Tour v528
XLK
State StreetTechSelSectSPDRETF
$188.10 +0.02%
9/18 13:15

Option Volume

Detail
Current (09/18 1:15pm) 14,509
Calls: 9,408 (65%)
Puts: 5,101 (35%)
Prior (09/17) 16,130
Calls: 9,601 (60%)
Puts: 6,529 (40%)
Current vs Prior -10.05%
Calls: -2.01% (Calls)
Puts: -21.87% (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 -47.52%
Calls: -25.42%
Puts: -66.06%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 1:15pm) $13.03M
Calls: $11.73M (90%)
Puts: $1.30M (10%)
Prior (09/17) $22.06M
Calls: $19.79M (90%)
Puts: $2.27M (10%)
Current vs Prior -40.91%
Calls: -40.71%
Puts: -42.67%
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 -54.20%
Calls: -49.13%
Puts: -75.85%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 1:15pm) 0.54
Prior (09/17) 0.68
Current vs Prior -20.27%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -55.72%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 1:15pm) 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% | 2.53%0.70% | 4.98%
Prior 1.11% | 2.75%1.11% | 5.01%
Current vs Prior -36.86% | -8.14%-36.85% | -0.55%
Prior 7-Day Avg 2.12% | 3.60%2.64% | 6.28%
Current vs 7-Day Avg -66.85% | -29.84%-73.43% | -20.73%
Prior 7-Day Eod 1.11% | 2.75%1.11% | 5.01%
Current vs 7-Day Eod -36.86% | -8.14%-36.85% | -0.55%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 39.75% | 15.78%
Calls: 47.22% | 10.55%
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% | -68.38%
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% | -64.72%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($11.73M) vs puts ($1.30M). Bullish P/C ratio of 0.54. P/C ratio dropping 20% - sentiment shifting bullish. 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
13:15BULLISHBULLISHBULLISH
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 6.2%, best 1.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1832.8033.20$33.001.2%661.002.7K
$151.00Sep 1836.7037.20$36.951.4%231.00341
$152.50Sep 1835.1035.70$35.401.7%21.00639
$160.00Oct 1628.3028.95$28.632.3%--0.9526
$165.00Oct 1623.4524.00$23.732.3%--0.9314
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 $0.64, cheapest $0.44)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Sep 250.410.48$0.4415.9%280.1727
$192.00Sep 250.520.58$0.5510.9%240.20404
$200.00Oct 160.660.75$0.7112.7%1350.141.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.50Sep 250.530.60$0.5612.5%720.18213
$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 1836.7037.20$36.951.4%231.00341
$152.50Sep 1835.1035.70$35.401.7%21.00639
$154.00Sep 1833.3534.20$33.782.5%261.00143
$155.00Sep 1832.8033.20$33.001.2%661.002.7K
$156.00Sep 1831.4032.40$31.903.1%1391.00155
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1811.2012.45$11.8310.6%40.9912
$195.00Sep 186.807.25$7.036.4%40.995
$192.50Sep 184.205.00$4.6017.4%--0.99121
$200.00Sep 2511.6512.65$12.158.2%120.997
$191.00Sep 182.813.30$3.0616.0%--0.9845

Most actively traded options today. High liquidity = easy entry/exit. 248 active (total vol 11.5K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Oct 161.591.79$1.6911.8%1.3K0.27574
$190.00Sep 250.931.17$1.0522.9%1.2K0.33369
$192.00Oct 162.542.95$2.7514.9%6840.371.1K
$157.50Sep 1829.8031.60$30.705.9%4011.001.2K
$177.50Sep 1810.0510.70$10.386.3%3371.00482
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
$186.00Oct 163.403.75$3.589.8%1350.42282

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 31.8%, max 49.8%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Sep 18Oct 2333.0%22.1%49.8%31826
$188.00Sep 18Oct 3028.2%21.5%31.4%45417
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Sep 18Oct 3033.0%22.1%49.2%18705
$188.00Sep 18Oct 1628.2%20.1%40.5%177188
$187.00Sep 18Oct 3026.6%22.4%18.6%161746
$192.00Oct 9Oct 1621.8%21.6%1.3%1107

