Tour v452
IWM
iShares Russell 2000 ETF
$293.12 +0.07%
(7/28 15:45) ◀
|
Tuesday, July 28, 2026 (3:50pm)
January 2026
|
▶ (7/28 15:55)
◀ 7/28 15:50 ▶

Option Volume

Detail
ℹ
Current (07/28 3:50pm) 1,447,586
Calls: 540,065 (37%)
Puts: 907,521 (63%)
Prior (07/27) 1,612,909
Calls: 491,406 (30%)
Puts: 1,121,503 (70%)
Current vs Prior -10.25%
Calls: +9.90% (Calls)
Puts: -19.08% (Puts)
Prior 7-Day Total 10,189,357
Calls: 3,625,846 (36%)
Puts: 6,563,511 (64%)
Prior 7-Day Average 1,455,622
Calls: 517,978 (36%)
Puts: 937,644 (64%)
Current vs Prior 7-Day Avg -0.55%
Calls: +4.26%
Puts: -3.21%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 3:50pm) $114.57M
Calls: $51.14M (45%)
Puts: $63.43M (55%)
Prior (07/27) $167.11M
Calls: $37.82M (23%)
Puts: $129.29M (77%)
Current vs Prior -31.44%
Calls: +35.22%
Puts: -50.94%
Prior 7-Day Total $905.10M
Calls: $326.08M (36%)
Puts: $579.02M (64%)
Prior 7-Day Average $129.30M
Calls: $46.58M (36%)
Puts: $82.72M (64%)
Current vs Prior 7-Day Avg -11.40%
Calls: +9.78%
Puts: -23.32%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/28 3:50pm) 1.68
Prior (07/27) 2.28
Current vs Prior -26.37%
Prior 7-Day Average 1.82
Current vs Prior 7-Day Avg -7.50%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 3:50pm) 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 0.38% | 1.47%1.47% | 2.08%2.08% | 3.02%4.41% | 6.34%
Prior 1.06% | 1.59%0.37% | 1.59%2.12% | 3.08%4.58% | 6.48%
Current vs Prior -63.90% | -7.77%+298.81% | +30.53%-1.68% | -1.96%-3.72% | -2.23%
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 -65.62% | -5.09%+292.11% | +50.88%+66.63% | +8.17%-5.07% | -3.29%
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 -63.90% | -7.77%+298.81% | +30.53%-1.68% | -1.96%-3.72% | -2.23%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 13.25% | 2.98%
Calls: 20.83% | 2.50%
Puts: 5.68% | 3.46%
Prior 3.21% | 2.69%
Calls: 3.28% | 3.44%
Puts: 3.15% | 1.95%
Current vs Prior +312.77% | +10.78%
Prior 7-Day Avg 5.78% | 3.88%
Calls: 4.97% | 4.64%
Puts: 6.58% | 3.12%
Current vs 7-Day Avg +129.44% | -23.20%
Liquidity Good
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.68 - heavy put buying. P/C ratio dropping 26% - 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
15:50BEARISHBEARISHBEARISH
15:45BEARISHBEARISHBEARISH
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
15:30BULLISHBEARISHBEARISH
15:25BEARISHBEARISHBEARISH
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📈 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 898 of results (avg 3.9%, best 0.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Aug 2120.3520.52$20.440.8%50.842.4K
$276.00Aug 2119.4719.64$19.560.9%20.839
$275.00Aug 2820.9821.18$21.080.9%10.829
$280.00Aug 2116.0716.23$16.151.0%70.783.8K
$278.00Aug 1416.9817.15$17.061.0%10.842
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 217.127.19$7.161.0%390.561.9K
$293.00Aug 215.805.86$5.831.0%4320.494.3K
$295.00Aug 216.656.72$6.691.0%1.2K0.5440.7K
$292.00Aug 215.415.47$5.441.1%4050.461.9K
$294.00Aug 216.216.28$6.251.1%1210.513.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 298 found (avg $0.43, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 310.050.06$0.0616.7%1650.032.4K
$307.50Aug 40.050.06$0.0616.7%10.0218
$312.00Aug 70.050.06$0.0616.7%870.02465
$301.00Jul 290.060.07$0.0714.3%2350.044.0K
$306.00Aug 30.060.07$0.0714.3%70.0330
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$281.00Jul 290.050.06$0.0616.7%7530.02313
$275.00Jul 300.050.06$0.0616.7%330.02276
$269.00Jul 310.050.06$0.0616.7%1960.012.8K
$270.00Jul 310.050.06$0.0616.7%1940.0113.4K
$276.00Jul 300.060.07$0.0714.3%160.021.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 438 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2853.4455.01$54.222.9%--1.0010
$255.00Jul 2837.5738.90$38.243.5%21.002
$260.00Jul 2832.5733.90$33.244.0%401.00--
$261.00Jul 2831.5732.90$32.244.1%551.00--
$240.00Jul 2952.6153.93$53.272.5%11.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.850.90$0.885.7%21.5K1.001.6K
$295.00Jul 281.112.41$1.7673.9%1.7K1.00595
$296.00Jul 282.103.43$2.7748.0%9801.00576
$297.00Jul 283.104.10$3.6027.8%1751.00202
$298.00Jul 284.105.43$4.7627.9%141.0037

