Tour v490
SM
SM ENERGY CO
$31.43 -1.58%
8/4 14:08

Option Volume

Detail
Current (08/04 2:05pm) 534
Calls: 453 (85%)
Puts: 81 (15%)
Prior (05/05) 1,467
Calls: 1,391 (95%)
Puts: 76 (5%)
Current vs Prior -63.60%
Calls: -67.43% (Calls)
Puts: +6.58% (Puts)
Prior 7-Day Total 11,120
Calls: 9,385 (84%)
Puts: 1,735 (16%)
Prior 7-Day Average 2,780
Calls: 1,340 (84%)
Puts: 247 (16%)
Current vs Prior 7-Day Avg -80.79%
Calls: -66.21%
Puts: -67.32%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04 2:05pm) $157.4K
Calls: $141.6K (90%)
Puts: $15.8K (10%)
Prior (05/05) $1.07M
Calls: $1.06M (99%)
Puts: $7.8K (1%)
Current vs Prior -85.32%
Calls: -86.69%
Puts: +103.94%
Prior 7-Day Total $4.95M
Calls: $4.69M (95%)
Puts: $265.5K (5%)
Prior 7-Day Average $1.24M
Calls: $669.3K (95%)
Puts: $37.9K (5%)
Current vs Prior 7-Day Avg -87.28%
Calls: -78.84%
Puts: -58.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04 2:05pm) 0.18
Prior (05/05) 0.05
Current vs Prior +227.27%
Prior 7-Day Average 0.17
Current vs Prior 7-Day Avg +2.46%
Sentiment BULLISH

Open Interest

Detail
Current (08/04 2:05pm) 72,784
Calls: 54,781 (75%)
Puts: 18,003 (25%)
Prior (05/05) 74,708
Calls: 52,278 (70%)
Puts: 22,430 (30%)
Current vs Prior -2.58%
Prior 7-Day Total 236,010
Calls: 159,384 (68%)
Puts: 76,626 (32%)
Prior 7-Day Average 59,002
Calls: 39,846 (68%)
Puts: 19,156 (32%)
Current vs Prior 7-Day Avg +23.36%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.55% | 16.48%
Prior 9.03% | 14.70%
Current vs Prior +27.91% | +12.08%
Prior 7-Day Avg 33.70% | 36.67%
Current vs 7-Day Avg -65.73% | -55.05%
Prior 7-Day Eod 9.03% | 14.70%
Current vs 7-Day Eod +27.91% | +12.08%
Sentiment BEARISH

Relative Spread

Detail
Expiry | Next
Current 12.16% | 12.46%
Calls: 11.28% | 12.02%
Puts: 13.04% | 12.90%
Prior 20.71% | 16.30%
Calls: 13.02% | 12.37%
Puts: 28.41% | 20.23%
Current vs Prior -41.28% | -23.56%
Prior 7-Day Avg 29.43% | 54.53%
Calls: 18.34% | 18.77%
Puts: 40.53% | 90.29%
Current vs 7-Day Avg -58.68% | -77.15%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($141.6K) vs puts ($15.8K). Light premium activity with dollar volume down 85% vs prior. Below-average activity with volume down 64% vs prior. Extreme bullish P/C ratio of 0.18 - heavy call buying (453 calls vs 81 puts).

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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:10BULLISHBULLISHBULLISH
14:05BULLISHBULLISHBULLISH

📈 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 6 of results (avg 8.3%, best 5.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Sep 186.807.20$7.005.7%200.8814
$30.00Aug 212.452.65$2.557.8%330.672.2K
$27.50Sep 184.705.10$4.908.2%20.7832
$22.50Aug 218.509.30$8.909.0%240.971.1K
$27.50Aug 214.204.60$4.409.1%--0.86691
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 213.904.30$4.109.8%--0.7784

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. 12 found (avg delta 0.75, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 218.509.30$8.909.0%240.971.1K
$25.00Aug 215.906.80$6.3514.2%--0.94628
$25.00Sep 186.807.20$7.005.7%200.8814
$27.50Aug 214.204.60$4.409.1%--0.86691
$27.50Sep 184.705.10$4.908.2%20.7832
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Sep 186.407.20$6.8011.8%--0.7955
$35.00Aug 213.904.30$4.109.8%--0.7784
$35.00Sep 184.505.00$4.7510.5%--0.67230
$32.50Aug 212.152.45$2.3013.0%280.56863
$32.50Sep 182.903.30$3.1012.9%210.53148

