Tour v477
XLK
State StreetTechSelSectSPDRETF
$175.50 -0.13%
7/31 13:20

Option Volume

Detail
Current (07/31 1:20pm) 14,951
Calls: 4,706 (31%)
Puts: 10,245 (69%)
Prior (07/30) 11,475
Calls: 5,542 (48%)
Puts: 5,933 (52%)
Current vs Prior +30.29%
Calls: -15.08% (Calls)
Puts: +72.68% (Puts)
Prior 7-Day Total 131,459
Calls: 51,945 (40%)
Puts: 79,514 (60%)
Prior 7-Day Average 18,779
Calls: 7,420 (40%)
Puts: 11,359 (60%)
Current vs Prior 7-Day Avg -20.39%
Calls: -36.58%
Puts: -9.81%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31 1:20pm) $5.99M
Calls: $2.62M (44%)
Puts: $3.37M (56%)
Prior (07/30) $8.52M
Calls: $4.40M (52%)
Puts: $4.12M (48%)
Current vs Prior -29.69%
Calls: -40.46%
Puts: -18.19%
Prior 7-Day Total $81.01M
Calls: $39.75M (49%)
Puts: $41.26M (51%)
Prior 7-Day Average $11.57M
Calls: $5.68M (49%)
Puts: $5.89M (51%)
Current vs Prior 7-Day Avg -48.22%
Calls: -53.88%
Puts: -42.76%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31 1:20pm) 2.18
Prior (07/30) 1.07
Current vs Prior +103.35%
Prior 7-Day Average 1.64
Current vs Prior 7-Day Avg +33.10%
Sentiment BEARISH

Open Interest

Detail
Current (07/31 1:20pm) 709,689
Calls: 262,284 (37%)
Puts: 447,405 (63%)
Prior (07/30) 703,304
Calls: 260,492 (37%)
Puts: 442,812 (63%)
Current vs Prior +0.91%
Prior 7-Day Total 4,884,687
Calls: 1,802,053 (37%)
Puts: 3,082,634 (63%)
Prior 7-Day Average 697,812
Calls: 257,436 (37%)
Puts: 440,376 (63%)
Current vs Prior 7-Day Avg +1.70%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.05% | 4.13%6.87% | 10.36%
Prior 1.96% | 4.45%6.65% | 10.35%
Current vs Prior -46.15% | -7.17%+3.39% | +0.13%
Prior 7-Day Avg 3.53% | 5.35%7.64% | 11.14%
Current vs 7-Day Avg -70.13% | -22.74%-10.05% | -6.97%
Prior 7-Day Eod 1.96% | 4.45%6.65% | 10.35%
Current vs 7-Day Eod -46.15% | -7.17%+3.39% | +0.13%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 70.61% | 13.79%
Calls: 82.43% | 13.70%
Puts: 58.78% | 13.89%
Prior 106.69% | 64.89%
Calls: 90.37% | 40.51%
Puts: 123.00% | 89.27%
Current vs Prior -33.82% | -78.75%
Prior 7-Day Avg 64.31% | 53.39%
Calls: 50.74% | 41.48%
Puts: 77.87% | 65.30%
Current vs 7-Day Avg +9.80% | -74.17%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 2.18 - heavy put buying. P/C ratio rising 103% - increased hedging/bearish positioning. Put-heavy open interest (447,405 puts vs 262,284 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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
13:20BEARISHBEARISHBEARISH
13:00BEARISHBEARISHBEARISH
12:55BEARISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHBEARISHBEARISH
12:35BULLISHBEARISHBEARISH
12:30BULLISHBEARISHBEARISH
12:25BULLISHBEARISHBEARISH
12:20BULLISHBEARISHBEARISH
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHBEARISHBEARISH
11:35BULLISHBEARISHBEARISH
11:30BULLISHBEARISHBEARISH
11:25BULLISHBEARISHBEARISH
11:20BULLISHBEARISHBEARISH
11:15BULLISHBEARISHBEARISH
11:10BULLISHBEARISHBEARISH
11:05BULLISHBEARISHBEARISH
11:00BULLISHBEARISHBEARISH
10:55BULLISHBEARISHBEARISH
10:50BULLISHBEARISHBEARISH
10:45BULLISHBEARISHBEARISH
10:40BULLISHBEARISHBEARISH
10:35BULLISHBEARISHBEARISH
10:30BULLISHBEARISHBEARISH
10:25BULLISHBEARISHBEARISH
10:20BULLISHBEARISHBEARISH
10:15BULLISHBEARISHBEARISH
10:10BULLISHBEARISHBEARISH
10:05BULLISHBEARISHBEARISH
10:00BULLISHBEARISHBEARISH
09:55BULLISHBEARISHBEARISH
09:50BULLISHBEARISHBEARISH
09:45BULLISHBEARISHBEARISH
09:40BULLISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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 36 of results (avg 7.6%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 1416.1016.70$16.403.7%10.891
$177.00Aug 214.855.10$4.975.0%500.46126
$172.00Aug 146.657.00$6.835.1%10.621
$170.00Aug 76.857.25$7.055.7%30.7427
$168.00Aug 2110.2510.90$10.586.1%10.709
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 285.806.10$5.955.0%50.4965
$190.00Aug 1414.5515.45$15.006.0%--0.8926
$185.00Aug 2811.4512.35$11.907.6%--0.7210
$184.00Aug 2110.1510.95$10.557.6%70.73315
$180.00Aug 75.656.15$5.908.5%10.71320

