Tour v397
SM
SM ENERGY CO
$33.19 -0.96%
$33.40 (+0.63%)🌙
as of 07/25 03:46 AM
7/24 03:46

Option Volume

Detail
Current (07/25) 1,350
Calls: 975 (72%)
Puts: 375 (28%)
Prior (07/23) 2,093
Calls: 1,617 (77%)
Puts: 476 (23%)
Current vs Prior -35.50%
Calls: -39.70% (Calls)
Puts: -21.22% (Puts)
Prior 7-Day Total 14,850
Calls: 10,176 (69%)
Puts: 4,674 (31%)
Prior 7-Day Average 2,121
Calls: 1,453 (69%)
Puts: 667 (31%)
Current vs Prior 7-Day Avg -36.36%
Calls: -32.93%
Puts: -43.84%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/25) $457.2K
Calls: $379.4K (83%)
Puts: $77.7K (17%)
Prior (07/23) $631.9K
Calls: $466.2K (74%)
Puts: $165.7K (26%)
Current vs Prior -27.65%
Calls: -18.62%
Puts: -53.08%
Prior 7-Day Total $3.67M
Calls: $2.93M (80%)
Puts: $732.4K (20%)
Prior 7-Day Average $523.6K
Calls: $419.0K (80%)
Puts: $104.6K (20%)
Current vs Prior 7-Day Avg -12.69%
Calls: -9.45%
Puts: -25.69%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/25) 0.38
Prior (07/23) 0.29
Current vs Prior +30.66%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg -32.04%
Sentiment BULLISH

Open Interest

Detail
Current (07/25) 18,721
Calls: 12,351 (66%)
Puts: 6,370 (34%)
Prior (07/23) 27,159
Calls: 19,651 (72%)
Puts: 7,508 (28%)
Current vs Prior -31.07%
Prior 7-Day Total 183,392
Calls: 136,737 (75%)
Puts: 46,655 (25%)
Prior 7-Day Average 26,198
Calls: 19,533 (75%)
Puts: 6,665 (25%)
Current vs Prior 7-Day Avg -28.54%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 12.90% | 17.48%
Prior 13.28% | 17.55%
Current vs Prior -2.89% | -0.41%
Prior 7-Day Avg 10.90% | 16.95%
Current vs 7-Day Avg +18.31% | +3.09%
Prior 7-Day Eod 13.28% | 17.55%
Current vs 7-Day Eod -2.89% | -0.41%
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 83% of dollar volume in calls ($379.4K) vs puts ($77.7K). Extreme bullish P/C ratio of 0.38 - heavy call buying (975 calls vs 375 puts). P/C ratio rising 31% - increased hedging/bearish positioning. Call-heavy open interest (12,351 calls vs 6,370 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 1 of results (avg 4.9%, best 4.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 214.004.20$4.104.9%910.762.3K
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 0.71, highest 0.89)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 216.006.90$6.4514.0%50.89701
$30.00Aug 214.004.20$4.104.9%910.762.3K
$32.50Aug 212.352.65$2.5012.0%100.58--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 213.003.40$3.2012.5%280.60112

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 847, top 225)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 211.251.60$1.4324.5%2250.402.1K
$37.50Aug 210.700.90$0.8025.0%2010.26922
$30.00Aug 214.004.20$4.104.9%910.762.3K
$32.50Aug 212.352.65$2.5012.0%100.58--
$27.50Aug 216.006.90$6.4514.0%50.89701
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.601.95$1.7819.7%1810.42--
$27.50Aug 210.100.45$0.28125.0%920.101.5K
$35.00Aug 213.003.40$3.2012.5%280.60112
$30.00Aug 210.701.00$0.8535.3%80.241.1K
$25.00Aug 210.100.30$0.20100.0%40.062.2K

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 5.76, avg 2.35)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$37.50$40.00Aug 21$0.37$2.13$0.375.76$37.87
$35.00$37.50Aug 21$0.63$1.87$0.632.97$35.63
$32.50$35.00Aug 21$1.07$1.43$1.071.34$33.57
$30.00$32.50Aug 21$1.60$0.90$1.600.56$31.60
BEAR PUT (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$30.00$27.50Aug 21$0.57$1.93$0.573.39$29.43
$32.50$30.00Aug 21$0.93$1.57$0.931.69$31.57
$35.00$32.50Aug 21$1.42$1.08$1.420.76$33.58

