Tour v340
WDC
WESTERN DIGITAL CORP
$487.59 -5.11%
7/16 09:35

Option Volume

Detail
Current (07/16 9:35am) 1,197
Calls: 454 (38%)
Puts: 743 (62%)
Prior (07/06) 1,476
Calls: 1,006 (68%)
Puts: 470 (32%)
Current vs Prior -18.90%
Calls: -54.87% (Calls)
Puts: +58.09% (Puts)
Prior 7-Day Total 135,186
Calls: 71,837 (53%)
Puts: 63,349 (47%)
Prior 7-Day Average 19,312
Calls: 10,262 (53%)
Puts: 9,049 (47%)
Current vs Prior 7-Day Avg -93.80%
Calls: -95.58%
Puts: -91.79%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16 9:35am) $3.80M
Calls: $860.3K (23%)
Puts: $2.94M (77%)
Prior (07/06) $3.95M
Calls: $3.12M (79%)
Puts: $830.9K (21%)
Current vs Prior -3.88%
Calls: -72.41%
Puts: +253.32%
Prior 7-Day Total $400.34M
Calls: $265.93M (66%)
Puts: $134.41M (34%)
Prior 7-Day Average $57.19M
Calls: $37.99M (66%)
Puts: $19.20M (34%)
Current vs Prior 7-Day Avg -93.36%
Calls: -97.74%
Puts: -84.71%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16 9:35am) 1.64
Prior (07/06) 0.47
Current vs Prior +250.29%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +125.64%
Sentiment BEARISH

Open Interest

Detail
Current (07/16 9:35am) 493,180
Calls: 185,809 (38%)
Puts: 307,371 (62%)
Prior (07/06) 408,586
Calls: 155,204 (38%)
Puts: 253,382 (62%)
Current vs Prior +20.70%
Prior 7-Day Total 2,698,496
Calls: 1,087,310 (40%)
Puts: 1,611,186 (60%)
Prior 7-Day Average 385,499
Calls: 155,330 (40%)
Puts: 230,169 (60%)
Current vs Prior 7-Day Avg +27.93%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 6.55% | 13.68%6.55% | 27.56%
Prior 6.53% | 12.01%15.91% | 30.76%
Current vs Prior +0.28% | +13.90%-58.83% | -10.38%
Prior 7-Day Avg 9.87% | 14.58%16.08% | 30.73%
Current vs 7-Day Avg -33.65% | -6.18%-59.28% | -10.30%
Prior 7-Day Eod 6.53% | 12.01%6.86% | 27.23%
Current vs 7-Day Eod +0.28% | +13.90%-4.49% | +1.24%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 39.41% | 22.71%
Calls: 49.08% | 23.20%
Puts: 29.75% | 22.22%
Prior 26.98% | 20.20%
Calls: 31.63% | 19.78%
Puts: 22.33% | 20.63%
Current vs Prior +46.07% | +12.43%
Prior 7-Day Avg 18.95% | 13.94%
Calls: 18.52% | 12.42%
Puts: 19.39% | 15.47%
Current vs 7-Day Avg +107.91% | +62.88%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($2.94M) vs calls ($860.3K). Extreme bearish P/C ratio of 1.64 - heavy put buying. P/C ratio rising 250% - increased hedging/bearish positioning. Put-heavy open interest (307,371 puts vs 185,809 calls) suggests hedging or bearish positioning.

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 BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BEARISHBEARISHBEARISH

📈 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 65 of results (avg 8.8%, best 6.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Aug 2193.90101.00$97.457.3%--0.7282
$420.00Aug 2198.90107.00$102.957.9%--0.74312
$440.00Aug 2187.5095.00$91.258.2%--0.69344
$392.50Jul 1791.95100.00$95.988.4%--0.9618
$400.00Jul 3197.40106.00$101.708.5%--0.8322
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$565.00Aug 799.00106.10$102.556.9%--0.6527
$550.00Aug 2198.00105.25$101.637.1%--0.57227
$585.00Jul 2498.05105.40$101.737.2%--0.8446
$580.00Jul 2494.00101.10$97.557.3%20.85137
$575.00Jul 2490.0096.80$93.407.3%--0.8277

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. 172 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$397.50Jul 1786.7595.40$91.089.5%--0.9812
$400.00Jul 1785.0593.00$89.038.9%--0.98220
$392.50Jul 1791.95100.00$95.988.4%--0.9618
$395.00Jul 1789.6598.00$93.838.9%--0.9513
$410.00Jul 1775.3583.00$79.189.7%--0.95105
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$577.50Jul 1786.0094.00$90.008.9%--1.0027
$582.50Jul 1791.0099.00$95.008.4%--1.0061
$575.00Jul 1783.0092.00$87.5010.3%--0.9935
$565.00Jul 1774.0081.85$77.9310.1%50.98253
$562.50Jul 1771.0080.00$75.5011.9%--0.9754

