Tour v422
XLE
State StreetEngySelSectSPDRETF
$58.36 -2.11%
$58.40 (+0.06%)🌙
as of 07/27 06:07 PM
7/27 18:07

Option Volume

Detail
Current (07/27) 143,194
Calls: 83,867 (59%)
Puts: 59,327 (41%)
Prior (07/24) 199,057
Calls: 84,841 (43%)
Puts: 114,216 (57%)
Current vs Prior -28.06%
Calls: -1.15% (Calls)
Puts: -48.06% (Puts)
Prior 7-Day Total 1,008,604
Calls: 659,610 (65%)
Puts: 348,994 (35%)
Prior 7-Day Average 144,086
Calls: 94,230 (65%)
Puts: 49,856 (35%)
Current vs Prior 7-Day Avg -0.62%
Calls: -11.00%
Puts: +19.00%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $23.75M
Calls: $17.90M (75%)
Puts: $5.85M (25%)
Prior (07/24) $24.70M
Calls: $12.92M (52%)
Puts: $11.79M (48%)
Current vs Prior -3.84%
Calls: +38.59%
Puts: -50.33%
Prior 7-Day Total $158.48M
Calls: $118.33M (75%)
Puts: $40.15M (25%)
Prior 7-Day Average $22.64M
Calls: $16.90M (75%)
Puts: $5.74M (25%)
Current vs Prior 7-Day Avg +4.92%
Calls: +5.89%
Puts: +2.06%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27) 0.71
Prior (07/24) 1.35
Current vs Prior -47.45%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +26.47%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/27) 4,303,103
Calls: 1,678,225 (39%)
Puts: 2,624,878 (61%)
Prior (07/24) 2,176,754
Calls: 1,289,362 (59%)
Puts: 887,392 (41%)
Current vs Prior +97.68%
Prior 7-Day Total 26,329,255
Calls: 11,402,182 (43%)
Puts: 14,927,073 (57%)
Prior 7-Day Average 3,761,322
Calls: 1,628,883 (43%)
Puts: 2,132,439 (57%)
Current vs Prior 7-Day Avg +14.40%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 3.22% | 4.64%5.98% | 9.37%
Prior 3.77% | 6.36%6.79% | 9.83%
Current vs Prior -14.64% | -26.95%-11.97% | -4.64%
Prior 7-Day Avg 2.55% | 4.26%5.15% | 9.02%
Current vs 7-Day Avg +26.49% | +9.07%+16.01% | +3.86%
Prior 7-Day Eod 3.77% | 6.36%6.79% | 9.83%
Current vs 7-Day Eod -14.64% | -26.95%-11.97% | -4.64%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.91% | 8.06%
Calls: 6.74% | 8.66%
Puts: 7.07% | 7.46%
Prior 107.54% | 81.49%
Calls: 90.74% | 26.62%
Puts: 124.35% | 136.36%
Current vs Prior -93.57% | -90.11%
Prior 7-Day Avg 29.82% | 17.75%
Calls: 26.04% | 9.03%
Puts: 33.61% | 26.48%
Current vs 7-Day Avg -76.83% | -54.60%
Liquidity Pricy
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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($17.90M) vs puts ($5.85M). P/C ratio dropping 47% - sentiment shifting bullish. Put-heavy open interest (2,624,878 puts vs 1,678,225 calls) suggests hedging or bearish positioning. Rising open interest (up 98%) indicates new positions being established.

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 BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 29 of results (avg 7.9%, best 5.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 218.408.85$8.635.2%160.97129
$49.00Jul 319.209.70$9.455.3%40.992
$51.00Aug 217.457.90$7.685.9%--0.95117
$50.00Jul 318.208.70$8.455.9%70.9920
$49.00Aug 219.259.85$9.556.3%--0.9831
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Aug 79.359.85$9.605.2%11.00--
$65.00Aug 216.406.90$6.657.5%--0.9318
$65.00Sep 46.507.05$6.788.1%--0.8729
$64.00Jul 315.355.85$5.608.9%11.001
$63.00Aug 214.605.05$4.829.3%10.852

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.65, cheapest $0.25)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.50Aug 210.410.46$0.4411.4%1640.19816
$59.00Aug 70.821.00$0.9119.8%990.436.4K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.50Aug 210.230.26$0.2512.0%7.7K0.1122
$56.00Aug 210.610.74$0.6819.1%2.0K0.269.4K
$57.00Aug 210.911.04$0.9813.3%2.8K0.3413.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 117 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 3110.2011.15$10.688.9%41.0012
$52.00Jul 316.206.70$6.457.8%41.0055
$49.00Jul 319.209.70$9.455.3%40.992
$50.00Jul 318.208.70$8.455.9%70.9920
$51.00Jul 317.207.70$7.456.7%30.9952
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Jul 315.355.85$5.608.9%11.001
$68.00Aug 79.359.85$9.605.2%11.00--
$62.00Jul 313.403.85$3.6312.4%550.962
$61.50Jul 312.953.40$3.1814.2%10.941
$65.00Aug 216.406.90$6.657.5%--0.9318

