Tour v528
XLF
State StreetFinSelSectSPDRETF
$55.90 +0.42%
$55.85 (-0.09%)🌙
as of 09/21 06:05 PM
9/21 18:05

Option Volume

Detail
Current (09/21) 49,069
Calls: 26,574 (54%)
Puts: 22,495 (46%)
Prior (09/18) 163,957
Calls: 65,129 (40%)
Puts: 98,828 (60%)
Current vs Prior -70.07%
Calls: -59.20% (Calls)
Puts: -77.24% (Puts)
Prior 7-Day Total 1,389,334
Calls: 371,937 (27%)
Puts: 1,017,397 (73%)
Prior 7-Day Average 198,476
Calls: 53,133 (27%)
Puts: 145,342 (73%)
Current vs Prior 7-Day Avg -75.28%
Calls: -49.99%
Puts: -84.52%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/21) $2.63M
Calls: $1.46M (55%)
Puts: $1.17M (45%)
Prior (09/18) $19.97M
Calls: $17.68M (89%)
Puts: $2.30M (11%)
Current vs Prior -86.81%
Calls: -91.73%
Puts: -48.87%
Prior 7-Day Total $122.18M
Calls: $65.98M (54%)
Puts: $56.20M (46%)
Prior 7-Day Average $17.45M
Calls: $9.43M (54%)
Puts: $8.03M (46%)
Current vs Prior 7-Day Avg -84.90%
Calls: -84.50%
Puts: -85.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/21) 0.85
Prior (09/18) 1.52
Current vs Prior -44.21%
Prior 7-Day Average 2.08
Current vs Prior 7-Day Avg -59.28%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/21) 1,128,350
Calls: 404,890 (36%)
Puts: 723,460 (64%)
Prior (09/18) 2,999,290
Calls: 950,191 (32%)
Puts: 2,049,099 (68%)
Current vs Prior -62.38%
Prior 7-Day Total 19,000,698
Calls: 6,086,500 (32%)
Puts: 12,914,198 (68%)
Prior 7-Day Average 2,714,385
Calls: 869,500 (32%)
Puts: 1,844,885 (68%)
Current vs Prior 7-Day Avg -58.43%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/21) | Next (09/22)Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)
Current 0.95% | 1.84%0.95% | 1.25%1.74% | 2.67%0.95% | 3.77%
Prior 1.31% | 5.75%1.93% | 1.31%1.93% | 5.44%1.93% | 4.48%
Current vs Prior +40.99% | -78.21%-50.96% | -4.18%-10.25% | -51.02%-50.96% | -15.66%
Prior 7-Day Avg 1.35% | 2.37%1.64% | 1.53%1.59% | 2.92%2.44% | 4.72%
Current vs 7-Day Avg +36.24% | -47.12%-42.15% | -18.27%+9.19% | -8.69%-61.21% | -19.97%
Prior 7-Day Eod 0.97% | 1.29%1.93% | 1.31%1.93% | 5.44%1.93% | 4.48%
Current vs 7-Day Eod +90.91% | -2.69%-50.96% | -4.18%-10.25% | -51.02%-50.96% | -15.66%
Sentiment BEARISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 43.89% | 52.89%
Calls: 37.78% | 28.85%
Puts: 50.00% | 76.92%
Prior 106.67% | 26.57%
Calls: 119.05% | 26.67%
Puts: 94.29% | 26.47%
Current vs Prior -58.85% | +99.06%
Prior 7-Day Avg 57.34% | 40.00%
Calls: 61.97% | 52.62%
Puts: 61.75% | 33.03%
Current vs 7-Day Avg -23.46% | +32.22%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 87% vs prior. Below-average activity with volume down 70% vs prior. P/C ratio dropping 44% - sentiment shifting bullish. Put-heavy open interest (723,460 puts vs 404,890 calls) suggests hedging or bearish positioning.

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 NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 17 of results (avg 6.2%, best 3.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Sep 218.759.05$8.903.4%20.99--
$46.00Sep 219.8010.15$9.983.5%10.99--
$48.00Sep 217.808.10$7.953.8%20.99--
$50.00Sep 215.806.05$5.934.2%240.99--
$49.00Sep 216.607.00$6.805.9%1100.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.00Sep 239.8510.25$10.054.0%100.91--
$66.00Sep 219.7010.30$10.006.0%31.00--
$60.00Oct 93.954.20$4.086.1%--0.9813
$64.00Sep 257.908.40$8.156.1%31.00--
$62.00Sep 255.956.35$6.156.5%11.00186

