Tour v456
ISRG
INTUITIVE SURGICAL I
$353.10 -2.40%
$352.50 (-0.17%)🌙
as of 07/29 06:46 PM
7/29 18:46

Option Volume

Detail
Current (07/29) 4,633
Calls: 2,671 (58%)
Puts: 1,962 (42%)
Prior (07/28) 9,719
Calls: 5,978 (62%)
Puts: 3,741 (38%)
Current vs Prior -52.33%
Calls: -55.32% (Calls)
Puts: -47.55% (Puts)
Prior 7-Day Total 100,121
Calls: 50,901 (51%)
Puts: 49,220 (49%)
Prior 7-Day Average 14,303
Calls: 7,271 (51%)
Puts: 7,031 (49%)
Current vs Prior 7-Day Avg -67.61%
Calls: -63.27%
Puts: -72.10%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/29) $5.68M
Calls: $2.25M (40%)
Puts: $3.43M (60%)
Prior (07/28) $9.80M
Calls: $5.47M (56%)
Puts: $4.34M (44%)
Current vs Prior -42.05%
Calls: -58.90%
Puts: -20.81%
Prior 7-Day Total $241.42M
Calls: $50.66M (21%)
Puts: $190.76M (79%)
Prior 7-Day Average $34.49M
Calls: $7.24M (21%)
Puts: $27.25M (79%)
Current vs Prior 7-Day Avg -83.53%
Calls: -68.96%
Puts: -87.40%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/29) 0.73
Prior (07/28) 0.63
Current vs Prior +17.38%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg -23.21%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/29) 44,480
Calls: 22,945 (52%)
Puts: 21,535 (48%)
Prior (07/28) 136,731
Calls: 79,251 (58%)
Puts: 57,480 (42%)
Current vs Prior -67.47%
Prior 7-Day Total 581,091
Calls: 325,275 (56%)
Puts: 255,816 (44%)
Prior 7-Day Average 83,013
Calls: 46,467 (56%)
Puts: 36,545 (44%)
Current vs Prior 7-Day Avg -46.42%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 3.61% | 4.91%7.48% | 11.00%
Prior 3.70% | 5.68%8.03% | 11.69%
Current vs Prior -2.51% | -13.49%-6.88% | -5.89%
Prior 7-Day Avg 3.67% | 5.55%8.54% | 12.22%
Current vs 7-Day Avg -1.71% | -11.54%-12.49% | -9.99%
Prior 7-Day Eod 3.70% | 5.68%8.03% | 11.69%
Current vs 7-Day Eod -2.51% | -13.49%-6.88% | -5.89%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Prior 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 58.92% | 30.49%
Calls: 84.44% | 29.38%
Puts: 33.40% | 31.59%
Current vs 7-Day Avg -74.73% | -53.78%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($3.43M). Below-average activity with volume down 52% vs prior. Declining open interest (down 67%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 2 of results (avg 8.5%, best 8.0%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2113.2014.30$13.758.0%100.51179
$360.00Aug 711.6012.70$12.159.1%40.6236

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. 35 found (avg delta 0.67, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$332.50Aug 2125.3030.80$28.0519.6%50.79--
$342.50Aug 2117.3021.80$19.5523.0%60.6422
$345.00Aug 1412.0020.00$16.0050.0%20.62--
$350.00Jul 313.1010.70$6.90110.1%40.61336
$345.00Sep 418.7026.00$22.3532.7%60.61--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Jul 3123.9030.20$27.0523.3%11.0018
$410.00Aug 753.3060.20$56.7512.2%20.96--
$370.00Jul 3115.1021.50$18.3035.0%20.92--
$385.00Aug 728.8036.30$32.5523.0%10.90--
$375.00Aug 719.6027.30$23.4532.8%10.8411

