Tour v381
ISRG
INTUITIVE SURGICAL I
$350.06 -0.88%
$351.40 (+0.38%)🌙
as of 07/21 06:41 PM
7/21 18:41

Option Volume

Detail
Current (07/21) 9,797
Calls: 5,822 (59%)
Puts: 3,975 (41%)
Prior (07/20) 24,112
Calls: 12,215 (51%)
Puts: 11,897 (49%)
Current vs Prior -59.37%
Calls: -52.34% (Calls)
Puts: -66.59% (Puts)
Prior 7-Day Total 146,650
Calls: 76,842 (52%)
Puts: 69,808 (48%)
Prior 7-Day Average 20,950
Calls: 10,977 (52%)
Puts: 9,972 (48%)
Current vs Prior 7-Day Avg -53.24%
Calls: -46.96%
Puts: -60.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $14.65M
Calls: $5.47M (37%)
Puts: $9.18M (63%)
Prior (07/20) $28.54M
Calls: $12.43M (44%)
Puts: $16.11M (56%)
Current vs Prior -48.67%
Calls: -56.00%
Puts: -43.01%
Prior 7-Day Total $200.42M
Calls: $79.11M (39%)
Puts: $121.32M (61%)
Prior 7-Day Average $28.63M
Calls: $11.30M (39%)
Puts: $17.33M (61%)
Current vs Prior 7-Day Avg -48.84%
Calls: -51.61%
Puts: -47.03%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21) 0.68
Prior (07/20) 0.97
Current vs Prior -29.90%
Prior 7-Day Average 0.91
Current vs Prior 7-Day Avg -25.25%
Sentiment BULLISH

Open Interest

Detail
Current (07/21) 65,441
Calls: 34,517 (53%)
Puts: 30,924 (47%)
Prior (07/20) 63,365
Calls: 34,849 (55%)
Puts: 28,516 (45%)
Current vs Prior +3.28%
Prior 7-Day Total 666,387
Calls: 376,999 (57%)
Puts: 289,388 (43%)
Prior 7-Day Average 95,198
Calls: 53,857 (57%)
Puts: 41,341 (43%)
Current vs Prior 7-Day Avg -31.26%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.71% | 5.58%9.04% | 12.00%
Prior 4.23% | 6.06%8.75% | 12.64%
Current vs Prior -12.27% | -7.83%+3.34% | -5.10%
Prior 7-Day Avg 7.09% | 8.21%7.27% | 12.13%
Current vs 7-Day Avg -47.60% | -31.98%+24.39% | -1.08%
Prior 7-Day Eod 4.23% | 6.06%8.75% | 12.64%
Current vs 7-Day Eod -12.27% | -7.83%+3.34% | -5.10%
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 30.88% | 20.56%
Calls: 40.25% | 19.82%
Puts: 21.51% | 21.29%
Current vs 7-Day Avg +151.34% | +84.52%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($9.18M). Below-average activity with volume down 59% vs prior. Bullish P/C ratio of 0.68. P/C ratio dropping 30% - 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 BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 34 of results (avg 8.0%, best 3.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2113.1013.80$13.455.2%230.4766
$352.50Aug 2114.3015.20$14.756.1%20.503
$357.50Aug 2111.9012.70$12.306.5%470.45--
$350.00Aug 2817.4018.80$18.107.7%10.5321
$355.00Aug 2815.1016.40$15.758.3%180.484
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Aug 2119.9020.60$20.253.5%900.57586
$370.00Aug 1424.4025.90$25.156.0%10.70--
$350.00Aug 2113.9014.80$14.356.3%240.48602
$365.00Jul 3118.0019.20$18.606.5%210.6836
$360.00Aug 2821.0022.50$21.756.9%50.564

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. 91 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 3149.3054.70$52.0010.4%10.97--
$320.00Jul 3128.4035.60$32.0022.5%100.9010
$305.00Aug 2847.4051.70$49.558.7%20.8736
$310.00Aug 2140.2048.00$44.1017.7%10.87--
$320.00Aug 2133.0040.00$36.5019.2%100.82--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$390.00Jul 2435.8043.90$39.8520.3%31.0086
$382.50Jul 2428.8034.00$31.4016.6%20.95--
$380.00Jul 2427.8033.50$30.6518.6%60.95148
$385.00Jul 2433.0038.70$35.8515.9%60.9464
$387.50Jul 2433.7040.20$36.9517.6%10.94--

