Tour v526
ISRG
INTUITIVE SURGICAL I
$374.48 -5.84%
$375.25 (+0.21%)🌙
as of 08/20 06:41 PM
8/20 18:41

Option Volume

Detail
Current (08/20) 8,080
Calls: 3,265 (40%)
Puts: 4,815 (60%)
Prior (08/19) 4,881
Calls: 2,778 (57%)
Puts: 2,103 (43%)
Current vs Prior +65.54%
Calls: +17.53% (Calls)
Puts: +128.96% (Puts)
Prior 7-Day Total 37,839
Calls: 22,573 (60%)
Puts: 15,266 (40%)
Prior 7-Day Average 5,405
Calls: 3,224 (60%)
Puts: 2,180 (40%)
Current vs Prior 7-Day Avg +49.48%
Calls: +1.25%
Puts: +120.78%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/20) $18.87M
Calls: $3.15M (17%)
Puts: $15.72M (83%)
Prior (08/19) $6.79M
Calls: $4.19M (62%)
Puts: $2.61M (38%)
Current vs Prior +177.75%
Calls: -24.78%
Puts: +502.92%
Prior 7-Day Total $56.52M
Calls: $31.76M (56%)
Puts: $24.76M (44%)
Prior 7-Day Average $8.07M
Calls: $4.54M (56%)
Puts: $3.54M (44%)
Current vs Prior 7-Day Avg +133.69%
Calls: -30.61%
Puts: +344.49%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/20) 1.47
Prior (08/19) 0.76
Current vs Prior +94.81%
Prior 7-Day Average 0.74
Current vs Prior 7-Day Avg +99.33%
Sentiment BEARISH

Open Interest

Detail
Current (08/20) 62,832
Calls: 33,550 (53%)
Puts: 29,282 (47%)
Prior (08/19) 46,359
Calls: 24,986 (54%)
Puts: 21,373 (46%)
Current vs Prior +35.53%
Prior 7-Day Total 338,071
Calls: 176,219 (52%)
Puts: 161,852 (48%)
Prior 7-Day Average 48,295
Calls: 25,174 (52%)
Puts: 23,121 (48%)
Current vs Prior 7-Day Avg +30.10%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 2.46% | 4.03%2.46% | 8.65%
Prior 2.73% | 4.12%2.73% | 7.93%
Current vs Prior -9.95% | -2.21%-9.95% | +9.07%
Prior 7-Day Avg 2.66% | 4.34%3.43% | 8.29%
Current vs 7-Day Avg -7.81% | -7.16%-28.34% | +4.38%
Prior 7-Day Eod 2.73% | 4.12%2.73% | 7.93%
Current vs 7-Day Eod -9.95% | -2.21%-9.95% | +9.07%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 96.12% | 82.77%
Calls: 94.19% | 94.86%
Puts: 98.04% | 70.67%
Prior 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Current vs Prior +545.53% | +487.44%
Prior 7-Day Avg 14.89% | 14.09%
Calls: 16.00% | 12.61%
Puts: 13.79% | 15.56%
Current vs 7-Day Avg +545.53% | +487.44%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 83% of dollar volume in puts ($15.72M) vs calls ($3.15M). Massive premium surge with dollar volume up 178% vs prior. Dollar volume significantly above 7-day average (134% higher). Above-average activity with volume up 66% vs prior.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 2 of results (avg 7.4%, best 7.3%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Sep 1813.1014.10$13.607.4%510.49223
$380.00Sep 1815.7016.90$16.307.4%790.54425

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. 73 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Aug 2122.6029.30$25.9525.8%300.99472
$330.00Aug 2140.6049.20$44.9019.2%30.9748
$345.00Aug 2828.5033.50$31.0016.1%10.938
$350.00Sep 425.3031.80$28.5522.8%30.898
$360.00Aug 2112.5017.30$14.9032.2%80.88479
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$390.00Aug 2111.0018.50$14.7550.8%3881.00337
$395.00Aug 2116.0023.00$19.5035.9%131.00225
$400.00Aug 2121.5028.10$24.8026.6%201.00613
$410.00Aug 2131.3038.80$35.0521.4%1711.00105
$420.00Aug 2141.1049.20$45.1517.9%251.00--

