Tour v492
SNAP
SNAP INC Class A
$5.22 -2.06%
$5.20 (-0.35%)🌙
as of 08/06 07:12 PM
8/6 19:12

Option Volume

Detail
Current (08/06) 75,005
Calls: 41,924 (56%)
Puts: 33,081 (44%)
Prior (08/05) 141,264
Calls: 84,579 (60%)
Puts: 56,685 (40%)
Current vs Prior -46.90%
Calls: -50.43% (Calls)
Puts: -41.64% (Puts)
Prior 7-Day Total 1,011,014
Calls: 760,301 (75%)
Puts: 250,713 (25%)
Prior 7-Day Average 144,430
Calls: 108,614 (75%)
Puts: 35,816 (25%)
Current vs Prior 7-Day Avg -48.07%
Calls: -61.40%
Puts: -7.64%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $4.52M
Calls: $1.11M (24%)
Puts: $3.42M (76%)
Prior (08/05) $3.47M
Calls: $2.72M (78%)
Puts: $750.5K (22%)
Current vs Prior +30.19%
Calls: -59.39%
Puts: +355.06%
Prior 7-Day Total $37.31M
Calls: $31.12M (83%)
Puts: $6.19M (17%)
Prior 7-Day Average $5.33M
Calls: $4.45M (83%)
Puts: $884.4K (17%)
Current vs Prior 7-Day Avg -15.19%
Calls: -75.14%
Puts: +286.15%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06) 0.79
Prior (08/05) 0.67
Current vs Prior +17.74%
Prior 7-Day Average 0.34
Current vs Prior 7-Day Avg +130.74%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/06) 1,077,446
Calls: 832,209 (77%)
Puts: 245,237 (23%)
Prior (08/05) 1,293,836
Calls: 1,027,588 (79%)
Puts: 266,248 (21%)
Current vs Prior -16.72%
Prior 7-Day Total 8,395,147
Calls: 6,576,427 (78%)
Puts: 1,818,720 (22%)
Prior 7-Day Average 1,199,306
Calls: 939,489 (78%)
Puts: 259,817 (22%)
Current vs Prior 7-Day Avg -10.16%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.41% | 6.71%8.81% | 14.37%
Prior 5.25% | 8.44%9.94% | 15.95%
Current vs Prior -16.13% | -20.58%-11.38% | -9.91%
Prior 7-Day Avg 8.79% | 14.22%16.30% | 21.37%
Current vs 7-Day Avg -49.89% | -52.84%-45.95% | -32.78%
Prior 7-Day Eod 5.25% | 8.44%9.94% | 15.95%
Current vs 7-Day Eod -16.13% | -20.58%-11.38% | -9.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.23% | 6.88%
Calls: 6.25% | 7.50%
Puts: 22.22% | 6.25%
Prior 14.23% | 6.88%
Calls: 6.25% | 7.50%
Puts: 22.22% | 6.25%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 9.76% | 4.26%
Calls: 7.57% | 4.12%
Puts: 9.78% | 4.41%
Current vs 7-Day Avg +45.76% | +61.34%
Liquidity Pricy
+
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🤖 AI Insights

Strong bearish conviction with 76% of dollar volume in puts ($3.42M) vs calls ($1.11M). Below-average activity with volume down 47% vs prior. Call-heavy open interest (832,209 calls vs 245,237 puts) suggests bullish positioning. Declining open interest (down 17%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 5 of results (avg 8.2%, best 5.9%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Aug 210.330.35$0.345.9%1580.6813.2K
$5.00Sep 180.480.52$0.508.0%7310.6412.9K
$5.50Sep 110.230.25$0.248.3%2.0K0.42834
$5.00Aug 70.210.23$0.229.1%1.2K0.9829.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Aug 70.290.32$0.319.7%6070.873.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.41, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 280.060.07$0.0714.3%2190.172.7K
$5.50Aug 140.070.08$0.0812.5%5.9K0.288.7K
$6.00Sep 110.110.13$0.1216.7%160.24122
$5.50Aug 210.120.14$0.1315.4%3840.343.6K
$6.00Sep 180.140.16$0.1513.3%4850.2726.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Aug 210.110.13$0.1216.7%4910.327.8K
$5.00Aug 280.160.18$0.1711.8%310.36186
$5.00Sep 180.230.26$0.2512.0%2200.3616.3K
$5.50Aug 70.290.32$0.319.7%6070.873.5K
$5.50Aug 140.330.40$0.3718.9%2000.721.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 24 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$4.50Aug 70.670.77$0.7213.9%2561.002.9K
$4.50Aug 140.630.80$0.7223.6%111.00593
$5.00Aug 70.210.23$0.229.1%1.2K0.9829.5K
$4.50Aug 210.680.80$0.7416.2%5260.901.2K
$4.50Aug 280.670.83$0.7521.3%1000.89--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 70.730.89$0.8119.8%6550.961.2K
$6.00Aug 140.740.89$0.8218.3%2650.9045
$5.50Aug 70.290.32$0.319.7%6070.873.5K
$6.00Aug 210.730.89$0.8119.8%4240.85944
$6.00Aug 280.771.05$0.9130.8%10.82--

