Tour v388
ENPH
ENPHASE ENERGY INC
$39.58 -0.90%
$39.62 (+0.10%)🌙
as of 07/22 06:14 PM
7/22 18:14

Option Volume

Detail
Current (07/22) 10,806
Calls: 7,698 (71%)
Puts: 3,108 (29%)
Prior (07/21) 10,148
Calls: 6,563 (65%)
Puts: 3,585 (35%)
Current vs Prior +6.48%
Calls: +17.29% (Calls)
Puts: -13.31% (Puts)
Prior 7-Day Total 133,848
Calls: 72,973 (55%)
Puts: 60,875 (45%)
Prior 7-Day Average 19,121
Calls: 10,424 (55%)
Puts: 8,696 (45%)
Current vs Prior 7-Day Avg -43.49%
Calls: -26.16%
Puts: -64.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $3.53M
Calls: $2.15M (61%)
Puts: $1.39M (39%)
Prior (07/21) $2.92M
Calls: $1.33M (46%)
Puts: $1.58M (54%)
Current vs Prior +21.22%
Calls: +61.16%
Puts: -12.42%
Prior 7-Day Total $56.59M
Calls: $14.81M (26%)
Puts: $41.79M (74%)
Prior 7-Day Average $8.08M
Calls: $2.12M (26%)
Puts: $5.97M (74%)
Current vs Prior 7-Day Avg -56.28%
Calls: +1.58%
Puts: -76.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.40
Prior (07/21) 0.55
Current vs Prior -26.09%
Prior 7-Day Average 0.85
Current vs Prior 7-Day Avg -52.64%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 171,589
Calls: 114,745 (67%)
Puts: 56,844 (33%)
Prior (07/21) 356,978
Calls: 206,617 (58%)
Puts: 150,361 (42%)
Current vs Prior -51.93%
Prior 7-Day Total 2,762,116
Calls: 1,613,219 (58%)
Puts: 1,148,897 (42%)
Prior 7-Day Average 394,588
Calls: 230,459 (58%)
Puts: 164,128 (42%)
Current vs Prior 7-Day Avg -56.51%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 6.37% | 16.25%23.45% | 28.12%
Prior 7.84% | 18.90%23.61% | 29.57%
Current vs Prior -18.76% | -14.06%-0.70% | -4.90%
Prior 7-Day Avg 8.33% | 15.41%12.18% | 26.15%
Current vs 7-Day Avg -23.57% | +5.42%+92.54% | +7.54%
Prior 7-Day Eod 7.84% | 18.90%23.61% | 29.57%
Current vs 7-Day Eod -18.76% | -14.06%-0.70% | -4.90%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 17.80% | 18.18%
Calls: 16.91% | 22.22%
Puts: 18.70% | 14.15%
Prior 13.93% | 11.43%
Calls: 14.77% | 11.59%
Puts: 13.10% | 11.27%
Current vs Prior +27.78% | +59.06%
Prior 7-Day Avg 25.97% | 18.35%
Calls: 28.61% | 21.68%
Puts: 23.32% | 15.02%
Current vs 7-Day Avg -31.45% | -0.94%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($2.15M). Extreme bullish P/C ratio of 0.40 - heavy call buying (7,698 calls vs 3,108 puts). P/C ratio dropping 26% - sentiment shifting bullish. Call-heavy open interest (114,745 calls vs 56,844 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 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 7 of results (avg 7.6%, best 5.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$36.00Jul 314.955.45$5.209.6%20.70--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 214.404.65$4.535.5%190.458.0K
$46.00Jul 317.207.65$7.436.1%30.74--
$47.00Aug 78.358.90$8.636.4%10.72--
$38.00Aug 213.303.55$3.437.3%140.38--
$44.00Jul 315.656.15$5.908.5%60.68--

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. 40 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$33.50Jul 244.207.45$5.8355.7%60.9947
$32.00Jul 247.108.95$8.0223.1%20.987
$33.00Jul 245.507.95$6.7336.4%50.9743
$34.50Jul 243.357.25$5.3073.6%40.965
$35.00Jul 243.506.00$4.7552.6%20.9617
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Jul 245.409.25$7.3352.5%21.00--
$46.00Jul 245.058.30$6.6848.7%20.92--
$45.00Jul 244.106.70$5.4048.1%70.92170
$46.50Jul 244.908.85$6.8857.4%10.87--
$43.00Jul 242.274.80$3.5471.5%10.84--

