Tour v494
WEN
WENDYS CO A
$7.54 +2.03%
8/7 10:30

Option Volume

Detail
Current (08/07 10:30am) 22,329
Calls: 15,594 (70%)
Puts: 6,735 (30%)
Prior (06/24) 49,651
Calls: 44,206 (89%)
Puts: 5,445 (11%)
Current vs Prior -55.03%
Calls: -64.72% (Calls)
Puts: +23.69% (Puts)
Prior 7-Day Total 435,807
Calls: 325,804 (75%)
Puts: 110,003 (25%)
Prior 7-Day Average 62,258
Calls: 46,543 (75%)
Puts: 15,714 (25%)
Current vs Prior 7-Day Avg -64.13%
Calls: -66.50%
Puts: -57.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/07 10:30am) $592.1K
Calls: $488.4K (82%)
Puts: $103.7K (18%)
Prior (06/24) $6.68M
Calls: $6.21M (93%)
Puts: $469.8K (7%)
Current vs Prior -91.14%
Calls: -92.14%
Puts: -77.92%
Prior 7-Day Total $28.81M
Calls: $24.52M (85%)
Puts: $4.29M (15%)
Prior 7-Day Average $4.12M
Calls: $3.50M (85%)
Puts: $613.2K (15%)
Current vs Prior 7-Day Avg -85.62%
Calls: -86.06%
Puts: -83.08%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07 10:30am) 0.43
Prior (06/24) 0.12
Current vs Prior +250.64%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -48.41%
Sentiment BULLISH

Open Interest

Detail
Current (08/07 10:30am) 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 3.45% | 7.03%9.95% | 18.04%
Prior 8.71% | 11.35%13.46% | 17.94%
Current vs Prior -60.40% | -38.05%-26.08% | +0.53%
Prior 7-Day Avg 8.08% | 11.72%13.46% | 17.94%
Current vs 7-Day Avg -57.33% | -40.04%-26.08% | +0.53%
Prior 7-Day Eod 8.71% | 11.35%12.86% | 15.70%
Current vs 7-Day Eod -60.40% | -38.05%-22.62% | +14.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 38.46% | 28.93%
Calls: 38.46% | 17.86%
Puts: 38.46% | 40.00%
Prior 28.66% | 35.36%
Calls: 39.47% | 31.25%
Puts: 17.86% | 39.47%
Current vs Prior +34.19% | -18.18%
Prior 7-Day Avg 33.28% | 37.74%
Calls: 34.22% | 25.72%
Puts: 33.48% | 39.90%
Current vs 7-Day Avg +15.56% | -23.34%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($488.4K) vs puts ($103.7K). Light premium activity with dollar volume down 91% vs prior. Below-average activity with volume down 55% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (15,594 calls vs 6,735 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
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
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 1 of results (avg 5.4%, best 5.4%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.900.95$0.935.4%--0.581.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.60, cheapest $0.28)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 140.250.30$0.2817.9%4330.532.4K
$8.00Sep 180.400.45$0.4311.6%1450.413.8K
$7.00Aug 210.650.75$0.7014.3%990.748.4K
$7.00Sep 180.750.90$0.8318.1%100.681.4K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.300.35$0.3215.6%40.33383
$8.00Aug 140.550.65$0.6016.7%570.71245
$8.00Aug 210.650.75$0.7014.3%120.656.3K
$8.00Sep 180.900.95$0.935.4%--0.581.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.73, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 70.901.15$1.0224.5%540.9595
$7.00Aug 70.450.60$0.5328.3%1040.94521
$6.50Aug 140.851.20$1.0234.3%750.9314
$6.50Aug 210.851.25$1.0538.1%--0.92101
$6.50Aug 280.601.40$1.0080.0%--0.8619
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.851.25$1.0538.1%200.91116
$8.00Aug 70.450.55$0.5020.0%1220.87281
$8.50Aug 140.951.20$1.0823.1%20.8341
$9.00Aug 211.401.65$1.5316.3%--0.823.2K
$8.50Aug 211.051.20$1.1313.3%90.7678

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 19.0K, top 7.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.200.25$0.2321.7%7.9K0.3542.5K
$7.50Aug 70.100.15$0.1338.5%1.0K0.523.9K
$8.00Aug 70.000.05$0.03166.7%6710.1310.5K
$8.00Aug 140.100.15$0.1338.5%4510.283.1K
$8.50Aug 140.050.10$0.0862.5%4470.17973
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 70.100.15$0.1338.5%5.4K0.497.3K
$7.00Aug 70.000.05$0.03166.7%2410.114.1K
$8.00Aug 70.450.55$0.5020.0%1220.87281
$7.00Aug 140.050.10$0.0862.5%1100.20860
$7.50Aug 210.300.40$0.3528.6%650.46710

