Tour v447
IWM
iShares Russell 2000 ETF
$293.13 +0.08%
(7/28 12:35) ◀
|
Tuesday, July 28, 2026 (12:40pm)
January 2026
|
▶ (7/28 12:45)
◀ 7/28 12:40 ▶

Option Volume

Detail
ℹ
Current (07/28 12:40pm) 990,714
Calls: 362,706 (37%)
Puts: 628,008 (63%)
Prior (07/27) 1,088,113
Calls: 342,569 (31%)
Puts: 745,544 (69%)
Current vs Prior -8.95%
Calls: +5.88% (Calls)
Puts: -15.77% (Puts)
Prior 7-Day Total 7,911,388
Calls: 2,759,296 (35%)
Puts: 5,152,092 (65%)
Prior 7-Day Average 1,130,198
Calls: 394,185 (35%)
Puts: 736,013 (65%)
Current vs Prior 7-Day Avg -12.34%
Calls: -7.99%
Puts: -14.67%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 12:40pm) $86.14M
Calls: $40.59M (47%)
Puts: $45.55M (53%)
Prior (07/27) $124.85M
Calls: $28.67M (23%)
Puts: $96.19M (77%)
Current vs Prior -31.01%
Calls: +41.58%
Puts: -52.64%
Prior 7-Day Total $755.54M
Calls: $253.62M (34%)
Puts: $501.92M (66%)
Prior 7-Day Average $107.93M
Calls: $36.23M (34%)
Puts: $71.70M (66%)
Current vs Prior 7-Day Avg -20.19%
Calls: +12.02%
Puts: -36.47%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/28 12:40pm) 1.73
Prior (07/27) 2.18
Current vs Prior -20.44%
Prior 7-Day Average 1.83
Current vs Prior 7-Day Avg -5.35%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 12:40pm) 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 20,221,624
Calls: 4,280,875 (21%)
Puts: 15,940,749 (79%)
Prior 7-Day Average 2,888,803
Calls: 611,553 (21%)
Puts: 2,277,249 (79%)
Current vs Prior 7-Day Avg +0.50%
Sentiment BULLISH

Expected Move

Detail
ℹ
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 0.55% | 1.38%1.38% | 2.00%2.00% | 2.94%4.31% | 6.26%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -48.10% | -13.56%+273.80% | +25.18%-5.72% | -4.40%-5.88% | -3.50%
Prior 7-Day Avg 1.11% | 1.55%0.38% | 1.38%1.25% | 2.79%4.65% | 6.55%
Current vs 7-Day Avg -50.58% | -11.04%+267.52% | +44.69%+59.80% | +5.47%-7.20% | -4.54%
Prior 7-Day Eod 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs 7-Day Eod -48.10% | -13.56%+273.80% | +25.18%-5.72% | -4.40%-5.88% | -3.50%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 3.69% | 1.23%
Calls: 3.57% | 1.08%
Puts: 3.81% | 1.37%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior +14.95% | -54.28%
Prior 7-Day Avg 5.78% | 3.88%
Calls: 4.97% | 4.64%
Puts: 6.58% | 3.12%
Current vs 7-Day Avg -36.10% | -68.30%
Liquidity Good
+
Add Card

🤖 AI Insights

Extreme bearish P/C ratio of 1.73 - heavy put buying. P/C ratio dropping 20% - 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
12:40BEARISHBEARISHBEARISH
12:35BEARISHBEARISHBEARISH
12:30BEARISHBEARISHBEARISH
12:25BEARISHBEARISHBEARISH
12:20BEARISHBEARISHBEARISH
12:15BEARISHBEARISHBEARISH
12:10BEARISHBEARISHBEARISH
12:05BEARISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHBEARISHBEARISH
11:35BULLISHBEARISHBEARISH
11:30BULLISHBEARISHBEARISH
11:25BULLISHBEARISHBEARISH
11:20BEARISHBEARISHBEARISH
11:15BEARISHBEARISHBEARISH
11:10BEARISHBEARISHBEARISH
11:05BEARISHBEARISHBEARISH
11:00BEARISHBEARISHBEARISH
10:55BEARISHBEARISHBEARISH
10:50BEARISHBEARISHBEARISH
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
09:40BEARISHBEARISHBEARISH
09:35BEARISHBEARISHBEARISH

