Tour v505
ISRG
INTUITIVE SURGICAL I
$401.27 +0.01%
$400.70 (-0.14%)🌙
as of 08/12 06:43 PM
8/12 18:43

Option Volume

Detail
Current (08/12) 5,654
Calls: 2,869 (51%)
Puts: 2,785 (49%)
Prior (08/11) 9,459
Calls: 6,491 (69%)
Puts: 2,968 (31%)
Current vs Prior -40.23%
Calls: -55.80% (Calls)
Puts: -6.17% (Puts)
Prior 7-Day Total 51,604
Calls: 28,004 (54%)
Puts: 23,600 (46%)
Prior 7-Day Average 7,372
Calls: 4,000 (54%)
Puts: 3,371 (46%)
Current vs Prior 7-Day Avg -23.30%
Calls: -28.29%
Puts: -17.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/12) $9.68M
Calls: $5.20M (54%)
Puts: $4.48M (46%)
Prior (08/11) $11.71M
Calls: $8.90M (76%)
Puts: $2.82M (24%)
Current vs Prior -17.39%
Calls: -41.58%
Puts: +59.03%
Prior 7-Day Total $74.86M
Calls: $40.05M (53%)
Puts: $34.82M (47%)
Prior 7-Day Average $10.69M
Calls: $5.72M (53%)
Puts: $4.97M (47%)
Current vs Prior 7-Day Avg -9.53%
Calls: -9.16%
Puts: -9.96%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/12) 0.97
Prior (08/11) 0.46
Current vs Prior +112.30%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg -0.72%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/12) 56,826
Calls: 28,319 (50%)
Puts: 28,507 (50%)
Prior (08/11) 62,709
Calls: 31,577 (50%)
Puts: 31,132 (50%)
Current vs Prior -9.38%
Prior 7-Day Total 416,413
Calls: 202,091 (49%)
Puts: 214,322 (51%)
Prior 7-Day Average 59,487
Calls: 28,870 (49%)
Puts: 30,617 (51%)
Current vs Prior 7-Day Avg -4.47%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 2.11% | 3.65%3.65% | 8.85%
Prior 2.59% | 4.25%4.25% | 8.94%
Current vs Prior -18.47% | -14.08%-14.08% | -0.99%
Prior 7-Day Avg 3.11% | 5.22%5.99% | 10.27%
Current vs 7-Day Avg -32.12% | -30.00%-39.06% | -13.88%
Prior 7-Day Eod 2.59% | 4.25%4.25% | 8.94%
Current vs 7-Day Eod -18.47% | -14.08%-14.08% | -0.99%
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

Below-average activity with volume down 40% vs prior. P/C ratio rising 112% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 7.8%, best 7.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Sep 1861.2066.20$63.707.8%50.93--
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. 64 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Aug 2850.1056.30$53.2011.7%11.00--
$360.00Aug 1437.1045.30$41.2019.9%21.00--
$365.00Aug 1432.1040.00$36.0521.9%10.9831
$330.00Aug 1467.7075.30$71.5010.6%10.9890
$340.00Aug 2157.4065.60$61.5013.3%20.98--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 2134.9042.60$38.7519.9%40.98--
$405.00Aug 142.0010.20$6.10134.4%10.73--
$425.00Sep 1827.5032.30$29.9016.1%10.7146
$410.00Aug 219.4016.90$13.1557.0%20.67105
$410.00Aug 2811.1018.90$15.0052.0%150.61--

Most actively traded options today. High liquidity = easy entry/exit. 194 active (total vol 3.6K, top 255)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Aug 140.351.50$0.93123.7%2550.2094
$420.00Aug 211.752.25$2.0025.0%2450.20339
$365.00Aug 2132.7040.90$36.8022.3%2090.95277
$480.00Sep 180.102.40$1.25184.0%2030.07--
$397.50Aug 215.6011.70$8.6570.5%1060.626
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Sep 251.6010.00$5.80144.8%2100.214
$390.00Aug 212.503.40$2.9530.5%1910.25239
$380.00Sep 185.708.60$7.1540.6%1730.27368
$400.00Aug 214.907.80$6.3545.7%1050.44554
$395.00Aug 141.251.85$1.5538.7%880.2447

