Tour v390
STLD
STEEL DYNAMICS INC
$238.64 +2.19%
$236.26 (-1.00%)🌙
as of 07/22 08:58 PM
7/22 20:58

Option Volume

Detail
Current (07/22) 998
Calls: 542 (54%)
Puts: 456 (46%)
Prior (07/21) 1,491
Calls: 908 (61%)
Puts: 583 (39%)
Current vs Prior -33.07%
Calls: -40.31% (Calls)
Puts: -21.78% (Puts)
Prior 7-Day Total 9,639
Calls: 6,097 (63%)
Puts: 3,542 (37%)
Prior 7-Day Average 1,377
Calls: 871 (63%)
Puts: 506 (37%)
Current vs Prior 7-Day Avg -27.52%
Calls: -37.77%
Puts: -9.88%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $2.08M
Calls: $1.75M (84%)
Puts: $330.0K (16%)
Prior (07/21) $1.27M
Calls: $816.0K (64%)
Puts: $449.7K (36%)
Current vs Prior +64.72%
Calls: +115.07%
Puts: -26.63%
Prior 7-Day Total $11.28M
Calls: $6.87M (61%)
Puts: $4.42M (39%)
Prior 7-Day Average $1.61M
Calls: $981.0K (61%)
Puts: $631.0K (39%)
Current vs Prior 7-Day Avg +29.34%
Calls: +78.89%
Puts: -47.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.84
Prior (07/21) 0.64
Current vs Prior +31.03%
Prior 7-Day Average 0.63
Current vs Prior 7-Day Avg +33.99%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/22) 8,712
Calls: 5,794 (67%)
Puts: 2,918 (33%)
Prior (07/21) 28,403
Calls: 18,491 (65%)
Puts: 9,912 (35%)
Current vs Prior -69.33%
Prior 7-Day Total 120,586
Calls: 83,574 (69%)
Puts: 37,012 (31%)
Prior 7-Day Average 17,226
Calls: 11,939 (69%)
Puts: 5,287 (31%)
Current vs Prior 7-Day Avg -49.43%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 12.51% | 16.20%
Prior 13.00% | 16.55%
Current vs Prior -3.76% | -2.15%
Prior 7-Day Avg 9.57% | 15.92%
Current vs 7-Day Avg +30.73% | +1.76%
Prior 7-Day Eod 13.00% | 16.55%
Current vs 7-Day Eod -3.76% | -2.15%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 2.75% | 2.13%
Calls: 3.48% | 2.12%
Puts: 2.02% | 2.14%
Prior 2.75% | 2.13%
Calls: 3.48% | 2.12%
Puts: 2.02% | 2.14%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 13.90% | 6.42%
Calls: 14.85% | 7.31%
Puts: 12.94% | 5.53%
Current vs 7-Day Avg -80.21% | -66.81%
Liquidity Good
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($1.75M) vs puts ($330.0K). Elevated premium activity with dollar volume up 65% vs prior. P/C ratio rising 31% - increased hedging/bearish positioning. Call-heavy open interest (5,794 calls vs 2,918 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 NEUTRAL
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 7 of results (avg 8.1%, best 5.0%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2139.7042.80$41.257.5%10.91--
$240.00Aug 2111.1012.10$11.608.6%200.51399
$220.00Aug 2123.6025.90$24.759.3%30.76157
$250.00Aug 217.107.80$7.459.4%350.382.9K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2111.6012.20$11.905.0%80.49177
$230.00Aug 217.207.80$7.508.0%90.35153
$260.00Aug 2124.6026.90$25.758.9%130.73--

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. 7 found (avg delta 0.72, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2139.7042.80$41.257.5%10.91--
$210.00Aug 2130.4034.00$32.2011.2%10.8543
$220.00Aug 2123.6025.90$24.759.3%30.76157
$230.00Aug 2116.7019.20$17.9513.9%80.65124
$240.00Aug 2111.1012.10$11.608.6%200.51399
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 2124.6026.90$25.758.9%130.73--
$250.00Aug 2117.5019.50$18.5010.8%10.62--

Most actively traded options today. High liquidity = easy entry/exit. 22 active (total vol 380, top 85)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Aug 211.552.05$1.8027.8%850.12171
$250.00Aug 217.107.80$7.459.4%350.382.9K
$270.00Aug 212.653.20$2.9318.8%320.19243
$260.00Aug 214.405.00$4.7012.8%270.27541
$240.00Aug 2111.1012.10$11.608.6%200.51399
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 212.353.10$2.7327.5%410.15510
$200.00Aug 211.251.80$1.5335.9%380.09835
$195.00Aug 210.951.30$1.1331.0%180.07--
$220.00Aug 214.204.80$4.5013.3%170.24274
$260.00Aug 2124.6026.90$25.758.9%130.73--

