Tour v477
XLE
State StreetEngySelSectSPDRETF
$59.55 +1.00%
$59.97 (+0.71%)🌙
as of 07/31 06:08 PM
7/31 18:08

Option Volume

Detail
Current (07/31) 73,958
Calls: 49,305 (67%)
Puts: 24,653 (33%)
Prior (07/30) 112,512
Calls: 65,732 (58%)
Puts: 46,780 (42%)
Current vs Prior -34.27%
Calls: -24.99% (Calls)
Puts: -47.30% (Puts)
Prior 7-Day Total 1,024,265
Calls: 594,134 (58%)
Puts: 430,131 (42%)
Prior 7-Day Average 146,323
Calls: 84,876 (58%)
Puts: 61,447 (42%)
Current vs Prior 7-Day Avg -49.46%
Calls: -41.91%
Puts: -59.88%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $11.21M
Calls: $8.54M (76%)
Puts: $2.66M (24%)
Prior (07/30) $17.62M
Calls: $12.32M (70%)
Puts: $5.30M (30%)
Current vs Prior -36.39%
Calls: -30.66%
Puts: -49.71%
Prior 7-Day Total $162.33M
Calls: $110.90M (68%)
Puts: $51.43M (32%)
Prior 7-Day Average $23.19M
Calls: $15.84M (68%)
Puts: $7.35M (32%)
Current vs Prior 7-Day Avg -51.67%
Calls: -46.07%
Puts: -63.74%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.50
Prior (07/30) 0.71
Current vs Prior -29.74%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg -38.76%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 4,410,092
Calls: 1,768,295 (40%)
Puts: 2,641,797 (60%)
Prior (07/30) 2,223,308
Calls: 1,100,591 (50%)
Puts: 1,122,717 (50%)
Current vs Prior +98.36%
Prior 7-Day Total 19,805,720
Calls: 9,358,816 (47%)
Puts: 10,446,904 (53%)
Prior 7-Day Average 2,829,388
Calls: 1,336,973 (47%)
Puts: 1,492,414 (53%)
Current vs Prior 7-Day Avg +55.87%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.97% | 3.09%5.34% | 8.35%
Prior 1.78% | 3.75%5.73% | 9.11%
Current vs Prior +73.50% | +18.72%-6.85% | -8.37%
Prior 7-Day Avg 2.63% | 4.38%6.27% | 9.43%
Current vs 7-Day Avg +17.36% | +1.52%-14.87% | -11.52%
Prior 7-Day Eod 1.78% | 3.75%5.73% | 9.11%
Current vs 7-Day Eod +73.50% | +18.72%-6.85% | -8.37%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.88% | 9.50%
Calls: 25.00% | 3.77%
Puts: 18.75% | 15.22%
Prior 10.14% | 10.20%
Calls: 10.81% | 10.40%
Puts: 9.46% | 10.00%
Current vs Prior +115.78% | -6.86%
Prior 7-Day Avg 24.45% | 19.05%
Calls: 22.06% | 11.05%
Puts: 26.84% | 27.06%
Current vs 7-Day Avg -10.52% | -50.14%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($8.54M) vs puts ($2.66M). Bullish P/C ratio of 0.50. P/C ratio dropping 30% - sentiment shifting bullish. 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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 42 of results (avg 6.9%, best 3.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Aug 218.608.90$8.753.4%--0.97117
$50.00Aug 149.509.85$9.683.6%--1.0050
$52.00Aug 217.607.90$7.753.9%200.96554
$53.00Aug 216.656.95$6.804.4%130.95497
$54.00Aug 75.505.75$5.634.4%30.97366
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 215.355.65$5.505.5%--0.9024
$64.00Aug 214.454.70$4.585.5%700.86--
$63.00Aug 213.603.85$3.736.7%10.803
$61.50Aug 212.452.63$2.547.1%50.683
$62.50Aug 72.883.10$2.997.4%10.97--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.67, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 210.140.17$0.1618.8%700.098.1K
$62.50Aug 210.440.53$0.4918.4%5750.231.1K
$61.00Aug 140.590.72$0.6619.7%360.33129
$61.50Aug 210.690.79$0.7413.5%8490.32414
$60.50Aug 140.760.92$0.8419.0%210.398
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.50Aug 210.360.43$0.4017.5%4290.191.7K
$57.00Aug 210.460.55$0.5117.6%4270.2315.6K
$57.50Aug 210.560.65$0.6114.8%160.278.1K
$58.00Aug 210.700.80$0.7513.3%1790.324.6K
$59.00Aug 140.820.97$0.9016.7%40.4239

