Tour v492
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SHOPIFY INC A
$145.50 +18.00%
8/5 09:45

Option Volume

Detail
Current (08/05 9:45am) 45,393
Calls: 27,718 (61%)
Puts: 17,675 (39%)
Prior (07/21) 3,873
Calls: 2,687 (69%)
Puts: 1,186 (31%)
Current vs Prior +1072.04%
Calls: +931.56% (Calls)
Puts: +1390.30% (Puts)
Prior 7-Day Total 438,075
Calls: 290,233 (66%)
Puts: 147,842 (34%)
Prior 7-Day Average 87,615
Calls: 41,461 (66%)
Puts: 21,120 (34%)
Current vs Prior 7-Day Avg -48.19%
Calls: -33.15%
Puts: -16.31%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 9:45am) $37.50M
Calls: $26.68M (71%)
Puts: $10.82M (29%)
Prior (07/21) $1.24M
Calls: $949.3K (76%)
Puts: $295.6K (24%)
Current vs Prior +2911.98%
Calls: +2709.96%
Puts: +3560.89%
Prior 7-Day Total $159.93M
Calls: $83.92M (52%)
Puts: $76.01M (48%)
Prior 7-Day Average $31.99M
Calls: $11.99M (52%)
Puts: $10.86M (48%)
Current vs Prior 7-Day Avg +17.23%
Calls: +122.52%
Puts: -0.35%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 9:45am) 0.64
Prior (07/21) 0.44
Current vs Prior +44.47%
Prior 7-Day Average 0.62
Current vs Prior 7-Day Avg +3.29%
Sentiment BULLISH

Open Interest

Detail
Current (08/05 9:45am) 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 3,862,900
Calls: 2,530,533 (66%)
Puts: 1,332,367 (34%)
Prior 7-Day Average 772,580
Calls: 506,106 (66%)
Puts: 266,473 (34%)
Current vs Prior 7-Day Avg +6.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.84% | 8.89%11.88% | 17.46%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -54.72% | -38.86%-22.55% | -18.62%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -29.48% | -22.57%-28.90% | -22.14%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -54.72% | -38.86%-23.05% | -17.84%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.06% | 22.77%
Calls: 9.52% | 13.22%
Puts: 18.60% | 32.31%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +101.43% | +107.38%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg -1.61% | +74.39%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($26.68M). Massive premium surge with dollar volume up 2912% vs prior. Unusually high activity with volume up 1072% vs prior - elevated interest. Bullish P/C ratio of 0.64.

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 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
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
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 25 of results (avg 8.7%, best 5.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 187.658.10$7.885.7%250.411.3K
$150.00Aug 215.105.40$5.255.7%5160.424.2K
$120.00Aug 724.7026.20$25.455.9%1040.99566
$117.00Aug 728.1029.95$29.036.4%1320.99298
$126.00Aug 2120.1521.75$20.957.6%70.8721
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1812.8514.00$13.438.6%780.52406
$170.00Sep 1826.8529.50$28.189.4%--0.7590
$165.00Aug 718.7020.55$19.639.4%--0.9315
$130.00Sep 184.454.90$4.689.6%710.252.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.33, cheapest $0.15)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 70.140.16$0.1513.3%6340.031.9K
$165.00Aug 70.250.30$0.2817.9%6140.06253
$160.00Aug 70.500.60$0.5518.2%2.8K0.112.0K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 174 found (avg delta 0.78, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 725.9529.00$27.4811.1%90.99169
$120.00Aug 724.7026.20$25.455.9%1040.99566
$117.00Aug 728.1029.95$29.036.4%1320.99298
$122.00Aug 722.0024.40$23.2010.3%1000.98364
$125.00Aug 719.7521.40$20.588.0%2.0K0.982.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 718.7020.55$19.639.4%--0.9315
$170.00Aug 1423.6026.70$25.1512.3%--0.9394
$160.00Aug 713.8516.00$14.9314.4%180.89--
$165.00Aug 1419.0022.00$20.5014.6%--0.89109
$170.00Aug 2124.3027.20$25.7511.3%--0.8710

