Tour v527
FRMI
FERMI INC
$5.05 -8.18%
$5.07 (+0.40%)🌙
as of 09/14 06:34 PM
9/14 18:34

Option Volume

Detail
Current (09/14) 31,365
Calls: 6,999 (22%)
Puts: 24,366 (78%)
Prior (09/11) 11,829
Calls: 6,891 (58%)
Puts: 4,938 (42%)
Current vs Prior +165.15%
Calls: +1.57% (Calls)
Puts: +393.44% (Puts)
Prior 7-Day Total 162,912
Calls: 120,463 (74%)
Puts: 42,449 (26%)
Prior 7-Day Average 23,273
Calls: 17,209 (74%)
Puts: 6,064 (26%)
Current vs Prior 7-Day Avg +34.77%
Calls: -59.33%
Puts: +301.80%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/14) $828.5K
Calls: $322.9K (39%)
Puts: $505.6K (61%)
Prior (09/11) $2.09M
Calls: $269.7K (13%)
Puts: $1.82M (87%)
Current vs Prior -60.41%
Calls: +19.72%
Puts: -72.26%
Prior 7-Day Total $13.28M
Calls: $7.16M (54%)
Puts: $6.12M (46%)
Prior 7-Day Average $1.90M
Calls: $1.02M (54%)
Puts: $874.5K (46%)
Current vs Prior 7-Day Avg -56.32%
Calls: -68.42%
Puts: -42.18%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/14) 3.48
Prior (09/11) 0.72
Current vs Prior +385.82%
Prior 7-Day Average 0.40
Current vs Prior 7-Day Avg +761.58%
Sentiment BEARISH

Open Interest

Detail
Current (09/14) 325,668
Calls: 245,208 (75%)
Puts: 80,460 (25%)
Prior (09/11) 416,326
Calls: 340,663 (82%)
Puts: 75,663 (18%)
Current vs Prior -21.78%
Prior 7-Day Total 3,098,894
Calls: 2,452,349 (79%)
Puts: 646,545 (21%)
Prior 7-Day Average 442,699
Calls: 350,335 (79%)
Puts: 92,363 (21%)
Current vs Prior 7-Day Avg -26.44%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 10.10% | 14.26%10.10% | 23.37%
Prior 12.36% | 17.27%12.36% | 25.45%
Current vs Prior -18.32% | -17.46%-18.32% | -8.20%
Prior 7-Day Avg 7.98% | 13.57%14.17% | 27.00%
Current vs 7-Day Avg +26.48% | +5.10%-28.73% | -13.45%
Prior 7-Day Eod 12.36% | 17.27%12.36% | 25.45%
Current vs 7-Day Eod -18.32% | -17.46%-18.32% | -8.20%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 30.87% | 15.74%
Calls: 40.00% | 22.06%
Puts: 21.74% | 9.43%
Prior 30.87% | 15.74%
Calls: 40.00% | 22.06%
Puts: 21.74% | 9.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 30.87% | 15.74%
Calls: 40.00% | 22.06%
Puts: 21.74% | 9.43%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($505.6K). Light premium activity with dollar volume down 60% vs prior. Unusually high activity with volume up 165% vs prior - elevated interest. Extreme bearish P/C ratio of 3.48 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 5.4%, best 5.4%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Oct 230.900.95$0.935.4%180.524

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.56, cheapest $0.32)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Oct 20.300.35$0.3215.6%560.42910
$5.50Oct 230.500.60$0.5518.2%100.4811
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Sep 250.300.35$0.3215.6%2240.442.8K
$5.00Oct 20.400.45$0.4311.6%5140.43--
$5.00Oct 90.450.50$0.4810.4%340.43101
$5.00Oct 160.500.60$0.5518.2%1450.432.5K
$5.00Oct 230.550.65$0.6016.7%100.42--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 17 found (avg delta 0.63, highest 0.82)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.50Oct 20.550.85$0.7042.9%80.7527
$4.50Oct 90.751.00$0.8828.4%30.7455
$5.00Oct 90.500.65$0.5726.3%10.58--
$5.00Oct 230.500.85$0.6851.5%10.5830
$5.00Oct 160.550.70$0.6323.8%80.571.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Sep 180.801.10$0.9531.6%300.823.8K
$6.00Oct 21.001.40$1.2033.3%310.7192
$5.50Sep 180.500.65$0.5726.3%1210.702.8K
$6.00Oct 91.101.30$1.2016.7%60.678
$6.00Oct 161.151.35$1.2516.0%240.633.2K

