Tour v492
SHOP
SHOPIFY INC A
$147.31 +19.47%
8/5 14:01

Option Volume

Detail
Current (08/05 2:00pm) 155,843
Calls: 86,341 (55%)
Puts: 69,502 (45%)
Prior --
Calls: 227,575 (68%)
Puts: 106,264 (32%)
Current vs Prior +0.00%
Calls: -62.06% (Calls)
Puts: -34.59% (Puts)
Prior 7-Day Total 810,547
Calls: 502,771 (62%)
Puts: 307,776 (38%)
Prior 7-Day Average 115,792
Calls: 71,824 (62%)
Puts: 43,968 (38%)
Current vs Prior 7-Day Avg +34.59%
Calls: +20.21%
Puts: +58.07%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 2:00pm) $109.78M
Calls: $80.68M (73%)
Puts: $29.10M (27%)
Prior --
Calls: $37.92M (42%)
Puts: $53.09M (58%)
Current vs Prior +0.00%
Calls: +112.76%
Puts: -45.18%
Prior 7-Day Total $421.28M
Calls: $262.63M (62%)
Puts: $158.65M (38%)
Prior 7-Day Average $60.18M
Calls: $37.52M (62%)
Puts: $22.66M (38%)
Current vs Prior 7-Day Avg +82.41%
Calls: +115.03%
Puts: +28.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 2:00pm) 0.81
Prior 1.00
Current vs Prior -19.50%
Prior 7-Day Average 0.65
Current vs Prior 7-Day Avg +23.30%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/05 2:00pm) 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 4.84% | 7.89%11.41% | 17.08%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -62.49% | -45.68%-25.58% | -20.41%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -41.57% | -31.21%-31.69% | -23.85%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -62.49% | -45.68%-26.06% | -19.65%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 16.05% | 14.17%
Calls: 12.93% | 11.25%
Puts: 19.18% | 17.09%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +129.94% | +29.05%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg +12.32% | +8.53%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($80.68M). Dollar volume significantly above 7-day average (82% higher). 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 NEUTRAL
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
14:00BULLISHBULLISHBULLISH
13:00BULLISHBULLISHBULLISH
12:00BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
10:35BULLISHBULLISHBULLISH
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 116 of results (avg 7.9%, best 4.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 2127.6028.75$28.184.1%2730.941.1K
$145.00Sep 1812.3512.90$12.634.4%4090.572.5K
$125.00Aug 721.9523.00$22.484.7%2.3K1.002.5K
$150.00Aug 287.157.50$7.334.8%550.48346
$130.00Aug 2118.5519.50$19.025.0%5310.862.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 189.409.80$9.604.2%1220.43496
$165.00Aug 2819.5020.60$20.055.5%--0.7615
$145.00Aug 286.857.25$7.055.7%170.4323
$170.00Sep 424.2525.70$24.985.8%--0.7961
$130.00Sep 183.804.05$3.936.4%2080.222.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.66, cheapest $0.25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 70.340.40$0.3716.2%5.5K0.092.0K
$170.00Aug 140.460.56$0.5119.6%1.4K0.08261
$157.50Aug 70.540.61$0.5712.3%7000.1440
$175.00Aug 210.670.79$0.7316.4%6350.09441
$165.00Aug 140.860.98$0.9213.0%2660.1340
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$136.00Aug 70.230.27$0.2516.0%1.4K0.073
$139.00Aug 70.510.59$0.5514.5%3320.1310
$140.00Aug 70.650.77$0.7116.9%2.4K0.162
$132.00Aug 140.730.89$0.8119.8%180.122
$141.00Aug 70.880.98$0.9310.8%1640.20--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 197 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 728.2530.45$29.357.5%551.00169
$119.00Aug 727.2529.55$28.408.1%391.00216
$120.00Aug 726.4528.60$27.537.8%1911.00566
$121.00Aug 725.2527.15$26.207.3%1501.00276
$122.00Aug 724.2526.00$25.137.0%1791.00364
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 716.8018.90$17.8511.8%--0.9615
$162.50Aug 714.4516.20$15.3311.4%450.94--
$170.00Aug 1422.2524.40$23.339.2%910.9294
$160.00Aug 712.1013.80$12.9513.1%620.91--
$175.00Aug 2127.3029.60$28.458.1%150.9120