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.93, cheapest $0.93)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.00Aug 70.851.00$0.9316.1%30.1868

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 153 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Jul 3128.4030.85$29.638.3%--1.0020
$150.00Jul 3123.4025.70$24.559.4%21.0015
$152.00Jul 3121.3523.75$22.5510.6%211.00317
$152.50Jul 3120.9023.30$22.1010.9%371.00346
$153.00Jul 3120.4022.95$21.6711.8%181.0092
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Jul 3114.1516.00$15.0812.3%200.991
$182.00Jul 316.308.05$7.1824.4%--0.9962
$183.00Jul 317.259.60$8.4327.9%--0.98161
$180.00Jul 314.255.25$4.7521.1%80.97212
$181.00Jul 315.306.40$5.8518.8%10.96115

Most actively traded options today. High liquidity = easy entry/exit. 301 active (total vol 10.2K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$177.00Jul 310.010.41$0.21190.5%7920.19288
$175.00Aug 215.556.20$5.8811.1%4080.512.4K
$176.00Jul 310.040.50$0.27170.4%2930.30345
$173.00Jul 312.252.71$2.4818.5%2890.89120
$175.00Jul 310.411.02$0.7284.7%1220.69756
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 211.902.38$2.1422.4%1.5K0.232.2K
$171.00Jul 310.020.17$0.10150.0%1.3K0.07566
$170.00Jul 310.010.06$0.03166.7%9210.031.7K
$173.00Jul 310.030.53$0.28178.6%6740.2085
$160.00Aug 70.240.45$0.3560.0%6400.07202

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 98 strikes (avg 350.3%, max 1561.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$202.50Jul 31Aug 14630.1%37.9%1561.1%296
$210.00Jul 31Aug 28415.6%33.9%1125.5%--861
$145.00Jul 31Aug 21590.6%48.5%1118.6%--39
$152.00Jul 31Aug 21425.9%42.8%894.8%21397
$150.00Jul 31Aug 21406.6%44.0%824.7%2155
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$145.00Jul 31Sep 11590.6%42.3%1296.6%228
$150.00Jul 31Sep 11406.6%39.4%933.3%17226
$152.00Jul 31Aug 21425.9%42.8%894.8%3107
$182.50Jul 31Sep 11234.5%31.7%639.5%148
$155.00Jul 31Sep 11255.1%38.2%567.8%10102

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 206 found (best R:R 30.25, avg 3.53)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$200.00$205.00Aug 21$0.18$4.82$0.1826.78$200.18
$200.00$205.00Aug 28$0.29$4.71$0.2916.24$200.29
$196.00$200.00Aug 28$0.31$3.69$0.3111.90$196.31
$192.50$194.00Aug 14$0.13$1.37$0.1310.54$192.63
$186.00$187.00Aug 7$0.11$0.89$0.118.09$186.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$155.00$150.00Aug 14$0.16$4.84$0.1630.25$154.84
$150.00$145.00Aug 28$0.28$4.72$0.2816.86$149.72
$159.00$155.00Aug 14$0.24$3.76$0.2415.67$158.76
$150.00$145.00Sep 11$0.32$4.68$0.3214.62$149.68
$155.00$150.00Aug 28$0.35$4.65$0.3513.29$154.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 245 found (best R:R 19.00, avg 1.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$147.00$150.00Aug 21$2.85$2.85$0.1519.00$149.85
$165.00$167.00Aug 7$1.80$1.80$0.209.00$166.80
$159.00$160.00Jul 31$0.89$0.89$0.118.09$159.89
$161.00$162.00Aug 7$0.88$0.88$0.127.33$161.88
$163.00$164.00Aug 7$0.88$0.88$0.127.33$163.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$190.00$184.00Jul 31$5.68$5.68$0.3217.75$184.32
$195.00$193.00Aug 21$1.87$1.87$0.1314.38$193.13
$181.00$180.00Aug 7$0.90$0.90$0.109.00$180.10
$192.00$191.00Aug 21$0.88$0.88$0.127.33$191.12
$183.00$182.00Aug 21$0.85$0.85$0.155.67$182.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 94 found (avg debit $1.11, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Jul 31Aug 7$0.07234.5%31.0%
$190.00Jul 31Aug 7$0.07174.3%29.8%
$200.00Jul 31Aug 7$0.07252.6%44.7%
$191.00Jul 31Aug 7$0.09184.5%32.7%
$197.50Aug 7Aug 14$0.0943.6%34.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$155.00Jul 31Aug 7$0.20255.1%51.4%
$159.00Jul 31Aug 7$0.24206.5%44.2%
$158.00Jul 31Aug 7$0.27218.2%47.8%
$157.00Jul 31Aug 7$0.28230.1%50.5%
$182.00Jul 31Aug 7$0.3290.8%31.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 140 found (cheapest 0.63% of stock, avg 7.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$175.00Jul 31$0.72$0.38$1.10$173.90$176.100.63%
$176.00Jul 31$0.27$1.13$1.40$174.60$177.400.80%
$174.00Jul 31$1.49$0.40$1.89$172.11$175.891.08%
$177.00Jul 31$0.21$1.83$2.04$174.96$179.041.16%
$177.50Jul 31$0.11$2.17$2.28$175.22$179.781.30%
$172.50Jul 31$2.06$0.33$2.39$170.11$174.891.36%
$178.00Jul 31$0.05$2.66$2.71$175.29$180.711.54%
$173.00Jul 31$2.48$0.28$2.76$170.24$175.761.57%
$172.00Jul 31$3.01$0.12$3.13$168.87$175.131.78%
$179.00Jul 31$0.06$3.65$3.71$175.29$182.712.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.13% of stock, avg 4.05%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$177.50$172.00Jul 31$0.11$0.12$0.23$171.77$177.73
$177.00$172.00Jul 31$0.21$0.12$0.33$171.67$177.33
$176.00$172.00Jul 31$0.27$0.12$0.39$171.61$176.39
$177.50$173.00Jul 31$0.11$0.28$0.39$172.61$177.89
$177.50$172.50Jul 31$0.11$0.33$0.44$172.06$177.94
$177.00$173.00Jul 31$0.21$0.28$0.49$172.51$177.49
$177.50$175.00Jul 31$0.11$0.38$0.49$174.51$177.99
$177.50$174.00Jul 31$0.11$0.40$0.51$173.49$178.01
$176.00$173.00Jul 31$0.27$0.28$0.55$172.45$176.55
$177.00$172.50Jul 31$0.21$0.33$0.54$171.96$177.54

