Tour v477
SM
SM ENERGY CO
$32.52 +2.81%
$32.89 (+1.14%)🌙
as of 07/31 07:08 PM
7/31 19:08

Option Volume

Detail
Current (07/31) 1,053
Calls: 944 (90%)
Puts: 109 (10%)
Prior (07/30) 789
Calls: 657 (83%)
Puts: 132 (17%)
Current vs Prior +33.46%
Calls: +43.68% (Calls)
Puts: -17.42% (Puts)
Prior 7-Day Total 11,569
Calls: 8,120 (70%)
Puts: 3,449 (30%)
Prior 7-Day Average 1,652
Calls: 1,160 (70%)
Puts: 492 (30%)
Current vs Prior 7-Day Avg -36.29%
Calls: -18.62%
Puts: -77.88%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $329.8K
Calls: $301.4K (91%)
Puts: $28.4K (9%)
Prior (07/30) $240.9K
Calls: $207.7K (86%)
Puts: $33.2K (14%)
Current vs Prior +36.88%
Calls: +45.12%
Puts: -14.60%
Prior 7-Day Total $3.43M
Calls: $2.48M (72%)
Puts: $950.3K (28%)
Prior 7-Day Average $490.0K
Calls: $354.3K (72%)
Puts: $135.8K (28%)
Current vs Prior 7-Day Avg -32.70%
Calls: -14.93%
Puts: -79.09%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.12
Prior (07/30) 0.20
Current vs Prior -42.53%
Prior 7-Day Average 0.47
Current vs Prior 7-Day Avg -75.22%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 20,302
Calls: 16,619 (82%)
Puts: 3,683 (18%)
Prior (07/30) 23,694
Calls: 18,165 (77%)
Puts: 5,529 (23%)
Current vs Prior -14.32%
Prior 7-Day Total 178,725
Calls: 135,128 (76%)
Puts: 43,597 (24%)
Prior 7-Day Average 25,532
Calls: 19,304 (76%)
Puts: 6,228 (24%)
Current vs Prior 7-Day Avg -20.48%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.56% | 16.24%
Prior 12.11% | 16.53%
Current vs Prior -4.51% | -1.81%
Prior 7-Day Avg 12.53% | 17.20%
Current vs 7-Day Avg -7.70% | -5.62%
Prior 7-Day Eod 12.11% | 16.53%
Current vs 7-Day Eod -4.51% | -1.81%
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 91% of dollar volume in calls ($301.4K) vs puts ($28.4K). Extreme bullish P/C ratio of 0.12 - heavy call buying (944 calls vs 109 puts). P/C ratio dropping 43% - sentiment shifting bullish. Call-heavy open interest (16,619 calls vs 3,683 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 2 of results (avg 8.7%, best 8.0%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.801.95$1.888.0%1780.522.3K
$25.00Aug 217.107.80$7.459.4%200.90628
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.95, cheapest $0.95)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 210.901.00$0.9510.5%980.332.2K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 3 found (avg delta 0.72, highest 0.90)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 217.107.80$7.459.4%200.90628
$30.00Aug 213.103.50$3.3012.1%330.732.2K
$32.50Aug 211.801.95$1.888.0%1780.522.3K
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 8 active (total vol 480, top 178)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.801.95$1.888.0%1780.522.3K
$35.00Aug 210.901.00$0.9510.5%980.332.2K
$37.50Aug 210.400.50$0.4522.2%900.181.1K
$30.00Aug 213.103.50$3.3012.1%330.732.2K
$25.00Aug 217.107.80$7.459.4%200.90628
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 210.200.70$0.45111.1%550.151.5K
$30.00Aug 210.701.00$0.8535.3%30.27--
$32.50Aug 211.752.00$1.8813.3%30.48863

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. 5 found (best R:R 5.25, avg 2.63)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.50$2.00$0.504.00$35.50
$32.50$35.00Aug 21$0.93$1.57$0.931.69$33.43
$30.00$32.50Aug 21$1.42$1.08$1.420.76$31.42
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$30.00$27.50Aug 21$0.40$2.10$0.405.25$29.60
$32.50$30.00Aug 21$1.03$1.47$1.031.43$31.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 4.88, avg 1.32)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$30.00Aug 21$4.15$4.15$0.854.88$29.15
$30.00$32.50Aug 21$1.42$1.42$1.081.31$31.42
$32.50$35.00Aug 21$0.93$0.93$1.570.59$33.43
$35.00$37.50Aug 21$0.50$0.50$2.000.25$35.50
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.03$1.03$1.470.70$31.47
$30.00$27.50Aug 21$0.40$0.40$2.100.19$29.60

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. 2 found (cheapest 11.56% of stock, avg 12.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Aug 21$1.88$1.88$3.76$28.74$36.2611.56%
$30.00Aug 21$3.30$0.85$4.15$25.85$34.1512.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 6 found (cheapest 2.77% of stock, avg 5.41%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$37.50$27.50Aug 21$0.45$0.45$0.90$26.60$38.40
$37.50$30.00Aug 21$0.45$0.85$1.30$28.70$38.80
$35.00$27.50Aug 21$0.95$0.45$1.40$26.10$36.40
$35.00$30.00Aug 21$0.95$0.85$1.80$28.20$36.80
$37.50$32.50Aug 21$0.45$1.88$2.33$30.17$39.83
$35.00$32.50Aug 21$0.95$1.88$2.83$29.67$37.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.58, avg credit $1.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3235/38Aug 21$1.53$0.971.58$30.97$36.53
28/3032/35Aug 21$1.33$1.171.14$28.67$33.83
28/3035/38Aug 21$0.90$1.600.56$29.10$35.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 3 found (best R:R 4.81, cheapest $0.43)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$32.50$35.00$37.50Aug 21$0.43$2.074.81
$30.00$32.50$35.00Aug 21$0.49$2.014.10
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$27.50$30.00$32.50Aug 21$0.63$1.872.97

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 6 found (best net $-0.02, 3 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$32.50$35.001:2Aug 21-$0.02$2.48
$30.00$32.501:2Aug 21-$0.46$2.04
$25.00$30.001:2Aug 21$0.85$4.15
$35.00$37.501:2Aug 21$0.05$2.45
PUTS (2)
Buy KSell KRatioExpiryNetMax Gain
$30.00$27.501:2Aug 21-$0.05$2.45
$32.50$30.001:2Aug 21$0.18$2.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 2 found (best yield 2.77%, avg 2.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$35.00Aug 21$0.900.337.6%2.77%10.39%982.2K
$37.50Aug 21$0.400.1815.3%1.23%16.54%901.1K

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 944
Total Puts 109
Put/Call Ratio 0.12
Net Difference 835

Prior's Put/Call Breakdown

Total Calls 657
Total Puts 132
Put/Call Ratio 0.20
Net Difference 525

Prior 7-Day Put/Call Summary

Total Calls 8,120
Total Puts 3,449
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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