Tour v477
ISRG
INTUITIVE SURGICAL I
$353.33 +0.10%
$353.60 (+0.08%)🌙
as of 07/31 06:45 PM
7/31 18:45

Option Volume

Detail
Current (07/31) 6,579
Calls: 4,065 (62%)
Puts: 2,514 (38%)
Prior (07/30) 6,788
Calls: 3,338 (49%)
Puts: 3,450 (51%)
Current vs Prior -3.08%
Calls: +21.78% (Calls)
Puts: -27.13% (Puts)
Prior 7-Day Total 77,633
Calls: 38,873 (50%)
Puts: 38,760 (50%)
Prior 7-Day Average 11,090
Calls: 5,553 (50%)
Puts: 5,537 (50%)
Current vs Prior 7-Day Avg -40.68%
Calls: -26.80%
Puts: -54.60%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $14.26M
Calls: $3.05M (21%)
Puts: $11.21M (79%)
Prior (07/30) $21.35M
Calls: $2.99M (14%)
Puts: $18.36M (86%)
Current vs Prior -33.19%
Calls: +2.11%
Puts: -38.94%
Prior 7-Day Total $225.26M
Calls: $38.00M (17%)
Puts: $187.26M (83%)
Prior 7-Day Average $32.18M
Calls: $5.43M (17%)
Puts: $26.75M (83%)
Current vs Prior 7-Day Avg -55.68%
Calls: -43.75%
Puts: -58.10%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31) 0.62
Prior (07/30) 1.03
Current vs Prior -40.16%
Prior 7-Day Average 0.97
Current vs Prior 7-Day Avg -36.41%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 44,225
Calls: 20,573 (47%)
Puts: 23,652 (53%)
Prior (07/30) 50,401
Calls: 28,770 (57%)
Puts: 21,631 (43%)
Current vs Prior -12.25%
Prior 7-Day Total 547,166
Calls: 307,624 (56%)
Puts: 239,542 (44%)
Prior 7-Day Average 78,166
Calls: 43,946 (56%)
Puts: 34,220 (44%)
Current vs Prior 7-Day Avg -43.42%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.17% | 3.62%7.49% | 11.09%
Prior 2.63% | 4.16%7.21% | 11.49%
Current vs Prior +37.79% | +39.31%+3.82% | -3.43%
Prior 7-Day Avg 3.43% | 5.19%8.10% | 11.92%
Current vs 7-Day Avg +5.62% | +11.84%-7.58% | -6.90%
Prior 7-Day Eod 2.63% | 4.16%7.21% | 11.49%
Current vs 7-Day Eod +37.79% | +39.31%+3.82% | -3.43%
Sentiment BEARISHBEARISH

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 41.00% | 23.67%
Calls: 56.55% | 22.49%
Puts: 25.46% | 24.85%
Current vs 7-Day Avg -63.68% | -40.48%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 79% of dollar volume in puts ($11.21M) vs calls ($3.05M). Bullish P/C ratio of 0.62. P/C ratio dropping 40% - 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 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 9 of results (avg 8.7%, best 7.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$357.50Aug 2110.0010.80$10.407.7%900.5149
$360.00Aug 2811.1012.00$11.557.8%40.4577
$360.00Aug 219.009.80$9.408.5%10.47459
$355.00Aug 2111.5012.60$12.059.1%50.54148
$365.00Aug 289.2010.10$9.659.3%30.4025
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$415.00Aug 2158.5063.10$60.807.6%21.0053
$405.00Aug 2149.2053.40$51.308.2%11.00176

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. 54 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 3150.0057.90$53.9514.6%11.00--
$342.50Jul 3110.0013.60$11.8030.5%91.00--
$345.00Jul 315.1013.00$9.0587.3%51.0018
$350.00Jul 311.758.80$5.28133.5%531.00346
$330.00Jul 3119.8028.00$23.9034.3%10.9540
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$405.00Aug 2149.2053.40$51.308.2%11.00176
$415.00Aug 2158.5063.10$60.807.6%21.0053
$380.00Jul 3122.0030.10$26.0531.1%10.999
$367.50Jul 319.6017.60$13.6058.8%10.9912
$380.00Aug 722.7031.10$26.9031.2%10.9879

