Tour v381
SM
SM ENERGY CO
$32.22 +3.01%
$32.18 (-0.12%)🌙
as of 07/21 07:03 PM
7/21 19:03

Option Volume

Detail
Current (07/21) 1,491
Calls: 1,038 (70%)
Puts: 453 (30%)
Prior (07/20) 1,731
Calls: 1,426 (82%)
Puts: 305 (18%)
Current vs Prior -13.86%
Calls: -27.21% (Calls)
Puts: +48.52% (Puts)
Prior 7-Day Total 13,564
Calls: 9,560 (70%)
Puts: 4,004 (30%)
Prior 7-Day Average 1,937
Calls: 1,365 (70%)
Puts: 572 (30%)
Current vs Prior 7-Day Avg -23.05%
Calls: -24.00%
Puts: -20.80%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $383.3K
Calls: $324.9K (85%)
Puts: $58.4K (15%)
Prior (07/20) $379.1K
Calls: $350.3K (92%)
Puts: $28.8K (8%)
Current vs Prior +1.12%
Calls: -7.25%
Puts: +102.90%
Prior 7-Day Total $2.91M
Calls: $2.44M (84%)
Puts: $462.8K (16%)
Prior 7-Day Average $415.1K
Calls: $349.0K (84%)
Puts: $66.1K (16%)
Current vs Prior 7-Day Avg -7.65%
Calls: -6.89%
Puts: -11.66%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/21) 0.44
Prior (07/20) 0.21
Current vs Prior +104.04%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg -36.38%
Sentiment BULLISH

Open Interest

Detail
Current (07/21) 28,209
Calls: 20,978 (74%)
Puts: 7,231 (26%)
Prior (07/20) 26,892
Calls: 20,340 (76%)
Puts: 6,552 (24%)
Current vs Prior +4.90%
Prior 7-Day Total 176,301
Calls: 135,772 (77%)
Puts: 40,529 (23%)
Prior 7-Day Average 25,185
Calls: 19,396 (77%)
Puts: 5,789 (23%)
Current vs Prior 7-Day Avg +12.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 13.66% | 17.88%
Prior 14.32% | 18.61%
Current vs Prior -4.65% | -3.92%
Prior 7-Day Avg 13.44% | 15.87%
Current vs 7-Day Avg +1.62% | +12.65%
Prior 7-Day Eod 14.32% | 18.61%
Current vs 7-Day Eod -4.65% | -3.92%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Prior 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($324.9K) vs puts ($58.4K). Extreme bullish P/C ratio of 0.44 - heavy call buying (1,038 calls vs 453 puts). P/C ratio rising 104% - increased hedging/bearish positioning. Call-heavy open interest (20,978 calls vs 7,231 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 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

📈 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 4 of results (avg 7.9%, best 5.6%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 215.205.50$5.355.6%890.83715
$25.00Aug 217.307.90$7.607.9%10.92--
$30.00Aug 213.403.70$3.558.5%340.692.3K
$32.50Aug 212.002.20$2.109.5%1450.512.2K
PUTS (0)
No puts meet the criteria

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 4 found (avg delta 0.74, highest 0.92)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 217.307.90$7.607.9%10.92--
$27.50Aug 215.205.50$5.355.6%890.83715
$30.00Aug 213.403.70$3.558.5%340.692.3K
$32.50Aug 212.002.20$2.109.5%1450.512.2K
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 825, top 287)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 211.101.25$1.1812.7%2870.352.0K
$32.50Aug 212.002.20$2.109.5%1450.512.2K
$37.50Aug 210.550.70$0.6323.8%1100.21817
$27.50Aug 215.205.50$5.355.6%890.83715
$30.00Aug 213.403.70$3.558.5%340.692.3K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 210.400.65$0.5347.2%550.161.5K
$25.00Aug 210.150.20$0.1827.8%350.072.3K
$32.50Aug 212.152.45$2.3013.0%340.49737
$30.00Aug 211.001.30$1.1526.1%170.311.1K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 7 found (best R:R 7.93, avg 3.47)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$37.50$40.00Aug 21$0.28$2.22$0.287.93$37.78
$35.00$37.50Aug 21$0.55$1.95$0.553.55$35.55
$32.50$35.00Aug 21$0.92$1.58$0.921.72$33.42
$30.00$32.50Aug 21$1.45$1.05$1.450.72$31.45
BEAR PUT (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Aug 21$0.35$2.15$0.356.14$27.15
$30.00$27.50Aug 21$0.62$1.88$0.623.03$29.38
$32.50$30.00Aug 21$1.15$1.35$1.151.17$31.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 9 found (best R:R 9.00, avg 1.70)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$27.50Aug 21$2.25$2.25$0.259.00$27.25
$27.50$30.00Aug 21$1.80$1.80$0.702.57$29.30
$30.00$32.50Aug 21$1.45$1.45$1.051.38$31.45
$32.50$35.00Aug 21$0.92$0.92$1.580.58$33.42
$35.00$37.50Aug 21$0.55$0.55$1.950.28$35.55
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.15$1.15$1.350.85$31.35
$30.00$27.50Aug 21$0.62$0.62$1.880.33$29.38
$27.50$25.00Aug 21$0.35$0.35$2.150.16$27.15

