Tour v394
REGN
REGENERON PHARMACEUT
$651.91 +0.11%
$653.03 (+0.17%)🌙
as of 07/23 07:02 PM
7/23 19:02

Option Volume

Detail
Current (07/23) 759
Calls: 404 (53%)
Puts: 355 (47%)
Prior (07/22) 1,681
Calls: 797 (47%)
Puts: 884 (53%)
Current vs Prior -54.85%
Calls: -49.31% (Calls)
Puts: -59.84% (Puts)
Prior 7-Day Total 9,245
Calls: 5,145 (56%)
Puts: 4,100 (44%)
Prior 7-Day Average 1,320
Calls: 735 (56%)
Puts: 585 (44%)
Current vs Prior 7-Day Avg -42.53%
Calls: -45.03%
Puts: -39.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/23) $1.47M
Calls: $1.15M (78%)
Puts: $325.2K (22%)
Prior (07/22) $3.87M
Calls: $2.54M (66%)
Puts: $1.33M (34%)
Current vs Prior -61.91%
Calls: -54.75%
Puts: -75.56%
Prior 7-Day Total $24.07M
Calls: $15.89M (66%)
Puts: $8.17M (34%)
Prior 7-Day Average $3.44M
Calls: $2.27M (66%)
Puts: $1.17M (34%)
Current vs Prior 7-Day Avg -57.13%
Calls: -49.40%
Puts: -72.15%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23) 0.88
Prior (07/22) 1.11
Current vs Prior -20.78%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +20.37%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/23) 2,241
Calls: 1,689 (75%)
Puts: 552 (25%)
Prior (07/22) 4,680
Calls: 3,101 (66%)
Puts: 1,579 (34%)
Current vs Prior -52.12%
Prior 7-Day Total 24,906
Calls: 16,685 (67%)
Puts: 8,221 (33%)
Prior 7-Day Average 3,558
Calls: 2,383 (67%)
Puts: 1,174 (33%)
Current vs Prior 7-Day Avg -37.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 1.64% | 7.02%9.33% | 11.62%
Prior 2.30% | 6.65%9.25% | 11.43%
Current vs Prior -28.61% | +5.54%+0.80% | +1.63%
Prior 7-Day Avg 2.59% | 5.50%4.97% | 10.04%
Current vs 7-Day Avg -36.40% | +27.65%+87.83% | +15.79%
Prior 7-Day Eod 2.30% | 6.65%9.25% | 11.43%
Current vs 7-Day Eod -28.61% | +5.54%+0.80% | +1.63%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 45.00% | 29.67%
Calls: 51.91% | 33.66%
Puts: 38.10% | 25.69%
Prior 45.00% | 29.67%
Calls: 51.91% | 33.66%
Puts: 38.10% | 25.69%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 45.00% | 29.67%
Calls: 51.91% | 33.66%
Puts: 38.10% | 25.69%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($1.15M) vs puts ($325.2K). Light premium activity with dollar volume down 62% vs prior. Below-average activity with volume down 55% vs prior. P/C ratio dropping 21% - sentiment shifting bullish.

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 NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 1 of results (avg 7.8%, best 7.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Jul 2498.30106.30$102.307.8%10.92--
PUTS (0)
No puts meet the criteria

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 0.67, highest 0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Jul 2498.30106.30$102.307.8%10.92--
$600.00Jul 2448.3057.00$52.6516.5%10.87--
$600.00Jul 3154.0061.70$57.8513.3%10.84189
$600.00Aug 2160.1067.30$63.7011.3%40.78--
$605.00Aug 2156.0063.00$59.5011.8%40.76--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$675.00Jul 2419.2027.20$23.2034.5%20.78--
$660.00Jul 246.8014.00$10.4069.2%20.6717

