Tour v527
ISRG
INTUITIVE SURGICAL I
$369.15 +2.41%
$368.68 (-0.13%)🌙
as of 09/11 06:37 PM
9/11 18:37

Option Volume

Detail
Current (09/11) 6,296
Calls: 3,580 (57%)
Puts: 2,716 (43%)
Prior (09/10) 12,117
Calls: 6,246 (52%)
Puts: 5,871 (48%)
Current vs Prior -48.04%
Calls: -42.68% (Calls)
Puts: -53.74% (Puts)
Prior 7-Day Total 53,951
Calls: 28,000 (52%)
Puts: 25,951 (48%)
Prior 7-Day Average 7,707
Calls: 4,000 (52%)
Puts: 3,707 (48%)
Current vs Prior 7-Day Avg -18.31%
Calls: -10.50%
Puts: -26.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/11) $18.10M
Calls: $3.06M (17%)
Puts: $15.03M (83%)
Prior (09/10) $45.51M
Calls: $7.42M (16%)
Puts: $38.10M (84%)
Current vs Prior -60.24%
Calls: -58.70%
Puts: -60.54%
Prior 7-Day Total $153.04M
Calls: $34.35M (22%)
Puts: $118.70M (78%)
Prior 7-Day Average $21.86M
Calls: $4.91M (22%)
Puts: $16.96M (78%)
Current vs Prior 7-Day Avg -17.23%
Calls: -37.56%
Puts: -11.34%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/11) 0.76
Prior (09/10) 0.94
Current vs Prior -19.29%
Prior 7-Day Average 1.03
Current vs Prior 7-Day Avg -26.59%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/11) 52,834
Calls: 25,552 (48%)
Puts: 27,282 (52%)
Prior (09/10) 54,832
Calls: 30,189 (55%)
Puts: 24,643 (45%)
Current vs Prior -3.64%
Prior 7-Day Total 375,500
Calls: 202,375 (54%)
Puts: 173,125 (46%)
Prior 7-Day Average 53,642
Calls: 28,910 (54%)
Puts: 24,732 (46%)
Current vs Prior 7-Day Avg -1.51%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 1.55% | 4.20%4.20% | 8.78%
Prior 2.32% | 4.38%4.38% | 9.42%
Current vs Prior +81.04% | +27.62%-4.21% | -6.81%
Prior 7-Day Avg 3.12% | 4.69%5.48% | 9.89%
Current vs 7-Day Avg +34.42% | +19.18%-23.38% | -11.22%
Prior 7-Day Eod 2.32% | 4.38%4.38% | 9.42%
Current vs 7-Day Eod +81.04% | +27.62%-4.21% | -6.81%
Sentiment BEARISHBULLISH

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

Strong bearish conviction with 83% of dollar volume in puts ($15.03M) vs calls ($3.06M). Light premium activity with dollar volume down 60% vs prior. Below-average activity with volume down 48% vs prior.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 8.7%, best 8.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Oct 1638.5042.20$40.359.2%20.8513
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Sep 1868.1074.00$71.058.3%3020.99--

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 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Sep 1841.6048.80$45.2015.9%21.009
$330.00Sep 1836.5043.90$40.2018.4%11.00--
$345.00Sep 1122.6028.40$25.5022.7%10.99--
$362.50Sep 114.5010.90$7.7083.1%290.9853
$347.50Sep 1819.3025.90$22.6029.2%10.933
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Sep 1868.1074.00$71.058.3%3020.99--
$420.00Sep 1848.1054.60$51.3512.7%30.96254
$405.00Sep 1831.4039.20$35.3022.1%10.96--
$400.00Sep 1826.5035.20$30.8528.2%70.94--
$390.00Sep 1817.4025.30$21.3537.0%20.88279

