Tour v452
XLE
State StreetEngySelSectSPDRETF
$57.57 -1.35%
$57.75 (+0.31%)🌙
as of 07/28 06:12 PM
7/28 18:12

Option Volume

Detail
Current (07/28) 96,619
Calls: 41,411 (43%)
Puts: 55,208 (57%)
Prior (07/27) 143,194
Calls: 83,867 (59%)
Puts: 59,327 (41%)
Current vs Prior -32.53%
Calls: -50.62% (Calls)
Puts: -6.94% (Puts)
Prior 7-Day Total 1,030,030
Calls: 679,448 (66%)
Puts: 350,582 (34%)
Prior 7-Day Average 147,147
Calls: 97,064 (66%)
Puts: 50,083 (34%)
Current vs Prior 7-Day Avg -34.34%
Calls: -57.34%
Puts: +10.23%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28) $15.86M
Calls: $7.25M (46%)
Puts: $8.61M (54%)
Prior (07/27) $23.75M
Calls: $17.90M (75%)
Puts: $5.85M (25%)
Current vs Prior -33.23%
Calls: -59.48%
Puts: +47.04%
Prior 7-Day Total $166.69M
Calls: $126.49M (76%)
Puts: $40.20M (24%)
Prior 7-Day Average $23.81M
Calls: $18.07M (76%)
Puts: $5.74M (24%)
Current vs Prior 7-Day Avg -33.39%
Calls: -59.86%
Puts: +49.89%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28) 1.33
Prior (07/27) 0.71
Current vs Prior +88.46%
Prior 7-Day Average 0.53
Current vs Prior 7-Day Avg +150.80%
Sentiment BEARISH

Open Interest

Detail
Current (07/28) 2,317,477
Calls: 1,165,036 (50%)
Puts: 1,152,441 (50%)
Prior (07/27) 4,303,103
Calls: 1,678,225 (39%)
Puts: 2,624,878 (61%)
Current vs Prior -46.14%
Prior 7-Day Total 25,942,945
Calls: 11,098,931 (43%)
Puts: 14,844,014 (57%)
Prior 7-Day Average 3,706,135
Calls: 1,585,561 (43%)
Puts: 2,120,573 (57%)
Current vs Prior 7-Day Avg -37.47%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.74% | 4.22%6.04% | 9.36%
Prior 3.22% | 4.64%5.98% | 9.37%
Current vs Prior -14.80% | -9.10%+1.08% | -0.11%
Prior 7-Day Avg 2.78% | 4.50%5.79% | 9.33%
Current vs 7-Day Avg -1.42% | -6.30%+4.47% | +0.34%
Prior 7-Day Eod 3.22% | 4.64%5.98% | 9.37%
Current vs 7-Day Eod -14.80% | -9.10%+1.08% | -0.11%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 10.37% | 9.51%
Calls: 10.34% | 7.81%
Puts: 10.39% | 11.21%
Prior 6.91% | 8.06%
Calls: 6.74% | 8.66%
Puts: 7.07% | 7.46%
Current vs Prior +50.07% | +17.99%
Prior 7-Day Avg 28.59% | 17.60%
Calls: 25.08% | 8.94%
Puts: 32.12% | 26.26%
Current vs 7-Day Avg -63.73% | -45.96%
Liquidity Expensive
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🤖 AI Insights

Bearish P/C ratio of 1.33 indicates protective positioning. P/C ratio rising 88% - increased hedging/bearish positioning. Declining open interest (down 46%) 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 BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 7 of results (avg 8.3%, best 6.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 319.259.90$9.576.8%231.0013
$49.00Jul 318.358.95$8.656.9%230.995
$50.00Jul 317.357.95$7.657.8%70.9917
$50.00Aug 217.458.15$7.809.0%20.96--
$50.00Aug 287.508.25$7.889.5%100.9511
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 217.107.70$7.408.1%10.9518

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.50, cheapest $0.11)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 210.100.12$0.1118.2%1150.068.1K
$59.00Aug 140.810.96$0.8916.9%490.36201
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 319.259.90$9.576.8%231.0013
$49.00Jul 318.358.95$8.656.9%230.995
$50.00Jul 317.357.95$7.657.8%70.9917
$51.00Jul 316.306.95$6.639.8%30.9953
$51.50Jul 315.756.45$6.1011.5%30.993
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.50Jul 313.604.20$3.9015.4%11.002
$60.00Jul 312.072.66$2.3724.9%210.961.1K
$65.00Aug 77.108.30$7.7015.6%10.95--
$65.00Aug 217.107.70$7.408.1%10.9518
$63.00Aug 75.105.80$5.4512.8%10.956

