Tour v452
ISRG
INTUITIVE SURGICAL I
$361.80 +1.39%
$362.93 (+0.31%)🌙
as of 07/28 06:03 PM
7/28 18:03

Option Volume

Detail
Current (07/28) 9,719
Calls: 5,978 (62%)
Puts: 3,741 (38%)
Prior (07/27) 13,668
Calls: 7,816 (57%)
Puts: 5,852 (43%)
Current vs Prior -28.89%
Calls: -23.52% (Calls)
Puts: -36.07% (Puts)
Prior 7-Day Total 133,742
Calls: 68,385 (51%)
Puts: 65,357 (49%)
Prior 7-Day Average 19,106
Calls: 9,769 (51%)
Puts: 9,336 (49%)
Current vs Prior 7-Day Avg -49.13%
Calls: -38.81%
Puts: -59.93%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $9.80M
Calls: $5.47M (56%)
Puts: $4.34M (44%)
Prior (07/27) $20.84M
Calls: $12.05M (58%)
Puts: $8.79M (42%)
Current vs Prior -52.96%
Calls: -54.63%
Puts: -50.66%
Prior 7-Day Total $299.91M
Calls: $67.02M (22%)
Puts: $232.89M (78%)
Prior 7-Day Average $42.84M
Calls: $9.57M (22%)
Puts: $33.27M (78%)
Current vs Prior 7-Day Avg -77.12%
Calls: -42.90%
Puts: -86.97%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.63
Prior (07/27) 0.75
Current vs Prior -16.42%
Prior 7-Day Average 0.99
Current vs Prior 7-Day Avg -36.68%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 136,731
Calls: 79,251 (58%)
Puts: 57,480 (42%)
Prior (07/27) 131,897
Calls: 76,094 (58%)
Puts: 55,803 (42%)
Current vs Prior +3.66%
Prior 7-Day Total 551,701
Calls: 303,878 (55%)
Puts: 247,823 (45%)
Prior 7-Day Average 78,814
Calls: 43,411 (55%)
Puts: 35,403 (45%)
Current vs Prior 7-Day Avg +73.48%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 3.70% | 5.68%8.03% | 11.69%
Prior 4.11% | 5.45%8.23% | 12.13%
Current vs Prior -9.79% | +4.20%-2.38% | -3.65%
Prior 7-Day Avg 3.82% | 5.60%7.61% | 11.93%
Current vs 7-Day Avg -2.96% | +1.41%+5.58% | -2.00%
Prior 7-Day Eod 4.11% | 5.45%8.23% | 12.13%
Current vs 7-Day Eod -9.79% | +4.20%-2.38% | -3.65%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Prior 9.49% | 9.66%
Calls: 6.90% | 9.43%
Puts: 12.08% | 9.90%
Current vs Prior +56.90% | +45.86%
Prior 7-Day Avg 67.88% | 33.89%
Calls: 98.39% | 32.83%
Puts: 37.37% | 34.95%
Current vs 7-Day Avg -78.06% | -58.43%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 53% vs prior. Bullish P/C ratio of 0.63.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 7 of results (avg 8.3%, best 6.2%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2160.2065.70$62.958.7%--0.9522
$305.00Aug 2155.5060.90$58.209.3%--0.9411
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Aug 2120.4021.70$21.056.2%240.62212
$370.00Aug 2117.3018.70$18.007.8%60.56315
$350.00Aug 217.908.60$8.258.5%430.34632
$370.00Aug 713.4014.60$14.008.6%10.6238
$362.50Aug 79.1010.00$9.559.4%70.502

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. 113 found (avg delta 0.75, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Jul 3124.0031.00$27.5025.5%110.9615
$300.00Aug 2160.2065.70$62.958.7%--0.9522
$330.00Jul 3128.8035.70$32.2521.4%10.9540
$340.00Jul 3118.8026.30$22.5533.3%80.9478
$320.00Aug 740.2046.50$43.3514.5%--0.9411
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$405.00Jul 3139.6047.30$43.4517.7%--0.9621
$415.00Aug 749.6057.30$53.4514.4%--0.9310
$415.00Aug 2151.7057.20$54.4510.1%10.9253
$430.00Aug 2865.1072.70$68.9011.0%--0.9181
$420.00Aug 2156.0063.00$59.5011.8%--0.9016

