Tour v528
XLK
State StreetTechSelSectSPDRETF
$194.85 +2.89%
$194.90 (+0.03%)🌙
as of 09/21 06:05 PM
9/21 18:05

Option Volume

Detail
Current (09/21) 68,680
Calls: 20,142 (29%)
Puts: 48,538 (71%)
Prior (09/18) 27,427
Calls: 19,529 (71%)
Puts: 7,898 (29%)
Current vs Prior +150.41%
Calls: +3.14% (Calls)
Puts: +514.56% (Puts)
Prior 7-Day Total 178,565
Calls: 89,632 (50%)
Puts: 88,933 (50%)
Prior 7-Day Average 29,760
Calls: 12,804 (50%)
Puts: 12,704 (50%)
Current vs Prior 7-Day Avg +130.77%
Calls: +57.30%
Puts: +282.05%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/21) $15.73M
Calls: $12.93M (82%)
Puts: $2.80M (18%)
Prior (09/18) $28.93M
Calls: $27.09M (94%)
Puts: $1.85M (6%)
Current vs Prior -45.63%
Calls: -52.25%
Puts: +51.49%
Prior 7-Day Total $190.56M
Calls: $158.97M (83%)
Puts: $31.59M (17%)
Prior 7-Day Average $31.76M
Calls: $22.71M (83%)
Puts: $4.51M (17%)
Current vs Prior 7-Day Avg -50.47%
Calls: -43.05%
Puts: -38.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/21) 2.41
Prior (09/18) 0.40
Current vs Prior +495.86%
Prior 7-Day Average 1.06
Current vs Prior 7-Day Avg +127.92%
Sentiment BEARISH

Open Interest

Detail
Current (09/21) 657,948
Calls: 240,609 (37%)
Puts: 417,339 (63%)
Prior (09/18) 840,214
Calls: 294,433 (35%)
Puts: 545,781 (65%)
Current vs Prior -21.69%
Prior 7-Day Total 4,844,342
Calls: 1,695,562 (35%)
Puts: 3,148,780 (65%)
Prior 7-Day Average 807,390
Calls: 282,593 (35%)
Puts: 524,796 (65%)
Current vs Prior 7-Day Avg -18.51%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 2.17% | 3.40%5.06% | 8.17%
Prior 2.46% | 3.54%1.33% | 4.96%
Current vs Prior -11.86% | -3.85%+280.35% | +64.52%
Prior 7-Day Avg 2.27% | 3.57%2.08% | 5.82%
Current vs 7-Day Avg -4.38% | -4.61%+142.89% | +40.23%
Prior 7-Day Eod 2.46% | 3.54%1.33% | 4.96%
Current vs 7-Day Eod -11.86% | -3.85%+280.35% | +64.52%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 17.80% | 18.15%
Calls: 17.17% | 12.23%
Puts: 18.42% | 24.07%
Prior 154.31% | 122.18%
Calls: 195.19% | 150.00%
Puts: 113.43% | 94.36%
Current vs Prior -88.46% | -85.14%
Prior 7-Day Avg 86.79% | 62.36%
Calls: 93.36% | 66.27%
Puts: 80.21% | 58.46%
Current vs 7-Day Avg -79.49% | -70.90%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($12.93M) vs puts ($2.80M). Unusually high activity with volume up 150% vs prior - elevated interest. Volume explosion - 131% above 7-day average (68,680 vs avg 29,760). Extreme bearish P/C ratio of 2.41 - heavy put buying.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
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 43 of results (avg 7.5%, best 4.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1634.5536.00$35.284.1%41.0030
$175.00Sep 2519.5020.35$19.934.3%--1.0075
$186.00Oct 1610.8011.35$11.085.0%80.77563
$164.00Sep 2530.2531.85$31.055.2%151.00--
$185.00Oct 1611.6012.25$11.935.4%140.793.9K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Oct 1610.6011.20$10.905.5%30.803
$210.00Oct 1615.0015.95$15.486.1%--0.9110
$200.00Oct 167.007.50$7.256.9%40.66164
$195.00Oct 234.855.35$5.109.8%10.49--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.51, cheapest $0.06)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$178.00Sep 250.050.06$0.0616.7%1.8K0.02615
$180.00Oct 160.891.03$0.9614.6%1040.131.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 131 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.00Sep 2531.6534.20$32.927.7%541.00--
$162.50Sep 2531.1533.70$32.427.9%691.00--
$163.00Sep 2530.6532.80$31.736.8%291.00--
$164.00Sep 2530.2531.85$31.055.2%151.00--
$165.00Sep 2528.1030.65$29.388.7%101.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Oct 212.3514.15$13.2513.6%--0.9411
$210.00Oct 1615.0015.95$15.486.1%--0.9110
$205.00Oct 29.1511.10$10.1319.2%--0.9010
$200.00Sep 255.055.85$5.4514.7%10.9014
$205.00Oct 1610.6011.20$10.905.5%30.803

