Tour v527
TEVA
TEVA PHARMACEUTICAL
$38.49 -0.59%
9/15 09:45

Option Volume

Detail
Current (09/15 9:45am) 217
Calls: 171 (79%)
Puts: 46 (21%)
Prior (09/02) 162
Calls: 126 (78%)
Puts: 36 (22%)
Current vs Prior +33.95%
Calls: +35.71% (Calls)
Puts: +27.78% (Puts)
Prior 7-Day Total 107,332
Calls: 76,911 (72%)
Puts: 30,421 (28%)
Prior 7-Day Average 15,333
Calls: 10,987 (72%)
Puts: 4,345 (28%)
Current vs Prior 7-Day Avg -98.58%
Calls: -98.44%
Puts: -98.94%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/15 9:45am) $108.9K
Calls: $103.5K (95%)
Puts: $5.4K (5%)
Prior (09/02) $71.3K
Calls: $59.5K (83%)
Puts: $11.8K (17%)
Current vs Prior +52.65%
Calls: +73.93%
Puts: -54.42%
Prior 7-Day Total $16.66M
Calls: $12.54M (75%)
Puts: $4.12M (25%)
Prior 7-Day Average $2.38M
Calls: $1.79M (75%)
Puts: $588.7K (25%)
Current vs Prior 7-Day Avg -95.42%
Calls: -94.22%
Puts: -99.08%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/15 9:45am) 0.27
Prior (09/02) 0.29
Current vs Prior -5.85%
Prior 7-Day Average 0.53
Current vs Prior 7-Day Avg -49.71%
Sentiment BULLISH

Open Interest

Detail
Current (09/15 9:45am) 400,985
Calls: 279,593 (70%)
Puts: 121,392 (30%)
Prior (09/02) 392,126
Calls: 275,268 (70%)
Puts: 116,858 (30%)
Current vs Prior +2.26%
Prior 7-Day Total 2,963,047
Calls: 2,060,289 (70%)
Puts: 902,758 (30%)
Prior 7-Day Average 423,292
Calls: 294,327 (70%)
Puts: 128,965 (30%)
Current vs Prior 7-Day Avg -5.27%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 3.79% | 7.95%3.79% | 9.66%
Prior 3.88% | 7.41%7.16% | 11.46%
Current vs Prior -2.35% | +7.28%-47.04% | -15.67%
Prior 7-Day Avg 6.44% | 8.60%8.26% | 12.39%
Current vs 7-Day Avg -41.13% | -7.56%-54.07% | -22.01%
Prior 7-Day Eod 3.88% | 7.41%4.77% | 10.27%
Current vs 7-Day Eod -2.35% | +7.28%-20.51% | -5.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 118.18% | 201.82%
Calls: 118.18% | 201.82%
Puts: -- | --
Prior 91.66% | 136.49%
Calls: 65.00% | 139.02%
Puts: 118.33% | 133.96%
Current vs Prior +28.93% | +47.86%
Prior 7-Day Avg 72.94% | 57.80%
Calls: 82.48% | 48.93%
Puts: 63.41% | 66.68%
Current vs 7-Day Avg +62.02% | +249.17%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($103.5K) vs puts ($5.4K). Elevated premium activity with dollar volume up 53% vs prior. Extreme bullish P/C ratio of 0.27 - heavy call buying (171 calls vs 46 puts). Call-heavy open interest (279,593 calls vs 121,392 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 7.7%, best 7.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.00Sep 186.256.75$6.507.7%--0.981.5K
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. 37 found (avg delta 0.75, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$31.00Sep 185.909.60$7.7547.7%--0.99648
$32.00Sep 186.256.75$6.507.7%--0.981.5K
$33.00Sep 185.056.65$5.8527.4%--0.983.2K
$34.00Sep 183.655.85$4.7546.3%--0.972.6K
$35.00Sep 183.254.15$3.7024.3%10.952.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.50Sep 180.591.36$0.9878.6%--0.8258
$40.00Oct 90.993.15$2.07104.3%--0.6422
$40.00Oct 161.792.71$2.2540.9%--0.6310
$39.00Sep 180.041.31$0.68186.8%--0.62118
$39.00Sep 250.143.05$1.60181.9%--0.54138

