Tour v414
IWM
iShares Russell 2000 ETF
$291.76 +0.20%
7/27 10:40

Option Volume

Detail
Current (07/27 10:40am) 711,110
Calls: 169,919 (24%)
Puts: 541,191 (76%)
Prior (07/24) 396,974
Calls: 157,385 (40%)
Puts: 239,589 (60%)
Current vs Prior +79.13%
Calls: +7.96% (Calls)
Puts: +125.88% (Puts)
Prior 7-Day Total 5,033,949
Calls: 1,316,522 (26%)
Puts: 3,717,427 (74%)
Prior 7-Day Average 719,135
Calls: 188,074 (26%)
Puts: 531,061 (74%)
Current vs Prior 7-Day Avg -1.12%
Calls: -9.65%
Puts: +1.91%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:40am) $124.97M
Calls: $11.10M (9%)
Puts: $113.87M (91%)
Prior (07/24) $43.73M
Calls: $10.80M (25%)
Puts: $32.93M (75%)
Current vs Prior +185.79%
Calls: +2.84%
Puts: +245.77%
Prior 7-Day Total $721.50M
Calls: $89.45M (12%)
Puts: $632.06M (88%)
Prior 7-Day Average $103.07M
Calls: $12.78M (12%)
Puts: $90.29M (88%)
Current vs Prior 7-Day Avg +21.25%
Calls: -13.10%
Puts: +26.11%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:40am) 3.19
Prior (07/24) 1.52
Current vs Prior +109.22%
Prior 7-Day Average 3.09
Current vs Prior 7-Day Avg +2.94%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:40am) 2,808,902
Calls: 582,980 (21%)
Puts: 2,225,922 (79%)
Prior (07/24) 2,897,107
Calls: 660,940 (23%)
Puts: 2,236,167 (77%)
Current vs Prior -3.04%
Prior 7-Day Total 19,750,519
Calls: 4,158,820 (21%)
Puts: 15,591,699 (79%)
Prior 7-Day Average 2,821,502
Calls: 594,117 (21%)
Puts: 2,227,385 (79%)
Current vs Prior 7-Day Avg -0.45%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/27) | Next (07/28)Expiry (07/27) | Next (07/29)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.83% | 1.26%0.83% | 1.81%2.43% | 3.36%4.71% | 6.62%
Prior 1.16% | 1.50%0.38% | 1.16%0.38% | 2.50%4.71% | 6.62%
Current vs Prior -28.77% | -15.94%+117.55% | +55.41%+538.27% | +34.32%+0.00% | -0.12%
Prior 7-Day Avg 1.16% | 1.50%0.38% | 1.16%0.38% | 2.50%4.71% | 6.62%
Current vs 7-Day Avg -28.77% | -15.94%+117.55% | +55.41%+538.27% | +34.32%+0.00% | -0.12%
Prior 7-Day Eod 1.16% | 1.50%1.14% | 1.94%2.51% | 3.41%4.72% | 6.63%
Current vs 7-Day Eod -28.77% | -15.94%-27.49% | -6.59%-3.22% | -1.53%-0.22% | -0.22%
Sentiment BULLISHBEARISHBEARISHNEUTRAL

Relative Spread

Detail
Expiry | Next
Current 2.41% | 1.65%
Calls: 2.80% | 1.44%
Puts: 2.02% | 1.86%
Prior 8.34% | 5.07%
Calls: 6.67% | 5.85%
Puts: 10.00% | 4.29%
Current vs Prior -71.10% | -67.46%
Prior 7-Day Avg 8.34% | 5.07%
Calls: 6.67% | 5.85%
Puts: 10.00% | 4.29%
Current vs 7-Day Avg -71.10% | -67.46%
Liquidity Good
+
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🤖 AI Insights

Strong bearish conviction with 91% of dollar volume in puts ($113.87M) vs calls ($11.10M). Massive premium surge with dollar volume up 186% vs prior. Above-average activity with volume up 79% vs prior. Extreme bearish P/C ratio of 3.19 - heavy put buying.

