Tour v449
IWM
iShares Russell 2000 ETF
$293.68 +0.26%
(7/28 12:55) ◀
|
Tuesday, July 28, 2026 (1:00pm)
January 2026
|
▶ (7/28 13:05)
◀ 7/28 13:00 ▶

Option Volume

Detail
ℹ
Current (07/28 1:00pm) 1,051,030
Calls: 387,782 (37%)
Puts: 663,248 (63%)
Prior (07/27) 1,136,350
Calls: 362,567 (32%)
Puts: 773,783 (68%)
Current vs Prior -7.51%
Calls: +6.95% (Calls)
Puts: -14.29% (Puts)
Prior 7-Day Total 8,177,278
Calls: 2,825,864 (35%)
Puts: 5,351,414 (65%)
Prior 7-Day Average 1,168,182
Calls: 403,694 (35%)
Puts: 764,487 (65%)
Current vs Prior 7-Day Avg -10.03%
Calls: -3.94%
Puts: -13.24%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 1:00pm) $93.82M
Calls: $50.65M (54%)
Puts: $43.16M (46%)
Prior (07/27) $145.67M
Calls: $21.47M (15%)
Puts: $124.20M (85%)
Current vs Prior -35.59%
Calls: +135.96%
Puts: -65.25%
Prior 7-Day Total $777.07M
Calls: $268.44M (35%)
Puts: $508.63M (65%)
Prior 7-Day Average $111.01M
Calls: $38.35M (35%)
Puts: $72.66M (65%)
Current vs Prior 7-Day Avg -15.49%
Calls: +32.09%
Puts: -40.60%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28 1:00pm) 1.71
Prior (07/27) 2.13
Current vs Prior -19.86%
Prior 7-Day Average 1.86
Current vs Prior 7-Day Avg -8.21%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 1:00pm) 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 0.51% | 1.37%1.37% | 1.99%1.99% | 2.94%4.32% | 6.26%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -52.06% | -14.35%+270.36% | +24.73%-6.05% | -4.46%-5.68% | -3.41%
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 -54.34% | -11.87%+264.13% | +44.17%+59.23% | +5.40%-7.01% | -4.46%
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 -52.06% | -14.35%+270.36% | +24.73%-6.05% | -4.46%-5.68% | -3.41%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 2.76% | 1.00%
Calls: 2.30% | 0.94%
Puts: 3.23% | 1.06%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior -14.02% | -62.83%
Prior 7-Day Avg 5.78% | 3.88%
Calls: 4.97% | 4.64%
Puts: 6.58% | 3.12%
Current vs 7-Day Avg -52.21% | -74.23%
Liquidity Excellent
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.71 - heavy put buying. Put-heavy open interest (2,295,732 puts vs 607,391 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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
13:00BULLISHBEARISHBEARISH
12:55BULLISHBEARISHBEARISH
12:50BEARISHBEARISHBEARISH
12:45BEARISHBEARISHBEARISH
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 934 of results (avg 3.0%, best 0.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Aug 2159.2759.53$59.400.4%--1.00551
$235.00Jul 3158.6358.89$58.760.4%--1.0020
$240.00Aug 2154.3354.58$54.460.5%21.002.8K
$240.00Jul 3153.6453.90$53.770.5%--1.0058
$240.00Aug 753.8454.11$53.980.5%--0.9910
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Jul 2831.2131.47$31.340.8%321.00--
$324.00Jul 2830.2130.47$30.340.9%521.00--
$323.00Jul 2829.2129.47$29.340.9%381.00--
$322.00Jul 2828.2128.47$28.340.9%491.00--
$321.00Jul 2827.2127.47$27.341.0%701.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 307 found (avg $0.41, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$295.00Jul 280.050.06$0.0616.7%38.2K0.113.6K
$300.00Jul 290.070.08$0.0812.5%1.7K0.053.9K
$304.00Jul 310.070.08$0.0812.5%4580.032.2K
$321.00Aug 210.070.08$0.0812.5%--0.02455
$315.00Aug 140.090.10$0.1010.0%120.038.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$281.00Jul 290.050.06$0.0616.7%5120.02313
$276.00Jul 300.050.06$0.0616.7%100.021.4K
$271.00Jul 310.050.06$0.0616.7%70.01145
$282.00Jul 290.060.07$0.0714.3%6.5K0.03729
$277.00Jul 300.060.07$0.0714.3%120.021.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 405 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 2833.5333.79$33.660.8%381.00--
$261.00Jul 2832.5332.79$32.660.8%531.00--
$262.00Jul 2831.5331.78$31.660.8%401.00--
$263.00Jul 2830.5330.78$30.660.8%361.00--
$264.00Jul 2829.5329.78$29.660.8%531.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 3111.2311.44$11.341.9%491.0032
$315.00Jul 2821.2121.47$21.341.2%621.00--
$316.00Jul 2822.2122.47$22.341.2%601.00--
$317.00Jul 2823.2123.47$23.341.1%681.00--
$318.00Jul 2824.2124.47$24.341.1%931.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,003 active (total vol 1.1M, top 84.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.260.27$0.273.7%81.5K0.373.1K
$293.00Jul 280.860.88$0.872.3%74.5K0.722.2K
$292.00Jul 281.681.76$1.724.7%51.7K0.89840
$295.00Jul 280.050.06$0.0616.7%38.2K0.113.6K
$291.00Jul 282.632.75$2.694.5%18.8K0.95580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$291.00Jul 280.030.04$0.0425.0%84.4K0.052.0K
$290.00Jul 280.020.03$0.0333.3%62.6K0.034.2K
$292.00Jul 280.070.08$0.0812.5%58.5K0.112.1K
$293.00Jul 280.200.21$0.214.8%55.1K0.283.3K
$285.00Jul 310.520.54$0.533.8%39.4K0.1388.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 130 strikes (avg 249.4%, max 863.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4159.6%16.6%863.4%514
$320.00Jul 28Sep 4154.5%16.6%829.2%143
$317.00Jul 28Sep 4139.1%16.9%724.6%638
$316.00Jul 28Sep 4133.9%17.0%689.4%132
$260.00Jul 28Aug 28214.1%28.6%647.6%5310
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21154.5%16.2%855.3%8855
$250.00Jul 28Aug 28276.8%32.1%762.8%1177
$260.00Jul 28Sep 4214.1%28.0%665.9%628
$266.00Jul 28Sep 4177.0%26.2%576.0%9127
$267.00Jul 28Sep 4170.9%26.0%558.5%1250

