Tour v527
ISRG
INTUITIVE SURGICAL I
$353.24 +0.88%
$353.20 (-0.01%)🌙
as of 09/09 06:37 PM
9/9 18:37

Option Volume

Detail
Current (09/09) 6,483
Calls: 3,070 (47%)
Puts: 3,413 (53%)
Prior (09/08) 16,627
Calls: 9,603 (58%)
Puts: 7,024 (42%)
Current vs Prior -61.01%
Calls: -68.03% (Calls)
Puts: -51.41% (Puts)
Prior 7-Day Total 44,170
Calls: 22,687 (51%)
Puts: 21,483 (49%)
Prior 7-Day Average 6,310
Calls: 3,241 (51%)
Puts: 3,069 (49%)
Current vs Prior 7-Day Avg +2.74%
Calls: -5.28%
Puts: +11.21%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09) $10.16M
Calls: $4.76M (47%)
Puts: $5.39M (53%)
Prior (09/08) $25.22M
Calls: $12.02M (48%)
Puts: $13.20M (52%)
Current vs Prior -59.73%
Calls: -60.37%
Puts: -59.16%
Prior 7-Day Total $133.53M
Calls: $28.78M (22%)
Puts: $104.75M (78%)
Prior 7-Day Average $19.08M
Calls: $4.11M (22%)
Puts: $14.96M (78%)
Current vs Prior 7-Day Avg -46.76%
Calls: +15.85%
Puts: -63.97%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09) 1.11
Prior (09/08) 0.73
Current vs Prior +51.99%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg +2.62%
Sentiment BEARISH

Open Interest

Detail
Current (09/09) 58,463
Calls: 31,786 (54%)
Puts: 26,677 (46%)
Prior (09/08) 76,790
Calls: 37,966 (49%)
Puts: 38,824 (51%)
Current vs Prior -23.87%
Prior 7-Day Total 345,909
Calls: 185,110 (54%)
Puts: 160,799 (46%)
Prior 7-Day Average 49,415
Calls: 26,444 (54%)
Puts: 22,971 (46%)
Current vs Prior 7-Day Avg +18.31%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 3.23% | 4.87%4.87% | 9.57%
Prior 4.54% | 5.78%5.78% | 9.85%
Current vs Prior -28.93% | -15.80%-15.80% | -2.88%
Prior 7-Day Avg 3.29% | 4.81%5.98% | 10.16%
Current vs 7-Day Avg -1.99% | +1.20%-18.61% | -5.83%
Prior 7-Day Eod 4.54% | 5.78%5.78% | 9.85%
Current vs 7-Day Eod -28.93% | -15.80%-15.80% | -2.88%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 85.44% | 20.57%
Calls: 123.81% | 14.71%
Puts: 47.06% | 26.42%
Prior 85.44% | 20.57%
Calls: 123.81% | 14.71%
Puts: 47.06% | 26.42%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 85.44% | 20.57%
Calls: 123.81% | 14.71%
Puts: 47.06% | 26.42%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 60% vs prior. Below-average activity with volume down 61% vs prior. Slightly bearish P/C ratio of 1.11. P/C ratio rising 52% - increased hedging/bearish 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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 4 of results (avg 7.0%, best 4.3%)

CALLS (0)
No calls meet the criteria
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Oct 169.009.40$9.204.3%930.331.1K
$350.00Oct 1612.7013.50$13.106.1%6280.43497
$345.00Oct 1610.4011.30$10.858.3%740.38174
$420.00Oct 1663.9070.10$67.009.3%20.95--

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. 60 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Sep 1831.0037.70$34.3519.5%20.96--
$320.00Sep 2530.9038.30$34.6021.4%20.931
$340.00Sep 119.9017.70$13.8056.5%260.8928
$342.50Sep 117.8015.50$11.6566.1%10.84--
$320.00Oct 1634.1042.70$38.4022.4%10.84--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Sep 1119.8026.00$22.9027.1%11.00--
$377.50Sep 1120.6028.50$24.5532.2%11.00--
$380.00Sep 1123.6031.00$27.3027.1%101.00--
$390.00Sep 1833.2041.30$37.2521.7%20.96--
$420.00Oct 1663.9070.10$67.009.3%20.95--