Most actively traded options today. High liquidity = easy entry/exit. 280 active (total vol 27.6K, top 3.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 72.082.28$2.189.2%3.4K0.343.9K
$160.00Aug 70.500.60$0.5518.2%2.8K0.112.0K
$130.00Aug 715.0516.50$15.789.2%2.0K0.956.1K
$125.00Aug 719.7521.40$20.588.0%2.0K0.982.5K
$155.00Aug 71.001.10$1.059.5%1.3K0.19684
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 71.631.95$1.7917.9%7450.282
$135.00Aug 70.660.84$0.7524.0%2400.1449
$145.00Aug 73.454.30$3.8821.9%1690.473
$146.00Aug 73.904.70$4.3018.6%1570.52--
$143.00Aug 72.753.30$3.0318.2%1220.40--

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 66.0%, max 210.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$124.00Aug 7Sep 11164.3%52.9%210.7%69201
$126.00Aug 7Sep 4138.6%58.8%135.8%51397
$121.00Aug 7Sep 11124.9%55.5%125.2%51280
$123.00Aug 7Sep 11112.1%53.1%111.2%67335
$119.00Aug 7Aug 28134.5%67.2%100.0%6350
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$124.00Aug 7Aug 28164.3%63.6%158.4%5357
$121.00Aug 7Sep 11124.9%55.5%125.2%8375
$126.00Aug 7Aug 21138.6%64.2%115.7%1263
$119.00Aug 7Sep 4134.5%67.1%100.5%9238
$123.00Aug 7Sep 4112.1%57.9%93.7%17221

