Tour v528
LITE
LUMENTUM HLDGS INC
$954.49 +2.53%
$957.30 (+0.29%)🌙
as of 09/21 06:02 PM
9/21 18:02

Option Volume

Detail
Current (09/21) 37,184
Calls: 17,984 (48%)
Puts: 19,200 (52%)
Prior (09/18) 60,595
Calls: 40,125 (66%)
Puts: 20,470 (34%)
Current vs Prior -38.64%
Calls: -55.18% (Calls)
Puts: -6.20% (Puts)
Prior 7-Day Total 271,587
Calls: 154,861 (57%)
Puts: 116,726 (43%)
Prior 7-Day Average 45,264
Calls: 22,123 (57%)
Puts: 16,675 (43%)
Current vs Prior 7-Day Avg -17.85%
Calls: -18.71%
Puts: +15.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/21) $128.30M
Calls: $63.06M (49%)
Puts: $65.23M (51%)
Prior (09/18) $167.79M
Calls: $116.01M (69%)
Puts: $51.78M (31%)
Current vs Prior -23.54%
Calls: -45.64%
Puts: +25.98%
Prior 7-Day Total $827.08M
Calls: $417.95M (51%)
Puts: $409.13M (49%)
Prior 7-Day Average $137.85M
Calls: $59.71M (51%)
Puts: $58.45M (49%)
Current vs Prior 7-Day Avg -6.93%
Calls: +5.62%
Puts: +11.61%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/21) 1.07
Prior (09/18) 0.51
Current vs Prior +109.27%
Prior 7-Day Average 0.80
Current vs Prior 7-Day Avg +33.68%
Sentiment BEARISH

Open Interest

Detail
Current (09/21) 227,219
Calls: 95,044 (42%)
Puts: 132,175 (58%)
Prior (09/18) 295,626
Calls: 124,148 (42%)
Puts: 171,478 (58%)
Current vs Prior -23.14%
Prior 7-Day Total 1,672,612
Calls: 697,666 (42%)
Puts: 974,946 (58%)
Prior 7-Day Average 278,768
Calls: 116,277 (42%)
Puts: 162,491 (58%)
Current vs Prior 7-Day Avg -18.49%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 6.81% | 10.59%15.43% | 25.58%
Prior 7.82% | 11.07%0.75% | 16.21%
Current vs Prior -12.92% | -4.36%+1967.01% | +57.83%
Prior 7-Day Avg 6.26% | 10.18%5.08% | 16.96%
Current vs 7-Day Avg +8.87% | +4.03%+204.01% | +50.87%
Prior 7-Day Eod 7.82% | 11.07%0.75% | 16.21%
Current vs 7-Day Eod -12.92% | -4.36%+1967.01% | +57.83%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 39.27% | 8.32%
Calls: 47.42% | 8.82%
Puts: 31.11% | 7.83%
Prior 39.27% | 8.32%
Calls: 47.42% | 8.82%
Puts: 31.11% | 7.83%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 13.73% | 8.01%
Calls: 13.76% | 8.11%
Puts: 13.70% | 7.92%
Current vs 7-Day Avg +186.05% | +3.87%
Liquidity Expensive
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🤖 AI Insights

Slightly bearish P/C ratio of 1.07. P/C ratio rising 109% - increased hedging/bearish positioning. Declining open interest (down 23%) indicates positions being closed.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 175 of results (avg 8.2%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$900.00Oct 16100.60105.60$103.104.8%320.66390
$930.00Oct 1683.5088.50$86.005.8%150.5997
$935.00Oct 1681.7086.60$84.155.8%20.58--
$880.00Sep 2579.6084.50$82.056.0%230.84344
$770.00Oct 16192.10204.50$198.306.3%20.8912
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$1000.00Oct 1695.70100.40$98.054.8%140.55233
$970.00Oct 1677.4081.40$79.405.0%400.4972
$990.00Oct 1689.7094.70$92.205.4%50.5448
$1055.00Oct 9123.10130.00$126.555.5%30.702
$980.00Oct 1683.4088.20$85.805.6%250.51173

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 224 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 25180.00192.10$186.056.5%--1.0013
$775.00Sep 25173.90187.00$180.457.3%--1.0011
$780.00Sep 25170.50182.00$176.256.5%--1.0010
$795.00Sep 25155.00167.30$161.157.6%--1.0016
$810.00Sep 25139.50152.60$146.059.0%--1.0023
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$1105.00Sep 25145.50158.90$152.208.8%--0.9422
$1100.00Sep 25139.60154.10$146.859.9%--0.9412
$1125.00Sep 25164.60178.10$171.357.9%20.93--
$1070.00Sep 25113.20123.50$118.358.7%--0.8925
$1050.00Sep 2596.20106.20$101.209.9%10.857

