Tour v456
XLE
State StreetEngySelSectSPDRETF
$58.74 +2.03%
7/29 15:07

Option Volume

Detail
Current (07/29 3:05pm) 77,455
Calls: 33,393 (43%)
Puts: 44,062 (57%)
Prior (07/28) 91,011
Calls: 36,908 (41%)
Puts: 54,103 (59%)
Current vs Prior -14.89%
Calls: -9.52% (Calls)
Puts: -18.56% (Puts)
Prior 7-Day Total 949,474
Calls: 617,922 (65%)
Puts: 331,552 (35%)
Prior 7-Day Average 135,639
Calls: 88,274 (65%)
Puts: 47,364 (35%)
Current vs Prior 7-Day Avg -42.90%
Calls: -62.17%
Puts: -6.97%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/29 3:05pm) $9.24M
Calls: $5.74M (62%)
Puts: $3.50M (38%)
Prior (07/28) $14.14M
Calls: $6.13M (43%)
Puts: $8.01M (57%)
Current vs Prior -34.65%
Calls: -6.28%
Puts: -56.37%
Prior 7-Day Total $148.65M
Calls: $110.42M (74%)
Puts: $38.24M (26%)
Prior 7-Day Average $21.24M
Calls: $15.77M (74%)
Puts: $5.46M (26%)
Current vs Prior 7-Day Avg -56.49%
Calls: -63.58%
Puts: -36.00%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/29 3:05pm) 1.32
Prior (07/28) 1.47
Current vs Prior -9.99%
Prior 7-Day Average 0.55
Current vs Prior 7-Day Avg +139.47%
Sentiment BEARISH

Open Interest

Detail
Current (07/29 3:05pm) 4,347,740
Calls: 1,732,258 (40%)
Puts: 2,615,482 (60%)
Prior (07/28) 4,345,525
Calls: 1,726,220 (40%)
Puts: 2,619,305 (60%)
Current vs Prior +0.05%
Prior 7-Day Total 27,890,114
Calls: 11,632,966 (42%)
Puts: 16,257,148 (58%)
Prior 7-Day Average 3,984,302
Calls: 1,661,852 (42%)
Puts: 2,322,449 (58%)
Current vs Prior 7-Day Avg +9.12%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.52% | 4.17%6.03% | 9.41%
Prior 3.21% | 4.45%6.12% | 9.43%
Current vs Prior -21.44% | -6.32%-1.59% | -0.20%
Prior 7-Day Avg 2.53% | 4.34%5.85% | 9.38%
Current vs 7-Day Avg -0.60% | -4.00%+2.95% | +0.41%
Prior 7-Day Eod 3.21% | 4.45%6.04% | 9.36%
Current vs 7-Day Eod -21.44% | -6.32%-0.30% | +0.55%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.14% | 10.20%
Calls: 10.81% | 10.40%
Puts: 9.46% | 10.00%
Prior 6.91% | 8.06%
Calls: 6.74% | 8.66%
Puts: 7.07% | 7.46%
Current vs Prior +46.74% | +26.55%
Prior 7-Day Avg 28.59% | 17.60%
Calls: 25.08% | 8.94%
Puts: 32.12% | 26.26%
Current vs 7-Day Avg -64.54% | -42.04%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($5.74M). Bearish P/C ratio of 1.32 indicates protective positioning. Put-heavy open interest (2,615,482 puts vs 1,732,258 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 BEARISH
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 110 of results (avg 6.4%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$59.00Aug 71.001.02$1.012.0%1.6K0.476.4K
$50.00Aug 218.859.05$8.952.2%10.97134
$49.00Aug 219.8010.05$9.932.5%--0.9731
$47.00Aug 2111.7512.05$11.902.5%--0.9811
$48.00Aug 2110.7511.05$10.902.8%20.98139
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Aug 79.109.40$9.253.2%31.001
$65.00Aug 216.256.50$6.383.9%90.9018
$57.00Aug 210.850.89$0.874.6%12.5K0.3218.1K
$60.50Aug 72.122.22$2.174.6%--0.7210
$65.00Sep 46.356.65$6.504.6%--0.8529

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 38 found (avg $0.59, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Jul 310.170.20$0.1915.8%1.9K0.2112.1K
$59.50Jul 310.280.34$0.3119.4%1.4K0.322.6K
$61.00Aug 70.330.39$0.3616.7%1210.23565
$63.00Aug 210.380.43$0.4112.2%320.185.1K
$60.50Aug 70.420.50$0.4617.4%270.281.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.50Jul 310.050.06$0.0616.7%290.08250
$57.50Jul 310.160.19$0.1816.7%2.1K0.207.0K
$54.00Aug 210.250.30$0.2817.9%4350.125.7K
$56.50Aug 70.300.36$0.3318.2%310.20148
$54.50Aug 210.310.37$0.3417.6%4810.15382

