Tour v487
SM
SM ENERGY CO
$31.93 -1.81%
$31.60 (-1.03%)🌙
as of 08/03 06:54 PM
8/3 18:54

Option Volume

Detail
Current (08/03) 820
Calls: 675 (82%)
Puts: 145 (18%)
Prior (07/31) 1,053
Calls: 944 (90%)
Puts: 109 (10%)
Current vs Prior -22.13%
Calls: -28.50% (Calls)
Puts: +33.03% (Puts)
Prior 7-Day Total 9,090
Calls: 6,439 (71%)
Puts: 2,651 (29%)
Prior 7-Day Average 1,298
Calls: 919 (71%)
Puts: 378 (29%)
Current vs Prior 7-Day Avg -36.85%
Calls: -26.62%
Puts: -61.71%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $205.5K
Calls: $159.3K (78%)
Puts: $46.2K (22%)
Prior (07/31) $329.8K
Calls: $301.4K (91%)
Puts: $28.4K (9%)
Current vs Prior -37.68%
Calls: -47.14%
Puts: +62.80%
Prior 7-Day Total $2.75M
Calls: $1.96M (71%)
Puts: $793.5K (29%)
Prior 7-Day Average $393.0K
Calls: $279.6K (71%)
Puts: $113.4K (29%)
Current vs Prior 7-Day Avg -47.70%
Calls: -43.03%
Puts: -59.23%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.21
Prior (07/31) 0.12
Current vs Prior +86.04%
Prior 7-Day Average 0.43
Current vs Prior 7-Day Avg -50.42%
Sentiment BULLISH

Open Interest

Detail
Current (08/03) 20,204
Calls: 17,561 (87%)
Puts: 2,643 (13%)
Prior (07/31) 20,302
Calls: 16,619 (82%)
Puts: 3,683 (18%)
Current vs Prior -0.48%
Prior 7-Day Total 170,200
Calls: 130,632 (77%)
Puts: 39,568 (23%)
Prior 7-Day Average 24,314
Calls: 18,661 (77%)
Puts: 5,652 (23%)
Current vs Prior 7-Day Avg -16.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 10.99% | 15.91%
Prior 11.56% | 16.24%
Current vs Prior -4.92% | -2.01%
Prior 7-Day Avg 12.29% | 17.03%
Current vs 7-Day Avg -10.58% | -6.56%
Prior 7-Day Eod 11.56% | 16.24%
Current vs 7-Day Eod -4.92% | -2.01%
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 78% of dollar volume in calls ($159.3K) vs puts ($46.2K). Extreme bullish P/C ratio of 0.21 - heavy call buying (675 calls vs 145 puts). P/C ratio rising 86% - increased hedging/bearish positioning. Call-heavy open interest (17,561 calls vs 2,643 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 -- of results (avg --%, best --%)

No options available for this category

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 0.75, highest 0.90)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 218.409.80$9.1015.4%50.90--
$27.50Aug 214.305.00$4.6515.1%50.86--
$30.00Aug 212.753.10$2.9311.9%100.692.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.902.15$2.0312.3%20.53--

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 304, top 142)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.351.60$1.4816.9%1420.472.3K
$37.50Aug 210.200.40$0.3066.7%740.141.1K
$40.00Aug 210.100.30$0.20100.0%380.094.0K
$35.00Aug 210.600.80$0.7028.6%130.272.2K
$30.00Aug 212.753.10$2.9311.9%100.692.2K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 210.801.05$0.9326.9%90.301.1K
$27.50Aug 210.250.40$0.3345.5%50.13--
$32.50Aug 211.902.15$2.0312.3%20.53--
$25.00Aug 210.100.35$0.22113.6%10.08--

