Tour v452
IWM
iShares Russell 2000 ETF
$293.18 +0.09%
7/28 15:14

Option Volume

Detail
Current (07/28) 1,363,980
Calls: 512,213 (38%)
Puts: 851,767 (62%)
Prior (07/27) 1,692,431
Calls: 505,113 (30%)
Puts: 1,187,318 (70%)
Current vs Prior -19.41%
Calls: +1.41% (Calls)
Puts: -28.26% (Puts)
Prior 7-Day Total 9,882,720
Calls: 3,149,080 (32%)
Puts: 6,733,640 (68%)
Prior 7-Day Average 1,411,817
Calls: 449,868 (32%)
Puts: 961,948 (68%)
Current vs Prior 7-Day Avg -3.39%
Calls: +13.86%
Puts: -11.45%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28) $109.08M
Calls: $49.58M (45%)
Puts: $59.50M (55%)
Prior (07/27) $174.80M
Calls: $36.02M (21%)
Puts: $138.78M (79%)
Current vs Prior -37.60%
Calls: +37.65%
Puts: -57.12%
Prior 7-Day Total $1.03B
Calls: $261.40M (25%)
Puts: $769.84M (75%)
Prior 7-Day Average $147.32M
Calls: $37.34M (25%)
Puts: $109.98M (75%)
Current vs Prior 7-Day Avg -25.96%
Calls: +32.77%
Puts: -45.90%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28) 1.66
Prior (07/27) 2.35
Current vs Prior -29.26%
Prior 7-Day Average 2.34
Current vs Prior 7-Day Avg -28.99%
Sentiment BEARISH

Open Interest

Detail
Current (07/28) 2,903,123
Calls: 607,391 (21%)
Puts: 2,295,732 (79%)
Prior (07/27) 2,808,902
Calls: 582,980 (21%)
Puts: 2,225,922 (79%)
Current vs Prior +3.35%
Prior 7-Day Total 17,173,921
Calls: 3,812,463 (22%)
Puts: 13,361,458 (78%)
Prior 7-Day Average 2,453,417
Calls: 544,637 (22%)
Puts: 1,908,779 (78%)
Current vs Prior 7-Day Avg +18.33%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/28) | Next (07/29)Expiry (07/29) | Next (07/31)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.42% | 1.47%1.47% | 2.09%2.09% | 3.04%4.43% | 6.35%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -60.04% | -7.58%+299.65% | +31.36%-1.06% | -1.09%-3.37% | -2.04%
Prior 7-Day Avg 1.01% | 1.41%0.69% | 1.52%1.69% | 2.88%3.25% | 5.98%
Current vs 7-Day Avg -58.18% | +4.49%+113.77% | +37.64%+24.10% | +5.71%+36.10% | +6.17%
Prior 7-Day Eod 0.42% | 1.47%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs 7-Day Eod +0.83% | +0.25%+299.65% | +31.36%-1.06% | -1.09%-3.37% | -2.04%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 5.00% | 0.93%
Calls: 5.41% | 0.99%
Puts: 4.60% | 0.87%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior +55.76% | -65.43%
Prior 7-Day Avg 4.47% | 3.38%
Calls: 4.64% | 4.20%
Puts: 4.97% | 3.30%
Current vs 7-Day Avg +11.96% | -72.50%
Liquidity Excellent
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.66 - heavy put buying. P/C ratio dropping 29% - sentiment shifting bullish. Put-heavy open interest (2,295,732 puts vs 607,391 calls) suggests hedging or 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 BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 986 of results (avg 2.8%, best 0.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 3158.1358.49$58.310.6%--1.0020
$235.00Aug 2158.7859.15$58.970.6%--1.00551
$275.00Aug 2120.4120.54$20.480.6%50.842.4K
$276.00Aug 2119.5419.67$19.610.7%20.839
$240.00Jul 3153.1353.49$53.310.7%--1.0058
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 217.147.19$7.170.7%380.561.9K
$295.00Aug 216.676.72$6.700.7%1.2K0.5340.7K
$294.00Aug 216.236.28$6.260.8%920.513.4K
$325.00Jul 2831.6631.93$31.800.8%321.00--
$293.00Aug 215.815.86$5.840.9%4300.484.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 316 found (avg $0.41, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$303.00Jul 300.050.06$0.0616.7%620.03132
$305.00Jul 310.050.06$0.0616.7%1600.032.4K
$312.00Aug 70.050.06$0.0616.7%850.02465
$324.00Aug 210.050.06$0.0616.7%--0.01201
$301.00Jul 290.060.07$0.0714.3%2130.044.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 290.050.06$0.0616.7%1.7K0.023.3K
$274.00Jul 300.050.06$0.0616.7%110.023.0K
$268.00Jul 310.050.06$0.0616.7%480.011.2K
$269.00Jul 310.050.06$0.0616.7%1960.012.8K
$281.00Jul 290.060.07$0.0714.3%6330.03313

