Tour v490
SLM
SLM CORP
$27.86 +2.80%
$27.79 (-0.25%)🌙
as of 08/04 07:11 PM
8/4 19:11

Option Volume

Detail
Current (08/04) 373
Calls: 141 (38%)
Puts: 232 (62%)
Prior (08/03) 723
Calls: 464 (64%)
Puts: 259 (36%)
Current vs Prior -48.41%
Calls: -69.61% (Calls)
Puts: -10.42% (Puts)
Prior 7-Day Total 1,460
Calls: 838 (57%)
Puts: 622 (43%)
Prior 7-Day Average 208
Calls: 119 (57%)
Puts: 88 (43%)
Current vs Prior 7-Day Avg +78.84%
Calls: +17.78%
Puts: +161.09%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/04) $62.8K
Calls: $30.4K (48%)
Puts: $32.4K (52%)
Prior (08/03) $66.0K
Calls: $43.6K (66%)
Puts: $22.4K (34%)
Current vs Prior -4.83%
Calls: -30.26%
Puts: +44.66%
Prior 7-Day Total $207.7K
Calls: $104.9K (51%)
Puts: $102.8K (49%)
Prior 7-Day Average $29.7K
Calls: $15.0K (51%)
Puts: $14.7K (49%)
Current vs Prior 7-Day Avg +111.80%
Calls: +103.00%
Puts: +120.79%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/04) 1.65
Prior (08/03) 0.56
Current vs Prior +194.77%
Prior 7-Day Average 1.51
Current vs Prior 7-Day Avg +8.71%
Sentiment BEARISH

Open Interest

Detail
Current (08/04) 4,497
Calls: 4,372 (97%)
Puts: 125 (3%)
Prior (08/03) 959
Calls: 782 (82%)
Puts: 177 (18%)
Current vs Prior +368.93%
Prior 7-Day Total 10,591
Calls: 10,084 (95%)
Puts: 507 (5%)
Prior 7-Day Average 1,513
Calls: 1,440 (94%)
Puts: 84 (6%)
Current vs Prior 7-Day Avg +197.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 5.06% | 13.57%
Prior 8.60% | 13.95%
Current vs Prior -41.14% | -2.73%
Prior 7-Day Avg 9.38% | 12.48%
Current vs 7-Day Avg -46.03% | +8.73%
Prior 7-Day Eod 8.60% | 13.95%
Current vs 7-Day Eod -41.14% | -2.73%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 47.61% | 43.00%
Calls: 33.33% | 53.57%
Puts: 61.90% | 32.43%
Prior 47.61% | 43.00%
Calls: 33.33% | 53.57%
Puts: 61.90% | 32.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 47.61% | 43.00%
Calls: 33.33% | 53.57%
Puts: 61.90% | 32.43%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Dollar volume significantly above 7-day average (112% higher). Below-average activity with volume down 48% vs prior. Volume explosion - 79% above 7-day average (373 vs avg 208). Extreme bearish P/C ratio of 1.65 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 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
💧 Low Volume

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1 of results (avg 7.8%, best 7.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.00Sep 184.905.30$5.107.8%20.9313
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.55, cheapest $0.55)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Sep 180.500.60$0.5518.2%250.28--
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 3 found (avg delta 0.83, highest 0.93)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$23.00Sep 184.905.30$5.107.8%20.9313
$27.00Aug 210.251.50$0.88142.0%220.72--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 211.152.80$1.9883.3%350.8316

Most actively traded options today. High liquidity = easy entry/exit. 10 active (total vol 195, top 50)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Sep 180.500.60$0.5518.2%250.28--
$27.00Aug 210.251.50$0.88142.0%220.72--
$28.00Sep 181.101.45$1.2727.6%80.494.2K
$23.00Sep 184.905.30$5.107.8%20.9313
$29.00Aug 210.050.60$0.33166.7%10.29147
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$26.00Aug 210.000.30$0.15200.0%500.1451
$27.00Aug 210.100.55$0.33136.4%500.293
$30.00Aug 211.152.80$1.9883.3%350.8316
$22.00Aug 210.000.50$0.25200.0%10.0931

