Tour v528
XLF
State StreetFinSelSectSPDRETF
$54.77 -2.03%
9/22 12:01

Option Volume

Detail
Current (09/22 12:00pm) 159,035
Calls: 40,658 (26%)
Puts: 118,377 (74%)
Prior (09/18) 65,736
Calls: 18,498 (28%)
Puts: 47,238 (72%)
Current vs Prior +141.93%
Calls: +119.80% (Calls)
Puts: +150.60% (Puts)
Prior 7-Day Total 1,378,902
Calls: 367,445 (27%)
Puts: 1,011,457 (73%)
Prior 7-Day Average 196,986
Calls: 52,492 (27%)
Puts: 144,493 (73%)
Current vs Prior 7-Day Avg -19.27%
Calls: -22.54%
Puts: -18.07%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/22 12:00pm) $11.95M
Calls: $1.57M (13%)
Puts: $10.39M (87%)
Prior (09/18) $2.30M
Calls: $776.6K (34%)
Puts: $1.53M (66%)
Current vs Prior +419.11%
Calls: +101.55%
Puts: +580.76%
Prior 7-Day Total $109.31M
Calls: $65.11M (60%)
Puts: $44.20M (40%)
Prior 7-Day Average $15.62M
Calls: $9.30M (60%)
Puts: $6.31M (40%)
Current vs Prior 7-Day Avg -23.46%
Calls: -83.17%
Puts: +64.50%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/22 12:00pm) 2.91
Prior (09/18) 2.55
Current vs Prior +14.01%
Prior 7-Day Average 2.08
Current vs Prior 7-Day Avg +40.08%
Sentiment BEARISH

Open Interest

Detail
Current (09/22 12:00pm) 1,133,748
Calls: 411,559 (36%)
Puts: 722,189 (64%)
Prior (09/18) 2,999,290
Calls: 950,191 (32%)
Puts: 2,049,099 (68%)
Current vs Prior -62.20%
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 -58.23%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/22) | Next (09/23)Expiry (09/23) | Next (09/25)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 1.10% | 1.44%1.44% | 1.88%1.88% | 2.68%3.87% | 6.50%
Prior 1.20% | 1.38%0.86% | 1.38%1.88% | 2.59%0.86% | 3.77%
Current vs Prior -8.60% | +4.71%+67.97% | +36.52%+0.12% | +3.47%+350.76% | +72.20%
Prior 7-Day Avg 1.28% | 1.58%1.08% | 1.55%1.50% | 2.44%1.05% | 4.58%
Current vs 7-Day Avg -14.75% | -8.62%+33.65% | +21.68%+25.55% | +9.79%+267.62% | +41.93%
Prior 7-Day Eod 1.20% | 1.38%0.95% | 1.25%1.74% | 2.67%0.95% | 3.77%
Current vs 7-Day Eod -8.60% | +4.71%+52.14% | +50.18%+8.38% | +0.69%+308.26% | +72.20%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 27.86% | 20.23%
Calls: 13.79% | 17.95%
Puts: 41.94% | 22.50%
Prior 43.89% | 52.89%
Calls: 37.78% | 28.85%
Puts: 50.00% | 76.92%
Current vs Prior -36.52% | -61.75%
Prior 7-Day Avg 59.29% | 44.26%
Calls: 58.51% | 49.22%
Puts: 60.07% | 39.30%
Current vs 7-Day Avg -53.01% | -54.30%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 87% of dollar volume in puts ($10.39M) vs calls ($1.57M). Massive premium surge with dollar volume up 419% vs prior. Unusually high activity with volume up 142% vs prior - elevated interest. Extreme bearish P/C ratio of 2.91 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
12:00BEARISHBEARISHBEARISH
11:00BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH

