Tour v490
CNC
CENTENE CORP DEL
$64.07 +0.49%
$64.50 (+0.67%)🌙
as of 08/04 06:32 PM
8/4 18:32

Option Volume

Detail
Current (08/04) 5,876
Calls: 3,129 (53%)
Puts: 2,747 (47%)
Prior (08/03) 5,352
Calls: 4,139 (77%)
Puts: 1,213 (23%)
Current vs Prior +9.79%
Calls: -24.40% (Calls)
Puts: +126.46% (Puts)
Prior 7-Day Total 73,510
Calls: 44,174 (60%)
Puts: 29,336 (40%)
Prior 7-Day Average 10,501
Calls: 6,310 (60%)
Puts: 4,190 (40%)
Current vs Prior 7-Day Avg -44.05%
Calls: -50.42%
Puts: -34.45%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04) $2.42M
Calls: $1.46M (60%)
Puts: $958.7K (40%)
Prior (08/03) $1.88M
Calls: $1.53M (81%)
Puts: $349.8K (19%)
Current vs Prior +29.07%
Calls: -4.16%
Puts: +174.06%
Prior 7-Day Total $20.70M
Calls: $14.54M (70%)
Puts: $6.15M (30%)
Prior 7-Day Average $2.96M
Calls: $2.08M (70%)
Puts: $879.3K (30%)
Current vs Prior 7-Day Avg -18.10%
Calls: -29.59%
Puts: +9.04%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 0.88
Prior (08/03) 0.29
Current vs Prior +199.56%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +20.14%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/04) 76,104
Calls: 50,265 (66%)
Puts: 25,839 (34%)
Prior (08/03) 120,344
Calls: 86,799 (72%)
Puts: 33,545 (28%)
Current vs Prior -36.76%
Prior 7-Day Total 1,000,526
Calls: 684,116 (68%)
Puts: 316,410 (32%)
Prior 7-Day Average 142,932
Calls: 97,730 (68%)
Puts: 45,201 (32%)
Current vs Prior 7-Day Avg -46.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.56% | 6.91%8.46% | 14.02%
Prior 5.08% | 7.18%8.50% | 14.05%
Current vs Prior -10.31% | -3.74%-0.48% | -0.26%
Prior 7-Day Avg 6.56% | 8.32%10.39% | 15.47%
Current vs 7-Day Avg -30.54% | -16.87%-18.61% | -9.38%
Prior 7-Day Eod 5.08% | 7.18%8.50% | 14.05%
Current vs 7-Day Eod -10.31% | -3.74%-0.48% | -0.26%
Sentiment BULLISHBULLISH

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 13.15% | 9.90%
Calls: 9.95% | 9.21%
Puts: 16.36% | 10.60%
Current vs 7-Day Avg +7.51% | -8.12%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 60% call dollar volume ($1.46M). P/C ratio rising 200% - increased hedging/bearish positioning. Call-heavy open interest (50,265 calls vs 25,839 puts) suggests bullish positioning. Declining open interest (down 37%) indicates positions being closed.

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 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 8 of results (avg 8.1%, best 6.0%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 70.780.83$0.816.2%1430.38999
$67.50Sep 182.372.55$2.467.3%20.39779
$60.00Sep 186.056.65$6.359.4%1070.702.0K
$65.00Sep 183.353.70$3.539.9%280.494.4K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 184.054.30$4.186.0%180.512.4K
$67.50Sep 185.455.80$5.636.2%320.61124
$60.00Sep 181.852.04$1.959.7%190.301.5K
$62.50Sep 182.813.10$2.969.8%60.41753

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.83, cheapest $0.81)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 70.780.83$0.816.2%1430.38999
$70.00Aug 280.780.94$0.8618.6%120.2213
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 36 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.00Aug 79.2511.15$10.2018.6%11.00--
$57.00Aug 76.408.20$7.3024.7%20.961
$58.00Aug 75.357.30$6.3230.9%10.941
$60.00Aug 73.854.90$4.3824.0%30.92317
$55.00Aug 78.3510.15$9.2519.5%10.92--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Aug 710.9012.60$11.7514.5%10.98--
$75.00Aug 79.9511.55$10.7514.9%10.971
$72.00Aug 77.558.35$7.9510.1%20.97--
$74.00Aug 78.8510.70$9.7718.9%10.96--
$69.00Aug 74.155.45$4.8027.1%20.94--