Most actively traded options today. High liquidity = easy entry/exit. 269 active (total vol 62.6K, top 7.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Aug 210.510.69$0.6030.0%6.1K0.2430.0K
$60.00Jul 310.240.37$0.3141.9%6.0K0.247.6K
$58.50Jul 310.640.94$0.7938.0%2.8K0.50400
$64.00Aug 210.240.47$0.3663.9%2.0K0.156.5K
$59.00Aug 211.361.64$1.5018.7%1.8K0.477.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.50Aug 210.230.26$0.2512.0%7.7K0.1122
$58.00Jul 310.390.65$0.5250.0%2.9K0.40420
$57.00Aug 210.911.04$0.9813.3%2.8K0.3413.1K
$57.50Aug 210.991.42$1.2135.5%2.7K0.398.4K
$56.00Aug 210.610.74$0.6819.1%2.0K0.269.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 65 strikes (avg 45.1%, max 134.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 31Aug 2174.1%34.7%113.7%433
$70.00Jul 31Aug 2870.3%33.2%111.7%3199
$50.00Jul 31Aug 2866.6%32.9%102.7%731
$67.00Jul 31Aug 2158.1%30.7%89.1%33142
$48.00Jul 31Aug 2171.9%38.7%85.8%4151
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 31Sep 474.1%31.6%134.2%640
$50.00Jul 31Sep 466.6%30.5%118.2%7973
$48.00Jul 31Aug 2871.9%35.8%101.2%4349
$51.00Jul 31Aug 2859.1%30.5%93.5%4206
$52.50Jul 31Aug 2847.9%29.2%63.8%632

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 106 found (best R:R 22.53, avg 2.32)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$66.00$70.00Aug 28$0.17$3.83$0.1722.53$66.17
$68.00$69.00Aug 21$0.12$0.88$0.127.33$68.12
$64.00$65.00Sep 4$0.12$0.88$0.127.33$64.12
$65.00$66.00Aug 14$0.14$0.86$0.146.14$65.14
$63.00$64.00Aug 28$0.14$0.86$0.146.14$63.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.00$50.00Sep 4$0.14$1.86$0.1413.29$51.86
$54.00$53.00Sep 4$0.14$0.86$0.146.14$53.86
$58.00$57.50Jul 31$0.11$0.39$0.113.55$57.89
$56.50$56.00Aug 7$0.11$0.39$0.113.55$56.39
$56.00$55.50Aug 14$0.11$0.39$0.113.55$55.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 136 found (best R:R 29.00, avg 1.58)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$53.00Aug 14$2.90$2.90$0.1029.00$52.90
$53.00$54.00Aug 28$0.85$0.85$0.155.67$53.85
$55.00$55.50Aug 21$0.40$0.40$0.104.00$55.40
$55.50$56.00Aug 28$0.40$0.40$0.104.00$55.90
$56.00$56.50Aug 28$0.40$0.40$0.104.00$56.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$65.00$63.00Aug 21$1.83$1.83$0.1710.76$63.17
$63.00$61.00Aug 7$1.79$1.79$0.218.52$61.21
$65.00$60.50Sep 4$3.68$3.68$0.824.49$61.32
$62.00$60.00Aug 14$1.63$1.63$0.374.41$60.37
$61.00$60.00Aug 7$0.81$0.81$0.194.26$60.19

