Tour v492
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SHOPIFY INC A
$146.32 +18.67%
8/5 09:35

Option Volume

Detail
Current (08/05 9:35am) 22,065
Calls: 12,229 (55%)
Puts: 9,836 (45%)
Prior (07/21) 1,675
Calls: 744 (44%)
Puts: 931 (56%)
Current vs Prior +1217.31%
Calls: +1543.68% (Calls)
Puts: +956.50% (Puts)
Prior 7-Day Total 380,679
Calls: 256,234 (67%)
Puts: 124,445 (33%)
Prior 7-Day Average 126,893
Calls: 36,604 (67%)
Puts: 17,777 (33%)
Current vs Prior 7-Day Avg -82.61%
Calls: -66.59%
Puts: -44.67%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 9:35am) $18.93M
Calls: $12.20M (64%)
Puts: $6.74M (36%)
Prior (07/21) $623.5K
Calls: $402.5K (65%)
Puts: $221.0K (35%)
Current vs Prior +2936.77%
Calls: +2930.22%
Puts: +2948.70%
Prior 7-Day Total $113.09M
Calls: $52.20M (46%)
Puts: $60.88M (54%)
Prior 7-Day Average $37.70M
Calls: $7.46M (46%)
Puts: $8.70M (54%)
Current vs Prior 7-Day Avg -49.77%
Calls: +63.53%
Puts: -22.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 9:35am) 0.80
Prior (07/21) 1.25
Current vs Prior -35.72%
Prior 7-Day Average 0.55
Current vs Prior 7-Day Avg +45.39%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/05 9:35am) 824,777
Calls: 548,816 (67%)
Puts: 275,961 (33%)
Prior (07/21) 744,103
Calls: 510,779 (69%)
Puts: 233,324 (31%)
Current vs Prior +10.84%
Prior 7-Day Total 2,213,346
Calls: 1,432,901 (65%)
Puts: 780,445 (35%)
Prior 7-Day Average 737,782
Calls: 477,633 (65%)
Puts: 260,148 (35%)
Current vs Prior 7-Day Avg +11.79%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 6.21% | 8.91%11.67% | 17.32%
Prior 5.80% | 8.68%18.07% | 23.40%
Current vs Prior +7.02% | +2.57%-35.42% | -25.96%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -25.09% | -22.40%-30.12% | -22.76%
Prior 7-Day Eod 5.80% | 8.68%15.43% | 21.26%
Current vs 7-Day Eod +7.02% | +2.57%-24.37% | -18.50%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.58% | 43.10%
Calls: 18.16% | 38.62%
Puts: 25.00% | 47.58%
Prior 25.32% | 22.80%
Calls: 22.86% | 34.07%
Puts: 27.78% | 11.54%
Current vs Prior -14.77% | +89.04%
Prior 7-Day Avg 17.95% | 14.10%
Calls: 16.12% | 19.14%
Puts: 19.77% | 9.05%
Current vs 7-Day Avg +20.26% | +205.78%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($12.20M). Massive premium surge with dollar volume up 2937% vs prior. Unusually high activity with volume up 1217% vs prior - elevated interest. P/C ratio dropping 36% - 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 BULLISH
7-Day Avg BEARISH
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:05BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 18 of results (avg 8.3%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 1815.0015.75$15.384.9%1260.6347.9K
$120.00Sep 1828.3530.10$29.236.0%660.862.5K
$145.00Sep 1811.9512.75$12.356.5%2170.562.5K
$125.00Aug 721.0522.50$21.786.7%5030.972.5K
$150.00Sep 1810.1010.80$10.456.7%2090.495.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 2127.3530.20$28.789.9%--0.8720
$175.00Sep 1829.2032.25$30.739.9%--0.7817

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.37, cheapest $0.37)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 70.330.40$0.3718.9%1020.08253
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 166 found (avg delta 0.78, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 727.1030.70$28.9012.5%70.99169
$120.00Aug 725.5528.00$26.789.1%710.99566
$122.00Aug 723.6525.90$24.789.1%280.98364
$119.00Aug 726.2029.70$27.9512.5%60.98216
$125.00Aug 721.0522.50$21.786.7%5030.972.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 717.1520.15$18.6516.1%--0.9115
$170.00Aug 1422.0025.40$23.7014.3%--0.8894
$175.00Aug 2127.3530.20$28.789.9%--0.8720
$160.00Aug 712.9015.45$14.1818.0%180.86--
$165.00Aug 1417.4020.70$19.0517.3%--0.84109

