Tour v487
CNC
CENTENE CORP DEL
$63.76 +2.48%
$64.37 (+0.96%)🌙
as of 08/03 06:19 PM
8/3 18:19

Option Volume

Detail
Current (08/03) 5,352
Calls: 4,139 (77%)
Puts: 1,213 (23%)
Prior (07/31) 5,790
Calls: 2,680 (46%)
Puts: 3,110 (54%)
Current vs Prior -7.56%
Calls: +54.44% (Calls)
Puts: -61.00% (Puts)
Prior 7-Day Total 73,580
Calls: 42,482 (58%)
Puts: 31,098 (42%)
Prior 7-Day Average 10,511
Calls: 6,068 (58%)
Puts: 4,442 (42%)
Current vs Prior 7-Day Avg -49.08%
Calls: -31.80%
Puts: -72.70%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $1.88M
Calls: $1.53M (81%)
Puts: $349.8K (19%)
Prior (07/31) $1.41M
Calls: $826.7K (59%)
Puts: $585.4K (41%)
Current vs Prior +32.86%
Calls: +84.63%
Puts: -40.24%
Prior 7-Day Total $20.61M
Calls: $13.98M (68%)
Puts: $6.63M (32%)
Prior 7-Day Average $2.94M
Calls: $2.00M (68%)
Puts: $947.8K (32%)
Current vs Prior 7-Day Avg -36.28%
Calls: -23.55%
Puts: -63.09%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.29
Prior (07/31) 1.16
Current vs Prior -74.75%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg -66.02%
Sentiment BULLISH

Open Interest

Detail
Current (08/03) 120,344
Calls: 86,799 (72%)
Puts: 33,545 (28%)
Prior (07/31) 62,903
Calls: 39,977 (64%)
Puts: 22,926 (36%)
Current vs Prior +91.32%
Prior 7-Day Total 955,636
Calls: 643,361 (67%)
Puts: 312,275 (33%)
Prior 7-Day Average 136,519
Calls: 91,908 (67%)
Puts: 44,610 (33%)
Current vs Prior 7-Day Avg -11.85%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.08% | 7.18%8.50% | 14.05%
Prior 5.63% | 7.51%8.44% | 14.10%
Current vs Prior -9.66% | -4.30%+0.74% | -0.30%
Prior 7-Day Avg 6.30% | 8.81%10.98% | 16.03%
Current vs 7-Day Avg -19.33% | -18.43%-22.56% | -12.32%
Prior 7-Day Eod 5.63% | 7.51%8.44% | 14.10%
Current vs 7-Day Eod -9.66% | -4.30%+0.74% | -0.30%
Sentiment BULLISHBEARISH

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 12.55% | 10.46%
Calls: 9.41% | 9.32%
Puts: 15.69% | 11.59%
Current vs 7-Day Avg +12.69% | -12.97%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($1.53M) vs puts ($349.8K). Extreme bullish P/C ratio of 0.29 - heavy call buying (4,139 calls vs 1,213 puts). P/C ratio dropping 75% - sentiment shifting bullish. Call-heavy open interest (86,799 calls vs 33,545 puts) suggests bullish positioning.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 13 of results (avg 8.3%, best 5.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 144.354.60$4.475.6%200.7887
$62.00Aug 142.883.05$2.975.7%130.6587
$60.00Aug 214.705.05$4.887.2%20.76--
$62.00Aug 283.754.05$3.907.7%60.626
$60.00Aug 285.005.40$5.207.7%10.72--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 282.853.05$2.956.8%50.49--
$65.00Aug 71.952.15$2.059.8%20.64--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.75, cheapest $0.64)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 70.750.86$0.8113.6%1980.36902
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Aug 70.580.69$0.6417.2%570.29209
$59.00Aug 210.750.85$0.8012.5%180.21170

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 31 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Aug 79.7012.70$11.2026.8%21.001
$55.00Aug 76.659.50$8.0735.3%40.945
$54.00Aug 77.6510.60$9.1332.3%30.921
$56.00Aug 75.908.55$7.2336.7%40.915
$57.00Aug 75.007.30$6.1537.4%10.90--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 711.0513.35$12.2018.9%10.96--
$74.00Aug 710.0512.35$11.2020.5%10.95--
$68.00Aug 74.255.75$5.0030.0%70.891
$68.00Aug 284.305.70$5.0028.0%10.70--
$65.00Aug 71.952.15$2.059.8%20.64--

