Tour v528
PSX
PHILLIPS 66
$272.87 -0.49%
9/18 15:06

Option Volume

Detail
Current (09/18 3:05pm) 7,313
Calls: 5,314 (73%)
Puts: 1,999 (27%)
Prior (09/17) 4,902
Calls: 2,721 (56%)
Puts: 2,181 (44%)
Current vs Prior +49.18%
Calls: +95.30% (Calls)
Puts: -8.34% (Puts)
Prior 7-Day Total 31,567
Calls: 14,922 (47%)
Puts: 16,645 (53%)
Prior 7-Day Average 4,509
Calls: 2,131 (47%)
Puts: 2,377 (53%)
Current vs Prior 7-Day Avg +62.17%
Calls: +149.28%
Puts: -15.93%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 3:05pm) $28.68M
Calls: $27.23M (95%)
Puts: $1.45M (5%)
Prior (09/17) $8.64M
Calls: $6.76M (78%)
Puts: $1.88M (22%)
Current vs Prior +231.93%
Calls: +302.86%
Puts: -22.87%
Prior 7-Day Total $38.97M
Calls: $24.43M (63%)
Puts: $14.53M (37%)
Prior 7-Day Average $5.57M
Calls: $3.49M (63%)
Puts: $2.08M (37%)
Current vs Prior 7-Day Avg +415.16%
Calls: +680.03%
Puts: -30.11%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 3:05pm) 0.38
Prior (09/17) 0.80
Current vs Prior -53.07%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg -66.78%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 3:05pm) 97,947
Calls: 45,519 (46%)
Puts: 52,428 (54%)
Prior (09/17) 95,795
Calls: 44,401 (46%)
Puts: 51,394 (54%)
Current vs Prior +2.25%
Prior 7-Day Total 607,169
Calls: 292,322 (48%)
Puts: 314,847 (52%)
Prior 7-Day Average 86,738
Calls: 41,760 (48%)
Puts: 44,978 (52%)
Current vs Prior 7-Day Avg +12.92%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 1.55% | 4.82%1.55% | 10.94%
Prior 4.00% | 6.39%4.00% | 12.13%
Current vs Prior -61.29% | -24.60%-61.29% | -9.78%
Prior 7-Day Avg 2.92% | 5.31%5.48% | 12.30%
Current vs 7-Day Avg -46.98% | -9.18%-71.71% | -11.03%
Prior 7-Day Eod 4.00% | 6.39%2.02% | 10.87%
Current vs 7-Day Eod -61.29% | -24.60%-23.13% | +0.66%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 121.22% | 12.72%
Calls: 152.44% | 9.84%
Puts: 90.00% | 15.60%
Prior 17.83% | 12.95%
Calls: 17.14% | 12.87%
Puts: 18.52% | 13.02%
Current vs Prior +579.87% | -1.78%
Prior 7-Day Avg 57.64% | 14.00%
Calls: 39.29% | 15.42%
Puts: 75.98% | 12.57%
Current vs 7-Day Avg +110.32% | -9.12%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($27.23M) vs puts ($1.45M). Massive premium surge with dollar volume up 232% vs prior. Dollar volume significantly above 7-day average (415% higher). Extreme bullish P/C ratio of 0.38 - heavy call buying (5,314 calls vs 1,999 puts).

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 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 28 of results (avg 7.5%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Oct 1643.5045.70$44.604.9%--0.91334
$270.00Oct 1613.7014.40$14.055.0%1670.56538
$220.00Sep 1850.7053.40$52.055.2%161.00666
$220.00Oct 1652.1055.00$53.555.4%20.93634
$240.00Sep 1832.4034.30$33.355.7%1451.00611
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Oct 1615.4016.20$15.805.1%50.5754
$300.00Oct 3031.6033.50$32.555.8%10.72--
$260.00Oct 166.306.70$6.506.2%1790.31441
$270.00Oct 1610.1010.90$10.507.6%260.44140
$270.00Oct 98.609.40$9.008.9%40.447

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. 66 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 1850.7053.40$52.055.2%161.00666
$230.00Sep 1840.7043.60$42.156.9%131.00468
$240.00Sep 1832.4034.30$33.355.7%1451.00611
$242.50Sep 1828.4031.10$29.759.1%--1.0051
$245.00Sep 1825.7029.40$27.5513.4%--1.0025
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Sep 1810.9014.20$12.5526.3%30.943
$275.00Sep 182.004.70$3.3580.6%130.814
$285.00Sep 2513.1015.70$14.4018.1%30.79--
$300.00Oct 3031.6033.50$32.555.8%10.72--
$280.00Sep 259.5010.70$10.1011.9%--0.6812