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 29.5%, max 67.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$390.00Aug 14Sep 2552.9%32.3%63.7%22346
$397.50Aug 14Aug 2146.0%31.5%46.2%13628
$392.50Aug 14Aug 2141.0%30.7%33.2%943
$395.00Aug 14Sep 2538.0%32.3%17.6%34146
$400.00Aug 14Sep 2534.1%32.3%5.5%24315
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$390.00Aug 14Sep 1852.9%31.7%67.2%17285
$397.50Aug 14Aug 2846.0%29.6%55.1%3337
$392.50Aug 14Aug 2141.0%30.7%33.2%1518
$395.00Aug 14Sep 2538.0%32.3%17.6%8947
$400.00Aug 14Sep 1834.1%31.1%9.5%23480

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 112 found (best R:R 13.29, avg 7.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$395.00$400.00Sep 18$0.35$4.65$0.3560%13.29$395.35
$420.00$430.00Aug 28$0.48$9.52$0.4824%19.83$420.48
$395.00$400.00Sep 25$1.50$3.50$1.5059%2.33$396.50
$385.00$390.00Aug 21$2.75$2.25$2.7582%0.82$387.75
$397.50$400.00Aug 21$0.35$2.15$0.3562%6.14$397.85
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$375.00$365.00Sep 11$0.70$9.30$0.7021%13.29$374.30
$415.00$410.00Sep 18$2.00$3.00$2.0060%1.50$413.00
$385.00$380.00Sep 18$0.75$4.25$0.7531%5.67$384.25
$390.00$380.00Sep 11$2.25$7.75$2.2535%3.44$387.75
$380.00$375.00Sep 18$0.75$4.25$0.7527%5.67$379.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 85 found (best R:R 1.86, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$455.00$460.00Sep 18$1.97$1.97$3.0385%0.65$456.97
$425.00$430.00Aug 21$1.53$1.53$3.4782%0.44$426.53
$415.00$420.00Sep 18$2.60$2.60$2.4059%1.08$417.60
$430.00$440.00Aug 28$1.80$1.80$8.2081%0.22$431.80
$420.00$425.00Sep 18$2.00$2.00$3.0065%0.67$422.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$380.00$375.00Sep 25$3.25$3.25$1.7571%1.86$376.75
$355.00$350.00Aug 28$1.80$1.80$3.2090%0.56$353.20
$390.00$387.50Aug 14$1.27$1.27$1.2380%1.03$388.73
$390.00$385.00Sep 18$2.55$2.55$2.4564%1.04$387.45
$375.00$370.00Sep 18$1.90$1.90$3.1076%0.61$373.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $2.90, cheapest $1.75)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$397.50Aug 14Aug 21$1.7546.0%31.5%
$402.50Aug 14Aug 21$3.0232.6%25.9%
$400.00Aug 14Aug 21$3.5534.1%30.7%
$405.00Aug 14Aug 21$4.2022.2%27.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$397.50Aug 14Aug 21$2.3546.0%31.5%
$400.00Aug 14Aug 21$3.6034.1%30.7%
$410.00Aug 21Aug 28$1.8528.4%32.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 38 found (cheapest 1.87% of stock, avg 5.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$400.00Aug 14$4.75$2.75$7.50$392.50$407.501.87%
$405.00Aug 14$1.65$6.10$7.75$397.25$412.751.93%
$402.50Aug 14$4.13$3.73$7.86$394.64$410.361.96%
$395.00Aug 14$8.25$1.55$9.80$385.20$404.802.44%
$397.50Aug 14$6.90$3.10$10.00$387.50$407.502.49%
$392.50Aug 14$9.90$1.25$11.15$381.35$403.652.78%
$397.50Aug 21$8.65$5.45$14.10$383.40$411.603.51%
$390.00Aug 14$12.45$1.70$14.15$375.85$404.153.53%
$387.50Aug 14$14.15$0.43$14.58$372.92$402.083.63%
$395.00Aug 21$10.15$4.50$14.65$380.35$409.653.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 157 found (cheapest 0.46% of stock, avg 3.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$415.00$392.50Aug 14$0.60$1.25$1.85$390.65$416.85