Most actively traded options today. High liquidity = easy entry/exit. 390 active (total vol 93.4K, top 9.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 72.142.27$2.215.9%9.8K0.393.9K
$160.00Aug 70.340.40$0.3716.2%5.5K0.092.0K
$130.00Aug 716.9017.85$17.385.5%5.2K1.006.1K
$160.00Sep 186.506.90$6.706.0%3.9K0.3783.8K
$145.00Aug 74.404.80$4.608.7%3.4K0.631.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 70.650.77$0.7116.9%2.4K0.162
$145.00Aug 72.042.25$2.159.8%2.3K0.373
$135.00Aug 70.160.21$0.1926.3%2.0K0.0549
$136.00Aug 70.230.27$0.2516.0%1.4K0.073
$130.00Aug 70.050.09$0.0757.1%6540.02303

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 83 strikes (avg 44.3%, max 111.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$118.00Aug 7Sep 4118.3%56.0%111.4%56173
$120.00Aug 7Sep 18110.2%54.8%101.0%4543.0K
$119.00Aug 7Sep 11111.4%56.5%97.2%42217
$123.00Aug 7Sep 11100.4%53.9%86.3%111335
$122.00Aug 7Sep 11108.3%60.8%78.2%183367
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$118.00Aug 7Sep 11118.3%56.4%109.8%129757
$120.00Aug 7Sep 18110.3%54.8%101.3%9624.2K
$119.00Aug 7Sep 11111.4%56.5%97.2%28243
$123.00Aug 7Sep 11100.6%53.9%86.5%64208
$122.00Aug 7Sep 4108.4%59.7%81.6%115195

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 216 found (best R:R 24.00, avg 2.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$162.50$165.00Aug 7$0.10$2.40$0.1024.00$162.60
$160.00$162.50Aug 7$0.14$2.36$0.1416.86$160.14
$170.00$172.50Aug 14$0.16$2.34$0.1614.62$170.16
$167.50$170.00Aug 14$0.17$2.33$0.1713.71$167.67
$170.00$175.00Aug 21$0.39$4.61$0.3911.82$170.39
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$127.00$125.00Aug 28$0.17$1.83$0.1710.76$126.83
$132.00$131.00Aug 14$0.10$0.90$0.109.00$131.90
$131.00$130.00Aug 14$0.11$0.89$0.118.09$130.89
$119.00$118.00Aug 21$0.11$0.89$0.118.09$118.89
$123.00$122.00Aug 28$0.11$0.89$0.118.09$122.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 282 found (best R:R 19.83, avg 1.63)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$127.00$128.00Aug 21$0.90$0.90$0.109.00$127.90
$128.00$129.00Aug 21$0.90$0.90$0.109.00$128.90
$119.00$120.00Aug 7$0.87$0.87$0.136.69$119.87
$122.00$123.00Aug 28$0.87$0.87$0.136.69$122.87
$131.00$132.00Aug 28$0.86$0.86$0.146.14$131.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$162.50$160.00Aug 7$2.38$2.38$0.1219.83$160.12
$170.00$165.00Aug 14$4.75$4.75$0.2519.00$165.25
$170.00$165.00Aug 28$4.68$4.68$0.3214.62$165.32
$175.00$170.00Sep 4$4.55$4.55$0.4510.11$170.45
$160.00$157.50Aug 14$2.25$2.25$0.259.00$157.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 83 found (avg debit $1.13, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$124.00Aug 7Aug 14$0.0794.4%64.5%
$119.00Aug 7Aug 14$0.10111.4%63.4%
$118.00Aug 7Aug 14$0.13118.3%68.3%
$120.00Aug 7Aug 14$0.17110.2%62.9%
$123.00Aug 7Aug 14$0.25100.4%61.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$119.00Aug 7Aug 14$0.06111.4%63.5%
$120.00Aug 7Aug 14$0.07110.3%62.8%
$118.00Aug 7Aug 14$0.08118.3%68.4%
$121.00Aug 7Aug 14$0.14106.2%66.6%
$123.00Aug 7Aug 14$0.14100.6%61.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 182 found (cheapest 4.47% of stock, avg 13.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$147.00Aug 7$3.48$3.11$6.59$140.41$153.594.47%
$146.00Aug 7$4.05$2.63$6.68$139.32$152.684.53%
$148.00Aug 7$3.07$3.65$6.72$141.28$154.724.56%
$145.00Aug 7$4.60$2.15$6.75$138.25$151.754.58%
$149.00Aug 7$2.62$4.15$6.77$142.23$155.774.60%
$144.00Aug 7$5.25$1.75$7.00$137.00$151.004.75%
$150.00Aug 7$2.21$4.85$7.06$142.94$157.064.79%
$143.00Aug 7$5.90$1.42$7.32$135.68$150.324.97%
$142.00Aug 7$6.60$1.14$7.74$134.26$149.745.25%
$152.50Aug 7$1.47$6.53$8.00$144.50$160.505.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.61% of stock, avg 6.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$155.00$143.00Aug 7$0.95$1.42$2.37$140.63$157.37
$155.00$144.00Aug 7$0.95$1.75$2.70$141.30$157.70
$152.50$143.00Aug 7$1.47$1.42$2.89$140.11$155.39
$155.00$145.00Aug 7$0.95$2.15$3.10$141.90$158.10
$152.50$144.00Aug 7$1.47$1.75$3.22$140.78$155.72
$155.00$146.00Aug 7$0.95$2.63$3.58$142.42$158.58
$150.00$143.00Aug 7$2.21$1.42$3.63$139.37$153.63
$152.50$145.00Aug 7$1.47$2.15$3.62$141.38$156.12
$150.00$144.00Aug 7$2.21$1.75$3.96$140.04$153.96
$149.00$143.00Aug 7$2.62$1.42$4.04$138.96$153.04

