Tour v381
ENPH
ENPHASE ENERGY INC
$39.94 +1.22%
$40.09 (+0.38%)🌙
as of 07/21 06:03 PM
7/21 18:03

Option Volume

Detail
Current (07/21) 10,148
Calls: 6,563 (65%)
Puts: 3,585 (35%)
Prior (07/20) 18,719
Calls: 11,464 (61%)
Puts: 7,255 (39%)
Current vs Prior -45.79%
Calls: -42.75% (Calls)
Puts: -50.59% (Puts)
Prior 7-Day Total 165,978
Calls: 103,884 (63%)
Puts: 62,094 (37%)
Prior 7-Day Average 23,711
Calls: 14,840 (63%)
Puts: 8,870 (37%)
Current vs Prior 7-Day Avg -57.20%
Calls: -55.78%
Puts: -59.59%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $2.92M
Calls: $1.33M (46%)
Puts: $1.58M (54%)
Prior (07/20) $4.94M
Calls: $2.30M (47%)
Puts: $2.63M (53%)
Current vs Prior -40.91%
Calls: -42.09%
Puts: -39.88%
Prior 7-Day Total $58.38M
Calls: $16.58M (28%)
Puts: $41.80M (72%)
Prior 7-Day Average $8.34M
Calls: $2.37M (28%)
Puts: $5.97M (72%)
Current vs Prior 7-Day Avg -65.03%
Calls: -43.71%
Puts: -73.49%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21) 0.55
Prior (07/20) 0.63
Current vs Prior -13.69%
Prior 7-Day Average 0.79
Current vs Prior 7-Day Avg -31.10%
Sentiment BULLISH

Open Interest

Detail
Current (07/21) 356,978
Calls: 206,617 (58%)
Puts: 150,361 (42%)
Prior (07/20) 348,684
Calls: 202,781 (58%)
Puts: 145,903 (42%)
Current vs Prior +2.38%
Prior 7-Day Total 2,827,087
Calls: 1,653,230 (58%)
Puts: 1,173,857 (42%)
Prior 7-Day Average 403,869
Calls: 236,175 (58%)
Puts: 167,693 (42%)
Current vs Prior 7-Day Avg -11.61%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 7.84% | 18.90%23.61% | 29.57%
Prior 9.20% | 17.97%25.67% | 29.73%
Current vs Prior -14.81% | +5.21%-8.03% | -0.53%
Prior 7-Day Avg 8.62% | 14.65%10.22% | 25.58%
Current vs 7-Day Avg -9.11% | +29.03%+131.11% | +15.58%
Prior 7-Day Eod 9.20% | 17.97%25.67% | 29.73%
Current vs 7-Day Eod -14.81% | +5.21%-8.03% | -0.53%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 13.93% | 11.43%
Calls: 14.77% | 11.59%
Puts: 13.10% | 11.27%
Prior 10.75% | 16.93%
Calls: 7.85% | 21.91%
Puts: 13.64% | 11.94%
Current vs Prior +29.58% | -32.49%
Prior 7-Day Avg 60.69% | 18.58%
Calls: 48.17% | 22.15%
Puts: 73.20% | 15.00%
Current vs 7-Day Avg -77.05% | -38.47%
Liquidity Expensive
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🤖 AI Insights

Below-average activity with volume down 46% vs prior. Bullish P/C ratio of 0.55.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
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 21 of results (avg 8.3%, best 5.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Jul 242.482.71$2.608.8%10.73--
$35.00Aug 216.957.60$7.288.9%40.73705
$40.00Aug 144.154.55$4.359.2%90.5528
$39.00Aug 215.005.50$5.259.5%20.591
$40.50Aug 214.304.75$4.539.9%80.5591
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.50Jul 317.507.90$7.705.2%--0.7215
$43.00Aug 145.906.30$6.106.6%--0.5420
$40.00Aug 214.404.70$4.556.6%4090.447.9K
$40.00Aug 73.653.90$3.786.6%20.4584
$43.00Aug 216.256.70$6.486.9%100.54--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.98, cheapest $0.98)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$41.00Jul 240.921.05$0.9913.1%220.4151
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.00Jul 240.891.06$0.9817.3%210.37311

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 75 found (avg delta 0.68, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Jul 246.559.35$7.9535.2%60.992
$32.00Jul 246.009.85$7.9348.5%20.987
$33.00Jul 245.658.90$7.2844.6%420.971
$34.50Jul 244.157.45$5.8056.9%50.961
$33.50Jul 245.158.40$6.7847.9%460.931
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Jul 245.209.15$7.1855.0%--0.9414
$46.00Jul 244.256.70$5.4844.7%50.9395
$45.50Jul 243.757.00$5.3860.4%--0.9321
$45.00Jul 243.356.55$4.9564.6%30.92172
$44.50Jul 243.506.05$4.7853.3%20.8723