Most actively traded options today. High liquidity = easy entry/exit. 135 active (total vol 2.9K, top 417)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.00Jul 240.100.30$0.20100.0%4170.12213
$45.00Jul 240.020.18$0.10160.0%3860.07711
$45.00Aug 212.422.95$2.6919.7%2420.391.7K
$44.50Jul 240.000.46$0.23200.0%940.1290
$46.50Jul 240.030.54$0.29175.9%750.1238
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.50Jul 240.560.87$0.7243.1%1310.34102
$39.50Jul 240.981.15$1.0715.9%950.47106
$40.00Jul 241.241.45$1.3515.6%780.55530
$39.00Jul 240.750.92$0.8420.2%660.40313
$36.50Jul 240.140.20$0.1735.3%620.12108

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 22.3%, max 87.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.50Jul 24Aug 21178.4%95.3%87.2%8838
$44.00Jul 24Aug 28120.3%86.9%38.4%490217
$46.00Jul 24Aug 28132.6%97.9%35.5%22336
$36.00Jul 31Aug 7133.6%101.9%31.1%46
$47.00Jul 24Aug 28123.0%94.5%30.2%11377
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$34.00Jul 24Aug 28155.9%91.9%69.7%4--
$32.00Jul 31Aug 21128.7%97.4%32.0%630
$41.00Jul 31Aug 21132.9%101.3%31.2%447
$33.00Jul 31Aug 28117.6%94.2%24.9%288
$36.00Jul 24Aug 14120.4%100.1%20.3%49229

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 64 found (best R:R 5.67, avg 1.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$45.00$46.00Jul 31$0.15$0.85$0.155.67$45.15
$40.00$40.50Jul 24$0.11$0.39$0.113.55$40.11
$41.50$42.00Jul 24$0.11$0.39$0.113.55$41.61
$45.00$47.00Aug 14$0.48$1.52$0.483.17$45.48
$41.50$42.00Aug 21$0.12$0.38$0.123.17$41.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$33.00Jul 31$0.45$1.55$0.453.44$34.55
$39.00$38.50Jul 24$0.12$0.38$0.123.17$38.88
$34.00$33.00Aug 28$0.24$0.76$0.243.17$33.76
$34.00$32.00Aug 7$0.49$1.51$0.493.08$33.51
$35.00$34.00Aug 7$0.25$0.75$0.253.00$34.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 78 found (best R:R 13.29, avg 1.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.00$39.00Jul 24$1.83$1.83$0.1710.76$38.83
$35.00$37.00Jul 24$1.47$1.47$0.532.77$36.47
$44.50$45.00Jul 31$0.35$0.35$0.152.33$44.85
$43.00$44.00Aug 21$0.68$0.68$0.322.13$43.68
$36.00$40.00Aug 7$2.50$2.50$1.501.67$38.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$45.00$43.00Jul 24$1.86$1.86$0.1413.29$43.14
$47.00$46.00Jul 31$0.85$0.85$0.155.67$46.15
$40.00$39.00Aug 21$0.80$0.80$0.204.00$39.20
$46.00$44.00Jul 31$1.53$1.53$0.473.26$44.47
$38.00$37.00Aug 7$0.73$0.73$0.272.70$37.27