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 375.8%, max 577.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11395.3%58.4%577.1%54145
$9.00Aug 7Sep 18460.4%68.1%575.8%3436.1K
$8.50Aug 7Sep 11345.8%62.6%452.1%923.0K
$7.00Aug 7Sep 18229.7%53.6%328.2%1141.9K
$8.00Aug 7Sep 18215.1%62.7%243.1%81614.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Sep 11395.3%58.4%577.1%3793
$8.50Aug 7Sep 4345.8%69.8%395.7%20352
$7.00Aug 7Sep 18229.7%53.6%328.2%2454.5K
$8.00Aug 7Sep 18215.1%62.7%243.1%1221.6K
$7.50Aug 7Sep 11160.5%52.3%206.9%5.4K7.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 28 found (best R:R 4.00, avg 1.79)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Aug 7$0.10$0.40$0.104.00$7.60
$8.00$9.00Sep 18$0.20$0.80$0.204.00$8.20
$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
$7.50$8.00Aug 28$0.17$0.33$0.171.94$7.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$7.00Aug 7$0.10$0.40$0.104.00$7.40
$7.00$6.50Aug 21$0.12$0.38$0.123.17$6.88
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 32 found (best R:R 2.85, avg 1.03)

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
$7.00$7.50Aug 28$0.28$0.28$0.221.27$7.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 7$0.37$0.37$0.132.85$7.63
$8.00$7.50Aug 14$0.35$0.35$0.152.33$7.65
$8.00$7.50Aug 21$0.35$0.35$0.152.33$7.65
$8.00$7.50Aug 28$0.33$0.33$0.171.94$7.67
$8.00$7.00Sep 18$0.61$0.61$0.391.56$7.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.09, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 7Aug 14$0.05345.8%84.6%
$9.00Aug 7Aug 14$0.05460.4%109.1%
$7.00Aug 7Aug 14$0.07229.7%62.7%
$8.00Aug 7Aug 14$0.10215.1%70.6%
$7.50Aug 7Aug 14$0.15160.5%61.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Aug 7Aug 14$0.05229.7%62.7%
$8.00Aug 7Aug 14$0.10215.1%70.6%
$7.50Aug 7Aug 14$0.12160.5%61.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 3.45% of stock, avg 13.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.13$0.13$0.26$7.24$7.763.45%
$8.00Aug 7$0.03$0.50$0.53$7.47$8.537.03%
$7.50Aug 14$0.28$0.25$0.53$6.97$8.037.03%
$7.00Aug 7$0.53$0.03$0.56$6.44$7.567.43%
$7.00Aug 14$0.60$0.08$0.68$6.32$7.689.02%
$8.00Aug 14$0.13$0.60$0.73$7.27$8.739.68%
$7.50Aug 21$0.40$0.35$0.75$6.75$8.259.95%
$7.00Aug 21$0.70$0.15$0.85$6.15$7.8511.27%
$7.50Aug 28$0.45$0.40$0.85$6.65$8.3511.27%
$8.00Aug 21$0.23$0.70$0.93$7.07$8.9312.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 56 found (cheapest 0.80% of stock, avg 5.06%)

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$0.13$0.16$7.34$8.16
$8.50$7.50Aug 7$0.03$0.13$0.16$7.34$8.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 1.94, avg credit $0.31)

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
6/78/8Aug 21$0.29$0.211.38$6.71$7.79
6/78/8Aug 28$0.29$0.211.38$6.71$7.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 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
$8.00$8.50$9.00Aug 21$0.06$0.447.33
$7.50$8.00$8.50Sep 4$0.08$0.425.25
$6.50$7.00$7.50Aug 7$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Sep 11$0.07$0.436.14
$6.50$7.00$7.50Aug 21$0.08$0.425.25
$7.50$8.00$8.50Aug 21$0.08$0.425.25
$6.50$7.00$7.50Aug 28$0.08$0.425.25
$7.50$8.00$8.50Aug 28$0.09$0.414.56

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 $-0.06, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.001:2Aug 21-$0.06$0.44
$8.00$8.501:2Aug 21-$0.07$0.43
$8.50$9.001:2Aug 14-$0.08$0.42
$7.00$7.501:2Aug 21-$0.10$0.40
$8.50$9.001:2Aug 28-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.501:2Aug 28-$0.07$0.43
$7.50$7.001:2Sep 4-$0.08$0.42
$7.50$7.001:2Sep 11-$0.08$0.42
$8.50$8.001:2Aug 14-$0.12$0.38
$8.50$8.001:2Aug 21-$0.27$0.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 5.31%, avg 2.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.400.416.1%5.31%11.41%1453.8K
$8.00Aug 21$0.200.356.1%2.65%8.75%7.9K42.5K
$8.00Aug 28$0.200.386.1%2.65%8.75%3419
$8.00Sep 4$0.200.406.1%2.65%8.75%1122
$9.00Sep 18$0.200.2419.4%2.65%22.02%1222.7K
$8.50Aug 28$0.150.2712.7%1.99%14.72%58289
$8.50Sep 4$0.150.3012.7%1.99%14.72%--190
$8.00Aug 14$0.100.286.1%1.33%7.43%4513.1K
$8.50Aug 21$0.100.2412.7%1.33%14.06%332718
$9.00Aug 21$0.100.1819.4%1.33%20.69%30934.0K

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 15,594
Total Puts 6,735
Put/Call Ratio 0.43
Net Difference 8,859

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 325,804
Total Puts 110,003
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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