Tour v394
MCHP
MICROCHIP TECHNOLOGY
$81.35 -4.32%
$81.78 (+0.53%)🌙
as of 07/23 06:49 PM
7/23 18:49

Option Volume

Detail
Current (07/23) 24,433
Calls: 9,625 (39%)
Puts: 14,808 (61%)
Prior (07/22) 25,253
Calls: 14,021 (56%)
Puts: 11,232 (44%)
Current vs Prior -3.25%
Calls: -31.35% (Calls)
Puts: +31.84% (Puts)
Prior 7-Day Total 114,073
Calls: 59,865 (52%)
Puts: 54,208 (48%)
Prior 7-Day Average 16,296
Calls: 8,552 (52%)
Puts: 7,744 (48%)
Current vs Prior 7-Day Avg +49.93%
Calls: +12.54%
Puts: +91.22%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/23) $5.21M
Calls: $1.41M (27%)
Puts: $3.80M (73%)
Prior (07/22) $14.72M
Calls: $6.68M (45%)
Puts: $8.04M (55%)
Current vs Prior -64.64%
Calls: -78.94%
Puts: -52.76%
Prior 7-Day Total $60.94M
Calls: $27.50M (45%)
Puts: $33.44M (55%)
Prior 7-Day Average $8.71M
Calls: $3.93M (45%)
Puts: $4.78M (55%)
Current vs Prior 7-Day Avg -40.19%
Calls: -64.19%
Puts: -20.46%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/23) 1.54
Prior (07/22) 0.80
Current vs Prior +92.05%
Prior 7-Day Average 1.30
Current vs Prior 7-Day Avg +18.20%
Sentiment BEARISH

Open Interest

Detail
Current (07/23) 259,103
Calls: 203,706 (79%)
Puts: 55,397 (21%)
Prior (07/22) 249,031
Calls: 188,455 (76%)
Puts: 60,576 (24%)
Current vs Prior +4.04%
Prior 7-Day Total 1,228,094
Calls: 859,884 (70%)
Puts: 368,210 (30%)
Prior 7-Day Average 175,442
Calls: 122,840 (70%)
Puts: 52,601 (30%)
Current vs Prior 7-Day Avg +47.69%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 4.12% | 8.97%17.52% | 22.68%
Prior 8.00% | 10.94%18.29% | 23.76%
Current vs Prior -48.51% | -17.96%-4.23% | -4.54%
Prior 7-Day Avg 6.97% | 11.01%10.62% | 21.82%
Current vs 7-Day Avg -40.91% | -18.50%+64.94% | +3.95%
Prior 7-Day Eod 8.00% | 10.94%18.29% | 23.76%
Current vs 7-Day Eod -48.51% | -17.96%-4.23% | -4.54%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 19.02% | 18.19%
Calls: 12.50% | 17.14%
Puts: 25.53% | 19.23%
Prior 19.02% | 18.19%
Calls: 12.50% | 17.14%
Puts: 25.53% | 19.23%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 19.02% | 18.19%
Calls: 12.50% | 17.14%
Puts: 25.53% | 19.23%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 73% put dollar volume ($3.80M). Light premium activity with dollar volume down 65% vs prior. Extreme bearish P/C ratio of 1.54 - heavy put buying. P/C ratio rising 92% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 25 of results (avg 7.6%, best 4.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Aug 2113.3014.20$13.756.5%30.78--
$77.00Aug 218.809.40$9.106.6%20.63--
$84.00Aug 215.405.80$5.607.1%40.47--
$73.00Jul 318.809.50$9.157.7%90.84--
$85.00Aug 215.005.40$5.207.7%290.45745
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 2413.5014.10$13.804.3%1500.98--
$97.50Aug 2117.8018.70$18.254.9%30.79--
$92.00Jul 3110.8011.50$11.156.3%10.88--
$90.00Aug 2112.0012.80$12.406.5%10.65--
$92.00Jul 2410.4011.10$10.756.5%470.97--

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. 35 found (avg delta 0.68, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$77.00Jul 244.204.90$4.5515.4%10.88--
$73.00Jul 318.809.50$9.157.7%90.84--
$78.00Jul 243.303.90$3.6016.7%20.82--
$70.00Aug 2113.3014.20$13.756.5%30.78--
$79.00Jul 242.603.10$2.8517.5%10.74--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 2413.5014.10$13.804.3%1500.98--
$92.00Jul 2410.4011.10$10.756.5%470.97--
$86.00Jul 244.505.20$4.8514.4%10.9040
$92.00Jul 3110.8011.50$11.156.3%10.88--
$97.50Aug 2117.8018.70$18.254.9%30.79--

