Tour v381
PM
PHILIP MORRIS INTL I
$188.04 -2.43%
$190.95 (+1.55%)🌙
as of 07/21 06:01 PM
7/21 18:01

Option Volume

Detail
Current (07/21) 14,110
Calls: 5,334 (38%)
Puts: 8,776 (62%)
Prior (07/20) 7,185
Calls: 3,333 (46%)
Puts: 3,852 (54%)
Current vs Prior +96.38%
Calls: +60.04% (Calls)
Puts: +127.83% (Puts)
Prior 7-Day Total 41,921
Calls: 24,165 (58%)
Puts: 17,756 (42%)
Prior 7-Day Average 5,988
Calls: 3,452 (58%)
Puts: 2,536 (42%)
Current vs Prior 7-Day Avg +135.61%
Calls: +54.51%
Puts: +245.98%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/21) $5.28M
Calls: $2.10M (40%)
Puts: $3.18M (60%)
Prior (07/20) $5.47M
Calls: $3.99M (73%)
Puts: $1.48M (27%)
Current vs Prior -3.55%
Calls: -47.34%
Puts: +114.18%
Prior 7-Day Total $22.68M
Calls: $15.89M (70%)
Puts: $6.79M (30%)
Prior 7-Day Average $3.24M
Calls: $2.27M (70%)
Puts: $970.0K (30%)
Current vs Prior 7-Day Avg +62.94%
Calls: -7.44%
Puts: +227.68%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21) 1.65
Prior (07/20) 1.16
Current vs Prior +42.36%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg +115.88%
Sentiment BEARISH

Open Interest

Detail
Current (07/21) 129,598
Calls: 60,728 (47%)
Puts: 68,870 (53%)
Prior (07/20) 63,449
Calls: 33,078 (52%)
Puts: 30,371 (48%)
Current vs Prior +104.26%
Prior 7-Day Total 456,334
Calls: 220,330 (48%)
Puts: 236,004 (52%)
Prior 7-Day Average 65,190
Calls: 31,475 (48%)
Puts: 33,714 (52%)
Current vs Prior 7-Day Avg +98.80%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 6.12% | 7.10%9.20% | 12.13%
Prior 6.17% | 7.03%9.05% | 12.01%
Current vs Prior -0.96% | +0.98%+1.61% | +0.94%
Prior 7-Day Avg 4.29% | 6.99%4.02% | 10.59%
Current vs 7-Day Avg +42.50% | +1.57%+129.04% | +14.49%
Prior 7-Day Eod 6.17% | 7.03%9.05% | 12.01%
Current vs 7-Day Eod -0.96% | +0.98%+1.61% | +0.94%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 19.13% | 11.22%
Calls: 17.32% | 6.80%
Puts: 20.95% | 15.65%
Prior 112.90% | 41.72%
Calls: 110.00% | 44.63%
Puts: 115.79% | 38.81%
Current vs Prior -83.06% | -73.11%
Prior 7-Day Avg 49.09% | 21.43%
Calls: 46.74% | 20.78%
Puts: 51.43% | 22.07%
Current vs 7-Day Avg -61.03% | -47.64%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($3.18M). Dollar volume significantly above 7-day average (63% higher). Above-average activity with volume up 96% vs prior. Volume explosion - 136% above 7-day average (14,110 vs avg 5,988).

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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 2 of results (avg 7.7%, best 7.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 78.309.00$8.658.1%100.5814
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2114.4015.50$14.957.4%10.70187

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. 47 found (avg delta 0.70, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 2426.4030.00$28.2012.8%10.9810
$170.00Jul 2416.5019.90$18.2018.7%--0.9326
$160.00Aug 2127.6031.40$29.5012.9%--0.9136
$165.00Jul 3121.8025.60$23.7016.0%--0.9010
$165.00Aug 2123.2026.80$25.0014.4%--0.8830
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Jul 2420.3024.00$22.1516.7%--0.9310
$212.50Jul 2422.7026.50$24.6015.4%--0.9310
$205.00Jul 2415.6019.40$17.5021.7%40.90--
$202.50Jul 2413.4017.10$15.2524.3%--0.8615
$200.00Jul 2411.2014.90$13.0528.4%290.8120

