Tour v494
WEN
WENDYS CO A
$7.45 +0.81%
8/7 09:45

Option Volume

Detail
Current (08/07 9:45am) 17,365
Calls: 11,446 (66%)
Puts: 5,919 (34%)
Prior (06/24) 49,651
Calls: 44,206 (89%)
Puts: 5,445 (11%)
Current vs Prior -65.03%
Calls: -74.11% (Calls)
Puts: +8.71% (Puts)
Prior 7-Day Total 422,841
Calls: 315,368 (75%)
Puts: 107,473 (25%)
Prior 7-Day Average 60,405
Calls: 45,052 (75%)
Puts: 15,353 (25%)
Current vs Prior 7-Day Avg -71.25%
Calls: -74.59%
Puts: -61.45%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/07 9:45am) $413.5K
Calls: $320.0K (77%)
Puts: $93.5K (23%)
Prior (06/24) $6.68M
Calls: $6.21M (93%)
Puts: $469.8K (7%)
Current vs Prior -93.81%
Calls: -94.85%
Puts: -80.10%
Prior 7-Day Total $28.40M
Calls: $24.13M (85%)
Puts: $4.26M (15%)
Prior 7-Day Average $4.06M
Calls: $3.45M (85%)
Puts: $609.3K (15%)
Current vs Prior 7-Day Avg -89.81%
Calls: -90.72%
Puts: -84.65%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07 9:45am) 0.52
Prior (06/24) 0.12
Current vs Prior +319.83%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg -40.28%
Sentiment BULLISH

Open Interest

Detail
Current (08/07 9:45am) 604,511
Calls: 387,856 (64%)
Puts: 216,655 (36%)
Prior (06/24) 446,823
Calls: 218,156 (49%)
Puts: 228,667 (51%)
Current vs Prior +35.29%
Prior 7-Day Total 3,440,503
Calls: 1,966,271 (57%)
Puts: 1,474,232 (43%)
Prior 7-Day Average 491,500
Calls: 280,895 (57%)
Puts: 210,604 (43%)
Current vs Prior 7-Day Avg +22.99%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.76% | 7.52%9.53% | 15.57%
Prior 8.71% | 11.35%13.46% | 17.94%
Current vs Prior -56.84% | -33.75%-29.18% | -13.22%
Prior 7-Day Avg 8.08% | 11.72%13.46% | 17.94%
Current vs 7-Day Avg -53.49% | -35.88%-29.18% | -13.22%
Prior 7-Day Eod 8.71% | 11.35%12.86% | 15.70%
Current vs 7-Day Eod -56.84% | -33.75%-25.87% | -0.81%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 50.48% | 59.91%
Calls: 38.46% | 48.39%
Puts: 62.50% | 71.43%
Prior 28.66% | 35.36%
Calls: 39.47% | 31.25%
Puts: 17.86% | 39.47%
Current vs Prior +76.13% | +69.43%
Prior 7-Day Avg 33.28% | 37.74%
Calls: 34.22% | 25.72%
Puts: 33.48% | 39.90%
Current vs 7-Day Avg +51.68% | +58.75%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($320.0K) vs puts ($93.5K). Light premium activity with dollar volume down 94% vs prior. Below-average activity with volume down 65% vs prior. Bullish P/C ratio of 0.52.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 $0.66, cheapest $0.55)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 140.500.60$0.5518.2%170.78165
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.700.85$0.7719.5%20.666.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 32 found (avg delta 0.75, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 70.802.15$1.4891.2%--0.9545
$6.50Aug 140.351.30$0.83114.5%750.9314
$6.50Aug 70.801.60$1.2066.7%530.9395
$6.50Sep 40.501.60$1.05104.8%--0.9142
$6.00Aug 211.351.65$1.5020.0%500.913.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.701.35$1.0263.7%40.93116
$8.00Aug 70.400.60$0.5040.0%370.90281
$8.50Aug 140.801.25$1.0244.1%--0.8241
$8.50Aug 280.901.55$1.2352.8%--0.7881
$8.50Aug 211.001.25$1.1322.1%60.7778

