Tour v423
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SHOPIFY INC A
$126.88 +11.54%
$127.10 (+0.17%)🌙
as of 07/27 07:05 PM
◀ 7/27 19:05 ▶

Option Volume

Detail
ℹ
Current (07/27) 48,101
Calls: 26,913 (56%)
Puts: 21,188 (44%)
Prior (07/24) 22,047
Calls: 9,082 (41%)
Puts: 12,965 (59%)
Current vs Prior +118.17%
Calls: +196.33% (Calls)
Puts: +63.42% (Puts)
Prior 7-Day Total 343,480
Calls: 226,619 (66%)
Puts: 116,861 (34%)
Prior 7-Day Average 49,068
Calls: 32,374 (66%)
Puts: 16,694 (34%)
Current vs Prior 7-Day Avg -1.97%
Calls: -16.87%
Puts: +26.92%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/27) $25.83M
Calls: $16.96M (66%)
Puts: $8.87M (34%)
Prior (07/24) $10.53M
Calls: $3.46M (33%)
Puts: $7.07M (67%)
Current vs Prior +145.30%
Calls: +390.31%
Puts: +25.42%
Prior 7-Day Total $291.64M
Calls: $244.80M (84%)
Puts: $46.84M (16%)
Prior 7-Day Average $41.66M
Calls: $34.97M (84%)
Puts: $6.69M (16%)
Current vs Prior 7-Day Avg -37.99%
Calls: -51.49%
Puts: +32.56%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/27) 0.79
Prior (07/24) 1.43
Current vs Prior -44.85%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg -7.94%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/27) 601,061
Calls: 455,229 (76%)
Puts: 145,832 (24%)
Prior (07/24) 460,071
Calls: 344,352 (75%)
Puts: 115,719 (25%)
Current vs Prior +30.65%
Prior 7-Day Total 3,582,100
Calls: 2,753,833 (77%)
Puts: 828,267 (23%)
Prior 7-Day Average 511,728
Calls: 393,404 (77%)
Puts: 118,323 (23%)
Current vs Prior 7-Day Avg +17.46%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 5.99% | 14.15%16.54% | 22.88%
Prior 6.88% | 15.09%17.26% | 23.00%
Current vs Prior -12.98% | -6.28%-4.18% | -0.51%
Prior 7-Day Avg 4.97% | 9.03%13.21% | 22.39%
Current vs 7-Day Avg +20.57% | +56.61%+25.22% | +2.18%
Prior 7-Day Eod 6.88% | 15.09%17.26% | 23.00%
Current vs 7-Day Eod -12.98% | -6.28%-4.18% | -0.51%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Prior 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 19.00% | 15.34%
Calls: 17.08% | 21.28%
Puts: 20.91% | 9.41%
Current vs 7-Day Avg +33.27% | +48.64%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($16.96M). Massive premium surge with dollar volume up 145% vs prior. Unusually high activity with volume up 118% vs prior - elevated interest. P/C ratio dropping 45% - 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 BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 32 of results (avg 7.6%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Aug 75.305.50$5.403.7%2570.39279
$125.00Aug 2111.3511.90$11.634.7%8380.571.5K
$130.00Aug 218.809.35$9.076.1%3100.502.0K
$150.00Aug 213.053.25$3.156.3%7470.233.6K
$140.00Aug 73.754.00$3.886.4%4080.31786
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 148.408.80$8.604.7%350.4486
$125.00Aug 77.558.05$7.806.4%940.43191
$128.00Aug 79.109.75$9.436.9%160.498
$120.00Aug 75.405.80$5.607.1%1180.34842
$126.00Aug 78.008.60$8.307.2%190.45119

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.52, cheapest $0.22)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Jul 310.931.00$0.977.2%5660.20736
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$112.00Jul 310.200.24$0.2218.2%600.0595
$113.00Jul 310.250.29$0.2714.8%540.06199
$114.00Jul 310.300.36$0.3318.2%700.07443
$115.00Jul 310.390.47$0.4318.6%1890.091.2K
$117.00Jul 310.580.70$0.6418.8%1310.13110

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 123 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$102.00Jul 3122.8026.30$24.5514.3%10.97--
$103.00Jul 3121.8525.35$23.6014.8%10.97--
$105.00Jul 3120.2523.35$21.8014.2%50.97--
$106.00Jul 3118.8522.35$20.6017.0%10.97--
$108.00Jul 3117.3020.55$18.9317.2%110.97--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Jul 3117.4520.35$18.9015.3%111.00--
$146.00Jul 3117.6021.30$19.4519.0%11.00--
$150.00Jul 3121.6024.85$23.2314.0%31.00--
$144.00Jul 3115.8519.35$17.6019.9%10.94--
$150.00Aug 723.6027.00$25.3013.4%100.83--

