Tour v528
FRMI
FERMI INC
$4.74 -6.14%
9/15 18:34

Option Volume

Detail
Current (09/15) 29,503
Calls: 21,081 (71%)
Puts: 8,422 (29%)
Prior (09/14) 31,365
Calls: 6,999 (22%)
Puts: 24,366 (78%)
Current vs Prior -5.94%
Calls: +201.20% (Calls)
Puts: -65.44% (Puts)
Prior 7-Day Total 173,439
Calls: 112,532 (65%)
Puts: 60,907 (35%)
Prior 7-Day Average 24,777
Calls: 16,076 (65%)
Puts: 8,701 (35%)
Current vs Prior 7-Day Avg +19.07%
Calls: +31.13%
Puts: -3.21%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/15) $2.45M
Calls: $893.4K (36%)
Puts: $1.56M (64%)
Prior (09/14) $828.5K
Calls: $322.9K (39%)
Puts: $505.6K (61%)
Current vs Prior +195.70%
Calls: +176.71%
Puts: +207.83%
Prior 7-Day Total $11.50M
Calls: $6.47M (56%)
Puts: $5.03M (44%)
Prior 7-Day Average $1.64M
Calls: $923.7K (56%)
Puts: $718.7K (44%)
Current vs Prior 7-Day Avg +49.16%
Calls: -3.28%
Puts: +116.56%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/15) 0.40
Prior (09/14) 3.48
Current vs Prior -88.52%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -52.72%
Sentiment BULLISH

Open Interest

Detail
Current (09/15) 463,540
Calls: 348,702 (75%)
Puts: 114,838 (25%)
Prior (09/14) 325,668
Calls: 245,208 (75%)
Puts: 80,460 (25%)
Current vs Prior +42.34%
Prior 7-Day Total 2,949,308
Calls: 2,333,192 (79%)
Puts: 616,116 (21%)
Prior 7-Day Average 421,329
Calls: 333,313 (79%)
Puts: 88,016 (21%)
Current vs Prior 7-Day Avg +10.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 8.65% | 15.40%8.65% | 25.53%
Prior 10.10% | 14.26%10.10% | 23.37%
Current vs Prior -14.35% | +8.02%-14.35% | +9.25%
Prior 7-Day Avg 8.35% | 13.72%13.07% | 26.44%
Current vs 7-Day Avg +3.60% | +12.29%-33.80% | -3.46%
Prior 7-Day Eod 10.10% | 14.26%10.10% | 23.37%
Current vs 7-Day Eod -14.35% | +8.02%-14.35% | +9.25%
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 64% put dollar volume ($1.56M). Massive premium surge with dollar volume up 196% vs prior. Extreme bullish P/C ratio of 0.40 - heavy call buying (21,081 calls vs 8,422 puts). P/C ratio dropping 89% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 6.8%, best 6.8%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Oct 160.700.75$0.736.8%7180.512.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.62, cheapest $0.32)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Oct 20.300.35$0.3215.6%1240.48129
$4.50Oct 20.500.60$0.5518.2%420.6830
$5.00Oct 160.450.50$0.4810.4%2880.491.0K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Sep 250.800.95$0.8817.0%130.87370
$5.00Oct 20.500.60$0.5518.2%220.55674
$5.00Oct 160.700.75$0.736.8%7180.512.7K
$5.00Oct 300.750.90$0.8318.1%20.50--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 22 found (avg delta 0.67, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.00Sep 250.501.10$0.8075.0%20.918
$4.00Oct 90.851.10$0.9825.5%110.8256
$4.00Oct 160.801.25$1.0244.1%1020.77--
$4.50Sep 180.250.40$0.3345.5%140.7344
$4.50Sep 250.400.70$0.5554.5%130.7254
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Sep 180.700.90$0.8025.0%300.902.9K
$5.50Sep 250.800.95$0.8817.0%130.87370
$5.50Oct 20.851.05$0.9521.1%20.7337
$5.50Oct 90.951.25$1.1027.3%30.7218
$5.00Sep 180.300.40$0.3528.6%2270.657.4K

Most actively traded options today. High liquidity = easy entry/exit. 43 active (total vol 4.9K, top 905)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Oct 20.150.20$0.1827.8%6960.31962
$5.50Sep 180.000.05$0.03166.7%3300.102.6K
$5.00Oct 160.450.50$0.4810.4%2880.491.0K
$5.00Sep 180.100.15$0.1338.5%2800.351.1K
$5.00Oct 20.300.35$0.3215.6%1240.48129
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.50Oct 230.400.50$0.4522.2%9050.3641
$5.00Oct 160.700.75$0.736.8%7180.512.7K
$4.50Sep 250.150.20$0.1827.8%3630.31350
$5.00Sep 180.300.40$0.3528.6%2270.657.4K
$4.50Sep 180.050.10$0.0862.5%1500.27479

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 27.9%, max 49.6%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$5.00Sep 18Oct 23131.9%88.1%49.6%2821.1K
$4.50Sep 18Oct 30103.9%96.0%8.3%8944
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$5.00Sep 18Oct 30131.9%90.6%45.5%2297.4K
$4.50Sep 18Oct 30103.9%96.0%8.3%173479

