Tour v397
WEN
WENDYS CO A
$6.99 -2.58%
$7.17 (+2.58%)🌅
as of 07/25 04:11 AM
(7/23 19:19) ◀
|
Friday, July 24, 2026 (4:11am)
January 2026
|
▶ (7/27 19:17)
◀ 7/24 04:11 ▶

Option Volume

Detail
ℹ
Current (07/25) 116,071
Calls: 12,039 (10%)
Puts: 104,032 (90%)
Prior (07/23) 17,419
Calls: 14,042 (81%)
Puts: 3,377 (19%)
Current vs Prior +566.35%
Calls: -14.26% (Calls)
Puts: +2980.60% (Puts)
Prior 7-Day Total 172,058
Calls: 135,578 (79%)
Puts: 36,480 (21%)
Prior 7-Day Average 24,579
Calls: 19,368 (79%)
Puts: 5,211 (21%)
Current vs Prior 7-Day Avg +372.22%
Calls: -37.84%
Puts: +1896.23%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/25) $5.28M
Calls: $585.5K (11%)
Puts: $4.69M (89%)
Prior (07/23) $1.13M
Calls: $947.5K (84%)
Puts: $186.7K (16%)
Current vs Prior +365.57%
Calls: -38.20%
Puts: +2414.47%
Prior 7-Day Total $9.48M
Calls: $7.57M (80%)
Puts: $1.92M (20%)
Prior 7-Day Average $1.35M
Calls: $1.08M (80%)
Puts: $274.0K (20%)
Current vs Prior 7-Day Avg +289.72%
Calls: -45.83%
Puts: +1613.25%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/25) 8.64
Prior (07/23) 0.24
Current vs Prior +3493.14%
Prior 7-Day Average 0.29
Current vs Prior 7-Day Avg +2828.79%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/25) 300,347
Calls: 257,968 (86%)
Puts: 42,379 (14%)
Prior (07/23) 455,411
Calls: 301,383 (66%)
Puts: 154,028 (34%)
Current vs Prior -34.05%
Prior 7-Day Total 3,469,789
Calls: 2,209,930 (64%)
Puts: 1,259,859 (36%)
Prior 7-Day Average 495,684
Calls: 315,704 (64%)
Puts: 179,979 (36%)
Current vs Prior 7-Day Avg -39.41%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.72% | 10.01%12.30% | 16.88%
Prior 3.21% | 6.42%12.55% | 16.46%
Current vs Prior +47.17% | +56.09%-1.98% | +2.58%
Prior 7-Day Avg 4.59% | 7.87%9.27% | 17.53%
Current vs 7-Day Avg +2.91% | +27.30%+32.75% | -3.70%
Prior 7-Day Eod 3.21% | 6.42%12.55% | 16.46%
Current vs 7-Day Eod +47.17% | +56.09%-1.98% | +2.58%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Prior 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bearish conviction with 89% of dollar volume in puts ($4.69M) vs calls ($585.5K). Massive premium surge with dollar volume up 366% vs prior. Dollar volume significantly above 7-day average (290% higher). Unusually high activity with volume up 566% vs prior - elevated interest.

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 BULLISH
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 4 of results (avg 7.9%, best 4.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 211.051.15$1.109.1%290.863.5K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 141.101.15$1.134.4%200.7615
$8.00Aug 211.101.20$1.158.7%690.726.0K
$8.00Aug 71.001.10$1.059.5%80.81--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.65, cheapest $0.43)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.650.75$0.7014.3%10.7511
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 210.400.45$0.4311.6%2300.487.8K
$7.50Jul 310.500.60$0.5518.2%2790.78923
$7.50Aug 70.650.75$0.7014.3%740.68490
$7.50Aug 140.700.80$0.7513.3%50.0K0.6585
$7.50Aug 210.700.85$0.7719.5%120.62382