Most actively traded options today. High liquidity = easy entry/exit. 202 active (total vol 3.6K, top 628)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Sep 180.200.35$0.2853.6%1930.031.0K
$405.00Sep 180.150.95$0.55145.5%830.05134
$402.50Sep 180.001.25$0.63198.4%820.0517
$380.00Sep 180.351.25$0.80112.5%740.09304
$365.00Sep 110.551.30$0.9380.6%640.1799
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Oct 1612.7013.50$13.106.1%6280.43497
$360.00Oct 1615.3019.00$17.1521.6%1600.53428
$300.00Oct 161.402.90$2.1569.8%1110.09154
$340.00Oct 169.009.40$9.204.3%930.331.1K
$345.00Oct 1610.4011.30$10.858.3%740.38174

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 28.5%, max 64.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$350.00Sep 11Oct 2349.5%40.6%22.0%771.1K
$365.00Sep 11Oct 1642.0%34.9%20.4%81259
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$347.50Sep 11Sep 1850.7%30.7%64.9%55104
$350.00Sep 11Oct 2349.5%40.6%22.0%53304
$345.00Sep 11Oct 1642.6%35.0%21.8%88246
$360.00Sep 11Oct 1641.2%34.3%20.0%168519

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 122 found (best R:R 19.00, avg 6.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$370.00$375.00Oct 16$0.25$4.75$0.2537%19.00$370.25
$340.00$350.00Oct 16$5.00$5.00$5.0068%1.00$345.00
$340.00$350.00Sep 18$5.60$4.40$5.6077%0.79$345.60
$352.50$355.00Sep 18$0.15$2.35$0.1552%15.67$352.65
$365.00$370.00Sep 25$0.50$4.50$0.5035%9.00$365.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$360.00$357.50Sep 18$0.20$2.30$0.2063%11.50$359.80
$375.00$370.00Sep 25$2.90$2.10$2.9080%0.72$372.10
$377.50$375.00Sep 11$1.65$0.85$1.65100%0.52$375.85
$365.00$360.00Sep 18$2.60$2.40$2.6070%0.92$362.40
$347.50$345.00Sep 18$0.20$2.30$0.2037%11.50$347.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 97 found (best R:R 0.67, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$395.00$400.00Sep 11$2.00$2.00$3.0087%0.67$397.00
$375.00$380.00Oct 16$3.00$3.00$2.0066%1.50$378.00
$355.00$360.00Sep 25$3.55$3.55$1.4550%2.45$358.55
$377.50$380.00Sep 18$1.40$1.40$1.1083%1.27$378.90
$380.00$385.00Oct 9$2.07$2.07$2.9375%0.71$382.07
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$330.00$295.00Oct 23$6.65$6.65$28.3571%0.23$323.35
$350.00$330.00Oct 23$8.25$8.25$11.7556%0.70$341.75
$325.00$310.00Oct 2$2.07$2.07$12.9384%0.16$322.93
$340.00$335.00Oct 16$2.20$2.20$2.8067%0.79$337.80
$340.00$335.00Sep 25$1.82$1.82$3.1872%0.57$338.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $3.88, cheapest $2.50)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$350.00Sep 11Sep 18$4.1049.5%32.2%
$352.50Sep 11Sep 18$3.7538.6%37.2%
$355.00Sep 11Sep 18$5.3534.8%43.4%
$357.50Sep 11Sep 18$5.5027.9%41.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$350.00Sep 11Sep 18$2.5049.5%32.2%
$355.00Sep 11Sep 18$2.0534.8%43.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 2.29% of stock, avg 6.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$352.50Sep 11$4.90$3.20$8.10$344.40$360.602.29%
$357.50Sep 11$1.50$7.50$9.00$348.50$366.502.55%
$355.00Sep 11$3.15$6.50$9.65$345.35$364.652.73%
$350.00Sep 11$6.45$3.25$9.70$340.30$359.702.75%
$347.50Sep 11$7.90$2.50$10.40$337.10$357.902.94%
$360.00Sep 11$1.95$8.70$10.65$349.35$370.653.01%
$362.50Sep 11$1.00$10.80$11.80$350.70$374.303.34%
$342.50Sep 11$11.65$1.00$12.65$329.85$355.153.58%
$340.00Sep 11$13.80$0.65$14.45$325.55$354.454.09%
$365.00Sep 11$0.93$13.60$14.53$350.47$379.534.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.55% of stock, avg 3.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$365.00$342.50Sep 11$0.93$1.00$1.93$340.57$366.93
$362.50$342.50Sep 11$1.00$1.00$2.00$340.50$364.50
$365.00$345.00Sep 11$0.93$1.20$2.13$342.87$367.13
$362.50$345.00Sep 11$1.00$1.20$2.20$342.80$364.70
$357.50$342.50Sep 11$1.50$1.00$2.50$340.00$360.00
$357.50$345.00Sep 11$1.50$1.20$2.70$342.30$360.20
$360.00$342.50Sep 11$1.95$1.00$2.95$339.55$362.95
$360.00$345.00Sep 11$1.95$1.20$3.15$341.85$363.15
$362.50$347.50Sep 11$1.00$2.50$3.50$344.00$366.00
$365.00$347.50Sep 11$0.93$2.50$3.43$344.07$368.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 176 found (best R:R 3.46, avg credit $1.96)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
295/300375/380Oct 16$3.88$1.1257%3.46$296.12$378.88
335/338395/400Sep 11$2.85$2.1573%1.33$334.65$397.85
305/310375/380Oct 16$3.78$1.2254%3.10$306.22$378.78
315/320375/380Oct 16$3.82$1.1849%3.24$316.18$378.82
325/330375/380Oct 16$4.15$0.8542%4.88$325.85$379.15
290/295375/380Oct 16$3.22$1.7860%1.81$291.78$378.22
345/348395/400Sep 11$3.30$1.7057%1.94$344.20$398.30
330/335375/380Oct 16$4.25$0.7538%5.67$330.75$379.25
320/325375/380Oct 16$3.75$1.2546%3.00$321.25$378.75
335/340370/375Sep 25$3.94$1.0642%3.72$336.06$373.94

