Tour v528
MCHP
MICROCHIP TECHNOLOGY
$73.27 +3.46%
$72.30 (-1.32%)🌙
as of 09/18 06:44 PM
9/18 18:44

Option Volume

Detail
Current (09/18) 8,203
Calls: 5,868 (72%)
Puts: 2,335 (28%)
Prior (09/15) 8,277
Calls: 5,554 (67%)
Puts: 2,723 (33%)
Current vs Prior -0.89%
Calls: +5.65% (Calls)
Puts: -14.25% (Puts)
Prior 7-Day Total 80,437
Calls: 64,245 (80%)
Puts: 16,192 (20%)
Prior 7-Day Average 11,491
Calls: 9,177 (80%)
Puts: 2,313 (20%)
Current vs Prior 7-Day Avg -28.61%
Calls: -36.06%
Puts: +0.94%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18) $2.17M
Calls: $1.77M (82%)
Puts: $399.7K (18%)
Prior (09/15) $2.81M
Calls: $1.78M (63%)
Puts: $1.03M (37%)
Current vs Prior -22.74%
Calls: -0.39%
Puts: -61.23%
Prior 7-Day Total $24.76M
Calls: $19.22M (78%)
Puts: $5.53M (22%)
Prior 7-Day Average $3.54M
Calls: $2.75M (78%)
Puts: $790.2K (22%)
Current vs Prior 7-Day Avg -38.70%
Calls: -35.62%
Puts: -49.42%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18) 0.40
Prior (09/15) 0.49
Current vs Prior -18.84%
Prior 7-Day Average 0.40
Current vs Prior 7-Day Avg +0.36%
Sentiment BULLISH

Open Interest

Detail
Current (09/18) 399,056
Calls: 349,579 (88%)
Puts: 49,477 (12%)
Prior (09/15) 358,740
Calls: 279,974 (78%)
Puts: 78,766 (22%)
Current vs Prior +11.24%
Prior 7-Day Total 2,661,410
Calls: 2,272,820 (85%)
Puts: 388,590 (15%)
Prior 7-Day Average 380,201
Calls: 324,688 (85%)
Puts: 55,512 (15%)
Current vs Prior 7-Day Avg +4.96%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 1.57% | 5.30%1.57% | 11.40%
Prior 4.63% | 6.99%4.63% | 12.73%
Current vs Prior +14.37% | +9.47%-66.10% | -10.47%
Prior 7-Day Avg 4.73% | 7.11%6.17% | 13.61%
Current vs 7-Day Avg +11.92% | +7.62%-74.57% | -16.27%
Prior 7-Day Eod 4.63% | 6.99%4.63% | 12.73%
Current vs 7-Day Eod +14.37% | +9.47%-66.10% | -10.47%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.79% | 11.92%
Calls: 15.10% | 12.35%
Puts: 14.49% | 11.49%
Prior 14.79% | 11.92%
Calls: 15.10% | 12.35%
Puts: 14.49% | 11.49%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 14.79% | 11.92%
Calls: 15.10% | 12.35%
Puts: 14.49% | 11.49%
Current vs 7-Day Avg -0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($1.77M) vs puts ($399.7K). Extreme bullish P/C ratio of 0.40 - heavy call buying (5,868 calls vs 2,335 puts). Call-heavy open interest (349,579 calls vs 49,477 puts) suggests bullish positioning.

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 6 of results (avg 8.4%, best 7.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$72.50Oct 163.904.20$4.057.4%2900.56160.1K
$77.50Oct 161.902.05$1.987.6%1870.35699
$66.00Sep 257.107.70$7.408.1%30.94--
$66.00Sep 186.907.50$7.208.3%10.81--
$65.00Oct 168.809.70$9.259.7%10.84254
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Oct 164.104.50$4.309.3%30.55524

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. 34 found (avg delta 0.74, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Sep 188.2011.40$9.8032.7%40.981
$70.00Sep 182.953.60$3.2819.8%30.97--
$68.00Sep 184.905.50$5.2011.5%10.96--
$66.00Sep 257.107.70$7.408.1%30.94--
$68.00Sep 255.205.80$5.5010.9%40.904
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Sep 181.452.05$1.7534.3%260.978.1K
$74.00Sep 180.451.05$0.7580.0%30.84--
$74.00Sep 251.852.30$2.0821.6%20.56--
$75.00Oct 164.104.50$4.309.3%30.55524
$75.00Oct 234.705.30$5.0012.0%10.54--

