Tour v366
ISRG
INTUITIVE SURGICAL I
$353.17 +2.24%
$353.67 (+0.14%)🌙
as of 07/20 06:41 PM
7/20 18:41

Option Volume

Detail
Current (07/20) 24,112
Calls: 12,215 (51%)
Puts: 11,897 (49%)
Prior (07/17) 43,340
Calls: 23,462 (54%)
Puts: 19,878 (46%)
Current vs Prior -44.37%
Calls: -47.94% (Calls)
Puts: -40.15% (Puts)
Prior 7-Day Total 127,185
Calls: 67,225 (53%)
Puts: 59,960 (47%)
Prior 7-Day Average 18,169
Calls: 9,603 (53%)
Puts: 8,565 (47%)
Current vs Prior 7-Day Avg +32.71%
Calls: +27.19%
Puts: +38.89%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $28.54M
Calls: $12.43M (44%)
Puts: $16.11M (56%)
Prior (07/17) $68.29M
Calls: $21.83M (32%)
Puts: $46.47M (68%)
Current vs Prior -58.21%
Calls: -43.04%
Puts: -65.33%
Prior 7-Day Total $177.71M
Calls: $70.01M (39%)
Puts: $107.70M (61%)
Prior 7-Day Average $25.39M
Calls: $10.00M (39%)
Puts: $15.39M (61%)
Current vs Prior 7-Day Avg +12.42%
Calls: +24.28%
Puts: +4.70%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/20) 0.97
Prior (07/17) 0.85
Current vs Prior +14.96%
Prior 7-Day Average 0.89
Current vs Prior 7-Day Avg +9.82%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 63,365
Calls: 34,849 (55%)
Puts: 28,516 (45%)
Prior (07/17) 107,341
Calls: 57,854 (54%)
Puts: 49,487 (46%)
Current vs Prior -40.97%
Prior 7-Day Total 652,619
Calls: 373,868 (57%)
Puts: 278,751 (43%)
Prior 7-Day Average 93,231
Calls: 53,409 (57%)
Puts: 39,821 (43%)
Current vs Prior 7-Day Avg -32.03%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 4.23% | 6.06%8.75% | 12.64%
Prior 4.70% | 6.01%1.46% | 9.64%
Current vs Prior -10.02% | +0.87%+498.45% | +31.14%
Prior 7-Day Avg 6.79% | 8.55%7.22% | 12.18%
Current vs 7-Day Avg -37.68% | -29.11%+21.15% | +3.78%
Prior 7-Day Eod 4.70% | 6.01%1.46% | 9.64%
Current vs 7-Day Eod -10.02% | +0.87%+498.45% | +31.14%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 77.61% | 37.93%
Calls: 113.64% | 36.73%
Puts: 41.58% | 39.13%
Prior 77.61% | 37.93%
Calls: 113.64% | 36.73%
Puts: 41.58% | 39.13%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 21.67% | 17.23%
Calls: 25.58% | 16.60%
Puts: 17.75% | 17.86%
Current vs 7-Day Avg +258.22% | +120.12%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 58% vs prior. Below-average activity with volume down 44% vs prior. Declining open interest (down 41%) indicates positions being closed.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 31 of results (avg 8.2%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Aug 2117.8018.70$18.254.9%2690.55237
$345.00Aug 2120.3021.40$20.855.3%80.608
$355.00Aug 2115.2016.30$15.757.0%1070.5042
$365.00Aug 2110.9011.70$11.307.1%200.41244
$335.00Aug 2126.1028.10$27.107.4%10.70--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Jul 3119.6020.90$20.256.4%950.7367
$365.00Jul 2413.9014.90$14.406.9%120.74100
$350.00Jul 318.008.60$8.307.2%860.43139
$380.00Aug 2130.8033.20$32.007.5%110.72225
$375.00Aug 1426.0028.10$27.057.8%20.70--

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. 109 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Jul 2441.3046.90$44.1012.7%30.995
$300.00Jul 3150.8055.90$53.359.6%40.97--
$320.00Jul 2430.4037.70$34.0521.4%10.962
$320.00Jul 3132.9036.80$34.8511.2%30.92--
$310.00Aug 1442.5048.90$45.7014.0%150.91--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Jul 2444.2049.50$46.8511.3%121.0087
$410.00Jul 2453.8060.30$57.0511.4%11.00--
$420.00Jul 2463.8070.20$67.009.6%91.0010
$420.00Jul 3162.9070.50$66.7011.4%11.00--
$400.00Jul 3145.0050.30$47.6511.1%30.96104