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 374, top 76)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$675.00Aug 711.1018.40$14.7549.5%760.371
$690.00Jul 240.102.90$1.50186.7%350.1171
$660.00Jul 240.057.80$3.93197.2%110.3513
$645.00Jul 3122.8029.70$26.2526.3%40.57--
$600.00Aug 2160.1067.30$63.7011.3%40.78--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Aug 2114.6018.70$16.6524.6%500.335
$632.50Jul 240.002.40$1.20200.0%480.13--
$627.50Jul 240.000.60$0.30200.0%450.05--
$565.00Aug 210.708.70$4.70170.2%160.11--
$555.00Aug 210.358.20$4.27183.8%110.10--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 83.9%, max 281.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 24Aug 21155.3%40.7%281.4%5--
$700.00Jul 24Aug 21134.6%37.2%261.4%3--
$690.00Jul 24Aug 787.3%44.8%95.1%3671
$680.00Jul 31Aug 2158.5%39.3%49.0%379
$660.00Jul 24Aug 2151.3%41.1%25.0%1213
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$650.00Aug 7Aug 2146.7%38.7%20.7%9--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 32.33, avg 4.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$690.00$710.00Jul 31$2.15$17.85$2.158.30$692.15
$700.00$730.00Aug 21$4.75$25.25$4.755.32$704.75
$650.00$652.50Jul 24$0.40$2.10$0.405.25$650.40
$670.00$680.00Jul 31$3.10$6.90$3.102.23$673.10
$655.00$660.00Jul 24$1.57$3.43$1.572.18$656.57
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$580.00$575.00Jul 31$0.15$4.85$0.1532.33$579.85
$565.00$555.00Aug 21$0.43$9.57$0.4322.26$564.57
$630.00$627.50Jul 24$0.13$2.37$0.1318.23$629.87
$640.00$637.50Jul 24$0.30$2.20$0.307.33$639.70
$625.00$565.00Aug 21$11.95$48.05$11.954.02$613.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 35 found (best R:R 141.86, avg 5.65)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$550.00$600.00Jul 24$49.65$49.65$0.35141.86$599.65
$600.00$645.00Jul 24$43.05$43.05$1.9522.08$643.05
$600.00$605.00Aug 21$4.20$4.20$0.805.25$604.20
$645.00$650.00Jul 24$3.60$3.60$1.402.57$648.60
$600.00$645.00Jul 31$31.60$31.60$13.402.36$631.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$675.00$660.00Jul 24$12.80$12.80$2.205.82$662.20
$660.00$645.00Jul 24$7.52$7.52$7.481.01$652.48
$650.00$625.00Aug 21$11.05$11.05$13.950.79$638.95
$555.00$550.00Aug 21$1.99$1.99$3.010.66$553.01
$632.50$630.00Jul 24$0.77$0.77$1.730.45$631.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $9.99, cheapest $1.70)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$640.00Aug 14Aug 21$2.1540.8%39.9%
$600.00Jul 24Jul 31$5.20155.3%60.2%
$680.00Jul 31Aug 21$5.5558.5%39.3%
$690.00Jul 24Jul 31$6.4087.3%55.5%
$700.00Jul 24Aug 21$6.60134.6%37.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$650.00Aug 7Aug 14$1.7046.7%40.4%
$637.50Jul 24Jul 31$14.2047.9%57.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 3 found (cheapest 1.91% of stock, avg 4.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$645.00Jul 24$9.60$2.88$12.48$632.52$657.481.91%
$660.00Jul 24$3.93$10.40$14.33$645.67$674.332.20%
$650.00Aug 14$27.75$25.05$52.80$597.20$702.808.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 62 found (cheapest 0.17% of stock, avg 2.53%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$670.00$630.00Jul 24$0.65$0.43$1.08$628.92$671.08
$670.00$632.50Jul 24$0.65$1.20$1.85$630.65$671.85
$670.00$637.50Jul 24$0.65$1.25$1.90$635.60$671.90
$690.00$630.00Jul 24$1.50$0.43$1.93$628.07$691.93
$670.00$640.00Jul 24$0.65$1.55$2.20$637.80$672.20
$690.00$632.50Jul 24$1.50$1.20$2.70$629.80$692.70
$690.00$637.50Jul 24$1.50$1.25$2.75$634.75$692.75
$690.00$640.00Jul 24$1.50$1.55$3.05$636.95$693.05
$670.00$645.00Jul 24$0.65$2.88$3.53$641.47$673.53
$700.00$630.00Jul 24$3.65$0.43$4.08$625.92$704.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 48 found (best R:R 6.94, avg credit $9.61)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
630/632645/650Jul 24$4.37$0.636.94$628.13$649.37
625/650660/680Aug 21$19.90$5.103.90$630.10$679.90
638/640645/650Jul 24$3.90$1.103.55$636.10$648.90
628/630645/650Jul 24$3.73$1.272.94$626.27$648.73
550/555605/640Aug 21$25.09$9.912.53$529.91$630.09
625/650680/700Aug 21$17.90$7.102.52$632.10$697.90
575/580600/645Jul 31$31.75$13.252.40$548.25$631.75
555/565605/640Aug 21$23.53$11.472.05$541.47$628.53
550/555640/660Aug 21$12.44$7.561.65$542.56$652.44
575/580645/650Jul 31$3.05$1.951.56$576.95$648.05

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 24.00, cheapest $0.20)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$645.00$650.00$655.00Jul 31$0.20$4.8024.00
$640.00$660.00$680.00Aug 21$1.60$18.4011.50
$660.00$680.00$700.00Aug 21$2.00$18.009.00
$660.00$670.00$680.00Jul 31$1.15$8.857.70
$650.00$652.50$655.00Jul 24$0.30$2.207.33
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$627.50$630.00$632.50Jul 24$0.64$1.862.91
$645.00$660.00$675.00Jul 24$5.28$9.721.84

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-3.00, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$550.00$600.001:2Jul 24-$3.00$47.00
$700.00$730.001:2Aug 21-$0.75$29.25
$605.00$640.001:2Aug 21-$13.30$21.70
$670.00$690.001:2Jul 24-$2.35$17.65
$680.00$700.001:2Aug 21-$3.40$16.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$650.00$625.001:2Aug 21-$5.60$19.40
$565.00$555.001:2Aug 21-$3.84$6.16
$645.00$640.001:2Jul 24-$0.22$4.78
$555.00$550.001:2Aug 21-$0.29$4.71
$637.50$632.501:2Jul 24-$1.15$3.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 3.42%, avg 1.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$660.00Aug 21$22.300.481.2%3.42%4.66%1--
$655.00Aug 7$19.800.500.5%3.04%3.51%1--
$655.00Jul 31$16.700.490.5%2.56%3.04%1--
$660.00Jul 31$15.600.461.2%2.39%3.63%1--
$680.00Aug 21$14.800.374.3%2.27%6.58%1--
$670.00Jul 31$11.100.392.8%1.70%4.48%1--
$675.00Aug 7$11.100.373.5%1.70%5.24%761
$680.00Jul 31$8.500.334.3%1.30%5.61%279
$700.00Aug 21$7.500.267.4%1.15%8.53%2--
$690.00Aug 7$6.000.285.8%0.92%6.76%1--

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 404
Total Puts 355
Put/Call Ratio 0.88
Net Difference 49

Prior's Put/Call Breakdown

Total Calls 797
Total Puts 884
Put/Call Ratio 1.11
Net Difference -87

Prior 7-Day Put/Call Summary

Total Calls 5,145
Total Puts 4,100
Average Put/Call Ratio 0.73
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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