Tour v366
PM
PHILIP MORRIS INTL I
$192.72 -0.13%
$192.00 (-0.37%)🌙
as of 07/20 06:57 PM
7/20 18:57

Option Volume

Detail
Current (07/20) 7,185
Calls: 3,333 (46%)
Puts: 3,852 (54%)
Prior (07/17) 9,401
Calls: 6,028 (64%)
Puts: 3,373 (36%)
Current vs Prior -23.57%
Calls: -44.71% (Calls)
Puts: +14.20% (Puts)
Prior 7-Day Total 39,561
Calls: 22,540 (57%)
Puts: 17,021 (43%)
Prior 7-Day Average 5,651
Calls: 3,220 (57%)
Puts: 2,431 (43%)
Current vs Prior 7-Day Avg +27.13%
Calls: +3.51%
Puts: +58.42%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/20) $5.47M
Calls: $3.99M (73%)
Puts: $1.48M (27%)
Prior (07/17) $5.88M
Calls: $4.44M (76%)
Puts: $1.44M (24%)
Current vs Prior -6.94%
Calls: -10.22%
Puts: +3.20%
Prior 7-Day Total $19.36M
Calls: $12.69M (66%)
Puts: $6.67M (34%)
Prior 7-Day Average $2.77M
Calls: $1.81M (66%)
Puts: $952.7K (34%)
Current vs Prior 7-Day Avg +97.95%
Calls: +120.11%
Puts: +55.78%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 1.16
Prior (07/17) 0.56
Current vs Prior +106.54%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg +34.74%
Sentiment BEARISH

Open Interest

Detail
Current (07/20) 63,449
Calls: 33,078 (52%)
Puts: 30,371 (48%)
Prior (07/17) 75,134
Calls: 35,742 (48%)
Puts: 39,392 (52%)
Current vs Prior -15.55%
Prior 7-Day Total 456,087
Calls: 212,744 (47%)
Puts: 243,343 (53%)
Prior 7-Day Average 65,155
Calls: 30,392 (47%)
Puts: 34,763 (53%)
Current vs Prior 7-Day Avg -2.62%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 6.17% | 7.03%9.05% | 12.01%
Prior 6.40% | 7.51%1.60% | 10.23%
Current vs Prior -3.51% | -6.43%+467.33% | +17.37%
Prior 7-Day Avg 3.73% | 6.60%3.33% | 10.38%
Current vs 7-Day Avg +65.48% | +6.58%+171.54% | +15.67%
Prior 7-Day Eod 6.40% | 7.51%1.60% | 10.23%
Current vs 7-Day Eod -3.51% | -6.43%+467.33% | +17.37%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 112.90% | 41.72%
Calls: 110.00% | 44.63%
Puts: 115.79% | 38.81%
Prior 112.90% | 41.72%
Calls: 110.00% | 44.63%
Puts: 115.79% | 38.81%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 36.32% | 17.37%
Calls: 34.08% | 16.01%
Puts: 38.56% | 18.73%
Current vs 7-Day Avg +210.82% | +140.20%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($3.99M). Dollar volume significantly above 7-day average (98% higher). Slightly bearish P/C ratio of 1.16. P/C ratio rising 107% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 21 of results (avg 7.6%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Aug 1415.5016.40$15.955.6%10.77--
$185.00Jul 249.7010.30$10.006.0%20.73--
$190.00Aug 148.909.50$9.206.5%10.579
$182.50Jul 2411.5012.30$11.906.7%100.79101
$200.00Aug 215.005.40$5.207.7%510.381.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2111.6012.20$11.905.0%10.62187
$195.00Aug 218.809.30$9.055.5%30.53138
$190.00Aug 216.406.80$6.606.1%430.43182
$185.00Aug 214.504.80$4.656.5%370.33549
$202.50Jul 2411.2012.00$11.606.9%50.7610

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 0.67, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 2426.2028.70$27.459.1%11.00--
$170.00Jul 2421.7024.40$23.0511.7%40.9426
$177.50Jul 2414.4016.90$15.6516.0%10.88--
$170.00Aug 722.0025.40$23.7014.3%10.87--
$175.00Aug 717.6020.90$19.2517.1%10.86--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$202.50Jul 2411.2012.00$11.606.9%50.7610
$205.00Aug 2114.9016.20$15.558.4%360.70--
$200.00Aug 710.8011.60$11.207.1%10.64--
$200.00Aug 2111.6012.20$11.905.0%10.62187
$197.50Jul 318.409.20$8.809.1%1430.61--

