Tour v526
WEN
WENDYS CO A
$8.27 +0.49%
$8.24 (-0.36%)🌙
as of 09/01 07:15 PM
9/1 19:15

Option Volume

Detail
Current (09/01) 7,405
Calls: 5,146 (69%)
Puts: 2,259 (31%)
Prior (08/31) 12,480
Calls: 10,950 (88%)
Puts: 1,530 (12%)
Current vs Prior -40.67%
Calls: -53.00% (Calls)
Puts: +47.65% (Puts)
Prior 7-Day Total 148,031
Calls: 123,307 (83%)
Puts: 24,724 (17%)
Prior 7-Day Average 21,147
Calls: 17,615 (83%)
Puts: 3,532 (17%)
Current vs Prior 7-Day Avg -64.98%
Calls: -70.79%
Puts: -36.04%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/01) $478.4K
Calls: $229.0K (48%)
Puts: $249.4K (52%)
Prior (08/31) $810.2K
Calls: $714.1K (88%)
Puts: $96.1K (12%)
Current vs Prior -40.96%
Calls: -67.93%
Puts: +159.41%
Prior 7-Day Total $11.91M
Calls: $9.91M (83%)
Puts: $2.01M (17%)
Prior 7-Day Average $1.70M
Calls: $1.42M (83%)
Puts: $286.8K (17%)
Current vs Prior 7-Day Avg -71.89%
Calls: -83.82%
Puts: -13.05%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/01) 0.44
Prior (08/31) 0.14
Current vs Prior +214.17%
Prior 7-Day Average 0.20
Current vs Prior 7-Day Avg +119.47%
Sentiment BULLISH

Open Interest

Detail
Current (09/01) 260,226
Calls: 234,266 (90%)
Puts: 25,960 (10%)
Prior (08/31) 250,475
Calls: 224,788 (90%)
Puts: 25,687 (10%)
Current vs Prior +3.89%
Prior 7-Day Total 2,140,563
Calls: 1,801,802 (84%)
Puts: 338,761 (16%)
Prior 7-Day Average 305,794
Calls: 257,400 (84%)
Puts: 48,394 (16%)
Current vs Prior 7-Day Avg -14.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 4.59% | 6.17%8.22% | 11.85%
Prior 5.54% | 6.39%7.83% | 11.20%
Current vs Prior -17.09% | -3.42%+5.00% | +5.76%
Prior 7-Day Avg 4.58% | 6.90%7.30% | 12.52%
Current vs 7-Day Avg +0.28% | -10.61%+12.56% | -5.36%
Prior 7-Day Eod 5.54% | 6.39%7.83% | 11.20%
Current vs 7-Day Eod -17.09% | -3.42%+5.00% | +5.76%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 80.56% | 28.18%
Calls: 111.11% | 27.78%
Puts: 50.00% | 28.57%
Prior 80.56% | 28.18%
Calls: 111.11% | 27.78%
Puts: 50.00% | 28.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 72.48% | 37.35%
Calls: 60.04% | 31.84%
Puts: 84.92% | 42.86%
Current vs 7-Day Avg +11.15% | -24.55%
Liquidity Expensive
+
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🤖 AI Insights

Below-average activity with volume down 41% vs prior. Extreme bullish P/C ratio of 0.44 - heavy call buying (5,146 calls vs 2,259 puts). P/C ratio rising 214% - increased hedging/bearish positioning. Call-heavy open interest (234,266 calls vs 25,960 puts) suggests bullish positioning.

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.77, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 111.151.35$1.2516.0%60.95--
$7.00Sep 41.001.65$1.3348.9%60.9420
$7.50Sep 110.501.10$0.8075.0%20.94--
$7.00Sep 181.251.45$1.3514.8%50.93--
$7.50Sep 40.401.15$0.7797.4%70.917
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Sep 40.651.75$1.2091.7%20.91--
$9.00Sep 40.551.15$0.8570.6%1650.89--
$9.00Sep 180.600.90$0.7540.0%3220.811.1K
$9.00Sep 250.651.05$0.8547.1%10.74--
$9.00Oct 90.751.10$0.9337.6%10.71--

Most actively traded options today. High liquidity = easy entry/exit. 56 active (total vol 4.2K, top 748)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 40.050.10$0.0862.5%7480.302.9K
$8.50Sep 110.100.15$0.1338.5%5430.341.2K
$9.00Oct 160.200.30$0.2540.0%5120.321.3K
$8.00Sep 40.250.40$0.3345.5%2310.84271
$9.00Sep 180.050.10$0.0862.5%1770.1824.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 180.600.90$0.7540.0%3220.811.1K
$9.00Sep 40.551.15$0.8570.6%1650.89--
$8.00Sep 40.000.05$0.03166.7%1310.161.5K
$8.00Sep 180.100.20$0.1566.7%720.352.0K
$8.50Sep 40.200.40$0.3066.7%670.70560

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 24.6%, max 27.8%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Sep 4Oct 255.0%45.2%21.5%8063.0K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Sep 4Oct 955.0%43.0%27.8%71620