Most actively traded options today. High liquidity = easy entry/exit. 196 active (total vol 3.7K, top 432)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 213.304.00$3.6519.2%4320.23444
$370.00Aug 213.507.00$5.2566.7%3320.32231
$400.00Aug 70.000.30$0.15200.0%2040.02234
$385.00Aug 141.303.40$2.3589.4%1670.176
$370.00Aug 71.602.20$1.9031.6%1450.20302
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 70.051.85$0.95189.5%1260.07149
$340.00Aug 215.706.60$6.1514.6%920.29706
$352.50Aug 217.4012.10$9.7548.2%910.4454
$370.00Aug 2117.3026.00$21.6540.2%770.72312
$335.00Aug 210.705.30$3.00153.3%750.20367

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 50 strikes (avg 1123.8%, max 3857.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$395.00Jul 31Sep 111329.0%38.6%3346.8%420
$300.00Jul 31Aug 28807.6%41.4%1848.8%22
$400.00Jul 31Sep 11640.2%36.8%1641.9%7329
$365.00Jul 31Aug 28640.9%37.1%1626.0%37141
$362.50Jul 31Aug 7564.9%34.3%1544.8%2971
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$295.00Jul 31Sep 111904.2%48.1%3857.3%7--
$305.00Jul 31Sep 111634.7%44.0%3611.5%66
$325.00Jul 31Sep 111093.2%36.3%2912.2%2051
$320.00Jul 31Sep 4908.1%34.2%2553.4%34
$290.00Jul 31Aug 211034.5%43.0%2306.4%4123