Most actively traded options today. High liquidity = easy entry/exit. 271 active (total vol 6.0K, top 344)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$365.00Jul 241.351.60$1.4816.9%3310.18956
$360.00Jul 241.402.50$1.9556.4%2760.24513
$420.00Jul 240.000.05$0.03166.7%2090.00239
$350.00Jul 318.5010.10$9.3017.2%1890.5280
$370.00Jul 240.351.45$0.90122.2%1840.12197
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Aug 213.504.50$4.0025.0%3440.18195
$350.00Jul 245.306.00$5.6512.4%1180.49242
$325.00Jul 240.051.10$0.58181.0%1030.0795
$340.00Jul 241.902.65$2.2832.9%1010.24254
$315.00Jul 240.001.20$0.60200.0%930.06--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 58 strikes (avg 45.7%, max 161.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$405.00Jul 24Aug 2891.0%44.5%104.7%3145
$410.00Jul 24Aug 2883.4%42.8%94.8%979
$395.00Jul 24Aug 2873.7%38.6%91.0%1161
$420.00Jul 24Aug 2174.7%43.5%71.7%229495
$415.00Jul 24Aug 1470.3%44.7%57.5%2742
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$290.00Jul 24Aug 21113.6%43.5%161.1%9103
$300.00Jul 24Aug 2888.7%38.9%128.0%885
$305.00Jul 24Aug 2888.5%40.6%117.9%6414
$315.00Jul 24Aug 2876.6%37.3%105.4%973
$395.00Jul 24Aug 2873.7%38.6%91.0%423

