Tour v452
SM
SM ENERGY CO
$29.65 -2.15%
$29.99 (+1.15%)🌙
as of 07/28 07:05 PM
7/28 19:05

Option Volume

Detail
Current (07/28) 934
Calls: 660 (71%)
Puts: 274 (29%)
Prior (07/27) 1,892
Calls: 792 (42%)
Puts: 1,100 (58%)
Current vs Prior -50.63%
Calls: -16.67% (Calls)
Puts: -75.09% (Puts)
Prior 7-Day Total 14,320
Calls: 10,283 (72%)
Puts: 4,037 (28%)
Prior 7-Day Average 2,045
Calls: 1,469 (72%)
Puts: 576 (28%)
Current vs Prior 7-Day Avg -54.34%
Calls: -55.07%
Puts: -52.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $186.9K
Calls: $156.1K (83%)
Puts: $30.9K (17%)
Prior (07/27) $554.9K
Calls: $152.7K (28%)
Puts: $402.3K (72%)
Current vs Prior -66.31%
Calls: +2.24%
Puts: -92.33%
Prior 7-Day Total $3.98M
Calls: $3.02M (76%)
Puts: $954.4K (24%)
Prior 7-Day Average $568.5K
Calls: $432.1K (76%)
Puts: $136.3K (24%)
Current vs Prior 7-Day Avg -67.11%
Calls: -63.88%
Puts: -77.37%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.42
Prior (07/27) 1.39
Current vs Prior -70.11%
Prior 7-Day Average 0.47
Current vs Prior 7-Day Avg -11.83%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 21,757
Calls: 17,091 (79%)
Puts: 4,666 (21%)
Prior (07/27) 31,827
Calls: 25,501 (80%)
Puts: 6,326 (20%)
Current vs Prior -31.64%
Prior 7-Day Total 194,529
Calls: 144,857 (74%)
Puts: 49,672 (26%)
Prior 7-Day Average 27,789
Calls: 20,693 (74%)
Puts: 7,096 (26%)
Current vs Prior 7-Day Avg -21.71%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.97% | 16.69%
Prior 12.48% | 17.26%
Current vs Prior -4.03% | -3.28%
Prior 7-Day Avg 13.50% | 17.82%
Current vs 7-Day Avg -11.32% | -6.33%
Prior 7-Day Eod 12.48% | 17.26%
Current vs 7-Day Eod -4.03% | -3.28%
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 ($156.1K) vs puts ($30.9K). Light premium activity with dollar volume down 66% vs prior. Below-average activity with volume down 51% vs prior. Extreme bullish P/C ratio of 0.42 - heavy call buying (660 calls vs 274 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 8.4%, best 8.4%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.403.70$3.558.5%20.69866

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

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 210.750.90$0.8318.1%1750.281.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 4 found (avg delta 0.75, highest 0.94)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 216.808.20$7.5018.7%30.94--
$25.00Aug 214.705.40$5.0513.9%50.88629
$30.00Aug 211.501.80$1.6518.2%330.502.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.403.70$3.558.5%20.69866

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 385, top 175)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 210.750.95$0.8523.5%780.312.3K
$35.00Aug 210.350.50$0.4334.9%760.182.2K
$30.00Aug 211.501.80$1.6518.2%330.502.2K
$37.50Aug 210.100.35$0.22113.6%70.101.0K
$25.00Aug 214.705.40$5.0513.9%50.88629
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 210.750.90$0.8318.1%1750.281.5K
$25.00Aug 210.200.40$0.3066.7%30.12--
$22.50Aug 210.100.25$0.1883.3%20.06--
$32.50Aug 213.403.70$3.558.5%20.69866
$30.00Aug 211.802.00$1.9010.5%10.50--