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 0.1%, max 0.1%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$30.00Aug 21Sep 1835.0%35.0%0.1%2611
PUTS (0)
No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 5 found (best R:R 6.69, avg 3.30)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$29.00$30.00Aug 21$0.13$0.87$0.136.69$29.13
$27.00$29.00Aug 21$0.55$1.45$0.552.64$27.55
$28.00$30.00Sep 18$0.72$1.28$0.721.78$28.72
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.00$26.00Aug 21$0.18$0.82$0.184.56$26.82
$30.00$27.00Aug 21$1.65$1.35$1.650.82$28.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 3.27, avg 0.97)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$23.00$28.00Sep 18$3.83$3.83$1.173.27$26.83
$28.00$30.00Sep 18$0.72$0.72$1.280.56$28.72
$27.00$29.00Aug 21$0.55$0.55$1.450.38$27.55
$29.00$30.00Aug 21$0.13$0.13$0.870.15$29.13
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$30.00$27.00Aug 21$1.65$1.65$1.351.22$28.35
$27.00$26.00Aug 21$0.18$0.18$0.820.22$26.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.35, cheapest $0.35)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$30.00Aug 21Sep 18$0.3535.0%35.0%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 2 found (cheapest 4.34% of stock, avg 6.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.00Aug 21$0.88$0.33$1.21$25.79$28.214.34%
$30.00Aug 21$0.20$1.98$2.18$27.82$32.187.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 6 found (cheapest 1.26% of stock, avg 1.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$30.00$26.00Aug 21$0.20$0.15$0.35$25.65$30.35
$30.00$22.00Aug 21$0.20$0.25$0.45$21.55$30.45
$29.00$26.00Aug 21$0.33$0.15$0.48$25.52$29.48
$30.00$27.00Aug 21$0.20$0.33$0.53$26.47$30.53
$29.00$22.00Aug 21$0.33$0.25$0.58$21.42$29.58
$29.00$27.00Aug 21$0.33$0.33$0.66$26.34$29.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 0.45, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
26/2729/30Aug 21$0.31$0.690.45$26.69$29.31

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

No setups found for this strategy

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 6 found (best net $-0.35, 2 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$29.00$30.001:2Aug 21-$0.07$0.93
$23.00$28.001:2Sep 18$2.56$2.44
$28.00$30.001:2Sep 18$0.17$1.83
$27.00$29.001:2Aug 21$0.22$1.78
PUTS (2)
Buy KSell KRatioExpiryNetMax Gain
$26.00$22.001:2Aug 21-$0.35$3.65
$30.00$27.001:2Aug 21$1.32$1.68

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 3.95%, avg 2.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$28.00Sep 18$1.100.490.5%3.95%4.45%84.2K
$30.00Sep 18$0.500.287.7%1.79%9.48%25--

Historical option prices for this thinly-traded ticker. Live quotes are wide and stale — use where each contract actually traded plus its 30-day range to place a limit order. 103 contracts (avg 398 vol/day, 100 traded recently)