Most actively traded options today. High liquidity = easy entry/exit. 162 active (total vol 4.0K, top 532)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Sep 252.603.30$2.9523.7%5320.3250
$270.00Sep 182.004.10$3.0568.9%3230.90617
$250.00Sep 1821.3024.50$22.9014.0%1951.00373
$270.00Oct 1613.7014.40$14.055.0%1670.56538
$275.00Sep 180.150.50$0.33106.1%1650.20245
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Oct 166.306.70$6.506.2%1790.31441
$240.00Oct 161.852.30$2.0821.6%1350.12296
$255.00Oct 22.102.45$2.2815.4%1210.1968
$250.00Oct 233.505.60$4.5546.2%630.2213
$220.00Oct 160.600.75$0.6822.1%620.042.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 111.8%, max 134.3%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$275.00Sep 18Oct 2398.3%42.2%132.6%167252
$272.50Sep 18Oct 273.9%38.8%90.3%15240
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$270.00Sep 18Oct 3097.1%41.4%134.3%2335
$272.50Sep 18Sep 2573.9%38.9%89.9%2765

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 117 found (best R:R 0.83, avg 5.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$260.00$270.00Oct 16$5.45$4.55$5.4569%0.83$265.45
$255.00$260.00Oct 2$3.20$1.80$3.2082%0.56$258.20
$305.00$310.00Oct 30$0.35$4.65$0.3524%13.29$305.35
$260.00$280.00Oct 30$10.50$9.50$10.5066%0.90$270.50
$252.50$255.00Sep 18$1.65$0.85$1.6589%0.52$254.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$250.00$245.00Oct 23$0.75$4.25$0.7522%5.67$249.25
$230.00$225.00Oct 9$0.10$4.90$0.105%49.00$229.90
$270.00$267.50Sep 18$0.18$2.32$0.1822%12.89$269.82
$280.00$275.00Sep 25$3.05$1.95$3.0568%0.64$276.95
$275.00$272.50Sep 25$1.20$1.30$1.2055%1.08$273.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 91 found (best R:R 0.72, avg 0.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$300.00$305.00Oct 30$1.55$1.55$3.4572%0.45$301.55
$280.00$285.00Oct 2$1.75$1.75$3.2562%0.54$281.75
$277.50$280.00Sep 25$0.95$0.95$1.5562%0.61$278.45
$290.00$295.00Oct 9$1.25$1.25$3.7572%0.33$291.25
$280.00$285.00Oct 9$1.90$1.90$3.1059%0.61$281.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$222.50$220.00Sep 18$1.05$1.05$1.4594%0.72$221.45
$237.50$235.00Sep 18$1.05$1.05$1.4592%0.72$236.45
$232.50$230.00Sep 18$1.03$1.03$1.4793%0.70$231.47
$252.50$250.00Sep 18$1.05$1.05$1.4588%0.72$251.45
$230.00$225.00Oct 2$0.88$0.88$4.1292%0.21$229.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $4.79, cheapest $4.80)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$272.50Sep 18Sep 25$5.2273.9%38.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$272.50Sep 18Sep 25$4.8073.9%38.9%
$280.00Sep 25Oct 9$4.3538.9%41.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 48 found (cheapest 0.71% of stock, avg 7.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$272.50Sep 18$0.88$1.05$1.93$270.57$274.430.71%
$270.00Sep 18$3.05$0.38$3.43$266.57$273.431.26%
$275.00Sep 18$0.33$3.35$3.68$271.32$278.681.35%
$267.50Sep 18$4.80$0.20$5.00$262.50$272.501.83%
$265.00Sep 18$7.95$0.03$7.98$257.02$272.982.92%
$262.50Sep 18$10.15$0.03$10.18$252.32$272.683.73%
$272.50Sep 25$6.10$5.85$11.95$260.55$284.454.38%
$275.00Sep 25$4.95$7.05$12.00$263.00$287.004.40%
$270.00Sep 25$7.60$4.70$12.30$257.70$282.304.51%
$267.50Sep 25$8.95$3.75$12.70$254.80$280.204.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.14% of stock, avg 3.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$285.00$267.50Sep 18$0.18$0.20$0.38$267.12$285.38
