Tour v528
XLK
State StreetTechSelSectSPDRETF
$188.06 +0.00%
9/18 13:10

Option Volume

Detail
Current (09/18 1:10pm) 13,298
Calls: 8,358 (63%)
Puts: 4,940 (37%)
Prior (09/17) 15,917
Calls: 9,407 (59%)
Puts: 6,510 (41%)
Current vs Prior -16.45%
Calls: -11.15% (Calls)
Puts: -24.12% (Puts)
Prior 7-Day Total 193,529
Calls: 88,308 (46%)
Puts: 105,221 (54%)
Prior 7-Day Average 27,647
Calls: 12,615 (46%)
Puts: 15,031 (54%)
Current vs Prior 7-Day Avg -51.90%
Calls: -33.75%
Puts: -67.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 1:10pm) $10.08M
Calls: $8.83M (88%)
Puts: $1.25M (12%)
Prior (09/17) $20.49M
Calls: $18.22M (89%)
Puts: $2.27M (11%)
Current vs Prior -50.81%
Calls: -51.56%
Puts: -44.77%
Prior 7-Day Total $199.21M
Calls: $161.43M (81%)
Puts: $37.78M (19%)
Prior 7-Day Average $28.46M
Calls: $23.06M (81%)
Puts: $5.40M (19%)
Current vs Prior 7-Day Avg -64.59%
Calls: -61.73%
Puts: -76.78%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 1:10pm) 0.59
Prior (09/17) 0.69
Current vs Prior -14.59%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -51.72%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 1:10pm) 840,214
Calls: 294,433 (35%)
Puts: 545,781 (65%)
Prior (09/17) 830,205
Calls: 289,674 (35%)
Puts: 540,531 (65%)
Current vs Prior +1.21%
Prior 7-Day Total 5,556,594
Calls: 1,951,847 (35%)
Puts: 3,604,747 (65%)
Prior 7-Day Average 793,799
Calls: 278,835 (35%)
Puts: 514,963 (65%)
Current vs Prior 7-Day Avg +5.85%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 0.70% | 2.52%0.70% | 5.01%
Prior 1.11% | 2.75%1.11% | 5.01%
Current vs Prior -36.84% | -8.32%-36.84% | +0.11%
Prior 7-Day Avg 2.12% | 3.60%2.64% | 6.28%
Current vs 7-Day Avg -66.85% | -29.97%-73.43% | -20.20%
Prior 7-Day Eod 1.11% | 2.75%1.11% | 5.01%
Current vs 7-Day Eod -36.84% | -8.32%-36.84% | +0.11%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 39.75% | 15.55%
Calls: 47.22% | 10.10%
Puts: 32.29% | 21.01%
Prior 92.87% | 49.91%
Calls: 77.98% | 63.98%
Puts: 107.75% | 35.84%
Current vs Prior -57.20% | -68.84%
Prior 7-Day Avg 62.70% | 44.73%
Calls: 63.99% | 41.66%
Puts: 61.41% | 47.80%
Current vs 7-Day Avg -36.61% | -65.24%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($8.83M) vs puts ($1.25M). Light premium activity with dollar volume down 51% vs prior. Bullish P/C ratio of 0.59. Put-heavy open interest (545,781 puts vs 294,433 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
13:10BULLISHBULLISHBULLISH
13:05BULLISHBULLISHBULLISH
13:00BULLISHBULLISHBULLISH
12:55BULLISHBULLISHBULLISH
12:50BULLISHBULLISHBULLISH
12:45BULLISHBULLISHBULLISH
12:40BULLISHBULLISHBULLISH
12:35BULLISHBULLISHBULLISH
12:30BULLISHBULLISHBULLISH
12:25BULLISHBULLISHBULLISH
12:20BULLISHBULLISHBULLISH
12:15BULLISHBULLISHBULLISH
12:10BULLISHBULLISHBULLISH
12:05BULLISHBULLISHBULLISH
12:00BULLISHBULLISHBULLISH
11:55BULLISHBULLISHBULLISH
11:50BULLISHBULLISHBULLISH
11:45BULLISHBULLISHBULLISH
11:40BULLISHBULLISHBULLISH
11:35BULLISHBULLISHBULLISH
11:30BULLISHBULLISHBULLISH
11:25BULLISHBULLISHBULLISH
11:20BULLISHBULLISHBULLISH
11:15BULLISHBULLISHBULLISH
11:10BULLISHBULLISHBULLISH
11:05BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
10:55BULLISHBULLISHBULLISH
10:50BULLISHBULLISHBULLISH
10:45BULLISHBULLISHBULLISH
10:40BULLISHBULLISHBULLISH
10:35BULLISHBULLISHBULLISH
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHNEUTRALMIXED
09:45BULLISHBEARISHBEARISH
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 84 of results (avg 6.1%, best 1.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1832.8033.20$33.001.2%661.002.7K
$151.00Sep 1836.5537.20$36.881.8%151.00341
$160.00Oct 1628.3028.95$28.632.3%--0.9526
$165.00Oct 1623.4524.00$23.732.3%--0.9314
$175.00Oct 1614.3514.70$14.522.4%10.85128
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$188.00Oct 164.204.35$4.283.5%210.5058
$190.00Oct 165.155.35$5.253.8%--0.56400
$191.00Oct 165.655.90$5.784.3%--0.6011
$200.00Oct 1612.3012.85$12.584.4%40.86160
$195.00Oct 168.208.60$8.404.8%--0.7314

