Tour v423
SM
SM ENERGY CO
$30.30 -8.71%
$30.38 (+0.26%)🌙
as of 07/27 07:06 PM
7/27 19:06

Option Volume

Detail
Current (07/27) 1,892
Calls: 792 (42%)
Puts: 1,100 (58%)
Prior (07/24) 1,350
Calls: 975 (72%)
Puts: 375 (28%)
Current vs Prior +40.15%
Calls: -18.77% (Calls)
Puts: +193.33% (Puts)
Prior 7-Day Total 15,073
Calls: 10,379 (69%)
Puts: 4,694 (31%)
Prior 7-Day Average 2,153
Calls: 1,482 (69%)
Puts: 670 (31%)
Current vs Prior 7-Day Avg -12.13%
Calls: -46.58%
Puts: +64.04%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27) $554.9K
Calls: $152.7K (28%)
Puts: $402.3K (72%)
Prior (07/24) $457.2K
Calls: $379.4K (83%)
Puts: $77.7K (17%)
Current vs Prior +21.39%
Calls: -59.76%
Puts: +417.39%
Prior 7-Day Total $3.87M
Calls: $3.10M (80%)
Puts: $763.7K (20%)
Prior 7-Day Average $552.3K
Calls: $443.2K (80%)
Puts: $109.1K (20%)
Current vs Prior 7-Day Avg +0.48%
Calls: -65.55%
Puts: +268.69%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27) 1.39
Prior (07/24) 0.38
Current vs Prior +261.11%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +150.19%
Sentiment BEARISH

Open Interest

Detail
Current (07/27) 31,827
Calls: 25,501 (80%)
Puts: 6,326 (20%)
Prior (07/24) 18,721
Calls: 12,351 (66%)
Puts: 6,370 (34%)
Current vs Prior +70.01%
Prior 7-Day Total 185,044
Calls: 137,377 (74%)
Puts: 47,667 (26%)
Prior 7-Day Average 26,434
Calls: 19,625 (74%)
Puts: 6,809 (26%)
Current vs Prior 7-Day Avg +20.40%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 12.48% | 17.26%
Prior 12.90% | 17.48%
Current vs Prior -3.26% | -1.23%
Prior 7-Day Avg 12.17% | 17.38%
Current vs 7-Day Avg +2.52% | -0.69%
Prior 7-Day Eod 12.90% | 17.48%
Current vs 7-Day Eod -3.26% | -1.23%
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

Moderately bearish flow with 72% put dollar volume ($402.3K). Bearish P/C ratio of 1.39 indicates protective positioning. P/C ratio rising 261% - increased hedging/bearish positioning. Call-heavy open interest (25,501 calls vs 6,326 puts) suggests bullish positioning.

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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2 of results (avg 8.9%, best 8.2%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 213.503.80$3.658.2%10.77700
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.003.30$3.159.5%3220.64892

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 0.72, highest 0.91)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 217.809.00$8.4014.3%230.91--
$27.50Aug 213.503.80$3.658.2%10.77700
$30.00Aug 211.952.30$2.1316.4%860.572.3K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.003.30$3.159.5%3220.64892

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 1.0K, top 322)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 210.500.65$0.5726.3%1080.222.2K
$32.50Aug 211.001.25$1.1322.1%870.372.3K
$30.00Aug 211.952.30$2.1316.4%860.572.3K
$37.50Aug 210.150.40$0.2889.3%810.121.0K
$22.50Aug 217.809.00$8.4014.3%230.91--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.003.30$3.159.5%3220.64892
$27.50Aug 210.600.80$0.7028.6%2670.241.5K
$30.00Aug 211.501.80$1.6518.2%350.441.1K
$25.00Aug 210.200.30$0.2540.0%140.10--
$22.50Aug 210.000.70$0.35200.0%100.09--