Most actively traded options today. High liquidity = easy entry/exit. 44 active (total vol 15.1K, top 6.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.200.25$0.2321.7%6.8K0.3442.5K
$7.50Aug 70.100.15$0.1338.5%7920.483.9K
$8.50Aug 140.050.15$0.10100.0%3380.19973
$8.00Aug 70.000.05$0.03166.7%3010.1210.5K
$7.50Aug 140.200.35$0.2853.6%2730.522.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.100.20$0.1566.7%4.9K0.537.3K
$7.00Aug 70.000.05$0.03166.7%2090.124.1K
$6.00Sep 110.000.25$0.13192.3%1040.14116
$7.50Aug 210.250.50$0.3865.8%650.50710
$7.00Aug 210.150.25$0.2050.0%530.307.1K

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 373.2%, max 610.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Aug 7Sep 18522.9%73.6%610.8%20152
$6.50Aug 7Sep 11365.3%57.6%534.6%53145
$8.50Aug 7Sep 11331.9%63.5%422.8%643.0K
$7.00Aug 7Sep 18208.8%53.8%288.4%861.9K
$8.00Aug 7Sep 18209.7%60.1%248.8%38414.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Aug 7Sep 18522.9%73.6%610.8%--374
$6.50Aug 7Sep 11365.3%57.6%534.6%1793
$8.50Aug 7Sep 4331.9%75.0%342.8%4352
$7.00Aug 7Sep 18208.8%53.8%288.4%2104.5K
$8.00Aug 7Sep 18209.7%60.1%248.8%371.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 31 found (best R:R 5.67, avg 1.83)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Aug 7$0.10$0.40$0.104.00$7.60
$7.50$8.00Aug 21$0.10$0.40$0.104.00$7.60
$7.50$8.00Aug 14$0.13$0.37$0.132.85$7.63
$8.00$8.50Sep 11$0.15$0.35$0.152.33$8.15
$6.50$7.00Aug 28$0.17$0.33$0.171.94$6.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.00Sep 18$0.15$0.85$0.155.67$6.85
$7.00$6.50Aug 21$0.10$0.40$0.104.00$6.90
$7.50$7.00Aug 7$0.12$0.38$0.123.17$7.38
$7.00$6.50Aug 28$0.12$0.38$0.123.17$6.88
$7.00$6.50Sep 11$0.13$0.37$0.132.85$6.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 39 found (best R:R 4.00, avg 1.29)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$7.00Sep 18$0.80$0.80$0.204.00$6.80
$7.50$8.00Aug 28$0.33$0.33$0.171.94$7.83
$7.00$7.50Aug 7$0.32$0.32$0.181.78$7.32
$6.50$7.00Aug 21$0.30$0.30$0.201.50$6.80
$7.00$7.50Aug 28$0.30$0.30$0.201.50$7.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 21$0.39$0.39$0.113.55$7.61
$8.00$7.50Aug 14$0.37$0.37$0.132.85$7.63
$8.50$8.00Aug 14$0.37$0.37$0.132.85$8.13
$8.50$8.00Aug 21$0.36$0.36$0.142.57$8.14
$8.00$7.50Aug 7$0.35$0.35$0.152.33$7.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.11, cheapest $0.07)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 7Aug 14$0.07331.9%95.1%
$7.00Aug 7Aug 14$0.10208.8%68.8%
$8.00Aug 7Aug 14$0.12209.7%79.3%
$7.50Aug 7Aug 14$0.15169.0%65.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Aug 7Aug 14$0.07208.8%68.8%
$7.50Aug 7Aug 14$0.13169.0%65.8%
$8.00Aug 7Aug 14$0.15209.7%79.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 32 found (cheapest 3.76% of stock, avg 14.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.13$0.15$0.28$7.22$7.783.76%
$7.00Aug 7$0.45$0.03$0.48$6.52$7.486.44%
$8.00Aug 7$0.03$0.50$0.53$7.47$8.537.11%