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.63, cheapest $0.43)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Sep 250.410.45$0.439.3%260.1727
$192.00Sep 250.520.58$0.5510.9%230.20404
$200.00Oct 160.660.75$0.7112.7%1350.141.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 250.330.39$0.3616.7%550.111.8K
$183.00Sep 250.590.70$0.6516.9%120.20148
$179.00Oct 20.770.87$0.8212.2%10.1666
$180.00Oct 20.891.01$0.9512.6%210.19331
$175.00Oct 90.800.91$0.8612.8%20.13203

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 125 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$151.00Sep 1836.5537.20$36.881.8%151.00341
$152.50Sep 1834.9036.60$35.754.8%--1.00639
$154.00Sep 1833.3534.20$33.782.5%261.00143
$155.00Sep 1832.8033.20$33.001.2%661.002.7K
$156.00Sep 1831.3532.40$31.883.3%1391.00155
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1811.2012.45$11.8310.6%40.9912
$195.00Sep 186.857.25$7.055.7%40.995
$192.50Sep 184.205.00$4.6017.4%--0.99121
$200.00Sep 2511.6512.65$12.158.2%120.997
$191.00Sep 182.803.35$3.0817.9%--0.9845

Most actively traded options today. High liquidity = easy entry/exit. 245 active (total vol 10.8K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Oct 161.551.80$1.6814.9%1.3K0.26574
$190.00Sep 250.931.16$1.0521.9%1.2K0.33369
$192.00Oct 162.542.95$2.7514.9%6840.371.1K
$177.50Sep 1810.0510.70$10.386.3%3371.00482
$177.00Sep 1810.5011.20$10.856.5%3321.0083
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 252.473.05$2.7621.0%1.2K0.5921
$175.00Oct 161.091.23$1.1612.1%5160.162.5K
$187.00Sep 180.050.11$0.0875.0%1590.16733
$188.00Sep 180.250.66$0.4689.1%1560.54130
$170.00Oct 160.670.76$0.7212.5%780.101.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 30.6%, max 47.8%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Sep 18Oct 2332.6%22.1%47.8%31826
$188.00Sep 18Oct 3028.0%21.5%30.7%45417
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Sep 18Oct 3032.6%22.1%47.2%18705
$188.00Sep 18Oct 1628.0%20.0%40.1%177188
$187.00Sep 18Oct 3026.2%22.4%16.9%161746
$192.00Oct 9Oct 1621.8%21.6%1.1%1107

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 178 found (best R:R 0.54, avg 4.43)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$175.00$176.00Sep 25$0.65$0.35$0.65100%0.54$175.65
$185.00$188.00Oct 30$1.42$1.58$1.4260%1.11$186.42
$185.00$186.00Oct 2$0.52$0.48$0.5264%0.92$185.52
$195.00$197.00Oct 9$0.28$1.72$0.2823%6.14$195.28
$198.00$200.00Oct 9$0.13$1.87$0.1314%14.38$198.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Sep 25$0.37$0.63$0.3767%1.70$189.63
$192.00$188.00Oct 9$2.08$1.92$2.0865%0.92$189.92
$189.00$188.00Sep 18$0.50$0.50$0.5088%1.00$188.50
$179.00$177.00Oct 23$0.22$1.78$0.2224%8.09$178.78
$187.00$186.00Oct 16$0.25$0.75$0.2546%3.00$186.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 144 found (best R:R 0.27, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$220.00$225.00Sep 18$1.06$1.06$3.9490%0.27$221.06
$212.50$215.00Sep 18$0.78$0.78$1.7290%0.45$213.28
$202.50$205.00Sep 18$0.78$0.78$1.7287%0.45$203.28
$197.00$198.00Oct 9$0.33$0.33$0.6782%0.49$197.33
$193.00$195.00Oct 23$0.83$0.83$1.1762%0.71$193.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$183.00$182.50Oct 9$0.30$0.30$0.2069%1.50$182.70
$181.00$180.00Oct 30$0.41$0.41$0.5970%0.69$180.59
$170.00$169.00Oct 23$0.22$0.22$0.7888%0.28$169.78
$183.00$182.50Oct 30$0.27$0.27$0.2365%1.17$182.73
$165.00$164.00Sep 25$0.10$0.10$0.9097%0.11$164.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $1.42, cheapest $1.60)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 18Sep 25$1.6032.6%19.4%
$188.00Sep 18Sep 25$1.6228.0%20.0%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 18Sep 25$1.6332.6%19.4%
$188.00Sep 18Sep 25$1.6328.0%20.0%
$192.00Oct 9Oct 16$0.6021.8%21.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 102 found (cheapest 0.44% of stock, avg 4.97%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$188.00Sep 18$0.36$0.46$0.82$187.18$188.820.44%
$187.50Sep 18$0.62$0.28$0.90$186.60$188.400.48%
$189.00Sep 18$0.06$0.96$1.02$187.98$190.020.54%
$187.00Sep 18$1.16$0.08$1.24$185.76$188.240.66%
$186.00Sep 18$1.95$0.04$1.99$184.01$187.991.06%
$190.00Sep 18$0.02$2.07$2.09$187.91$192.091.11%
$185.00Sep 18$2.95$0.02$2.97$182.03$187.971.58%
$191.00Sep 18$0.01$3.08$3.09$187.91$194.091.64%
$184.00Sep 18$3.83$0.06$3.89$180.11$187.892.07%
$188.00Sep 25$1.98$2.09$4.07$183.93$192.072.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.05% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$186.00Sep 18$0.06$0.04$0.10$185.90$189.10
$189.00$184.00Sep 18$0.06$0.06$0.12$183.88$189.12
$189.00$187.00Sep 18$0.06$0.08$0.14$186.86$189.14
$189.00$187.50Sep 18$0.06$0.28$0.34$187.16$189.34
$188.00$187.00Sep 18$0.36$0.08$0.44$186.56$188.44
$188.00$186.00Sep 18$0.36$0.04$0.40$185.60$188.40
$188.00$187.50Sep 18$0.36$0.28$0.64$186.86$188.64
$188.00$184.00Sep 18$0.36$0.06$0.42$183.58$188.42
$202.50$186.00Sep 18$0.79$0.04$0.83$185.17$203.33
$202.50$187.00Sep 18$0.79$0.08$0.87$186.13$203.37