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. 16 found (best R:R 114.38, avg 14.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$290.00$300.00Aug 21$0.35$9.65$0.3527.57$290.35
$280.00$290.00Aug 21$0.57$9.43$0.5716.54$280.57
$270.00$280.00Aug 21$1.13$8.87$1.137.85$271.13
$260.00$270.00Aug 21$1.77$8.23$1.774.65$261.77
$250.00$260.00Aug 21$2.75$7.25$2.752.64$252.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$175.00Aug 21$0.13$14.87$0.13114.38$189.87
$175.00$170.00Aug 21$0.40$4.60$0.4011.50$174.60
$200.00$195.00Aug 21$0.40$4.60$0.4011.50$199.60
$195.00$190.00Aug 21$0.45$4.55$0.4510.11$194.55
$210.00$200.00Aug 21$1.20$8.80$1.207.33$208.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 9.53, avg 1.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$210.00Aug 21$9.05$9.05$0.959.53$209.05
$210.00$220.00Aug 21$7.45$7.45$2.552.92$217.45
$220.00$230.00Aug 21$6.80$6.80$3.202.13$226.80
$230.00$240.00Aug 21$6.35$6.35$3.651.74$236.35
$240.00$250.00Aug 21$4.15$4.15$5.850.71$244.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$260.00$250.00Aug 21$7.25$7.25$2.752.64$252.75
$250.00$240.00Aug 21$6.60$6.60$3.401.94$243.40
$240.00$230.00Aug 21$4.40$4.40$5.600.79$235.60
$230.00$220.00Aug 21$3.00$3.00$7.000.43$227.00
$220.00$210.00Aug 21$1.77$1.77$8.230.22$218.23

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. 7 found (cheapest 9.85% of stock, avg 12.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$240.00Aug 21$11.60$11.90$23.50$216.50$263.509.85%
$230.00Aug 21$17.95$7.50$25.45$204.55$255.4510.66%
$250.00Aug 21$7.45$18.50$25.95$224.05$275.9510.87%
$220.00Aug 21$24.75$4.50$29.25$190.75$249.2512.26%
$260.00Aug 21$4.70$25.75$30.45$229.55$290.4512.76%
$210.00Aug 21$32.20$2.73$34.93$175.07$244.9314.64%
$200.00Aug 21$41.25$1.53$42.78$157.22$242.7817.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.16% of stock, avg 3.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$290.00$200.00Aug 21$1.23$1.53$2.76$197.24$292.76
$280.00$200.00Aug 21$1.80$1.53$3.33$196.67$283.33
$290.00$210.00Aug 21$1.23$2.73$3.96$206.04$293.96
$270.00$200.00Aug 21$2.93$1.53$4.46$195.54$274.46
$280.00$210.00Aug 21$1.80$2.73$4.53$205.47$284.53
$270.00$210.00Aug 21$2.93$2.73$5.66$204.34$275.66
$290.00$220.00Aug 21$1.23$4.50$5.73$214.27$295.73
$260.00$200.00Aug 21$4.70$1.53$6.23$193.77$266.23
$280.00$220.00Aug 21$1.80$4.50$6.30$213.70$286.30
$260.00$210.00Aug 21$4.70$2.73$7.43$202.57$267.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 72 found (best R:R 19.00, avg credit $4.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
190/195200/210Aug 21$9.50$0.5019.00$185.50$209.50
170/175200/210Aug 21$9.45$0.5517.18$165.55$209.45
250/260270/280Aug 21$8.38$1.625.17$251.62$278.38
240/250260/270Aug 21$8.37$1.635.13$241.63$268.37
210/220230/240Aug 21$8.12$1.884.32$211.88$238.12
200/210220/230Aug 21$8.00$2.004.00$202.00$228.00
190/195210/220Aug 21$7.90$2.103.76$187.10$217.90
170/175210/220Aug 21$7.85$2.153.65$167.15$217.85
195/200210/220Aug 21$7.85$2.153.65$192.15$217.85
250/260280/290Aug 21$7.82$2.183.59$252.18$287.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 44.45, cheapest $0.22)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$280.00$290.00$300.00Aug 21$0.22$9.7844.45
$220.00$230.00$240.00Aug 21$0.45$9.5521.22
$270.00$280.00$290.00Aug 21$0.56$9.4416.86
$260.00$270.00$280.00Aug 21$0.64$9.3614.63
$210.00$220.00$230.00Aug 21$0.65$9.3514.38
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$200.00$210.00$220.00Aug 21$0.57$9.4316.54
$240.00$250.00$260.00Aug 21$0.65$9.3514.38
$210.00$220.00$230.00Aug 21$1.23$8.777.13
$220.00$230.00$240.00Aug 21$1.40$8.606.14
$230.00$240.00$250.00Aug 21$2.20$7.803.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 16 found (best net $-0.42, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$290.00$300.001:2Aug 21-$0.53$9.47
$280.00$290.001:2Aug 21-$0.66$9.34
$270.00$280.001:2Aug 21-$0.67$9.33
$260.00$270.001:2Aug 21-$1.16$8.84
$250.00$260.001:2Aug 21-$1.95$8.05
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$175.001:2Aug 21-$0.42$14.58
$210.00$200.001:2Aug 21-$0.33$9.67
$220.00$210.001:2Aug 21-$0.96$9.04
$230.00$220.001:2Aug 21-$1.50$8.50
$240.00$230.001:2Aug 21-$3.10$6.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 4.65%, avg 1.94%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$11.100.510.6%4.65%5.22%20399
$250.00Aug 21$7.100.384.8%2.98%7.74%352.9K
$260.00Aug 21$4.400.278.9%1.84%10.79%27541
$270.00Aug 21$2.650.1913.1%1.11%14.25%32243
$280.00Aug 21$1.550.1217.3%0.65%17.98%85171
$290.00Aug 21$0.950.0921.5%0.40%21.92%399

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 542
Total Puts 456
Put/Call Ratio 0.84
Net Difference 86

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 6,097
Total Puts 3,542
Average Put/Call Ratio 0.63
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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