Most actively traded options today. High liquidity = easy entry/exit. 113 active (total vol 3.1K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 71.081.33$1.2120.7%1.2K0.48124
$62.00Aug 72.262.50$2.3810.1%3220.7123
$65.00Aug 70.750.86$0.8113.6%1980.36902
$63.00Aug 71.671.84$1.769.7%1140.59230
$67.00Aug 70.280.44$0.3644.4%1120.1967
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Aug 70.580.69$0.6417.2%570.29209
$59.00Aug 70.110.22$0.1764.7%550.09186
$60.00Aug 70.200.33$0.2748.1%430.14215
$58.00Aug 70.000.15$0.08187.5%360.0541
$53.00Aug 140.000.22$0.11200.0%350.04--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 28 strikes (avg 33.4%, max 118.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Aug 7Aug 2194.3%43.5%116.9%1453
$75.00Aug 7Aug 2188.5%43.5%103.5%13117
$72.00Aug 7Aug 2175.1%45.2%66.1%182
$74.00Aug 7Aug 1482.7%51.0%62.3%6--
$70.00Aug 7Sep 1163.5%44.0%44.3%43237
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$57.00Aug 7Sep 488.0%40.3%118.3%825
$59.00Aug 7Aug 2857.0%42.5%34.3%56200
$53.00Aug 14Sep 462.1%48.1%29.0%38--
$60.00Aug 7Sep 455.0%43.2%27.1%45215
$61.00Aug 7Aug 2153.6%43.8%22.3%8--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 71 found (best R:R 21.73, avg 3.57)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$73.00$75.00Aug 21$0.11$1.89$0.1117.18$73.11
$71.00$72.00Aug 21$0.11$0.89$0.118.09$71.11
$68.00$69.00Aug 14$0.13$0.87$0.136.69$68.13
$69.00$70.00Sep 11$0.16$0.84$0.165.25$69.16
$67.00$68.00Aug 7$0.18$0.82$0.184.56$67.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$57.00$52.00Aug 7$0.22$4.78$0.2221.73$56.78
$58.00$53.00Aug 14$0.25$4.75$0.2519.00$57.75
$57.00$55.00Aug 21$0.10$1.90$0.1019.00$56.90
$60.00$59.00Aug 7$0.10$0.90$0.109.00$59.90
$60.00$59.00Aug 21$0.11$0.89$0.118.09$59.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 5.25, avg 0.81)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$55.00$56.00Aug 7$0.84$0.84$0.165.25$55.84
$57.00$60.00Aug 7$2.52$2.52$0.485.25$59.52
$60.00$62.00Aug 14$1.50$1.50$0.503.00$61.50
$60.00$62.50Aug 21$1.73$1.73$0.772.25$61.73
$60.00$62.00Aug 28$1.30$1.30$0.701.86$61.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$62.50$62.00Aug 21$0.30$0.30$0.201.50$62.20
$65.00$64.00Aug 7$0.57$0.57$0.431.33$64.43
$66.00$65.00Aug 21$0.56$0.56$0.441.27$65.44
$58.00$57.00Sep 4$0.54$0.54$0.461.17$57.46
$68.00$64.00Aug 28$2.05$2.05$1.951.05$65.95

