Tour v494
WEN
WENDYS CO A
$7.57 +2.37%
8/7 10:20

Option Volume

Detail
Current (08/07 10:20am) 21,888
Calls: 15,303 (70%)
Puts: 6,585 (30%)
Prior (06/24) 49,651
Calls: 44,206 (89%)
Puts: 5,445 (11%)
Current vs Prior -55.92%
Calls: -65.38% (Calls)
Puts: +20.94% (Puts)
Prior 7-Day Total 434,114
Calls: 324,631 (75%)
Puts: 109,483 (25%)
Prior 7-Day Average 62,016
Calls: 46,375 (75%)
Puts: 15,640 (25%)
Current vs Prior 7-Day Avg -64.71%
Calls: -67.00%
Puts: -57.90%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/07 10:20am) $568.3K
Calls: $483.5K (85%)
Puts: $84.8K (15%)
Prior (06/24) $6.68M
Calls: $6.21M (93%)
Puts: $469.8K (7%)
Current vs Prior -91.49%
Calls: -92.22%
Puts: -81.95%
Prior 7-Day Total $28.70M
Calls: $24.37M (85%)
Puts: $4.33M (15%)
Prior 7-Day Average $4.10M
Calls: $3.48M (85%)
Puts: $618.3K (15%)
Current vs Prior 7-Day Avg -86.14%
Calls: -86.11%
Puts: -86.28%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07 10:20am) 0.43
Prior (06/24) 0.12
Current vs Prior +249.35%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -48.59%
Sentiment BULLISH

Open Interest

Detail
Current (08/07 10:20am) 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 3.30% | 7.00%10.30% | 17.97%
Prior 8.71% | 11.35%13.46% | 17.94%
Current vs Prior -62.07% | -38.29%-23.43% | +0.13%
Prior 7-Day Avg 8.08% | 11.72%13.46% | 17.94%
Current vs 7-Day Avg -59.13% | -40.28%-23.43% | +0.13%
Prior 7-Day Eod 8.71% | 11.35%12.86% | 15.70%
Current vs 7-Day Eod -62.07% | -38.29%-19.85% | +14.45%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 83.34% | 48.84%
Calls: 66.67% | 57.69%
Puts: 100.00% | 40.00%
Prior 28.66% | 35.36%
Calls: 39.47% | 31.25%
Puts: 17.86% | 39.47%
Current vs Prior +190.79% | +38.12%
Prior 7-Day Avg 33.28% | 37.74%
Calls: 34.22% | 25.72%
Puts: 33.48% | 39.90%
Current vs 7-Day Avg +150.42% | +29.42%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($483.5K) vs puts ($84.8K). Light premium activity with dollar volume down 91% vs prior. Below-average activity with volume down 56% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (15,303 calls vs 6,585 puts).

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
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
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. 1 found (avg $0.65, cheapest $0.65)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.600.70$0.6515.4%90.656.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.73, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.851.20$1.0234.3%750.9714
$6.50Aug 70.851.15$1.0030.0%540.9495
$6.50Aug 210.851.25$1.0538.1%--0.92101
$7.00Aug 70.450.65$0.5536.4%930.91521
$6.50Aug 280.601.40$1.0080.0%--0.8819
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.851.25$1.0538.1%200.91116
$8.00Aug 70.400.50$0.4522.2%1200.86281
$8.50Aug 140.951.20$1.0823.1%20.8341
$9.00Aug 211.401.60$1.5013.3%--0.813.2K
$8.50Aug 211.001.30$1.1526.1%90.7678

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 18.6K, top 7.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.200.25$0.2321.7%7.9K0.3542.5K
$7.50Aug 70.100.20$0.1566.7%1.0K0.583.9K
$8.00Aug 70.000.05$0.03166.7%6620.1310.5K
$8.50Aug 140.050.10$0.0862.5%4450.17973
$8.00Aug 140.100.15$0.1338.5%4360.283.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.050.15$0.10100.0%5.3K0.437.3K
$7.00Aug 70.000.05$0.03166.7%2400.114.1K
$8.00Aug 70.400.50$0.4522.2%1200.86281
$7.00Aug 140.050.10$0.0862.5%840.20860
$7.50Aug 210.300.45$0.3839.5%650.47710

