Tour v390
SM
SM ENERGY CO
$33.19 +3.01%
$33.55 (+1.08%)🌙
as of 07/22 08:51 PM
7/22 20:52

Option Volume

Detail
Current (07/22) 3,532
Calls: 2,625 (74%)
Puts: 907 (26%)
Prior (07/21) 1,491
Calls: 1,038 (70%)
Puts: 453 (30%)
Current vs Prior +136.89%
Calls: +152.89% (Calls)
Puts: +100.22% (Puts)
Prior 7-Day Total 14,780
Calls: 10,485 (71%)
Puts: 4,295 (29%)
Prior 7-Day Average 2,111
Calls: 1,497 (71%)
Puts: 613 (29%)
Current vs Prior 7-Day Avg +67.28%
Calls: +75.25%
Puts: +47.82%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $1.01M
Calls: $823.8K (82%)
Puts: $185.2K (18%)
Prior (07/21) $383.3K
Calls: $324.9K (85%)
Puts: $58.4K (15%)
Current vs Prior +163.24%
Calls: +153.56%
Puts: +217.10%
Prior 7-Day Total $3.23M
Calls: $2.74M (85%)
Puts: $489.3K (15%)
Prior 7-Day Average $461.7K
Calls: $391.8K (85%)
Puts: $69.9K (15%)
Current vs Prior 7-Day Avg +118.57%
Calls: +110.29%
Puts: +164.97%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.35
Prior (07/21) 0.44
Current vs Prior -20.83%
Prior 7-Day Average 0.54
Current vs Prior 7-Day Avg -36.44%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 28,827
Calls: 21,115 (73%)
Puts: 7,712 (27%)
Prior (07/21) 28,209
Calls: 20,978 (74%)
Puts: 7,231 (26%)
Current vs Prior +2.19%
Prior 7-Day Total 191,922
Calls: 146,736 (76%)
Puts: 45,186 (24%)
Prior 7-Day Average 27,417
Calls: 20,962 (76%)
Puts: 6,455 (24%)
Current vs Prior 7-Day Avg +5.14%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 13.20% | 17.48%
Prior 13.66% | 17.88%
Current vs Prior -3.36% | -2.25%
Prior 7-Day Avg 8.52% | 16.28%
Current vs 7-Day Avg +54.96% | +7.37%
Prior 7-Day Eod 13.66% | 17.88%
Current vs 7-Day Eod -3.36% | -2.25%
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 82% of dollar volume in calls ($823.8K) vs puts ($185.2K). Massive premium surge with dollar volume up 163% vs prior. Dollar volume significantly above 7-day average (119% higher). Unusually high activity with volume up 137% 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 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 3 of results (avg 9.5%, best 9.5%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 212.502.75$2.639.5%640.592.2K
$30.00Aug 214.004.40$4.209.5%1640.772.3K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 213.003.30$3.159.5%280.59--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.83, cheapest $0.83)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 210.750.90$0.8318.1%1410.27913
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 4 found (avg delta 0.71, highest 0.88)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 216.006.70$6.3511.0%1210.88741
$30.00Aug 214.004.40$4.209.5%1640.772.3K
$32.50Aug 212.502.75$2.639.5%640.592.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 213.003.30$3.159.5%280.59--

Most actively traded options today. High liquidity = easy entry/exit. 12 active (total vol 934, top 164)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 214.004.40$4.209.5%1640.772.3K
$35.00Aug 211.451.65$1.5512.9%1640.422.1K
$37.50Aug 210.750.90$0.8318.1%1410.27913
$27.50Aug 216.006.70$6.3511.0%1210.88741
$32.50Aug 212.502.75$2.639.5%640.592.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.601.90$1.7517.1%1070.41736
$35.00Aug 213.003.30$3.159.5%280.59--
$25.00Aug 210.100.20$0.1566.7%250.052.2K
$30.00Aug 210.700.90$0.8025.0%200.231.1K
$27.50Aug 210.250.50$0.3865.8%150.121.5K

