Tour v381
HSY
HERSHEY CO
$170.63 -0.62%
$170.01 (-0.36%)🌙
as of 07/21 06:38 PM
7/21 18:38

Option Volume

Detail
Current (07/21) 1,105
Calls: 385 (35%)
Puts: 720 (65%)
Prior (07/20) 2,852
Calls: 1,805 (63%)
Puts: 1,047 (37%)
Current vs Prior -61.26%
Calls: -78.67% (Calls)
Puts: -31.23% (Puts)
Prior 7-Day Total 10,743
Calls: 5,697 (53%)
Puts: 5,046 (47%)
Prior 7-Day Average 1,534
Calls: 813 (53%)
Puts: 720 (47%)
Current vs Prior 7-Day Avg -28.00%
Calls: -52.69%
Puts: -0.12%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/21) $667.0K
Calls: $194.0K (29%)
Puts: $473.0K (71%)
Prior (07/20) $1.39M
Calls: $710.8K (51%)
Puts: $681.3K (49%)
Current vs Prior -52.09%
Calls: -72.72%
Puts: -30.58%
Prior 7-Day Total $5.05M
Calls: $2.33M (46%)
Puts: $2.72M (54%)
Prior 7-Day Average $720.9K
Calls: $332.9K (46%)
Puts: $388.0K (54%)
Current vs Prior 7-Day Avg -7.48%
Calls: -41.74%
Puts: +21.90%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21) 1.87
Prior (07/20) 0.58
Current vs Prior +222.41%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg +73.30%
Sentiment BEARISH

Open Interest

Detail
Current (07/21) 9,636
Calls: 6,379 (66%)
Puts: 3,257 (34%)
Prior (07/20) 11,679
Calls: 8,056 (69%)
Puts: 3,623 (31%)
Current vs Prior -17.49%
Prior 7-Day Total 66,006
Calls: 40,829 (62%)
Puts: 25,177 (38%)
Prior 7-Day Average 9,429
Calls: 5,832 (62%)
Puts: 3,596 (38%)
Current vs Prior 7-Day Avg +2.19%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.22% | 6.30%8.91% | 11.72%
Prior 3.64% | 6.44%8.88% | 11.76%
Current vs Prior -11.45% | -2.10%+0.30% | -0.37%
Prior 7-Day Avg 3.34% | 5.21%3.75% | 10.36%
Current vs 7-Day Avg -3.52% | +20.98%+137.58% | +13.17%
Prior 7-Day Eod 3.64% | 6.44%8.88% | 11.76%
Current vs 7-Day Eod -11.45% | -2.10%+0.30% | -0.37%
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

Moderately bearish flow with 71% put dollar volume ($473.0K). Light premium activity with dollar volume down 52% vs prior. Below-average activity with volume down 61% vs prior. Extreme bearish P/C ratio of 1.87 - 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 BULLISH
7-Day Avg BEARISH
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 10 of results (avg 7.8%, best 5.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Jul 315.105.40$5.255.7%70.54--
$175.00Jul 312.903.20$3.059.8%10.38--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Aug 2122.8024.40$23.606.8%170.87--
$170.00Jul 314.204.50$4.356.9%70.4684
$175.00Jul 317.007.50$7.256.9%10.6273
$172.50Aug 217.808.40$8.107.4%1820.54--
$175.00Aug 219.109.90$9.508.4%60.59--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.83, cheapest $0.83)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Jul 310.750.90$0.8318.1%60.14118
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 15 found (avg delta 0.61, highest 0.87)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 219.5010.50$10.0010.0%10.64--
$170.00Jul 242.202.60$2.4016.7%130.5614
$170.00Jul 315.105.40$5.255.7%70.54--
$170.00Aug 146.607.30$6.9510.1%50.5215
$170.00Aug 216.707.50$7.1011.3%280.52134
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Aug 2122.8024.40$23.606.8%170.87--
$190.00Aug 2120.3022.10$21.208.5%200.84--
$172.50Jul 242.903.30$3.1012.9%30.64--
$175.00Jul 317.007.50$7.256.9%10.6273
$175.00Aug 219.109.90$9.508.4%60.59--

