Tour v452
CNC
CENTENE CORP DEL
$63.94 -0.22%
7/28 14:05

Option Volume

Detail
Current (07/28 2:05pm) 18,371
Calls: 10,457 (57%)
Puts: 7,914 (43%)
Prior (07/27) 9,419
Calls: 6,680 (71%)
Puts: 2,739 (29%)
Current vs Prior +95.04%
Calls: +56.54% (Calls)
Puts: +188.94% (Puts)
Prior 7-Day Total 89,512
Calls: 58,333 (65%)
Puts: 31,179 (35%)
Prior 7-Day Average 29,837
Calls: 8,333 (65%)
Puts: 4,454 (35%)
Current vs Prior 7-Day Avg -38.43%
Calls: +25.48%
Puts: +77.68%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28 2:05pm) $4.87M
Calls: $3.77M (77%)
Puts: $1.10M (23%)
Prior (07/27) $2.42M
Calls: $1.90M (79%)
Puts: $512.0K (21%)
Current vs Prior +101.71%
Calls: +98.25%
Puts: +114.58%
Prior 7-Day Total $29.84M
Calls: $25.89M (87%)
Puts: $3.96M (13%)
Prior 7-Day Average $9.95M
Calls: $3.70M (87%)
Puts: $565.1K (13%)
Current vs Prior 7-Day Avg -51.03%
Calls: +2.02%
Puts: +94.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28 2:05pm) 0.76
Prior (07/27) 0.41
Current vs Prior +84.58%
Prior 7-Day Average 0.52
Current vs Prior 7-Day Avg +46.03%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/28 2:05pm) 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 1,027,007
Calls: 767,179 (75%)
Puts: 259,828 (25%)
Prior 7-Day Average 342,335
Calls: 255,726 (75%)
Puts: 86,609 (25%)
Current vs Prior 7-Day Avg -8.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 5.52% | 7.44%10.26% | 15.17%
Prior 5.32% | 7.28%13.08% | 17.58%
Current vs Prior +3.81% | +2.19%-21.56% | -13.70%
Prior 7-Day Avg 8.58% | 9.95%13.08% | 17.58%
Current vs 7-Day Avg -35.62% | -25.19%-21.56% | -13.70%
Prior 7-Day Eod 5.32% | 7.28%13.42% | 17.63%
Current vs 7-Day Eod +3.81% | +2.19%-23.55% | -13.97%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.14% | 9.10%
Calls: 10.40% | 8.58%
Puts: 17.88% | 9.62%
Prior 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Current vs Prior +42.83% | -29.78%
Prior 7-Day Avg 13.05% | 14.94%
Calls: 9.23% | 13.17%
Puts: 16.87% | 16.69%
Current vs 7-Day Avg +8.35% | -39.07%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($3.77M) vs puts ($1.10M). Massive premium surge with dollar volume up 102% vs prior. Above-average activity with volume up 95% vs prior. P/C ratio rising 85% - increased hedging/bearish 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 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 27 of results (avg 7.9%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 213.003.15$3.084.9%180.525
$62.50Aug 213.804.00$3.905.1%1230.60575
$63.00Aug 143.003.20$3.106.5%40.585
$64.00Aug 142.492.67$2.587.0%20.529
$61.00Aug 73.854.15$4.007.5%50.734
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 142.432.58$2.516.0%100.4820
$65.00Aug 142.903.10$3.006.7%20.5442
$63.00Aug 141.992.13$2.066.8%100.427
$63.00Aug 212.412.59$2.507.2%130.4210
$68.00Aug 74.554.90$4.727.4%20.762

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.93, cheapest $0.93)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.00Aug 70.841.01$0.9318.3%610.2799

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 65 found (avg delta 0.75, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.00Jul 319.0011.55$10.2824.8%470.9845
$52.00Jul 3111.0013.95$12.4823.6%580.984
$52.00Aug 710.2012.85$11.5223.0%20.962
$53.00Jul 3110.0012.15$11.0819.4%670.9638
$53.00Aug 79.2012.35$10.7729.2%20.952
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 315.708.05$6.8834.2%10.9249
$73.00Aug 78.7011.00$9.8523.4%--0.9117
$72.00Jul 317.609.95$8.7726.8%--0.8915
$75.00Aug 2110.6513.05$11.8520.3%--0.8916
$69.00Jul 314.806.30$5.5527.0%10.8922

