Tour v487
LNC
LINCOLN NATL CORP IN
$46.09 +1.05%
$46.00 (-0.20%)🌙
as of 08/03 06:39 PM
8/3 18:39

Option Volume

Detail
Current (08/03) 834
Calls: 613 (74%)
Puts: 221 (26%)
Prior (07/31) 1,473
Calls: 379 (26%)
Puts: 1,094 (74%)
Current vs Prior -43.38%
Calls: +61.74% (Calls)
Puts: -79.80% (Puts)
Prior 7-Day Total 18,827
Calls: 9,694 (51%)
Puts: 9,133 (49%)
Prior 7-Day Average 2,689
Calls: 1,384 (51%)
Puts: 1,304 (49%)
Current vs Prior 7-Day Avg -68.99%
Calls: -55.74%
Puts: -83.06%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $246.3K
Calls: $207.7K (84%)
Puts: $38.6K (16%)
Prior (07/31) $280.1K
Calls: $110.3K (39%)
Puts: $169.9K (61%)
Current vs Prior -12.07%
Calls: +88.37%
Puts: -77.27%
Prior 7-Day Total $3.30M
Calls: $2.28M (69%)
Puts: $1.02M (31%)
Prior 7-Day Average $471.3K
Calls: $326.3K (69%)
Puts: $145.0K (31%)
Current vs Prior 7-Day Avg -47.74%
Calls: -36.35%
Puts: -73.37%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.36
Prior (07/31) 2.89
Current vs Prior -87.51%
Prior 7-Day Average 1.51
Current vs Prior 7-Day Avg -76.13%
Sentiment BULLISH

Open Interest

Detail
Current (08/03) 12,218
Calls: 11,377 (93%)
Puts: 841 (7%)
Prior (07/31) 20,734
Calls: 13,341 (64%)
Puts: 7,393 (36%)
Current vs Prior -41.07%
Prior 7-Day Total 198,734
Calls: 109,076 (55%)
Puts: 89,658 (45%)
Prior 7-Day Average 28,390
Calls: 15,582 (55%)
Puts: 12,808 (45%)
Current vs Prior 7-Day Avg -56.96%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 6.29% | 9.61%
Prior 6.42% | 9.49%
Current vs Prior -2.05% | +1.24%
Prior 7-Day Avg 8.29% | 11.03%
Current vs 7-Day Avg -24.09% | -12.84%
Prior 7-Day Eod 6.42% | 9.49%
Current vs 7-Day Eod -2.05% | +1.24%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 21.85% | 9.69%
Calls: 26.88% | 8.67%
Puts: 16.83% | 10.71%
Prior 21.85% | 9.69%
Calls: 26.88% | 8.67%
Puts: 16.83% | 10.71%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 31.72% | 16.09%
Calls: 40.80% | 18.17%
Puts: 22.65% | 14.01%
Current vs 7-Day Avg -31.12% | -39.77%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($207.7K) vs puts ($38.6K). Below-average activity with volume down 43% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (613 calls vs 221 puts). P/C ratio dropping 88% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 2 of results (avg 9.5%, best 9.2%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 218.309.10$8.709.2%180.97--
$45.00Aug 211.952.15$2.059.8%100.651.0K
PUTS (0)
No puts meet the criteria

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. 4 found (avg delta 0.85, highest 0.97)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 218.309.10$8.709.2%180.97--
$40.00Aug 215.906.70$6.3012.7%520.93830
$42.50Aug 213.604.40$4.0020.0%20.841.0K
$45.00Aug 211.952.15$2.059.8%100.651.0K
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 247, top 56)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 210.700.90$0.8025.0%560.361.2K
$40.00Aug 215.906.70$6.3012.7%520.93830
$37.50Aug 218.309.10$8.709.2%180.97--
$50.00Aug 210.200.30$0.2540.0%170.151.2K
$45.00Aug 211.952.15$2.059.8%100.651.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 210.701.00$0.8535.3%500.36209
$40.00Aug 210.100.20$0.1566.7%250.07--
$37.50Aug 210.050.10$0.0862.5%140.03--
$35.00Aug 210.000.05$0.03166.7%20.01--
$42.50Aug 210.250.45$0.3557.1%10.16--

