IWM - Options Database

IWM

iShares Russell 2000 ETF

$287.39 +0.63%

(9/22 15:10) ◀

Tuesday, September 22, 2026 (3:14pm)

▶

◀ 9/22 15:14

Option Volume

Detail

ℹ

Current (09/22) 1,438,097

Calls: 768,417 (53%)

Puts: 669,680 (47%)

Prior (09/21) 1,187,451

Calls: 545,310 (46%)

Puts: 642,141 (54%)

Current vs Prior +21.11%

Calls: +40.91% (Calls)

Puts: +4.29% (Puts)

Prior 7-Day Total 10,795,894

Calls: 4,221,482 (39%)

Puts: 6,574,412 (61%)

Prior 7-Day Average 1,542,270

Calls: 603,068 (39%)

Puts: 939,201 (61%)

Current vs Prior 7-Day Avg -6.75%

Calls: +27.42%

Puts: -28.70%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22) $106.12M

Calls: $50.02M (47%)

Puts: $56.10M (53%)

Prior (09/21) $100.39M

Calls: $35.57M (35%)

Puts: $64.83M (65%)

Current vs Prior +5.70%

Calls: +40.63%

Puts: -13.46%

Prior 7-Day Total $2.90B

Calls: $1.77B (61%)

Puts: $1.13B (39%)

Prior 7-Day Average $414.79M

Calls: $253.52M (61%)

Puts: $161.27M (39%)

Current vs Prior 7-Day Avg -74.42%

Calls: -80.27%

Puts: -65.21%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/22) 0.87

Prior (09/21) 1.18

Current vs Prior -25.99%

Prior 7-Day Average 1.68

Current vs Prior 7-Day Avg -48.03%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/22) 2,813,105

Calls: 851,158 (30%)

Puts: 1,961,947 (70%)

Prior (09/21) 2,698,063

Calls: 785,384 (29%)

Puts: 1,912,679 (71%)

Current vs Prior +4.26%

Prior 7-Day Total 28,513,756

Calls: 8,059,185 (28%)

Puts: 20,454,571 (72%)

Prior 7-Day Average 4,073,393

Calls: 1,151,312 (28%)

Puts: 2,922,081 (72%)

Current vs Prior 7-Day Avg -30.94%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/22) | Next (09/23)Expiry (09/23) | Next (09/25)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.38% | 0.87%0.87% | 1.28%1.28% | 2.33%3.60% | 6.77%

Prior 0.84% | 1.10%0.35% | 1.10%1.54% | 2.43%0.35% | 3.72%

Current vs Prior -54.46% | -21.13%+148.40% | +15.78%-17.12% | -4.21%+927.38% | +81.82%

Prior 7-Day Avg 1.06% | 1.43%0.65% | 1.42%1.44% | 2.41%0.45% | 4.23%

Current vs 7-Day Avg -63.81% | -39.13%+32.95% | -10.30%-11.25% | -3.27%+699.36% | +60.03%

Prior 7-Day Eod 0.39% | 0.87%0.35% | 1.10%1.54% | 2.43%0.35% | 3.72%

Current vs 7-Day Eod -0.92% | -0.02%+148.40% | +15.78%-17.12% | -4.21%+927.38% | +81.82%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.92% | 1.60%

Calls: 6.82% | 1.67%

Puts: 3.03% | 1.54%

Prior 4.04% | 3.84%

Calls: 5.34% | 3.51%

Puts: 2.75% | 4.17%

Current vs Prior +21.78% | -58.33%

Prior 7-Day Avg 5.56% | 3.28%

Calls: 5.40% | 3.08%

Puts: 6.45% | 4.04%

Current vs 7-Day Avg -11.58% | -51.20%

Liquidity Good

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🤖 AI Insights

P/C ratio dropping 26% - sentiment shifting bullish. Put-heavy open interest (1,961,947 puts vs 851,158 calls) suggests hedging or bearish positioning.