Most actively traded options today. High liquidity = easy entry/exit. 137 active (total vol 14.1K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 310.921.17$1.0523.8%2.0K0.401.5K
$65.00Aug 71.571.76$1.6711.4%1.5K0.441.5K
$64.00Jul 311.341.60$1.4717.7%7010.51516
$60.00Aug 74.355.00$4.6813.9%3220.7924
$62.00Jul 312.542.74$2.647.6%3000.7230
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.00Jul 310.340.52$0.4341.9%2.4K0.202.0K
$55.00Aug 210.300.76$0.5386.8%1.1K0.121.2K
$64.00Jul 311.371.64$1.5117.9%6530.49690
$60.00Jul 310.200.35$0.2853.6%6080.142.2K
$68.00Jul 313.755.85$4.8043.7%3010.84556

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 57.6%, max 151.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$73.00Jul 31Aug 28107.3%43.3%147.5%13149
$71.00Jul 31Aug 28100.1%45.6%119.5%--1.2K
$55.00Jul 31Aug 21104.9%52.7%99.0%732
$53.00Jul 31Aug 7119.7%70.0%71.0%6940
$58.00Jul 31Aug 2175.7%46.3%63.5%1311
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$53.00Jul 31Aug 21119.7%47.6%151.2%1841
$56.00Jul 31Aug 2196.9%48.2%101.0%4063
$55.00Jul 31Sep 4104.9%52.4%100.1%28353
$57.00Jul 31Aug 2883.3%45.5%83.1%58128
$54.00Jul 31Aug 2187.3%49.7%75.6%64274

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 87 found (best R:R 11.50, avg 2.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.00$75.00Aug 14$0.24$2.76$0.2411.50$72.24
$68.00$69.00Jul 31$0.11$0.89$0.118.09$68.11
$75.00$76.00Aug 21$0.14$0.86$0.146.14$75.14
$67.00$68.00Jul 31$0.15$0.85$0.155.67$67.15
$71.00$72.00Jul 31$0.15$0.85$0.155.67$71.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$54.00Jul 31$0.12$0.88$0.127.33$54.88
$54.00$53.00Aug 21$0.13$0.87$0.136.69$53.87
$57.00$56.00Aug 21$0.14$0.86$0.146.14$56.86
$59.00$58.00Aug 21$0.14$0.86$0.146.14$58.86
$61.00$60.00Jul 31$0.15$0.85$0.155.67$60.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 111 found (best R:R 17.18, avg 1.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$61.00$62.00Jul 31$0.89$0.89$0.118.09$61.89
$58.00$59.00Jul 31$0.83$0.83$0.174.88$58.83
$59.00$60.00Jul 31$0.82$0.82$0.184.56$59.82
$53.00$54.00Jul 31$0.80$0.80$0.204.00$53.80
$59.00$60.00Aug 14$0.80$0.80$0.204.00$59.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$72.00$70.00Jul 31$1.89$1.89$0.1117.18$70.11
$75.00$72.50Aug 21$2.28$2.28$0.2210.36$72.72
$72.50$70.00Aug 21$1.89$1.89$0.613.10$70.61
$69.00$68.00Jul 31$0.75$0.75$0.253.00$68.25
$68.00$66.00Aug 7$1.44$1.44$0.562.57$66.56

