Tour v381
M
MACYS INC
$23.80 +2.10%
$23.71 (-0.38%)🌙
as of 07/21 06:46 PM
7/21 18:46

Option Volume

Detail
Current (07/21) 3,769
Calls: 2,430 (64%)
Puts: 1,339 (36%)
Prior (07/20) 5,174
Calls: 3,142 (61%)
Puts: 2,032 (39%)
Current vs Prior -27.16%
Calls: -22.66% (Calls)
Puts: -34.10% (Puts)
Prior 7-Day Total 44,751
Calls: 31,051 (69%)
Puts: 13,700 (31%)
Prior 7-Day Average 6,393
Calls: 4,435 (69%)
Puts: 1,957 (31%)
Current vs Prior 7-Day Avg -41.04%
Calls: -45.22%
Puts: -31.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $473.1K
Calls: $320.1K (68%)
Puts: $152.9K (32%)
Prior (07/20) $597.7K
Calls: $385.7K (65%)
Puts: $212.0K (35%)
Current vs Prior -20.85%
Calls: -16.99%
Puts: -27.88%
Prior 7-Day Total $4.82M
Calls: $3.82M (79%)
Puts: $999.5K (21%)
Prior 7-Day Average $688.7K
Calls: $545.9K (79%)
Puts: $142.8K (21%)
Current vs Prior 7-Day Avg -31.31%
Calls: -41.36%
Puts: +7.10%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/21) 0.55
Prior (07/20) 0.65
Current vs Prior -14.80%
Prior 7-Day Average 0.47
Current vs Prior 7-Day Avg +18.22%
Sentiment BULLISH

Open Interest

Detail
Current (07/21) 36,788
Calls: 21,575 (59%)
Puts: 15,213 (41%)
Prior (07/20) 53,915
Calls: 20,713 (38%)
Puts: 33,202 (62%)
Current vs Prior -31.77%
Prior 7-Day Total 411,171
Calls: 216,728 (53%)
Puts: 194,443 (47%)
Prior 7-Day Average 58,738
Calls: 30,961 (53%)
Puts: 27,777 (47%)
Current vs Prior 7-Day Avg -37.37%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 4.58% | 7.06%11.55% | 18.11%
Prior 5.49% | 7.38%12.44% | 19.13%
Current vs Prior -16.60% | -4.34%-7.12% | -5.35%
Prior 7-Day Avg 5.39% | 7.09%5.84% | 15.05%
Current vs 7-Day Avg -15.06% | -0.38%+97.79% | +20.32%
Prior 7-Day Eod 5.49% | 7.38%12.44% | 19.13%
Current vs 7-Day Eod -16.60% | -4.34%-7.12% | -5.35%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 41.16% | 16.77%
Calls: 59.52% | 21.21%
Puts: 22.81% | 12.33%
Prior 41.16% | 16.77%
Calls: 59.52% | 21.21%
Puts: 22.81% | 12.33%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 41.16% | 16.77%
Calls: 59.52% | 21.21%
Puts: 22.81% | 12.33%
Current vs 7-Day Avg -0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($320.1K). Bullish P/C ratio of 0.55. Declining open interest (down 32%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 11 of results (avg 7.8%, best 4.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Jul 311.521.59$1.564.5%20.77--
$20.00Jul 243.603.85$3.736.7%51.0027
$23.00Aug 71.301.41$1.368.1%110.66--
$23.00Aug 211.651.79$1.728.1%520.621.4K
$23.00Jul 240.910.99$0.958.4%540.77252
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.50Aug 70.720.76$0.745.4%200.4319
$22.00Aug 210.540.58$0.567.1%570.27829
$24.50Jul 240.830.91$0.879.2%400.7427
$28.50Aug 144.655.10$4.889.2%20.80--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.58, cheapest $0.19)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$24.00Jul 240.290.34$0.3215.6%2020.43369
$25.00Aug 70.420.46$0.449.1%120.3150
$23.50Jul 240.540.60$0.5710.5%1520.62153
$24.50Aug 70.520.63$0.5719.3%220.3935
$24.00Aug 70.730.83$0.7812.8%320.4884
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Aug 210.170.20$0.1915.8%100.11508
$22.00Aug 70.250.30$0.2817.9%220.2092
$23.50Jul 240.270.32$0.3016.7%730.38392
$22.50Aug 70.350.41$0.3815.8%100.2714
$24.00Jul 240.480.56$0.5215.4%860.57362