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 22 found (avg delta 0.70, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jul 310.651.20$0.9359.1%30.9351
$6.50Jul 310.500.80$0.6546.2%80.9044
$6.00Aug 211.051.15$1.109.1%290.863.5K
$6.50Aug 140.650.75$0.7014.3%10.7511
$6.50Aug 210.450.80$0.6355.6%30.7153
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 310.951.10$1.0214.7%510.87394
$8.00Aug 71.001.10$1.059.5%80.81--
$7.50Jul 310.500.60$0.5518.2%2790.78923
$8.00Aug 141.101.15$1.134.4%200.7615
$8.00Aug 280.951.55$1.2548.0%10.74--

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 111.4K, top 50.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.200.25$0.2321.7%5.1K0.2844.5K
$7.00Aug 210.350.50$0.4334.9%6390.528.5K
$7.50Aug 140.200.30$0.2540.0%5010.34331
$7.50Jul 310.050.10$0.0862.5%4470.221.5K
$7.50Aug 70.150.20$0.1827.8%3880.321.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.100.20$0.1566.7%50.0K0.2820
$7.50Aug 140.700.80$0.7513.3%50.0K0.6585
$7.00Jul 310.150.20$0.1827.8%1.7K0.521.2K
$6.00Aug 280.050.35$0.20150.0%7600.165
$7.50Jul 310.500.60$0.5518.2%2790.78923

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 30.5%, max 45.6%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jul 31Aug 2177.5%53.2%45.6%323.6K
$8.00Jul 31Sep 484.6%64.9%30.4%1572.8K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jul 31Sep 477.5%54.6%42.0%21698
$8.00Jul 31Sep 484.6%64.9%30.4%62395
$7.50Jul 31Aug 2865.0%62.6%3.9%280951