SLM averages only 398 option contracts/day, so quotes are thin and bid/ask spreads run wide. Use the last actually-traded price below to set a limit order rather than chasing the displayed ask. Most tradeable call: the $23.00 09-18 call last traded $2.80 on 07/21 (now $4.90/$5.30) — try a limit near $4.90. Also watch the $28.00 09-18 call last traded $0.55 on 07/30 (now $1.10/$1.45) — try a limit near $1.10; the $28.00 01-15 call last traded $1.65 on 07/30 (now $2.10/$3.20) — try a limit near $2.10. Most tradeable put: the $31.00 11-20 put last traded $5.65 on 07/30 (now $2.80/$5.60) — try a limit near $4.20.
CALLS (58)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$28.00Aug 21$0.10$0.90$0.50$0.25 07/31$0.20–$0.68$0.25--
$28.00Sep 18$1.10$1.45$1.27$0.55 07/30$0.43–$1.50$1.104.2K
$28.00Nov 20$2.05$2.45$2.25$1.65 07/06$1.00–$2.25$2.05--
$28.00Jan 15$2.10$3.20$2.65$1.65 07/30$1.23–$2.65$2.104
$27.00Aug 21$0.25$1.50$0.88$0.45 07/31$0.23–$0.88$0.45--
$27.00Sep 18$1.65$3.00$2.33$1.21 07/20$0.40–$2.33$1.65--
$27.00Oct 16$1.30$3.60$2.45$0.90 06/17$0.83–$2.45$1.30--
$27.00Jan 15$3.00$4.10$3.55$2.13 07/28$1.65–$3.55$3.00--
$29.00Aug 21$0.05$0.60$0.33$0.15 07/23$0.10–$1.18$0.15147
$29.00Sep 18$0.35$1.00$0.68$0.55 07/09$0.33–$1.38$0.55--
$29.00Oct 16$0.50$1.60$1.05$0.75 07/09$0.53–$1.43$0.75--
$29.00Nov 20$1.20$2.00$1.60$0.75 06/23$0.68–$1.60$1.20--
$29.00Jan 15$1.75$2.75$2.25$1.18 07/30$0.93–$2.25$1.7516
$26.00Aug 21$2.00$2.25$2.13$0.82 07/31$0.43–$2.13$2.00--
$26.00Sep 18$1.25$3.40$2.33$1.40 07/31$0.75–$2.33$1.40--
$26.00Oct 16$1.90$4.90$3.40$1.12 06/17$1.13–$3.40$1.90--
$26.00Nov 20$2.00$4.40$3.20$2.40 07/31$1.40–$3.20$2.40--
$26.00Jan 15$2.55$4.60$3.58$2.55 07/30$1.95–$3.58$2.55--
$30.00Aug 21$0.00$0.40$0.20$0.05 07/20$0.18–$1.18$0.0511
$30.00Sep 18$0.50$0.60$0.55$0.50 07/14$0.25–$1.13$0.50--
$30.00Nov 20$1.35$1.65$1.50$0.75 06/24$0.53–$1.50$1.35--
$30.00Jan 15$1.50$2.85$2.17$1.40 07/23$0.83–$2.17$1.50--
$25.00Aug 21$1.85$3.10$2.48$1.15 07/29$0.68–$2.48$1.85--
$25.00Sep 18$2.00$4.30$3.15$2.47 07/01$1.05–$3.15$2.47--
$25.00Oct 16$2.20$4.50$3.35$2.20 07/28$1.50–$3.45$2.20--
$25.00Jan 15$3.50$5.70$4.60$3.06 07/28$2.30–$4.60$3.5021
$25.00Nov 20$3.50$5.10$4.30--$4.30–$4.30$3.501
$31.00Aug 21$0.00$0.95$0.48$0.15 07/15$0.13–$1.13$0.15--
$31.00Nov 20$0.70$1.35$1.02$0.85 06/25$0.50–$2.53$0.852
$31.00Jan 15$0.35$2.05$1.20$1.40 07/06$0.68–$1.65$1.20--