$7.50Aug 14$0.28$0.28$0.56$6.94$8.067.52%
$7.00Aug 14$0.55$0.10$0.65$6.35$7.658.72%
$7.50Aug 21$0.33$0.38$0.71$6.79$8.219.53%
$8.00Aug 14$0.15$0.65$0.80$7.20$8.8010.74%
$7.00Aug 21$0.60$0.20$0.80$6.20$7.8010.74%
$6.50Aug 14$0.83$0.03$0.86$5.64$7.3611.54%
$7.50Aug 28$0.53$0.40$0.93$6.57$8.4312.48%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.81% of stock, avg 5.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$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
$8.00$6.00Aug 7$0.03$0.03$0.06$5.94$8.06
$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
$8.50$6.00Aug 7$0.03$0.03$0.06$5.94$8.56
$8.50$6.50Aug 14$0.10$0.03$0.13$6.37$8.63
$8.50$6.00Aug 14$0.10$0.05$0.15$5.85$8.65
$7.50$7.00Aug 7$0.13$0.03$0.16$6.84$7.66
$7.50$6.50Aug 7$0.13$0.03$0.16$6.34$7.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 1.94, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Sep 4$0.33$0.171.94$6.67$7.83
6/78/8Sep 11$0.33$0.171.94$6.67$7.83
6/78/8Sep 11$0.28$0.221.27$6.72$8.28
6/78/8Aug 21$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. 26 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Aug 14$0.08$0.425.25
$7.00$7.50$8.00Sep 4$0.09$0.414.56
$7.50$8.00$8.50Aug 7$0.10$0.404.00
$7.50$8.00$8.50Sep 4$0.10$0.404.00
$7.00$7.50$8.00Aug 14$0.14$0.362.57
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 21$0.08$0.425.25
$6.00$6.50$7.00Aug 14$0.09$0.414.56
$6.50$7.00$7.50Aug 14$0.11$0.393.55
$6.00$6.50$7.00Sep 11$0.11$0.393.55
$6.50$7.00$7.50Aug 7$0.12$0.383.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 35 found (best net $-0.12, 25 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$7.501:2Sep 11-$0.12$0.88
$8.00$8.501:2Aug 14-$0.05$0.45
$7.00$7.501:2Aug 21-$0.06$0.44
$8.00$8.501:2Aug 21-$0.07$0.43
$8.00$8.501:2Sep 11-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$6.001:2Aug 14-$0.07$0.43
$8.00$7.501:2Aug 28-$0.07$0.43
$7.50$7.001:2Aug 28-$0.10$0.40
$6.50$6.001:2Sep 11-$0.11$0.39
$6.50$6.001:2Aug 28-$0.23$0.27

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 4.70%, avg 2.74%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Sep 4$0.350.490.7%4.70%5.37%1143
$7.50Sep 11$0.350.540.7%4.70%5.37%--38
$8.00Sep 18$0.350.417.4%4.70%12.08%833.8K
$7.50Aug 28$0.300.580.7%4.03%4.70%1209
$7.50Aug 14$0.200.520.7%2.68%3.36%2732.4K
$8.00Aug 21$0.200.347.4%2.68%10.07%6.8K42.5K
$7.50Aug 21$0.150.500.7%2.01%2.68%1065.7K
$8.50Aug 28$0.150.2814.1%2.01%16.11%1289
$7.50Aug 7$0.100.480.7%1.34%2.01%7923.9K
$8.00Aug 14$0.100.307.4%1.34%8.72%1923.1K

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 11,446
Total Puts 5,919
Put/Call Ratio 0.52
Net Difference 5,527

Prior's Put/Call Breakdown

Total Calls 44,206
Total Puts 5,445
Put/Call Ratio 0.12
Net Difference 38,761

Prior 7-Day Put/Call Summary

Total Calls 315,368
Total Puts 107,473
Average Put/Call Ratio 0.87
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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