Tour v492
XLE
State StreetEngySelSectSPDRETF
$57.31 -2.07%
$57.39 (+0.14%)🌙
as of 08/05 06:22 PM
8/5 18:22

Option Volume

Detail
Current (08/05) 177,386
Calls: 87,050 (49%)
Puts: 90,336 (51%)
Prior (08/04) 129,307
Calls: 81,009 (63%)
Puts: 48,298 (37%)
Current vs Prior +37.18%
Calls: +7.46% (Calls)
Puts: +87.04% (Puts)
Prior 7-Day Total 754,709
Calls: 444,369 (59%)
Puts: 310,340 (41%)
Prior 7-Day Average 107,815
Calls: 63,481 (59%)
Puts: 44,334 (41%)
Current vs Prior 7-Day Avg +64.53%
Calls: +37.13%
Puts: +103.76%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $21.01M
Calls: $9.01M (43%)
Puts: $12.00M (57%)
Prior (08/04) $23.48M
Calls: $16.47M (70%)
Puts: $7.01M (30%)
Current vs Prior -10.55%
Calls: -45.32%
Puts: +71.17%
Prior 7-Day Total $114.91M
Calls: $79.02M (69%)
Puts: $35.89M (31%)
Prior 7-Day Average $16.42M
Calls: $11.29M (69%)
Puts: $5.13M (31%)
Current vs Prior 7-Day Avg +27.97%
Calls: -20.19%
Puts: +134.00%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 1.04
Prior (08/04) 0.60
Current vs Prior +74.06%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +42.26%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 2,421,009
Calls: 1,190,369 (49%)
Puts: 1,230,640 (51%)
Prior (08/04) 2,195,990
Calls: 1,199,482 (55%)
Puts: 996,508 (45%)
Current vs Prior +10.25%
Prior 7-Day Total 22,086,487
Calls: 9,891,966 (45%)
Puts: 12,194,521 (55%)
Prior 7-Day Average 3,155,212
Calls: 1,413,138 (45%)
Puts: 1,742,074 (55%)
Current vs Prior 7-Day Avg -23.27%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.27% | 3.87%4.75% | 7.22%
Prior 2.68% | 4.02%5.02% | 8.49%
Current vs Prior -15.45% | -3.54%-5.53% | -14.94%
Prior 7-Day Avg 2.67% | 4.15%5.58% | 8.95%
Current vs 7-Day Avg -15.15% | -6.76%-14.90% | -19.31%
Prior 7-Day Eod 2.68% | 4.02%5.02% | 8.49%
Current vs 7-Day Eod -15.45% | -3.54%-5.53% | -14.94%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 9.97% | 11.06%
Calls: 5.66% | 7.84%
Puts: 14.29% | 14.29%
Prior 10.16% | 11.10%
Calls: 10.67% | 12.28%
Puts: 9.64% | 9.92%
Current vs Prior -1.87% | -0.36%
Prior 7-Day Avg 11.23% | 9.71%
Calls: 12.58% | 9.85%
Puts: 9.87% | 9.57%
Current vs 7-Day Avg -11.23% | +13.89%
Liquidity Expensive
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.04. P/C ratio rising 74% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 29 of results (avg 7.2%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.390.40$0.402.5%12.7K0.2275.3K
$65.00Sep 180.250.26$0.263.8%2950.1044.8K
$48.00Aug 219.259.65$9.454.2%10.99--
$50.00Sep 187.557.90$7.734.5%1310.9316.0K
$49.00Sep 188.559.00$8.785.1%910.95408
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Aug 1410.5011.05$10.785.1%21.002
$60.00Sep 183.353.60$3.487.2%290.6715.4K
$62.00Aug 144.504.85$4.687.5%10.95--
$62.50Sep 185.205.65$5.438.3%200.813.0K
$61.00Aug 143.553.90$3.729.4%70.932

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.61, cheapest $0.26)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 180.250.26$0.263.8%2950.1044.8K
$60.00Aug 210.390.40$0.402.5%12.7K0.2275.3K
$59.00Aug 210.600.69$0.6513.8%1.1K0.3216.8K
$61.00Sep 180.770.88$0.8313.3%1.9K0.2715.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Sep 180.350.41$0.3815.8%6670.14110.1K
$56.00Aug 140.380.46$0.4219.0%1050.28263
$56.00Aug 210.590.72$0.6619.7%8.1K0.3213.8K
$54.00Sep 180.620.75$0.6918.8%4590.2310.2K
$56.00Aug 280.770.91$0.8416.7%300.34394