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 157 found (best R:R 21.73, avg 2.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$162.50$165.00Aug 7$0.11$2.39$0.1121.73$162.61
$170.00$172.50Aug 14$0.11$2.39$0.1121.73$170.11
$165.00$170.00Aug 14$0.28$4.72$0.2816.86$165.28
$160.00$162.50Aug 7$0.16$2.34$0.1614.62$160.16
$157.50$160.00Aug 7$0.18$2.32$0.1812.89$157.68
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$134.00$133.00Aug 7$0.11$0.89$0.118.09$133.89
$121.00$120.00Aug 7$0.12$0.88$0.127.33$120.88
$145.00$144.00Aug 14$0.12$0.88$0.127.33$144.88
$118.00$117.00Aug 28$0.12$0.88$0.127.33$117.88
$119.00$118.00Aug 7$0.13$0.87$0.136.69$118.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 237 found (best R:R 15.67, avg 1.99)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$121.00$122.00Aug 14$0.90$0.90$0.109.00$121.90
$125.00$130.00Sep 18$4.45$4.45$0.558.09$129.45
$144.00$145.00Aug 21$0.88$0.88$0.127.33$144.88
$127.00$128.00Aug 28$0.88$0.88$0.127.33$127.88
$133.00$135.00Aug 28$1.75$1.75$0.257.00$134.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$160.00Aug 7$4.70$4.70$0.3015.67$160.30
$170.00$165.00Aug 14$4.65$4.65$0.3513.29$165.35
$160.00$157.50Aug 7$2.28$2.28$0.2210.36$157.72
$157.50$155.00Aug 7$2.20$2.20$0.307.33$155.30
$146.00$145.00Aug 14$0.85$0.85$0.155.67$145.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 77 found (avg debit $1.25, cheapest $0.23)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$119.00Aug 7Aug 14$0.23134.5%103.2%
$123.00Aug 7Aug 14$0.25112.1%70.8%
$127.00Aug 7Aug 14$0.27105.0%68.2%
$126.00Aug 7Aug 14$0.30138.6%67.2%
$118.00Aug 7Aug 14$0.32107.4%78.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$118.00Aug 7Aug 14$0.27107.4%78.1%
$123.00Aug 7Aug 14$0.30112.1%70.8%
$122.00Aug 7Aug 14$0.45111.1%77.2%
$125.00Aug 7Aug 14$0.4897.8%70.5%
$127.00Aug 7Aug 14$0.48105.0%68.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 140 found (cheapest 5.48% of stock, avg 13.38%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$146.00Aug 7$3.68$4.30$7.98$138.02$153.985.48%
$145.00Aug 7$4.20$3.88$8.08$136.92$153.085.55%
$144.00Aug 7$4.78$3.43$8.21$135.79$152.215.64%
$147.00Aug 7$3.35$4.97$8.32$138.68$155.325.72%
$142.00Aug 7$5.93$2.47$8.40$133.60$150.405.77%
$148.00Aug 7$2.89$5.53$8.42$139.58$156.425.79%
$143.00Aug 7$5.43$3.03$8.46$134.54$151.465.81%
$149.00Aug 7$2.52$6.15$8.67$140.33$157.675.96%
$141.00Aug 7$6.68$2.19$8.87$132.13$149.876.10%
$140.00Aug 7$7.20$1.79$8.99$131.01$148.996.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 3.00% of stock, avg 6.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$150.00$141.00Aug 7$2.18$2.19$4.37$136.63$154.37
$170.00$123.00Sep 4$2.67$1.93$4.60$118.40$174.60
$170.00$122.00Sep 4$2.67$1.97$4.64$117.36$174.64
$150.00$142.00Aug 7$2.18$2.47$4.65$137.35$154.65
$170.00$119.00Sep 4$2.67$2.03$4.70$114.30$174.70
$149.00$141.00Aug 7$2.52$2.19$4.71$136.29$153.71
$149.00$142.00Aug 7$2.52$2.47$4.99$137.01$153.99
$148.00$141.00Aug 7$2.89$2.19$5.08$135.92$153.08
$150.00$143.00Aug 7$2.18$3.03$5.21$137.79$155.21
$148.00$142.00Aug 7$2.89$2.47$5.36$136.64$153.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 63 found (best R:R 32.33, avg credit $2.97)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
135/140145/150Sep 18$4.85$0.1532.33$135.15$149.85
121/122128/130Sep 4$1.90$0.1019.00$120.10$129.90
135/140150/155Sep 18$4.55$0.4510.11$135.45$154.55
125/130135/140Sep 18$4.47$0.538.43$125.53$139.47
140/145150/155Sep 18$4.45$0.558.09$140.55$154.45
123/125127/128Sep 4$1.75$0.257.00$123.25$128.75
150/155165/170Sep 18$4.37$0.636.94$150.63$169.37
118/119125/126Aug 7$0.86$0.146.14$118.14$125.86
118/120124/125Sep 11$1.72$0.286.14$118.28$125.72
135/140155/160Sep 18$4.28$0.725.94$135.72$159.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 123 found (best R:R 54.56, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$162.50$165.00Aug 7$0.05$2.4549.00
$160.00$165.00$170.00Aug 28$0.10$4.9049.00
$160.00$165.00$170.00Sep 4$0.10$4.9049.00
$155.00$160.00$165.00Sep 18$0.10$4.9049.00
$162.50$165.00$167.50Aug 7$0.07$2.4334.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$145.00$150.00$155.00Aug 21$0.09$4.9154.56
$150.00$152.50$155.00Aug 7$0.05$2.4549.00
$155.00$157.50$160.00Aug 7$0.08$2.4230.25
$160.00$165.00$170.00Sep 18$0.23$4.7720.74
$124.00$125.00$126.00Aug 14$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. 93 found (best net $-0.45, 85 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$155.001:2Sep 11-$0.75$14.25
$165.00$170.001:2Aug 14-$0.35$4.65
$165.00$170.001:2Aug 21-$0.63$4.37
$160.00$165.001:2Aug 21-$0.69$4.31
$165.00$170.001:2Aug 28-$0.96$4.04
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Aug 21-$0.45$14.55
$165.00$150.001:2Aug 28-$0.71$14.29
$130.00$125.001:2Aug 28-$0.76$4.24
$125.00$120.001:2Sep 18-$1.54$3.46
$130.00$125.001:2Sep 18-$1.72$3.28

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 6.36%, avg 2.09%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$9.250.483.1%6.36%9.45%3615.4K
$155.00Sep 18$7.650.416.5%5.26%11.79%251.3K
$150.00Sep 4$7.350.463.1%5.05%8.14%49162
$155.00Sep 11$6.400.396.5%4.40%10.93%614
$160.00Sep 18$6.000.3510.0%4.12%14.09%39683.8K
$150.00Aug 28$5.750.443.1%3.95%7.04%9346
$146.00Aug 14$5.400.520.3%3.71%4.05%2184
$150.00Aug 21$5.100.423.1%3.51%6.60%5164.2K
$147.00Aug 14$4.700.491.0%3.23%4.26%141
$155.00Sep 4$4.650.376.5%3.20%9.73%168

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 27,718
Total Puts 17,675
Put/Call Ratio 0.64
Net Difference 10,043

Prior's Put/Call Breakdown

Total Calls 2,687
Total Puts 1,186
Put/Call Ratio 0.44
Net Difference 1,501

Prior 7-Day Put/Call Summary

Total Calls 290,233
Total Puts 147,842
Average Put/Call Ratio 0.62
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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