Tour v494
ISRG
INTUITIVE SURGICAL I
$378.81 +1.36%
$378.32 (-0.13%)🌙
as of 08/07 06:45 PM
8/7 18:45

Option Volume

Detail
Current (08/07) 6,082
Calls: 2,863 (47%)
Puts: 3,219 (53%)
Prior (08/06) 6,174
Calls: 2,201 (36%)
Puts: 3,973 (64%)
Current vs Prior -1.49%
Calls: +30.08% (Calls)
Puts: -18.98% (Puts)
Prior 7-Day Total 44,343
Calls: 23,880 (54%)
Puts: 20,463 (46%)
Prior 7-Day Average 6,334
Calls: 3,411 (54%)
Puts: 2,923 (46%)
Current vs Prior 7-Day Avg -3.99%
Calls: -16.08%
Puts: +10.12%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/07) $11.03M
Calls: $3.13M (28%)
Puts: $7.90M (72%)
Prior (08/06) $12.94M
Calls: $2.41M (19%)
Puts: $10.53M (81%)
Current vs Prior -14.78%
Calls: +29.67%
Puts: -24.97%
Prior 7-Day Total $80.70M
Calls: $29.10M (36%)
Puts: $51.60M (64%)
Prior 7-Day Average $11.53M
Calls: $4.16M (36%)
Puts: $7.37M (64%)
Current vs Prior 7-Day Avg -4.34%
Calls: -24.75%
Puts: +7.17%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/07) 1.12
Prior (08/06) 1.81
Current vs Prior -37.71%
Prior 7-Day Average 0.95
Current vs Prior 7-Day Avg +18.48%
Sentiment BEARISH

Open Interest

Detail
Current (08/07) 55,593
Calls: 23,644 (43%)
Puts: 31,949 (57%)
Prior (08/06) 48,205
Calls: 19,856 (41%)
Puts: 28,349 (59%)
Current vs Prior +15.33%
Prior 7-Day Total 370,962
Calls: 189,622 (51%)
Puts: 181,340 (49%)
Prior 7-Day Average 52,994
Calls: 27,088 (51%)
Puts: 25,905 (49%)
Current vs Prior 7-Day Avg +4.90%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 1.82% | 3.95%5.75% | 9.37%
Prior 2.74% | 4.42%5.59% | 10.28%
Current vs Prior +44.17% | +30.34%+2.90% | -8.80%
Prior 7-Day Avg 3.14% | 5.10%6.92% | 11.06%
Current vs 7-Day Avg +25.85% | +12.79%-16.83% | -15.26%
Prior 7-Day Eod 2.74% | 4.42%5.59% | 10.28%
Current vs 7-Day Eod +44.17% | +30.34%+2.90% | -8.80%
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 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($7.90M). Slightly bearish P/C ratio of 1.12. P/C ratio dropping 38% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 1 of results (avg 9.9%, best 9.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Sep 440.4044.60$42.509.9%10.89--
PUTS (0)
No puts meet the criteria

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. 65 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 720.3027.70$24.0030.8%51.00--
$370.00Aug 77.6012.80$10.2051.0%1811.00377
$372.50Aug 72.1010.20$6.15131.7%191.0051
$375.00Aug 72.808.30$5.5599.1%421.00233
$350.00Aug 1425.5033.30$29.4026.5%31.0041
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$385.00Aug 72.3010.40$6.35127.6%90.9874
$410.00Aug 2130.6035.30$32.9514.3%60.86113
$400.00Aug 2121.6024.30$22.9511.8%100.80--
$387.50Aug 148.3014.60$11.4555.0%30.74--
$410.00Sep 1833.3041.00$37.1520.7%60.73221

Most actively traded options today. High liquidity = easy entry/exit. 229 active (total vol 3.3K, top 257)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 70.102.00$1.05181.0%2570.35575
$370.00Aug 77.6012.80$10.2051.0%1811.00377
$387.50Aug 140.854.00$2.42130.2%880.266
$380.00Aug 142.106.60$4.35103.4%680.4271
$400.00Aug 140.601.10$0.8558.8%670.10107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Sep 182.753.30$3.0318.2%1430.13496
$320.00Aug 280.050.85$0.45177.8%1380.03184
$350.00Aug 210.651.50$1.0878.7%780.09677
$380.00Aug 144.0011.70$7.8598.1%590.5915
$330.00Aug 280.002.45$1.23199.2%590.07173

