Tour v492
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SHOPIFY INC A
$145.44 +17.96%
8/5 09:55

Option Volume

Detail
Current (08/05 9:55am) 58,203
Calls: 36,497 (63%)
Puts: 21,706 (37%)
Prior (07/21) 5,168
Calls: 3,374 (65%)
Puts: 1,794 (35%)
Current vs Prior +1026.22%
Calls: +981.71% (Calls)
Puts: +1109.92% (Puts)
Prior 7-Day Total 536,832
Calls: 351,141 (65%)
Puts: 185,691 (35%)
Prior 7-Day Average 76,690
Calls: 50,163 (65%)
Puts: 26,527 (35%)
Current vs Prior 7-Day Avg -24.11%
Calls: -27.24%
Puts: -18.17%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 9:55am) $45.75M
Calls: $33.00M (72%)
Puts: $12.75M (28%)
Prior (07/21) $1.77M
Calls: $1.21M (68%)
Puts: $563.6K (32%)
Current vs Prior +2479.12%
Calls: +2626.90%
Puts: +2161.83%
Prior 7-Day Total $239.03M
Calls: $140.24M (59%)
Puts: $98.79M (41%)
Prior 7-Day Average $34.15M
Calls: $20.03M (59%)
Puts: $14.11M (41%)
Current vs Prior 7-Day Avg +33.97%
Calls: +64.72%
Puts: -9.67%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 9:55am) 0.59
Prior (07/21) 0.53
Current vs Prior +11.85%
Prior 7-Day Average 0.62
Current vs Prior 7-Day Avg -3.91%
Sentiment BULLISH

Open Interest

Detail
Current (08/05 9:55am) 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 5,512,454
Calls: 3,628,165 (66%)
Puts: 1,884,289 (34%)
Prior 7-Day Average 787,493
Calls: 518,309 (66%)
Puts: 269,184 (34%)
Current vs Prior 7-Day Avg +4.73%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.95% | 8.37%11.88% | 17.42%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -53.90% | -42.38%-22.52% | -18.84%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -28.21% | -27.03%-28.87% | -22.35%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -53.90% | -42.38%-23.02% | -18.07%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 15.03% | 21.86%
Calls: 12.73% | 19.05%
Puts: 17.32% | 24.66%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +115.33% | +99.09%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg +5.18% | +67.42%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($33.00M). Massive premium surge with dollar volume up 2479% vs prior. Unusually high activity with volume up 1026% vs prior - elevated interest. Bullish P/C ratio of 0.59.

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
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
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 39 of results (avg 8.1%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 720.1521.20$20.675.1%2.0K0.982.5K
$145.00Sep 1811.4512.15$11.805.9%2820.542.5K
$130.00Sep 1820.0521.30$20.686.0%1290.752.9K
$140.00Sep 1813.9014.85$14.386.6%3460.6147.9K
$130.00Aug 715.2516.30$15.786.7%2.0K0.946.1K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 188.058.45$8.254.8%380.39489
$135.00Sep 186.006.50$6.258.0%680.32963
$170.00Sep 1826.3528.90$27.639.2%--0.7590

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.54, cheapest $0.54)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 70.500.58$0.5414.8%3.1K0.112.0K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 177 found (avg delta 0.78, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 726.4028.85$27.638.9%300.99169
$120.00Aug 724.6526.50$25.587.2%1220.99566
$117.00Aug 727.0029.80$28.409.9%1330.99298
$119.00Aug 725.4027.85$26.639.2%60.98216
$125.00Aug 720.1521.20$20.675.1%2.0K0.982.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 718.5521.35$19.9514.0%--0.9415
$170.00Aug 1423.6026.55$25.0811.8%--0.9194
$160.00Aug 714.0016.25$15.1314.9%580.89--
$170.00Aug 2124.1026.85$25.4810.8%--0.8810
$165.00Aug 1419.0021.95$20.4814.4%--0.87109

