Tour v381
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SHOPIFY INC A
$123.03 -1.16%
$122.95 (-0.07%)🌙
as of 07/21 07:02 PM
◀ 7/21 19:02 ▶

Option Volume

Detail
ℹ
Current (07/21) 28,522
Calls: 14,568 (51%)
Puts: 13,954 (49%)
Prior (07/20) 117,709
Calls: 109,760 (93%)
Puts: 7,949 (7%)
Current vs Prior -75.77%
Calls: -86.73% (Calls)
Puts: +75.54% (Puts)
Prior 7-Day Total 363,484
Calls: 243,876 (67%)
Puts: 119,608 (33%)
Prior 7-Day Average 51,926
Calls: 34,839 (67%)
Puts: 17,086 (33%)
Current vs Prior 7-Day Avg -45.07%
Calls: -58.19%
Puts: -18.33%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/21) $12.02M
Calls: $8.16M (68%)
Puts: $3.86M (32%)
Prior (07/20) $199.91M
Calls: $196.87M (98%)
Puts: $3.03M (2%)
Current vs Prior -93.99%
Calls: -95.85%
Puts: +27.29%
Prior 7-Day Total $295.43M
Calls: $250.91M (85%)
Puts: $44.52M (15%)
Prior 7-Day Average $42.20M
Calls: $35.84M (85%)
Puts: $6.36M (15%)
Current vs Prior 7-Day Avg -71.51%
Calls: -77.22%
Puts: -39.31%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/21) 0.96
Prior (07/20) 0.07
Current vs Prior +1222.61%
Prior 7-Day Average 0.68
Current vs Prior 7-Day Avg +41.32%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/21) 479,894
Calls: 380,058 (79%)
Puts: 99,836 (21%)
Prior (07/20) 537,064
Calls: 422,258 (79%)
Puts: 114,806 (21%)
Current vs Prior -10.64%
Prior 7-Day Total 3,745,857
Calls: 2,765,987 (74%)
Puts: 979,870 (26%)
Prior 7-Day Average 535,122
Calls: 395,141 (74%)
Puts: 139,981 (26%)
Current vs Prior 7-Day Avg -10.32%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.18% | 8.13%17.66% | 23.77%
Prior 5.91% | 8.38%18.24% | 23.24%
Current vs Prior -12.43% | -2.99%-3.14% | +2.30%
Prior 7-Day Avg 5.25% | 8.44%6.18% | 20.64%
Current vs 7-Day Avg -1.42% | -3.71%+185.89% | +15.19%
Prior 7-Day Eod 5.91% | 8.38%18.24% | 23.24%
Current vs 7-Day Eod -12.43% | -2.99%-3.14% | +2.30%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Prior 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs Prior +139.55% | +323.01%
Prior 7-Day Avg 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs 7-Day Avg +139.55% | +323.01%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($8.16M). Light premium activity with dollar volume down 94% vs prior. Below-average activity with volume down 76% vs prior. P/C ratio rising 1223% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
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 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 46 of results (avg 7.2%, best 3.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Aug 216.056.30$6.184.0%360.375.8K
$122.00Jul 243.453.60$3.534.2%280.5777
$124.00Jul 242.422.54$2.484.8%420.46115
$126.00Jul 241.681.77$1.735.2%1.1K0.361.5K
$120.00Aug 2112.1012.75$12.435.2%330.58735
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$122.00Jul 242.372.45$2.413.3%330.43147
$125.00Jul 243.954.10$4.033.7%1380.59194
$121.00Jul 241.942.02$1.984.0%580.382.9K
$124.00Jul 243.353.50$3.434.4%200.54104
$123.00Jul 242.802.93$2.874.5%1000.4971

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.74, cheapest $0.52)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Jul 240.760.85$0.8111.1%5590.204.5K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 240.480.57$0.5217.3%2.0K0.131.8K
$117.00Jul 240.800.95$0.8817.0%1760.2099

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 2421.5024.85$23.1814.5%2260.98234
$105.00Jul 2416.1519.85$18.0020.6%240.9755
$100.00Jul 3121.6524.45$23.0512.1%2270.969
$101.00Jul 2420.1523.85$22.0016.8%20.96--
$110.00Jul 2411.8514.60$13.2320.8%40.9670
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$144.00Jul 2419.7022.95$21.3315.2%11.00--
$131.00Jul 247.859.35$8.6017.4%140.83--
$135.00Jul 3111.7014.25$12.9819.6%10.82--
$130.00Jul 247.109.65$8.3830.4%10.8021
$128.00Jul 245.756.20$5.987.5%30.7312