Most actively traded options today. High liquidity = easy entry/exit. 524 active (total vol 26.2K, top 3.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$1000.00Sep 2514.0016.00$15.0013.3%3.5K0.303.7K
$1100.00Sep 252.102.50$2.3017.4%1.8K0.06306
$1050.00Sep 255.806.30$6.058.3%6100.15227
$1080.00Sep 253.103.60$3.3514.9%4060.09377
$980.00Sep 2520.3023.60$21.9515.0%3240.40128
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 2515.4018.00$16.7015.6%1.5K0.32186
$930.00Sep 2518.9021.90$20.4014.7%1.3K0.3658
$800.00Sep 250.403.90$2.15162.8%5020.05682
$850.00Sep 252.703.60$3.1528.6%4190.08251
$950.00Sep 2526.3032.00$29.1519.6%3840.46121

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 71 strikes (avg 11.3%, max 17.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$1030.00Sep 25Oct 1685.6%72.9%17.5%161313
$965.00Sep 25Oct 2386.2%73.9%16.6%271138
$885.00Sep 25Oct 3081.5%70.7%15.3%455
$960.00Sep 25Oct 3081.2%70.6%15.0%301167
$890.00Sep 25Oct 3081.2%70.7%14.9%3189
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$965.00Sep 25Oct 3086.2%74.5%15.7%25822
$885.00Sep 25Oct 3081.5%70.7%15.3%10492
$960.00Sep 25Oct 3081.2%70.6%15.0%316172
$890.00Sep 25Oct 3081.2%70.7%14.9%236321
$955.00Sep 25Oct 3081.0%70.7%14.5%19845

