Tour v527
M
MACYS INC
$22.58 +2.26%
$22.60 (+0.09%)🌙
as of 09/14 06:49 PM
9/14 18:49

Option Volume

Detail
Current (09/14) 82,721
Calls: 76,125 (92%)
Puts: 6,596 (8%)
Prior (09/11) 21,528
Calls: 14,302 (66%)
Puts: 7,226 (34%)
Current vs Prior +284.25%
Calls: +432.27% (Calls)
Puts: -8.72% (Puts)
Prior 7-Day Total 152,690
Calls: 85,936 (56%)
Puts: 66,754 (44%)
Prior 7-Day Average 21,812
Calls: 12,276 (56%)
Puts: 9,536 (44%)
Current vs Prior 7-Day Avg +279.23%
Calls: +520.08%
Puts: -30.83%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/14) $28.66M
Calls: $27.97M (98%)
Puts: $684.1K (2%)
Prior (09/11) $1.71M
Calls: $1.44M (84%)
Puts: $275.9K (16%)
Current vs Prior +1572.39%
Calls: +1845.81%
Puts: +147.92%
Prior 7-Day Total $12.59M
Calls: $7.35M (58%)
Puts: $5.24M (42%)
Prior 7-Day Average $1.80M
Calls: $1.05M (58%)
Puts: $748.6K (42%)
Current vs Prior 7-Day Avg +1492.92%
Calls: +2562.91%
Puts: -8.61%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/14) 0.09
Prior (09/11) 0.51
Current vs Prior -82.85%
Prior 7-Day Average 0.99
Current vs Prior 7-Day Avg -91.24%
Sentiment BULLISH

Open Interest

Detail
Current (09/14) 112,943
Calls: 72,404 (64%)
Puts: 40,539 (36%)
Prior (09/11) 110,387
Calls: 60,923 (55%)
Puts: 49,464 (45%)
Current vs Prior +2.32%
Prior 7-Day Total 783,052
Calls: 380,820 (49%)
Puts: 402,232 (51%)
Prior 7-Day Average 111,864
Calls: 54,402 (49%)
Puts: 57,461 (51%)
Current vs Prior 7-Day Avg +0.96%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 5.36% | 6.29%5.36% | 11.43%
Prior 5.89% | 8.47%5.89% | 14.09%
Current vs Prior -8.98% | -25.75%-8.98% | -18.88%
Prior 7-Day Avg 6.63% | 9.35%9.37% | 13.95%
Current vs 7-Day Avg -19.13% | -32.77%-42.83% | -18.12%
Prior 7-Day Eod 5.89% | 8.47%5.89% | 14.09%
Current vs 7-Day Eod -8.98% | -25.75%-8.98% | -18.88%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 31.25% | 21.34%
Calls: 36.17% | 19.05%
Puts: 26.32% | 23.64%
Prior 31.25% | 21.34%
Calls: 36.17% | 19.05%
Puts: 26.32% | 23.64%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 24.56% | 28.05%
Calls: 27.21% | 35.20%
Puts: 21.90% | 20.91%
Current vs 7-Day Avg +27.25% | -23.93%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 98% of dollar volume in calls ($27.97M) vs puts ($684.1K). Massive premium surge with dollar volume up 1572% vs prior. Dollar volume significantly above 7-day average (1493% higher). Unusually high activity with volume up 284% vs prior - elevated interest.

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 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 1 of results (avg 8.7%, best 8.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.00Sep 180.220.24$0.238.7%2.2K0.331.2K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.34, cheapest $0.23)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.00Sep 180.220.24$0.238.7%2.2K0.331.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Oct 160.400.47$0.4415.9%970.25447

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 46 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$18.50Sep 183.854.65$4.2518.8%61.00--
$19.00Sep 183.504.25$3.8819.3%101.00--
$19.50Sep 182.583.85$3.2239.4%41.002
$19.00Sep 253.554.25$3.9017.9%5901.00247
$20.00Sep 251.843.10$2.4751.0%461.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.00Sep 183.954.80$4.3819.4%310.96222
$26.00Sep 182.903.70$3.3024.2%30.96--
$27.00Oct 164.055.75$4.9034.7%30.931
$24.00Sep 181.081.78$1.4349.0%10.88900
$24.50Sep 251.802.25$2.0322.2%130.86--

