Tour v490
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SHOPIFY INC A
$123.30 +5.38%
$124.80 (+1.22%)🌙
as of 08/04 06:10 PM
8/4 18:10

Option Volume

Detail
Current (08/04) 97,074
Calls: 59,933 (62%)
Puts: 37,141 (38%)
Prior (08/03) 40,839
Calls: 18,646 (46%)
Puts: 22,193 (54%)
Current vs Prior +137.70%
Calls: +221.43% (Calls)
Puts: +67.35% (Puts)
Prior 7-Day Total 349,070
Calls: 226,759 (65%)
Puts: 122,311 (35%)
Prior 7-Day Average 49,867
Calls: 32,394 (65%)
Puts: 17,473 (35%)
Current vs Prior 7-Day Avg +94.67%
Calls: +85.01%
Puts: +112.56%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04) $48.87M
Calls: $33.14M (68%)
Puts: $15.73M (32%)
Prior (08/03) $23.11M
Calls: $12.82M (55%)
Puts: $10.29M (45%)
Current vs Prior +111.51%
Calls: +158.51%
Puts: +52.93%
Prior 7-Day Total $197.98M
Calls: $136.54M (69%)
Puts: $61.43M (31%)
Prior 7-Day Average $28.28M
Calls: $19.51M (69%)
Puts: $8.78M (31%)
Current vs Prior 7-Day Avg +72.80%
Calls: +69.90%
Puts: +79.24%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 0.62
Prior (08/03) 1.19
Current vs Prior -47.93%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg -35.12%
Sentiment BULLISH

Open Interest

Detail
Current (08/04) 587,431
Calls: 448,638 (76%)
Puts: 138,793 (24%)
Prior (08/03) 554,568
Calls: 435,131 (78%)
Puts: 119,437 (22%)
Current vs Prior +5.93%
Prior 7-Day Total 3,862,366
Calls: 2,945,285 (76%)
Puts: 917,081 (24%)
Prior 7-Day Average 551,766
Calls: 420,755 (76%)
Puts: 131,011 (24%)
Current vs Prior 7-Day Avg +6.46%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 13.87% | 14.61%15.43% | 21.26%
Prior 12.73% | 14.15%14.84% | 21.56%
Current vs Prior +8.91% | +3.27%+4.03% | -1.42%
Prior 7-Day Avg 7.38% | 14.07%16.17% | 22.12%
Current vs 7-Day Avg +87.86% | +3.90%-4.55% | -3.91%
Prior 7-Day Eod 12.73% | 14.15%14.84% | 21.56%
Current vs 7-Day Eod +8.91% | +3.27%+4.03% | -1.42%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Prior 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Current vs Prior -72.43% | -51.84%
Prior 7-Day Avg 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Current vs 7-Day Avg -72.43% | -51.84%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($33.14M). Massive premium surge with dollar volume up 112% vs prior. Dollar volume significantly above 7-day average (73% higher). Unusually high activity with volume up 138% vs prior - elevated interest.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 16 of results (avg 8.7%, best 6.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 72.522.70$2.616.9%3.0K0.242.0K
$123.00Aug 77.808.40$8.107.4%3030.53150
$125.00Aug 76.907.50$7.208.3%2.7K0.49857
$145.00Sep 184.655.10$4.889.2%1390.292.4K
$120.00Sep 1812.9014.15$13.539.2%7950.582.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 189.8510.65$10.257.8%1.4K0.411.7K
$120.00Aug 76.707.25$6.987.9%2.1K0.41913
$110.00Sep 185.756.25$6.008.3%2950.283.5K
$110.00Aug 72.853.10$2.988.4%8030.23448
$122.00Aug 218.609.40$9.008.9%410.4567

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.88, cheapest $0.82)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$99.00Aug 70.740.89$0.8218.3%1690.08191
$100.00Aug 70.870.99$0.9312.9%2.2K0.091.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 120 found (avg delta 0.64, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 721.8525.95$23.9017.2%170.91252
$100.00Aug 1422.4525.95$24.2014.5%430.90216
$104.00Aug 718.6522.50$20.5818.7%10.871
$100.00Aug 2122.9026.30$24.6013.8%30.87117
$100.00Aug 2823.7527.15$25.4513.4%90.85--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 2123.3526.20$24.7811.5%30.78--
$139.00Aug 717.7520.15$18.9512.7%100.75--
$143.00Aug 2822.3525.30$23.8312.4%100.73--
$140.00Aug 2119.3022.35$20.8314.6%30.72--
$139.00Aug 1418.1021.10$19.6015.3%150.711

