Tour v381
XLF
State StreetFinSelSectSPDRETF
$56.11 +0.12%
$56.13 (+0.03%)🌙
as of 07/21 06:07 PM
7/21 18:07

Option Volume

Detail
Current (07/21) 69,408
Calls: 25,562 (37%)
Puts: 43,846 (63%)
Prior (07/20) 126,800
Calls: 31,669 (25%)
Puts: 95,131 (75%)
Current vs Prior -45.26%
Calls: -19.28% (Calls)
Puts: -53.91% (Puts)
Prior 7-Day Total 772,012
Calls: 412,214 (53%)
Puts: 359,798 (47%)
Prior 7-Day Average 110,287
Calls: 58,887 (53%)
Puts: 51,399 (47%)
Current vs Prior 7-Day Avg -37.07%
Calls: -56.59%
Puts: -14.70%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/21) $11.89M
Calls: $10.56M (89%)
Puts: $1.33M (11%)
Prior (07/20) $15.46M
Calls: $6.20M (40%)
Puts: $9.26M (60%)
Current vs Prior -23.08%
Calls: +70.44%
Puts: -85.67%
Prior 7-Day Total $66.46M
Calls: $46.62M (70%)
Puts: $19.84M (30%)
Prior 7-Day Average $9.49M
Calls: $6.66M (70%)
Puts: $2.83M (30%)
Current vs Prior 7-Day Avg +25.23%
Calls: +58.61%
Puts: -53.19%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/21) 1.72
Prior (07/20) 3.00
Current vs Prior -42.90%
Prior 7-Day Average 1.09
Current vs Prior 7-Day Avg +57.18%
Sentiment BEARISH

Open Interest

Detail
Current (07/21) 808,488
Calls: 361,941 (45%)
Puts: 446,547 (55%)
Prior (07/20) 726,859
Calls: 352,985 (49%)
Puts: 373,874 (51%)
Current vs Prior +11.23%
Prior 7-Day Total 8,333,752
Calls: 3,901,024 (47%)
Puts: 4,432,728 (53%)
Prior 7-Day Average 1,190,536
Calls: 557,289 (47%)
Puts: 633,246 (53%)
Current vs Prior 7-Day Avg -32.09%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/22) | Next (07/24)Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 1.37% | 1.71%1.71% | 2.60%4.28% | 6.31%
Prior 5.41% | 2.03%2.03% | 2.23%8.57% | 7.73%
Current vs Prior -74.62% | -15.89%-15.90% | +16.66%-50.06% | -18.35%
Prior 7-Day Avg 2.29% | 2.49%2.18% | 2.66%2.64% | 5.72%
Current vs 7-Day Avg -39.97% | -31.40%-21.47% | -2.15%+62.18% | +10.37%
Prior 7-Day Eod 5.41% | 2.03%2.03% | 2.23%8.57% | 7.73%
Current vs 7-Day Eod -74.62% | -15.89%-15.90% | +16.66%-50.06% | -18.35%
Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 91.76% | 45.75%
Calls: 124.00% | 56.41%
Puts: 59.52% | 35.09%
Prior 39.61% | 13.28%
Calls: 42.86% | 20.00%
Puts: 36.36% | 6.56%
Current vs Prior +131.66% | +244.50%
Prior 7-Day Avg 27.27% | 13.53%
Calls: 22.08% | 12.83%
Puts: 32.46% | 14.22%
Current vs 7-Day Avg +236.43% | +238.17%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($10.56M) vs puts ($1.33M). Below-average activity with volume down 45% vs prior. Extreme bearish P/C ratio of 1.72 - heavy put buying. P/C ratio dropping 43% - sentiment shifting bullish.

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 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 17 of results (avg 7.4%, best 3.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.00Aug 217.207.45$7.333.4%10.97287
$47.00Aug 219.159.60$9.384.8%310.93131
$52.00Jul 244.004.25$4.136.1%71.00144
$50.00Aug 216.206.60$6.406.2%100.9720.1K
$52.50Jul 313.553.80$3.686.8%--0.9118
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 213.804.05$3.936.4%110.95186

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.40, cheapest $0.06)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.00Aug 210.300.34$0.3212.5%8730.2316.5K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Jul 240.050.06$0.0616.7%2500.121.3K
$54.00Aug 210.290.35$0.3218.8%7750.2013.7K
$56.00Aug 210.820.94$0.8813.6%1.4K0.4627.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 129 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 2210.0512.45$11.2521.3%4431.00159
$46.00Jul 228.8511.50$10.1826.0%8821.0021
$47.00Jul 227.1510.60$8.8838.9%6681.0030
$48.00Jul 226.8010.15$8.4839.5%5221.0030
$49.00Jul 225.858.85$7.3540.8%4751.007
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.00Jul 228.6011.20$9.9026.3%90.99--
$67.00Jul 229.7012.20$10.9522.8%160.991
$65.00Jul 227.6010.20$8.9029.2%170.99--
$63.00Jul 225.408.75$7.0847.3%180.99--
$64.00Jul 226.709.75$8.2337.1%220.99--

