Tour v492
WEN
WENDYS CO A
$7.39 -7.51%
$7.37 (-0.27%)🌙
as of 08/06 06:09 PM
8/6 18:09

Option Volume

Detail
Current (08/06) 27,085
Calls: 15,712 (58%)
Puts: 11,373 (42%)
Prior (08/05) 20,050
Calls: 13,164 (66%)
Puts: 6,886 (34%)
Current vs Prior +35.09%
Calls: +19.36% (Calls)
Puts: +65.16% (Puts)
Prior 7-Day Total 96,445
Calls: 75,821 (79%)
Puts: 20,624 (21%)
Prior 7-Day Average 13,777
Calls: 10,831 (79%)
Puts: 2,946 (21%)
Current vs Prior 7-Day Avg +96.58%
Calls: +45.06%
Puts: +286.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $1.21M
Calls: $755.3K (62%)
Puts: $458.8K (38%)
Prior (08/05) $1.66M
Calls: $1.48M (89%)
Puts: $177.9K (11%)
Current vs Prior -26.64%
Calls: -48.87%
Puts: +157.88%
Prior 7-Day Total $6.44M
Calls: $5.35M (83%)
Puts: $1.10M (17%)
Prior 7-Day Average $920.2K
Calls: $763.6K (83%)
Puts: $156.5K (17%)
Current vs Prior 7-Day Avg +31.95%
Calls: -1.09%
Puts: +193.11%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.72
Prior (08/05) 0.52
Current vs Prior +38.38%
Prior 7-Day Average 0.28
Current vs Prior 7-Day Avg +155.84%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/06) 592,021
Calls: 380,660 (64%)
Puts: 211,361 (36%)
Prior (08/05) 418,773
Calls: 288,488 (69%)
Puts: 130,285 (31%)
Current vs Prior +41.37%
Prior 7-Day Total 2,710,331
Calls: 1,991,035 (73%)
Puts: 719,296 (27%)
Prior 7-Day Average 387,190
Calls: 284,433 (73%)
Puts: 102,756 (27%)
Current vs Prior 7-Day Avg +52.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 9.20% | 10.15%12.86% | 15.70%
Prior 8.39% | 10.39%12.89% | 15.89%
Current vs Prior +9.73% | -2.30%-0.28% | -1.25%
Prior 7-Day Avg 6.85% | 10.35%13.54% | 17.70%
Current vs 7-Day Avg +34.42% | -1.90%-5.04% | -11.29%
Prior 7-Day Eod 8.39% | 10.39%12.89% | 15.89%
Current vs 7-Day Eod +9.73% | -2.30%-0.28% | -1.25%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 28.66% | 35.36%
Calls: 39.47% | 31.25%
Puts: 17.86% | 39.47%
Prior 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs Prior +145.80% | +173.68%
Prior 7-Day Avg 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs 7-Day Avg +145.80% | +173.68%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($755.3K). Volume explosion - 97% above 7-day average (27,085 vs avg 13,777). P/C ratio rising 38% - increased hedging/bearish positioning. Call-heavy open interest (380,660 calls vs 211,361 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 -- 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. 2 found (avg $0.47, cheapest $0.28)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.250.30$0.2817.9%1.6K0.463.7K
$7.00Aug 210.600.70$0.6515.4%810.728.3K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Sep 111.001.45$1.2336.6%--1.0050
$6.00Aug 211.201.65$1.4231.7%30.973.5K
$6.00Aug 71.101.75$1.4345.5%190.9341
$6.50Aug 70.451.25$0.8594.1%660.9334
$6.00Sep 181.351.90$1.6333.7%20.91105
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 211.101.35$1.2320.3%790.8319
$8.50Aug 71.001.35$1.1829.7%120.81116
$8.50Aug 140.901.40$1.1543.5%300.7911
$8.50Aug 280.851.75$1.3069.2%40.7477
$8.50Sep 40.851.70$1.2766.9%--0.72236

