Tour v452
WFC
WELLS FARGO & CO
$86.87 -0.46%
$86.92 (+0.05%)🌙
as of 07/28 06:11 PM
7/28 18:11

Option Volume

Detail
Current (07/28) 24,147
Calls: 10,354 (43%)
Puts: 13,793 (57%)
Prior (07/27) 20,162
Calls: 10,792 (54%)
Puts: 9,370 (46%)
Current vs Prior +19.76%
Calls: -4.06% (Calls)
Puts: +47.20% (Puts)
Prior 7-Day Total 257,587
Calls: 145,912 (57%)
Puts: 111,675 (43%)
Prior 7-Day Average 36,798
Calls: 20,844 (57%)
Puts: 15,953 (43%)
Current vs Prior 7-Day Avg -34.38%
Calls: -50.33%
Puts: -13.54%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28) $9.31M
Calls: $4.43M (48%)
Puts: $4.88M (52%)
Prior (07/27) $4.37M
Calls: $2.44M (56%)
Puts: $1.93M (44%)
Current vs Prior +112.95%
Calls: +81.38%
Puts: +152.91%
Prior 7-Day Total $57.29M
Calls: $34.90M (61%)
Puts: $22.39M (39%)
Prior 7-Day Average $8.18M
Calls: $4.99M (61%)
Puts: $3.20M (39%)
Current vs Prior 7-Day Avg +13.74%
Calls: -11.15%
Puts: +52.53%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28) 1.33
Prior (07/27) 0.87
Current vs Prior +53.43%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg +55.12%
Sentiment BEARISH

Open Interest

Detail
Current (07/28) 477,876
Calls: 213,791 (45%)
Puts: 264,085 (55%)
Prior (07/27) 905,148
Calls: 381,885 (42%)
Puts: 523,263 (58%)
Current vs Prior -47.20%
Prior 7-Day Total 5,778,759
Calls: 2,505,105 (43%)
Puts: 3,273,654 (57%)
Prior 7-Day Average 825,537
Calls: 357,872 (43%)
Puts: 467,664 (57%)
Current vs Prior 7-Day Avg -42.11%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.90% | 4.31%5.81% | 9.28%
Prior 3.14% | 4.59%5.71% | 9.55%
Current vs Prior -7.61% | -6.30%+1.87% | -2.80%
Prior 7-Day Avg 2.94% | 4.46%5.59% | 9.60%
Current vs 7-Day Avg -1.35% | -3.47%+4.02% | -3.35%
Prior 7-Day Eod 3.14% | 4.59%5.71% | 9.55%
Current vs 7-Day Eod -7.61% | -6.30%+1.87% | -2.80%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 11.05% | 6.38%
Calls: 10.71% | 6.45%
Puts: 11.40% | 6.32%
Prior 8.75% | 9.64%
Calls: 7.32% | 12.85%
Puts: 10.19% | 6.44%
Current vs Prior +26.29% | -33.82%
Prior 7-Day Avg 19.44% | 8.85%
Calls: 18.58% | 8.73%
Puts: 20.30% | 8.99%
Current vs 7-Day Avg -43.15% | -27.94%
Liquidity Pricy
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🤖 AI Insights

Massive premium surge with dollar volume up 113% vs prior. Bearish P/C ratio of 1.33 indicates protective positioning. P/C ratio rising 53% - increased hedging/bearish positioning. Declining open interest (down 47%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 22 of results (avg 7.8%, best 5.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$77.00Aug 219.7010.30$10.006.0%700.98--
$70.00Jul 3116.4017.55$16.986.8%60.921
$78.00Aug 148.659.30$8.987.2%600.992
$79.00Aug 217.758.35$8.057.5%20.93--
$79.00Aug 147.708.30$8.007.5%560.971
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.00Aug 212.382.52$2.455.7%50.53467
$88.00Aug 212.923.10$3.016.0%10.59--
$86.00Aug 211.922.05$1.996.5%30.46288
$87.50Aug 212.572.77$2.677.5%140.561.3K
$85.00Aug 211.531.65$1.597.5%420.399.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.75, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 70.570.68$0.6317.5%110.27182
$91.00Aug 210.600.72$0.6618.2%30.22177
$90.00Aug 140.620.72$0.6714.9%50.2489
$90.00Aug 210.870.98$0.9311.8%1490.288.9K
$87.00Jul 310.881.00$0.9412.8%3610.492.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 210.100.12$0.1118.2%40.044.7K
$83.00Aug 70.390.44$0.4211.9%1530.18919
$81.00Aug 210.550.61$0.5810.3%50.1797
$84.00Aug 70.580.65$0.6211.3%100.25259
$82.00Aug 210.720.80$0.7610.5%390.21178