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 94 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.50Aug 77.658.25$7.957.5%21.009
$47.50Aug 79.6510.25$9.956.0%60.9933
$48.50Aug 78.659.25$8.956.7%60.9971
$49.00Aug 78.158.75$8.457.1%30.9968
$50.50Aug 76.657.30$6.989.3%80.999
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.00Aug 73.503.85$3.689.5%71.0013
$62.00Aug 74.354.85$4.6010.9%11.00--
$68.00Aug 1410.5011.05$10.785.1%21.002
$60.50Aug 72.853.35$3.1016.1%40.9716
$60.00Aug 72.472.93$2.7017.0%520.977.7K

Most actively traded options today. High liquidity = easy entry/exit. 251 active (total vol 118.7K, top 12.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.390.40$0.402.5%12.7K0.2275.3K
$61.00Aug 210.200.28$0.2433.3%7.8K0.1512.7K
$58.00Aug 210.951.14$1.0518.1%7.7K0.4435.5K
$60.00Aug 70.020.03$0.0333.3%4.6K0.042.4K
$59.00Aug 70.050.10$0.0862.5%2.2K0.129.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Sep 180.871.00$0.9413.8%12.4K0.29104.7K
$55.00Aug 210.350.43$0.3920.5%10.2K0.218.5K
$50.00Sep 180.100.25$0.1883.3%9.4K0.0746.7K
$57.50Sep 181.772.08$1.9316.1%8.3K0.5083.3K
$56.00Aug 210.590.72$0.6619.7%8.1K0.3213.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 53 strikes (avg 59.7%, max 222.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Aug 7Sep 1891.3%28.3%222.3%94476
$50.00Aug 7Sep 1884.7%27.6%206.5%13816.0K
$48.00Aug 7Aug 21114.5%38.7%196.1%1223
$63.50Aug 7Sep 1169.7%25.1%177.7%62290
$51.00Aug 7Sep 1870.1%26.1%167.9%1111.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$47.00Aug 7Aug 21126.3%41.1%207.4%36
$50.00Aug 7Sep 1884.7%27.6%206.5%9.5K46.9K
$53.00Aug 7Sep 1149.4%24.8%99.6%2--
$62.00Aug 7Aug 2156.0%28.9%93.8%3--
$54.00Aug 7Sep 1843.9%24.9%76.5%49710.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 101 found (best R:R 14.38, avg 2.24)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$62.50$65.00Sep 18$0.30$2.20$0.307.33$62.80
$63.50$65.00Sep 4$0.22$1.28$0.225.82$63.72
$61.00$62.00Aug 28$0.16$0.84$0.165.25$61.16
$61.00$62.50Sep 18$0.27$1.23$0.274.56$61.27
$62.00$63.00Sep 11$0.22$0.78$0.223.55$62.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$53.00$51.00Aug 28$0.13$1.87$0.1314.38$52.87
$52.00$50.00Sep 4$0.16$1.84$0.1611.50$51.84
$53.00$52.00Sep 4$0.10$0.90$0.109.00$52.90
$52.50$51.00Sep 18$0.16$1.34$0.168.38$52.34
$55.50$55.00Aug 14$0.10$0.40$0.104.00$55.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 122 found (best R:R 8.68, avg 1.26)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$53.00$56.00Aug 14$2.69$2.69$0.318.68$55.69
$55.00$56.00Aug 21$0.88$0.88$0.127.33$55.88
$50.00$51.00Sep 18$0.85$0.85$0.155.67$50.85
$54.00$55.00Sep 18$0.79$0.79$0.213.76$54.79
$55.50$56.00Aug 7$0.38$0.38$0.123.17$55.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$62.50$61.00Sep 18$1.25$1.25$0.255.00$61.25
$61.00$60.00Sep 11$0.82$0.82$0.184.56$60.18
$60.50$60.00Aug 7$0.40$0.40$0.104.00$60.10
$58.50$58.00Aug 7$0.38$0.38$0.123.17$58.12
$59.00$58.50Aug 21$0.38$0.38$0.123.17$58.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 43 found (avg debit $0.27, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$61.00Aug 7Aug 14$0.0642.1%27.0%
$63.00Aug 14Aug 21$0.0630.2%28.2%
$66.00Aug 21Aug 28$0.0633.3%32.4%
$64.00Aug 21Aug 28$0.0730.2%29.7%
$62.50Aug 7Aug 21$0.1056.3%28.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$54.00Aug 7Aug 14$0.0543.9%26.1%
$52.00Aug 14Aug 21$0.0532.8%29.7%
$48.00Aug 21Aug 28$0.0538.7%38.7%
$60.00Aug 7Aug 14$0.0635.8%29.0%
$62.00Aug 7Aug 14$0.0856.0%30.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 82 found (cheapest 1.80% of stock, avg 6.47%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$57.00Aug 7$0.70$0.33$1.03$55.97$58.031.80%