📈 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 121 of results (avg 6.9%, best 1.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.00Oct 1610.7511.00$10.882.3%51.001
$44.00Sep 2210.5510.80$10.682.3%511.001
$45.00Sep 229.559.80$9.682.6%591.00--
$48.00Oct 166.807.00$6.902.9%--0.95251
$46.00Sep 228.508.80$8.653.5%711.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 2210.1510.35$10.252.0%480.99--
$63.00Sep 228.208.40$8.302.4%170.99--
$64.00Sep 229.159.40$9.282.7%80.99--
$65.00Oct 1610.1010.40$10.252.9%--0.9918
$64.50Sep 229.659.95$9.803.1%450.99--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 97 found (avg $0.48, cheapest $0.29)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.50Sep 220.270.31$0.2913.8%9430.844
$55.00Sep 230.120.14$0.1315.4%2.3K0.336
$55.50Sep 250.100.11$0.119.1%1.4K0.20238
$55.00Sep 240.190.22$0.2114.3%500.361
$54.50Sep 230.350.42$0.3917.9%150.66--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$54.50Sep 240.210.25$0.2317.4%1170.40117
$54.50Sep 250.250.29$0.2714.8%1.3K0.401.7K
$55.00Sep 240.430.52$0.4818.8%5630.6483
$54.50Sep 280.320.37$0.3514.3%1100.421
$55.00Sep 250.470.55$0.5115.7%8400.615.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 158 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.00Sep 2210.5510.80$10.682.3%511.001
$45.00Sep 229.559.80$9.682.6%591.00--
$46.00Sep 228.508.80$8.653.5%711.001
$47.00Sep 227.508.60$8.0513.7%281.001
$48.00Sep 226.557.60$7.0714.9%241.0024
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Oct 1610.1010.40$10.252.9%--0.9918
$64.50Sep 229.659.95$9.803.1%450.99--
$65.00Sep 2210.1510.35$10.252.0%480.99--
$63.00Sep 228.208.40$8.302.4%170.99--
$63.50Sep 228.658.95$8.803.4%100.99--

Most actively traded options today. High liquidity = easy entry/exit. 314 active (total vol 158.4K, top 24.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Sep 220.020.03$0.0333.3%7.3K0.17240
$55.50Oct 160.610.64$0.634.8%2.9K0.38--
$56.00Oct 160.430.45$0.444.5%2.4K0.3021.2K
$55.00Oct 160.840.88$0.864.7%2.4K0.4731.7K
$55.00Sep 230.120.14$0.1315.4%2.3K0.336
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.50Sep 220.680.87$0.7824.4%24.4K0.97288
$56.00Sep 231.221.38$1.3012.3%20.2K0.95715
$56.00Sep 301.301.49$1.4013.6%15.0K0.8415.5K
$55.00Sep 300.570.66$0.6214.5%11.5K0.5818.2K
$53.50Oct 160.420.45$0.446.8%7.7K0.29550

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 49.0%, max 65.3%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.50Sep 22Oct 3024.8%15.0%65.3%966129
$55.00Sep 22Oct 3023.8%17.9%32.7%7.5K254
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.50Sep 22Oct 3024.8%15.0%65.3%7943.0K
$55.00Sep 22Oct 3023.8%17.9%32.7%1.2K1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 96 found (best R:R 0.67, avg 2.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$46.00$47.00Sep 22$0.60$0.40$0.60100%0.67$46.60
$54.00$54.50Sep 29$0.33$0.17$0.3372%0.52$54.33
$54.50$55.00Oct 1$0.25$0.25$0.2556%1.00$54.75
$56.00$56.50Oct 23$0.14$0.36$0.1432%2.57$56.14
$54.50$55.00Sep 22$0.26$0.24$0.2684%0.92$54.76
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$54.50$54.00Oct 30$0.17$0.33$0.1746%1.94$54.33
$54.50$54.00Oct 9$0.16$0.34$0.1645%2.12$54.34
$54.00$53.00Oct 6$0.18$0.82$0.1833%4.56$53.82
$55.00$54.00Sep 30$0.37$0.63$0.3758%1.70$54.63
$54.00$53.50Oct 16$0.13$0.37$0.1336%2.85$53.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 52 found (best R:R 0.21, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$55.00$58.00Oct 6$0.53$0.53$2.4755%0.21$55.53
$55.00$56.00Sep 30$0.28$0.28$0.7258%0.39$55.28
$56.00$59.00Oct 5$0.16$0.16$2.8479%0.06$56.16
$55.00$55.50Oct 9$0.24$0.24$0.2655%0.92$55.24
$55.00$56.00Oct 1$0.30$0.30$0.7057%0.43$55.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$53.00$51.50Oct 5$0.11$0.11$1.3983%0.08$52.89
$54.00$53.00Sep 30$0.15$0.15$0.8571%0.18$53.85
$54.00$53.00Sep 28$0.13$0.13$0.8772%0.15$53.87
$54.50$54.00Sep 25$0.13$0.13$0.3760%0.35$54.37
$54.50$54.00Oct 16$0.19$0.19$0.3155%0.61$54.31