Most actively traded options today. High liquidity = easy entry/exit. 229 active (total vol 65.5K, top 20.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.50Aug 210.001.10$0.55200.0%4.2K0.43370
$56.50Jul 220.010.10$0.06150.0%1.4K0.21260
$57.00Jul 310.040.33$0.19152.6%9980.242.3K
$58.00Jul 240.000.01$0.01100.0%9640.028.6K
$56.00Jul 240.280.50$0.3956.4%9330.543.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.030.06$0.0560.0%20.1K0.0392.4K
$55.50Jul 310.260.36$0.3132.3%6.5K0.341.3K
$56.50Aug 210.991.33$1.1629.3%3.7K0.577
$55.00Aug 210.410.58$0.5034.0%1.7K0.319.7K
$56.00Aug 210.820.94$0.8813.6%1.4K0.4627.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 52 strikes (avg 123.4%, max 354.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$50.00Jul 22Aug 2199.8%22.0%354.5%28320.1K
$46.00Jul 22Aug 21150.1%34.7%333.0%88234
$49.00Jul 22Aug 21106.3%25.5%316.4%476294
$51.00Jul 22Aug 2185.2%20.5%315.7%82430.8K
$45.00Jul 22Aug 21178.2%44.2%303.5%443187
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$60.00Jul 22Aug 2162.0%15.1%311.3%21189
$51.00Jul 22Aug 2885.2%22.3%282.2%616
$59.00Jul 22Aug 2148.6%15.1%221.4%574
$54.00Jul 22Aug 2850.6%16.4%208.0%47128
$53.00Jul 22Aug 2854.5%17.9%203.9%76279

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 9.53, avg 1.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$57.00$59.00Aug 3$0.19$1.81$0.199.53$57.19
$58.00$59.00Aug 21$0.15$0.85$0.155.67$58.15
$57.00$57.50Jul 29$0.10$0.40$0.104.00$57.10
$57.00$57.50Aug 14$0.12$0.38$0.123.17$57.12
$59.00$59.50Aug 28$0.12$0.38$0.123.17$59.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$54.00Aug 5$0.10$0.90$0.109.00$54.90
$52.50$52.00Jul 31$0.10$0.40$0.104.00$52.40
$47.00$46.00Aug 21$0.20$0.80$0.204.00$46.80
$56.00$54.00Aug 3$0.43$1.57$0.433.65$55.57
$55.50$55.00Jul 29$0.11$0.39$0.113.55$55.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 94 found (best R:R 22.33, avg 1.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.00$55.50Jul 27$3.35$3.35$0.1522.33$55.35
$51.00$52.00Aug 21$0.85$0.85$0.155.67$51.85
$53.00$54.00Aug 21$0.85$0.85$0.155.67$53.85
$53.00$54.50Aug 14$1.23$1.23$0.274.56$54.23
$52.50$53.00Aug 7$0.40$0.40$0.104.00$52.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$59.00$58.00Aug 21$0.89$0.89$0.118.09$58.11
$62.00$61.00Jul 22$0.88$0.88$0.127.33$61.12
$50.00$49.00Jul 31$0.82$0.82$0.184.56$49.18
$57.50$57.00Jul 31$0.40$0.40$0.104.00$57.10
$58.00$57.00Aug 14$0.76$0.76$0.243.17$57.24