Most actively traded options today. High liquidity = easy entry/exit. 63 active (total vol 19.2K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.100.20$0.1566.7%2.7K0.289.6K
$7.50Aug 70.250.30$0.2817.9%1.6K0.463.7K
$8.00Aug 140.150.25$0.2050.0%8980.332.5K
$8.00Aug 210.200.30$0.2540.0%6540.3742.4K
$8.50Aug 70.050.15$0.10100.0%5590.182.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.250.55$0.4075.0%4.4K0.544.5K
$7.00Aug 70.100.15$0.1338.5%1.6K0.283.1K
$6.00Aug 210.000.05$0.03166.7%1.0K0.056.4K
$8.00Aug 210.751.10$0.9337.6%8590.685.7K
$7.00Aug 210.200.30$0.2540.0%6830.307.0K

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 293.6%, max 436.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11183.6%34.3%436.0%6684
$6.00Aug 7Sep 18269.9%55.0%390.4%21146
$8.00Aug 7Sep 18250.1%64.9%285.3%3.0K13.3K
$8.50Aug 7Sep 11289.7%82.3%251.9%5652.7K
$7.00Aug 7Sep 18189.3%56.4%235.5%941.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11183.6%34.3%436.0%82765
$6.00Aug 7Sep 18269.9%55.0%390.4%33352
$8.00Aug 7Sep 18250.1%64.9%285.3%2891.5K
$8.50Aug 7Sep 4289.7%75.2%285.2%12352
$7.00Aug 7Sep 18189.3%56.4%235.5%1.7K3.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 33 found (best R:R 4.00, avg 1.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Aug 21$0.10$0.40$0.104.00$8.10
$8.00$8.50Sep 4$0.11$0.39$0.113.55$8.11
$7.50$8.00Aug 7$0.13$0.37$0.132.85$7.63
$7.50$8.00Aug 28$0.13$0.37$0.132.85$7.63
$7.50$8.00Aug 14$0.15$0.35$0.152.33$7.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Aug 7$0.10$0.40$0.104.00$6.90
$7.00$6.50Sep 11$0.10$0.40$0.104.00$6.90
$7.00$6.50Aug 14$0.15$0.35$0.152.33$6.85
$7.00$6.50Aug 21$0.15$0.35$0.152.33$6.85
$7.00$6.00Sep 18$0.33$0.67$0.332.03$6.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 38 found (best R:R 9.00, avg 1.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$7.00Sep 18$0.90$0.90$0.109.00$6.90
$6.50$7.00Aug 28$0.37$0.37$0.132.85$6.87
$6.50$7.00Aug 7$0.30$0.30$0.201.50$6.80
$7.00$7.50Sep 4$0.30$0.30$0.201.50$7.30
$6.50$7.00Sep 4$0.29$0.29$0.211.38$6.79
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$7.00Sep 4$0.38$0.38$0.123.17$7.12
$8.00$7.50Aug 28$0.37$0.37$0.132.85$7.63
$8.00$7.50Sep 4$0.35$0.35$0.152.33$7.65
$8.00$7.00Sep 18$0.65$0.65$0.351.86$7.35
$8.00$7.50Aug 7$0.30$0.30$0.201.50$7.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.08, cheapest $0.05)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 7Aug 14$0.05250.1%92.9%
$7.50Aug 7Aug 14$0.07224.4%86.0%
$6.00Aug 7Aug 14$0.12269.9%137.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.00Aug 7Aug 14$0.07269.9%137.9%
$7.00Aug 7Aug 14$0.07189.3%90.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 34 found (cheapest 9.20% of stock, avg 15.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.00Aug 7$0.55$0.13$0.68$6.32$7.689.20%
$7.50Aug 7$0.28$0.40$0.68$6.82$8.189.20%
$7.50Aug 14$0.35$0.40$0.75$6.75$8.2510.15%
$7.00Aug 14$0.57$0.20$0.77$6.23$7.7710.42%