Most actively traded options today. High liquidity = easy entry/exit. 293 active (total vol 20.1K, top 2.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$126.00Jul 241.681.77$1.735.2%1.1K0.361.5K
$145.00Jul 240.000.09$0.05180.0%5810.01408
$130.00Jul 240.760.85$0.8111.1%5590.204.5K
$144.00Jul 240.030.06$0.0560.0%5520.0164
$146.00Jul 240.000.62$0.31200.0%4300.0651
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 240.000.20$0.10200.0%2.1K0.031.9K
$115.00Jul 240.480.57$0.5217.3%2.0K0.131.8K
$100.00Jul 310.100.32$0.21104.8%9280.04269
$108.00Jul 240.010.25$0.13184.6%4600.04185
$115.00Jul 311.642.17$1.9027.9%4330.241.1K

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 31.1%, max 75.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$146.00Jul 24Jul 31117.9%67.1%75.6%432172
$147.00Jul 24Jul 31111.6%68.0%64.3%3828
$100.00Jul 24Aug 28114.5%72.2%58.6%227234
$143.00Jul 24Jul 31104.8%66.1%58.4%848
$139.00Jul 24Jul 3195.6%63.3%51.0%36118
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$99.00Jul 24Jul 31133.1%80.8%64.7%311.3K
$103.00Jul 24Jul 31119.5%75.1%59.1%131155
$100.00Jul 24Aug 28114.5%72.2%58.6%1128
$102.00Jul 24Aug 7136.7%88.4%54.5%85101
$104.00Jul 24Aug 28110.2%75.9%45.2%329426

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 155 found (best R:R 10.76, avg 2.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$123.00$124.00Aug 21$0.10$0.90$0.109.00$123.10
$146.00$147.00Jul 24$0.11$0.89$0.118.09$146.11
$141.00$142.00Jul 31$0.11$0.89$0.118.09$141.11
$132.00$133.00Jul 24$0.12$0.88$0.127.33$132.12
$123.00$124.00Aug 7$0.12$0.88$0.127.33$123.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$117.00$115.00Aug 21$0.17$1.83$0.1710.76$116.83
$107.00$106.00Jul 24$0.10$0.90$0.109.00$106.90
$115.00$114.00Jul 24$0.11$0.89$0.118.09$114.89
$113.00$110.00Aug 14$0.33$2.67$0.338.09$112.67
$105.00$104.00Jul 31$0.12$0.88$0.127.33$104.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 193 found (best R:R 47.15, avg 1.58)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$105.00$110.00Jul 24$4.77$4.77$0.2320.74$109.77
$104.00$105.00Jul 31$0.90$0.90$0.109.00$104.90
$103.00$104.00Jul 31$0.89$0.89$0.118.09$103.89
$125.00$126.00Aug 21$0.85$0.85$0.155.67$125.85
$122.00$123.00Aug 7$0.83$0.83$0.174.88$122.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$144.00$131.00Jul 24$12.73$12.73$0.2747.15$131.27
$121.00$120.00Aug 28$0.83$0.83$0.174.88$120.17
$128.00$127.00Jul 31$0.82$0.82$0.184.56$127.18
$118.00$117.00Aug 7$0.82$0.82$0.184.56$117.18
$135.00$130.00Jul 31$3.98$3.98$1.023.90$131.02