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. 6 found (best R:R 21.73, avg 5.73)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.40$2.10$0.405.25$35.40
$32.50$35.00Aug 21$0.78$1.72$0.782.21$33.28
$30.00$32.50Aug 21$1.45$1.05$1.450.72$31.45
BEAR PUT (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Aug 21$0.11$2.39$0.1121.73$27.39
$30.00$27.50Aug 21$0.60$1.90$0.603.17$29.40
$32.50$30.00Aug 21$1.10$1.40$1.101.27$31.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 8.09, avg 1.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.50$27.50Aug 21$4.45$4.45$0.558.09$26.95
$27.50$30.00Aug 21$1.72$1.72$0.782.21$29.22
$30.00$32.50Aug 21$1.45$1.45$1.051.38$31.45
$32.50$35.00Aug 21$0.78$0.78$1.720.45$33.28
$35.00$37.50Aug 21$0.40$0.40$2.100.19$35.40
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.10$1.10$1.400.79$31.40
$30.00$27.50Aug 21$0.60$0.60$1.900.32$29.40
$27.50$25.00Aug 21$0.11$0.11$2.390.05$27.39

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. 3 found (cheapest 10.99% of stock, avg 12.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Aug 21$1.48$2.03$3.51$28.99$36.0110.99%
$30.00Aug 21$2.93$0.93$3.86$26.14$33.8612.09%
$27.50Aug 21$4.65$0.33$4.98$22.52$32.4815.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 12 found (cheapest 1.32% of stock, avg 3.64%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.00$25.00Aug 21$0.20$0.22$0.42$24.58$40.42
$37.50$25.00Aug 21$0.30$0.22$0.52$24.48$38.02
$40.00$27.50Aug 21$0.20$0.33$0.53$26.97$40.53
$37.50$27.50Aug 21$0.30$0.33$0.63$26.87$38.13
$35.00$25.00Aug 21$0.70$0.22$0.92$24.08$35.92
$35.00$27.50Aug 21$0.70$0.33$1.03$26.47$36.03
$40.00$30.00Aug 21$0.20$0.93$1.13$28.87$41.13
$37.50$30.00Aug 21$0.30$0.93$1.23$28.77$38.73
$35.00$30.00Aug 21$0.70$0.93$1.63$28.37$36.63
$32.50$25.00Aug 21$1.48$0.22$1.70$23.30$34.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 1.66, avg credit $1.14)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
25/2830/32Aug 21$1.56$0.941.66$25.94$31.56
30/3235/38Aug 21$1.50$1.001.50$31.00$36.50
28/3032/35Aug 21$1.38$1.121.23$28.62$33.88
28/3035/38Aug 21$1.00$1.500.67$29.00$36.00
25/2832/35Aug 21$0.89$1.610.55$26.61$33.39
25/2835/38Aug 21$0.51$1.990.26$26.99$35.51

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 (4)
LowMidHighExpiryDebitMax GainR:R
$27.50$30.00$32.50Aug 21$0.27$2.238.26
$35.00$37.50$40.00Aug 21$0.30$2.207.33
$32.50$35.00$37.50Aug 21$0.38$2.125.58
$30.00$32.50$35.00Aug 21$0.67$1.832.73
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.49$2.014.10
$27.50$30.00$32.50Aug 21$0.50$2.004.00

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 $-0.20, 5 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$22.50$27.501:2Aug 21-$0.20$4.80
$30.00$32.501:2Aug 21-$0.03$2.47
$37.50$40.001:2Aug 21-$0.10$2.40
$27.50$30.001:2Aug 21-$1.21$1.29
$32.50$35.001:2Aug 21$0.08$2.42
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$27.50$25.001:2Aug 21-$0.11$2.39
$32.50$30.001:2Aug 21$0.17$2.33
$30.00$27.501:2Aug 21$0.27$2.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.23%, avg 1.76%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Aug 21$1.350.471.8%4.23%6.01%1422.3K
$35.00Aug 21$0.600.279.6%1.88%11.49%132.2K
$37.50Aug 21$0.200.1417.4%0.63%18.07%741.1K
$40.00Aug 21$0.100.0925.3%0.31%25.59%384.0K

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 675
Total Puts 145
Put/Call Ratio 0.21
Net Difference 530

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 6,439
Total Puts 2,651
Average Put/Call Ratio 0.43
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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