Tour v414
IWM
iShares Russell 2000 ETF
$291.44 +0.09%
7/27 10:45

Option Volume

Detail
Current (07/27 10:45am) 739,875
Calls: 180,925 (24%)
Puts: 558,950 (76%)
Prior (07/24) 396,974
Calls: 157,385 (40%)
Puts: 239,589 (60%)
Current vs Prior +86.38%
Calls: +14.96% (Calls)
Puts: +133.30% (Puts)
Prior 7-Day Total 5,298,897
Calls: 1,368,214 (26%)
Puts: 3,930,683 (74%)
Prior 7-Day Average 756,985
Calls: 195,459 (26%)
Puts: 561,526 (74%)
Current vs Prior 7-Day Avg -2.26%
Calls: -7.44%
Puts: -0.46%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:45am) $138.15M
Calls: $11.27M (8%)
Puts: $126.88M (92%)
Prior (07/24) $43.73M
Calls: $10.80M (25%)
Puts: $32.93M (75%)
Current vs Prior +215.92%
Calls: +4.36%
Puts: +285.29%
Prior 7-Day Total $794.56M
Calls: $89.35M (11%)
Puts: $705.21M (89%)
Prior 7-Day Average $113.51M
Calls: $12.76M (11%)
Puts: $100.74M (89%)
Current vs Prior 7-Day Avg +21.71%
Calls: -11.71%
Puts: +25.94%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:45am) 3.09
Prior (07/24) 1.52
Current vs Prior +102.94%
Prior 7-Day Average 3.15
Current vs Prior 7-Day Avg -2.01%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:45am) 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 0.85% | 1.31%0.85% | 1.84%2.45% | 3.39%4.74% | 6.65%
Prior 1.16% | 1.50%0.38% | 1.16%0.38% | 2.50%4.71% | 6.62%
Current vs Prior -27.21% | -12.87%+122.32% | +57.67%+543.57% | +35.72%+0.49% | +0.43%
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 -27.21% | -12.87%+122.32% | +57.67%+543.57% | +35.72%+0.49% | +0.43%
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 -27.21% | -12.87%-25.90% | -5.23%-2.41% | -0.50%+0.27% | +0.32%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.04% | 1.57%
Calls: 2.48% | 1.56%
Puts: 1.59% | 1.58%
Prior 8.34% | 5.07%
Calls: 6.67% | 5.85%
Puts: 10.00% | 4.29%
Current vs Prior -75.54% | -69.03%
Prior 7-Day Avg 8.34% | 5.07%
Calls: 6.67% | 5.85%
Puts: 10.00% | 4.29%
Current vs 7-Day Avg -75.54% | -69.03%
Liquidity Good
+
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🤖 AI Insights

Strong bearish conviction with 92% of dollar volume in puts ($126.88M) vs calls ($11.27M). Massive premium surge with dollar volume up 216% vs prior. Above-average activity with volume up 86% vs prior. Extreme bearish P/C ratio of 3.09 - 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
10:45BEARISHBEARISHBEARISH
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 888 of results (avg 3.6%, best 0.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 3156.3856.69$56.540.5%--1.0020
$299.00Aug 213.183.20$3.190.6%1180.321.2K
$235.00Aug 2157.0457.42$57.230.7%--1.00551
$268.00Jul 2723.3623.52$23.440.7%111.00--
$235.00Aug 2857.2857.68$57.480.7%51.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$315.00Jul 2723.4823.64$23.560.7%81.00--
$310.00Jul 2718.4818.64$18.560.9%61.00--
$291.00Jul 292.202.22$2.210.9%4790.481.4K
$293.00Jul 293.153.18$3.170.9%4720.61540
$305.00Jul 2713.5113.64$13.581.0%21.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 256 found (avg $0.46, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$298.00Jul 280.050.06$0.0616.7%8200.04753
$306.00Jul 310.050.06$0.0616.7%2350.021.1K
$295.00Jul 270.070.08$0.0812.5%36.0K0.075.6K
$305.00Jul 310.070.08$0.0812.5%2030.032.1K
$321.00Aug 210.070.08$0.0812.5%--0.02455
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$286.00Jul 270.050.06$0.0616.7%1.8K0.051.4K
$260.00Jul 310.050.06$0.0616.7%140.011.7K
$287.00Jul 270.090.10$0.1010.0%1.7K0.0811.0K
$276.00Jul 290.090.10$0.1010.0%50.03296
$271.00Jul 300.100.12$0.1118.2%--0.0353