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 95 found (best R:R 34.71, avg 4.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$400.00$405.00Aug 21$0.15$4.85$0.1532.33$400.15
$405.00$415.00Aug 21$0.30$9.70$0.3032.33$405.30
$390.00$400.00Aug 7$0.53$9.47$0.5317.87$390.53
$390.00$395.00Sep 11$0.36$4.64$0.3612.89$390.36
$400.00$410.00Aug 14$1.25$8.75$1.257.00$401.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$300.00Aug 21$0.28$9.72$0.2834.71$309.72
$335.00$332.50Aug 21$0.12$2.38$0.1219.83$334.88
$335.00$330.00Aug 14$0.27$4.73$0.2717.52$334.73
$337.50$335.00Aug 7$0.14$2.36$0.1416.86$337.36
$305.00$295.00Sep 11$0.60$9.40$0.6015.67$304.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 119 found (best R:R 24.00, avg 2.16)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$335.00$340.00Jul 31$4.80$4.80$0.2024.00$339.80
$365.00$367.50Jul 31$2.37$2.37$0.1318.23$367.37
$340.00$342.50Jul 31$2.20$2.20$0.307.33$342.20
$345.00$347.50Aug 7$2.00$2.00$0.504.00$347.00
$300.00$350.00Aug 28$38.95$38.95$11.053.52$338.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$385.00$380.00Aug 7$4.80$4.80$0.2024.00$380.20
$390.00$385.00Aug 21$4.80$4.80$0.2024.00$385.20
$415.00$405.00Aug 21$9.50$9.50$0.5019.00$405.50
$367.50$365.00Jul 31$2.35$2.35$0.1515.67$365.15
$405.00$390.00Aug 21$13.90$13.90$1.1012.64$391.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 45 found (avg debit $2.05, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$400.00Jul 31Aug 7$0.12640.2%41.9%
$365.00Jul 31Aug 7$0.48640.9%34.4%
$390.00Jul 31Aug 7$0.63569.0%45.6%
$380.00Jul 31Aug 7$0.70403.7%36.4%
$370.00Jul 31Aug 7$1.10531.1%35.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$330.00Jul 31Aug 7$0.06620.1%37.3%
$290.00Jul 31Aug 21$0.231034.5%43.0%
$300.00Jul 31Aug 7$0.27807.6%63.5%
$310.00Aug 7Aug 21$0.2866.6%41.8%
$335.00Jul 31Aug 7$0.31510.0%34.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 1.27% of stock, avg 6.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$352.50Jul 31$3.88$0.60$4.48$348.02$356.981.27%
$355.00Jul 31$1.27$3.78$5.05$349.95$360.051.43%
$350.00Jul 31$5.28$0.08$5.36$344.64$355.361.52%
$357.50Jul 31$0.50$5.15$5.65$351.85$363.151.60%
$347.50Jul 31$6.18$0.60$6.78$340.72$354.281.92%
$360.00Jul 31$0.57$7.65$8.22$351.78$368.222.33%
$345.00Jul 31$9.05$0.20$9.25$335.75$354.252.62%
$355.00Aug 7$5.70$5.80$11.50$343.50$366.503.25%
$362.50Jul 31$2.35$9.55$11.90$350.60$374.403.37%
$342.50Jul 31$11.80$0.30$12.10$330.40$354.603.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.31% of stock, avg 3.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$357.50$352.50Jul 31$0.50$0.60$1.10$351.40$358.60
$357.50$347.50Jul 31$0.50$0.60$1.10$346.40$358.60
$360.00$352.50Jul 31$0.57$0.60$1.17$351.33$361.17
$360.00$347.50Jul 31$0.57$0.60$1.17$346.33$361.17
$357.50$340.00Jul 31$0.50$0.80$1.30$338.70$358.80
$360.00$340.00Jul 31$0.57$0.80$1.37$338.63$361.37
$355.00$352.50Jul 31$1.27$0.60$1.87$350.63$356.87
$355.00$347.50Jul 31$1.27$0.60$1.87$345.63$356.87
$355.00$340.00Jul 31$1.27$0.80$2.07$337.93$357.07
$357.50$337.50Jul 31$0.50$2.40$2.90$334.60$360.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 267 found (best R:R 37.46, avg credit $3.16)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
345/350352/355Aug 14$4.87$0.1337.46$345.13$357.37
338/340375/380Aug 21$4.87$0.1337.46$335.13$379.87
345/350375/380Aug 14$4.85$0.1532.33$345.15$379.85
345/348375/380Aug 21$4.80$0.2024.00$342.70$379.80
338/340365/370Aug 21$4.77$0.2320.74$335.23$369.77
328/330355/358Aug 21$2.37$0.1318.23$327.63$357.37
315/318345/348Aug 7$2.35$0.1515.67$315.15$347.35
345/348365/370Aug 21$4.70$0.3015.67$342.80$369.70
330/332355/358Aug 7$2.32$0.1812.89$330.18$357.32
300/305340/342Jul 31$4.57$0.4310.63$300.43$344.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 57 found (best R:R 61.50, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$380.00$385.00$390.00Sep 11$0.08$4.9261.50
$362.50$365.00$367.50Aug 7$0.06$2.4440.67
$370.00$375.00$380.00Aug 28$0.13$4.8737.46
$355.00$360.00$365.00Aug 14$0.15$4.8532.33
$330.00$335.00$340.00Jul 31$0.30$4.7015.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$365.00$367.50$370.00Jul 31$0.15$2.3515.67
$350.00$365.00$380.00Aug 28$1.70$13.307.82
$300.00$310.00$320.00Aug 21$1.39$8.616.19
$340.00$342.50$345.00Jul 31$0.40$2.105.25
$342.50$345.00$347.50Jul 31$0.50$2.004.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 110 found (best net $-2.16, 77 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$380.00$395.001:2Sep 4-$1.35$13.65
$380.00$390.001:2Jul 31-$0.07$9.93
$385.00$395.001:2Aug 21-$0.25$9.75
$380.00$390.001:2Aug 7-$0.63$9.37
$405.00$415.001:2Aug 21-$0.70$9.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$325.00$305.001:2Sep 11-$2.16$17.84
$365.00$350.001:2Aug 28-$3.25$11.75
$310.00$300.001:2Aug 21-$0.67$9.33
$305.00$295.001:2Sep 11-$2.83$7.17
$320.00$312.501:2Aug 14-$2.06$5.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 4.16%, avg 1.24%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$355.00Sep 4$14.700.520.5%4.16%4.63%1--
$355.00Aug 28$13.300.500.5%3.76%4.24%123
$355.00Aug 21$11.500.540.5%3.25%3.73%5148
$360.00Aug 28$11.100.451.9%3.14%5.03%477
$357.50Aug 21$10.000.511.2%2.83%4.01%9049
$365.00Aug 28$9.200.403.3%2.60%5.91%325
$360.00Aug 21$9.000.471.9%2.55%4.43%1459
$370.00Aug 28$7.500.374.7%2.12%6.84%3--
$355.00Aug 14$7.300.530.5%2.07%2.54%420
$365.00Aug 21$7.200.413.3%2.04%5.34%2309

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 4,065
Total Puts 2,514
Put/Call Ratio 0.62
Net Difference 1,551

Prior's Put/Call Breakdown

Total Calls 3,338
Total Puts 3,450
Put/Call Ratio 1.03
Net Difference -112

Prior 7-Day Put/Call Summary

Total Calls 38,873
Total Puts 38,760
Average Put/Call Ratio 0.97
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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