$7.00Sep 11$0.55$0.23$0.78$6.22$7.7810.55%
$8.00Aug 7$0.15$0.70$0.85$7.15$8.8511.50%
$6.50Aug 7$0.85$0.03$0.88$5.62$7.3811.91%
$6.50Aug 14$0.85$0.05$0.90$5.60$7.4012.18%
$8.00Aug 14$0.20$0.70$0.90$7.10$8.9012.18%
$7.00Aug 21$0.65$0.25$0.90$6.10$7.9012.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 49 found (cheapest 1.76% of stock, avg 6.05%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$6.50Aug 7$0.10$0.03$0.13$6.37$8.63
$8.50$6.00Aug 7$0.10$0.03$0.13$5.87$8.63
$8.00$6.50Aug 7$0.15$0.03$0.18$6.32$8.18
$8.00$6.00Aug 7$0.15$0.03$0.18$5.82$8.18
$8.50$6.00Aug 21$0.15$0.03$0.18$5.82$8.68
$8.50$6.50Aug 14$0.15$0.05$0.20$6.30$8.70
$8.50$7.00Aug 7$0.10$0.13$0.23$6.77$8.73
$8.00$6.50Aug 14$0.20$0.05$0.25$6.25$8.25
$8.50$6.00Aug 14$0.15$0.10$0.25$5.75$8.75
$8.50$6.50Aug 21$0.15$0.10$0.25$6.25$8.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.33, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Sep 11$0.35$0.152.33$6.65$8.35
6/78/8Aug 28$0.31$0.191.63$6.69$7.81
6/78/8Aug 14$0.30$0.201.50$6.70$7.80
7/88/8Aug 21$0.30$0.201.50$7.20$8.30
6/78/8Aug 21$0.25$0.251.00$6.75$8.25
6/78/8Aug 7$0.23$0.270.85$6.77$7.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 14$0.06$0.447.33
$7.00$7.50$8.00Aug 14$0.07$0.436.14
$7.50$8.00$8.50Aug 7$0.08$0.425.25
$7.00$7.50$8.00Aug 28$0.09$0.414.56
$7.50$8.00$8.50Aug 14$0.10$0.404.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 21$0.05$0.459.00
$6.50$7.00$7.50Aug 28$0.07$0.436.14
$6.50$7.00$7.50Sep 11$0.07$0.436.14
$6.00$6.50$7.00Aug 21$0.08$0.425.25
$6.00$6.50$7.00Aug 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. 39 found (best net $-0.05, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$8.501:2Aug 7-$0.05$0.45
$7.50$8.001:2Aug 14-$0.05$0.45
$8.00$8.501:2Aug 14-$0.10$0.40
$8.00$8.501:2Aug 28-$0.10$0.40
$8.00$8.501:2Sep 4-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$7.001:2Sep 11-$0.06$0.44
$8.00$7.501:2Aug 7-$0.10$0.40
$8.00$7.501:2Aug 14-$0.10$0.40
$6.50$6.001:2Aug 28-$0.10$0.40
$6.50$6.001:2Aug 14-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 6.09%, avg 2.98%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Sep 11$0.450.461.5%6.09%7.58%1821
$7.50Aug 21$0.350.561.5%4.74%6.22%1475.6K
$7.50Aug 14$0.300.511.5%4.06%5.55%3302.3K
$7.50Aug 28$0.300.491.5%4.06%5.55%3209
$8.00Sep 18$0.300.378.2%4.06%12.31%3183.7K
$7.50Aug 7$0.250.461.5%3.38%4.87%1.6K3.7K
$7.50Sep 4$0.250.471.5%3.38%4.87%53130
$8.00Sep 11$0.250.388.2%3.38%11.64%--64
$8.00Aug 21$0.200.378.2%2.71%10.96%65442.4K
$8.00Aug 28$0.200.368.2%2.71%10.96%19417

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 15,712
Total Puts 11,373
Put/Call Ratio 0.72
Net Difference 4,339

Prior's Put/Call Breakdown

Total Calls 13,164
Total Puts 6,886
Put/Call Ratio 0.52
Net Difference 6,278

Prior 7-Day Put/Call Summary

Total Calls 75,821
Total Puts 20,624
Average Put/Call Ratio 0.28
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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