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 15.67, avg 2.61)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$27.50$30.00Aug 21$2.35$2.35$0.1515.67$29.85
$30.00$32.50Aug 21$1.60$1.60$0.901.78$31.60
$32.50$35.00Aug 21$1.07$1.07$1.430.75$33.57
$35.00$37.50Aug 21$0.63$0.63$1.870.34$35.63
$37.50$40.00Aug 21$0.37$0.37$2.130.17$37.87
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$32.50Aug 21$1.42$1.42$1.081.31$33.58
$32.50$30.00Aug 21$0.93$0.93$1.570.59$31.57
$30.00$27.50Aug 21$0.57$0.57$1.930.30$29.43

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 12.90% of stock, avg 15.51%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Aug 21$2.50$1.78$4.28$28.22$36.7812.90%
$35.00Aug 21$1.43$3.20$4.63$30.37$39.6313.95%
$30.00Aug 21$4.10$0.85$4.95$25.05$34.9514.91%
$27.50Aug 21$6.45$0.28$6.73$20.77$34.2320.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 1.90% of stock, avg 5.01%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.00$25.00Aug 21$0.43$0.20$0.63$24.37$40.63
$40.00$27.50Aug 21$0.43$0.28$0.71$26.79$40.71
$37.50$25.00Aug 21$0.80$0.20$1.00$24.00$38.50
$37.50$27.50Aug 21$0.80$0.28$1.08$26.42$38.58
$40.00$30.00Aug 21$0.43$0.85$1.28$28.72$41.28
$35.00$25.00Aug 21$1.43$0.20$1.63$23.37$36.63
$37.50$30.00Aug 21$0.80$0.85$1.65$28.35$39.15
$35.00$27.50Aug 21$1.43$0.28$1.71$25.79$36.71
$40.00$32.50Aug 21$0.43$1.78$2.21$30.29$42.21
$35.00$30.00Aug 21$1.43$0.85$2.28$27.72$37.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.52, avg credit $1.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
32/3538/40Aug 21$1.79$0.712.52$33.21$39.29
28/3032/35Aug 21$1.64$0.861.91$28.36$34.14
30/3235/38Aug 21$1.56$0.941.66$30.94$36.56
30/3238/40Aug 21$1.30$1.201.08$31.20$38.80
28/3035/38Aug 21$1.20$1.300.92$28.80$36.20
28/3038/40Aug 21$0.94$1.560.60$29.06$38.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 8.62, cheapest $0.26)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$35.00$37.50$40.00Aug 21$0.26$2.248.62
$32.50$35.00$37.50Aug 21$0.44$2.064.68
$30.00$32.50$35.00Aug 21$0.53$1.973.72
$27.50$30.00$32.50Aug 21$0.75$1.752.33
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$27.50$30.00$32.50Aug 21$0.36$2.145.94
$25.00$27.50$30.00Aug 21$0.49$2.014.10
$30.00$32.50$35.00Aug 21$0.49$2.014.10

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 9 found (best net $-0.06, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$37.50$40.001:2Aug 21-$0.06$2.44
$35.00$37.501:2Aug 21-$0.17$2.33
$32.50$35.001:2Aug 21-$0.36$2.14
$30.00$32.501:2Aug 21-$0.90$1.60
$27.50$30.001:2Aug 21-$1.75$0.75
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$27.50$25.001:2Aug 21-$0.12$2.38
$35.00$32.501:2Aug 21-$0.36$2.14
$32.50$30.001:2Aug 21$0.08$2.42
$30.00$27.501:2Aug 21$0.29$2.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 3.77%, avg 2.31%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$35.00Aug 21$1.250.405.5%3.77%9.22%2252.1K
$37.50Aug 21$0.700.2613.0%2.11%15.09%201922
$40.00Aug 21$0.350.1520.5%1.05%21.57%2--

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 975
Total Puts 375
Put/Call Ratio 0.38
Net Difference 600

Prior's Put/Call Breakdown

Total Calls 1,617
Total Puts 476
Put/Call Ratio 0.29
Net Difference 1,141

Prior 7-Day Put/Call Summary

Total Calls 10,176
Total Puts 4,674
Average Put/Call Ratio 0.57
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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