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $0.22, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$64.00Jul 31Aug 7$0.0545.4%32.5%
$65.00Jul 31Aug 7$0.0550.3%37.3%
$63.50Jul 31Aug 7$0.0744.3%32.6%
$67.00Jul 31Aug 21$0.0858.1%30.7%
$49.00Jul 31Aug 21$0.1074.1%34.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 31Aug 7$0.0644.4%34.8%
$53.50Jul 31Aug 7$0.0840.8%33.8%
$54.00Jul 31Aug 7$0.0938.8%31.7%
$61.00Jul 31Aug 7$0.0936.3%30.0%
$51.50Aug 7Aug 14$0.0937.5%37.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 112 found (cheapest 2.72% of stock, avg 7.82%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$58.00Jul 31$1.07$0.52$1.59$56.41$59.592.72%
$58.50Jul 31$0.79$0.81$1.60$56.90$60.102.74%
$59.00Jul 31$0.57$1.08$1.65$57.35$60.652.83%
$57.50Jul 31$1.33$0.41$1.74$55.76$59.242.98%
$59.50Jul 31$0.46$1.38$1.84$57.66$61.343.15%
$57.00Jul 31$1.74$0.27$2.01$54.99$59.013.44%
$60.00Jul 31$0.31$1.79$2.10$57.90$62.103.60%
$56.50Jul 31$2.08$0.19$2.27$54.23$58.773.89%
$59.00Aug 7$0.91$1.42$2.33$56.67$61.333.99%
$58.00Aug 7$1.47$0.89$2.36$55.64$60.364.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.46% of stock, avg 3.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$61.00$56.00Jul 31$0.15$0.12$0.27$55.73$61.27
$60.50$56.00Jul 31$0.18$0.12$0.30$55.70$60.80
$61.00$56.50Jul 31$0.15$0.19$0.34$56.16$61.34
$60.50$56.50Jul 31$0.18$0.19$0.37$56.13$60.87
$61.00$57.00Jul 31$0.15$0.27$0.42$56.58$61.42
$60.00$56.00Jul 31$0.31$0.12$0.43$55.57$60.43
$60.50$57.00Jul 31$0.18$0.27$0.45$56.55$60.95
$60.00$56.50Jul 31$0.31$0.19$0.50$56.00$60.50
$61.00$57.50Jul 31$0.15$0.41$0.56$56.94$61.56
$59.50$56.00Jul 31$0.46$0.12$0.58$55.42$60.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 60 found (best R:R 6.69, avg credit $0.53)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
58/5962/64Sep 4$0.87$0.136.69$58.13$63.37
56/5862/64Sep 4$0.82$0.184.56$56.68$63.32
56/5859/60Sep 4$0.80$0.204.00$56.70$59.80
56/5858/59Sep 4$0.79$0.213.76$56.71$59.29
52/5356/57Aug 28$0.39$0.113.55$52.61$56.89
55/5657/58Aug 28$0.39$0.113.55$55.11$57.39
56/5656/57Aug 28$0.39$0.113.55$55.61$56.89
60/6062/62Sep 4$0.39$0.113.55$59.61$61.89
56/5657/58Sep 4$0.38$0.123.17$56.12$57.38
56/5658/58Sep 4$0.37$0.132.85$56.13$58.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$48.00$49.00$50.00Aug 21$0.06$0.9415.67
$63.00$64.00$65.00Aug 28$0.06$0.9415.67
$52.00$53.00$54.00Aug 28$0.07$0.9313.29
$60.00$61.00$62.00Aug 14$0.08$0.9211.50
$47.00$48.00$49.00Aug 21$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$53.50$54.00$54.50Aug 7$0.05$0.459.00
$53.50$54.00$54.50Aug 21$0.05$0.459.00
$56.50$57.00$57.50Jul 31$0.06$0.447.33
$52.00$52.50$53.00Aug 7$0.06$0.447.33
$54.50$55.00$55.50Aug 7$0.06$0.447.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 110 found (best net $--, 105 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$70.001:2Aug 14$0.00$4.00
$68.00$70.001:2Jul 31$0.00$2.00
$66.00$68.001:2Aug 7-$0.01$1.99
$68.00$70.001:2Aug 7-$0.01$1.99
$66.00$67.001:2Aug 21-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$62.00$60.001:2Aug 14-$0.67$1.33
$49.00$48.001:2Jul 31$0.00$1.00
$63.00$61.001:2Aug 7-$1.05$0.95
$49.00$48.001:2Aug 21-$0.05$0.95
$52.00$51.001:2Aug 21-$0.07$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 3.44%, avg 1.05%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$58.50Sep 4$2.010.520.2%3.44%3.68%126
$58.50Aug 28$1.740.520.2%2.98%3.22%2619
$59.00Sep 4$1.600.481.1%2.74%3.84%3--
$58.50Aug 21$1.590.520.2%2.72%2.96%13296
$59.00Aug 28$1.440.481.1%2.47%3.56%374
$59.00Aug 21$1.360.471.1%2.33%3.43%1.8K7.8K
$60.00Sep 4$1.360.422.8%2.33%5.14%1219
$58.50Aug 14$1.340.520.2%2.30%2.54%10133
$59.50Aug 28$1.320.441.9%2.26%4.22%1035
$59.50Aug 21$1.160.431.9%1.99%3.94%30569

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 83,867
Total Puts 59,327
Put/Call Ratio 0.71
Net Difference 24,540

Prior's Put/Call Breakdown

Total Calls 84,841
Total Puts 114,216
Put/Call Ratio 1.35
Net Difference -29,375

Prior 7-Day Put/Call Summary

Total Calls 659,610
Total Puts 348,994
Average Put/Call Ratio 0.56
Ratio Trend Falling

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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