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 271 found (best R:R 0.82, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
169/170197/198Oct 9$0.45$0.5573%0.82$169.55$197.45
180/181196/197Oct 30$0.79$0.2139%3.76$180.21$196.79
174/175197/198Oct 9$0.47$0.5368%0.89$174.53$197.47
164/165199/200Sep 25$0.21$0.7993%0.27$164.79$199.21
182/183197/198Oct 9$0.63$0.3751%1.70$182.37$197.63
164/165197/198Sep 25$0.21$0.7991%0.27$164.79$197.21
178/179197/198Oct 9$0.49$0.5161%0.96$178.51$197.49
174/175195/196Oct 2$0.38$0.6272%0.61$174.62$195.38
177/178196/197Oct 16$0.53$0.4756%1.13$177.47$196.53
171/172196/197Oct 16$0.44$0.5664%0.79$171.56$196.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 88 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$205.00$210.00Oct 16$0.24$4.7611%19.83
$205.00$210.00$215.00Oct 16$0.10$4.906%49.00
$188.00$189.00$190.00Sep 18$0.26$0.7445%2.85
$190.00$191.00$192.00Sep 25$0.06$0.9413%15.67
$188.00$189.00$190.00Sep 25$0.09$0.9116%10.11
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.08$4.925%61.50
$185.00$186.00$187.00Oct 2$0.06$0.949%15.67
$155.00$160.00$165.00Oct 16$0.09$4.913%54.56
$188.00$189.00$190.00Oct 2$0.07$0.9310%13.29
$179.00$180.00$181.00Oct 2$0.06$0.945%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 162 found (best net $-3.13, 142 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$187.001:2Sep 18-$0.37$0.63
$200.00$205.001:2Oct 23-$0.03$4.97
$191.00$194.001:2Oct 9-$0.50$2.50
$187.00$187.501:2Sep 18-$0.08$0.42
$210.00$225.001:2Oct 2-$0.09$14.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Oct 16-$3.13$6.87
$196.00$191.001:2Sep 25-$0.16$4.84
$200.00$195.001:2Sep 18-$2.27$2.73
$192.00$188.001:2Oct 9-$1.77$2.23
$195.00$192.501:2Sep 18-$2.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 2.58%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 30$4.850.471.0%2.58%3.61%157
$189.00Oct 30$5.200.490.5%2.77%3.26%--51
$191.00Oct 30$4.250.441.6%2.26%3.82%244
$192.00Oct 30$3.850.422.1%2.05%4.14%43
$193.00Oct 30$3.400.392.6%1.81%4.43%221
$194.00Oct 30$3.000.363.2%1.60%4.75%--26
$195.00Oct 30$2.670.343.7%1.42%5.11%226
$190.00Oct 23$4.100.461.0%2.18%3.21%--31
$196.00Oct 30$2.360.314.2%1.25%5.48%212
$192.00Oct 23$3.200.402.1%1.70%3.80%--24

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 8,358
Total Puts 4,940
Put/Call Ratio 0.59
Net Difference 3,418

Prior's Put/Call Breakdown

Total Calls 9,407
Total Puts 6,510
Put/Call Ratio 0.69
Net Difference 2,897

Prior 7-Day Put/Call Summary

Total Calls 88,308
Total Puts 105,221
Average Put/Call Ratio 1.22
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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