Tour v381
TLN
TALEN ENERGY CORP NE
$366.14 +1.62%
$367.00 (+0.23%)🌙
as of 07/21 07:08 PM
7/21 19:08

Option Volume

Detail
Current (07/21) 2,559
Calls: 1,332 (52%)
Puts: 1,227 (48%)
Prior (07/20) 3,393
Calls: 2,005 (59%)
Puts: 1,388 (41%)
Current vs Prior -24.58%
Calls: -33.57% (Calls)
Puts: -11.60% (Puts)
Prior 7-Day Total 28,924
Calls: 19,623 (68%)
Puts: 9,301 (32%)
Prior 7-Day Average 4,132
Calls: 2,803 (68%)
Puts: 1,328 (32%)
Current vs Prior 7-Day Avg -38.07%
Calls: -52.48%
Puts: -7.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/21) $3.89M
Calls: $1.22M (31%)
Puts: $2.67M (69%)
Prior (07/20) $4.34M
Calls: $2.06M (47%)
Puts: $2.28M (53%)
Current vs Prior -10.34%
Calls: -40.59%
Puts: +16.88%
Prior 7-Day Total $51.98M
Calls: $36.06M (69%)
Puts: $15.92M (31%)
Prior 7-Day Average $7.43M
Calls: $5.15M (69%)
Puts: $2.27M (31%)
Current vs Prior 7-Day Avg -47.60%
Calls: -76.29%
Puts: +17.36%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21) 0.92
Prior (07/20) 0.69
Current vs Prior +33.07%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +65.50%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/21) 12,960
Calls: 10,030 (77%)
Puts: 2,930 (23%)
Prior (07/20) 14,256
Calls: 12,355 (87%)
Puts: 1,901 (13%)
Current vs Prior -9.09%
Prior 7-Day Total 141,029
Calls: 98,143 (70%)
Puts: 42,886 (30%)
Prior 7-Day Average 20,147
Calls: 14,020 (70%)
Puts: 6,126 (30%)
Current vs Prior 7-Day Avg -35.67%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.63% | 9.08%16.00% | 22.16%
Prior 6.95% | 9.67%16.24% | 22.92%
Current vs Prior -19.07% | -6.11%-1.42% | -3.32%
Prior 7-Day Avg 6.32% | 9.49%6.86% | 18.74%
Current vs 7-Day Avg -10.99% | -4.35%+133.16% | +18.25%
Prior 7-Day Eod 6.95% | 9.67%16.24% | 22.92%
Current vs 7-Day Eod -19.07% | -6.11%-1.42% | -3.32%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 11.06% | 16.77%
Calls: 12.01% | 16.08%
Puts: 10.12% | 17.46%
Prior 11.06% | 16.77%
Calls: 12.01% | 16.08%
Puts: 10.12% | 17.46%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 11.06% | 16.77%
Calls: 12.01% | 16.08%
Puts: 10.12% | 17.46%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($2.67M). P/C ratio rising 33% - increased hedging/bearish positioning. Call-heavy open interest (10,030 calls vs 2,930 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
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 4 of results (avg 9.3%, best 8.6%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Jul 2415.6017.20$16.409.8%300.6930
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$435.00Aug 2172.0078.50$75.258.6%50.76--
$435.00Aug 2875.1082.00$78.558.8%50.75--
$382.50Jul 2419.1021.10$20.1010.0%20.731

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. 16 found (avg delta 0.66, highest 0.90)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Jul 2453.3060.50$56.9012.7%50.90--
$315.00Aug 2158.5065.00$61.7510.5%10.801
$355.00Jul 2415.6017.20$16.409.8%300.6930
$350.00Aug 2135.4042.00$38.7017.1%10.63--
$355.00Aug 2131.0039.00$35.0022.9%20.60--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$435.00Aug 2172.0078.50$75.258.6%50.76--
$435.00Aug 2875.1082.00$78.558.8%50.75--
$382.50Jul 2419.1021.10$20.1010.0%20.731
$382.50Jul 3124.3027.10$25.7010.9%20.64--
$400.00Aug 2146.6051.80$49.2010.6%10.64--