Most actively traded options today. High liquidity = easy entry/exit. 333 active (total vol 61.1K, top 4.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$131.00Aug 215.156.80$5.9827.6%4.0K0.4050
$140.00Sep 185.006.15$5.5820.6%3.1K0.3347.8K
$140.00Aug 72.522.70$2.616.9%3.0K0.242.0K
$134.00Aug 214.105.60$4.8530.9%2.8K0.3559
$138.00Aug 212.805.05$3.9357.3%2.8K0.3051
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 74.455.00$4.7211.7%2.6K0.32804
$100.00Aug 70.870.99$0.9312.9%2.2K0.091.1K
$120.00Aug 76.707.25$6.987.9%2.1K0.41913
$120.00Sep 189.8510.65$10.257.8%1.4K0.411.7K
$105.00Aug 71.621.80$1.7110.5%1.2K0.151.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 81 strikes (avg 129.5%, max 179.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 7Sep 18190.4%68.2%179.0%1.9K2.6K
$115.00Aug 7Sep 18188.3%67.9%177.3%1181.8K
$140.00Aug 7Sep 18185.3%67.4%175.0%6.0K49.8K
$125.00Aug 7Sep 18188.4%69.7%170.3%2.9K3.3K
$130.00Aug 7Sep 18188.2%70.0%168.8%2.8K8.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 7Sep 18190.4%68.2%179.0%3.5K2.7K
$115.00Aug 7Sep 18188.3%67.9%177.3%2.7K2.1K
$125.00Aug 7Sep 18188.4%69.7%170.3%2233.3K
$132.00Aug 7Sep 11189.7%70.5%168.9%764
$130.00Aug 7Sep 18188.2%70.0%168.8%3912.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 228 found (best R:R 15.67, avg 2.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$142.00$144.00Aug 14$0.12$1.88$0.1215.67$142.12
$138.00$140.00Aug 28$0.15$1.85$0.1512.33$138.15
$140.00$143.00Sep 11$0.23$2.77$0.2312.04$140.23
$144.00$145.00Aug 7$0.12$0.88$0.127.33$144.12
$140.00$142.00Sep 4$0.25$1.75$0.257.00$140.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$99.00Aug 7$0.11$0.89$0.118.09$99.89
$100.00$99.00Aug 14$0.11$0.89$0.118.09$99.89
$104.00$103.00Aug 7$0.12$0.88$0.127.33$103.88
$104.00$103.00Aug 14$0.13$0.87$0.136.69$103.87
$109.00$108.00Aug 14$0.14$0.86$0.146.14$108.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 279 found (best R:R 9.00, avg 1.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$132.00$133.00Aug 21$0.90$0.90$0.109.00$132.90
$118.00$119.00Aug 21$0.86$0.86$0.146.14$118.86
$105.00$107.00Aug 28$1.72$1.72$0.286.14$106.72
$119.00$120.00Aug 14$0.85$0.85$0.155.67$119.85
$104.00$108.00Aug 7$3.38$3.38$0.625.45$107.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$125.00$124.00Aug 21$0.87$0.87$0.136.69$124.13
$115.00$114.00Aug 21$0.86$0.86$0.146.14$114.14
$116.00$115.00Aug 14$0.85$0.85$0.155.67$115.15
$122.00$121.00Aug 21$0.85$0.85$0.155.67$121.15
$123.00$122.00Sep 4$0.84$0.84$0.165.25$122.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $0.68, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$125.00Aug 7Aug 14$0.20188.4%106.4%
$138.00Aug 7Aug 14$0.28187.0%106.9%
$100.00Aug 7Aug 14$0.30183.6%108.3%
$120.00Aug 7Aug 14$0.33190.4%107.6%
$131.00Aug 7Aug 14$0.35187.6%107.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$122.00Aug 7Aug 14$0.10188.5%101.7%
$114.00Aug 7Aug 14$0.15188.2%102.9%
$119.00Aug 7Aug 14$0.30190.3%105.5%
$109.00Aug 7Aug 14$0.31188.5%106.3%
$99.00Aug 7Aug 14$0.34183.7%109.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 103 found (cheapest 13.22% of stock, avg 16.74%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$121.00Aug 7$9.10$7.20$16.30$104.70$137.3013.22%
$122.00Aug 7$8.60$7.90$16.50$105.50$138.5013.38%
$120.00Aug 7$9.55$6.98$16.53$103.47$136.5313.41%
$123.00Aug 7$8.10$8.43$16.53$106.47$139.5313.41%
$124.00Aug 7$7.65$9.00$16.65$107.35$140.6513.50%
$119.00Aug 7$10.23$6.50$16.73$102.27$135.7313.57%