Most actively traded options today. High liquidity = easy entry/exit. 1,102 active (total vol 1.4M, top 124.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 280.000.01$0.01100.0%124.5K0.033.1K
$293.00Jul 280.210.26$0.2420.8%112.0K0.602.2K
$292.00Jul 281.041.70$1.3748.2%54.8K0.98840
$295.00Jul 280.000.01$0.01100.0%45.2K0.023.6K
$291.00Jul 282.052.90$2.4734.4%19.1K0.98580
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$293.00Jul 280.090.12$0.1127.3%118.3K0.403.3K
$292.00Jul 280.000.01$0.01100.0%99.0K0.022.1K
$291.00Jul 280.000.01$0.01100.0%93.7K0.012.0K
$290.00Jul 280.000.01$0.01100.0%65.5K0.014.2K
$285.00Jul 310.670.70$0.694.3%40.7K0.1688.5K

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 705.4%, max 2338.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$321.00Jul 28Sep 4413.5%17.0%2338.1%514
$320.00Jul 28Sep 4400.6%17.0%2253.6%643
$317.00Jul 28Sep 4361.5%17.3%1993.9%638
$316.00Jul 28Sep 4348.3%17.4%1906.1%332
$255.00Jul 28Aug 21616.4%32.0%1828.6%52.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$320.00Jul 28Aug 21400.6%16.6%2309.4%8855
$250.00Jul 28Aug 28696.6%32.3%2059.4%1177
$260.00Jul 28Sep 4537.0%28.1%1810.4%628
$266.00Jul 28Sep 4442.6%26.4%1573.9%10127
$311.00Jul 28Aug 21280.9%17.1%1546.6%2233

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 3.99)