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 1.00, avg 1.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$4.00$4.50Sep 25$0.25$0.25$0.2591%1.00$4.25
$4.00$5.00Oct 16$0.54$0.46$0.5477%0.85$4.54
$4.00$4.50Oct 9$0.28$0.22$0.2882%0.79$4.28
$5.00$5.50Oct 23$0.15$0.35$0.1552%2.33$5.15
$4.50$5.00Oct 2$0.23$0.27$0.2368%1.17$4.73
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$5.00$4.50Sep 18$0.27$0.23$0.2765%0.85$4.73
$4.50$4.00Sep 25$0.13$0.37$0.1331%2.85$4.37
$5.00$4.50Sep 25$0.30$0.20$0.3062%0.67$4.70
$4.50$4.00Oct 23$0.20$0.30$0.2036%1.50$4.30
$5.00$4.50Oct 23$0.28$0.22$0.2851%0.79$4.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 1.00, avg 0.50)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$5.00$5.50Sep 18$0.10$0.10$0.4065%0.25$5.10
$5.00$5.50Oct 2$0.14$0.14$0.3652%0.39$5.14
$5.00$5.50Sep 25$0.10$0.10$0.4054%0.25$5.10
$5.00$5.50Oct 23$0.15$0.15$0.3548%0.43$5.15
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$4.50$4.00Oct 30$0.25$0.25$0.2563%1.00$4.25
$4.50$4.00Oct 9$0.20$0.20$0.3065%0.67$4.30
$4.50$4.00Oct 23$0.20$0.20$0.3064%0.67$4.30
$4.50$4.00Sep 25$0.13$0.13$0.3769%0.35$4.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.10, cheapest $0.07)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Sep 18Sep 25$0.07131.9%80.1%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Sep 18Sep 25$0.13131.9%80.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 8.65% of stock, avg 18.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$4.50Sep 18$0.33$0.08$0.41$4.09$4.918.65%
$5.00Sep 18$0.13$0.35$0.48$4.52$5.4810.13%
$5.00Sep 25$0.20$0.48$0.68$4.32$5.6814.35%
$4.50Sep 25$0.55$0.18$0.73$3.77$5.2315.40%
$4.50Oct 2$0.55$0.22$0.77$3.73$5.2716.24%
$5.00Oct 2$0.32$0.55$0.87$4.13$5.8718.35%
$4.50Oct 9$0.70$0.35$1.05$3.45$5.5522.15%
$5.00Oct 16$0.48$0.73$1.21$3.79$6.2125.53%
$5.00Oct 23$0.48$0.73$1.21$3.79$6.2125.53%
$4.50Oct 30$0.78$0.50$1.28$3.22$5.7827.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 15 found (cheapest 1.27% of stock, avg 7.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$5.50$4.00Sep 18$0.03$0.03$0.06$3.94$5.56
$5.50$4.50Sep 18$0.03$0.08$0.11$4.39$5.61
$5.50$4.00Sep 25$0.10$0.05$0.15$3.85$5.65
$5.00$4.00Sep 18$0.13$0.03$0.16$3.84$5.16
$5.00$4.50Sep 18$0.13$0.08$0.21$4.29$5.21
$5.50$4.50Sep 25$0.10$0.18$0.28$4.22$5.78
$5.50$4.00Oct 2$0.18$0.15$0.33$3.67$5.83
$5.00$4.00Sep 25$0.20$0.05$0.25$3.75$5.25
$5.50$4.50Oct 2$0.18$0.22$0.40$4.10$5.90
$5.00$4.50Sep 25$0.20$0.18$0.38$4.12$5.38

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. 15 found (best R:R 4.00, cheapest $0.05)

CALLS (3)
LowMidHighExpiryDebitMax GainPOPR:R
$4.50$5.00$5.50Sep 18$0.10$0.4063%4.00
$4.50$5.00$5.50Oct 2$0.09$0.4138%4.56
$4.50$5.00$5.50Sep 25$0.25$0.2548%1.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$4.50$5.00$5.50Sep 25$0.10$0.4056%4.00
$4.50$5.00$5.50Oct 9$0.05$0.4536%9.00
$4.50$5.00$5.50Oct 2$0.07$0.4339%6.14
$4.50$5.00$5.50Sep 18$0.18$0.3263%1.78
$4.00$4.50$5.00Sep 25$0.17$0.3350%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. 22 found (best net $-0.08, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$4.50$5.001:2Oct 2-$0.09$0.41
$4.00$4.501:2Sep 25-$0.30$0.20
$5.00$5.501:2Oct 23-$0.18$0.32
$4.00$4.501:2Oct 9-$0.42$0.08
$4.00$5.001:2Oct 16$0.06$0.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$5.50$5.001:2Sep 25-$0.08$0.42
$5.50$5.001:2Oct 2-$0.15$0.35
$5.00$4.501:2Oct 30-$0.17$0.33
$5.00$4.501:2Oct 23-$0.17$0.33
$4.50$4.001:2Oct 2-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 9.49%, avg 4.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$5.00Oct 16$0.450.495.5%9.49%14.98%2881.0K
$5.50Oct 23$0.200.3916.0%4.22%20.25%818
$5.00Oct 23$0.350.525.5%7.38%12.87%231
$5.00Oct 2$0.300.485.5%6.33%11.81%124129
$5.50Oct 2$0.150.3116.0%3.16%19.20%696962
$5.00Sep 25$0.100.465.5%2.11%7.59%35167
$5.00Sep 18$0.100.355.5%2.11%7.59%2801.1K

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 21,081
Total Puts 8,422
Put/Call Ratio 0.40
Net Difference 12,659

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 112,532
Total Puts 60,907
Average Put/Call Ratio 0.84
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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