Tour v526
ISRG
INTUITIVE SURGICAL I
$378.81 +1.16%
$379.01 (+0.05%)🌙
as of 08/21 06:41 PM
8/21 18:41

Option Volume

Detail
Current (08/21) 9,333
Calls: 4,082 (44%)
Puts: 5,251 (56%)
Prior (08/20) 8,080
Calls: 3,265 (40%)
Puts: 4,815 (60%)
Current vs Prior +15.51%
Calls: +25.02% (Calls)
Puts: +9.06% (Puts)
Prior 7-Day Total 36,460
Calls: 19,347 (53%)
Puts: 17,113 (47%)
Prior 7-Day Average 5,208
Calls: 2,763 (53%)
Puts: 2,444 (47%)
Current vs Prior 7-Day Avg +79.19%
Calls: +47.69%
Puts: +114.79%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/21) $13.12M
Calls: $4.48M (34%)
Puts: $8.64M (66%)
Prior (08/20) $18.87M
Calls: $3.15M (17%)
Puts: $15.72M (83%)
Current vs Prior -30.45%
Calls: +42.32%
Puts: -45.02%
Prior 7-Day Total $63.68M
Calls: $26.02M (41%)
Puts: $37.66M (59%)
Prior 7-Day Average $9.10M
Calls: $3.72M (41%)
Puts: $5.38M (59%)
Current vs Prior 7-Day Avg +44.27%
Calls: +20.57%
Puts: +60.64%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/21) 1.29
Prior (08/20) 1.47
Current vs Prior -12.77%
Prior 7-Day Average 0.89
Current vs Prior 7-Day Avg +45.33%
Sentiment BEARISH

Open Interest

Detail
Current (08/21) 55,660
Calls: 26,247 (47%)
Puts: 29,413 (53%)
Prior (08/20) 62,832
Calls: 33,550 (53%)
Puts: 29,282 (47%)
Current vs Prior -11.41%
Prior 7-Day Total 338,194
Calls: 178,192 (53%)
Puts: 160,002 (47%)
Prior 7-Day Average 48,313
Calls: 25,456 (53%)
Puts: 22,857 (47%)
Current vs Prior 7-Day Avg +15.21%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 1.72% | 3.52%1.72% | 7.71%
Prior 2.46% | 4.03%2.46% | 8.65%
Current vs Prior +43.24% | +27.66%-30.15% | -10.91%
Prior 7-Day Avg 2.65% | 4.31%3.17% | 8.25%
Current vs 7-Day Avg +33.02% | +19.37%-45.90% | -6.55%
Prior 7-Day Eod 2.46% | 4.03%2.46% | 8.65%
Current vs 7-Day Eod +43.24% | +27.66%-30.15% | -10.91%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 85.44% | 20.57%
Calls: 123.81% | 14.71%
Puts: 47.06% | 26.42%
Prior 96.12% | 82.77%
Calls: 94.19% | 94.86%
Puts: 98.04% | 70.67%
Current vs Prior -11.11% | -75.15%
Prior 7-Day Avg 26.49% | 23.90%
Calls: 27.17% | 24.36%
Puts: 25.83% | 23.43%
Current vs 7-Day Avg +222.48% | -13.94%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($8.64M). Volume explosion - 79% above 7-day average (9,333 vs avg 5,208). Bearish P/C ratio of 1.29 indicates protective positioning.

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 BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 -- of results (avg --%, best --%)

No options available for this category

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 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Aug 2136.0041.60$38.8014.4%11.0039
$350.00Aug 2128.0033.70$30.8518.5%191.00453
$360.00Aug 2116.9021.60$19.2524.4%1541.00472
$370.00Aug 216.0011.30$8.6561.3%301.00430
$372.50Aug 213.1011.00$7.05112.1%71.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 2817.3025.10$21.2036.8%21.0078
$435.00Aug 2151.3059.40$55.3514.6%10.9914
$405.00Aug 2123.7029.40$26.5521.5%70.9975
$395.00Aug 2113.3019.40$16.3537.3%90.99145
$390.00Aug 219.2014.40$11.8044.1%470.98465