Most actively traded options today. High liquidity = easy entry/exit. 323 active (total vol 30.2K, top 4.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 162.382.91$2.6520.0%4.7K0.341.6K
$195.00Oct 164.655.05$4.858.2%2.5K0.502.5K
$210.00Oct 160.350.60$0.4852.1%6010.10183
$195.00Oct 93.754.40$4.0815.9%5220.51269
$195.00Sep 251.512.00$1.7627.8%4790.49592
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$178.00Sep 250.050.06$0.0616.7%1.8K0.02615
$190.00Sep 250.390.70$0.5457.4%1.5K0.1819
$193.00Oct 163.454.05$3.7516.0%1.3K0.43556
$165.00Oct 160.250.43$0.3452.9%1.3K0.045.1K
$172.00Oct 230.580.73$0.6622.7%1.0K0.0818

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 8.4%, max 13.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Sep 25Oct 3026.8%23.6%13.7%531.7K
$193.00Sep 25Oct 3024.7%23.0%7.3%3767
$191.00Sep 25Oct 3025.4%23.7%7.2%57433
$195.00Sep 25Oct 3023.1%21.7%6.3%519621
$194.00Sep 25Oct 3023.6%22.2%6.0%136136
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Sep 25Oct 3026.8%23.6%13.7%1.5K20
$191.00Sep 25Oct 3025.4%23.7%7.2%65130
$192.00Sep 25Oct 2323.5%22.2%6.0%9812

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 168 found (best R:R 6.69, avg 4.83)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$188.00$189.00Oct 9$0.13$0.87$0.1375%6.69$188.13
$181.00$182.00Oct 16$0.28$0.72$0.2886%2.57$181.28
$177.00$178.00Oct 16$0.43$0.57$0.4389%1.33$177.43
$173.00$174.00Oct 16$0.47$0.53$0.4792%1.13$173.47
$197.00$199.00Oct 23$0.38$1.62$0.3845%4.26$197.38
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$190.00Oct 23$0.45$1.55$0.4540%3.44$191.55
$194.00$193.00Oct 16$0.18$0.82$0.1846%4.56$193.82
$190.00$189.00Oct 30$0.16$0.84$0.1635%5.25$189.84
$192.00$191.00Oct 16$0.20$0.80$0.2039%4.00$191.80
$190.00$189.00Oct 16$0.15$0.85$0.1533%5.67$189.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 127 found (best R:R 1.03, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$200.00$202.50Oct 30$1.27$1.27$1.2360%1.03$201.27
$200.00$202.50Oct 23$1.05$1.05$1.4563%0.72$201.05
$196.00$197.00Oct 23$0.69$0.69$0.3152%2.23$196.69
$200.00$202.50Oct 2$0.59$0.59$1.9175%0.31$200.59
$198.00$199.00Oct 30$0.60$0.60$0.4056%1.50$198.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$189.00$188.00Oct 16$0.50$0.50$0.5069%1.00$188.50
$163.00$162.50Sep 25$0.20$0.20$0.3097%0.67$162.80
$193.00$192.50Sep 25$0.35$0.35$0.1564%2.33$192.65
$188.00$187.00Oct 23$0.46$0.46$0.5470%0.85$187.54
$182.50$182.00Sep 25$0.12$0.12$0.3895%0.32$182.38