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 109 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 148.659.05$8.854.5%--1.0050
$48.00Jul 3110.6012.60$11.6017.2%41.0017
$50.00Jul 317.3010.30$8.8034.1%61.0020
$52.00Jul 316.656.85$6.753.0%10.9958
$47.00Jul 3111.5013.60$12.5516.7%70.995
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 319.4013.30$11.3534.4%21.00--
$68.00Aug 79.109.40$9.253.2%31.001
$62.00Jul 313.153.40$3.287.6%--0.9526
$61.00Jul 312.222.39$2.317.4%--0.9212
$65.00Aug 216.256.50$6.383.9%90.9018

Most actively traded options today. High liquidity = easy entry/exit. 243 active (total vol 61.3K, top 12.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.50Jul 310.090.12$0.1127.3%3.8K0.141.5K
$59.00Aug 211.551.63$1.595.0%2.9K0.499.3K
$60.00Aug 211.131.18$1.154.3%2.6K0.4070.4K
$60.00Jul 310.170.20$0.1915.8%1.9K0.2112.1K
$59.00Aug 71.001.02$1.012.0%1.6K0.476.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.00Aug 210.850.89$0.874.6%12.5K0.3218.1K
$52.00Aug 210.110.14$0.1323.1%7.9K0.0624.5K
$57.00Jul 310.090.13$0.1136.4%2.6K0.131.1K
$59.50Jul 311.011.09$1.057.6%2.1K0.682.1K
$57.50Jul 310.160.19$0.1816.7%2.1K0.207.0K

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 70.8%, max 221.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 31Sep 499.6%30.9%221.8%563
$47.00Jul 31Aug 21120.1%42.2%184.8%716
$49.00Jul 31Aug 2199.9%37.9%163.8%643
$68.00Jul 31Aug 2185.4%32.4%163.1%62.5K
$48.00Jul 31Aug 21101.8%40.2%153.2%6156
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$50.00Jul 31Sep 483.0%31.8%160.9%6976
$47.00Jul 31Aug 28120.1%46.3%159.7%1113
$49.00Jul 31Aug 2899.9%39.9%150.5%1954
$52.50Jul 31Aug 2865.0%27.3%138.3%145
$48.00Jul 31Aug 28101.8%43.2%135.3%4350

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 106 found (best R:R 25.67, avg 2.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$66.00$70.00Aug 28$0.15$3.85$0.1525.67$66.15
$66.00$70.00Sep 4$0.20$3.80$0.2019.00$66.20
$65.00$66.00Sep 4$0.10$0.90$0.109.00$65.10
$65.00$66.00Aug 28$0.14$0.86$0.146.14$65.14
$63.50$65.00Sep 4$0.21$1.29$0.216.14$63.71
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.00$50.00Sep 4$0.11$1.89$0.1117.18$51.89
$53.00$52.00Sep 4$0.10$0.90$0.109.00$52.90
$54.00$53.00Sep 4$0.14$0.86$0.146.14$53.86
$56.50$56.00Aug 7$0.10$0.40$0.104.00$56.40
$55.00$54.50Aug 14$0.10$0.40$0.104.00$54.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 131 found (best R:R 29.00, avg 1.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$53.00Aug 14$2.90$2.90$0.1029.00$52.90
$50.00$52.00Aug 28$1.85$1.85$0.1512.33$51.85
$53.00$54.00Aug 28$0.90$0.90$0.109.00$53.90
$56.50$57.00Aug 14$0.40$0.40$0.104.00$56.90
$56.00$56.50Aug 21$0.40$0.40$0.104.00$56.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$68.00$60.50Aug 7$7.08$7.08$0.4216.86$60.92
$65.00$63.00Aug 21$1.85$1.85$0.1512.33$63.15
$62.50$62.00Aug 21$0.40$0.40$0.104.00$62.10
$65.00$59.50Aug 28$4.34$4.34$1.163.74$60.66
$60.00$59.50Jul 31$0.39$0.39$0.113.55$59.61