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 122 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 149.509.85$9.683.6%--1.0050
$50.00Aug 79.4510.00$9.735.7%21.0010
$48.00Jul 3110.8011.75$11.288.4%101.0027
$50.00Jul 318.3010.40$9.3522.5%51.0024
$52.00Jul 317.158.30$7.7314.9%21.0058
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Jul 310.230.73$0.48104.2%541.001.1K
$60.50Jul 310.741.04$0.8933.7%31.00112
$61.00Jul 311.161.74$1.4540.0%51.005
$62.00Jul 312.162.73$2.4523.3%121.00--
$62.50Aug 72.883.10$2.997.4%10.97--

Most actively traded options today. High liquidity = easy entry/exit. 269 active (total vol 54.3K, top 10.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 211.251.35$1.307.7%10.1K0.4778.2K
$62.00Aug 210.550.69$0.6222.6%4.4K0.2725.7K
$63.00Aug 210.350.43$0.3920.5%2.6K0.196.1K
$60.50Aug 70.260.51$0.3964.1%2.3K0.331.5K
$59.50Jul 310.000.20$0.10200.0%2.1K0.592.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Aug 70.020.09$0.06116.7%2.5K0.05495
$59.00Jul 310.000.01$0.01100.0%1.1K0.043.0K
$59.00Aug 70.450.61$0.5330.2%1.0K0.372.9K
$60.50Aug 211.641.96$1.8017.8%9300.59165
$56.00Aug 210.300.39$0.3525.7%8680.1614.1K

