Tour v423
WEN
WENDYS CO A
$7.31 +4.58%
$7.34 (+0.41%)🌙
as of 07/27 07:17 PM
7/27 19:17

Option Volume

Detail
Current (07/27) 28,852
Calls: 24,663 (85%)
Puts: 4,189 (15%)
Prior (07/24) 116,071
Calls: 12,039 (10%)
Puts: 104,032 (90%)
Current vs Prior -75.14%
Calls: +104.86% (Calls)
Puts: -95.97% (Puts)
Prior 7-Day Total 271,295
Calls: 136,619 (50%)
Puts: 134,676 (50%)
Prior 7-Day Average 38,756
Calls: 19,517 (50%)
Puts: 19,239 (50%)
Current vs Prior 7-Day Avg -25.56%
Calls: +26.37%
Puts: -78.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $1.25M
Calls: $1.04M (83%)
Puts: $210.7K (17%)
Prior (07/24) $5.28M
Calls: $585.5K (11%)
Puts: $4.69M (89%)
Current vs Prior -76.28%
Calls: +77.95%
Puts: -95.51%
Prior 7-Day Total $13.86M
Calls: $7.58M (55%)
Puts: $6.29M (45%)
Prior 7-Day Average $1.98M
Calls: $1.08M (55%)
Puts: $898.0K (45%)
Current vs Prior 7-Day Avg -36.75%
Calls: -3.73%
Puts: -76.54%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27) 0.17
Prior (07/24) 8.64
Current vs Prior -98.03%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg -81.81%
Sentiment BULLISH

Open Interest

Detail
Current (07/27) 455,088
Calls: 310,408 (68%)
Puts: 144,680 (32%)
Prior (07/24) 300,347
Calls: 257,968 (86%)
Puts: 42,379 (14%)
Current vs Prior +51.52%
Prior 7-Day Total 3,257,244
Calls: 2,187,046 (67%)
Puts: 1,070,198 (33%)
Prior 7-Day Average 465,320
Calls: 312,435 (67%)
Puts: 152,885 (33%)
Current vs Prior 7-Day Avg -2.20%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 6.57% | 10.53%13.68% | 17.10%
Prior 4.72% | 10.01%12.30% | 16.88%
Current vs Prior +39.09% | +5.18%+11.19% | +1.29%
Prior 7-Day Avg 4.73% | 8.24%10.49% | 17.64%
Current vs 7-Day Avg +38.97% | +27.79%+30.42% | -3.07%
Prior 7-Day Eod 4.72% | 10.01%12.30% | 16.88%
Current vs 7-Day Eod +39.09% | +5.18%+11.19% | +1.29%
Sentiment BEARISHBEARISH

Relative Spread

Detail
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 bullish conviction with 83% of dollar volume in calls ($1.04M) vs puts ($210.7K). Light premium activity with dollar volume down 76% vs prior. Below-average activity with volume down 75% vs prior. Extreme bullish P/C ratio of 0.17 - heavy call buying (24,663 calls vs 4,189 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 -- 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. 8 found (avg $0.60, cheapest $0.28)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.250.30$0.2817.9%9490.3542.0K
$7.50Aug 70.300.35$0.3215.6%1.9K0.471.1K
$7.50Aug 210.400.45$0.4311.6%3.4K0.482.6K
$7.00Aug 70.500.60$0.5518.2%1920.69347
$7.00Aug 140.550.65$0.6016.7%680.6784
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.800.90$0.8511.8%180.72197
$8.00Aug 140.800.95$0.8817.0%110.6935
$8.00Aug 210.851.00$0.9316.1%800.665.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 27 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jul 310.901.75$1.3363.9%90.9553
$6.50Jul 310.401.40$0.90111.1%270.9344
$6.00Aug 71.051.75$1.4050.0%20.9229
$6.00Aug 211.351.55$1.4513.8%470.893.5K
$6.50Aug 70.601.30$0.9573.7%30.8915
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 310.951.50$1.2344.7%21.00--
$8.00Jul 310.550.85$0.7042.9%540.90374
$8.50Aug 281.151.65$1.4035.7%20.7315
$8.00Aug 70.800.90$0.8511.8%180.72197
$8.50Sep 41.201.65$1.4231.7%2360.69--