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 1.4K, top 565)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Jul 245.206.90$6.0528.1%760.3723
$395.00Jul 241.053.40$2.23105.4%680.1613
$402.50Jul 240.055.30$2.68195.9%390.16--
$390.00Jul 240.753.30$2.03125.6%360.1754
$400.00Jul 240.052.50$1.27192.9%350.1112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Aug 2127.2032.90$30.0519.0%5650.4816
$350.00Jul 242.857.30$5.0887.6%1190.2744
$300.00Aug 215.207.40$6.3034.9%240.14406
$310.00Aug 73.708.40$6.0577.7%230.16175
$310.00Aug 143.109.50$6.30101.6%200.168

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 17.9%, max 71.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$405.00Jul 24Jul 31104.8%60.9%71.9%49
$387.50Jul 24Aug 2192.9%66.7%39.3%3031
$435.00Jul 31Aug 2884.0%66.3%26.8%37
$380.00Jul 24Aug 2189.9%71.2%26.3%11302
$415.00Jul 31Aug 2179.9%66.6%20.0%611
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$350.00Jul 24Aug 2188.8%64.8%37.0%121407
$382.50Jul 24Jul 3174.7%64.4%15.9%41
$310.00Jul 31Aug 2180.5%71.0%13.5%2177
$300.00Aug 7Aug 2181.5%71.9%13.4%36419
$435.00Aug 21Aug 2872.6%66.3%9.5%10--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 44 found (best R:R 24.00, avg 3.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$402.50$405.00Jul 24$0.10$2.40$0.1024.00$402.60
$370.00$372.50Jul 31$0.25$2.25$0.259.00$370.25
$395.00$400.00Jul 31$0.60$4.40$0.607.33$395.60
$375.00$380.00Aug 21$0.70$4.30$0.706.14$375.70
$385.00$390.00Aug 14$0.90$4.10$0.904.56$385.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$340.00$310.00Jul 31$2.52$27.48$2.5210.90$337.48
$335.00$325.00Jul 24$1.20$8.80$1.207.33$333.80
$360.00$350.00Jul 24$1.87$8.13$1.874.35$358.13
$310.00$300.00Aug 21$1.95$8.05$1.954.13$308.05
$310.00$300.00Aug 7$2.27$7.73$2.273.41$307.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 9.00, avg 1.18)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$310.00$355.00Jul 24$40.50$40.50$4.509.00$350.50
$397.50$400.00Jul 24$1.91$1.91$0.593.24$399.41
$350.00$355.00Aug 21$3.70$3.70$1.302.85$353.70
$372.50$375.00Aug 21$1.80$1.80$0.702.57$374.30
$385.00$390.00Aug 7$3.50$3.50$1.502.33$388.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$435.00$400.00Aug 28$27.95$27.95$7.053.96$407.05
$435.00$400.00Aug 21$26.05$26.05$8.952.91$408.95
$382.50$375.00Jul 24$5.40$5.40$2.102.57$377.10
$400.00$387.50Aug 21$8.45$8.45$4.052.09$391.55
$350.00$345.00Jul 24$3.18$3.18$1.821.75$346.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $8.39, cheapest $0.55)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$405.00Jul 24Jul 31$0.55104.8%60.9%
$395.00Jul 24Jul 31$3.5782.9%65.9%
$380.00Jul 24Jul 31$3.6589.9%65.4%
$400.00Jul 24Jul 31$3.9377.8%68.2%
$420.00Aug 14Aug 21$4.4066.2%71.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$400.00Aug 21Aug 28$1.4066.7%66.3%
$300.00Aug 7Aug 21$2.5281.5%71.9%
$435.00Aug 21Aug 28$3.3072.6%66.3%
$310.00Jul 31Aug 7$3.7780.5%84.4%
$370.00Aug 7Aug 14$4.0077.4%70.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 5.67% of stock, avg 15.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$375.00Jul 24$6.05$14.70$20.75$354.25$395.755.67%
$382.50Jul 24$3.83$20.10$23.93$358.57$406.436.54%
$355.00Aug 21$35.00$22.20$57.20$297.80$412.2015.62%
$350.00Aug 21$38.70$19.60$58.30$291.70$408.3015.92%
$370.00Aug 21$28.40$30.05$58.45$311.55$428.4515.96%
$387.50Aug 21$19.65$40.75$60.40$327.10$447.9016.50%
$400.00Aug 21$15.70$49.20$64.90$335.10$464.9017.73%
$435.00Aug 21$9.80$75.25$85.05$349.95$520.0523.23%
$435.00Aug 28$10.20$78.55$88.75$346.25$523.7524.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 91 found (cheapest 1.46% of stock, avg 7.09%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$382.50$325.00Jul 24$3.83$1.53$5.36$319.64$387.86
$382.50$345.00Jul 24$3.83$1.90$5.73$339.27$388.23
$382.50$335.00Jul 24$3.83$2.73$6.56$328.44$389.06
$377.50$325.00Jul 24$5.25$1.53$6.78$318.22$384.28
$377.50$345.00Jul 24$5.25$1.90$7.15$337.85$384.65
$400.00$310.00Jul 31$5.20$2.28$7.48$302.52$407.48
$375.00$325.00Jul 24$6.05$1.53$7.58$317.42$382.58
$380.00$325.00Jul 24$6.25$1.53$7.78$317.22$387.78
$375.00$345.00Jul 24$6.05$1.90$7.95$337.05$382.95
$377.50$335.00Jul 24$5.25$2.73$7.98$327.02$385.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 107 found (best R:R 38.47, avg credit $7.66)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
375/382398/400Jul 24$7.31$0.1938.47$375.19$404.81
350/355380/388Aug 21$7.25$0.2529.00$347.75$387.25
340/345380/388Aug 21$7.10$0.4017.75$337.90$387.10
350/355372/375Aug 21$4.40$0.607.33$350.60$376.90
370/388390/400Aug 21$15.15$2.356.45$372.35$405.15
340/345372/375Aug 21$4.25$0.755.67$340.75$376.75
375/382392/395Jul 24$6.35$1.155.52$376.15$398.85
345/350355/368Jul 24$10.53$1.975.35$339.47$365.53
350/355370/372Aug 21$4.20$0.805.25$350.80$374.20
355/370380/388Aug 21$12.50$2.505.00$357.50$392.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 9.53, cheapest $0.44)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$390.00$400.00$410.00Aug 21$1.65$8.355.06
$382.50$385.00$387.50Jul 24$0.44$2.064.68
$405.00$407.50$410.00Jul 31$0.83$1.672.01
$380.00$385.00$390.00Aug 14$1.70$3.301.94
$410.00$415.00$420.00Aug 21$1.75$3.251.86
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$300.00$310.00$320.00Aug 21$0.95$9.059.53