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 4.00, avg 1.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Aug 14$0.10$0.40$0.104.00$7.60
$7.00$7.50Aug 21$0.13$0.37$0.132.85$7.13
$7.00$7.50Aug 14$0.15$0.35$0.152.33$7.15
$7.50$8.00Aug 28$0.15$0.35$0.152.33$7.65
$7.00$7.50Aug 7$0.17$0.33$0.171.94$7.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$6.50$6.00Aug 21$0.12$0.38$0.123.17$6.38
$7.00$6.50Aug 7$0.22$0.28$0.221.27$6.78
$7.00$6.50Aug 21$0.23$0.27$0.231.17$6.77
$7.50$7.00Aug 14$0.25$0.25$0.251.00$7.25
$7.00$6.50Aug 28$0.25$0.25$0.251.00$6.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 3.17, avg 1.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.50$7.00Aug 28$0.35$0.35$0.152.33$6.85
$6.50$7.00Aug 14$0.30$0.30$0.201.50$6.80
$6.00$6.50Jul 31$0.28$0.28$0.221.27$6.28
$6.50$7.00Aug 21$0.20$0.20$0.300.67$6.70
$7.50$8.00Sep 4$0.18$0.18$0.320.56$7.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 14$0.38$0.38$0.123.17$7.62
$8.00$7.50Aug 21$0.38$0.38$0.123.17$7.62
$7.50$7.00Jul 31$0.37$0.37$0.132.85$7.13
$7.50$7.00Aug 7$0.35$0.35$0.152.33$7.15
$8.00$7.50Aug 7$0.35$0.35$0.152.33$7.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.14, cheapest $0.05)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Jul 31Aug 7$0.1065.0%66.8%
$6.00Jul 31Aug 21$0.1777.5%53.2%
$7.00Jul 31Aug 7$0.2042.8%63.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.50Jul 31Aug 7$0.0544.0%59.2%
$7.50Jul 31Aug 7$0.1565.0%66.8%
$7.00Jul 31Aug 7$0.1742.8%63.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 4.72% of stock, avg 14.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.00Jul 31$0.15$0.18$0.33$6.67$7.334.72%
$7.50Jul 31$0.08$0.55$0.63$6.87$8.139.01%
$7.00Aug 7$0.35$0.35$0.70$6.30$7.7010.01%
$6.50Jul 31$0.65$0.08$0.73$5.77$7.2310.44%
$6.50Aug 21$0.63$0.20$0.83$5.67$7.3311.87%
$6.50Aug 14$0.70$0.15$0.85$5.65$7.3512.16%
$7.00Aug 21$0.43$0.43$0.86$6.14$7.8612.30%
$7.50Aug 7$0.18$0.70$0.88$6.62$8.3812.59%
$7.00Aug 28$0.43$0.45$0.88$6.12$7.8812.59%
$7.00Aug 14$0.40$0.50$0.90$6.10$7.9012.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 29 found (cheapest 2.29% of stock, avg 5.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$7.50$6.50Jul 31$0.08$0.08$0.16$6.34$7.66
$7.50$6.00Jul 31$0.08$0.08$0.16$5.84$7.66
$8.00$6.50Jul 31$0.08$0.08$0.16$6.34$8.16
$8.00$6.00Jul 31$0.08$0.08$0.16$5.84$8.16
$8.00$6.00Aug 7$0.10$0.08$0.18$5.82$8.18
$7.00$6.50Jul 31$0.15$0.08$0.23$6.27$7.23
$7.00$6.00Jul 31$0.15$0.08$0.23$5.77$7.23
$8.00$6.50Aug 7$0.10$0.13$0.23$6.27$8.23
$7.50$6.00Aug 7$0.18$0.08$0.26$5.74$7.76
$8.00$6.50Aug 14$0.15$0.15$0.30$6.20$8.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.00, avg credit $0.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/67/8Aug 21$0.25$0.251.00$6.25$7.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 14$0.05$0.459.00
$7.00$7.50$8.00Aug 21$0.06$0.447.33
$7.00$7.50$8.00Jul 31$0.07$0.436.14
$6.50$7.00$7.50Aug 21$0.07$0.436.14
$7.00$7.50$8.00Aug 7$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 28$0.08$0.425.25
$6.00$6.50$7.00Jul 31$0.10$0.404.00
$7.00$7.50$8.00Jul 31$0.10$0.404.00
$6.00$6.50$7.00Aug 21$0.11$0.393.55
$6.50$7.00$7.50Aug 21$0.11$0.393.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.07, 22 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.001:2Sep 4-$0.07$0.43
$7.50$8.001:2Jul 31-$0.08$0.42
$6.50$7.001:2Aug 28-$0.08$0.42
$6.50$7.001:2Aug 14-$0.10$0.40
$7.00$7.501:2Aug 14-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$6.001:2Jul 31-$0.08$0.42
$8.00$7.501:2Jul 31-$0.08$0.42
$7.50$7.001:2Aug 21-$0.09$0.41
$7.50$7.001:2Aug 28-$0.12$0.38
$6.50$6.001:2Aug 28-$0.20$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 5.72%, avg 3.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.00Sep 4$0.400.520.1%5.72%5.87%10--
$7.00Aug 14$0.350.490.1%5.01%5.15%8521
$7.00Aug 21$0.350.520.1%5.01%5.15%6398.5K
$7.00Aug 7$0.300.520.1%4.29%4.43%88317
$7.50Aug 21$0.250.387.3%3.58%10.87%332.6K
$7.00Aug 28$0.250.510.1%3.58%3.72%35105
$7.50Sep 4$0.250.417.3%3.58%10.87%1--
$7.50Aug 14$0.200.347.3%2.86%10.16%501331
$8.00Aug 21$0.200.2814.4%2.86%17.31%5.1K44.5K
$7.50Aug 28$0.200.387.3%2.86%10.16%18213

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 12,039
Total Puts 104,032
Put/Call Ratio 8.64
Net Difference -91,993

Prior's Put/Call Breakdown

Total Calls 14,042
Total Puts 3,377
Put/Call Ratio 0.24
Net Difference 10,665

Prior 7-Day Put/Call Summary

Total Calls 135,578
Total Puts 36,480
Average Put/Call Ratio 0.29
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All