IWM - Options Database

IWM

iShares Russell 2000 ETF

$285.65 +0.55%

(9/21 15:50) ◀

Monday, September 21, 2026 (3:55pm)

▶ (9/21 16:00)

◀ 9/21 15:55 ▶

Option Volume

Detail

ℹ

Current (09/21 3:55pm) 1,135,150

Calls: 525,592 (46%)

Puts: 609,558 (54%)

Prior (09/18) 1,410,740

Calls: 440,907 (31%)

Puts: 969,833 (69%)

Current vs Prior -19.54%

Calls: +19.21% (Calls)

Puts: -37.15% (Puts)

Prior 7-Day Total 11,520,249

Calls: 3,993,124 (35%)

Puts: 7,527,125 (65%)

Prior 7-Day Average 1,645,749

Calls: 570,446 (35%)

Puts: 1,075,303 (65%)

Current vs Prior 7-Day Avg -31.03%

Calls: -7.86%

Puts: -43.31%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21 3:55pm) $95.87M

Calls: $34.06M (36%)

Puts: $61.81M (64%)

Prior (09/18) $150.30M

Calls: $35.11M (23%)

Puts: $115.19M (77%)

Current vs Prior -36.22%

Calls: -3.00%

Puts: -46.34%

Prior 7-Day Total $3.25B

Calls: $1.80B (55%)

Puts: $1.45B (45%)

Prior 7-Day Average $464.23M

Calls: $256.75M (55%)

Puts: $207.48M (45%)

Current vs Prior 7-Day Avg -79.35%

Calls: -86.73%

Puts: -70.21%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/21 3:55pm) 1.16

Prior (09/18) 2.20

Current vs Prior -47.28%

Prior 7-Day Average 1.98

Current vs Prior 7-Day Avg -41.56%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21 3:55pm) 2,698,063

Calls: 785,384 (29%)

Puts: 1,912,679 (71%)

Prior (09/18) 4,638,713

Calls: 1,320,059 (28%)

Puts: 3,318,654 (72%)

Current vs Prior -41.84%

Prior 7-Day Total 32,526,112

Calls: 9,338,542 (29%)

Puts: 23,187,570 (71%)

Prior 7-Day Average 4,646,587

Calls: 1,334,077 (29%)

Puts: 3,312,510 (71%)

Current vs Prior 7-Day Avg -41.93%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/21) | Next (09/22)Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 0.35% | 0.85%0.35% | 1.11%1.56% | 2.44%0.35% | 3.72%

Prior 0.90% | 1.17%0.38% | 0.90%0.38% | 1.76%0.38% | 3.87%

Current vs Prior -60.91% | -27.50%-6.97% | +22.67%+309.87% | +38.72%-6.97% | -3.80%

Prior 7-Day Avg 1.14% | 1.52%0.79% | 1.47%1.29% | 2.44%0.83% | 4.51%

Current vs 7-Day Avg -69.05% | -44.41%-55.10% | -24.73%+20.77% | -0.23%-57.25% | -17.35%

Prior 7-Day Eod 0.90% | 1.17%0.38% | 0.90%0.38% | 1.76%0.38% | 3.87%

Current vs 7-Day Eod -60.91% | -27.50%-6.97% | +22.67%+309.87% | +38.72%-6.97% | -3.80%

Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 45.77% | 0.82%

Calls: 67.86% | 0.92%

Puts: 23.68% | 0.73%

Prior 3.39% | 4.14%

Calls: 2.75% | 3.29%

Puts: 4.03% | 5.00%

Current vs Prior +1250.15% | -80.19%

Prior 7-Day Avg 5.08% | 3.92%

Calls: 4.43% | 3.66%

Puts: 5.73% | 4.19%

Current vs 7-Day Avg +800.48% | -79.10%

Liquidity Excellent

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🤖 AI Insights

Moderately bearish flow with 64% put dollar volume ($61.81M). Slightly bearish P/C ratio of 1.16. P/C ratio dropping 47% - sentiment shifting bullish. Put-heavy open interest (1,912,679 puts vs 785,384 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 BULLISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

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)

