Tour v527
WEN
WENDYS CO A
$7.63 +2.55%
$7.62 (-0.13%)🌙
as of 09/11 07:11 PM
9/11 19:11

Option Volume

Detail
Current (09/11) 6,478
Calls: 3,613 (56%)
Puts: 2,865 (44%)
Prior (09/10) 15,873
Calls: 14,857 (94%)
Puts: 1,016 (6%)
Current vs Prior -59.19%
Calls: -75.68% (Calls)
Puts: +181.99% (Puts)
Prior 7-Day Total 65,643
Calls: 48,125 (73%)
Puts: 17,518 (27%)
Prior 7-Day Average 9,377
Calls: 6,875 (73%)
Puts: 2,502 (27%)
Current vs Prior 7-Day Avg -30.92%
Calls: -47.45%
Puts: +14.48%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/11) $1.87M
Calls: $208.4K (11%)
Puts: $1.66M (89%)
Prior (09/10) $544.4K
Calls: $506.4K (93%)
Puts: $38.0K (7%)
Current vs Prior +243.54%
Calls: -58.86%
Puts: +4275.39%
Prior 7-Day Total $4.27M
Calls: $2.38M (56%)
Puts: $1.89M (44%)
Prior 7-Day Average $610.6K
Calls: $340.5K (56%)
Puts: $270.1K (44%)
Current vs Prior 7-Day Avg +206.29%
Calls: -38.81%
Puts: +515.34%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/11) 0.79
Prior (09/10) 0.07
Current vs Prior +1059.56%
Prior 7-Day Average 0.44
Current vs Prior 7-Day Avg +80.94%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/11) 187,567
Calls: 163,448 (87%)
Puts: 24,119 (13%)
Prior (09/10) 221,334
Calls: 200,724 (91%)
Puts: 20,610 (9%)
Current vs Prior -15.26%
Prior 7-Day Total 1,562,536
Calls: 1,380,581 (88%)
Puts: 181,955 (12%)
Prior 7-Day Average 223,219
Calls: 197,225 (88%)
Puts: 25,993 (12%)
Current vs Prior 7-Day Avg -15.97%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 2.36% | 4.59%4.59% | 11.14%
Prior 2.82% | 5.11%5.11% | 12.23%
Current vs Prior +62.52% | +18.04%-10.19% | -8.92%
Prior 7-Day Avg 3.31% | 5.45%6.28% | 12.07%
Current vs 7-Day Avg +38.46% | +10.64%-26.91% | -7.71%
Prior 7-Day Eod 2.82% | 5.11%5.11% | 12.23%
Current vs 7-Day Eod +62.52% | +18.04%-10.19% | -8.92%
Sentiment BEARISHBULLISH

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 80.56% | 28.18%
Calls: 111.11% | 27.78%
Puts: 50.00% | 28.57%
Current vs 7-Day Avg -0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 89% of dollar volume in puts ($1.66M) vs calls ($208.4K). Massive premium surge with dollar volume up 244% vs prior. Dollar volume significantly above 7-day average (206% higher). Below-average activity with volume down 59% vs prior.

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 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 $0.77, cheapest $0.60)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Oct 160.550.65$0.6016.7%190.62361
$8.50Oct 20.851.00$0.9316.1%90.8885

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 21 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Sep 110.651.50$1.0878.7%91.008
$7.00Sep 180.350.70$0.5267.3%140.91748
$7.00Sep 250.550.95$0.7553.3%10.88143
$7.00Sep 110.550.85$0.7042.9%810.83112
$7.50Sep 110.050.25$0.15133.3%1640.79153
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 181.151.55$1.3529.6%1170.93--
$8.50Sep 110.701.20$0.9552.6%120.9030
$8.50Oct 20.851.00$0.9316.1%90.8885
$8.00Sep 110.300.45$0.3839.5%720.85192
$8.00Sep 180.400.50$0.4522.2%240.802.1K

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 2.6K, top 332)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.000.10$0.05200.0%3320.215.4K
$8.00Sep 250.100.15$0.1338.5%3060.30442
$7.50Sep 250.200.35$0.2853.6%3040.59538
$8.00Oct 160.200.30$0.2540.0%1710.383.6K
$7.50Sep 110.050.25$0.15133.3%1640.79153
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 250.000.10$0.05200.0%1360.151.1K
$7.50Sep 250.100.25$0.1883.3%1230.42503
$9.00Sep 181.151.55$1.3529.6%1170.93--
$8.00Sep 110.300.45$0.3839.5%720.85192
$7.50Sep 110.000.05$0.03166.7%640.21942

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 1230.8%, max 2599.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Sep 11Oct 231266.4%46.9%2599.7%86117
$7.50Sep 11Oct 9288.8%41.4%597.2%171215
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Sep 11Oct 23587.9%45.2%1199.7%88201
$7.50Sep 11Oct 23288.8%46.1%526.7%71965

