Tour v452
XLI
State Street IndstrlSelSectSPDRETF
$182.48 -0.39%
7/28 15:07

Option Volume

Detail
Current (07/28 3:05pm) 4,172
Calls: 2,107 (51%)
Puts: 2,065 (49%)
Prior (07/27) 11,961
Calls: 1,526 (13%)
Puts: 10,435 (87%)
Current vs Prior -65.12%
Calls: +38.07% (Calls)
Puts: -80.21% (Puts)
Prior 7-Day Total 152,747
Calls: 29,574 (19%)
Puts: 123,173 (81%)
Prior 7-Day Average 21,821
Calls: 4,224 (19%)
Puts: 17,596 (81%)
Current vs Prior 7-Day Avg -80.88%
Calls: -50.13%
Puts: -88.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28 3:05pm) $1.19M
Calls: $1.07M (90%)
Puts: $117.9K (10%)
Prior (07/27) $4.62M
Calls: $754.0K (16%)
Puts: $3.87M (84%)
Current vs Prior -74.32%
Calls: +41.70%
Puts: -96.95%
Prior 7-Day Total $30.12M
Calls: $14.24M (47%)
Puts: $15.88M (53%)
Prior 7-Day Average $4.30M
Calls: $2.03M (47%)
Puts: $2.27M (53%)
Current vs Prior 7-Day Avg -72.43%
Calls: -47.48%
Puts: -94.80%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28 3:05pm) 0.98
Prior (07/27) 6.84
Current vs Prior -85.67%
Prior 7-Day Average 1.65
Current vs Prior 7-Day Avg -40.73%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/28 3:05pm) 480,754
Calls: 108,282 (23%)
Puts: 372,472 (77%)
Prior (07/27) 472,348
Calls: 107,892 (23%)
Puts: 364,456 (77%)
Current vs Prior +1.78%
Prior 7-Day Total 3,096,425
Calls: 697,815 (23%)
Puts: 2,398,610 (77%)
Prior 7-Day Average 442,346
Calls: 99,687 (23%)
Puts: 342,658 (77%)
Current vs Prior 7-Day Avg +8.68%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.87% | 3.02%4.65% | 7.14%
Prior 2.73% | 3.61%4.63% | 6.48%
Current vs Prior -31.26% | -16.15%+0.33% | +10.25%
Prior 7-Day Avg 2.01% | 3.03%4.04% | 6.71%
Current vs 7-Day Avg -6.59% | -0.21%+14.96% | +6.42%
Prior 7-Day Eod 2.73% | 3.61%5.01% | 7.25%
Current vs 7-Day Eod -31.26% | -16.15%-7.26% | -1.50%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 12.68% | 10.05%
Calls: 15.22% | 14.29%
Puts: 10.13% | 5.81%
Prior 226.74% | 162.83%
Calls: 228.70% | 154.69%
Puts: 224.77% | 170.98%
Current vs Prior -94.41% | -93.83%
Prior 7-Day Avg 63.86% | 37.68%
Calls: 68.69% | 35.24%
Puts: 59.02% | 40.11%
Current vs 7-Day Avg -80.14% | -73.32%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($1.07M) vs puts ($117.9K). Light premium activity with dollar volume down 74% vs prior. Below-average activity with volume down 65% vs prior. P/C ratio dropping 86% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
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 41 of results (avg 7.6%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 3122.0022.90$22.454.0%--1.0010
$165.00Aug 2117.7518.65$18.204.9%10.925
$170.00Jul 3112.0512.70$12.385.3%--1.0010
$170.00Aug 712.3513.05$12.705.5%--0.9410
$170.00Aug 2113.1513.95$13.555.9%20.87330
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$186.00Aug 74.504.75$4.635.4%--0.7112
$182.50Aug 72.502.65$2.585.8%--0.5014
$184.00Jul 312.332.50$2.427.0%--0.6534
$184.00Aug 73.203.45$3.337.5%--0.5974
$195.00Jul 3112.1513.10$12.637.5%30.994

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.75, cheapest $0.54)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$179.00Jul 310.510.58$0.5413.0%70.225.1K
$180.00Jul 310.670.81$0.7418.9%3440.281.7K
$171.00Aug 210.871.05$0.9618.8%20.1593

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 75 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Jul 3131.2033.20$32.206.2%--1.0030
$157.00Jul 3124.3526.20$25.287.3%291.0021
$157.50Jul 3123.8525.70$24.787.5%291.0021
$160.00Jul 3122.0022.90$22.454.0%--1.0010
$170.00Jul 3112.0512.70$12.385.3%--1.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Jul 3112.1513.10$12.637.5%30.994
$190.00Jul 317.408.15$7.789.6%--0.9510
$189.00Jul 316.407.20$6.8011.8%--0.9410
$187.50Jul 315.005.75$5.3813.9%50.895
$187.00Jul 314.505.30$4.9016.3%--0.8820

