Tour v394
XLF
State StreetFinSelSectSPDRETF
$55.83 -0.39%
$55.79 (-0.07%)🌙
as of 07/23 06:07 PM
7/23 18:07

Option Volume

Detail
Current (07/23) 65,774
Calls: 19,738 (30%)
Puts: 46,036 (70%)
Prior (07/22) 51,940
Calls: 27,845 (54%)
Puts: 24,095 (46%)
Current vs Prior +26.63%
Calls: -29.11% (Calls)
Puts: +91.06% (Puts)
Prior 7-Day Total 653,295
Calls: 319,037 (49%)
Puts: 334,258 (51%)
Prior 7-Day Average 93,327
Calls: 45,576 (49%)
Puts: 47,751 (51%)
Current vs Prior 7-Day Avg -29.52%
Calls: -56.69%
Puts: -3.59%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/23) $5.53M
Calls: $4.31M (78%)
Puts: $1.21M (22%)
Prior (07/22) $13.92M
Calls: $12.01M (86%)
Puts: $1.91M (14%)
Current vs Prior -60.31%
Calls: -64.09%
Puts: -36.59%
Prior 7-Day Total $78.24M
Calls: $57.85M (74%)
Puts: $20.39M (26%)
Prior 7-Day Average $11.18M
Calls: $8.26M (74%)
Puts: $2.91M (26%)
Current vs Prior 7-Day Avg -50.55%
Calls: -47.81%
Puts: -58.34%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23) 2.33
Prior (07/22) 0.87
Current vs Prior +169.53%
Prior 7-Day Average 1.27
Current vs Prior 7-Day Avg +83.53%
Sentiment BEARISH

Open Interest

Detail
Current (07/23) 857,494
Calls: 371,344 (43%)
Puts: 486,150 (57%)
Prior (07/22) 743,796
Calls: 316,046 (42%)
Puts: 427,750 (58%)
Current vs Prior +15.29%
Prior 7-Day Total 7,183,135
Calls: 3,331,045 (46%)
Puts: 3,852,090 (54%)
Prior 7-Day Average 1,026,162
Calls: 475,863 (46%)
Puts: 550,298 (54%)
Current vs Prior 7-Day Avg -16.44%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/27)Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 1.27% | 1.86%1.27% | 2.56%4.26% | 5.93%
Prior 1.45% | 1.64%1.45% | 2.98%3.96% | 6.32%
Current vs Prior -12.00% | +13.49%-12.00% | -14.04%+7.63% | -6.13%
Prior 7-Day Avg 2.25% | 2.18%1.96% | 2.66%3.26% | 5.91%
Current vs 7-Day Avg -43.59% | -14.50%-35.23% | -3.59%+30.58% | +0.28%
Prior 7-Day Eod 1.45% | 1.64%1.45% | 2.98%3.96% | 6.32%
Current vs 7-Day Eod -12.00% | +13.49%-12.00% | -14.04%+7.63% | -6.13%
Sentiment BULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 45.02% | 34.49%
Calls: 34.78% | 22.64%
Puts: 55.26% | 46.34%
Prior 44.16% | 71.59%
Calls: 41.38% | 62.16%
Puts: 46.94% | 81.03%
Current vs Prior +1.95% | -51.82%
Prior 7-Day Avg 38.21% | 26.50%
Calls: 39.27% | 26.53%
Puts: 37.14% | 26.48%
Current vs 7-Day Avg +17.84% | +30.13%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($4.31M) vs puts ($1.21M). Light premium activity with dollar volume down 60% vs prior. Extreme bearish P/C ratio of 2.33 - heavy put buying. P/C ratio rising 170% - increased hedging/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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 9 of results (avg 7.6%, best 3.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Aug 217.908.15$8.033.1%10.97252
$50.00Aug 215.956.20$6.084.1%50.9520.1K
$53.00Aug 213.103.35$3.237.7%50.8437.5K
$53.00Jul 312.823.05$2.937.8%70.71240
$53.00Jul 242.742.97$2.868.0%70.98582
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.39, cheapest $0.06)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.50Aug 70.861.02$0.9417.0%230.58179
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.00Aug 210.050.06$0.0616.7%170.037.5K
$50.00Aug 210.070.08$0.0812.5%14.5K0.05102.5K
$54.50Aug 210.440.53$0.4918.4%1700.291.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 109 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 3110.0511.50$10.7813.5%--1.0020
$45.00Jul 2410.4512.10$11.2714.6%2810.99254
$45.50Jul 249.2511.50$10.3821.7%1760.99231
$46.00Jul 247.7011.15$9.4336.6%800.9947
$46.50Jul 247.2010.70$8.9539.1%740.9920
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.00Jul 241.071.27$1.1717.1%2641.00529
$58.00Jul 241.904.45$3.1880.2%31.00--
$59.00Jul 241.234.95$3.09120.4%31.001
$61.00Jul 243.957.30$5.6359.5%31.00--
$62.00Jul 244.258.25$6.2564.0%31.00--