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 1257.8%, max 4589.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$402.50Aug 7Aug 141109.2%35.7%3003.2%64
$360.00Aug 7Sep 18938.8%30.3%2994.6%23255
$365.00Aug 7Sep 18841.9%30.4%2666.8%18289
$387.50Aug 7Aug 14708.1%31.2%2169.4%9234
$367.50Aug 7Aug 21762.3%33.9%2150.5%716
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$345.00Aug 7Sep 181428.9%30.5%4589.0%10142
$347.50Aug 7Aug 211266.1%33.7%3652.3%1067
$320.00Aug 7Sep 181245.4%35.9%3372.3%141.0K
$330.00Aug 7Sep 181158.5%34.9%3223.9%19401
$352.50Aug 7Aug 211215.4%37.1%3180.5%6291

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 121 found (best R:R 65.67, avg 7.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$420.00$430.00Aug 21$0.15$9.85$0.1565.67$420.15
$410.00$420.00Aug 14$0.20$9.80$0.2049.00$410.20
$410.00$420.00Aug 28$0.25$9.75$0.2539.00$410.25
$430.00$435.00Aug 21$0.18$4.82$0.1826.78$430.18
$425.00$430.00Sep 18$0.18$4.82$0.1826.78$425.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$310.00Aug 28$0.15$9.85$0.1565.67$319.85
$330.00$320.00Aug 7$0.30$9.70$0.3032.33$329.70
$345.00$335.00Aug 28$0.32$9.68$0.3230.25$344.68
$330.00$315.00Sep 4$0.55$14.45$0.5526.27$329.45
$315.00$305.00Aug 21$0.40$9.60$0.4024.00$314.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 150 found (best R:R 49.00, avg 1.86)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$380.00$385.00Aug 21$4.90$4.90$0.1049.00$384.90
$360.00$365.00Aug 14$4.85$4.85$0.1532.33$364.85
$370.00$372.50Aug 14$2.30$2.30$0.2011.50$372.30
$352.50$355.00Aug 7$2.25$2.25$0.259.00$354.75
$360.00$362.50Aug 7$2.20$2.20$0.307.33$362.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$372.50$370.00Aug 14$2.33$2.33$0.1713.71$370.17
$370.00$365.00Sep 18$4.40$4.40$0.607.33$365.60
$385.00$382.50Aug 14$2.00$2.00$0.504.00$383.00
$410.00$385.00Sep 18$18.05$18.05$6.952.60$391.95
$360.00$355.00Aug 7$3.60$3.60$1.402.57$356.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 35 found (avg debit $2.26, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$355.00Aug 7Aug 14$0.05470.4%29.4%
$425.00Sep 11Sep 18$0.2334.0%31.6%
$415.00Sep 4Sep 11$0.5732.1%29.9%
$410.00Aug 7Aug 14$0.70428.5%42.5%
$405.00Aug 14Aug 21$0.7734.7%27.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$332.50Aug 7Aug 14$0.13771.5%46.3%
$355.00Aug 7Aug 14$0.30470.4%29.4%
$325.00Aug 14Aug 21$0.3052.5%45.7%
$335.00Aug 14Aug 21$0.3042.2%38.0%
$315.00Aug 21Sep 4$0.3756.3%42.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 1.28% of stock, avg 6.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$380.00Aug 7$1.05$3.80$4.85$375.15$384.851.28%
$375.00Aug 7$5.55$0.28$5.83$369.17$380.831.54%
$385.00Aug 7$0.03$6.35$6.38$378.62$391.381.68%
$372.50Aug 7$6.15$0.25$6.40$366.10$378.901.69%
$370.00Aug 7$10.20$0.35$10.55$359.45$380.552.79%
$380.00Aug 14$4.35$7.85$12.20$367.80$392.203.22%
$375.00Aug 14$7.95$5.05$13.00$362.00$388.003.43%
$377.50Aug 14$7.10$6.15$13.25$364.25$390.753.50%
$382.50Aug 14$5.10$8.75$13.85$368.65$396.353.66%
$387.50Aug 14$2.42$11.45$13.87$373.63$401.373.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.94% of stock, avg 3.46%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$387.50$365.00Aug 14$2.42$1.13$3.55$361.45$391.05