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 35 found (avg debit $1.56, cheapest $0.27)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$36.00Jul 31Aug 7$0.85133.6%101.9%
$46.50Jul 24Jul 31$0.89178.4%139.5%
$47.00Jul 24Jul 31$0.89123.0%131.1%
$46.00Jul 24Jul 31$1.04132.6%132.9%
$44.00Jul 24Jul 31$1.20120.3%123.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$32.00Jul 31Aug 7$0.27128.7%113.6%
$33.00Jul 31Aug 14$0.70117.6%99.9%
$46.00Jul 24Jul 31$0.75132.6%132.9%
$47.00Jul 24Jul 31$0.95123.0%131.1%
$35.00Jul 24Jul 31$0.99102.4%115.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 5.63% of stock, avg 16.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$40.00Jul 24$0.88$1.35$2.23$37.77$42.235.63%
$39.50Jul 24$1.17$1.07$2.24$37.26$41.745.66%
$39.00Jul 24$1.45$0.84$2.29$36.71$41.295.79%
$40.50Jul 24$0.77$1.66$2.43$38.07$42.936.14%
$42.00Jul 24$0.36$2.51$2.87$39.13$44.877.25%
$37.00Jul 24$3.28$0.18$3.46$33.54$40.468.74%
$43.00Jul 24$0.24$3.54$3.78$39.22$46.789.55%
$35.00Jul 24$4.75$0.06$4.81$30.19$39.8112.15%
$45.00Jul 24$0.10$5.40$5.50$39.50$50.5013.90%
$33.50Jul 24$5.83$0.01$5.84$27.66$39.3414.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 120 found (cheapest 2.15% of stock, avg 12.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.00$38.00Jul 24$0.36$0.49$0.85$37.15$42.85
$42.00$37.50Jul 24$0.36$0.52$0.88$36.62$42.88
$41.50$38.00Jul 24$0.47$0.49$0.96$37.04$42.46
$41.50$37.50Jul 24$0.47$0.52$0.99$36.51$42.49
$42.00$38.50Jul 24$0.36$0.72$1.08$37.42$43.08
$41.00$38.00Jul 24$0.61$0.49$1.10$36.90$42.10
$41.00$37.50Jul 24$0.61$0.52$1.13$36.37$42.13
$41.50$38.50Jul 24$0.47$0.72$1.19$37.31$42.69
$42.00$39.00Jul 24$0.36$0.84$1.20$37.80$43.20
$40.50$38.00Jul 24$0.77$0.49$1.26$36.74$41.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 99 found (best R:R 11.50, avg credit $1.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
39/4045/46Aug 21$1.38$0.1211.50$38.62$46.38
38/3946/47Aug 28$0.87$0.136.69$38.13$46.87
39/4046/47Aug 28$0.87$0.136.69$39.13$46.87
40/4145/46Aug 21$1.30$0.206.50$39.70$46.30
34/3544/45Aug 21$0.84$0.165.25$34.16$45.34
40/4142/42Aug 21$0.84$0.165.25$40.16$42.34
40/4145/46Jul 31$0.82$0.184.56$40.18$45.82
34/3435/37Jul 24$1.63$0.374.41$32.37$36.63
40/4345/46Aug 7$2.03$0.474.32$40.97$47.03
39/4045/46Jul 31$0.81$0.194.26$38.69$45.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 17 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$42.00$42.50$43.00Jul 24$0.06$0.447.33
$41.50$42.00$42.50Aug 21$0.07$0.436.14
$39.50$40.00$40.50Jul 24$0.18$0.321.78
$44.50$45.00$45.50Jul 24$0.23$0.271.17
$45.50$46.00$46.50Jul 24$0.27$0.230.85
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$33.00$34.00$35.00Aug 21$0.06$0.9415.67
$36.00$36.50$37.00Jul 24$0.07$0.436.14
$38.00$40.50$43.00Aug 7$0.52$1.983.81
$38.50$39.00$39.50Jul 24$0.11$0.393.55
$38.00$39.00$40.00Aug 14$0.48$0.521.08

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 44 found (best net $-0.29, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$45.001:2Aug 7-$0.19$4.81
$37.00$42.001:2Aug 28-$0.69$4.31
$36.00$40.001:2Jul 31-$0.82$3.18
$36.00$40.001:2Aug 7-$1.05$2.95
$45.00$47.001:2Aug 14-$1.31$0.69
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$47.00$40.001:2Aug 14-$0.29$6.71
$38.00$34.001:2Aug 28-$0.20$3.80
$45.00$40.001:2Aug 28-$1.30$3.70
$38.00$35.001:2Aug 21-$0.83$2.17
$35.00$33.001:2Jul 31-$0.15$1.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 10.11%, avg 4.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$40.00Aug 21$4.000.561.1%10.11%11.17%50822
$40.50Aug 21$3.950.542.3%9.98%12.30%20--
$41.00Aug 21$3.500.533.6%8.84%12.43%3013
$42.00Aug 21$3.350.496.1%8.46%14.58%3100
$40.00Aug 7$3.300.541.1%8.34%9.40%18
$42.50Aug 21$2.950.487.4%7.45%14.83%1137
$41.50Aug 21$2.890.504.8%7.30%12.15%92
$40.00Jul 31$2.730.511.1%6.90%7.96%27471
$43.00Aug 21$2.700.468.6%6.82%15.46%528
$42.00Aug 28$2.620.486.1%6.62%12.73%1012

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 7,698
Total Puts 3,108
Put/Call Ratio 0.40
Net Difference 4,590

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 72,973
Total Puts 60,875
Average Put/Call Ratio 0.85
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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