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 385 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 2731.2431.55$31.401.0%11.00--
$261.00Jul 2730.2430.52$30.380.9%91.00--
$262.00Jul 2729.2429.53$29.391.0%81.00--
$263.00Jul 2728.2428.55$28.401.1%171.00--
$264.00Jul 2727.2427.55$27.401.1%171.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$299.00Jul 287.527.79$7.653.5%101.0021
$300.00Jul 288.528.78$8.653.0%101.0010
$301.00Jul 289.519.77$9.642.7%21.00--
$304.00Jul 2812.5112.76$12.642.0%--1.0010
$305.00Jul 2813.5113.76$13.641.8%401.00--

Most actively traded options today. High liquidity = easy entry/exit. 939 active (total vol 739.7K, top 57.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Jul 270.030.04$0.0425.0%36.9K0.043.1K
$295.00Jul 270.070.08$0.0812.5%36.0K0.075.6K
$294.00Jul 270.160.17$0.175.9%17.7K0.132.3K
$293.00Jul 270.350.36$0.362.8%11.4K0.232.8K
$297.00Jul 270.020.03$0.0333.3%10.2K0.022.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Jul 312.662.74$2.703.0%57.9K0.43113.8K
$286.00Aug 214.434.55$4.492.7%46.3K0.37889
$292.00Jul 271.251.27$1.261.6%44.8K0.622.0K
$293.00Jul 271.891.94$1.922.6%44.8K0.772.7K
$281.00Aug 213.173.27$3.223.1%32.0K0.2831.8K

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 148.7%, max 631.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 27Sep 4128.7%17.6%631.6%1315
$315.00Jul 27Sep 4109.0%17.9%508.7%741
$260.00Jul 27Aug 28154.2%29.3%425.6%110
$261.00Jul 27Aug 21149.4%30.2%394.2%911
$310.00Jul 27Sep 488.7%18.5%379.1%9147
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 27Sep 4202.5%31.6%540.7%119
$310.00Jul 27Aug 2188.7%17.7%402.4%16610
$267.00Jul 27Sep 4120.8%26.6%354.5%132
$268.00Jul 27Sep 4116.1%26.3%341.4%18200
$269.00Jul 27Sep 4111.4%26.2%325.7%236