Most actively traded options today. High liquidity = easy entry/exit. 245 active (total vol 5.0K, top 304)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Jul 315.109.10$7.1056.3%3040.55642
$380.00Aug 70.454.50$2.48163.3%2860.21296
$400.00Jul 310.000.40$0.20200.0%2070.03256
$390.00Jul 310.050.60$0.33166.7%1900.0588
$400.00Aug 212.753.40$3.0821.1%1870.17428
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Jul 314.505.00$4.7510.5%840.45250
$350.00Jul 311.102.00$1.5558.1%820.20240
$365.00Jul 315.1010.50$7.8069.2%770.5857
$335.00Aug 211.754.70$3.2391.3%650.18367
$340.00Aug 70.002.55$1.27200.8%470.1254

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 69 strikes (avg 51.5%, max 249.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$430.00Jul 31Aug 28102.3%42.4%141.4%12230
$425.00Jul 31Aug 28102.3%43.7%134.0%6274
$320.00Jul 31Aug 2191.1%39.2%132.5%--44
$410.00Jul 31Sep 482.3%39.3%109.2%598
$420.00Jul 31Sep 477.9%38.6%101.8%10178
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$300.00Jul 31Sep 4160.2%45.9%249.3%5215
$322.50Jul 31Aug 21111.5%39.8%180.4%116
$325.00Jul 31Aug 2897.2%40.4%140.7%1063
$320.00Jul 31Sep 491.1%39.4%131.2%21323
$315.00Jul 31Aug 2891.2%40.6%124.8%564

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 173 found (best R:R 32.33, avg 5.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$425.00$430.00Jul 31$0.15$4.85$0.1532.33$425.15
$400.00$405.00Aug 14$0.15$4.85$0.1532.33$400.15
$405.00$410.00Aug 28$0.15$4.85$0.1532.33$405.15
$415.00$420.00Aug 28$0.15$4.85$0.1532.33$415.15
$387.50$390.00Jul 31$0.12$2.38$0.1219.83$387.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$305.00Aug 7$0.15$4.85$0.1532.33$309.85
$300.00$295.00Aug 21$0.18$4.82$0.1826.78$299.82
$330.00$327.50Jul 31$0.10$2.40$0.1024.00$329.90
$360.00$357.50Aug 21$0.10$2.40$0.1024.00$359.90
$330.00$325.00Aug 28$0.20$4.80$0.2024.00$329.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 236 found (best R:R 82.33, avg 3.17)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$330.00$335.00Aug 14$4.90$4.90$0.1049.00$334.90
$310.00$320.00Aug 7$9.75$9.75$0.2539.00$319.75
$340.00$345.00Aug 7$4.85$4.85$0.1532.33$344.85
$315.00$320.00Aug 21$4.80$4.80$0.2024.00$319.80
$330.00$335.00Jul 31$4.75$4.75$0.2519.00$334.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$415.00$390.00Aug 7$24.70$24.70$0.3082.33$390.30
$405.00$385.00Jul 31$19.65$19.65$0.3556.14$385.35
$405.00$400.00Aug 21$4.85$4.85$0.1532.33$400.15
$382.50$380.00Aug 7$2.35$2.35$0.1515.67$380.15
$367.50$365.00Aug 7$2.30$2.30$0.2011.50$365.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 66 found (avg debit $2.19, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$405.00Jul 31Aug 7$0.3569.0%43.2%
$410.00Jul 31Aug 7$0.4082.3%50.2%
$310.00Aug 7Aug 21$0.4056.8%42.6%
$395.00Jul 31Aug 7$0.7268.9%44.1%
$320.00Jul 31Aug 7$0.7591.1%44.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$310.00Jul 31Aug 7$0.2097.0%56.8%
$330.00Jul 31Aug 7$0.3863.3%39.7%
$342.50Jul 31Aug 7$0.4553.8%32.9%
$420.00Aug 21Sep 4$0.6541.2%38.6%
$347.50Jul 31Aug 7$0.7054.4%33.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 3.21% of stock, avg 9.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$362.50Jul 31$5.30$6.30$11.60$350.90$374.103.21%
$360.00Jul 31$7.10$4.75$11.85$348.15$371.853.28%
$357.50Jul 31$7.90$4.25$12.15$345.35$369.653.36%
$365.00Jul 31$4.43$7.80$12.23$352.77$377.233.38%
$367.50Jul 31$3.78$8.50$12.28$355.22$379.783.39%
$352.50Jul 31$11.35$2.38$13.73$338.77$366.233.79%
$355.00Jul 31$9.95$3.85$13.80$341.20$368.803.81%
$370.00Jul 31$3.05$11.15$14.20$355.80$384.203.92%
$372.50Jul 31$2.23$12.25$14.48$358.02$386.984.00%
$350.00Jul 31$13.35$1.55$14.90$335.10$364.904.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.18% of stock, avg 4.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$372.50$347.50Jul 31$2.23$2.05$4.28$343.22$376.78
$372.50$352.50Jul 31$2.23$2.38$4.61$347.89$377.11
$370.00$347.50Jul 31$3.05$2.05$5.10$342.40$375.10
$370.00$352.50Jul 31$3.05$2.38$5.43$347.07$375.43
$367.50$347.50Jul 31$3.78$2.05$5.83$341.67$373.33
$372.50$355.00Jul 31$2.23$3.85$6.08$348.92$378.58
$367.50$352.50Jul 31$3.78$2.38$6.16$346.34$373.66
$365.00$347.50Jul 31$4.43$2.05$6.48$341.02$371.48
$372.50$357.50Jul 31$2.23$4.25$6.48$351.02$378.98
$365.00$352.50Jul 31$4.43$2.38$6.81$345.69$371.81