Most actively traded options today. High liquidity = easy entry/exit. 219 active (total vol 64.5K, top 14.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Jul 240.060.22$0.14114.3%4.5K0.383.5K
$56.50Jul 310.240.36$0.3040.0%1.7K0.324.3K
$55.50Jul 240.270.54$0.4165.9%1.3K0.701.2K
$57.00Jul 310.100.22$0.1675.0%9030.203.5K
$59.00Aug 210.090.14$0.1241.7%6670.1013.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.070.08$0.0812.5%14.5K0.05102.5K
$55.00Jul 310.180.38$0.2871.4%8.7K0.2915.2K
$55.50Jul 240.090.15$0.1250.0%4.3K0.303.1K
$56.00Jul 310.560.69$0.6320.6%2.3K0.5621.8K
$52.00Aug 210.140.19$0.1729.4%1.8K0.1047.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 49 strikes (avg 172.6%, max 398.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$45.00Jul 24Aug 21175.6%35.3%398.2%281282
$48.00Jul 24Aug 21127.8%28.4%350.0%194469
$49.00Jul 24Aug 21111.9%26.0%329.8%10301
$60.00Jul 24Aug 2865.8%15.3%329.3%148
$46.00Jul 24Aug 21158.9%37.2%326.7%8060
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$45.00Jul 24Aug 21175.6%35.3%398.2%24.6K
$48.00Jul 24Aug 21127.8%28.4%350.0%84028.1K
$50.00Jul 24Sep 495.9%22.6%323.9%1145
$59.00Jul 24Aug 2152.5%15.0%250.4%4475
$49.50Jul 24Aug 28104.7%30.6%242.2%--190