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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:40BEARISHBEARISHBEARISH
10:35BEARISHBEARISHBEARISH
10:30BEARISHBEARISHBEARISH
10:25BEARISHBEARISHBEARISH
10:20BEARISHBEARISHBEARISH
10:15BEARISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
10:05BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
09:50BEARISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
09:40BULLISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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 885 of results (avg 3.3%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$268.00Jul 2723.7723.90$23.840.5%101.00--
$269.00Jul 2722.7722.90$22.840.6%421.00--
$270.00Jul 2721.7721.90$21.840.6%421.00--
$235.00Jul 3156.7757.12$56.950.6%--1.0020
$271.00Jul 2720.7720.90$20.840.6%221.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 2858.0458.32$58.180.5%201.00--
$315.00Jul 2723.1023.24$23.170.6%61.00--
$310.00Jul 2718.1018.24$18.170.8%61.00--
$305.00Jul 2713.1213.24$13.180.9%21.00--
$291.00Jul 291.982.00$1.991.0%2960.441.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 258 found (avg $0.44, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$298.00Jul 280.050.06$0.0616.7%7940.04753
$317.50Aug 140.060.07$0.0714.3%2100.02305
$301.00Jul 290.070.08$0.0812.5%620.043.9K
$295.00Jul 270.090.10$0.1010.0%35.0K0.095.6K
$320.00Aug 210.090.10$0.1010.0%2710.027.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$274.00Jul 290.050.06$0.0616.7%--0.0269
$261.00Jul 310.050.06$0.0616.7%30.01645
$287.00Jul 270.060.07$0.0714.3%1.6K0.0511.0K
$275.00Jul 290.060.07$0.0714.3%80.02797
$263.00Jul 310.060.07$0.0714.3%--0.011.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 384 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 2731.6631.96$31.810.9%11.00--
$261.00Jul 2730.6630.96$30.811.0%91.00--
$262.00Jul 2729.6929.96$29.830.9%81.00--
$263.00Jul 2728.7028.96$28.830.9%171.00--
$264.00Jul 2727.7027.96$27.830.9%171.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$306.00Jul 3114.0914.35$14.221.8%601.00--
$307.00Jul 3115.0315.37$15.202.2%301.00--
$350.00Jul 2858.0458.32$58.180.5%201.00--
$315.00Jul 2723.1023.24$23.170.6%61.00--
$305.00Jul 2713.1213.24$13.180.9%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 925 active (total vol 710.9K, top 57.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Jul 270.040.05$0.0520.0%35.7K0.043.1K
$295.00Jul 270.090.10$0.1010.0%35.0K0.095.6K
$294.00Jul 270.200.21$0.214.8%16.7K0.172.3K
$297.00Jul 270.020.03$0.0333.3%10.2K0.032.2K
$293.00Jul 270.420.44$0.434.7%10.1K0.302.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Jul 312.482.54$2.512.4%57.9K0.41113.8K
$286.00Aug 214.254.31$4.281.4%46.2K0.36889
$293.00Jul 271.581.61$1.601.9%44.0K0.702.7K
$292.00Jul 270.981.00$0.992.0%43.7K0.532.0K
$281.00Aug 213.033.09$3.062.0%32.0K0.2731.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 127 strikes (avg 146.4%, max 624.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 27Sep 4125.4%17.3%624.1%1315
$315.00Jul 27Sep 4105.9%17.7%499.3%741
$260.00Jul 27Aug 28155.3%29.2%431.7%110
$261.00Jul 27Aug 21150.5%30.0%402.0%911
$310.00Jul 27Sep 485.7%18.4%366.3%9147
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 27Aug 28203.2%32.5%525.6%--86
$310.00Jul 27Aug 2185.7%17.6%388.2%16610
$267.00Jul 27Sep 4122.2%26.5%360.9%132
$268.00Jul 27Sep 4117.5%26.3%347.7%18200
$269.00Jul 27Sep 4112.8%26.0%334.0%236

