Tour v492
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SHOPIFY INC A
$146.46 +18.78%
8/5 14:09

Option Volume

Detail
Current (08/05 2:05pm) 156,783
Calls: 86,941 (55%)
Puts: 69,842 (45%)
Prior (08/04) 41,360
Calls: 25,114 (61%)
Puts: 16,246 (39%)
Current vs Prior +279.07%
Calls: +246.19% (Calls)
Puts: +329.90% (Puts)
Prior 7-Day Total 886,686
Calls: 540,425 (61%)
Puts: 346,261 (39%)
Prior 7-Day Average 126,669
Calls: 77,203 (61%)
Puts: 49,465 (39%)
Current vs Prior 7-Day Avg +23.77%
Calls: +12.61%
Puts: +41.19%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 2:05pm) $107.77M
Calls: $78.18M (73%)
Puts: $29.59M (27%)
Prior (08/04) $20.20M
Calls: $12.99M (64%)
Puts: $7.22M (36%)
Current vs Prior +433.43%
Calls: +501.93%
Puts: +310.10%
Prior 7-Day Total $469.54M
Calls: $301.19M (64%)
Puts: $168.35M (36%)
Prior 7-Day Average $67.08M
Calls: $43.03M (64%)
Puts: $24.05M (36%)
Current vs Prior 7-Day Avg +60.67%
Calls: +81.71%
Puts: +23.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 2:05pm) 0.80
Prior (08/04) 0.65
Current vs Prior +24.18%
Prior 7-Day Average 0.68
Current vs Prior 7-Day Avg +18.68%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/05 2:05pm) 824,777
Calls: 548,816 (67%)
Puts: 275,961 (33%)
Prior (08/04) 771,161
Calls: 515,999 (67%)
Puts: 255,162 (33%)
Current vs Prior +6.95%
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 4.83% | 7.84%11.34% | 17.04%
Prior 12.90% | 14.53%15.33% | 21.46%
Current vs Prior -62.53% | -46.07%-26.04% | -20.61%
Prior 7-Day Avg 8.28% | 11.48%16.70% | 22.43%
Current vs 7-Day Avg -41.65% | -31.70%-32.11% | -24.05%
Prior 7-Day Eod 12.90% | 14.53%15.43% | 21.26%
Current vs 7-Day Eod -62.53% | -46.07%-26.52% | -19.86%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 12.04% | 11.82%
Calls: 9.78% | 8.55%
Puts: 14.29% | 15.10%
Prior 6.98% | 10.98%
Calls: 3.90% | 7.53%
Puts: 10.06% | 14.44%
Current vs Prior +72.49% | +7.65%
Prior 7-Day Avg 14.29% | 13.06%
Calls: 12.05% | 15.27%
Puts: 16.53% | 10.85%
Current vs 7-Day Avg -15.75% | -9.47%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($78.18M). Massive premium surge with dollar volume up 433% vs prior. Dollar volume significantly above 7-day average (61% higher). Unusually high activity with volume up 279% vs prior - elevated interest.

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 NEUTRAL
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
14:05BULLISHBULLISHBULLISH
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 92 of results (avg 7.8%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 1811.9512.45$12.204.1%4090.562.5K
$150.00Sep 189.7010.15$9.934.5%8420.495.4K
$125.00Aug 1421.4522.45$21.954.6%1940.96344
$150.00Aug 215.355.60$5.484.6%2.3K0.454.2K
$120.00Aug 2126.7028.00$27.354.8%2730.951.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 189.8010.20$10.004.0%1250.44496
$160.00Sep 1818.9019.80$19.354.7%120.64148
$155.00Sep 1815.5016.30$15.905.0%920.57547
$140.00Sep 187.457.85$7.655.2%940.37489
$165.00Aug 2820.1521.35$20.755.8%--0.7715

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.66, cheapest $0.47)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Aug 70.420.51$0.4719.1%7000.1140
$155.00Aug 70.760.81$0.796.3%2.8K0.18684
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$138.00Aug 70.470.55$0.5115.7%2400.13--
$139.00Aug 70.600.72$0.6618.2%3320.1610
$140.00Aug 70.780.91$0.8515.3%2.4K0.192

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 197 found (avg delta 0.79, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 727.7030.00$28.858.0%550.99169
$120.00Aug 725.9528.00$26.987.6%1910.99566
$121.00Aug 724.5027.00$25.759.7%1500.99276
$125.00Aug 720.9523.00$21.989.3%2.3K0.992.5K
$126.00Aug 719.7022.00$20.8511.0%640.99392
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 717.0519.10$18.0811.3%--0.9515
$162.50Aug 715.6016.80$16.207.4%500.94--
$160.00Aug 712.2514.20$13.2314.7%620.92--
$170.00Aug 1422.1024.60$23.3510.7%910.9294
$175.00Aug 2127.3529.80$28.588.6%150.9120

