Tour v528
TSM
TAIWAN SEMICONDUCTOR ADR
$445.14 +2.41%
$444.60 (-0.12%)🌙
as of 09/21 06:04 PM
9/21 18:04

Option Volume

Detail
Current (09/21) 132,203
Calls: 66,416 (50%)
Puts: 65,787 (50%)
Prior (09/18) 143,482
Calls: 64,946 (45%)
Puts: 78,536 (55%)
Current vs Prior -7.86%
Calls: +2.26% (Calls)
Puts: -16.23% (Puts)
Prior 7-Day Total 795,213
Calls: 477,243 (60%)
Puts: 317,970 (40%)
Prior 7-Day Average 132,535
Calls: 68,177 (60%)
Puts: 45,424 (40%)
Current vs Prior 7-Day Avg -0.25%
Calls: -2.58%
Puts: +44.83%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/21) $186.56M
Calls: $118.88M (64%)
Puts: $67.68M (36%)
Prior (09/18) $119.43M
Calls: $88.79M (74%)
Puts: $30.63M (26%)
Current vs Prior +56.22%
Calls: +33.89%
Puts: +120.95%
Prior 7-Day Total $1.87B
Calls: $1.66B (88%)
Puts: $216.41M (12%)
Prior 7-Day Average $311.91M
Calls: $236.43M (88%)
Puts: $30.92M (12%)
Current vs Prior 7-Day Avg -40.19%
Calls: -49.72%
Puts: +118.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/21) 0.99
Prior (09/18) 1.21
Current vs Prior -18.09%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +18.09%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/21) 1,659,177
Calls: 812,586 (49%)
Puts: 846,591 (51%)
Prior (09/18) 2,000,301
Calls: 919,576 (46%)
Puts: 1,080,725 (54%)
Current vs Prior -17.05%
Prior 7-Day Total 11,691,964
Calls: 5,389,529 (46%)
Puts: 6,302,435 (54%)
Prior 7-Day Average 1,948,660
Calls: 898,254 (46%)
Puts: 1,050,405 (54%)
Current vs Prior 7-Day Avg -14.86%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 2.99% | 4.53%7.30% | 12.22%
Prior 3.17% | 4.78%0.69% | 8.34%
Current vs Prior -5.54% | -5.13%+960.71% | +46.65%
Prior 7-Day Avg 2.85% | 4.46%2.43% | 8.93%
Current vs 7-Day Avg +5.22% | +1.73%+200.00% | +36.89%
Prior 7-Day Eod 3.17% | 4.78%0.69% | 8.34%
Current vs 7-Day Eod -5.54% | -5.13%+960.71% | +46.65%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 24.37% | 3.85%
Calls: 10.48% | 2.15%
Puts: 38.26% | 5.56%
Prior 24.37% | 3.85%
Calls: 10.48% | 2.15%
Puts: 38.26% | 5.56%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 8.38% | 3.56%
Calls: 6.52% | 3.27%
Puts: 10.23% | 3.85%
Current vs 7-Day Avg +190.87% | +8.20%
Liquidity Acceptable
+
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($118.88M). Elevated premium activity with dollar volume up 56% vs prior. Declining open interest (down 17%) indicates positions being closed.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 307 of results (avg 5.0%, best 1.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$365.00Sep 2579.8581.00$80.431.4%11.001
$370.00Oct 1676.5077.65$77.081.5%60.97577
$360.00Oct 285.1586.50$85.831.6%20.994
$370.00Sep 2574.8076.05$75.431.7%111.0012
$360.00Oct 1685.9587.50$86.731.8%20.98427
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Oct 1664.6065.95$65.282.1%100.91--
$530.00Oct 1684.0086.05$85.032.4%10.931
$500.00Oct 1655.2056.55$55.882.4%--0.8855
$500.00Oct 954.2555.70$54.982.6%10.93--
$445.00Oct 1614.7515.15$14.952.7%460.48--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 40 found (avg $0.52, cheapest $0.33)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$472.50Sep 250.310.35$0.3312.1%530.0518
$475.00Sep 250.230.26$0.2512.0%1660.043.2K
$470.00Sep 250.410.46$0.4411.4%2.3K0.06751
$467.50Sep 250.560.62$0.5910.2%1700.08119
$465.00Sep 250.770.83$0.807.5%3330.11232
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$415.00Sep 250.250.29$0.2714.8%4020.04951
$402.50Sep 250.100.12$0.1118.2%660.01332
$412.50Sep 250.200.24$0.2218.2%1300.03568
$420.00Sep 250.420.47$0.4411.4%5690.06874
$417.50Sep 250.320.37$0.3514.3%2810.05449