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Jul 243.603.85$3.736.7%51.0027
$20.50Jul 243.053.35$3.209.4%51.0011
$21.00Jul 242.402.90$2.6518.9%51.007
$20.00Jul 312.963.95$3.4628.6%11.00--
$20.00Aug 73.454.05$3.7516.0%20.94--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.00Jul 242.914.05$3.4832.8%50.993
$26.50Jul 242.013.90$2.9663.9%20.99--
$28.00Jul 244.005.20$4.6026.1%20.98--
$28.00Aug 144.054.70$4.3814.8%120.92--
$25.00Jul 241.201.76$1.4837.8%10.88--

Most actively traded options today. High liquidity = easy entry/exit. 100 active (total vol 3.0K, top 207)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 240.040.07$0.0650.0%2070.12306
$24.00Jul 240.290.34$0.3215.6%2020.43369
$24.00Aug 211.011.25$1.1321.2%1840.491.9K
$23.50Jul 310.790.92$0.8615.1%1780.5767
$23.50Jul 240.540.60$0.5710.5%1520.62153
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.50Aug 140.821.01$0.9220.7%1360.447
$23.00Aug 140.620.80$0.7125.4%980.375
$24.00Jul 240.480.56$0.5215.4%860.57362
$23.50Jul 240.270.32$0.3016.7%730.38392
$23.00Aug 210.800.99$0.9021.1%610.38924

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 46.3%, max 244.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$19.50Jul 24Aug 14171.1%82.9%106.5%63
$20.00Jul 24Aug 7100.6%52.8%90.4%727
$20.50Jul 24Aug 1479.1%57.0%38.9%711
$27.00Jul 24Aug 2161.4%46.0%33.5%20673
$21.00Jul 24Aug 2161.6%46.4%32.7%6783
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$27.50Jul 24Aug 14162.5%47.1%244.8%81
$28.00Jul 24Aug 1483.7%43.3%93.3%14--
$20.50Jul 24Aug 2179.1%50.4%56.9%2561
$21.50Jul 31Aug 2171.7%47.4%51.3%5873
$21.00Jul 24Aug 2161.6%46.4%32.7%71.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 47 found (best R:R 8.09, avg 2.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.00$28.00Aug 21$0.11$0.89$0.118.09$27.11
$25.00$26.00Jul 31$0.14$0.86$0.146.14$25.14
$25.50$27.50Aug 28$0.34$1.66$0.344.88$25.84
$24.50$25.00Jul 24$0.10$0.40$0.104.00$24.60
$26.00$27.00Aug 21$0.20$0.80$0.204.00$26.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$22.00$21.00Aug 14$0.18$0.82$0.184.56$21.82
$22.50$22.00Jul 31$0.10$0.40$0.104.00$22.40
$22.00$21.50Aug 21$0.12$0.38$0.123.17$21.88
$22.50$22.00Aug 21$0.12$0.38$0.123.17$22.38
$23.00$22.50Jul 31$0.13$0.37$0.132.85$22.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 57 found (best R:R 5.45, avg 1.13)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$20.00$22.00Aug 7$1.69$1.69$0.315.45$21.69
$19.50$20.00Jul 24$0.40$0.40$0.104.00$19.90
$23.00$23.50Jul 24$0.38$0.38$0.123.17$23.38
$20.00$22.50Jul 31$1.90$1.90$0.603.17$21.90
$22.50$23.50Jul 31$0.70$0.70$0.302.33$23.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$28.00$23.50Aug 7$3.51$3.51$0.993.55$24.49
$27.50$23.50Aug 14$3.08$3.08$0.923.35$24.42
$28.00$27.50Aug 14$0.38$0.38$0.123.17$27.62
$24.50$24.00Jul 24$0.35$0.35$0.152.33$24.15
$25.00$23.00Aug 21$0.98$0.98$1.020.96$24.02

