Tour v494
WEN
WENDYS CO A
$7.68 +3.86%
8/7 15:25

Option Volume

Detail
Current (08/07) 45,659
Calls: 29,998 (66%)
Puts: 15,661 (34%)
Prior (08/06) 27,085
Calls: 15,712 (58%)
Puts: 11,373 (42%)
Current vs Prior +68.58%
Calls: +90.92% (Calls)
Puts: +37.70% (Puts)
Prior 7-Day Total 110,019
Calls: 79,568 (72%)
Puts: 30,451 (28%)
Prior 7-Day Average 15,717
Calls: 11,366 (72%)
Puts: 4,350 (28%)
Current vs Prior 7-Day Avg +190.51%
Calls: +163.91%
Puts: +260.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/07) $1.74M
Calls: $1.38M (79%)
Puts: $365.7K (21%)
Prior (08/06) $1.21M
Calls: $755.3K (62%)
Puts: $458.8K (38%)
Current vs Prior +43.40%
Calls: +82.10%
Puts: -20.30%
Prior 7-Day Total $6.49M
Calls: $5.00M (77%)
Puts: $1.49M (23%)
Prior 7-Day Average $927.8K
Calls: $714.5K (77%)
Puts: $213.3K (23%)
Current vs Prior 7-Day Avg +87.66%
Calls: +92.50%
Puts: +71.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07) 0.52
Prior (08/06) 0.72
Current vs Prior -27.88%
Prior 7-Day Average 0.37
Current vs Prior 7-Day Avg +41.93%
Sentiment BULLISH

Open Interest

Detail
Current (08/07) 604,511
Calls: 387,856 (64%)
Puts: 216,655 (36%)
Prior (08/06) 592,021
Calls: 380,660 (64%)
Puts: 211,361 (36%)
Current vs Prior +2.11%
Prior 7-Day Total 2,850,828
Calls: 2,066,542 (72%)
Puts: 784,286 (28%)
Prior 7-Day Average 407,261
Calls: 295,220 (72%)
Puts: 112,040 (28%)
Current vs Prior 7-Day Avg +48.43%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.73% | 6.90%9.11% | 15.89%
Prior 9.20% | 10.15%12.86% | 15.70%
Current vs Prior -70.28% | -32.00%-29.10% | +1.20%
Prior 7-Day Avg 7.40% | 10.44%13.57% | 17.13%
Current vs 7-Day Avg -63.03% | -33.87%-32.82% | -7.24%
Prior 7-Day Eod 9.20% | 10.15%12.86% | 15.70%
Current vs 7-Day Eod -70.28% | -32.00%-29.10% | +1.20%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 27.78% | 28.18%
Calls: 27.78% | 28.57%
Puts: -- | --
Prior 28.66% | 35.36%
Calls: 39.47% | 31.25%
Puts: 17.86% | 39.47%
Current vs Prior -3.07% | -20.31%
Prior 7-Day Avg 14.09% | 16.13%
Calls: 18.82% | 13.49%
Puts: 9.36% | 18.76%
Current vs 7-Day Avg +97.18% | +74.75%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($1.38M) vs puts ($365.7K). Dollar volume significantly above 7-day average (88% higher). Above-average activity with volume up 69% vs prior. Volume explosion - 191% above 7-day average (45,659 vs avg 15,717).

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 BULLISH
Prior NEUTRAL
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 1 of results (avg 9.5%, best 9.5%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 181.501.65$1.589.5%50.748

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.75, cheapest $0.55)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 70.600.70$0.6515.4%2460.91521
$7.00Aug 210.700.85$0.7719.5%3390.818.4K
$7.00Sep 180.901.05$0.9815.3%280.711.4K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.500.60$0.5518.2%940.626.3K
$8.00Aug 280.550.65$0.6016.7%--0.5918
$8.00Sep 180.700.85$0.7719.5%--0.551.3K
$8.50Aug 210.901.00$0.9510.5%90.7578

