Tour v477
XLI
State Street IndstrlSelSectSPDRETF
$180.05 +0.93%
7/31 15:07

Option Volume

Detail
Current (07/31 3:05pm) 5,998
Calls: 1,531 (26%)
Puts: 4,467 (74%)
Prior (07/29) 34,471
Calls: 5,965 (17%)
Puts: 28,506 (83%)
Current vs Prior -82.60%
Calls: -74.33% (Calls)
Puts: -84.33% (Puts)
Prior 7-Day Total 49,958
Calls: 21,549 (43%)
Puts: 28,409 (57%)
Prior 7-Day Average 7,136
Calls: 3,078 (43%)
Puts: 4,058 (57%)
Current vs Prior 7-Day Avg -15.96%
Calls: -50.27%
Puts: +10.07%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31 3:05pm) $773.2K
Calls: $403.6K (52%)
Puts: $369.6K (48%)
Prior (07/29) $6.58M
Calls: $2.72M (41%)
Puts: $3.86M (59%)
Current vs Prior -88.25%
Calls: -85.16%
Puts: -90.43%
Prior 7-Day Total $17.21M
Calls: $9.34M (54%)
Puts: $7.86M (46%)
Prior 7-Day Average $2.46M
Calls: $1.33M (54%)
Puts: $1.12M (46%)
Current vs Prior 7-Day Avg -68.55%
Calls: -69.76%
Puts: -67.11%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31 3:05pm) 2.92
Prior (07/29) 4.78
Current vs Prior -38.95%
Prior 7-Day Average 1.56
Current vs Prior 7-Day Avg +86.48%
Sentiment BEARISH

Open Interest

Detail
Current (07/31 3:05pm) 495,375
Calls: 115,111 (23%)
Puts: 380,264 (77%)
Prior (07/29) 483,363
Calls: 109,618 (23%)
Puts: 373,745 (77%)
Current vs Prior +2.49%
Prior 7-Day Total 2,990,933
Calls: 676,484 (23%)
Puts: 2,314,449 (77%)
Prior 7-Day Average 427,276
Calls: 96,640 (23%)
Puts: 330,635 (77%)
Current vs Prior 7-Day Avg +15.94%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.72% | 2.42%4.07% | 6.35%
Prior 1.87% | 3.02%4.65% | 7.14%
Current vs Prior -61.48% | -20.13%-12.39% | -11.10%
Prior 7-Day Avg 2.19% | 3.18%5.01% | 7.18%
Current vs 7-Day Avg -67.09% | -23.95%-18.69% | -11.58%
Prior 7-Day Eod 1.87% | 3.02%4.24% | 6.52%
Current vs 7-Day Eod -61.48% | -20.13%-3.94% | -2.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 48.55% | 14.09%
Calls: 40.43% | 11.94%
Puts: 56.67% | 16.24%
Prior 12.68% | 10.05%
Calls: 15.22% | 14.29%
Puts: 10.13% | 5.81%
Current vs Prior +282.89% | +40.20%
Prior 7-Day Avg 49.47% | 36.14%
Calls: 49.90% | 34.34%
Puts: 49.04% | 37.95%
Current vs 7-Day Avg -1.86% | -61.01%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 88% vs prior. Below-average activity with volume down 83% vs prior. Extreme bearish P/C ratio of 2.92 - heavy put buying. P/C ratio dropping 39% - 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 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 41 of results (avg 7.2%, best 1.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 2135.0035.95$35.482.7%--0.9811
$164.00Aug 1416.2016.95$16.584.5%10.951
$150.00Jul 3128.9030.40$29.655.1%--0.9930
$170.00Aug 710.1510.70$10.435.3%--0.9511
$176.00Aug 145.455.75$5.605.4%--0.72318
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$171.00Aug 210.800.81$0.811.2%1.0K0.16472
$185.00Aug 215.906.30$6.106.6%--0.711.7K
$182.00Aug 143.503.80$3.658.2%--0.6030
$192.00Aug 711.5012.50$12.008.3%60.95--
$173.00Aug 211.071.17$1.128.9%550.211.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.86, cheapest $0.48)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$183.00Aug 70.730.88$0.8118.5%390.2841
$185.00Aug 140.841.00$0.9217.4%--0.2422
$187.50Aug 210.871.00$0.9413.8%10.20204
$182.50Aug 70.881.06$0.9718.6%60.3127
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.00Aug 210.430.52$0.4818.8%150.09225
$171.00Aug 210.800.81$0.811.2%1.0K0.16472
$174.00Aug 140.830.98$0.9116.5%20.2063
$172.00Aug 210.901.01$0.9611.5%8410.181.5K
$177.50Aug 70.891.05$0.9716.5%10.3017

