Tour v452
IWM
iShares Russell 2000 ETF
$293.06 +0.05%
(7/28 14:00) ◀
|
Tuesday, July 28, 2026 (2:05pm)
January 2026
|
▶ (7/28 14:10)
◀ 7/28 14:05 ▶

Option Volume

Detail
ℹ
Current (07/28 2:05pm) 1,199,128
Calls: 445,453 (37%)
Puts: 753,675 (63%)
Prior (07/27) 1,324,644
Calls: 409,734 (31%)
Puts: 914,910 (69%)
Current vs Prior -9.48%
Calls: +8.72% (Calls)
Puts: -17.62% (Puts)
Prior 7-Day Total 8,954,689
Calls: 3,145,748 (35%)
Puts: 5,808,941 (65%)
Prior 7-Day Average 1,279,241
Calls: 449,392 (35%)
Puts: 829,848 (65%)
Current vs Prior 7-Day Avg -6.26%
Calls: -0.88%
Puts: -9.18%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 2:05pm) $97.95M
Calls: $41.93M (43%)
Puts: $56.02M (57%)
Prior (07/27) $155.54M
Calls: $27.17M (17%)
Puts: $128.37M (83%)
Current vs Prior -37.02%
Calls: +54.34%
Puts: -56.36%
Prior 7-Day Total $817.37M
Calls: $266.06M (33%)
Puts: $551.31M (67%)
Prior 7-Day Average $116.77M
Calls: $38.01M (33%)
Puts: $78.76M (67%)
Current vs Prior 7-Day Avg -16.11%
Calls: +10.33%
Puts: -28.87%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/28 2:05pm) 1.69
Prior (07/27) 2.23
Current vs Prior -24.23%
Prior 7-Day Average 1.83
Current vs Prior 7-Day Avg -7.62%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 2:05pm) 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 0.50% | 1.38%1.38% | 2.03%2.03% | 3.00%4.36% | 6.31%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -52.93% | -13.53%+273.91% | +27.13%-4.24% | -2.60%-4.74% | -2.68%
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 -55.17% | -11.02%+267.63% | +46.95%+62.29% | +7.46%-6.08% | -3.74%
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 -52.93% | -13.53%+273.91% | +27.13%-4.24% | -2.60%-4.74% | -2.68%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 4.30% | 1.00%
Calls: 4.76% | 1.10%
Puts: 3.85% | 0.90%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior +33.96% | -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 -25.54% | -74.23%
Liquidity Excellent
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.69 - heavy put buying. P/C ratio dropping 24% - 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
14:05BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BEARISHBEARISHBEARISH
13:50BEARISHBEARISHBEARISH
13:45BEARISHBEARISHBEARISH
13:40BEARISHBEARISHBEARISH
13:35BEARISHBEARISHBEARISH
13:30BEARISHBEARISHBEARISH
13:25BEARISHBEARISHBEARISH
13:20BEARISHBEARISHBEARISH
13:15BEARISHBEARISHBEARISH
13:10BEARISHBEARISHBEARISH
13:05BULLISHBEARISHBEARISH
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
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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 873 of results (avg 3.3%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Aug 2158.6258.90$58.760.5%--1.00551
$235.00Jul 3157.9758.25$58.110.5%--1.0020
$267.00Jul 2826.0026.13$26.070.5%301.00--
$269.00Jul 2824.0024.12$24.060.5%451.00--
$240.00Aug 2153.6853.95$53.820.5%21.002.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$293.00Aug 43.213.23$3.220.6%5500.49283
$325.00Jul 2831.8732.13$32.000.8%321.00--
$323.00Jul 2829.8730.12$30.000.8%381.00--
$324.00Jul 2830.8731.13$31.000.8%521.00--
$307.00Jul 2813.8914.01$13.950.9%51.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 248 found (avg $0.48, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 290.050.06$0.0616.7%1.9K0.043.9K
$294.00Jul 280.080.09$0.0911.1%104.9K0.163.1K
$299.00Jul 290.100.11$0.119.1%9710.061.2K
$301.00Jul 300.100.11$0.119.1%1.6K0.052.0K
$318.00Aug 210.110.13$0.1216.7%400.03177
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$281.00Jul 290.050.06$0.0616.7%6170.02313
$292.00Jul 280.090.10$0.1010.0%77.7K0.172.1K
$283.00Jul 290.090.10$0.1010.0%3.2K0.043.8K
$273.00Jul 310.090.10$0.1010.0%3960.027.4K
$275.00Jul 310.110.13$0.1216.7%8670.038.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 412 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 1443.5443.81$43.680.6%--1.0051
$235.00Aug 2158.6258.90$58.760.5%--1.00551
$240.00Aug 2153.6853.95$53.820.5%21.002.8K
$245.00Aug 2148.7449.02$48.880.6%--1.00570
$240.00Aug 2853.9154.25$54.080.6%--1.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Jul 282.893.01$2.954.1%8751.00576
$297.00Jul 283.894.00$3.952.8%1231.00202
$298.00Jul 284.895.00$4.952.2%131.0037
$299.00Jul 285.896.00$5.951.8%321.0017
$300.00Jul 286.877.00$6.941.9%281.006