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 23 found (avg debit $0.53, cheapest $0.22)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$72.00Aug 7Aug 21$0.2375.1%45.2%
$71.00Aug 14Aug 21$0.3143.3%45.3%
$69.00Aug 7Aug 14$0.3254.2%46.5%
$70.00Aug 7Aug 14$0.3763.5%54.4%
$68.00Aug 7Aug 14$0.4050.5%45.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$57.00Aug 7Aug 21$0.2288.0%48.7%
$56.00Aug 28Sep 11$0.2548.3%43.7%
$53.00Aug 14Sep 4$0.2762.1%48.1%
$58.00Aug 7Aug 14$0.2855.5%49.3%
$59.00Aug 7Aug 14$0.3157.0%47.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 4.22% of stock, avg 9.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Aug 7$1.21$1.48$2.69$61.31$66.694.22%
$63.00Aug 7$1.76$1.02$2.78$60.22$65.784.36%
$65.00Aug 7$0.81$2.05$2.86$62.14$67.864.49%
$62.00Aug 7$2.38$0.64$3.02$58.98$65.024.74%
$60.00Aug 7$3.63$0.27$3.90$56.10$63.906.12%
$63.00Aug 14$2.45$1.66$4.11$58.89$67.116.45%
$62.00Aug 14$2.97$1.26$4.23$57.77$66.236.63%
$62.50Aug 21$3.15$1.92$5.07$57.43$67.577.95%
$65.00Aug 21$1.96$3.14$5.10$59.90$70.108.00%
$60.00Aug 14$4.47$0.68$5.15$54.85$65.158.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 109 found (cheapest 0.71% of stock, avg 3.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$60.00Aug 7$0.18$0.27$0.45$59.55$68.45
$68.00$57.00Aug 7$0.18$0.30$0.48$56.52$68.48
$68.00$61.00Aug 7$0.18$0.43$0.61$60.39$68.61
$67.00$60.00Aug 7$0.36$0.27$0.63$59.37$67.63
$67.00$57.00Aug 7$0.36$0.30$0.66$56.34$67.66
$67.00$61.00Aug 7$0.36$0.43$0.79$60.21$67.79
$66.00$60.00Aug 7$0.55$0.27$0.82$59.18$66.82
$68.00$62.00Aug 7$0.18$0.64$0.82$61.18$68.82
$66.00$57.00Aug 7$0.55$0.30$0.85$56.15$66.85
$66.00$61.00Aug 7$0.55$0.43$0.98$60.02$66.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 157 found (best R:R 7.33, avg credit $0.81)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
61/6263/64Aug 14$0.88$0.127.33$61.12$63.88
62/6364/65Aug 14$0.87$0.136.69$62.13$64.87
60/6165/66Aug 21$0.82$0.184.56$60.18$65.82
58/5960/62Aug 14$1.62$0.384.26$57.38$61.62
60/6163/64Aug 14$0.80$0.204.00$60.20$63.80
61/6264/65Aug 14$0.80$0.204.00$61.20$64.80
57/5862/64Sep 4$1.57$0.433.65$56.43$63.57
60/6162/63Aug 7$0.78$0.223.55$60.22$62.78
62/6364/65Aug 7$0.78$0.223.55$62.22$64.78
56/5860/62Aug 28$1.56$0.443.55$56.44$61.56

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 28 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$62.00$63.00$64.00Aug 7$0.07$0.9313.29
$65.00$66.00$67.00Aug 7$0.07$0.9313.29
$68.00$69.00$70.00Aug 7$0.07$0.9313.29
$63.00$64.00$65.00Aug 14$0.08$0.9211.50
$66.00$67.00$68.00Aug 14$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$60.00$61.00$62.00Aug 7$0.05$0.9519.00
$59.00$60.00$61.00Aug 14$0.05$0.9519.00
$59.00$60.00$61.00Aug 7$0.06$0.9415.67
$61.00$62.00$63.00Aug 14$0.07$0.9313.29
$62.00$63.00$64.00Aug 7$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 73 found (best net $-0.90, 63 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$71.00$74.001:2Aug 14-$0.06$2.94
$73.00$75.001:2Aug 21-$0.01$1.99
$72.00$74.001:2Aug 7-$0.07$1.93
$57.00$60.001:2Aug 7-$1.11$1.89
$70.00$72.001:2Aug 7-$0.11$1.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$68.00$64.001:2Aug 28-$0.90$3.10
$55.00$53.001:2Sep 4-$0.01$1.99
$65.00$62.501:2Aug 21-$0.70$1.80
$57.00$55.001:2Aug 21-$0.32$1.68
$58.00$56.001:2Aug 28-$0.35$1.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 33 found (best yield 4.61%, avg 1.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$64.00Sep 4$2.940.510.4%4.61%4.99%1--
$64.00Aug 28$2.610.510.4%4.09%4.47%1466
$65.00Sep 4$2.430.461.9%3.81%5.76%21
$65.00Aug 21$1.850.441.9%2.90%4.85%52.0K
$64.00Aug 14$1.810.490.4%2.84%3.22%823
$66.00Aug 21$1.460.383.5%2.29%5.80%19
$65.00Aug 14$1.360.411.9%2.13%4.08%1655
$69.00Sep 11$1.310.308.2%2.05%10.27%1--
$70.00Sep 11$1.210.289.8%1.90%11.68%1--
$69.00Sep 4$1.110.288.2%1.74%9.96%63--

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 4,139
Total Puts 1,213
Put/Call Ratio 0.29
Net Difference 2,926

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 42,482
Total Puts 31,098
Average Put/Call Ratio 0.86
Ratio Trend Falling

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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