Most actively traded options today. High liquidity = easy entry/exit. 232 active (total vol 4.7K, top 388)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Sep 180.202.85$1.53173.2%1890.10485
$400.00Sep 184.505.50$5.0020.0%1690.25856
$390.00Aug 210.101.05$0.58163.8%980.11301
$410.00Aug 210.000.45$0.23195.7%880.03366
$410.00Sep 40.354.20$2.28168.9%630.1554
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$390.00Aug 2111.0018.50$14.7550.8%3881.00337
$325.00Sep 180.251.25$0.75133.3%2300.05102
$380.00Aug 287.4011.50$9.4543.4%2260.6142
$410.00Aug 2131.3038.80$35.0521.4%1711.00105
$370.00Aug 210.402.00$1.20133.3%1550.24545

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 129.9%, max 441.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$415.00Aug 21Sep 25182.1%33.6%441.7%3349
$407.50Aug 21Sep 4176.6%33.1%433.2%2079
$412.50Aug 21Sep 4192.7%37.8%410.2%3512
$392.50Aug 21Sep 4109.9%36.0%205.0%1613
$370.00Aug 21Sep 1844.4%32.7%35.9%32565
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$392.50Aug 21Aug 28109.9%33.4%228.6%2447
$365.00Aug 21Oct 272.6%31.9%127.8%6094
$372.50Aug 21Aug 2842.1%22.7%85.4%2430
$367.50Aug 21Sep 452.3%32.8%59.3%12137
$370.00Aug 21Oct 244.4%32.3%37.4%158554

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 124 found (best R:R 1.35, avg 5.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$360.00$370.00Sep 18$4.25$5.75$4.2568%1.35$364.25
$380.00$385.00Aug 28$0.30$4.70$0.3038%15.67$380.30
$375.00$380.00Sep 11$1.00$4.00$1.0050%4.00$376.00
$380.00$385.00Sep 18$1.00$4.00$1.0046%4.00$381.00
$400.00$410.00Sep 25$1.30$8.70$1.3029%6.69$401.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$375.00$370.00Sep 4$0.80$4.20$0.8049%5.25$374.20
$400.00$380.00Sep 25$11.50$8.50$11.5072%0.74$388.50
$380.00$377.50Sep 4$0.20$2.30$0.2058%11.50$379.80
$360.00$355.00Sep 11$0.35$4.65$0.3529%13.29$359.65
$382.50$380.00Aug 21$1.47$1.03$1.4792%0.70$381.03

