Tour v452
IWM
iShares Russell 2000 ETF
$293.41 +0.17%
(7/28 15:00) ◀
|
Tuesday, July 28, 2026 (3:05pm)
January 2026
|
▶ (7/28 15:10)
◀ 7/28 15:05 ▶

Option Volume

Detail
ℹ
Current (07/28 3:05pm) 1,340,405
Calls: 502,058 (37%)
Puts: 838,347 (63%)
Prior (07/27) 1,474,004
Calls: 450,373 (31%)
Puts: 1,023,631 (69%)
Current vs Prior -9.06%
Calls: +11.48% (Calls)
Puts: -18.10% (Puts)
Prior 7-Day Total 9,607,404
Calls: 3,394,019 (35%)
Puts: 6,213,385 (65%)
Prior 7-Day Average 1,372,486
Calls: 484,859 (35%)
Puts: 887,626 (65%)
Current vs Prior 7-Day Avg -2.34%
Calls: +3.55%
Puts: -5.55%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 3:05pm) $110.60M
Calls: $54.78M (50%)
Puts: $55.81M (50%)
Prior (07/27) $162.30M
Calls: $31.85M (20%)
Puts: $130.46M (80%)
Current vs Prior -31.86%
Calls: +72.03%
Puts: -57.22%
Prior 7-Day Total $858.57M
Calls: $280.10M (33%)
Puts: $578.47M (67%)
Prior 7-Day Average $122.65M
Calls: $40.01M (33%)
Puts: $82.64M (67%)
Current vs Prior 7-Day Avg -9.83%
Calls: +36.91%
Puts: -32.46%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/28 3:05pm) 1.67
Prior (07/27) 2.27
Current vs Prior -26.53%
Prior 7-Day Average 1.83
Current vs Prior 7-Day Avg -8.62%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 3:05pm) 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 0.42% | 1.47%1.47% | 2.11%2.11% | 3.05%4.43% | 6.36%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -60.07% | -7.65%+299.32% | +32.33%-0.33% | -0.84%-3.29% | -1.96%
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 -61.97% | -4.97%+292.61% | +52.95%+68.92% | +9.40%-4.65% | -3.02%
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 -60.07% | -7.65%+299.32% | +32.33%-0.33% | -0.84%-3.29% | -1.96%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 5.81% | 0.93%
Calls: 7.27% | 0.93%
Puts: 4.35% | 0.93%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior +81.00% | -65.43%
Prior 7-Day Avg 5.78% | 3.88%
Calls: 4.97% | 4.64%
Puts: 6.58% | 3.12%
Current vs 7-Day Avg +0.61% | -76.03%
Liquidity Excellent
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.67 - heavy put buying. P/C ratio dropping 27% - 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
15:05BEARISHBEARISHBEARISH
15:00BEARISHBEARISHBEARISH
14:55BEARISHBEARISHBEARISH
14:50BEARISHBEARISHBEARISH
14:45BEARISHBEARISHBEARISH
14:40BEARISHBEARISHBEARISH
14:35BEARISHBEARISHBEARISH
14:30BEARISHBEARISHBEARISH
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14:20BEARISHBEARISHBEARISH
14:15BEARISHBEARISHBEARISH
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14:05BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BEARISHBEARISHBEARISH
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13:15BEARISHBEARISHBEARISH
13:10BEARISHBEARISHBEARISH
13:05BULLISHBEARISHBEARISH
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12:55BULLISHBEARISHBEARISH
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12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
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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 955 of results (avg 3.1%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Aug 2159.0859.39$59.240.5%--1.00551
$235.00Jul 3158.4358.74$58.590.5%--1.0020
$240.00Aug 2154.1454.44$54.290.6%21.002.8K
$240.00Jul 3153.4353.74$53.590.6%--1.0058
$240.00Aug 753.6453.96$53.800.6%--0.9910
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Aug 216.106.15$6.130.8%890.513.4K
$325.00Jul 2831.4231.68$31.550.8%321.00--
$295.00Aug 216.546.60$6.570.9%1.2K0.5340.7K
$324.00Jul 2830.4030.68$30.540.9%521.00--
$294.00Jul 292.152.17$2.160.9%2.2K0.541.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 297 found (avg $0.44, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$324.00Aug 210.050.06$0.0616.7%--0.01201
$301.00Jul 290.060.07$0.0714.3%1880.044.0K
$303.00Jul 300.060.07$0.0714.3%620.03132
$305.00Jul 310.060.07$0.0714.3%1600.032.4K
$322.00Aug 210.070.08$0.0812.5%200.022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 290.050.06$0.0616.7%1.7K0.023.3K
$269.00Jul 310.050.06$0.0616.7%1960.012.8K
$281.00Jul 290.060.07$0.0714.3%6330.03313
$270.00Jul 310.060.07$0.0714.3%1920.0213.4K
$271.00Jul 310.070.08$0.0812.5%70.02145