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.75, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 211.001.30$1.1526.1%--0.94101
$6.50Aug 71.101.25$1.1812.7%690.9395
$6.50Aug 140.801.30$1.0547.6%770.9214
$7.00Aug 70.600.70$0.6515.4%2460.91521
$6.50Aug 280.851.35$1.1045.5%--0.8819
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 71.251.70$1.4830.4%20.933
$9.00Aug 141.201.65$1.4231.7%30.93--
$8.50Aug 70.751.15$0.9542.1%410.91116
$8.00Aug 70.250.45$0.3557.1%2170.84281
$9.00Aug 211.351.65$1.5020.0%40.833.2K

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 34.2K, top 9.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.200.25$0.2321.7%9.6K0.3942.5K
$7.50Aug 70.150.20$0.1827.8%2.8K0.803.9K
$8.00Aug 140.100.15$0.1338.5%1.2K0.323.1K
$9.00Aug 210.050.15$0.10100.0%1.0K0.1734.0K
$8.00Aug 70.000.05$0.03166.7%9910.1610.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.000.05$0.03166.7%7.7K0.217.3K
$7.50Aug 140.150.20$0.1827.8%3.6K0.3850.5K
$7.00Aug 140.050.10$0.0862.5%4400.17860
$7.00Aug 70.000.05$0.03166.7%2930.104.1K
$7.00Aug 210.050.15$0.10100.0%2860.197.1K

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 1139.2%, max 1855.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 111158.7%59.2%1855.9%87145
$9.00Aug 7Sep 181086.2%62.9%1625.9%5356.1K
$7.00Aug 7Sep 18732.0%57.0%1184.0%2741.9K
$8.50Aug 7Sep 11782.3%61.7%1168.0%1623.0K
$8.00Aug 7Sep 18423.2%57.9%630.2%1.5K14.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 111158.7%59.2%1855.9%14793
$9.00Aug 7Sep 181086.2%62.9%1625.9%711
$7.00Aug 7Sep 18732.0%57.0%1184.0%4184.5K
$8.50Aug 7Sep 4782.3%67.8%1054.1%41352
$8.00Aug 7Sep 18423.2%57.9%630.2%2171.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 4.00, avg 1.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Sep 4$0.10$0.40$0.104.00$8.60
$7.50$8.00Sep 11$0.10$0.40$0.104.00$7.60
$8.00$9.00Sep 18$0.22$0.78$0.223.55$8.22
$8.00$8.50Aug 28$0.12$0.38$0.123.17$8.12
$7.50$8.00Aug 7$0.15$0.35$0.152.33$7.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Sep 11$0.10$0.40$0.104.00$6.90
$7.50$7.00Aug 21$0.15$0.35$0.152.33$7.35
$7.50$7.00Aug 28$0.15$0.35$0.152.33$7.35
$7.50$7.00Sep 4$0.21$0.29$0.211.38$7.29
$7.50$7.00Sep 11$0.23$0.27$0.231.17$7.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 35 found (best R:R 4.26, avg 1.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$7.50Aug 14$0.38$0.38$0.123.17$7.38
$6.50$7.00Aug 21$0.38$0.38$0.123.17$6.88
$7.00$7.50Sep 4$0.35$0.35$0.152.33$7.35
$6.50$7.00Aug 14$0.32$0.32$0.181.78$6.82
$7.00$7.50Aug 21$0.32$0.32$0.181.78$7.32
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.00Sep 18$0.81$0.81$0.194.26$8.19
$8.50$8.00Aug 21$0.40$0.40$0.104.00$8.10
$8.00$7.50Aug 7$0.32$0.32$0.181.78$7.68
$8.00$7.50Sep 11$0.32$0.32$0.181.78$7.68
$8.00$7.50Aug 14$0.30$0.30$0.201.50$7.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.10, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 7Aug 14$0.05782.3%76.2%
$7.00Aug 7Aug 14$0.08732.0%73.3%
$8.00Aug 7Aug 14$0.10423.2%59.3%
$7.50Aug 7Aug 14$0.17283.6%59.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Aug 7Aug 14$0.05732.0%73.3%
$8.00Aug 7Aug 14$0.13423.2%59.3%
$7.50Aug 7Aug 14$0.15283.6%59.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 35 found (cheapest 2.73% of stock, avg 13.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.18$0.03$0.21$7.29$7.712.73%
$8.00Aug 7$0.03$0.35$0.38$7.62$8.384.95%
$7.50Aug 14$0.35$0.18$0.53$6.97$8.036.90%
$8.00Aug 14$0.13$0.48$0.61$7.39$8.617.94%
$7.00Aug 7$0.65$0.03$0.68$6.32$7.688.85%
$7.50Aug 21$0.45$0.25$0.70$6.80$8.209.11%
$8.00Aug 21$0.23$0.55$0.78$7.22$8.7810.16%
$7.00Aug 14$0.73$0.08$0.81$6.19$7.8110.55%
$7.50Aug 28$0.53$0.33$0.86$6.64$8.3611.20%
$7.00Aug 21$0.77$0.10$0.87$6.13$7.8711.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 56 found (cheapest 0.78% of stock, avg 4.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.00$7.50Aug 7$0.03$0.03$0.06$7.44$8.06
$8.00$7.00Aug 7$0.03$0.03$0.06$6.94$8.06
$8.00$6.50Aug 7$0.03$0.03$0.06$6.44$8.06
$8.50$7.50Aug 7$0.03$0.03$0.06$7.44$8.56
$8.50$7.00Aug 7$0.03$0.03$0.06$6.94$8.56
$8.50$6.50Aug 7$0.03$0.03$0.06$6.44$8.56
$9.00$7.50Aug 7$0.03$0.03$0.06$7.44$9.06
$9.00$7.00Aug 7$0.03$0.03$0.06$6.94$9.06
$9.00$6.50Aug 7$0.03$0.03$0.06$6.44$9.06
$9.00$6.50Aug 14$0.03$0.03$0.06$6.44$9.06

