Tour v303
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SHOPIFY INC A
$119.22 -2.18%
$118.99 (-0.19%)🌙
as of 07/08 07:02 PM
◀ 7/8 19:02 ▶

Option Volume

Detail
ℹ
Current (07/08) 28,516
Calls: 12,444 (44%)
Puts: 16,072 (56%)
Prior (07/07) 36,506
Calls: 15,707 (43%)
Puts: 20,799 (57%)
Current vs Prior -21.89%
Calls: -20.77% (Calls)
Puts: -22.73% (Puts)
Prior 7-Day Total 230,845
Calls: 116,013 (50%)
Puts: 114,832 (50%)
Prior 7-Day Average 32,977
Calls: 16,573 (50%)
Puts: 16,404 (50%)
Current vs Prior 7-Day Avg -13.53%
Calls: -24.92%
Puts: -2.03%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/08) $16.34M
Calls: $5.78M (35%)
Puts: $10.56M (65%)
Prior (07/07) $12.60M
Calls: $8.61M (68%)
Puts: $3.99M (32%)
Current vs Prior +29.69%
Calls: -32.85%
Puts: +164.45%
Prior 7-Day Total $80.84M
Calls: $54.93M (68%)
Puts: $25.91M (32%)
Prior 7-Day Average $11.55M
Calls: $7.85M (68%)
Puts: $3.70M (32%)
Current vs Prior 7-Day Avg +41.53%
Calls: -26.35%
Puts: +185.43%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/08) 1.29
Prior (07/07) 1.32
Current vs Prior -2.46%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg +31.57%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/08) 420,624
Calls: 313,066 (74%)
Puts: 107,558 (26%)
Prior (07/07) 468,847
Calls: 329,223 (70%)
Puts: 139,624 (30%)
Current vs Prior -10.29%
Prior 7-Day Total 3,613,188
Calls: 2,623,965 (73%)
Puts: 989,223 (27%)
Prior 7-Day Average 516,169
Calls: 374,852 (73%)
Puts: 141,317 (27%)
Current vs Prior 7-Day Avg -18.51%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.12% | 7.57%7.57% | 21.50%
Prior 5.36% | 8.39%8.39% | 22.11%
Current vs Prior -23.13% | -9.76%-9.76% | -2.78%
Prior 7-Day Avg 5.20% | 8.44%8.52% | 22.11%
Current vs 7-Day Avg -20.75% | -10.28%-11.07% | -2.77%
Prior 7-Day Eod 5.36% | 8.39%-- | --
Current vs 7-Day Eod -23.13% | -9.76%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Prior 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 11.84% | 7.88%
Calls: 11.05% | 6.73%
Puts: 12.64% | 9.02%
Current vs 7-Day Avg -10.75% | -31.56%
Liquidity Pricy
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🤖 AI Insights

Moderately bearish flow with 65% put dollar volume ($10.56M). Bearish P/C ratio of 1.29 indicates protective positioning. Call-heavy open interest (313,066 calls vs 107,558 puts) suggests bullish positioning.

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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 27 of results (avg 7.9%, best 4.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 2113.6514.40$14.035.3%310.611.0K
$130.00Aug 217.257.70$7.486.0%2110.411.3K
$120.00Aug 2111.1511.85$11.506.1%390.54645
$125.00Aug 219.009.60$9.306.5%1650.471.2K
$117.00Aug 711.0511.90$11.487.4%310.5845
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2114.1514.75$14.454.2%1990.53514
$130.00Aug 2117.3518.25$17.805.1%440.5992
$120.00Aug 2111.3011.90$11.605.2%260.462.0K
$115.00Aug 218.759.35$9.056.6%610.39329
$115.00Aug 77.408.05$7.738.4%2240.3918

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.71, cheapest $0.44)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Jul 100.410.48$0.4415.9%4230.161.7K
$124.00Jul 100.540.63$0.5915.3%420.20880
$123.00Jul 100.740.87$0.8116.0%500.25321
$130.00Jul 170.911.05$0.9814.3%5260.184.9K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 100.670.80$0.7417.6%2670.22527

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 97 found (avg delta 0.69, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Jul 1021.3524.45$22.9013.5%10.98--
$101.00Jul 1016.7019.60$18.1516.0%20.9825
$97.00Jul 1020.6523.65$22.1513.5%10.95--
$110.00Jul 108.2010.30$9.2522.7%50.94102
$109.00Jul 108.8511.70$10.2727.8%50.94--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 1719.5522.80$21.1815.3%480.95--
$139.00Jul 1719.1021.50$20.3011.8%20.93--
$138.00Jul 1717.6020.80$19.2016.7%480.93--
$143.00Jul 1723.0525.40$24.239.7%480.93--
$128.00Jul 107.7510.75$9.2532.4%70.9310

