Tour v374
STLD
STEEL DYNAMICS INC
$233.64 +1.37%
7/21 14:05

Option Volume

Detail
Current (07/21 2:05pm) 1,269
Calls: 827 (65%)
Puts: 442 (35%)
Prior (07/20) 1,004
Calls: 651 (65%)
Puts: 353 (35%)
Current vs Prior +26.39%
Calls: +27.04% (Calls)
Puts: +25.21% (Puts)
Prior 7-Day Total 5,586
Calls: 3,234 (58%)
Puts: 2,352 (42%)
Prior 7-Day Average 1,396
Calls: 462 (58%)
Puts: 336 (42%)
Current vs Prior 7-Day Avg -9.13%
Calls: +79.00%
Puts: +31.55%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21 2:05pm) $1.07M
Calls: $752.1K (71%)
Puts: $314.0K (29%)
Prior (07/20) $675.9K
Calls: $485.6K (72%)
Puts: $190.2K (28%)
Current vs Prior +57.74%
Calls: +54.86%
Puts: +65.08%
Prior 7-Day Total $4.49M
Calls: $3.46M (77%)
Puts: $1.03M (23%)
Prior 7-Day Average $1.12M
Calls: $493.8K (77%)
Puts: $147.1K (23%)
Current vs Prior 7-Day Avg -4.96%
Calls: +52.29%
Puts: +113.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/21 2:05pm) 0.53
Prior (07/20) 0.54
Current vs Prior -1.43%
Prior 7-Day Average 0.55
Current vs Prior 7-Day Avg -2.90%
Sentiment BULLISH

Open Interest

Detail
Current (07/21 2:05pm) 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 131,851
Calls: 91,448 (69%)
Puts: 40,403 (31%)
Prior 7-Day Average 32,962
Calls: 22,862 (69%)
Puts: 10,100 (31%)
Current vs Prior 7-Day Avg -13.83%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 12.50% | 16.09%
Prior 4.34% | 14.32%
Current vs Prior +187.83% | +12.35%
Prior 7-Day Avg 8.93% | 14.80%
Current vs 7-Day Avg +39.94% | +8.76%
Prior 7-Day Eod 4.34% | 14.32%
Current vs 7-Day Eod +187.83% | +12.35%
Sentiment BEARISH

Relative Spread

Detail
Expiry | Next
Current 2.75% | 2.13%
Calls: 3.48% | 2.12%
Puts: 2.02% | 2.14%
Prior 52.12% | 6.21%
Calls: 60.61% | 7.54%
Puts: 43.64% | 4.88%
Current vs Prior -94.72% | -65.70%
Prior 7-Day Avg 40.86% | 6.76%
Calls: 53.93% | 6.38%
Puts: 27.79% | 7.15%
Current vs 7-Day Avg -93.27% | -68.49%
Liquidity Good
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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($752.1K). Elevated premium activity with dollar volume up 58% vs prior. Bullish P/C ratio of 0.53. 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 15 of results (avg 5.6%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 219.509.70$9.602.1%1180.45387
$230.00Aug 2114.1014.60$14.353.5%550.58160
$250.00Aug 215.906.20$6.055.0%1970.333.0K
$200.00Aug 2135.9038.30$37.106.5%--0.8821
$190.00Aug 2144.2047.30$45.756.8%--0.93153
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2114.7015.00$14.852.0%290.55162
$230.00Aug 219.509.80$9.653.1%410.42159
$220.00Aug 215.806.10$5.955.0%290.29276
$210.00Aug 213.403.60$3.505.7%480.19536
$260.00Aug 2128.8030.60$29.706.1%--0.7754

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 2135.9038.30$37.106.5%--0.8821
$210.00Aug 2126.7029.80$28.2511.0%20.8143
$220.00Aug 2120.4022.30$21.358.9%210.71178
$230.00Aug 2114.1014.60$14.353.5%550.58160
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Aug 2145.4048.40$46.906.4%--0.8842
$270.00Aug 2136.2039.10$37.657.7%--0.8312
$260.00Aug 2128.8030.60$29.706.1%--0.7754
$250.00Aug 2121.2022.70$21.956.8%10.6766
$240.00Aug 2114.7015.00$14.852.0%290.55162

Most actively traded options today. High liquidity = easy entry/exit. 16 active (total vol 929, top 197)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 215.906.20$6.055.0%1970.333.0K
$260.00Aug 213.704.00$3.857.8%1860.23428
$240.00Aug 219.509.70$9.602.1%1180.45387
$230.00Aug 2114.1014.60$14.353.5%550.58160
$270.00Aug 212.252.90$2.5825.2%300.16256
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 211.852.35$2.1023.8%1240.12832
$210.00Aug 213.403.60$3.505.7%480.19536
$230.00Aug 219.509.80$9.653.1%410.42159
$220.00Aug 215.806.10$5.955.0%290.29276
$240.00Aug 2114.7015.00$14.852.0%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. 11 found (best R:R 10.63, avg 4.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$280.00Aug 21$1.03$8.97$1.038.71$271.03
$260.00$270.00Aug 21$1.27$8.73$1.276.87$261.27
$250.00$260.00Aug 21$2.20$7.80$2.203.55$252.20
$240.00$250.00Aug 21$3.55$6.45$3.551.82$243.55
$230.00$240.00Aug 21$4.75$5.25$4.751.11$234.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$195.00$190.00Aug 21$0.43$4.57$0.4310.63$194.57
$200.00$195.00Aug 21$0.47$4.53$0.479.64$199.53
$210.00$200.00Aug 21$1.40$8.60$1.406.14$208.60
$220.00$210.00Aug 21$2.45$7.55$2.453.08$217.55
$230.00$220.00Aug 21$3.70$6.30$3.701.70$226.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 12.33, avg 2.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$210.00Aug 21$8.85$8.85$1.157.70$208.85
$190.00$200.00Aug 21$8.65$8.65$1.356.41$198.65
$220.00$230.00Aug 21$7.00$7.00$3.002.33$227.00
$210.00$220.00Aug 21$6.90$6.90$3.102.23$216.90
$230.00$240.00Aug 21$4.75$4.75$5.250.90$234.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$280.00$270.00Aug 21$9.25$9.25$0.7512.33$270.75
$270.00$260.00Aug 21$7.95$7.95$2.053.88$262.05
$260.00$250.00Aug 21$7.75$7.75$2.253.44$252.25
$250.00$240.00Aug 21$7.10$7.10$2.902.45$242.90
$240.00$230.00Aug 21$5.20$5.20$4.801.08$234.80