Most actively traded options today. High liquidity = easy entry/exit. 138 active (total vol 15.9K, top 3.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.00Jul 240.050.20$0.13115.4%3.7K0.073.7K
$85.00Jul 311.802.00$1.9010.5%2.5K0.3536
$84.00Jul 240.350.55$0.4544.4%3140.233.6K
$86.00Jul 240.100.25$0.1883.3%1020.101.9K
$80.00Jul 241.902.40$2.1523.3%860.6589
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Jul 240.000.15$0.08187.5%3.7K0.043.7K
$73.00Jul 310.650.95$0.8037.5%2.5K0.1615
$81.00Jul 313.103.50$3.3012.1%5260.47567
$83.00Jul 242.152.70$2.4222.7%4320.69259
$80.00Jul 240.801.05$0.9326.9%4050.36179

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 35 strikes (avg 41.2%, max 109.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 24Aug 21151.9%73.3%107.4%23712
$94.00Jul 24Jul 31143.3%69.2%107.0%469
$92.00Jul 24Aug 28125.6%71.9%74.6%949
$91.00Jul 24Aug 28124.6%72.7%71.4%1159
$93.00Jul 24Aug 7134.5%79.4%69.4%28257
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 24Aug 21160.2%76.6%109.0%61.2K
$71.00Jul 24Aug 21147.3%76.7%92.2%556
$92.00Jul 24Jul 31125.6%69.6%80.5%48--
$72.00Jul 24Aug 21134.5%76.4%76.1%542
$73.00Jul 24Aug 28121.7%75.8%60.7%24--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 7.70, avg 2.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$93.00$95.00Aug 7$0.23$1.77$0.237.70$93.23
$92.00$93.00Jul 31$0.13$0.87$0.136.69$92.13
$89.00$90.00Jul 31$0.15$0.85$0.155.67$89.15
$90.00$91.00Jul 31$0.16$0.84$0.165.25$90.16
$87.00$88.00Jul 31$0.17$0.83$0.174.88$87.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$70.00$69.00Jul 31$0.12$0.88$0.127.33$69.88
$78.00$77.00Jul 24$0.15$0.85$0.155.67$77.85
$73.00$71.00Jul 31$0.30$1.70$0.305.67$72.70
$75.00$74.00Jul 31$0.18$0.82$0.184.56$74.82
$74.00$73.00Jul 31$0.20$0.80$0.204.00$73.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 99 found (best R:R 5.67, avg 0.98)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$78.00$79.00Jul 24$0.75$0.75$0.253.00$78.75
$79.00$80.00Jul 24$0.70$0.70$0.302.33$79.70
$73.00$81.00Jul 31$5.60$5.60$2.402.33$78.60
$70.00$75.00Aug 21$3.50$3.50$1.502.33$73.50
$75.00$77.00Aug 21$1.15$1.15$0.851.35$76.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$92.00$88.00Jul 31$3.40$3.40$0.605.67$88.60
$86.00$84.00Jul 24$1.67$1.67$0.335.06$84.33
$97.50$90.00Aug 21$5.85$5.85$1.653.55$91.65
$84.00$83.00Jul 24$0.76$0.76$0.243.17$83.24
$88.00$87.00Jul 31$0.75$0.75$0.253.00$87.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 37 found (avg debit $1.92, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$95.00Jul 24Jul 31$0.20151.9%70.0%
$94.00Jul 24Jul 31$0.25143.3%69.2%
$93.00Jul 24Jul 31$0.30134.5%68.0%
$92.00Jul 24Jul 31$0.43125.6%69.6%
$91.00Jul 24Jul 31$0.49124.6%69.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$70.00Jul 24Jul 31$0.37160.2%80.4%
$92.00Jul 24Jul 31$0.40125.6%69.6%
$71.00Jul 24Jul 31$0.42147.3%77.0%
$73.00Jul 24Jul 31$0.72121.7%76.4%
$74.00Jul 24Jul 31$0.92109.1%76.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 3.50% of stock, avg 12.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$82.00Jul 24$1.05$1.80$2.85$79.15$84.853.50%
$80.00Jul 24$2.15$0.93$3.08$76.92$83.083.79%
$83.00Jul 24$0.68$2.42$3.10$79.90$86.103.81%
$79.00Jul 24$2.85$0.63$3.48$75.52$82.484.28%
$84.00Jul 24$0.45$3.18$3.63$80.37$87.634.46%