Most actively traded options today. High liquidity = easy entry/exit. 300 active (total vol 22.0K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 170.160.25$0.2142.9%1.0K0.054.4K
$120.00Jul 101.701.92$1.8112.2%9330.454.0K
$131.00Jul 100.030.20$0.12141.7%7810.04174
$132.00Jul 100.010.15$0.08175.0%7080.03956
$130.00Jul 170.911.05$0.9814.3%5260.184.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 243.604.05$3.8311.7%1.5K0.3645
$105.00Jul 240.881.54$1.2154.5%1.5K0.1599
$104.00Jul 100.020.24$0.13169.2%7420.04204
$103.00Jul 100.000.17$0.09188.9%6980.02130
$110.00Jul 171.071.30$1.1919.3%5860.192.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 30.9%, max 102.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$96.00Jul 10Jul 24143.5%70.8%102.8%9--
$140.00Jul 10Aug 21101.8%68.9%47.6%321.3K
$111.00Jul 10Jul 1774.0%57.4%28.8%22117
$136.00Jul 10Aug 798.2%77.1%27.4%22332
$135.00Jul 10Aug 2187.2%69.6%25.2%916.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$96.00Jul 10Jul 24143.5%70.8%102.8%431121
$101.00Jul 10Jul 24115.1%64.0%79.9%421104
$100.00Jul 10Aug 21119.8%71.2%68.3%653.7K
$99.00Jul 10Jul 31108.1%65.5%65.1%1434
$105.00Jul 10Aug 21110.0%70.0%57.1%915.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 164 found (best R:R 15.67, avg 2.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$136.00$140.00Jul 17$0.24$3.76$0.2415.67$136.24
$127.00$129.00Jul 31$0.14$1.86$0.1413.29$127.14
$132.00$135.00Jul 17$0.24$2.76$0.2411.50$132.24
$126.00$127.00Jul 10$0.10$0.90$0.109.00$126.10
$124.00$125.00Jul 17$0.10$0.90$0.109.00$124.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$105.00$103.00Jul 17$0.16$1.84$0.1611.50$104.84
$111.00$110.00Jul 10$0.10$0.90$0.109.00$110.90
$103.00$101.00Jul 24$0.21$1.79$0.218.52$102.79
$100.00$99.00Jul 17$0.11$0.89$0.118.09$99.89
$108.00$107.00Jul 17$0.11$0.89$0.118.09$107.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 206 found (best R:R 11.00, avg 1.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$106.00Jul 17$5.50$5.50$0.5011.00$105.50
$114.00$115.00Aug 14$0.90$0.90$0.109.00$114.90
$112.00$113.00Jul 10$0.85$0.85$0.155.67$112.85
$124.00$125.00Aug 7$0.85$0.85$0.155.67$124.85
$96.00$110.00Jul 24$11.88$11.88$2.125.60$107.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$140.00$139.00Jul 17$0.88$0.88$0.127.33$139.12
$118.00$117.00Aug 14$0.87$0.87$0.136.69$117.13
$130.00$125.00Jul 17$4.15$4.15$0.854.88$125.85
$114.00$113.00Aug 7$0.83$0.83$0.174.88$113.17
$138.00$135.00Jul 17$2.47$2.47$0.534.66$135.53