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 531 found (best R:R 99.00, avg 4.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$326.00$336.00Sep 4$0.10$9.90$0.1099.00$326.10
$320.00$325.00Aug 28$0.11$4.89$0.1144.45$320.11
$315.00$320.00Aug 28$0.24$4.76$0.2419.83$315.24
$305.00$307.00Aug 6$0.10$1.90$0.1019.00$305.10
$318.00$320.00Sep 4$0.11$1.89$0.1117.18$318.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$269.00$261.00Aug 4$0.15$7.85$0.1552.33$268.85
$250.00$245.00Aug 21$0.10$4.90$0.1049.00$249.90
$245.00$240.00Aug 28$0.10$4.90$0.1049.00$244.90
$260.00$255.00Aug 14$0.13$4.87$0.1337.46$259.87
$250.00$245.00Aug 28$0.13$4.87$0.1337.46$249.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 682 found (best R:R 59.00, avg 2.03)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$260.00Aug 7$4.89$4.89$0.1144.45$259.89
$250.00$255.00Aug 14$4.89$4.89$0.1144.45$254.89
$250.00$255.00Aug 21$4.89$4.89$0.1144.45$254.89
$240.00$245.00Aug 28$4.89$4.89$0.1144.45$244.89
$245.00$250.00Aug 21$4.87$4.87$0.1337.46$249.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.85$8.85$0.1559.00$311.15
$302.00$300.00Jul 30$1.88$1.88$0.1215.67$300.12
$302.00$300.00Aug 3$1.77$1.77$0.237.70$300.23
$304.00$300.00Aug 5$3.52$3.52$0.487.33$300.48
$308.00$305.00Aug 14$2.63$2.63$0.377.11$305.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 86 found (avg debit $0.41, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$307.50Aug 4Aug 6$0.0518.3%17.9%
$282.00Jul 27Jul 28$0.0649.4%32.2%
$311.00Jul 31Aug 7$0.0624.2%18.6%
$297.00Jul 27Jul 28$0.0839.1%21.6%
$283.00Jul 27Jul 28$0.0951.0%31.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$235.00Jul 31Aug 7$0.0571.2%51.2%
$281.00Jul 27Jul 28$0.0654.3%33.5%
$301.00Jul 27Jul 28$0.0650.0%24.6%
$305.00Jul 27Jul 28$0.0667.6%29.2%
$263.00Jul 29Jul 31$0.0651.5%44.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 375 found (cheapest 0.67% of stock, avg 4.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$292.00Jul 27$0.70$1.26$1.96$290.04$293.960.67%
$291.00Jul 27$1.21$0.78$1.99$289.01$292.990.68%
$293.00Jul 27$0.36$1.92$2.28$290.72$295.280.78%
$290.00Jul 27$1.89$0.46$2.35$287.65$292.350.81%
$294.00Jul 27$0.17$2.73$2.90$291.10$296.901.00%
$289.00Jul 27$2.70$0.27$2.97$286.03$291.971.02%
$292.00Jul 28$1.37$1.90$3.27$288.73$295.271.12%
$291.00Jul 28$1.92$1.45$3.37$287.63$294.371.16%
$293.00Jul 28$0.93$2.46$3.39$289.61$296.391.16%
$290.00Jul 28$2.56$1.10$3.66$286.34$293.661.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.07% of stock, avg 2.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$295.00$287.50Jul 27$0.08$0.13$0.21$287.29$295.21
$295.00$288.00Jul 27$0.08$0.17$0.25$287.75$295.25
$294.00$287.50Jul 27$0.17$0.13$0.30$287.20$294.30
$294.00$288.00Jul 27$0.17$0.17$0.34$287.66$294.34
$295.00$289.00Jul 27$0.08$0.27$0.35$288.65$295.35
$294.00$289.00Jul 27$0.17$0.27$0.44$288.56$294.44
$293.00$287.50Jul 27$0.36$0.13$0.49$287.01$293.49
$293.00$288.00Jul 27$0.36$0.17$0.53$287.47$293.53
$295.00$290.00Jul 27$0.08$0.46$0.54$289.46$295.54
$293.00$289.00Jul 27$0.36$0.27$0.63$288.37$293.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 653 found (best R:R 20.74, avg credit $1.13)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
255/260265/270Aug 21$4.77$0.2320.74$255.23$269.77
250/255265/270Aug 21$4.71$0.2916.24$250.29$269.71
245/250265/270Aug 21$4.67$0.3314.15$245.33$269.67
260/265270/276Aug 14$5.59$0.4113.63$259.41$275.59
250/255260/270Aug 28$9.31$0.6913.49$245.69$269.31
245/250260/270Aug 28$9.25$0.7512.33$240.75$269.25
240/245260/270Aug 28$9.22$0.7811.82$235.78$269.22
255/260270/276Aug 14$5.50$0.5011.00$254.50$275.50
255/260270/275Aug 21$4.57$0.4310.63$255.43$274.57
265/267270/276Aug 14$5.48$0.5210.54$261.52$275.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 125 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$240.00$245.00$250.00Aug 21$0.05$4.9599.00
$250.00$255.00$260.00Aug 21$0.07$4.9370.43
$315.00$320.00$325.00Aug 28$0.13$4.8737.46
$265.00$270.00$275.00Aug 21$0.20$4.8024.00
$303.00$305.00$307.00Aug 6$0.09$1.9121.22
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$240.00$245.00$250.00Sep 4$0.05$4.9599.00
$250.00$255.00$260.00Aug 21$0.06$4.9482.33
$245.00$250.00$255.00Aug 28$0.06$4.9482.33
$250.00$255.00$260.00Aug 28$0.07$4.9370.43
$260.00$265.00$270.00Aug 6$0.09$4.9154.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 390 found (best net $--, 376 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$310.00$316.001:2Jul 28-$0.01$5.99
$310.00$315.001:2Aug 4$0.00$5.00
$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
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
$260.00$250.001:2Jul 28-$0.01$9.99
$269.00$261.001:2Aug 4$0.00$8.00
$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. 217 found (best yield 2.65%, avg 0.68%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$293.00Sep 4$7.710.480.5%2.65%3.18%117
$292.00Aug 28$7.420.490.2%2.55%2.74%562
$292.50Aug 28$7.130.490.4%2.45%2.81%113
$294.00Sep 4$7.150.460.9%2.45%3.33%410
$293.00Aug 28$6.840.480.5%2.35%2.88%621
$295.00Sep 4$6.610.441.2%2.27%3.49%66
$292.00Aug 21$6.570.490.2%2.25%2.45%32301
$294.00Aug 28$6.290.460.9%2.16%3.04%8121
$293.00Aug 21$5.990.470.5%2.06%2.59%371.3K
$295.00Aug 28$5.760.431.2%1.98%3.20%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 180,925
Total Puts 558,950
Put/Call Ratio 3.09
Net Difference -378,025

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 1,368,214
Total Puts 3,930,683
Average Put/Call Ratio 3.15
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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