$387.50$367.50Aug 14$2.42$1.80$4.22$363.28$391.72
$382.50$360.00Aug 7$0.50$3.80$4.30$355.70$386.80
$382.50$367.50Aug 7$0.50$4.30$4.80$362.70$387.30
$382.50$365.00Aug 7$0.50$4.30$4.80$360.20$387.30
$382.50$362.50Aug 7$0.50$4.30$4.80$357.70$387.30
$382.50$352.50Aug 7$0.50$4.30$4.80$347.70$387.30
$380.00$360.00Aug 7$1.05$3.80$4.85$355.15$384.85
$385.00$365.00Aug 14$4.00$1.13$5.13$359.87$390.13
$380.00$367.50Aug 7$1.05$4.30$5.35$362.15$385.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 294 found (best R:R 32.33, avg credit $3.73)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
345/350395/400Aug 28$4.85$0.1532.33$345.15$399.85
365/370380/385Aug 28$4.75$0.2519.00$365.25$384.75
362/365370/372Aug 21$2.37$0.1318.23$362.63$372.37
320/330340/350Aug 28$9.48$0.5218.23$320.52$349.48
328/330372/375Aug 21$2.35$0.1515.67$327.65$374.85
345/350370/380Aug 28$9.40$0.6015.67$340.60$379.40
348/350372/375Aug 21$2.33$0.1713.71$347.67$374.83
365/370385/390Aug 28$4.65$0.3513.29$365.35$389.65
345/348372/375Aug 14$2.32$0.1812.89$345.18$374.82
345/348372/375Aug 21$2.32$0.1812.89$345.18$374.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 71 found (best R:R 54.56, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$420.00$425.00$430.00Sep 18$0.09$4.9154.56
$355.00$360.00$365.00Aug 28$0.10$4.9049.00
$380.00$385.00$390.00Aug 28$0.10$4.9049.00
$390.00$395.00$400.00Sep 4$0.13$4.8737.46
$380.00$382.50$385.00Aug 7$0.08$2.4230.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$330.00$335.00$340.00Sep 18$0.11$4.8944.45
$315.00$320.00$325.00Sep 18$0.12$4.8840.67
$380.00$390.00$400.00Aug 21$0.35$9.6527.57
$342.50$345.00$347.50Aug 14$0.09$2.4126.78
$320.00$325.00$330.00Sep 18$0.19$4.8125.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 118 found (best net $-8.57, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$445.001:2Aug 7-$8.57$26.43
$355.00$375.001:2Sep 4-$1.20$18.80
$440.00$450.001:2Sep 18-$0.13$9.87
$420.00$430.001:2Aug 21-$0.23$9.77
$410.00$420.001:2Aug 14-$0.33$9.67
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$385.001:2Sep 18-$1.05$23.95
$325.00$305.001:2Aug 14-$4.90$15.10
$365.00$350.001:2Sep 11-$0.45$14.55
$330.00$315.001:2Sep 4-$0.50$14.50
$320.00$310.001:2Aug 28-$0.15$9.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 3.51%, avg 1.06%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$380.00Sep 18$13.300.510.3%3.51%3.83%4217
$390.00Sep 18$12.100.433.0%3.19%6.15%9247
$380.00Sep 11$11.700.510.3%3.09%3.40%1--
$380.00Aug 28$11.000.480.3%2.90%3.22%1--
$385.00Sep 18$11.000.471.6%2.90%4.54%358
$380.00Sep 4$10.000.490.3%2.64%2.95%4110
$385.00Sep 11$9.300.461.6%2.46%4.09%312
$380.00Aug 21$8.600.520.3%2.27%2.58%27702
$400.00Sep 18$8.600.345.6%2.27%7.86%53786
$385.00Sep 4$7.700.441.6%2.03%3.67%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 2,863
Total Puts 3,219
Put/Call Ratio 1.12
Net Difference -356

Prior's Put/Call Breakdown

Total Calls 2,201
Total Puts 3,973
Put/Call Ratio 1.81
Net Difference -1,772

Prior 7-Day Put/Call Summary

Total Calls 23,880
Total Puts 20,463
Average Put/Call Ratio 0.95
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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