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 485 found (best R:R 207.33, avg 4.16)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$325.00Aug 28$0.11$4.89$0.1144.45$320.11
$321.00$324.00Sep 4$0.12$2.88$0.1224.00$321.12
$307.00$310.00Aug 10$0.15$2.85$0.1519.00$307.15
$305.00$307.50Aug 6$0.13$2.37$0.1318.23$305.13
$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$0.12$24.88$0.12207.33$264.88
$269.00$260.00Aug 10$0.17$8.83$0.1751.94$268.83
$250.00$245.00Aug 28$0.10$4.90$0.1049.00$249.90
$255.00$250.00Aug 28$0.12$4.88$0.1240.67$254.88
$260.00$255.00Aug 21$0.13$4.87$0.1337.46$259.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 636 found (best R:R 103.00, avg 2.11)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.75$25.75$0.25103.00$275.75
$250.00$260.00Aug 14$9.85$9.85$0.1565.67$259.85
$255.00$260.00Aug 21$4.86$4.86$0.1434.71$259.86
$245.00$260.00Aug 28$14.58$14.58$0.4234.71$259.58
$260.00$270.00Aug 14$9.66$9.66$0.3428.41$269.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.89$8.89$0.1180.82$311.11
$299.00$298.00Jul 29$0.88$0.88$0.127.33$298.12
$301.00$300.00Jul 31$0.88$0.88$0.127.33$300.12
$308.00$305.00Aug 14$2.64$2.64$0.367.33$305.36
$300.00$299.00Jul 30$0.87$0.87$0.136.69$299.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 85 found (avg debit $0.39, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$307.50Aug 4Aug 6$0.0616.1%16.1%
$280.00Jul 28Jul 29$0.0791.2%41.1%
$300.00Jul 28Jul 29$0.0744.5%23.0%
$321.00Jul 28Aug 21$0.07159.6%16.2%
$281.00Jul 28Jul 29$0.0885.0%39.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$300.00Jul 28Jul 29$0.0544.5%23.0%
$282.00Jul 28Jul 29$0.0678.8%38.0%
$277.50Jul 30Jul 31$0.0637.6%34.3%
$283.00Jul 28Jul 29$0.0872.6%36.9%
$306.00Jul 28Aug 7$0.0979.7%16.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 387 found (cheapest 0.30% of stock, avg 4.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$294.00Jul 28$0.27$0.62$0.89$293.11$294.890.30%
$293.00Jul 28$0.87$0.21$1.08$291.92$294.080.37%
$295.00Jul 28$0.06$1.41$1.47$293.53$296.470.50%
$292.00Jul 28$1.72$0.08$1.80$290.20$293.800.61%
$296.00Jul 28$0.02$2.36$2.38$293.62$298.380.81%
$291.00Jul 28$2.69$0.04$2.73$288.27$293.730.93%
$297.00Jul 28$0.01$3.35$3.36$293.64$300.361.14%
$294.00Jul 29$1.57$1.88$3.45$290.55$297.451.17%
$295.00Jul 29$1.10$2.41$3.51$291.49$298.511.20%
$293.00Jul 29$2.13$1.45$3.58$289.42$296.581.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.03% of stock, avg 2.11%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$295.00$291.00Jul 28$0.06$0.04$0.10$290.90$295.10
$295.00$292.00Jul 28$0.06$0.08$0.14$291.86$295.14
$295.00$293.00Jul 28$0.06$0.21$0.27$292.73$295.27
$294.00$291.00Jul 28$0.27$0.04$0.31$290.69$294.31