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 2.85, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/88/9Sep 4$0.37$0.132.85$7.63$8.87
7/88/9Sep 4$0.31$0.191.63$7.19$8.81
6/78/8Sep 11$0.30$0.201.50$6.70$8.30
7/88/8Aug 28$0.27$0.231.17$7.23$8.27
6/78/8Sep 11$0.20$0.300.67$6.80$7.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 7$0.06$0.447.33
$6.50$7.00$7.50Aug 21$0.06$0.447.33
$7.00$7.50$8.00Aug 28$0.07$0.436.14
$7.50$8.00$8.50Sep 4$0.08$0.425.25
$7.00$7.50$8.00Aug 21$0.10$0.404.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 28$0.05$0.459.00
$7.00$7.50$8.00Sep 4$0.06$0.447.33
$6.50$7.00$7.50Aug 21$0.08$0.425.25
$7.00$7.50$8.00Sep 11$0.09$0.414.56
$7.50$8.00$8.50Aug 21$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. 33 found (best net $-0.05, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$9.001:2Aug 21-$0.05$0.45
$8.00$8.501:2Aug 28-$0.06$0.44
$8.00$8.501:2Aug 21-$0.07$0.43
$7.50$8.001:2Aug 28-$0.07$0.43
$8.50$9.001:2Sep 11-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.501:2Aug 28-$0.06$0.44
$8.50$8.001:2Aug 21-$0.15$0.35
$8.00$7.501:2Sep 4-$0.16$0.34
$8.00$7.501:2Sep 11-$0.16$0.34
$8.50$8.001:2Aug 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. 13 found (best yield 5.21%, avg 2.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.400.454.2%5.21%9.38%4643.8K
$8.00Sep 4$0.300.414.2%3.91%8.07%19122
$8.00Sep 11$0.300.434.2%3.91%8.07%364
$8.00Aug 28$0.250.414.2%3.26%7.42%15419
$8.00Aug 21$0.200.394.2%2.60%6.77%9.6K42.5K
$9.00Sep 18$0.200.2517.2%2.60%19.79%3042.7K
$8.50Aug 28$0.150.2710.7%1.95%12.63%80289
$8.50Sep 4$0.150.3010.7%1.95%12.63%10190
$8.50Sep 11$0.150.3010.7%1.95%12.63%4724
$8.00Aug 14$0.100.324.2%1.30%5.47%1.2K3.1K

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 29,998
Total Puts 15,661
Put/Call Ratio 0.52
Net Difference 14,337

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 79,568
Total Puts 30,451
Average Put/Call Ratio 0.37
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