Tour v492
NTRA
NATERA INC
$266.26 -3.05%
8/6 14:06

Option Volume

Detail
Current (08/06 2:05pm) 1,994
Calls: 234 (12%)
Puts: 1,760 (88%)
Prior (08/05) 581
Calls: 62 (11%)
Puts: 519 (89%)
Current vs Prior +243.20%
Calls: +277.42% (Calls)
Puts: +239.11% (Puts)
Prior 7-Day Total 12,714
Calls: 6,278 (49%)
Puts: 6,436 (51%)
Prior 7-Day Average 2,119
Calls: 896 (49%)
Puts: 919 (51%)
Current vs Prior 7-Day Avg -5.90%
Calls: -73.91%
Puts: +91.42%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/06 2:05pm) $1.47M
Calls: $350.1K (24%)
Puts: $1.12M (76%)
Prior (08/05) $756.0K
Calls: $171.7K (23%)
Puts: $584.3K (77%)
Current vs Prior +94.16%
Calls: +103.90%
Puts: +91.30%
Prior 7-Day Total $12.41M
Calls: $8.06M (65%)
Puts: $4.34M (35%)
Prior 7-Day Average $2.07M
Calls: $1.15M (65%)
Puts: $620.4K (35%)
Current vs Prior 7-Day Avg -29.02%
Calls: -69.61%
Puts: +80.16%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06 2:05pm) 7.52
Prior (08/05) 8.37
Current vs Prior -10.15%
Prior 7-Day Average 2.21
Current vs Prior 7-Day Avg +240.13%
Sentiment BEARISH

Open Interest

Detail
Current (08/06 2:05pm) 32,010
Calls: 16,375 (51%)
Puts: 15,635 (49%)
Prior (08/05) 31,516
Calls: 16,216 (51%)
Puts: 15,300 (49%)
Current vs Prior +1.57%
Prior 7-Day Total 113,241
Calls: 64,439 (56%)
Puts: 50,227 (44%)
Prior 7-Day Average 22,648
Calls: 10,739 (56%)
Puts: 8,371 (44%)
Current vs Prior 7-Day Avg +41.34%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 13.88% | 17.90%
Prior 15.89% | 20.15%
Current vs Prior -12.64% | -11.21%
Prior 7-Day Avg 15.15% | 18.63%
Current vs 7-Day Avg -8.39% | -3.92%
Prior 7-Day Eod 15.89% | 20.15%
Current vs 7-Day Eod -12.64% | -11.21%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 14.91% | 13.34%
Calls: 14.43% | 11.49%
Puts: 15.38% | 15.18%
Prior 15.07% | 13.89%
Calls: 18.18% | 14.15%
Puts: 11.97% | 13.64%
Current vs Prior -1.06% | -3.96%
Prior 7-Day Avg 14.80% | 13.91%
Calls: 15.15% | 14.15%
Puts: 14.46% | 13.69%
Current vs 7-Day Avg +0.71% | -4.13%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 76% of dollar volume in puts ($1.12M) vs calls ($350.1K). Elevated premium activity with dollar volume up 94% vs prior. Unusually high activity with volume up 243% vs prior - elevated interest. Extreme bearish P/C ratio of 7.52 - 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 BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 7 of results (avg 7.4%, best 5.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2147.5050.20$48.855.5%10.90190
$240.00Sep 1835.7038.10$36.906.5%--0.73273
$220.00Sep 1850.4053.80$52.106.5%--0.8610
$230.00Sep 1842.8045.90$44.357.0%--0.8065
$230.00Aug 2138.7041.70$40.207.5%--0.8557
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2135.7039.30$37.509.6%--0.7812

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. 15 found (avg delta 0.71, highest 0.90)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2147.5050.20$48.855.5%10.90190
$220.00Sep 1850.4053.80$52.106.5%--0.8610
$230.00Aug 2138.7041.70$40.207.5%--0.8557
$230.00Sep 1842.8045.90$44.357.0%--0.8065
$240.00Aug 2130.5033.90$32.2010.6%--0.77141
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2135.7039.30$37.509.6%--0.7812
$290.00Aug 2128.1031.30$29.7010.8%--0.7119
$280.00Aug 2121.3024.20$22.7512.7%--0.6195
$270.00Aug 2116.2018.90$17.5515.4%20.5156