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 7.62, avg 2.87)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.29$2.21$0.297.62$35.29
$32.50$35.00Aug 21$0.56$1.94$0.563.46$33.06
$30.00$32.50Aug 21$1.00$1.50$1.001.50$31.00
$27.50$30.00Aug 21$1.52$0.98$1.520.64$29.02
BEAR PUT (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Aug 21$0.45$2.05$0.454.56$27.05
$30.00$27.50Aug 21$0.95$1.55$0.951.63$29.05
$32.50$30.00Aug 21$1.50$1.00$1.500.67$31.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 19.00, avg 3.00)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.50$27.50Aug 21$4.75$4.75$0.2519.00$27.25
$27.50$30.00Aug 21$1.52$1.52$0.981.55$29.02
$30.00$32.50Aug 21$1.00$1.00$1.500.67$31.00
$32.50$35.00Aug 21$0.56$0.56$1.940.29$33.06
$35.00$37.50Aug 21$0.29$0.29$2.210.13$35.29
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.50$1.50$1.001.50$31.00
$30.00$27.50Aug 21$0.95$0.95$1.550.61$29.05
$27.50$25.00Aug 21$0.45$0.45$2.050.22$27.05

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 12.48% of stock, avg 17.46%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$30.00Aug 21$2.13$1.65$3.78$26.22$33.7812.48%
$32.50Aug 21$1.13$3.15$4.28$28.22$36.7814.13%
$27.50Aug 21$3.65$0.70$4.35$23.15$31.8514.36%
$22.50Aug 21$8.40$0.35$8.75$13.75$31.2528.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 1.75% of stock, avg 4.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$37.50$25.00Aug 21$0.28$0.25$0.53$24.47$38.03
$37.50$22.50Aug 21$0.28$0.35$0.63$21.87$38.13
$35.00$25.00Aug 21$0.57$0.25$0.82$24.18$35.82
$35.00$22.50Aug 21$0.57$0.35$0.92$21.58$35.92
$37.50$27.50Aug 21$0.28$0.70$0.98$26.52$38.48
$35.00$27.50Aug 21$0.57$0.70$1.27$26.23$36.27
$32.50$25.00Aug 21$1.13$0.25$1.38$23.62$33.88
$32.50$22.50Aug 21$1.13$0.35$1.48$21.02$33.98
$32.50$27.50Aug 21$1.13$0.70$1.83$25.67$34.33
$37.50$30.00Aug 21$0.28$1.65$1.93$28.07$39.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.52, avg credit $1.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3235/38Aug 21$1.79$0.712.52$30.71$36.79
28/3032/35Aug 21$1.51$0.991.53$28.49$34.01
25/2830/32Aug 21$1.45$1.051.38$26.05$31.45
28/3035/38Aug 21$1.24$1.260.98$28.76$36.24
25/2832/35Aug 21$1.01$1.490.68$26.49$33.51
25/2835/38Aug 21$0.74$1.760.42$26.76$35.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 8.26, cheapest $0.27)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$32.50$35.00$37.50Aug 21$0.27$2.238.26
$30.00$32.50$35.00Aug 21$0.44$2.064.68
$27.50$30.00$32.50Aug 21$0.52$1.983.81
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.50$2.004.00
$22.50$25.00$27.50Aug 21$0.55$1.953.55
$27.50$30.00$32.50Aug 21$0.55$1.953.55

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 $-0.01, 5 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$32.50$35.001:2Aug 21-$0.01$2.49
$30.00$32.501:2Aug 21-$0.13$2.37
$27.50$30.001:2Aug 21-$0.61$1.89
$22.50$27.501:2Aug 21$1.10$3.90
$35.00$37.501:2Aug 21$0.01$2.49
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$32.50$30.001:2Aug 21-$0.15$2.35
$25.00$22.501:2Aug 21-$0.45$2.05
$27.50$25.001:2Aug 21$0.20$2.30
$30.00$27.501:2Aug 21$0.25$2.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 3.30%, avg 1.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Aug 21$1.000.377.3%3.30%10.56%872.3K
$35.00Aug 21$0.500.2215.5%1.65%17.16%1082.2K
$37.50Aug 21$0.150.1223.8%0.50%24.26%811.0K

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 792
Total Puts 1,100
Put/Call Ratio 1.39
Net Difference -308

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,379
Total Puts 4,694
Average Put/Call Ratio 0.56
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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