Tour v477
STLD
STEEL DYNAMICS INC
$251.26 -0.49%
$253.00 (+0.69%)🌙
as of 07/31 07:11 PM
7/31 19:11

Option Volume

Detail
Current (07/31) 228
Calls: 190 (83%)
Puts: 38 (17%)
Prior (07/30) 242
Calls: 181 (75%)
Puts: 61 (25%)
Current vs Prior -5.79%
Calls: +4.97% (Calls)
Puts: -37.70% (Puts)
Prior 7-Day Total 4,804
Calls: 3,038 (63%)
Puts: 1,766 (37%)
Prior 7-Day Average 686
Calls: 434 (63%)
Puts: 252 (37%)
Current vs Prior 7-Day Avg -66.78%
Calls: -56.22%
Puts: -84.94%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $411.2K
Calls: $365.6K (89%)
Puts: $45.6K (11%)
Prior (07/30) $802.7K
Calls: $687.7K (86%)
Puts: $115.0K (14%)
Current vs Prior -48.78%
Calls: -46.85%
Puts: -60.33%
Prior 7-Day Total $6.88M
Calls: $5.40M (79%)
Puts: $1.48M (21%)
Prior 7-Day Average $983.0K
Calls: $772.1K (79%)
Puts: $210.9K (21%)
Current vs Prior 7-Day Avg -58.18%
Calls: -52.66%
Puts: -78.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.20
Prior (07/30) 0.34
Current vs Prior -40.66%
Prior 7-Day Average 0.67
Current vs Prior 7-Day Avg -70.04%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 6,773
Calls: 4,792 (71%)
Puts: 1,981 (29%)
Prior (07/30) 10,514
Calls: 8,412 (80%)
Puts: 2,102 (20%)
Current vs Prior -35.58%
Prior 7-Day Total 69,679
Calls: 48,842 (70%)
Puts: 20,837 (30%)
Prior 7-Day Average 9,954
Calls: 6,977 (70%)
Puts: 2,976 (30%)
Current vs Prior 7-Day Avg -31.96%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 10.05% | 14.27%
Prior 10.34% | 14.20%
Current vs Prior -2.78% | +0.49%
Prior 7-Day Avg 11.47% | 15.38%
Current vs 7-Day Avg -12.40% | -7.22%
Prior 7-Day Eod 10.34% | 14.20%
Current vs 7-Day Eod -2.78% | +0.49%
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 2.75% | 2.13%
Calls: 3.48% | 2.12%
Puts: 2.02% | 2.14%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Good
+
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🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($365.6K) vs puts ($45.6K). Extreme bullish P/C ratio of 0.20 - heavy call buying (190 calls vs 38 puts). P/C ratio dropping 41% - sentiment shifting bullish. Call-heavy open interest (4,792 calls vs 1,981 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 1 of results (avg 9.2%, best 9.2%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2132.0035.10$33.559.2%50.90141
PUTS (0)
No puts meet the criteria

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. 4 found (avg delta 0.74, highest 0.90)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 2132.0035.10$33.559.2%50.90141
$230.00Aug 2123.5026.50$25.0012.0%20.82123
$240.00Aug 2116.0018.10$17.0512.3%40.69--
$250.00Aug 219.8011.20$10.5013.3%10.542.9K
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 16 active (total vol 94, top 46)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Aug 215.407.40$6.4031.2%460.39566
$220.00Aug 2132.0035.10$33.559.2%50.90141
$290.00Aug 210.751.35$1.0557.1%50.09197
$240.00Aug 2116.0018.10$17.0512.3%40.69--
$280.00Aug 211.452.85$2.1565.1%40.16--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 210.200.50$0.3585.7%100.03831
$250.00Aug 217.909.20$8.5515.2%60.4670
$195.00Aug 210.100.45$0.28125.0%10.02--
$210.00Aug 210.450.90$0.6866.2%10.05454
$220.00Aug 211.051.65$1.3544.4%10.10285