Most actively traded options today. High liquidity = easy entry/exit. 112 active (total vol 532, top 101)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Jul 170.613.90$2.26145.6%210.11451
$570.00Jul 170.113.35$1.73187.3%210.08433
$502.50Jul 177.3513.95$10.6562.0%200.3928
$520.00Aug 2150.5557.00$53.7812.0%160.50167
$565.00Jul 170.511.24$0.8883.0%130.05201
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Jul 1721.6023.95$22.7810.3%1010.593.9K
$465.00Jul 2418.8024.10$21.4524.7%400.3572
$490.00Jul 1713.3017.95$15.6329.8%240.50667
$450.00Jul 173.004.90$3.9548.1%130.161.2K
$480.00Jul 178.9014.10$11.5045.2%100.39488

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 104 strikes (avg 41.3%, max 103.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$585.00Jul 17Aug 14204.1%106.2%92.3%--215
$410.00Jul 17Aug 21192.4%107.5%79.0%--162
$580.00Jul 17Aug 21178.2%106.4%67.6%10533
$420.00Jul 17Aug 21178.0%106.9%66.6%--628
$400.00Jul 17Aug 21177.4%106.9%66.0%--276
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$395.00Jul 17Aug 14231.6%113.7%103.7%--58
$405.00Jul 17Aug 14210.4%114.1%84.5%--63
$585.00Jul 17Jul 31204.1%112.6%81.3%1111
$425.00Jul 17Aug 28191.6%106.1%80.5%--102
$410.00Jul 17Aug 21192.4%107.5%79.0%--944