Most actively traded options today. High liquidity = easy entry/exit. 19 active (total vol 321, top 92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.251.40$1.3311.3%920.442.3K
$30.00Aug 212.452.65$2.557.8%330.672.2K
$22.50Aug 218.509.30$8.909.0%240.971.1K
$32.50Sep 181.952.20$2.0812.0%230.47185
$25.00Sep 186.807.20$7.005.7%200.8814
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 212.152.45$2.3013.0%280.56863
$32.50Sep 182.903.30$3.1012.9%210.53148
$30.00Aug 210.901.10$1.0020.0%200.341.1K
$27.50Sep 180.750.95$0.8523.5%30.22202
$27.50Aug 210.250.35$0.3033.3%20.141.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 12.4%, max 18.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Aug 21Sep 1870.9%59.9%18.3%20642
$37.50Aug 21Sep 1865.3%56.5%15.6%121.1K
$40.00Aug 21Sep 1866.4%57.8%14.9%114.1K
$30.00Aug 21Sep 1861.5%54.9%12.1%442.3K
$32.50Aug 21Sep 1865.0%58.6%10.9%1152.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Aug 21Sep 1870.9%59.9%18.3%--2.4K
$30.00Aug 21Sep 1861.5%54.9%12.1%221.2K
$32.50Aug 21Sep 1865.0%58.6%10.9%491.0K
$27.50Aug 21Sep 1860.4%55.2%9.4%51.7K
$35.00Aug 21Sep 1862.4%57.6%8.5%--314