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 56 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Aug 1411.3514.10$12.7321.6%601.00--
$75.00Aug 1410.4013.60$12.0026.7%561.00--
$76.00Aug 149.6512.15$10.9022.9%541.00--
$77.00Aug 148.6511.15$9.9025.3%721.00--
$72.50Aug 2113.1515.60$14.3817.0%711.00430
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$97.00Jul 318.7511.55$10.1527.6%21.00--
$95.00Jul 317.009.50$8.2530.3%10.95--
$98.00Jul 319.9512.50$11.2322.7%20.91--
$90.00Jul 312.843.40$3.1217.9%230.91151
$96.00Jul 317.9510.50$9.2327.6%10.90--

Most actively traded options today. High liquidity = easy entry/exit. 147 active (total vol 9.2K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Jul 310.000.54$0.27200.0%5360.09--
$87.00Jul 310.881.00$0.9412.8%3610.492.4K
$90.00Jul 310.070.16$0.1275.0%3330.102.1K
$88.00Aug 70.931.05$0.9912.1%2980.371.4K
$88.00Jul 310.430.55$0.4924.5%2300.331.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Jul 310.020.09$0.06116.7%1.3K0.04274
$82.50Aug 210.830.90$0.878.0%9440.245.8K
$85.00Jul 310.240.39$0.3246.9%3800.221.2K
$83.00Jul 310.030.14$0.09122.2%3600.07932
$84.00Jul 310.100.23$0.1776.5%2220.12780

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 34 strikes (avg 66.1%, max 367.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$74.00Jul 31Aug 14165.0%35.3%367.2%64--
$75.00Jul 31Aug 14128.8%35.9%258.4%603
$78.00Jul 31Aug 1490.2%31.1%190.4%28313
$80.00Jul 31Aug 2871.7%27.7%158.9%2--
$79.00Jul 31Aug 2170.8%29.6%139.2%22351
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 471.7%28.5%151.3%61.2K
$76.00Jul 31Sep 464.1%32.2%98.9%1716
$75.00Aug 7Sep 464.4%39.5%62.8%351
$81.00Jul 31Sep 439.4%26.3%50.0%52442
$82.00Jul 31Aug 2838.7%26.3%47.0%1.3K297

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 68 found (best R:R 21.73, avg 3.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$93.00$98.00Sep 4$0.35$4.65$0.3513.29$93.35
$92.50$95.00Aug 21$0.22$2.28$0.2210.36$92.72
$91.00$92.00Aug 7$0.12$0.88$0.127.33$91.12
$89.00$90.00Jul 31$0.13$0.87$0.136.69$89.13
$90.00$91.00Aug 7$0.13$0.87$0.136.69$90.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$77.50$75.00Aug 21$0.11$2.39$0.1121.73$77.39
$80.00$76.00Jul 31$0.23$3.77$0.2316.39$79.77
$75.00$70.00Aug 7$0.33$4.67$0.3314.15$74.67
$80.00$78.00Aug 21$0.17$1.83$0.1710.76$79.83
$80.00$76.00Sep 4$0.42$3.58$0.428.52$79.58