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 106 found (best R:R 1.50, avg 0.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$415.00$420.00Sep 4$3.00$3.00$2.0082%1.50$418.00
$425.00$430.00Aug 28$2.37$2.37$2.6386%0.90$427.37
$392.50$395.00Aug 21$2.22$2.22$0.2878%7.93$394.72
$385.00$390.00Sep 18$3.35$3.35$1.6559%2.03$388.35
$402.50$405.00Sep 4$1.58$1.58$0.9281%1.72$404.08
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$322.50$320.00Aug 21$2.40$2.40$0.1088%24.00$320.10
$337.50$335.00Aug 21$2.30$2.30$0.2087%11.50$335.20
$355.00$350.00Sep 4$2.28$2.28$2.7278%0.84$352.72
$362.50$360.00Aug 28$1.67$1.67$0.8375%2.01$360.83
$367.50$365.00Aug 28$1.87$1.87$0.6366%2.97$365.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $3.25, cheapest $2.23)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$375.00Aug 21Aug 28$2.3044.9%29.2%
$377.50Aug 21Aug 28$2.6539.3%28.1%
$372.50Aug 21Sep 4$5.8542.1%33.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$372.50Aug 21Aug 28$2.2342.1%22.7%
$375.00Aug 21Aug 28$3.3044.9%29.2%
$377.50Aug 21Aug 28$3.1539.3%28.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 1.76% of stock, avg 5.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$377.50Aug 21$2.20$4.40$6.60$370.90$384.101.76%
$375.00Aug 21$3.90$3.05$6.95$368.05$381.951.86%
$380.00Aug 21$1.33$6.28$7.61$372.39$387.612.03%
$372.50Aug 21$6.15$1.80$7.95$364.55$380.452.12%
$382.50Aug 21$0.83$7.75$8.58$373.92$391.082.29%
$370.00Aug 21$7.40$1.20$8.60$361.40$378.602.30%
$385.00Aug 21$0.83$10.15$10.98$374.02$395.982.93%
$377.50Aug 28$4.85$7.55$12.40$365.10$389.903.31%
$375.00Aug 28$6.20$6.35$12.55$362.45$387.553.35%
$365.00Aug 21$11.30$1.63$12.93$352.07$377.933.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 0.51% of stock, avg 3.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$382.50$367.50Aug 21$0.83$1.08$1.91$365.59$384.41
$382.50$370.00Aug 21$0.83$1.20$2.03$367.97$384.53
$382.50$365.00Aug 21$0.83$1.63$2.46$362.54$384.96
$380.00$367.50Aug 21$1.33$1.08$2.41$365.09$382.41
$380.00$370.00Aug 21$1.33$1.20$2.53$367.47$382.53
$382.50$372.50Aug 21$0.83$1.80$2.63$369.87$385.13
$380.00$365.00Aug 21$1.33$1.63$2.96$362.04$382.96
$380.00$372.50Aug 21$1.33$1.80$3.13$369.37$383.13
$392.50$367.50Aug 21$2.60$1.08$3.68$363.82$396.18
$392.50$370.00Aug 21$2.60$1.20$3.80$366.20$396.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 220 found (best R:R 3.42, avg credit $2.15)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
350/355418/420Aug 21$3.87$1.1375%3.42$351.13$421.37
325/330418/420Aug 21$3.47$1.5380%2.27$326.53$420.97
350/355408/410Aug 21$3.69$1.3173%2.82$351.31$411.19
355/360418/420Aug 21$3.71$1.2970%2.88$356.29$421.21
325/330408/410Aug 21$3.29$1.7178%1.92$326.71$410.79
340/348418/420Aug 21$3.90$3.6076%1.08$343.60$421.40
360/362425/430Aug 28$4.04$0.9661%4.21$358.46$429.04
355/360408/410Aug 21$3.53$1.4768%2.40$356.47$411.03
365/368425/430Aug 28$4.24$0.7653%5.58$363.26$429.24
350/355402/405Sep 4$3.86$1.1459%3.39$351.14$406.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 24.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$415.00$420.00$425.00Sep 25$0.15$4.856%32.33
$377.50$380.00$382.50Aug 21$0.37$2.1322%5.76
$395.00$400.00$405.00Aug 28$0.32$4.688%14.62
$372.50$375.00$377.50Aug 21$0.55$1.9525%3.55
$375.00$380.00$385.00Sep 18$0.45$4.559%10.11
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$372.50$375.00$377.50Aug 21$0.10$2.4029%24.00
$365.00$370.00$375.00Sep 11$0.25$4.7515%19.00
$360.00$365.00$370.00Oct 2$0.15$4.8510%32.33
$365.00$370.00$375.00Sep 18$0.20$4.8011%24.00
$365.00$367.50$370.00Sep 4$0.10$2.408%24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 120 found (best net $-9.60, 103 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$350.001:2Aug 21-$7.00$13.00
$350.00$360.001:2Aug 21-$3.85$6.15
$345.00$357.501:2Aug 28-$8.50$4.00
$360.00$367.501:2Aug 28-$4.75$2.75
$362.50$372.501:2Sep 4-$5.45$4.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$440.00$410.001:2Sep 18-$9.60$20.40
$390.00$370.001:2Oct 2-$3.25$16.75
$400.00$380.001:2Sep 25-$7.45$12.55
$355.00$340.001:2Sep 25-$0.92$14.08
$350.00$340.001:2Sep 11-$0.30$9.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 4.43%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$375.00Oct 2$16.600.530.1%4.43%4.57%1--
$400.00Oct 2$5.400.326.8%1.44%8.26%5--
$380.00Sep 18$10.700.461.5%2.86%4.33%31224
$375.00Sep 18$12.800.510.1%3.42%3.56%49229
$385.00Sep 18$8.700.412.8%2.32%5.13%562
$390.00Sep 18$7.400.354.1%1.98%6.12%11248
$395.00Sep 18$6.100.315.5%1.63%7.11%2586
$390.00Sep 25$5.900.384.1%1.58%5.72%2--
$400.00Sep 18$4.500.256.8%1.20%8.02%169856
$385.00Sep 11$6.300.402.8%1.68%4.49%317

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 3,265
Total Puts 4,815
Put/Call Ratio 1.47
Net Difference -1,550

Prior's Put/Call Breakdown

Total Calls 2,778
Total Puts 2,103
Put/Call Ratio 0.76
Net Difference 675

Prior 7-Day Put/Call Summary

Total Calls 22,573
Total Puts 15,266
Average Put/Call Ratio 0.74
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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