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 164 found (best R:R 49.00, avg 4.48)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$400.00$405.00Aug 28$0.12$4.88$0.1240.67$400.12
$387.50$390.00Jul 24$0.10$2.40$0.1024.00$387.60
$370.00$372.50Jul 24$0.12$2.38$0.1219.83$370.12
$405.00$410.00Jul 24$0.27$4.73$0.2717.52$405.27
$395.00$400.00Jul 24$0.28$4.72$0.2816.86$395.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$300.00Jul 31$0.30$14.70$0.3049.00$314.70
$305.00$300.00Jul 24$0.18$4.82$0.1826.78$304.82
$325.00$320.00Aug 7$0.18$4.82$0.1826.78$324.82
$295.00$290.00Aug 21$0.28$4.72$0.2816.86$294.72
$325.00$320.00Jul 24$0.30$4.70$0.3015.67$324.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 201 found (best R:R 49.00, avg 1.92)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$365.00$367.50Jul 31$2.37$2.37$0.1318.23$367.37
$350.00$352.50Aug 7$2.30$2.30$0.2011.50$352.30
$320.00$330.00Aug 21$9.15$9.15$0.8510.76$329.15
$320.00$340.00Jul 31$16.90$16.90$3.105.45$336.90
$305.00$320.00Aug 28$11.80$11.80$3.203.69$316.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$395.00$390.00Jul 24$4.90$4.90$0.1049.00$390.10
$377.50$375.00Jul 24$2.40$2.40$0.1024.00$375.10
$395.00$390.00Jul 31$4.75$4.75$0.2519.00$390.25
$362.50$360.00Jul 31$2.30$2.30$0.2011.50$360.20
$410.00$390.00Aug 21$18.25$18.25$1.7510.43$391.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 56 found (avg debit $2.06, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Jul 24Jul 31$0.3074.7%56.0%
$400.00Jul 24Jul 31$0.4861.1%47.3%
$395.00Jul 24Jul 31$0.5273.7%48.4%
$390.00Jul 24Jul 31$0.7059.2%44.5%
$412.50Jul 24Jul 31$1.15100.2%70.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$315.00Jul 24Jul 31$0.0576.6%42.3%
$300.00Jul 24Jul 31$0.1088.7%51.0%
$390.00Jul 24Jul 31$0.1559.2%44.5%
$380.00Jul 24Jul 31$0.3551.4%49.4%
$420.00Aug 7Aug 21$0.4051.9%43.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 86 found (cheapest 3.30% of stock, avg 9.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$350.00Jul 24$5.90$5.65$11.55$338.45$361.553.30%
$352.50Jul 24$4.65$7.10$11.75$340.75$364.253.36%
$347.50Jul 24$7.40$4.50$11.90$335.60$359.403.40%
$355.00Jul 24$3.70$8.50$12.20$342.80$367.203.49%
$345.00Jul 24$9.00$3.55$12.55$332.45$357.553.59%
$357.50Jul 24$2.93$10.40$13.33$344.17$370.833.81%
$340.00Jul 24$11.85$2.28$14.13$325.87$354.134.04%
$360.00Jul 24$1.95$12.20$14.15$345.85$374.154.04%
$362.50Jul 24$1.78$14.35$16.13$346.37$378.634.61%
$365.00Jul 24$1.48$15.60$17.08$347.92$382.084.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.16% of stock, avg 4.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$362.50$340.00Jul 24$1.78$2.28$4.06$335.94$366.56
$360.00$340.00Jul 24$1.95$2.28$4.23$335.77$364.23
$362.50$342.50Jul 24$1.78$2.80$4.58$337.92$367.08
$360.00$342.50Jul 24$1.95$2.80$4.75$337.75$364.75
$357.50$340.00Jul 24$2.93$2.28$5.21$334.79$362.71
$362.50$345.00Jul 24$1.78$3.55$5.33$339.67$367.83
$360.00$345.00Jul 24$1.95$3.55$5.50$339.50$365.50
$357.50$342.50Jul 24$2.93$2.80$5.73$336.77$363.23
$355.00$340.00Jul 24$3.70$2.28$5.98$334.02$360.98
$362.50$347.50Jul 24$1.78$4.50$6.28$341.22$368.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 421 found (best R:R 32.33, avg credit $2.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
350/355360/365Aug 28$4.85$0.1532.33$350.15$364.85
310/315320/330Aug 21$9.68$0.3230.25$305.32$329.68
310/315350/355Aug 14$4.83$0.1728.41$310.17$354.83
285/290320/330Aug 21$9.62$0.3825.32$280.38$329.62
295/300320/330Aug 21$9.50$0.5019.00$290.50$329.50
340/345355/360Aug 28$4.75$0.2519.00$340.25$359.75
290/295320/330Aug 21$9.43$0.5716.54$285.57$329.43
342/345348/350Jul 31$2.35$0.1515.67$342.65$349.85
348/350352/355Jul 31$2.35$0.1515.67$347.65$354.85
335/338350/352Aug 21$2.35$0.1515.67$335.15$352.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$345.00$350.00$355.00Aug 28$0.10$4.9049.00
$362.50$365.00$367.50Jul 24$0.09$2.4126.78
$345.00$347.50$350.00Jul 24$0.10$2.4024.00
$380.00$385.00$390.00Aug 21$0.20$4.8024.00
$370.00$375.00$380.00Aug 14$0.25$4.7519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$290.00$295.00$300.00Aug 21$0.07$4.9370.43
$320.00$325.00$330.00Aug 14$0.08$4.9261.50
$350.00$355.00$360.00Aug 28$0.10$4.9049.00
$310.00$315.00$320.00Aug 21$0.14$4.8634.71
$360.00$365.00$370.00Aug 14$0.15$4.8532.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 117 found (best net $-0.20, 101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$412.501:2Jul 31-$2.67$9.83
$410.00$420.001:2Aug 21-$1.92$8.08
$300.00$320.001:2Jul 31-$12.00$8.00
$360.00$370.001:2Aug 14-$2.70$7.30
$400.00$410.001:2Aug 7-$3.80$6.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$385.001:2Aug 7-$0.20$34.80
$395.00$370.001:2Aug 28-$8.05$16.95
$315.00$300.001:2Jul 31-$0.05$14.95
$300.00$290.001:2Jul 24-$0.55$9.45
$320.00$310.001:2Aug 7-$0.83$9.17

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 4.31%, avg 1.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$355.00Aug 28$15.100.481.4%4.31%5.72%184
$352.50Aug 21$14.300.500.7%4.09%4.78%23
$355.00Aug 21$13.100.471.4%3.74%5.15%2366
$360.00Aug 28$13.000.442.8%3.71%6.55%5917
$357.50Aug 21$11.900.452.1%3.40%5.52%47--
$365.00Aug 28$11.000.404.3%3.14%7.41%1012
$360.00Aug 21$10.700.432.8%3.06%5.90%154242
$355.00Aug 14$10.600.461.4%3.03%4.44%257
$362.50Aug 21$8.900.393.5%2.54%6.10%8100
$355.00Aug 7$8.700.451.4%2.49%3.90%8412

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 5,822
Total Puts 3,975
Put/Call Ratio 0.68
Net Difference 1,847

Prior's Put/Call Breakdown

Total Calls 12,215
Total Puts 11,897
Put/Call Ratio 0.97
Net Difference 318

Prior 7-Day Put/Call Summary

Total Calls 76,842
Total Puts 69,808
Average Put/Call Ratio 0.91
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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