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 519 found (best R:R 89.91, avg 3.95)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$326.00$336.00Sep 4$0.11$9.89$0.1189.91$326.11
$320.00$325.00Aug 28$0.12$4.88$0.1240.67$320.12
$315.00$320.00Aug 28$0.26$4.74$0.2618.23$315.26
$305.00$307.00Aug 6$0.11$1.89$0.1117.18$305.11
$318.00$320.00Sep 4$0.12$1.88$0.1215.67$318.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$269.00$261.00Aug 4$0.14$7.86$0.1456.14$268.86
$260.00$255.00Aug 14$0.12$4.88$0.1240.67$259.88
$255.00$250.00Aug 21$0.13$4.87$0.1337.46$254.87
$250.00$245.00Aug 28$0.13$4.87$0.1337.46$249.87
$245.00$240.00Sep 4$0.13$4.87$0.1337.46$244.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 668 found (best R:R 51.94, avg 2.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$245.00$250.00Aug 21$4.90$4.90$0.1049.00$249.90
$260.00$266.00Aug 7$5.87$5.87$0.1345.15$265.87
$250.00$255.00Aug 14$4.89$4.89$0.1144.45$254.89
$255.00$260.00Aug 14$4.88$4.88$0.1240.67$259.88
$250.00$255.00Aug 21$4.87$4.87$0.1337.46$254.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.83$8.83$0.1751.94$311.17
$302.00$300.00Jul 30$1.89$1.89$0.1117.18$300.11
$295.00$294.00Jul 27$0.90$0.90$0.109.00$294.10
$299.00$298.00Jul 29$0.90$0.90$0.109.00$298.10
$308.00$305.00Aug 14$2.68$2.68$0.328.37$305.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 77 found (avg debit $0.42, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$307.50Aug 4Aug 6$0.0517.8%17.5%
$311.00Jul 31Aug 7$0.0623.6%18.1%
$297.00Jul 27Jul 28$0.0835.6%20.4%
$283.00Jul 27Jul 28$0.1046.7%30.4%
$284.00Jul 27Jul 28$0.1448.1%29.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$304.00Jul 28Jul 29$0.0526.2%23.6%
$263.00Jul 29Jul 31$0.0550.8%44.0%
$264.00Jul 29Jul 31$0.0550.6%43.1%
$302.00Jul 27Jul 29$0.0751.6%22.5%
$283.00Jul 27Jul 28$0.0846.7%30.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 373 found (cheapest 0.62% of stock, avg 4.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$292.00Jul 27$0.83$0.99$1.82$290.18$293.820.62%
$291.00Jul 27$1.43$0.58$2.01$288.99$293.010.69%
$293.00Jul 27$0.43$1.60$2.03$290.97$295.030.70%
$290.00Jul 27$2.17$0.33$2.50$287.50$292.500.86%
$294.00Jul 27$0.21$2.37$2.58$291.42$296.580.88%
$292.00Jul 28$1.48$1.61$3.09$288.91$295.091.06%
$293.00Jul 28$1.00$2.13$3.13$289.87$296.131.07%
$289.00Jul 27$3.03$0.19$3.22$285.78$292.221.10%
$291.00Jul 28$2.08$1.19$3.27$287.73$294.271.12%
$295.00Jul 27$0.10$3.27$3.37$291.63$298.371.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.06% of stock, avg 2.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$295.00$287.50Jul 27$0.10$0.08$0.18$287.32$295.18
$295.00$288.00Jul 27$0.10$0.11$0.21$287.79$295.21
$294.00$287.50Jul 27$0.21$0.08$0.29$287.21$294.29
$295.00$289.00Jul 27$0.10$0.19$0.29$288.71$295.29
$294.00$288.00Jul 27$0.21$0.11$0.32$287.68$294.32
$294.00$289.00Jul 27$0.21$0.19$0.40$288.60$294.40
$295.00$290.00Jul 27$0.10$0.33$0.43$289.57$295.43
$293.00$287.50Jul 27$0.43$0.08$0.51$286.99$293.51
$293.00$288.00Jul 27$0.43$0.11$0.54$287.46$293.54
$294.00$290.00Jul 27$0.21$0.33$0.54$289.46$294.54

