Tour v394
SNAP
SNAP INC Class A
$4.41 -1.34%
7/23 19:07

Option Volume

Detail
Current (07/23) 40,013
Calls: 29,888 (75%)
Puts: 10,125 (25%)
Prior (07/22) 23,572
Calls: 15,905 (67%)
Puts: 7,667 (33%)
Current vs Prior +69.75%
Calls: +87.92% (Calls)
Puts: +32.06% (Puts)
Prior 7-Day Total 283,006
Calls: 213,860 (76%)
Puts: 69,146 (24%)
Prior 7-Day Average 40,429
Calls: 30,551 (76%)
Puts: 9,878 (24%)
Current vs Prior 7-Day Avg -1.03%
Calls: -2.17%
Puts: +2.50%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/23) $1.98M
Calls: $1.39M (70%)
Puts: $584.1K (30%)
Prior (07/22) $910.3K
Calls: $583.3K (64%)
Puts: $327.0K (36%)
Current vs Prior +117.38%
Calls: +139.10%
Puts: +78.62%
Prior 7-Day Total $9.74M
Calls: $6.17M (63%)
Puts: $3.57M (37%)
Prior 7-Day Average $1.39M
Calls: $881.5K (63%)
Puts: $510.0K (37%)
Current vs Prior 7-Day Avg +42.20%
Calls: +58.21%
Puts: +14.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23) 0.34
Prior (07/22) 0.48
Current vs Prior -29.72%
Prior 7-Day Average 0.32
Current vs Prior 7-Day Avg +4.84%
Sentiment BULLISH

Open Interest

Detail
Current (07/23) 948,850
Calls: 782,223 (82%)
Puts: 166,627 (18%)
Prior (07/22) 824,709
Calls: 686,709 (83%)
Puts: 138,000 (17%)
Current vs Prior +15.05%
Prior 7-Day Total 7,249,879
Calls: 5,769,288 (80%)
Puts: 1,480,591 (20%)
Prior 7-Day Average 1,035,697
Calls: 824,184 (80%)
Puts: 211,513 (20%)
Current vs Prior 7-Day Avg -8.39%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.17% | 6.58%19.73% | 24.26%
Prior 3.80% | 7.16%19.69% | 24.83%
Current vs Prior -16.53% | -8.14%+0.21% | -2.29%
Prior 7-Day Avg 5.17% | 7.69%10.98% | 23.81%
Current vs 7-Day Avg -38.61% | -14.50%+79.74% | +1.88%
Prior 7-Day Eod 3.80% | 7.16%19.69% | 24.83%
Current vs 7-Day Eod -16.53% | -8.14%+0.21% | -2.29%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 3.45% | 2.12%
Calls: 3.77% | 1.67%
Puts: 3.13% | 2.56%
Prior 3.45% | 2.12%
Calls: 3.77% | 1.67%
Puts: 3.13% | 2.56%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 3.45% | 2.12%
Calls: 3.77% | 1.67%
Puts: 3.13% | 2.56%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Good
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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($1.39M). Massive premium surge with dollar volume up 117% vs prior. Above-average activity with volume up 70% vs prior. Extreme bullish P/C ratio of 0.34 - heavy call buying (29,888 calls vs 10,125 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

📈 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 8 of results (avg 7.7%, best 4.3%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.50Aug 70.330.35$0.345.9%1.4K0.511.6K
$4.00Aug 140.620.67$0.657.7%10.71--
$4.00Aug 280.660.72$0.698.7%70.708
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.00Aug 210.220.23$0.234.3%2420.292.6K
$5.00Aug 70.730.79$0.767.9%2270.68317
$4.50Aug 210.440.48$0.468.7%8860.481.8K
$5.00Aug 140.750.82$0.789.0%270.66--
$5.00Aug 280.790.87$0.839.6%20.61--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 24 found (avg $0.47, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.50Jul 310.100.12$0.1118.2%2.9K0.441.5K
$5.00Aug 70.170.19$0.1811.1%6220.326.6K
$5.00Aug 140.200.23$0.2213.6%5970.342.7K
$5.00Aug 210.220.25$0.2412.5%5340.3610.1K
$4.50Aug 70.330.35$0.345.9%1.4K0.511.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.00Aug 70.170.19$0.1811.1%3120.282.7K
$4.00Aug 210.220.23$0.234.3%2420.292.6K
$4.00Aug 280.230.27$0.2516.0%1.3K0.3089
$4.50Aug 70.380.44$0.4114.6%970.491.1K
$4.50Aug 140.420.50$0.4617.4%90.49407

