Tour v366
HSY
HERSHEY CO
$171.70 +0.16%
7/20 18:38

Option Volume

Detail
Current (07/20) 2,852
Calls: 1,805 (63%)
Puts: 1,047 (37%)
Prior (07/17) 1,656
Calls: 733 (44%)
Puts: 923 (56%)
Current vs Prior +72.22%
Calls: +146.25% (Calls)
Puts: +13.43% (Puts)
Prior 7-Day Total 9,326
Calls: 4,830 (52%)
Puts: 4,496 (48%)
Prior 7-Day Average 1,332
Calls: 690 (52%)
Puts: 642 (48%)
Current vs Prior 7-Day Avg +114.07%
Calls: +161.59%
Puts: +63.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $1.39M
Calls: $710.8K (51%)
Puts: $681.3K (49%)
Prior (07/17) $670.7K
Calls: $241.2K (36%)
Puts: $429.6K (64%)
Current vs Prior +107.56%
Calls: +194.74%
Puts: +58.61%
Prior 7-Day Total $4.23M
Calls: $1.97M (47%)
Puts: $2.26M (53%)
Prior 7-Day Average $604.7K
Calls: $281.6K (47%)
Puts: $323.2K (53%)
Current vs Prior 7-Day Avg +130.22%
Calls: +152.46%
Puts: +110.84%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.58
Prior (07/17) 1.26
Current vs Prior -53.93%
Prior 7-Day Average 1.07
Current vs Prior 7-Day Avg -45.88%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 11,679
Calls: 8,056 (69%)
Puts: 3,623 (31%)
Prior (07/17) 9,721
Calls: 6,067 (62%)
Puts: 3,654 (38%)
Current vs Prior +20.14%
Prior 7-Day Total 63,362
Calls: 38,046 (60%)
Puts: 25,316 (40%)
Prior 7-Day Average 9,051
Calls: 5,435 (60%)
Puts: 3,616 (40%)
Current vs Prior 7-Day Avg +29.03%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.64% | 6.44%8.88% | 11.76%
Prior 3.94% | 6.50%1.56% | 9.98%
Current vs Prior -7.56% | -1.06%+470.22% | +17.94%
Prior 7-Day Avg 3.16% | 4.88%3.07% | 10.15%
Current vs 7-Day Avg +15.24% | +31.95%+189.31% | +15.92%
Prior 7-Day Eod 3.94% | 6.50%1.56% | 9.98%
Current vs 7-Day Eod -7.56% | -1.06%+470.22% | +17.94%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 54.08% | 20.25%
Calls: 41.38% | 17.72%
Puts: 66.77% | 22.78%
Prior 54.08% | 20.25%
Calls: 41.38% | 17.72%
Puts: 66.77% | 22.78%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 54.08% | 20.25%
Calls: 41.38% | 17.72%
Puts: 66.77% | 22.78%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 108% vs prior. Dollar volume significantly above 7-day average (130% higher). Above-average activity with volume up 72% vs prior. Volume explosion - 114% above 7-day average (2,852 vs avg 1,332).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
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 5 of results (avg 7.9%, best 6.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Jul 317.107.70$7.408.1%50.65--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Aug 2833.4035.60$34.506.4%60.93--
$190.00Aug 2119.6021.10$20.357.4%10.83--
$180.00Aug 2111.7012.70$12.208.2%10.67--
$185.00Aug 2115.4016.90$16.159.3%10.76--

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. 25 found (avg delta 0.65, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 2113.9015.40$14.6510.2%10.76--
$165.00Aug 2110.4011.60$11.0010.9%10.66--
$167.50Jul 317.107.70$7.408.1%50.65--
$170.00Jul 243.103.70$3.4017.6%30.6212
$170.00Jul 315.506.20$5.8512.0%120.573
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Aug 2833.4035.60$34.506.4%60.93--
$180.00Jul 248.109.30$8.7013.8%10.88--
$190.00Aug 2119.6021.10$20.357.4%10.83--
$177.50Jul 245.907.10$6.5018.5%10.81--
$185.00Aug 2115.4016.90$16.159.3%10.76--