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 3.55, avg 1.56)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$9.00Oct 2$0.11$0.39$0.1144%3.55$8.61
$8.00$8.50Sep 25$0.20$0.30$0.2063%1.50$8.20
$8.00$9.00Oct 16$0.38$0.62$0.3861%1.63$8.38
$7.50$8.00Oct 2$0.33$0.17$0.3380%0.52$7.83
$8.00$8.50Sep 4$0.25$0.25$0.2584%1.00$8.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$8.00Sep 18$0.60$0.40$0.6081%0.67$8.40
$9.00$8.50Sep 25$0.32$0.18$0.3274%0.56$8.68
$8.00$7.50Sep 25$0.12$0.38$0.1237%3.17$7.88
$9.00$8.50Oct 9$0.33$0.17$0.3371%0.52$8.67
$8.00$7.50Oct 9$0.15$0.35$0.1540%2.33$7.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 0.37, avg 0.36)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Oct 2$0.12$0.12$0.3869%0.32$9.12
$8.50$9.00Sep 18$0.12$0.12$0.3862%0.32$8.62
$8.50$9.00Sep 25$0.15$0.15$0.3557%0.43$8.65
$8.50$9.00Oct 2$0.11$0.11$0.3956%0.28$8.61
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Oct 16$0.27$0.27$0.7361%0.37$7.73
$8.00$7.50Oct 2$0.15$0.15$0.3562%0.43$7.85
$8.00$7.50Oct 9$0.15$0.15$0.3560%0.43$7.85
$8.00$7.50Sep 25$0.12$0.12$0.3863%0.32$7.88

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 4.35% of stock, avg 9.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Sep 4$0.33$0.03$0.36$7.64$8.364.35%
$8.50Sep 4$0.08$0.30$0.38$8.12$8.884.59%
$8.00Sep 11$0.40$0.10$0.50$7.50$8.506.05%
$8.50Sep 11$0.13$0.38$0.51$7.99$9.016.17%
$8.00Sep 18$0.45$0.15$0.60$7.40$8.607.26%
$8.00Sep 25$0.50$0.25$0.75$7.25$8.759.07%
$9.00Sep 18$0.08$0.75$0.83$8.17$9.8310.04%
$8.50Sep 25$0.30$0.53$0.83$7.67$9.3310.04%
$7.50Sep 18$0.80$0.05$0.85$6.65$8.3510.28%
$9.00Sep 4$0.03$0.85$0.88$8.12$9.8810.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 34 found (cheapest 0.73% of stock, avg 3.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$8.00Sep 4$0.03$0.03$0.06$7.94$9.06
$9.50$8.00Sep 4$0.03$0.03$0.06$7.94$9.56
$9.50$7.00Sep 18$0.05$0.05$0.10$6.90$9.60
$9.50$7.50Sep 18$0.05$0.05$0.10$7.40$9.60
$8.50$8.00Sep 4$0.08$0.03$0.11$7.89$8.61
$9.00$7.50Sep 18$0.08$0.05$0.13$7.37$9.13
$9.00$7.00Sep 18$0.08$0.05$0.13$6.87$9.13
$9.50$8.00Sep 11$0.03$0.10$0.13$7.87$9.63
$9.50$7.00Oct 2$0.10$0.08$0.18$6.82$9.68
$9.50$7.50Sep 25$0.05$0.13$0.18$7.32$9.68

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 4.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Sep 18$0.10$0.4053%4.00
$8.00$8.50$9.00Sep 4$0.20$0.3073%1.50
$7.50$8.00$8.50Sep 11$0.13$0.3759%2.85
$8.00$8.50$9.00Sep 25$0.05$0.4537%9.00
$7.50$8.00$8.50Oct 2$0.06$0.4436%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Oct 9$0.06$0.4431%7.33
$8.00$8.50$9.00Sep 4$0.28$0.2273%0.79
$7.50$8.00$8.50Oct 2$0.12$0.3836%3.17
$7.50$8.00$8.50Oct 9$0.12$0.3833%3.17
$7.00$7.50$8.00Oct 2$0.10$0.4026%4.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-0.10, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.001:2Sep 18-$0.10$0.40
$7.00$7.501:2Sep 4-$0.21$0.29
$7.00$7.501:2Sep 18-$0.25$0.25
$8.00$8.501:2Oct 2-$0.06$0.44
$8.00$8.501:2Sep 25-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$8.001:2Oct 9-$0.06$0.44
$9.00$8.501:2Sep 25-$0.21$0.29
$9.00$8.501:2Oct 9-$0.27$0.23
$7.50$7.001:2Sep 18-$0.05$0.45
$9.00$8.501:2Sep 4$0.25$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 2.42%, avg 1.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Oct 16$0.200.328.8%2.42%11.25%5121.3K
$9.00Oct 2$0.150.318.8%1.81%10.64%73540
$8.50Sep 25$0.200.432.8%2.42%5.20%11448
$8.50Oct 2$0.200.432.8%2.42%5.20%58105
$9.00Sep 25$0.100.268.8%1.21%10.04%127482
$8.50Sep 18$0.150.382.8%1.81%4.59%147452
$8.50Sep 11$0.100.342.8%1.21%3.99%5431.2K

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 5,146
Total Puts 2,259
Put/Call Ratio 0.44
Net Difference 2,887

Prior's Put/Call Breakdown

Total Calls 10,950
Total Puts 1,530
Put/Call Ratio 0.14
Net Difference 9,420

Prior 7-Day Put/Call Summary

Total Calls 123,307
Total Puts 24,724
Average Put/Call Ratio 0.20
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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