Most actively traded options today. High liquidity = easy entry/exit. 272 active (total vol 11.5K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$365.00Jul 242.453.10$2.7823.4%1.0K0.2788
$345.00Jul 2411.3012.80$12.0512.4%9290.6912
$347.50Jul 249.8010.90$10.3510.6%8580.6428
$370.00Jul 313.804.50$4.1516.9%6100.2820
$360.00Jul 243.904.40$4.1512.0%5610.36186
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Jul 241.752.40$2.0831.2%2180.21216
$320.00Jul 240.150.45$0.30100.0%1650.04295
$360.00Jul 3113.0014.20$13.608.8%1480.5866
$325.00Aug 214.405.40$4.9020.4%1460.21122
$350.00Jul 244.805.80$5.3018.9%1290.41188

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 65 strikes (avg 31.4%, max 114.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$405.00Jul 24Aug 2172.9%40.1%81.6%2--
$395.00Jul 24Aug 2863.4%39.9%59.0%2--
$420.00Jul 24Aug 2866.3%43.4%52.6%510
$342.50Jul 24Aug 2147.6%32.4%46.9%42
$410.00Jul 24Aug 2853.9%37.6%43.2%780
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$305.00Jul 24Aug 2879.5%37.0%114.9%14--
$300.00Jul 24Aug 2172.3%41.8%73.2%43252
$395.00Jul 24Aug 2163.4%38.0%66.9%7--
$420.00Jul 24Aug 2166.3%42.1%57.4%1110
$335.00Jul 24Aug 2848.4%33.5%44.6%87132

