Tour v526
WEN
WENDYS CO A
$7.88 -4.37%
$7.87 (-0.15%)🌙
as of 09/03 07:11 PM
9/3 19:11

Option Volume

Detail
Current (09/03) 9,781
Calls: 6,166 (63%)
Puts: 3,615 (37%)
Prior (09/02) 4,288
Calls: 2,858 (67%)
Puts: 1,430 (33%)
Current vs Prior +128.10%
Calls: +115.75% (Calls)
Puts: +152.80% (Puts)
Prior 7-Day Total 101,060
Calls: 79,546 (79%)
Puts: 21,514 (21%)
Prior 7-Day Average 14,437
Calls: 11,363 (79%)
Puts: 3,073 (21%)
Current vs Prior 7-Day Avg -32.25%
Calls: -45.74%
Puts: +17.62%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03) $1.60M
Calls: $547.3K (34%)
Puts: $1.06M (66%)
Prior (09/02) $262.7K
Calls: $174.2K (66%)
Puts: $88.5K (34%)
Current vs Prior +510.17%
Calls: +214.22%
Puts: +1092.46%
Prior 7-Day Total $8.04M
Calls: $6.25M (78%)
Puts: $1.79M (22%)
Prior 7-Day Average $1.15M
Calls: $892.5K (78%)
Puts: $255.3K (22%)
Current vs Prior 7-Day Avg +39.66%
Calls: -38.68%
Puts: +313.45%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03) 0.59
Prior (09/02) 0.50
Current vs Prior +17.17%
Prior 7-Day Average 0.29
Current vs Prior 7-Day Avg +99.16%
Sentiment BULLISH

Open Interest

Detail
Current (09/03) 226,856
Calls: 196,463 (87%)
Puts: 30,393 (13%)
Prior (09/02) 238,487
Calls: 205,767 (86%)
Puts: 32,720 (14%)
Current vs Prior -4.88%
Prior 7-Day Total 1,842,503
Calls: 1,623,497 (88%)
Puts: 219,006 (12%)
Prior 7-Day Average 263,214
Calls: 231,928 (88%)
Puts: 31,286 (12%)
Current vs Prior 7-Day Avg -13.81%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.54% | 4.44%6.60% | 11.80%
Prior 3.03% | 5.22%6.80% | 12.86%
Current vs Prior -16.35% | -14.89%-2.90% | -8.26%
Prior 7-Day Avg 4.25% | 6.28%8.53% | 13.01%
Current vs 7-Day Avg -40.25% | -29.29%-22.67% | -9.25%
Prior 7-Day Eod 3.03% | 5.22%6.80% | 12.86%
Current vs 7-Day Eod -16.35% | -14.89%-2.90% | -8.26%
Sentiment BULLISHBULLISH

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 76.52% | 32.77%
Calls: 85.58% | 29.81%
Puts: 67.46% | 35.71%
Current vs 7-Day Avg +5.28% | -14.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($1.06M). Massive premium surge with dollar volume up 510% vs prior. Unusually high activity with volume up 128% vs prior - elevated interest. Bullish P/C ratio of 0.59.

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. 2 found (avg $0.65, cheapest $0.32)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Oct 160.901.05$0.9815.3%90.8480
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.300.35$0.3215.6%690.562.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 23 found (avg delta 0.76, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Sep 40.801.50$1.1560.9%60.951
$7.00Sep 40.301.35$0.83126.5%10.93--
$7.00Sep 180.751.00$0.8828.4%30.93717
$7.00Sep 250.701.15$0.9348.4%70.8964
$7.50Sep 40.250.70$0.4893.7%790.8823
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 40.450.80$0.6355.6%1060.93591
$9.00Sep 181.051.25$1.1517.4%180.921.0K
$9.00Sep 111.001.25$1.1322.1%10.88--
$8.50Sep 110.550.70$0.6323.8%140.8469
$8.50Sep 180.600.75$0.6822.1%100.83--

Most actively traded options today. High liquidity = easy entry/exit. 55 active (total vol 3.8K, top 679)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 110.100.15$0.1338.5%6790.41567
$8.00Sep 40.000.10$0.05200.0%5120.35208
$9.00Sep 180.000.05$0.03166.7%1540.0824.8K
$8.00Oct 160.350.45$0.4025.0%1440.483.3K
$8.00Sep 180.150.25$0.2050.0%1220.435.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Oct 20.100.25$0.1883.3%5440.30200
$8.00Sep 40.100.20$0.1566.7%2230.701.5K
$8.00Sep 110.150.30$0.2268.2%1390.59266
$8.50Sep 40.450.80$0.6355.6%1060.93591
$7.50Sep 110.000.15$0.08187.5%760.23170