Most actively traded options today. High liquidity = easy entry/exit. 102 active (total vol 1.9K, top 197)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 215.005.80$5.4014.8%1970.43214
$180.00Jul 240.300.50$0.4050.0%1730.12200
$170.00Aug 217.408.20$7.8010.3%1310.5519
$177.50Jul 312.303.00$2.6526.4%1150.3490
$175.00Jul 240.951.35$1.1534.8%560.3037
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 240.250.65$0.4588.9%1560.14114
$175.00Aug 147.609.10$8.3518.0%630.5661
$160.00Aug 212.553.00$2.7816.2%540.24211
$170.00Aug 215.906.60$6.2511.2%490.45214
$150.00Aug 211.051.30$1.1821.2%400.12187

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 25.5%, max 69.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$195.00Jul 24Aug 2161.4%36.5%68.1%26276
$190.00Jul 24Aug 2154.5%35.3%54.2%58542
$187.50Jul 24Aug 2150.1%34.6%44.8%32176
$200.00Jul 31Aug 2151.8%37.4%38.4%33337
$185.00Jul 31Aug 2143.0%34.6%24.2%53550
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 24Aug 2166.2%39.0%69.6%50201
$155.00Jul 24Aug 2852.4%34.9%50.2%9107
$145.00Jul 31Aug 2856.0%38.7%44.8%3--
$162.50Jul 24Aug 2141.2%35.1%17.3%35134
$160.00Jul 24Aug 2141.7%35.6%17.0%63368