Smart Money BEARISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

📈 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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1,025 of results (avg 2.9%, best 0.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Sep 22	57.26	57.49	$57.38	0.4%	--	1.00	30
$287.50	Sep 25	1.72	1.73	$1.73	0.6%	1.4K	0.50	1.0K
$285.00	Oct 16	6.70	6.74	$6.72	0.6%	738	0.59	4.6K
$277.00	Oct 16	12.70	12.78	$12.74	0.6%	1	0.79	145
$274.00	Oct 30	16.64	16.75	$16.70	0.7%	5	0.79	45

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$285.00	Oct 16	3.58	3.59	$3.59	0.3%	2.9K	0.41	70.3K
$286.00	Oct 30	5.31	5.33	$5.32	0.4%	144	0.45	161
$287.00	Oct 16	4.36	4.38	$4.37	0.5%	575	0.48	4.3K
$283.00	Oct 30	4.23	4.25	$4.24	0.5%	22	0.38	172
$282.50	Oct 30	4.07	4.09	$4.08	0.5%	--	0.37	88

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 399 found (avg $0.36, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$287.00	Sep 22	0.42	0.45	$0.44	6.8%	84.9K	0.81	3.7K
$292.00	Sep 23	0.07	0.08	$0.08	12.5%	1.7K	0.06	753
$291.00	Sep 23	0.13	0.14	$0.14	7.1%	3.5K	0.10	1.2K
$290.00	Sep 23	0.23	0.24	$0.24	4.2%	12.1K	0.17	9.9K
$289.00	Sep 23	0.41	0.42	$0.42	2.4%	14.5K	0.27	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$287.00	Sep 22	0.05	0.06	$0.06	16.7%	97.1K	0.19	765
$288.00	Sep 22	0.65	0.67	$0.66	3.0%	52.5K	0.85	1.7K
$284.00	Sep 23	0.13	0.14	$0.14	7.1%	3.1K	0.10	1.5K
$283.00	Sep 23	0.08	0.09	$0.09	11.1%	1.0K	0.07	786
$282.50	Sep 23	0.06	0.07	$0.07	14.3%	157	0.05	458

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 520 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Sep 22	57.26	57.49	$57.38	0.4%	--	1.00	30
$260.00	Sep 22	27.26	27.50	$27.38	0.9%	27	1.00	--
$261.00	Sep 22	26.28	26.50	$26.39	0.8%	27	1.00	1
$262.00	Sep 22	25.27	25.50	$25.39	0.9%	25	1.00	--
$263.00	Sep 22	24.27	24.50	$24.39	0.9%	25	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$295.00	Sep 23	7.43	7.76	$7.60	4.3%	40	1.00	--
$296.00	Sep 23	8.53	8.76	$8.65	2.7%	1	1.00	--
$298.00	Sep 23	10.42	10.76	$10.59	3.2%	12	1.00	--
$299.00	Sep 23	11.42	11.76	$11.59	2.9%	1	1.00	--
$300.00	Sep 23	12.42	12.74	$12.58	2.5%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 1,186 active (total vol 1.4M, top 152.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$288.00	Sep 22	0.04	0.05	$0.05	20.0%	152.3K	0.15	7.7K
$289.00	Sep 22	0.01	0.02	$0.02	50.0%	99.2K	0.04	5.1K
$287.00	Sep 22	0.42	0.45	$0.44	6.8%	84.9K	0.81	3.7K
$290.00	Sep 22	0.01	0.02	$0.02	50.0%	31.2K	0.03	4.6K
$300.00	Sep 30	0.13	0.15	$0.14	14.3%	29.9K	0.05	23.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$287.00	Sep 22	0.05	0.06	$0.06	16.7%	97.1K	0.19	765
$286.00	Sep 22	0.01	0.02	$0.02	50.0%	85.4K	0.04	2.2K
$272.00	Oct 16	0.98	1.00	$0.99	2.0%	81.4K	0.13	98.0K
$288.00	Sep 22	0.65	0.67	$0.66	3.0%	52.5K	0.85	1.7K
$274.00	Oct 16	1.18	1.21	$1.19	2.5%	44.0K	0.16	32.6K

