Tour v528
XLE
State StreetEngySelSectSPDRETF
$62.46 -2.30%
$62.50 (+0.06%)🌙
as of 09/21 06:05 PM
(9/21 15:34) ◀
|
Monday, September 21, 2026 (6:05pm)
January 2026
|
▶
◀ 9/21 18:05

Option Volume

Detail
ℹ
Current (09/21) 255,733
Calls: 105,025 (41%)
Puts: 150,708 (59%)
Prior (09/18) 229,795
Calls: 170,573 (74%)
Puts: 59,222 (26%)
Current vs Prior +11.29%
Calls: -38.43% (Calls)
Puts: +154.48% (Puts)
Prior 7-Day Total 1,408,270
Calls: 633,786 (45%)
Puts: 774,484 (55%)
Prior 7-Day Average 201,181
Calls: 90,540 (45%)
Puts: 110,640 (55%)
Current vs Prior 7-Day Avg +27.12%
Calls: +16.00%
Puts: +36.21%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (09/21) $36.69M
Calls: $21.89M (60%)
Puts: $14.80M (40%)
Prior (09/18) $132.38M
Calls: $122.47M (93%)
Puts: $9.91M (7%)
Current vs Prior -72.29%
Calls: -82.13%
Puts: +49.38%
Prior 7-Day Total $263.56M
Calls: $194.46M (74%)
Puts: $69.10M (26%)
Prior 7-Day Average $37.65M
Calls: $27.78M (74%)
Puts: $9.87M (26%)
Current vs Prior 7-Day Avg -2.56%
Calls: -21.22%
Puts: +49.94%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (09/21) 1.44
Prior (09/18) 0.35
Current vs Prior +313.31%
Prior 7-Day Average 1.36
Current vs Prior 7-Day Avg +5.32%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (09/21) 3,655,396
Calls: 1,391,101 (38%)
Puts: 2,264,295 (62%)
Prior (09/18) 4,838,908
Calls: 1,774,915 (37%)
Puts: 3,063,993 (63%)
Current vs Prior -24.46%
Prior 7-Day Total 32,091,610
Calls: 11,885,898 (37%)
Puts: 20,205,712 (63%)
Prior 7-Day Average 4,584,515
Calls: 1,697,985 (37%)
Puts: 2,886,530 (63%)
Current vs Prior 7-Day Avg -20.27%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)
Current 1.78% | 2.72%3.03% | 4.18%1.78% | 5.89%
Prior 5.12% | 3.62%3.70% | 5.58%3.70% | 6.30%
Current vs Prior -46.80% | -16.48%-18.24% | -25.14%-51.98% | -6.44%
Prior 7-Day Avg 2.66% | 3.21%2.47% | 4.30%3.01% | 6.96%
Current vs 7-Day Avg +2.42% | -5.86%+22.31% | -2.81%-40.92% | -15.39%
Prior 7-Day Eod 1.63% | 2.80%3.70% | 5.58%3.70% | 6.30%
Current vs 7-Day Eod +66.77% | +8.07%-18.24% | -25.14%-51.98% | -6.44%
Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 35.18% | 18.23%
Calls: 32.26% | 23.08%
Puts: 38.10% | 13.39%
Prior 35.18% | 18.23%
Calls: 32.26% | 23.08%
Puts: 38.10% | 13.39%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 20.63% | 9.77%
Calls: 17.60% | 9.26%
Puts: 18.54% | 10.31%
Current vs 7-Day Avg +70.56% | +86.56%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 72% vs prior. Bearish P/C ratio of 1.44 indicates protective positioning. P/C ratio rising 313% - increased hedging/bearish positioning. Put-heavy open interest (2,264,295 puts vs 1,391,101 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 BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
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 51 of results (avg 7.2%, best 3.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Sep 2112.3012.75$12.533.6%611.00--
$57.00Sep 255.405.65$5.534.5%--0.9340
$55.00Oct 97.507.85$7.684.6%20.973
$53.00Sep 239.359.80$9.574.7%380.99--
$55.00Sep 307.407.80$7.605.3%20.99116
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Oct 165.555.80$5.684.4%60.87235
$66.00Oct 163.854.05$3.955.1%1050.773.5K
$62.00Oct 231.561.65$1.615.6%1180.4488
$71.00Oct 168.208.70$8.455.9%30.9516
$73.00Sep 2110.1010.75$10.436.2%10.99--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 17 found (avg $0.60, cheapest $0.57)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Sep 250.530.62$0.5715.8%1.2K0.39128
$66.50Oct 90.300.36$0.3318.2%440.17127
$65.50Oct 90.460.56$0.5119.6%650.23208
$65.00Oct 90.600.67$0.6410.9%2820.28378
$67.00Oct 160.410.46$0.4411.4%9050.1822.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.50Oct 90.230.28$0.2619.2%400.13121
$57.00Oct 160.200.24$0.2218.2%1.9K0.1020.9K
$58.00Oct 160.310.35$0.3312.1%7.8K0.1412.7K
$61.00Oct 90.720.85$0.7816.7%5500.32329
$61.50Oct 90.871.03$0.9516.8%3530.38232