Most actively traded options today. High liquidity = easy entry/exit. 57 active (total vol 20.4K, top 3.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 310.150.20$0.1827.8%3.7K0.431.6K
$7.50Aug 210.400.45$0.4311.6%3.4K0.482.6K
$7.50Aug 70.300.35$0.3215.6%1.9K0.471.1K
$8.00Aug 70.150.20$0.1827.8%1.5K0.301.2K
$8.00Jul 310.000.10$0.05200.0%1.2K0.172.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 310.050.10$0.0862.5%1.6K0.232.4K
$7.50Aug 140.450.60$0.5328.3%4350.5250.0K
$8.50Sep 41.201.65$1.4231.7%2360.69--
$7.50Jul 310.250.35$0.3033.3%1970.591.0K
$7.50Aug 210.500.65$0.5726.3%1600.52386

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 36.2%, max 121.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jul 31Aug 28130.6%59.0%121.4%1053
$6.50Jul 31Aug 2888.8%54.1%64.2%2970
$8.50Jul 31Aug 2894.4%70.9%33.1%3111.5K
$7.00Jul 31Sep 470.9%54.8%29.5%1.0K357
$8.00Jul 31Aug 2877.8%61.8%25.9%1.3K3.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Jul 31Sep 488.8%59.3%49.8%50300
$8.50Jul 31Sep 494.4%73.7%28.0%238--
$7.00Jul 31Aug 2870.9%57.7%23.0%1.6K2.6K
$7.50Jul 31Aug 2876.0%62.4%21.8%2061.0K
$6.00Aug 21Sep 467.7%58.4%15.8%1557.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 24 found (best R:R 3.17, avg 1.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Jul 31$0.13$0.37$0.132.85$7.63
$8.00$8.50Aug 21$0.13$0.37$0.132.85$8.13
$7.50$8.00Aug 7$0.14$0.36$0.142.57$7.64
$7.50$8.00Aug 21$0.15$0.35$0.152.33$7.65
$7.50$8.00Aug 14$0.17$0.33$0.171.94$7.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$6.50$6.00Sep 4$0.12$0.38$0.123.17$6.38
$7.00$6.50Aug 7$0.15$0.35$0.152.33$6.85
$7.00$6.50Aug 21$0.17$0.33$0.171.94$6.83
$7.00$6.50Aug 14$0.20$0.30$0.201.50$6.80
$7.00$6.50Aug 28$0.20$0.30$0.201.50$6.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 32 found (best R:R 4.00, avg 1.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.50$7.00Aug 7$0.40$0.40$0.104.00$6.90
$6.50$7.00Aug 14$0.38$0.38$0.123.17$6.88
$6.00$6.50Aug 21$0.35$0.35$0.152.33$6.35
$7.00$7.50Aug 28$0.30$0.30$0.201.50$7.30
$7.00$7.50Jul 31$0.25$0.25$0.251.00$7.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Jul 31$0.40$0.40$0.104.00$7.60
$8.00$7.50Aug 7$0.40$0.40$0.104.00$7.60
$8.50$7.50Aug 28$0.77$0.77$0.233.35$7.73
$8.00$7.50Aug 21$0.36$0.36$0.142.57$7.64
$8.00$7.50Aug 14$0.35$0.35$0.152.33$7.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.12, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.00Jul 31Aug 7$0.07130.6%92.5%
$8.50Jul 31Aug 7$0.0794.4%84.6%
$7.00Jul 31Aug 7$0.1270.9%71.3%
$8.00Jul 31Aug 7$0.1377.8%79.0%
$7.50Jul 31Aug 7$0.1476.0%75.8%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 31Aug 7$0.1270.9%71.3%
$7.50Jul 31Aug 7$0.1576.0%75.8%
$8.00Jul 31Aug 7$0.1577.8%79.0%
$8.50Jul 31Aug 28$0.1794.4%70.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 6.57% of stock, avg 14.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 31$0.18$0.30$0.48$7.02$7.986.57%
$7.00Jul 31$0.43$0.08$0.51$6.49$7.516.98%