Most actively traded options today. High liquidity = easy entry/exit. 6 active (total vol 40, top 22)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$41.00Oct 300.001.77$0.89198.9%110.34--
$39.50Sep 180.130.32$0.2382.6%40.29187
$35.00Sep 183.254.15$3.7024.3%10.952.8K
$40.00Sep 180.030.17$0.10140.0%10.1610.1K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$36.00Sep 180.040.11$0.0887.5%220.085.7K
$36.50Sep 180.000.46$0.23200.0%10.1739

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 34.6%, max 65.3%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$38.00Sep 18Oct 3054.5%35.5%53.7%--3.0K
$37.00Sep 18Oct 3053.4%36.2%47.5%--12.0K
$37.50Sep 18Sep 2559.2%46.9%26.3%--112
$40.00Sep 18Oct 1633.4%31.0%7.5%110.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$38.00Sep 18Oct 1654.5%33.0%65.3%--901
$37.00Sep 18Oct 1653.4%37.5%42.2%--915
$37.50Sep 18Oct 259.2%44.3%33.7%--119
$36.50Sep 18Oct 267.7%54.7%23.8%167
$40.00Oct 9Oct 1634.7%31.0%11.7%--32

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 37 found (best R:R 0.89, avg 2.41)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$35.00$37.00Oct 30$1.06$0.94$1.0680%0.89$36.06
$35.00$36.00Sep 25$0.42$0.58$0.4281%1.38$35.42
$32.00$33.00Sep 18$0.65$0.35$0.6598%0.54$32.65
$37.00$37.50Sep 18$0.17$0.33$0.1783%1.94$37.17
$40.00$41.00Oct 16$0.13$0.87$0.1340%6.69$40.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$38.00$37.00Oct 16$0.20$0.80$0.2040%4.00$37.80
$34.00$32.00Oct 2$0.10$1.90$0.1016%19.00$33.90
$39.00$38.50Sep 18$0.17$0.33$0.1762%1.94$38.83
$39.50$39.00Sep 18$0.30$0.20$0.3082%0.67$39.20
$35.00$34.00Sep 25$0.13$0.87$0.1319%6.69$34.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 3.17, avg 0.72)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$39.00$40.00Oct 16$0.76$0.76$0.2449%3.17$39.76
$39.00$40.00Sep 25$0.52$0.52$0.4852%1.08$39.52
$40.50$41.00Sep 18$0.19$0.19$0.3177%0.61$40.69
$41.00$42.00Oct 16$0.35$0.35$0.6568%0.54$41.35
$38.50$39.00Sep 25$0.35$0.35$0.1545%2.33$38.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$36.00$35.00Oct 16$0.45$0.45$0.5574%0.82$35.55
$36.50$35.50Oct 2$0.40$0.40$0.6071%0.67$36.10
$37.50$37.00Oct 2$0.27$0.27$0.2365%1.17$37.23
$36.50$36.00Sep 18$0.15$0.15$0.3583%0.43$36.35
$37.50$37.00Sep 18$0.19$0.19$0.3172%0.61$37.31

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.62, cheapest $0.30)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$38.00Sep 18Sep 25$0.8054.5%43.3%
$39.00Sep 18Sep 25$0.5737.6%43.2%
$38.50Sep 18Sep 25$0.6741.5%55.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$38.00Sep 18Sep 25$0.3054.5%43.3%
$40.00Oct 9Oct 16$0.1834.7%31.0%
$38.50Sep 18Oct 2$0.8741.5%44.6%
$39.00Sep 18Sep 25$0.9237.6%43.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 2.88% of stock, avg 7.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$39.00Sep 18$0.43$0.68$1.11$37.89$40.112.88%
$38.50Sep 18$0.68$0.51$1.19$37.31$39.693.09%
$39.50Sep 18$0.23$0.98$1.21$38.29$40.713.14%
$38.00Sep 18$0.95$0.48$1.43$36.57$39.433.72%
$37.00Sep 18$1.58$0.19$1.77$35.23$38.774.60%
$37.50Sep 18$1.41$0.38$1.79$35.71$39.294.65%
$37.00Sep 25$1.65$0.48$2.13$34.87$39.135.53%
$36.00Sep 18$2.42$0.08$2.50$33.50$38.506.50%
$38.00Sep 25$1.75$0.78$2.53$35.47$40.536.57%
$36.50Sep 18$2.35$0.23$2.58$33.92$39.086.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 93 found (cheapest 0.75% of stock, avg 3.04%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$40.00$37.00Sep 18$0.10$0.19$0.29$36.71$40.29
$41.00$37.00Sep 18$0.09$0.19$0.28$36.72$41.28
$40.00$36.50Sep 18$0.10$0.23$0.33$36.17$40.33
$41.00$36.50Sep 18$0.09$0.23$0.32$36.18$41.32
$39.50$37.00Sep 18$0.23$0.19$0.42$36.58$39.92
$40.50$37.00Sep 18$0.28$0.19$0.47$36.53$40.97
$39.50$36.50Sep 18$0.23$0.23$0.46$36.04$39.96
$40.50$36.50Sep 18$0.28$0.23$0.51$35.99$41.01
$40.00$37.50Sep 18$0.10$0.38$0.48$37.02$40.48
$41.00$37.50Sep 18$0.09$0.38$0.47$37.03$41.47