Most actively traded options today. High liquidity = easy entry/exit. 316 active (total vol 31.8K, top 3.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Jul 314.304.95$4.6314.0%1.7K0.60544
$130.00Jul 312.172.38$2.289.2%1.4K0.38782
$125.00Aug 2111.3511.90$11.634.7%8380.571.5K
$140.00Aug 215.155.60$5.388.4%8080.352.0K
$150.00Aug 213.053.25$3.156.3%7470.233.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 216.857.60$7.2310.4%3.1K0.352.3K
$104.00Jul 310.040.20$0.12133.3%2.7K0.025.5K
$109.00Jul 310.060.26$0.16125.0%2.7K0.042.8K
$110.00Jul 310.130.16$0.1520.0%4410.04634
$103.00Jul 310.030.30$0.16168.8%3130.0397

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 13.0%, max 43.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$109.00Aug 7Aug 14107.1%89.1%20.2%249
$111.00Jul 31Aug 2192.0%80.5%14.3%85
$114.00Jul 31Sep 473.5%68.9%6.6%9159
$120.00Jul 31Sep 471.0%67.4%5.4%474477
$126.00Jul 31Sep 473.4%70.3%4.3%261181
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$104.00Jul 31Sep 499.4%69.3%43.5%2.7K5.5K
$102.00Jul 31Aug 21111.7%83.1%34.4%23214
$105.00Jul 31Sep 499.6%75.0%32.8%199750
$106.00Jul 31Sep 495.4%72.4%31.8%83154
$103.00Jul 31Aug 21109.2%83.1%31.4%31597