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 15.67, avg 4.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$37.50$40.00Aug 21$0.15$2.35$0.1515.67$37.65
$37.50$40.00Sep 18$0.28$2.22$0.287.93$37.78
$35.00$37.50Aug 21$0.30$2.20$0.307.33$35.30
$35.00$37.50Sep 18$0.55$1.95$0.553.55$35.55
$32.50$35.00Aug 21$0.78$1.72$0.782.21$33.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Aug 21$0.17$2.33$0.1713.71$27.33
$27.50$25.00Sep 18$0.42$2.08$0.424.95$27.08
$30.00$27.50Aug 21$0.70$1.80$0.702.57$29.30
$30.00$27.50Sep 18$0.90$1.60$0.901.78$29.10
$32.50$30.00Aug 21$1.30$1.20$1.300.92$31.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 5.25, avg 1.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$27.50Sep 18$2.10$2.10$0.405.25$27.10
$25.00$27.50Aug 21$1.95$1.95$0.553.55$26.95
$27.50$30.00Aug 21$1.85$1.85$0.652.85$29.35
$27.50$30.00Sep 18$1.65$1.65$0.851.94$29.15
$30.00$32.50Aug 21$1.22$1.22$1.280.95$31.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$35.00Sep 18$2.05$2.05$0.454.56$35.45
$35.00$32.50Aug 21$1.80$1.80$0.702.57$33.20
$35.00$32.50Sep 18$1.65$1.65$0.851.94$33.35
$32.50$30.00Sep 18$1.35$1.35$1.151.17$31.15
$32.50$30.00Aug 21$1.30$1.30$1.201.08$31.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.59, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Aug 21Sep 18$0.3066.4%57.8%
$37.50Aug 21Sep 18$0.4365.3%56.5%
$27.50Aug 21Sep 18$0.5060.4%55.2%
$25.00Aug 21Sep 18$0.6570.9%59.9%
$35.00Aug 21Sep 18$0.6862.4%57.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Aug 21Sep 18$0.3070.9%59.9%
$27.50Aug 21Sep 18$0.5560.4%55.2%
$35.00Aug 21Sep 18$0.6562.4%57.6%
$30.00Aug 21Sep 18$0.7561.5%54.9%
$32.50Aug 21Sep 18$0.8065.0%58.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 11.29% of stock, avg 18.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$30.00Aug 21$2.55$1.00$3.55$26.45$33.5511.29%
$32.50Aug 21$1.33$2.30$3.63$28.87$36.1311.55%
$35.00Aug 21$0.55$4.10$4.65$30.35$39.6514.79%
$27.50Aug 21$4.40$0.30$4.70$22.80$32.2014.95%
$30.00Sep 18$3.25$1.75$5.00$25.00$35.0015.91%
$32.50Sep 18$2.08$3.10$5.18$27.32$37.6816.48%
$27.50Sep 18$4.90$0.85$5.75$21.75$33.2518.29%
$35.00Sep 18$1.23$4.75$5.98$29.02$40.9819.03%
$25.00Aug 21$6.35$0.13$6.48$18.52$31.4820.62%
$25.00Sep 18$7.00$0.43$7.43$17.57$32.4323.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 24 found (cheapest 0.73% of stock, avg 5.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.00$25.00Aug 21$0.10$0.13$0.23$24.77$40.23
$37.50$25.00Aug 21$0.25$0.13$0.38$24.62$37.88
$40.00$27.50Aug 21$0.10$0.30$0.40$27.10$40.40
$37.50$27.50Aug 21$0.25$0.30$0.55$26.95$38.05
$35.00$25.00Aug 21$0.55$0.13$0.68$24.32$35.68
$40.00$25.00Sep 18$0.40$0.43$0.83$24.17$40.83
$35.00$27.50Aug 21$0.55$0.30$0.85$26.65$35.85
$40.00$30.00Aug 21$0.10$1.00$1.10$28.90$41.10
$37.50$25.00Sep 18$0.68$0.43$1.11$23.89$38.61
$37.50$30.00Aug 21$0.25$1.00$1.25$28.75$38.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 20 found (best R:R 3.55, avg credit $1.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
32/3538/40Aug 21$1.95$0.553.55$33.05$39.45
32/3538/40Sep 18$1.93$0.573.39$33.07$39.43
30/3235/38Sep 18$1.90$0.603.17$30.60$36.90
28/3032/35Sep 18$1.75$0.752.33$28.25$34.25
30/3238/40Sep 18$1.63$0.871.87$30.87$39.13
30/3235/38Aug 21$1.60$0.901.78$30.90$36.60
25/2830/32Sep 18$1.59$0.911.75$25.91$31.59
28/3032/35Aug 21$1.48$1.021.45$28.52$33.98
30/3238/40Aug 21$1.45$1.051.38$31.05$38.95
28/3035/38Sep 18$1.45$1.051.38$28.55$36.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 19 found (best R:R 24.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.10$2.4024.00
$35.00$37.50$40.00Aug 21$0.15$2.3515.67
$35.00$37.50$40.00Sep 18$0.27$2.238.26
$32.50$35.00$37.50Sep 18$0.30$2.207.33
$30.00$32.50$35.00Sep 18$0.32$2.186.81
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$22.50$25.00$27.50Aug 21$0.12$2.3819.83
$30.00$32.50$35.00Sep 18$0.30$2.207.33
$32.50$35.00$37.50Sep 18$0.40$2.105.25
$27.50$30.00$32.50Sep 18$0.45$2.054.56
$25.00$27.50$30.00Sep 18$0.48$2.024.21

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 20 found (best net $-0.01, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$32.501:2Aug 21-$0.11$2.39
$37.50$40.001:2Sep 18-$0.12$2.38
$35.00$37.501:2Sep 18-$0.13$2.37
$32.50$35.001:2Sep 18-$0.38$2.12
$27.50$30.001:2Aug 21-$0.70$1.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$27.50$25.001:2Sep 18-$0.01$2.49
$25.00$22.501:2Aug 21-$0.03$2.47
$32.50$30.001:2Sep 18-$0.40$2.10
$35.00$32.501:2Aug 21-$0.50$2.00
$35.00$32.501:2Sep 18-$1.45$1.05

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 6.20%, avg 2.59%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Sep 18$1.950.473.4%6.20%9.61%23185
$32.50Aug 21$1.250.443.4%3.98%7.38%922.3K
$35.00Sep 18$1.100.3311.4%3.50%14.86%12325
$37.50Sep 18$0.500.2119.3%1.59%20.90%129
$35.00Aug 21$0.450.2411.4%1.43%12.79%52.3K
$40.00Sep 18$0.250.1427.3%0.80%28.06%170
$37.50Aug 21$0.200.1219.3%0.64%19.95%111.1K

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 453
Total Puts 81
Put/Call Ratio 0.18
Net Difference 372

Prior's Put/Call Breakdown

Total Calls 1,391
Total Puts 76
Put/Call Ratio 0.05
Net Difference 1,315

Prior 7-Day Put/Call Summary

Total Calls 9,385
Total Puts 1,735
Average Put/Call Ratio 0.17
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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