Tour v504
ISRG
INTUITIVE SURGICAL I
$401.23 +2.00%
$400.92 (-0.08%)🌙
as of 08/11 06:48 PM
8/11 18:48

Option Volume

Detail
Current (08/11) 9,459
Calls: 6,491 (69%)
Puts: 2,968 (31%)
Prior (08/10) 9,720
Calls: 4,844 (50%)
Puts: 4,876 (50%)
Current vs Prior -2.69%
Calls: +34.00% (Calls)
Puts: -39.13% (Puts)
Prior 7-Day Total 48,724
Calls: 25,578 (52%)
Puts: 23,146 (48%)
Prior 7-Day Average 6,960
Calls: 3,654 (52%)
Puts: 3,306 (48%)
Current vs Prior 7-Day Avg +35.89%
Calls: +77.64%
Puts: -10.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/11) $11.71M
Calls: $8.90M (76%)
Puts: $2.82M (24%)
Prior (08/10) $12.71M
Calls: $7.21M (57%)
Puts: $5.50M (43%)
Current vs Prior -7.87%
Calls: +23.40%
Puts: -48.83%
Prior 7-Day Total $77.41M
Calls: $34.20M (44%)
Puts: $43.21M (56%)
Prior 7-Day Average $11.06M
Calls: $4.89M (44%)
Puts: $6.17M (56%)
Current vs Prior 7-Day Avg +5.90%
Calls: +82.05%
Puts: -54.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/11) 0.46
Prior (08/10) 1.01
Current vs Prior -54.58%
Prior 7-Day Average 1.00
Current vs Prior 7-Day Avg -54.31%
Sentiment BULLISH

Open Interest

Detail
Current (08/11) 62,709
Calls: 31,577 (50%)
Puts: 31,132 (50%)
Prior (08/10) 66,255
Calls: 29,536 (45%)
Puts: 36,719 (55%)
Current vs Prior -5.35%
Prior 7-Day Total 397,929
Calls: 191,087 (48%)
Puts: 206,842 (52%)
Prior 7-Day Average 56,847
Calls: 27,298 (48%)
Puts: 29,548 (52%)
Current vs Prior 7-Day Avg +10.31%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 2.59% | 4.25%4.25% | 8.94%
Prior 3.16% | 5.67%5.67% | 9.77%
Current vs Prior -18.10% | -25.04%-25.04% | -8.59%
Prior 7-Day Avg 3.26% | 5.44%6.45% | 10.58%
Current vs 7-Day Avg -20.50% | -21.84%-34.15% | -15.56%
Prior 7-Day Eod 3.16% | 5.67%5.67% | 9.77%
Current vs 7-Day Eod -18.10% | -25.04%-25.04% | -8.59%
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 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

Strong bullish conviction with 76% of dollar volume in calls ($8.90M) vs puts ($2.82M). Extreme bullish P/C ratio of 0.46 - heavy call buying (6,491 calls vs 2,968 puts). P/C ratio dropping 55% - sentiment shifting bullish.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 8.6%, best 8.6%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Sep 1832.1035.00$33.558.6%260.77217
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. 83 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Aug 1437.9045.60$41.7518.4%11.00--
$362.50Aug 1435.0043.10$39.0520.7%31.00--
$370.00Aug 1427.5036.00$31.7526.8%11.00--
$340.00Aug 2158.0065.00$61.5011.4%11.00--
$345.00Aug 2153.0061.40$57.2014.7%71.0064
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 2134.2041.90$38.0520.2%30.897
$425.00Aug 2120.6028.70$24.6532.9%10.872
$412.50Aug 147.9016.30$12.1069.4%10.86--
$440.00Sep 1839.6046.20$42.9015.4%100.81122
$410.00Aug 145.9014.30$10.1083.2%10.771

Most actively traded options today. High liquidity = easy entry/exit. 236 active (total vol 6.2K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Aug 211.602.60$2.1047.6%1.7K0.18242
$430.00Sep 254.3012.80$8.5599.4%5390.301
$405.00Sep 2513.6021.20$17.4043.7%5040.491
$435.00Sep 253.5010.00$6.7596.3%1650.266
$400.00Aug 143.606.70$5.1560.2%1370.52317
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Sep 184.705.60$5.1517.5%1470.20520
$340.00Aug 210.001.05$0.53198.1%850.04790
$385.00Aug 210.006.50$3.25200.0%750.2581
$365.00Sep 181.356.10$3.72127.7%740.16321
$377.50Aug 210.005.10$2.55200.0%710.184

