Tour v418
CNC
CENTENE CORP DEL
$64.45 +1.64%
7/27 14:05

Option Volume

Detail
Current (07/27 2:05pm) 9,419
Calls: 6,680 (71%)
Puts: 2,739 (29%)
Prior (04/28) 39,797
Calls: 28,786 (72%)
Puts: 11,011 (28%)
Current vs Prior -76.33%
Calls: -76.79% (Calls)
Puts: -75.12% (Puts)
Prior 7-Day Total 80,093
Calls: 51,653 (64%)
Puts: 28,440 (36%)
Prior 7-Day Average 40,046
Calls: 7,379 (64%)
Puts: 4,062 (36%)
Current vs Prior 7-Day Avg -76.48%
Calls: -9.47%
Puts: -32.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27 2:05pm) $2.42M
Calls: $1.90M (79%)
Puts: $512.0K (21%)
Prior (04/28) $19.13M
Calls: $17.63M (92%)
Puts: $1.49M (8%)
Current vs Prior -87.37%
Calls: -89.21%
Puts: -65.68%
Prior 7-Day Total $27.43M
Calls: $23.98M (87%)
Puts: $3.44M (13%)
Prior 7-Day Average $13.71M
Calls: $3.43M (87%)
Puts: $492.0K (13%)
Current vs Prior 7-Day Avg -82.39%
Calls: -44.46%
Puts: +4.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27 2:05pm) 0.41
Prior (04/28) 0.38
Current vs Prior +7.19%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg -28.37%
Sentiment BULLISH

Open Interest

Detail
Current (07/27 2:05pm) 301,105
Calls: 211,787 (70%)
Puts: 89,318 (30%)
Prior (04/28) 375,979
Calls: 284,460 (76%)
Puts: 91,519 (24%)
Current vs Prior -19.91%
Prior 7-Day Total 725,902
Calls: 555,392 (77%)
Puts: 170,510 (23%)
Prior 7-Day Average 362,951
Calls: 277,696 (77%)
Puts: 85,255 (23%)
Current vs Prior 7-Day Avg -17.04%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 10.13% | 11.42%13.08% | 17.58%
Prior 10.28% | 11.15%-- | --
Current vs Prior -1.40% | +2.42%-- | --
Prior 7-Day Avg 7.80% | 9.22%-- | --
Current vs 7-Day Avg +29.95% | +23.90%-- | --
Prior 7-Day Eod 10.28% | 11.15%-- | --
Current vs 7-Day Eod -1.40% | +2.42%-- | --
Sentiment BULLISH--

Relative Spread

Detail
Expiry | Next
Current 11.47% | 10.87%
Calls: 11.01% | 12.23%
Puts: 11.94% | 9.51%
Prior 16.20% | 16.91%
Calls: 11.84% | 17.00%
Puts: 20.55% | 16.81%
Current vs Prior -29.20% | -35.72%
Prior 7-Day Avg 16.20% | 16.91%
Calls: 11.84% | 17.00%
Puts: 20.55% | 16.81%
Current vs 7-Day Avg -29.20% | -35.72%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($1.90M) vs puts ($512.0K). Light premium activity with dollar volume down 87% vs prior. Below-average activity with volume down 76% vs prior. Extreme bullish P/C ratio of 0.41 - heavy call buying (6,680 calls vs 2,739 puts).

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 15 of results (avg 8.6%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Aug 212.632.76$2.704.8%270.41719
$65.00Aug 213.653.85$3.755.3%3350.511.9K
$60.00Aug 75.806.25$6.037.5%30.7219
$62.00Aug 215.055.55$5.309.4%40.632
$62.00Aug 74.504.95$4.729.5%30.64--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 316.356.85$6.607.6%--0.7549
$68.00Aug 145.556.00$5.787.8%--0.6216
$67.00Jul 314.354.75$4.558.8%360.61203
$69.00Jul 315.556.10$5.829.5%--0.7122
$65.00Aug 73.503.85$3.689.5%770.5040

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

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$71.00Jul 310.740.90$0.8219.5%400.21243
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.00Jul 310.750.87$0.8114.8%490.18159

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 45 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Jul 3111.5013.10$12.3013.0%101.00--
$53.00Jul 3110.5012.15$11.3314.6%150.945
$52.00Aug 711.4513.25$12.3514.6%20.92--
$54.00Jul 319.6511.25$10.4515.3%120.9223
$55.00Jul 318.6510.45$9.5518.8%40.902
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$72.00Jul 317.758.80$8.2812.7%--0.8215
$75.00Aug 2110.6012.50$11.5516.5%--0.8216
$73.00Aug 78.7511.15$9.9524.1%--0.8117
$72.50Aug 218.6510.90$9.7823.0%--0.7628
$70.00Jul 316.356.85$6.607.6%--0.7549