Most actively traded options today. High liquidity = easy entry/exit. 113 active (total vol 3.9K, top 674)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 212.252.80$2.5321.7%1960.22818
$190.00Jul 317.208.10$7.6511.8%1630.59129
$212.50Aug 211.602.60$2.1047.6%1240.19--
$200.00Jul 242.152.55$2.3517.0%910.30317
$200.00Aug 73.704.60$4.1521.7%810.3681
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Aug 210.000.95$0.48197.9%6740.041.3K
$180.00Jul 241.151.40$1.2719.7%2520.1787
$165.00Jul 240.050.30$0.18138.9%2270.03118
$197.50Jul 318.409.20$8.809.1%1430.61--
$177.50Jul 240.801.00$0.9022.2%1370.12801

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 32 strikes (avg 80.3%, max 133.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$212.50Jul 24Aug 2177.2%36.5%111.2%126--
$190.00Jul 24Aug 2866.3%33.9%95.3%5365
$215.00Jul 24Aug 2175.6%40.0%89.2%20--
$185.00Jul 24Aug 2166.0%35.0%88.9%211.7K
$192.50Jul 24Aug 2165.2%34.7%88.0%156141
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$155.00Jul 24Aug 21103.8%44.4%133.7%6801.3K
$167.50Jul 24Aug 2188.1%39.1%125.2%13850
$165.00Jul 24Aug 2179.7%37.8%110.9%239563
$172.50Jul 24Aug 2177.6%38.1%103.5%3150
$170.00Jul 24Aug 2176.3%37.6%102.9%137729

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 82 found (best R:R 37.46, avg 4.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$220.00$225.00Aug 21$0.22$4.78$0.2221.73$220.22
$205.00$210.00Jul 31$0.23$4.77$0.2320.74$205.23
$225.00$230.00Aug 21$0.30$4.70$0.3015.67$225.30
$205.00$207.50Jul 24$0.25$2.25$0.259.00$205.25
$217.50$225.00Jul 24$0.82$6.68$0.828.15$218.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$170.00Jul 31$0.13$4.87$0.1337.46$174.87
$165.00$160.00Aug 21$0.22$4.78$0.2221.73$164.78
$175.00$172.50Jul 24$0.16$2.34$0.1614.62$174.84
$162.50$155.00Jul 24$0.50$7.00$0.5014.00$162.00
$177.50$175.00Jul 24$0.17$2.33$0.1713.71$177.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 94 found (best R:R 8.09, avg 0.94)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$170.00$175.00Aug 7$4.45$4.45$0.558.09$174.45
$165.00$170.00Jul 24$4.40$4.40$0.607.33$169.40
$175.00$180.00Aug 21$3.95$3.95$1.053.76$178.95
$182.50$185.00Jul 24$1.90$1.90$0.603.17$184.40
$177.50$182.50Jul 24$3.75$3.75$1.253.00$181.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$205.00$200.00Aug 21$3.65$3.65$1.352.70$201.35
$202.50$195.00Jul 24$5.00$5.00$2.502.00$197.50
$197.50$195.00Jul 31$1.55$1.55$0.951.63$195.95
$200.00$195.00Aug 7$3.05$3.05$1.951.56$196.95
$195.00$192.50Jul 24$1.45$1.45$1.051.38$193.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 32 found (avg debit $0.88, cheapest $0.32)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$170.00Jul 24Aug 7$0.6576.3%52.5%
$190.00Jul 24Jul 31$0.6566.3%46.8%
$205.00Jul 24Jul 31$0.6665.0%45.4%
$175.00Aug 7Aug 21$0.7042.5%36.8%
$202.50Jul 24Jul 31$0.7564.9%45.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$165.00Jul 24Jul 31$0.3279.7%58.9%
$155.00Jul 24Aug 21$0.33103.8%44.4%
$175.00Jul 24Jul 31$0.4074.3%51.0%
$180.00Jul 24Jul 31$0.4869.9%47.7%
$170.00Jul 24Jul 31$0.6576.3%59.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 5.42% of stock, avg 8.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$192.50Jul 24$5.30$5.15$10.45$182.05$202.955.42%
$195.00Jul 24$4.15$6.60$10.75$184.25$205.755.58%
$190.00Jul 24$7.00$4.05$11.05$178.95$201.055.73%
$187.50Jul 24$8.25$3.10$11.35$176.15$198.855.89%
$192.50Jul 31$6.30$5.85$12.15$180.35$204.656.30%
$185.00Jul 24$10.00$2.22$12.22$172.78$197.226.34%
$195.00Jul 31$5.05$7.25$12.30$182.70$207.306.38%
$190.00Jul 31$7.65$4.90$12.55$177.45$202.556.51%
$197.50Jul 31$4.05$8.80$12.85$184.65$210.356.67%
$187.50Jul 31$9.15$3.75$12.90$174.60$200.406.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 99 found (cheapest 1.53% of stock, avg 3.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$205.00$182.50Jul 24$1.27$1.68$2.95$179.55$207.95
$202.50$182.50Jul 24$1.75$1.68$3.43$179.07$205.93
$205.00$185.00Jul 24$1.27$2.22$3.49$181.51$208.49
$207.50$175.00Aug 7$2.25$1.42$3.67$171.33$211.17
$202.50$185.00Jul 24$1.75$2.22$3.97$181.03$206.47
$200.00$182.50Jul 24$2.35$1.68$4.03$178.47$204.03
$207.50$177.50Aug 7$2.25$1.85$4.10$173.40$211.60
$205.00$175.00Aug 7$2.75$1.42$4.17$170.83$209.17
$205.00$182.50Jul 31$1.93$2.35$4.28$178.22$209.28
$205.00$187.50Jul 24$1.27$3.10$4.37$183.13$209.37