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 54.4K, top 12.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Aug 70.010.02$0.0250.0%6.3K0.1319.0K
$6.00Aug 140.020.03$0.0333.3%5.9K0.1011.0K
$5.50Aug 140.070.08$0.0812.5%5.9K0.288.7K
$5.00Aug 140.260.29$0.2810.7%2.2K0.725.4K
$5.50Sep 110.230.25$0.248.3%2.0K0.42834
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.00Aug 70.000.01$0.01100.0%12.8K0.0714.9K
$4.50Aug 210.010.05$0.03133.3%4.7K0.108.7K
$5.00Aug 140.060.08$0.0728.6%2.5K0.281.6K
$6.00Aug 70.730.89$0.8119.8%6550.961.2K
$5.50Aug 70.290.32$0.319.7%6070.873.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 116.3%, max 206.5%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$4.50Aug 7Sep 11158.7%51.8%206.5%2583.0K
$6.00Aug 7Sep 18150.3%56.0%168.5%1.2K57.4K
$5.50Aug 7Sep 1193.3%53.4%74.7%8.2K19.8K
$5.00Aug 7Sep 1857.1%50.0%14.3%1.9K42.4K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$4.50Aug 7Sep 11158.7%51.8%206.5%6314.3K
$6.00Aug 7Sep 18150.3%56.0%168.5%6724.6K
$5.50Aug 7Sep 493.3%52.8%76.8%6223.6K
$5.00Aug 7Sep 1857.1%50.0%14.3%13.0K31.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 3.17, avg 1.67)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$5.50$6.00Sep 4$0.12$0.38$0.123.17$5.62
$5.50$6.00Sep 11$0.12$0.38$0.123.17$5.62
$5.00$6.00Sep 18$0.35$0.65$0.351.86$5.35
$5.00$5.50Aug 7$0.20$0.30$0.201.50$5.20
$5.00$5.50Aug 14$0.20$0.30$0.201.50$5.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$5.00$4.50Aug 28$0.12$0.38$0.123.17$4.88
$5.00$4.50Sep 11$0.13$0.37$0.132.85$4.87
$5.50$5.00Sep 4$0.24$0.26$0.241.08$5.26
$5.50$5.00Aug 28$0.26$0.24$0.260.92$5.24
$5.50$5.00Aug 21$0.28$0.22$0.280.79$5.22