$57.50Aug 7$0.46$0.60$1.06$56.44$58.561.85%
$58.00Aug 7$0.24$0.89$1.13$56.87$59.131.97%
$56.50Aug 7$1.05$0.20$1.25$55.25$57.752.18%
$58.50Aug 7$0.14$1.27$1.41$57.09$59.912.46%
$56.00Aug 7$1.52$0.11$1.63$54.37$57.632.84%
$59.00Aug 7$0.08$1.70$1.78$57.22$60.783.11%
$57.50Aug 14$0.93$1.02$1.95$55.55$59.453.40%
$57.00Aug 14$1.20$0.79$1.99$55.01$58.993.47%
$55.50Aug 7$1.90$0.14$2.04$53.46$57.543.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.24% of stock, avg 2.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$59.50$56.00Aug 7$0.03$0.11$0.14$55.86$59.64
$59.50$55.50Aug 7$0.03$0.14$0.17$55.33$59.67
$59.00$56.00Aug 7$0.08$0.11$0.19$55.81$59.19
$59.00$55.50Aug 7$0.08$0.14$0.22$55.28$59.22
$59.50$56.50Aug 7$0.03$0.20$0.23$56.27$59.73
$58.50$56.00Aug 7$0.14$0.11$0.25$55.75$58.75
$58.50$55.50Aug 7$0.14$0.14$0.28$55.22$58.78
$59.00$56.50Aug 7$0.08$0.20$0.28$56.22$59.28
$58.50$56.50Aug 7$0.14$0.20$0.34$56.16$58.84
$58.00$56.00Aug 7$0.24$0.11$0.35$55.65$58.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 167 found (best R:R 6.69, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
54/5556/57Sep 18$0.87$0.136.69$54.13$56.87
59/6062/63Sep 11$0.85$0.155.67$59.15$62.85
55/5656/56Aug 21$0.40$0.104.00$55.10$56.40
55/5656/57Aug 14$0.39$0.113.55$55.11$56.89
56/5758/58Aug 14$0.39$0.113.55$56.61$58.39
54/5456/56Aug 21$0.39$0.113.55$54.11$56.39
54/5456/57Aug 21$0.39$0.113.55$54.11$56.89
54/5457/58Aug 21$0.39$0.113.55$54.11$57.39
57/5860/61Aug 28$0.39$0.113.55$57.11$60.89
58/5860/61Aug 28$0.39$0.113.55$58.11$60.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 53 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$55.00$56.00$57.00Sep 18$0.08$0.9211.50
$62.50$65.00$67.50Sep 18$0.21$2.2910.90
$54.00$55.00$56.00Sep 18$0.09$0.9110.11
$59.00$59.50$60.00Aug 7$0.05$0.459.00
$56.00$56.50$57.00Aug 14$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$49.00$50.00$51.00Aug 21$0.07$0.9313.29
$54.00$55.00$56.00Sep 18$0.09$0.9110.11
$47.00$48.00$49.00Aug 21$0.10$0.909.00
$54.50$55.00$55.50Aug 21$0.05$0.459.00
$51.00$52.50$54.00Sep 18$0.15$1.359.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-0.03, 98 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$65.00$67.501:2Sep 18-$0.08$2.42
$48.00$52.001:2Aug 21-$1.61$2.39
$59.00$61.001:2Sep 11-$0.02$1.98
$63.50$65.001:2Aug 14$0.00$1.50
$61.00$62.501:2Sep 18-$0.29$1.21
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$53.00$50.001:2Aug 7-$0.03$2.97
$50.00$47.001:2Aug 7-$0.04$2.96
$51.00$48.001:2Aug 28-$0.05$2.95
$52.50$51.001:2Sep 18-$0.06$1.44
$54.00$52.501:2Sep 18-$0.07$1.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 3.39%, avg 0.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$57.50Sep 18$1.940.510.3%3.39%3.72%5512.2K
$58.00Sep 11$1.530.471.2%2.67%3.87%11613
$57.50Aug 28$1.400.500.3%2.44%2.77%632
$57.50Sep 4$1.400.500.3%2.44%2.77%64
$59.00Sep 18$1.250.393.0%2.18%5.13%637.0K
$58.50Sep 4$1.200.412.1%2.09%4.17%242.1K
$58.00Aug 28$1.190.451.2%2.08%3.28%763
$59.00Sep 11$1.140.393.0%1.99%4.94%11611
$60.00Sep 18$1.070.334.7%1.87%6.56%1.7K57.7K
$57.50Aug 21$1.050.500.3%1.83%2.16%68170

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 87,050
Total Puts 90,336
Put/Call Ratio 1.04
Net Difference -3,286

Prior's Put/Call Breakdown

Total Calls 81,009
Total Puts 48,298
Put/Call Ratio 0.60
Net Difference 32,711

Prior 7-Day Put/Call Summary

Total Calls 444,369
Total Puts 310,340
Average Put/Call Ratio 0.73
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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