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 77 found (best R:R 49.00, avg 6.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$182.50$187.50Jul 24$0.10$4.90$0.1049.00$182.60
$180.00$182.50Jul 24$0.12$2.38$0.1219.83$180.12
$190.00$195.00Jul 31$0.25$4.75$0.2519.00$190.25
$200.00$205.00Aug 21$0.28$4.72$0.2816.86$200.28
$195.00$200.00Aug 21$0.35$4.65$0.3513.29$195.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$150.00$145.00Jul 31$0.13$4.87$0.1337.46$149.87
$145.00$140.00Aug 21$0.23$4.77$0.2320.74$144.77
$165.00$162.50Jul 24$0.12$2.38$0.1219.83$164.88
$155.00$150.00Jul 31$0.25$4.75$0.2519.00$154.75
$162.50$160.00Jul 24$0.18$2.32$0.1812.89$162.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 84 found (best R:R 9.00, avg 0.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$160.00$165.00Aug 21$3.65$3.65$1.352.70$163.65
$165.00$170.00Aug 21$3.20$3.20$1.801.78$168.20
$167.50$170.00Jul 31$1.55$1.55$0.951.63$169.05
$170.00$175.00Aug 28$2.55$2.55$2.451.04$172.55
$170.00$172.50Jul 31$1.25$1.25$1.251.00$171.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$177.50$175.00Jul 24$2.25$2.25$0.259.00$175.25
$180.00$177.50Jul 24$2.20$2.20$0.307.33$177.80
$180.00$177.50Jul 31$2.20$2.20$0.307.33$177.80
$205.00$175.00Aug 28$25.30$25.30$4.705.38$179.70
$190.00$185.00Aug 21$4.20$4.20$0.805.25$185.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 25 found (avg debit $1.36, cheapest $0.28)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$195.00Jul 24Jul 31$0.2861.4%47.0%
$185.00Jul 31Aug 7$0.4343.0%37.9%
$200.00Jul 31Aug 21$0.4351.8%37.4%
$190.00Jul 24Jul 31$0.4854.5%44.7%
$187.50Jul 24Aug 7$1.0950.1%39.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Jul 24Jul 31$0.2866.2%50.7%
$145.00Jul 31Aug 21$0.4856.0%40.5%
$157.50Jul 31Aug 7$0.5044.8%40.7%
$155.00Jul 24Jul 31$0.5352.4%46.4%
$152.50Aug 7Aug 21$0.6842.3%37.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 2.92% of stock, avg 7.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$172.50Jul 24$2.17$2.85$5.02$167.48$177.522.92%
$170.00Jul 24$3.40$1.75$5.15$164.85$175.153.00%
$175.00Jul 24$1.15$4.25$5.40$169.60$180.403.15%
$177.50Jul 24$0.65$6.50$7.15$170.35$184.654.16%
$180.00Jul 24$0.40$8.70$9.10$170.90$189.105.30%
$172.50Jul 31$4.60$5.20$9.80$162.70$182.305.71%
$170.00Jul 31$5.85$4.00$9.85$160.15$179.855.74%
$175.00Jul 31$3.70$6.60$10.30$164.70$185.306.00%
$167.50Jul 31$7.40$3.03$10.43$157.07$177.936.07%
$177.50Jul 31$2.65$8.25$10.90$166.60$188.406.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 114 found (cheapest 0.36% of stock, avg 3.04%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$182.50$162.50Jul 24$0.28$0.33$0.61$161.89$183.11
$180.00$162.50Jul 24$0.40$0.33$0.73$161.77$180.73
$182.50$165.00Jul 24$0.28$0.45$0.73$164.27$183.23
$180.00$165.00Jul 24$0.40$0.45$0.85$164.15$180.85
$177.50$162.50Jul 24$0.65$0.33$0.98$161.52$178.48
$177.50$165.00Jul 24$0.65$0.45$1.10$163.90$178.60
$182.50$167.50Jul 24$0.28$0.93$1.21$166.29$183.71
$180.00$167.50Jul 24$0.40$0.93$1.33$166.17$181.33
$175.00$162.50Jul 24$1.15$0.33$1.48$161.02$176.48
$177.50$167.50Jul 24$0.65$0.93$1.58$165.92$179.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 231 found (best R:R 18.23, avg credit $1.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
175/178180/182Jul 24$2.37$0.1318.23$175.13$182.37
170/172175/178Jul 31$2.25$0.259.00$170.25$177.25
162/165168/170Jul 31$2.12$0.385.58$162.88$169.62
155/160165/170Aug 21$4.20$0.805.25$155.80$169.20
165/168170/172Jul 31$2.08$0.424.95$165.42$172.08
172/175178/180Jul 31$2.07$0.434.81$172.93$179.57
145/150160/165Aug 21$4.10$0.904.56$145.90$164.10
162/165170/172Aug 21$2.05$0.454.56$162.95$172.05
168/170175/178Jul 31$2.02$0.484.21$167.98$177.02
152/155160/165Aug 21$4.00$1.004.00$151.00$164.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 53 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$195.00$200.00$205.00Aug 21$0.07$4.9370.43
$190.00$195.00$200.00Aug 21$0.12$4.8840.67
$180.00$182.50$185.00Aug 21$0.07$2.4334.71
$190.00$195.00$200.00Jul 31$0.17$4.8328.41
$170.00$172.50$175.00Aug 21$0.10$2.4024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$145.00$150.00$155.00Jul 31$0.12$4.8840.67
$157.50$160.00$162.50Jul 31$0.08$2.4230.25
$150.00$152.50$155.00Aug 21$0.10$2.4024.00
$140.00$145.00$150.00Aug 21$0.22$4.7821.73
$180.00$185.00$190.00Aug 21$0.25$4.7519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 73 found (best net $-0.05, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$182.50$187.501:2Jul 24-$0.08$4.92
$190.00$195.001:2Jul 31-$0.13$4.87
$185.00$190.001:2Jul 31-$0.16$4.84
$200.00$205.001:2Aug 21-$0.17$4.83
$195.00$200.001:2Jul 31-$0.22$4.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$155.001:2Jul 24-$0.05$4.95
$155.00$150.001:2Jul 24-$0.10$4.90
$150.00$145.001:2Jul 31-$0.12$4.88
$155.00$150.001:2Jul 31-$0.13$4.87
$157.50$152.501:2Aug 7-$0.15$4.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 3.61%, avg 1.17%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$172.50Aug 21$6.200.490.5%3.61%4.08%8--
$175.00Aug 21$5.000.431.9%2.91%4.83%197214
$175.00Aug 28$5.000.431.9%2.91%4.83%4--
$175.00Aug 14$4.800.441.9%2.80%4.72%613
$172.50Jul 31$4.200.490.5%2.45%2.91%133
$177.50Aug 21$4.000.383.4%2.33%5.71%13--
$175.00Aug 7$3.900.421.9%2.27%4.19%62
$175.00Jul 31$3.200.411.9%1.86%3.79%1822
$180.00Aug 21$3.200.334.8%1.86%6.70%16433
$180.00Aug 14$3.000.334.8%1.75%6.58%1118

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 1,805
Total Puts 1,047
Put/Call Ratio 0.58
Net Difference 758

Prior's Put/Call Breakdown

Total Calls 733
Total Puts 923
Put/Call Ratio 1.26
Net Difference -190

Prior 7-Day Put/Call Summary

Total Calls 4,830
Total Puts 4,496
Average Put/Call Ratio 1.07
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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