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 4.00, avg 1.29)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$4.50$5.00Aug 21$0.40$0.40$0.104.00$4.90
$4.50$5.00Aug 28$0.37$0.37$0.132.85$4.87
$4.50$5.00Sep 11$0.36$0.36$0.142.57$4.86
$5.00$5.50Aug 28$0.22$0.22$0.280.79$5.22
$5.00$5.50Sep 11$0.22$0.22$0.280.79$5.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$5.00Sep 11$0.75$0.75$0.253.00$5.25
$6.00$5.00Sep 18$0.69$0.69$0.312.23$5.31
$5.50$5.00Aug 7$0.30$0.30$0.201.50$5.20
$5.50$5.00Aug 14$0.30$0.30$0.201.50$5.20
$5.50$5.00Aug 21$0.28$0.28$0.221.27$5.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.06, cheapest $0.06)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Aug 7Aug 14$0.0657.1%49.9%
$5.50Aug 7Aug 14$0.0693.3%59.8%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Aug 7Aug 14$0.0657.1%49.9%
$5.50Aug 7Aug 14$0.0693.3%59.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 24 found (cheapest 4.41% of stock, avg 13.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$5.00Aug 7$0.22$0.01$0.23$4.77$5.234.41%
$5.50Aug 7$0.02$0.31$0.33$5.17$5.836.32%
$5.00Aug 14$0.28$0.07$0.35$4.65$5.356.70%
$5.50Aug 14$0.08$0.37$0.45$5.05$5.958.62%
$5.00Aug 21$0.34$0.12$0.46$4.54$5.468.81%
$5.50Aug 21$0.13$0.40$0.53$4.97$6.0310.15%
$5.00Aug 28$0.38$0.17$0.55$4.45$5.5510.54%
$5.00Sep 4$0.43$0.15$0.58$4.42$5.5811.11%
$5.50Aug 28$0.16$0.43$0.59$4.91$6.0911.30%
$5.50Sep 4$0.22$0.39$0.61$4.89$6.1111.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 0.57% of stock, avg 4.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$5.50$5.00Aug 7$0.02$0.01$0.03$4.97$5.53
$6.00$4.50Aug 21$0.05$0.03$0.08$4.42$6.08
$6.00$5.00Aug 14$0.03$0.07$0.10$4.90$6.10
$6.00$4.50Aug 28$0.07$0.05$0.12$4.38$6.12
$5.50$5.00Aug 14$0.08$0.07$0.15$4.85$5.65
$5.50$4.50Aug 21$0.13$0.03$0.16$4.34$5.66
$6.00$5.00Aug 21$0.05$0.12$0.17$4.83$6.17
$6.00$4.50Sep 4$0.10$0.07$0.17$4.33$6.17
$6.00$4.50Sep 11$0.12$0.08$0.20$4.30$6.20
$5.50$4.50Aug 28$0.16$0.05$0.21$4.29$5.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.00, avg credit $0.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
4/56/6Sep 11$0.25$0.251.00$4.75$5.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 4.56, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$5.00$5.50$6.00Sep 4$0.09$0.414.56
$5.00$5.50$6.00Sep 11$0.10$0.404.00
$5.00$5.50$6.00Aug 21$0.13$0.372.85
$5.00$5.50$6.00Aug 28$0.13$0.372.85
$4.50$5.00$5.50Sep 11$0.14$0.362.57
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$5.00$5.50$6.00Aug 21$0.13$0.372.85
$4.50$5.00$5.50Aug 28$0.14$0.362.57
$5.00$5.50$6.00Aug 14$0.15$0.352.33
$4.50$5.00$5.50Sep 4$0.16$0.342.12
$4.50$5.00$5.50Aug 21$0.19$0.311.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-0.10, 1 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$4.50$5.001:2Sep 11-$0.10$0.40
$5.00$6.001:2Sep 18$0.20$0.80
$4.50$5.001:2Aug 21$0.06$0.44
$5.00$5.501:2Aug 28$0.06$0.44
$5.00$5.501:2Aug 21$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.00$5.001:2Sep 18$0.44$0.56
$6.00$5.001:2Sep 11$0.54$0.46
$5.00$4.501:2Aug 14$0.05$0.45
$6.00$5.501:2Aug 28$0.05$0.45
$5.00$4.501:2Aug 21$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 4.41%, avg 2.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$5.50Sep 11$0.230.425.4%4.41%9.77%2.0K834
$5.50Sep 4$0.180.425.4%3.45%8.81%1273.0K
$6.00Sep 18$0.140.2714.9%2.68%17.62%48526.0K
$5.50Aug 21$0.120.345.4%2.30%7.66%3843.6K
$5.50Aug 28$0.120.365.4%2.30%7.66%571.2K
$6.00Sep 11$0.110.2414.9%2.11%17.05%16122
$6.00Sep 4$0.090.2314.9%1.72%16.67%1.2K1.5K
$5.50Aug 14$0.070.285.4%1.34%6.70%5.9K8.7K
$6.00Aug 28$0.060.1714.9%1.15%16.09%2192.7K

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 41,924
Total Puts 33,081
Put/Call Ratio 0.79
Net Difference 8,843

Prior's Put/Call Breakdown

Total Calls 84,579
Total Puts 56,685
Put/Call Ratio 0.67
Net Difference 27,894

Prior 7-Day Put/Call Summary

Total Calls 760,301
Total Puts 250,713
Average Put/Call Ratio 0.34
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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