📈 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 927 of results (avg 3.0%, best 0.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$267.00Jul 2826.0226.18$26.100.6%301.00--
$235.00Aug 2158.6759.04$58.860.6%--1.00551
$240.00Aug 2153.7254.06$53.890.6%21.002.8K
$235.00Jul 3158.0358.40$58.220.6%--1.0020
$268.00Jul 2825.0225.18$25.100.6%411.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$292.00Jul 291.301.31$1.310.8%3.5K0.411.1K
$296.00Aug 217.017.07$7.040.9%130.571.9K
$293.00Aug 215.695.74$5.720.9%1050.494.3K
$325.00Jul 2831.8032.08$31.940.9%321.00--
$324.00Jul 2830.8031.08$30.940.9%521.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 310 found (avg $0.41, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$307.00Aug 40.050.06$0.0616.7%--0.02293
$317.50Aug 140.050.06$0.0616.7%--0.01504
$300.00Jul 290.060.07$0.0714.3%1.7K0.043.9K
$302.00Jul 300.060.07$0.0714.3%3830.03896
$304.00Jul 310.060.07$0.0714.3%4580.032.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$281.00Jul 290.050.06$0.0616.7%5120.02313
$275.00Jul 300.050.06$0.0616.7%190.02276
$270.00Jul 310.050.06$0.0616.7%1920.0113.4K
$291.00Jul 280.060.07$0.0714.3%81.2K0.102.0K
$276.00Jul 300.060.07$0.0714.3%100.021.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 402 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 443.1143.49$43.300.9%401.00--
$250.00Aug 1443.5743.92$43.750.8%--1.0051
$235.00Aug 2158.6759.04$58.860.6%--1.00551
$240.00Aug 2153.7254.06$53.890.6%21.002.8K
$245.00Aug 2148.7849.16$48.970.8%--1.00570
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$297.00Jul 283.833.97$3.903.6%561.00202
$298.00Jul 284.824.97$4.893.1%51.0037
$299.00Jul 285.825.97$5.902.5%171.0017
$300.00Jul 286.826.97$6.902.2%261.006
$304.00Jul 2810.8210.97$10.901.4%21.0010

Most actively traded options today. High liquidity = easy entry/exit. 993 active (total vol 990.6K, top 81.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.150.16$0.166.3%69.8K0.203.1K
$293.00Jul 280.550.57$0.563.6%69.1K0.502.2K
$292.00Jul 281.261.29$1.272.4%51.2K0.77840
$295.00Jul 280.030.04$0.0425.0%34.7K0.063.6K
$291.00Jul 282.152.20$2.172.3%18.7K0.90580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$291.00Jul 280.060.07$0.0714.3%81.2K0.102.0K
$290.00Jul 280.030.04$0.0425.0%61.7K0.054.2K
$292.00Jul 280.160.17$0.175.9%53.0K0.232.1K
$293.00Jul 280.430.45$0.444.5%43.0K0.503.3K
$285.00Jul 310.590.61$0.603.3%39.4K0.1588.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 133 strikes (avg 228.7%, max 832.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4155.0%16.6%832.2%514
$320.00Jul 28Sep 4150.2%16.7%800.4%143
$317.00Jul 28Sep 4135.6%16.9%701.5%638
$316.00Jul 28Sep 4130.7%17.0%669.3%132
$260.00Jul 28Aug 28200.0%28.7%598.0%5310
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21150.2%16.2%824.8%8855
$250.00Jul 28Aug 28259.7%32.0%711.9%1177
$260.00Jul 28Sep 4200.0%27.9%618.2%628
$311.00Jul 28Aug 21105.5%16.6%537.0%2233
$266.00Jul 28Sep 4164.8%26.2%530.0%9127

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 485 found (best R:R 191.31, avg 3.91)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$305.00$307.50Aug 6$0.12$2.38$0.1219.83$305.12
$306.00$310.00Aug 10$0.20$3.80$0.2019.00$306.20
$315.00$320.00Aug 28$0.26$4.74$0.2618.23$315.26
$301.00$302.00Aug 3$0.10$0.90$0.109.00$301.10
$299.00$300.00Jul 30$0.11$0.89$0.118.09$299.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$265.00$240.00Aug 6$0.13$24.87$0.13191.31$264.87
$269.00$260.00Aug 10$0.18$8.82$0.1849.00$268.82
$255.00$250.00Aug 28$0.13$4.87$0.1337.46$254.87
$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. 636 found (best R:R 99.00, avg 2.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.74$25.74$0.2699.00$275.74
$250.00$260.00Aug 14$9.83$9.83$0.1757.82$259.83
$250.00$255.00Aug 21$4.90$4.90$0.1049.00$254.90
$245.00$260.00Aug 28$14.59$14.59$0.4135.59$259.59
$255.00$260.00Aug 21$4.85$4.85$0.1532.33$259.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$301.00$300.00Jul 31$0.89$0.89$0.118.09$300.11
$308.00$305.00Aug 14$2.67$2.67$0.338.09$305.33
$295.00$294.00Jul 28$0.88$0.88$0.127.33$294.12
$300.00$299.00Jul 30$0.88$0.88$0.127.33$299.12
$302.00$300.00Aug 3$1.76$1.76$0.247.33$300.24