Most actively traded options today. High liquidity = easy entry/exit. 38 active (total vol 5.2K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Sep 180.050.10$0.0862.5%1.0K0.175.3K
$5.50Sep 180.100.15$0.1338.5%7220.302.2K
$5.00Sep 180.200.35$0.2853.6%2720.561.2K
$6.00Sep 250.100.15$0.1338.5%2130.231.4K
$6.00Oct 160.300.40$0.3528.6%1740.363.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Sep 180.200.25$0.2321.7%1.1K0.456.5K
$5.00Oct 20.400.45$0.4311.6%5140.43--
$5.00Sep 250.300.35$0.3215.6%2240.442.8K
$5.00Oct 160.500.60$0.5518.2%1450.432.5K
$5.50Sep 180.500.65$0.5726.3%1210.702.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 28.6%, max 55.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Sep 18Oct 23163.9%105.8%55.0%1.0K5.3K
$5.00Sep 18Oct 23119.6%96.2%24.4%2731.2K
$5.50Sep 18Oct 23137.0%110.1%24.4%7322.3K
$4.50Oct 2Oct 993.7%92.4%1.4%1182
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Sep 18Oct 16163.9%112.1%46.2%547.0K
$5.00Sep 18Oct 23119.6%96.2%24.4%1.1K6.5K
$5.50Sep 18Oct 23137.0%110.1%24.4%1392.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 2.57, avg 1.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$5.00$6.00Oct 16$0.28$0.72$0.2857%2.57$5.28
$5.00$5.50Oct 23$0.13$0.37$0.1358%2.85$5.13
$4.50$5.00Oct 2$0.20$0.30$0.2075%1.50$4.70
$5.00$6.00Oct 9$0.29$0.71$0.2958%2.45$5.29
$5.00$5.50Sep 25$0.15$0.35$0.1557%2.33$5.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$5.50$5.00Oct 2$0.30$0.20$0.3059%0.67$5.20
$5.00$4.50Sep 25$0.19$0.31$0.1944%1.63$4.81
$5.50$5.00Sep 25$0.33$0.17$0.3362%0.52$5.17
$5.00$4.50Oct 23$0.25$0.25$0.2542%1.00$4.75
$5.00$4.50Oct 9$0.25$0.25$0.2543%1.00$4.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 0.67, avg 0.68)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$5.50$6.00Sep 25$0.12$0.12$0.3862%0.32$5.62
$5.50$6.00Oct 23$0.17$0.17$0.3352%0.52$5.67
$5.50$6.00Oct 2$0.12$0.12$0.3858%0.32$5.62
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$5.00$4.50Sep 18$0.20$0.20$0.3056%0.67$4.80
$5.00$4.50Oct 2$0.25$0.25$0.2557%1.00$4.75
$5.00$4.50Oct 9$0.25$0.25$0.2557%1.00$4.75
$5.00$4.50Oct 23$0.25$0.25$0.2558%1.00$4.75
$5.00$4.50Sep 25$0.19$0.19$0.3156%0.61$4.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.10, cheapest $0.09)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Sep 18Sep 25$0.12119.6%103.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Sep 18Sep 25$0.09119.6%103.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 10.10% of stock, avg 19.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$5.00Sep 18$0.28$0.23$0.51$4.49$5.5110.10%
$5.50Sep 18$0.13$0.57$0.70$4.80$6.2013.86%
$5.00Sep 25$0.40$0.32$0.72$4.28$5.7214.26%
$5.50Sep 25$0.25$0.65$0.90$4.60$6.4017.82%
$5.00Oct 2$0.50$0.43$0.93$4.07$5.9318.42%
$5.50Oct 2$0.32$0.73$1.05$4.45$6.5520.79%
$5.00Oct 9$0.57$0.48$1.05$3.95$6.0520.79%
$5.00Oct 16$0.63$0.55$1.18$3.82$6.1823.37%
$5.00Oct 23$0.68$0.60$1.28$3.72$6.2825.35%
$5.50Oct 23$0.55$0.93$1.48$4.02$6.9829.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 19 found (cheapest 2.18% of stock, avg 11.25%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$6.00$4.50Sep 18$0.08$0.03$0.11$4.39$6.11
$5.50$4.50Sep 18$0.13$0.03$0.16$4.34$5.66
$6.00$4.50Sep 25$0.13$0.13$0.26$4.24$6.26
$6.00$4.50Oct 2$0.20$0.18$0.38$4.12$6.38
$5.50$5.00Sep 18$0.13$0.23$0.36$4.64$5.86
$6.00$5.00Sep 18$0.08$0.23$0.31$4.69$6.31
$5.50$4.50Sep 25$0.25$0.13$0.38$4.12$5.88
$6.00$4.50Oct 9$0.28$0.23$0.51$3.99$6.51
$6.00$5.00Sep 25$0.13$0.32$0.45$4.55$6.45
$5.50$4.50Oct 2$0.32$0.18$0.50$4.00$6.00