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 234 found (best R:R 44.45, avg credit $3.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
320/322330/340Aug 7$9.78$0.2244.45$312.72$339.78
295/300305/310Aug 21$4.88$0.1240.67$295.12$309.88
310/315330/340Aug 7$9.73$0.2736.04$305.27$339.73
290/295320/325Aug 21$4.85$0.1532.33$290.15$324.85
300/305320/325Aug 21$4.82$0.1826.78$300.18$324.82
320/325335/340Aug 28$4.82$0.1826.78$320.18$339.82
340/342345/348Jul 31$2.40$0.1024.00$340.10$347.40
290/295310/315Aug 21$4.80$0.2024.00$290.20$314.80
305/310345/350Aug 28$4.80$0.2024.00$305.20$349.80
315/320335/340Aug 28$4.78$0.2221.73$315.22$339.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$355.00$357.50$360.00Aug 14$0.05$2.4549.00
$395.00$400.00$405.00Aug 7$0.15$4.8532.33
$385.00$390.00$395.00Aug 21$0.15$4.8532.33
$410.00$415.00$420.00Aug 28$0.17$4.8328.41
$420.00$425.00$430.00Aug 7$0.20$4.8024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$360.00$365.00$370.00Aug 28$0.05$4.9599.00
$365.00$370.00$375.00Aug 21$0.10$4.9049.00
$385.00$390.00$395.00Aug 21$0.10$4.9049.00
$345.00$347.50$350.00Aug 7$0.06$2.4440.67
$355.00$357.50$360.00Jul 31$0.10$2.4024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 133 found (best net $-1.95, 114 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$420.001:2Sep 4-$1.26$8.74
$410.00$420.001:2Aug 7-$3.60$6.40
$420.00$430.001:2Aug 14-$4.00$6.00
$350.00$365.001:2Sep 4-$9.05$5.95
$380.00$390.001:2Sep 4-$4.75$5.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$370.001:2Sep 4-$1.95$28.05
$415.00$390.001:2Aug 7-$4.05$20.95
$405.00$385.001:2Jul 31-$4.15$15.85
$310.00$300.001:2Aug 14-$0.57$9.43
$370.00$355.001:2Sep 4-$5.65$9.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 3.90%, avg 1.26%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$365.00Sep 4$14.100.490.9%3.90%4.78%21
$365.00Aug 28$12.700.490.9%3.51%4.39%522
$370.00Sep 4$12.200.452.3%3.37%5.64%1--
$365.00Aug 21$11.400.490.9%3.15%4.04%164267
$362.50Aug 21$11.300.510.2%3.12%3.32%7119
$370.00Aug 28$10.800.452.3%2.99%5.25%318
$365.00Aug 14$10.600.470.9%2.93%3.81%204
$372.50Aug 21$9.500.413.0%2.63%5.58%172
$370.00Aug 21$9.300.442.3%2.57%4.84%46142
$375.00Sep 4$9.200.413.6%2.54%6.19%7--

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 5,978
Total Puts 3,741
Put/Call Ratio 0.63
Net Difference 2,237

Prior's Put/Call Breakdown

Total Calls 7,816
Total Puts 5,852
Put/Call Ratio 0.75
Net Difference 1,964

Prior 7-Day Put/Call Summary

Total Calls 68,385
Total Puts 65,357
Average Put/Call Ratio 0.99
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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