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.31, cheapest $0.19)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.00Oct 160.240.29$0.2718.5%1.8K0.1937.2K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.50Sep 250.170.20$0.1915.8%3.5K0.32583
$54.00Oct 160.240.29$0.2718.5%1010.2151.1K
$55.00Oct 160.480.56$0.5215.4%2750.3641.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 189 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Sep 229.5510.20$9.886.6%11.00--
$47.00Sep 228.609.25$8.937.3%11.00--
$55.50Sep 220.420.61$0.5236.5%981.0041
$51.00Oct 52.807.15$4.9787.5%11.00--
$50.00Oct 165.856.25$6.056.6%11.0022.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Sep 211.411.87$1.6428.0%181.003
$58.00Sep 211.612.37$1.9938.2%91.0011
$58.50Sep 212.392.87$2.6318.3%11.00--
$59.00Sep 212.844.35$3.6041.9%21.002
$59.50Sep 213.403.75$3.589.8%61.00--

Most actively traded options today. High liquidity = easy entry/exit. 301 active (total vol 48.9K, top 6.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Sep 250.280.48$0.3852.6%6.5K0.484.7K
$57.50Oct 160.291.17$0.73120.5%3.4K0.32--
$56.00Sep 210.000.01$0.01100.0%3.3K0.122.0K
$58.00Oct 160.240.29$0.2718.5%1.8K0.1937.2K
$56.00Sep 220.050.28$0.17135.3%1.6K0.36604
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Sep 300.240.76$0.50104.0%4.4K0.5217.1K
$55.50Sep 250.170.20$0.1915.8%3.5K0.32583
$55.00Sep 300.090.41$0.25128.0%2.1K0.2717.8K
$56.00Sep 250.310.55$0.4355.8%2.0K0.536.4K
$56.00Sep 210.000.37$0.19194.7%1.1K0.91354

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 244.5%, max 314.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$65.00Sep 30Oct 30109.2%26.4%314.4%--5.8K
$66.00Sep 30Oct 16115.7%38.4%201.0%--254
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$53.50Sep 25Oct 3050.4%15.9%218.0%703.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 110 found (best R:R 7.33, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$52.00$54.50Oct 30$1.58$0.92$1.5888%0.58$53.58
$52.00$53.00Oct 16$0.61$0.39$0.6191%0.64$52.61
$52.00$53.00Oct 23$0.58$0.42$0.5892%0.72$52.58
$54.50$55.00Sep 22$0.20$0.30$0.2086%1.50$54.70
$54.50$55.00Sep 21$0.31$0.19$0.3197%0.61$54.81
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$62.00$61.00Oct 16$0.12$0.88$0.1298%7.33$61.88
$64.00$63.00Oct 16$0.25$0.75$0.2596%3.00$63.75
$66.00$65.00Sep 21$0.40$0.60$0.40100%1.50$65.60
$61.50$60.00Sep 21$1.00$0.50$1.00100%0.50$60.50
$60.00$59.00Oct 9$0.54$0.46$0.5498%0.85$59.46

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 58 found (best R:R 1.17, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$58.00$58.50Oct 23$0.29$0.29$0.2173%1.38$58.29
$64.00$65.00Oct 30$0.20$0.20$0.8090%0.25$64.20
$59.50$60.00Oct 23$0.15$0.15$0.3587%0.43$59.65
$58.00$58.50Sep 25$0.11$0.11$0.3987%0.28$58.11
$62.00$63.00Sep 30$0.10$0.10$0.9093%0.11$62.10
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$53.00$52.50Oct 23$0.27$0.27$0.2379%1.17$52.73
$53.00$52.50Sep 25$0.20$0.20$0.3086%0.67$52.80
$54.50$54.00Sep 22$0.20$0.20$0.3078%0.67$54.30
$51.00$50.00Oct 30$0.19$0.19$0.8189%0.23$50.81
$52.00$51.00Sep 25$0.11$0.11$0.8992%0.12$51.89