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 163 found (best R:R 49.00, avg 4.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$415.00$420.00Aug 21$0.10$4.90$0.1049.00$415.10
$400.00$405.00Aug 21$0.15$4.85$0.1532.33$400.15
$415.00$420.00Jul 31$0.22$4.78$0.2221.73$415.22
$395.00$410.00Aug 7$0.93$14.07$0.9315.13$395.93
$395.00$400.00Jul 31$0.35$4.65$0.3513.29$395.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$310.00Jul 24$0.22$9.78$0.2244.45$319.78
$315.00$310.00Aug 28$0.13$4.87$0.1337.46$314.87
$310.00$305.00Aug 21$0.18$4.82$0.1826.78$309.82
$325.00$320.00Jul 24$0.20$4.80$0.2024.00$324.80
$310.00$300.00Aug 14$0.43$9.57$0.4322.26$309.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 213 found (best R:R 49.00, avg 2.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$305.00$320.00Aug 21$14.10$14.10$0.9015.67$319.10
$325.00$330.00Aug 21$4.65$4.65$0.3513.29$329.65
$320.00$332.50Jul 24$11.60$11.60$0.9012.89$331.60
$300.00$320.00Jul 31$18.50$18.50$1.5012.33$318.50
$335.00$340.00Jul 31$4.25$4.25$0.755.67$339.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$395.00$390.00Jul 24$4.90$4.90$0.1049.00$390.10
$420.00$410.00Jul 31$9.75$9.75$0.2539.00$410.25
$375.00$370.00Aug 21$4.85$4.85$0.1532.33$370.15
$390.00$385.00Aug 21$4.85$4.85$0.1532.33$385.15
$415.00$405.00Aug 21$9.45$9.45$0.5517.18$405.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 62 found (avg debit $2.03, cheapest $0.28)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Jul 24Jul 31$0.2866.3%50.8%
$395.00Jul 24Jul 31$0.3363.4%42.2%
$400.00Jul 24Jul 31$0.3849.6%40.6%
$410.00Jul 24Aug 7$0.5253.9%38.7%
$392.50Jul 24Jul 31$0.7766.9%47.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$380.00Jul 24Jul 31$0.4547.9%38.3%
$390.00Jul 24Aug 7$0.4550.6%41.6%
$320.00Jul 24Jul 31$0.6854.4%42.4%
$400.00Jul 24Jul 31$0.8049.6%40.6%
$377.50Jul 24Jul 31$0.8549.6%45.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 101 found (cheapest 3.89% of stock, avg 9.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$352.50Jul 24$7.35$6.40$13.75$338.75$366.253.89%
$355.00Jul 24$6.15$7.60$13.75$341.25$368.753.89%
$350.00Jul 24$8.75$5.30$14.05$335.95$364.053.98%
$357.50Jul 24$5.15$9.05$14.20$343.30$371.704.02%
$347.50Jul 24$10.35$4.25$14.60$332.90$362.104.13%
$360.00Jul 24$4.15$10.70$14.85$345.15$374.854.20%
$345.00Jul 24$12.05$3.55$15.60$329.40$360.604.42%
$362.50Jul 24$3.35$12.65$16.00$346.50$378.504.53%
$342.50Jul 24$13.40$2.75$16.15$326.35$358.654.57%
$365.00Jul 24$2.78$14.40$17.18$347.82$382.184.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.57% of stock, avg 4.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$365.00$342.50Jul 24$2.78$2.75$5.53$336.97$370.53
$362.50$342.50Jul 24$3.35$2.75$6.10$336.40$368.60
$365.00$345.00Jul 24$2.78$3.55$6.33$338.67$371.33
$360.00$342.50Jul 24$4.15$2.75$6.90$335.60$366.90
$362.50$345.00Jul 24$3.35$3.55$6.90$338.10$369.40
$365.00$347.50Jul 24$2.78$4.25$7.03$340.47$372.03
$362.50$347.50Jul 24$3.35$4.25$7.60$339.90$370.10
$360.00$345.00Jul 24$4.15$3.55$7.70$337.30$367.70
$357.50$342.50Jul 24$5.15$2.75$7.90$334.60$365.40
$365.00$350.00Jul 24$2.78$5.30$8.08$341.92$373.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 373 found (best R:R 45.88, avg credit $3.18)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
290/295305/320Aug 21$14.68$0.3245.88$280.32$319.68
365/370375/380Aug 14$4.85$0.1532.33$365.15$379.85
295/300305/320Aug 21$14.52$0.4830.25$285.48$319.52
305/310325/330Aug 21$4.83$0.1728.41$305.17$329.83
342/345348/350Jul 24$2.40$0.1024.00$342.60$349.90
360/365370/375Aug 14$4.80$0.2024.00$360.20$374.80
322/325350/352Jul 31$2.38$0.1219.83$322.62$352.38
300/305320/332Jul 24$11.87$0.6318.84$293.13$331.87
340/342345/348Jul 24$2.37$0.1318.23$340.13$347.37
310/315385/390Aug 14$4.72$0.2816.86$310.28$389.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 106 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$350.00$355.00$360.00Aug 14$0.05$4.9599.00
$332.50$335.00$337.50Jul 24$0.05$2.4549.00
$380.00$385.00$390.00Aug 7$0.10$4.9049.00
$370.00$372.50$375.00Jul 24$0.07$2.4334.71
$375.00$380.00$385.00Aug 21$0.15$4.8532.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$295.00$300.00$305.00Aug 21$0.08$4.9261.50
$347.50$350.00$352.50Jul 24$0.05$2.4549.00
$360.00$365.00$370.00Aug 7$0.10$4.9049.00
$365.00$370.00$375.00Aug 14$0.10$4.9049.00
$347.50$350.00$352.50Aug 21$0.05$2.4549.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 99 found (best net $-5.45, 89 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$415.001:2Jul 31-$0.67$14.33
$410.00$420.001:2Jul 24-$0.07$9.93
$400.00$410.001:2Aug 28-$1.30$8.70
$410.00$420.001:2Aug 28-$3.31$6.69
$395.00$400.001:2Jul 31-$0.08$4.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$375.001:2Aug 14-$5.45$19.55
$315.00$300.001:2Aug 7-$0.11$14.89
$310.00$300.001:2Aug 14-$0.92$9.08
$340.00$330.001:2Aug 14-$1.60$8.40
$330.00$320.001:2Aug 14-$1.74$8.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 4.39%, avg 1.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$355.00Aug 28$15.500.510.5%4.39%4.91%3--
$355.00Aug 21$15.200.500.5%4.30%4.82%10742
$355.00Aug 14$13.400.510.5%3.79%4.31%72
$360.00Aug 28$13.200.471.9%3.74%5.67%315
$360.00Aug 21$12.700.451.9%3.60%5.53%23370
$360.00Aug 14$11.100.461.9%3.14%5.08%2--
$355.00Aug 7$10.900.500.5%3.09%3.60%512
$362.50Aug 21$10.900.432.6%3.09%5.73%101--
$365.00Aug 21$10.900.413.4%3.09%6.44%20244
$370.00Aug 28$9.300.384.8%2.63%7.40%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 12,215
Total Puts 11,897
Put/Call Ratio 0.97
Net Difference 318

Prior's Put/Call Breakdown

Total Calls 23,462
Total Puts 19,878
Put/Call Ratio 0.85
Net Difference 3,584

Prior 7-Day Put/Call Summary

Total Calls 67,225
Total Puts 59,960
Average Put/Call Ratio 0.89
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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