Tour v477
XLI
State Street IndstrlSelSectSPDRETF
$179.84 +0.81%
$178.72 (-0.62%)🌙
as of 07/31 06:07 PM
7/31 18:08

Option Volume

Detail
Current (07/31) 8,052
Calls: 3,272 (41%)
Puts: 4,780 (59%)
Prior (07/30) 17,314
Calls: 4,052 (23%)
Puts: 13,262 (77%)
Current vs Prior -53.49%
Calls: -19.25% (Calls)
Puts: -63.96% (Puts)
Prior 7-Day Total 91,034
Calls: 24,168 (27%)
Puts: 66,866 (73%)
Prior 7-Day Average 13,004
Calls: 3,452 (27%)
Puts: 9,552 (73%)
Current vs Prior 7-Day Avg -38.08%
Calls: -5.23%
Puts: -49.96%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $2.32M
Calls: $1.30M (56%)
Puts: $1.02M (44%)
Prior (07/30) $5.63M
Calls: $2.10M (37%)
Puts: $3.53M (63%)
Current vs Prior -58.75%
Calls: -38.21%
Puts: -70.99%
Prior 7-Day Total $29.28M
Calls: $11.91M (41%)
Puts: $17.38M (59%)
Prior 7-Day Average $4.18M
Calls: $1.70M (41%)
Puts: $2.48M (59%)
Current vs Prior 7-Day Avg -44.53%
Calls: -23.70%
Puts: -58.79%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 1.46
Prior (07/30) 3.27
Current vs Prior -55.37%
Prior 7-Day Average 2.53
Current vs Prior 7-Day Avg -42.34%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 495,375
Calls: 115,111 (23%)
Puts: 380,264 (77%)
Prior (07/30) 196,427
Calls: 46,974 (24%)
Puts: 149,453 (76%)
Current vs Prior +152.19%
Prior 7-Day Total 1,943,109
Calls: 442,252 (23%)
Puts: 1,500,857 (77%)
Prior 7-Day Average 277,587
Calls: 63,178 (23%)
Puts: 214,408 (77%)
Current vs Prior 7-Day Avg +78.46%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 2.67% | 2.85%4.93% | 6.02%
Prior 2.69% | 2.76%4.24% | 6.52%
Current vs Prior +6.01% | +22.94%+16.25% | -7.63%
Prior 7-Day Avg 2.74% | 3.42%4.92% | 7.02%
Current vs 7-Day Avg +4.21% | -0.55%+0.03% | -14.22%
Prior 7-Day Eod 2.69% | 2.76%4.24% | 6.52%
Current vs 7-Day Eod +6.01% | +22.94%+16.25% | -7.63%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 48.55% | 14.09%
Calls: 40.43% | 11.94%
Puts: 56.67% | 16.24%
Prior 28.09% | 18.95%
Calls: 26.76% | 14.38%
Puts: 29.41% | 23.51%
Current vs Prior +72.84% | -25.65%
Prior 7-Day Avg 51.67% | 37.01%
Calls: 52.25% | 34.84%
Puts: 51.08% | 39.18%
Current vs 7-Day Avg -6.03% | -61.93%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 59% vs prior. Below-average activity with volume down 53% vs prior. Bearish P/C ratio of 1.46 indicates protective positioning. P/C ratio dropping 55% - 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 BEARISH
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

📈 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 -- of results (avg --%, best --%)

No options available for this category

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 77 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Jul 3119.8024.80$22.3022.4%--1.0013
$160.00Jul 3117.5522.45$20.0024.5%--1.0010
$162.00Jul 3115.3520.25$17.8027.5%--1.0010
$168.00Jul 319.4514.35$11.9041.2%10.997
$170.00Jul 317.6012.50$10.0548.8%--0.9910
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$181.00Jul 310.115.05$2.58191.5%791.00232
$182.00Jul 310.004.80$2.40200.0%11.0087
$182.50Jul 310.515.45$2.98165.8%21.007
$195.00Jul 3112.8017.70$15.2532.1%31.003
$182.50Aug 70.765.70$3.23152.9%20.8826