Most actively traded options today. High liquidity = easy entry/exit. 19 active (total vol 980, top 659)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Aug 2112.7015.20$13.9517.9%940.492.0K
$310.00Aug 212.104.90$3.5080.0%300.171.5K
$300.00Aug 214.004.90$4.4520.2%210.222.1K
$290.00Sep 1810.9013.30$12.1019.8%130.377
$250.00Aug 2123.9027.10$25.5012.5%100.69199
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 217.209.70$8.4529.6%6590.3138
$240.00Aug 214.806.50$5.6530.1%710.2381
$260.00Aug 2111.8013.90$12.8516.3%390.411.4K
$220.00Aug 211.602.20$1.9031.6%50.0968
$230.00Aug 212.903.50$3.2018.8%50.151.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 25.2%, max 29.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$220.00Aug 21Sep 1875.1%58.0%29.5%1200
$260.00Aug 21Sep 1873.2%57.7%26.9%1214
$250.00Aug 21Sep 1872.1%57.1%26.3%13246
$240.00Aug 21Sep 1874.3%58.9%26.0%--414
$230.00Aug 21Sep 1873.0%58.0%25.9%--122
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$220.00Aug 21Sep 1875.1%58.0%29.5%5128
$260.00Aug 21Sep 1873.2%57.7%26.9%391.4K
$250.00Aug 21Sep 1872.1%57.1%26.3%65949
$240.00Aug 21Sep 1874.3%58.9%26.0%7192
$230.00Aug 21Sep 1873.0%58.0%25.9%61.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 9.53, avg 2.28)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$300.00$310.00Aug 21$0.95$9.05$0.959.53$300.95
$290.00$300.00Aug 21$1.95$8.05$1.954.13$291.95
$290.00$300.00Sep 18$2.55$7.45$2.552.92$292.55
$280.00$290.00Aug 21$3.30$6.70$3.302.03$283.30
$280.00$290.00Sep 18$4.00$6.00$4.001.50$284.00
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$230.00$220.00Aug 21$1.30$8.70$1.306.69$228.70
$230.00$220.00Sep 18$2.27$7.73$2.273.41$227.73
$240.00$230.00Aug 21$2.45$7.55$2.453.08$237.55
$250.00$240.00Aug 21$2.80$7.20$2.802.57$247.20
$250.00$240.00Sep 18$3.15$6.85$3.152.17$246.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 30 found (best R:R 6.41, avg 1.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$220.00$230.00Aug 21$8.65$8.65$1.356.41$228.65
$230.00$240.00Aug 21$8.00$8.00$2.004.00$238.00
$220.00$230.00Sep 18$7.75$7.75$2.253.44$227.75
$230.00$240.00Sep 18$7.45$7.45$2.552.92$237.45
$240.00$250.00Aug 21$6.70$6.70$3.302.03$246.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$300.00$290.00Aug 21$7.80$7.80$2.203.55$292.20
$290.00$280.00Aug 21$6.95$6.95$3.052.28$283.05
$280.00$270.00Aug 21$5.20$5.20$4.801.08$274.80
$270.00$260.00Sep 18$4.75$4.75$5.250.90$265.25
$270.00$260.00Aug 21$4.70$4.70$5.300.89$265.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $4.69, cheapest $2.38)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Aug 21Sep 18$3.2575.1%58.0%
$230.00Aug 21Sep 18$4.1573.0%58.0%
$240.00Aug 21Sep 18$4.7074.3%58.9%
$250.00Aug 21Sep 18$4.9072.1%57.1%
$300.00Aug 21Sep 18$5.1070.2%57.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Aug 21Sep 18$2.3875.1%58.0%
$230.00Aug 21Sep 18$3.3573.0%58.0%
$240.00Aug 21Sep 18$4.1574.3%58.9%
$250.00Aug 21Sep 18$4.5072.1%57.1%
$260.00Aug 21Sep 18$4.8073.2%57.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 11.83% of stock, avg 15.60%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$270.00Aug 21$13.95$17.55$31.50$238.50$301.5011.83%
$260.00Aug 21$19.40$12.85$32.25$227.75$292.2512.11%
$280.00Aug 21$9.70$22.75$32.45$247.55$312.4512.19%
$250.00Aug 21$25.50$8.45$33.95$216.05$283.9512.75%
$290.00Aug 21$6.40$29.70$36.10$253.90$326.1013.56%
$240.00Aug 21$32.20$5.65$37.85$202.15$277.8514.22%
$300.00Aug 21$4.45$37.50$41.95$258.05$341.9515.76%
$270.00Sep 18$20.20$22.40$42.60$227.40$312.6016.00%
$260.00Sep 18$25.25$17.65$42.90$217.10$302.9016.11%
$250.00Sep 18$30.40$12.95$43.35$206.65$293.3516.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 40 found (cheapest 2.03% of stock, avg 7.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$310.00$220.00Aug 21$3.50$1.90$5.40$214.60$315.40
$300.00$220.00Aug 21$4.45$1.90$6.35$213.65$306.35
$310.00$230.00Aug 21$3.50$3.20$6.70$223.30$316.70
$300.00$230.00Aug 21$4.45$3.20$7.65$222.35$307.65
$290.00$220.00Aug 21$6.40$1.90$8.30$211.70$298.30
$310.00$240.00Aug 21$3.50$5.65$9.15$230.85$319.15
$290.00$230.00Aug 21$6.40$3.20$9.60$220.40$299.60
$300.00$240.00Aug 21$4.45$5.65$10.10$229.90$310.10
$280.00$220.00Aug 21$9.70$1.90$11.60$208.40$291.60
$310.00$250.00Aug 21$3.50$8.45$11.95$238.05$321.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 48 found (best R:R 7.33, avg credit $6.69)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/260270/280Sep 18$8.80$1.207.33$251.20$278.80
220/230240/250Sep 18$8.77$1.237.13$221.23$248.77
260/270280/290Sep 18$8.75$1.257.00$261.25$288.75
250/260280/290Sep 18$8.70$1.306.69$251.30$288.70
250/260270/280Aug 21$8.65$1.356.41$251.35$278.65
230/240250/260Aug 21$8.55$1.455.90$231.45$258.55
230/240250/260Sep 18$8.40$1.605.25$231.60$258.40
230/240260/270Sep 18$8.30$1.704.88$231.70$268.30
240/250260/270Aug 21$8.25$1.754.71$241.75$268.25
240/250260/270Sep 18$8.20$1.804.56$241.80$268.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 99.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Sep 18$0.10$9.9099.00
$270.00$280.00$290.00Sep 18$0.10$9.9099.00
$220.00$230.00$240.00Sep 18$0.30$9.7032.33
$240.00$250.00$260.00Aug 21$0.60$9.4015.67
$220.00$230.00$240.00Aug 21$0.65$9.3514.38
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Aug 21$0.30$9.7032.33
$230.00$240.00$250.00Aug 21$0.35$9.6527.57
$260.00$270.00$280.00Aug 21$0.50$9.5019.00
$280.00$290.00$300.00Aug 21$0.85$9.1510.76
$220.00$230.00$240.00Sep 18$0.98$9.029.20