Time	Smart Money	Retail	Overall
15:55	BEARISH	BEARISH	BEARISH
15:50	BEARISH	BEARISH	BEARISH
15:45	BEARISH	BEARISH	BEARISH
15:40	BEARISH	BEARISH	BEARISH
15:35	BEARISH	BEARISH	BEARISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 953 of results (avg 4.1%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$271.00	Oct 30	17.84	17.99	$17.92	0.8%	13	0.80	9
$273.00	Oct 23	15.44	15.59	$15.52	1.0%	7	0.80	13
$272.00	Oct 30	16.98	17.15	$17.06	1.0%	3	0.79	13
$275.00	Oct 30	14.54	14.69	$14.61	1.0%	21	0.74	109
$273.00	Oct 30	16.15	16.32	$16.24	1.0%	1	0.77	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$285.00	Oct 16	4.36	4.40	$4.38	0.9%	1.8K	0.47	70.0K
$290.00	Oct 30	8.07	8.15	$8.11	1.0%	12	0.59	1.0K
$285.00	Oct 30	5.69	5.75	$5.72	1.0%	168	0.47	773
$289.00	Oct 30	7.54	7.62	$7.58	1.1%	226	0.56	291
$287.00	Oct 30	6.56	6.63	$6.60	1.1%	25	0.52	92

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 387 found (avg $0.36, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$290.00	Sep 22	0.06	0.07	$0.07	14.3%	2.5K	0.06	3.4K
$289.00	Sep 22	0.11	0.12	$0.12	8.3%	9.3K	0.10	5.6K
$288.00	Sep 22	0.21	0.22	$0.22	4.5%	7.9K	0.18	6.5K
$287.00	Sep 22	0.41	0.43	$0.42	4.8%	11.2K	0.30	551
$290.00	Sep 23	0.16	0.17	$0.17	5.9%	3.3K	0.11	7.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$281.00	Sep 22	0.05	0.06	$0.06	16.7%	792	0.05	695
$282.50	Sep 22	0.13	0.14	$0.14	7.1%	622	0.11	947
$283.00	Sep 22	0.18	0.19	$0.19	5.3%	2.1K	0.14	562
$282.00	Sep 22	0.10	0.11	$0.11	9.1%	3.2K	0.08	1.4K
$284.00	Sep 22	0.34	0.35	$0.35	2.9%	3.8K	0.23	707

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 515 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Oct 16	55.71	57.18	$56.45	2.6%	--	1.00	15
$235.00	Oct 16	50.72	52.22	$51.47	2.9%	--	1.00	84
$240.00	Oct 16	45.83	47.26	$46.55	3.1%	1	1.00	87
$245.00	Oct 16	40.85	42.32	$41.59	3.5%	--	1.00	53
$240.00	Oct 23	46.06	47.53	$46.80	3.1%	--	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$287.00	Sep 21	1.14	1.40	$1.27	20.5%	6.0K	1.00	1.1K
$288.00	Sep 21	2.11	2.71	$2.41	24.9%	642	1.00	393
$289.00	Sep 21	3.07	4.08	$3.58	28.2%	304	1.00	2
$290.00	Sep 21	4.11	5.05	$4.58	20.5%	368	1.00	274
$291.00	Sep 21	4.81	5.86	$5.34	19.7%	25	1.00	16