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 173 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Oct 2386.3088.10$87.202.1%--1.0015
$360.00Sep 2584.0586.70$85.383.1%21.004
$365.00Sep 2579.8581.00$80.431.4%11.001
$370.00Sep 2574.8076.05$75.431.7%111.0012
$375.00Sep 2568.9571.05$70.003.0%--1.0031
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Sep 2544.2545.45$44.852.7%61.00--
$515.00Oct 269.2071.20$70.202.8%11.00--
$530.00Oct 983.4086.75$85.083.9%11.00--
$500.00Oct 954.2555.70$54.982.6%10.93--
$530.00Oct 1684.0086.05$85.032.4%10.931

Most actively traded options today. High liquidity = easy entry/exit. 414 active (total vol 73.0K, top 3.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Oct 162.042.23$2.138.9%3.5K0.117.2K
$450.00Sep 253.804.10$3.957.6%3.2K0.381.9K
$470.00Sep 250.410.46$0.4411.4%2.3K0.06751
$462.50Sep 251.031.10$1.076.5%2.1K0.14270
$460.00Oct 169.9510.30$10.133.5%1.8K0.383.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Sep 251.271.35$1.316.1%1.2K0.161.3K
$420.00Oct 165.455.70$5.584.5%9260.2414.4K
$400.00Oct 162.042.27$2.1610.6%8320.118.7K
$440.00Sep 253.553.85$3.708.1%7490.36379
$440.00Oct 1612.3012.75$12.533.6%7290.433.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 2.8%, max 5.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$457.50Sep 25Oct 232.9%31.3%5.2%911307
$430.00Sep 25Oct 3033.9%32.5%4.2%635998
$435.00Sep 25Oct 3033.1%31.9%3.7%7593.2K
$432.50Sep 25Oct 1633.5%32.5%2.9%269876
$440.00Sep 25Oct 3032.4%31.9%1.6%1.4K1.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$457.50Sep 25Oct 232.9%31.3%5.2%3917
$430.00Sep 25Oct 3033.9%32.5%4.2%1.2K1.4K
$435.00Sep 25Oct 3033.1%31.9%3.7%714204
$432.50Sep 25Oct 1633.5%32.5%2.9%329545
$440.00Sep 25Oct 3032.4%31.9%1.6%1.3K393

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 245 found (best R:R 2.23, avg 6.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$455.00$460.00Oct 30$1.55$3.45$1.5545%2.23$456.55
$445.00$450.00Oct 23$2.00$3.00$2.0052%1.50$447.00
$420.00$425.00Oct 30$3.14$1.86$3.1473%0.59$423.14
$455.00$460.00Oct 9$1.37$3.63$1.3739%2.65$456.37
$445.00$450.00Oct 30$2.13$2.87$2.1353%1.35$447.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$442.50$440.00Oct 9$0.75$1.75$0.7545%2.33$441.75
$465.00$460.00Oct 23$2.97$2.03$2.9765%0.68$462.03
$435.00$430.00Oct 30$1.70$3.30$1.7039%1.94$433.30
$417.50$415.00Oct 9$0.28$2.22$0.2816%7.93$417.22
$455.00$450.00Oct 30$2.57$2.43$2.5755%0.95$452.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 191 found (best R:R 0.42, avg 0.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$455.00$460.00Oct 23$2.43$2.43$2.5756%0.95$457.43
$452.50$455.00Oct 2$1.28$1.28$1.2261%1.05$453.78
$450.00$455.00Oct 30$2.64$2.64$2.3651%1.12$452.64
$460.00$465.00Oct 9$1.72$1.72$3.2866%0.52$461.72
$485.00$490.00Oct 23$1.15$1.15$3.8578%0.30$486.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$415.00$410.00Oct 30$1.47$1.47$3.5376%0.42$413.53
$440.00$437.50Oct 9$1.38$1.38$1.1258%1.23$438.62
$430.00$425.00Oct 23$1.90$1.90$3.1066%0.61$428.10
$440.00$435.00Oct 30$2.28$2.28$2.7257%0.84$437.72
$445.00$440.00Oct 30$2.49$2.49$2.5152%0.99$442.51

