Tour v492
SHOP
SHOPIFY INC A
$147.40 +19.55%
8/5 10:00

Option Volume

Detail
Current (08/05 10:00am) 62,673
Calls: 38,902 (62%)
Puts: 23,771 (38%)
Prior --
Calls: 227,575 (68%)
Puts: 106,264 (32%)
Current vs Prior +0.00%
Calls: -82.91% (Calls)
Puts: -77.63% (Puts)
Prior 7-Day Total 572,970
Calls: 375,409 (66%)
Puts: 197,561 (34%)
Prior 7-Day Average 81,852
Calls: 53,629 (66%)
Puts: 28,223 (34%)
Current vs Prior 7-Day Avg -23.43%
Calls: -27.46%
Puts: -15.77%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 10:00am) $52.12M
Calls: $38.19M (73%)
Puts: $13.94M (27%)
Prior --
Calls: $37.92M (42%)
Puts: $53.09M (58%)
Current vs Prior +0.00%
Calls: +0.70%
Puts: -73.75%
Prior 7-Day Total $265.85M
Calls: $161.04M (61%)
Puts: $104.81M (39%)
Prior 7-Day Average $37.98M
Calls: $23.01M (61%)
Puts: $14.97M (39%)
Current vs Prior 7-Day Avg +37.25%
Calls: +65.98%
Puts: -6.90%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 10:00am) 0.61
Prior 1.00
Current vs Prior -38.90%
Prior 7-Day Average 0.59
Current vs Prior 7-Day Avg +3.74%
Sentiment BULLISH

Open Interest

Detail
Current (08/05 10:00am) 824,777
Calls: 548,816 (67%)
Puts: 275,961 (33%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
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 5.77% | 8.01%12.13% | 17.85%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -55.30% | -44.87%-20.89% | -16.82%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -30.39% | -30.18%-27.38% | -20.42%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -55.30% | -44.87%-21.40% | -16.03%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 15.11% | 22.93%
Calls: 9.76% | 28.30%
Puts: 20.45% | 17.56%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +116.48% | +108.83%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg +5.74% | +75.62%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($38.19M). Bullish P/C ratio of 0.61. P/C ratio dropping 39% - sentiment shifting bullish. Call-heavy open interest (548,816 calls vs 275,961 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:00BULLISHBULLISHBULLISH
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 7.8%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 726.6527.75$27.204.0%1251.00566
$125.00Aug 721.6022.50$22.054.1%2.0K1.002.5K
$160.00Sep 186.707.00$6.854.4%4290.3783.8K
$121.00Aug 725.9027.10$26.504.5%661.00276
$122.00Aug 724.9026.10$25.504.7%1091.00364
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 72.753.00$2.888.7%2140.413
$175.00Sep 1829.6032.45$31.039.2%--0.7817
$175.00Aug 2127.5030.35$28.939.9%--0.9020

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.40, cheapest $0.15)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 70.590.70$0.6516.9%3.2K0.122.0K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 70.140.16$0.1513.3%630.04303

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 175 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 727.3530.00$28.689.2%351.00169
$119.00Aug 726.3529.00$27.689.6%71.00216
$120.00Aug 726.6527.75$27.204.0%1251.00566
$121.00Aug 725.9027.10$26.504.5%661.00276
$122.00Aug 724.9026.10$25.504.7%1091.00364
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 717.1520.05$18.6015.6%--0.9315
$175.00Aug 2127.5030.35$28.939.9%--0.9020
$170.00Aug 1422.3025.20$23.7512.2%--0.9094
$160.00Aug 712.5514.95$13.7517.5%580.88--
$170.00Aug 2122.9525.75$24.3511.5%--0.8610

Most actively traded options today. High liquidity = easy entry/exit. 308 active (total vol 38.6K, top 5.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 72.732.89$2.815.7%5.0K0.393.9K
$160.00Aug 70.590.70$0.6516.9%3.2K0.122.0K
$130.00Aug 716.7018.40$17.559.7%2.0K0.966.1K
$125.00Aug 721.6022.50$22.054.1%2.0K1.002.5K
$145.00Aug 74.955.30$5.136.8%1.5K0.591.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 71.191.41$1.3016.9%1.1K0.232
$135.00Aug 70.420.59$0.5133.3%3120.1049
$130.00Aug 211.361.97$1.6736.5%2900.16320
$146.00Aug 73.103.80$3.4520.3%2760.45--
$125.00Aug 70.010.11$0.06166.7%2620.01579

