Tour v366
ELV
ELEVANCE HEALTH INC
$382.23 +2.44%
$375.00 (-1.89%)🌙
as of 07/20 06:27 PM
7/20 18:27

Option Volume

Detail
Current (07/20) 3,106
Calls: 2,314 (75%)
Puts: 792 (25%)
Prior (07/17) 3,407
Calls: 1,902 (56%)
Puts: 1,505 (44%)
Current vs Prior -8.83%
Calls: +21.66% (Calls)
Puts: -47.38% (Puts)
Prior 7-Day Total 26,672
Calls: 16,772 (63%)
Puts: 9,900 (37%)
Prior 7-Day Average 3,810
Calls: 2,396 (63%)
Puts: 1,414 (37%)
Current vs Prior 7-Day Avg -18.48%
Calls: -3.42%
Puts: -44.00%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $3.42M
Calls: $2.23M (65%)
Puts: $1.19M (35%)
Prior (07/17) $2.90M
Calls: $1.25M (43%)
Puts: $1.65M (57%)
Current vs Prior +17.97%
Calls: +78.57%
Puts: -28.00%
Prior 7-Day Total $25.33M
Calls: $16.26M (64%)
Puts: $9.07M (36%)
Prior 7-Day Average $3.62M
Calls: $2.32M (64%)
Puts: $1.30M (36%)
Current vs Prior 7-Day Avg -5.51%
Calls: -3.92%
Puts: -8.36%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.34
Prior (07/17) 0.79
Current vs Prior -56.75%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg -41.05%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 11,200
Calls: 7,269 (65%)
Puts: 3,931 (35%)
Prior (07/17) 14,742
Calls: 9,432 (64%)
Puts: 5,310 (36%)
Current vs Prior -24.03%
Prior 7-Day Total 132,593
Calls: 79,734 (60%)
Puts: 52,859 (40%)
Prior 7-Day Average 18,941
Calls: 11,390 (60%)
Puts: 7,551 (40%)
Current vs Prior 7-Day Avg -40.87%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 9.37% | 12.09%
Prior 9.57% | 12.69%
Current vs Prior -2.11% | -4.76%
Prior 7-Day Avg 7.21% | 11.32%
Current vs 7-Day Avg +29.92% | +6.73%
Prior 7-Day Eod 9.57% | 12.69%
Current vs 7-Day Eod -2.11% | -4.76%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 27.18% | 11.92%
Calls: 29.66% | 6.62%
Puts: 24.69% | 17.21%
Prior 27.18% | 11.92%
Calls: 29.66% | 6.62%
Puts: 24.69% | 17.21%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 20.42% | 11.97%
Calls: 17.86% | 8.45%
Puts: 22.98% | 15.49%
Current vs 7-Day Avg +33.10% | -0.44%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($2.23M). Extreme bullish P/C ratio of 0.34 - heavy call buying (2,314 calls vs 792 puts). P/C ratio dropping 57% - sentiment shifting bullish. Call-heavy open interest (7,269 calls vs 3,931 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 BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
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 3 of results (avg 8.5%, best 6.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Aug 2128.4031.10$29.759.1%40.7529
$350.00Aug 2136.2039.90$38.059.7%20.839
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Aug 2131.2033.40$32.306.8%10.74--

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 6 found (avg delta 0.68, highest 0.83)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Aug 2136.2039.90$38.059.7%20.839
$360.00Aug 2128.4031.10$29.759.1%40.7529
$370.00Aug 2121.9024.50$23.2011.2%120.65271
$380.00Aug 2116.4018.80$17.6013.6%1600.55102
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Aug 2131.2033.40$32.306.8%10.74--
$390.00Aug 2116.9019.50$18.2014.3%100.55156

Most actively traded options today. High liquidity = easy entry/exit. 20 active (total vol 2.2K, top 909)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Aug 212.353.00$2.6824.3%9090.141.1K
$390.00Aug 2111.6013.40$12.5014.4%5100.45154
$380.00Aug 2116.4018.80$17.6013.6%1600.55102
$400.00Aug 218.009.70$8.8519.2%1010.35227
$420.00Aug 213.604.20$3.9015.4%1000.19142
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 2112.6014.60$13.6014.7%1230.4589
$370.00Aug 218.4010.30$9.3520.3%630.35190
$350.00Aug 213.304.40$3.8528.6%360.18232
$360.00Aug 215.406.60$6.0020.0%270.25391
$340.00Aug 211.752.85$2.3047.8%180.1282

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 39.00, avg 7.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$430.00$440.00Aug 21$0.70$9.30$0.7013.29$430.70
$440.00$450.00Aug 21$0.78$9.22$0.7811.82$440.78
$420.00$430.00Aug 21$1.22$8.78$1.227.20$421.22
$410.00$420.00Aug 21$1.85$8.15$1.854.41$411.85
$400.00$410.00Aug 21$3.10$6.90$3.102.23$403.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$330.00$320.00Aug 21$0.25$9.75$0.2539.00$329.75
$340.00$330.00Aug 21$0.57$9.43$0.5716.54$339.43
$350.00$340.00Aug 21$1.55$8.45$1.555.45$348.45
$360.00$350.00Aug 21$2.15$7.85$2.153.65$357.85
$370.00$360.00Aug 21$3.35$6.65$3.351.99$366.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 4.88, avg 0.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$350.00$360.00Aug 21$8.30$8.30$1.704.88$358.30
$360.00$370.00Aug 21$6.55$6.55$3.451.90$366.55
$370.00$380.00Aug 21$5.60$5.60$4.401.27$375.60
$380.00$390.00Aug 21$5.10$5.10$4.901.04$385.10
$390.00$400.00Aug 21$3.65$3.65$6.350.57$393.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$410.00$390.00Aug 21$14.10$14.10$5.902.39$395.90
$390.00$380.00Aug 21$4.60$4.60$5.400.85$385.40
$380.00$370.00Aug 21$4.25$4.25$5.750.74$375.75
$370.00$360.00Aug 21$3.35$3.35$6.650.50$366.65
$360.00$350.00Aug 21$2.15$2.15$7.850.27$357.85