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 19.9%, max 19.9%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$288.00	Sep 22	Oct 30	19.0%	15.8%	19.9%	152.7K	7.9K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$288.00	Sep 22	Oct 30	19.0%	15.8%	19.9%	52.9K	1.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 368 found (best R:R 57.82, avg 3.22)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$287.00	$288.00	Sep 22	$0.39	$0.61	$0.39	81%	1.56	$287.39
$293.00	$294.00	Sep 29	$0.13	$0.87	$0.13	18%	6.69	$293.13
$295.00	$296.00	Oct 1	$0.11	$0.89	$0.11	15%	8.09	$295.11
$296.00	$297.00	Oct 2	$0.11	$0.89	$0.11	15%	8.09	$296.11
$293.00	$294.00	Sep 30	$0.16	$0.84	$0.16	21%	5.25	$293.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$270.00	$260.00	Oct 6	$0.17	$9.83	$0.17	6%	57.82	$269.83
$276.00	$270.00	Oct 6	$0.33	$5.67	$0.33	12%	17.18	$275.67
$283.00	$281.00	Oct 6	$0.44	$1.56	$0.44	30%	3.55	$282.56
$280.00	$279.00	Oct 30	$0.24	$0.76	$0.24	31%	3.17	$279.76
$286.00	$285.00	Oct 30	$0.38	$0.62	$0.38	45%	1.63	$285.62

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 270 found (best R:R 0.03, avg 0.39)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$300.00	$310.00	Oct 6	$0.30	$0.30	$9.70	91%	0.03	$300.30
$288.00	$289.00	Oct 23	$0.56	$0.56	$0.44	51%	1.27	$288.56
$296.00	$300.00	Oct 6	$0.45	$0.45	$3.55	83%	0.13	$296.45
$288.00	$289.00	Oct 30	$0.54	$0.54	$0.46	51%	1.17	$288.54
$291.00	$292.00	Oct 30	$0.47	$0.47	$0.53	57%	0.89	$291.47

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$287.00	$286.00	Sep 23	$0.34	$0.34	$0.66	57%	0.52	$286.66
$285.00	$284.00	Sep 24	$0.19	$0.19	$0.81	76%	0.23	$284.81
$286.00	$285.00	Sep 23	$0.19	$0.19	$0.81	72%	0.23	$285.81
$286.00	$285.00	Sep 24	$0.26	$0.26	$0.74	66%	0.35	$285.74
$287.00	$286.00	Sep 24	$0.37	$0.37	$0.63	55%	0.59	$286.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.33, cheapest $2.12)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$287.50	Sep 25	Oct 9	$2.53	15.8%	15.2%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$287.50	Sep 25	Oct 9	$2.12	15.8%	15.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 475 found (cheapest 0.17% of stock, avg 4.26%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$287.00	Sep 22	$0.44	$0.06	$0.50	$286.50	$287.50	0.17%
$288.00	Sep 22	$0.05	$0.66	$0.71	$287.29	$288.71	0.25%
$286.00	Sep 22	$1.40	$0.02	$1.42	$284.58	$287.42	0.49%
$289.00	Sep 22	$0.02	$1.61	$1.63	$287.37	$290.63	0.57%
$287.00	Sep 23	$1.20	$0.77	$1.97	$285.03	$288.97	0.69%
$288.00	Sep 23	$0.73	$1.30	$2.03	$285.97	$290.03	0.71%
$286.00	Sep 23	$1.86	$0.43	$2.29	$283.71	$288.29	0.80%
$285.00	Sep 22	$2.38	$0.01	$2.39	$282.61	$287.39	0.83%
$289.00	Sep 23	$0.42	$1.99	$2.41	$286.59	$291.41	0.84%
$290.00	Sep 22	$0.02	$2.64	$2.66	$287.34	$292.66	0.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 351 found (cheapest 0.04% of stock, avg 1.57%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$288.00	$287.00	Sep 22	$0.05	$0.06	$0.11	$286.89	$288.11
$292.00	$283.00	Sep 23	$0.08	$0.09	$0.17	$282.83	$292.17
$291.00	$283.00	Sep 23	$0.14	$0.09	$0.23	$282.77	$291.23
$292.00	$284.00	Sep 23	$0.08	$0.14	$0.22	$283.78	$292.22
$291.00	$284.00	Sep 23	$0.14	$0.14	$0.28	$283.72	$291.28
$290.00	$283.00	Sep 23	$0.24	$0.09	$0.33	$282.67	$290.33
$292.00	$285.00	Sep 23	$0.08	$0.24	$0.32	$284.68	$292.32
$290.00	$284.00	Sep 23	$0.24	$0.14	$0.38	$283.62	$290.38
$291.00	$285.00	Sep 23	$0.14	$0.24	$0.38	$284.62	$291.38
$292.00	$283.00	Sep 24	$0.21	$0.22	$0.43	$282.57	$292.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 357 found (best R:R 1.04, avg credit $0.41)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
276/277	293/294	Oct 16	$0.51	$0.49	46%	1.04	$276.49	$293.51
273/274	293/294	Oct 16	$0.46	$0.54	50%	0.85	$273.54	$293.46
281/282	293/294	Oct 16	$0.62	$0.38	34%	1.63	$281.38	$293.62
274/275	293/294	Oct 16	$0.47	$0.53	49%	0.89	$274.53	$293.47
270/271	294/295	Oct 23	$0.44	$0.56	52%	0.79	$270.56	$294.44
271/272	294/295	Oct 23	$0.45	$0.55	51%	0.82	$271.55	$294.45
277/278	293/294	Oct 16	$0.52	$0.48	44%	1.08	$277.48	$293.52
274/275	294/295	Oct 23	$0.49	$0.51	47%	0.96	$274.51	$294.49
268/269	295/296	Oct 30	$0.44	$0.56	52%	0.79	$268.56	$295.44
270/271	295/296	Oct 23	$0.41	$0.59	55%	0.69	$270.59	$295.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 159 found (best R:R 1.86, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$287.00	$288.00	$289.00	Sep 22	$0.36	$0.64	77%	1.78
$286.00	$287.00	$288.00	Sep 22	$0.57	$0.43	80%	0.75
$300.00	$305.00	$310.00	Sep 30	$0.06	$4.94	4%	82.33
$286.00	$287.00	$288.00	Sep 24	$0.10	$0.90	22%	9.00
$300.00	$304.00	$308.00	Oct 5	$0.10	$3.90	6%	39.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$287.00	$288.00	$289.00	Sep 22	$0.35	$0.65	77%	1.86
$250.00	$260.00	$270.00	Oct 6	$0.10	$9.90	5%	99.00
$286.00	$287.00	$288.00	Sep 22	$0.56	$0.44	80%	0.79
$284.00	$285.00	$286.00	Sep 24	$0.07	$0.93	17%	13.29
$287.00	$288.00	$289.00	Sep 23	$0.16	$0.84	30%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 532 found (best net $-7.43, 519 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$240.00	$261.00	1:2	Oct 23	-$7.43	$13.57
$255.00	$270.00	1:2	Sep 28	-$2.70	$12.30
$270.00	$277.00	1:2	Sep 28	-$3.81	$3.19
$245.00	$260.00	1:2	Sep 25	-$12.60	$2.40
$285.00	$286.00	1:2	Sep 22	-$0.42	$0.58