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 8 found (best R:R 4.00, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
35/3641/42Oct 16$0.80$0.2042%4.00$35.20$41.80
35/3643/44Oct 16$0.64$0.3655%1.78$35.36$43.64
36/3640/41Sep 18$0.34$0.1660%2.13$36.16$40.84
37/3840/41Sep 18$0.38$0.1250%3.17$37.12$40.88
36/3640/40Sep 18$0.28$0.2254%1.27$36.22$39.78
33/3441/42Oct 16$0.50$0.5054%1.00$33.50$41.50
37/3840/40Sep 18$0.32$0.1844%1.78$37.18$39.82
33/3443/44Oct 16$0.34$0.6667%0.52$33.66$43.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$38.50$39.00$39.50Sep 18$0.05$0.4529%9.00
$39.00$39.50$40.00Sep 18$0.07$0.4328%6.14
$40.00$41.00$42.00Sep 25$0.08$0.9212%11.50
$33.00$34.00$35.00Sep 18$0.05$0.953%19.00
$36.00$37.00$38.00Oct 16$0.13$0.8714%6.69
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$38.50$39.00$39.50Sep 18$0.13$0.3737%2.85
$36.00$37.00$38.00Oct 16$0.11$0.8914%8.09
$34.50$35.00$35.50Sep 18$0.07$0.435%6.14
$38.00$38.50$39.00Sep 18$0.14$0.3626%2.57
$36.00$36.50$37.00Sep 25$0.10$0.407%4.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 51 found (best net $-0.39, 42 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$37.001:2Oct 2-$0.39$1.61
$39.00$40.001:2Oct 16-$0.17$0.83
$41.00$42.001:2Oct 16-$0.10$0.90
$38.50$39.001:2Sep 18-$0.18$0.32
$40.00$41.001:2Sep 25-$0.28$0.72
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$36.50$35.501:2Oct 2-$0.08$0.92
$38.00$37.001:2Sep 25-$0.18$0.82
$34.00$33.001:2Oct 16-$0.06$0.94
$39.50$39.001:2Sep 18-$0.38$0.12
$32.00$31.001:2Sep 18-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 3.07%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$39.00Oct 16$1.180.511.3%3.07%4.39%--5.1K
$41.00Oct 16$0.440.326.5%1.14%7.66%--92
$40.00Oct 16$0.490.403.9%1.27%5.20%--636
$41.00Oct 2$0.230.286.5%0.60%7.12%--10
$42.00Oct 16$0.150.229.1%0.39%9.51%--148
$40.00Oct 9$0.290.383.9%0.75%4.68%--207
$45.00Oct 16$0.060.1116.9%0.16%17.07%--13
$39.50Oct 2$0.240.462.6%0.62%3.25%--50
$40.00Oct 2$0.190.333.9%0.49%4.42%--271
$39.50Sep 18$0.130.292.6%0.34%2.96%4187

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 171
Total Puts 46
Put/Call Ratio 0.27
Net Difference 125

Prior's Put/Call Breakdown

Total Calls 126
Total Puts 36
Put/Call Ratio 0.29
Net Difference 90

Prior 7-Day Put/Call Summary

Total Calls 76,911
Total Puts 30,421
Average Put/Call Ratio 0.53
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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