Tour v492
WAT
WATERS CORP
$400.00 +0.99%
8/5 19:23

Option Volume

Detail
Current (08/05) 578
Calls: 40 (7%)
Puts: 538 (93%)
Prior (08/04) 85
Calls: 21 (25%)
Puts: 64 (75%)
Current vs Prior +580.00%
Calls: +90.48% (Calls)
Puts: +740.62% (Puts)
Prior 7-Day Total 1,937
Calls: 293 (15%)
Puts: 1,644 (85%)
Prior 7-Day Average 276
Calls: 41 (15%)
Puts: 234 (85%)
Current vs Prior 7-Day Avg +108.88%
Calls: -4.44%
Puts: +129.08%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $370.2K
Calls: $133.0K (36%)
Puts: $237.2K (64%)
Prior (08/04) $41.1K
Calls: $21.7K (53%)
Puts: $19.4K (47%)
Current vs Prior +801.43%
Calls: +512.53%
Puts: +1125.60%
Prior 7-Day Total $2.27M
Calls: $299.4K (13%)
Puts: $1.97M (87%)
Prior 7-Day Average $324.7K
Calls: $42.8K (13%)
Puts: $282.0K (87%)
Current vs Prior 7-Day Avg +14.00%
Calls: +210.99%
Puts: -15.88%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 13.45
Prior (08/04) 3.05
Current vs Prior +341.33%
Prior 7-Day Average 4.16
Current vs Prior 7-Day Avg +223.18%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 538
Calls: 175 (33%)
Puts: 363 (67%)
Prior (08/04) 635
Calls: 38 (6%)
Puts: 597 (94%)
Current vs Prior -15.28%
Prior 7-Day Total 5,730
Calls: 1,182 (21%)
Puts: 4,548 (79%)
Prior 7-Day Average 818
Calls: 295 (31%)
Puts: 649 (69%)
Current vs Prior 7-Day Avg -34.28%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 5.53% | 9.15%
Prior 7.54% | 10.88%
Current vs Prior -26.69% | -15.91%
Prior 7-Day Avg 11.10% | 13.48%
Current vs 7-Day Avg -50.22% | -32.10%
Prior 7-Day Eod 7.54% | 10.88%
Current vs 7-Day Eod -26.69% | -15.91%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 37.49% | 31.75%
Calls: 33.85% | 30.57%
Puts: 41.13% | 32.94%
Prior 37.49% | 31.75%
Calls: 33.85% | 30.57%
Puts: 41.13% | 32.94%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 33.31% | 14.86%
Calls: 39.22% | 16.60%
Puts: 27.41% | 13.13%
Current vs 7-Day Avg +12.54% | +113.64%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 64% put dollar volume ($237.2K). Massive premium surge with dollar volume up 801% vs prior. Unusually high activity with volume up 580% vs prior - elevated interest. Volume explosion - 109% above 7-day average (578 vs avg 276).

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 BEARISH
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. 3 found (avg delta 0.82, highest 1.00)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Aug 2157.7064.00$60.8510.4%71.00--
$350.00Aug 2148.0053.80$50.9011.4%70.95--
$400.00Sep 1816.2022.00$19.1030.4%150.521
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 11 active (total vol 537, top 491)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Sep 1816.2022.00$19.1030.4%150.521
$340.00Aug 2157.7064.00$60.8510.4%71.00--
$350.00Aug 2148.0053.80$50.9011.4%70.95--
$400.00Aug 217.5014.10$10.8061.1%30.5018
$410.00Aug 213.009.50$6.25104.0%20.35156
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 210.858.30$4.58162.7%4910.25314
$280.00Aug 210.001.40$0.70200.0%50.0212
$360.00Aug 210.104.30$2.20190.9%40.12--
$390.00Aug 215.009.30$7.1560.1%10.3613
$360.00Sep 181.206.70$3.95139.2%10.161

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 21.4%, max 34.5%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$400.00Aug 21Sep 1834.1%31.5%8.2%1819
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$360.00Aug 21Sep 1843.3%32.2%34.5%51

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 5 found (best R:R 52.33, avg 13.76)

BULL CALL (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$410.00$440.00Aug 21$5.00$25.00$5.005.00$415.00
$400.00$410.00Aug 21$4.55$5.45$4.551.20$404.55
BEAR PUT (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$360.00$280.00Aug 21$1.50$78.50$1.5052.33$358.50
$380.00$360.00Aug 21$2.38$17.62$2.387.40$377.62
$390.00$380.00Aug 21$2.57$7.43$2.572.89$387.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 4.05, avg 0.93)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$350.00$400.00Aug 21$40.10$40.10$9.904.05$390.10
$400.00$410.00Aug 21$4.55$4.55$5.450.83$404.55
$410.00$440.00Aug 21$5.00$5.00$25.000.20$415.00
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$390.00$380.00Aug 21$2.57$2.57$7.430.35$387.43
$380.00$360.00Aug 21$2.38$2.38$17.620.14$377.62
$360.00$280.00Aug 21$1.50$1.50$78.500.02$358.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $5.03, cheapest $1.75)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$400.00Aug 21Sep 18$8.3034.1%31.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$360.00Aug 21Sep 18$1.7543.3%32.2%

