Tour v528
XLE
State StreetEngySelSectSPDRETF
$64.03 -2.88%
$64.01 (-0.03%)🌙
as of 09/16 06:06 PM
9/16 18:06

Option Volume

Detail
Current (09/16) 280,351
Calls: 112,128 (40%)
Puts: 168,223 (60%)
Prior (09/15) 223,225
Calls: 87,822 (39%)
Puts: 135,403 (61%)
Current vs Prior +25.59%
Calls: +27.68% (Calls)
Puts: +24.24% (Puts)
Prior 7-Day Total 1,187,633
Calls: 519,484 (44%)
Puts: 668,149 (56%)
Prior 7-Day Average 169,661
Calls: 74,212 (44%)
Puts: 95,449 (56%)
Current vs Prior 7-Day Avg +65.24%
Calls: +51.09%
Puts: +76.24%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/16) $25.41M
Calls: $13.53M (53%)
Puts: $11.88M (47%)
Prior (09/15) $24.39M
Calls: $13.60M (56%)
Puts: $10.79M (44%)
Current vs Prior +4.19%
Calls: -0.55%
Puts: +10.18%
Prior 7-Day Total $159.91M
Calls: $104.76M (66%)
Puts: $55.15M (34%)
Prior 7-Day Average $22.84M
Calls: $14.97M (66%)
Puts: $7.88M (34%)
Current vs Prior 7-Day Avg +11.24%
Calls: -9.61%
Puts: +50.84%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/16) 1.50
Prior (09/15) 1.54
Current vs Prior -2.69%
Prior 7-Day Average 1.37
Current vs Prior 7-Day Avg +9.22%
Sentiment BEARISH

Open Interest

Detail
Current (09/16) 4,804,422
Calls: 1,756,275 (37%)
Puts: 3,048,147 (63%)
Prior (09/15) 4,688,151
Calls: 1,730,781 (37%)
Puts: 2,957,370 (63%)
Current vs Prior +2.48%
Prior 7-Day Total 32,174,970
Calls: 12,061,908 (37%)
Puts: 20,113,062 (63%)
Prior 7-Day Average 4,596,424
Calls: 1,723,129 (37%)
Puts: 2,873,294 (63%)
Current vs Prior 7-Day Avg +4.53%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/16) | Next (09/18)Expiry (09/18) | Next (09/25)Expiry (09/16) | Next (10/16)
Current 5.04% | 2.22%2.22% | 4.08%5.04% | 7.26%
Prior 2.14% | 3.19%3.19% | 4.60%2.14% | 7.11%
Current vs Prior +3.70% | +15.23%-30.37% | -11.31%+135.88% | +2.09%
Prior 7-Day Avg 2.46% | 2.89%2.13% | 3.99%3.35% | 7.43%
Current vs 7-Day Avg -9.78% | +27.14%+4.02% | +2.19%+50.54% | -2.23%
Prior 7-Day Eod 2.14% | 3.19%3.19% | 4.60%2.14% | 7.11%
Current vs 7-Day Eod +3.70% | +15.23%-30.37% | -11.31%+135.88% | +2.09%
Sentiment BEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 11.95% | 6.62%
Calls: 12.37% | 4.80%
Puts: 11.54% | 8.43%
Prior 11.95% | 6.62%
Calls: 12.37% | 4.80%
Puts: 11.54% | 8.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 19.63% | 9.25%
Calls: 17.72% | 8.21%
Puts: 21.56% | 10.29%
Current vs 7-Day Avg -39.14% | -28.40%
Liquidity Pricy
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🤖 AI Insights