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $0.23, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$19.50Jul 24Aug 7$0.07171.1%64.7%
$26.00Jul 24Jul 31$0.0953.7%46.2%
$27.00Jul 24Jul 31$0.1061.4%59.2%
$28.00Aug 21Aug 28$0.1247.1%50.1%
$25.00Jul 24Jul 31$0.1946.0%43.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$21.00Jul 24Jul 31$0.0661.6%52.2%
$28.50Aug 7Aug 14$0.1080.5%76.0%
$20.50Jul 24Jul 31$0.1279.1%71.4%
$22.00Jul 24Jul 31$0.1358.4%49.2%
$22.50Jul 24Jul 31$0.1955.4%48.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 20 found (cheapest 3.53% of stock, avg 8.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$24.00Jul 24$0.32$0.52$0.84$23.16$24.843.53%
$23.50Jul 24$0.57$0.30$0.87$22.63$24.373.66%
$24.50Jul 24$0.16$0.87$1.03$23.47$25.534.33%
$23.00Jul 24$0.95$0.15$1.10$21.90$24.104.62%
$22.50Jul 24$1.27$0.08$1.35$21.15$23.855.67%
$23.50Jul 31$0.86$0.56$1.42$22.08$24.925.97%
$25.00Jul 24$0.06$1.48$1.54$23.46$26.546.47%
$23.50Aug 7$1.04$0.74$1.78$21.72$25.287.48%
$22.00Jul 24$1.76$0.04$1.80$20.20$23.807.56%
$22.50Jul 31$1.56$0.27$1.83$20.67$24.337.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 97 found (cheapest 0.42% of stock, avg 3.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$25.00$22.00Jul 24$0.06$0.04$0.10$21.90$25.10
$25.00$22.50Jul 24$0.06$0.08$0.14$22.36$25.14
$24.50$22.00Jul 24$0.16$0.04$0.20$21.80$24.70
$25.00$23.00Jul 24$0.06$0.15$0.21$22.79$25.21
$24.50$22.50Jul 24$0.16$0.08$0.24$22.26$24.74
$26.50$22.00Jul 31$0.10$0.17$0.27$21.73$26.77
$26.00$22.00Jul 31$0.11$0.17$0.28$21.72$26.28
$24.50$23.00Jul 24$0.16$0.15$0.31$22.69$24.81
$24.00$22.00Jul 24$0.32$0.04$0.36$21.64$24.36
$25.00$23.50Jul 24$0.06$0.30$0.36$23.14$25.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 55 found (best R:R 3.55, avg credit $0.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
21/2224/24Aug 21$0.39$0.113.55$21.11$23.89
22/2324/24Jul 31$0.38$0.123.17$22.62$23.88
23/2424/24Jul 31$0.38$0.123.17$23.12$24.38
22/2224/24Aug 21$0.38$0.123.17$21.62$23.88
22/2224/24Aug 21$0.38$0.123.17$22.12$23.88
22/2325/26Aug 21$0.38$0.123.17$22.62$25.38
21/2224/25Jul 31$0.37$0.132.85$21.13$24.87
22/2324/24Aug 14$0.37$0.132.85$22.63$24.37
22/2324/25Aug 21$0.37$0.132.85$22.63$24.87
22/2324/24Aug 7$0.36$0.142.57$22.64$24.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$26.00$27.00$28.00Aug 21$0.09$0.9110.11
$24.00$24.50$25.00Jul 24$0.06$0.447.33
$24.50$25.00$25.50Jul 24$0.06$0.447.33
$23.00$23.50$24.00Aug 7$0.06$0.447.33
$23.50$24.00$24.50Aug 21$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$22.00$22.50$23.00Aug 7$0.05$0.459.00
$22.50$23.00$23.50Aug 14$0.05$0.459.00
$22.50$23.00$23.50Aug 7$0.06$0.447.33
$23.00$23.50$24.00Jul 24$0.07$0.436.14
$22.50$23.00$23.50Jul 24$0.08$0.425.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-0.12, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$25.50$27.501:2Aug 28-$0.12$1.88
$20.00$22.001:2Aug 7-$0.37$1.63
$26.00$27.001:2Jul 24$0.00$1.00
$25.00$26.001:2Aug 7$0.00$1.00
$27.00$28.001:2Aug 21-$0.08$0.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$26.50$25.001:2Jul 24$0.00$1.50
$22.00$21.001:2Aug 14-$0.05$0.95
$22.50$22.001:2Jul 31-$0.07$0.43
$24.00$23.501:2Jul 24-$0.08$0.42
$20.50$20.001:2Aug 21-$0.10$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 4.24%, avg 1.92%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$24.00Aug 21$1.010.490.8%4.24%5.08%1841.9K
$24.50Aug 28$0.920.442.9%3.87%6.81%5--
$24.00Aug 14$0.870.480.8%3.66%4.50%6282
$24.50Aug 21$0.800.432.9%3.36%6.30%108108
$24.00Aug 7$0.730.480.8%3.07%3.91%3284
$25.00Aug 21$0.690.375.0%2.90%7.94%711.5K
$24.50Aug 14$0.660.412.9%2.77%5.71%5439
$25.50Aug 28$0.590.347.1%2.48%9.62%5--
$24.00Jul 31$0.530.460.8%2.23%3.07%1497
$25.50Aug 21$0.530.327.1%2.23%9.37%114

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 2,430
Total Puts 1,339
Put/Call Ratio 0.55
Net Difference 1,091

Prior's Put/Call Breakdown

Total Calls 3,142
Total Puts 2,032
Put/Call Ratio 0.65
Net Difference 1,110

Prior 7-Day Put/Call Summary

Total Calls 31,051
Total Puts 13,700
Average Put/Call Ratio 0.47
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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