Tour v528
TSM
TAIWAN SEMICONDUCTOR ADR
$430.53 +0.06%
9/18 15:06

Option Volume

Detail
Current (09/18 3:05pm) 122,997
Calls: 52,976 (43%)
Puts: 70,021 (57%)
Prior (09/17) 111,077
Calls: 66,848 (60%)
Puts: 44,229 (40%)
Current vs Prior +10.73%
Calls: -20.75% (Calls)
Puts: +58.31% (Puts)
Prior 7-Day Total 719,928
Calls: 420,115 (58%)
Puts: 299,813 (42%)
Prior 7-Day Average 102,846
Calls: 60,016 (58%)
Puts: 42,830 (42%)
Current vs Prior 7-Day Avg +19.59%
Calls: -11.73%
Puts: +63.48%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/18 3:05pm) $101.91M
Calls: $69.73M (68%)
Puts: $32.18M (32%)
Prior (09/17) $114.43M
Calls: $83.84M (73%)
Puts: $30.59M (27%)
Current vs Prior -10.95%
Calls: -16.83%
Puts: +5.20%
Prior 7-Day Total $1.65B
Calls: $1.42B (86%)
Puts: $237.40M (14%)
Prior 7-Day Average $236.42M
Calls: $202.51M (86%)
Puts: $33.91M (14%)
Current vs Prior 7-Day Avg -56.90%
Calls: -65.57%
Puts: -5.12%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 3:05pm) 1.32
Prior (09/17) 0.66
Current vs Prior +99.77%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg +37.13%
Sentiment BEARISH

Open Interest

Detail
Current (09/18 3:05pm) 2,000,301
Calls: 919,576 (46%)
Puts: 1,080,725 (54%)
Prior (09/17) 1,967,310
Calls: 897,155 (46%)
Puts: 1,070,155 (54%)
Current vs Prior +1.68%
Prior 7-Day Total 13,416,030
Calls: 6,311,995 (47%)
Puts: 7,104,035 (53%)
Prior 7-Day Average 1,916,575
Calls: 901,713 (47%)
Puts: 1,014,862 (53%)
Current vs Prior 7-Day Avg +4.37%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 0.78% | 3.29%0.78% | 8.43%
Prior 2.85% | 4.34%2.85% | 9.04%
Current vs Prior -72.69% | -24.16%-72.69% | -6.74%
Prior 7-Day Avg 2.19% | 4.12%4.35% | 9.98%
Current vs 7-Day Avg -64.48% | -20.14%-82.11% | -15.53%
Prior 7-Day Eod 2.85% | 4.34%1.71% | 8.53%
Current vs 7-Day Eod -72.69% | -24.16%-54.45% | -1.21%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 24.37% | 3.85%
Calls: 10.48% | 2.15%
Puts: 38.26% | 5.56%
Prior 2.54% | 1.67%
Calls: 2.51% | 1.63%
Puts: 2.57% | 1.71%
Current vs Prior +859.45% | +130.54%
Prior 7-Day Avg 9.25% | 4.56%
Calls: 9.47% | 4.34%
Puts: 9.03% | 4.79%
Current vs 7-Day Avg +163.38% | -15.62%
Liquidity Acceptable
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($69.73M). Bearish P/C ratio of 1.32 indicates protective positioning. P/C ratio rising 100% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 293 of results (avg 4.9%, best 0.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Oct 1621.9022.10$22.000.9%4010.633.3K
$430.00Oct 1616.3016.50$16.401.2%3460.5312.3K
$360.00Oct 1672.1573.05$72.601.2%20.96427
$420.00Oct 918.6018.85$18.731.3%240.66319
$430.00Oct 2318.2518.55$18.401.6%770.53609
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$442.50Oct 216.1516.45$16.301.8%40.67--
$437.50Sep 2510.2510.45$10.351.9%2280.6637
$420.00Oct 169.8010.00$9.902.0%3950.3714.3K
$440.00Oct 214.4514.75$14.602.1%390.6495
$425.00Oct 98.708.90$8.802.3%1660.4174

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 57 found (avg $0.50, cheapest $0.52)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$467.50Sep 250.140.17$0.1618.8%310.02106
$465.00Sep 250.190.22$0.2114.3%280.03234
$462.50Sep 250.260.29$0.2810.7%2920.0471
$460.00Sep 250.370.39$0.385.3%2360.05713
$457.50Sep 250.470.50$0.496.1%670.0791
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Sep 180.480.55$0.5213.5%4.8K0.395.4K
$400.00Sep 250.370.38$0.382.6%3520.053.0K
$385.00Sep 250.120.14$0.1315.4%830.02831
$392.50Sep 250.200.23$0.2213.6%400.03169
$395.00Sep 250.240.27$0.2611.5%880.03652