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 187 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Sep 2112.3012.75$12.533.6%611.00--
$61.00Sep 211.161.94$1.5550.3%121.00--
$50.00Sep 2512.3513.10$12.735.9%21.00--
$51.00Sep 2511.3512.10$11.736.4%21.00--
$52.00Sep 2510.3011.20$10.758.4%11.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Sep 235.305.70$5.507.3%61.00--
$70.00Sep 307.057.70$7.388.8%--1.0029
$70.00Oct 26.657.65$7.1514.0%--1.0093
$74.00Oct 1610.5012.35$11.4316.2%--1.0012
$73.00Sep 2110.1010.75$10.436.2%10.99--

Most actively traded options today. High liquidity = easy entry/exit. 397 active (total vol 177.8K, top 19.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.50Oct 160.470.61$0.5425.9%8.2K0.21--
$65.00Oct 20.330.43$0.3826.3%6.6K0.23362
$65.00Sep 300.250.32$0.2924.1%6.1K0.207.4K
$65.00Oct 160.820.88$0.857.1%6.0K0.3118.3K
$64.00Oct 160.951.24$1.1026.4%4.6K0.383.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Oct 160.660.76$0.7114.1%19.4K0.2644.1K
$62.00Sep 230.240.39$0.3246.9%17.3K0.356.6K
$58.00Oct 160.310.35$0.3312.1%7.8K0.1412.7K
$61.50Oct 161.101.26$1.1813.6%6.6K0.39--
$57.00Oct 20.020.10$0.06133.3%5.1K0.0413