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 805, top 182)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 214.405.20$4.8016.7%380.40349
$170.00Aug 216.707.50$7.1011.3%280.52134
$170.00Jul 242.202.60$2.4016.7%130.5614
$190.00Jul 240.000.10$0.05200.0%130.0251
$190.00Jul 310.150.80$0.48135.4%100.0855
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Aug 217.808.40$8.107.4%1820.54--
$145.00Jul 310.050.30$0.18138.9%630.032
$140.00Aug 210.400.80$0.6066.7%490.0673
$175.00Aug 289.4010.40$9.9010.1%480.5912
$165.00Jul 240.300.60$0.4566.7%350.15240

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 31.0%, max 59.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Jul 24Aug 2155.6%34.9%59.3%3--
$190.00Jul 24Aug 2155.8%35.7%56.1%14581
$185.00Jul 24Aug 2152.8%34.8%51.9%11435
$182.50Jul 24Aug 2145.6%34.6%32.1%516
$180.00Jul 31Aug 2141.4%35.0%18.4%14128
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 24Aug 2160.5%38.1%58.8%10244
$155.00Jul 24Aug 2151.5%36.5%40.9%2--
$175.00Jul 31Aug 2843.1%33.3%29.2%4985
$160.00Jul 24Aug 2143.2%35.2%22.5%27158
$162.50Jul 24Aug 2140.7%34.6%17.7%6149

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 45 found (best R:R 24.00, avg 4.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$182.50Jul 24$0.48$7.02$0.4814.62$175.48
$185.00$190.00Jul 31$0.35$4.65$0.3513.29$185.35
$187.50$190.00Aug 21$0.25$2.25$0.259.00$187.75
$190.00$195.00Aug 21$0.58$4.42$0.587.62$190.58
$180.00$185.00Jul 31$0.67$4.33$0.676.46$180.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$150.00$145.00Jul 31$0.20$4.80$0.2024.00$149.80
$162.50$160.00Jul 24$0.12$2.38$0.1219.83$162.38
$150.00$140.00Aug 21$0.58$9.42$0.5816.24$149.42
$165.00$162.50Jul 24$0.20$2.30$0.2011.50$164.80
$160.00$150.00Jul 31$0.95$9.05$0.959.53$159.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 3.55, avg 0.61)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$170.00Aug 21$2.90$2.90$2.101.38$167.90
$170.00$172.50Aug 21$1.20$1.20$1.300.92$171.20
$170.00$172.50Jul 24$1.15$1.15$1.350.85$171.15
$170.00$175.00Jul 31$2.20$2.20$2.800.79$172.20
$172.50$175.00Aug 21$1.10$1.10$1.400.79$173.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$190.00$175.00Aug 21$11.70$11.70$3.303.55$178.30
$175.00$172.50Jul 31$1.75$1.75$0.752.33$173.25
$172.50$170.00Jul 24$1.40$1.40$1.101.27$171.10
$175.00$170.00Aug 14$2.80$2.80$2.201.27$172.20
$175.00$172.50Aug 21$1.40$1.40$1.101.27$173.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 18 found (avg debit $1.72, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$200.00Aug 21Aug 28$0.1539.1%37.3%
$190.00Jul 24Jul 31$0.4355.8%45.7%
$185.00Jul 24Jul 31$0.6852.8%43.3%
$187.50Jul 24Aug 21$1.4855.6%34.9%
$180.00Jul 31Aug 21$1.6341.4%35.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Jul 24Jul 31$0.3560.5%51.5%
$155.00Jul 24Aug 7$1.0051.5%41.5%
$160.00Jul 24Jul 31$1.2043.2%45.5%
$162.50Jul 24Jul 31$1.5540.7%44.2%
$165.00Jul 24Jul 31$1.9337.1%42.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 2.40% of stock, avg 7.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$170.00Jul 24$2.40$1.70$4.10$165.90$174.102.40%
$172.50Jul 24$1.25$3.10$4.35$168.15$176.852.55%
$170.00Jul 31$5.25$4.35$9.60$160.40$179.605.63%
$175.00Jul 31$3.05$7.25$10.30$164.70$185.306.04%
$172.50Aug 7$4.75$6.35$11.10$161.40$183.606.51%
$170.00Aug 14$6.95$6.40$13.35$156.65$183.357.82%
$170.00Aug 21$7.10$6.80$13.90$156.10$183.908.15%
$172.50Aug 21$5.90$8.10$14.00$158.50$186.508.20%
$175.00Aug 21$4.80$9.50$14.30$160.70$189.308.38%
$165.00Aug 21$10.00$4.55$14.55$150.45$179.558.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 68 found (cheapest 0.23% of stock, avg 3.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$182.50$162.50Jul 24$0.15$0.25$0.40$162.10$182.90
$182.50$165.00Jul 24$0.15$0.45$0.60$164.40$183.10
$175.00$162.50Jul 24$0.63$0.25$0.88$161.62$175.88
$182.50$167.50Jul 24$0.15$0.90$1.05$166.45$183.55
$175.00$165.00Jul 24$0.63$0.45$1.08$163.92$176.08
$172.50$162.50Jul 24$1.25$0.25$1.50$161.00$174.00
$175.00$167.50Jul 24$0.63$0.90$1.53$165.97$176.53
$172.50$165.00Jul 24$1.25$0.45$1.70$163.30$174.20
$190.00$160.00Jul 31$0.48$1.33$1.81$158.19$191.81
$182.50$170.00Jul 24$0.15$1.70$1.85$168.15$184.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 119 found (best R:R 15.67, avg credit $1.75)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
172/175178/180Jul 31$2.35$0.1515.67$172.65$179.85
168/170172/175Aug 21$2.35$0.1515.67$167.65$174.85
165/168170/172Aug 21$2.20$0.307.33$165.30$172.20
170/172175/178Jul 31$2.10$0.405.25$170.40$177.10
162/165170/172Aug 21$2.10$0.405.25$162.90$172.10
165/168172/175Aug 21$2.10$0.405.25$165.40$174.60
172/175180/182Aug 21$2.08$0.424.95$172.92$182.08
162/165172/175Aug 21$2.00$0.504.00$163.00$174.50
155/160165/170Aug 21$3.97$1.033.85$156.03$168.97
170/172180/182Aug 21$1.98$0.523.81$170.52$181.98