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $3.34, cheapest $3.14)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$442.50Sep 25Oct 2$3.6332.3%29.8%
$445.00Sep 25Oct 2$3.6032.2%29.8%
$440.00Sep 25Oct 2$3.5232.4%30.2%
$447.50Sep 25Oct 2$3.6332.8%31.4%
$452.50Sep 25Oct 2$3.4132.8%31.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$442.50Sep 25Oct 2$3.1432.3%29.8%
$445.00Sep 25Oct 2$3.2032.2%29.8%
$440.00Sep 25Oct 2$3.1232.4%30.2%
$447.50Sep 25Oct 2$3.2532.8%31.4%
$452.50Sep 25Oct 2$2.9432.8%31.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 126 found (cheapest 2.70% of stock, avg 6.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$445.00Sep 25$6.20$5.83$12.03$432.97$457.032.70%
$447.50Sep 25$4.97$7.13$12.10$435.40$459.602.72%
$442.50Sep 25$7.50$4.68$12.18$430.32$454.682.74%
$450.00Sep 25$3.95$8.65$12.60$437.40$462.602.83%
$440.00Sep 25$9.03$3.70$12.73$427.27$452.732.86%
$452.50Sep 25$3.12$10.33$13.45$439.05$465.953.02%
$437.50Sep 25$10.70$2.91$13.61$423.89$451.113.06%
$455.00Sep 25$2.42$12.08$14.50$440.50$469.503.26%
$435.00Sep 25$12.53$2.25$14.78$420.22$449.783.32%
$457.50Sep 25$1.86$13.98$15.84$441.66$473.343.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.92% of stock, avg 4.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$457.50$435.00Sep 25$1.86$2.25$4.11$430.89$461.61
$455.00$435.00Sep 25$2.42$2.25$4.67$430.33$459.67
$457.50$437.50Sep 25$1.86$2.91$4.77$432.73$462.27
$455.00$437.50Sep 25$2.42$2.91$5.33$432.17$460.33
$452.50$435.00Sep 25$3.12$2.25$5.37$429.63$457.87
$452.50$437.50Sep 25$3.12$2.91$6.03$431.47$458.53
$457.50$440.00Sep 25$1.86$3.70$5.56$434.44$463.06
$455.00$440.00Sep 25$2.42$3.70$6.12$433.88$461.12
$452.50$440.00Sep 25$3.12$3.70$6.82$433.18$459.32
$450.00$435.00Sep 25$3.95$2.25$6.20$428.80$456.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 356 found (best R:R 0.40, avg credit $1.16)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
370/375485/490Oct 23$1.43$3.5773%0.40$373.57$486.43
380/385485/490Oct 23$1.48$3.5271%0.42$383.52$486.48
385/390485/490Oct 23$1.56$3.4469%0.45$388.44$486.56
395/400485/490Oct 23$1.76$3.2465%0.54$398.24$486.76
360/365485/490Oct 23$1.28$3.7275%0.34$363.72$486.28
405/410485/490Oct 23$2.03$2.9760%0.68$407.97$487.03
360/365490/495Oct 30$1.30$3.7074%0.35$363.70$491.30
420/422460/462Oct 2$1.07$1.4356%0.75$421.43$461.07
375/380485/490Oct 23$1.35$3.6572%0.37$378.65$486.35
400/405485/490Oct 23$1.83$3.1763%0.58$403.17$486.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 216 found (best R:R 8.84, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$465.00$470.00$475.00Oct 30$0.08$4.927%61.50
$480.00$485.00$490.00Oct 16$0.05$4.956%99.00
$442.50$445.00$447.50Sep 25$0.07$2.4313%34.71
$460.00$465.00$470.00Oct 16$0.12$4.888%40.67
$410.00$415.00$420.00Oct 23$0.08$4.927%61.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$470.00$500.00$530.00Oct 9$3.05$26.9523%8.84
$490.00$500.00$510.00Oct 16$0.27$9.737%36.04
$450.00$452.50$455.00Sep 25$0.07$2.4312%34.71
$400.00$405.00$410.00Oct 30$0.08$4.926%61.50
$395.00$400.00$405.00Oct 23$0.07$4.935%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. 190 found (best net $-0.88, 187 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$530.001:2Oct 9-$0.03$9.97
$520.00$530.001:2Oct 16-$0.30$9.70
$510.00$520.001:2Oct 16-$0.52$9.48
$490.00$495.001:2Oct 2-$0.12$4.88
$520.00$530.001:2Sep 25$0.00$10.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$470.001:2Oct 9-$0.88$29.12
$490.00$467.501:2Sep 25-$0.71$21.79
$530.00$500.001:2Oct 9-$24.88$5.12
$495.00$470.001:2Oct 30-$14.62$10.38
$395.00$392.501:2Sep 25-$0.01$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 86 found (best yield 4.04%, avg 1.19%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$450.00Oct 30$18.000.491.1%4.04%5.14%6769
$455.00Oct 30$15.450.452.2%3.47%5.69%2119
$460.00Oct 30$13.600.413.3%3.06%6.39%56113
$465.00Oct 30$12.000.384.5%2.70%7.16%1725
$470.00Oct 30$10.100.345.6%2.27%7.85%5752
$450.00Oct 23$15.800.481.1%3.55%4.64%180200
$455.00Oct 23$13.700.442.2%3.08%5.29%196180
$475.00Oct 30$8.250.306.7%1.85%8.56%3829
$480.00Oct 30$7.700.277.8%1.73%9.56%3271
$460.00Oct 23$11.100.393.3%2.49%5.83%20298

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 66,416
Total Puts 65,787
Put/Call Ratio 0.99
Net Difference 629

Prior's Put/Call Breakdown

Total Calls 64,946
Total Puts 78,536
Put/Call Ratio 1.21
Net Difference -13,590

Prior 7-Day Put/Call Summary

Total Calls 477,243
Total Puts 317,970
Average Put/Call Ratio 0.84
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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