Tour v394
ENPH
ENPHASE ENERGY INC
$38.73 -2.15%
7/23 15:54

Option Volume

Detail
Current (07/23 3:50pm) 22,557
Calls: 11,537 (51%)
Puts: 11,020 (49%)
Prior (07/22) 9,939
Calls: 7,219 (73%)
Puts: 2,720 (27%)
Current vs Prior +126.95%
Calls: +59.81% (Calls)
Puts: +305.15% (Puts)
Prior 7-Day Total 108,281
Calls: 60,638 (56%)
Puts: 47,643 (44%)
Prior 7-Day Average 15,468
Calls: 8,662 (56%)
Puts: 6,806 (44%)
Current vs Prior 7-Day Avg +45.82%
Calls: +33.18%
Puts: +61.91%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/23 3:50pm) $11.24M
Calls: $2.62M (23%)
Puts: $8.62M (77%)
Prior (07/22) $3.24M
Calls: $2.05M (63%)
Puts: $1.19M (37%)
Current vs Prior +247.20%
Calls: +28.07%
Puts: +624.17%
Prior 7-Day Total $46.65M
Calls: $12.50M (27%)
Puts: $34.15M (73%)
Prior 7-Day Average $6.66M
Calls: $1.79M (27%)
Puts: $4.88M (73%)
Current vs Prior 7-Day Avg +68.68%
Calls: +46.82%
Puts: +76.69%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/23 3:50pm) 0.96
Prior (07/22) 0.38
Current vs Prior +153.51%
Prior 7-Day Average 0.83
Current vs Prior 7-Day Avg +14.99%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/23 3:50pm) 361,654
Calls: 209,501 (58%)
Puts: 152,153 (42%)
Prior (07/22) 359,659
Calls: 208,145 (58%)
Puts: 151,514 (42%)
Current vs Prior +0.55%
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 -8.35%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.96% | 14.54%22.80% | 27.96%
Prior 7.92% | 17.49%23.98% | 29.50%
Current vs Prior -24.68% | -16.87%-4.93% | -5.22%
Prior 7-Day Avg 7.51% | 13.66%12.00% | 25.90%
Current vs 7-Day Avg -20.58% | +6.43%+89.94% | +7.97%
Prior 7-Day Eod 7.92% | 17.49%23.45% | 28.12%
Current vs 7-Day Eod -24.68% | -16.87%-2.76% | -0.56%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 140.47% | 41.87%
Calls: 216.88% | 36.46%
Puts: 64.06% | 47.27%
Prior 13.93% | 11.43%
Calls: 14.77% | 11.59%
Puts: 13.10% | 11.27%
Current vs Prior +908.40% | +266.32%
Prior 7-Day Avg 25.97% | 18.35%
Calls: 28.61% | 21.68%
Puts: 23.32% | 15.02%
Current vs 7-Day Avg +440.98% | +128.14%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($8.62M) vs calls ($2.62M). Massive premium surge with dollar volume up 247% vs prior. Dollar volume significantly above 7-day average (69% higher). Unusually high activity with volume up 127% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:50BEARISHNEUTRALMIXED
15:05BULLISHBULLISHBULLISH

📈 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 1 of results (avg 9.6%, best 9.6%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 217.958.75$8.359.6%120.663.1K

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. 83 found (avg delta 0.69, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.00Jul 245.508.05$6.7837.6%10.988
$33.00Jul 244.507.05$5.7844.1%40.9744
$33.50Jul 243.407.15$5.2871.0%10.9447
$35.00Jul 242.805.70$4.2568.2%10.9319
$34.00Jul 243.456.05$4.7554.7%40.926
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.50Jul 240.672.70$1.69120.1%191.0090
$41.00Jul 241.864.35$3.1180.1%61.0086
$41.50Jul 242.274.75$3.5170.7%51.0034
$42.00Jul 242.585.15$3.8766.4%71.00141
$42.50Jul 242.505.15$3.8369.2%31.0046