Most actively traded options today. High liquidity = easy entry/exit. 246 active (total vol 72.2K, top 15.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.690.94$0.8230.5%8.3K0.3168.8K
$60.00Jul 310.070.10$0.0933.3%3.9K0.1012.0K
$62.00Aug 210.310.46$0.3938.5%1.5K0.1726.8K
$65.00Aug 140.010.16$0.09166.7%1.1K0.05291
$60.50Aug 70.200.29$0.2536.0%8790.17451
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 72.482.94$2.7117.0%15.1K0.7915.1K
$57.50Aug 211.311.61$1.4620.5%7.7K0.479.7K
$53.50Aug 210.220.33$0.2839.3%7.6K0.137.5K
$57.00Aug 211.081.40$1.2425.8%7.1K0.4213.1K
$57.50Jul 310.390.71$0.5558.2%1.5K0.457.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 51 strikes (avg 38.7%, max 157.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$67.00Jul 31Aug 2185.2%33.0%157.9%13--
$50.00Jul 31Aug 2867.7%29.9%126.3%1728
$65.00Jul 31Aug 2862.3%31.5%97.6%22245
$64.00Jul 31Sep 453.1%28.9%83.6%1310
$60.50Jul 31Sep 444.4%27.9%58.8%3051.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 31Aug 2176.6%33.5%128.4%121.8K
$51.00Jul 31Aug 2159.9%31.2%91.9%4554.1K
$53.00Jul 31Sep 445.8%27.1%68.8%81.0K
$52.00Jul 31Sep 447.1%28.3%66.7%31179
$60.50Jul 31Aug 2844.4%28.6%55.0%153

