Tour v492
NTRA
NATERA INC
$274.06 -0.41%
8/5 14:08

Option Volume

Detail
Current (08/05 2:05pm) 581
Calls: 62 (11%)
Puts: 519 (89%)
Prior (05/07) 4,080
Calls: 2,948 (72%)
Puts: 1,132 (28%)
Current vs Prior -85.76%
Calls: -97.90% (Calls)
Puts: -54.15% (Puts)
Prior 7-Day Total 12,133
Calls: 6,216 (51%)
Puts: 5,917 (49%)
Prior 7-Day Average 2,426
Calls: 888 (51%)
Puts: 845 (49%)
Current vs Prior 7-Day Avg -76.06%
Calls: -93.02%
Puts: -38.60%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05 2:05pm) $756.0K
Calls: $171.7K (23%)
Puts: $584.3K (77%)
Prior (05/07) $6.68M
Calls: $5.63M (84%)
Puts: $1.05M (16%)
Current vs Prior -88.69%
Calls: -96.95%
Puts: -44.56%
Prior 7-Day Total $11.65M
Calls: $7.89M (68%)
Puts: $3.76M (32%)
Prior 7-Day Average $2.33M
Calls: $1.13M (68%)
Puts: $537.0K (32%)
Current vs Prior 7-Day Avg -67.56%
Calls: -84.77%
Puts: +8.81%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05 2:05pm) 8.37
Prior (05/07) 0.38
Current vs Prior +2080.00%
Prior 7-Day Average 1.65
Current vs Prior 7-Day Avg +406.23%
Sentiment BEARISH

Open Interest

Detail
Current (08/05 2:05pm) 31,516
Calls: 16,216 (51%)
Puts: 15,300 (49%)
Prior (05/07) 26,747
Calls: 16,029 (60%)
Puts: 10,718 (40%)
Current vs Prior +17.83%
Prior 7-Day Total 81,725
Calls: 48,223 (58%)
Puts: 34,927 (42%)
Prior 7-Day Average 20,431
Calls: 9,644 (58%)
Puts: 6,985 (42%)
Current vs Prior 7-Day Avg +54.25%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 13.52% | 17.84%
Prior 15.98% | 20.00%
Current vs Prior -15.42% | -10.80%
Prior 7-Day Avg 15.47% | 18.78%
Current vs 7-Day Avg -12.64% | -5.01%
Prior 7-Day Eod 15.98% | 20.00%
Current vs 7-Day Eod -15.42% | -10.80%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 16.46% | 11.86%
Calls: 16.89% | 12.15%
Puts: 16.04% | 11.57%
Prior 12.76% | 12.84%
Calls: 12.02% | 14.44%
Puts: 13.50% | 11.25%
Current vs Prior +29.00% | -7.63%
Prior 7-Day Avg 14.72% | 13.92%
Calls: 14.15% | 14.15%
Puts: 15.29% | 13.70%
Current vs 7-Day Avg +11.85% | -14.82%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($584.3K) vs calls ($171.7K). Light premium activity with dollar volume down 89% vs prior. Below-average activity with volume down 86% vs prior. Extreme bearish P/C ratio of 8.37 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 10 of results (avg 7.8%, best 5.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2154.1057.30$55.705.7%--0.94190
$220.00Sep 1857.5061.40$59.456.6%--0.8810
$240.00Sep 1841.7044.80$43.257.2%--0.78273
$230.00Sep 1849.3053.10$51.207.4%--0.8365
$230.00Aug 2145.1048.60$46.857.5%--0.9057
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Sep 1835.7038.60$37.157.8%20.63--
$300.00Aug 2130.8033.60$32.208.7%--0.7112

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. 17 found (avg delta 0.71, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2154.1057.30$55.705.7%--0.94190
$230.00Aug 2145.1048.60$46.857.5%--0.9057
$220.00Sep 1857.5061.40$59.456.6%--0.8810
$240.00Aug 2136.8040.20$38.508.8%--0.84141
$230.00Sep 1849.3053.10$51.207.4%--0.8365
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2130.8033.60$32.208.7%--0.7112
$300.00Sep 1835.7038.60$37.157.8%20.63--
$290.00Aug 2123.3026.70$25.0013.6%--0.6219
$280.00Aug 2117.2020.20$18.7016.0%--0.5395

