Tour v477
XLE
State StreetEngySelSectSPDRETF
$59.37 +0.70%
7/31 15:07

Option Volume

Detail
Current (07/31 3:05pm) 59,139
Calls: 38,028 (64%)
Puts: 21,111 (36%)
Prior (07/29) 77,455
Calls: 33,393 (43%)
Puts: 44,062 (57%)
Current vs Prior -23.65%
Calls: +13.88% (Calls)
Puts: -52.09% (Puts)
Prior 7-Day Total 917,617
Calls: 555,960 (61%)
Puts: 361,657 (39%)
Prior 7-Day Average 131,088
Calls: 79,422 (61%)
Puts: 51,665 (39%)
Current vs Prior 7-Day Avg -54.89%
Calls: -52.12%
Puts: -59.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31 3:05pm) $9.39M
Calls: $6.82M (73%)
Puts: $2.57M (27%)
Prior (07/29) $9.24M
Calls: $5.74M (62%)
Puts: $3.50M (38%)
Current vs Prior +1.57%
Calls: +18.71%
Puts: -26.59%
Prior 7-Day Total $146.33M
Calls: $102.17M (70%)
Puts: $44.15M (30%)
Prior 7-Day Average $20.90M
Calls: $14.60M (70%)
Puts: $6.31M (30%)
Current vs Prior 7-Day Avg -55.10%
Calls: -53.28%
Puts: -59.32%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31 3:05pm) 0.56
Prior (07/29) 1.32
Current vs Prior -57.93%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg -23.51%
Sentiment BULLISH

Open Interest

Detail
Current (07/31 3:05pm) 4,410,092
Calls: 1,768,295 (40%)
Puts: 2,641,797 (60%)
Prior (07/29) 4,347,740
Calls: 1,732,258 (40%)
Puts: 2,615,482 (60%)
Current vs Prior +1.43%
Prior 7-Day Total 27,548,718
Calls: 11,372,925 (41%)
Puts: 16,175,793 (59%)
Prior 7-Day Average 3,935,531
Calls: 1,624,703 (41%)
Puts: 2,310,827 (59%)
Current vs Prior 7-Day Avg +12.06%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.88% | 3.33%5.29% | 8.32%
Prior 2.84% | 4.22%6.00% | 9.30%
Current vs Prior -69.12% | -20.96%-11.86% | -10.56%
Prior 7-Day Avg 2.80% | 4.45%6.57% | 9.61%
Current vs 7-Day Avg -68.70% | -25.08%-19.50% | -13.45%
Prior 7-Day Eod 2.84% | 4.22%5.73% | 9.11%
Current vs 7-Day Eod -69.12% | -20.96%-7.74% | -8.64%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.88% | 9.50%
Calls: 25.00% | 3.77%
Puts: 18.75% | 15.22%
Prior 10.37% | 9.51%
Calls: 10.34% | 7.81%
Puts: 10.39% | 11.21%
Current vs Prior +110.99% | -0.11%
Prior 7-Day Avg 24.24% | 17.84%
Calls: 21.06% | 9.29%
Puts: 27.43% | 26.39%
Current vs 7-Day Avg -9.75% | -46.74%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($6.82M). Bullish P/C ratio of 0.56. P/C ratio dropping 58% - sentiment shifting bullish.

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 BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 120 of results (avg 6.1%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 79.259.45$9.352.1%11.0010
$55.00Jul 314.304.40$4.352.3%241.00941
$60.00Aug 211.201.23$1.212.5%7.3K0.4578.2K
$48.00Aug 2111.3511.65$11.502.6%11.00139
$49.00Aug 2110.3510.65$10.502.9%--1.0031
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 211.691.74$1.722.9%820.552.5K
$59.00Aug 211.181.22$1.203.3%1910.452.6K
$59.50Aug 211.411.46$1.443.5%6340.50168
$65.00Aug 215.655.85$5.753.5%--0.9224
$61.00Aug 212.302.42$2.365.1%1020.66401

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 34 found (avg $0.58, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.50Aug 70.180.20$0.1910.5%3230.171.1K
$63.00Aug 140.190.22$0.2114.3%20.13179
$61.00Aug 70.260.29$0.2810.7%4760.23795
$63.00Aug 210.350.39$0.3710.8%2.5K0.186.1K
$60.50Aug 70.380.42$0.4010.0%1740.301.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.00Aug 210.130.15$0.1414.3%6810.085.7K
$59.50Jul 310.140.17$0.1618.8%650.791.6K
$55.50Aug 210.260.29$0.2810.7%670.14981
$58.00Aug 70.310.33$0.326.3%3420.254.5K
$56.00Aug 210.330.35$0.345.9%8540.1714.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 119 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 3110.8011.45$11.135.8%101.0027
$49.00Jul 319.9010.45$10.185.4%121.0028
$50.00Jul 318.959.45$9.205.4%51.0024
$51.00Jul 317.908.55$8.237.9%521.0061
$51.50Jul 317.407.95$7.687.2%31.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$62.00Jul 312.592.76$2.686.3%120.99--
$64.50Jul 315.057.25$6.1535.8%10.99--
$64.00Jul 314.506.75$5.6340.0%10.99--
$61.00Jul 311.531.76$1.6513.9%50.985
$60.50Jul 311.051.26$1.1618.1%20.98112