Most actively traded options today. High liquidity = easy entry/exit. 213 active (total vol 7.1K, top 2.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 210.051.25$0.65184.6%7260.30570
$420.00Sep 180.758.40$4.58167.0%3660.21587
$385.00Sep 45.3011.60$8.4574.6%1570.4412
$360.00Aug 2116.9021.60$19.2524.4%1541.00472
$387.50Sep 44.4010.60$7.5082.7%1530.413
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Oct 21.154.00$2.58110.5%2.3K0.1226
$380.00Aug 210.105.30$2.70192.6%2560.71395
$375.00Aug 210.000.05$0.03166.7%2140.04327
$385.00Aug 213.009.40$6.20103.2%1520.87245
$345.00Sep 182.203.70$2.9550.8%760.14109

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 1817.9%, max 3947.3%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$367.50Aug 21Aug 28774.3%25.9%2893.1%715
$380.00Aug 21Oct 2124.7%31.1%301.4%729570
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$345.00Aug 21Sep 251426.5%35.2%3947.3%3431
$355.00Aug 21Sep 251031.1%34.7%2873.9%8169
$357.50Aug 21Aug 28985.1%47.8%1958.8%732
$377.50Aug 21Sep 4177.2%32.3%449.3%8104
$380.00Aug 21Oct 2124.7%31.1%301.4%259399

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 107 found (best R:R 0.97, avg 6.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$360.00$385.00Sep 25$12.70$12.30$12.7076%0.97$372.70
$365.00$375.00Sep 18$5.05$4.95$5.0572%0.98$370.05
$380.00$385.00Sep 4$0.80$4.20$0.8051%5.25$380.80
$400.00$405.00Sep 18$0.25$4.75$0.2532%19.00$400.25
$380.00$385.00Sep 11$1.20$3.80$1.2052%3.17$381.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$380.00$370.00Sep 25$2.05$7.95$2.0547%3.88$377.95
$390.00$387.50Aug 28$0.20$2.30$0.2080%11.50$389.80
$380.00$375.00Sep 18$0.65$4.35$0.6547%6.69$379.35
$370.00$365.00Sep 11$0.50$4.50$0.5033%9.00$369.50
$380.00$375.00Oct 2$1.30$3.70$1.3047%2.85$378.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 88 found (best R:R 5.85, avg 1.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$405.00$410.00Sep 18$2.85$2.85$2.1571%1.33$407.85
$395.00$400.00Sep 25$3.15$3.15$1.8561%1.70$398.15
$390.00$395.00Sep 18$3.35$3.35$1.6556%2.03$393.35
$387.50$390.00Sep 4$2.27$2.27$0.2359%9.87$389.77
$430.00$435.00Sep 18$1.80$1.80$3.2084%0.56$431.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$345.00$340.00Aug 21$4.27$4.27$0.7382%5.85$340.73
$370.00$365.00Sep 25$4.30$4.30$0.7063%6.14$365.70
$370.00$350.00Oct 2$7.65$7.65$12.3562%0.62$362.35
$372.50$370.00Aug 28$2.37$2.37$0.1367%18.23$370.13
$357.50$355.00Aug 28$1.87$1.87$0.6384%2.97$355.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $3.78, cheapest $1.25)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$367.50Aug 21Aug 28$1.25774.3%25.9%
$377.50Aug 21Aug 28$4.05177.2%35.8%
$380.00Aug 21Aug 28$5.53124.7%26.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$377.50Aug 21Aug 28$4.30177.2%35.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 0.88% of stock, avg 5.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$380.00Aug 21$0.65$2.70$3.35$376.65$383.350.88%
$382.50Aug 21$0.05$4.10$4.15$378.35$386.651.10%
$375.00Aug 21$4.95$0.03$4.98$370.02$379.981.31%
$377.50Aug 21$3.80$1.80$5.60$371.90$383.101.48%
$385.00Aug 21$0.40$6.20$6.60$378.40$391.601.74%
$372.50Aug 21$7.05$0.03$7.08$365.42$379.581.87%
$387.50Aug 21$0.23$7.95$8.18$379.32$395.682.16%
$370.00Aug 21$8.65$0.08$8.73$361.27$378.732.30%
$380.00Aug 28$6.18$5.48$11.66$368.34$391.663.08%
$390.00Aug 21$0.03$11.80$11.83$378.17$401.833.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.65% of stock, avg 3.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$380.00$377.50Aug 21$0.65$1.80$2.45$375.05$382.45
$385.00$377.50Aug 21$0.40$1.80$2.20$375.30$387.20
$392.50$370.00Aug 28$1.25$1.88$3.13$366.87$395.63
$390.00$370.00Aug 28$1.95$1.88$3.83$366.17$393.83
$397.50$377.50Aug 21$0.80$1.80$2.60$374.90$400.10
$385.00$355.00Aug 21$0.40$3.40$3.80$351.20$388.80
$385.00$362.50Aug 21$0.40$3.40$3.80$358.70$388.80
$380.00$362.50Aug 21$0.65$3.40$4.05$358.45$384.05
$385.00$357.50Aug 21$0.40$3.60$4.00$353.50$389.00
$380.00$355.00Aug 21$0.65$3.40$4.05$350.95$384.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 127 found (best R:R 7.20, avg credit $2.04)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
340/345400/402Aug 21$4.39$0.6178%7.20$340.61$404.39
340/345388/390Aug 21$4.47$0.5374%8.43$340.53$391.97
340/345385/388Aug 21$4.44$0.5669%7.93$340.56$389.44
340/345380/382Aug 21$4.87$0.1352%37.46$340.13$384.87
350/355405/410Sep 18$4.80$0.2048%24.00$350.20$409.80
330/335405/410Sep 18$3.90$1.1062%3.55$331.10$408.90
350/355430/435Sep 18$3.75$1.2560%3.00$351.25$433.75
320/325405/410Sep 18$3.34$1.6666%2.01$321.66$408.34
330/335430/435Sep 18$2.85$2.1574%1.33$332.15$432.85
340/345405/410Sep 18$3.65$1.3557%2.70$341.35$408.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 54 found (best R:R 4.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$395.00$397.50$400.00Aug 28$0.16$2.347%14.63
$400.00$402.50$405.00Aug 21$0.12$2.383%19.83
$405.00$410.00$415.00Aug 28$0.19$4.813%25.32
$375.00$380.00$385.00Oct 2$0.45$4.559%10.11
$372.50$375.00$377.50Aug 21$0.95$1.5543%1.63
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$377.50$380.00$382.50Aug 21$0.50$2.0049%4.00
$340.00$345.00$350.00Sep 18$0.10$4.907%49.00
$370.00$375.00$380.00Oct 2$0.20$4.809%24.00
$370.00$372.50$375.00Aug 21$0.05$2.450%49.00
$345.00$350.00$355.00Aug 28$0.23$4.772%20.74