Most actively traded options today. High liquidity = easy entry/exit. 188 active (total vol 5.5K, top 488)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 310.801.50$1.1560.9%4880.26184
$40.00Jul 240.060.68$0.37167.6%2680.34152
$42.00Jul 240.040.08$0.0666.7%2560.08258
$40.00Jul 312.102.61$2.3621.6%2550.45482
$40.00Aug 212.573.75$3.1637.3%2550.48842
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$33.00Jul 310.210.82$0.52117.3%3840.1561
$45.00Jul 244.658.25$6.4555.8%2921.00163
$46.00Jul 245.959.25$7.6043.4%2460.7888
$31.00Jul 310.140.37$0.2688.5%1610.084
$35.00Aug 212.062.35$2.2113.1%1480.313.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 33 strikes (avg 83.1%, max 324.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.00Jul 24Sep 4384.5%90.6%324.3%19275
$45.50Jul 24Aug 7370.0%115.3%221.0%2857
$34.00Jul 24Aug 28219.0%94.3%132.2%1416
$35.00Jul 24Aug 21160.1%89.0%79.8%7726
$37.00Jul 24Aug 28129.5%75.9%70.5%2211
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.00Jul 24Sep 4384.5%90.6%324.3%24788
$35.50Jul 24Aug 21322.8%91.9%251.2%4753
$32.50Jul 24Jul 31305.6%120.5%153.6%5219
$33.00Jul 24Aug 28200.7%82.2%144.1%26221
$34.00Jul 24Aug 28219.0%94.3%132.2%5156

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 55 found (best R:R 6.14, avg 1.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$45.00$46.00Aug 21$0.17$0.83$0.174.88$45.17
$40.00$41.00Aug 7$0.20$0.80$0.204.00$40.20
$43.00$43.50Aug 7$0.11$0.39$0.113.55$43.11
$44.00$45.00Aug 7$0.25$0.75$0.253.00$44.25
$41.50$42.00Jul 24$0.13$0.37$0.132.85$41.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$38.00$37.00Aug 7$0.14$0.86$0.146.14$37.86
$35.00$34.00Aug 21$0.17$0.83$0.174.88$34.83
$37.00$36.00Aug 7$0.18$0.82$0.184.56$36.82
$40.50$40.00Jul 24$0.12$0.38$0.123.17$40.38
$35.00$33.00Aug 14$0.51$1.49$0.512.92$34.49