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 25 found (avg debit $0.20, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.50Jul 24Jul 31$0.0534.7%30.6%
$53.00Jul 24Jul 31$0.0539.6%22.3%
$55.50Jul 22Jul 24$0.0621.6%15.4%
$53.50Jul 24Jul 31$0.0627.7%22.1%
$58.50Jul 31Aug 7$0.0817.1%17.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$55.50Jul 22Jul 24$0.0521.6%15.4%
$57.00Jul 22Jul 24$0.0618.6%15.4%
$50.50Jul 24Jul 29$0.0851.8%44.3%
$56.50Jul 22Jul 24$0.1016.8%15.8%
$56.00Jul 22Jul 24$0.1220.5%16.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 102 found (cheapest 0.86% of stock, avg 5.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$56.00Jul 22$0.30$0.18$0.48$55.52$56.480.86%
$56.50Jul 22$0.06$0.47$0.53$55.97$57.030.94%
$55.50Jul 22$0.63$0.05$0.68$54.82$56.181.21%
$56.00Jul 24$0.39$0.30$0.69$55.31$56.691.23%
$56.50Jul 24$0.15$0.57$0.72$55.78$57.221.28%
$55.50Jul 24$0.69$0.10$0.79$54.71$56.291.41%
$56.50Jul 27$0.22$0.65$0.87$55.63$57.371.55%
$57.00Jul 22$0.01$0.92$0.93$56.07$57.931.66%
$56.00Jul 27$0.56$0.40$0.96$55.04$56.961.71%
$55.50Jul 27$0.80$0.20$1.00$54.50$56.501.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 191 found (cheapest 0.11% of stock, avg 1.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$57.50$54.00Jul 24$0.03$0.03$0.06$53.94$57.56
$57.50$54.50Jul 24$0.03$0.03$0.06$54.44$57.56
$59.00$54.00Jul 24$0.04$0.03$0.07$53.93$59.07
$59.00$54.50Jul 24$0.04$0.03$0.07$54.43$59.07
$56.50$55.00Jul 22$0.06$0.02$0.08$54.92$56.58
$57.00$54.00Jul 24$0.05$0.03$0.08$53.92$57.08
$57.00$54.50Jul 24$0.05$0.03$0.08$54.42$57.08
$57.50$55.00Jul 24$0.03$0.06$0.09$54.91$57.59
$56.50$54.00Jul 22$0.06$0.04$0.10$53.90$56.60
$59.00$55.00Jul 24$0.04$0.06$0.10$54.90$59.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 36 found (best R:R 4.00, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
55/5656/57Aug 14$0.40$0.104.00$55.10$56.90
47/4956/56Aug 14$1.57$0.433.65$47.43$57.07
55/5658/58Aug 14$0.39$0.113.55$55.11$57.89
56/5658/58Aug 14$0.39$0.113.55$55.61$57.89
55/5656/57Aug 7$0.38$0.123.17$55.12$56.88
47/4954/55Aug 14$1.52$0.483.17$47.48$56.02
55/5656/56Aug 14$0.38$0.123.17$55.12$56.38
56/5657/58Jul 29$0.37$0.132.85$55.63$57.37
56/5656/57Aug 7$0.37$0.132.85$55.63$56.87
53/5456/57Aug 14$0.37$0.132.85$53.13$56.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 92 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$53.00$54.00$55.00Aug 21$0.05$0.9519.00
$58.00$59.00$60.00Aug 21$0.06$0.9415.67
$52.00$53.00$54.00Aug 21$0.07$0.9313.29
$50.50$51.00$51.50Jul 22$0.05$0.459.00
$48.00$48.50$49.00Jul 24$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$65.00$66.00$67.00Jul 22$0.05$0.9519.00
$48.00$49.00$50.00Aug 21$0.08$0.9211.50
$55.50$56.00$56.50Jul 27$0.05$0.459.00
$56.00$56.50$57.00Jul 31$0.05$0.459.00
$57.00$57.50$58.00Jul 31$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. 133 found (best net $-0.04, 111 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$45.00$50.001:2Jul 31-$1.05$3.95
$61.00$65.001:2Aug 28-$0.15$3.85
$58.00$59.001:2Jul 24-$0.07$0.93
$59.00$60.001:2Aug 7-$0.08$0.92
$61.00$62.001:2Aug 21-$0.13$0.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$45.001:2Aug 3-$0.04$4.96
$54.00$51.001:2Aug 3-$0.01$2.99
$53.50$50.501:2Jul 29-$0.11$2.89
$53.00$51.001:2Jul 22-$0.01$1.99
$49.00$47.001:2Aug 28-$0.07$1.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 28 found (best yield 1.57%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$56.50Aug 28$0.880.460.7%1.57%2.26%7100
$56.50Aug 14$0.660.440.7%1.18%1.87%198
$57.00Aug 21$0.600.391.6%1.07%2.66%1819.1K
$57.00Aug 28$0.530.381.6%0.94%2.53%69260
$56.50Aug 7$0.510.420.7%0.91%1.60%4149
$57.00Aug 14$0.500.361.6%0.89%2.48%5500
$57.50Aug 28$0.500.332.5%0.89%3.37%14101
$56.50Aug 3$0.360.420.7%0.64%1.34%1--
$56.50Jul 31$0.350.400.7%0.62%1.32%8403.8K
$58.00Aug 28$0.350.253.4%0.62%3.99%102458

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 25,562
Total Puts 43,846
Put/Call Ratio 1.72
Net Difference -18,284

Prior's Put/Call Breakdown

Total Calls 31,669
Total Puts 95,131
Put/Call Ratio 3.00
Net Difference -63,462

Prior 7-Day Put/Call Summary

Total Calls 412,214
Total Puts 359,798
Average Put/Call Ratio 1.09
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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