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 99 found (best R:R 12.33, avg 1.98)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$64.00$66.00Sep 4$0.15$1.85$0.1512.33$64.15
$62.00$63.00Aug 28$0.12$0.88$0.127.33$62.12
$62.00$63.00Sep 4$0.14$0.86$0.146.14$62.14
$60.00$61.00Aug 14$0.19$0.81$0.194.26$60.19
$61.00$61.50Aug 14$0.10$0.40$0.104.00$61.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$53.00$52.00Aug 21$0.12$0.88$0.127.33$52.88
$53.00$52.00Sep 4$0.12$0.88$0.127.33$52.88
$54.00$53.00Aug 28$0.15$0.85$0.155.67$53.85
$54.00$53.00Aug 14$0.18$0.82$0.184.56$53.82
$54.00$53.00Sep 4$0.19$0.81$0.194.26$53.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 18.44, avg 1.65)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$51.50$55.00Jul 31$3.32$3.32$0.1818.44$54.82
$50.00$52.00Aug 21$1.87$1.87$0.1314.38$51.87
$50.00$53.00Aug 28$2.75$2.75$0.2511.00$52.75
$52.50$55.00Aug 7$2.27$2.27$0.239.87$54.77
$53.00$55.00Aug 14$1.72$1.72$0.286.14$54.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$65.00$62.50Aug 21$2.35$2.35$0.1515.67$62.65
$62.00$61.00Aug 21$0.84$0.84$0.165.25$61.16
$59.50$58.50Aug 14$0.75$0.75$0.253.00$58.75
$58.50$58.00Jul 31$0.35$0.35$0.152.33$58.15
$57.00$56.50Aug 28$0.35$0.35$0.152.33$56.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $0.24, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$64.00Jul 31Aug 7$0.0653.1%38.1%
$62.50Jul 31Aug 7$0.0744.6%32.1%
$65.00Jul 31Aug 14$0.0762.3%33.5%
$62.00Jul 31Aug 7$0.0938.7%31.5%
$60.50Jul 31Aug 7$0.1144.4%29.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$51.00Jul 31Aug 14$0.0859.9%34.5%
$53.50Jul 31Aug 7$0.1041.2%33.0%
$60.50Jul 31Aug 7$0.1044.4%29.8%
$54.00Jul 31Aug 7$0.1238.7%30.8%
$50.50Aug 14Aug 28$0.1234.9%32.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 77 found (cheapest 2.31% of stock, avg 6.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$57.50Jul 31$0.78$0.55$1.33$56.17$58.832.31%
$58.00Jul 31$0.56$0.80$1.36$56.64$59.362.36%
$57.00Jul 31$1.05$0.35$1.40$55.60$58.402.43%
$58.50Jul 31$0.34$1.15$1.49$57.01$59.992.59%
$56.50Jul 31$1.44$0.20$1.64$54.86$58.142.85%
$59.00Jul 31$0.21$1.59$1.80$57.20$60.803.13%
$56.00Jul 31$1.88$0.12$2.00$54.00$58.003.47%
$59.50Jul 31$0.13$1.92$2.05$57.45$61.553.56%
$57.00Aug 7$1.48$0.71$2.19$54.81$59.193.80%
$57.50Aug 7$1.19$1.01$2.20$55.30$59.703.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.35% of stock, avg 3.18%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$59.50$55.50Jul 31$0.13$0.07$0.20$55.30$59.70
$60.50$55.50Jul 31$0.14$0.07$0.21$55.29$60.71
$59.50$56.00Jul 31$0.13$0.12$0.25$55.75$59.75
$60.50$56.00Jul 31$0.14$0.12$0.26$55.74$60.76
$59.00$55.50Jul 31$0.21$0.07$0.28$55.22$59.28
$59.00$56.00Jul 31$0.21$0.12$0.33$55.67$59.33
$59.50$56.50Jul 31$0.13$0.20$0.33$56.17$59.83
$60.50$56.50Jul 31$0.14$0.20$0.34$56.16$60.84
$58.50$55.50Jul 31$0.34$0.07$0.41$55.09$58.91
$59.00$56.50Jul 31$0.21$0.20$0.41$56.09$59.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 121 found (best R:R 6.69, avg credit $0.44)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
52/5354/55Aug 21$0.87$0.136.69$52.13$54.87
53/5455/56Aug 28$0.87$0.136.69$53.13$55.87
54/5455/56Aug 28$0.87$0.136.69$53.63$55.87
54/5556/57Aug 21$0.85$0.155.67$54.15$56.85
52/5356/57Aug 21$0.82$0.184.56$52.18$56.82
56/5656/57Aug 14$0.40$0.104.00$55.60$56.90
59/6060/61Sep 4$0.80$0.204.00$59.20$61.30
58/5860/60Aug 7$0.39$0.113.55$58.11$59.89
56/5657/58Aug 21$0.39$0.113.55$55.61$57.39
54/5459/60Aug 28$0.39$0.113.55$54.11$59.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$62.00$63.00$64.00Aug 28$0.08$0.9211.50
$57.00$57.50$58.00Jul 31$0.05$0.459.00
$58.50$59.00$59.50Jul 31$0.05$0.459.00
$60.00$60.50$61.00Aug 21$0.05$0.459.00
$55.00$56.00$57.00Aug 28$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$61.00$63.00$65.00Aug 7$0.08$1.9224.00
$52.00$53.00$54.00Sep 4$0.07$0.9313.29
$51.00$52.00$53.00Aug 21$0.09$0.9110.11
$56.50$57.00$57.50Jul 31$0.05$0.459.00
$57.50$58.00$58.50Aug 7$0.05$0.459.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 88 found (best net $-0.01, 85 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$64.00$66.001:2Sep 4-$0.06$1.94
$65.00$67.001:2Jul 31-$0.08$1.92
$52.50$55.001:2Aug 7-$0.69$1.81
$62.50$64.001:2Jul 31-$0.02$1.48
$66.00$67.001:2Aug 21-$0.09$0.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$51.00$49.001:2Jul 31-$0.01$1.99
$52.00$50.001:2Aug 7-$0.07$1.93
$53.00$51.501:2Aug 14-$0.01$1.49
$52.00$50.501:2Aug 28-$0.15$1.35
$53.00$52.001:2Jul 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. 60 found (best yield 2.97%, avg 0.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$58.00Sep 4$1.710.490.8%2.97%3.72%6--
$58.00Aug 28$1.600.490.8%2.78%3.53%1177
$58.50Sep 4$1.490.451.6%2.59%4.20%19518
$58.00Aug 21$1.290.480.8%2.24%2.99%24035.3K
$59.00Sep 4$1.280.412.5%2.22%4.71%433
$58.50Aug 28$1.230.441.6%2.14%3.75%134
$58.00Aug 14$1.140.470.8%1.98%2.73%59173
$58.50Aug 21$1.100.441.6%1.91%3.53%31304
$59.50Sep 4$1.100.383.4%1.91%5.26%458
$59.00Aug 28$1.050.402.5%1.82%4.31%2172

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 41,411
Total Puts 55,208
Put/Call Ratio 1.33
Net Difference -13,797

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 679,448
Total Puts 350,582
Average Put/Call Ratio 0.53
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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