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 72 found (best R:R 22.08, avg 1.95)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$43.00$44.00Aug 21$0.81$0.81$0.194.26$43.81
$39.00$40.00Aug 21$0.77$0.77$0.233.35$39.77
$45.00$45.50Jul 31$0.38$0.38$0.123.17$45.38
$38.00$39.50Aug 7$1.13$1.13$0.373.05$39.13
$42.00$43.00Aug 7$0.75$0.75$0.253.00$42.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$45.00$42.00Aug 28$2.87$2.87$0.1322.08$42.13
$45.00$44.00Aug 21$0.90$0.90$0.109.00$44.10
$38.00$37.00Aug 14$0.89$0.89$0.118.09$37.11
$34.00$33.00Aug 28$0.88$0.88$0.127.33$33.12
$36.00$35.00Aug 7$0.85$0.85$0.155.67$35.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $1.38, cheapest $0.24)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$35.00Jul 24Jul 31$0.57160.1%129.6%
$36.00Jul 31Aug 7$0.63120.9%118.9%
$38.00Jul 31Aug 7$0.79108.6%97.9%
$44.00Jul 24Jul 31$0.85131.5%119.4%
$44.50Jul 24Jul 31$1.07164.5%140.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$35.50Jul 24Jul 31$0.24322.8%114.9%
$43.00Jul 24Jul 31$0.25104.0%147.9%
$46.00Jul 24Jul 31$0.25384.5%123.0%
$32.50Jul 24Jul 31$0.26305.6%120.5%
$33.00Jul 24Jul 31$0.44200.7%106.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 80 found (cheapest 3.80% of stock, avg 18.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$39.00Jul 24$0.50$0.97$1.47$37.53$40.473.80%
$38.50Jul 24$1.34$0.57$1.91$36.59$40.414.93%
$40.00Jul 24$0.37$1.57$1.94$38.06$41.945.01%
$40.50Jul 24$0.28$1.69$1.97$38.53$42.475.09%
$39.50Jul 24$0.47$1.70$2.17$37.33$41.675.60%
$37.00Jul 24$1.98$0.28$2.26$34.74$39.265.84%
$36.50Jul 24$2.70$0.22$2.92$33.58$39.427.54%
$41.00Jul 24$0.21$3.11$3.32$37.68$44.328.57%
$41.50Jul 24$0.19$3.51$3.70$37.80$45.209.55%
$42.00Jul 24$0.06$3.87$3.93$38.07$45.9310.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 1.63% of stock, avg 13.15%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.50$37.50Jul 24$0.28$0.35$0.63$36.87$41.13
$40.00$37.50Jul 24$0.37$0.35$0.72$36.78$40.72
$40.50$38.00Jul 24$0.28$0.53$0.81$37.19$41.31
$39.50$37.50Jul 24$0.47$0.35$0.82$36.68$40.32
$40.50$38.50Jul 24$0.28$0.57$0.85$37.65$41.35
$40.00$38.00Jul 24$0.37$0.53$0.90$37.10$40.90
$40.00$38.50Jul 24$0.37$0.57$0.94$37.56$40.94
$39.50$38.00Jul 24$0.47$0.53$1.00$37.00$40.50
$39.50$38.50Jul 24$0.47$0.57$1.04$37.46$40.54
$40.50$39.00Jul 24$0.28$0.97$1.25$37.75$41.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 67 found (best R:R 13.29, avg credit $0.83)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
35/3637/39Aug 14$1.86$0.1413.29$34.14$38.86
37/4044/45Aug 28$2.70$0.309.00$37.30$46.70
37/3842/43Aug 7$0.89$0.118.09$37.11$42.89
40/4044/45Aug 7$0.89$0.118.09$39.11$44.89
32/3236/36Jul 24$0.88$0.127.33$31.62$36.38
36/3745/46Aug 21$0.88$0.127.33$36.12$45.88
36/3738/40Aug 7$1.31$0.196.89$35.69$39.31
33/3537/39Aug 14$1.73$0.276.41$33.27$38.73
33/3442/42Jul 31$0.86$0.146.14$33.14$42.86
37/3840/42Aug 14$1.71$0.295.90$36.29$41.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$40.50$41.00$41.50Jul 24$0.05$0.459.00
$39.50$40.00$40.50Jul 31$0.09$0.414.56
$43.50$44.00$44.50Jul 24$0.12$0.383.17
$38.00$39.00$40.00Aug 21$0.27$0.732.70
$43.00$43.50$44.00Jul 31$0.15$0.352.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$40.50$41.00Aug 21$0.07$0.436.14
$32.00$33.00$34.00Aug 21$0.18$0.824.56
$37.00$37.50$38.00Jul 24$0.11$0.393.55
$39.50$40.00$40.50Aug 21$0.13$0.372.85
$44.00$45.00$46.00Jul 31$0.30$0.702.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 36 found (best net $-1.69, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$37.00$38.501:2Jul 24-$0.70$0.80
$40.50$41.001:2Jul 24-$0.14$0.36
$41.00$41.501:2Jul 24-$0.17$0.33
$44.00$44.501:2Jul 24-$0.18$0.32
$40.00$40.501:2Jul 24-$0.19$0.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.001:2Aug 28-$1.69$1.31
$35.00$33.001:2Aug 14-$0.97$1.03
$36.50$36.001:2Jul 24-$0.08$0.42
$34.00$33.501:2Jul 24-$0.10$0.40
$37.00$36.501:2Jul 24-$0.16$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 9.30%, avg 4.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$40.00Aug 28$3.600.503.3%9.30%12.57%12
$39.00Aug 14$3.350.540.7%8.65%9.35%25
$39.00Aug 21$3.200.530.7%8.26%8.96%33
$40.00Aug 14$3.150.503.3%8.13%11.41%135
$39.00Aug 28$3.000.510.7%7.75%8.44%45
$41.00Aug 21$2.930.465.9%7.57%13.43%138
$42.00Aug 28$2.910.448.4%7.51%15.96%914
$39.50Aug 7$2.640.502.0%6.82%8.80%--11
$40.00Aug 21$2.570.483.3%6.64%9.91%255842
$39.00Jul 31$2.520.510.7%6.51%7.20%75

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 11,537
Total Puts 11,020
Put/Call Ratio 0.96
Net Difference 517

Prior's Put/Call Breakdown

Total Calls 7,219
Total Puts 2,720
Put/Call Ratio 0.38
Net Difference 4,499

Prior 7-Day Put/Call Summary

Total Calls 60,638
Total Puts 47,643
Average Put/Call Ratio 0.83
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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