Most actively traded options today. High liquidity = easy entry/exit. 1,186 active (total vol 1.1M, top 133.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$286.00	Sep 21	0.02	0.04	$0.03	66.7%	133.1K	0.22	2.6K
$287.00	Sep 21	0.00	0.01	$0.01	100.0%	72.1K	0.02	2.3K
$285.00	Sep 21	0.34	0.91	$0.63	90.5%	33.3K	0.93	3.5K
$293.00	Sep 25	0.19	0.20	$0.20	5.0%	23.2K	0.09	21.5K
$286.00	Sep 22	0.78	0.80	$0.79	2.5%	13.7K	0.46	3.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$285.00	Sep 21	0.01	0.02	$0.02	50.0%	99.8K	0.07	2.6K
$286.00	Sep 21	0.33	0.42	$0.38	23.7%	72.8K	0.78	914
$272.00	Oct 16	1.28	1.31	$1.30	2.3%	60.2K	0.16	31.9K
$270.00	Oct 16	1.08	1.10	$1.09	1.8%	59.6K	0.14	87.2K
$284.00	Sep 21	0.00	0.01	$0.01	100.0%	26.3K	0.02	1.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 2.3%, max 2.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$286.00	Sep 21	Oct 30	16.4%	16.0%	2.3%	133.2K	2.7K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$286.00	Sep 21	Oct 30	16.4%	16.0%	2.3%	72.8K	1.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 376 found (best R:R 1.63, avg 3.61)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$272.50	$273.00	Sep 21	$0.19	$0.31	$0.19	100%	1.63	$272.69
$282.50	$283.00	Sep 21	$0.27	$0.23	$0.27	99%	0.85	$282.77
$277.00	$277.50	Sep 21	$0.29	$0.21	$0.29	100%	0.72	$277.29
$282.00	$282.50	Sep 23	$0.32	$0.18	$0.32	85%	0.56	$282.32
$285.00	$286.00	Sep 21	$0.60	$0.40	$0.60	93%	0.67	$285.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$250.00	$245.00	Oct 30	$0.13	$4.87	$0.13	6%	37.46	$249.87
$285.00	$284.00	Oct 16	$0.38	$0.62	$0.38	47%	1.63	$284.62
$280.00	$279.00	Oct 30	$0.27	$0.73	$0.27	35%	2.70	$279.73
$285.00	$284.00	Oct 30	$0.39	$0.61	$0.39	47%	1.56	$284.61
$281.00	$280.00	Oct 23	$0.28	$0.72	$0.28	36%	2.57	$280.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 267 found (best R:R 0.12, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$293.00	$300.00	Oct 5	$0.75	$0.75	$6.25	80%	0.12	$293.75
$286.00	$287.00	Oct 9	$0.54	$0.54	$0.46	50%	1.17	$286.54
$286.00	$287.00	Oct 30	$0.55	$0.55	$0.45	50%	1.22	$286.55
$286.00	$287.00	Oct 16	$0.54	$0.54	$0.46	50%	1.17	$286.54
$287.00	$288.00	Oct 16	$0.51	$0.51	$0.49	53%	1.04	$287.51

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$285.00	$284.00	Sep 22	$0.29	$0.29	$0.71	62%	0.41	$284.71
$284.00	$283.00	Sep 22	$0.16	$0.16	$0.84	76%	0.19	$283.84
$284.00	$283.00	Sep 23	$0.23	$0.23	$0.77	70%	0.30	$283.77
$281.00	$280.00	Sep 24	$0.11	$0.11	$0.89	85%	0.12	$280.89
$285.00	$284.00	Sep 23	$0.33	$0.33	$0.67	59%	0.49	$284.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.07, cheapest $1.88)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$287.50	Sep 25	Oct 9	$2.26	16.5%	17.0%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$287.50	Sep 25	Oct 9	$1.88	16.5%	17.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 469 found (cheapest 0.14% of stock, avg 4.15%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$286.00	Sep 21	$0.03	$0.38	$0.41	$285.59	$286.41	0.14%
$285.00	Sep 21	$0.63	$0.02	$0.65	$284.35	$285.65	0.23%
$287.00	Sep 21	$0.01	$1.27	$1.28	$285.72	$288.28	0.45%
$284.00	Sep 21	$1.70	$0.01	$1.71	$282.29	$285.71	0.60%
$286.00	Sep 22	$0.79	$1.09	$1.88	$284.12	$287.88	0.66%
$285.00	Sep 22	$1.33	$0.64	$1.97	$283.03	$286.97	0.69%
$287.00	Sep 22	$0.42	$1.74	$2.16	$284.84	$289.16	0.76%
$284.00	Sep 22	$2.04	$0.35	$2.39	$281.61	$286.39	0.84%
$288.00	Sep 21	$0.01	$2.41	$2.42	$285.58	$290.42	0.85%
$286.00	Sep 23	$1.17	$1.45	$2.62	$283.38	$288.62	0.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 351 found (cheapest 0.02% of stock, avg 1.56%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$286.00	$285.00	Sep 21	$0.03	$0.02	$0.05	$284.95	$286.05
$290.00	$282.00	Sep 22	$0.07	$0.11	$0.18	$281.82	$290.18
$290.00	$282.50	Sep 22	$0.07	$0.14	$0.21	$282.29	$290.21
$289.00	$282.00	Sep 22	$0.12	$0.11	$0.23	$281.77	$289.23
$289.00	$282.50	Sep 22	$0.12	$0.14	$0.26	$282.24	$289.26
$290.00	$283.00	Sep 22	$0.07	$0.19	$0.26	$282.74	$290.26
$289.00	$283.00	Sep 22	$0.12	$0.19	$0.31	$282.69	$289.31
$288.00	$282.00	Sep 22	$0.22	$0.11	$0.33	$281.67	$288.33
$288.00	$282.50	Sep 22	$0.22	$0.14	$0.36	$282.14	$288.36
$288.00	$283.00	Sep 22	$0.22	$0.19	$0.41	$282.59	$288.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 319 found (best R:R 0.85, avg credit $0.41)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
265/266	293/294	Oct 30	$0.46	$0.54	52%	0.85	$265.54	$293.46
270/271	293/294	Oct 30	$0.51	$0.49	46%	1.04	$270.49	$293.51
266/267	293/294	Oct 30	$0.46	$0.54	50%	0.85	$266.54	$293.46
267/268	293/294	Oct 30	$0.47	$0.53	50%	0.89	$267.53	$293.47
268/269	293/294	Oct 30	$0.48	$0.52	48%	0.92	$268.52	$293.48
274/275	291/292	Oct 16	$0.52	$0.48	44%	1.08	$274.48	$291.52
274/275	292/293	Oct 16	$0.49	$0.51	47%	0.96	$274.51	$292.49
268/269	293/294	Oct 23	$0.43	$0.57	53%	0.75	$268.57	$293.43
269/270	293/294	Oct 23	$0.44	$0.56	52%	0.79	$269.56	$293.44
271/272	291/292	Oct 16	$0.47	$0.53	49%	0.89	$271.53	$291.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 203 found (best R:R 0.89, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$285.00	$286.00	$287.00	Sep 21	$0.58	$0.42	91%	0.72
$284.00	$285.00	$286.00	Sep 21	$0.47	$0.53	76%	1.13
$240.00	$245.00	$250.00	Oct 16	$0.11	$4.89	6%	44.45
$285.00	$286.00	$287.00	Sep 22	$0.17	$0.83	33%	4.88
$283.00	$284.00	$285.00	Sep 25	$0.06	$0.94	14%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$285.00	$286.00	$287.00	Sep 21	$0.53	$0.47	93%	0.89
$284.00	$285.00	$286.00	Sep 21	$0.35	$0.65	77%	1.86
$250.00	$260.00	$270.00	Oct 5	$0.17	$9.83	6%	57.82
$284.00	$285.00	$286.00	Sep 22	$0.16	$0.84	31%	5.25
$286.00	$287.00	$288.00	Sep 22	$0.14	$0.86	28%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 511 found (best net $-5.70, 502 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$240.00	$261.00	1:2	Oct 23	-$5.70	$15.30
$250.00	$265.00	1:2	Sep 24	-$5.88	$9.12
$283.00	$284.00	1:2	Sep 21	-$0.69	$0.31
$285.00	$286.00	1:2	Sep 22	-$0.25	$0.75
$284.00	$285.00	1:2	Sep 22	-$0.62	$0.38