Extreme bearish P/C ratio of 1.50 - heavy put buying. Put-heavy open interest (3,048,147 puts vs 1,756,275 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 8 of results (avg 7.7%, best 5.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.00Oct 1611.7512.45$12.105.8%--0.94124
$54.00Oct 29.7510.45$10.106.9%60.93--
$54.50Oct 29.259.95$9.607.3%--0.9317
$55.00Sep 258.759.45$9.107.7%30.8414
$55.00Oct 98.759.45$9.107.7%20.927
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Sep 2510.9012.00$11.459.6%11.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.89, cheapest $0.89)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.00Oct 160.830.95$0.8913.5%16.1K0.296.9K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 181 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Sep 188.709.90$9.3012.9%41.0017.5K
$56.00Sep 187.708.80$8.2513.3%21.003.0K
$51.50Sep 3011.9513.35$12.6511.1%--1.0021
$52.50Sep 3011.0513.70$12.3821.4%--1.0057
$55.00Sep 308.759.50$9.138.2%--1.00619
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 160.441.21$0.8392.8%1.1K1.005.7K
$66.00Sep 161.204.15$2.68110.1%941.00421
$67.00Sep 161.074.90$2.99128.1%231.0035
$68.00Sep 163.504.30$3.9020.5%281.0056
$69.00Sep 164.555.30$4.9315.2%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 379 active (total vol 226.0K, top 20.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 180.170.25$0.2138.1%16.7K0.2947.6K
$67.00Oct 160.830.95$0.8913.5%16.1K0.296.9K
$66.00Sep 180.050.12$0.0977.8%12.4K0.1218.0K
$65.00Sep 160.000.01$0.01100.0%11.1K0.03223
$66.00Sep 250.340.69$0.5267.3%5.9K0.28922
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Sep 250.260.61$0.4479.5%20.6K0.2321.7K
$57.00Oct 160.200.26$0.2326.1%16.3K0.096.7K
$63.00Sep 180.080.27$0.18105.6%10.6K0.2016.4K
$65.00Sep 180.751.58$1.1770.9%9.6K0.8519.5K
$64.00Sep 180.300.55$0.4358.1%7.2K0.4316.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 79.8%, max 371.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$64.00Sep 16Oct 3069.0%24.8%178.9%1.2K237
$65.50Oct 2Oct 3035.7%30.3%17.9%54292
$63.50Sep 18Oct 3032.9%30.8%7.1%132769
$64.50Sep 18Oct 3034.8%33.8%3.0%4442.8K
$66.50Oct 2Oct 3028.8%28.7%0.3%161681
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$59.50Sep 18Oct 30108.4%23.0%371.9%10231
$64.00Sep 16Oct 2369.0%23.7%191.3%3.8K2.4K
$65.50Oct 2Oct 3035.7%30.3%17.9%2392
$63.50Sep 18Oct 3032.9%30.8%7.1%3.9K8.1K
$64.50Sep 18Oct 3034.8%33.8%3.0%2.2K2.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 122 found (best R:R 2.23, avg 3.67)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$57.00$58.00Sep 16$0.33$0.67$0.3399%2.03$57.33
$61.00$63.50Oct 30$0.98$1.52$0.9871%1.55$61.98
$62.00$63.00Oct 16$0.32$0.68$0.3267%2.13$62.32
$56.00$57.00Oct 16$0.65$0.35$0.6594%0.54$56.65
$63.00$64.00Oct 23$0.29$0.71$0.2961%2.45$63.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$67.00$66.00Sep 16$0.31$0.69$0.31100%2.23$66.69
$69.00$68.00Oct 9$0.48$0.52$0.4886%1.08$68.52
$68.00$67.50Sep 18$0.28$0.22$0.28100%0.79$67.72
$64.00$63.00Sep 21$0.21$0.79$0.2150%3.76$63.79
$65.50$65.00Oct 2$0.15$0.35$0.1562%2.33$65.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 90 found (best R:R 0.54, avg 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$69.00$70.00Sep 21$0.54$0.54$0.4680%1.17$69.54
$68.00$69.50Oct 30$0.92$0.92$0.5863%1.59$68.92
$67.00$68.00Sep 21$0.30$0.30$0.7080%0.43$67.30
$66.00$67.00Oct 23$0.54$0.54$0.4662%1.17$66.54
$67.00$68.00Sep 28$0.35$0.35$0.6576%0.54$67.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$57.00$55.00Oct 30$0.70$0.70$1.3081%0.54$56.30
$58.00$57.00Sep 23$0.37$0.37$0.6385%0.59$57.63
$59.50$59.00Sep 18$0.30$0.30$0.2085%1.50$59.20
$59.50$59.00Oct 2$0.31$0.31$0.1982%1.63$59.19
$59.50$59.00Oct 23$0.33$0.33$0.1777%1.94$59.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.48, cheapest $0.32)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$64.50Sep 18Sep 25$0.4534.8%29.0%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$64.00Sep 16Sep 18$0.3269.0%29.6%
