Tour v487
FANG
DIAMONDBACK ENERGY I
$198.75 -2.07%
$196.49 (-1.14%)🌙
as of 08/03 06:01 PM
8/3 18:01

Option Volume

Detail
Current (08/03) 3,884
Calls: 1,696 (44%)
Puts: 2,188 (56%)
Prior (07/31) 2,353
Calls: 1,952 (83%)
Puts: 401 (17%)
Current vs Prior +65.07%
Calls: -13.11% (Calls)
Puts: +445.64% (Puts)
Prior 7-Day Total 17,146
Calls: 9,173 (53%)
Puts: 7,973 (47%)
Prior 7-Day Average 2,449
Calls: 1,310 (53%)
Puts: 1,139 (47%)
Current vs Prior 7-Day Avg +58.57%
Calls: +29.42%
Puts: +92.10%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/03) $2.32M
Calls: $1.14M (49%)
Puts: $1.18M (51%)
Prior (07/31) $1.79M
Calls: $1.43M (80%)
Puts: $353.2K (20%)
Current vs Prior +29.84%
Calls: -20.69%
Puts: +234.65%
Prior 7-Day Total $13.48M
Calls: $7.92M (59%)
Puts: $5.56M (41%)
Prior 7-Day Average $1.93M
Calls: $1.13M (59%)
Puts: $793.8K (41%)
Current vs Prior 7-Day Avg +20.35%
Calls: +0.31%
Puts: +48.93%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/03) 1.29
Prior (07/31) 0.21
Current vs Prior +528.00%
Prior 7-Day Average 1.02
Current vs Prior 7-Day Avg +26.06%
Sentiment BEARISH

Open Interest

Detail
Current (08/03) 69,647
Calls: 42,142 (61%)
Puts: 27,505 (39%)
Prior (07/31) 69,910
Calls: 42,386 (61%)
Puts: 27,524 (39%)
Current vs Prior -0.38%
Prior 7-Day Total 232,040
Calls: 159,032 (69%)
Puts: 73,008 (31%)
Prior 7-Day Average 33,148
Calls: 22,718 (69%)
Puts: 10,429 (31%)
Current vs Prior 7-Day Avg +110.11%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 8.55% | 12.03%
Prior 10.50% | 14.02%
Current vs Prior -18.50% | -14.22%
Prior 7-Day Avg 10.41% | 13.29%
Current vs 7-Day Avg -17.85% | -9.54%
Prior 7-Day Eod 10.50% | 14.02%
Current vs 7-Day Eod -18.50% | -14.22%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 11.63% | 10.57%
Calls: 12.87% | 8.98%
Puts: 10.40% | 12.17%
Prior 11.62% | 6.80%
Calls: 13.95% | 4.80%
Puts: 9.30% | 8.81%
Current vs Prior +0.09% | +55.44%
Prior 7-Day Avg 20.64% | 8.69%
Calls: 23.75% | 8.08%
Puts: 17.54% | 9.31%
Current vs 7-Day Avg -43.65% | +21.57%
Liquidity Expensive
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🤖 AI Insights

Above-average activity with volume up 65% vs prior. Bearish P/C ratio of 1.29 indicates protective positioning. P/C ratio rising 528% - increased hedging/bearish positioning. Call-heavy open interest (42,142 calls vs 27,505 puts) suggests bullish 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 -- of results (avg --%, best --%)

No options available for this category

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. 9 found (avg delta 0.77, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 2132.0035.50$33.7510.4%--0.9614
$175.00Aug 2122.5026.00$24.2514.4%--0.9318
$180.00Aug 2118.7021.50$20.1013.9%10.8692
$185.00Aug 2113.8017.60$15.7024.2%40.7892
$190.00Aug 2111.3012.60$11.9510.9%20.69349
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2121.7025.40$23.5515.7%--0.86214
$210.00Aug 2114.1015.90$15.0012.0%--0.72134
$200.00Aug 217.708.80$8.2513.3%1280.52218

Most actively traded options today. High liquidity = easy entry/exit. 17 active (total vol 2.4K, top 437)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 216.007.00$6.5015.4%4370.47790
$220.00Aug 211.001.40$1.2033.3%2820.14871
$210.00Aug 212.653.30$2.9721.9%660.28457
$230.00Aug 210.301.05$0.68110.3%620.081.3K
$195.00Aug 218.009.50$8.7517.1%510.58281
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 212.302.90$2.6023.1%4260.23397
$180.00Aug 211.401.95$1.6732.9%2840.16807
$175.00Aug 210.601.05$0.8354.2%2730.0976
$195.00Aug 215.406.60$6.0020.0%2290.4269
$190.00Aug 213.604.30$3.9517.7%1300.31645