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$298.00	$293.00	1:2	Sep 24	-$2.20	$2.80
$288.00	$287.00	1:2	Sep 21	-$0.13	$0.87
$300.00	$295.00	1:2	Sep 23	-$4.18	$0.82
$286.00	$285.00	1:2	Sep 22	-$0.19	$0.81
$285.00	$284.00	1:2	Sep 22	-$0.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 209 found (best yield 2.42%, avg 0.53%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$286.00	Oct 30	$6.90	0.50	0.1%	2.42%	2.54%	87	103
$287.00	Oct 30	$6.38	0.48	0.5%	2.23%	2.71%	30	117
$287.50	Oct 30	$6.11	0.47	0.7%	2.14%	2.79%	27	135
$288.00	Oct 30	$5.85	0.46	0.8%	2.05%	2.87%	111	153
$289.00	Oct 30	$5.35	0.44	1.2%	1.87%	3.05%	33	156
$290.00	Oct 30	$4.88	0.41	1.5%	1.71%	3.23%	118	236
$291.00	Oct 30	$4.43	0.39	1.9%	1.55%	3.42%	70	140
$292.00	Oct 30	$4.02	0.37	2.2%	1.41%	3.63%	283	169
$292.50	Oct 30	$3.82	0.35	2.4%	1.34%	3.74%	21	44
$286.00	Oct 23	$5.98	0.50	0.1%	2.09%	2.22%	66	185

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 525,592

Total Puts 609,558

Put/Call Ratio 1.16

Net Difference -83,966

Prior's Put/Call Breakdown

Total Calls 440,907

Total Puts 969,833

Put/Call Ratio 2.20

Net Difference -528,926

Prior 7-Day Put/Call Summary

Total Calls 3,993,124

Total Puts 7,527,125

Average Put/Call Ratio 1.98

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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