Most actively traded options today. High liquidity = easy entry/exit. 114 active (total vol 2.5K, top 306)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Sep 181.601.78$1.6910.7%3060.30910
$63.00Aug 142.283.10$2.6930.5%2180.6040
$65.00Aug 70.780.83$0.816.2%1430.38999
$75.00Sep 180.300.95$0.63103.2%1320.143.1K
$67.00Aug 70.210.40$0.3161.3%1120.18150
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Aug 70.650.80$0.7320.5%2100.36146
$57.50Sep 181.201.37$1.2913.2%860.211.0K
$63.00Aug 282.052.48$2.2619.0%530.436
$66.00Aug 213.153.65$3.4014.7%340.6149
$67.50Sep 185.455.80$5.636.2%320.61124

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 21.9%, max 70.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Aug 7Aug 2867.8%44.4%52.8%4218
$70.00Aug 7Sep 1859.3%42.5%39.6%3241.2K
$60.00Aug 7Sep 1854.7%41.7%31.2%1102.3K
$64.00Aug 7Aug 2155.3%43.4%27.6%8813
$67.00Aug 7Aug 1455.3%43.9%26.0%117202
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$57.00Aug 7Aug 2875.9%44.5%70.5%2124
$58.00Aug 7Aug 2172.8%45.5%60.1%2275
$61.00Aug 7Sep 457.3%43.5%31.6%7139
$60.00Aug 7Sep 1854.7%41.7%31.2%281.7K
$64.00Aug 7Aug 2155.3%43.4%27.6%3257

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 66 found (best R:R 11.50, avg 2.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$74.00$75.00Aug 28$0.11$0.89$0.118.09$74.11
$68.00$70.00Aug 14$0.24$1.76$0.247.33$68.24
$70.00$71.00Aug 21$0.13$0.87$0.136.69$70.13
$66.00$67.00Aug 7$0.14$0.86$0.146.14$66.14
$69.00$70.00Aug 21$0.15$0.85$0.155.67$69.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$57.50$55.00Aug 21$0.20$2.30$0.2011.50$57.30
$60.00$59.00Aug 14$0.16$0.84$0.165.25$59.84
$61.00$60.00Aug 7$0.17$0.83$0.174.88$60.83
$60.00$59.00Aug 28$0.20$0.80$0.204.00$59.80
$59.00$57.00Aug 28$0.41$1.59$0.413.88$58.59

