Tour v492
EXE
EXPAND ENERGY CORP
$91.96 +1.26%
8/6 18:38

Option Volume

Detail
Current (08/06) 8,004
Calls: 990 (12%)
Puts: 7,014 (88%)
Prior (08/05) 7,773
Calls: 5,269 (68%)
Puts: 2,504 (32%)
Current vs Prior +2.97%
Calls: -81.21% (Calls)
Puts: +180.11% (Puts)
Prior 7-Day Total 67,247
Calls: 17,311 (26%)
Puts: 49,936 (74%)
Prior 7-Day Average 9,606
Calls: 2,473 (26%)
Puts: 7,133 (74%)
Current vs Prior 7-Day Avg -16.68%
Calls: -59.97%
Puts: -1.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/06) $754.8K
Calls: $230.5K (31%)
Puts: $524.3K (69%)
Prior (08/05) $3.30M
Calls: $2.71M (82%)
Puts: $586.7K (18%)
Current vs Prior -77.14%
Calls: -91.51%
Puts: -10.64%
Prior 7-Day Total $12.03M
Calls: $6.71M (56%)
Puts: $5.32M (44%)
Prior 7-Day Average $1.72M
Calls: $958.8K (56%)
Puts: $760.4K (44%)
Current vs Prior 7-Day Avg -56.09%
Calls: -75.96%
Puts: -31.05%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06) 7.08
Prior (08/05) 0.48
Current vs Prior +1390.82%
Prior 7-Day Average 2.62
Current vs Prior 7-Day Avg +170.27%
Sentiment BEARISH

Open Interest

Detail
Current (08/06) 75,741
Calls: 51,696 (68%)
Puts: 24,045 (32%)
Prior (08/05) 94,294
Calls: 61,711 (65%)
Puts: 32,583 (35%)
Current vs Prior -19.68%
Prior 7-Day Total 992,285
Calls: 421,748 (43%)
Puts: 570,537 (57%)
Prior 7-Day Average 141,755
Calls: 60,249 (43%)
Puts: 81,505 (57%)
Current vs Prior 7-Day Avg -46.57%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 5.17% | 8.16%
Prior 4.97% | 8.09%
Current vs Prior +4.02% | +0.78%
Prior 7-Day Avg 6.00% | 8.82%
Current vs 7-Day Avg -13.93% | -7.56%
Prior 7-Day Eod 4.97% | 8.09%
Current vs 7-Day Eod +4.02% | +0.78%
Sentiment BEARISH

Relative Spread

Detail
Expiry | Next
Current 8.96% | 7.14%
Calls: 10.33% | 8.22%
Puts: 7.59% | 6.06%
Prior 8.96% | 7.14%
Calls: 10.33% | 8.22%
Puts: 7.59% | 6.06%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 8.96% | 7.14%
Calls: 10.33% | 8.22%
Puts: 7.59% | 6.06%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($524.3K). Light premium activity with dollar volume down 77% vs prior. Extreme bearish P/C ratio of 7.08 - heavy put buying. P/C ratio rising 1391% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 1 of results (avg 7.0%, best 7.0%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Sep 182.752.95$2.857.0%1950.411.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.63, cheapest $0.28)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 210.901.05$0.9815.3%1300.274.0K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 210.250.30$0.2817.9%40.11--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 4 found (avg delta 0.79, highest 1.00)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 2110.0014.00$12.0033.3%71.0013
$80.00Sep 1812.2014.20$13.2015.2%60.93144
$90.00Aug 212.003.60$2.8057.1%120.622.0K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Sep 185.006.30$5.6523.0%100.61--