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

No straddle setups found

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 9 found (cheapest 0.86% of stock, avg 2.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$440.00$360.00Aug 21$1.25$2.20$3.45$356.55$443.45
$440.00$380.00Aug 21$1.25$4.58$5.83$374.17$445.83
$440.00$390.00Aug 21$1.25$7.15$8.40$381.60$448.40
$410.00$360.00Aug 21$6.25$2.20$8.45$351.55$418.45
$410.00$380.00Aug 21$6.25$4.58$10.83$369.17$420.83
$400.00$360.00Aug 21$10.80$2.20$13.00$347.00$413.00
$410.00$390.00Aug 21$6.25$7.15$13.40$376.60$423.40
$400.00$380.00Aug 21$10.80$4.58$15.38$364.62$415.38
$400.00$390.00Aug 21$10.80$7.15$17.95$372.05$417.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.47, avg credit $6.92)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
380/390400/410Aug 21$7.12$2.882.47$382.88$407.12
360/380400/410Aug 21$6.93$13.070.53$373.07$406.93
380/390410/440Aug 21$7.57$22.430.34$382.43$417.57
360/380410/440Aug 21$7.38$22.620.33$372.62$417.38
280/360410/440Aug 21$6.50$73.500.09$353.50$416.50
280/360400/410Aug 21$6.05$73.950.08$353.95$406.05

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. 6 found (best net $-1.70, 2 credits)

CALLS (3)
Buy KSell KRatioExpiryNetMax Gain
$400.00$410.001:2Aug 21-$1.70$8.30
$410.00$440.001:2Aug 21$3.75$26.25
$350.00$400.001:2Aug 21$29.30$20.70
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$390.00$380.001:2Aug 21-$2.01$7.99
$360.00$280.001:2Aug 21$0.80$79.20
$380.00$360.001:2Aug 21$0.18$19.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.05%, avg 1.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$400.00Sep 18$16.200.520.0%4.05%4.05%151
$400.00Aug 21$7.500.500.0%1.88%1.88%318
$410.00Aug 21$3.000.352.5%0.75%3.25%2156
$440.00Aug 21$0.600.0910.0%0.15%10.15%1--

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. 97 contracts (avg 91 vol/day, 96 traded recently)

