Tour v492
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SHOPIFY INC A
$145.00 +17.60%
8/5 10:30

Option Volume

Detail
Current (08/05 10:30am) 78,087
Calls: 47,556 (61%)
Puts: 30,531 (39%)
Prior (07/21) 5,480
Calls: 3,545 (65%)
Puts: 1,935 (35%)
Current vs Prior +1324.95%
Calls: +1241.50% (Calls)
Puts: +1477.83% (Puts)
Prior 7-Day Total 669,678
Calls: 435,232 (65%)
Puts: 234,446 (35%)
Prior 7-Day Average 95,668
Calls: 62,176 (65%)
Puts: 33,492 (35%)
Current vs Prior 7-Day Avg -18.38%
Calls: -23.51%
Puts: -8.84%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 10:30am) $60.67M
Calls: $41.56M (69%)
Puts: $19.11M (31%)
Prior (07/21) $1.87M
Calls: $1.29M (69%)
Puts: $576.9K (31%)
Current vs Prior +3142.21%
Calls: +3111.10%
Puts: +3211.99%
Prior 7-Day Total $331.93M
Calls: $202.96M (61%)
Puts: $128.97M (39%)
Prior 7-Day Average $47.42M
Calls: $28.99M (61%)
Puts: $18.42M (39%)
Current vs Prior 7-Day Avg +27.94%
Calls: +43.35%
Puts: +3.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 10:30am) 0.64
Prior (07/21) 0.55
Current vs Prior +17.62%
Prior 7-Day Average 0.59
Current vs Prior 7-Day Avg +9.15%
Sentiment BULLISH

Open Interest

Detail
Current (08/05 10:30am) 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 5.28% | 7.95%10.26% | 15.30%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -59.05% | -45.29%-33.08% | -28.72%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -36.23% | -30.71%-38.57% | -31.80%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -59.05% | -45.29%-33.51% | -28.04%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.45% | 15.13%
Calls: 6.53% | 13.32%
Puts: 14.36% | 16.95%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +49.71% | +37.80%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg -26.87% | +15.88%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($41.56M). Massive premium surge with dollar volume up 3142% vs prior. Unusually high activity with volume up 1325% 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
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
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 70 of results (avg 8.1%, best 4.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 1813.7014.30$14.004.3%4680.6047.9K
$155.00Aug 142.192.30$2.254.9%3050.26435
$120.00Aug 2125.2026.55$25.885.2%2230.931.1K
$121.00Aug 723.3024.60$23.955.4%950.99276
$122.00Aug 722.3523.65$23.005.7%1110.98364
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 1827.2528.85$28.055.7%--0.7690
$145.00Sep 48.959.50$9.236.0%30.47--
$150.00Sep 411.5012.25$11.886.3%220.55--
$145.00Sep 1810.7011.40$11.056.3%1010.47496
$140.00Aug 71.641.76$1.707.1%1.6K0.282

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.59, cheapest $0.12)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 70.110.13$0.1216.7%8000.03253
$162.50Aug 70.180.21$0.2015.0%540.0563
$160.00Aug 70.300.33$0.329.4%3.6K0.082.0K
$155.00Aug 70.760.86$0.8112.3%1.7K0.17684
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$136.00Aug 70.700.81$0.7614.5%670.153
$137.00Aug 70.901.04$0.9714.4%1290.18--
$130.00Aug 140.901.03$0.9713.4%790.1362

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 189 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$116.00Aug 1427.5030.05$28.788.9%31.0045
$118.00Aug 1425.5528.20$26.889.9%311.00126
$120.00Aug 1424.6026.25$25.436.5%821.00351
$116.00Aug 2127.6530.35$29.009.3%--1.0034
$117.00Aug 2126.7029.35$28.039.5%--1.0049
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 719.2021.10$20.159.4%--1.0015
$170.00Aug 1424.4027.20$25.8010.9%300.9494
$160.00Aug 714.1516.30$15.2314.1%580.92--
$165.00Aug 1419.8522.55$21.2012.7%--0.89109
$170.00Aug 2125.1527.65$26.409.5%--0.8910