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 81 found (best R:R 14.38, avg 2.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$61.00$65.00Aug 14$0.41$3.59$0.418.76$61.41
$58.00$59.00Aug 21$0.16$0.84$0.165.25$58.16
$54.00$55.00Aug 28$0.18$0.82$0.184.56$54.18
$56.50$57.00Aug 5$0.10$0.40$0.104.00$56.60
$58.50$62.00Sep 4$0.75$2.75$0.753.67$59.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$51.00Aug 3$0.26$3.74$0.2614.38$54.74
$51.50$50.00Sep 4$0.10$1.40$0.1014.00$51.40
$55.50$55.00Aug 21$0.11$0.39$0.113.55$55.39
$49.50$48.00Aug 7$0.36$1.14$0.363.17$49.14
$52.50$52.00Aug 21$0.12$0.38$0.123.17$52.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 103 found (best R:R 25.92, avg 1.67)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.00$55.50Jul 27$3.37$3.37$0.1325.92$55.37
$45.00$52.00Jul 31$6.38$6.38$0.6210.29$51.38
$53.00$54.50Aug 14$1.33$1.33$0.177.82$54.33
$52.50$54.50Sep 4$1.72$1.72$0.286.14$54.22
$53.00$54.00Aug 21$0.81$0.81$0.194.26$53.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$58.00$57.00Aug 28$0.88$0.88$0.127.33$57.12
$57.00$56.50Jul 24$0.40$0.40$0.104.00$56.60
$57.00$56.50Jul 29$0.37$0.37$0.132.85$56.63
$56.50$56.00Jul 31$0.36$0.36$0.142.57$56.14
$53.50$53.00Aug 21$0.35$0.35$0.152.33$53.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $0.32, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 24Jul 31$0.0750.6%68.9%
$56.50Jul 24Jul 27$0.0716.2%14.0%
$52.00Jul 24Jul 27$0.1060.1%74.5%
$56.00Jul 24Jul 27$0.1018.8%13.9%
$53.50Jul 24Jul 31$0.1142.8%21.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$55.00Jul 24Jul 27$0.0727.1%17.2%
$55.50Jul 24Jul 27$0.0722.8%13.7%
$54.00Jul 24Jul 31$0.0945.6%21.0%
$51.50Jul 24Jul 27$0.1167.2%55.7%
$56.00Jul 24Jul 27$0.1118.8%13.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 0.79% of stock, avg 5.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$56.00Jul 24$0.14$0.30$0.44$55.56$56.440.79%
$55.50Jul 24$0.41$0.12$0.53$54.97$56.030.95%
$56.00Jul 27$0.24$0.41$0.65$55.35$56.651.16%
$56.50Jul 24$0.02$0.77$0.79$55.71$57.291.42%
$55.50Jul 27$0.63$0.19$0.82$54.68$56.321.47%
$56.00Jul 29$0.38$0.52$0.90$55.10$56.901.61%
$55.50Jul 29$0.60$0.32$0.92$54.58$56.421.65%
$55.00Jul 24$0.90$0.05$0.95$54.05$55.951.70%
$56.50Jul 29$0.18$0.83$1.01$55.49$57.511.81%
$56.00Jul 31$0.44$0.63$1.07$54.93$57.071.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 218 found (cheapest 0.11% of stock, avg 1.68%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$56.50$54.00Jul 24$0.02$0.04$0.06$53.94$56.56
$56.50$55.00Jul 24$0.02$0.05$0.07$54.93$56.57
$57.00$54.50Jul 27$0.05$0.03$0.08$54.42$57.08
$57.00$53.50Jul 27$0.05$0.05$0.10$53.40$57.10
$56.50$54.50Jul 27$0.09$0.03$0.12$54.38$56.62
$56.50$55.50Jul 24$0.02$0.12$0.14$55.36$56.64
$56.50$53.50Jul 27$0.09$0.05$0.14$53.36$56.64
$58.00$54.50Jul 27$0.12$0.03$0.15$54.35$58.15
$58.00$53.50Jul 27$0.12$0.05$0.17$53.33$58.17
$57.00$55.00Jul 27$0.05$0.12$0.17$54.83$57.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 60 found (best R:R 10.11, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
50/5252/54Sep 4$1.82$0.1810.11$49.68$54.32
48/5053/54Aug 7$1.27$0.235.52$48.23$54.27
56/5760/60Aug 28$0.40$0.104.00$56.60$59.90
47/4960/61Aug 28$1.57$0.433.65$47.43$62.07
54/5456/57Aug 14$0.39$0.113.55$53.61$56.89
53/5456/57Aug 28$0.39$0.113.55$53.11$56.89
56/5658/58Aug 28$0.39$0.113.55$56.11$57.89
52/5356/56Aug 14$0.38$0.123.17$52.62$56.38
55/5658/58Aug 28$0.38$0.123.17$55.12$57.88
54/5456/56Aug 14$0.37$0.132.85$53.63$56.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 73 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$58.00$59.00$60.00Aug 21$0.09$0.9110.11
$52.00$53.00$54.00Aug 21$0.11$0.898.09
$52.00$52.50$53.00Jul 24$0.06$0.447.33
$57.00$57.50$58.00Aug 21$0.06$0.447.33
$58.00$58.50$59.00Aug 7$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$47.00$48.00$49.00Aug 21$0.09$0.9110.11
$55.00$55.50$56.00Jul 31$0.05$0.459.00
$53.50$54.00$54.50Aug 14$0.05$0.459.00
$54.50$55.00$55.50Jul 29$0.06$0.447.33
$55.00$55.50$56.00Jul 29$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. 135 found (best net $-0.40, 109 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$61.00$65.001:2Aug 28-$1.06$2.94
$52.50$54.501:2Sep 4-$0.54$1.46
$53.00$54.501:2Aug 14-$0.54$0.96
$59.00$60.001:2Jul 31-$0.06$0.94
$59.00$60.001:2Aug 3-$0.26$0.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$45.001:2Aug 3-$0.40$4.60
$50.00$48.001:2Jul 27-$0.04$1.96
$49.50$48.001:2Jul 24-$0.01$1.49
$51.50$50.001:2Sep 4-$0.02$1.48
$61.00$59.001:2Jul 24-$0.55$1.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 33 found (best yield 1.77%, avg 0.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$56.00Sep 4$0.990.560.3%1.77%2.08%45--
$56.00Aug 28$0.960.480.3%1.72%2.02%5011.8K
$56.00Aug 21$0.950.490.3%1.70%2.01%63558.2K
$56.50Sep 4$0.840.481.2%1.50%2.70%92--
$56.00Aug 14$0.740.470.3%1.33%1.63%23110
$56.50Aug 28$0.610.411.2%1.09%2.29%2109
$56.00Aug 7$0.600.470.3%1.07%1.38%25366
$57.00Aug 28$0.580.352.1%1.04%3.13%44324
$57.00Aug 21$0.500.352.1%0.90%2.99%5528.7K
$56.50Aug 21$0.490.411.2%0.88%2.08%44.6K

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 19,738
Total Puts 46,036
Put/Call Ratio 2.33
Net Difference -26,298

Prior's Put/Call Breakdown

Total Calls 27,845
Total Puts 24,095
Put/Call Ratio 0.87
Net Difference 3,750

Prior 7-Day Put/Call Summary

Total Calls 319,037
Total Puts 334,258
Average Put/Call Ratio 1.27
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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