Tour v381
STLD
STEEL DYNAMICS INC
$233.52 +1.31%
7/21 18:02

Option Volume

Detail
Current (07/21) 1,491
Calls: 908 (61%)
Puts: 583 (39%)
Prior (07/20) 2,271
Calls: 1,421 (63%)
Puts: 850 (37%)
Current vs Prior -34.35%
Calls: -36.10% (Calls)
Puts: -31.41% (Puts)
Prior 7-Day Total 9,063
Calls: 5,983 (66%)
Puts: 3,080 (34%)
Prior 7-Day Average 1,294
Calls: 854 (66%)
Puts: 440 (34%)
Current vs Prior 7-Day Avg +15.16%
Calls: +6.23%
Puts: +32.50%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $1.27M
Calls: $816.0K (64%)
Puts: $449.7K (36%)
Prior (07/20) $1.38M
Calls: $1.01M (73%)
Puts: $364.8K (27%)
Current vs Prior -8.01%
Calls: -19.30%
Puts: +23.28%
Prior 7-Day Total $10.83M
Calls: $6.65M (61%)
Puts: $4.18M (39%)
Prior 7-Day Average $1.55M
Calls: $949.8K (61%)
Puts: $596.8K (39%)
Current vs Prior 7-Day Avg -18.16%
Calls: -14.09%
Puts: -24.65%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/21) 0.64
Prior (07/20) 0.60
Current vs Prior +7.34%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +15.08%
Sentiment BULLISH

Open Interest

Detail
Current (07/21) 28,403
Calls: 18,491 (65%)
Puts: 9,912 (35%)
Prior (07/20) 27,448
Calls: 17,936 (65%)
Puts: 9,512 (35%)
Current vs Prior +3.48%
Prior 7-Day Total 98,505
Calls: 70,322 (71%)
Puts: 28,183 (29%)
Prior 7-Day Average 14,072
Calls: 10,046 (71%)
Puts: 4,026 (29%)
Current vs Prior 7-Day Avg +101.84%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 13.00% | 16.55%
Prior 14.36% | 17.88%
Current vs Prior -9.50% | -7.41%
Prior 7-Day Avg 8.80% | 15.66%
Current vs 7-Day Avg +47.74% | +5.68%
Prior 7-Day Eod 14.36% | 17.87%
Current vs 7-Day Eod -9.50% | -7.41%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 2.75% | 2.13%
Calls: 3.48% | 2.12%
Puts: 2.02% | 2.14%
Prior 8.64% | 9.34%
Calls: 8.92% | 11.42%
Puts: 8.37% | 7.27%
Current vs Prior -68.17% | -77.19%
Prior 7-Day Avg 14.71% | 7.09%
Calls: 15.46% | 8.08%
Puts: 13.96% | 6.10%
Current vs 7-Day Avg -81.30% | -69.94%
Liquidity Good
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($816.0K). Bullish P/C ratio of 0.64. Call-heavy open interest (18,491 calls vs 9,912 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 7 of results (avg 6.2%, best 3.4%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 2144.2047.30$45.756.8%--0.93153
$200.00Aug 2135.6038.30$36.957.3%--0.8821
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 2129.2030.20$29.703.4%--0.7654
$280.00Aug 2145.3048.10$46.706.0%--0.9042
$270.00Aug 2136.4038.80$37.606.4%--0.8512
$250.00Aug 2121.4022.90$22.156.8%10.6766
$240.00Aug 2114.8015.90$15.357.2%290.55162

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. 10 found (avg delta 0.76, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 2144.2047.30$45.756.8%--0.93153
$200.00Aug 2135.6038.30$36.957.3%--0.8821
$210.00Aug 2126.7029.60$28.1510.3%20.8143
$220.00Aug 2119.8022.60$21.2013.2%210.71178
$230.00Aug 2113.8016.20$15.0016.0%570.58160
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Aug 2145.3048.10$46.706.0%--0.9042
$270.00Aug 2136.4038.80$37.606.4%--0.8512
$260.00Aug 2129.2030.20$29.703.4%--0.7654
$250.00Aug 2121.4022.90$22.156.8%10.6766
$240.00Aug 2114.8015.90$15.357.2%290.55162

Most actively traded options today. High liquidity = easy entry/exit. 16 active (total vol 1.0K, top 230)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 215.806.90$6.3517.3%2300.333.0K
$260.00Aug 213.604.80$4.2028.6%1920.24428
$240.00Aug 219.0011.00$10.0020.0%1280.45387
$230.00Aug 2113.8016.20$15.0016.0%570.58160
$270.00Aug 212.152.55$2.3517.0%390.15256
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 211.852.35$2.1023.8%1300.12832
$210.00Aug 213.404.20$3.8021.1%580.20536
$230.00Aug 219.5010.90$10.2013.7%420.42159
$220.00Aug 215.806.50$6.1511.4%330.30276
$240.00Aug 2114.8015.90$15.357.2%290.55162