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 288 found (best R:R 9.53, avg credit $1.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
170/171172/174Aug 14$1.81$0.199.53$169.19$173.81
160/161170/171Aug 7$0.88$0.127.33$160.12$170.88
164/165172/174Aug 14$1.76$0.247.33$163.24$173.76
169/170172/174Aug 14$1.76$0.247.33$168.24$173.76
162/162174/175Aug 28$0.87$0.136.69$161.63$174.87
167/168174/175Aug 28$0.87$0.136.69$166.63$174.87
155/159160/170Aug 14$8.61$1.396.19$150.39$168.61
150/155160/170Aug 14$8.53$1.475.80$146.47$168.53
168/168170/171Aug 7$0.85$0.155.67$167.15$170.85
165/166175/177Aug 28$1.70$0.305.67$164.30$176.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 105 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$200.00$205.00$210.00Aug 21$0.15$4.8532.33
$150.00$160.00$170.00Aug 14$0.33$9.6729.30
$200.00$205.00$210.00Aug 28$0.21$4.7922.81
$157.00$158.00$159.00Aug 21$0.05$0.9519.00
$178.00$179.00$180.00Aug 7$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$145.00$150.00$155.00Aug 28$0.07$4.9370.43
$145.00$150.00$155.00Sep 4$0.08$4.9261.50
$145.00$150.00$155.00Aug 14$0.09$4.9154.56
$175.00$176.00$177.00Aug 28$0.05$0.9519.00
$150.00$155.00$160.00Sep 11$0.32$4.6814.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 146 found (best net $-0.03, 134 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$210.001:2Aug 21-$0.06$4.94
$205.00$210.001:2Aug 28-$0.10$4.90
$190.00$195.001:2Sep 11-$0.53$4.47
$185.00$190.001:2Sep 11-$0.93$4.07
$196.00$200.001:2Aug 28-$0.24$3.76
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$150.001:2Aug 7-$0.03$4.97
$155.00$150.001:2Aug 14-$0.12$4.88
$150.00$145.001:2Aug 14-$0.14$4.86
$150.00$145.001:2Sep 4-$0.28$4.72
$150.00$145.001:2Aug 28-$0.34$4.66

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 93 found (best yield 3.13%, avg 1.01%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$178.00Sep 4$5.500.461.4%3.13%4.56%13
$177.50Aug 28$4.950.451.1%2.82%3.96%346
$176.00Aug 21$4.900.480.3%2.79%3.08%--166
$177.00Aug 28$4.900.470.8%2.79%3.65%28
$177.00Aug 21$4.850.460.8%2.76%3.62%50126
$178.00Aug 28$4.850.441.4%2.76%4.19%--28
$179.00Aug 28$4.300.422.0%2.45%4.44%45
$177.50Aug 21$4.250.441.1%2.42%3.56%--36
$176.00Aug 14$3.900.480.3%2.22%2.51%36
$180.00Aug 28$3.900.392.6%2.22%4.79%120

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 4,706
Total Puts 10,245
Put/Call Ratio 2.18
Net Difference -5,539

Prior's Put/Call Breakdown

Total Calls 5,542
Total Puts 5,933
Put/Call Ratio 1.07
Net Difference -391

Prior 7-Day Put/Call Summary

Total Calls 51,945
Total Puts 79,514
Average Put/Call Ratio 1.64
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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