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 422 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 2833.0733.34$33.210.8%401.00--
$261.00Jul 2832.0732.35$32.210.9%551.00--
$262.00Jul 2831.0731.34$31.210.9%401.00--
$263.00Jul 2830.0730.34$30.210.9%361.00--
$264.00Jul 2829.0729.34$29.210.9%531.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.00Jul 298.678.94$8.813.1%61.0010
$303.00Jul 299.679.93$9.802.7%41.00--
$304.00Jul 2910.6610.93$10.802.5%101.00--
$305.00Jul 3111.6611.91$11.792.1%501.0032
$313.00Jul 2819.6619.93$19.801.4%391.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,079 active (total vol 1.4M, top 116.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.040.05$0.0520.0%116.2K0.133.1K
$293.00Jul 280.360.38$0.375.4%108.7K0.612.2K
$292.00Jul 281.201.22$1.211.7%54.4K0.93840
$295.00Jul 280.000.01$0.01100.0%45.0K0.023.6K
$291.00Jul 282.142.27$2.215.9%19.1K0.95580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$293.00Jul 280.170.18$0.185.6%106.6K0.393.3K
$292.00Jul 280.020.03$0.0333.3%93.9K0.072.1K
$291.00Jul 280.010.02$0.0250.0%93.1K0.032.0K
$290.00Jul 280.000.01$0.01100.0%65.5K0.014.2K
$285.00Jul 310.680.70$0.692.9%39.8K0.1688.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 135 strikes (avg 462.5%, max 1607.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4291.6%17.1%1607.9%514
$320.00Jul 28Sep 4282.5%17.1%1549.9%643
$317.00Jul 28Sep 4254.8%17.4%1367.8%638
$316.00Jul 28Sep 4245.5%17.4%1309.5%332
$260.00Jul 28Aug 28380.5%29.0%1214.0%5510
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21282.5%16.8%1577.2%8855
$250.00Jul 28Aug 28493.3%32.3%1425.3%1177
$260.00Jul 28Sep 4380.5%28.1%1254.1%628
$266.00Jul 28Sep 4313.8%26.4%1088.9%10127
$267.00Jul 28Sep 4302.7%26.1%1058.4%1350

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 505 found (best R:R 177.57, avg 3.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$325.00Aug 28$0.12$4.88$0.1240.67$320.12
$321.00$324.00Sep 4$0.13$2.87$0.1322.08$321.13
$307.00$310.00Aug 10$0.16$2.84$0.1617.75$307.16
$305.00$307.50Aug 6$0.14$2.36$0.1416.86$305.14
$315.00$320.00Aug 28$0.28$4.72$0.2816.86$315.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$240.00Aug 6$0.14$24.86$0.14177.57$264.86
$245.00$240.00Sep 4$0.10$4.90$0.1049.00$244.90
$269.00$260.00Aug 10$0.20$8.80$0.2044.00$268.80
$251.00$245.00Sep 4$0.16$5.84$0.1636.50$250.84
$260.00$255.00Aug 21$0.14$4.86$0.1434.71$259.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 667 found (best R:R 77.79, avg 2.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.67$25.67$0.3377.79$275.67
$250.00$260.00Aug 14$9.82$9.82$0.1854.56$259.82
$240.00$245.00Aug 28$4.90$4.90$0.1049.00$244.90
$250.00$255.00Aug 21$4.89$4.89$0.1144.45$254.89
$255.00$260.00Aug 21$4.86$4.86$0.1434.71$259.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.87$8.87$0.1368.23$311.13
$299.00$298.00Jul 29$0.89$0.89$0.118.09$298.11
$300.00$299.00Jul 29$0.89$0.89$0.118.09$299.11
$300.00$299.00Jul 30$0.88$0.88$0.127.33$299.12
$308.00$305.00Aug 14$2.64$2.64$0.367.33$305.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 86 found (avg debit $0.45, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$301.00Jul 28Jul 29$0.0696.0%27.6%
$307.50Aug 4Aug 6$0.0617.1%17.0%
$321.00Jul 28Aug 21$0.08291.6%16.8%
$250.00Jul 31Aug 4$0.0863.8%46.0%
$280.00Jul 28Jul 29$0.10159.0%43.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$281.00Jul 28Jul 29$0.06147.9%41.2%
$306.00Jul 28Aug 7$0.07148.2%17.7%
$282.00Jul 28Jul 29$0.08136.7%40.2%
$302.00Jul 29Jul 31$0.0927.4%21.9%
$277.50Jul 30Jul 31$0.0939.3%36.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 403 found (cheapest 0.19% of stock, avg 4.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 28$0.37$0.18$0.55$292.45$293.550.19%
$294.00Jul 28$0.05$0.87$0.92$293.08$294.920.31%
$292.00Jul 28$1.21$0.03$1.24$290.76$293.240.42%
$295.00Jul 28$0.01$1.82$1.83$293.17$296.830.62%
$291.00Jul 28$2.21$0.02$2.23$288.77$293.230.76%
$296.00Jul 28$0.01$2.82$2.83$293.17$298.830.97%
$290.00Jul 28$3.20$0.01$3.21$286.79$293.211.09%
$294.00Jul 29$1.51$2.29$3.80$290.20$297.801.30%
$297.00Jul 28$0.01$3.82$3.83$293.17$300.831.31%
$293.00Jul 29$2.03$1.81$3.84$289.16$296.841.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 352 found (cheapest 0.03% of stock, avg 2.25%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$294.00$292.00Jul 28$0.05$0.03$0.08$291.92$294.08
$294.00$293.00Jul 28$0.05$0.18$0.23$292.77$294.23
$298.00$289.00Jul 29$0.30$0.63$0.93$288.07$298.93
$297.00$289.00Jul 29$0.48$0.63$1.11$287.89$298.11
$298.00$290.00Jul 29$0.30$0.83$1.13$288.87$299.13
$297.00$290.00Jul 29$0.48$0.83$1.31$288.69$298.31
$296.00$289.00Jul 29$0.73$0.63$1.36$287.64$297.36
$298.00$291.00Jul 29$0.30$1.09$1.39$289.61$299.39
$296.00$290.00Jul 29$0.73$0.83$1.56$288.44$297.56
$297.00$291.00Jul 29$0.48$1.09$1.57$289.43$298.57