Most actively traded options today. High liquidity = easy entry/exit. 134 active (total vol 5.2K, top 727)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Oct 162.603.00$2.8014.3%6120.454.1K
$72.00Sep 180.951.55$1.2548.0%5910.87626
$74.00Sep 251.151.60$1.3832.6%4340.444.4K
$72.50Oct 163.904.20$4.057.4%2900.56160.1K
$73.00Sep 251.602.00$1.8022.2%2780.53722
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Sep 180.000.05$0.03166.7%7270.031.6K
$67.50Oct 161.051.50$1.2735.4%1510.231.6K
$70.00Sep 250.450.65$0.5536.4%1280.22861
$67.00Sep 250.050.25$0.15133.3%920.07106
$70.00Oct 20.951.30$1.1331.0%580.28778

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 1362.2%, max 3892.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$65.00Sep 18Oct 161876.2%47.0%3892.4%3455
$76.00Sep 18Oct 2959.2%42.9%2137.7%531.3K
$77.50Sep 18Oct 16854.6%44.3%1829.4%197699
$72.50Sep 18Oct 16153.3%42.1%263.9%364161.8K
$74.00Sep 18Oct 9135.9%44.4%206.1%40819
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$67.50Sep 18Oct 161495.7%44.3%3274.9%1525.4K
$72.50Sep 18Oct 16153.3%42.1%263.9%794.0K
$73.00Sep 18Oct 2126.8%42.9%195.4%201.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 2.23, avg 3.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$75.00$80.00Oct 30$1.55$3.45$1.5547%2.23$76.55
$68.00$72.00Oct 23$2.50$1.50$2.5073%0.60$70.50
$65.00$66.00Sep 18$0.65$0.35$0.6582%0.54$65.65
$75.00$77.50Oct 16$0.82$1.68$0.8245%2.05$75.82
$77.00$79.00Oct 9$0.42$1.58$0.4234%3.76$77.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$67.00$66.00Oct 9$0.10$0.90$0.1018%9.00$66.90
$74.00$73.00Sep 18$0.60$0.40$0.6084%0.67$73.40
$71.00$70.00Sep 25$0.20$0.80$0.2028%4.00$70.80
$74.00$73.00Sep 25$0.50$0.50$0.5056%1.00$73.50
$62.50$60.00Oct 16$0.15$2.35$0.1510%15.67$62.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 56 found (best R:R 0.25, avg 0.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$82.50$85.00Sep 18$0.50$0.50$2.0086%0.25$83.00
$75.00$76.00Oct 2$0.43$0.43$0.5759%0.75$75.43
$74.00$75.00Oct 2$0.47$0.47$0.5353%0.89$74.47
$80.00$85.00Oct 2$0.37$0.37$4.6383%0.08$80.37
$79.00$80.00Oct 9$0.25$0.25$0.7574%0.33$79.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$65.00$60.00Oct 23$0.77$0.77$4.2382%0.18$64.23
$71.00$67.00Oct 9$1.25$1.25$2.7564%0.45$69.75
$71.00$66.00Oct 23$1.62$1.62$3.3862%0.48$69.38
$69.00$65.00Oct 30$1.15$1.15$2.8568%0.40$67.85
$62.00$61.00Oct 30$0.28$0.28$0.7285%0.39$61.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.42, cheapest $1.40)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$73.00Sep 18Sep 25$1.40126.8%41.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$73.00Sep 18Sep 25$1.43126.8%41.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 0.75% of stock, avg 6.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$73.00Sep 18$0.40$0.15$0.55$72.45$73.550.75%
$72.50Sep 18$0.73$0.08$0.81$71.69$73.311.11%
$74.00Sep 18$0.08$0.75$0.83$73.17$74.831.13%
$72.00Sep 18$1.25$0.08$1.33$70.67$73.331.82%
$75.00Sep 18$0.03$1.75$1.78$73.22$76.782.43%
$71.00Sep 18$2.23$0.18$2.41$68.59$73.413.29%
$70.00Sep 18$3.28$0.03$3.31$66.69$73.314.52%
$73.00Sep 25$1.80$1.58$3.38$69.62$76.384.61%
$72.00Sep 25$2.35$1.08$3.43$68.57$75.434.68%