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 74 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Jul 3121.4023.15$22.287.9%--1.0013
$160.00Jul 3118.9020.65$19.778.9%--1.0010
$162.00Jul 3116.9018.40$17.658.5%--1.0010
$168.00Jul 3111.7012.50$12.106.6%10.997
$170.00Jul 319.8010.40$10.105.9%--0.9910
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.00Jul 311.582.36$1.9739.6%11.0087
$195.00Jul 3113.7515.25$14.5010.3%31.003
$192.00Aug 711.5012.50$12.008.3%60.95--
$188.00Aug 77.558.35$7.9510.1%--0.9321
$186.00Aug 75.756.45$6.1011.5%--0.8812

Most actively traded options today. High liquidity = easy entry/exit. 148 active (total vol 5.3K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$194.00Aug 70.010.12$0.07157.1%1560.0333
$193.00Aug 70.010.07$0.04150.0%1300.025
$192.00Aug 70.010.13$0.07171.4%940.031
$182.00Aug 71.031.25$1.1419.3%810.35272
$186.00Jul 310.000.02$0.01200.0%770.01205
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$171.00Aug 210.800.81$0.811.2%1.0K0.16472
$180.00Jul 310.190.36$0.2860.7%1.0K0.482.0K
$172.00Aug 210.901.01$0.9611.5%8410.181.5K
$175.00Jul 310.000.03$0.02150.0%2340.023.1K
$165.00Aug 210.330.42$0.3823.7%1720.07649

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 60 strikes (avg 572.6%, max 1722.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$196.00Jul 31Aug 21292.0%20.3%1334.7%--129
$195.00Jul 31Sep 4275.8%21.3%1193.9%4105
$194.00Jul 31Aug 21261.6%20.3%1190.1%--174
$193.00Jul 31Aug 21245.6%19.9%1132.1%1172
$192.00Jul 31Aug 21229.4%20.5%1019.8%3140
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 31Aug 21687.6%37.7%1722.4%--172
$155.00Jul 31Aug 21577.0%33.4%1626.1%6121
$161.00Jul 31Aug 21378.0%27.3%1282.6%--2.1K
$160.00Jul 31Aug 21395.6%30.0%1220.0%2502
$165.00Jul 31Sep 4301.9%24.3%1143.5%2542

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 108 found (best R:R 50.28, avg 4.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$188.00$189.00Aug 14$0.10$0.90$0.109.00$188.10
$191.00$195.00Sep 4$0.41$3.59$0.418.76$191.41
$191.00$192.00Aug 21$0.11$0.89$0.118.09$191.11
$195.00$196.00Aug 21$0.11$0.89$0.118.09$195.11
$189.00$195.00Aug 28$0.66$5.34$0.668.09$189.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$165.00$145.00Aug 28$0.39$19.61$0.3950.28$164.61
$160.00$155.00Aug 21$0.10$4.90$0.1049.00$159.90
$165.00$160.00Aug 14$0.11$4.89$0.1144.45$164.89
$170.00$167.50Aug 14$0.13$2.37$0.1318.23$169.87
$163.00$161.00Aug 21$0.15$1.85$0.1512.33$162.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 32.33, avg 2.02)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$145.00$170.00Aug 21$24.25$24.25$0.7532.33$169.25
$164.00$170.00Aug 14$5.81$5.81$0.1930.58$169.81
$162.00$168.00Jul 31$5.55$5.55$0.4512.33$167.55
$173.00$175.00Aug 7$1.80$1.80$0.209.00$174.80
$170.00$174.00Aug 14$3.52$3.52$0.487.33$173.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$195.00$182.00Jul 31$12.53$12.53$0.4726.66$182.47
$188.00$186.00Aug 7$1.85$1.85$0.1512.33$186.15
$186.00$184.00Aug 7$1.75$1.75$0.257.00$184.25
$189.00$188.00Aug 21$0.87$0.87$0.136.69$188.13
$183.00$182.50Aug 21$0.39$0.39$0.113.55$182.61