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 56.9%, max 115.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$123.00Aug 7Sep 11112.6%52.3%115.0%81335
$121.00Aug 7Sep 11106.7%54.1%97.2%69280
$124.00Aug 7Sep 11107.3%56.2%90.8%69201
$119.00Aug 7Aug 28127.3%67.1%89.7%7350
$120.00Aug 7Sep 18106.9%56.8%88.3%2573.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11106.7%54.1%97.2%17375
$123.00Aug 7Sep 4112.6%57.3%96.5%25221
$120.00Aug 7Sep 18106.9%56.8%88.3%3794.2K
$122.00Aug 7Sep 4117.9%62.9%87.6%31195
$119.00Aug 7Sep 4127.3%67.9%87.4%9238

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 178 found (best R:R 21.73, avg 2.89)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$167.50$170.00Aug 7$0.11$2.39$0.1121.73$167.61
$162.50$165.00Aug 7$0.12$2.38$0.1219.83$162.62
$165.00$170.00Aug 14$0.36$4.64$0.3612.89$165.36
$160.00$162.50Aug 7$0.21$2.29$0.2110.90$160.21
$170.00$175.00Aug 21$0.45$4.55$0.4510.11$170.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$127.00$125.00Aug 28$0.18$1.82$0.1810.11$126.82
$119.00$118.00Aug 21$0.10$0.90$0.109.00$118.90
$125.00$124.00Aug 21$0.12$0.88$0.127.33$124.88
$130.00$129.00Aug 21$0.12$0.88$0.127.33$129.88
$137.00$136.00Aug 7$0.13$0.87$0.136.69$136.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 250 found (best R:R 32.33, avg 1.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$126.00$127.00Aug 14$0.90$0.90$0.109.00$126.90
$119.00$120.00Aug 28$0.90$0.90$0.109.00$119.90
$122.00$123.00Aug 28$0.88$0.88$0.127.33$122.88
$123.00$124.00Sep 4$0.88$0.88$0.127.33$123.88
$132.00$133.00Sep 4$0.88$0.88$0.127.33$132.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$160.00Aug 7$4.85$4.85$0.1532.33$160.15
$157.50$155.00Aug 7$2.30$2.30$0.2011.50$155.20
$175.00$170.00Aug 21$4.58$4.58$0.4210.90$170.42
$170.00$165.00Aug 14$4.48$4.48$0.528.62$165.52
$145.00$144.00Sep 11$0.87$0.87$0.136.69$144.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $1.21, cheapest $0.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$175.00Aug 7Aug 14$0.27104.3%67.9%
$123.00Aug 7Aug 14$0.35112.6%73.9%
$125.00Aug 7Aug 14$0.3796.0%68.9%
$124.00Aug 7Aug 14$0.38107.3%78.7%
$127.00Aug 7Aug 14$0.43113.1%68.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$118.00Aug 7Aug 14$0.17112.4%72.9%
$120.00Aug 7Aug 14$0.26106.9%73.3%
$122.00Aug 7Aug 14$0.33117.9%74.4%
$123.00Aug 7Aug 14$0.39112.6%73.5%
$121.00Aug 7Aug 14$0.40106.7%70.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 151 found (cheapest 5.38% of stock, avg 13.51%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$147.00Aug 7$4.10$3.83$7.93$139.07$154.935.38%
$146.00Aug 7$4.53$3.45$7.98$138.02$153.985.41%
$145.00Aug 7$5.13$2.88$8.01$136.99$153.015.43%
$148.00Aug 7$3.65$4.40$8.05$139.95$156.055.46%
$149.00Aug 7$3.20$4.97$8.17$140.83$157.175.54%
$144.00Aug 7$5.70$2.51$8.21$135.79$152.215.57%
$150.00Aug 7$2.81$5.53$8.34$141.66$158.345.66%
$143.00Aug 7$6.45$2.15$8.60$134.40$151.605.83%
$142.00Aug 7$7.08$1.82$8.90$133.10$150.906.04%
$152.50Aug 7$2.00$7.20$9.20$143.30$161.706.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.40% of stock, avg 6.77%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$155.00$143.00Aug 7$1.39$2.15$3.54$139.46$158.54