Most actively traded options today. High liquidity = easy entry/exit. 97 active (total vol 6.6K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 312.562.85$2.7110.7%1.4K0.4990
$65.00Aug 72.993.30$3.159.8%1.4K0.5087
$75.00Jul 310.280.39$0.3432.4%4520.10217
$65.00Aug 213.653.85$3.755.3%3350.511.9K
$64.00Jul 313.003.35$3.1811.0%2070.5478
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Jul 310.320.40$0.3622.2%2640.0939
$60.00Jul 311.221.40$1.3113.7%2580.261.7K
$54.00Jul 310.220.28$0.2524.0%1760.0714
$59.00Jul 310.941.20$1.0724.3%1620.223.0K
$65.00Jul 313.153.55$3.3511.9%1020.5128

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 37 strikes (avg 84.0%, max 107.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Jul 31Sep 4111.0%53.4%107.9%10613
$71.00Jul 31Aug 28107.4%53.1%102.3%40271
$74.00Jul 31Sep 4108.6%53.9%101.4%23131
$60.00Jul 31Aug 21114.2%57.7%97.9%68826
$65.00Jul 31Sep 4110.6%56.0%97.6%1.4K90
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$56.00Jul 31Sep 4115.0%55.8%106.2%533
$61.00Jul 31Aug 28113.3%55.6%103.9%512.0K
$64.00Jul 31Aug 28109.7%54.6%100.9%52611
$59.00Jul 31Aug 21116.2%58.2%99.5%1993.0K
$60.00Jul 31Aug 21114.2%57.7%97.9%2873.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 11.50, avg 2.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$73.00$75.00Aug 7$0.16$1.84$0.1611.50$73.16
$75.00$77.00Aug 21$0.21$1.79$0.218.52$75.21
$72.00$73.00Jul 31$0.11$0.89$0.118.09$72.11
$74.00$75.00Aug 21$0.11$0.89$0.118.09$74.11
$71.00$73.00Aug 28$0.23$1.77$0.237.70$71.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$56.00$55.00Jul 31$0.10$0.90$0.109.00$55.90
$57.00$55.00Aug 14$0.20$1.80$0.209.00$56.80
$57.00$52.00Aug 7$0.52$4.48$0.528.62$56.48
$55.00$54.00Jul 31$0.11$0.89$0.118.09$54.89
$55.00$52.50Aug 21$0.31$2.19$0.317.06$54.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 115 found (best R:R 13.71, avg 1.25)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$55.00$57.50Aug 21$2.33$2.33$0.1713.71$57.33
$54.00$55.00Jul 31$0.90$0.90$0.109.00$54.90
$53.00$54.00Jul 31$0.88$0.88$0.127.33$53.88
$58.00$60.00Jul 31$1.55$1.55$0.453.44$59.55
$52.50$55.00Aug 21$1.92$1.92$0.583.31$54.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$73.00$68.00Aug 7$4.42$4.42$0.587.62$68.58
$70.00$67.50Aug 21$2.15$2.15$0.356.14$67.85
$72.00$70.00Jul 31$1.68$1.68$0.325.25$70.32
$70.00$69.00Jul 31$0.78$0.78$0.223.55$69.22
$72.50$70.00Aug 21$1.93$1.93$0.573.39$70.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.41, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 31Aug 7$0.05106.7%89.9%
$71.00Jul 31Aug 7$0.18107.4%70.4%
$76.00Jul 31Aug 7$0.19111.0%76.5%
$72.00Jul 31Aug 7$0.24107.5%72.8%
$73.00Jul 31Aug 7$0.25108.8%74.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$59.00Jul 31Aug 7$0.18116.2%75.9%
$54.00Jul 31Aug 14$0.24118.3%65.8%
$57.00Jul 31Aug 7$0.25108.6%75.7%
$60.00Jul 31Aug 7$0.26114.2%76.5%
$61.00Jul 31Aug 7$0.26113.3%75.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 37 found (cheapest 9.28% of stock, avg 13.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Jul 31$3.18$2.80$5.98$58.02$69.989.28%
$65.00Jul 31$2.71$3.35$6.06$58.94$71.069.40%
$66.00Jul 31$2.32$3.85$6.17$59.83$72.179.57%
$63.00Jul 31$3.83$2.38$6.21$56.79$69.219.64%
$62.00Jul 31$4.43$1.99$6.42$55.58$68.429.96%
$67.00Jul 31$1.90$4.55$6.45$60.55$73.4510.01%