Most actively traded options today. High liquidity = easy entry/exit. 347 active (total vol 48.3K, top 5.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 71.851.97$1.916.3%5.9K0.323.9K
$160.00Aug 70.300.33$0.329.4%3.6K0.082.0K
$130.00Aug 714.6015.75$15.187.6%2.4K0.956.1K
$125.00Aug 719.5020.65$20.085.7%2.2K0.982.5K
$145.00Aug 73.703.95$3.836.5%2.1K0.511.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 71.641.76$1.707.1%1.6K0.282
$125.00Aug 70.050.12$0.0977.8%4950.02579
$130.00Aug 70.180.27$0.2339.1%4440.05303
$120.00Aug 70.030.06$0.0560.0%3710.012.5K
$135.00Aug 70.560.71$0.6423.4%3700.1349

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 85 strikes (avg 56.3%, max 103.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11107.4%52.8%103.5%98280
$123.00Aug 7Sep 1198.9%50.9%94.2%94335
$120.00Aug 7Sep 18107.4%55.8%92.6%3063.0K
$127.00Aug 7Sep 4111.3%58.1%91.7%98283
$119.00Aug 7Aug 28106.0%55.5%91.0%16350
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$121.00Aug 7Sep 11107.4%52.8%103.5%30375
$116.00Aug 7Sep 4112.7%55.7%102.3%62197
$117.00Aug 7Aug 28118.1%59.9%97.3%83515
$120.00Aug 7Sep 18107.4%55.8%92.6%5364.2K
$127.00Aug 7Sep 4111.3%58.1%91.7%9528

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 182 found (best R:R 19.83, avg 2.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$160.00$162.50Aug 7$0.12$2.38$0.1219.83$160.12
$162.50$165.00Aug 14$0.13$2.37$0.1318.23$162.63
$167.50$170.00Aug 14$0.13$2.37$0.1318.23$167.63
$157.50$160.00Aug 7$0.18$2.32$0.1812.89$157.68
$124.00$125.00Aug 21$0.10$0.90$0.109.00$124.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$120.00$118.00Sep 11$0.13$1.87$0.1314.38$119.87
$127.00$125.00Aug 28$0.18$1.82$0.1810.11$126.82
$134.00$133.00Aug 7$0.10$0.90$0.109.00$133.90
$126.00$125.00Aug 21$0.10$0.90$0.109.00$125.90
$138.00$137.00Aug 21$0.11$0.89$0.118.09$137.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 260 found (best R:R 19.83, avg 1.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$131.00$133.00Aug 28$1.87$1.87$0.1314.38$132.87
$120.00$122.00Sep 4$1.87$1.87$0.1314.38$121.87
$118.00$119.00Aug 21$0.90$0.90$0.109.00$118.90
$124.00$125.00Sep 11$0.90$0.90$0.109.00$124.90
$129.00$130.00Aug 14$0.89$0.89$0.118.09$129.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$157.50$155.00Aug 14$2.38$2.38$0.1219.83$155.12
$170.00$165.00Aug 14$4.60$4.60$0.4011.50$165.40
$165.00$160.00Aug 14$4.43$4.43$0.577.77$160.57
$165.00$160.00Aug 28$4.35$4.35$0.656.69$160.65
$140.00$139.00Sep 4$0.87$0.87$0.136.69$139.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 82 found (avg debit $1.04, cheapest $0.11)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 7Aug 14$0.11112.7%72.4%
$123.00Aug 7Aug 14$0.1598.9%64.3%
$125.00Aug 7Aug 14$0.1795.4%63.4%
$118.00Aug 7Aug 14$0.21107.7%69.6%
$119.00Aug 7Aug 14$0.21106.0%78.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 7Aug 14$0.14112.7%72.4%
$118.00Aug 7Aug 14$0.16107.7%69.6%
$120.00Aug 7Aug 14$0.17107.4%66.5%
$121.00Aug 7Aug 14$0.24107.4%68.0%
$122.00Aug 7Aug 14$0.24111.3%67.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 163 found (cheapest 5.19% of stock, avg 13.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$144.00Aug 7$4.25$3.28$7.53$136.47$151.535.19%
$145.00Aug 7$3.83$3.83$7.66$137.34$152.665.28%
$146.00Aug 7$3.35$4.30$7.65$138.35$153.655.28%
$143.00Aug 7$4.85$2.84$7.69$135.31$150.695.30%
$147.00Aug 7$2.94$4.90$7.84$139.16$154.845.41%
$142.00Aug 7$5.45$2.44$7.89$134.11$149.895.44%
$148.00Aug 7$2.49$5.48$7.97$140.03$155.975.50%
$141.00Aug 7$6.08$2.08$8.16$132.84$149.165.63%
$149.00Aug 7$2.18$6.18$8.36$140.64$157.365.77%
$140.00Aug 7$6.78$1.70$8.48$131.52$148.485.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.75% of stock, avg 7.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$150.00$141.00Aug 7$1.91$2.08$3.99$137.01$153.99
$149.00$141.00Aug 7$2.18$2.08$4.26$136.74$153.26
$150.00$142.00Aug 7$1.91$2.44$4.35$137.65$154.35
$170.00$120.00Sep 11$2.73$1.74$4.47$115.53$174.47
$148.00$141.00Aug 7$2.49$2.08$4.57$136.43$152.57
$149.00$142.00Aug 7$2.18$2.44$4.62$137.38$153.62
$150.00$143.00Aug 7$1.91$2.84$4.75$138.25$154.75
$148.00$142.00Aug 7$2.49$2.44$4.93$137.07$152.93
$147.00$141.00Aug 7$2.94$2.08$5.02$135.98$152.02
$149.00$143.00Aug 7$2.18$2.84$5.02$137.98$154.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 75 found (best R:R 34.71, avg credit $2.59)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
145/150155/160Sep 18$4.86$0.1434.71$145.14$159.86
145/150160/165Sep 18$4.61$0.3911.82$145.39$164.61
130/135140/145Sep 18$4.53$0.479.64$130.47$144.53
118/120121/123Sep 11$1.80$0.209.00$118.20$122.80
150/155160/165Sep 18$4.50$0.509.00$150.50$164.50
155/160165/170Sep 18$4.45$0.558.09$155.55$169.45
145/150165/170Sep 18$4.30$0.706.14$145.70$169.30
125/130140/145Sep 18$4.24$0.765.58$125.76$144.24
135/140150/155Sep 18$4.19$0.815.17$135.81$154.19
150/155165/170Sep 18$4.19$0.815.17$150.81$169.19