$65.50Oct 2Oct 9$0.5435.7%27.7%
$64.50Sep 18Sep 25$0.5934.8%29.0%
$63.50Sep 18Sep 25$0.5232.9%28.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 133 found (cheapest 1.31% of stock, avg 6.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$65.00Sep 16$0.01$0.83$0.84$64.16$65.841.31%
$63.00Sep 16$1.12$0.01$1.13$61.87$64.131.76%
$64.00Sep 18$0.74$0.43$1.17$62.83$65.171.83%
$64.50Sep 18$0.56$0.68$1.24$63.26$65.741.94%
$63.50Sep 18$1.00$0.30$1.30$62.20$64.802.03%
$63.00Sep 18$1.13$0.18$1.31$61.69$64.312.05%
$65.00Sep 18$0.21$1.17$1.38$63.62$66.382.16%
$64.00Sep 21$0.78$0.76$1.54$62.46$65.542.41%
$62.50Sep 18$1.68$0.09$1.77$60.73$64.272.76%
$65.00Sep 21$0.31$1.57$1.88$63.12$66.882.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 270 found (cheapest 0.37% of stock, avg 2.93%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$63.00Sep 18$0.06$0.18$0.24$62.76$68.24
$68.00$60.50Sep 18$0.06$0.21$0.27$60.23$68.27
$66.00$63.00Sep 18$0.09$0.18$0.27$62.73$66.27
$66.00$60.50Sep 18$0.09$0.21$0.30$60.20$66.30
$68.00$59.00Sep 21$0.05$0.24$0.29$58.71$68.29
$67.00$63.00Sep 18$0.10$0.18$0.28$62.72$67.28
$67.00$60.50Sep 18$0.10$0.21$0.31$60.19$67.31
$68.00$60.00Sep 23$0.14$0.17$0.31$59.69$68.31
$67.00$60.00Sep 23$0.19$0.17$0.36$59.64$67.36
$66.00$59.00Sep 21$0.16$0.24$0.40$58.60$66.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 99 found (best R:R 3.44, avg credit $0.43)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
55/5770/70Oct 30$1.55$0.4552%3.44$55.45$71.05
60/6169/70Sep 21$0.84$0.1660%5.25$60.16$69.84
58/5969/70Sep 21$0.65$0.3569%1.86$58.35$69.65
57/5869/70Sep 23$0.66$0.3466%1.94$57.34$69.66
62/6270/71Sep 25$0.76$0.2454%3.17$61.74$70.76
62/6266/67Sep 25$0.88$0.1238%7.33$61.62$66.88
62/6369/70Sep 21$0.78$0.2247%3.55$62.22$69.78
55/5770/72Oct 30$1.00$1.0062%1.00$56.00$71.00
61/6269/70Sep 23$0.61$0.3960%1.56$61.39$69.61
60/6167/68Sep 21$0.60$0.4060%1.50$60.40$67.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 0.61, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$66.00$67.00$68.00Sep 23$0.10$0.9020%9.00
$63.50$64.00$64.50Sep 18$0.08$0.4225%5.25
$67.00$68.00$69.00Oct 16$0.07$0.9311%13.29
$65.00$66.00$67.00Sep 18$0.13$0.8719%6.69
$74.00$75.00$76.00Oct 16$0.05$0.952%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$63.00$64.00$65.00Sep 16$0.62$0.3898%0.61
$62.00$63.00$64.00Sep 16$0.10$0.9043%9.00
$63.00$64.00$65.00Sep 23$0.10$0.9024%9.00
$61.00$62.00$63.00Oct 16$0.05$0.9514%19.00
$61.00$62.00$63.00Sep 30$0.09$0.9119%10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 195 found (best net $-0.95, 157 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$58.501:2Oct 23-$2.21$1.29
$62.00$63.001:2Sep 16-$0.12$0.88
$59.00$61.501:2Oct 23-$1.21$1.29
$71.00$75.001:2Oct 23-$0.06$3.94
$65.00$66.001:2Sep 23-$0.22$0.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Sep 18-$0.95$4.05
$70.00$67.001:2Sep 21-$0.32$2.68
$70.00$66.001:2Oct 30-$0.55$3.45
$70.00$68.001:2Sep 18-$1.27$0.73
$66.00$65.001:2Sep 18-$0.29$0.71

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 2.64%, avg 0.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$65.50Oct 30$1.690.422.3%2.64%4.94%9130
$66.50Oct 30$1.200.353.9%1.87%5.73%--15
$64.50Oct 30$1.710.480.7%2.67%3.40%62
$66.00Oct 23$1.090.383.1%1.70%4.78%571.2K
$65.00Oct 16$1.350.431.5%2.11%3.62%1.5K9.5K
$67.00Oct 16$0.830.294.6%1.30%5.93%16.1K6.9K
$66.00Oct 16$0.980.353.1%1.53%4.61%5144.9K
$66.00Oct 30$0.900.383.1%1.41%4.48%230
$70.00Oct 30$0.500.199.3%0.78%10.10%1212
$68.00Oct 16$0.560.236.2%0.87%7.07%2568.3K

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 112,128
Total Puts 168,223
Put/Call Ratio 1.50
Net Difference -56,095

Prior's Put/Call Breakdown

Total Calls 87,822
Total Puts 135,403
Put/Call Ratio 1.54
Net Difference -47,581

Prior 7-Day Put/Call Summary

Total Calls 519,484
Total Puts 668,149
Average Put/Call Ratio 1.37
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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