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$320.00	$305.00	1:2	Oct 16	-$2.66	$12.34
$310.00	$300.00	1:2	Sep 30	-$2.64	$7.36
$300.00	$295.00	1:2	Sep 28	-$2.86	$2.14
$307.00	$300.00	1:2	Sep 23	-$5.57	$1.43
$313.00	$304.00	1:2	Sep 28	-$7.60	$1.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 210 found (best yield 2.42%, avg 0.52%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$287.50	Oct 30	$6.96	0.51	0.0%	2.42%	2.46%	10	136
$288.00	Oct 30	$6.68	0.49	0.2%	2.32%	2.54%	357	197
$289.00	Oct 30	$6.16	0.47	0.6%	2.14%	2.70%	148	166
$290.00	Oct 30	$5.65	0.45	0.9%	1.97%	2.87%	331	290
$291.00	Oct 30	$5.17	0.43	1.3%	1.80%	3.06%	60	179
$292.00	Oct 30	$4.71	0.41	1.6%	1.64%	3.24%	83	407
$292.50	Oct 30	$4.50	0.39	1.8%	1.57%	3.34%	37	44
$293.00	Oct 30	$4.29	0.38	1.9%	1.49%	3.44%	124	181
$294.00	Oct 30	$3.89	0.36	2.3%	1.35%	3.65%	76	65
$295.00	Oct 30	$3.52	0.34	2.6%	1.22%	3.87%	510	1.0K

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 768,417

Total Puts 669,680

Put/Call Ratio 0.87

Net Difference 98,737

Prior's Put/Call Breakdown

Total Calls 545,310

Total Puts 642,141

Put/Call Ratio 1.18

Net Difference -96,831

Prior 7-Day Put/Call Summary

Total Calls 4,221,482

Total Puts 6,574,412

Average Put/Call Ratio 1.68

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

🤖 AI Insights

📈 Options Analysis

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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