Tour v397
WAT
WATERS CORP
$374.68 -2.06%
7/24 04:10

Option Volume

Detail
Current (07/25) 19
Calls: 5 (26%)
Puts: 14 (74%)
Prior (07/23) 193
Calls: 81 (42%)
Puts: 112 (58%)
Current vs Prior -90.16%
Calls: -93.83% (Calls)
Puts: -87.50% (Puts)
Prior 7-Day Total 1,235
Calls: 218 (18%)
Puts: 1,017 (82%)
Prior 7-Day Average 176
Calls: 31 (18%)
Puts: 145 (82%)
Current vs Prior 7-Day Avg -89.23%
Calls: -83.94%
Puts: -90.36%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/25) $28.4K
Calls: $4.1K (15%)
Puts: $24.2K (85%)
Prior (07/23) $528.8K
Calls: $329.1K (62%)
Puts: $199.8K (38%)
Current vs Prior -94.64%
Calls: -98.74%
Puts: -87.88%
Prior 7-Day Total $1.73M
Calls: $621.7K (36%)
Puts: $1.11M (64%)
Prior 7-Day Average $247.8K
Calls: $88.8K (36%)
Puts: $159.0K (64%)
Current vs Prior 7-Day Avg -88.56%
Calls: -95.35%
Puts: -84.77%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/25) 2.80
Prior (07/23) 1.38
Current vs Prior +102.50%
Prior 7-Day Average 1.61
Current vs Prior 7-Day Avg +73.96%
Sentiment BEARISH

Open Interest

Detail
Current (07/25) 123
Calls: 21 (17%)
Puts: 102 (83%)
Prior (07/23) 373
Calls: 246 (66%)
Puts: 127 (34%)
Current vs Prior -67.02%
Prior 7-Day Total 1,645
Calls: 1,127 (69%)
Puts: 518 (31%)
Prior 7-Day Average 235
Calls: 161 (65%)
Puts: 86 (35%)
Current vs Prior 7-Day Avg -47.66%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.68% | 13.89%
Prior 11.75% | 13.72%
Current vs Prior -0.66% | +1.28%
Prior 7-Day Avg 9.63% | 13.52%
Current vs 7-Day Avg +21.21% | +2.75%
Prior 7-Day Eod 11.75% | 13.72%
Current vs 7-Day Eod -0.66% | +1.28%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 35.03% | 10.57%
Calls: 43.97% | 12.84%
Puts: 26.09% | 8.31%
Prior 35.03% | 10.57%
Calls: 43.97% | 12.84%
Puts: 26.09% | 8.31%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 35.03% | 10.57%
Calls: 43.97% | 12.84%
Puts: 26.09% | 8.31%
Current vs 7-Day Avg +0.00% | -0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 85% of dollar volume in puts ($24.2K) vs calls ($4.1K). Light premium activity with dollar volume down 95% vs prior. Below-average activity with volume down 90% vs prior. Extreme bearish P/C ratio of 2.80 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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
💧 Low Volume

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top -- of results (avg --%, best --%)

No options available for this category

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. 1 found (avg delta 0.52, highest 0.52)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 2117.4024.80$21.1035.1%100.52102

Most actively traded options today. High liquidity = easy entry/exit. 6 active (total vol 16, top 10)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 217.8011.50$9.6538.3%20.3311
$380.00Aug 2113.4020.90$17.1543.7%10.49--
$430.00Aug 211.305.00$3.15117.5%10.1410
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 2117.4024.80$21.1035.1%100.52102
$280.00Aug 210.056.20$3.13196.5%10.03--
$340.00Aug 212.8010.20$6.50113.8%10.21--

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. 4 found (best R:R 16.80, avg 5.96)

BULL CALL (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$400.00$430.00Aug 21$6.50$23.50$6.503.62$406.50
$380.00$400.00Aug 21$7.50$12.50$7.501.67$387.50
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$340.00$280.00Aug 21$3.37$56.63$3.3716.80$336.63
$380.00$340.00Aug 21$14.60$25.40$14.601.74$365.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 4 found (best R:R 0.60, avg 0.38)

BEAR CALL (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$380.00$400.00Aug 21$7.50$7.50$12.500.60$387.50
$400.00$430.00Aug 21$6.50$6.50$23.500.28$406.50
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$380.00$340.00Aug 21$14.60$14.60$25.400.57$365.40
$340.00$280.00Aug 21$3.37$3.37$56.630.06$336.63

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. 1 found (cheapest 10.21% of stock, avg 10.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$380.00Aug 21$17.15$21.10$38.25$341.75$418.2510.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 3 found (cheapest 2.58% of stock, avg 4.40%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$430.00$340.00Aug 21$3.15$6.50$9.65$330.35$439.65
$400.00$340.00Aug 21$9.65$6.50$16.15$323.85$416.15
$380.00$340.00Aug 21$17.15$6.50$23.65$316.35$403.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.12, avg credit $13.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
340/380400/430Aug 21$21.10$18.901.12$358.90$421.10
280/340380/400Aug 21$10.87$49.130.22$329.13$390.87
280/340400/430Aug 21$9.87$50.130.20$330.13$409.87