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 419 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 2833.3233.60$33.460.8%401.00--
$261.00Jul 2832.3232.60$32.460.9%551.00--
$262.00Jul 2831.3231.60$31.460.9%401.00--
$263.00Jul 2830.3230.60$30.460.9%361.00--
$264.00Jul 2829.3229.60$29.461.0%531.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$314.00Jul 2820.4020.68$20.541.4%611.00--
$315.00Jul 2821.4021.68$21.541.3%621.00--
$316.00Jul 2822.4022.68$22.541.2%601.00--
$317.00Jul 2823.4023.68$23.541.2%681.00--
$318.00Jul 2824.4024.68$24.541.1%931.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,073 active (total vol 1.3M, top 113.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.090.10$0.1010.0%113.5K0.223.1K
$293.00Jul 280.530.57$0.557.3%105.9K0.732.2K
$292.00Jul 281.401.50$1.456.9%54.2K0.95840
$295.00Jul 280.010.02$0.0250.0%44.5K0.043.6K
$291.00Jul 282.382.52$2.455.7%19.1K0.96580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$293.00Jul 280.120.14$0.1315.4%102.8K0.273.3K
$291.00Jul 280.010.02$0.0250.0%92.7K0.032.0K
$292.00Jul 280.010.02$0.0250.0%92.3K0.042.1K
$290.00Jul 280.000.01$0.01100.0%65.5K0.014.2K
$285.00Jul 310.650.67$0.663.0%39.8K0.1588.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 135 strikes (avg 428.8%, max 1484.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4269.6%17.0%1484.0%514
$320.00Jul 28Sep 4261.1%17.1%1430.9%643
$317.00Jul 28Sep 4235.3%17.3%1262.6%638
$316.00Jul 28Sep 4226.5%17.4%1204.2%332
$260.00Jul 28Aug 28357.1%29.0%1133.3%5510
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21261.1%16.7%1463.8%8855
$250.00Jul 28Aug 28462.3%32.4%1328.7%1177
$260.00Jul 28Sep 4357.1%28.2%1166.4%628
$266.00Jul 28Sep 4294.9%26.6%1008.7%9127
$267.00Jul 28Sep 4284.6%26.3%981.5%1350