Most actively traded options today. High liquidity = easy entry/exit. 157 active (total vol 2.5K, top 224)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Jul 310.201.00$0.60133.3%2240.10569
$360.00Jul 311.706.00$3.85111.7%1950.36553
$367.50Jul 310.051.90$0.98188.8%1380.1534
$390.00Jul 310.050.15$0.10100.0%840.02229
$370.00Aug 72.503.10$2.8021.4%810.22--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 311.406.20$3.80126.3%1960.39251
$350.00Aug 76.807.70$7.2512.4%1280.4653
$340.00Aug 217.208.00$7.6010.5%590.34723
$360.00Aug 2114.5017.10$15.8016.5%410.57659
$315.00Aug 70.201.00$0.60133.3%300.06--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 55.4%, max 185.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$410.00Jul 31Aug 21108.7%39.6%174.4%21101
$385.00Jul 31Aug 2188.7%37.8%134.6%51343
$400.00Jul 31Sep 465.1%37.5%73.7%2413
$390.00Jul 31Aug 2163.3%39.9%58.8%86486
$360.00Jul 31Aug 2863.6%40.2%58.4%242606
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$327.50Jul 31Aug 2198.3%34.5%185.2%783
$325.00Jul 31Aug 2194.5%37.0%155.1%12354
$310.00Jul 31Aug 2199.7%41.4%140.6%677
$332.50Jul 31Aug 2159.1%31.2%89.6%2192
$315.00Jul 31Aug 2867.5%36.9%83.1%97

