
$62.57 (+0.57%)🌙
as of 07/31 06:22 PM
7/31 18:22

Option Volume

Detail
Current (07/31) 5,790
Calls: 2,680 (46%)
Puts: 3,110 (54%)
Prior (07/30) 6,835
Calls: 3,888 (57%)
Puts: 2,947 (43%)
Current vs Prior -15.29%
Calls: -31.07% (Calls)
Puts: +5.53% (Puts)
Prior 7-Day Total 82,563
Calls: 47,842 (58%)
Puts: 34,721 (42%)
Prior 7-Day Average 11,794
Calls: 6,834 (58%)
Puts: 4,960 (42%)
Current vs Prior 7-Day Avg -50.91%
Calls: -60.79%
Puts: -37.30%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $1.41M
Calls: $826.7K (59%)
Puts: $585.4K (41%)
Prior (07/30) $2.85M
Calls: $1.80M (63%)
Puts: $1.05M (37%)
Current vs Prior -50.40%
Calls: -54.11%
Puts: -44.01%
Prior 7-Day Total $29.78M
Calls: $22.56M (76%)
Puts: $7.22M (24%)
Prior 7-Day Average $4.25M
Calls: $3.22M (76%)
Puts: $1.03M (24%)
Current vs Prior 7-Day Avg -66.81%
Calls: -74.35%
Puts: -43.26%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 1.16
Prior (07/30) 0.76
Current vs Prior +53.10%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg +42.14%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 62,903
Calls: 39,977 (64%)
Puts: 22,926 (36%)
Prior (07/30) 77,296
Calls: 50,060 (65%)
Puts: 27,236 (35%)
Current vs Prior -18.62%
Prior 7-Day Total 942,927
Calls: 633,024 (67%)
Puts: 309,903 (33%)
Prior 7-Day Average 134,703
Calls: 90,432 (67%)
Puts: 44,271 (33%)
Current vs Prior 7-Day Avg -53.30%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.83% | 5.63%8.44% | 14.10%
Prior 4.09% | 6.31%9.27% | 14.46%
Current vs Prior +37.44% | +18.92%-8.98% | -2.55%
Prior 7-Day Avg 6.22% | 9.50%11.71% | 16.70%
Current vs 7-Day Avg -9.59% | -21.00%-27.93% | -15.61%
Prior 7-Day Eod 4.09% | 6.31%9.27% | 14.46%
Current vs 7-Day Eod +37.44% | +18.92%-8.98% | -2.55%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.14% | 9.10%
Calls: 10.40% | 8.58%
Puts: 17.88% | 9.62%
Prior 14.14% | 9.10%
Calls: 10.40% | 8.58%
Puts: 17.88% | 9.62%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 11.94% | 11.01%
Calls: 8.87% | 9.43%
Puts: 15.02% | 12.58%
Current vs 7-Day Avg +18.41% | -17.33%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 50% vs prior. Slightly bearish P/C ratio of 1.16. P/C ratio rising 53% - increased hedging/bearish positioning. Call-heavy open interest (39,977 calls vs 22,926 puts) suggests bullish 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 BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 7 of results (avg 6.5%, best 2.6%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Aug 212.592.81$2.708.1%560.54311
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Aug 212.282.34$2.312.6%410.4649
$60.00Aug 211.431.52$1.486.1%130.342.0K
$62.00Aug 141.871.99$1.936.2%10.4770
$59.00Aug 211.081.16$1.127.1%170.28153
$61.00Aug 211.811.95$1.887.4%30.4049

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.73, cheapest $0.52)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 70.470.57$0.5219.2%1240.24866
$66.00Aug 140.670.79$0.7316.4%10.25--
$67.50Aug 210.700.82$0.7615.8%20.22541
$64.00Aug 70.740.89$0.8218.3%450.3382
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 70.540.63$0.5915.3%1590.2676
$57.50Aug 210.670.79$0.7316.4%20.20408
$61.00Aug 70.871.02$0.9515.8%170.36145

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Jul 319.2510.70$9.9814.5%131.0014
$54.00Jul 317.259.35$8.3025.3%101.0040
$55.00Jul 316.258.35$7.3028.8%51.0013
$55.00Aug 75.858.10$6.9832.2%11.00--
$61.00Jul 311.051.65$1.3544.4%220.9170
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Jul 310.331.10$0.72106.9%30.90211
$64.00Jul 311.372.47$1.9257.3%20.88--
$68.00Aug 145.056.60$5.8226.6%40.84--
$66.00Aug 72.904.65$3.7846.3%100.8237
$71.00Jul 318.3010.00$9.1518.6%30.78--

