Tour v490
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SHOPIFY INC A
$121.30 +3.67%
8/4 14:08

Option Volume

Detail
Current (08/04 2:05pm) 41,360
Calls: 25,114 (61%)
Puts: 16,246 (39%)
Prior (07/21) 5,480
Calls: 3,545 (65%)
Puts: 1,935 (35%)
Current vs Prior +654.74%
Calls: +608.43% (Calls)
Puts: +739.59% (Puts)
Prior 7-Day Total 357,862
Calls: 243,042 (68%)
Puts: 114,820 (32%)
Prior 7-Day Average 51,123
Calls: 34,720 (68%)
Puts: 16,402 (32%)
Current vs Prior 7-Day Avg -19.10%
Calls: -27.67%
Puts: -0.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04 2:05pm) $20.20M
Calls: $12.99M (64%)
Puts: $7.22M (36%)
Prior (07/21) $1.87M
Calls: $1.29M (69%)
Puts: $576.9K (31%)
Current vs Prior +979.72%
Calls: +903.54%
Puts: +1150.66%
Prior 7-Day Total $99.06M
Calls: $43.51M (44%)
Puts: $55.54M (56%)
Prior 7-Day Average $14.15M
Calls: $6.22M (44%)
Puts: $7.93M (56%)
Current vs Prior 7-Day Avg +42.77%
Calls: +108.95%
Puts: -9.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04 2:05pm) 0.65
Prior (07/21) 0.55
Current vs Prior +18.51%
Prior 7-Day Average 0.61
Current vs Prior 7-Day Avg +5.73%
Sentiment BULLISH

Open Interest

Detail
Current (08/04 2:05pm) 771,161
Calls: 515,999 (67%)
Puts: 255,162 (33%)
Prior (07/21) 744,103
Calls: 510,779 (69%)
Puts: 233,324 (31%)
Current vs Prior +3.64%
Prior 7-Day Total 5,162,700
Calls: 3,470,797 (67%)
Puts: 1,691,903 (33%)
Prior 7-Day Average 737,528
Calls: 495,828 (67%)
Puts: 241,700 (33%)
Current vs Prior 7-Day Avg +4.56%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 12.90% | 14.53%15.33% | 21.46%
Prior 6.15% | 11.21%18.07% | 23.40%
Current vs Prior +109.73% | +29.62%-15.16% | -8.29%
Prior 7-Day Avg 5.95% | 9.28%18.09% | 23.39%
Current vs 7-Day Avg +116.87% | +56.61%-15.22% | -8.27%
Prior 7-Day Eod 6.15% | 11.21%14.84% | 21.56%
Current vs 7-Day Eod +109.73% | +29.62%+3.35% | -0.48%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Prior 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs Prior -33.96% | +103.71%
Prior 7-Day Avg 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs 7-Day Avg -33.96% | +103.71%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($12.99M). Massive premium surge with dollar volume up 980% vs prior. Unusually high activity with volume up 655% vs prior - elevated interest. Bullish P/C ratio of 0.65.

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 BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBEARISHBEARISH

📈 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 125 of results (avg 6.8%, best 2.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 74.154.30$4.223.6%1.7K0.365.2K
$120.00Aug 78.008.30$8.153.7%7100.56442
$140.00Sep 185.305.50$5.403.7%1.2K0.3247.8K
$121.00Aug 77.557.85$7.703.9%1350.54133
$120.00Sep 1812.3512.85$12.604.0%7570.562.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 1810.6510.95$10.802.8%1.2K0.431.7K
$115.00Sep 188.258.50$8.383.0%190.371.3K
$132.00Aug 2115.4515.95$15.703.2%--0.65170
$121.00Aug 77.357.60$7.483.3%2680.4678
$135.00Sep 1819.4520.20$19.833.8%70.62970

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.92, cheapest $0.92)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 70.900.94$0.924.3%1.2K0.101.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 135 found (avg delta 0.65, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$98.00Aug 722.9025.55$24.2310.9%20.91--
$100.00Aug 720.0524.25$22.1519.0%160.90252
$100.00Aug 1421.5023.75$22.639.9%220.87216
$103.00Aug 717.9520.85$19.4014.9%--0.8610
$100.00Aug 2121.9023.80$22.858.3%20.86117
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 1424.4027.50$25.9511.9%--0.8345
$145.00Aug 2124.5527.95$26.2513.0%30.8041
$145.00Aug 2825.6527.85$26.758.2%--0.7923
$143.00Aug 2824.0525.85$24.957.2%100.78--
$139.00Aug 1420.0021.65$20.837.9%150.761