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 2.57, cheapest $0.06)

CALLS (2)
LowMidHighExpiryDebitMax GainPOPR:R
$5.00$5.50$6.00Oct 2$0.06$0.4428%7.33
$5.00$5.50$6.00Sep 18$0.10$0.4038%4.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$4.50$5.00$5.50Sep 18$0.14$0.3660%2.57
$4.50$5.00$5.50Oct 9$0.10$0.4030%4.00
$4.50$5.00$5.50Sep 25$0.14$0.3640%2.57
$4.50$5.00$5.50Oct 23$0.08$0.4222%5.25
$5.00$5.50$6.00Oct 2$0.17$0.3328%1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 20 found (best net $-0.07, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$5.00$6.001:2Oct 16-$0.07$0.93
$5.00$5.501:2Sep 25-$0.10$0.40
$5.00$5.501:2Oct 2-$0.14$0.36
$5.50$6.001:2Oct 2-$0.08$0.42
$4.50$5.001:2Oct 9-$0.26$0.24
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.00$5.501:2Sep 18-$0.19$0.31
$5.50$5.001:2Oct 2-$0.13$0.37
$5.50$5.001:2Oct 9-$0.13$0.37
$6.00$5.501:2Oct 2-$0.26$0.24
$5.00$4.501:2Oct 23-$0.10$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 9.90%, avg 4.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$5.50Oct 23$0.500.488.9%9.90%18.81%1011
$6.00Oct 23$0.300.3718.8%5.94%24.75%5--
$6.00Oct 16$0.300.3618.8%5.94%24.75%1743.7K
$6.00Oct 9$0.200.3418.8%3.96%22.77%704.3K
$5.50Oct 2$0.300.428.9%5.94%14.85%56910
$6.00Oct 2$0.150.2918.8%2.97%21.78%762.0K
$5.50Sep 25$0.200.398.9%3.96%12.87%60248
$6.00Sep 25$0.100.2318.8%1.98%20.79%2131.4K
$5.50Sep 18$0.100.308.9%1.98%10.89%7222.2K

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 6,999
Total Puts 24,366
Put/Call Ratio 3.48
Net Difference -17,367

Prior's Put/Call Breakdown

Total Calls 6,891
Total Puts 4,938
Put/Call Ratio 0.72
Net Difference 1,953

Prior 7-Day Put/Call Summary

Total Calls 120,463
Total Puts 42,449
Average Put/Call Ratio 0.40
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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