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.40, cheapest $0.73)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$193.00Sep 25Oct 2$0.7324.7%22.8%
$195.00Sep 25Oct 2$1.2923.1%21.4%
$194.00Sep 25Oct 2$1.3523.6%22.1%
$196.00Sep 25Oct 2$1.3422.3%23.1%
$197.00Sep 25Oct 2$1.2321.4%22.4%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$193.00Sep 25Oct 2$0.9924.7%22.8%
$195.00Sep 25Oct 2$1.0523.1%21.4%
$194.00Sep 25Oct 2$1.0223.6%22.1%
$196.00Sep 25Oct 30$3.5922.3%25.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 1.88% of stock, avg 5.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$195.00Sep 25$1.76$1.90$3.66$191.34$198.661.88%
$196.00Sep 25$1.25$2.54$3.79$192.21$199.791.95%
$194.00Sep 25$2.33$1.53$3.86$190.14$197.861.98%
$192.50Sep 25$3.55$0.86$4.41$188.09$196.912.26%
$193.00Sep 25$3.32$1.21$4.53$188.47$197.532.32%
$192.00Sep 25$3.90$0.81$4.71$187.29$196.712.42%
$191.00Sep 25$4.60$0.67$5.27$185.73$196.272.70%
$200.00Sep 25$0.19$5.45$5.64$194.36$205.642.89%
$190.00Sep 25$5.20$0.54$5.74$184.26$195.742.95%
$195.00Oct 2$3.05$2.95$6.00$189.00$201.003.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.63% of stock, avg 3.07%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$198.00$191.00Sep 25$0.56$0.67$1.23$189.77$199.23
$198.00$192.00Sep 25$0.56$0.81$1.37$190.63$199.37
$197.50$191.00Sep 25$0.78$0.67$1.45$189.55$198.95
$198.00$192.50Sep 25$0.56$0.86$1.42$191.08$199.42
$197.50$192.00Sep 25$0.78$0.81$1.59$190.41$199.09
$197.00$191.00Sep 25$0.85$0.67$1.52$189.48$198.52
$197.50$192.50Sep 25$0.78$0.86$1.64$190.86$199.14
$197.00$192.00Sep 25$0.85$0.81$1.66$190.34$198.66
$197.00$192.50Sep 25$0.85$0.86$1.71$190.79$198.71
$198.00$193.00Sep 25$0.56$1.21$1.77$191.23$199.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 201 found (best R:R 0.85, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
162/163199/200Sep 25$0.46$0.5479%0.85$162.54$199.46
182/182198/198Sep 25$0.34$0.1667%2.12$182.16$197.84
168/168198/198Sep 25$0.32$0.1870%1.78$167.68$197.82
168/168199/200Sep 25$0.36$0.6479%0.56$167.64$199.36
175/176199/200Sep 25$0.37$0.6378%0.59$175.63$199.37
182/182199/200Sep 25$0.38$0.6277%0.61$182.12$199.38
188/188198/198Sep 25$0.34$0.1660%2.12$187.66$197.84
189/190199/200Sep 25$0.50$0.5064%1.00$189.50$199.50
185/186199/200Oct 9$0.63$0.3746%1.70$185.37$199.63
170/171199/200Oct 9$0.47$0.5362%0.89$170.53$199.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 6.35, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$202.50$205.00$207.50Oct 23$0.06$2.4412%40.67
$202.50$205.00$207.50Oct 16$0.08$2.4213%30.25
$205.00$207.50$210.00Oct 30$0.08$2.4211%30.25
$202.50$205.00$207.50Oct 30$0.11$2.3911%21.73
$194.00$195.00$196.00Sep 25$0.06$0.9417%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$200.00$205.00Oct 2$0.68$4.3240%6.35
$193.00$194.00$195.00Oct 2$0.05$0.9510%19.00
$189.00$190.00$191.00Oct 2$0.07$0.937%13.29
$180.00$181.00$182.00Oct 2$0.05$0.953%19.00
$175.00$176.00$177.00Oct 16$0.05$0.953%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-2.27, 125 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$202.50$205.001:2Oct 9-$0.24$2.26
$200.00$202.501:2Oct 9-$0.48$2.02
$205.00$207.501:2Oct 16-$0.27$2.23
$202.50$205.001:2Oct 2-$0.17$2.33
$215.00$220.001:2Oct 16-$0.05$4.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$200.001:2Oct 2-$2.27$2.73
$205.00$200.001:2Oct 16-$3.60$1.40
$165.00$160.001:2Oct 23-$0.03$4.97
$165.00$160.001:2Oct 16-$0.06$4.94
$190.00$189.001:2Sep 25-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 3.16%, avg 1.18%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$195.00Oct 30$6.150.520.1%3.16%3.23%4029
$196.00Oct 30$5.400.500.6%2.77%3.36%312
$197.50Oct 30$4.600.461.4%2.36%3.72%421
$199.00Oct 30$3.850.422.1%1.98%4.11%412
$198.00Oct 30$4.150.451.6%2.13%3.75%434
$200.00Oct 30$3.450.402.6%1.77%4.41%3447
$195.00Oct 23$5.200.510.1%2.67%2.75%5129
$197.00Oct 30$4.100.471.1%2.10%3.21%911
$202.50Oct 30$2.660.323.9%1.37%5.29%1826
$196.00Oct 23$4.500.480.6%2.31%2.90%62

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 20,142
Total Puts 48,538
Put/Call Ratio 2.41
Net Difference -28,396

Prior's Put/Call Breakdown

Total Calls 19,529
Total Puts 7,898
Put/Call Ratio 0.40
Net Difference 11,631

Prior 7-Day Put/Call Summary

Total Calls 89,632
Total Puts 88,933
Average Put/Call Ratio 1.06
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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