Most actively traded options today. High liquidity = easy entry/exit. 124 active (total vol 3.2K, top 752)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Aug 70.090.28$0.19100.0%2750.104
$63.00Aug 71.081.24$1.1613.8%1750.4364
$71.00Jul 310.002.13$1.07199.1%1620.201.1K
$65.00Aug 70.470.57$0.5219.2%1240.24866
$62.00Aug 212.592.81$2.708.1%560.54311
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.00Aug 280.230.51$0.3775.7%7520.10--
$55.00Aug 70.010.08$0.05140.0%1730.037
$60.00Aug 70.540.63$0.5915.3%1590.2676
$61.00Jul 310.001.00$0.50200.0%1380.391.2K
$62.50Aug 212.352.76$2.5516.1%1300.49552

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 29 strikes (avg 1811.0%, max 5453.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Jul 31Aug 212248.8%40.5%5453.9%25385
$71.00Jul 31Aug 212127.2%42.6%4897.7%1631.1K
$70.00Jul 31Aug 212001.0%42.2%4642.1%9208
$69.00Jul 31Aug 211869.9%41.4%4411.6%7209
$57.00Jul 31Aug 141530.2%44.4%3345.0%688
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$58.00Jul 31Aug 281335.5%42.1%3070.6%828
$59.00Jul 31Aug 211134.1%41.6%2625.4%18153
$55.00Jul 31Sep 11958.1%39.7%2313.1%9335
$60.00Jul 31Sep 4921.5%42.3%2080.4%4--
$54.00Jul 31Aug 28921.6%42.7%2057.8%760--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 65 found (best R:R 12.89, avg 3.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$69.00$70.00Aug 21$0.10$0.90$0.109.00$69.10
$64.00$65.00Jul 31$0.11$0.89$0.118.09$64.11
$72.50$74.00Aug 21$0.18$1.32$0.187.33$72.68
$66.00$67.00Aug 7$0.13$0.87$0.136.69$66.13
$71.00$72.00Aug 21$0.13$0.87$0.136.69$71.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$52.50Aug 21$0.18$2.32$0.1812.89$54.82
$53.00$51.00Aug 28$0.15$1.85$0.1512.33$52.85
$52.50$51.00Aug 21$0.15$1.35$0.159.00$52.35
$58.00$57.00Aug 14$0.11$0.89$0.118.09$57.89
$59.00$58.00Aug 7$0.14$0.86$0.146.14$58.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 73 found (best R:R 18.05, avg 1.15)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$51.00$55.00Aug 7$3.79$3.79$0.2118.05$54.79
$57.00$59.00Aug 14$1.70$1.70$0.305.67$58.70
$59.00$60.00Aug 7$0.84$0.84$0.165.25$59.84
$60.00$61.00Jul 31$0.83$0.83$0.174.88$60.83
$55.00$59.00Aug 7$3.30$3.30$0.704.71$58.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$68.00$62.00Aug 14$3.89$3.89$2.111.84$64.11
$66.00$63.00Aug 7$1.90$1.90$1.101.73$64.10
$63.00$62.00Aug 7$0.51$0.51$0.491.04$62.49
$62.50$62.00Aug 21$0.24$0.24$0.260.92$62.26
$64.00$60.00Aug 28$1.82$1.82$2.180.83$62.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 19 found (avg debit $0.64, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$66.00Jul 31Aug 7$0.18745.6%44.8%
$68.00Jul 31Aug 7$0.18534.2%48.6%
$59.00Aug 7Aug 14$0.5043.1%41.5%
$65.00Jul 31Aug 7$0.51317.3%43.7%
$60.00Jul 31Aug 7$0.66921.5%42.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$50.00Aug 21Aug 28$0.0750.7%49.1%
$51.00Aug 21Aug 28$0.1444.4%47.9%
$56.00Aug 7Aug 14$0.1848.8%44.2%
$57.00Aug 7Aug 14$0.2846.5%44.4%
$54.00Jul 31Aug 28$0.32921.6%42.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 1.25% of stock, avg 8.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$63.00Jul 31$0.06$0.72$0.78$62.22$63.781.25%
$62.00Jul 31$0.42$0.40$0.82$61.18$62.821.32%
$61.00Jul 31$1.35$0.50$1.85$59.15$62.852.97%
$64.00Jul 31$0.12$1.92$2.04$61.96$66.043.28%
$62.00Aug 7$1.62$1.37$2.99$59.01$64.994.81%
$63.00Aug 7$1.16$1.88$3.04$59.96$66.044.89%
$61.00Aug 7$2.24$0.95$3.19$57.81$64.195.13%
$60.00Jul 31$2.18$1.07$3.25$56.75$63.255.22%
$60.00Aug 7$2.84$0.59$3.43$56.57$63.435.51%
$59.00Aug 7$3.68$0.37$4.05$54.95$63.056.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 124 found (cheapest 0.74% of stock, avg 3.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$67.00$58.00Aug 7$0.23$0.23$0.46$57.54$67.46
$66.00$58.00Aug 7$0.36$0.23$0.59$57.41$66.59
$67.00$59.00Aug 7$0.23$0.37$0.60$58.40$67.60
$66.00$59.00Aug 7$0.36$0.37$0.73$58.27$66.73
$65.00$58.00Aug 7$0.52$0.23$0.75$57.25$65.75
$67.00$60.00Aug 7$0.23$0.59$0.82$59.18$67.82
$68.00$57.00Aug 14$0.45$0.43$0.88$56.12$68.88
$65.00$59.00Aug 7$0.52$0.37$0.89$58.11$65.89
$66.00$60.00Aug 7$0.36$0.59$0.95$59.05$66.95
$68.00$58.00Aug 14$0.45$0.54$0.99$57.01$68.99