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 4 found (cheapest 13.66% of stock, avg 17.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Aug 21$2.10$2.30$4.40$28.10$36.9013.66%
$30.00Aug 21$3.55$1.15$4.70$25.30$34.7014.59%
$27.50Aug 21$5.35$0.53$5.88$21.62$33.3818.25%
$25.00Aug 21$7.60$0.18$7.78$17.22$32.7824.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 1.64% of stock, avg 5.46%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.00$25.00Aug 21$0.35$0.18$0.53$24.47$40.53
$37.50$25.00Aug 21$0.63$0.18$0.81$24.19$38.31
$40.00$27.50Aug 21$0.35$0.53$0.88$26.62$40.88
$37.50$27.50Aug 21$0.63$0.53$1.16$26.34$38.66
$35.00$25.00Aug 21$1.18$0.18$1.36$23.64$36.36
$40.00$30.00Aug 21$0.35$1.15$1.50$28.50$41.50
$35.00$27.50Aug 21$1.18$0.53$1.71$25.79$36.71
$37.50$30.00Aug 21$0.63$1.15$1.78$28.22$39.28
$35.00$30.00Aug 21$1.18$1.15$2.33$27.67$37.33
$40.00$32.50Aug 21$0.35$2.30$2.65$29.85$42.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 2.57, avg credit $1.26)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
25/2830/32Aug 21$1.80$0.702.57$25.70$31.80
30/3235/38Aug 21$1.70$0.802.12$30.80$36.70
28/3032/35Aug 21$1.54$0.961.60$28.46$34.04
30/3238/40Aug 21$1.43$1.071.34$31.07$38.93
25/2832/35Aug 21$1.27$1.231.03$26.23$33.77
28/3035/38Aug 21$1.17$1.330.88$28.83$36.17
25/2835/38Aug 21$0.90$1.600.56$26.60$35.90
28/3038/40Aug 21$0.90$1.600.56$29.10$38.40
25/2838/40Aug 21$0.63$1.870.34$26.87$38.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 8.26, cheapest $0.27)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$35.00$37.50$40.00Aug 21$0.27$2.238.26
$27.50$30.00$32.50Aug 21$0.35$2.156.14
$32.50$35.00$37.50Aug 21$0.37$2.135.76
$25.00$27.50$30.00Aug 21$0.45$2.054.56
$30.00$32.50$35.00Aug 21$0.53$1.973.72
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.27$2.238.26
$27.50$30.00$32.50Aug 21$0.53$1.973.72

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 8 found (best net $--, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$37.50$40.001:2Aug 21-$0.07$2.43
$35.00$37.501:2Aug 21-$0.08$2.42
$32.50$35.001:2Aug 21-$0.26$2.24
$30.00$32.501:2Aug 21-$0.65$1.85
$27.50$30.001:2Aug 21-$1.75$0.75
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$32.50$30.001:2Aug 21$0.00$2.50
$30.00$27.501:2Aug 21$0.09$2.41
$27.50$25.001:2Aug 21$0.17$2.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 6.21%, avg 3.06%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Aug 21$2.000.510.9%6.21%7.08%1452.2K
$35.00Aug 21$1.100.358.6%3.41%12.04%2872.0K
$37.50Aug 21$0.550.2116.4%1.71%18.09%110817
$40.00Aug 21$0.300.1324.1%0.93%25.08%184.0K

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 1,038
Total Puts 453
Put/Call Ratio 0.44
Net Difference 585

Prior's Put/Call Breakdown

Total Calls 1,426
Total Puts 305
Put/Call Ratio 0.21
Net Difference 1,121

Prior 7-Day Put/Call Summary

Total Calls 9,560
Total Puts 4,004
Average Put/Call Ratio 0.69
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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