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 461 found (best R:R 0.55, avg 3.25)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$830.00$860.00Oct 30$19.40$10.60$19.4077%0.55$849.40
$850.00$860.00Oct 16$4.55$5.45$4.5576%1.20$854.55
$930.00$950.00Oct 30$8.65$11.35$8.6559%1.31$938.65
$860.00$890.00Oct 23$18.90$11.10$18.9073%0.59$878.90
$1050.00$1085.00Oct 23$9.60$25.40$9.6038%2.65$1059.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$1010.00$1000.00Oct 2$4.20$5.80$4.2064%1.38$1005.80
$1005.00$1000.00Sep 25$2.00$3.00$2.0071%1.50$1003.00
$1050.00$1045.00Oct 9$2.00$3.00$2.0069%1.50$1048.00
$950.00$945.00Oct 9$1.05$3.95$1.0546%3.76$948.95
$1040.00$1025.00Oct 9$8.85$6.15$8.8567%0.69$1031.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 345 found (best R:R 0.94, avg 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$965.00$970.00Sep 25$3.90$3.90$1.1053%3.55$968.90
$1115.00$1120.00Oct 2$2.25$2.25$2.7584%0.82$1117.25
$1125.00$1130.00Sep 25$1.75$1.75$3.2593%0.54$1126.75
$955.00$960.00Oct 2$4.05$4.05$0.9547%4.26$959.05
$985.00$990.00Oct 23$3.40$3.40$1.6051%2.13$988.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$850.00$840.00Oct 23$4.85$4.85$5.1574%0.94$845.15
$835.00$830.00Oct 30$3.25$3.25$1.7576%1.86$831.75
$830.00$825.00Oct 2$2.35$2.35$2.6587%0.89$827.65
$910.00$905.00Oct 16$3.55$3.55$1.4564%2.45$906.45
$815.00$810.00Oct 9$2.45$2.45$2.5585%0.96$812.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 45 found (avg debit $17.52, cheapest $16.35)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$965.00Sep 25Oct 2$16.3586.2%74.8%
$985.00Sep 25Oct 2$17.0583.5%75.2%
$980.00Sep 25Oct 2$17.2583.4%75.1%
$995.00Sep 25Oct 2$17.1083.1%75.9%
$1000.00Sep 25Oct 2$16.8581.7%75.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$965.00Sep 25Oct 2$18.1086.2%74.8%
$985.00Sep 25Oct 2$17.4083.5%75.2%
$980.00Sep 25Oct 2$16.2583.4%75.1%
$995.00Sep 25Oct 2$15.4583.1%75.9%
$1000.00Sep 25Oct 2$15.8081.7%75.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 152 found (cheapest 6.59% of stock, avg 12.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$960.00Sep 25$29.25$33.65$62.90$897.10$1022.906.59%
$937.50Sep 25$40.70$22.30$63.00$874.50$1000.506.60%
$940.00Sep 25$39.30$23.70$63.00$877.00$1003.006.60%
$945.00Sep 25$36.70$26.40$63.10$881.90$1008.106.61%
$947.50Sep 25$35.30$27.80$63.10$884.40$1010.606.61%
$942.50Sep 25$38.00$25.30$63.30$879.20$1005.806.63%
$950.00Sep 25$34.45$29.15$63.60$886.40$1013.606.66%
$955.00Sep 25$31.50$32.05$63.55$891.45$1018.556.66%
$952.50Sep 25$32.95$30.80$63.75$888.75$1016.256.68%
$935.00Sep 25$42.20$22.30$64.50$870.50$999.506.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 5.07% of stock, avg 12.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$980.00$945.00Sep 25$21.95$26.40$48.35$896.65$1028.35
$975.00$945.00Sep 25$23.05$26.40$49.45$895.55$1024.45
$970.00$945.00Sep 25$25.10$26.40$51.50$893.50$1021.50
$980.00$947.50Sep 25$21.95$27.80$49.75$897.75$1029.75
$975.00$947.50Sep 25$23.05$27.80$50.85$896.65$1025.85
$970.00$947.50Sep 25$25.10$27.80$52.90$894.60$1022.90
$980.00$950.00Sep 25$21.95$29.15$51.10$898.90$1031.10
$975.00$950.00Sep 25$23.05$29.15$52.20$897.80$1027.20
$970.00$950.00Sep 25$25.10$29.15$54.25$895.75$1024.25
$965.00$945.00Sep 25$29.00$26.40$55.40$889.60$1020.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 1.27, avg credit $1.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
795/800995/998Sep 25$2.80$2.2062%1.27$797.20$997.80
795/800998/1000Sep 25$2.60$2.4064%1.08$797.40$1000.10
815/820995/998Sep 25$2.63$2.3761%1.11$817.37$997.63
815/820998/1000Sep 25$2.43$2.5762%0.95$817.57$999.93
795/800992/995Sep 25$2.35$2.6561%0.89$797.65$994.85
815/820992/995Sep 25$2.18$2.8260%0.77$817.82$994.68
770/775995/998Sep 25$1.60$3.4065%0.47$773.40$996.60
770/775998/1000Sep 25$1.40$3.6067%0.39$773.60$998.90
850/855995/998Sep 25$1.80$3.2058%0.56$853.20$996.80
780/785995/998Sep 25$1.37$3.6365%0.38$783.63$996.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 234 found (best R:R 74.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$890.00$905.00$920.00Oct 30$0.20$14.805%74.00
$850.00$870.00$890.00Oct 9$0.75$19.259%25.67
$980.00$985.00$990.00Oct 2$0.05$4.953%99.00
$1000.00$1005.00$1010.00Oct 2$0.05$4.953%99.00
$965.00$970.00$975.00Oct 16$0.05$4.952%99.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$910.00$920.00$930.00Oct 23$0.15$9.854%65.67
$915.00$920.00$925.00Oct 9$0.05$4.953%99.00
$965.00$970.00$975.00Oct 9$0.05$4.952%99.00
$1080.00$1100.00$1120.00Oct 16$0.55$19.455%35.36
$920.00$930.00$940.00Oct 23$0.20$9.804%49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-0.43, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$1115.00$1120.001:2Sep 25-$0.43$4.57
$1135.00$1140.001:2Sep 25-$0.50$4.50
$1140.00$1145.001:2Sep 25-$1.01$3.99
$1110.00$1115.001:2Sep 25-$1.63$3.37
$1105.00$1110.001:2Sep 25-$1.66$3.34
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$815.00$810.001:2Sep 25-$0.64$4.36
$790.00$785.001:2Sep 25-$0.67$4.33
$795.00$790.001:2Sep 25-$0.66$4.34
$780.00$775.001:2Sep 25-$1.18$3.82
$810.00$805.001:2Sep 25-$1.34$3.66

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 170 found (best yield 6.37%, avg 3.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$1025.00Oct 30$60.800.447.4%6.37%13.76%14
$1055.00Oct 30$52.000.3910.5%5.45%15.98%--10
$1000.00Oct 30$69.300.484.8%7.26%12.03%1829
$1005.00Oct 30$67.300.475.3%7.05%12.34%10--
$1035.00Oct 30$57.300.428.4%6.00%14.44%4--
$1010.00Oct 30$65.400.465.8%6.85%12.67%41
$1020.00Oct 30$61.900.446.9%6.49%13.35%314
$995.00Oct 30$71.100.484.2%7.45%11.69%151
$985.00Oct 30$75.000.503.2%7.86%11.05%1--
$1050.00Oct 30$51.900.4010.0%5.44%15.44%612

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 17,984
Total Puts 19,200
Put/Call Ratio 1.07
Net Difference -1,216

Prior's Put/Call Breakdown

Total Calls 40,125
Total Puts 20,470
Put/Call Ratio 0.51
Net Difference 19,655

Prior 7-Day Put/Call Summary

Total Calls 154,861
Total Puts 116,726
Average Put/Call Ratio 0.80
Ratio Trend Rising

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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