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 34 found (avg debit $0.46, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$71.00Jul 31Aug 7$0.06100.1%57.7%
$75.00Jul 31Aug 7$0.1674.0%60.9%
$69.00Jul 31Aug 7$0.3265.8%48.9%
$70.00Jul 31Aug 7$0.3364.6%51.8%
$55.00Jul 31Aug 7$0.35104.9%65.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.00Jul 31Aug 7$0.07113.9%73.0%
$55.00Jul 31Aug 7$0.09104.9%65.4%
$56.00Jul 31Aug 7$0.1496.9%62.9%
$54.00Jul 31Aug 7$0.1687.3%67.7%
$57.00Jul 31Aug 7$0.2383.3%60.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 4.66% of stock, avg 10.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Jul 31$1.47$1.51$2.98$61.02$66.984.66%
$63.00Jul 31$2.02$1.01$3.03$59.97$66.034.74%
$65.00Jul 31$1.05$2.04$3.09$61.91$68.094.83%
$62.00Jul 31$2.64$0.67$3.31$58.69$65.315.18%
$66.00Jul 31$0.72$2.71$3.43$62.57$69.435.36%
$67.00Jul 31$0.46$3.40$3.86$63.14$70.866.04%
$61.00Jul 31$3.53$0.43$3.96$57.04$64.966.19%
$64.00Aug 7$2.13$2.08$4.21$59.79$68.216.58%
$65.00Aug 7$1.67$2.61$4.28$60.72$69.286.69%
$63.00Aug 7$2.68$1.65$4.33$58.67$67.336.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 126 found (cheapest 0.92% of stock, avg 4.56%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$60.00Jul 31$0.31$0.28$0.59$59.41$68.59
$71.00$60.00Jul 31$0.40$0.28$0.68$59.32$71.68
$67.00$60.00Jul 31$0.46$0.28$0.74$59.26$67.74
$68.00$61.00Jul 31$0.31$0.43$0.74$60.26$68.74
$71.00$61.00Jul 31$0.40$0.43$0.83$60.17$71.83
$67.00$61.00Jul 31$0.46$0.43$0.89$60.11$67.89
$68.00$62.00Jul 31$0.31$0.67$0.98$61.02$68.98
$66.00$60.00Jul 31$0.72$0.28$1.00$59.00$67.00
$71.00$62.00Jul 31$0.40$0.67$1.07$60.93$72.07
$67.00$62.00Jul 31$0.46$0.67$1.13$60.87$68.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 107 found (best R:R 9.00, avg credit $1.02)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
60/6162/63Aug 7$0.90$0.109.00$60.10$62.90
59/6061/62Aug 7$0.89$0.118.09$59.11$61.89
58/5962/63Aug 14$0.89$0.118.09$58.11$62.89
62/6364/65Aug 14$0.89$0.118.09$62.11$64.89
59/6062/63Aug 7$0.87$0.136.69$59.13$62.87
61/6263/64Aug 7$0.87$0.136.69$61.13$63.87
61/6264/65Aug 14$0.87$0.136.69$61.13$64.87
62/6364/65Aug 7$0.86$0.146.14$62.14$64.86
63/6465/66Aug 14$0.85$0.155.67$63.15$65.85
64/6575/76Aug 28$0.85$0.155.67$64.15$75.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 55 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$65.00$66.00$67.00Aug 14$0.05$0.9519.00
$64.00$65.00$66.00Aug 7$0.06$0.9415.67
$67.00$68.00$69.00Aug 7$0.06$0.9415.67
$64.00$65.00$66.00Aug 28$0.06$0.9415.67
$62.00$63.00$64.00Jul 31$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$60.00$61.00$62.00Aug 7$0.07$0.9313.29
$59.00$60.00$61.00Jul 31$0.08$0.9211.50
$61.00$62.00$63.00Aug 7$0.08$0.9211.50
$53.00$54.00$55.00Aug 21$0.08$0.9211.50
$60.00$61.00$62.00Jul 31$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. 87 found (best net $-0.08, 81 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$70.001:2Aug 28-$0.08$3.92
$72.00$75.001:2Aug 14-$0.76$2.24
$73.00$75.001:2Aug 7-$0.12$1.88
$71.00$73.001:2Aug 28-$0.22$1.78
$67.00$69.001:2Aug 14-$0.55$1.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$69.00$65.001:2Aug 28-$1.25$2.75
$68.00$65.001:2Aug 14-$0.87$2.13
$61.00$59.001:2Aug 14-$0.44$1.56
$53.00$52.001:2Jul 31$0.00$1.00
$54.00$53.001:2Aug 21-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 5.40%, avg 1.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$64.00Sep 4$3.450.520.1%5.40%5.49%1313
$64.00Aug 28$3.250.530.1%5.08%5.18%226230
$64.00Aug 21$3.000.520.1%4.69%4.79%185
$65.00Aug 28$2.750.481.7%4.30%5.96%24
$65.00Aug 21$2.510.471.7%3.93%5.58%272.0K
$64.00Aug 14$2.490.520.1%3.89%3.99%29
$66.00Aug 28$2.370.443.2%3.71%6.93%--18
$64.00Aug 7$2.030.520.1%3.17%3.27%7354
$65.00Aug 14$2.020.461.7%3.16%4.82%2236
$67.00Aug 21$1.690.374.8%2.64%7.43%4615

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 10,457
Total Puts 7,914
Put/Call Ratio 0.76
Net Difference 2,543

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 58,333
Total Puts 31,179
Average Put/Call Ratio 0.52
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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