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $1.44, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$146.00Jul 24Jul 31$0.08117.9%67.1%
$147.00Jul 24Jul 31$0.16111.6%68.0%
$145.00Jul 24Jul 31$0.2382.6%60.4%
$101.00Jul 24Jul 31$0.25128.6%102.6%
$143.00Jul 24Jul 31$0.28104.8%66.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Jul 24Jul 31$0.12114.5%71.8%
$99.00Jul 24Jul 31$0.14133.1%80.8%
$103.00Jul 24Jul 31$0.23119.5%75.1%
$104.00Jul 24Jul 31$0.23110.2%70.4%
$107.00Jul 24Jul 31$0.4196.5%67.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 94 found (cheapest 4.72% of stock, avg 13.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$123.00Jul 24$2.94$2.87$5.81$117.19$128.814.72%
$124.00Jul 24$2.48$3.43$5.91$118.09$129.914.80%
$122.00Jul 24$3.53$2.41$5.94$116.06$127.944.83%
$121.00Jul 24$4.13$1.98$6.11$114.89$127.114.97%
$125.00Jul 24$2.08$4.03$6.11$118.89$131.114.97%
$126.00Jul 24$1.73$4.55$6.28$119.72$132.285.10%
$120.00Jul 24$4.72$1.63$6.35$113.65$126.355.16%
$119.00Jul 24$5.38$1.31$6.69$112.31$125.695.44%
$127.00Jul 24$1.42$5.32$6.74$120.26$133.745.48%
$128.00Jul 24$1.19$5.98$7.17$120.83$135.175.83%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 134 found (cheapest 2.03% of stock, avg 9.81%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$128.00$119.00Jul 24$1.19$1.31$2.50$116.50$130.50
$127.00$119.00Jul 24$1.42$1.31$2.73$116.27$129.73
$128.00$120.00Jul 24$1.19$1.63$2.82$117.18$130.82
$126.00$119.00Jul 24$1.73$1.31$3.04$115.96$129.04
$127.00$120.00Jul 24$1.42$1.63$3.05$116.95$130.05
$128.00$121.00Jul 24$1.19$1.98$3.17$117.83$131.17
$126.00$120.00Jul 24$1.73$1.63$3.36$116.64$129.36
$125.00$119.00Jul 24$2.08$1.31$3.39$115.61$128.39
$127.00$121.00Jul 24$1.42$1.98$3.40$117.60$130.40
$128.00$122.00Jul 24$1.19$2.41$3.60$118.40$131.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 160 found (best R:R 29.00, avg credit $1.92)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
117/120122/123Aug 21$2.90$0.1029.00$117.10$124.90
100/105110/115Aug 21$4.75$0.2519.00$100.25$114.75
120/122125/126Aug 21$1.83$0.1710.76$120.17$126.83
110/111115/117Aug 21$1.80$0.209.00$109.20$116.80
100/101117/118Jul 24$0.89$0.118.09$100.11$117.89
101/102117/118Jul 24$0.89$0.118.09$101.11$117.89
112/113115/117Aug 21$1.78$0.228.09$111.22$116.78
113/118129/134Aug 14$4.42$0.587.62$113.58$133.42
101/102107/108Aug 7$0.88$0.127.33$101.12$107.88
112/113119/120Aug 21$0.88$0.127.33$112.12$119.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$132.00$133.00$134.00Jul 24$0.05$0.9519.00
$123.00$124.00$125.00Aug 21$0.05$0.9519.00
$123.00$124.00$125.00Jul 24$0.06$0.9415.67
$130.00$131.00$132.00Jul 24$0.06$0.9415.67
$101.00$102.00$103.00Jul 31$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$114.00$115.00$116.00Jul 24$0.05$0.9519.00
$124.00$125.00$126.00Aug 21$0.05$0.9519.00
$112.00$113.00$114.00Jul 24$0.06$0.9415.67
$110.00$111.00$112.00Jul 24$0.07$0.9313.29
$105.00$106.00$107.00Jul 24$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-1.05, 78 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$119.001:2Aug 28-$1.05$17.95
$140.00$145.001:2Aug 7-$1.28$3.72
$140.00$145.001:2Aug 14-$2.47$2.53
$136.00$140.001:2Aug 7-$1.68$2.32
$140.00$145.001:2Aug 21-$2.80$2.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Aug 21-$0.52$4.48
$104.00$100.001:2Aug 14-$1.16$2.84
$104.00$100.001:2Aug 28-$1.28$2.72
$118.00$113.001:2Aug 14-$2.45$2.55
$115.00$110.001:2Aug 28-$2.80$2.20

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 74 found (best yield 8.21%, avg 2.78%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$125.00Aug 28$10.100.521.6%8.21%9.81%190
$125.00Aug 21$9.800.511.6%7.97%9.57%911.5K
$124.00Aug 21$9.300.520.8%7.56%8.35%1--
$124.00Aug 14$8.800.520.8%7.15%7.94%636
$125.00Aug 14$8.500.501.6%6.91%8.51%2147
$126.00Aug 21$8.100.492.4%6.58%9.00%2--
$124.00Aug 7$7.750.510.8%6.30%7.09%10669
$127.00Aug 21$7.700.473.2%6.26%9.49%2--
$125.00Aug 7$7.500.501.6%6.10%7.70%169180
$126.00Aug 7$7.500.482.4%6.10%8.51%17679

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 14,568
Total Puts 13,954
Put/Call Ratio 0.96
Net Difference 614

Prior's Put/Call Breakdown

Total Calls 109,760
Total Puts 7,949
Put/Call Ratio 0.07
Net Difference 101,811

Prior 7-Day Put/Call Summary

Total Calls 243,876
Total Puts 119,608
Average Put/Call Ratio 0.68
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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