Most actively traded options today. High liquidity = easy entry/exit. 1,042 active (total vol 1.2M, top 104.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.080.09$0.0911.1%104.9K0.163.1K
$293.00Jul 280.410.43$0.424.8%87.7K0.522.2K
$292.00Jul 281.121.18$1.155.2%52.4K0.83840
$295.00Jul 280.010.02$0.0250.0%43.7K0.043.6K
$291.00Jul 282.042.14$2.094.8%18.9K0.94580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$291.00Jul 280.030.04$0.0425.0%88.8K0.062.0K
$293.00Jul 280.360.37$0.372.7%81.1K0.483.3K
$292.00Jul 280.090.10$0.1010.0%77.7K0.172.1K
$290.00Jul 280.010.02$0.0250.0%63.7K0.034.2K
$285.00Jul 310.650.68$0.674.5%39.5K0.1588.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 134 strikes (avg 307.3%, max 1081.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4199.1%16.9%1081.6%514
$320.00Jul 28Sep 4192.9%16.8%1046.0%643
$317.00Jul 28Sep 4174.2%17.1%920.0%638
$316.00Jul 28Sep 4167.8%17.2%877.9%232
$260.00Jul 28Aug 28257.5%28.9%792.0%5510
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21192.9%16.5%1067.0%8855
$250.00Jul 28Aug 28334.2%32.4%932.9%1177
$260.00Jul 28Sep 4257.5%28.1%814.9%628
$266.00Jul 28Sep 4212.1%26.4%704.6%9127
$311.00Jul 28Aug 21135.5%16.8%704.6%2233