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 179 found (best R:R 0.54, avg 4.42)

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
$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
$198.00$199.00Oct 30$0.16$0.84$0.1626%5.25$198.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$188.00Oct 9$2.08$1.92$2.0865%0.92$189.92
$190.00$189.00Sep 25$0.39$0.61$0.3967%1.56$189.61
$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
$186.00$185.00Oct 30$0.22$0.78$0.2242%3.55$185.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 145 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$0.97$0.97$1.5388%0.63$213.47
$202.50$205.00Sep 18$0.77$0.77$1.7387%0.45$203.27
$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 $1.41, cheapest $1.60)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 18Sep 25$1.6033.0%19.4%
$188.00Sep 18Sep 25$1.6328.2%20.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 18Sep 25$1.6333.0%19.4%
$188.00Sep 18Sep 25$1.6328.2%20.1%
$192.00Oct 9Oct 16$0.5521.8%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$1.15$0.08$1.23$185.77$188.230.65%
$186.00Sep 18$1.96$0.04$2.00$184.00$188.001.06%
$190.00Sep 18$0.02$2.06$2.08$187.92$192.081.11%
$185.00Sep 18$2.95$0.02$2.97$182.03$187.971.58%
$191.00Sep 18$0.01$3.06$3.07$187.93$194.071.63%
$184.00Sep 18$3.83$0.06$3.89$180.11$187.892.07%
$188.00Sep 25$1.99$2.09$4.08$183.92$192.082.17%

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$0.78$0.04$0.82$185.18$203.32
$202.50$187.00Sep 18$0.78$0.08$0.86$186.14$203.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 281 found (best R:R 0.82, avg credit $0.45)

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
182/183197/198Oct 9$0.63$0.3751%1.70$182.37$197.63
164/165199/200Sep 25$0.21$0.7993%0.27$164.79$199.21
164/165197/198Sep 25$0.21$0.7991%0.27$164.79$197.21
169/170195/196Oct 23$0.55$0.4557%1.22$169.45$195.55
174/175195/196Oct 2$0.39$0.6172%0.64$174.61$195.39
178/179197/198Oct 9$0.49$0.5161%0.96$178.51$197.49
177/178196/197Oct 16$0.53$0.4756%1.13$177.47$196.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 91 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$0.7446%2.85
$183.00$184.00$185.00Sep 25$0.05$0.9512%19.00
$190.00$191.00$192.00Sep 25$0.06$0.9413%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.08$4.925%61.50
$184.00$185.00$186.00Sep 25$0.06$0.9411%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
$184.00$185.00$186.00Oct 16$0.06$0.946%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. 160 found (best net $-3.13, 140 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$187.001:2Sep 18-$0.34$0.66
$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-$0.09$0.41
$187.50$188.001:2Sep 18-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Oct 16-$3.13$6.87
$196.00$191.001:2Sep 25-$0.10$4.90
$200.00$195.001:2Sep 18-$2.23$2.77
$192.00$188.001:2Oct 9-$1.77$2.23
$195.00$192.501:2Sep 18-$2.17$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 2.58%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 30$4.850.471.0%2.58%3.59%157
$189.00Oct 30$5.200.490.5%2.76%3.24%--51
$191.00Oct 30$4.250.441.5%2.26%3.80%244
$192.00Oct 30$3.850.422.1%2.05%4.12%43
$193.00Oct 30$3.400.392.6%1.81%4.41%221
$194.00Oct 30$3.000.363.1%1.59%4.73%--26
$195.00Oct 30$2.670.343.7%1.42%5.09%226
$190.00Oct 23$4.100.461.0%2.18%3.19%--31
$196.00Oct 30$2.360.314.2%1.25%5.45%212
$192.00Oct 23$3.200.402.1%1.70%3.77%--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 9,408
Total Puts 5,101
Put/Call Ratio 0.54
Net Difference 4,307

Prior's Put/Call Breakdown

Total Calls 9,601
Total Puts 6,529
Put/Call Ratio 0.68
Net Difference 3,072

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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