Most actively traded options today. High liquidity = easy entry/exit. 121 active (total vol 49.5K, top 17.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Sep 182.473.00$2.7419.3%17.5K0.961.7K
$22.00Sep 180.560.95$0.7651.3%5.8K0.701.2K
$20.50Sep 181.962.86$2.4137.3%4.4K0.97--
$21.00Sep 181.471.68$1.5813.3%3.5K0.97946
$23.00Sep 180.220.24$0.238.7%2.2K0.331.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Sep 180.020.08$0.05120.0%1.3K0.092.0K
$21.50Sep 180.060.20$0.13107.7%8260.19625
$22.00Sep 180.140.32$0.2378.3%3130.3212.2K
$23.00Sep 180.660.89$0.7829.5%1930.674.6K
$20.00Sep 180.010.12$0.07157.1%1710.071.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 21.2%, max 40.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$23.50Sep 18Oct 2353.9%38.3%40.8%468400
$21.50Sep 18Oct 2351.0%39.4%29.5%1.1K475
$22.00Sep 18Oct 2346.4%38.6%20.1%5.8K1.2K
$23.00Sep 18Oct 2347.1%40.0%17.7%2.2K1.2K
$22.50Sep 18Oct 947.1%40.7%15.8%1.0K1.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$21.50Sep 18Oct 951.0%39.7%28.6%836625
$23.00Sep 18Oct 2347.1%40.0%17.7%1954.6K
$22.50Sep 18Sep 2547.1%40.8%15.6%182528
$22.00Sep 18Oct 1646.4%40.6%14.3%39312.3K
$23.50Sep 18Sep 2553.9%48.0%12.4%1727

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 44 found (best R:R 2.85, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$20.00$20.50Sep 18$0.33$0.17$0.3396%0.52$20.33
$24.00$25.00Oct 16$0.13$0.87$0.1330%6.69$24.13
$22.00$23.00Oct 16$0.46$0.54$0.4661%1.17$22.46
$23.00$23.50Oct 2$0.12$0.38$0.1243%3.17$23.12
$21.50$22.00Oct 23$0.26$0.24$0.2667%0.92$21.76
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$23.50$23.00Sep 18$0.13$0.37$0.1378%2.85$23.37
$23.00$22.50Sep 25$0.15$0.35$0.1565%2.33$22.85
$24.00$23.50Sep 25$0.27$0.23$0.2783%0.85$23.73
$23.00$22.00Oct 2$0.40$0.60$0.4057%1.50$22.60
$23.00$22.00Oct 16$0.43$0.57$0.4354%1.33$22.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 0.25, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$24.50$26.00Oct 9$0.30$0.30$1.2073%0.25$24.80
$23.50$24.00Oct 2$0.22$0.22$0.2865%0.79$23.72
$23.00$24.00Oct 16$0.44$0.44$0.5654%0.79$23.44
$23.50$24.00Sep 25$0.17$0.17$0.3372%0.52$23.67
$24.00$25.00Oct 23$0.32$0.32$0.6865%0.47$24.32
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$21.00$20.50Oct 2$0.17$0.17$0.3378%0.52$20.83
$20.50$20.00Oct 9$0.14$0.14$0.3681%0.39$20.36
$20.00$19.00Oct 16$0.14$0.14$0.8686%0.16$19.86
$22.00$21.00Oct 16$0.37$0.37$0.6361%0.59$21.63
$21.00$20.00Oct 16$0.23$0.23$0.7775%0.30$20.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.14, cheapest $0.08)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$22.50Sep 18Sep 25$0.1247.1%40.8%
$23.00Sep 18Sep 25$0.1347.1%40.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$22.00Sep 18Sep 25$0.0846.4%29.3%
$22.50Sep 18Sep 25$0.2747.1%40.8%
$23.00Sep 18Sep 25$0.0947.1%40.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 3.90% of stock, avg 7.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$22.50Sep 18$0.43$0.45$0.88$21.62$23.383.90%
$22.00Sep 18$0.76$0.23$0.99$21.01$22.994.38%
$23.00Sep 18$0.23$0.78$1.01$21.99$24.014.47%
$23.50Sep 18$0.16$0.91$1.07$22.43$24.574.74%
$22.00Sep 25$0.90$0.31$1.21$20.79$23.215.36%
$23.00Sep 25$0.36$0.87$1.23$21.77$24.235.45%
$22.50Sep 25$0.55$0.72$1.27$21.23$23.775.62%
$21.50Sep 18$1.15$0.13$1.28$20.22$22.785.67%
$24.00Sep 18$0.07$1.43$1.50$22.50$25.506.64%
$21.50Sep 25$1.26$0.26$1.52$19.98$23.026.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.40% of stock, avg 2.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$25.00$21.00Sep 18$0.04$0.05$0.09$20.91$25.09
$24.50$21.00Sep 18$0.05$0.05$0.10$20.90$24.60
$25.00$20.50Sep 18$0.04$0.06$0.10$20.40$25.10
$24.50$20.50Sep 18$0.05$0.06$0.11$20.39$24.61
$24.00$21.00Sep 18$0.07$0.05$0.12$20.88$24.12
$24.00$20.50Sep 18$0.07$0.06$0.13$20.37$24.13
$27.00$19.00Oct 16$0.08$0.07$0.15$18.85$27.15
$25.50$20.00Oct 2$0.10$0.08$0.18$19.82$25.68
$25.00$21.50Sep 18$0.04$0.13$0.17$21.33$25.17
$25.00$20.00Oct 2$0.11$0.08$0.19$19.81$25.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 3.55, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
20/2124/24Oct 2$0.39$0.1143%3.55$20.61$23.89
21/2224/24Sep 25$0.30$0.2044%1.50$21.20$23.80
19/2026/27Oct 16$0.25$0.7572%0.33$19.75$26.25
20/2126/27Oct 16$0.34$0.6661%0.52$20.66$26.34
19/2025/26Oct 16$0.26$0.7464%0.35$19.74$25.26
20/2125/26Oct 16$0.35$0.6553%0.54$20.65$25.35
20/2124/25Oct 2$0.29$0.7155%0.41$20.71$24.29
19/2024/25Oct 16$0.27$0.7356%0.37$19.73$24.27
20/2124/25Oct 16$0.36$0.6444%0.56$20.64$24.36
20/2024/26Oct 9$0.44$1.0654%0.42$20.06$24.94