$294.00$292.00Jul 28$0.27$0.08$0.35$291.65$294.35
$294.00$293.00Jul 28$0.27$0.21$0.48$292.52$294.48
$298.00$289.00Jul 29$0.27$0.46$0.73$288.27$298.73
$298.00$290.00Jul 29$0.27$0.62$0.89$289.11$298.89
$297.00$289.00Jul 29$0.45$0.46$0.91$288.09$297.91
$297.00$290.00Jul 29$0.45$0.62$1.07$288.93$298.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 474 found (best R:R 26.78, avg credit $1.18)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
255/260265/270Aug 21$4.82$0.1826.78$255.18$269.82
250/255260/270Aug 28$9.46$0.5417.52$245.54$269.46
245/250260/270Aug 28$9.44$0.5616.86$240.56$269.44
265/270272/277Aug 28$4.71$0.2916.24$265.29$276.71
276/279282/285Aug 10$2.77$0.2312.04$276.23$284.77
260/265272/277Aug 28$4.61$0.3911.82$260.39$276.61
255/260272/277Aug 28$4.52$0.489.42$255.48$276.52
288/289291/292Aug 4$0.90$0.109.00$288.10$291.90
288/289291/292Aug 6$0.90$0.109.00$288.10$291.90
289/290292/293Aug 6$0.90$0.109.00$289.10$292.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 115 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.05$4.9599.00
$320.00$325.00$330.00Aug 28$0.06$4.9482.33
$250.00$260.00$270.00Aug 14$0.19$9.8151.63
$315.00$320.00$325.00Aug 28$0.17$4.8328.41
$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$0.06$4.9482.33
$255.00$260.00$265.00Aug 28$0.09$4.9154.56
$260.00$265.00$270.00Aug 28$0.10$4.9049.00
$288.00$289.00$290.00Jul 30$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. 420 found (best net $--, 402 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$282.001:2Aug 5-$1.15$10.85
$281.00$288.001:2Aug 4-$1.23$5.77
$320.00$325.001:2Aug 7$0.00$5.00
$330.00$335.001:2Aug 14$0.00$5.00
$325.00$330.001:2Aug 21$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-$0.02$9.98
$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. 204 found (best yield 2.70%, avg 0.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.940.500.1%2.70%2.81%615
$295.00Sep 4$7.360.490.5%2.51%2.96%1711
$294.00Aug 28$7.090.500.1%2.41%2.52%31124
$296.00Sep 4$6.810.470.8%2.32%3.11%511
$295.00Aug 28$6.510.480.5%2.22%2.67%3582
$294.00Aug 21$6.190.500.1%2.11%2.22%1151.2K
$297.50Sep 4$6.000.431.3%2.04%3.34%11
$296.00Aug 28$5.960.460.8%2.03%2.82%22177
$298.00Sep 4$5.760.421.5%1.96%3.43%9172
$295.00Aug 21$5.610.480.5%1.91%2.36%1.5K27.6K

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 387,782
Total Puts 663,248
Put/Call Ratio 1.71
Net Difference -275,466

Prior's Put/Call Breakdown

Total Calls 362,567
Total Puts 773,783
Put/Call Ratio 2.13
Net Difference -411,216

Prior 7-Day Put/Call Summary

Total Calls 2,825,864
Total Puts 5,351,414
Average Put/Call Ratio 1.86
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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