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 75.92, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$352.50$355.00$357.50Sep 11$0.10$2.4025%24.00
$350.00$355.00$360.00Oct 23$0.15$4.858%32.33
$360.00$365.00$370.00Sep 25$0.40$4.6011%11.50
$410.00$415.00$420.00Oct 16$0.16$4.842%30.25
$390.00$395.00$400.00Oct 16$0.28$4.724%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$335.00$345.00$355.00Oct 9$0.13$9.8722%75.92
$370.00$375.00$380.00Oct 16$0.10$4.9011%49.00
$325.00$330.00$335.00Oct 16$0.10$4.908%49.00
$355.00$357.50$360.00Sep 11$0.20$2.3018%11.50
$325.00$330.00$335.00Oct 9$0.20$4.809%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. 123 found (best net $-13.10, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$320.00$340.001:2Oct 16-$9.40$10.60
$340.00$350.001:2Sep 18-$4.95$5.05
$360.00$370.001:2Oct 9-$2.30$7.70
$380.00$395.001:2Oct 23-$3.30$11.70
$350.00$360.001:2Oct 9-$4.75$5.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$390.001:2Oct 16-$13.10$16.90
$350.00$330.001:2Oct 23-$1.50$18.50
$390.00$375.001:2Sep 25-$8.70$6.30
$345.00$335.001:2Oct 9-$2.61$7.39
$340.00$335.001:2Sep 18-$0.68$4.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 3.99%, avg 1.03%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$360.00Oct 23$14.100.481.9%3.99%5.91%33
$355.00Oct 23$16.400.520.5%4.64%5.14%2--
$370.00Oct 23$10.100.414.7%2.86%7.60%34
$375.00Oct 23$8.400.376.2%2.38%8.54%73
$380.00Oct 23$6.800.347.6%1.93%9.50%47
$400.00Oct 23$5.600.2213.2%1.59%14.82%34
$355.00Oct 16$14.400.530.5%4.08%4.57%2387
$365.00Oct 16$9.300.433.3%2.63%5.96%17160
$395.00Oct 23$3.000.2511.8%0.85%12.67%3--
$360.00Oct 16$10.100.481.9%2.86%4.77%48110

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 3,070
Total Puts 3,413
Put/Call Ratio 1.11
Net Difference -343

Prior's Put/Call Breakdown

Total Calls 9,603
Total Puts 7,024
Put/Call Ratio 0.73
Net Difference 2,579

Prior 7-Day Put/Call Summary

Total Calls 22,687
Total Puts 21,483
Average Put/Call Ratio 1.08
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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