WAT averages only 91 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 09-18 call last traded $12.00 on 07/22 (now $16.20/$22.00) — try a limit near $16.20. Also watch the $400.00 08-21 call last traded $10.00 on 07/31 (now $7.50/$14.10) — try a limit near $10.00; the $410.00 08-21 call last traded $10.00 on 07/29 (now $3.00/$9.50) — try a limit near $6.25. Most tradeable put: the $390.00 08-21 put last traded $20.90 on 07/28 (now $5.00/$9.30) — try a limit near $7.15.
CALLS (61)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$400.00Aug 21$7.50$14.10$10.80$10.00 07/31$5.50–$12.95$10.0018
$400.00Sep 18$16.20$22.00$19.10$12.00 07/22$8.35–$19.10$16.201
$400.00Nov 20$30.10$36.00$33.05$24.84 07/30$17.60–$33.05$30.10--
$400.00Jan 15$37.40$43.20$40.30$24.30 06/22$22.45–$40.30$37.40--
$400.00Feb 19$41.00$49.00$45.00$36.10 07/16$25.05–$45.00$41.00--
$390.00Aug 21$14.00$20.80$17.40$14.10 07/31$8.25–$17.65$14.10--
$390.00Sep 18$21.00$27.60$24.30$17.00 07/30$10.90–$24.30$21.00--
$390.00Nov 20$34.00$42.00$38.00$32.35 06/25$20.50–$38.00$34.00--
$390.00Jan 15$41.30$48.20$44.75$44.50 06/04$25.00–$44.75$44.50--
$410.00Aug 21$3.00$9.50$6.25$10.00 07/29$3.60–$8.55$6.25156
$410.00Sep 18$10.30$16.40$13.35$11.55 07/28$6.05–$13.90$11.55--
$410.00Nov 20$24.50$30.60$27.55$16.21 07/14$14.10–$27.55$24.50--
$380.00Aug 21$21.30$27.80$24.55$21.06 07/24$10.00–$24.55$21.30--
$380.00Sep 18$27.60$35.20$31.40$27.50 07/28$14.35–$31.40$27.60--
$380.00Nov 20$40.10$48.00$44.05$37.00 06/25$23.95–$44.05$40.10--
$380.00Jan 15$47.10$54.20$50.65$36.63 07/22$29.00–$50.65$47.10--
$380.00Feb 19$52.20$60.00$56.10$35.50 07/21$32.90–$56.10$52.20--
$420.00Aug 21$0.10$7.60$3.85$5.35 07/31$2.85–$6.50$3.85--
$420.00Sep 18$6.00$13.70$9.85$7.90 07/30$5.33–$10.45$7.90--
$420.00Feb 19$31.30$40.00$35.65$29.00 07/23$19.10–$35.65$31.30--
$370.00Aug 21$29.00$36.20$32.60$28.20 07/28$14.30–$32.60$29.00--
$370.00Sep 18$34.30$41.90$38.10$32.00 07/28$17.90–$38.10$34.30--
$370.00Nov 20$46.40$53.00$49.70$42.35 07/23$28.20–$49.70$46.40--
$370.00Jan 15$53.50$59.40$56.45$47.90 06/25$33.30–$56.45$53.50--
$430.00Aug 21$0.00$5.10$2.55$4.20 07/28$2.40–$5.78$2.55--
$430.00Nov 20$15.20$23.00$19.10$9.10 07/27$10.05–$19.10$15.20--
$430.00Jan 15$22.10$29.20$25.65$19.80 07/16$13.05–$25.65$22.10--
$430.00Feb 19$27.00$35.00$31.00$26.00 06/25$16.40–$31.00$27.00--
$360.00Aug 21$38.10$44.90$41.50$29.45 06/24$18.75–$41.50$38.10--
$360.00Sep 18$43.00$49.00$46.00$35.40 07/30$23.00–$46.00$43.00--
$360.00Nov 20$53.30$60.30$56.80$47.65 07/23$32.95–$56.80$53.30--
$360.00Jan 15$60.80$66.40$63.60$51.20 06/05$38.60–$63.60$60.80--
$360.00Feb 19$64.90$73.00$68.95$45.00 07/21$41.75–$68.95$64.90--
$440.00Aug 21$0.60$1.90$1.25$4.36 07/17$1.25–$5.03$1.25--
$440.00Jan 15$18.60$26.20$22.40$21.75 06/03$11.00–$22.40$21.75--
$350.00Aug 21$48.00$53.80$50.90$37.00 07/30$24.95–$50.90$48.00--
$450.00Nov 20$8.50$16.90$12.70$9.69 07/13$6.45–$12.70$9.69--
$340.00Aug 21$57.70$64.00$60.85$43.33 06/30$31.25–$60.85$57.70--
$340.00Jan 15$75.20$82.00$78.60$51.59 06/18$48.95–$78.60$75.20--
$460.00Sep 18$0.00$7.00$3.50$3.10 07/31$1.40–$5.03$3.10--
$330.00Aug 21$67.60$74.30$70.95$60.00 07/23$38.00–$70.95$67.60--
$330.00Nov 20$77.10$84.90$81.00$70.70 06/04$50.30–$81.00$77.10--
$330.00Jan 15$82.90$89.20$86.05$68.20 07/16$55.85–$86.05$82.90--
$470.00Aug 21$0.00$5.50$2.75$1.55 07/08$0.85–$2.98$1.55--
$470.00Sep 18$0.00$6.10$3.05$2.30 07/31$1.15–$5.03$2.30--
$320.00Aug 21$77.60$85.00$81.30$58.45 06/24$45.25–$81.30$77.60--
$320.00Nov 20$85.60$92.20$88.90$67.60 06/29$57.65–$88.90$85.60--