Most actively traded options today. High liquidity = easy entry/exit. 157 active (total vol 4.9K, top 534)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 212.443.10$2.7723.8%5340.401.8K
$46.00Jul 311.201.45$1.3318.8%4530.2854
$45.00Jul 240.040.17$0.11118.2%3700.08377
$43.00Jul 240.370.53$0.4535.6%3080.23203
$44.00Aug 71.923.15$2.5448.4%970.40168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 214.404.70$4.556.6%4090.447.9K
$40.00Jul 241.331.51$1.4212.7%2810.48495
$40.50Jul 241.601.78$1.6910.7%1370.5437
$40.00Aug 283.505.35$4.4341.8%1100.43117
$42.00Jul 241.393.05$2.2274.8%1050.70149

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 12.5%, max 37.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$34.00Jul 24Aug 28134.0%97.6%37.3%14--
$35.00Jul 24Aug 21127.4%101.0%26.0%5722
$33.00Jul 24Aug 21121.0%99.0%22.2%432
$47.00Jul 24Aug 28106.2%90.3%17.6%57344
$39.00Jul 31Aug 21111.5%95.2%17.2%115
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$34.00Jul 24Aug 21134.0%101.3%32.3%37197
$32.00Jul 24Aug 21122.2%97.4%25.5%4130
$35.00Jul 24Aug 28127.4%101.7%25.3%68279
$33.00Jul 24Aug 21121.0%99.0%22.2%2192
$35.50Jul 24Aug 21114.6%97.3%17.8%1044