Most actively traded options today. High liquidity = easy entry/exit. 392 active (total vol 94.1K, top 9.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 71.851.96$1.915.8%9.9K0.353.9K
$160.00Aug 70.270.33$0.3020.0%5.5K0.082.0K
$130.00Aug 715.8017.15$16.488.2%5.2K0.986.1K
$160.00Sep 186.156.60$6.387.1%3.9K0.3683.8K
$145.00Aug 73.854.30$4.0811.0%3.4K0.591.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 70.780.91$0.8515.3%2.4K0.192
$145.00Aug 72.352.57$2.468.9%2.4K0.413
$135.00Aug 70.180.27$0.2339.1%2.0K0.0649
$136.00Aug 70.260.34$0.3026.7%1.4K0.083
$130.00Aug 70.050.10$0.0862.5%6640.02303

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 46.2%, max 132.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$119.00Aug 7Sep 11125.0%53.9%132.1%42217
$118.00Aug 7Sep 4116.0%57.9%100.2%56173
$120.00Aug 7Sep 18107.9%54.4%98.3%4593.0K
$123.00Aug 7Sep 11109.9%55.8%96.9%111335
$124.00Aug 7Sep 11104.3%53.3%95.6%88201
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$119.00Aug 7Sep 11125.0%53.9%132.1%32243
$118.00Aug 7Sep 11116.0%55.9%107.4%129757
$120.00Aug 7Sep 18107.9%54.4%98.2%9644.2K
$123.00Aug 7Sep 11109.9%55.8%96.9%64208
$122.00Aug 7Sep 4109.1%57.4%90.0%115195

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 193 found (best R:R 18.23, avg 2.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$170.00$172.50Aug 14$0.13$2.37$0.1318.23$170.13
$157.50$160.00Aug 7$0.17$2.33$0.1713.71$157.67
$170.00$175.00Aug 21$0.43$4.57$0.4310.63$170.43
$170.00$175.00Aug 28$0.43$4.57$0.4310.63$170.43
$167.50$170.00Aug 14$0.24$2.26$0.249.42$167.74
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$127.00$125.00Aug 28$0.17$1.83$0.1710.76$126.83
$140.00$138.00Sep 11$0.18$1.82$0.1810.11$139.82
$137.00$136.00Aug 7$0.10$0.90$0.109.00$136.90
$138.00$137.00Aug 7$0.11$0.89$0.118.09$137.89
$132.00$131.00Aug 21$0.12$0.88$0.127.33$131.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 286 found (best R:R 16.86, avg 1.85)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$119.00$120.00Aug 14$0.90$0.90$0.109.00$119.90
$119.00$120.00Aug 28$0.90$0.90$0.109.00$119.90
$126.00$127.00Sep 4$0.90$0.90$0.109.00$126.90
$141.00$142.00Sep 11$0.90$0.90$0.109.00$141.90
$138.00$139.00Aug 7$0.88$0.88$0.127.33$138.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$170.00$165.00Aug 14$4.72$4.72$0.2816.86$165.28
$175.00$170.00Aug 21$4.58$4.58$0.4210.90$170.42
$160.00$157.50Aug 7$2.23$2.23$0.278.26$157.77
$137.00$136.00Sep 4$0.89$0.89$0.118.09$136.11
$175.00$170.00Sep 4$4.38$4.38$0.627.06$170.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $1.19, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$120.00Aug 7Aug 14$0.20107.9%64.1%
$123.00Aug 7Aug 14$0.20109.9%60.2%
$118.00Aug 7Aug 14$0.23116.0%66.9%
$175.00Aug 7Aug 14$0.2492.5%63.8%
$119.00Aug 7Aug 14$0.28125.0%62.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$122.00Aug 7Aug 14$0.06109.1%58.8%
$118.00Aug 7Aug 14$0.07116.0%66.9%
$120.00Aug 7Aug 14$0.09107.9%64.2%
$123.00Aug 7Aug 14$0.09109.9%60.2%
$121.00Aug 7Aug 14$0.12103.9%64.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 183 found (cheapest 4.47% of stock, avg 13.49%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$145.00Aug 7$4.08$2.46$6.54$138.46$151.544.47%
$146.00Aug 7$3.58$2.98$6.56$139.44$152.564.48%
$147.00Aug 7$3.10$3.50$6.60$140.40$153.604.51%
$144.00Aug 7$4.63$2.03$6.66$137.34$150.664.55%
$148.00Aug 7$2.67$4.15$6.82$141.18$154.824.66%
$143.00Aug 7$5.18$1.68$6.86$136.14$149.864.68%
$149.00Aug 7$2.31$4.65$6.96$142.04$155.964.75%
$150.00Aug 7$1.91$5.32$7.23$142.77$157.234.94%
$142.00Aug 7$6.00$1.36$7.36$134.64$149.365.03%
$141.00Aug 7$6.60$1.08$7.68$133.32$148.685.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.78% of stock, avg 6.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$152.50$142.00Aug 7$1.25$1.36$2.61$139.39$155.11
$152.50$143.00Aug 7$1.25$1.68$2.93$140.07$155.43
$150.00$142.00Aug 7$1.91$1.36$3.27$138.73$153.27
$152.50$144.00Aug 7$1.25$2.03$3.28$140.72$155.78
$150.00$143.00Aug 7$1.91$1.68$3.59$139.41$153.59
$149.00$142.00Aug 7$2.31$1.36$3.67$138.33$152.67
$152.50$145.00Aug 7$1.25$2.46$3.71$141.29$156.21
$150.00$144.00Aug 7$1.91$2.03$3.94$140.06$153.94
$149.00$143.00Aug 7$2.31$1.68$3.99$139.01$152.99
$148.00$142.00Aug 7$2.67$1.36$4.03$137.97$152.03