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. 11 found (best R:R 18.23, avg 5.28)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$220.00$230.00Aug 21$0.52$9.48$0.5218.23$220.52
$210.00$220.00Aug 21$1.77$8.23$1.774.65$211.77
$200.00$210.00Aug 21$3.53$6.47$3.531.83$203.53
$195.00$200.00Aug 21$2.25$2.75$2.251.22$197.25
$190.00$195.00Aug 21$3.20$1.80$3.200.56$193.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$170.00Aug 21$0.28$4.72$0.2816.86$174.72
$180.00$175.00Aug 21$0.84$4.16$0.844.95$179.16
$185.00$180.00Aug 21$0.93$4.07$0.934.38$184.07
$190.00$185.00Aug 21$1.35$3.65$1.352.70$188.65
$195.00$190.00Aug 21$2.05$2.95$2.051.44$192.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 17 found (best R:R 19.00, avg 2.82)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$175.00Aug 21$9.50$9.50$0.5019.00$174.50
$180.00$185.00Aug 21$4.40$4.40$0.607.33$184.40
$175.00$180.00Aug 21$4.15$4.15$0.854.88$179.15
$185.00$190.00Aug 21$3.75$3.75$1.253.00$188.75
$190.00$195.00Aug 21$3.20$3.20$1.801.78$193.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$220.00$210.00Aug 21$8.55$8.55$1.455.90$211.45
$210.00$200.00Aug 21$6.75$6.75$3.252.08$203.25
$200.00$195.00Aug 21$2.25$2.25$2.750.82$197.75
$195.00$190.00Aug 21$2.05$2.05$2.950.69$192.95
$190.00$185.00Aug 21$1.35$1.35$3.650.37$188.65

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. 9 found (cheapest 7.42% of stock, avg 10.48%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$195.00Aug 21$8.75$6.00$14.75$180.25$209.757.42%
$200.00Aug 21$6.50$8.25$14.75$185.25$214.757.42%
$190.00Aug 21$11.95$3.95$15.90$174.10$205.908.00%
$210.00Aug 21$2.97$15.00$17.97$192.03$227.979.04%
$185.00Aug 21$15.70$2.60$18.30$166.70$203.309.21%
$180.00Aug 21$20.10$1.67$21.77$158.23$201.7710.95%
$220.00Aug 21$1.20$23.55$24.75$195.25$244.7512.45%
$175.00Aug 21$24.25$0.83$25.08$149.92$200.0812.62%
$165.00Aug 21$33.75$0.50$34.25$130.75$199.2517.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 0.76% of stock, avg 2.94%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$175.00Aug 21$0.68$0.83$1.51$173.49$231.51
$220.00$175.00Aug 21$1.20$0.83$2.03$172.97$222.03
$230.00$180.00Aug 21$0.68$1.67$2.35$177.65$232.35
$220.00$180.00Aug 21$1.20$1.67$2.87$177.13$222.87
$230.00$185.00Aug 21$0.68$2.60$3.28$181.72$233.28
$210.00$175.00Aug 21$2.97$0.83$3.80$171.20$213.80
$220.00$185.00Aug 21$1.20$2.60$3.80$181.20$223.80
$210.00$180.00Aug 21$2.97$1.67$4.64$175.36$214.64
$230.00$190.00Aug 21$0.68$3.95$4.63$185.37$234.63
$220.00$190.00Aug 21$1.20$3.95$5.15$184.85$225.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 28 found (best R:R 14.63, avg credit $3.46)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
170/175180/185Aug 21$4.68$0.3214.63$170.32$184.68
175/180185/190Aug 21$4.59$0.4111.20$175.41$189.59
180/185190/195Aug 21$4.13$0.874.75$180.87$194.13
175/180190/195Aug 21$4.04$0.964.21$175.96$194.04
170/175185/190Aug 21$4.03$0.974.15$170.97$189.03
200/210220/230Aug 21$7.27$2.732.66$202.73$227.27
185/190195/200Aug 21$3.60$1.402.57$186.40$198.60
170/175190/195Aug 21$3.48$1.522.29$171.52$193.48
180/185195/200Aug 21$3.18$1.821.75$181.82$198.18
175/180195/200Aug 21$3.09$1.911.62$176.91$198.09

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$185.00$190.00$195.00Aug 21$0.55$4.458.09
$210.00$220.00$230.00Aug 21$1.25$8.757.00
$180.00$185.00$190.00Aug 21$0.65$4.356.69
$200.00$210.00$220.00Aug 21$1.76$8.244.68
$190.00$195.00$200.00Aug 21$0.95$4.054.26
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$165.00$170.00Aug 21$0.05$4.9599.00
$175.00$180.00$185.00Aug 21$0.09$4.9154.56
$190.00$195.00$200.00Aug 21$0.20$4.8024.00
$165.00$170.00$175.00Aug 21$0.23$4.7720.74
$180.00$185.00$190.00Aug 21$0.42$4.5810.90

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 14 found (best net $-0.16, 11 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$220.00$230.001:2Aug 21-$0.16$9.84
$195.00$200.001:2Aug 21-$4.25$0.75
$200.00$210.001:2Aug 21$0.56$9.44
$210.00$220.001:2Aug 21$0.57$9.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Aug 21-$1.50$8.50
$175.00$170.001:2Aug 21-$0.27$4.73
$170.00$165.001:2Aug 21-$0.45$4.55
$165.00$160.001:2Aug 21-$0.50$4.50
$185.00$180.001:2Aug 21-$0.74$4.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 3.02%, avg 1.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$200.00Aug 21$6.000.470.6%3.02%3.65%437790
$210.00Aug 21$2.650.285.7%1.33%6.99%66457
$220.00Aug 21$1.000.1410.7%0.50%11.19%282871
$230.00Aug 21$0.300.0815.7%0.15%15.87%621.3K

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 1,696
Total Puts 2,188
Put/Call Ratio 1.29
Net Difference -492

Prior's Put/Call Breakdown

Total Calls 1,952
Total Puts 401
Put/Call Ratio 0.21
Net Difference 1,551

Prior 7-Day Put/Call Summary

Total Calls 9,173
Total Puts 7,973
Average Put/Call Ratio 1.02
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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