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 144 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Sep 1878.5580.90$79.722.9%31.00110
$360.00Sep 1869.0071.15$70.083.1%31.00140
$370.00Sep 1859.6560.90$60.282.1%51.0080
$380.00Sep 1849.6550.95$50.302.6%71.0098
$387.50Sep 1842.1543.55$42.853.3%--1.0055
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$460.00Sep 1828.9030.35$29.634.9%--1.0028
$450.00Sep 1818.5520.35$19.459.3%261.00972
$442.50Sep 1811.6512.85$12.259.8%11.0034
$440.00Sep 189.2510.35$9.8011.2%350.9911.4K
$437.50Sep 186.607.85$7.2317.3%290.99292

Most actively traded options today. High liquidity = easy entry/exit. 381 active (total vol 96.1K, top 8.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$435.00Sep 180.000.01$0.01100.0%5.4K0.012.8K
$430.00Sep 180.991.10$1.0510.5%5.2K0.6112.2K
$450.00Oct 168.208.40$8.302.4%2.2K0.347.8K
$432.50Sep 180.130.17$0.1526.7%1.8K0.153.3K
$445.00Sep 251.801.87$1.843.8%1.4K0.20558
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Sep 180.000.02$0.01200.0%8.2K0.0024.6K
$420.00Sep 180.010.02$0.0250.0%6.3K0.0110.9K
$430.00Sep 180.480.55$0.5213.5%4.8K0.395.4K
$402.50Sep 180.000.01$0.01100.0%4.4K0.00756
$415.00Sep 180.000.01$0.01100.0%2.3K0.003.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 29.2%, max 33.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$432.50Sep 18Oct 239.0%29.2%33.4%1.9K3.6K
$430.00Sep 18Oct 3038.4%30.7%25.1%5.2K12.2K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$432.50Sep 18Oct 239.0%29.2%33.4%882506
$430.00Sep 18Oct 3038.4%30.7%25.1%4.8K5.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 204 found (best R:R 0.50, avg 7.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$410.00$415.00Oct 9$3.34$1.66$3.3477%0.50$413.34
$410.00$415.00Oct 23$3.12$1.88$3.1271%0.60$413.12
$417.50$420.00Sep 25$1.61$0.89$1.6179%0.55$419.11
$450.00$455.00Oct 30$1.43$3.57$1.4337%2.50$451.43
$430.00$435.00Oct 30$2.25$2.75$2.2553%1.22$432.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$445.00$440.00Oct 9$3.08$1.92$3.0866%0.62$441.92
$432.50$430.00Sep 25$1.15$1.35$1.1554%1.17$431.35
$445.00$440.00Oct 23$2.83$2.17$2.8360%0.77$442.17
$430.00$427.50Sep 25$1.02$1.48$1.0248%1.45$428.98
$435.00$432.50Oct 2$1.26$1.24$1.2656%0.98$433.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 163 found (best R:R 1.11, avg 0.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$455.00$460.00Oct 30$1.67$1.67$3.3366%0.50$456.67
$432.50$435.00Sep 18$0.14$0.14$2.3685%0.06$432.64
$435.00$437.50Sep 25$1.02$1.02$1.4860%0.69$436.02
$455.00$460.00Oct 23$1.52$1.52$3.4868%0.44$456.52
$432.50$435.00Oct 2$1.19$1.19$1.3151%0.91$433.69
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$430.00$425.00Oct 23$2.63$2.63$2.3753%1.11$427.37
$430.00$425.00Oct 30$2.57$2.57$2.4353%1.06$427.43
$420.00$410.00Oct 16$3.30$3.30$6.7063%0.49$416.70
$405.00$400.00Oct 30$1.47$1.47$3.5373%0.42$403.53
$415.00$410.00Oct 30$1.85$1.85$3.1566%0.59$413.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $5.73, cheapest $5.53)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$430.00Sep 18Sep 25$5.9338.4%26.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$430.00Sep 18Sep 25$5.5338.4%26.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 120 found (cheapest 0.36% of stock, avg 6.39%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$430.00Sep 18$1.05$0.52$1.57$428.43$431.570.36%
$432.50Sep 18$0.15$2.30$2.45$430.05$434.950.57%
$427.50Sep 18$3.10$0.08$3.18$424.32$430.680.74%
$435.00Sep 18$0.01$4.68$4.69$430.31$439.691.09%
$425.00Sep 18$5.65$0.03$5.68$419.32$430.681.32%
$437.50Sep 18$0.01$7.23$7.24$430.26$444.741.68%
$422.50Sep 18$8.15$0.02$8.17$414.33$430.671.90%
$440.00Sep 18$0.01$9.80$9.81$430.19$449.812.28%
$420.00Sep 18$10.55$0.02$10.57$409.43$430.572.46%
$442.50Sep 18$0.01$12.25$12.26$430.24$454.762.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.05% of stock, avg 3.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$432.50$427.50Sep 18$0.15$0.08$0.23$427.27$432.73
$432.50$430.00Sep 18$0.15$0.52$0.67$429.33$433.17
$442.50$420.00Sep 25$2.34$2.51$4.85$415.15$447.35
$480.00$390.00Oct 16$2.52$2.67$5.19$384.81$485.19
$440.00$420.00Sep 25$3.01$2.51$5.52$414.48$445.52
$442.50$422.50Sep 25$2.34$3.13$5.47$417.03$447.97
$440.00$422.50Sep 25$3.01$3.13$6.14$416.36$446.14
$470.00$390.00Oct 16$3.78$2.67$6.45$383.55$476.45
$437.50$420.00Sep 25$3.68$2.51$6.19$413.81$443.69
$442.50$425.00Sep 25$2.34$3.95$6.29$418.71$448.79