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 4 found (best R:R 11.50, avg 5.01)

BULL CALL (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$47.50$50.00Aug 21$0.55$1.95$0.553.55$48.05
$45.00$47.50Aug 21$1.25$1.25$1.251.00$46.25
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.50$40.00Aug 21$0.20$2.30$0.2011.50$42.30
$45.00$42.50Aug 21$0.50$2.00$0.504.00$44.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 7 found (best R:R 24.00, avg 5.81)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Aug 21$2.40$2.40$0.1024.00$39.90
$40.00$42.50Aug 21$2.30$2.30$0.2011.50$42.30
$42.50$45.00Aug 21$1.95$1.95$0.553.55$44.45
$45.00$47.50Aug 21$1.25$1.25$1.251.00$46.25
$47.50$50.00Aug 21$0.55$0.55$1.950.28$48.05
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$45.00$42.50Aug 21$0.50$0.50$2.000.25$44.50
$42.50$40.00Aug 21$0.20$0.20$2.300.09$42.30

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 4 found (cheapest 6.29% of stock, avg 12.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 21$2.05$0.85$2.90$42.10$47.906.29%
$42.50Aug 21$4.00$0.35$4.35$38.15$46.859.44%
$40.00Aug 21$6.30$0.15$6.45$33.55$46.4513.99%
$37.50Aug 21$8.70$0.08$8.78$28.72$46.2819.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 6 found (cheapest 0.87% of stock, avg 2.12%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$50.00$40.00Aug 21$0.25$0.15$0.40$39.60$50.40
$50.00$42.50Aug 21$0.25$0.35$0.60$41.90$50.60
$47.50$40.00Aug 21$0.80$0.15$0.95$39.05$48.45
$50.00$45.00Aug 21$0.25$0.85$1.10$43.90$51.10
$47.50$42.50Aug 21$0.80$0.35$1.15$41.35$48.65
$47.50$45.00Aug 21$0.80$0.85$1.65$43.35$49.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.38, avg credit $1.08)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
40/4245/48Aug 21$1.45$1.051.38$41.05$46.45
42/4548/50Aug 21$1.05$1.450.72$43.95$48.55
40/4248/50Aug 21$0.75$1.750.43$41.75$48.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 24.00, cheapest $0.10)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.10$2.4024.00
$40.00$42.50$45.00Aug 21$0.35$2.156.14
$42.50$45.00$47.50Aug 21$0.70$1.802.57
$45.00$47.50$50.00Aug 21$0.70$1.802.57
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.13$2.3718.23
$40.00$42.50$45.00Aug 21$0.30$2.207.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 8 found (best net $-0.01, 3 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$42.50$45.001:2Aug 21-$0.10$2.40
$40.00$42.501:2Aug 21-$1.70$0.80
$47.50$50.001:2Aug 21$0.30$2.20
$45.00$47.501:2Aug 21$0.45$2.05
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.501:2Aug 21-$0.01$2.49
$37.50$35.001:2Aug 21$0.02$2.48
$42.50$40.001:2Aug 21$0.05$2.45
$45.00$42.501:2Aug 21$0.15$2.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 1.52%, avg 0.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.50Aug 21$0.700.363.1%1.52%4.58%561.2K
$50.00Aug 21$0.200.158.5%0.43%8.92%171.2K

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 613
Total Puts 221
Put/Call Ratio 0.36
Net Difference 392

Prior's Put/Call Breakdown

Total Calls 379
Total Puts 1,094
Put/Call Ratio 2.89
Net Difference -715

Prior 7-Day Put/Call Summary

Total Calls 9,694
Total Puts 9,133
Average Put/Call Ratio 1.51
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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