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 61 found (avg debit $0.59, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Jul 31Aug 7$0.06181.4%21.1%
$192.00Jul 31Aug 7$0.06229.4%24.4%
$194.00Jul 31Aug 7$0.06261.6%27.2%
$198.00Aug 7Aug 21$0.0732.6%21.6%
$197.00Aug 7Aug 21$0.0831.1%20.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Aug 7Aug 21$0.0567.7%42.9%
$163.00Jul 31Aug 7$0.08340.8%37.1%
$164.00Jul 31Aug 7$0.09299.1%35.5%
$165.00Jul 31Aug 7$0.09301.9%33.5%
$166.00Jul 31Aug 7$0.10282.6%32.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 0.33% of stock, avg 4.81%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$180.00Jul 31$0.31$0.28$0.59$179.41$180.590.33%
$181.00Jul 31$0.08$0.99$1.07$179.93$182.070.59%
$179.00Jul 31$1.15$0.08$1.23$177.77$180.230.68%
$182.00Jul 31$0.01$1.97$1.98$180.02$183.981.10%
$178.00Jul 31$2.07$0.06$2.13$175.87$180.131.18%
$177.00Jul 31$3.08$0.03$3.11$173.89$180.111.73%
$180.00Aug 7$2.01$1.84$3.85$176.15$183.852.14%
$181.00Aug 7$1.54$2.34$3.88$177.12$184.882.15%
$179.00Aug 7$2.59$1.43$4.02$174.98$183.022.23%
$182.00Aug 7$1.14$2.95$4.09$177.91$186.092.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 133 found (cheapest 0.05% of stock, avg 2.09%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$182.50$177.50Jul 31$0.05$0.04$0.09$177.41$182.59
$182.50$178.00Jul 31$0.05$0.06$0.11$177.89$182.61
$181.00$177.50Jul 31$0.08$0.04$0.12$177.38$181.12
$182.50$179.00Jul 31$0.05$0.08$0.13$178.87$182.63
$181.00$178.00Jul 31$0.08$0.06$0.14$177.86$181.14
$181.00$179.00Jul 31$0.08$0.08$0.16$178.84$181.16
$182.50$180.00Jul 31$0.05$0.28$0.33$179.67$182.83
$181.00$180.00Jul 31$0.08$0.28$0.36$179.64$181.36
$184.00$177.00Aug 7$0.58$0.84$1.42$175.58$185.42
$184.00$177.50Aug 7$0.58$0.97$1.55$175.95$185.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 241 found (best R:R 9.00, avg credit $1.03)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
171/172175/176Aug 21$0.90$0.109.00$171.10$175.90
175/176178/179Aug 7$0.89$0.118.09$175.11$178.89
169/170175/176Aug 21$0.89$0.118.09$169.11$175.89
165/166170/171Aug 28$0.89$0.118.09$165.11$170.89
167/168175/176Aug 21$0.87$0.136.69$167.13$175.87
174/175176/177Aug 21$0.87$0.136.69$174.13$176.87
180/181184/185Aug 14$0.85$0.155.67$180.15$184.85
168/169170/171Aug 28$0.85$0.155.67$168.15$170.85
176/177178/179Aug 7$0.84$0.165.25$176.16$178.84
172/173176/177Aug 21$0.84$0.165.25$172.16$176.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$176.00$178.00$180.00Aug 14$0.08$1.9224.00
$186.00$188.00$190.00Sep 4$0.12$1.8815.67
$180.00$181.00$182.00Aug 7$0.07$0.9313.29
$185.00$186.00$187.00Aug 7$0.07$0.9313.29
$174.00$175.00$176.00Aug 21$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$150.00$155.00$160.00Aug 21$0.06$4.9482.33
$155.00$160.00$165.00Aug 14$0.07$4.9370.43
$165.00$167.50$170.00Aug 14$0.09$2.4126.78
$184.00$186.00$188.00Aug 7$0.10$1.9019.00
$172.00$173.00$174.00Aug 14$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 124 found (best net $-0.71, 112 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$177.501:2Sep 4-$0.71$6.79
$200.00$205.001:2Aug 21-$0.04$4.96
$170.00$175.001:2Jul 31-$0.16$4.84
$198.00$202.501:2Aug 7-$0.06$4.44
$191.00$195.001:2Sep 4-$0.27$3.73
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$150.001:2Aug 7-$0.03$4.97
$155.00$150.001:2Jul 31-$0.04$4.96
$165.00$160.001:2Aug 14-$0.05$4.95
$160.00$155.001:2Aug 21-$0.06$4.94
$160.00$155.001:2Aug 14-$0.08$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 51 found (best yield 2.03%, avg 0.59%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$181.00Aug 28$3.650.480.5%2.03%2.55%168
$181.00Aug 21$3.000.470.5%1.67%2.19%4277
$182.50Aug 28$2.830.421.4%1.57%2.93%--10
$182.00Aug 21$2.540.431.1%1.41%2.49%11198
$182.50Aug 21$2.330.401.4%1.29%2.65%133
$185.00Sep 4$2.290.352.8%1.27%4.02%--24
$181.00Aug 14$2.220.460.5%1.23%1.76%212
$183.00Aug 21$2.110.381.6%1.17%2.81%2135
$186.00Sep 4$1.950.323.3%1.08%4.39%34
$185.00Aug 28$1.840.332.8%1.02%3.77%--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 1,531
Total Puts 4,467
Put/Call Ratio 2.92
Net Difference -2,936

Prior's Put/Call Breakdown

Total Calls 5,965
Total Puts 28,506
Put/Call Ratio 4.78
Net Difference -22,541

Prior 7-Day Put/Call Summary

Total Calls 21,549
Total Puts 28,409
Average Put/Call Ratio 1.56
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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