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 17 found (avg delta 0.71, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.00Jul 240.390.45$0.4214.3%6890.96586
$4.00Jul 310.390.49$0.4422.7%3640.90339
$4.00Aug 70.590.66$0.6311.1%2840.72182
$4.00Aug 210.630.71$0.6711.9%600.714.0K
$4.00Aug 140.620.67$0.657.7%10.71--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Jul 240.560.65$0.6114.8%2440.972.6K
$5.00Jul 310.530.70$0.6227.4%390.941.3K
$4.50Jul 240.090.12$0.1127.3%1.2K0.733.2K
$5.00Aug 70.730.79$0.767.9%2270.68317
$5.00Aug 140.750.82$0.789.0%270.66--

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 22.6K, top 3.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Jul 310.010.02$0.0250.0%3.6K0.096.6K
$4.50Jul 310.100.12$0.1118.2%2.9K0.441.5K
$4.50Jul 240.020.03$0.0333.3%2.4K0.295.0K
$4.50Aug 70.330.35$0.345.9%1.4K0.511.6K
$4.00Jul 240.390.45$0.4214.3%6890.96586
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.00Aug 280.230.27$0.2516.0%1.3K0.3089
$4.50Aug 280.450.52$0.4914.3%1.2K0.47127
$4.50Jul 240.090.12$0.1127.3%1.2K0.733.2K
$4.50Aug 210.440.48$0.468.7%8860.481.8K
$5.00Aug 210.770.87$0.8212.2%8500.656.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 46.9%, max 48.2%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$5.00Jul 24Aug 28138.7%93.6%48.2%28514.0K
$4.00Jul 24Aug 28119.3%82.0%45.5%696594
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$5.00Jul 24Aug 28138.7%93.6%48.2%2462.6K
$4.00Jul 24Aug 28119.3%82.0%45.5%1.3K1.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 4.00, avg 1.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$4.50$5.00Aug 7$0.16$0.34$0.162.12$4.66
$4.50$5.00Aug 14$0.16$0.34$0.162.12$4.66
$4.50$5.00Aug 21$0.17$0.33$0.171.94$4.67
$4.00$5.00Aug 28$0.38$0.62$0.381.63$4.38
$4.00$4.50Aug 21$0.26$0.24$0.260.92$4.26
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$4.50$4.00Jul 24$0.10$0.40$0.104.00$4.40
$4.50$4.00Jul 31$0.16$0.34$0.162.12$4.34
$4.50$4.00Aug 7$0.23$0.27$0.231.17$4.27
$4.50$4.00Aug 21$0.23$0.27$0.231.17$4.27
$4.50$4.00Aug 28$0.24$0.26$0.241.08$4.26

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 3.55, avg 1.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$4.00$4.50Jul 24$0.39$0.39$0.113.55$4.39
$4.00$4.50Jul 31$0.33$0.33$0.171.94$4.33
$4.00$4.50Aug 7$0.29$0.29$0.211.38$4.29
$4.00$4.50Aug 14$0.27$0.27$0.231.17$4.27
$4.00$4.50Aug 21$0.26$0.26$0.241.08$4.26
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$5.00$4.50Aug 21$0.36$0.36$0.142.57$4.64
$5.00$4.50Aug 7$0.35$0.35$0.152.33$4.65
$5.00$4.50Aug 28$0.34$0.34$0.162.12$4.66
$5.00$4.50Aug 14$0.32$0.32$0.181.78$4.68
$4.50$4.00Aug 14$0.26$0.26$0.241.08$4.24