$74.00Sep 25$1.38$2.08$3.46$70.54$77.464.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.22% of stock, avg 3.75%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$74.00$72.50Sep 18$0.08$0.08$0.16$72.34$74.16
$74.00$73.00Sep 18$0.08$0.15$0.23$72.77$74.23
$77.50$72.50Sep 18$0.53$0.08$0.61$71.89$78.11
$78.00$69.00Sep 25$0.33$0.35$0.68$68.32$78.68
$77.50$73.00Sep 18$0.53$0.15$0.68$72.32$78.18
$77.00$69.00Sep 25$0.48$0.35$0.83$68.17$77.83
$78.00$70.00Sep 25$0.33$0.55$0.88$69.12$78.88
$77.00$70.00Sep 25$0.48$0.55$1.03$68.97$78.03
$85.00$62.50Oct 16$0.57$0.45$1.02$61.48$86.02
$74.00$66.00Sep 18$0.08$1.08$1.16$64.84$75.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 63 found (best R:R 2.33, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
70/7182/82Sep 18$0.70$0.3064%2.33$70.30$82.70
70/7178/78Sep 18$0.60$0.4065%1.50$70.40$78.10
69/7079/80Oct 2$0.46$0.5451%0.85$69.54$79.46
66/6779/80Oct 2$0.30$0.7065%0.43$66.70$79.30
69/7075/76Sep 25$0.50$0.5044%1.00$69.50$75.50
69/7077/78Oct 2$0.51$0.4942%1.04$69.49$77.51
69/7077/78Sep 25$0.35$0.6558%0.54$69.65$77.35
70/7182/85Sep 18$0.65$1.8571%0.35$70.35$83.15
68/6975/76Sep 25$0.43$0.5750%0.75$68.57$75.43
68/6977/78Sep 25$0.28$0.7265%0.39$68.72$77.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 2.70, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$73.00$74.00$75.00Sep 18$0.27$0.7362%2.70
$65.00$67.50$70.00Oct 16$0.10$2.4016%24.00
$66.00$68.00$70.00Sep 18$0.08$1.9216%24.00
$75.00$77.50$80.00Oct 16$0.19$2.3119%12.16
$70.00$72.50$75.00Oct 16$0.25$2.2523%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$73.00$74.00$75.00Sep 18$0.40$0.6065%1.50
$70.00$72.50$75.00Oct 16$0.26$2.2423%8.62
$65.00$67.50$70.00Oct 16$0.23$2.2716%9.87
$68.00$69.00$70.00Sep 25$0.07$0.9311%13.29
$72.00$72.50$73.00Sep 18$0.07$0.4320%6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 80 found (best net $-0.70, 67 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$68.00$71.001:2Sep 25-$0.70$2.30
$75.00$80.001:2Oct 30-$0.65$4.35
$71.00$72.001:2Sep 18-$0.27$0.73
$68.00$70.001:2Sep 18-$1.36$0.64
$80.00$84.001:2Oct 30-$0.50$3.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$69.00$65.001:2Oct 30-$0.33$3.67
$65.00$62.501:2Oct 16-$0.05$2.45
$69.00$67.001:2Oct 2-$0.15$1.85
$65.00$60.001:2Sep 25$0.00$5.00
$66.00$64.001:2Oct 9-$0.16$1.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 4.78%, avg 1.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$75.00Oct 30$3.500.472.4%4.78%7.14%49
$80.00Oct 30$1.800.329.2%2.46%11.64%7--
$75.00Oct 23$3.000.472.4%4.09%6.46%21
$75.00Oct 16$2.600.452.4%3.55%5.91%6124.1K
$77.50Oct 16$1.900.355.8%2.59%8.37%187699
$84.00Oct 30$1.000.2214.6%1.36%16.01%1--
$82.00Oct 23$1.100.2311.9%1.50%13.42%2--
$74.00Oct 9$2.600.481.0%3.55%4.54%4303
$80.00Oct 16$1.200.269.2%1.64%10.82%17764
$75.00Oct 9$2.150.432.4%2.93%5.30%1--

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 5,868
Total Puts 2,335
Put/Call Ratio 0.40
Net Difference 3,533

Prior's Put/Call Breakdown

Total Calls 5,554
Total Puts 2,723
Put/Call Ratio 0.49
Net Difference 2,831

Prior 7-Day Put/Call Summary

Total Calls 64,245
Total Puts 16,192
Average Put/Call Ratio 0.40
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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