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. 9 found (best R:R 10.36, avg 4.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$40.00$42.50Aug 21$0.22$2.28$0.2210.36$40.22
$37.50$40.00Aug 21$0.38$2.12$0.385.58$37.88
$35.00$37.50Aug 21$0.72$1.78$0.722.47$35.72
$32.50$35.00Aug 21$1.08$1.42$1.081.31$33.58
$30.00$32.50Aug 21$1.57$0.93$1.570.59$31.57
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Aug 21$0.23$2.27$0.239.87$27.27
$30.00$27.50Aug 21$0.42$2.08$0.424.95$29.58
$32.50$30.00Aug 21$0.95$1.55$0.951.63$31.55
$35.00$32.50Aug 21$1.40$1.10$1.400.79$33.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 6.14, avg 1.15)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$27.50$30.00Aug 21$2.15$2.15$0.356.14$29.65
$30.00$32.50Aug 21$1.57$1.57$0.931.69$31.57
$32.50$35.00Aug 21$1.08$1.08$1.420.76$33.58
$35.00$37.50Aug 21$0.72$0.72$1.780.40$35.72
$37.50$40.00Aug 21$0.38$0.38$2.120.18$37.88
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$32.50Aug 21$1.40$1.40$1.101.27$33.60
$32.50$30.00Aug 21$0.95$0.95$1.550.61$31.55
$30.00$27.50Aug 21$0.42$0.42$2.080.20$29.58
$27.50$25.00Aug 21$0.23$0.23$2.270.10$27.27

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 13.20% of stock, avg 15.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Aug 21$2.63$1.75$4.38$28.12$36.8813.20%
$35.00Aug 21$1.55$3.15$4.70$30.30$39.7014.16%
$30.00Aug 21$4.20$0.80$5.00$25.00$35.0015.06%
$27.50Aug 21$6.35$0.38$6.73$20.77$34.2320.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 16 found (cheapest 1.14% of stock, avg 4.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.50$25.00Aug 21$0.23$0.15$0.38$24.62$42.88
$40.00$25.00Aug 21$0.45$0.15$0.60$24.40$40.60
$42.50$27.50Aug 21$0.23$0.38$0.61$26.89$43.11
$40.00$27.50Aug 21$0.45$0.38$0.83$26.67$40.83
$37.50$25.00Aug 21$0.83$0.15$0.98$24.02$38.48
$42.50$30.00Aug 21$0.23$0.80$1.03$28.97$43.53
$37.50$27.50Aug 21$0.83$0.38$1.21$26.29$38.71
$40.00$30.00Aug 21$0.45$0.80$1.25$28.75$41.25
$37.50$30.00Aug 21$0.83$0.80$1.63$28.37$39.13
$35.00$25.00Aug 21$1.55$0.15$1.70$23.30$36.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 2.57, avg credit $1.20)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
25/2830/32Aug 21$1.80$0.702.57$25.70$31.80
32/3538/40Aug 21$1.78$0.722.47$33.22$39.28
30/3235/38Aug 21$1.67$0.832.01$30.83$36.67
32/3540/42Aug 21$1.62$0.881.84$33.38$41.62
28/3032/35Aug 21$1.50$1.001.50$28.50$34.00
30/3238/40Aug 21$1.33$1.171.14$31.17$38.83
25/2832/35Aug 21$1.31$1.191.10$26.19$33.81
30/3240/42Aug 21$1.17$1.330.88$31.33$41.17
28/3035/38Aug 21$1.14$1.360.84$28.86$36.14
25/2835/38Aug 21$0.95$1.550.61$26.55$35.95

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 14.62, cheapest $0.16)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.16$2.3414.62
$35.00$37.50$40.00Aug 21$0.34$2.166.35
$32.50$35.00$37.50Aug 21$0.36$2.145.94
$30.00$32.50$35.00Aug 21$0.49$2.014.10
$27.50$30.00$32.50Aug 21$0.58$1.923.31
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.19$2.3112.16
$30.00$32.50$35.00Aug 21$0.45$2.054.56
$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. 10 found (best net $-0.01, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$42.501:2Aug 21-$0.01$2.49
$37.50$40.001:2Aug 21-$0.07$2.43
$35.00$37.501:2Aug 21-$0.11$2.39
$32.50$35.001:2Aug 21-$0.47$2.03
$30.00$32.501:2Aug 21-$1.06$1.44
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$35.00$32.501:2Aug 21-$0.35$2.15
$30.00$27.501:2Aug 21$0.04$2.46
$27.50$25.001:2Aug 21$0.08$2.42
$32.50$30.001:2Aug 21$0.15$2.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.37%, avg 2.07%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$35.00Aug 21$1.450.425.5%4.37%9.82%1642.1K
$37.50Aug 21$0.750.2713.0%2.26%15.25%141913
$40.00Aug 21$0.350.1620.5%1.05%21.57%604.0K
$42.50Aug 21$0.200.0928.1%0.60%28.65%25584

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 2,625
Total Puts 907
Put/Call Ratio 0.35
Net Difference 1,718

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,485
Total Puts 4,295
Average Put/Call Ratio 0.54
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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