Most actively traded options today. High liquidity = easy entry/exit. 209 active (total vol 4.0K, top 302)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Sep 180.350.50$0.4334.9%3000.061.1K
$370.00Sep 110.103.90$2.00190.0%2530.46124
$360.00Sep 116.7013.40$10.0566.7%2040.76783
$370.00Sep 184.708.00$6.3552.0%1770.47391
$380.00Oct 95.6012.20$8.9074.2%1720.4022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Sep 1868.1074.00$71.058.3%3020.99--
$340.00Oct 164.205.00$4.6017.4%720.201.1K
$360.00Sep 182.504.30$3.4052.9%610.30381
$350.00Sep 110.004.30$2.15200.0%540.18278
$350.00Sep 180.901.65$1.2759.1%490.142.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 1255.9%, max 2521.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$392.50Sep 11Sep 18835.1%33.3%2411.4%1745
$350.00Sep 11Oct 16791.7%33.1%2291.5%25705
$357.50Sep 11Sep 18586.4%27.2%2056.7%423
$355.00Sep 11Oct 23650.1%40.6%1500.3%1539
$360.00Sep 11Oct 16508.4%32.5%1465.7%208917
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$347.50Sep 11Sep 18857.6%32.7%2521.1%19149
$350.00Sep 11Oct 16791.7%33.1%2291.5%631.3K
$357.50Sep 11Sep 18586.4%27.2%2056.7%816
$355.00Sep 11Oct 16650.1%32.4%1905.4%25343
$352.50Sep 11Sep 18724.7%44.0%1546.4%34115

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 109 found (best R:R 29.77, avg 6.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$405.00$425.00Oct 2$0.65$19.35$0.6518%29.77$405.65
$380.00$385.00Oct 16$0.15$4.85$0.1541%32.33$380.15
$355.00$360.00Sep 25$2.20$2.80$2.2073%1.27$357.20
$370.00$375.00Oct 16$1.25$3.75$1.2552%3.00$371.25
$380.00$385.00Oct 2$0.62$4.38$0.6237%7.06$380.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$385.00$380.00Sep 18$2.65$2.35$2.6581%0.89$382.35
$390.00$380.00Sep 25$6.40$3.60$6.4077%0.56$383.60
$350.00$345.00Oct 2$0.40$4.60$0.4023%11.50$349.60
$360.00$355.00Sep 25$0.83$4.17$0.8333%5.02$359.17
$372.50$370.00Sep 11$1.05$1.45$1.0578%1.38$371.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 91 found (best R:R 9.00, avg 0.72)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$375.00$380.00Oct 16$4.50$4.50$0.5052%9.00$379.50
$392.50$400.00Sep 11$2.12$2.12$5.3882%0.39$394.62
$390.00$400.00Oct 2$3.55$3.55$6.4572%0.55$393.55
$395.00$400.00Sep 25$2.30$2.30$2.7078%0.85$397.30
$375.00$380.00Oct 2$3.50$3.50$1.5055%2.33$378.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$347.50$345.00Sep 11$2.12$2.12$0.3884%5.58$345.38
$365.00$335.00Oct 23$10.30$10.30$19.7056%0.52$354.70
$352.50$350.00Sep 18$1.73$1.73$0.7778%2.25$350.77
$360.00$357.50Sep 18$1.75$1.75$0.7570%2.33$358.25
$345.00$340.00Sep 25$1.52$1.52$3.4882%0.44$343.48