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 101 found (best R:R 32.33, avg 5.33)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$390.00$395.00Aug 14$0.15$4.85$0.1532.33$390.15
$380.00$385.00Aug 7$0.17$4.83$0.1728.41$380.17
$395.00$400.00Aug 21$0.17$4.83$0.1728.41$395.17
$405.00$410.00Aug 21$0.27$4.73$0.2717.52$405.27
$385.00$390.00Aug 21$0.28$4.72$0.2816.86$385.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$310.00Aug 21$0.15$4.85$0.1532.33$314.85
$305.00$285.00Sep 4$0.83$19.17$0.8323.10$304.17
$330.00$310.00Aug 14$0.90$19.10$0.9021.22$329.10
$300.00$295.00Aug 21$0.32$4.68$0.3214.63$299.68
$332.50$330.00Jul 31$0.17$2.33$0.1713.71$332.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 30.25, avg 1.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$360.00$362.50Jul 31$2.18$2.18$0.326.81$362.18
$332.50$342.50Aug 21$8.50$8.50$1.505.67$341.00
$360.00$362.50Aug 7$1.97$1.97$0.533.72$361.97
$387.50$390.00Jul 31$1.85$1.85$0.652.85$389.35
$345.00$350.00Aug 14$2.85$2.85$2.151.33$347.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$410.00$385.00Aug 7$24.20$24.20$0.8030.25$385.80
$380.00$375.00Aug 21$4.80$4.80$0.2024.00$375.20
$385.00$375.00Aug 7$9.10$9.10$0.9010.11$375.90
$380.00$370.00Jul 31$8.75$8.75$1.257.00$371.25
$362.50$360.00Aug 7$2.15$2.15$0.356.14$360.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 41 found (avg debit $2.32, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$410.00Jul 31Aug 7$0.05108.7%53.4%
$385.00Jul 31Aug 7$0.0688.7%43.9%
$395.00Aug 14Aug 21$0.1043.8%37.0%
$400.00Jul 31Aug 7$0.2765.1%44.0%
$405.00Aug 7Aug 21$0.7752.0%39.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$300.00Aug 7Aug 14$0.3358.4%48.6%
$315.00Jul 31Aug 7$0.5567.5%45.0%
$325.00Jul 31Aug 7$0.8794.5%49.2%
$370.00Jul 31Aug 7$1.2548.7%41.2%
$330.00Jul 31Aug 7$1.3258.9%39.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 3.03% of stock, avg 6.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$350.00Jul 31$6.90$3.80$10.70$339.30$360.703.03%
$355.00Jul 31$4.80$6.45$11.25$343.75$366.253.19%
$357.50Jul 31$4.47$7.95$12.42$345.08$369.923.52%
$360.00Jul 31$3.85$8.90$12.75$347.25$372.753.61%
$362.50Jul 31$1.67$11.55$13.22$349.28$375.723.74%
$365.00Jul 31$1.42$14.20$15.62$349.38$380.624.42%
$355.00Aug 7$7.10$9.35$16.45$338.55$371.454.66%
$352.50Aug 7$8.00$8.75$16.75$335.75$369.254.74%
$350.00Aug 7$10.60$7.25$17.85$332.15$367.855.06%
$360.00Aug 7$5.90$12.15$18.05$341.95$378.055.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.78% of stock, avg 3.68%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$365.00$342.50Jul 31$1.42$1.35$2.77$339.73$367.77
$362.50$342.50Jul 31$1.67$1.35$3.02$339.48$365.52
$365.00$345.00Jul 31$1.42$2.30$3.72$341.28$368.72
$362.50$345.00Jul 31$1.67$2.30$3.97$341.03$366.47
$375.00$300.00Aug 14$3.73$0.83$4.56$295.44$379.56
$360.00$342.50Jul 31$3.85$1.35$5.20$337.30$365.20
$365.00$350.00Jul 31$1.42$3.80$5.22$344.78$370.22
$362.50$350.00Jul 31$1.67$3.80$5.47$344.53$367.97
$365.00$347.50Jul 31$1.42$4.22$5.64$341.86$370.64
$365.00$335.00Aug 7$3.33$2.38$5.71$329.29$370.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 345 found (best R:R 27.57, avg credit $3.11)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
300/310332/342Aug 21$9.65$0.3527.57$300.35$342.15
328/330355/358Aug 21$2.40$0.1024.00$327.60$357.40
328/330332/342Aug 21$9.55$0.4521.22$320.45$342.05
325/328388/390Jul 31$2.37$0.1318.23$325.13$389.87
345/348365/368Jul 31$2.36$0.1416.86$345.14$367.36
330/332360/362Jul 31$2.35$0.1515.67$330.15$362.35
330/335375/380Sep 4$4.68$0.3214.62$330.32$379.68
350/355370/375Aug 28$4.65$0.3513.29$350.35$374.65
350/355360/370Aug 28$9.25$0.7512.33$345.75$369.25
345/348368/370Jul 31$2.30$0.2011.50$345.20$369.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$365.00$370.00$375.00Aug 14$0.05$4.9599.00
$360.00$365.00$370.00Aug 21$0.05$4.9599.00
$380.00$385.00$390.00Aug 14$0.08$4.9261.50
$365.00$367.50$370.00Jul 31$0.06$2.4440.67
$345.00$350.00$355.00Aug 14$0.25$4.7519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$330.00$335.00$340.00Aug 28$0.15$4.8532.33
$310.00$315.00$320.00Jul 31$0.28$4.7216.86
$352.50$355.00$357.50Jul 31$0.20$2.3011.50
$340.00$342.50$345.00Aug 7$0.23$2.279.87
$330.00$335.00$340.00Aug 7$0.52$4.488.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 95 found (best net $-0.14, 81 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$380.00$400.001:2Sep 4-$0.14$19.86
$380.00$400.001:2Aug 28-$1.98$18.02
$395.00$410.001:2Aug 14-$2.85$12.15
$360.00$370.001:2Aug 28-$1.15$8.85
$410.00$420.001:2Aug 14-$2.35$7.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$310.001:2Aug 14-$1.48$18.52
$305.00$285.001:2Sep 4-$1.57$18.43
$410.00$385.001:2Aug 7-$8.35$16.65
$315.00$300.001:2Aug 7-$0.40$14.60
$320.00$305.001:2Sep 4-$0.71$14.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 3.43%, avg 1.04%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$355.00Aug 21$12.100.480.5%3.43%3.96%37132
$360.00Aug 28$11.600.441.9%3.29%5.24%4753
$355.00Aug 28$11.500.480.5%3.26%3.79%315
$357.50Aug 21$10.600.461.2%3.00%4.25%148
$360.00Aug 21$9.700.431.9%2.75%4.70%70417
$365.00Aug 21$7.800.373.4%2.21%5.58%1304
$370.00Sep 4$6.800.384.8%1.93%6.71%11
$355.00Aug 14$6.700.470.5%1.90%2.44%221
$370.00Aug 21$5.700.324.8%1.61%6.40%12170
$360.00Aug 7$5.400.371.9%1.53%3.48%661

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 2,671
Total Puts 1,962
Put/Call Ratio 0.73
Net Difference 709

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 50,901
Total Puts 49,220
Average Put/Call Ratio 0.96
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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