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 497 found (best R:R 177.57, avg 4.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$325.00Aug 28$0.10$4.90$0.1049.00$320.10
$321.00$324.00Sep 4$0.12$2.88$0.1224.00$321.12
$307.00$310.00Aug 10$0.14$2.86$0.1420.43$307.14
$305.00$307.50Aug 6$0.12$2.38$0.1219.83$305.12
$315.00$320.00Aug 28$0.27$4.73$0.2717.52$315.27
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
$260.00$255.00Aug 21$0.13$4.87$0.1337.46$259.87
$255.00$250.00Aug 28$0.14$4.86$0.1434.71$254.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 648 found (best R:R 82.87, avg 2.11)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.69$25.69$0.3182.87$275.69
$250.00$260.00Aug 14$9.84$9.84$0.1661.50$259.84
$260.00$266.00Aug 7$5.90$5.90$0.1059.00$265.90
$250.00$255.00Aug 21$4.90$4.90$0.1049.00$254.90
$245.00$260.00Aug 28$14.53$14.53$0.4730.91$259.53
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.86$8.86$0.1463.29$311.14
$300.00$299.00Jul 30$0.89$0.89$0.118.09$299.11
$302.00$300.00Aug 3$1.78$1.78$0.228.09$300.22
$308.00$305.00Aug 14$2.66$2.66$0.347.82$305.34
$304.00$303.00Aug 7$0.88$0.88$0.127.33$303.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 86 found (avg debit $0.40, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$307.50Aug 4Aug 6$0.0516.5%16.6%
$283.00Jul 28Jul 29$0.0684.2%36.6%
$321.00Jul 28Aug 21$0.06199.1%16.4%
$284.00Jul 28Jul 29$0.0876.5%35.5%
$250.00Jul 31Aug 4$0.0863.1%45.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$305.00Jul 28Jul 31$0.0594.9%21.3%
$282.00Jul 28Jul 29$0.0691.8%37.5%
$302.00Jul 29Jul 31$0.0625.9%20.9%
$245.00Jul 31Aug 7$0.0668.1%45.9%
$301.00Jul 28Jul 29$0.0766.4%24.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 393 found (cheapest 0.27% of stock, avg 4.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 28$0.42$0.37$0.79$292.21$293.790.27%
$294.00Jul 28$0.09$1.04$1.13$292.87$295.130.39%
$292.00Jul 28$1.15$0.10$1.25$290.75$293.250.43%
$295.00Jul 28$0.02$1.96$1.98$293.02$296.980.68%
$291.00Jul 28$2.09$0.04$2.13$288.87$293.130.73%
$296.00Jul 28$0.01$2.95$2.96$293.04$298.961.01%
$290.00Jul 28$3.08$0.02$3.10$286.90$293.101.06%
$294.00Jul 29$1.31$2.22$3.53$290.47$297.531.20%
$293.00Jul 29$1.82$1.74$3.56$289.44$296.561.21%
$295.00Jul 29$0.89$2.83$3.72$291.28$298.721.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 353 found (cheapest 0.04% of stock, avg 2.18%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$294.00$291.00Jul 28$0.09$0.04$0.13$290.87$294.13
$294.00$292.00Jul 28$0.09$0.10$0.19$291.81$294.19
$294.00$293.00Jul 28$0.09$0.37$0.46$292.54$294.46
$298.00$289.00Jul 29$0.20$0.56$0.76$288.24$298.76
$297.00$289.00Jul 29$0.35$0.56$0.91$288.09$297.91
$298.00$290.00Jul 29$0.20$0.76$0.96$289.04$298.96
$297.00$290.00Jul 29$0.35$0.76$1.11$288.89$298.11
$296.00$289.00Jul 29$0.57$0.56$1.13$287.87$297.13
$298.00$291.00Jul 29$0.20$1.01$1.21$289.79$299.21
$296.00$290.00Jul 29$0.57$0.76$1.33$288.67$297.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 524 found (best R:R 21.73, avg credit $1.15)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
255/260265/270Aug 21$4.78$0.2221.73$255.22$269.78
250/255260/270Aug 28$9.42$0.5816.24$245.58$269.42
273/274275/277Aug 28$1.86$0.1413.29$272.14$276.86
271/272275/277Aug 28$1.85$0.1512.33$270.15$276.85
272/273275/277Aug 28$1.85$0.1512.33$271.15$276.85
276/279282/285Aug 10$2.76$0.2411.50$276.24$284.76
270/271275/277Aug 28$1.84$0.1611.50$269.16$276.84
276/277278/280Aug 14$1.83$0.1710.76$275.17$279.83
286/287289/290Jul 30$0.90$0.109.00$286.10$289.90
282/283287/288Aug 5$0.90$0.109.00$282.10$287.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.06$4.9482.33
$250.00$260.00$270.00Aug 14$0.24$9.7640.67
$315.00$320.00$325.00Aug 28$0.17$4.8328.41
$286.00$288.00$290.00Aug 11$0.09$1.9121.22
$290.00$291.00$292.00Jul 28$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 28$0.05$4.9599.00
$255.00$260.00$265.00Aug 28$0.09$4.9154.56
$260.00$265.00$270.00Aug 28$0.12$4.8840.67
$289.00$290.00$291.00Jul 29$0.05$0.9519.00
$285.00$286.00$287.00Jul 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 $--, 403 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$282.001:2Aug 5-$0.76$11.24
$281.00$288.001:2Aug 4-$0.90$6.10
$320.00$325.001:2Aug 7$0.00$5.00
$330.00$335.001:2Aug 14$0.00$5.00
$335.00$340.001:2Aug 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-$0.03$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. 204 found (best yield 2.61%, avg 0.62%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.660.490.3%2.61%2.93%1015
$295.00Sep 4$7.080.470.7%2.42%3.08%2611
$294.00Aug 28$6.790.490.3%2.32%2.64%32124
$296.00Sep 4$6.540.451.0%2.23%3.23%511
$295.00Aug 28$6.210.470.7%2.12%2.78%3582
$294.00Aug 21$5.910.490.3%2.02%2.34%1271.2K
$297.50Sep 4$5.770.421.5%1.97%3.48%11
$296.00Aug 28$5.670.451.0%1.93%2.94%22177
$298.00Sep 4$5.540.411.7%1.89%3.58%9172
$295.00Aug 21$5.340.460.7%1.82%2.48%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 445,453
Total Puts 753,675
Put/Call Ratio 1.69
Net Difference -308,222

Prior's Put/Call Breakdown

Total Calls 409,734
Total Puts 914,910
Put/Call Ratio 2.23
Net Difference -505,176

Prior 7-Day Put/Call Summary

Total Calls 3,145,748
Total Puts 5,808,941
Average Put/Call Ratio 1.83
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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