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

No setups found for this strategy

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 4 found (best net $-2.15, 1 credits)

CALLS (2)
Buy KSell KRatioExpiryNetMax Gain
$380.00$400.001:2Aug 21-$2.15$17.85
$400.00$430.001:2Aug 21$3.35$26.65
PUTS (2)
Buy KSell KRatioExpiryNetMax Gain
$340.00$280.001:2Aug 21$0.24$59.76
$380.00$340.001:2Aug 21$8.10$31.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 3.58%, avg 2.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$380.00Aug 21$13.400.491.4%3.58%5.00%1--
$400.00Aug 21$7.800.336.8%2.08%8.84%211
$430.00Aug 21$1.300.1414.8%0.35%15.11%110

Historical option prices for this thinly-traded ticker. Live quotes are wide and stale — use where each contract actually traded plus its 30-day range to place a limit order. 77 contracts (avg 31 vol/day, 76 traded recently)

WAT averages only 31 option contracts/day, so quotes are thin and bid/ask spreads run wide. Use the last actually-traded price below to set a limit order rather than chasing the displayed ask. Most tradeable call: the $400.00 08-21 call last traded $8.30 on 06/18 (now $7.80/$11.50) — try a limit near $8.30. Also watch the $430.00 08-21 call last traded $4.35 on 07/17 (now $1.30/$5.00) — try a limit near $3.15.
CALLS (53)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$370.00Aug 21$19.70$25.60$22.65$22.68 07/14$14.30–$27.90$22.65--
$370.00Nov 20$33.60$42.00$37.80$42.35 06/25$28.20–$42.85$37.80--
$370.00Jan 15$39.30$47.00$43.15$47.90 06/25$33.30–$47.90$43.15--
$380.00Aug 21$13.40$20.90$17.15$14.63 07/17$10.00–$22.10$14.63--
$380.00Nov 20$29.10$37.00$33.05$37.00 06/25$23.95–$37.05$33.05--
$380.00Jan 15$34.70$42.00$38.35$43.27 05/29$29.00–$42.40$38.35--
$380.00Feb 19$38.60$47.00$42.80$47.00 06/25$32.90–$47.00$42.80--
$360.00Aug 21$25.90$31.50$28.70$29.45 06/24$18.75–$34.45$28.70--
$360.00Nov 20$39.80$47.50$43.65$53.25 05/29$32.95–$48.30$43.65--
$360.00Jan 15$45.10$53.00$49.05$51.20 06/05$38.60–$53.95$49.05--
$390.00Aug 21$11.20$15.90$13.55$11.00 06/22$8.25–$16.75$11.20--
$390.00Nov 20$24.50$32.00$28.25$32.35 06/25$20.50–$32.25$28.25--
$390.00Jan 15$29.30$38.00$33.65$44.50 06/04$25.00–$37.55$33.65--
$350.00Aug 21$32.80$38.40$35.60$38.35 07/15$24.95–$41.90$35.60--
$400.00Aug 21$7.80$11.50$9.65$8.30 06/18$5.50–$13.50$8.3011
$400.00Nov 20$21.50$28.00$24.75$24.50 06/24$17.60–$28.30$24.50--
$400.00Jan 15$27.40$33.00$30.20$24.30 06/22$22.45–$34.20$27.40--
$400.00Feb 19$29.50$38.00$33.75$36.10 07/16$25.05–$37.05$33.75--
$340.00Aug 21$40.20$46.00$43.10$43.33 06/30$31.25–$49.45$43.10--
$340.00Jan 15$58.60$65.00$61.80$51.59 06/18$48.95–$67.05$58.60--
$410.00Aug 21$3.80$7.30$5.55$5.00 07/17$3.60–$9.35$5.00--
$410.00Nov 20$16.00$24.00$20.00$16.21 07/14$14.10–$24.30$16.21--
$330.00Nov 20$59.50$67.00$63.25$70.70 06/04$50.30–$69.15$63.25--
$330.00Jan 15$64.60$72.00$68.30$68.20 07/16$55.85–$74.20$68.20--
$420.00Aug 21$2.35$7.10$4.72$8.00 06/25$3.08–$7.05$4.72--
$320.00Aug 21$57.30$62.60$59.95$58.45 06/24$45.25–$67.25$58.45--
$320.00Nov 20$66.90$74.00$70.45$67.60 06/29$57.65–$76.60$67.60--
$320.00Jan 15$72.90$79.00$75.95$55.00 05/26$61.75–$81.60$72.90--
$430.00Aug 21$1.30$5.00$3.15$4.35 07/17$2.40–$5.88$3.1510
$430.00Jan 15$15.70$22.00$18.85$19.80 07/16$13.05–$21.75$18.85--