Most actively traded options today. High liquidity = easy entry/exit. 140 active (total vol 11.3K, top 916)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Jul 244.004.50$4.2511.8%6650.46291
$202.50Jul 240.700.95$0.8330.1%4180.14106
$200.00Jul 241.051.45$1.2532.0%3660.19352
$192.50Aug 215.506.70$6.1019.7%2910.4469
$192.50Jul 242.853.50$3.1820.4%2870.38171
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 241.752.10$1.9318.1%9160.25242
$177.50Jul 241.251.50$1.3818.1%6770.19828
$175.00Jul 240.801.00$0.9022.2%6470.14238
$165.00Jul 240.050.25$0.15133.3%5530.03342
$170.00Jul 240.350.50$0.4334.9%4610.07203

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 106.3%, max 163.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$217.50Jul 24Jul 31127.1%49.5%156.9%1972
$220.00Jul 24Aug 28108.8%43.9%147.7%295
$225.00Jul 24Aug 21101.9%41.7%144.2%589
$187.50Jul 24Aug 2176.7%34.9%119.8%123125
$215.00Jul 24Aug 2875.8%35.5%113.6%979
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$155.00Jul 24Aug 21109.3%41.5%163.4%50838
$187.50Jul 24Aug 2176.7%34.9%119.8%302107
$180.00Jul 24Aug 2875.4%34.6%118.1%917250
$172.50Jul 24Aug 2180.5%37.3%116.0%221151
$170.00Jul 24Aug 2878.6%36.7%114.1%473204