$78.00Jul 24$3.60$0.40$4.00$74.00$82.004.92%
$77.00Jul 24$4.55$0.25$4.80$72.20$81.805.90%
$86.00Jul 24$0.18$4.85$5.03$80.97$91.036.18%
$81.00Jul 31$3.55$3.30$6.85$74.15$87.858.42%
$83.00Jul 31$2.65$4.35$7.00$76.00$90.008.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 101 found (cheapest 0.53% of stock, avg 7.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$86.00$77.00Jul 24$0.18$0.25$0.43$76.57$86.43
$85.00$77.00Jul 24$0.25$0.25$0.50$76.50$85.50
$86.00$78.00Jul 24$0.18$0.40$0.58$77.42$86.58
$85.00$78.00Jul 24$0.25$0.40$0.65$77.35$85.65
$84.00$77.00Jul 24$0.45$0.25$0.70$76.30$84.70
$86.00$79.00Jul 24$0.18$0.63$0.81$78.19$86.81
$84.00$78.00Jul 24$0.45$0.40$0.85$77.15$84.85
$85.00$79.00Jul 24$0.25$0.63$0.88$78.12$85.88
$83.00$77.00Jul 24$0.68$0.25$0.93$76.07$83.93
$83.00$78.00Jul 24$0.68$0.40$1.08$76.92$84.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 204 found (best R:R 9.00, avg credit $0.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8186/87Jul 31$0.90$0.109.00$80.10$86.90
77/7879/80Jul 24$0.85$0.155.67$77.15$79.85
75/7685/86Aug 21$0.85$0.155.67$75.15$85.85
76/7784/85Aug 21$0.85$0.155.67$76.15$84.85
82/8384/85Jul 24$0.82$0.184.56$82.18$84.82
72/7377/78Aug 21$0.82$0.184.56$72.18$77.82
72/7384/85Aug 21$0.82$0.184.56$72.18$84.82
70/7185/86Aug 21$0.81$0.194.26$70.19$85.81
71/7285/86Aug 21$0.80$0.204.00$71.20$85.80
73/7485/86Aug 21$0.80$0.204.00$73.20$85.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$88.00$89.00Jul 24$0.05$0.9519.00
$88.00$89.00$90.00Aug 21$0.05$0.9519.00
$88.00$89.00$90.00Jul 31$0.07$0.9313.29
$90.00$91.00$92.00Jul 31$0.07$0.9313.29
$81.00$83.00$85.00Jul 31$0.15$1.8512.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$75.00$76.00$77.00Jul 31$0.05$0.9519.00
$74.00$75.00$76.00Jul 24$0.06$0.9415.67
$69.00$70.00$71.00Aug 21$0.06$0.9415.67
$78.00$79.00$80.00Jul 24$0.07$0.9313.29
$74.00$75.00$76.00Jul 31$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 56 found (best net $-0.80, 51 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$95.00$97.501:2Aug 21-$1.15$1.35
$92.00$93.001:2Jul 24-$0.05$0.95
$93.00$94.001:2Jul 24-$0.05$0.95
$94.00$95.001:2Jul 24-$0.05$0.95
$95.00$96.001:2Jul 24-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$74.00$70.001:2Aug 14-$0.80$3.20
$69.00$66.001:2Jul 31-$0.17$2.83
$80.00$76.001:2Aug 7-$1.61$2.39
$73.00$71.001:2Jul 31-$0.20$1.80
$97.50$90.001:2Aug 21-$6.55$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 6.64%, avg 2.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.00Aug 21$5.400.473.3%6.64%9.90%4--
$85.00Aug 21$5.000.454.5%6.15%10.63%29745
$86.00Aug 21$4.300.425.7%5.29%11.00%521
$87.00Aug 21$4.100.417.0%5.04%11.99%3--
$87.50Aug 21$4.100.407.6%5.04%12.60%1--
$88.00Aug 21$3.900.398.2%4.79%12.97%1--
$85.00Aug 7$3.700.434.5%4.55%9.04%5--
$89.00Aug 21$3.500.369.4%4.30%13.71%2--
$90.00Aug 28$3.500.3610.6%4.30%14.94%26
$90.00Aug 21$3.200.3410.6%3.93%14.57%2--

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 9,625
Total Puts 14,808
Put/Call Ratio 1.54
Net Difference -5,183

Prior's Put/Call Breakdown

Total Calls 14,021
Total Puts 11,232
Put/Call Ratio 0.80
Net Difference 2,789

Prior 7-Day Put/Call Summary

Total Calls 59,865
Total Puts 54,208
Average Put/Call Ratio 1.30
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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