$430.00Feb 19$20.20$27.00$23.60$26.00 06/25$16.40–$25.65$23.60--
$440.00Aug 21$0.05$10.00$5.03$4.36 07/17$2.40–$5.03$4.36--
$440.00Jan 15$11.70$20.00$15.85$21.75 06/03$11.00–$18.40$15.85--
$300.00Nov 20$83.00$90.00$86.50$83.60 06/10$71.95–$92.90$83.60--
$450.00Nov 20$5.60$13.10$9.35$9.69 07/13$6.45–$11.80$9.35--
$290.00Aug 21$84.50$89.80$87.15$72.10 06/18$71.45–$94.45$84.50--
$460.00Jan 15$7.10$15.00$11.05$14.80 06/02$7.80–$13.65$11.05--
$470.00Aug 21$0.05$5.90$2.98$1.55 07/08$0.85–$2.98$1.55--
$480.00Aug 21$0.05$5.70$2.88$2.40 06/01$0.75–$2.88$2.40--
$480.00Nov 20$1.35$9.20$5.28$3.30 05/21$4.18–$6.55$3.30--
$480.00Jan 15$5.50$11.20$8.35$5.00 05/21$5.80–$10.20$5.50--
$490.00Aug 21$0.05$7.20$3.63$1.80 06/01$0.75–$3.63$1.80--
$490.00Nov 20$0.15$8.50$4.33$3.50 07/14$3.90–$5.48$3.50--
$490.00Jan 15$4.20$9.80$7.00$3.90 05/21$4.80–$8.40$4.20--
$500.00Nov 20$1.00$7.70$4.35$2.80 07/14$2.42–$5.03$2.80--
$500.00Jan 15$1.95$9.70$5.82$3.90 05/22$4.10–$7.85$3.90--
$500.00Feb 19$7.20$12.00$9.60$8.00 06/24$7.25–$11.00$8.00--
$520.00Nov 20$0.05$6.30$3.18$1.80 07/14$2.00–$5.03$1.80--
$520.00Jan 15$0.85$8.10$4.47$3.30 07/14$3.68–$5.28$3.30--
$540.00Nov 20$0.05$10.00$5.03$2.00 06/26$2.40–$5.03$2.00--
$540.00Jan 15$0.05$7.20$3.63$2.50 07/17$2.40–$4.25$2.50--
$560.00Jan 15$0.15$3.30$1.73$1.80 07/17$1.73–$4.98$1.73--
$160.00Jan 15$214.50$222.70$218.60$210.75 06/10$201.25–$226.15$214.50--
PUTS (24)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$370.00Aug 21$14.80$18.00$16.40$16.81 07/14$14.10–$24.20$16.40--
$380.00Nov 20$30.70$34.90$32.80$35.50 06/24$29.50–$40.95$32.80--
$380.00Aug 21$17.40$24.80$21.10--$21.10–$21.10$17.40102
$360.00Nov 20$19.60$27.80$23.70$43.60 05/21$21.00–$29.95$23.70--
$350.00Aug 21$5.50$13.20$9.35$11.07 07/17$7.75–$15.25$9.35--
$350.00Jan 15$20.40$27.00$23.70$30.80 06/22$20.50–$28.35$23.70--
$400.00Jan 15$43.20$51.00$47.10$71.50 05/26$42.80–$56.80$47.10--
$340.00Aug 21$2.80$10.20$6.50$8.77 07/07$6.10–$11.70$6.50--
$330.00Aug 21$1.90$8.30$5.10$5.82 07/17$4.50–$8.05$5.10--
$330.00Nov 20$9.70$17.30$13.50$20.48 06/18$12.05–$17.70$13.50--
$330.00Feb 19$16.00$22.00$19.00$18.76 07/16$17.25–$22.75$18.76--
$320.00Aug 21$1.80$5.60$3.70$4.46 07/17$3.50–$6.05$3.70--
$320.00Jan 15$10.00$17.70$13.85$16.00 06/01$12.25–$17.00$13.85--
$310.00Aug 21$0.10$6.10$3.10$3.20 06/25$2.73–$5.15$3.10--
$310.00Jan 15$10.00$15.20$12.60$11.00 07/01$11.40–$15.55$11.00--
$300.00Aug 21$0.05$3.10$1.58$3.83 07/17$1.58–$4.08$1.58--
$300.00Nov 20$4.50$10.90$7.70$8.00 07/01$5.65–$9.75$7.70--
$300.00Jan 15$5.80$13.00$9.40$10.56 07/17$8.25–$11.80$9.40--
$300.00Feb 19$7.20$14.00$10.60$10.30 07/16$9.75–$13.75$10.30--
$290.00Aug 21$0.05$2.00$1.02$1.50 07/14$1.02–$2.23$1.02--
$290.00Nov 20$3.20$9.30$6.25$10.00 06/12$5.18–$6.90$6.25--
$280.00Aug 21$0.05$6.20$3.13$1.05 07/14$1.35–$3.70$1.05--
$270.00Aug 21$0.05$4.80$2.42$0.70 07/14$1.05–$3.03$0.70--
$260.00Aug 21$0.25$1.45$0.85$0.73 07/17$0.60–$3.18$0.73--

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 5
Total Puts 14
Put/Call Ratio 2.80
Net Difference -9

Prior's Put/Call Breakdown

Total Calls 81
Total Puts 112
Put/Call Ratio 1.38
Net Difference -31

Prior 7-Day Put/Call Summary

Total Calls 218
Total Puts 1,017
Average Put/Call Ratio 1.61
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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