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 17.0%, max 57.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$397.50Aug 14Aug 2138.9%24.8%57.1%3610
$405.00Aug 14Sep 2538.3%34.2%12.1%555122
$410.00Aug 14Sep 1836.2%32.8%10.4%100246
$400.00Aug 14Sep 2535.1%32.1%9.3%140320
$392.50Aug 14Aug 2136.6%34.1%7.2%1050
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$400.00Aug 14Sep 1835.1%31.2%12.5%20486
$410.00Aug 14Sep 1836.2%32.8%10.4%66225

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 122 found (best R:R 1.67, avg 5.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$395.00$400.00Sep 18$0.80$4.20$0.8059%5.25$395.80
$400.00$405.00Sep 18$0.95$4.05$0.9554%4.26$400.95
$415.00$420.00Sep 11$0.15$4.85$0.1536%32.33$415.15
$395.00$400.00Aug 28$1.50$3.50$1.5064%2.33$396.50
$400.00$405.00Sep 11$0.95$4.05$0.9552%4.26$400.95
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$410.00$400.00Aug 21$3.75$6.25$3.7568%1.67$406.25
$390.00$375.00Sep 4$2.22$12.78$2.2233%5.76$387.78
$380.00$375.00Sep 25$0.30$4.70$0.3028%15.67$379.70
$402.50$400.00Aug 14$0.28$2.22$0.2860%7.93$402.22
$435.00$420.00Sep 18$10.00$5.00$10.0076%0.50$425.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 1.56, avg 0.73)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$420.00$465.00Sep 4$6.70$6.70$38.3067%0.17$426.70
$435.00$440.00Aug 28$2.65$2.65$2.3579%1.13$437.65
$405.00$410.00Sep 18$4.30$4.30$0.7050%6.14$409.30
$415.00$420.00Aug 28$3.32$3.32$1.6865%1.98$418.32
$410.00$415.00Sep 11$3.40$3.40$1.6058%2.13$413.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$335.00$330.00Aug 28$3.05$3.05$1.9589%1.56$331.95
$355.00$350.00Aug 21$2.95$2.95$2.0586%1.44$352.05
$382.50$380.00Aug 21$1.97$1.97$0.5376%3.72$380.53
$397.50$395.00Aug 14$2.35$2.35$0.1558%15.67$395.15
$390.00$387.50Aug 21$2.15$2.15$0.3565%6.14$387.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $3.83, cheapest $1.95)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$397.50Aug 14Aug 21$4.8538.9%24.8%
$400.00Aug 14Aug 21$2.4035.1%32.0%
$405.00Aug 14Aug 21$3.3538.3%37.2%
$402.50Aug 14Aug 21$6.6525.6%42.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$397.50Aug 14Aug 21$1.9538.9%24.8%
$400.00Aug 14Aug 21$4.3335.1%32.0%
$395.00Aug 14Aug 21$3.3028.5%25.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 1.96% of stock, avg 6.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$402.50Aug 14$2.60$5.25$7.85$394.65$410.351.96%
$400.00Aug 14$5.15$4.97$10.12$389.88$410.122.52%
$397.50Aug 14$5.95$4.35$10.30$387.20$407.802.57%
$410.00Aug 14$1.70$10.10$11.80$398.20$421.802.94%
$392.50Aug 14$10.05$2.25$12.30$380.20$404.803.07%
$395.00Aug 14$10.80$2.00$12.80$382.20$407.803.19%
$412.50Aug 14$0.75$12.10$12.85$399.65$425.353.20%
$390.00Aug 14$12.10$0.85$12.95$377.05$402.953.23%
$387.50Aug 14$14.05$0.98$15.03$372.47$402.533.75%
$400.00Aug 21$7.55$9.30$16.85$383.15$416.854.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.51% of stock, avg 3.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$417.50$390.00Aug 14$1.18$0.85$2.03$387.97$419.53
$410.00$390.00Aug 14$1.70$0.85$2.55$387.45$412.55
$407.50$390.00Aug 14$2.13$0.85$2.98$387.02$410.48
