Tour v477
XLF
State StreetFinSelSectSPDRETF
$57.09 +0.15%
7/31 15:19

Option Volume

Detail
Current (07/31) 38,989
Calls: 16,337 (42%)
Puts: 22,652 (58%)
Prior (07/30) 55,180
Calls: 14,130 (26%)
Puts: 41,050 (74%)
Current vs Prior -29.34%
Calls: +15.62% (Calls)
Puts: -44.82% (Puts)
Prior 7-Day Total 547,305
Calls: 177,350 (32%)
Puts: 369,955 (68%)
Prior 7-Day Average 78,186
Calls: 25,335 (32%)
Puts: 52,850 (68%)
Current vs Prior 7-Day Avg -50.13%
Calls: -35.52%
Puts: -57.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $2.01M
Calls: $1.63M (81%)
Puts: $380.9K (19%)
Prior (07/30) $4.08M
Calls: $3.15M (77%)
Puts: $927.8K (23%)
Current vs Prior -50.75%
Calls: -48.34%
Puts: -58.95%
Prior 7-Day Total $60.38M
Calls: $45.93M (76%)
Puts: $14.45M (24%)
Prior 7-Day Average $8.63M
Calls: $6.56M (76%)
Puts: $2.06M (24%)
Current vs Prior 7-Day Avg -76.72%
Calls: -75.19%
Puts: -81.55%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 1.39
Prior (07/30) 2.91
Current vs Prior -52.27%
Prior 7-Day Average 2.02
Current vs Prior 7-Day Avg -31.20%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 933,320
Calls: 352,572 (38%)
Puts: 580,748 (62%)
Prior (07/30) 816,131
Calls: 283,269 (35%)
Puts: 532,862 (65%)
Current vs Prior +14.36%
Prior 7-Day Total 5,318,545
Calls: 2,164,442 (41%)
Puts: 3,154,103 (59%)
Prior 7-Day Average 759,792
Calls: 309,206 (41%)
Puts: 450,586 (59%)
Current vs Prior 7-Day Avg +22.84%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/03)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.98% | 1.26%0.98% | 1.96%3.07% | 5.18%
Prior 0.67% | 0.96%0.67% | 1.58%2.86% | 4.37%
Current vs Prior +47.14% | +30.70%+47.13% | +24.25%+7.19% | +18.69%
Prior 7-Day Avg 1.52% | 2.16%1.81% | 2.63%4.03% | 6.07%
Current vs 7-Day Avg -35.44% | -41.52%-45.91% | -25.49%-23.96% | -14.59%
Prior 7-Day Eod 0.67% | 0.96%0.67% | 1.58%2.86% | 4.37%
Current vs 7-Day Eod +47.14% | +30.70%+47.13% | +24.25%+7.19% | +18.69%
Sentiment BEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 30.65% | 25.16%
Calls: 20.00% | 21.74%
Puts: 41.30% | 28.57%
Prior 22.62% | 77.77%
Calls: 14.81% | 110.71%
Puts: 30.43% | 44.83%
Current vs Prior +35.50% | -67.65%
Prior 7-Day Avg 32.60% | 37.47%
Calls: 26.13% | 38.23%
Puts: 39.07% | 36.71%
Current vs 7-Day Avg -5.99% | -32.85%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($1.63M) vs puts ($380.9K). Light premium activity with dollar volume down 51% vs prior. Bearish P/C ratio of 1.39 indicates protective positioning. P/C ratio dropping 52% - 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 BULLISH
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 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 89 of results (avg 5.7%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Aug 2111.0511.30$11.182.2%--1.0013
$47.00Aug 2110.0510.30$10.182.5%--1.00114
$47.00Jul 319.9010.15$10.032.5%1271.00322
$49.50Jul 317.457.65$7.552.6%411.0015
$48.00Aug 219.059.30$9.182.7%21.00246
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.00Aug 210.650.67$0.663.0%1.5K0.4816.8K
$55.50Aug 210.240.25$0.254.0%1.6K0.213.1K
$56.00Aug 210.330.35$0.345.9%5770.2838.6K
$57.50Aug 210.870.93$0.906.7%70.5872
$62.00Jul 314.855.20$5.037.0%60.99--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 53 found (avg $0.48, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 70.210.24$0.2213.6%2.5K0.341.5K
$59.00Aug 280.210.24$0.2213.6%1950.1985
$58.50Aug 210.210.25$0.2317.4%120.222.2K
$58.00Aug 140.230.27$0.2516.0%250.27200
$57.50Aug 100.250.30$0.2817.9%3790.35--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.00Aug 210.100.12$0.1118.2%2090.1034.8K
$53.00Aug 280.100.12$0.1118.2%50.08308
$55.50Aug 140.150.18$0.1618.8%1.1K0.18592
$55.00Aug 210.170.20$0.1915.8%1980.1613.8K
$56.50Aug 70.190.21$0.2010.0%8560.30260