$68.00Jul 31$1.54$5.15$6.69$61.31$74.6910.38%
$65.00Aug 7$3.15$3.68$6.83$58.17$71.8310.60%
$63.00Aug 7$4.13$2.72$6.85$56.15$69.8510.63%
$64.00Aug 7$3.68$3.23$6.91$57.09$70.9110.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 124 found (cheapest 3.13% of stock, avg 7.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$77.00$56.00Sep 4$0.60$1.42$2.02$53.98$79.02
$72.00$57.00Aug 14$1.11$0.99$2.10$54.90$74.10
$71.00$57.00Aug 14$1.36$0.99$2.35$54.65$73.35
$76.00$57.00Aug 28$0.83$1.58$2.41$54.59$78.41
$69.00$60.00Jul 31$1.20$1.31$2.51$57.49$71.51
$76.00$56.00Sep 4$1.09$1.42$2.51$53.49$78.51
$75.00$56.00Sep 4$1.24$1.42$2.66$53.34$77.66
$70.00$57.00Aug 14$1.71$0.99$2.70$54.30$72.70
$69.00$61.00Jul 31$1.20$1.62$2.82$58.18$71.82
$68.00$60.00Jul 31$1.54$1.31$2.85$57.15$70.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 192 found (best R:R 9.00, avg credit $1.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
60/6162/63Aug 7$0.90$0.109.00$60.10$62.90
64/6570/71Aug 14$0.90$0.109.00$64.10$70.90
57/5960/62Aug 7$1.79$0.218.52$57.21$61.79
57/5862/63Jul 31$0.89$0.118.09$57.11$62.89
59/6063/64Jul 31$0.89$0.118.09$59.11$63.89
61/6266/67Aug 7$0.89$0.118.09$61.11$66.89
65/6970/71Aug 28$3.45$0.556.27$65.55$73.45
58/5962/63Jul 31$0.86$0.146.14$58.14$62.86
62/6364/65Jul 31$0.86$0.146.14$62.14$64.86
61/6263/64Aug 7$0.86$0.146.14$61.14$63.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$71.00$72.00$73.00Jul 31$0.05$0.9519.00
$66.00$67.00$68.00Jul 31$0.06$0.9415.67
$70.00$71.00$72.00Jul 31$0.06$0.9415.67
$74.00$75.00$76.00Sep 4$0.07$0.9313.29
$64.00$65.00$66.00Jul 31$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$60.00$61.00$62.00Jul 31$0.06$0.9415.67
$59.00$60.00$61.00Jul 31$0.07$0.9313.29
$67.00$68.00$69.00Jul 31$0.07$0.9313.29
$62.00$63.00$64.00Aug 7$0.08$0.9211.50
$64.00$65.00$66.00Aug 7$0.09$0.9110.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-0.68, 50 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$53.00$60.001:2Aug 7-$0.68$6.32
$73.00$76.001:2Aug 28-$0.16$2.84
$72.00$75.001:2Aug 14-$0.29$2.71
$66.00$69.001:2Aug 14-$0.83$2.17
$66.00$70.001:2Aug 28-$1.87$2.13
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$73.00$68.001:2Aug 7-$1.11$3.89
$61.00$57.001:2Aug 28-$0.52$3.48
$55.00$52.501:2Aug 21-$0.21$2.29
$69.00$65.001:2Aug 28-$2.11$1.89
$59.00$57.001:2Aug 7-$0.29$1.71

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 6.28%, avg 2.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$65.00Sep 4$4.050.510.8%6.28%7.14%1--
$65.00Aug 21$3.650.510.8%5.66%6.52%3351.9K
$65.00Aug 14$3.300.500.8%5.12%5.97%1030
$66.00Aug 28$3.250.482.4%5.04%7.45%108
$65.00Aug 7$2.990.500.8%4.64%5.49%1.4K87
$66.00Aug 14$2.890.462.4%4.48%6.89%31--
$67.00Aug 21$2.760.434.0%4.28%8.24%--15
$67.50Aug 21$2.630.414.7%4.08%8.81%27719
$65.00Jul 31$2.560.490.8%3.97%4.83%1.4K90
$66.00Aug 7$2.520.452.4%3.91%6.31%1210

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 6,680
Total Puts 2,739
Put/Call Ratio 0.41
Net Difference 3,941

Prior's Put/Call Breakdown

Total Calls 28,786
Total Puts 11,011
Put/Call Ratio 0.38
Net Difference 17,775

Prior 7-Day Put/Call Summary

Total Calls 51,653
Total Puts 28,440
Average Put/Call Ratio 0.57
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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