Most actively traded options today. High liquidity = easy entry/exit. 296 active (total vol 35.2K, top 4.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 72.132.30$2.227.7%4.5K0.343.9K
$160.00Aug 70.500.58$0.5414.8%3.1K0.112.0K
$130.00Aug 715.2516.30$15.786.7%2.0K0.946.1K
$125.00Aug 720.1521.20$20.675.1%2.0K0.982.5K
$155.00Aug 71.031.20$1.1215.2%1.4K0.20684
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 71.661.89$1.7812.9%9140.282
$135.00Aug 70.620.86$0.7432.4%3100.1449
$130.00Aug 211.581.97$1.7821.9%2890.17320
$125.00Aug 70.050.11$0.0875.0%2590.02579
$120.00Aug 70.010.08$0.05140.0%2290.012.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 82 strikes (avg 60.5%, max 129.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11122.1%53.2%129.4%63280
$123.00Aug 7Sep 11109.8%51.4%113.7%75335
$120.00Aug 7Sep 18107.9%55.8%93.4%2423.0K
$117.00Aug 7Sep 4124.9%65.1%91.8%134304
$127.00Aug 7Sep 4114.3%60.5%88.9%74283
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11122.1%53.2%129.4%9375
$120.00Aug 7Sep 18107.9%55.8%93.4%3654.2K
$127.00Aug 7Sep 4114.3%60.5%88.9%8528
$123.00Aug 7Sep 4109.8%58.7%87.2%17221
$122.00Aug 7Sep 4112.7%60.9%85.0%31195