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 10.11, avg 1.13)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$60.00$63.00Aug 7$2.61$2.61$0.396.69$62.61
$52.50$57.50Sep 18$4.35$4.35$0.656.69$56.85
$59.00$61.00Aug 14$1.65$1.65$0.354.71$60.65
$57.50$60.00Sep 18$1.90$1.90$0.603.17$59.40
$61.00$62.00Aug 14$0.74$0.74$0.262.85$61.74
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$74.00$72.00Aug 7$1.82$1.82$0.1810.11$72.18
$69.00$65.00Aug 7$3.13$3.13$0.873.60$65.87
$67.50$65.00Sep 18$1.45$1.45$1.051.38$66.05
$65.00$64.00Aug 14$0.55$0.55$0.451.22$64.45
$64.00$63.00Aug 21$0.55$0.55$0.451.22$63.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 32 found (avg debit $0.54, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$73.00Aug 21Aug 28$0.0844.1%40.8%
$74.00Aug 28Sep 4$0.0848.0%42.9%
$71.00Aug 21Aug 28$0.2044.2%43.3%
$75.00Aug 21Aug 28$0.2045.6%47.4%
$72.00Aug 7Aug 14$0.2367.8%53.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$59.00Aug 14Aug 21$0.1447.2%40.1%
$66.00Aug 21Aug 28$0.2543.7%45.2%
$55.00Aug 21Sep 18$0.3147.7%38.1%
$58.00Aug 7Aug 21$0.3772.8%45.5%
$60.00Aug 7Aug 14$0.3754.7%46.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 27 found (cheapest 3.87% of stock, avg 9.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$65.00Aug 7$0.81$1.67$2.48$62.52$67.483.87%
$63.00Aug 7$1.77$0.73$2.50$60.50$65.503.90%
$64.00Aug 7$1.25$1.26$2.51$61.49$66.513.92%
$64.00Aug 14$2.02$1.86$3.88$60.12$67.886.06%
$65.00Aug 14$1.55$2.41$3.96$61.04$68.966.18%
$62.00Aug 14$3.16$0.96$4.12$57.88$66.126.43%
$63.00Aug 14$2.69$1.46$4.15$58.85$67.156.48%
$60.00Aug 7$4.38$0.14$4.52$55.48$64.527.05%
$61.00Aug 14$3.90$0.73$4.63$56.37$65.637.23%
$64.00Aug 21$2.52$2.36$4.88$59.12$68.887.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 128 found (cheapest 0.45% of stock, avg 3.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$60.00Aug 7$0.15$0.14$0.29$59.71$68.29
$67.00$60.00Aug 7$0.31$0.14$0.45$59.55$67.45
$68.00$61.00Aug 7$0.15$0.31$0.46$60.54$68.46
$68.00$62.00Aug 7$0.15$0.39$0.54$61.46$68.54
$66.00$60.00Aug 7$0.45$0.14$0.59$59.41$66.59
$67.00$61.00Aug 7$0.31$0.31$0.62$60.38$67.62
$67.00$62.00Aug 7$0.31$0.39$0.70$61.30$67.70
$66.00$61.00Aug 7$0.45$0.31$0.76$60.24$66.76
$66.00$62.00Aug 7$0.45$0.39$0.84$61.16$66.84
$70.00$60.00Aug 14$0.33$0.51$0.84$59.16$70.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 130 found (best R:R 14.62, avg credit $0.92)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
55/5860/62Sep 18$2.34$0.1614.62$55.16$62.34
59/6061/62Aug 14$0.90$0.109.00$59.10$61.90
61/6263/64Aug 14$0.90$0.109.00$61.10$63.90
63/6465/66Aug 7$0.89$0.118.09$63.11$65.89
60/6163/64Aug 14$0.89$0.118.09$60.11$63.89
59/6064/65Aug 21$0.87$0.136.69$59.13$64.87
61/6263/64Aug 21$0.87$0.136.69$61.13$63.87
62/6263/64Aug 21$0.87$0.136.69$61.63$63.87
62/6365/66Aug 14$0.85$0.155.67$62.15$65.85
60/6164/65Aug 21$0.85$0.155.67$60.15$64.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 40.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$70.00$72.50$75.00Sep 18$0.06$2.4440.67
$63.00$64.00$65.00Aug 7$0.08$0.9211.50
$64.00$65.00$66.00Aug 7$0.08$0.9211.50
$62.50$65.00$67.50Sep 18$0.20$2.3011.50
$67.50$70.00$72.50Sep 18$0.21$2.2910.90
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$59.00$60.00$61.00Aug 14$0.06$0.9415.67
$60.00$62.50$65.00Sep 18$0.21$2.2910.90
$62.50$65.00$67.50Sep 18$0.23$2.279.87
$57.50$60.00$62.50Sep 18$0.35$2.156.14
$63.00$64.00$65.00Aug 14$0.15$0.855.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 67 found (best net $-1.13, 58 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$59.00$63.001:2Aug 28-$1.13$2.87
$72.50$75.001:2Sep 18-$0.13$2.37
$70.00$72.001:2Aug 7-$0.01$1.99
$73.00$75.001:2Aug 21-$0.07$1.93
$70.00$72.501:2Sep 18-$0.57$1.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$63.001:2Aug 28-$0.87$2.13
$55.00$52.501:2Sep 18-$0.50$2.00
$55.00$53.001:2Aug 21-$0.01$1.99
$60.00$58.001:2Aug 7-$0.10$1.90
$60.00$57.501:2Sep 18-$0.63$1.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 33 found (best yield 5.23%, avg 1.26%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$65.00Sep 18$3.350.491.4%5.23%6.68%284.4K
$65.00Sep 11$2.890.491.4%4.51%5.96%1--
$67.50Sep 18$2.370.395.3%3.70%9.05%2779
$65.00Aug 21$1.720.461.4%2.68%4.14%272.0K
$70.00Sep 18$1.600.309.3%2.50%11.75%306910
$66.00Aug 21$1.440.393.0%2.25%5.26%5--
$65.00Aug 14$1.330.441.4%2.08%3.53%2969
$72.50Sep 18$1.050.2213.2%1.64%14.80%211.2K
$66.00Aug 14$1.020.373.0%1.59%4.60%2046
$70.00Sep 4$1.010.279.3%1.58%10.83%18

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 3,129
Total Puts 2,747
Put/Call Ratio 0.88
Net Difference 382

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 44,174
Total Puts 29,336
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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