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 10.27% of stock, avg 14.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$230.00Aug 21$14.35$9.65$24.00$206.00$254.0010.27%
$240.00Aug 21$9.60$14.85$24.45$215.55$264.4510.46%
$220.00Aug 21$21.35$5.95$27.30$192.70$247.3011.68%
$250.00Aug 21$6.05$21.95$28.00$222.00$278.0011.98%
$210.00Aug 21$28.25$3.50$31.75$178.25$241.7513.59%
$260.00Aug 21$3.85$29.70$33.55$226.45$293.5514.36%
$200.00Aug 21$37.10$2.10$39.20$160.80$239.2016.78%
$270.00Aug 21$2.58$37.65$40.23$229.77$310.2317.22%
$190.00Aug 21$45.75$1.20$46.95$143.05$236.9520.10%
$280.00Aug 21$1.55$46.90$48.45$231.55$328.4520.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.36% of stock, avg 3.98%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$280.00$195.00Aug 21$1.55$1.63$3.18$191.82$283.18
$280.00$200.00Aug 21$1.55$2.10$3.65$196.35$283.65
$270.00$195.00Aug 21$2.58$1.63$4.21$190.79$274.21
$270.00$200.00Aug 21$2.58$2.10$4.68$195.32$274.68
$280.00$210.00Aug 21$1.55$3.50$5.05$204.95$285.05
$260.00$195.00Aug 21$3.85$1.63$5.48$189.52$265.48
$260.00$200.00Aug 21$3.85$2.10$5.95$194.05$265.95
$270.00$210.00Aug 21$2.58$3.50$6.08$203.92$276.08
$260.00$210.00Aug 21$3.85$3.50$7.35$202.65$267.35
$280.00$220.00Aug 21$1.55$5.95$7.50$212.50$287.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 36 found (best R:R 12.89, avg credit $5.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
190/195200/210Aug 21$9.28$0.7212.89$185.72$209.28
250/260270/280Aug 21$8.78$1.227.20$251.22$278.78
200/210220/230Aug 21$8.40$1.605.25$201.60$228.40
240/250260/270Aug 21$8.37$1.635.13$241.63$268.37
240/250270/280Aug 21$8.13$1.874.35$241.87$278.13
195/200220/230Aug 21$7.47$2.532.95$192.53$227.47
190/195220/230Aug 21$7.43$2.572.89$187.57$227.43
230/240250/260Aug 21$7.40$2.602.85$232.60$257.40
195/200210/220Aug 21$7.37$2.632.80$192.63$217.37
190/195210/220Aug 21$7.33$2.672.75$187.67$217.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 49.00, cheapest $0.20)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$270.00$280.00Aug 21$0.24$9.7640.67
$250.00$260.00$270.00Aug 21$0.93$9.079.75
$230.00$240.00$250.00Aug 21$1.20$8.807.33
$240.00$250.00$260.00Aug 21$1.35$8.656.41
$200.00$210.00$220.00Aug 21$1.95$8.054.13
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Aug 21$0.20$9.8049.00
$240.00$250.00$260.00Aug 21$0.65$9.3514.38
$200.00$210.00$220.00Aug 21$1.05$8.958.52
$210.00$220.00$230.00Aug 21$1.25$8.757.00
$260.00$270.00$280.00Aug 21$1.30$8.706.69

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 $-0.52, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$270.00$280.001:2Aug 21-$0.52$9.48
$260.00$270.001:2Aug 21-$1.31$8.69
$250.00$260.001:2Aug 21-$1.65$8.35
$240.00$250.001:2Aug 21-$2.50$7.50
$230.00$240.001:2Aug 21-$4.85$5.15
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Aug 21-$0.70$9.30
$220.00$210.001:2Aug 21-$1.05$8.95
$230.00$220.001:2Aug 21-$2.25$7.75
$240.00$230.001:2Aug 21-$4.45$5.55
$195.00$190.001:2Aug 21-$0.77$4.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 4.07%, avg 1.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$9.500.452.7%4.07%6.79%118387
$250.00Aug 21$5.900.337.0%2.53%9.53%1973.0K
$260.00Aug 21$3.700.2311.3%1.58%12.87%186428
$270.00Aug 21$2.250.1615.6%0.96%16.53%30256
$280.00Aug 21$1.400.1119.8%0.60%20.44%21160

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 827
Total Puts 442
Put/Call Ratio 0.53
Net Difference 385

Prior's Put/Call Breakdown

Total Calls 651
Total Puts 353
Put/Call Ratio 0.54
Net Difference 298

Prior 7-Day Put/Call Summary

Total Calls 3,234
Total Puts 2,352
Average Put/Call Ratio 0.55
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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