$465.00$365.00Sep 4$0.75$2.65$3.40$361.60$468.40
$417.50$395.00Aug 14$1.18$2.00$3.18$391.82$420.68
$417.50$392.50Aug 14$1.18$2.25$3.43$389.07$420.93
$410.00$395.00Aug 14$1.70$2.00$3.70$391.30$413.70
$410.00$392.50Aug 14$1.70$2.25$3.95$388.55$413.95
$407.50$395.00Aug 14$2.13$2.00$4.13$390.87$411.63
$407.50$392.50Aug 14$2.13$2.25$4.38$388.12$411.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 189 found (best R:R 32.33, avg credit $2.02)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
330/335450/455Aug 28$4.85$0.1574%32.33$330.15$454.85
350/355410/415Aug 21$4.60$0.4054%11.50$350.40$414.60
350/355430/435Aug 21$3.34$1.6676%2.01$351.66$433.34
350/355420/425Aug 21$3.70$1.3068%2.85$351.30$423.70
350/355425/430Aug 21$3.28$1.7273%1.91$351.72$428.28
350/355415/420Aug 21$3.75$1.2562%3.00$351.25$418.75
360/365435/440Aug 28$3.47$1.5368%2.27$361.53$438.47
340/345435/440Aug 28$3.20$1.8072%1.78$341.80$438.20
355/360435/440Aug 28$3.23$1.7771%1.82$356.77$438.23
370/375435/440Aug 28$3.48$1.5264%2.29$371.52$438.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 67 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$375.00$380.00$385.00Aug 21$0.20$4.8018%24.00
$390.00$395.00$400.00Sep 4$0.20$4.8013%24.00
$420.00$425.00$430.00Aug 14$0.09$4.915%54.56
$405.00$410.00$415.00Aug 21$0.55$4.4517%8.09
$385.00$390.00$395.00Aug 28$0.45$4.5512%10.11
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$375.00$380.00$385.00Aug 28$0.05$4.9510%99.00
$380.00$385.00$390.00Aug 28$0.20$4.8011%24.00
$370.00$375.00$380.00Aug 28$0.22$4.789%21.73
$370.00$375.00$380.00Sep 11$0.15$4.856%32.33
$390.00$395.00$400.00Sep 18$0.25$4.7510%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 113 found (best net $-9.30, 90 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$350.00$375.001:2Sep 4-$9.30$15.70
$405.00$415.001:2Aug 28-$2.35$7.65
$400.00$402.501:2Aug 14-$0.05$2.45
$395.00$397.501:2Aug 14-$1.10$1.40
$435.00$450.001:2Sep 25-$2.61$12.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$425.00$410.001:2Aug 21-$1.45$13.55
$410.00$402.501:2Aug 14-$0.40$7.10
$440.00$425.001:2Aug 21-$11.25$3.75
$390.00$375.001:2Sep 4-$2.41$12.59
$410.00$400.001:2Aug 21-$5.55$4.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 3.74%, avg 1.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$405.00Sep 18$15.000.500.9%3.74%4.68%18109
$410.00Sep 18$12.000.452.2%2.99%5.18%22187
$405.00Sep 25$13.600.490.9%3.39%4.33%5041
$415.00Sep 25$9.300.413.4%2.32%5.75%1--
$420.00Sep 25$7.400.384.7%1.84%6.52%2--
$415.00Sep 18$7.700.403.4%1.92%5.35%5131
$425.00Sep 18$5.500.325.9%1.37%7.30%3--
$430.00Sep 25$4.300.307.2%1.07%8.24%5391
$430.00Sep 18$4.700.287.2%1.17%8.34%47191
$420.00Sep 18$5.700.364.7%1.42%6.10%30410

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 6,491
Total Puts 2,968
Put/Call Ratio 0.46
Net Difference 3,523

Prior's Put/Call Breakdown

Total Calls 4,844
Total Puts 4,876
Put/Call Ratio 1.01
Net Difference -32

Prior 7-Day Put/Call Summary

Total Calls 25,578
Total Puts 23,146
Average Put/Call Ratio 1.00
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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