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 507 found (best R:R 177.57, avg 3.91)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$325.00Aug 28$0.12$4.88$0.1240.67$320.12
$321.00$324.00Sep 4$0.13$2.87$0.1322.08$321.13
$307.00$310.00Aug 10$0.16$2.84$0.1617.75$307.16
$305.00$307.50Aug 6$0.15$2.35$0.1515.67$305.15
$315.00$320.00Aug 28$0.31$4.69$0.3115.13$315.31
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$0.19$8.81$0.1946.37$268.81
$260.00$255.00Aug 21$0.14$4.86$0.1434.71$259.86
$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. 660 found (best R:R 80.25, avg 2.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.68$25.68$0.3280.25$275.68
$250.00$260.00Aug 14$9.83$9.83$0.1757.82$259.83
$250.00$255.00Aug 21$4.89$4.89$0.1144.45$254.89
$255.00$260.00Aug 21$4.85$4.85$0.1532.33$259.85
$245.00$260.00Aug 28$14.52$14.52$0.4830.25$259.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.84$8.84$0.1655.25$311.16
$295.00$294.00Jul 28$0.89$0.89$0.118.09$294.11
$299.00$298.00Jul 29$0.87$0.87$0.136.69$298.13
$308.00$305.00Aug 14$2.61$2.61$0.396.69$305.39
$310.00$309.00Aug 21$0.87$0.87$0.136.69$309.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 88 found (avg debit $0.45, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$301.00Jul 28Jul 29$0.0687.0%26.8%
$307.50Aug 4Aug 6$0.0616.8%16.7%
$321.00Jul 28Aug 21$0.08269.6%16.8%
$250.00Jul 31Aug 4$0.0864.1%45.4%
$300.00Jul 28Jul 29$0.1076.9%26.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$303.00Jul 29Jul 31$0.0527.9%21.7%
$281.00Jul 28Jul 29$0.06140.3%41.8%
$282.00Jul 28Jul 29$0.08129.9%40.8%
$300.00Jul 28Jul 29$0.0876.9%26.6%
$277.50Jul 30Jul 31$0.0939.1%36.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 400 found (cheapest 0.23% of stock, avg 4.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 28$0.55$0.13$0.68$292.32$293.680.23%
$294.00Jul 28$0.10$0.69$0.79$293.21$294.790.27%
$292.00Jul 28$1.45$0.02$1.47$290.53$293.470.50%
$295.00Jul 28$0.02$1.58$1.60$293.40$296.600.55%
$291.00Jul 28$2.45$0.02$2.47$288.53$293.470.84%
$296.00Jul 28$0.01$2.57$2.58$293.42$298.580.88%
$290.00Jul 28$3.45$0.01$3.46$286.54$293.461.18%
$297.00Jul 28$0.01$3.58$3.59$293.41$300.591.22%
$294.00Jul 29$1.62$2.16$3.78$290.22$297.781.29%
$293.00Jul 29$2.16$1.71$3.87$289.13$296.871.32%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 351 found (cheapest 0.08% of stock, avg 2.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$294.00$293.00Jul 28$0.10$0.13$0.23$292.77$294.23
$298.00$289.00Jul 29$0.33$0.59$0.92$288.08$298.92
$297.00$289.00Jul 29$0.52$0.59$1.11$287.89$298.11
$298.00$290.00Jul 29$0.33$0.78$1.11$288.89$299.11
$297.00$290.00Jul 29$0.52$0.78$1.30$288.70$298.30
$298.00$291.00Jul 29$0.33$1.02$1.35$289.65$299.35
$296.00$289.00Jul 29$0.79$0.59$1.38$287.62$297.38
$297.00$291.00Jul 29$0.52$1.02$1.54$289.46$298.54
$296.00$290.00Jul 29$0.79$0.78$1.57$288.43$297.57
$298.00$289.00Jul 30$0.61$1.01$1.62$287.38$299.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 471 found (best R:R 16.86, avg credit $1.12)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/255260/270Aug 28$9.44$0.5616.86$245.56$269.44
276/277278/280Aug 14$1.85$0.1512.33$275.15$279.85
272/273275/277Aug 28$1.83$0.1710.76$271.17$276.83
273/274275/277Aug 28$1.83$0.1710.76$272.17$276.83
276/277278/280Aug 28$1.81$0.199.53$275.19$279.81
284/285286/288Aug 3$1.35$0.159.00$283.65$287.35
286/287289/290Aug 3$0.90$0.109.00$286.10$289.90
285/286289/290Aug 5$0.90$0.109.00$285.10$289.90
288/289291/292Aug 5$0.90$0.109.00$288.10$291.90
290/291293/294Aug 5$0.90$0.109.00$290.10$293.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 109 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Aug 28$0.07$4.9370.43
$250.00$260.00$270.00Aug 14$0.21$9.7946.62
$286.00$288.00$290.00Aug 11$0.07$1.9327.57
$315.00$320.00$325.00Aug 28$0.19$4.8125.32
$284.00$285.00$286.00Jul 29$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 21$0.05$4.9599.00
$245.00$250.00$255.00Aug 28$0.05$4.9599.00
$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

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 425 found (best net $--, 406 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$282.001:2Aug 5-$1.20$10.80
$310.00$317.001:2Aug 5$0.00$7.00
$281.00$288.001:2Aug 4-$1.28$5.72
$320.00$325.001:2Aug 7$0.00$5.00
$330.00$335.001:2Aug 14$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-$0.02$8.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 213 found (best yield 2.72%, avg 0.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.970.500.2%2.72%2.92%1115
$295.00Sep 4$7.390.480.5%2.52%3.06%2611
$294.00Aug 28$7.140.500.2%2.43%2.63%32124
$296.00Sep 4$6.840.460.9%2.33%3.21%511
$295.00Aug 28$6.550.480.5%2.23%2.77%3582
$294.00Aug 21$6.250.490.2%2.13%2.33%1561.2K
$297.50Sep 4$6.060.431.4%2.07%3.46%11
$296.00Aug 28$6.010.460.9%2.05%2.93%32177
$298.00Sep 4$5.810.421.6%1.98%3.54%9172
$295.00Aug 21$5.670.470.5%1.93%2.47%1.6K27.6K

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 502,058
Total Puts 838,347
Put/Call Ratio 1.67
Net Difference -336,289

Prior's Put/Call Breakdown

Total Calls 450,373
Total Puts 1,023,631
Put/Call Ratio 2.27
Net Difference -573,258

Prior 7-Day Put/Call Summary

Total Calls 3,394,019
Total Puts 6,213,385
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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