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 19.83, avg 6.20)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.21$2.29$0.2110.90$35.21
$32.50$35.00Aug 21$0.42$2.08$0.424.95$32.92
$30.00$32.50Aug 21$0.80$1.70$0.802.13$30.80
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$22.50Aug 21$0.12$2.38$0.1219.83$24.88
$27.50$25.00Aug 21$0.53$1.97$0.533.72$26.97
$30.00$27.50Aug 21$1.07$1.43$1.071.34$28.93
$32.50$30.00Aug 21$1.65$0.85$1.650.52$30.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 2.12, avg 0.74)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$30.00Aug 21$3.40$3.40$1.602.12$28.40
$30.00$32.50Aug 21$0.80$0.80$1.700.47$30.80
$32.50$35.00Aug 21$0.42$0.42$2.080.20$32.92
$35.00$37.50Aug 21$0.21$0.21$2.290.09$35.21
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.65$1.65$0.851.94$30.85
$30.00$27.50Aug 21$1.07$1.07$1.430.75$28.93
$27.50$25.00Aug 21$0.53$0.53$1.970.27$26.97
$25.00$22.50Aug 21$0.12$0.12$2.380.05$24.88

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 11.97% of stock, avg 17.69%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$30.00Aug 21$1.65$1.90$3.55$26.45$33.5511.97%
$32.50Aug 21$0.85$3.55$4.40$28.10$36.9014.84%
$25.00Aug 21$5.05$0.30$5.35$19.65$30.3518.04%
$22.50Aug 21$7.50$0.18$7.68$14.82$30.1825.90%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 1.35% of stock, avg 4.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$37.50$22.50Aug 21$0.22$0.18$0.40$22.10$37.90
$37.50$25.00Aug 21$0.22$0.30$0.52$24.48$38.02
$35.00$22.50Aug 21$0.43$0.18$0.61$21.89$35.61
$35.00$25.00Aug 21$0.43$0.30$0.73$24.27$35.73
$32.50$22.50Aug 21$0.85$0.18$1.03$21.47$33.53
$37.50$27.50Aug 21$0.22$0.83$1.05$26.45$38.55
$32.50$25.00Aug 21$0.85$0.30$1.15$23.85$33.65
$35.00$27.50Aug 21$0.43$0.83$1.26$26.24$36.26
$32.50$27.50Aug 21$0.85$0.83$1.68$25.82$34.18
$37.50$30.00Aug 21$0.22$1.90$2.12$27.88$39.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 2.91, avg credit $1.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3235/38Aug 21$1.86$0.642.91$30.64$36.86
28/3032/35Aug 21$1.49$1.011.48$28.51$33.99
25/2830/32Aug 21$1.33$1.171.14$26.17$31.33
28/3035/38Aug 21$1.28$1.221.05$28.72$36.28
25/2832/35Aug 21$0.95$1.550.61$26.55$33.45
22/2530/32Aug 21$0.92$1.580.58$24.08$30.92
25/2835/38Aug 21$0.74$1.760.42$26.76$35.74
22/2532/35Aug 21$0.54$1.960.28$24.46$33.04
22/2535/38Aug 21$0.33$2.170.15$24.67$35.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 5 found (best R:R 10.90, cheapest $0.21)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$32.50$35.00$37.50Aug 21$0.21$2.2910.90
$30.00$32.50$35.00Aug 21$0.38$2.125.58
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$22.50$25.00$27.50Aug 21$0.41$2.095.10
$25.00$27.50$30.00Aug 21$0.54$1.963.63
$27.50$30.00$32.50Aug 21$0.58$1.923.31

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 $-0.01, 5 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$32.50$35.001:2Aug 21-$0.01$2.49
$35.00$37.501:2Aug 21-$0.01$2.49
$30.00$32.501:2Aug 21-$0.05$2.45
$25.00$30.001:2Aug 21$1.75$3.25
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$25.00$22.501:2Aug 21-$0.06$2.44
$32.50$30.001:2Aug 21-$0.25$2.25
$27.50$25.001:2Aug 21$0.23$2.27
$30.00$27.501:2Aug 21$0.24$2.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 5.06%, avg 2.28%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$30.00Aug 21$1.500.501.2%5.06%6.24%332.2K
$32.50Aug 21$0.750.319.6%2.53%12.14%782.3K
$35.00Aug 21$0.350.1818.0%1.18%19.22%762.2K
$37.50Aug 21$0.100.1026.5%0.34%26.81%71.0K

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 660
Total Puts 274
Put/Call Ratio 0.42
Net Difference 386

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,283
Total Puts 4,037
Average Put/Call Ratio 0.47
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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