Most actively traded options today. High liquidity = easy entry/exit. 225 active (total vol 11.9K, top 2.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 70.660.82$0.7421.6%2.0K0.142.0K
$150.00Aug 72.503.00$2.7518.2%1.5K0.403.9K
$155.00Aug 71.211.57$1.3925.9%7380.24684
$135.00Aug 2114.0015.50$14.7510.2%6920.776.2K
$125.00Aug 721.0522.50$21.786.7%5030.972.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 181.902.48$2.1926.5%930.141.7K
$120.00Aug 210.350.79$0.5777.2%790.065.3K
$128.00Aug 70.000.57$0.28203.6%760.0581
$125.00Aug 70.050.30$0.18138.9%710.03579
$137.00Aug 70.891.36$1.1341.6%530.17--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 75 strikes (avg 78.0%, max 231.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11197.3%59.5%231.5%29280
$123.00Aug 7Sep 11178.1%57.0%212.6%41335
$124.00Aug 7Sep 11145.6%55.9%160.4%50201
$129.00Aug 7Aug 28144.8%64.0%126.1%25152
$127.00Aug 7Sep 4127.6%60.3%111.6%39283
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11197.3%59.5%231.5%5375
$123.00Aug 7Sep 4178.1%61.2%191.0%12221
$119.00Aug 7Sep 4138.4%60.3%129.7%4238
$124.00Aug 7Aug 28145.6%66.0%120.4%3357
$127.00Aug 7Sep 4127.6%60.3%111.6%3528