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 23.5%, max 23.5%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Sep 4Oct 1654.2%43.9%23.5%6563.5K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Sep 4Oct 1654.2%43.9%23.5%2691.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 0.56, avg 1.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$6.50$7.00Sep 4$0.32$0.18$0.3295%0.56$6.82
$7.00$8.00Oct 16$0.58$0.42$0.5884%0.72$7.58
$8.00$8.50Sep 25$0.10$0.40$0.1045%4.00$8.10
$7.50$8.00Sep 11$0.27$0.23$0.2778%0.85$7.77
$7.50$8.00Oct 2$0.27$0.23$0.2770%0.85$7.77
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$7.50Sep 11$0.14$0.36$0.1459%2.57$7.86
$8.00$7.50Sep 4$0.12$0.38$0.1270%3.17$7.88
$8.50$8.00Oct 9$0.30$0.20$0.3069%0.67$8.20
$8.00$7.50Oct 2$0.22$0.28$0.2252%1.27$7.78
$8.00$7.50Sep 18$0.22$0.28$0.2256%1.27$7.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 0.52, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$8.50Sep 18$0.15$0.15$0.3557%0.43$8.15
$8.50$9.00Oct 9$0.10$0.10$0.4069%0.25$8.60
$8.00$9.00Oct 16$0.27$0.27$0.7352%0.37$8.27
$8.00$8.50Oct 2$0.15$0.15$0.3552%0.43$8.15
$8.00$8.50Sep 25$0.10$0.10$0.4055%0.25$8.10
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$7.00Oct 9$0.17$0.17$0.3366%0.52$7.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.08, cheapest $0.08)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Sep 4Sep 11$0.0854.2%37.1%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 2.54% of stock, avg 8.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Sep 4$0.05$0.15$0.20$7.80$8.202.54%
$8.00Sep 11$0.13$0.22$0.35$7.65$8.354.44%
$7.50Sep 11$0.40$0.08$0.48$7.02$7.986.09%
$7.50Sep 4$0.48$0.03$0.51$6.99$8.016.47%
$8.00Sep 18$0.20$0.32$0.52$7.48$8.526.60%
$7.50Sep 18$0.53$0.10$0.63$6.87$8.137.99%
$8.00Sep 25$0.25$0.38$0.63$7.37$8.637.99%
$8.50Sep 4$0.03$0.63$0.66$7.84$9.168.38%
$8.50Sep 11$0.05$0.63$0.68$7.82$9.188.63%
$8.50Sep 18$0.05$0.68$0.73$7.77$9.239.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 36 found (cheapest 0.76% of stock, avg 2.76%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Sep 18$0.03$0.03$0.06$6.94$9.06
$8.50$7.50Sep 4$0.03$0.03$0.06$7.44$8.56
$9.00$7.50Sep 4$0.03$0.03$0.06$7.44$9.06
$9.00$7.00Sep 11$0.05$0.03$0.08$6.92$9.08
$8.50$7.00Sep 18$0.05$0.03$0.08$6.92$8.58
$8.50$7.00Sep 11$0.05$0.03$0.08$6.92$8.58
$9.00$7.00Sep 25$0.05$0.05$0.10$6.90$9.10
$8.00$7.50Sep 4$0.05$0.03$0.08$7.42$8.08
$9.00$6.50Sep 18$0.03$0.10$0.13$6.37$9.13
$8.50$7.50Sep 11$0.05$0.08$0.13$7.37$8.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.17, avg credit $0.27)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
7/88/9Oct 9$0.27$0.2336%1.17$7.23$8.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 2.23, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Oct 16$0.31$0.6964%2.23
$8.00$8.50$9.00Oct 2$0.05$0.4533%9.00
$7.50$8.00$8.50Sep 11$0.19$0.3161%1.63
$7.50$8.00$8.50Sep 18$0.18$0.3258%1.78
$7.50$8.00$8.50Oct 2$0.12$0.3840%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Sep 11$0.09$0.4151%4.56
$7.50$8.00$8.50Oct 9$0.05$0.4535%9.00
$7.50$8.00$8.50Sep 18$0.14$0.3658%2.57
$7.00$7.50$8.00Oct 9$0.08$0.4237%5.25
$7.00$7.50$8.00Sep 18$0.15$0.3549%2.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-0.13, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$7.501:2Sep 4-$0.13$0.37
$7.00$7.501:2Sep 18-$0.18$0.32
$7.50$8.001:2Oct 2-$0.06$0.44
$8.50$9.001:2Sep 11-$0.05$0.45
$7.00$8.001:2Oct 16$0.18$0.82
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Sep 11-$0.13$0.37
$9.00$8.501:2Sep 18-$0.21$0.29
$8.50$8.001:2Oct 9-$0.20$0.30
$7.00$6.501:2Sep 25-$0.15$0.35
$7.00$6.501:2Sep 18-$0.17$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 4.44%, avg 2.08%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Oct 16$0.350.481.5%4.44%5.96%1443.3K
$9.00Oct 16$0.100.2014.2%1.27%15.48%831.5K
$8.50Oct 9$0.100.317.9%1.27%9.14%4--
$8.00Oct 2$0.200.481.5%2.54%4.06%11117
$8.00Sep 25$0.150.451.5%1.90%3.43%59363
$8.00Sep 18$0.150.431.5%1.90%3.43%1225.2K
$8.00Sep 11$0.100.411.5%1.27%2.79%679567

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 6,166
Total Puts 3,615
Put/Call Ratio 0.59
Net Difference 2,551

Prior's Put/Call Breakdown

Total Calls 2,858
Total Puts 1,430
Put/Call Ratio 0.50
Net Difference 1,428

Prior 7-Day Put/Call Summary

Total Calls 79,546
Total Puts 21,514
Average Put/Call Ratio 0.29
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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