Most actively traded options today. High liquidity = easy entry/exit. 259 active (total vol 41.5K, top 7.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 211.201.23$1.212.5%7.3K0.4578.2K
$63.00Aug 210.350.39$0.3710.8%2.5K0.186.1K
$62.00Aug 210.540.56$0.553.6%2.4K0.2525.7K
$56.00Aug 73.303.60$3.458.7%2.1K0.94233
$56.00Jul 313.253.45$3.356.0%2.0K1.006.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Aug 70.060.08$0.0728.6%2.3K0.07495
$60.50Aug 211.972.09$2.035.9%9300.61165
$56.00Aug 210.330.35$0.345.9%8540.1714.1K
$51.00Aug 280.010.23$0.12183.3%7860.0520
$54.00Aug 210.130.15$0.1414.3%6810.085.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 67 strikes (avg 832.1%, max 2038.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$48.00Jul 31Sep 11705.7%33.2%2022.7%1127
$50.00Jul 31Sep 11581.8%30.0%1842.2%624
$49.00Jul 31Aug 21695.4%37.8%1740.8%1259
$70.00Jul 31Aug 28597.3%32.9%1714.5%26109
$51.00Jul 31Aug 21566.6%34.0%1565.9%52178
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 31Sep 4695.4%32.5%2038.3%146
$50.00Jul 31Sep 11581.8%30.0%1842.2%23962
$51.00Jul 31Sep 4566.6%29.7%1809.6%--216
$48.00Jul 31Aug 28705.7%40.6%1636.7%--350
$53.00Jul 31Sep 11433.9%26.9%1514.1%51.0K