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. 123 found (cheapest 0.60% of stock, avg 3.85%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$54.50Sep 22$0.29$0.04$0.33$54.17$54.830.60%
$55.00Sep 22$0.03$0.31$0.34$54.66$55.340.62%
$55.00Sep 23$0.13$0.40$0.53$54.47$55.530.97%
$54.50Sep 23$0.39$0.15$0.54$53.96$55.040.99%
$55.00Sep 24$0.21$0.48$0.69$54.31$55.691.26%
$54.50Sep 24$0.47$0.23$0.70$53.80$55.201.28%
$54.00Sep 22$0.72$0.01$0.73$53.27$54.731.33%
$55.00Sep 25$0.26$0.51$0.77$54.23$55.771.41%
$55.50Sep 22$0.01$0.78$0.79$54.71$56.291.44%
$54.50Sep 25$0.52$0.27$0.79$53.71$55.291.44%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 217 found (cheapest 0.07% of stock, avg 1.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$55.00$54.00Sep 22$0.03$0.01$0.04$53.96$55.04
$57.00$52.00Sep 30$0.03$0.04$0.07$51.93$57.07
$56.00$52.50Sep 25$0.04$0.03$0.07$52.43$56.07
$55.00$54.50Sep 22$0.03$0.04$0.07$54.43$55.07
$56.50$52.50Sep 28$0.03$0.05$0.08$52.42$56.58
$55.50$53.50Sep 23$0.04$0.04$0.08$53.42$55.58
$56.00$53.00Sep 25$0.04$0.05$0.09$52.91$56.09
$55.50$54.00Sep 23$0.04$0.06$0.10$53.90$55.60
$56.00$53.50Sep 24$0.03$0.07$0.10$53.40$56.10
$56.00$52.50Sep 28$0.06$0.05$0.11$52.39$56.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 1.00, avg credit $0.26)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
53/5456/56Oct 16$0.25$0.2541%1.00$53.25$56.25
53/5456/56Oct 30$0.29$0.2132%1.38$53.21$56.29
53/5456/57Oct 30$0.26$0.2439%1.08$53.24$56.76
52/5356/56Oct 30$0.26$0.2438%1.08$52.74$56.26
52/5356/57Oct 30$0.23$0.2744%0.85$52.77$56.73
53/5457/58Oct 30$0.23$0.2744%0.85$53.27$57.23
52/5357/58Oct 30$0.20$0.3050%0.67$52.80$57.20
54/5456/56Oct 9$0.24$0.2639%0.92$53.76$56.24
53/5456/57Oct 23$0.22$0.2843%0.79$53.28$56.72
53/5456/56Oct 23$0.25$0.2537%1.00$53.25$56.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 1.94, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$54.00$54.50$55.00Sep 22$0.17$0.3383%1.94
$54.50$55.00$55.50Sep 22$0.24$0.2681%1.08
$54.00$54.50$55.00Sep 29$0.05$0.4531%9.00
$55.00$56.00$57.00Sep 30$0.20$0.8037%4.00
$54.50$55.00$55.50Sep 23$0.17$0.3354%1.94
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$55.00$56.00$57.00Sep 30$0.13$0.8737%6.69
$54.50$55.00$55.50Sep 22$0.20$0.3074%1.50
$53.00$54.00$55.00Sep 30$0.22$0.7846%3.55
$54.00$54.50$55.00Sep 22$0.24$0.2678%1.08
$52.00$53.00$54.00Sep 30$0.09$0.9123%10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 144 found (best net $-0.31, 122 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$47.00$50.001:2Sep 23-$1.16$1.84
$52.00$54.001:2Oct 30-$0.19$1.81
$44.00$48.001:2Oct 16-$2.92$1.08
$52.50$53.501:2Sep 22-$0.28$0.72
$53.50$55.001:2Oct 23-$0.01$1.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$65.00$60.001:2Oct 16-$0.31$4.69
$63.00$59.001:2Sep 25-$0.30$3.70
$60.50$57.501:2Sep 22-$0.18$2.82
$58.00$56.501:2Sep 28-$0.34$1.16
$57.00$56.001:2Sep 23-$0.32$0.68

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 1.95%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$55.00Oct 30$1.070.470.4%1.95%2.37%15714
$55.50Oct 30$0.850.411.3%1.55%2.88%21--
$56.00Oct 30$0.640.342.2%1.17%3.41%21238
$55.00Oct 23$0.930.470.4%1.70%2.12%15
$55.50Oct 23$0.700.391.3%1.28%2.61%31100
$56.50Oct 30$0.480.283.2%0.88%4.04%2180
$55.00Oct 16$0.840.470.4%1.53%1.95%2.4K31.7K
$56.00Oct 23$0.510.322.2%0.93%3.18%1155
$55.50Oct 16$0.610.381.3%1.11%2.45%2.9K--
$57.00Oct 30$0.360.234.1%0.66%4.73%83301

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 40,658
Total Puts 118,377
Put/Call Ratio 2.91
Net Difference -77,719

Prior's Put/Call Breakdown

Total Calls 18,498
Total Puts 47,238
Put/Call Ratio 2.55
Net Difference -28,740

Prior 7-Day Put/Call Summary

Total Calls 367,445
Total Puts 1,011,457
Average Put/Call Ratio 2.08
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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