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 1861.1%, max 6852.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 31Sep 42297.1%33.0%6852.4%169
$68.00Jul 31Aug 212042.2%29.8%6764.6%--2.5K
$54.50Jul 31Aug 281708.5%28.3%5943.2%5298
$64.50Jul 31Sep 111542.2%27.0%5608.1%377
$65.00Jul 31Sep 41618.9%28.5%5572.1%3173
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.50Jul 31Sep 111708.5%26.8%6279.0%2479
$49.00Jul 31Sep 41057.4%34.0%3011.3%246
$55.50Jul 31Sep 4758.5%25.8%2836.4%6200
$51.00Jul 31Sep 4864.3%30.3%2751.8%--216
$64.00Jul 31Aug 21728.9%26.3%2667.2%71--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 89 found (best R:R 29.77, avg 2.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$66.00$70.00Aug 28$0.13$3.87$0.1329.77$66.13
$66.00$70.00Sep 4$0.18$3.82$0.1821.22$66.18
$63.00$64.00Aug 28$0.10$0.90$0.109.00$63.10
$65.00$66.00Sep 4$0.13$0.87$0.136.69$65.13
$64.00$65.00Aug 28$0.19$0.81$0.194.26$64.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$59.50$59.00Jul 31$0.11$0.39$0.113.55$59.39
$57.00$56.50Aug 21$0.11$0.39$0.113.55$56.89
$54.50$54.00Sep 4$0.12$0.38$0.123.17$54.38
$56.00$55.00Sep 11$0.26$0.74$0.262.85$55.74
$55.50$55.00Jul 31$0.14$0.36$0.142.57$55.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 119 found (best R:R 15.67, avg 1.63)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$48.00$50.00Sep 11$1.88$1.88$0.1215.67$49.88
$52.00$53.00Aug 28$0.90$0.90$0.109.00$52.90
$55.00$56.00Sep 4$0.85$0.85$0.155.67$55.85
$50.00$58.50Sep 11$7.15$7.15$1.355.30$57.15
$50.00$51.00Jul 31$0.80$0.80$0.204.00$50.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$62.50$61.00Aug 7$1.34$1.34$0.168.38$61.16
$64.00$63.00Aug 21$0.85$0.85$0.155.67$63.15
$60.00$59.50Jul 31$0.36$0.36$0.142.57$59.64
$65.00$59.50Sep 4$3.91$3.91$1.592.46$61.09
$60.50$60.00Aug 7$0.35$0.35$0.152.33$60.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 33 found (avg debit $0.31, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$54.00Jul 31Aug 7$0.06577.2%38.5%
$62.00Jul 31Aug 7$0.08236.8%21.8%
$49.00Jul 31Aug 21$0.101057.4%38.4%
$61.50Jul 31Aug 7$0.14194.8%22.0%
$57.00Jul 31Aug 7$0.15261.9%28.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$56.50Jul 31Aug 7$0.10306.8%29.9%
$57.00Jul 31Aug 7$0.14261.9%28.8%
$57.50Jul 31Aug 7$0.19216.6%27.7%
$61.00Jul 31Aug 7$0.20151.1%24.8%
$65.00Aug 21Sep 4$0.2526.7%28.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 118 found (cheapest 0.37% of stock, avg 7.85%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$59.50Jul 31$0.10$0.12$0.22$59.28$59.720.37%
$60.00Jul 31$0.01$0.48$0.49$59.51$60.490.82%
$59.00Jul 31$0.50$0.01$0.51$58.49$59.510.86%
$60.50Jul 31$0.01$0.89$0.90$59.60$61.401.51%
$58.50Jul 31$1.07$0.02$1.09$57.41$59.591.83%
$61.00Jul 31$0.01$1.45$1.46$59.54$62.462.45%
$59.50Aug 7$0.88$0.69$1.57$57.93$61.072.64%
$60.00Aug 7$0.66$0.96$1.62$58.38$61.622.72%
$58.00Jul 31$1.66$0.01$1.67$56.33$59.672.80%
$60.50Aug 7$0.39$1.31$1.70$58.80$62.202.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.49% of stock, avg 3.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$62.00$57.50Aug 7$0.09$0.20$0.29$57.21$62.29
$61.50$57.50Aug 7$0.15$0.20$0.35$57.15$61.85
$62.00$58.00Aug 7$0.09$0.29$0.38$57.62$62.38
$62.00$58.50Aug 7$0.09$0.34$0.43$58.07$62.43
$61.50$58.00Aug 7$0.15$0.29$0.44$57.56$61.94
$61.50$58.50Aug 7$0.15$0.34$0.49$58.01$61.99
$61.00$57.50Aug 7$0.32$0.20$0.52$56.98$61.52
$60.50$57.50Aug 7$0.39$0.20$0.59$56.91$61.09
$61.00$58.00Aug 7$0.32$0.29$0.61$57.39$61.61
$62.00$59.00Aug 7$0.09$0.53$0.62$58.38$62.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 25 found (best R:R 6.14, avg credit $0.69)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
55/5659/60Sep 11$0.86$0.146.14$55.14$59.86
56/5657/58Sep 4$0.85$0.155.67$55.15$57.85
54/5457/58Sep 4$0.83$0.174.88$53.67$57.83
56/5658/59Sep 4$0.40$0.104.00$55.60$58.90
58/5858/59Sep 4$0.40$0.104.00$57.60$58.90
56/5759/60Sep 11$0.79$0.213.76$56.21$59.79
54/5460/60Sep 11$0.39$0.113.55$54.11$60.39
54/5458/59Sep 4$0.38$0.123.17$54.12$58.88
54/5460/60Sep 4$0.38$0.123.17$54.12$60.38
56/5659/60Sep 4$0.38$0.123.17$55.62$59.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$64.00$65.00$66.00Aug 14$0.06$0.9415.67
$61.00$62.00$63.00Aug 28$0.06$0.9415.67
$54.00$54.50$55.00Jul 31$0.05$0.459.00
$60.50$61.00$61.50Aug 14$0.05$0.459.00
$56.00$56.50$57.00Aug 21$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$63.00$64.00$65.00Aug 21$0.07$0.9313.29
$51.00$52.00$53.00Sep 4$0.09$0.9110.11
$59.50$60.00$60.50Jul 31$0.05$0.459.00
$56.00$56.50$57.00Sep 4$0.05$0.459.00
$58.50$59.00$59.50Sep 4$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. 117 found (best net $-0.10, 103 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$68.00$70.001:2Aug 7-$0.06$1.94
$67.00$68.001:2Aug 7$0.00$1.00
$66.00$67.001:2Aug 21-$0.05$0.95
$65.00$66.001:2Aug 21-$0.06$0.94
$68.00$70.001:2Jul 31-$1.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$53.00$50.001:2Sep 11-$0.10$2.90
$59.00$57.001:2Sep 11-$0.11$1.89
$62.50$61.001:2Aug 7-$0.31$1.19
$49.00$48.001:2Aug 21-$0.05$0.95
$51.00$50.001:2Sep 4-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 2.85%, avg 1.05%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$60.00Sep 11$1.700.490.8%2.85%3.61%3--
$60.00Sep 4$1.560.480.8%2.62%3.38%67149
$60.50Sep 11$1.470.451.6%2.47%4.06%1--
$60.50Sep 4$1.280.441.6%2.15%3.74%42
$60.50Aug 28$1.260.441.6%2.12%3.71%636
$61.00Sep 11$1.260.412.4%2.12%4.55%1--
$60.00Aug 21$1.250.470.8%2.10%2.85%10.1K78.2K
$60.00Aug 28$1.250.480.8%2.10%2.85%24216
$61.00Sep 4$1.080.402.4%1.81%4.25%312
$61.50Sep 11$1.070.383.3%1.80%5.07%1--

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 49,305
Total Puts 24,653
Put/Call Ratio 0.50
Net Difference 24,652

Prior's Put/Call Breakdown

Total Calls 65,732
Total Puts 46,780
Put/Call Ratio 0.71
Net Difference 18,952

Prior 7-Day Put/Call Summary

Total Calls 594,134
Total Puts 430,131
Average Put/Call Ratio 0.82
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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