$125.00Aug 7$7.20$9.53$16.73$108.27$141.7313.57%
$118.00Aug 7$10.83$5.95$16.78$101.22$134.7813.61%
$126.00Aug 7$6.82$10.15$16.97$109.03$142.9713.76%
$117.00Aug 7$11.43$5.58$17.01$99.99$134.0113.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 7.49% of stock, avg 13.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$145.00$105.00Sep 18$4.88$4.35$9.23$95.77$154.23
$140.00$105.00Sep 18$5.58$4.35$9.93$95.07$149.93
$145.00$110.00Sep 18$4.88$6.00$10.88$99.12$155.88
$140.00$110.00Sep 18$5.58$6.00$11.58$98.42$151.58
$135.00$105.00Sep 18$7.58$4.35$11.93$93.07$146.93
$129.00$120.00Aug 7$5.58$6.98$12.56$107.44$141.56
$145.00$115.00Sep 18$4.88$7.82$12.70$102.30$157.70
$129.00$121.00Aug 7$5.58$7.20$12.78$108.22$141.78
$145.00$118.00Sep 11$4.05$8.80$12.85$105.15$157.85
$128.00$120.00Aug 7$6.00$6.98$12.98$107.02$140.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 346 found (best R:R 37.46, avg credit $1.61)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
125/130135/140Sep 18$4.87$0.1337.46$125.13$139.87
110/111122/124Sep 11$1.87$0.1314.38$109.13$123.87
104/105107/110Aug 28$2.77$0.2312.04$102.23$109.77
120/122123/124Sep 4$1.83$0.1710.76$120.17$124.83
104/105118/119Aug 14$0.90$0.109.00$104.10$118.90
114/115120/121Sep 4$0.90$0.109.00$114.10$120.90
102/103109/110Aug 14$0.89$0.118.09$102.11$109.89
102/103115/116Aug 14$0.89$0.118.09$102.11$115.89
108/109118/119Aug 14$0.89$0.118.09$108.11$118.89
101/102117/118Aug 21$0.89$0.118.09$101.11$117.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 28.41, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$122.00$123.00$124.00Aug 7$0.05$0.9519.00
$115.00$116.00$117.00Aug 14$0.05$0.9519.00
$136.00$137.00$138.00Aug 21$0.05$0.9519.00
$110.00$115.00$120.00Sep 18$0.28$4.7216.86
$124.00$125.00$126.00Aug 7$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$110.00$115.00Sep 18$0.17$4.8328.41
$110.00$111.00$112.00Aug 7$0.06$0.9415.67
$104.00$105.00$106.00Aug 7$0.07$0.9313.29
$114.00$115.00$116.00Aug 14$0.07$0.9313.29
$103.00$104.00$105.00Aug 7$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. 19 found (best net $-1.31, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$140.001:2Sep 11-$1.31$8.69
$135.00$140.001:2Sep 4-$3.30$1.70
$135.00$140.001:2Sep 18-$3.58$1.42
$140.00$145.001:2Sep 18-$4.18$0.82
$142.00$145.001:2Aug 28-$2.51$0.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$143.00$131.001:2Aug 28-$6.17$5.83
$110.00$105.001:2Sep 4-$1.49$3.51
$105.00$100.001:2Sep 11-$1.85$3.15
$105.00$100.001:2Sep 18-$1.87$3.13
$110.00$105.001:2Sep 11-$2.25$2.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 104 found (best yield 7.99%, avg 3.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$125.00Sep 18$9.850.521.4%7.99%9.37%1972.4K
$124.00Sep 4$9.800.530.6%7.95%8.52%714
$124.00Sep 11$9.750.540.6%7.91%8.48%1--
$125.00Sep 11$9.100.521.4%7.38%8.76%832
$125.00Aug 28$8.600.511.4%6.97%8.35%19149
$125.00Sep 4$8.100.511.4%6.57%7.95%712
$130.00Sep 18$8.100.455.4%6.57%12.00%1102.9K
$125.00Aug 21$8.050.501.4%6.53%7.91%3921.9K
$126.00Sep 4$8.050.502.2%6.53%8.72%3--
$124.00Aug 21$7.750.520.6%6.29%6.85%51101

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 59,933
Total Puts 37,141
Put/Call Ratio 0.62
Net Difference 22,792

Prior's Put/Call Breakdown

Total Calls 18,646
Total Puts 22,193
Put/Call Ratio 1.19
Net Difference -3,547

Prior 7-Day Put/Call Summary

Total Calls 226,759
Total Puts 122,311
Average Put/Call Ratio 0.96
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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