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. 11 found (best R:R 44.45, avg 12.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$290.00$300.00Aug 21$0.22$9.78$0.2244.45$290.22
$300.00$310.00Aug 21$0.40$9.60$0.4024.00$300.40
$280.00$290.00Aug 21$1.10$8.90$1.108.09$281.10
$270.00$280.00Aug 21$1.63$8.37$1.635.13$271.63
$260.00$270.00Aug 21$2.62$7.38$2.622.82$262.62
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$210.00$200.00Aug 21$0.33$9.67$0.3329.30$209.67
$220.00$210.00Aug 21$0.67$9.33$0.6713.93$219.33
$240.00$220.00Aug 21$3.95$16.05$3.954.06$236.05
$250.00$240.00Aug 21$3.25$6.75$3.252.08$246.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 5.90, avg 1.07)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$220.00$230.00Aug 21$8.55$8.55$1.455.90$228.55
$230.00$240.00Aug 21$7.95$7.95$2.053.88$237.95
$240.00$250.00Aug 21$6.55$6.55$3.451.90$246.55
$250.00$260.00Aug 21$4.10$4.10$5.900.69$254.10
$260.00$270.00Aug 21$2.62$2.62$7.380.36$262.62
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$240.00Aug 21$3.25$3.25$6.750.48$246.75
$240.00$220.00Aug 21$3.95$3.95$16.050.25$236.05
$220.00$210.00Aug 21$0.67$0.67$9.330.07$219.33
$210.00$200.00Aug 21$0.33$0.33$9.670.03$209.67

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. 3 found (cheapest 7.58% of stock, avg 10.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$250.00Aug 21$10.50$8.55$19.05$230.95$269.057.58%
$240.00Aug 21$17.05$5.30$22.35$217.65$262.358.90%
$220.00Aug 21$33.55$1.35$34.90$185.10$254.9013.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 0.60% of stock, avg 2.71%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$300.00$210.00Aug 21$0.83$0.68$1.51$208.49$301.51
$290.00$210.00Aug 21$1.05$0.68$1.73$208.27$291.73
$300.00$220.00Aug 21$0.83$1.35$2.18$217.82$302.18
$290.00$220.00Aug 21$1.05$1.35$2.40$217.60$292.40
$280.00$210.00Aug 21$2.15$0.68$2.83$207.17$282.83
$280.00$220.00Aug 21$2.15$1.35$3.50$216.50$283.50
$270.00$210.00Aug 21$3.78$0.68$4.46$205.54$274.46
$270.00$220.00Aug 21$3.78$1.35$5.13$214.87$275.13
$300.00$240.00Aug 21$0.83$5.30$6.13$233.87$306.13
$290.00$240.00Aug 21$1.05$5.30$6.35$233.65$296.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 28 found (best R:R 7.93, avg credit $4.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
200/210220/230Aug 21$8.88$1.127.93$201.12$228.88
210/220230/240Aug 21$8.62$1.386.25$211.38$238.62
200/210230/240Aug 21$8.28$1.724.81$201.72$238.28
210/220240/250Aug 21$7.22$2.782.60$212.78$247.22
200/210240/250Aug 21$6.88$3.122.21$203.12$246.88
240/250260/270Aug 21$5.87$4.131.42$244.13$265.87
240/250270/280Aug 21$4.88$5.120.95$245.12$274.88
210/220250/260Aug 21$4.77$5.230.91$215.23$254.77
200/210250/260Aug 21$4.43$5.570.80$205.57$254.43
240/250280/290Aug 21$4.35$5.650.77$245.65$284.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 28.41, cheapest $0.34)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$270.00$280.00$290.00Aug 21$0.53$9.4717.87
$220.00$230.00$240.00Aug 21$0.60$9.4015.67
$280.00$290.00$300.00Aug 21$0.88$9.1210.36
$260.00$270.00$280.00Aug 21$0.99$9.019.10
$230.00$240.00$250.00Aug 21$1.40$8.606.14
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$200.00$210.00$220.00Aug 21$0.34$9.6628.41

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 $-0.01, 11 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$310.001:2Aug 21-$0.03$9.97
$270.00$280.001:2Aug 21-$0.52$9.48
$290.00$300.001:2Aug 21-$0.61$9.39
$260.00$270.001:2Aug 21-$1.16$8.84
$250.00$260.001:2Aug 21-$2.30$7.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$220.00$210.001:2Aug 21-$0.01$9.99
$210.00$200.001:2Aug 21-$0.02$9.98
$250.00$240.001:2Aug 21-$2.05$7.95
$200.00$195.001:2Aug 21-$0.21$4.79
$240.00$220.001:2Aug 21$2.60$17.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 2.15%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$260.00Aug 21$5.400.393.5%2.15%5.63%46566
$270.00Aug 21$2.850.267.5%1.13%8.59%1--
$280.00Aug 21$1.450.1611.4%0.58%12.02%4--
$290.00Aug 21$0.750.0915.4%0.30%15.72%5197
$300.00Aug 21$0.300.0719.4%0.12%19.52%4--

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 190
Total Puts 38
Put/Call Ratio 0.20
Net Difference 152

Prior's Put/Call Breakdown

Total Calls 181
Total Puts 61
Put/Call Ratio 0.34
Net Difference 120

Prior 7-Day Put/Call Summary

Total Calls 3,038
Total Puts 1,766
Average Put/Call Ratio 0.67
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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