$24.00Aug 21$2.55$5.20$3.88$2.00 07/30$1.10–$3.88$2.55--
$24.00Sep 18$2.80$4.60$3.70$1.91 07/27$1.35–$3.70$2.80--
$24.00Oct 16$3.20$6.20$4.70$2.06 07/23$2.00–$4.70$3.20--
$24.00Jan 15$3.70$5.90$4.80$3.63 07/28$2.95–$4.80$3.70--
$32.00Sep 18$0.00$0.45$0.23$0.35 06/29$0.18–$1.20$0.23--
$32.00Nov 20$0.50$1.15$0.83$0.66 07/20$0.48–$0.88$0.661
$23.00Aug 21$3.50$6.70$5.10$3.68 06/29$1.55–$5.10$3.68--
$23.00Sep 18$4.90$5.30$5.10$2.80 07/21$1.33–$5.10$4.9013
$23.00Oct 16$3.80$6.40$5.10$3.38 07/28$2.13–$5.10$3.80--
$23.00Nov 20$4.20$7.30$5.75$2.25 06/16$2.78–$5.75$4.20--
$22.00Sep 18$4.10$7.70$5.90$4.06 07/29$2.72–$5.90$4.10--
$22.00Oct 16$4.70$7.40$6.05$4.00 07/07$3.08–$6.05$4.70--
$22.00Nov 20$5.10$8.40$6.75$5.00 06/30$3.55–$6.75$5.10--
$20.00Nov 20$6.80$10.00$8.40$5.90 06/25$4.80–$8.40$6.80--
$19.00Jan 15$7.80$11.20$9.50$4.50 06/10$6.45–$9.50$7.80--
$37.00Sep 18$0.00$0.65$0.33$0.05 07/23$0.03–$0.33$0.05--
$5.00Sep 18$20.80$24.80$22.80$16.30 06/03$19.30–$22.80$20.80--
$4.00Sep 18$21.80$25.80$23.80$17.20 06/03$20.30–$23.80$21.80--
$4.00Oct 16$21.80$25.80$23.80$17.20 06/03$20.25–$23.80$21.80--
$4.00Nov 20$21.80$25.80$23.80$17.70 06/03$20.25–$23.80$21.80--
$3.00Sep 18$22.80$26.80$24.80$18.80 06/03$21.30–$24.80$22.80--
$3.00Oct 16$22.80$26.80$24.80$18.70 06/03$21.25–$24.80$22.80--
$3.00Nov 20$22.80$26.80$24.80$18.31 06/03$21.25–$24.80$22.80--
$2.00Sep 18$23.80$27.80$25.80$18.80 06/03$22.35–$25.80$23.80--
$2.00Nov 20$23.80$27.80$25.80$18.72 06/03$22.25–$25.80$23.80--
$1.00Sep 18$24.80$28.80$26.80$19.70 06/03$23.25–$26.80$24.80--
$1.00Oct 16$24.80$28.80$26.80$19.10 06/03$23.25–$26.80$24.80--
$1.00Nov 20$24.80$28.80$26.80$20.30 06/03$23.25–$26.80$24.80--
PUTS (45)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$28.00Nov 20$1.45$2.45$1.95--$1.95–$1.95$1.4514
$27.00Sep 18$0.45$1.10$0.78$2.57 07/28$0.78–$3.80$0.78--
$27.00Aug 21$0.10$0.55$0.33--$0.33–$0.33$0.103
$26.00Aug 21$0.00$0.30$0.15$1.45 07/16$0.15–$2.33$0.1551
$30.00Aug 21$1.15$2.80$1.98$4.76 07/27$1.98–$6.05$1.9816
$30.00Nov 20$2.70$3.60$3.15$6.20 07/24$3.15–$6.35$3.15--
$25.00Aug 21$0.00$0.20$0.10$0.65 07/29$0.10–$2.13$0.10--
$25.00Sep 18$0.00$0.60$0.30$1.60 07/27$0.30–$2.50$0.30--
$25.00Oct 16$0.00$0.95$0.48$1.85 07/22$0.48–$2.73$0.48--
$25.00Nov 20$0.70$1.25$0.98$2.10 07/27$0.98–$2.83$0.98--
$31.00Nov 20$2.80$5.60$4.20$5.65 07/30$4.20–$7.45$4.2010