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 158 found (best R:R 5.25, avg credit $0.76)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
59/6061/62Aug 7$0.84$0.165.25$59.16$61.84
59/6062/63Aug 14$0.84$0.165.25$59.16$62.84
60/6162/63Aug 7$0.82$0.184.56$60.18$62.82
62/6364/65Aug 7$0.81$0.194.26$62.19$64.81
58/5961/62Aug 14$0.81$0.194.26$58.19$61.81
57/5860/61Aug 21$0.79$0.213.76$56.71$60.79
61/6265/66Aug 21$0.78$0.223.55$61.22$65.78
56/5759/61Aug 14$1.53$0.473.26$55.47$60.53
58/5961/62Aug 7$0.76$0.243.17$58.24$61.76
61/6263/64Aug 7$0.76$0.243.17$61.24$63.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$68.00$69.00$70.00Aug 21$0.05$0.9519.00
$66.00$67.00$68.00Aug 7$0.09$0.9110.11
$61.00$62.00$63.00Aug 14$0.10$0.909.00
$62.00$63.00$64.00Aug 14$0.10$0.909.00
$63.00$64.00$65.00Aug 14$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$57.00$58.00$59.00Aug 7$0.06$0.9415.67
$60.00$61.00$62.00Aug 7$0.06$0.9415.67
$58.00$59.00$60.00Aug 7$0.08$0.9211.50
$61.00$62.00$63.00Aug 7$0.09$0.9110.11
$56.00$58.00$60.00Aug 28$0.18$1.8210.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-0.01, 65 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$59.001:2Aug 7-$0.38$3.62
$62.50$65.001:2Aug 21-$0.44$2.06
$58.00$60.001:2Jul 31-$0.16$1.84
$66.00$68.001:2Aug 14-$0.17$1.83
$66.00$67.501:2Aug 21-$0.43$1.07
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$64.00$60.001:2Aug 28-$0.01$3.99
$60.00$57.001:2Sep 4-$0.43$2.57
$55.00$52.501:2Aug 21-$0.04$2.46
$53.00$51.001:2Aug 28-$0.06$1.94
$58.00$56.001:2Aug 28-$0.12$1.88

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 3.73%, avg 1.27%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$62.50Aug 21$2.320.510.5%3.73%4.18%23488
$65.00Aug 28$1.610.384.5%2.59%7.06%3--
$63.00Aug 14$1.470.461.2%2.36%3.62%195
$65.00Aug 21$1.350.354.5%2.17%6.64%92.0K
$67.00Sep 4$1.280.327.7%2.06%9.74%1--
$66.00Aug 28$1.210.336.1%1.94%8.02%121
$64.00Aug 14$1.190.382.9%1.91%4.77%2122
$67.00Aug 28$1.110.297.7%1.78%9.47%142
$63.00Aug 7$1.080.431.2%1.74%2.99%17564
$66.00Aug 21$0.970.296.1%1.56%7.63%1--

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 2,680
Total Puts 3,110
Put/Call Ratio 1.16
Net Difference -430

Prior's Put/Call Breakdown

Total Calls 3,888
Total Puts 2,947
Put/Call Ratio 0.76
Net Difference 941

Prior 7-Day Put/Call Summary

Total Calls 47,842
Total Puts 34,721
Average Put/Call Ratio 0.82
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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