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 35 found (best net $-15.65, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$315.00$350.001:2Aug 21-$15.65$19.35
$380.00$395.001:2Jul 31-$1.70$13.30
$355.00$367.501:2Jul 24-$1.70$10.80
$367.50$375.001:2Jul 24-$3.05$4.45
$400.00$405.001:2Jul 31-$1.06$3.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$340.00$320.001:2Aug 21-$6.15$13.85
$435.00$400.001:2Aug 28-$22.65$12.35
$435.00$400.001:2Aug 21-$23.15$11.85
$335.00$325.001:2Jul 24-$0.33$9.67
$310.00$300.001:2Aug 7-$1.51$8.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 7.07%, avg 2.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$370.00Aug 21$25.900.521.1%7.07%8.13%2037
$375.00Aug 28$25.100.502.4%6.86%9.28%1--
$372.50Aug 21$23.600.511.7%6.45%8.18%6--
$380.00Aug 21$21.600.473.8%5.90%9.68%5141
$375.00Aug 14$21.000.492.4%5.74%8.16%2--
$375.00Aug 21$21.000.492.4%5.74%8.16%10--
$380.00Aug 14$18.400.463.8%5.03%8.81%3420
$390.00Aug 21$18.100.426.5%4.94%11.46%10--
$385.00Aug 14$17.200.435.2%4.70%9.85%510
$387.50Aug 21$16.300.425.8%4.45%10.29%2311

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 1,332
Total Puts 1,227
Put/Call Ratio 0.92
Net Difference 105

Prior's Put/Call Breakdown

Total Calls 2,005
Total Puts 1,388
Put/Call Ratio 0.69
Net Difference 617

Prior 7-Day Put/Call Summary

Total Calls 19,623
Total Puts 9,301
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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