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 0.85, avg 1.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$7.50Sep 18$0.27$0.23$0.2790%0.85$7.27
$7.00$8.00Oct 16$0.50$0.50$0.5076%1.00$7.50
$7.50$8.00Sep 25$0.15$0.35$0.1559%2.33$7.65
$7.50$8.00Sep 11$0.12$0.38$0.1279%3.17$7.62
$7.50$8.00Oct 9$0.22$0.28$0.2259%1.27$7.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$7.50Sep 25$0.25$0.25$0.2570%1.00$7.75
$8.00$7.50Oct 23$0.25$0.25$0.2560%1.00$7.75
$7.50$7.00Sep 25$0.13$0.37$0.1342%2.85$7.37
$7.50$7.00Oct 2$0.15$0.35$0.1540%2.33$7.35
$8.00$7.50Oct 2$0.30$0.20$0.3066%0.67$7.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 7 found (best R:R 0.43, avg 0.38)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$8.50Oct 2$0.13$0.13$0.3765%0.35$8.13
$8.00$8.50Oct 9$0.13$0.13$0.3762%0.35$8.13
$8.00$9.00Oct 16$0.17$0.17$0.8362%0.20$8.17
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$6.50Oct 23$0.30$0.30$0.7056%0.43$7.20
$7.50$7.00Oct 9$0.18$0.18$0.3259%0.56$7.32
$7.50$7.00Sep 25$0.13$0.13$0.3758%0.35$7.37
$7.50$7.00Oct 2$0.15$0.15$0.3560%0.43$7.35

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. 14 found (cheapest 2.36% of stock, avg 7.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Sep 11$0.15$0.03$0.18$7.32$7.682.36%
$7.50Sep 18$0.25$0.10$0.35$7.15$7.854.59%
$8.00Sep 11$0.03$0.38$0.41$7.59$8.415.37%
$7.50Sep 25$0.28$0.18$0.46$7.04$7.966.03%
$8.00Sep 18$0.05$0.45$0.50$7.50$8.506.55%
$7.00Sep 18$0.52$0.03$0.55$6.45$7.557.21%
$8.00Sep 25$0.13$0.43$0.56$7.44$8.567.34%
$7.50Oct 2$0.43$0.25$0.68$6.82$8.188.91%
$8.00Oct 2$0.18$0.55$0.73$7.27$8.739.57%
$7.50Oct 9$0.45$0.28$0.73$6.77$8.239.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 30 found (cheapest 0.79% of stock, avg 3.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$7.00Sep 18$0.03$0.03$0.06$6.94$8.56
$9.00$7.00Sep 18$0.03$0.03$0.06$6.94$9.06
$8.00$7.50Sep 11$0.03$0.03$0.06$7.44$8.06
$8.50$7.50Sep 11$0.03$0.03$0.06$7.44$8.56
$8.00$7.00Sep 18$0.05$0.03$0.08$6.92$8.08
$8.50$7.00Sep 25$0.05$0.05$0.10$6.90$8.60
$8.50$7.00Oct 2$0.05$0.10$0.15$6.85$8.65
$8.00$7.50Sep 18$0.05$0.10$0.15$7.35$8.15
$8.50$7.50Sep 18$0.03$0.10$0.13$7.37$8.63
$9.00$7.50Sep 18$0.03$0.10$0.13$7.37$9.13

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. 17 found (best R:R 6.14, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Sep 18$0.07$0.4369%6.14
$7.50$8.00$8.50Sep 11$0.12$0.3870%3.17
$7.00$8.00$9.00Oct 16$0.33$0.6762%2.03
$7.50$8.00$8.50Sep 25$0.07$0.4345%6.14
$7.50$8.00$8.50Oct 9$0.09$0.4139%4.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Oct 2$0.08$0.4247%5.25
$7.00$7.50$8.00Sep 25$0.12$0.3855%3.17
$7.50$8.00$8.50Sep 11$0.22$0.2869%1.27
$7.00$7.50$8.00Oct 2$0.15$0.3546%2.33
$7.00$7.50$8.00Oct 9$0.14$0.3643%2.57

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 25 found (best net $-0.17, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$7.001:2Sep 11-$0.32$0.18
$8.50$9.001:2Oct 23-$0.07$0.43
$8.50$9.001:2Oct 2-$0.11$0.39
$7.00$8.001:2Oct 16$0.25$0.75
$7.00$7.501:2Sep 25$0.19$0.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$8.001:2Oct 2-$0.17$0.33
$8.00$7.501:2Oct 23-$0.18$0.32
$7.00$6.501:2Oct 9-$0.06$0.44
$9.00$8.001:2Sep 18$0.45$0.55
$8.50$8.001:2Sep 11$0.19$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 2.62%, avg 1.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Oct 9$0.200.384.8%2.62%7.47%14206
$8.00Oct 16$0.200.384.8%2.62%7.47%1713.6K
$8.50Oct 23$0.100.2211.4%1.31%12.71%1323
$8.00Oct 2$0.100.354.8%1.31%6.16%37144
$8.00Sep 25$0.100.304.8%1.31%6.16%306442

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 3,613
Total Puts 2,865
Put/Call Ratio 0.79
Net Difference 748

Prior's Put/Call Breakdown

Total Calls 14,857
Total Puts 1,016
Put/Call Ratio 0.07
Net Difference 13,841

Prior 7-Day Put/Call Summary

Total Calls 48,125
Total Puts 17,518
Average Put/Call Ratio 0.44
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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