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 89 found (best R:R 36.50, avg 1.67)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$72.50$77.00Aug 21$4.38$4.38$0.1236.50$76.88
$71.00$72.00Jul 31$0.88$0.88$0.127.33$71.88
$81.00$83.00Aug 14$1.75$1.75$0.257.00$82.75
$79.00$80.00Aug 14$0.87$0.87$0.136.69$79.87
$78.00$79.00Jul 31$0.84$0.84$0.165.25$78.84
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$89.00$88.00Jul 31$0.82$0.82$0.184.56$88.18
$90.00$89.00Jul 31$0.74$0.74$0.262.85$89.26
$89.00$88.00Aug 7$0.69$0.69$0.312.23$88.31
$88.00$87.50Aug 21$0.34$0.34$0.162.12$87.66
$88.00$87.00Aug 7$0.60$0.60$0.401.50$87.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 33 found (avg debit $0.33, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$95.00Aug 7Aug 14$0.0530.2%26.4%
$93.00Jul 31Aug 7$0.0634.9%25.9%
$80.00Jul 31Aug 14$0.0871.7%28.8%
$74.00Jul 31Aug 14$0.10165.0%35.3%
$75.00Jul 31Aug 14$0.12128.8%35.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Aug 7Aug 14$0.0537.4%32.2%
$78.00Aug 7Aug 14$0.0835.0%31.1%
$79.00Aug 7Aug 14$0.1332.7%30.4%
$81.00Jul 31Aug 7$0.1739.4%31.2%
$82.00Jul 31Aug 7$0.2238.7%29.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 35 found (cheapest 2.22% of stock, avg 5.74%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 31$0.94$0.99$1.93$85.07$88.932.22%
$88.00Jul 31$0.49$1.56$2.05$85.95$90.052.36%
$86.00Jul 31$1.53$0.59$2.12$83.88$88.122.44%
$85.00Jul 31$2.26$0.32$2.58$82.42$87.582.97%
$89.00Jul 31$0.25$2.38$2.63$86.37$91.633.03%
$87.00Aug 7$1.44$1.75$3.19$83.81$90.193.67%
$84.00Jul 31$3.05$0.17$3.22$80.78$87.223.71%
$90.00Jul 31$0.12$3.12$3.24$86.76$93.243.73%
$86.00Aug 7$1.99$1.27$3.26$82.74$89.263.75%
$88.00Aug 7$0.99$2.35$3.34$84.66$91.343.84%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 126 found (cheapest 0.24% of stock, avg 2.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$90.00$83.00Jul 31$0.12$0.09$0.21$82.79$90.21
$90.00$84.00Jul 31$0.12$0.17$0.29$83.71$90.29
$89.00$83.00Jul 31$0.25$0.09$0.34$82.66$89.34
$96.00$83.00Jul 31$0.27$0.09$0.36$82.64$96.36
$90.00$80.00Jul 31$0.12$0.25$0.37$79.63$90.37
$89.00$84.00Jul 31$0.25$0.17$0.42$83.58$89.42
$90.00$85.00Jul 31$0.12$0.32$0.44$84.56$90.44
$96.00$84.00Jul 31$0.27$0.17$0.44$83.56$96.44
$89.00$80.00Jul 31$0.25$0.25$0.50$79.50$89.50
$96.00$80.00Jul 31$0.27$0.25$0.52$79.48$96.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 109 found (best R:R 9.00, avg credit $0.78)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
83/8485/86Aug 7$0.90$0.109.00$83.10$85.90
80/8184/85Aug 21$0.88$0.127.33$80.12$84.88
84/8586/87Aug 21$0.88$0.127.33$84.12$86.88
83/8485/86Aug 21$0.87$0.136.69$83.13$85.87
83/8485/86Aug 14$0.86$0.146.14$83.14$85.86
75/7880/84Aug 21$3.41$0.595.78$74.09$83.41
82/8384/85Aug 7$0.85$0.155.67$82.15$84.85
82/8385/86Aug 7$0.84$0.165.25$82.16$85.84
86/8788/89Aug 7$0.84$0.165.25$86.16$88.84
87/8889/90Aug 7$0.84$0.165.25$87.16$89.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 58 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$88.00$89.00Aug 14$0.05$0.9519.00
$92.50$95.00$97.50Aug 21$0.14$2.3616.86
$84.00$85.00$86.00Jul 31$0.06$0.9415.67
$90.00$91.00$92.00Jul 31$0.06$0.9415.67
$91.00$92.00$93.00Aug 7$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$82.00$83.00$84.00Jul 31$0.05$0.9519.00
$81.00$82.00$83.00Aug 7$0.06$0.9415.67
$82.00$83.00$84.00Aug 7$0.06$0.9415.67
$84.00$85.00$86.00Aug 21$0.06$0.9415.67
$85.00$86.00$87.00Aug 21$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 74 found (best net $-0.03, 64 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$84.001:2Aug 21-$0.63$3.37
$93.00$96.001:2Jul 31-$0.52$2.48
$95.00$97.501:2Aug 21-$0.02$2.48
$80.00$83.001:2Jul 31-$0.85$2.15
$93.00$95.001:2Aug 14-$0.02$1.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$76.001:2Sep 4-$0.03$3.97
$77.50$75.001:2Aug 21$0.00$2.50
$80.00$78.001:2Aug 21-$0.09$1.91
$77.00$75.001:2Aug 7-$0.64$1.36
$82.00$81.001:2Jul 31$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 2.61%, avg 0.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.00Aug 28$2.270.480.1%2.61%2.76%3--
$87.00Sep 4$2.090.480.1%2.41%2.56%221
$87.00Aug 21$1.950.480.1%2.24%2.39%10--
$88.00Aug 28$1.810.421.3%2.08%3.38%4020
$87.00Aug 14$1.720.480.1%1.98%2.13%84356
$87.50Aug 21$1.710.440.7%1.97%2.69%815.1K
$88.00Aug 21$1.490.411.3%1.72%3.02%16198
$87.00Aug 7$1.380.470.1%1.59%1.74%68804
$88.00Aug 14$1.270.401.3%1.46%2.76%9159
$89.00Aug 21$1.110.342.5%1.28%3.73%599

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 10,354
Total Puts 13,793
Put/Call Ratio 1.33
Net Difference -3,439

Prior's Put/Call Breakdown

Total Calls 10,792
Total Puts 9,370
Put/Call Ratio 0.87
Net Difference 1,422

Prior 7-Day Put/Call Summary

Total Calls 145,912
Total Puts 111,675
Average Put/Call Ratio 0.86
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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