Most actively traded options today. High liquidity = easy entry/exit. 13 active (total vol 31, top 5)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Sep 1834.9038.00$36.458.5%40.7244
$300.00Sep 1811.5014.50$13.0023.1%40.3723
$290.00Aug 218.8010.90$9.8521.3%30.381.2K
$300.00Aug 216.007.70$6.8524.8%20.292.1K
$270.00Sep 1823.2026.20$24.7012.1%20.5726
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 214.607.00$5.8041.4%50.2441
$230.00Aug 211.153.20$2.1794.5%30.101.1K
$240.00Aug 212.504.70$3.6061.1%20.1680
$300.00Sep 1835.7038.60$37.157.8%20.63--
$270.00Aug 2112.2015.30$13.7522.5%10.4355

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 20.6%, max 23.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$260.00Aug 21Sep 1869.2%56.0%23.6%--388
$270.00Aug 21Sep 1869.2%56.3%22.8%22.0K
$240.00Aug 21Sep 1869.0%56.3%22.5%--414
$230.00Aug 21Sep 1870.9%58.4%21.3%--122
$250.00Aug 21Sep 1867.8%56.0%21.1%4243
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$260.00Aug 21Sep 1869.2%56.0%23.6%--1.2K
$270.00Aug 21Sep 1869.2%56.3%22.8%175
$240.00Aug 21Sep 1869.0%56.3%22.5%291
$230.00Aug 21Sep 1870.9%58.4%21.3%31.1K
$250.00Aug 21Sep 1867.8%56.0%21.1%651

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 25 found (best R:R 9.87, avg 2.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$320.00Aug 21$1.47$8.53$1.475.80$311.47
$300.00$310.00Aug 21$2.20$7.80$2.203.55$302.20
$300.00$320.00Sep 18$4.95$15.05$4.953.04$304.95
$290.00$300.00Aug 21$3.00$7.00$3.002.33$293.00
$280.00$290.00Aug 21$3.40$6.60$3.401.94$283.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$230.00$220.00Aug 21$0.92$9.08$0.929.87$229.08
$240.00$230.00Aug 21$1.43$8.57$1.435.99$238.57
$230.00$220.00Sep 18$1.50$8.50$1.505.67$228.50
$240.00$230.00Sep 18$1.95$8.05$1.954.13$238.05
$250.00$240.00Aug 21$2.20$7.80$2.203.55$247.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 32 found (best R:R 7.70, avg 1.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$220.00$230.00Aug 21$8.85$8.85$1.157.70$228.85
$230.00$240.00Aug 21$8.35$8.35$1.655.06$238.35
$220.00$230.00Sep 18$8.25$8.25$1.754.71$228.25
$230.00$240.00Sep 18$7.95$7.95$2.053.88$237.95
$240.00$250.00Aug 21$7.80$7.80$2.203.55$247.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$300.00$290.00Aug 21$7.20$7.20$2.802.57$292.80
$290.00$280.00Aug 21$6.30$6.30$3.701.70$283.70
$300.00$270.00Sep 18$18.05$18.05$11.951.51$281.95
$280.00$270.00Aug 21$4.95$4.95$5.050.98$275.05
$270.00$260.00Sep 18$4.80$4.80$5.200.92$265.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $4.89, cheapest $2.65)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Aug 21Sep 18$3.7572.7%60.6%
$230.00Aug 21Sep 18$4.3570.9%58.4%
$240.00Aug 21Sep 18$4.7569.0%56.3%
$320.00Aug 21Sep 18$4.8769.3%59.3%
$250.00Aug 21Sep 18$5.7567.8%56.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Aug 21Sep 18$2.6572.7%60.6%
$230.00Aug 21Sep 18$3.2370.9%58.4%
$240.00Aug 21Sep 18$3.7569.0%56.3%
$250.00Aug 21Sep 18$4.6067.8%56.0%
$260.00Aug 21Sep 18$4.9069.2%56.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 11.66% of stock, avg 16.23%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$280.00Aug 21$13.25$18.70$31.95$248.05$311.9511.66%
$270.00Aug 21$18.35$13.75$32.10$237.90$302.1011.71%
$260.00Aug 21$24.05$9.40$33.45$226.55$293.4512.21%
$290.00Aug 21$9.85$25.00$34.85$255.15$324.8512.72%
$250.00Aug 21$30.70$5.80$36.50$213.50$286.5013.32%
$300.00Aug 21$6.85$32.20$39.05$260.95$339.0514.25%
$240.00Aug 21$38.50$3.60$42.10$197.90$282.1015.36%
$270.00Sep 18$24.70$19.10$43.80$226.20$313.8015.98%
$260.00Sep 18$30.10$14.30$44.40$215.60$304.4016.20%
$250.00Sep 18$36.45$10.40$46.85$203.15$296.8517.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 35 found (cheapest 1.95% of stock, avg 6.06%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$320.00$230.00Aug 21$3.18$2.17$5.35$224.65$325.35
$320.00$240.00Aug 21$3.18$3.60$6.78$233.22$326.78
$310.00$230.00Aug 21$4.65$2.17$6.82$223.18$316.82
$310.00$240.00Aug 21$4.65$3.60$8.25$231.75$318.25
$320.00$250.00Aug 21$3.18$5.80$8.98$241.02$328.98
$300.00$230.00Aug 21$6.85$2.17$9.02$220.98$309.02
$300.00$240.00Aug 21$6.85$3.60$10.45$229.55$310.45
$310.00$250.00Aug 21$4.65$5.80$10.45$239.55$320.45
$290.00$230.00Aug 21$9.85$2.17$12.02$217.98$302.02
$320.00$260.00Aug 21$3.18$9.40$12.58$247.42$332.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 56 found (best R:R 6.81, avg credit $6.93)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
220/230240/250Aug 21$8.72$1.286.81$221.28$248.72
250/260270/280Aug 21$8.70$1.306.69$251.30$278.70
290/300310/320Aug 21$8.67$1.336.52$291.33$318.67
250/260270/280Sep 18$8.55$1.455.90$251.45$278.55
280/290300/310Aug 21$8.50$1.505.67$281.50$308.50
240/250260/270Sep 18$8.45$1.555.45$241.55$268.45
220/230240/250Sep 18$8.30$1.704.88$221.70$248.30
230/240250/260Sep 18$8.30$1.704.88$231.70$258.30
230/240250/260Aug 21$8.08$1.924.21$231.92$258.08
270/280290/300Aug 21$7.95$2.053.88$272.05$297.95