Most actively traded options today. High liquidity = easy entry/exit. 141 active (total vol 3.3K, top 344)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$199.00Aug 210.210.31$0.2638.5%3070.0652
$182.00Aug 72.733.15$2.9414.3%2500.537
$188.00Aug 70.600.82$0.7131.0%620.20--
$182.00Aug 214.204.70$4.4511.2%440.52181
$180.00Aug 73.904.40$4.1512.0%430.6550
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 310.670.81$0.7418.9%3440.281.7K
$175.00Jul 310.090.25$0.1794.1%2330.073.0K
$181.00Jul 310.961.09$1.0212.7%1870.3624
$170.00Aug 210.760.96$0.8623.3%1350.14915
$173.00Jul 310.010.11$0.06166.7%1290.03173

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 62 strikes (avg 36.4%, max 145.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$170.00Jul 31Aug 2837.6%24.8%51.7%--20
$193.00Jul 31Aug 2132.4%21.6%50.5%8164
$196.00Jul 31Aug 2131.2%21.6%44.3%--129
$205.00Aug 7Aug 2134.0%23.8%42.6%--183
$192.00Jul 31Aug 2130.4%21.8%39.2%20148
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 31Aug 2193.9%38.2%145.5%--166
$155.00Jul 31Aug 2179.9%34.1%134.7%--127
$166.00Jul 31Aug 2851.6%27.3%88.9%7033
$165.00Jul 31Sep 449.3%26.9%83.3%6826
$167.00Jul 31Aug 2149.3%27.3%81.0%1298

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 121 found (best R:R 82.33, avg 4.36)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$202.50Aug 7$0.33$12.17$0.3336.88$190.33
$200.00$205.00Aug 21$0.16$4.84$0.1630.25$200.16
$195.00$196.00Aug 21$0.10$0.90$0.109.00$195.10
$193.00$194.00Aug 21$0.11$0.89$0.118.09$193.11
$186.00$187.00Jul 31$0.13$0.87$0.136.69$186.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$165.00$155.00Aug 14$0.12$9.88$0.1282.33$164.88
$167.50$165.00Aug 14$0.11$2.39$0.1121.73$167.39
$170.00$167.50Aug 14$0.15$2.35$0.1515.67$169.85
$169.00$166.00Aug 28$0.19$2.81$0.1914.79$168.81
$169.00$168.00Aug 21$0.10$0.90$0.109.00$168.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 158 found (best R:R 40.67, avg 2.04)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$170.00$175.00Jul 31$4.88$4.88$0.1240.67$174.88
$157.50$160.00Jul 31$2.33$2.33$0.1713.71$159.83
$165.00$170.00Aug 21$4.65$4.65$0.3513.29$169.65
$170.00$172.50Aug 7$2.32$2.32$0.1812.89$172.32
$175.00$177.00Jul 31$1.85$1.85$0.1512.33$176.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$195.00$190.00Jul 31$4.85$4.85$0.1532.33$190.15
$188.00$186.00Aug 7$1.72$1.72$0.286.14$186.28
$187.00$184.00Jul 31$2.48$2.48$0.524.77$184.52
$190.00$189.00Aug 21$0.80$0.80$0.204.00$189.20
$192.50$185.00Aug 14$5.85$5.85$1.653.55$186.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 64 found (avg debit $0.69, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$171.00Aug 21Aug 28$0.3024.9%24.4%
$170.00Jul 31Aug 7$0.3237.6%27.8%
$190.00Jul 31Aug 7$0.3326.2%21.5%
$196.00Jul 31Aug 21$0.4531.2%21.6%
$189.00Jul 31Aug 7$0.4724.3%21.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$160.00Jul 31Aug 7$0.0753.9%38.0%
$166.00Jul 31Aug 7$0.0751.6%31.9%
$155.00Jul 31Aug 14$0.0979.9%39.1%
$170.00Jul 31Aug 7$0.1837.6%27.8%
$171.00Jul 31Aug 7$0.2138.8%27.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 67 found (cheapest 1.71% of stock, avg 5.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$183.00Jul 31$1.32$1.80$3.12$179.88$186.121.71%
$182.50Jul 31$1.59$1.58$3.17$179.33$185.671.74%
$182.00Jul 31$1.84$1.35$3.19$178.81$185.191.75%
$184.00Jul 31$0.91$2.42$3.33$180.67$187.331.82%
$181.00Jul 31$2.48$1.02$3.50$177.50$184.501.92%
$180.00Jul 31$3.22$0.74$3.96$176.04$183.962.17%
$179.00Jul 31$3.93$0.54$4.47$174.53$183.472.45%
$187.00Jul 31$0.24$4.90$5.14$181.86$192.142.82%
$178.00Jul 31$4.78$0.39$5.17$172.83$183.172.83%
$183.00Aug 7$2.37$2.79$5.16$177.84$188.162.83%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.42% of stock, avg 2.56%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$186.00$178.00Jul 31$0.37$0.39$0.76$177.24$186.76
$186.00$179.00Jul 31$0.37$0.54$0.91$178.09$186.91
$185.00$178.00Jul 31$0.57$0.39$0.96$177.04$185.96
$185.00$179.00Jul 31$0.57$0.54$1.11$177.89$186.11
$186.00$180.00Jul 31$0.37$0.74$1.11$178.89$187.11
$184.00$178.00Jul 31$0.91$0.39$1.30$176.70$185.30
$185.00$180.00Jul 31$0.57$0.74$1.31$178.69$186.31
$186.00$181.00Jul 31$0.37$1.02$1.39$179.61$187.39
$184.00$179.00Jul 31$0.91$0.54$1.45$177.55$185.45
$185.00$181.00Jul 31$0.57$1.02$1.59$179.41$186.59