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$21.50$22.00$22.50Sep 18$0.06$0.4434%7.33
$22.00$22.50$23.00Sep 18$0.13$0.3737%2.85
$21.00$22.00$23.00Oct 16$0.20$0.8029%4.00
$23.50$24.00$24.50Sep 18$0.07$0.4314%6.14
$22.50$23.00$23.50Sep 18$0.13$0.3729%2.85
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$21.00$22.00$23.00Oct 16$0.06$0.9429%15.67
$19.00$20.00$21.00Oct 16$0.09$0.9120%10.11
$20.00$21.00$22.00Oct 16$0.14$0.8625%6.14
$22.00$22.50$23.00Sep 18$0.11$0.3935%3.55
$21.50$22.00$22.50Sep 18$0.12$0.3830%3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-0.73, 50 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$23.00$24.001:2Oct 16$0.00$1.00
$21.00$22.001:2Oct 2-$0.41$0.59
$22.00$23.001:2Oct 23-$0.32$0.68
$22.00$22.501:2Sep 18-$0.10$0.40
$22.00$23.001:2Oct 16-$0.42$0.58
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$26.00$24.501:2Sep 25-$0.73$0.77
$23.00$22.001:2Oct 2-$0.15$0.85
$23.00$22.001:2Oct 9-$0.20$0.80
$22.00$21.001:2Oct 16-$0.07$0.93
$23.00$22.501:2Sep 18-$0.12$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 2.39%, avg 1.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$24.00Oct 23$0.540.356.3%2.39%8.68%404
$23.00Oct 23$0.800.471.9%3.54%5.40%339
$23.00Oct 16$0.780.461.9%3.45%5.31%305157
$23.50Oct 23$0.530.394.1%2.35%6.42%18--
$25.00Oct 16$0.240.2110.7%1.06%11.78%26545
$23.00Oct 9$0.530.451.9%2.35%4.21%932
$23.50Oct 9$0.380.374.1%1.68%5.76%3434
$24.00Oct 16$0.280.306.3%1.24%7.53%90868
$25.00Oct 23$0.170.2210.7%0.75%11.47%3--
$26.50Oct 23$0.130.1417.4%0.58%17.94%110

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 76,125
Total Puts 6,596
Put/Call Ratio 0.09
Net Difference 69,529

Prior's Put/Call Breakdown

Total Calls 14,302
Total Puts 7,226
Put/Call Ratio 0.51
Net Difference 7,076

Prior 7-Day Put/Call Summary

Total Calls 85,936
Total Puts 66,754
Average Put/Call Ratio 0.99
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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