$155.00$144.00Aug 7$1.39$2.51$3.90$140.10$158.90
$152.50$143.00Aug 7$2.00$2.15$4.15$138.85$156.65
$155.00$145.00Aug 7$1.39$2.88$4.27$140.73$159.27
$152.50$144.00Aug 7$2.00$2.51$4.51$139.49$157.01
$170.00$122.00Sep 4$2.56$2.06$4.62$117.38$174.62
$170.00$125.00Sep 4$2.56$2.09$4.65$120.35$174.65
$155.00$146.00Aug 7$1.39$3.45$4.84$141.16$159.84
$152.50$145.00Aug 7$2.00$2.88$4.88$140.12$157.38
$175.00$120.00Sep 11$2.71$2.17$4.88$115.12$179.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 78 found (best R:R 19.00, avg credit $3.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
120/121128/130Sep 4$1.90$0.1019.00$119.10$129.90
155/160165/170Sep 18$4.70$0.3015.67$155.30$169.70
120/122125/126Aug 28$1.83$0.1710.76$120.17$126.83
123/125128/130Sep 4$1.82$0.1810.11$123.18$129.82
125/130135/140Sep 18$4.53$0.479.64$125.47$139.53
135/140145/150Sep 18$4.50$0.509.00$135.50$149.50
140/145160/165Sep 18$4.43$0.577.77$140.57$164.43
121/122130/131Sep 4$0.88$0.127.33$121.12$130.88
140/145155/160Sep 18$4.38$0.627.06$140.62$159.38
150/155160/165Sep 18$4.37$0.636.94$150.63$164.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Aug 21$0.13$4.8737.46
$160.00$162.50$165.00Aug 14$0.07$2.4334.71
$160.00$165.00$170.00Sep 18$0.15$4.8532.33
$157.50$160.00$162.50Aug 7$0.09$2.4126.78
$160.00$162.50$165.00Aug 7$0.09$2.4126.78
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$155.00$160.00$165.00Sep 18$0.08$4.9261.50
$160.00$165.00$170.00Aug 14$0.16$4.8430.25
$160.00$165.00$170.00Sep 18$0.17$4.8328.41
$155.00$157.50$160.00Aug 7$0.10$2.4024.00
$130.00$135.00$140.00Sep 18$0.22$4.7821.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 105 found (best net $-0.24, 101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$175.001:2Sep 11-$0.99$9.01
$165.00$170.001:2Aug 14-$0.34$4.66
$170.00$175.001:2Aug 21-$0.35$4.65
$165.00$170.001:2Aug 21-$0.67$4.33
$160.00$165.001:2Aug 21-$0.73$4.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$150.001:2Aug 28-$0.24$14.76
$170.00$155.001:2Aug 21-$0.65$14.35
$135.00$127.001:2Sep 4-$1.42$6.58
$125.00$120.001:2Sep 18-$1.29$3.71
$130.00$125.001:2Sep 18-$1.78$3.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 6.78%, avg 2.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$10.000.491.8%6.78%8.55%3965.4K
$150.00Sep 11$8.150.481.8%5.53%7.29%21
$155.00Sep 18$7.600.435.2%5.16%10.31%1011.3K
$150.00Sep 4$7.350.471.8%4.99%6.75%60162
$160.00Sep 18$6.700.378.6%4.55%13.09%42983.8K
$150.00Aug 28$6.550.461.8%4.44%6.21%13346
$155.00Sep 11$6.150.415.2%4.17%9.33%914
$150.00Aug 21$5.950.461.8%4.04%5.80%7854.2K
$160.00Sep 11$5.250.358.6%3.56%12.11%132
$148.00Aug 14$5.050.480.4%3.43%3.83%1626

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 38,902
Total Puts 23,771
Put/Call Ratio 0.61
Net Difference 15,131

Prior's Put/Call Breakdown

Total Calls 227,575
Total Puts 106,264
Put/Call Ratio 1.00
Net Difference 121,311

Prior 7-Day Put/Call Summary

Total Calls 375,409
Total Puts 197,561
Average Put/Call Ratio 0.59
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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