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 101 found (best R:R 19.00, avg 3.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$215.00$220.00Aug 21$0.25$4.75$0.2519.00$215.25
$220.00$225.00Jul 24$0.27$4.73$0.2717.52$220.27
$212.50$215.00Jul 24$0.17$2.33$0.1713.71$212.67
$205.00$207.50Jul 24$0.20$2.30$0.2011.50$205.20
$202.50$205.00Jul 24$0.28$2.22$0.287.93$202.78
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$172.50Jul 24$0.17$2.33$0.1713.71$174.83
$175.00$170.00Aug 14$0.35$4.65$0.3513.29$174.65
$165.00$160.00Aug 21$0.37$4.63$0.3712.51$164.63
$160.00$155.00Aug 21$0.50$4.50$0.509.00$159.50
$170.00$165.00Aug 14$0.55$4.45$0.558.09$169.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 124 found (best R:R 13.29, avg 1.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$160.00$165.00Aug 21$4.50$4.50$0.509.00$164.50
$182.50$185.00Jul 31$2.20$2.20$0.307.33$184.70
$165.00$170.00Aug 21$4.35$4.35$0.656.69$169.35
$170.00$175.00Aug 21$4.05$4.05$0.954.26$174.05
$190.00$192.50Aug 7$2.00$2.00$0.504.00$192.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$210.00$205.00Jul 24$4.65$4.65$0.3513.29$205.35
$205.00$202.50Jul 24$2.25$2.25$0.259.00$202.75
$202.50$200.00Jul 24$2.20$2.20$0.307.33$200.30
$205.00$200.00Aug 21$4.00$4.00$1.004.00$201.00
$192.50$190.00Jul 31$1.95$1.95$0.553.55$190.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $1.01, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Jul 24Aug 21$0.10108.8%34.9%
$210.00Jul 24Jul 31$0.1574.7%44.4%
$205.00Jul 24Jul 31$0.2572.6%43.5%
$185.00Jul 24Jul 31$0.5575.0%48.1%
$225.00Jul 24Aug 21$0.60101.9%41.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$197.50Jul 24Jul 31$0.2070.9%47.1%
$177.50Jul 24Jul 31$0.5076.3%47.3%
$170.00Jul 24Jul 31$0.5278.6%53.0%
$175.00Jul 24Jul 31$0.6375.6%49.6%
$180.00Jul 24Jul 31$0.7075.4%48.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 5.45% of stock, avg 8.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$190.00Jul 24$4.25$6.00$10.25$179.75$200.255.45%
$187.50Jul 24$5.50$4.85$10.35$177.15$197.855.50%
$192.50Jul 24$3.18$7.40$10.58$181.92$203.085.63%
$185.00Jul 24$7.30$3.60$10.90$174.10$195.905.80%
$195.00Jul 24$2.38$9.10$11.48$183.52$206.486.11%
$182.50Jul 24$9.20$2.63$11.83$170.67$194.336.29%
$187.50Jul 31$6.45$5.60$12.05$175.45$199.556.41%
$185.00Jul 31$7.85$4.45$12.30$172.70$197.306.54%
$190.00Jul 31$5.60$6.90$12.50$177.50$202.506.65%
$180.00Jul 24$10.95$1.93$12.88$167.12$192.886.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.40% of stock, avg 4.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$200.00$177.50Jul 24$1.25$1.38$2.63$174.87$202.63
$197.50$177.50Jul 24$1.55$1.38$2.93$174.57$200.43
$200.00$180.00Jul 24$1.25$1.93$3.18$176.82$203.18
$210.00$165.00Aug 14$1.30$2.05$3.35$161.65$213.35
$197.50$180.00Jul 24$1.55$1.93$3.48$176.52$200.98
$210.00$165.00Aug 28$2.00$1.53$3.53$161.47$213.53
$195.00$177.50Jul 24$2.38$1.38$3.76$173.74$198.76
$210.00$160.00Aug 28$2.00$1.80$3.80$156.20$213.80
$200.00$177.50Jul 31$1.98$1.88$3.86$173.64$203.86
$200.00$182.50Jul 24$1.25$2.63$3.88$178.62$203.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 244 found (best R:R 32.33, avg credit $2.26)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
155/160165/170Aug 21$4.85$0.1532.33$155.15$169.85
180/185190/195Aug 14$4.80$0.2024.00$180.20$194.80
190/192198/200Jul 31$2.39$0.1121.73$190.11$199.89
175/178182/185Jul 24$2.38$0.1219.83$175.12$184.88
160/162182/185Jul 24$2.37$0.1318.23$160.13$184.87
178/180185/188Jul 24$2.35$0.1515.67$177.65$187.35
192/195198/200Jul 31$2.34$0.1614.63$192.66$199.84
165/168182/185Jul 24$2.33$0.1713.71$165.17$184.83
170/172185/188Jul 31$2.33$0.1713.71$170.17$187.33
165/168190/192Aug 21$2.33$0.1713.71$165.17$192.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$192.50$195.00$197.50Jul 31$0.06$2.4440.67
$160.00$165.00$170.00Aug 21$0.15$4.8532.33
$202.50$205.00$207.50Jul 24$0.08$2.4230.25
$207.50$210.00$212.50Jul 24$0.09$2.4126.78
$182.50$185.00$187.50Jul 24$0.10$2.4024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$200.00$202.50$205.00Jul 24$0.05$2.4549.00
$177.50$180.00$182.50Jul 31$0.05$2.4549.00
$175.00$177.50$180.00Jul 24$0.07$2.4334.71
$170.00$172.50$175.00Aug 21$0.08$2.4230.25
$160.00$165.00$170.00Aug 7$0.18$4.8226.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 91 found (best net $-0.45, 81 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$200.00$205.001:2Aug 7-$0.06$4.94
$215.00$220.001:2Aug 21-$0.30$4.70
$205.00$210.001:2Aug 14-$0.57$4.43
$210.00$215.001:2Aug 28-$0.76$4.24
$200.00$205.001:2Aug 14-$0.91$4.09
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$180.001:2Aug 28-$0.45$9.55
$165.00$160.001:2Aug 7-$0.06$4.94
$165.00$160.001:2Aug 14-$0.15$4.85
$160.00$155.001:2Jul 24-$0.20$4.80
$170.00$165.001:2Aug 7-$0.50$4.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 3.83%, avg 1.35%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Aug 28$7.200.491.0%3.83%4.87%--74
$190.00Aug 21$7.000.491.0%3.72%4.76%44908
$190.00Aug 14$6.400.491.0%3.40%4.45%29
$190.00Aug 7$5.600.471.0%2.98%4.02%4431
$192.50Aug 21$5.500.442.4%2.92%5.30%29169
$195.00Aug 21$5.000.393.7%2.66%6.36%65908
$195.00Aug 28$5.000.403.7%2.66%6.36%19
$190.00Jul 31$4.900.471.0%2.61%3.65%45272
$192.50Aug 7$4.500.402.4%2.39%4.76%993
$195.00Aug 14$4.400.383.7%2.34%6.04%--19

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 5,334
Total Puts 8,776
Put/Call Ratio 1.65
Net Difference -3,442

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 24,165
Total Puts 17,756
Average Put/Call Ratio 0.76
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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