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 124 found (cheapest 0.36% of stock, avg 3.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$56.00Sep 21$0.01$0.19$0.20$55.80$56.200.36%
$55.50Sep 21$0.34$0.01$0.35$55.15$55.850.63%
$56.00Sep 23$0.24$0.25$0.49$55.51$56.490.88%
$55.50Sep 23$0.45$0.08$0.53$54.97$56.030.95%
$55.50Sep 22$0.52$0.03$0.55$54.95$56.050.98%
$56.00Sep 24$0.28$0.31$0.59$55.41$56.591.06%
$56.00Sep 22$0.17$0.51$0.68$55.32$56.681.22%
$56.50Sep 22$0.01$0.68$0.69$55.81$57.191.23%
$55.50Sep 24$0.50$0.20$0.70$54.80$56.201.25%
$56.00Sep 28$0.29$0.43$0.72$55.28$56.721.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 258 found (cheapest 0.07% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$56.50$55.50Sep 22$0.01$0.03$0.04$55.46$56.54
$57.50$55.00Sep 23$0.03$0.02$0.05$54.95$57.55
$57.00$54.50Sep 25$0.04$0.05$0.09$54.41$57.09
$57.50$55.50Sep 23$0.03$0.08$0.11$55.39$57.61
$56.50$55.00Sep 23$0.10$0.02$0.12$54.88$56.62
$57.50$54.00Sep 23$0.03$0.11$0.14$53.86$57.64
$57.00$55.50Sep 22$0.11$0.03$0.14$55.36$57.14
$57.00$55.00Sep 25$0.04$0.10$0.14$54.86$57.14
$57.50$55.50Sep 22$0.11$0.03$0.14$55.36$57.64
$58.00$55.50Sep 22$0.11$0.03$0.14$55.36$58.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 29 found (best R:R 3.55, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
52/5358/59Oct 23$0.39$0.1161%3.55$52.61$58.89
52/5360/60Sep 25$0.30$0.2076%1.50$52.70$59.80
52/5358/58Sep 25$0.31$0.1973%1.63$52.69$58.31
50/5164/65Oct 30$0.39$0.6178%0.64$50.61$64.39
50/5158/58Oct 16$0.57$0.4358%1.33$50.43$58.07
54/5560/60Oct 23$0.37$0.1352%2.85$54.63$59.87
52/5356/57Sep 25$0.31$0.1959%1.63$52.69$56.81
46/4762/63Sep 30$0.23$0.7786%0.30$46.77$62.23
54/5458/58Oct 30$0.39$0.1139%3.55$54.11$57.89
54/5558/59Oct 23$0.34$0.1648%2.12$54.66$58.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 117 found (best R:R 1.63, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$55.50$56.00$56.50Sep 22$0.19$0.3195%1.63
$54.00$55.00$56.00Sep 28$0.19$0.8154%4.26
$55.00$55.50$56.00Sep 21$0.15$0.3585%2.33
$55.50$56.00$56.50Sep 23$0.07$0.4355%6.14
$55.00$55.50$56.00Sep 22$0.11$0.3956%3.55
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$55.00$55.50$56.00Sep 21$0.18$0.3288%1.78
$54.00$55.00$56.00Sep 30$0.18$0.8236%4.56
$55.00$55.50$56.00Sep 23$0.11$0.3946%3.55
$55.00$55.50$56.00Sep 24$0.06$0.4432%7.33
$55.50$56.00$56.50Sep 21$0.40$0.1091%0.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 210 found (best net $-0.79, 159 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$52.00$54.501:2Oct 30-$0.74$1.76
$54.00$55.001:2Sep 28-$0.10$0.90
$54.00$55.001:2Sep 29-$0.16$0.84
$53.50$55.001:2Oct 23-$0.48$1.02
$54.00$55.001:2Sep 30-$0.22$0.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$62.00$59.001:2Sep 25-$0.79$2.21
$58.50$57.001:2Oct 30-$0.37$1.13
$58.00$57.001:2Sep 30-$0.17$0.83
$58.00$57.001:2Sep 28-$0.28$0.72
$57.50$57.001:2Sep 21-$0.14$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 35 found (best yield 1.72%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$56.00Oct 30$0.960.480.2%1.72%1.90%--238
$57.00Oct 30$0.600.372.0%1.07%3.04%106298
$56.50Oct 30$0.730.431.1%1.31%2.38%16167
$56.00Oct 23$0.800.480.2%1.43%1.61%3154
$56.50Oct 23$0.580.411.1%1.04%2.11%52192
$57.50Oct 30$0.340.302.9%0.61%3.47%847
$57.50Oct 16$0.290.322.9%0.52%3.38%3.4K--
$58.00Oct 23$0.220.273.8%0.39%4.15%83203
$57.00Oct 23$0.360.352.0%0.64%2.61%53307
$57.50Oct 23$0.200.322.9%0.36%3.22%26154

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 26,574
Total Puts 22,495
Put/Call Ratio 0.85
Net Difference 4,079

Prior's Put/Call Breakdown

Total Calls 65,129
Total Puts 98,828
Put/Call Ratio 1.52
Net Difference -33,699

Prior 7-Day Put/Call Summary

Total Calls 371,937
Total Puts 1,017,397
Average Put/Call Ratio 2.08
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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