Most actively traded options today. High liquidity = easy entry/exit. 17 active (total vol 6.6K, top 5.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 210.901.05$0.9815.3%1300.274.0K
$100.00Aug 210.200.35$0.2853.6%1040.092.3K
$95.00Sep 182.452.85$2.6515.1%170.3911.2K
$100.00Sep 180.851.30$1.0841.7%130.21922
$90.00Aug 212.003.60$2.8057.1%120.622.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 210.000.45$0.23195.7%5.0K0.06--
$90.00Aug 211.352.55$1.9561.5%1.0K0.433.9K
$90.00Sep 182.752.95$2.857.0%1950.411.3K
$75.00Sep 180.050.30$0.18138.9%620.04811
$95.00Sep 185.006.30$5.6523.0%100.61--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 16.8%, max 36.4%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 21Sep 1842.2%30.9%36.4%13157
$100.00Aug 21Sep 1835.4%30.4%16.5%1173.2K
$95.00Aug 21Sep 1834.0%32.9%3.1%14715.2K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$90.00Aug 21Sep 1831.4%28.3%11.1%1.2K5.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 32.33, avg 8.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$115.00Sep 18$0.15$4.85$0.1532.33$110.15
$105.00$110.00Sep 18$0.37$4.63$0.3712.51$105.37
$100.00$105.00Sep 18$0.43$4.57$0.4310.63$100.43
$95.00$100.00Aug 21$0.70$4.30$0.706.14$95.70
$95.00$100.00Sep 18$1.57$3.43$1.572.18$96.57
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$85.00$75.00Sep 18$0.90$9.10$0.9010.11$84.10
$90.00$85.00Aug 21$1.67$3.33$1.671.99$88.33
$90.00$85.00Sep 18$1.77$3.23$1.771.82$88.23
$95.00$90.00Sep 18$2.80$2.20$2.800.79$92.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 12 found (best R:R 11.50, avg 1.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$90.00Aug 21$9.20$9.20$0.8011.50$89.20
$80.00$95.00Sep 18$10.55$10.55$4.452.37$90.55
$90.00$95.00Aug 21$1.82$1.82$3.180.57$91.82
$95.00$100.00Sep 18$1.57$1.57$3.430.46$96.57
$95.00$100.00Aug 21$0.70$0.70$4.300.16$95.70
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$95.00$90.00Sep 18$2.80$2.80$2.201.27$92.20
$90.00$85.00Sep 18$1.77$1.77$3.230.55$88.23
$90.00$85.00Aug 21$1.67$1.67$3.330.50$88.33
$85.00$75.00Sep 18$0.90$0.90$9.100.10$84.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $1.07, cheapest $0.80)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Aug 21Sep 18$0.8035.4%30.4%
$80.00Aug 21Sep 18$1.2042.2%30.9%
$95.00Aug 21Sep 18$1.6734.0%32.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$85.00Aug 21Sep 18$0.8027.1%27.8%
$90.00Aug 21Sep 18$0.9031.4%28.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 3 found (cheapest 5.17% of stock, avg 9.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$90.00Aug 21$2.80$1.95$4.75$85.25$94.755.17%
$95.00Sep 18$2.65$5.65$8.30$86.70$103.309.03%
$80.00Aug 21$12.00$0.23$12.23$67.77$92.2313.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 14 found (cheapest 0.55% of stock, avg 2.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$100.00$80.00Aug 21$0.28$0.23$0.51$79.49$100.51
$100.00$85.00Aug 21$0.28$0.28$0.56$84.44$100.56
$95.00$80.00Aug 21$0.98$0.23$1.21$78.79$96.21
$95.00$85.00Aug 21$0.98$0.28$1.26$83.74$96.26
$110.00$85.00Sep 18$0.28$1.08$1.36$83.64$111.36
$105.00$85.00Sep 18$0.65$1.08$1.73$83.27$106.73
$100.00$85.00Sep 18$1.08$1.08$2.16$82.84$102.16
$100.00$90.00Aug 21$0.28$1.95$2.23$87.77$102.23
$95.00$90.00Aug 21$0.98$1.95$2.93$87.07$97.93
$110.00$90.00Sep 18$0.28$2.85$3.13$86.87$113.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 2.01, avg credit $2.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
85/9095/100Sep 18$3.34$1.662.01$86.66$98.34
90/95100/105Sep 18$3.23$1.771.82$91.77$103.23
90/95105/110Sep 18$3.17$1.831.73$91.83$108.17
90/95110/115Sep 18$2.95$2.051.44$92.05$112.95
85/9095/100Aug 21$2.37$2.630.90$87.63$97.37
85/90100/105Sep 18$2.20$2.800.79$87.80$102.20
85/90105/110Sep 18$2.14$2.860.75$87.86$107.14
85/90110/115Sep 18$1.92$3.080.62$88.08$111.92
75/8595/100Sep 18$2.47$7.530.33$82.53$97.47
75/85100/105Sep 18$1.33$8.670.15$83.67$101.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 82.33, cheapest $0.06)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Sep 18$0.06$4.9482.33
$105.00$110.00$115.00Sep 18$0.22$4.7821.73
$90.00$95.00$100.00Aug 21$1.12$3.883.46
$95.00$100.00$105.00Sep 18$1.14$3.863.39
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$85.00$90.00$95.00Sep 18$1.03$3.973.85
$80.00$85.00$90.00Aug 21$1.62$3.382.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.05, 3 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$105.001:2Sep 18-$0.22$4.78
$80.00$95.001:2Sep 18$7.90$7.10
$110.00$115.001:2Sep 18$0.02$4.98
$105.00$110.001:2Sep 18$0.09$4.91
$95.00$100.001:2Aug 21$0.42$4.58
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$95.00$90.001:2Sep 18-$0.05$4.95
$85.00$80.001:2Aug 21-$0.18$4.82
$85.00$75.001:2Sep 18$0.72$9.28
$90.00$85.001:2Sep 18$0.69$4.31
$90.00$85.001:2Aug 21$1.39$3.61

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 2.66%, avg 1.03%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$95.00Sep 18$2.450.393.3%2.66%5.97%1711.2K
$95.00Aug 21$0.900.273.3%0.98%4.28%1304.0K
$100.00Sep 18$0.850.218.7%0.92%9.67%13922
$105.00Sep 18$0.350.1314.2%0.38%14.56%2653
$100.00Aug 21$0.200.098.7%0.22%8.96%1042.3K

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 990
Total Puts 7,014
Put/Call Ratio 7.08
Net Difference -6,024

Prior's Put/Call Breakdown

Total Calls 5,269
Total Puts 2,504
Put/Call Ratio 0.48
Net Difference 2,765

Prior 7-Day Put/Call Summary

Total Calls 17,311
Total Puts 49,936
Average Put/Call Ratio 2.62
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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