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 1925.7%, max 6709.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$56.00Sep 21Oct 301879.7%27.6%6709.2%9511
$57.00Sep 21Oct 161695.3%28.4%5865.6%6813
$60.00Sep 21Oct 301119.5%25.6%4269.1%8057
$62.50Sep 25Oct 3031.0%25.6%21.4%377313
$63.50Sep 25Oct 3033.1%28.5%16.4%1.1K498
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$57.00Sep 21Oct 301695.3%27.5%6069.0%1039
$58.00Sep 21Oct 301508.3%27.4%5398.4%134117
$60.00Sep 21Oct 301119.5%25.6%4269.1%9951
$62.50Sep 25Oct 3031.0%25.6%21.4%4.5K746
$60.50Sep 25Oct 3029.6%25.1%18.0%8947.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 143 found (best R:R 2.33, avg 2.36)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$54.00$55.00Sep 23$0.30$0.70$0.3099%2.33$54.30
$58.00$59.00Sep 23$0.62$0.38$0.6298%0.61$58.62
$58.00$59.00Sep 21$0.60$0.40$0.6076%0.67$58.60
$59.00$59.50Oct 30$0.17$0.33$0.1776%1.94$59.17
$59.00$59.50Oct 2$0.32$0.18$0.3289%0.56$59.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$72.00$71.00Oct 16$0.28$0.72$0.2896%2.57$71.72
$71.00$70.00Oct 23$0.63$0.37$0.6392%0.59$70.37
$66.00$65.50Oct 30$0.17$0.33$0.1771%1.94$65.83
$65.00$64.50Oct 9$0.22$0.28$0.2273%1.27$64.78
$63.00$62.00Oct 5$0.36$0.64$0.3656%1.78$62.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 3.55, avg 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$67.00$67.50Oct 30$0.21$0.21$0.2975%0.72$67.21
$62.50$63.00Oct 2$0.34$0.34$0.1647%2.13$62.84
$63.50$64.00Oct 16$0.28$0.28$0.2257%1.27$63.78
$65.00$65.50Oct 30$0.24$0.24$0.2664%0.92$65.24
$65.50$66.00Oct 23$0.20$0.20$0.3070%0.67$65.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$56.00$55.00Sep 21$0.78$0.78$0.2280%3.55$55.22
$55.00$54.00Oct 30$0.19$0.19$0.8191%0.23$54.81
$61.00$60.50Oct 30$0.30$0.30$0.2063%1.50$60.70
$59.50$59.00Oct 23$0.22$0.22$0.2874%0.79$59.28
$58.00$57.50Sep 30$0.11$0.11$0.3991%0.28$57.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.34, cheapest $0.08)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$60.00Sep 21Sep 23$0.081119.5%35.0%
$63.50Sep 25Oct 2$0.3833.1%27.1%
$62.50Sep 25Oct 2$0.5331.0%26.3%
$61.50Sep 25Oct 2$0.3428.6%27.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$63.50Sep 25Oct 2$0.4433.1%27.1%
$62.50Sep 25Oct 2$0.2531.0%26.3%
$61.50Sep 25Oct 2$0.3528.6%27.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 138 found (cheapest 0.77% of stock, avg 5.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$63.00Sep 21$0.01$0.47$0.48$62.52$63.480.77%
$62.00Sep 21$0.64$0.01$0.65$61.35$62.651.04%
$62.00Sep 23$0.84$0.32$1.16$60.84$63.161.86%
$63.00Sep 23$0.32$0.86$1.18$61.82$64.181.89%
$61.00Sep 21$1.55$0.01$1.56$59.44$62.562.50%
$64.00Sep 21$0.01$1.56$1.57$62.43$65.572.51%
$62.50Sep 25$0.75$0.83$1.58$60.92$64.082.53%
$63.00Sep 25$0.57$1.02$1.59$61.41$64.592.55%
$64.00Sep 23$0.10$1.56$1.66$62.34$65.662.66%
$62.00Sep 25$1.06$0.60$1.66$60.34$63.662.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 214 found (cheapest 0.22% of stock, avg 2.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$64.00$60.00Sep 23$0.10$0.04$0.14$59.86$64.14
$66.00$59.00Sep 28$0.09$0.11$0.20$58.80$66.20
$67.00$59.00Sep 30$0.08$0.13$0.21$58.79$67.21
$67.00$58.00Sep 30$0.08$0.16$0.24$57.76$67.24
$66.00$60.00Sep 28$0.09$0.16$0.25$59.75$66.25
$66.00$59.00Sep 30$0.14$0.13$0.27$58.73$66.27
$64.50$60.00Sep 25$0.18$0.11$0.29$59.71$64.79
$66.00$58.00Sep 30$0.14$0.16$0.30$57.70$66.30
$64.00$61.00Sep 23$0.10$0.20$0.30$60.70$64.30
$65.00$59.00Sep 28$0.19$0.11$0.30$58.70$65.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 58 found (best R:R 3.17, avg credit $0.28)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
59/6067/68Oct 30$0.38$0.1248%3.17$59.12$67.38
59/6066/67Oct 23$0.34$0.1650%2.13$59.16$66.84
60/6067/68Oct 30$0.35$0.1542%2.33$60.15$67.35
54/5567/68Oct 30$0.40$0.6066%0.67$54.60$67.40
60/6066/66Oct 23$0.35$0.1538%2.33$60.15$65.85
58/5865/66Oct 9$0.24$0.2659%0.92$58.26$65.24
59/6065/66Oct 23$0.33$0.1741%1.94$59.17$65.33
61/6264/65Oct 2$0.33$0.1737%1.94$61.17$64.83
58/5864/65Oct 9$0.24$0.2655%0.92$58.26$64.74
59/6066/67Oct 16$0.22$0.2856%0.79$59.28$66.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 130 found (best R:R 2.57, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$61.00$62.00$63.00Sep 21$0.28$0.7296%2.57
$62.00$63.00$64.00Sep 21$0.63$0.3794%0.59
$60.00$61.00$62.00Sep 21$0.07$0.9326%13.29
$61.00$62.00$63.00Sep 23$0.21$0.7945%3.76
$60.00$61.00$62.00Sep 30$0.08$0.9224%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$61.00$62.00$63.00Sep 21$0.46$0.5494%1.17
$62.00$63.00$64.00Sep 23$0.16$0.8453%5.25
$62.00$63.00$64.00Sep 21$0.63$0.3794%0.59
$62.00$63.00$64.00Sep 30$0.07$0.9329%13.29
$63.00$64.00$65.00Sep 30$0.09$0.9126%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. 150 found (best net $-1.11, 130 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$56.001:2Oct 30-$1.11$4.89
$50.00$55.001:2Sep 30-$2.47$2.53
$55.00$58.501:2Oct 23-$1.21$2.29
$59.00$61.001:2Sep 28-$0.22$1.78
$54.00$57.001:2Sep 25-$2.04$0.96
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$66.501:2Oct 2-$0.95$2.55
$70.00$66.501:2Oct 30-$1.49$2.01
$64.00$63.001:2Sep 23-$0.16$0.84
$68.00$66.001:2Sep 23-$1.50$0.50
$65.00$64.001:2Sep 21-$0.67$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 94 found (best yield 2.21%, avg 0.92%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$64.50Oct 30$1.380.393.3%2.21%5.48%14441
$63.00Oct 30$1.910.490.9%3.06%3.92%6--
$63.50Oct 30$1.700.451.7%2.72%4.39%2731
$62.50Oct 30$2.130.520.1%3.41%3.47%103
$64.00Oct 30$1.450.422.5%2.32%4.79%17262
$65.00Oct 30$1.160.364.1%1.86%5.92%2115
$63.50Oct 23$1.460.441.7%2.34%4.00%1832
$65.50Oct 30$0.940.324.9%1.50%6.37%111163
$67.00Oct 30$0.750.257.3%1.20%8.47%1412
$63.00Oct 23$1.610.480.9%2.58%3.44%107

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 105,025
Total Puts 150,708
Put/Call Ratio 1.44
Net Difference -45,683

Prior's Put/Call Breakdown

Total Calls 170,573
Total Puts 59,222
Put/Call Ratio 0.35
Net Difference 111,351

Prior 7-Day Put/Call Summary

Total Calls 633,786
Total Puts 774,484
Average Put/Call Ratio 1.36
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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