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 279 found (best R:R 19.83, avg 2.31)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$560.00$562.50Jul 17$0.12$2.38$0.1219.83$560.12
$555.00$557.50Jul 17$0.14$2.36$0.1416.86$555.14
$535.00$537.50Jul 17$0.19$2.31$0.1912.16$535.19
$575.00$577.50Jul 17$0.22$2.28$0.2210.36$575.22
$530.00$535.00Jul 24$0.53$4.47$0.538.43$530.53
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$465.00$462.50Jul 17$0.22$2.28$0.2210.36$464.78
$417.50$415.00Jul 24$0.22$2.28$0.2210.36$417.28
$452.50$450.00Jul 17$0.23$2.27$0.239.87$452.27
$410.00$407.50Jul 24$0.23$2.27$0.239.87$409.77
$425.00$422.50Jul 17$0.25$2.25$0.259.00$424.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 366 found (best R:R 19.83, avg 1.75)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$415.00$417.50Jul 17$2.33$2.33$0.1713.71$417.33
$470.00$475.00Jul 17$4.58$4.58$0.4210.90$474.58
$430.00$437.50Jul 17$6.85$6.85$0.6510.54$436.85
$420.00$425.00Jul 17$4.50$4.50$0.509.00$424.50
$392.50$395.00Jul 17$2.15$2.15$0.356.14$394.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$537.50$535.00Jul 17$2.38$2.38$0.1219.83$535.12
$570.00$565.00Jul 17$4.75$4.75$0.2519.00$565.25
$552.50$550.00Jul 17$2.37$2.37$0.1318.23$550.13
$575.00$572.50Jul 17$2.37$2.37$0.1318.23$572.63
$585.00$582.50Jul 17$2.35$2.35$0.1515.67$582.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 104 found (avg debit $12.16, cheapest $3.70)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$585.00Jul 17Jul 24$4.68204.1%111.6%
$580.00Jul 17Jul 24$5.17178.2%106.8%
$582.50Jul 17Jul 24$6.50153.2%111.7%
$577.50Jul 17Jul 24$6.59151.2%109.0%
$575.00Jul 17Jul 24$7.04156.6%110.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$395.00Jul 17Jul 24$3.70231.6%125.0%
$392.50Jul 17Jul 24$3.87220.9%125.7%
$585.00Jul 17Jul 24$4.38204.1%111.6%
$402.50Jul 17Jul 24$4.50218.9%123.3%
$405.00Jul 17Jul 24$4.92210.4%122.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 153 found (cheapest 6.32% of stock, avg 18.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$490.00Jul 17$15.20$15.63$30.83$459.17$520.836.32%
$480.00Jul 17$20.27$11.50$31.77$448.23$511.776.52%
$495.00Jul 17$13.23$19.18$32.41$462.59$527.416.65%
$497.50Jul 17$11.83$20.85$32.68$464.82$530.186.70%
$475.00Jul 17$22.85$10.13$32.98$442.02$507.986.76%
$507.50Jul 17$7.25$26.75$34.00$473.50$541.506.97%
$500.00Jul 17$11.50$22.78$34.28$465.72$534.287.03%
$505.00Jul 17$9.78$24.83$34.61$470.39$539.617.10%
$502.50Jul 17$10.65$24.55$35.20$467.30$537.707.22%
$470.00Jul 17$27.43$8.15$35.58$434.42$505.587.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 4.36% of stock, avg 15.93%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$505.00$480.00Jul 17$9.78$11.50$21.28$458.72$526.28
$505.00$482.50Jul 17$9.78$12.25$22.03$460.47$527.03
$502.50$480.00Jul 17$10.65$11.50$22.15$457.85$524.65
$502.50$482.50Jul 17$10.65$12.25$22.90$459.60$525.40
$505.00$485.00Jul 17$9.78$13.18$22.96$462.04$527.96
$500.00$480.00Jul 17$11.50$11.50$23.00$457.00$523.00
$497.50$480.00Jul 17$11.83$11.50$23.33$456.67$520.83
$500.00$482.50Jul 17$11.50$12.25$23.75$458.75$523.75
$502.50$485.00Jul 17$10.65$13.18$23.83$461.17$526.33
$497.50$482.50Jul 17$11.83$12.25$24.08$458.42$521.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 411 found (best R:R 75.92, avg credit $5.56)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
440/450460/470Aug 21$9.87$0.1375.92$440.13$469.87
440/450470/480Aug 21$9.68$0.3230.25$440.32$479.68
398/400455/460Jul 24$4.83$0.1728.41$395.17$459.83
418/420455/460Jul 24$4.83$0.1728.41$415.17$459.83
460/470480/490Aug 21$9.63$0.3726.03$460.37$489.63
410/420430/440Aug 21$9.60$0.4024.00$410.40$439.60
420/430450/460Aug 21$9.50$0.5019.00$420.50$459.50
398/400485/490Jul 24$4.71$0.2916.24$395.29$489.71
418/420485/490Jul 24$4.71$0.2916.24$415.29$489.71
400/410450/460Aug 21$9.41$0.5915.95$400.59$459.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 166 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$500.00$510.00$520.00Aug 21$0.12$9.8882.33
$550.00$560.00$570.00Aug 21$0.14$9.8670.43
$555.00$560.00$565.00Aug 7$0.08$4.9261.50
$460.00$470.00$480.00Aug 21$0.19$9.8151.63
$550.00$555.00$560.00Jul 31$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$450.00$455.00$460.00Aug 7$0.08$4.9261.50
$525.00$530.00$535.00Aug 7$0.10$4.9049.00
$410.00$412.50$415.00Jul 17$0.06$2.4440.67
$430.00$435.00$440.00Jul 31$0.12$4.8840.67
$520.00$525.00$530.00Aug 7$0.13$4.8737.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $-21.36, 33 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$460.001:2Jul 31-$21.36$38.64
$425.00$480.001:2Aug 7-$28.17$26.83
$537.50$540.001:2Jul 17-$0.03$2.47
$575.00$577.501:2Jul 17-$0.37$2.13
$572.50$575.001:2Jul 17-$0.41$2.09
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$550.00$495.001:2Aug 28-$39.12$15.88
$400.00$397.501:2Jul 17-$0.37$2.13
$395.00$392.501:2Jul 17-$0.63$1.87
$422.50$420.001:2Jul 17-$0.74$1.76
$442.50$440.001:2Jul 17-$0.77$1.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 110 found (best yield 12.81%, avg 4.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$490.00Aug 21$62.450.570.5%12.81%13.30%--137
$500.00Aug 21$58.400.552.5%11.98%14.52%--475
$510.00Aug 21$54.350.524.6%11.15%15.74%276
$520.00Aug 21$50.550.506.7%10.37%17.01%16167
$510.00Aug 14$47.200.514.6%9.68%14.28%--12
$500.00Aug 7$46.750.532.5%9.59%12.13%129
$530.00Aug 21$46.400.488.7%9.52%18.21%--283
$505.00Aug 7$45.300.523.6%9.29%12.86%--11
$520.00Aug 14$43.150.486.7%8.85%15.50%--14
$540.00Aug 21$43.000.4610.8%8.82%19.57%--189

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 454
Total Puts 743
Put/Call Ratio 1.64
Net Difference -289

Prior's Put/Call Breakdown

Total Calls 1,006
Total Puts 470
Put/Call Ratio 0.47
Net Difference 536

Prior 7-Day Put/Call Summary

Total Calls 71,837
Total Puts 63,349
Average Put/Call Ratio 0.73
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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