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 370.0%, max 628.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11403.0%55.3%628.5%54145
$9.00Aug 7Sep 18441.1%71.2%519.9%2306.1K
$8.50Aug 7Sep 11326.9%66.0%394.9%923.0K
$7.00Aug 7Sep 18241.3%50.9%374.0%1011.9K
$8.00Aug 7Sep 18196.6%62.6%214.1%79214.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11403.0%55.3%628.5%3793
$8.50Aug 7Sep 4326.9%66.2%393.8%20352
$7.00Aug 7Sep 18241.3%50.9%374.0%2444.5K
$8.00Aug 7Sep 18196.6%62.6%214.1%1201.6K
$7.50Aug 7Sep 11158.4%60.0%164.1%5.3K7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 28 found (best R:R 4.56, avg 1.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$9.00Sep 18$0.18$0.82$0.184.56$8.18
$7.50$8.00Aug 7$0.12$0.38$0.123.17$7.62
$8.00$8.50Sep 4$0.13$0.37$0.132.85$8.13
$7.50$8.00Aug 14$0.15$0.35$0.152.33$7.65
$7.50$8.00Aug 21$0.17$0.33$0.171.94$7.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$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
$7.00$6.50Sep 4$0.15$0.35$0.152.33$6.85
$7.50$7.00Aug 14$0.17$0.33$0.171.94$7.33
$7.50$7.00Aug 28$0.20$0.30$0.201.50$7.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 32 found (best R:R 3.17, avg 1.12)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.50$7.00Aug 21$0.35$0.35$0.152.33$6.85
$7.00$7.50Aug 14$0.32$0.32$0.181.78$7.32
$6.50$7.00Sep 4$0.32$0.32$0.181.78$6.82
$7.00$7.50Aug 21$0.30$0.30$0.201.50$7.30
$6.50$7.00Aug 28$0.30$0.30$0.201.50$6.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 28$0.38$0.38$0.123.17$7.62
$8.00$7.50Aug 7$0.35$0.35$0.152.33$7.65
$9.00$8.50Aug 21$0.35$0.35$0.152.33$8.65
$8.50$8.00Sep 4$0.33$0.33$0.171.94$8.17
$8.00$7.50Aug 14$0.32$0.32$0.181.78$7.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.09, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 7Aug 14$0.05326.9%84.6%
$9.00Aug 7Aug 14$0.05441.1%109.0%
$8.00Aug 7Aug 14$0.10196.6%70.4%
$7.50Aug 7Aug 14$0.13158.4%61.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Aug 7Aug 14$0.05241.3%62.7%
$8.00Aug 7Aug 14$0.12196.6%70.4%
$7.50Aug 7Aug 14$0.15158.4%61.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 3.30% of stock, avg 13.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.15$0.10$0.25$7.25$7.753.30%
$8.00Aug 7$0.03$0.45$0.48$7.52$8.486.34%
$7.50Aug 14$0.28$0.25$0.53$6.97$8.037.00%
$7.00Aug 7$0.55$0.03$0.58$6.42$7.587.66%
$7.00Aug 14$0.60$0.08$0.68$6.32$7.688.98%
$8.00Aug 14$0.13$0.57$0.70$7.30$8.709.25%
$7.50Aug 21$0.40$0.38$0.78$6.72$8.2810.30%
$7.00Aug 21$0.70$0.15$0.85$6.15$7.8511.23%
$7.50Aug 28$0.45$0.40$0.85$6.65$8.3511.23%
$8.00Aug 21$0.23$0.65$0.88$7.12$8.8811.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 56 found (cheapest 0.79% of stock, avg 5.04%)

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
$8.50$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$7.00Aug 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
$8.50$6.50Aug 14$0.08$0.03$0.11$6.39$8.61
$9.00$6.50Aug 14$0.08$0.03$0.11$6.39$9.11
$8.00$7.50Aug 7$0.03$0.10$0.13$7.37$8.13
$8.50$7.50Aug 7$0.03$0.10$0.13$7.37$8.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 1.94, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Sep 4$0.33$0.171.94$6.67$7.83
7/88/8Sep 4$0.33$0.171.94$7.17$8.33
6/78/8Sep 11$0.33$0.171.94$6.67$7.83
6/78/8Aug 28$0.32$0.181.78$6.68$7.82
6/78/8Sep 4$0.28$0.221.27$6.72$8.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 14$0.05$0.459.00
$6.50$7.00$7.50Aug 21$0.05$0.459.00
$6.50$7.00$7.50Aug 28$0.05$0.459.00
$7.50$8.00$8.50Sep 4$0.05$0.459.00
$8.00$8.50$9.00Aug 21$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 7$0.07$0.436.14
$7.50$8.00$8.50Aug 28$0.07$0.436.14
$6.50$7.00$7.50Aug 28$0.08$0.425.25
$6.50$7.00$7.50Aug 14$0.12$0.383.17
$6.50$7.00$7.50Aug 21$0.13$0.372.85

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 $-0.07, 27 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.07$0.93
$7.50$8.001:2Aug 21-$0.06$0.44
$8.50$9.001:2Aug 28-$0.06$0.44
$8.00$8.501:2Aug 21-$0.07$0.43
$8.50$9.001:2Aug 14-$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$8.001:2Aug 14-$0.06$0.44
$8.00$7.501:2Sep 4-$0.06$0.44
$7.50$7.001:2Sep 4-$0.08$0.42
$8.00$7.501:2Aug 21-$0.11$0.39
$8.50$8.001:2Aug 21-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 4.62%, avg 2.18%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.350.415.7%4.62%10.30%1303.8K
$8.00Aug 21$0.200.355.7%2.64%8.32%7.9K42.5K
$8.00Sep 4$0.200.405.7%2.64%8.32%1122
$9.00Sep 18$0.200.2618.9%2.64%21.53%1092.7K
$8.00Aug 28$0.150.365.7%1.98%7.66%3419
$8.50Aug 28$0.150.2712.3%1.98%14.27%58289
$8.00Aug 14$0.100.285.7%1.32%7.00%4363.1K
$8.50Aug 21$0.100.2312.3%1.32%13.61%331718
$9.00Aug 21$0.100.1818.9%1.32%20.21%29834.0K
$8.50Sep 4$0.100.2812.3%1.32%13.61%--190

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 15,303
Total Puts 6,585
Put/Call Ratio 0.43
Net Difference 8,718

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 324,631
Total Puts 109,483
Average Put/Call Ratio 0.84
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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