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 352 found (best R:R 1.02, avg credit $1.30)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
385/390455/460Oct 30$2.52$2.4849%1.02$387.48$457.52
360/365455/460Oct 30$2.01$2.9959%0.67$362.99$457.01
350/355455/460Oct 30$1.88$3.1261%0.60$353.12$456.88
380/385455/460Oct 30$2.34$2.6652%0.88$382.66$457.34
345/350455/460Oct 30$1.82$3.1862%0.57$348.18$456.82
385/390455/460Oct 23$2.27$2.7353%0.83$387.73$457.27
370/375455/460Oct 30$2.11$2.8956%0.73$372.89$457.11
375/380455/460Oct 30$2.20$2.8054%0.79$377.80$457.20
365/370455/460Oct 30$2.02$2.9858%0.68$367.98$457.02
355/360455/460Oct 30$1.88$3.1260%0.60$358.12$456.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 190 found (best R:R 3.17, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$380.00$390.00$400.00Oct 16$0.25$9.7510%39.00
$427.50$430.00$432.50Sep 18$1.15$1.3577%1.17
$430.00$432.50$435.00Sep 18$0.76$1.7460%2.29
$425.00$430.00$435.00Oct 23$0.10$4.909%49.00
$450.00$460.00$470.00Oct 16$0.68$9.3215%13.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$430.00$432.50$435.00Sep 18$0.60$1.9060%3.17
$430.00$440.00$450.00Oct 16$0.77$9.2319%11.99
$440.00$450.00$460.00Oct 16$0.75$9.2518%12.33
$410.00$420.00$430.00Oct 16$0.93$9.0720%9.75
$425.00$430.00$435.00Oct 23$0.07$4.939%70.43

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 238 found (best net $-5.05, 229 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$425.00$427.501:2Sep 18-$0.55$1.95
$480.00$490.001:2Oct 16-$0.72$9.28
$490.00$500.001:2Oct 16-$0.48$9.52
$470.00$480.001:2Oct 16-$1.26$8.74
$500.00$510.001:2Oct 16-$0.31$9.69
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$442.501:2Sep 18-$5.05$2.45
$460.00$450.001:2Sep 18-$9.27$0.73
$465.00$450.001:2Oct 9-$11.76$3.24
$437.50$435.001:2Sep 18-$2.13$0.37
$400.00$390.001:2Oct 16-$1.09$8.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 81 found (best yield 3.58%, avg 1.07%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$440.00Oct 30$15.400.452.2%3.58%5.78%11283
$435.00Oct 30$17.250.491.0%4.01%5.04%1119
$445.00Oct 30$13.150.413.4%3.05%6.42%3370
$450.00Oct 30$11.500.374.5%2.67%7.19%1754
$455.00Oct 30$9.900.345.7%2.30%7.98%217
$435.00Oct 23$15.850.481.0%3.68%4.72%18141
$440.00Oct 23$13.650.442.2%3.17%5.37%29124
$445.00Oct 23$11.700.403.4%2.72%6.08%2884
$460.00Oct 30$8.350.306.8%1.94%8.78%4109
$450.00Oct 23$10.000.364.5%2.32%6.85%53191

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 52,976
Total Puts 70,021
Put/Call Ratio 1.32
Net Difference -17,045

Prior's Put/Call Breakdown

Total Calls 66,848
Total Puts 44,229
Put/Call Ratio 0.66
Net Difference 22,619

Prior 7-Day Put/Call Summary

Total Calls 420,115
Total Puts 299,813
Average Put/Call Ratio 0.96
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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