$8.00Jul 31$0.05$0.70$0.75$7.25$8.7510.26%
$7.00Aug 7$0.55$0.20$0.75$6.25$7.7510.26%
$7.50Aug 7$0.32$0.45$0.77$6.73$8.2710.53%
$7.00Aug 14$0.60$0.25$0.85$6.15$7.8511.63%
$6.50Jul 31$0.90$0.03$0.93$5.57$7.4312.72%
$7.50Aug 14$0.40$0.53$0.93$6.57$8.4312.72%
$7.00Aug 21$0.65$0.30$0.95$6.05$7.9513.00%
$6.50Aug 7$0.95$0.05$1.00$5.50$7.5013.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 38 found (cheapest 0.82% of stock, avg 5.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$6.50Jul 31$0.03$0.03$0.06$6.44$8.56
$8.00$6.50Jul 31$0.05$0.03$0.08$6.42$8.08
$8.50$7.00Jul 31$0.03$0.08$0.11$6.89$8.61
$8.00$7.00Jul 31$0.05$0.08$0.13$6.87$8.13
$8.50$6.50Aug 7$0.10$0.05$0.15$6.35$8.65
$8.50$6.50Aug 14$0.15$0.05$0.20$6.30$8.70
$7.50$6.50Jul 31$0.18$0.03$0.21$6.29$7.71
$8.00$6.50Aug 7$0.18$0.05$0.23$6.27$8.23
$8.50$6.00Aug 21$0.15$0.08$0.23$5.77$8.73
$7.50$7.00Jul 31$0.18$0.08$0.26$6.74$7.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.85, avg credit $0.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Aug 14$0.37$0.132.85$6.63$7.87
6/78/8Aug 28$0.37$0.132.85$6.63$7.87
6/78/8Aug 21$0.32$0.181.78$6.68$7.82
6/78/8Aug 21$0.30$0.201.50$6.70$8.30
6/67/8Sep 4$0.30$0.201.50$6.20$7.30
6/78/8Aug 7$0.29$0.211.38$6.71$7.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$6.00$6.50$7.00Aug 7$0.05$0.459.00
$7.50$8.00$8.50Aug 7$0.06$0.447.33
$7.00$7.50$8.00Aug 21$0.07$0.436.14
$7.00$7.50$8.00Aug 7$0.09$0.414.56
$7.50$8.00$8.50Aug 14$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 14$0.07$0.436.14
$6.50$7.00$7.50Aug 14$0.08$0.425.25
$6.50$7.00$7.50Aug 28$0.08$0.425.25
$7.00$7.50$8.00Aug 21$0.09$0.414.56
$6.50$7.00$7.50Aug 7$0.10$0.404.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-0.05, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.001:2Aug 14-$0.06$0.44
$8.00$8.501:2Aug 14-$0.07$0.43
$7.00$7.501:2Aug 7-$0.09$0.41
$7.50$8.001:2Aug 28-$0.11$0.39
$7.50$8.001:2Aug 21-$0.13$0.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.501:2Aug 7-$0.05$0.45
$7.50$7.001:2Aug 28-$0.07$0.43
$8.50$8.001:2Jul 31-$0.17$0.33
$8.00$7.501:2Aug 14-$0.18$0.32
$8.00$7.501:2Aug 21-$0.21$0.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 6.16%, avg 3.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Sep 4$0.450.502.6%6.16%8.76%3--
$7.50Aug 21$0.400.482.6%5.47%8.07%3.4K2.6K
$7.50Aug 14$0.350.492.6%4.79%7.39%1.2K593
$7.50Aug 7$0.300.472.6%4.10%6.70%1.9K1.1K
$7.50Aug 28$0.300.482.6%4.10%6.70%34231
$8.00Aug 21$0.250.359.4%3.42%12.86%94942.0K
$8.00Aug 14$0.200.339.4%2.74%12.18%542.1K
$7.50Jul 31$0.150.432.6%2.05%4.65%3.7K1.6K
$8.00Aug 7$0.150.309.4%2.05%11.49%1.5K1.2K
$8.50Aug 28$0.150.2716.3%2.05%18.33%39268

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 24,663
Total Puts 4,189
Put/Call Ratio 0.17
Net Difference 20,474

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 136,619
Total Puts 134,676
Average Put/Call Ratio 0.93
Ratio Trend Falling

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