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 143 found (best R:R 18.23, avg 2.98)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$165.00$167.50Aug 7$0.13$2.37$0.1318.23$165.13
$165.00$170.00Aug 14$0.27$4.73$0.2717.52$165.27
$165.00$170.00Aug 21$0.30$4.70$0.3015.67$165.30
$162.50$165.00Aug 7$0.18$2.32$0.1812.89$162.68
$160.00$162.50Aug 7$0.19$2.31$0.1912.16$160.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$140.00$138.00Aug 28$0.12$1.88$0.1215.67$139.88
$133.00$130.00Aug 14$0.19$2.81$0.1914.79$132.81
$131.00$130.00Aug 28$0.11$0.89$0.118.09$130.89
$119.00$118.00Aug 7$0.12$0.88$0.127.33$118.88
$127.00$126.00Aug 14$0.14$0.86$0.146.14$126.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 207 found (best R:R 13.29, avg 1.96)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$118.00$119.00Aug 14$0.90$0.90$0.109.00$118.90
$119.00$120.00Aug 28$0.90$0.90$0.109.00$119.90
$122.00$124.00Sep 4$1.80$1.80$0.209.00$123.80
$127.00$128.00Sep 4$0.90$0.90$0.109.00$127.90
$128.00$130.00Sep 4$1.80$1.80$0.209.00$129.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$170.00$165.00Aug 14$4.65$4.65$0.3513.29$165.35
$175.00$170.00Aug 21$4.61$4.61$0.3911.82$170.39
$165.00$160.00Aug 7$4.47$4.47$0.538.43$160.53
$160.00$157.50Aug 7$2.20$2.20$0.307.33$157.80
$148.00$147.00Aug 14$0.87$0.87$0.136.69$147.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 72 found (avg debit $1.28, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$120.00Aug 7Aug 14$0.07118.9%91.0%
$118.00Aug 7Aug 14$0.30111.8%101.0%
$124.00Aug 7Aug 14$0.33145.6%68.0%
$119.00Aug 7Aug 14$0.35138.4%107.2%
$122.00Aug 7Aug 14$0.35117.3%81.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$124.00Aug 7Aug 14$0.05145.6%68.0%
$121.00Aug 7Aug 14$0.09197.3%101.6%
$123.00Aug 7Aug 14$0.26178.1%92.1%
$125.00Aug 7Aug 14$0.29113.6%70.3%
$165.00Aug 7Aug 14$0.40101.2%71.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 119 found (cheapest 5.86% of stock, avg 14.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$146.00Aug 7$4.68$3.90$8.58$137.42$154.585.86%
$147.00Aug 7$4.20$4.40$8.60$138.40$155.605.88%
$145.00Aug 7$5.20$3.43$8.63$136.37$153.635.90%
$148.00Aug 7$3.63$5.03$8.66$139.34$156.665.92%
$144.00Aug 7$5.68$3.09$8.77$135.23$152.775.99%
$149.00Aug 7$3.20$5.60$8.80$140.20$157.806.01%
$150.00Aug 7$2.75$6.23$8.98$141.02$158.986.14%
$143.00Aug 7$6.32$2.70$9.02$133.98$152.026.16%
$142.00Aug 7$6.98$2.36$9.34$132.66$151.346.38%
$152.50Aug 7$1.94$7.83$9.77$142.73$162.276.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 2.76% of stock, avg 6.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$160.00$139.00Aug 14$1.88$2.16$4.04$134.96$164.04
$155.00$143.00Aug 7$1.39$2.70$4.09$138.91$159.09
$170.00$132.00Aug 21$2.09$2.17$4.26$127.74$174.26
$155.00$144.00Aug 7$1.39$3.09$4.48$139.52$159.48
$165.00$132.00Aug 21$2.39$2.17$4.56$127.44$169.56
$175.00$118.00Sep 11$2.88$1.68$4.56$113.44$179.56
$152.50$143.00Aug 7$1.94$2.70$4.64$138.36$157.14
$155.00$145.00Aug 7$1.39$3.43$4.82$140.18$159.82
$170.00$135.00Aug 21$2.09$2.72$4.81$130.19$174.81
$170.00$120.00Sep 4$3.26$1.58$4.84$115.16$174.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 69 found (best R:R 19.00, avg credit $3.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
155/160165/170Sep 18$4.75$0.2519.00$155.25$169.75
118/120125/130Sep 11$4.67$0.3314.15$115.33$129.67
130/135140/145Sep 18$4.64$0.3612.89$130.36$144.64
121/122135/136Sep 4$0.89$0.118.09$121.11$135.89
125/130140/145Sep 18$4.45$0.558.09$125.55$144.45
121/122125/127Sep 4$1.75$0.257.00$120.25$126.75
125/130135/140Sep 18$4.37$0.636.94$125.63$139.37
145/150155/160Sep 18$4.35$0.656.69$145.65$159.35
120/125130/135Sep 18$4.31$0.696.25$120.69$134.31
118/119125/126Aug 7$0.85$0.155.67$118.15$125.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Sep 18$0.06$4.9482.33
$145.00$150.00$155.00Sep 4$0.07$4.9370.43
$162.50$165.00$167.50Aug 7$0.05$2.4549.00
$120.00$125.00$130.00Sep 18$0.11$4.8944.45
$167.50$170.00$172.50Aug 7$0.08$2.4230.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$152.50$155.00$157.50Aug 14$0.07$2.4334.71
$125.00$130.00$135.00Sep 18$0.19$4.8125.32
$160.00$165.00$170.00Sep 18$0.24$4.7619.83
$165.00$170.00$175.00Sep 18$0.26$4.7418.23
$148.00$149.00$150.00Aug 7$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. 90 found (best net $-0.03, 79 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$175.001:2Sep 11-$0.03$14.97
$170.00$175.001:2Aug 21-$0.23$4.77
$165.00$170.001:2Aug 28-$0.59$4.41
$155.00$160.001:2Aug 14-$0.60$4.40
$165.00$170.001:2Aug 14-$0.96$4.04
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Aug 21-$0.09$14.91
$130.00$125.001:2Aug 28-$1.05$3.95
$145.00$140.001:2Aug 14-$1.21$3.79
$140.00$135.001:2Aug 21-$1.26$3.74
$125.00$120.001:2Sep 18-$1.33$3.67

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 6.90%, avg 2.23%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$10.100.492.5%6.90%9.42%2095.4K
$155.00Sep 18$7.700.435.9%5.26%11.19%81.3K
$150.00Sep 4$7.650.492.5%5.23%7.74%37162
$150.00Aug 28$6.750.492.5%4.61%7.13%8346
$160.00Sep 18$6.450.379.3%4.41%13.76%16183.8K
$155.00Sep 11$6.100.425.9%4.17%10.10%--14
$155.00Sep 4$5.650.415.9%3.86%9.79%--68
$150.00Aug 21$5.600.462.5%3.83%6.34%2144.2K
$147.00Aug 14$5.300.540.5%3.62%4.09%111
$165.00Sep 18$4.850.3312.8%3.31%16.08%13898

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 12,229
Total Puts 9,836
Put/Call Ratio 0.80
Net Difference 2,393

Prior's Put/Call Breakdown

Total Calls 744
Total Puts 931
Put/Call Ratio 1.25
Net Difference -187

Prior 7-Day Put/Call Summary

Total Calls 256,234
Total Puts 124,445
Average Put/Call Ratio 0.55
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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