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 6 found (cheapest 8.03% of stock, avg 9.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$390.00Aug 21$12.50$18.20$30.70$359.30$420.708.03%
$380.00Aug 21$17.60$13.60$31.20$348.80$411.208.16%
$370.00Aug 21$23.20$9.35$32.55$337.45$402.558.52%
$360.00Aug 21$29.75$6.00$35.75$324.25$395.759.35%
$410.00Aug 21$5.75$32.30$38.05$371.95$448.059.95%
$350.00Aug 21$38.05$3.85$41.90$308.10$391.9010.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.30% of stock, avg 3.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$430.00$340.00Aug 21$2.68$2.30$4.98$335.02$434.98
$420.00$340.00Aug 21$3.90$2.30$6.20$333.80$426.20
$430.00$350.00Aug 21$2.68$3.85$6.53$343.47$436.53
$420.00$350.00Aug 21$3.90$3.85$7.75$342.25$427.75
$410.00$340.00Aug 21$5.75$2.30$8.05$331.95$418.05
$430.00$360.00Aug 21$2.68$6.00$8.68$351.32$438.68
$410.00$350.00Aug 21$5.75$3.85$9.60$340.40$419.60
$420.00$360.00Aug 21$3.90$6.00$9.90$350.10$429.90
$400.00$340.00Aug 21$8.85$2.30$11.15$328.85$411.15
$410.00$360.00Aug 21$5.75$6.00$11.75$348.25$421.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 58 found (best R:R 7.85, avg credit $5.45)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
330/340350/360Aug 21$8.87$1.137.85$331.13$358.87
320/330350/360Aug 21$8.55$1.455.90$321.45$358.55
360/370380/390Aug 21$8.45$1.555.45$361.55$388.45
340/350360/370Aug 21$8.10$1.904.26$341.90$368.10
370/380390/400Aug 21$7.90$2.103.76$372.10$397.90
350/360370/380Aug 21$7.75$2.253.44$352.25$377.75
380/390400/410Aug 21$7.70$2.303.35$382.30$407.70
390/410420/430Aug 21$15.32$4.683.27$394.68$435.32
390/410440/450Aug 21$14.88$5.122.91$395.12$454.88
390/410430/440Aug 21$14.80$5.202.85$395.20$444.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 30.25, cheapest $0.32)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$370.00$380.00$390.00Aug 21$0.50$9.5019.00
$420.00$430.00$440.00Aug 21$0.52$9.4818.23
$390.00$400.00$410.00Aug 21$0.55$9.4517.18
$410.00$420.00$430.00Aug 21$0.63$9.3714.87
$360.00$370.00$380.00Aug 21$0.95$9.059.53
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$330.00$340.00Aug 21$0.32$9.6830.25
$370.00$380.00$390.00Aug 21$0.35$9.6527.57
$340.00$350.00$360.00Aug 21$0.60$9.4015.67
$360.00$370.00$380.00Aug 21$0.90$9.1010.11
$330.00$340.00$350.00Aug 21$0.98$9.029.20

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 15 found (best net $-4.10, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$440.00$450.001:2Aug 21-$0.42$9.58
$430.00$440.001:2Aug 21-$1.28$8.72
$420.00$430.001:2Aug 21-$1.46$8.54
$410.00$420.001:2Aug 21-$2.05$7.95
$400.00$410.001:2Aug 21-$2.65$7.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$390.001:2Aug 21-$4.10$15.90
$350.00$340.001:2Aug 21-$0.75$9.25
$340.00$330.001:2Aug 21-$1.16$8.84
$330.00$320.001:2Aug 21-$1.23$8.77
$360.00$350.001:2Aug 21-$1.70$8.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 3.03%, avg 1.22%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$390.00Aug 21$11.600.452.0%3.03%5.07%510154
$400.00Aug 21$8.000.354.7%2.09%6.74%101227
$410.00Aug 21$5.200.267.3%1.36%8.63%6195
$420.00Aug 21$3.600.199.9%0.94%10.82%100142
$430.00Aug 21$2.350.1412.5%0.61%13.11%9091.1K
$440.00Aug 21$1.050.1115.1%0.27%15.39%770
$450.00Aug 21$0.800.0717.7%0.21%17.94%21440

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 2,314
Total Puts 792
Put/Call Ratio 0.34
Net Difference 1,522

Prior's Put/Call Breakdown

Total Calls 1,902
Total Puts 1,505
Put/Call Ratio 0.79
Net Difference 397

Prior 7-Day Put/Call Summary

Total Calls 16,772
Total Puts 9,900
Average Put/Call Ratio 0.58
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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