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 137 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$157.50$160.00$162.50Aug 7$0.06$2.4440.67
$162.50$165.00$167.50Aug 7$0.06$2.4440.67
$150.00$155.00$160.00Sep 11$0.12$4.8840.67
$167.50$170.00$172.50Aug 14$0.08$2.4230.25
$160.00$165.00$170.00Sep 4$0.16$4.8430.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$165.00$170.00Aug 14$0.17$4.8328.41
$120.00$125.00$130.00Sep 18$0.23$4.7720.74
$122.00$123.00$124.00Aug 7$0.05$0.9519.00
$143.00$144.00$145.00Aug 28$0.05$0.9519.00
$150.00$155.00$160.00Sep 18$0.26$4.7418.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 106 found (best net $-1.36, 101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$170.001:2Aug 21-$0.39$4.61
$160.00$165.001:2Aug 21-$0.64$4.36
$165.00$170.001:2Aug 28-$0.68$4.32
$155.00$160.001:2Aug 21-$1.05$3.95
$160.00$165.001:2Aug 28-$1.32$3.68
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Aug 21-$1.36$13.64
$135.00$127.001:2Sep 4-$0.58$7.42
$160.00$150.001:2Aug 28-$3.85$6.15
$125.00$120.001:2Sep 18-$1.17$3.83
$130.00$125.001:2Sep 18-$2.08$2.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 7.10%, avg 2.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$145.00Sep 18$10.300.530.0%7.10%7.10%3182.5K
$145.00Sep 11$9.750.530.0%6.72%6.72%29
$145.00Sep 4$9.400.530.0%6.48%6.48%1258
$150.00Sep 18$9.100.473.5%6.28%9.72%4115.4K
$145.00Aug 28$8.200.520.0%5.66%5.66%18193
$150.00Sep 11$7.500.463.5%5.17%8.62%211
$155.00Sep 18$7.400.406.9%5.10%12.00%1621.3K
$150.00Sep 4$7.150.453.5%4.93%8.38%60162
$145.00Aug 21$7.100.520.0%4.90%4.90%4643.4K
$155.00Sep 11$6.200.396.9%4.28%11.17%1514

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 47,556
Total Puts 30,531
Put/Call Ratio 0.64
Net Difference 17,025

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 435,232
Total Puts 234,446
Average Put/Call Ratio 0.59
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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