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 23.5K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 74.154.30$4.223.6%1.7K0.365.2K
$125.00Aug 75.806.05$5.934.2%1.3K0.45857
$140.00Aug 71.781.90$1.846.5%1.2K0.192.0K
$140.00Sep 185.305.50$5.403.7%1.2K0.3247.8K
$120.00Sep 1812.3512.85$12.604.0%7570.562.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 70.900.94$0.924.3%1.2K0.101.1K
$120.00Sep 1810.6510.95$10.802.8%1.2K0.431.7K
$120.00Aug 76.707.10$6.905.8%6050.44913
$102.00Aug 71.151.30$1.2312.2%4620.1265
$100.00Aug 211.741.85$1.806.1%4620.143.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 80 strikes (avg 115.7%, max 152.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$115.00Aug 7Sep 18171.9%68.0%152.7%481.8K
$120.00Aug 7Sep 18169.2%67.6%150.4%1.5K2.6K
$110.00Aug 7Sep 18170.9%68.8%148.4%40730
$117.00Aug 7Sep 11172.7%69.8%147.5%137173
$105.00Aug 7Sep 18170.9%69.1%147.3%2939
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$115.00Aug 7Sep 18171.9%68.0%152.7%4302.1K
$120.00Aug 7Sep 18169.2%67.6%150.4%1.8K2.7K
$110.00Aug 7Sep 18170.9%68.8%148.4%3393.9K
$117.00Aug 7Sep 11172.7%69.8%147.5%72482
$105.00Aug 7Sep 18170.9%69.1%147.3%3983.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 268 found (best R:R 9.00, avg 2.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$141.00$142.00Aug 7$0.11$0.89$0.118.09$141.11
$143.00$144.00Aug 7$0.12$0.88$0.127.33$143.12
$119.00$120.00Aug 14$0.12$0.88$0.127.33$119.12
$118.00$119.00Aug 28$0.12$0.88$0.127.33$118.12
$136.00$137.00Aug 14$0.13$0.87$0.136.69$136.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$99.00Aug 7$0.10$0.90$0.109.00$99.90
$102.00$101.00Aug 14$0.11$0.89$0.118.09$101.89
$102.00$101.00Aug 7$0.15$0.85$0.155.67$101.85
$104.00$103.00Aug 7$0.15$0.85$0.155.67$103.85
$101.00$100.00Aug 7$0.16$0.84$0.165.25$100.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 320 found (best R:R 19.00, avg 1.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$106.00$108.00Aug 7$1.90$1.90$0.1019.00$107.90
$105.00$107.00Aug 21$1.85$1.85$0.1512.33$106.85
$100.00$103.00Aug 7$2.75$2.75$0.2511.00$102.75
$122.00$123.00Sep 4$0.88$0.88$0.127.33$122.88
$100.00$104.00Aug 28$3.35$3.35$0.655.15$103.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$145.00$143.00Aug 28$1.80$1.80$0.209.00$143.20
$134.00$133.00Aug 14$0.88$0.88$0.127.33$133.12
$145.00$139.00Aug 14$5.12$5.12$0.885.82$139.88
$145.00$140.00Sep 18$4.20$4.20$0.805.25$140.80
$131.00$130.00Aug 28$0.83$0.83$0.174.88$130.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 80 found (avg debit $0.79, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Aug 7Aug 14$0.48170.7%106.8%
$109.00Aug 7Aug 14$0.50171.8%107.9%
$144.00Aug 7Aug 14$0.55166.2%103.5%
$116.00Aug 7Aug 14$0.57171.1%107.5%
$145.00Aug 7Aug 14$0.57167.2%104.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Aug 14Aug 21$0.30104.7%87.5%
$98.00Aug 7Aug 14$0.40172.7%107.4%
$99.00Aug 7Aug 14$0.40171.6%106.1%
$129.00Aug 14Aug 21$0.43104.8%86.8%
$100.00Aug 7Aug 14$0.48170.7%106.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 128 found (cheapest 12.41% of stock, avg 16.48%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$120.00Aug 7$8.15$6.90$15.05$104.95$135.0512.41%
$123.00Aug 7$6.68$8.43$15.11$107.89$138.1112.46%
$119.00Aug 7$8.63$6.50$15.13$103.87$134.1312.47%
$121.00Aug 7$7.70$7.48$15.18$105.82$136.1812.51%
$118.00Aug 7$9.20$6.03$15.23$102.77$133.2312.56%
$122.00Aug 7$7.28$7.95$15.23$106.77$137.2312.56%
$117.00Aug 7$9.68$5.63$15.31$101.69$132.3112.62%