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 61 found (avg debit $1.50, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$140.00Jul 10Jul 17$0.16101.8%59.9%
$136.00Jul 10Jul 17$0.3398.2%60.9%
$135.00Jul 10Jul 17$0.3987.2%59.0%
$96.00Jul 10Jul 24$0.63143.5%70.8%
$132.00Jul 10Jul 17$0.6374.7%57.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$96.00Jul 10Jul 17$0.07143.5%74.0%
$99.00Jul 10Jul 17$0.14108.1%66.4%
$100.00Jul 10Jul 17$0.20119.8%69.7%
$103.00Jul 10Jul 17$0.28104.5%64.1%
$105.00Jul 10Jul 17$0.32110.0%63.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 86 found (cheapest 3.68% of stock, avg 12.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$119.00Jul 10$2.33$2.06$4.39$114.61$123.393.68%
$120.00Jul 10$1.81$2.58$4.39$115.61$124.393.68%
$118.00Jul 10$2.89$1.62$4.51$113.49$122.513.78%
$121.00Jul 10$1.41$3.16$4.57$116.43$125.573.83%
$117.00Jul 10$3.53$1.27$4.80$112.20$121.804.03%
$122.00Jul 10$1.08$3.80$4.88$117.12$126.884.09%
$116.00Jul 10$4.28$0.95$5.23$110.77$121.234.39%
$123.00Jul 10$0.81$4.47$5.28$117.72$128.284.43%
$115.00Jul 10$5.10$0.74$5.84$109.16$120.844.90%
$125.00Jul 10$0.44$6.03$6.47$118.53$131.475.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.12% of stock, avg 9.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$124.00$115.00Jul 10$0.59$0.74$1.33$113.67$125.33
$124.00$116.00Jul 10$0.59$0.95$1.54$114.46$125.54
$123.00$115.00Jul 10$0.81$0.74$1.55$113.45$124.55
$123.00$116.00Jul 10$0.81$0.95$1.76$114.24$124.76
$122.00$115.00Jul 10$1.08$0.74$1.82$113.18$123.82
$124.00$117.00Jul 10$0.59$1.27$1.86$115.14$125.86
$122.00$116.00Jul 10$1.08$0.95$2.03$113.97$124.03
$123.00$117.00Jul 10$0.81$1.27$2.08$114.92$125.08
$121.00$115.00Jul 10$1.41$0.74$2.15$112.85$123.15
$124.00$118.00Jul 10$0.59$1.62$2.21$115.79$126.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 272 found (best R:R 15.67, avg credit $1.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
103/105112/113Aug 7$1.88$0.1215.67$103.12$113.88
125/130135/140Aug 21$4.65$0.3513.29$125.35$139.65
103/105124/125Aug 7$1.83$0.1710.76$103.17$125.83
105/106111/112Jul 17$0.90$0.109.00$105.10$111.90
100/102112/114Jul 31$1.79$0.218.52$100.21$113.79
99/100112/113Jul 17$0.89$0.118.09$99.11$112.89
100/101113/114Jul 17$0.89$0.118.09$100.11$113.89
107/108112/113Jul 17$0.89$0.118.09$107.11$112.89
108/109114/115Jul 17$0.89$0.118.09$108.11$114.89
106/108110/114Jul 24$3.54$0.467.70$104.46$113.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 93 found (best R:R 20.74, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$130.00$135.00$140.00Aug 21$0.23$4.7720.74
$125.00$130.00$135.00Aug 21$0.29$4.7116.24
$121.00$122.00$123.00Jul 10$0.06$0.9415.67
$115.00$116.00$117.00Jul 24$0.06$0.9415.67
$115.00$120.00$125.00Aug 21$0.33$4.6714.15
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$112.00$113.00$114.00Jul 10$0.05$0.9519.00
$107.00$108.00$109.00Jul 17$0.05$0.9519.00
$113.00$114.00$115.00Jul 10$0.06$0.9415.67
$119.00$120.00$121.00Jul 10$0.06$0.9415.67
$120.00$121.00$122.00Jul 10$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 88 found (best net $-1.37, 82 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$112.001:2Jul 31-$1.37$10.63
$102.00$109.001:2Jul 10-$3.16$3.84
$136.00$140.001:2Jul 24-$0.88$3.12
$132.00$135.001:2Jul 17-$0.23$2.77
$136.00$140.001:2Aug 7-$1.86$2.14
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$100.001:2Aug 14-$1.23$8.77
$99.00$96.001:2Jul 10-$0.13$2.87
$105.00$100.001:2Aug 21-$2.31$2.69
$103.00$101.001:2Jul 10-$0.07$1.93
$105.00$103.001:2Jul 17-$0.21$1.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 9.35%, avg 2.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Aug 21$11.150.540.7%9.35%10.01%39645
$120.00Aug 7$9.400.530.7%7.88%8.54%1453
$120.00Aug 14$9.350.540.7%7.84%8.50%327
$121.00Aug 14$9.100.531.5%7.63%9.13%217
$125.00Aug 21$9.000.474.8%7.55%12.40%1651.2K
$123.00Aug 7$7.950.493.2%6.67%9.84%121
$124.00Aug 7$7.450.474.0%6.25%10.26%111
$125.00Aug 7$7.350.464.8%6.17%11.01%935
$124.00Aug 14$7.250.484.0%6.08%10.09%27
$130.00Aug 21$7.250.419.0%6.08%15.12%2111.3K

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 12,444
Total Puts 16,072
Put/Call Ratio 1.29
Net Difference -3,628

Prior's Put/Call Breakdown

Total Calls 15,707
Total Puts 20,799
Put/Call Ratio 1.32
Net Difference -5,092

Prior 7-Day Put/Call Summary

Total Calls 116,013
Total Puts 114,832
Average Put/Call Ratio 0.98
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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