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 104 found (best net $-2.40, 84 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$360.00$385.001:2Sep 25-$2.40$22.60
$355.00$367.501:2Aug 28-$1.40$11.10
$350.00$360.001:2Aug 21-$7.65$2.35
$385.00$395.001:2Sep 11-$1.91$8.09
$350.00$365.001:2Sep 18-$11.05$3.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$390.00$380.001:2Sep 4-$1.05$8.95
$382.50$380.001:2Aug 21-$1.30$1.20
$380.00$377.501:2Aug 21-$0.90$1.60
$350.00$335.001:2Sep 11-$1.40$13.60
$385.00$382.501:2Aug 21-$2.00$0.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 4.20%, avg 1.07%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$380.00Oct 2$15.900.540.3%4.20%4.51%3--
$385.00Oct 2$12.600.491.6%3.33%4.96%3--
$385.00Sep 25$12.200.501.6%3.22%4.85%42
$400.00Oct 2$7.000.375.6%1.85%7.44%28
$390.00Oct 2$9.400.453.0%2.48%5.44%2--
$390.00Sep 25$9.000.453.0%2.38%5.33%2--
$385.00Sep 18$11.000.491.6%2.90%4.54%1562
$395.00Oct 2$7.500.404.3%1.98%6.25%3--
$380.00Sep 18$12.600.550.3%3.33%3.64%10227
$390.00Sep 18$7.600.433.0%2.01%4.96%79252

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 4,082
Total Puts 5,251
Put/Call Ratio 1.29
Net Difference -1,169

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 19,347
Total Puts 17,113
Average Put/Call Ratio 0.89
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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