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 65 found (best R:R 12.89, avg credit $2.53)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
155/160165/170Sep 18$4.64$0.3612.89$155.36$169.64
145/150155/160Sep 18$4.63$0.3712.51$145.37$159.63
119/120128/130Sep 11$1.85$0.1512.33$118.15$129.85
150/155160/165Sep 18$4.53$0.479.64$150.47$164.53
119/120122/123Sep 11$0.90$0.109.00$119.10$122.90
119/120125/128Sep 11$2.68$0.328.37$117.32$127.68
124/125126/127Aug 21$0.88$0.127.33$124.12$126.88
150/155165/170Sep 18$4.39$0.617.20$150.61$169.39
118/119128/130Sep 11$1.74$0.266.69$117.26$129.74
130/135140/145Sep 18$4.34$0.666.58$130.66$144.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 163 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$130.00$135.00$140.00Sep 18$0.08$4.9261.50
$145.00$150.00$155.00Sep 11$0.09$4.9154.56
$157.50$160.00$162.50Aug 7$0.06$2.4440.67
$165.00$170.00$175.00Sep 4$0.13$4.8737.46
$150.00$155.00$160.00Sep 11$0.13$4.8737.46
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Sep 18$0.15$4.8532.33
$152.50$155.00$157.50Aug 14$0.08$2.4230.25
$120.00$125.00$130.00Sep 18$0.17$4.8328.41
$155.00$160.00$165.00Sep 18$0.17$4.8328.41
$152.50$155.00$157.50Aug 7$0.10$2.4024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 109 found (best net $-3.60, 105 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$175.001:2Aug 21-$0.34$4.66
$165.00$170.001:2Aug 21-$0.41$4.59
$170.00$175.001:2Aug 28-$0.77$4.23
$160.00$165.001:2Aug 21-$0.87$4.13
$165.00$170.001:2Aug 28-$0.88$4.12
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$150.001:2Aug 28-$3.60$6.40
$125.00$120.001:2Sep 18-$0.82$4.18
$130.00$125.001:2Sep 11-$1.23$3.77
$130.00$125.001:2Sep 18-$1.63$3.37
$170.00$160.001:2Aug 21-$6.81$3.19

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 6.89%, avg 2.27%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$10.150.511.8%6.89%8.72%8395.4K
$150.00Sep 11$9.000.501.8%6.11%7.94%311
$150.00Sep 4$8.250.491.8%5.60%7.43%159162
$155.00Sep 18$8.150.445.2%5.53%10.75%2681.3K
$150.00Aug 28$7.150.481.8%4.85%6.68%55346
$155.00Sep 11$6.950.425.2%4.72%9.94%2314
$160.00Sep 18$6.500.378.6%4.41%13.03%3.9K83.8K
$155.00Sep 4$6.250.415.2%4.24%9.46%6468
$150.00Aug 21$5.850.471.8%3.97%5.80%2.2K4.2K
$155.00Aug 28$5.250.395.2%3.56%8.78%81108

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 86,341
Total Puts 69,502
Put/Call Ratio 0.81
Net Difference 16,839

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 502,771
Total Puts 307,776
Average Put/Call Ratio 0.65
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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