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 45 found (avg debit $0.26, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$63.50Jul 31Aug 7$0.0549.6%31.0%
$53.50Jul 31Aug 7$0.0755.9%37.1%
$67.00Aug 7Aug 21$0.0740.8%31.2%
$52.00Jul 31Aug 7$0.0864.6%39.1%
$63.00Jul 31Aug 7$0.0945.2%31.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$50.50Aug 7Aug 14$0.0551.0%43.0%
$53.50Jul 31Aug 7$0.0755.9%37.1%
$51.50Aug 7Aug 14$0.0841.7%39.2%
$54.00Jul 31Aug 7$0.0950.6%35.9%
$54.50Jul 31Aug 7$0.0948.6%33.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 108 found (cheapest 2.08% of stock, avg 8.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$58.50Jul 31$0.74$0.48$1.22$57.28$59.722.08%
$59.00Jul 31$0.49$0.74$1.23$57.77$60.232.09%
$58.00Jul 31$1.06$0.30$1.36$56.64$59.362.32%
$59.50Jul 31$0.31$1.05$1.36$58.14$60.862.32%
$57.50Jul 31$1.45$0.18$1.63$55.87$59.132.77%
$60.00Jul 31$0.19$1.44$1.63$58.37$61.632.77%
$60.50Jul 31$0.11$1.85$1.96$58.54$62.463.34%
$57.00Jul 31$1.87$0.11$1.98$55.02$58.983.37%
$58.50Aug 7$1.25$0.94$2.19$56.31$60.693.73%
$59.00Aug 7$1.01$1.20$2.21$56.79$61.213.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.20% of stock, avg 3.12%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$61.00$56.50Jul 31$0.06$0.06$0.12$56.38$61.12
$60.50$56.50Jul 31$0.11$0.06$0.17$56.33$60.67
$61.00$57.00Jul 31$0.06$0.11$0.17$56.83$61.17
$60.50$57.00Jul 31$0.11$0.11$0.22$56.78$60.72
$61.00$57.50Jul 31$0.06$0.18$0.24$57.26$61.24
$60.00$56.50Jul 31$0.19$0.06$0.25$56.25$60.25
$60.50$57.50Jul 31$0.11$0.18$0.29$57.21$60.79
$60.00$57.00Jul 31$0.19$0.11$0.30$56.70$60.30
$61.00$58.00Jul 31$0.06$0.30$0.36$57.64$61.36
$59.50$56.50Jul 31$0.31$0.06$0.37$56.13$59.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 65 found (best R:R 8.09, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
53/5455/56Sep 4$0.89$0.118.09$53.11$55.89
52/5355/56Sep 4$0.85$0.155.67$52.15$55.85
53/5456/57Sep 4$0.81$0.194.26$53.19$56.81
55/5656/57Sep 4$0.79$0.213.76$54.71$56.79
55/5656/56Aug 28$0.39$0.113.55$55.11$56.39
56/5758/59Sep 4$0.39$0.113.55$56.61$58.89
57/5860/60Sep 4$0.39$0.113.55$57.11$60.39
52/5356/57Sep 4$0.77$0.233.35$52.23$56.77
56/5658/59Sep 4$0.38$0.123.17$55.62$58.88
56/5657/58Sep 4$0.76$0.243.17$55.74$57.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 42 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$64.00$65.00$66.00Aug 21$0.05$0.9519.00
$56.00$57.00$58.00Sep 4$0.06$0.9415.67
$52.00$53.00$54.00Aug 28$0.08$0.9211.50
$61.00$62.00$63.00Aug 28$0.08$0.9211.50
$55.00$56.00$57.00Sep 4$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$58.50$59.00$59.50Jul 31$0.05$0.459.00
$56.00$56.50$57.00Aug 14$0.05$0.459.00
$56.50$57.00$57.50Aug 14$0.05$0.459.00
$58.00$58.50$59.00Aug 14$0.05$0.459.00
$55.50$56.00$56.50Aug 21$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. 116 found (best net $-0.07, 110 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$70.001:2Aug 14-$0.07$3.93
$66.00$68.001:2Jul 31-$0.02$1.98
$68.00$70.001:2Jul 31-$0.02$1.98
$68.00$70.001:2Aug 21-$0.02$1.98
$68.00$70.001:2Aug 7-$0.03$1.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$52.00$50.001:2Sep 4-$0.02$1.98
$52.00$51.001:2Aug 21-$0.07$0.93
$48.00$47.001:2Aug 28-$0.13$0.87
$53.00$52.001:2Sep 4-$0.14$0.86
$49.00$48.001:2Aug 28-$0.15$0.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 3.32%, avg 1.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$59.00Sep 4$1.950.500.4%3.32%3.76%244
$59.00Aug 28$1.750.490.4%2.98%3.42%1583
$59.50Sep 4$1.720.461.3%2.93%4.22%545
$59.00Aug 21$1.550.490.4%2.64%3.08%2.9K9.3K
$60.00Sep 4$1.510.432.1%2.57%4.72%8148
$59.50Aug 28$1.430.451.3%2.43%3.73%547
$59.50Aug 21$1.320.451.3%2.25%3.54%396575
$60.50Sep 4$1.320.393.0%2.25%5.24%12
$59.00Aug 14$1.210.480.4%2.06%2.50%35226
$60.00Aug 28$1.180.412.1%2.01%4.15%39196

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 33,393
Total Puts 44,062
Put/Call Ratio 1.32
Net Difference -10,669

Prior's Put/Call Breakdown

Total Calls 36,908
Total Puts 54,103
Put/Call Ratio 1.47
Net Difference -17,195

Prior 7-Day Put/Call Summary

Total Calls 617,922
Total Puts 331,552
Average Put/Call Ratio 0.55
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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