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 170 found (best R:R 14.15, avg 2.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$165.00$170.00Aug 14$0.33$4.67$0.3314.15$165.33
$160.00$162.50Aug 7$0.18$2.32$0.1812.89$160.18
$167.50$170.00Aug 7$0.18$2.32$0.1812.89$167.68
$157.50$160.00Aug 7$0.23$2.27$0.239.87$157.73
$165.00$170.00Aug 21$0.54$4.46$0.548.26$165.54
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$130.00$129.00Aug 7$0.10$0.90$0.109.00$129.90
$134.00$133.00Aug 7$0.10$0.90$0.109.00$133.90
$118.00$117.00Aug 21$0.10$0.90$0.109.00$117.90
$126.00$125.00Aug 21$0.11$0.89$0.118.09$125.89
$118.00$117.00Aug 28$0.11$0.89$0.118.09$117.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 254 found (best R:R 26.78, avg 1.97)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$117.00$120.00Sep 4$2.80$2.80$0.2014.00$119.80
$128.00$129.00Aug 7$0.90$0.90$0.109.00$128.90
$119.00$120.00Aug 28$0.90$0.90$0.109.00$119.90
$120.00$121.00Aug 7$0.88$0.88$0.127.33$120.88
$138.00$139.00Aug 14$0.88$0.88$0.127.33$138.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$160.00Aug 7$4.82$4.82$0.1826.78$160.18
$160.00$157.50Aug 14$2.35$2.35$0.1515.67$157.65
$170.00$165.00Aug 14$4.60$4.60$0.4011.50$165.40
$160.00$157.50Aug 7$2.25$2.25$0.259.00$157.75
$165.00$160.00Aug 14$4.40$4.40$0.607.33$160.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 82 found (avg debit $1.13, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$121.00Aug 7Aug 14$0.10122.1%80.6%
$120.00Aug 7Aug 14$0.17107.9%78.7%
$127.00Aug 7Aug 14$0.18114.3%67.2%
$118.00Aug 7Aug 14$0.20108.1%76.5%
$126.00Aug 7Aug 14$0.21101.5%66.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$118.00Aug 7Aug 14$0.25108.1%76.5%
$123.00Aug 7Aug 14$0.33109.8%70.7%
$127.00Aug 7Aug 14$0.36114.3%67.2%
$125.00Aug 7Aug 14$0.3795.1%65.3%
$120.00Aug 7Aug 14$0.40107.9%78.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 150 found (cheapest 5.57% of stock, avg 13.32%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$144.00Aug 7$4.80$3.30$8.10$135.90$152.105.57%
$143.00Aug 7$5.33$2.82$8.15$134.85$151.155.60%
$145.00Aug 7$4.32$3.83$8.15$136.85$153.155.60%
$146.00Aug 7$3.83$4.33$8.16$137.84$154.165.61%
$147.00Aug 7$3.38$4.78$8.16$138.84$155.165.61%
$148.00Aug 7$2.89$5.45$8.34$139.66$156.345.73%
$142.00Aug 7$6.00$2.45$8.45$133.55$150.455.81%
$149.00Aug 7$2.55$6.05$8.60$140.40$157.605.91%
$141.00Aug 7$6.65$2.13$8.78$132.22$149.786.04%
$150.00Aug 7$2.22$6.68$8.90$141.10$158.906.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 2.99% of stock, avg 6.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$150.00$141.00Aug 7$2.22$2.13$4.35$136.65$154.35
$170.00$123.00Sep 4$2.55$1.93$4.48$118.52$174.48
$150.00$142.00Aug 7$2.22$2.45$4.67$137.33$154.67
$149.00$141.00Aug 7$2.55$2.13$4.68$136.32$153.68
$170.00$125.00Sep 4$2.55$2.26$4.81$120.19$174.81
$149.00$142.00Aug 7$2.55$2.45$5.00$137.00$154.00
$148.00$141.00Aug 7$2.89$2.13$5.02$135.98$153.02
$150.00$143.00Aug 7$2.22$2.82$5.04$137.96$155.04
$165.00$123.00Sep 4$3.40$1.93$5.33$117.67$170.33
$148.00$142.00Aug 7$2.89$2.45$5.34$136.66$153.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 80 found (best R:R 26.78, avg credit $2.86)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
140/145150/155Sep 18$4.82$0.1826.78$140.18$154.82
135/140145/150Sep 11$4.55$0.4510.11$135.45$149.55
120/122124/125Aug 28$1.81$0.199.53$120.19$125.81
117/118123/124Aug 28$0.89$0.118.09$117.11$123.89
117/118126/127Aug 28$0.89$0.118.09$117.11$126.89
150/155160/165Sep 18$4.45$0.558.09$150.55$164.45
125/130135/140Sep 18$4.42$0.587.62$125.58$139.42
121/122125/126Sep 4$0.88$0.127.33$121.12$125.88
121/122127/128Sep 4$0.88$0.127.33$121.12$127.88
125/127128/130Sep 4$1.75$0.257.00$125.25$129.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 127 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$162.50$165.00Aug 7$0.08$2.4230.25
$130.00$135.00$140.00Sep 18$0.16$4.8430.25
$155.00$160.00$165.00Sep 18$0.17$4.8328.41
$160.00$165.00$170.00Aug 28$0.20$4.8024.00
$155.00$160.00$165.00Sep 4$0.20$4.8024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$165.00$170.00Aug 14$0.20$4.8024.00
$160.00$165.00$170.00Sep 18$0.23$4.7720.74
$143.00$144.00$145.00Aug 7$0.05$0.9519.00
$143.00$144.00$145.00Aug 21$0.05$0.9519.00
$145.00$150.00$155.00Aug 21$0.25$4.7519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 99 found (best net $-0.48, 94 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$170.001:2Aug 14-$0.21$4.79
$165.00$170.001:2Aug 21-$0.59$4.41
$160.00$165.001:2Aug 21-$0.79$4.21
$165.00$170.001:2Aug 28-$0.96$4.04
$155.00$160.001:2Aug 21-$1.22$3.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Aug 21-$0.48$14.52
$145.00$135.001:2Sep 4-$0.40$9.60
$135.00$127.001:2Sep 4-$1.04$6.96
$125.00$120.001:2Sep 18-$1.20$3.80
$130.00$125.001:2Sep 18-$1.87$3.13

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 6.50%, avg 2.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$9.450.483.1%6.50%9.63%3875.4K
$150.00Sep 11$8.100.463.1%5.57%8.70%11
$155.00Sep 18$7.450.416.6%5.12%11.70%1001.3K
$150.00Sep 4$7.200.463.1%4.95%8.09%57162
$150.00Aug 28$6.300.463.1%4.33%7.47%11346
$155.00Sep 11$6.150.406.6%4.23%10.80%914
$160.00Sep 18$6.050.3510.0%4.16%14.17%41283.8K
$146.00Aug 14$5.450.510.4%3.75%4.13%18184
$155.00Sep 4$5.050.386.6%3.47%10.05%168
$150.00Aug 21$5.000.443.1%3.44%6.57%7644.2K

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 36,497
Total Puts 21,706
Put/Call Ratio 0.59
Net Difference 14,791

Prior's Put/Call Breakdown

Total Calls 3,374
Total Puts 1,794
Put/Call Ratio 0.53
Net Difference 1,580

Prior 7-Day Put/Call Summary

Total Calls 351,141
Total Puts 185,691
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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