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 117 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Jul 3110.8011.15$10.983.2%2511.0084
$46.50Jul 3110.3510.65$10.502.9%961.00307
$47.00Jul 319.9010.15$10.032.5%1271.00322
$47.50Jul 319.409.70$9.553.1%1171.00158
$48.00Jul 318.859.15$9.003.3%691.00157
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Aug 35.709.05$7.3845.4%20.99--
$62.00Jul 314.855.20$5.037.0%60.99--
$63.00Aug 35.656.85$6.2519.2%40.99--
$62.00Aug 34.106.75$5.4348.8%20.99--
$59.00Jul 311.812.85$2.3344.6%20.981

Most actively traded options today. High liquidity = easy entry/exit. 195 active (total vol 38.8K, top 8.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.00Jul 310.090.11$0.1020.0%5.0K0.736.3K
$58.00Aug 70.080.11$0.1030.0%2.5K0.184.4K
$57.50Aug 70.210.24$0.2213.6%2.5K0.341.5K
$56.50Jul 310.470.62$0.5427.8%5740.985.2K
$57.50Aug 100.250.30$0.2817.9%3790.35--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Aug 210.030.04$0.0425.0%8.1K0.0375.2K
$55.50Aug 210.240.25$0.254.0%1.6K0.213.1K
$57.00Aug 210.650.67$0.663.0%1.5K0.4816.8K
$52.00Aug 210.040.06$0.0540.0%1.4K0.0436.7K
$56.50Jul 310.000.01$0.01100.0%1.4K0.049.6K

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 1110.9%, max 2360.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$46.00Jul 31Aug 21860.3%38.4%2139.4%25197
$47.00Jul 31Aug 21779.8%36.3%2048.9%127436
$48.00Jul 31Aug 21704.3%33.8%1984.5%71403
$49.00Jul 31Aug 21630.6%30.3%1982.8%26575
$50.00Jul 31Aug 21550.7%27.6%1898.8%4020.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$48.00Jul 31Sep 4704.3%28.6%2360.9%--68
$47.00Jul 31Aug 28779.8%33.2%2245.5%1069
$50.00Jul 31Sep 4550.7%23.9%2199.5%--1.0K
$49.00Jul 31Aug 28630.6%27.6%2185.6%--734
$51.50Jul 31Sep 4444.6%20.9%2031.1%--964