$480.00Sep 18$0.00$2.30$1.15$1.75 07/31$0.95–$5.03$1.15--
$310.00Aug 21$87.50$94.30$90.90$72.50 07/23$53.75–$90.90$87.50--
$490.00Nov 20$1.25$9.40$5.33$3.50 07/14$3.90–$5.33$3.50--
$300.00Aug 21$97.50$104.20$100.85$82.00 07/23$62.65–$100.85$97.50--
$300.00Nov 20$103.50$110.00$106.75$83.60 06/10$71.95–$106.75$103.50--
$500.00Nov 20$0.20$7.90$4.05$2.80 07/14$2.42–$5.03$2.80--
$500.00Feb 19$10.40$15.00$12.70$8.00 06/24$7.25–$12.70$10.40--
$290.00Aug 21$107.40$114.40$110.90$72.10 06/18$71.45–$110.90$107.40--
$520.00Nov 20$0.75$6.80$3.78$2.40 07/31$2.00–$5.03$2.40--
$520.00Jan 15$1.40$9.10$5.25$4.80 07/31$3.68–$5.25$4.80--
$540.00Nov 20$0.00$5.90$2.95$1.70 07/31$1.30–$5.03$1.70--
$540.00Jan 15$0.05$8.30$4.18$2.90 07/31$2.40–$4.80$2.90--
$560.00Jan 15$0.00$7.70$3.85$2.55 07/29$1.73–$4.98$2.55--
$160.00Jan 15$239.70$247.80$243.75$210.75 06/10$201.25–$243.75$239.70--
PUTS (36)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$400.00Sep 18$14.40$20.60$17.50$30.80 07/28$17.50–$47.35$17.50--
$390.00Aug 21$5.00$9.30$7.15$20.90 07/28$7.15–$37.55$7.1513
$380.00Aug 21$0.85$8.30$4.58$20.30 07/31$4.58–$30.50$4.58314
$380.00Nov 20$17.40$21.90$19.65$30.34 07/23$19.65–$40.95$19.65--
$380.00Jan 15$18.90$28.00$23.45$38.83 07/22$23.45–$44.10$23.45--
$380.00Feb 19$22.60$31.00$26.80$45.01 07/21$26.80–$46.35$26.80--
$420.00Sep 18$24.00$31.50$27.75$54.91 07/30$27.75–$63.60$27.75--
$370.00Aug 21$0.00$4.40$2.20$20.40 07/30$2.20–$24.20$2.20--
$370.00Feb 19$18.90$28.00$23.45$39.90 07/21$23.45–$40.65$23.45--
$360.00Aug 21$0.10$4.30$2.20$11.20 07/29$2.20–$18.95$2.20--
$360.00Sep 18$1.20$6.70$3.95$15.90 07/24$3.95–$22.20$3.951
$360.00Feb 19$15.50$24.00$19.75$34.68 07/21$19.75–$35.80$19.75--
$350.00Aug 21$0.00$1.70$0.85$12.60 07/30$0.85–$15.25$0.85--
$350.00Jan 15$11.60$16.10$13.85$30.80 06/22$13.85–$28.35$13.85--
$340.00Aug 21$0.00$1.30$0.65$6.70 07/31$0.65–$11.70$0.65--
$330.00Aug 21$0.05$1.10$0.58$5.82 07/17$0.58–$7.45$0.58--
$330.00Nov 20$2.40$10.60$6.50$20.48 06/18$6.50–$17.70$6.50--
$330.00Feb 19$8.50$16.60$12.55$17.40 07/23$12.55–$22.75$12.55--
$320.00Aug 21$0.00$3.00$1.50$3.80 07/23$1.50–$6.05$1.50--
$320.00Sep 18$0.00$5.70$2.85$5.40 07/24$2.85–$7.90$2.85--
$310.00Aug 21$0.00$1.90$0.95$3.20 06/25$0.95–$4.50$0.95--
$310.00Sep 18$0.00$5.50$2.75$6.31 07/22$2.75–$6.40$2.75--
$310.00Jan 15$4.80$9.80$7.30$11.00 07/01$7.30–$15.55$7.30--
$300.00Aug 21$0.00$1.70$0.85$3.83 07/17$0.85–$3.75$0.85--
$300.00Sep 18$0.00$5.50$2.75$3.38 07/30$2.75–$6.00$2.75--
$300.00Nov 20$0.00$7.30$3.65$8.00 07/01$3.65–$9.75$3.65--
$300.00Jan 15$1.35$9.50$5.43$10.56 07/17$5.43–$11.80$5.43--
$300.00Feb 19$3.10$11.00$7.05$10.30 07/16$7.05–$13.75$7.05--
$290.00Aug 21$0.00$1.00$0.50$1.07 07/28$0.50–$2.23$0.50--
$290.00Nov 20$0.00$6.80$3.40$10.00 06/12$3.30–$6.90$3.40--
$280.00Aug 21$0.00$1.40$0.70$0.50 07/24$0.70–$3.23$0.5012
$270.00Aug 21$0.00$1.50$0.75$0.70 07/14$0.75–$3.03$0.70--
$260.00Aug 21$0.00$0.50$0.25$0.10 07/23$0.23–$3.03$0.10--
$260.00Jan 15$0.95$4.50$2.73--$2.73–$2.73$0.9523
$250.00Aug 21$0.00$5.40$2.70$0.20 07/20$0.85–$3.45$0.20--
$250.00Sep 18$0.00$1.70$0.85$0.75 07/30$0.73–$3.45$0.75--

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 40
Total Puts 538
Put/Call Ratio 13.45
Net Difference -498

Prior's Put/Call Breakdown

Total Calls 21
Total Puts 64
Put/Call Ratio 3.05
Net Difference -43

Prior 7-Day Put/Call Summary

Total Calls 293
Total Puts 1,644
Average Put/Call Ratio 4.16
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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