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 462 found (best R:R 15.95, avg credit $1.13)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/255260/270Aug 28$9.41$0.5915.95$245.59$269.41
270/271272/275Aug 28$2.78$0.2212.64$268.22$274.78
272/274280/282Aug 10$1.85$0.1512.33$272.15$281.85
276/277278/280Aug 14$1.84$0.1611.50$275.16$279.84
273/274275/277Aug 28$1.82$0.1810.11$272.18$276.82
271/272275/277Aug 28$1.81$0.199.53$270.19$276.81
272/273275/277Aug 28$1.81$0.199.53$271.19$276.81
284/285286/288Aug 3$1.35$0.159.00$283.65$287.35
286/287289/290Aug 3$0.90$0.109.00$286.10$289.90
286/287289/290Aug 5$0.90$0.109.00$286.10$289.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 107 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Aug 28$0.07$4.9370.43
$250.00$260.00$270.00Aug 14$0.21$9.7946.62
$315.00$320.00$325.00Aug 28$0.16$4.8430.25
$286.00$288.00$290.00Aug 11$0.09$1.9121.22
$288.00$289.00$290.00Jul 29$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.05$4.9599.00
$250.00$255.00$260.00Aug 28$0.06$4.9482.33
$255.00$260.00$265.00Aug 28$0.08$4.9261.50
$260.00$265.00$270.00Aug 28$0.13$4.8737.46
$296.00$297.00$298.00Jul 29$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 423 found (best net $--, 405 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$282.001:2Aug 5-$1.04$10.96
$310.00$317.001:2Aug 5$0.00$7.00
$281.00$288.001:2Aug 4-$1.11$5.89
$320.00$325.001:2Aug 7$0.00$5.00
$330.00$335.001:2Aug 14$0.00$5.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$261.00$240.001:2Jul 30$0.00$21.00
$260.00$240.001:2Jul 29-$0.01$19.99
$260.00$250.001:2Jul 28-$0.01$9.99
$260.00$250.001:2Aug 10-$0.01$9.99
$269.00$260.001:2Aug 10-$0.01$8.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 211 found (best yield 2.68%, avg 0.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.850.490.3%2.68%2.96%1115
$295.00Sep 4$7.280.480.6%2.48%3.10%2611
$294.00Aug 28$7.000.490.3%2.39%2.67%32124
$296.00Sep 4$6.720.461.0%2.29%3.25%511
$295.00Aug 28$6.440.470.6%2.20%2.82%3582
$294.00Aug 21$6.100.490.3%2.08%2.36%1561.2K
$297.50Sep 4$5.950.431.5%2.03%3.50%11
$296.00Aug 28$5.890.451.0%2.01%2.97%32177
$298.00Sep 4$5.700.421.6%1.94%3.59%9172
$295.00Aug 21$5.540.470.6%1.89%2.51%1.6K27.6K

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 512,213
Total Puts 851,767
Put/Call Ratio 1.66
Net Difference -339,554

Prior's Put/Call Breakdown

Total Calls 505,113
Total Puts 1,187,318
Put/Call Ratio 2.35
Net Difference -682,205

Prior 7-Day Put/Call Summary

Total Calls 3,149,080
Total Puts 6,733,640
Average Put/Call Ratio 2.34
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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