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 2.56)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$66.00$70.00Aug 28$0.13$3.87$0.1329.77$66.13
$65.00$66.00Sep 4$0.12$0.88$0.127.33$65.12
$64.00$65.00Aug 28$0.13$0.87$0.136.69$64.13
$63.00$64.00Aug 28$0.15$0.85$0.155.67$63.15
$63.50$64.50Sep 4$0.15$0.85$0.155.67$63.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$53.00$50.00Sep 11$0.16$2.84$0.1617.75$52.84
$54.00$53.00Sep 11$0.11$0.89$0.118.09$53.89
$56.00$55.00Sep 11$0.19$0.81$0.194.26$55.81
$56.00$55.50Aug 28$0.10$0.40$0.104.00$55.90
$58.00$57.50Aug 28$0.11$0.39$0.113.55$57.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 5.25, avg 1.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$59.00Sep 11$7.33$7.33$1.674.39$57.33
$56.00$56.50Aug 21$0.40$0.40$0.104.00$56.40
$54.50$55.00Aug 28$0.40$0.40$0.104.00$54.90
$57.50$58.00Aug 14$0.39$0.39$0.113.55$57.89
$53.00$53.50Aug 28$0.39$0.39$0.113.55$53.39
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$62.50$61.00Aug 7$1.26$1.26$0.245.25$61.24
$62.50$62.00Aug 21$0.40$0.40$0.104.00$62.10
$61.00$60.50Aug 7$0.38$0.38$0.123.17$60.62
$62.00$61.50Aug 21$0.38$0.38$0.123.17$61.62
$63.00$62.50Aug 21$0.38$0.38$0.123.17$62.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 43 found (avg debit $0.29, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$63.50Jul 31Aug 7$0.06274.9%31.0%
$55.50Jul 31Aug 7$0.07277.3%32.5%
$55.00Jul 31Aug 7$0.08306.9%31.2%
$62.50Jul 31Aug 7$0.08198.3%26.9%
$56.00Jul 31Aug 7$0.10222.8%28.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$56.00Jul 31Aug 7$0.06222.8%28.2%
$55.50Jul 31Aug 7$0.07277.3%32.5%
$56.50Jul 31Aug 7$0.10213.3%27.5%
$65.00Aug 21Sep 4$0.1026.7%27.8%
$57.00Jul 31Aug 7$0.14162.6%26.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 118 found (cheapest 0.30% of stock, avg 7.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$59.50Jul 31$0.02$0.16$0.18$59.32$59.680.30%
$59.00Jul 31$0.36$0.02$0.38$58.62$59.380.64%
$60.00Jul 31$0.01$0.65$0.66$59.34$60.661.11%
$58.50Jul 31$0.87$0.01$0.88$57.62$59.381.48%
$60.50Jul 31$0.01$1.16$1.17$59.33$61.671.97%
$58.00Jul 31$1.36$0.01$1.37$56.63$59.372.31%
$61.00Jul 31$0.01$1.65$1.66$59.34$62.662.80%
$59.50Aug 7$0.79$0.92$1.71$57.79$61.212.88%
$59.00Aug 7$1.06$0.68$1.74$57.26$60.742.93%
$60.00Aug 7$0.58$1.21$1.79$58.21$61.793.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.07% of stock, avg 3.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$59.50$59.00Jul 31$0.02$0.02$0.04$58.96$59.54
$61.50$57.00Aug 7$0.19$0.15$0.34$56.66$61.84
$61.50$57.50Aug 7$0.19$0.23$0.42$57.08$61.92
$61.00$57.00Aug 7$0.28$0.15$0.43$56.57$61.43
$61.00$57.50Aug 7$0.28$0.23$0.51$56.99$61.51
$61.50$58.00Aug 7$0.19$0.32$0.51$57.49$62.01
$60.50$57.00Aug 7$0.40$0.15$0.55$56.45$61.05
$61.00$58.00Aug 7$0.28$0.32$0.60$57.40$61.60
$60.50$57.50Aug 7$0.40$0.23$0.63$56.87$61.13
$61.50$58.50Aug 7$0.19$0.50$0.69$57.81$62.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 46 found (best R:R 4.00, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
56/5657/58Sep 4$0.80$0.204.00$55.70$57.80
57/5860/60Sep 4$0.39$0.113.55$57.11$60.39
56/5659/60Sep 4$0.38$0.123.17$56.12$59.38
56/5760/60Sep 4$0.38$0.123.17$56.62$60.38
58/5860/60Sep 4$0.38$0.123.17$57.62$59.88
58/5860/61Sep 4$0.38$0.123.17$57.62$60.88
56/5660/60Sep 4$0.36$0.142.57$56.14$60.36
57/5860/60Sep 4$0.36$0.142.57$57.14$59.86
57/5860/61Sep 4$0.36$0.142.57$57.14$60.86
59/6060/61Sep 11$0.72$0.282.57$59.28$61.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 58 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$64.00$65.00$66.00Aug 14$0.05$0.9519.00
$64.00$65.00$66.00Aug 28$0.06$0.9415.67
$64.00$65.00$66.00Aug 21$0.07$0.9313.29
$62.50$63.50$64.50Sep 4$0.07$0.9313.29
$50.00$51.00$52.00Aug 21$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$59.00$59.50$60.00Aug 7$0.05$0.459.00
$56.50$57.00$57.50Aug 14$0.05$0.459.00
$58.50$59.00$59.50Aug 7$0.06$0.447.33
$59.50$60.00$60.50Aug 7$0.06$0.447.33
$58.00$58.50$59.00Aug 14$0.06$0.447.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 110 found (best net $-0.01, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$68.001:2Jul 31-$0.01$1.99
$68.00$70.001:2Jul 31-$0.01$1.99
$68.00$70.001:2Aug 7-$0.04$1.96
$67.00$68.001:2Aug 7$0.00$1.00
$64.00$65.001:2Aug 7-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$59.00$57.001:2Sep 11-$0.25$1.75
$49.00$48.001:2Aug 21-$0.05$0.95
$51.00$50.001:2Sep 4-$0.05$0.95
$52.00$51.001:2Aug 21-$0.06$0.94
$52.00$51.001:2Sep 4-$0.07$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 3.08%, avg 1.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$59.50Sep 4$1.830.500.2%3.08%3.30%1055
$60.00Sep 11$1.760.471.1%2.96%4.03%2--
$59.50Aug 28$1.610.500.2%2.71%2.93%451
$60.00Sep 4$1.600.461.1%2.69%3.76%38149
$60.50Sep 11$1.550.431.9%2.61%4.51%1--
$59.50Aug 21$1.380.500.2%2.32%2.54%231598
$60.00Aug 28$1.380.461.1%2.32%3.39%20216
$60.50Sep 4$1.380.421.9%2.32%4.23%42
$61.00Sep 11$1.350.402.8%2.27%5.02%1--
$60.00Aug 21$1.200.451.1%2.02%3.08%7.3K78.2K

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 38,028
Total Puts 21,111
Put/Call Ratio 0.56
Net Difference 16,917

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 555,960
Total Puts 361,657
Average Put/Call Ratio 0.73
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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