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 25 found (best R:R 34.71, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$182.50$185.00$187.50Aug 21$0.07$2.4334.71
$170.00$172.50$175.00Aug 21$0.10$2.4024.00
$185.00$187.50$190.00Aug 21$0.15$2.3515.67
$180.00$185.00$190.00Jul 31$0.32$4.6814.62
$180.00$182.50$185.00Aug 21$0.21$2.2910.90
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$162.50$165.00Jul 24$0.08$2.4230.25
$157.50$160.00$162.50Jul 24$0.09$2.4126.78
$162.50$165.00$167.50Aug 21$0.10$2.4024.00
$170.00$172.50$175.00Aug 21$0.10$2.4024.00
$160.00$162.50$165.00Jul 31$0.11$2.3921.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 45 found (best net $-0.02, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$185.00$190.001:2Jul 31-$0.13$4.87
$180.00$185.001:2Jul 31-$0.16$4.84
$190.00$195.001:2Aug 21-$0.17$4.83
$195.00$200.001:2Aug 21-$0.65$4.35
$170.00$175.001:2Jul 31-$0.85$4.15
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$140.001:2Aug 21-$0.02$9.98
$155.00$150.001:2Jul 24-$0.01$4.99
$165.00$160.001:2Aug 7-$0.35$4.65
$160.00$155.001:2Aug 7-$0.40$4.60
$155.00$150.001:2Aug 21-$0.48$4.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 3.22%, avg 1.07%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$172.50Aug 21$5.500.461.1%3.22%4.32%18
$175.00Aug 21$4.400.402.6%2.58%5.14%38349
$172.50Aug 7$4.300.461.1%2.52%3.62%1--
$175.00Jul 31$2.900.382.6%1.70%4.26%1--
$180.00Aug 21$2.750.305.5%1.61%7.10%8--
$182.50Aug 21$2.150.257.0%1.26%8.22%3--
$177.50Jul 31$1.800.304.0%1.05%5.08%9--
$185.00Aug 14$1.750.228.4%1.03%9.45%2--
$185.00Aug 21$1.700.218.4%1.00%9.42%10435
$187.50Aug 21$1.300.189.9%0.76%10.65%1--

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 385
Total Puts 720
Put/Call Ratio 1.87
Net Difference -335

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 5,697
Total Puts 5,046
Average Put/Call Ratio 1.08
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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