Most actively traded options today. High liquidity = easy entry/exit. 162 active (total vol 5.8K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$194.00Aug 70.004.80$2.40200.0%1560.2533
$193.00Aug 70.004.80$2.40200.0%1300.255
$192.00Aug 70.004.80$2.40200.0%940.261
$182.00Aug 70.002.06$1.03200.0%810.38272
$186.00Jul 310.000.02$0.01200.0%770.01205
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$171.00Aug 210.004.80$2.40200.0%1.1K0.28472
$180.00Jul 310.004.80$2.40200.0%1.0K0.492.0K
$172.00Aug 210.861.31$1.0941.3%8790.221.5K
$175.00Jul 310.004.80$2.40200.0%2340.323.1K
$165.00Aug 210.300.98$0.64106.2%1730.11649

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 63 strikes (avg 1107.9%, max 4981.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$175.00Jul 31Aug 21833.6%16.4%4981.9%1872
$178.00Jul 31Aug 21611.7%16.6%3589.0%5233
$179.00Jul 31Aug 28530.0%20.6%2471.4%33122
$195.00Jul 31Sep 4413.3%17.6%2242.0%4105
$177.00Jul 31Aug 21440.8%18.9%2231.3%2103
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$175.00Jul 31Aug 28833.6%21.9%3708.5%2343.1K
$178.00Jul 31Aug 21611.7%16.6%3589.0%43591
$150.00Jul 31Aug 212383.4%72.7%3176.6%--172
$179.00Jul 31Sep 4530.0%21.3%2389.0%104.0K
$177.00Jul 31Sep 4440.8%18.9%2237.4%3193