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $4.66, cheapest $4.35)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$370.00Sep 11Sep 18$4.35205.4%35.3%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$370.00Sep 11Sep 18$5.20205.4%35.3%
$367.50Sep 11Sep 18$4.42148.8%28.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 52 found (cheapest 1.09% of stock, avg 5.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$367.50Sep 11$3.13$0.88$4.01$363.49$371.511.09%
$372.50Sep 11$0.58$3.65$4.23$368.27$376.731.15%
$370.00Sep 11$2.00$2.60$4.60$365.40$374.601.25%
$365.00Sep 11$4.70$0.90$5.60$359.40$370.601.52%
$375.00Sep 11$0.68$5.65$6.33$368.67$381.331.71%
$362.50Sep 11$7.70$0.03$7.73$354.77$370.232.09%
$377.50Sep 11$1.00$8.60$9.60$367.90$387.102.60%
$372.50Sep 18$4.15$7.70$11.85$360.65$384.353.21%
$360.00Sep 11$10.05$2.10$12.15$347.85$372.153.29%
$375.00Sep 18$2.83$9.30$12.13$362.87$387.133.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.40% of stock, avg 3.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$372.50$365.00Sep 11$0.58$0.90$1.48$363.52$373.98
$372.50$367.50Sep 11$0.58$0.88$1.46$366.04$373.96
$375.00$365.00Sep 11$0.68$0.90$1.58$363.42$376.58
$375.00$367.50Sep 11$0.68$0.88$1.56$365.94$376.56
$377.50$365.00Sep 11$1.00$0.90$1.90$363.10$379.40
$377.50$367.50Sep 11$1.00$0.88$1.88$365.62$379.38
$372.50$360.00Sep 11$0.58$2.10$2.68$357.32$375.18
$372.50$357.50Sep 11$0.58$2.15$2.73$354.77$375.23
$372.50$355.00Sep 11$0.58$2.10$2.68$352.32$375.18
$375.00$355.00Sep 11$0.68$2.10$2.78$352.22$377.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 158 found (best R:R 3.24, avg credit $1.81)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
340/345395/400Sep 25$3.82$1.1860%3.24$341.18$398.82
345/348392/400Sep 11$4.24$3.2666%1.30$343.26$396.74
345/348378/380Sep 11$2.32$0.1864%12.89$345.18$379.82
330/335395/400Sep 25$2.97$2.0368%1.46$332.03$397.97
340/345425/430Sep 25$2.80$2.2070%1.27$342.20$427.80
350/352390/392Sep 18$2.08$0.4266%4.95$350.42$392.08
335/340400/405Oct 16$3.45$1.5555%2.23$336.55$403.45
348/350378/380Sep 18$2.39$0.1152%21.73$347.61$379.89
325/328378/380Sep 18$2.00$0.5064%4.00$325.50$379.50
328/330378/380Sep 18$2.02$0.4862%4.21$327.98$379.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 63 found (best R:R 61.50, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$365.00$367.50$370.00Sep 11$0.44$2.0630%4.68
$372.50$375.00$377.50Sep 25$0.23$2.278%9.87
$372.50$375.00$377.50Sep 11$0.22$2.284%10.36
$340.00$345.00$350.00Oct 16$0.45$4.558%10.11
$400.00$415.00$430.00Oct 23$1.42$13.5814%9.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$350.00$355.00$360.00Sep 25$0.08$4.9210%61.50
$340.00$345.00$350.00Oct 16$0.10$4.908%49.00
$375.00$380.00$385.00Oct 16$0.20$4.8010%24.00
$345.00$350.00$355.00Oct 16$0.25$4.759%19.00
$365.00$370.00$375.00Oct 23$0.25$4.758%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. 127 found (best net $-5.00, 107 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$347.501:2Sep 18-$5.00$12.50
$380.00$400.001:2Oct 23-$2.25$17.75
$390.00$410.001:2Oct 9-$0.22$19.78
$405.00$425.001:2Oct 2-$1.80$18.20
$362.50$365.001:2Sep 11-$1.70$0.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$380.00$365.001:2Oct 9-$2.25$12.75
$370.00$360.001:2Oct 2-$2.20$7.80
$360.00$350.001:2Oct 2-$1.36$8.64
$345.00$330.001:2Oct 2-$0.77$14.23
$320.00$300.001:2Oct 23-$1.25$18.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 4.71%, avg 1.08%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$370.00Oct 23$17.400.530.2%4.71%4.94%1--
$380.00Oct 23$12.700.452.9%3.44%6.38%1--
$400.00Oct 23$5.700.318.4%1.54%9.90%28
$375.00Oct 16$12.200.481.6%3.30%4.89%13171
$370.00Oct 16$14.500.520.2%3.93%4.16%31217
$385.00Oct 16$8.500.384.3%2.30%6.60%287
$390.00Oct 16$6.700.335.7%1.81%7.46%10317
$380.00Oct 16$8.400.412.9%2.28%5.21%6--
$395.00Oct 16$5.600.287.0%1.52%8.52%25179
$415.00Oct 23$2.250.2312.4%0.61%13.03%2154

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 3,580
Total Puts 2,716
Put/Call Ratio 0.76
Net Difference 864

Prior's Put/Call Breakdown

Total Calls 6,246
Total Puts 5,871
Put/Call Ratio 0.94
Net Difference 375

Prior 7-Day Put/Call Summary

Total Calls 28,000
Total Puts 25,951
Average Put/Call Ratio 1.03
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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