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. 12 found (best R:R 16.86, avg 4.83)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$280.00Aug 21$0.95$9.05$0.959.53$270.95
$260.00$270.00Aug 21$1.85$8.15$1.854.41$261.85
$250.00$260.00Aug 21$2.15$7.85$2.153.65$252.15
$240.00$250.00Aug 21$3.65$6.35$3.651.74$243.65
$230.00$240.00Aug 21$5.00$5.00$5.001.00$235.00
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$195.00$190.00Aug 21$0.28$4.72$0.2816.86$194.72
$200.00$195.00Aug 21$0.47$4.53$0.479.64$199.53
$210.00$200.00Aug 21$1.70$8.30$1.704.88$208.30
$220.00$210.00Aug 21$2.35$7.65$2.353.26$217.65
$230.00$220.00Aug 21$4.05$5.95$4.051.47$225.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 10.11, avg 2.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$190.00$200.00Aug 21$8.80$8.80$1.207.33$198.80
$200.00$210.00Aug 21$8.80$8.80$1.207.33$208.80
$210.00$220.00Aug 21$6.95$6.95$3.052.28$216.95
$220.00$230.00Aug 21$6.20$6.20$3.801.63$226.20
$230.00$240.00Aug 21$5.00$5.00$5.001.00$235.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$280.00$270.00Aug 21$9.10$9.10$0.9010.11$270.90
$270.00$260.00Aug 21$7.90$7.90$2.103.76$262.10
$260.00$250.00Aug 21$7.55$7.55$2.453.08$252.45
$250.00$240.00Aug 21$6.80$6.80$3.202.12$243.20
$240.00$230.00Aug 21$5.15$5.15$4.851.06$234.85

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. 10 found (cheapest 10.79% of stock, avg 14.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$230.00Aug 21$15.00$10.20$25.20$204.80$255.2010.79%
$240.00Aug 21$10.00$15.35$25.35$214.65$265.3510.86%
$220.00Aug 21$21.20$6.15$27.35$192.65$247.3511.71%
$250.00Aug 21$6.35$22.15$28.50$221.50$278.5012.20%
$210.00Aug 21$28.15$3.80$31.95$178.05$241.9513.68%
$260.00Aug 21$4.20$29.70$33.90$226.10$293.9014.52%
$200.00Aug 21$36.95$2.10$39.05$160.95$239.0516.72%
$270.00Aug 21$2.35$37.60$39.95$230.05$309.9517.11%
$190.00Aug 21$45.75$1.35$47.10$142.90$237.1020.17%
$280.00Aug 21$1.40$46.70$48.10$231.90$328.1020.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.30% of stock, avg 4.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$280.00$195.00Aug 21$1.40$1.63$3.03$191.97$283.03
$280.00$200.00Aug 21$1.40$2.10$3.50$196.50$283.50
$270.00$195.00Aug 21$2.35$1.63$3.98$191.02$273.98
$270.00$200.00Aug 21$2.35$2.10$4.45$195.55$274.45
$280.00$210.00Aug 21$1.40$3.80$5.20$204.80$285.20
$260.00$195.00Aug 21$4.20$1.63$5.83$189.17$265.83
$270.00$210.00Aug 21$2.35$3.80$6.15$203.85$276.15
$260.00$200.00Aug 21$4.20$2.10$6.30$193.70$266.30
$280.00$220.00Aug 21$1.40$6.15$7.55$212.45$287.55
$250.00$195.00Aug 21$6.35$1.63$7.98$187.02$257.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 36 found (best R:R 9.87, avg credit $5.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
190/195200/210Aug 21$9.08$0.929.87$185.92$209.08
240/250260/270Aug 21$8.65$1.356.41$241.35$268.65
250/260270/280Aug 21$8.50$1.505.67$251.50$278.50
200/210220/230Aug 21$7.90$2.103.76$202.10$227.90
240/250270/280Aug 21$7.75$2.253.44$242.25$277.75
220/230240/250Aug 21$7.70$2.303.35$222.30$247.70
195/200210/220Aug 21$7.42$2.582.88$192.58$217.42
210/220230/240Aug 21$7.35$2.652.77$212.65$237.35
230/240250/260Aug 21$7.30$2.702.70$232.70$257.30
190/195210/220Aug 21$7.23$2.772.61$187.77$217.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 32.33, cheapest $0.19)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Aug 21$0.30$9.7032.33
$210.00$220.00$230.00Aug 21$0.75$9.2512.33
$260.00$270.00$280.00Aug 21$0.90$9.1010.11
$220.00$230.00$240.00Aug 21$1.20$8.807.33
$230.00$240.00$250.00Aug 21$1.35$8.656.41
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Aug 21$0.35$9.6527.57
$190.00$195.00$200.00Aug 21$0.19$4.8125.32
$200.00$210.00$220.00Aug 21$0.65$9.3514.38
$240.00$250.00$260.00Aug 21$0.75$9.2512.33
$220.00$230.00$240.00Aug 21$1.10$8.908.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.40, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$280.001:2Aug 21-$0.45$9.55
$260.00$270.001:2Aug 21-$0.50$9.50
$250.00$260.001:2Aug 21-$2.05$7.95
$240.00$250.001:2Aug 21-$2.70$7.30
$230.00$240.001:2Aug 21-$5.00$5.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Aug 21-$0.40$9.60
$220.00$210.001:2Aug 21-$1.45$8.55
$230.00$220.001:2Aug 21-$2.10$7.90
$240.00$230.001:2Aug 21-$5.05$4.95
$195.00$190.001:2Aug 21-$1.07$3.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 3.85%, avg 1.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$9.000.452.8%3.85%6.63%128387
$250.00Aug 21$5.800.337.1%2.48%9.54%2303.0K
$260.00Aug 21$3.600.2411.3%1.54%12.88%192428
$270.00Aug 21$2.150.1515.6%0.92%16.54%39256
$280.00Aug 21$1.300.1019.9%0.56%20.46%36160

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 908
Total Puts 583
Put/Call Ratio 0.64
Net Difference 325

Prior's Put/Call Breakdown

Total Calls 1,421
Total Puts 850
Put/Call Ratio 0.60
Net Difference 571

Prior 7-Day Put/Call Summary

Total Calls 5,983
Total Puts 3,080
Average Put/Call Ratio 0.56
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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