$410.00$392.50Aug 14$0.93$1.25$2.18$390.32$412.18
$415.00$395.00Aug 14$0.60$1.55$2.15$392.85$417.15
$415.00$390.00Aug 14$0.60$1.70$2.30$387.70$417.30
$410.00$395.00Aug 14$0.93$1.55$2.48$392.52$412.48
$412.50$392.50Aug 14$1.30$1.25$2.55$389.95$415.05
$410.00$390.00Aug 14$0.93$1.70$2.63$387.37$412.63
$412.50$395.00Aug 14$1.30$1.55$2.85$392.15$415.35
$412.50$390.00Aug 14$1.30$1.70$3.00$387.00$415.50
$407.50$392.50Aug 14$1.85$1.25$3.10$389.40$410.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 128 found (best R:R 5.41, avg credit $1.53)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
375/380435/440Sep 25$4.22$0.7845%5.41$375.78$439.22
375/380450/455Sep 25$3.77$1.2353%3.07$376.23$453.77
350/355415/420Aug 28$3.30$1.7059%1.94$351.70$418.30
388/390412/415Aug 14$1.97$0.5360%3.72$388.03$414.47
388/390408/410Aug 14$2.19$0.3149%7.06$387.81$409.69
395/398412/415Aug 14$2.25$0.2545%9.00$395.25$414.75
370/375435/440Sep 18$3.25$1.7551%1.86$371.75$438.25
378/380425/430Aug 21$2.33$2.6769%0.87$377.67$427.33
345/350425/430Aug 21$1.76$3.2479%0.54$348.24$426.76
350/355430/440Aug 28$3.60$6.4071%0.56$351.40$433.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 65 found (best R:R 11.20, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$395.00$400.00$405.00Sep 4$0.20$4.8013%24.00
$370.00$375.00$380.00Sep 18$0.10$4.908%49.00
$385.00$390.00$395.00Aug 28$0.30$4.7013%15.67
$400.00$402.50$405.00Aug 28$0.05$2.457%49.00
$425.00$430.00$435.00Sep 18$0.10$4.905%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$380.00$390.00$400.00Sep 4$0.82$9.1825%11.20
$372.50$385.00$397.50Aug 28$1.80$10.7028%5.94
$355.00$360.00$365.00Aug 21$0.07$4.933%70.43
$380.00$385.00$390.00Aug 21$0.34$4.6612%13.71
$325.00$330.00$335.00Aug 21$0.10$4.901%49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 105 found (best net $-10.90, 91 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$360.001:2Aug 14-$10.90$19.10
$350.00$375.001:2Sep 4-$7.80$17.20
$365.00$380.001:2Aug 14-$6.55$8.45
$370.00$385.001:2Aug 28-$7.80$7.20
$415.00$435.001:2Sep 25-$1.40$18.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$397.501:2Aug 28-$1.40$11.10
$397.50$385.001:2Aug 28-$0.70$11.80
$390.00$380.001:2Sep 4-$0.28$9.72
$385.00$372.501:2Aug 28-$0.55$11.95
$365.00$355.001:2Sep 11$0.00$10.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 3.56%, avg 1.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$405.00Sep 18$14.300.500.9%3.56%4.49%6110
$415.00Sep 18$10.500.413.4%2.62%6.04%19130
$415.00Sep 25$8.900.413.4%2.22%5.64%1--
$410.00Sep 18$10.100.452.2%2.52%4.69%23208
$435.00Sep 18$5.100.258.4%1.27%9.68%3663
$420.00Sep 18$6.000.354.7%1.50%6.16%20437
$430.00Sep 18$4.300.277.2%1.07%8.23%22191
$440.00Sep 18$3.900.219.7%0.97%10.62%39315
$435.00Sep 25$2.700.278.4%0.67%9.08%540
$425.00Sep 18$4.000.305.9%1.00%6.91%20218

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 2,869
Total Puts 2,785
Put/Call Ratio 0.97
Net Difference 84

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 28,004
Total Puts 23,600
Average Put/Call Ratio 0.98
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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