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 188 found (best R:R 11.50, avg 2.19)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$126.00$127.00Aug 7$0.12$0.88$0.127.33$126.12
$137.00$138.00Jul 31$0.13$0.87$0.136.69$137.13
$121.00$122.00Aug 14$0.15$0.85$0.155.67$121.15
$140.00$145.00Aug 14$0.77$4.23$0.775.49$140.77
$133.00$134.00Jul 31$0.18$0.82$0.184.56$133.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$106.00$104.00Aug 14$0.16$1.84$0.1611.50$105.84
$116.00$115.00Jul 31$0.12$0.88$0.127.33$115.88
$110.00$109.00Aug 7$0.12$0.88$0.127.33$109.88
$107.00$106.00Aug 14$0.12$0.88$0.127.33$106.88
$120.00$119.00Jul 31$0.13$0.87$0.136.69$119.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 238 found (best R:R 17.18, avg 1.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$103.00$105.00Jul 31$1.80$1.80$0.209.00$104.80
$113.00$114.00Jul 31$0.90$0.90$0.109.00$113.90
$149.00$150.00Jul 31$0.87$0.87$0.136.69$149.87
$114.00$115.00Aug 7$0.87$0.87$0.136.69$114.87
$119.00$120.00Aug 28$0.87$0.87$0.136.69$119.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$150.00$146.00Jul 31$3.78$3.78$0.2217.18$146.22
$135.00$133.00Jul 31$1.85$1.85$0.1512.33$133.15
$144.00$135.00Jul 31$8.17$8.17$0.839.84$135.83
$125.00$124.00Sep 4$0.88$0.88$0.127.33$124.12
$105.00$104.00Sep 4$0.87$0.87$0.136.69$104.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 66 found (avg debit $3.78, cheapest $0.58)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$109.00Aug 7Aug 14$0.58107.1%89.1%
$108.00Jul 31Aug 7$1.6286.5%105.1%
$150.00Jul 31Aug 7$1.7867.0%95.2%
$110.00Jul 31Aug 7$2.2377.8%105.0%
$111.00Jul 31Aug 7$2.4292.0%107.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$102.00Jul 31Aug 7$1.19111.7%109.6%
$104.00Jul 31Aug 7$1.3499.4%105.2%
$103.00Jul 31Aug 7$1.35109.2%110.0%
$105.00Jul 31Aug 7$1.6299.6%108.4%
$136.00Aug 7Aug 21$1.6395.1%78.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 5.56% of stock, avg 14.70%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$127.00Jul 31$3.50$3.55$7.05$119.95$134.055.56%
$128.00Jul 31$3.03$4.28$7.31$120.69$135.315.76%
$125.00Jul 31$4.63$2.76$7.39$117.61$132.395.82%
$129.00Jul 31$2.51$4.93$7.44$121.56$136.445.86%
$126.00Jul 31$4.05$3.40$7.45$118.55$133.455.87%
$130.00Jul 31$2.28$5.40$7.68$122.32$137.686.05%
$124.00Jul 31$5.32$2.42$7.74$116.26$131.746.10%
$123.00Jul 31$5.90$2.06$7.96$115.04$130.966.27%
$131.00Jul 31$1.93$6.08$8.01$122.99$139.016.31%
$122.00Jul 31$6.58$1.73$8.31$113.69$130.316.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 149 found (cheapest 2.94% of stock, avg 11.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$132.00$123.00Jul 31$1.67$2.06$3.73$119.27$135.73
$131.00$123.00Jul 31$1.93$2.06$3.99$119.01$134.99
$132.00$124.00Jul 31$1.67$2.42$4.09$119.91$136.09
$130.00$123.00Jul 31$2.28$2.06$4.34$118.66$134.34
$131.00$124.00Jul 31$1.93$2.42$4.35$119.65$135.35
$132.00$125.00Jul 31$1.67$2.76$4.43$120.57$136.43
$129.00$123.00Jul 31$2.51$2.06$4.57$118.43$133.57
$130.00$124.00Jul 31$2.28$2.42$4.70$119.30$134.70
$131.00$125.00Jul 31$1.93$2.76$4.69$120.31$135.69
$129.00$124.00Jul 31$2.51$2.42$4.93$119.07$133.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 220 found (best R:R 19.00, avg credit $1.53)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
116/117118/120Aug 21$1.90$0.1019.00$115.10$119.90
102/103110/113Aug 14$2.83$0.1716.65$100.17$112.83
112/113120/122Aug 21$1.85$0.1512.33$111.15$121.85
106/107120/122Aug 21$1.84$0.1611.50$105.16$121.84
108/109110/111Aug 7$0.90$0.109.00$108.10$110.90
116/117120/121Aug 14$0.90$0.109.00$116.10$120.90
115/120130/135Sep 4$4.50$0.509.00$115.50$134.50
102/103116/117Aug 7$0.89$0.118.09$102.11$116.89
107/108115/116Aug 7$0.89$0.118.09$107.11$115.89
102/103113/114Aug 14$0.89$0.118.09$102.11$113.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 100 found (best R:R 54.56, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$140.00$145.00$150.00Aug 28$0.09$4.9154.56
$140.00$145.00$150.00Aug 7$0.19$4.8125.32
$146.00$147.00$148.00Jul 31$0.05$0.9519.00
$113.00$114.00$115.00Jul 31$0.07$0.9313.29
$137.00$138.00$139.00Jul 31$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$116.00$117.00$118.00Jul 31$0.06$0.9415.67
$114.00$115.00$116.00Aug 14$0.07$0.9313.29
$103.00$104.00$105.00Jul 31$0.08$0.9211.50
$120.00$121.00$122.00Jul 31$0.08$0.9211.50
$127.00$128.00$129.00Aug 7$0.09$0.9110.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-2.70, 55 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$145.00$150.001:2Aug 7-$0.87$4.13
$145.00$150.001:2Aug 14-$1.21$3.79
$140.00$145.001:2Aug 7-$1.62$3.38
$145.00$150.001:2Aug 21-$2.02$2.98
$145.00$150.001:2Aug 28-$2.46$2.54
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$136.001:2Aug 7-$2.70$11.30
$144.00$135.001:2Jul 31-$1.26$7.74
$135.00$125.001:2Aug 28-$4.60$5.40
$140.00$130.001:2Aug 14-$4.70$5.30
$115.00$110.001:2Sep 4-$3.36$1.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 7.84%, avg 3.96%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$127.00Aug 21$9.950.540.1%7.84%7.94%9319
$127.00Aug 28$9.700.540.1%7.65%7.74%39
$128.00Aug 28$9.300.520.9%7.33%8.21%14
$130.00Sep 4$9.150.502.5%7.21%9.67%35--
$129.00Aug 28$9.050.511.7%7.13%8.80%225
$130.00Aug 28$9.050.502.5%7.13%9.59%2385
$127.00Aug 14$9.000.530.1%7.09%7.19%612
$129.00Aug 21$8.800.511.7%6.94%8.61%2424
$130.00Aug 21$8.800.502.5%6.94%9.39%3102.0K
$128.00Aug 21$8.700.530.9%6.86%7.74%7414

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 26,913
Total Puts 21,188
Put/Call Ratio 0.79
Net Difference 5,725

Prior's Put/Call Breakdown

Total Calls 9,082
Total Puts 12,965
Put/Call Ratio 1.43
Net Difference -3,883

Prior 7-Day Put/Call Summary

Total Calls 226,619
Total Puts 116,861
Average Put/Call Ratio 0.86
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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