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 54 found (best R:R 39.00, avg 5.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$198.00$202.50Aug 7$0.12$4.38$0.1236.50$198.12
$187.00$190.00Sep 11$0.13$2.87$0.1322.08$187.13
$181.00$182.00Aug 14$0.10$0.90$0.109.00$181.10
$182.50$185.00Aug 28$0.29$2.21$0.297.62$182.79
$178.00$179.00Jul 31$0.13$0.87$0.136.69$178.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$176.00$170.00Sep 11$0.15$5.85$0.1539.00$175.85
$177.00$172.00Sep 4$0.18$4.82$0.1826.78$176.82
$165.00$145.00Aug 28$1.28$18.72$1.2814.63$163.72
$174.00$173.00Aug 28$0.10$0.90$0.109.00$173.90
$176.00$175.00Aug 28$0.10$0.90$0.109.00$175.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 78 found (best R:R 53.35, avg 3.17)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$145.00$170.00Aug 21$24.00$24.00$1.0024.00$169.00
$170.00$175.00Jul 31$4.77$4.77$0.2320.74$174.77
$164.00$170.00Aug 14$5.60$5.60$0.4014.00$169.60
$168.00$170.00Jul 31$1.85$1.85$0.1512.33$169.85
$170.00$172.00Aug 7$1.85$1.85$0.1512.33$171.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$195.00$182.50Jul 31$12.27$12.27$0.2353.35$182.73
$187.00$186.00Aug 21$0.87$0.87$0.136.69$186.13
$182.00$181.00Aug 7$0.85$0.85$0.155.67$181.15
$171.00$170.00Aug 21$0.81$0.81$0.194.26$170.19
$188.00$186.00Aug 7$1.60$1.60$0.404.00$186.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 59 found (avg debit $1.48, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$170.00Jul 31Aug 7$0.15310.8%67.2%
$190.00Jul 31Aug 7$0.23272.1%25.8%
$195.00Jul 31Aug 7$0.25413.3%36.2%
$179.00Jul 31Aug 7$0.33530.0%32.0%
$175.00Jul 31Aug 7$0.37833.6%22.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$174.00Jul 31Aug 7$0.20180.1%20.4%
$181.00Jul 31Aug 7$0.2043.1%27.7%
$182.50Jul 31Aug 7$0.2590.9%12.8%
$172.50Jul 31Aug 7$0.31239.9%26.7%
$177.50Jul 31Aug 7$0.44143.1%16.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 73 found (cheapest 1.34% of stock, avg 5.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$182.00Jul 31$0.01$2.40$2.41$179.59$184.411.34%
$181.00Jul 31$0.01$2.58$2.59$178.41$183.591.44%
$182.50Jul 31$0.01$2.98$2.99$179.51$185.491.66%
$182.50Aug 7$0.58$3.23$3.81$178.69$186.312.12%
$177.00Jul 31$2.78$1.17$3.95$173.05$180.952.20%
$176.00Jul 31$3.88$0.14$4.02$171.98$180.022.24%
$182.00Aug 7$1.03$3.63$4.66$177.34$186.662.59%
$179.00Jul 31$2.40$2.40$4.80$174.20$183.802.67%
$180.00Jul 31$2.40$2.40$4.80$175.20$184.802.67%
$177.50Aug 7$4.30$0.53$4.83$172.67$182.332.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 131 found (cheapest 1.91% of stock, avg 2.90%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$182.00$180.00Aug 7$1.03$2.40$3.43$176.57$185.43
$182.00$179.00Aug 7$1.03$2.40$3.43$175.57$185.43
$182.00$178.00Aug 7$1.03$2.40$3.43$174.57$185.43
$182.00$173.00Aug 7$1.03$2.40$3.43$169.57$185.43
$182.00$172.00Aug 7$1.03$2.40$3.43$168.57$185.43
$188.00$170.00Sep 4$1.88$2.40$4.28$165.72$192.28
$188.00$172.00Sep 4$1.88$2.48$4.36$167.64$192.36
$188.00$171.00Sep 4$1.88$2.48$4.36$166.64$192.36
$188.00$177.00Sep 4$1.88$2.66$4.54$172.46$192.54
$182.50$176.00Aug 14$2.40$2.33$4.73$171.27$187.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 79 found (best R:R 12.33, avg credit $1.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
168/169171/179Aug 28$7.40$0.6012.33$161.60$178.40
155/157175/176Jul 31$1.84$0.1611.50$155.16$176.84
161/163174/175Aug 21$1.72$0.286.14$161.28$175.72
172/173175/176Aug 21$0.86$0.146.14$172.14$175.86
177/179191/195Sep 4$3.41$0.595.78$175.59$194.41
165/166171/179Aug 28$6.67$1.335.02$159.33$177.67
174/175178/178Aug 7$0.82$0.184.56$174.18$178.32
161/163177/178Aug 21$1.64$0.364.56$161.36$178.64
150/155170/172Aug 7$4.09$0.914.49$150.91$174.09
172/173178/179Aug 21$0.81$0.194.26$172.19$178.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 11.50, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$177.00$178.00$179.00Jul 31$0.12$0.887.33
$178.00$179.00$180.00Jul 31$0.13$0.876.69
$187.00$188.00$189.00Aug 7$0.13$0.876.69
$191.00$192.00$193.00Aug 21$0.13$0.876.69
$180.00$181.00$182.00Aug 14$0.15$0.855.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$170.00$171.00$172.00Aug 7$0.08$0.9211.50
$169.00$170.00$171.00Sep 4$0.08$0.9211.50
$174.00$175.00$176.00Aug 7$0.13$0.876.69
$179.00$180.00$181.00Jul 31$0.18$0.824.56
$174.00$175.00$176.00Aug 28$0.20$0.804.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 58 found (best net $-1.20, 46 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$177.501:2Sep 4-$1.20$6.30
$189.00$195.001:2Aug 28-$0.39$5.61
$170.00$175.001:2Jul 31-$0.51$4.49
$198.00$202.501:2Aug 7-$0.04$4.46
$202.50$205.001:2Aug 7-$0.04$2.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$163.00$155.001:2Aug 7-$2.40$5.60
$176.00$170.001:2Sep 11-$2.25$3.75
$177.00$172.001:2Sep 4-$2.30$2.70
$160.00$155.001:2Aug 14-$2.32$2.68
$150.00$145.001:2Aug 21-$2.40$2.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 1.06%, avg 0.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$181.00Aug 28$1.900.470.7%1.06%1.70%168
$180.00Aug 21$1.600.450.1%0.89%0.98%49131
$180.00Aug 28$1.560.490.1%0.87%0.96%3843
$180.00Aug 7$1.100.550.1%0.61%0.70%3892
$182.50Aug 28$1.030.401.5%0.57%2.05%--10
$188.00Aug 28$0.970.314.5%0.54%5.08%520
$181.00Aug 21$0.900.420.7%0.50%1.15%4277
$180.00Aug 14$0.700.500.1%0.39%0.48%316
$185.00Aug 14$0.700.352.9%0.39%3.26%122
$185.00Aug 28$0.450.342.9%0.25%3.12%--27

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 3,272
Total Puts 4,780
Put/Call Ratio 1.46
Net Difference -1,508

Prior's Put/Call Breakdown

Total Calls 4,052
Total Puts 13,262
Put/Call Ratio 3.27
Net Difference -9,210

Prior 7-Day Put/Call Summary

Total Calls 24,168
Total Puts 66,866
Average Put/Call Ratio 2.53
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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