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$0.14$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. 688 found (best R:R 103.00, avg 2.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$276.00Aug 4$25.75$25.75$0.25103.00$275.75
$265.00$279.00Jul 29$13.82$13.82$0.1876.78$278.82
$264.00$280.00Aug 3$15.63$15.63$0.3742.24$279.63
$245.00$250.00Aug 7$4.88$4.88$0.1240.67$249.88
$250.00$255.00Aug 21$4.88$4.88$0.1240.67$254.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$311.00Aug 21$8.75$8.75$0.2535.00$311.25
$304.00$301.00Jul 28$2.85$2.85$0.1519.00$301.15
$299.00$298.00Jul 29$0.89$0.89$0.118.09$298.11
$295.00$294.00Jul 28$0.88$0.88$0.127.33$294.12
$308.00$305.00Aug 14$2.64$2.64$0.367.33$305.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 86 found (avg debit $0.45, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$250.00Jul 31Aug 4$0.0564.0%45.2%
$307.50Aug 4Aug 6$0.0517.0%16.8%
$301.00Jul 28Jul 29$0.06137.0%27.7%
$280.00Jul 28Jul 29$0.08223.7%41.9%
$321.00Jul 28Aug 21$0.08413.5%16.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$300.00Jul 28Jul 29$0.06121.7%27.8%
$303.00Jul 29Jul 31$0.0629.1%21.7%
$282.00Jul 28Jul 29$0.07192.2%39.5%
$283.00Jul 28Jul 29$0.09176.3%38.2%
$277.50Jul 30Jul 31$0.0938.7%35.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 416 found (cheapest 0.12% of stock, avg 5.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 28$0.24$0.11$0.35$292.65$293.350.12%
$294.00Jul 28$0.01$0.88$0.89$293.11$294.890.30%
$292.00Jul 28$1.37$0.01$1.38$290.62$293.380.47%
$295.00Jul 28$0.01$1.76$1.77$293.23$296.770.60%
$291.00Jul 28$2.47$0.01$2.48$288.52$293.480.85%
$296.00Jul 28$0.01$2.77$2.78$293.22$298.780.95%
$290.00Jul 28$3.33$0.01$3.34$286.66$293.341.14%
$297.00Jul 28$0.01$3.60$3.61$293.39$300.611.23%
$294.00Jul 29$1.49$2.31$3.80$290.20$297.801.30%
$293.00Jul 29$2.00$1.83$3.83$289.17$296.831.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 350 found (cheapest 0.31% of stock, avg 2.25%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$298.00$289.00Jul 29$0.29$0.63$0.92$288.08$298.92
$297.00$289.00Jul 29$0.47$0.63$1.10$287.90$298.10
$298.00$290.00Jul 29$0.29$0.84$1.13$288.87$299.13
$297.00$290.00Jul 29$0.47$0.84$1.31$288.69$298.31
$296.00$289.00Jul 29$0.72$0.63$1.35$287.65$297.35
$298.00$291.00Jul 29$0.29$1.10$1.39$289.61$299.39
$296.00$290.00Jul 29$0.72$0.84$1.56$288.44$297.56
$297.00$291.00Jul 29$0.47$1.10$1.57$289.43$298.57
$298.00$289.00Jul 30$0.54$1.06$1.60$287.40$299.60
$295.00$289.00Jul 29$1.06$0.63$1.69$287.31$296.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 444 found (best R:R 14.15, avg credit $1.15)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/255260/270Aug 28$9.34$0.6614.15$245.66$269.34
272/274280/282Aug 10$1.85$0.1512.33$272.15$281.85
276/277278/280Aug 14$1.83$0.1710.76$275.17$279.83
272/273275/277Aug 28$1.82$0.1810.11$271.18$276.82
273/274275/277Aug 28$1.82$0.1810.11$272.18$276.82
284/285286/288Aug 3$1.36$0.149.71$283.64$287.36
283/284286/288Aug 3$1.35$0.159.00$282.65$287.35
288/289291/292Aug 4$0.90$0.109.00$288.10$291.90
283/284287/288Aug 5$0.90$0.109.00$283.10$287.90
284/285289/290Aug 10$0.90$0.109.00$284.10$289.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 131 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
$240.00$245.00$250.00Aug 7$0.10$4.9049.00
$240.00$245.00$250.00Aug 21$0.11$4.8944.45
$250.00$255.00$260.00Jul 31$0.14$4.8634.71
$315.00$320.00$325.00Aug 28$0.17$4.8328.41
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$0.06$4.9482.33
$255.00$260.00$265.00Aug 28$0.08$4.9261.50
$260.00$265.00$270.00Aug 28$0.13$4.8737.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 427 found (best net $--, 410 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$264.001:2Jul 29-$5.29$18.71
$240.00$264.001:2Aug 3-$5.52$18.48
$265.00$279.001:2Jul 29-$0.64$13.36
$270.00$282.001:2Aug 5-$0.85$11.15
$310.00$317.001:2Aug 5$0.00$7.00
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
$255.00$245.001:2Aug 5$0.00$10.00
$260.00$250.001:2Jul 28-$0.01$9.99
$260.00$250.001:2Aug 10-$0.02$9.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 209 found (best yield 2.65%, avg 0.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Sep 4$7.770.490.3%2.65%2.95%1115
$295.00Sep 4$7.210.480.6%2.46%3.10%3211
$294.00Aug 28$6.940.490.3%2.37%2.67%33124
$296.00Sep 4$6.670.461.0%2.28%3.26%511
$295.00Aug 28$6.380.470.6%2.18%2.82%8582
$294.00Aug 21$6.050.490.3%2.06%2.36%1561.2K
$297.50Sep 4$5.900.421.5%2.01%3.51%11
$296.00Aug 28$5.840.451.0%1.99%2.97%32177
$298.00Sep 4$5.650.411.7%1.93%3.59%10172
$295.00Aug 21$5.490.460.6%1.87%2.51%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 540,065
Total Puts 907,521
Put/Call Ratio 1.68
Net Difference -367,456

Prior's Put/Call Breakdown

Total Calls 491,406
Total Puts 1,121,503
Put/Call Ratio 2.28
Net Difference -630,097

Prior 7-Day Put/Call Summary

Total Calls 3,625,846
Total Puts 6,563,511
Average Put/Call Ratio 1.82
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

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