$277.50$267.50Sep 18$0.28$0.20$0.48$267.02$277.98
$275.00$267.50Sep 18$0.33$0.20$0.53$266.97$275.53
$285.00$270.00Sep 18$0.18$0.38$0.56$269.44$285.56
$277.50$270.00Sep 18$0.28$0.38$0.66$269.34$278.16
$275.00$270.00Sep 18$0.33$0.38$0.71$269.29$275.71
$285.00$232.50Sep 18$0.18$1.08$1.26$231.24$286.26
$300.00$267.50Sep 18$1.08$0.20$1.28$266.22$301.28
$285.00$237.50Sep 18$0.18$1.08$1.26$236.24$286.26
$297.50$267.50Sep 18$1.08$0.20$1.28$266.22$298.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 148 found (best R:R 0.97, avg credit $1.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
220/222278/280Sep 18$1.23$1.2781%0.97$221.27$278.73
230/232278/280Sep 18$1.21$1.2980%0.94$231.29$278.71
235/238278/280Sep 18$1.23$1.2779%0.97$236.27$278.73
250/252278/280Sep 18$1.23$1.2776%0.97$251.27$278.73
225/230285/290Oct 2$2.03$2.9763%0.68$227.97$287.03
250/255295/300Oct 23$2.90$2.1043%1.38$252.10$297.90
250/255305/310Oct 23$2.45$2.5552%0.96$252.55$307.45
232/235285/288Sep 25$0.63$1.8776%0.34$234.37$285.63
240/242278/280Sep 18$0.43$2.0784%0.21$242.07$277.93
250/255310/315Oct 23$2.27$2.7355%0.83$252.73$312.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 100 found (best R:R 11.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$260.00$270.00$280.00Oct 16$0.80$9.2025%11.50
$230.00$240.00$250.00Oct 16$0.15$9.8512%65.67
$275.00$280.00$285.00Oct 9$0.10$4.9014%49.00
$265.00$270.00$275.00Oct 9$0.20$4.8015%24.00
$265.00$270.00$275.00Oct 23$0.10$4.9012%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$240.00$250.00$260.00Oct 30$0.75$9.2517%12.33
$240.00$250.00$260.00Oct 16$0.88$9.1219%10.36
$267.50$270.00$272.50Sep 18$0.49$2.0142%4.10
$260.00$270.00$280.00Oct 16$1.30$8.7025%6.69
$270.00$275.00$280.00Oct 9$0.25$4.7514%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 116 found (best net $-2.20, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$280.001:2Oct 30-$2.20$17.80
$267.50$270.001:2Sep 18-$1.30$1.20
$290.00$300.001:2Oct 16-$1.35$8.65
$280.00$290.001:2Oct 16-$2.50$7.50
$265.00$267.501:2Sep 18-$1.65$0.85
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$280.001:2Oct 30-$5.65$14.35
$260.00$250.001:2Oct 16-$1.20$8.80
$250.00$240.001:2Oct 16-$0.31$9.69
$270.00$260.001:2Oct 16-$2.50$7.50
$240.00$230.001:2Oct 16-$0.32$9.68

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 4.29%, avg 1.60%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$280.00Oct 30$11.700.462.6%4.29%6.90%23
$285.00Oct 30$9.800.414.5%3.59%8.04%31
$290.00Oct 30$8.200.366.3%3.01%9.28%59
$295.00Oct 30$6.700.328.1%2.46%10.57%32
$300.00Oct 30$5.700.289.9%2.09%12.03%110
$275.00Oct 23$12.200.500.8%4.47%5.25%27
$280.00Oct 23$9.900.442.6%3.63%6.24%--21
$285.00Oct 23$8.000.394.5%2.93%7.38%19
$290.00Oct 23$6.400.346.3%2.35%8.62%127
$280.00Oct 16$9.000.432.6%3.30%5.91%133646

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 5,314
Total Puts 1,999
Put/Call Ratio 0.38
Net Difference 3,315

Prior's Put/Call Breakdown

Total Calls 2,721
Total Puts 2,181
Put/Call Ratio 0.80
Net Difference 540

Prior 7-Day Put/Call Summary

Total Calls 14,922
Total Puts 16,645
Average Put/Call Ratio 1.13
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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