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 231 found (best R:R 11.50, avg credit $1.97)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
180/182195/198Aug 21$2.30$0.2011.50$180.20$197.30
178/180182/185Jul 24$2.27$0.239.87$177.73$184.77
192/195198/200Jul 31$2.25$0.259.00$192.75$199.75
195/198200/202Jul 31$2.25$0.259.00$195.25$202.25
188/190195/198Aug 21$2.25$0.259.00$187.75$197.25
182/185190/192Jul 24$2.24$0.268.62$182.76$192.24
170/172190/192Aug 21$2.23$0.278.26$170.27$192.23
170/172175/180Aug 21$4.43$0.577.77$168.07$179.43
182/185195/198Aug 21$2.20$0.307.33$182.80$197.20
165/168175/180Aug 21$4.36$0.646.81$163.14$179.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 46 found (best R:R 34.71, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$190.00$192.50$195.00Jul 31$0.10$2.4024.00
$200.00$202.50$205.00Jul 24$0.12$2.3819.83
$200.00$202.50$205.00Jul 31$0.13$2.3718.23
$182.50$185.00$187.50Jul 24$0.15$2.3515.67
$192.50$195.00$197.50Jul 24$0.15$2.3515.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$185.00$187.50$190.00Jul 24$0.07$2.4334.71
$155.00$160.00$165.00Aug 21$0.15$4.8532.33
$180.00$182.50$185.00Jul 24$0.13$2.3718.23
$187.50$190.00$192.50Jul 24$0.15$2.3515.67
$192.50$195.00$197.50Jul 31$0.15$2.3515.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 63 found (best net $--, 55 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$200.001:2Aug 14$0.00$10.00
$215.00$220.001:2Aug 21-$0.07$4.93
$225.00$230.001:2Aug 21-$0.33$4.67
$220.00$225.001:2Aug 21-$0.71$4.29
$200.00$205.001:2Aug 7-$1.35$3.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$180.001:2Aug 28-$0.10$9.90
$202.50$195.001:2Jul 24-$1.60$5.90
$170.00$165.001:2Jul 31$0.00$5.00
$165.00$160.001:2Aug 21-$0.33$4.67
$160.00$155.001:2Aug 21-$0.41$4.59

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 32 found (best yield 3.63%, avg 1.30%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$195.00Aug 21$7.000.471.2%3.63%4.82%18895
$195.00Aug 7$5.600.461.2%2.91%4.09%958
$197.50Aug 21$5.400.422.5%2.80%5.28%15--
$200.00Aug 21$5.000.383.8%2.59%6.37%511.6K
$195.00Jul 31$4.600.461.2%2.39%3.57%66119
$200.00Aug 14$4.300.373.8%2.23%6.01%1137
$195.00Jul 24$3.800.441.2%1.97%3.15%20--
$200.00Aug 7$3.700.363.8%1.92%5.70%8181
$197.50Jul 31$3.600.392.5%1.87%4.35%65
$205.00Aug 28$3.500.316.4%1.82%8.19%163

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 3,333
Total Puts 3,852
Put/Call Ratio 1.16
Net Difference -519

Prior's Put/Call Breakdown

Total Calls 6,028
Total Puts 3,373
Put/Call Ratio 0.56
Net Difference 2,655

Prior 7-Day Put/Call Summary

Total Calls 22,540
Total Puts 17,021
Average Put/Call Ratio 0.86
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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