$116.00Aug 7$10.28$5.13$15.41$100.59$131.4112.70%
$124.00Aug 7$6.28$9.20$15.48$108.52$139.4812.76%
$125.00Aug 7$5.93$9.73$15.66$109.34$140.6612.91%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 164 found (cheapest 7.38% of stock, avg 13.17%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$145.00$105.00Sep 18$4.30$4.65$8.95$96.05$153.95
$140.00$105.00Sep 18$5.40$4.65$10.05$94.95$150.05
$145.00$110.00Sep 18$4.30$6.38$10.68$99.32$155.68
$127.00$118.00Aug 7$5.07$6.03$11.10$106.90$138.10
$135.00$105.00Sep 18$6.75$4.65$11.40$93.60$146.40
$126.00$118.00Aug 7$5.50$6.03$11.53$106.47$137.53
$127.00$119.00Aug 7$5.07$6.50$11.57$107.43$138.57
$140.00$110.00Sep 18$5.40$6.38$11.78$98.22$151.78
$125.00$118.00Aug 7$5.93$6.03$11.96$106.04$136.96
$127.00$120.00Aug 7$5.07$6.90$11.97$108.03$138.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 298 found (best R:R 10.76, avg credit $1.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
109/110111/113Aug 21$1.83$0.1710.76$108.17$112.83
112/114117/118Aug 28$1.83$0.1710.76$112.17$118.83
107/108111/113Aug 21$1.80$0.209.00$106.20$112.80
100/105110/115Sep 18$4.48$0.528.62$100.52$114.48
101/102113/114Aug 14$0.89$0.118.09$101.11$113.89
105/106114/115Aug 14$0.89$0.118.09$105.11$114.89
113/114124/125Sep 4$0.89$0.118.09$113.11$124.89
125/130135/140Sep 18$4.44$0.567.93$125.56$139.44
105/106107/110Aug 28$2.65$0.357.57$103.35$109.65
130/135140/145Sep 18$4.41$0.597.47$130.59$144.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 116 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$115.00$120.00$125.00Sep 18$0.13$4.8737.46
$125.00$130.00$135.00Sep 18$0.17$4.8328.41
$115.00$116.00$117.00Aug 7$0.05$0.9519.00
$120.00$121.00$122.00Aug 21$0.05$0.9519.00
$135.00$140.00$145.00Sep 18$0.25$4.7519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Sep 11$0.11$4.8944.45
$115.00$120.00$125.00Sep 18$0.21$4.7922.81
$125.00$130.00$135.00Sep 18$0.22$4.7821.73
$123.00$124.00$125.00Aug 14$0.05$0.9519.00
$118.00$119.00$120.00Aug 28$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-3.37, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$115.001:2Sep 4-$3.37$11.63
$130.00$140.001:2Sep 11-$2.03$7.97
$140.00$145.001:2Sep 11-$2.63$2.37
$140.00$145.001:2Sep 18-$3.20$1.80
$142.00$145.001:2Aug 28-$1.43$1.57
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Sep 11-$1.41$3.59
$105.00$100.001:2Sep 18-$1.95$3.05
$110.00$105.001:2Sep 4-$2.16$2.84
$104.00$100.001:2Aug 28-$1.33$2.67
$104.00$100.001:2Sep 4-$1.70$2.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 116 found (best yield 8.41%, avg 3.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$122.00Sep 11$10.200.530.6%8.41%8.99%8--
$125.00Sep 18$10.100.503.0%8.33%11.38%842.4K
$122.00Sep 4$10.000.530.6%8.24%8.82%617
$122.00Aug 28$9.250.530.6%7.63%8.20%343
$123.00Sep 4$9.100.511.4%7.50%8.90%41
$123.00Aug 28$8.750.511.4%7.21%8.62%228
$124.00Sep 4$8.400.502.2%6.92%9.15%--14
$125.00Sep 11$8.400.493.0%6.92%9.98%732
$130.00Sep 18$8.200.447.2%6.76%13.93%452.9K
$122.00Aug 21$8.150.520.6%6.72%7.30%7011

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 25,114
Total Puts 16,246
Put/Call Ratio 0.65
Net Difference 8,868

Prior's Put/Call Breakdown

Total Calls 3,545
Total Puts 1,935
Put/Call Ratio 0.55
Net Difference 1,610

Prior 7-Day Put/Call Summary

Total Calls 243,042
Total Puts 114,820
Average Put/Call Ratio 0.61
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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