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 606 found (best R:R 19.00, avg credit $1.10)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
255/260265/270Aug 21$4.75$0.2519.00$255.25$269.75
250/255265/270Aug 21$4.69$0.3115.13$250.31$269.69
260/265270/276Aug 14$5.57$0.4312.95$259.43$275.57
250/255260/270Aug 28$9.27$0.7312.70$245.73$269.27
245/250260/270Aug 28$9.23$0.7711.99$240.77$269.23
255/260270/275Aug 21$4.59$0.4111.20$255.41$274.59
255/260270/276Aug 14$5.49$0.5110.76$254.51$275.49
265/267270/276Aug 14$5.48$0.5210.54$261.52$275.48
273/274275/277Aug 21$1.82$0.1810.11$272.18$276.82
250/255270/275Aug 21$4.53$0.479.64$250.47$274.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 130 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$235.00$240.00$245.00Aug 28$0.06$4.9482.33
$250.00$255.00$260.00Aug 21$0.07$4.9370.43
$320.00$325.00$330.00Aug 28$0.07$4.9370.43
$282.00$284.00$286.00Jul 29$0.05$1.9539.00
$315.00$320.00$325.00Aug 28$0.14$4.8634.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$265.00$270.00Aug 6$0.06$4.9482.33
$250.00$255.00$260.00Aug 21$0.06$4.9482.33
$250.00$255.00$260.00Aug 28$0.07$4.9370.43
$255.00$260.00$265.00Aug 14$0.08$4.9261.50
$255.00$260.00$265.00Aug 28$0.12$4.8840.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 392 found (best net $--, 376 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$310.00$316.001:2Jul 28-$0.01$5.99
$320.00$325.001:2Aug 7$0.00$5.00
$335.00$340.001:2Aug 21$0.00$5.00
$330.00$335.001:2Aug 28$0.00$5.00
$310.00$315.001:2Jul 27-$0.01$4.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$240.001:2Jul 29$0.00$20.00
$267.00$250.001:2Jul 27-$0.01$16.99
$256.00$245.001:2Sep 4-$0.23$10.77
$260.00$250.001:2Jul 28-$0.01$9.99
$266.00$260.001:2Jul 28-$0.01$5.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 222 found (best yield 2.71%, avg 0.69%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$293.00Sep 4$7.920.490.4%2.71%3.14%117
$292.00Aug 28$7.660.510.1%2.63%2.71%562
$292.50Aug 28$7.360.490.2%2.52%2.78%113
$294.00Sep 4$7.350.470.8%2.52%3.29%410
$293.00Aug 28$7.070.490.4%2.42%2.85%621
$292.00Aug 21$6.790.500.1%2.33%2.41%15301
$295.00Sep 4$6.810.451.1%2.33%3.44%66
$294.00Aug 28$6.510.470.8%2.23%3.00%6121
$293.00Aug 21$6.200.480.4%2.13%2.55%361.3K
$295.00Aug 28$5.960.441.1%2.04%3.15%675

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 169,919
Total Puts 541,191
Put/Call Ratio 3.19
Net Difference -371,272

Prior's Put/Call Breakdown

Total Calls 157,385
Total Puts 239,589
Put/Call Ratio 1.52
Net Difference -82,204

Prior 7-Day Put/Call Summary

Total Calls 1,316,522
Total Puts 3,717,427
Average Put/Call Ratio 3.09
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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