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 172 found (best R:R 9.00, avg credit $1.04)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
180/181183/184Aug 14$0.90$0.109.00$180.10$183.90
168/169173/174Aug 21$0.90$0.109.00$168.10$173.90
172/173176/177Aug 21$0.90$0.109.00$172.10$176.90
178/179180/181Jul 31$0.89$0.118.09$178.11$180.89
173/174178/179Aug 7$0.89$0.118.09$173.11$178.89
171/172176/177Aug 21$0.89$0.118.09$171.11$176.89
173/174176/177Aug 21$0.88$0.127.33$173.12$176.88
177/178183/184Aug 28$0.88$0.127.33$177.12$183.88
176/177179/180Aug 7$0.87$0.136.69$176.13$179.87
165/168170/178Aug 14$6.96$1.046.69$160.54$176.96

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$175.00$176.00$177.00Aug 21$0.05$0.9519.00
$185.00$186.00$187.00Aug 7$0.06$0.9415.67
$188.00$189.00$190.00Aug 14$0.06$0.9415.67
$183.00$184.00$185.00Jul 31$0.07$0.9313.29
$185.00$186.00$187.00Jul 31$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$175.00$176.00$177.00Aug 7$0.05$0.9519.00
$169.00$170.00$171.00Aug 21$0.05$0.9519.00
$183.00$184.00$185.00Aug 21$0.05$0.9519.00
$179.00$180.00$181.00Aug 7$0.06$0.9415.67
$169.00$170.00$171.00Jul 31$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 105 found (best net $--, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Jul 31-$2.31$7.69
$185.00$190.001:2Sep 4-$0.40$4.60
$202.50$205.001:2Aug 7-$0.08$2.42
$170.00$175.001:2Jul 31-$2.62$2.38
$184.00$187.001:2Aug 28-$1.63$1.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$150.001:2Aug 7$0.00$10.00
$165.00$155.001:2Aug 14-$0.03$9.97
$166.00$160.001:2Aug 7-$0.02$5.98
$171.00$165.001:2Sep 4-$0.33$5.67
$155.00$150.001:2Jul 31-$0.06$4.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 2.44%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$182.50Aug 28$4.450.500.0%2.44%2.45%12--
$183.00Aug 28$4.200.490.3%2.30%2.59%21
$182.50Aug 21$3.950.500.0%2.16%2.18%220
$185.00Sep 4$3.850.431.4%2.11%3.49%203
$183.00Aug 21$3.650.480.3%2.00%2.29%1599
$184.00Aug 28$3.650.450.8%2.00%2.83%29
$182.50Aug 14$3.200.500.0%1.75%1.76%226
$184.00Aug 21$3.200.440.8%1.75%2.59%3635
$183.00Aug 14$2.990.480.3%1.64%1.92%--57
$185.00Aug 21$2.770.411.4%1.52%2.90%19889

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 2,107
Total Puts 2,065
Put/Call Ratio 0.98
Net Difference 42

Prior's Put/Call Breakdown

Total Calls 1,526
Total Puts 10,435
Put/Call Ratio 6.84
Net Difference -8,909

Prior 7-Day Put/Call Summary

Total Calls 29,574
Total Puts 123,173
Average Put/Call Ratio 1.65
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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