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 16 found (best net $-0.60, 16 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$290.00$300.001:2Aug 21-$2.50$7.50
$300.00$310.001:2Aug 21-$2.55$7.45
$280.00$290.001:2Aug 21-$3.10$6.90
$270.00$280.001:2Aug 21-$5.45$4.55
$290.00$300.001:2Sep 18-$7.00$3.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$220.001:2Aug 21-$0.60$9.40
$240.00$230.001:2Aug 21-$0.75$9.25
$230.00$220.001:2Sep 18-$2.01$7.99
$250.00$240.001:2Aug 21-$2.85$7.15
$240.00$230.001:2Sep 18-$3.30$6.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 6.99%, avg 3.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$270.00Sep 18$18.600.521.4%6.99%8.39%--26
$280.00Sep 18$14.600.455.2%5.48%10.64%445
$270.00Aug 21$12.700.491.4%4.77%6.17%942.0K
$290.00Sep 18$10.900.378.9%4.09%13.01%137
$280.00Aug 21$8.700.395.2%3.27%8.43%8127
$300.00Sep 18$8.500.3112.7%3.19%15.86%323
$290.00Aug 21$5.100.298.9%1.92%10.83%101.2K
$300.00Aug 21$4.000.2212.7%1.50%14.17%212.1K
$310.00Aug 21$2.100.1716.4%0.79%17.22%301.5K

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 234
Total Puts 1,760
Put/Call Ratio 7.52
Net Difference -1,526

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 6,278
Total Puts 6,436
Average Put/Call Ratio 2.21
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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