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 53 found (best R:R 12.16, avg 2.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$59.50$62.00Sep 4$0.19$2.31$0.1912.16$59.69
$58.00$58.50Aug 14$0.11$0.39$0.113.55$58.11
$57.50$58.00Aug 7$0.12$0.38$0.123.17$57.62
$57.50$58.00Aug 10$0.13$0.37$0.132.85$57.63
$58.50$59.00Aug 28$0.13$0.37$0.132.85$58.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$54.50$52.00Sep 11$0.20$2.30$0.2011.50$54.30
$56.50$56.00Aug 12$0.10$0.40$0.104.00$56.40
$56.00$55.50Aug 28$0.10$0.40$0.104.00$55.90
$56.00$55.00Sep 11$0.21$0.79$0.213.76$55.79
$56.50$56.00Aug 14$0.13$0.37$0.132.85$56.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 39.91, avg 2.08)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.50$55.00Aug 3$4.39$4.39$0.1139.91$54.89
$54.00$55.00Sep 4$0.88$0.88$0.127.33$54.88
$55.50$56.00Aug 21$0.40$0.40$0.104.00$55.90
$56.00$56.50Aug 7$0.39$0.39$0.113.55$56.39
$56.00$56.50Aug 10$0.39$0.39$0.113.55$56.39
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$62.00$59.00Jul 31$2.70$2.70$0.309.00$59.30
$63.00$62.00Aug 3$0.82$0.82$0.184.56$62.18
$58.50$58.00Aug 21$0.39$0.39$0.113.55$58.11
$58.00$57.50Aug 7$0.38$0.38$0.123.17$57.62
$57.50$57.00Aug 3$0.34$0.34$0.162.12$57.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $0.15, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$48.00Jul 31Aug 7$0.07704.3%51.8%
$53.50Jul 31Aug 7$0.07297.4%24.2%
$50.00Jul 31Aug 14$0.08550.7%32.7%
$54.50Jul 31Aug 7$0.08223.3%19.8%
$52.00Jul 31Aug 14$0.12373.1%24.2%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$58.00Aug 7Aug 12$0.0712.7%13.6%
$57.00Jul 31Aug 3$0.1223.4%8.5%
$58.50Jul 31Aug 21$0.14131.6%13.3%
$62.00Jul 31Aug 3$0.40361.8%40.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 101 found (cheapest 0.23% of stock, avg 5.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$57.00Jul 31$0.10$0.03$0.13$56.87$57.130.23%
$57.00Aug 3$0.23$0.15$0.38$56.62$57.380.67%
$57.50Jul 31$0.01$0.46$0.47$57.03$57.970.82%
$57.50Aug 3$0.05$0.49$0.54$56.96$58.040.95%
$56.50Jul 31$0.54$0.01$0.55$55.95$57.050.96%
$56.50Aug 3$0.59$0.05$0.64$55.86$57.141.12%
$57.00Aug 5$0.37$0.31$0.68$56.32$57.681.19%
$57.50Aug 5$0.14$0.56$0.70$56.80$58.201.23%
$57.00Aug 7$0.47$0.38$0.85$56.15$57.851.49%
$57.50Aug 7$0.22$0.65$0.87$56.63$58.371.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 144 found (cheapest 0.12% of stock, avg 1.08%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$57.50$56.00Aug 3$0.05$0.02$0.07$55.93$57.57
$58.50$55.00Aug 5$0.03$0.04$0.07$54.93$58.57
$58.50$55.50Aug 5$0.03$0.05$0.08$55.42$58.58
$58.50$55.00Aug 7$0.04$0.05$0.09$54.91$58.59
$57.50$56.50Aug 3$0.05$0.05$0.10$56.40$57.60
$58.00$55.00Aug 5$0.06$0.04$0.10$54.90$58.10
$58.00$55.50Aug 5$0.06$0.05$0.11$55.39$58.11
$58.50$55.50Aug 7$0.04$0.07$0.11$55.39$58.61
$58.50$56.00Aug 5$0.03$0.09$0.12$55.88$58.62
$58.00$56.00Aug 5$0.06$0.09$0.15$55.85$58.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 3.55, avg credit $0.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
56/5657/58Sep 4$0.39$0.113.55$55.61$57.39
56/5658/58Sep 4$0.39$0.113.55$56.11$57.89
56/5657/58Aug 14$0.38$0.123.17$56.12$57.38
56/5658/58Aug 28$0.38$0.123.17$56.12$57.88
57/5858/58Aug 28$0.38$0.123.17$57.12$58.38
56/5758/58Aug 14$0.36$0.142.57$56.64$57.86
56/5657/58Aug 28$0.36$0.142.57$55.64$57.36
56/5658/58Sep 4$0.36$0.142.57$55.64$57.86
56/5658/58Sep 4$0.34$0.162.13$56.16$58.34
56/5658/58Aug 28$0.33$0.171.94$55.67$57.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 54 found (best R:R 9.47, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$46.00$50.50$55.00Aug 3$0.43$4.079.47
$55.50$56.00$56.50Jul 31$0.05$0.459.00
$56.00$56.50$57.00Jul 31$0.05$0.459.00
$57.50$58.00$58.50Aug 5$0.05$0.459.00
$56.00$56.50$57.00Aug 10$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$56.00$56.50$57.00Aug 14$0.05$0.459.00
$56.50$57.00$57.50Aug 12$0.06$0.447.33
$55.50$56.00$56.50Aug 21$0.06$0.447.33
$56.00$56.50$57.00Aug 3$0.07$0.436.14
$56.50$57.00$57.50Aug 21$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 109 found (best net $--, 92 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$61.00$65.001:2Aug 28$0.00$4.00
$62.00$65.001:2Sep 4$0.00$3.00
$46.00$50.501:2Aug 3-$1.61$2.89
$48.00$51.501:2Aug 7-$2.13$1.37
$59.00$60.001:2Aug 7$0.00$1.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$54.00$51.001:2Aug 3-$0.01$2.99
$48.00$46.001:2Sep 4-$0.01$1.99
$49.00$47.001:2Aug 14-$0.02$1.98
$49.00$47.001:2Aug 28-$0.03$1.97
$50.00$48.001:2Sep 4-$0.04$1.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 1.49%, avg 0.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$57.50Sep 4$0.850.440.7%1.49%2.21%2029
$57.50Aug 28$0.700.430.7%1.23%1.94%27140
$58.00Sep 4$0.620.371.6%1.09%2.68%15176
$57.50Aug 21$0.580.420.7%1.02%1.73%2411.9K
$58.00Aug 28$0.480.351.6%0.84%2.43%11510
$58.50Sep 4$0.450.302.5%0.79%3.26%1172
$57.50Aug 14$0.400.390.7%0.70%1.42%20335
$58.00Aug 21$0.350.311.6%0.61%2.21%33513.6K
$58.50Aug 28$0.320.272.5%0.56%3.03%18486
$59.00Sep 4$0.290.233.4%0.51%3.85%118

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 16,337
Total Puts 22,652
Put/Call Ratio 1.39
Net Difference -6,315

Prior's Put/Call Breakdown

Total Calls 14,130
Total Puts 41,050
Put/Call Ratio 2.91
Net Difference -26,920

Prior 7-Day Put/Call Summary

Total Calls 177,350
Total Puts 369,955
Average Put/Call Ratio 2.02
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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