$24.00Aug 21$0.00$0.45$0.23$0.40 07/27$0.20–$1.55$0.23--
$24.00Sep 18$0.00$1.05$0.53$1.25 07/24$0.30–$1.67$0.53--
$24.00Oct 16$0.00$1.00$0.50$1.30 07/20$0.50–$2.17$0.50--
$24.00Nov 20$0.40$1.00$0.70$1.29 07/31$0.70–$2.35$0.70--
$23.00Aug 21$0.00$0.45$0.23$0.45 07/24$0.20–$1.20$0.23--
$23.00Sep 18$0.00$0.30$0.15$0.45 07/29$0.15–$1.73$0.15--
$23.00Oct 16$0.00$2.70$1.35$0.73 07/31$0.63–$1.75$0.73--
$23.00Nov 20$0.00$2.30$1.15$1.05 07/30$0.45–$2.05$1.05--
$23.00Jan 15$0.50$1.50$1.00$1.68 07/27$0.78–$2.18$1.00--
$33.00Nov 20$5.50$6.00$5.75$7.55 07/30$5.75–$9.30$5.75--
$22.00Aug 21$0.00$0.50$0.25$0.05 07/31$0.05–$0.52$0.0531
$22.00Sep 18$0.00$0.25$0.13$0.70 07/09$0.13–$1.38$0.13--
$22.00Oct 16$0.20$0.40$0.30$0.85 06/30$0.30–$1.65$0.30--
$22.00Nov 20$0.00$1.35$0.68$0.70 07/31$0.57–$1.70$0.68--
$22.00Jan 15$0.60$0.95$0.77$1.35 07/22$0.65–$2.03$0.77--
$21.00Aug 21$0.00$0.95$0.48$0.22 07/24$0.38–$1.15$0.22--
$21.00Sep 18$0.00$0.95$0.48$0.45 06/30$0.35–$1.33$0.45--
$21.00Oct 16$0.00$0.60$0.30$0.75 07/07$0.30–$1.40$0.30--
$21.00Nov 20$0.00$2.15$1.08$1.10 06/25$0.55–$1.70$1.08--
$21.00Jan 15$0.00$1.55$0.78$2.08 06/16$0.78–$1.78$0.78--
$35.00Sep 18$6.00$9.00$7.50$10.63 07/24$7.50–$11.35$7.50--
$20.00Sep 18$0.00$0.95$0.48$0.90 06/16$0.30–$1.25$0.48--
$20.00Oct 16$0.00$1.15$0.57$0.75 07/08$0.40–$1.35$0.57--
$20.00Nov 20$0.00$1.15$0.57$1.55 06/10$0.48–$1.48$0.57--
$20.00Jan 15$0.00$1.40$0.70$0.82 07/16$0.70–$1.65$0.70--
$19.00Nov 20$0.00$1.75$0.88$0.70 06/25$0.60–$1.45$0.70--
$18.00Nov 20$0.00$1.35$0.68$0.44 07/21$0.30–$1.35$0.44--
$17.00Sep 18$0.00$0.75$0.38$0.69 07/17$0.38–$1.15$0.38--
$17.00Jan 15$0.00$1.15$0.57$0.40 06/30$0.50–$1.40$0.40--
$16.00Sep 18$0.00$0.95$0.48$0.65 07/17$0.48–$0.50$0.48--
$16.00Jan 15$0.00$1.15$0.57$0.35 06/30$0.57–$1.27$0.35--
$40.00Sep 18$10.80$14.30$12.55$18.18 06/15$12.55–$16.10$12.55--
$15.00Oct 16$0.00$0.95$0.48$0.24 07/08$0.38–$1.13$0.24--
$10.00Nov 20$0.00$1.15$0.57$0.10 07/09$0.48–$1.10$0.10--

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 141
Total Puts 232
Put/Call Ratio 1.65
Net Difference -91

Prior's Put/Call Breakdown

Total Calls 464
Total Puts 259
Put/Call Ratio 0.56
Net Difference 205

Prior 7-Day Put/Call Summary

Total Calls 838
Total Puts 622
Average Put/Call Ratio 1.51
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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