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 32.33, cheapest $0.30)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$220.00$230.00$240.00Sep 18$0.30$9.7032.33
$280.00$290.00$300.00Aug 21$0.40$9.6024.00
$240.00$250.00$260.00Sep 18$0.45$9.5521.22
$220.00$230.00$240.00Aug 21$0.50$9.5019.00
$230.00$240.00$250.00Aug 21$0.55$9.4517.18
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$220.00$230.00$240.00Sep 18$0.45$9.5521.22
$220.00$230.00$240.00Aug 21$0.51$9.4918.61
$260.00$270.00$280.00Aug 21$0.60$9.4015.67
$250.00$260.00$270.00Aug 21$0.75$9.2512.33
$230.00$240.00$250.00Aug 21$0.77$9.2311.99

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 19 found (best net $-1.05, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$320.001:2Sep 18-$3.10$16.90
$280.00$300.001:2Sep 18-$5.95$14.05
$310.00$320.001:2Aug 21-$1.71$8.29
$300.00$310.001:2Aug 21-$2.45$7.55
$290.00$300.001:2Aug 21-$3.85$6.15
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$270.001:2Sep 18-$1.05$28.95
$230.00$220.001:2Aug 21-$0.33$9.67
$240.00$230.001:2Aug 21-$0.74$9.26
$250.00$240.001:2Aug 21-$1.40$8.60
$260.00$250.001:2Aug 21-$2.20$7.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 6.71%, avg 3.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$280.00Sep 18$18.400.502.2%6.71%8.88%--45
$280.00Aug 21$11.800.472.2%4.31%6.47%1127
$300.00Sep 18$11.500.379.5%4.20%13.66%423
$290.00Aug 21$8.800.385.8%3.21%9.03%31.2K
$320.00Sep 18$6.300.2616.8%2.30%19.06%--22
$300.00Aug 21$6.000.299.5%2.19%11.65%22.1K
$310.00Aug 21$3.900.2213.1%1.42%14.54%11.3K
$320.00Aug 21$2.350.1616.8%0.86%17.62%--222

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 62
Total Puts 519
Put/Call Ratio 8.37
Net Difference -457

Prior's Put/Call Breakdown

Total Calls 2,948
Total Puts 1,132
Put/Call Ratio 0.38
Net Difference 1,816

Prior 7-Day Put/Call Summary

Total Calls 6,216
Total Puts 5,917
Average Put/Call Ratio 1.65
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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