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 53 found (best R:R 17.75, avg credit $2.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
119/120125/128Sep 11$2.84$0.1617.75$117.16$127.84
123/125128/130Sep 11$1.89$0.1117.18$123.11$129.89
125/130135/140Sep 18$4.65$0.3513.29$125.35$139.65
155/160165/170Sep 18$4.55$0.4510.11$155.45$169.55
150/155160/165Sep 18$4.48$0.528.62$150.52$164.48
120/121130/134Sep 11$3.55$0.457.89$117.45$133.55
120/121123/124Aug 28$0.87$0.136.69$120.13$123.87
123/124126/127Aug 28$0.87$0.136.69$123.13$126.87
120/125135/140Sep 18$4.34$0.666.58$120.66$139.34
140/145150/155Sep 18$4.33$0.676.46$140.67$154.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 159 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Sep 4$0.11$4.8944.45
$162.50$165.00$167.50Aug 7$0.06$2.4440.67
$150.00$152.50$155.00Aug 14$0.06$2.4440.67
$165.00$170.00$175.00Aug 21$0.14$4.8634.71
$157.50$160.00$162.50Aug 7$0.08$2.4230.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$150.00$152.50$155.00Aug 14$0.05$2.4549.00
$152.50$155.00$157.50Aug 14$0.10$2.4024.00
$150.00$152.50$155.00Aug 7$0.12$2.3819.83
$128.00$129.00$130.00Aug 7$0.06$0.9415.67
$133.00$134.00$135.00Aug 7$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 113 found (best net $-3.23, 110 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$175.001:2Aug 21-$0.27$4.73
$165.00$170.001:2Aug 21-$0.56$4.44
$160.00$165.001:2Aug 21-$0.79$4.21
$170.00$175.001:2Aug 28-$0.90$4.10
$165.00$170.001:2Aug 28-$0.94$4.06
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$150.001:2Aug 28-$3.23$6.77
$125.00$120.001:2Sep 18-$0.92$4.08
$130.00$125.001:2Sep 11-$1.18$3.82
$130.00$125.001:2Sep 18-$1.56$3.44
$135.00$130.001:2Sep 18-$2.46$2.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 6.62%, avg 2.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$9.700.492.4%6.62%9.04%8425.4K
$150.00Sep 11$8.450.492.4%5.77%8.19%311
$155.00Sep 18$7.700.425.8%5.26%11.09%2681.3K
$150.00Sep 4$7.600.472.4%5.19%7.61%159162
$150.00Aug 28$6.700.472.4%4.57%6.99%55346
$155.00Sep 11$6.450.415.8%4.40%10.23%2314
$160.00Sep 18$6.150.369.2%4.20%13.44%3.9K83.8K
$155.00Sep 4$5.900.405.8%4.03%9.86%6468
$150.00Aug 21$5.350.452.4%3.65%6.07%2.3K4.2K
$147.00Aug 14$5.150.510.4%3.52%3.89%961

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 86,941
Total Puts 69,842
Put/Call Ratio 0.80
Net Difference 17,099

Prior's Put/Call Breakdown

Total Calls 25,114
Total Puts 16,246
Put/Call Ratio 0.65
Net Difference 8,868

Prior 7-Day Put/Call Summary

Total Calls 540,425
Total Puts 346,261
Average Put/Call Ratio 0.68
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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