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 79 found (avg debit $0.42, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$283.00Jul 28Jul 29$0.0665.2%35.6%
$300.00Jul 28Jul 29$0.0646.1%24.1%
$321.00Jul 28Aug 21$0.06155.0%16.4%
$250.00Jul 31Aug 4$0.0762.5%44.7%
$284.00Jul 28Jul 29$0.1067.7%35.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$301.00Jul 29Jul 31$0.0624.1%20.6%
$245.00Jul 31Aug 7$0.0663.2%45.8%
$282.00Jul 28Jul 29$0.0771.2%36.9%
$277.50Jul 30Jul 31$0.0736.6%33.8%
$299.00Jul 28Jul 29$0.0840.3%23.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 383 found (cheapest 0.34% of stock, avg 4.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 28$0.56$0.44$1.00$292.00$294.000.34%
$294.00Jul 28$0.16$1.05$1.21$292.79$295.210.41%
$292.00Jul 28$1.27$0.17$1.44$290.56$293.440.49%
$295.00Jul 28$0.04$1.93$1.97$293.03$296.970.67%
$291.00Jul 28$2.17$0.07$2.24$288.76$293.240.76%
$296.00Jul 28$0.02$2.91$2.93$293.07$298.931.00%
$290.00Jul 28$3.14$0.04$3.18$286.82$293.181.08%
$294.00Jul 29$1.33$2.19$3.52$290.48$297.521.20%
$293.00Jul 29$1.85$1.70$3.55$289.45$296.551.21%
$295.00Jul 29$0.91$2.76$3.67$291.33$298.671.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.04% of stock, avg 2.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$295.00$291.00Jul 28$0.04$0.07$0.11$290.89$295.11
$295.00$292.00Jul 28$0.04$0.17$0.21$291.79$295.21
$294.00$291.00Jul 28$0.16$0.07$0.23$290.77$294.23
$294.00$292.00Jul 28$0.16$0.17$0.33$291.67$294.33
$295.00$293.00Jul 28$0.04$0.44$0.48$292.52$295.48
$294.00$293.00Jul 28$0.16$0.44$0.60$292.40$294.60
$298.00$289.00Jul 29$0.21$0.56$0.77$288.23$298.77
$297.00$289.00Jul 29$0.36$0.56$0.92$288.08$297.92
$298.00$290.00Jul 29$0.21$0.74$0.95$289.05$298.95
$297.00$290.00Jul 29$0.36$0.74$1.10$288.90$298.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 535 found (best R:R 28.41, avg credit $1.15)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
255/260265/270Aug 21$4.83$0.1728.41$255.17$269.83
250/255260/270Aug 28$9.42$0.5816.24$245.58$269.42
265/270272/277Aug 28$4.69$0.3115.13$265.31$276.69
276/279282/285Aug 10$2.75$0.2511.00$276.25$284.75
276/277278/280Aug 14$1.83$0.1710.76$275.17$279.83
260/265272/277Aug 28$4.57$0.4310.63$260.43$276.57
286/287289/290Jul 30$0.90$0.109.00$286.10$289.90
290/291292/293Aug 3$0.90$0.109.00$290.10$292.90
286/287290/291Aug 4$0.90$0.109.00$286.10$290.90
286/287290/291Aug 10$0.90$0.109.00$286.10$290.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Aug 28$0.06$4.9482.33
$250.00$260.00$270.00Aug 14$0.17$9.8357.82
$270.00$272.00$274.00Aug 7$0.05$1.9539.00
$315.00$320.00$325.00Aug 28$0.16$4.8430.25
$286.00$288.00$290.00Aug 11$0.08$1.9224.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.05$4.9599.00
$250.00$255.00$260.00Aug 28$0.07$4.9370.43
$255.00$260.00$265.00Aug 28$0.07$4.9370.43
$260.00$265.00$270.00Aug 28$0.12$4.8840.67
$287.00$288.00$289.00Jul 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. 419 found (best net $--, 402 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$282.001:2Aug 5-$0.69$11.31
$281.00$288.001:2Aug 4-$0.89$6.11
$282.00$289.001:2Aug 6-$0.89$6.11
$310.00$316.001:2Aug 6$0.00$6.00
$310.00$315.001:2Aug 4$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-$0.03$9.97
$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. 199 found (best yield 2.60%, avg 0.62%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.630.490.3%2.60%2.90%515
$295.00Sep 4$7.060.470.6%2.41%3.05%1711
$294.00Aug 28$6.790.490.3%2.32%2.61%31124
$296.00Sep 4$6.520.451.0%2.22%3.20%511
$295.00Aug 28$6.230.470.6%2.13%2.76%3582
$294.00Aug 21$5.890.480.3%2.01%2.31%1151.2K
$297.50Sep 4$5.740.421.5%1.96%3.45%11
$296.00Aug 28$5.690.441.0%1.94%2.92%22177
$298.00Sep 4$5.500.411.7%1.88%3.54%9172
$295.00Aug 21$5.330.460.6%1.82%2.46%1.4K27.6K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 362,706
Total Puts 628,008
Put/Call Ratio 1.73
Net Difference -265,302

Prior's Put/Call Breakdown

Total Calls 342,569
Total Puts 745,544
Put/Call Ratio 2.18
Net Difference -402,975

Prior 7-Day Put/Call Summary

Total Calls 2,759,296
Total Puts 5,152,092
Average Put/Call Ratio 1.83
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All