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 84 found (best R:R 8.09, avg 1.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.00$42.50Jul 24$0.11$0.39$0.113.55$42.11
$44.50$45.00Jul 24$0.12$0.38$0.123.17$44.62
$43.00$43.50Jul 24$0.13$0.37$0.132.85$43.13
$34.00$34.50Jul 24$0.15$0.35$0.152.33$34.15
$45.00$45.50Jul 31$0.15$0.35$0.152.33$45.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$34.00Jul 31$0.11$0.89$0.118.09$34.89
$38.00$37.00Aug 14$0.13$0.87$0.136.69$37.87
$40.00$39.00Aug 28$0.13$0.87$0.136.69$39.87
$39.00$38.00Jul 31$0.14$0.86$0.146.14$38.86
$46.00$45.00Aug 7$0.17$0.83$0.174.88$45.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 98 found (best R:R 5.67, avg 1.24)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$39.00$39.50Aug 7$0.38$0.38$0.123.17$39.38
$39.00$39.50Aug 21$0.37$0.37$0.132.85$39.37
$43.00$44.00Aug 14$0.73$0.73$0.272.70$43.73
$44.00$45.00Aug 28$0.72$0.72$0.282.57$44.72
$44.00$45.00Aug 21$0.66$0.66$0.341.94$44.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$42.00$41.00Aug 14$0.85$0.85$0.155.67$41.15
$39.00$38.00Aug 28$0.84$0.84$0.165.25$38.16
$44.00$43.00Aug 14$0.83$0.83$0.174.88$43.17
$45.00$43.00Aug 21$1.62$1.62$0.384.26$43.38
$41.50$41.00Aug 21$0.40$0.40$0.104.00$41.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 47 found (avg debit $1.66, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$39.00Jul 31Aug 7$0.08111.5%96.5%
$47.50Jul 24Jul 31$0.82120.6%123.2%
$44.50Jul 24Jul 31$0.92102.3%105.4%
$43.00Jul 24Jul 31$1.19101.4%109.4%
$46.00Jul 24Jul 31$1.2399.7%128.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$32.00Jul 24Jul 31$0.47122.2%121.4%
$33.00Jul 24Jul 31$0.47121.0%110.8%
$47.00Jul 24Jul 31$0.52106.2%144.6%
$32.50Jul 24Jul 31$0.74108.1%132.9%
$34.00Jul 24Jul 31$0.88134.0%130.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 72 found (cheapest 7.11% of stock, avg 18.57%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$40.00Jul 24$1.42$1.42$2.84$37.16$42.847.11%
$42.00Jul 24$0.65$2.22$2.87$39.13$44.877.19%
$40.50Jul 24$1.20$1.69$2.89$37.61$43.397.24%
$39.50Jul 24$1.71$1.19$2.90$36.60$42.407.26%
$41.00Jul 24$0.99$1.99$2.98$38.02$43.987.46%
$41.50Jul 24$0.81$2.29$3.10$38.40$44.607.76%
$38.00Jul 24$2.60$0.64$3.24$34.76$41.248.11%
$37.00Jul 24$3.10$0.42$3.52$33.48$40.528.81%
$42.50Jul 24$0.54$3.00$3.54$38.96$46.048.86%
$43.00Jul 24$0.45$3.48$3.93$39.07$46.939.84%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 2.95% of stock, avg 14.99%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.50$38.00Jul 24$0.54$0.64$1.18$36.82$43.68
$42.00$38.00Jul 24$0.65$0.64$1.29$36.71$43.29
$42.50$38.50Jul 24$0.54$0.80$1.34$37.16$43.84
$41.50$38.00Jul 24$0.81$0.64$1.45$36.55$42.95
$42.00$38.50Jul 24$0.65$0.80$1.45$37.05$43.45
$42.50$39.00Jul 24$0.54$0.98$1.52$37.48$44.02
$41.50$38.50Jul 24$0.81$0.80$1.61$36.89$43.11
$41.00$38.00Jul 24$0.99$0.64$1.63$36.37$42.63
$42.00$39.00Jul 24$0.65$0.98$1.63$37.37$43.63
$42.50$39.50Jul 24$0.54$1.19$1.73$37.77$44.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 96 found (best R:R 8.09, avg credit $0.88)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
32/3240/41Jul 31$0.89$0.118.09$31.61$40.89
35/3646/47Aug 7$0.89$0.118.09$34.61$46.89
42/4345/46Aug 14$0.89$0.118.09$42.11$45.89
35/3644/45Aug 7$0.87$0.136.69$34.63$44.87
40/4146/47Aug 7$0.87$0.136.69$40.13$46.87
35/3740/42Aug 28$1.73$0.276.41$35.27$41.73
38/3940/40Jul 31$0.86$0.146.14$38.14$40.36
37/3843/44Aug 14$0.86$0.146.14$37.14$43.86
40/4144/45Aug 21$0.86$0.146.14$40.14$44.86
36/3844/45Aug 21$2.13$0.375.76$35.87$46.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 33 found (best R:R 39.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$42.00$44.00Aug 28$0.05$1.9539.00
$41.50$42.00$42.50Jul 24$0.05$0.459.00
$39.50$40.00$40.50Jul 24$0.07$0.436.14
$35.00$35.50$36.00Jul 24$0.08$0.425.25
$43.50$44.00$44.50Jul 24$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$42.00$44.00Aug 28$0.08$1.9224.00
$32.00$33.00$34.00Aug 21$0.07$0.9313.29
$32.50$33.00$33.50Jul 24$0.07$0.436.14
$37.00$37.50$38.00Jul 24$0.08$0.425.25
$37.00$38.00$39.00Aug 14$0.20$0.804.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-1.51, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$34.00$40.001:2Aug 28-$1.51$4.49
$35.00$39.001:2Aug 21-$3.22$0.78
$38.00$39.501:2Jul 24-$0.82$0.68
$46.00$46.501:2Jul 24-$0.06$0.44
$46.50$47.001:2Jul 24-$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$33.001:2Aug 7-$0.32$1.68
$38.00$35.501:2Aug 21-$0.89$1.61
$35.00$33.001:2Aug 14-$0.74$1.26
$34.00$33.001:2Jul 31$0.00$1.00
$36.00$35.001:2Jul 31-$0.48$0.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 11.14%, avg 5.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$40.00Aug 21$4.450.560.1%11.14%11.29%19820
$40.50Aug 21$4.300.551.4%10.77%12.17%891
$40.00Aug 14$4.150.550.1%10.39%10.54%928
$41.00Aug 21$4.050.542.6%10.14%12.79%76
$40.00Aug 28$3.700.580.1%9.26%9.41%2--
$42.50Aug 21$3.500.486.4%8.76%15.17%2137
$40.50Aug 7$3.400.541.4%8.51%9.91%1--
$42.00Aug 14$3.300.485.2%8.26%13.42%--30
$42.00Aug 21$3.250.495.2%8.14%13.29%--100
$40.00Jul 31$3.100.530.1%7.76%7.91%13477

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 6,563
Total Puts 3,585
Put/Call Ratio 0.55
Net Difference 2,978

Prior's Put/Call Breakdown

Total Calls 11,464
Total Puts 7,255
Put/Call Ratio 0.63
Net Difference 4,209

Prior 7-Day Put/Call Summary

Total Calls 103,884
Total Puts 62,094
Average Put/Call Ratio 0.79
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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