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.08, cheapest $0.07)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$4.50Jul 24Jul 31$0.0863.1%54.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$4.50Jul 24Jul 31$0.0763.1%54.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 3.17% of stock, avg 16.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$4.50Jul 24$0.03$0.11$0.14$4.36$4.643.17%
$4.50Jul 31$0.11$0.18$0.29$4.21$4.796.58%
$4.00Jul 24$0.42$0.01$0.43$3.57$4.439.75%
$4.00Jul 31$0.44$0.02$0.46$3.54$4.4610.43%
$5.00Jul 24$0.01$0.61$0.62$4.38$5.6214.06%
$5.00Jul 31$0.02$0.62$0.64$4.36$5.6414.51%
$4.50Aug 7$0.34$0.41$0.75$3.75$5.2517.01%
$4.00Aug 7$0.63$0.18$0.81$3.19$4.8118.37%
$4.50Aug 14$0.38$0.46$0.84$3.66$5.3419.05%
$4.00Aug 14$0.65$0.20$0.85$3.15$4.8519.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 10 found (cheapest 0.91% of stock, avg 10.77%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$5.00$4.00Jul 31$0.02$0.02$0.04$3.96$5.04
$4.50$4.00Jul 31$0.11$0.02$0.13$3.87$4.63
$5.00$4.00Aug 7$0.18$0.18$0.36$3.64$5.36
$5.00$4.00Aug 14$0.22$0.20$0.42$3.58$5.42
$5.00$4.00Aug 21$0.24$0.23$0.47$3.53$5.47
$5.00$4.00Aug 28$0.31$0.25$0.56$3.44$5.56
$5.00$4.50Aug 7$0.18$0.41$0.59$3.91$5.59
$5.00$4.50Aug 14$0.22$0.46$0.68$3.82$5.68
$5.00$4.50Aug 21$0.24$0.46$0.70$3.80$5.70
$5.00$4.50Aug 28$0.31$0.49$0.80$3.70$5.80

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$4.00$4.50$5.00Aug 21$0.09$0.414.56
$4.00$4.50$5.00Aug 14$0.11$0.393.55
$4.00$4.50$5.00Aug 7$0.13$0.372.85
$4.00$4.50$5.00Jul 31$0.24$0.261.08
$4.00$4.50$5.00Jul 24$0.37$0.130.35
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$4.00$4.50$5.00Aug 14$0.06$0.447.33
$4.00$4.50$5.00Aug 28$0.10$0.404.00
$4.00$4.50$5.00Aug 7$0.12$0.383.17
$4.00$4.50$5.00Aug 21$0.13$0.372.85
$4.00$4.50$5.00Jul 31$0.28$0.220.79

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 18 found (best net $-0.05, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$4.00$4.501:2Aug 7-$0.05$0.45
$4.50$5.001:2Aug 14-$0.06$0.44
$4.50$5.001:2Aug 21-$0.07$0.43
$4.00$4.501:2Aug 14-$0.11$0.39
$4.00$4.501:2Aug 21-$0.15$0.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$5.00$4.501:2Aug 7-$0.06$0.44
$5.00$4.501:2Aug 21-$0.10$0.40
$5.00$4.501:2Aug 14-$0.14$0.36
$5.00$4.501:2Aug 28-$0.15$0.35
$4.50$4.001:2Aug 14$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 8.62%, avg 5.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$4.50Aug 21$0.380.532.0%8.62%10.66%594629
$4.50Aug 14$0.360.512.0%8.16%10.20%314403
$4.50Aug 7$0.330.512.0%7.48%9.52%1.4K1.6K
$5.00Aug 28$0.240.4013.4%5.44%18.82%2--
$5.00Aug 21$0.220.3613.4%4.99%18.37%53410.1K
$5.00Aug 14$0.200.3413.4%4.54%17.91%5972.7K
$5.00Aug 7$0.170.3213.4%3.85%17.23%6226.6K
$4.50Jul 31$0.100.442.0%2.27%4.31%2.9K1.5K

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 29,888
Total Puts 10,125
Put/Call Ratio 0.34
Net Difference 19,763

Prior's Put/Call Breakdown

Total Calls 15,905
Total Puts 7,667
Put/Call Ratio 0.48
Net Difference 8,238

Prior 7-Day Put/Call Summary

Total Calls 213,860
Total Puts 69,146
Average Put/Call Ratio 0.32
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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