Tour v528
XLK
State StreetTechSelSectSPDRETF
$188.26 +0.11%
9/18 13:40

Option Volume

Detail
Current (09/18 1:40pm) 16,145
Calls: 10,794 (67%)
Puts: 5,351 (33%)
Prior (09/17) 16,929
Calls: 10,058 (59%)
Puts: 6,871 (41%)
Current vs Prior -4.63%
Calls: +7.32% (Calls)
Puts: -22.12% (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 -41.60%
Calls: -14.44%
Puts: -64.40%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 1:40pm) $17.27M
Calls: $15.95M (92%)
Puts: $1.32M (8%)
Prior (09/17) $24.17M
Calls: $21.83M (90%)
Puts: $2.34M (10%)
Current vs Prior -28.54%
Calls: -26.93%
Puts: -43.56%
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 -39.31%
Calls: -30.84%
Puts: -75.51%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 1:40pm) 0.50
Prior (09/17) 0.68
Current vs Prior -27.43%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -59.51%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 1:40pm) 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% | 2.45%0.70% | 5.10%
Prior 1.11% | 2.75%1.11% | 5.01%
Current vs Prior -37.39% | -10.73%-37.39% | +1.91%
Prior 7-Day Avg 2.12% | 3.60%2.64% | 6.28%
Current vs 7-Day Avg -67.13% | -31.81%-73.66% | -18.77%
Prior 7-Day Eod 1.11% | 2.75%1.11% | 5.01%
Current vs 7-Day Eod -37.39% | -10.73%-37.39% | +1.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 53.48% | 19.46%
Calls: 60.98% | 19.23%
Puts: 45.98% | 19.69%
Prior 92.87% | 49.91%
Calls: 77.98% | 63.98%
Puts: 107.75% | 35.84%
Current vs Prior -42.41% | -61.01%
Prior 7-Day Avg 62.70% | 44.73%
Calls: 63.99% | 41.66%
Puts: 61.41% | 47.80%
Current vs 7-Day Avg -14.71% | -56.50%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 92% of dollar volume in calls ($15.95M) vs puts ($1.32M). Extreme bullish P/C ratio of 0.50 - heavy call buying (10,794 calls vs 5,351 puts). P/C ratio dropping 27% - 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
13:40BULLISHBULLISHBULLISH
13:35BULLISHBULLISHBULLISH
13:30BULLISHBULLISHBULLISH
13:25BULLISHBULLISHBULLISH
13:20BULLISHBULLISHBULLISH
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 108 of results (avg 6.3%, best 1.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$154.00Sep 1833.9534.35$34.151.2%331.00143
$155.00Sep 1833.0033.40$33.201.2%2001.002.7K
$160.00Sep 1827.9528.35$28.151.4%1311.00621
$165.00Sep 1823.0023.35$23.181.5%221.001.8K
$151.00Sep 1836.7037.40$37.051.9%231.00341
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Oct 165.705.80$5.751.7%50.5911
$189.00Oct 164.604.75$4.683.2%330.52458
$188.00Oct 164.154.30$4.223.6%240.4858
$190.00Oct 165.055.25$5.153.9%90.55400
$183.00Oct 162.492.61$2.554.7%250.32947

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.61, cheapest $0.55)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 250.520.59$0.5512.7%240.21404
$191.00Sep 250.760.85$0.8111.1%160.27126
$199.00Oct 90.500.59$0.5416.7%10.129
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$178.00Sep 250.190.20$0.205.0%270.06608
$179.00Oct 20.740.87$0.8116.0%10.1666
$175.00Oct 20.450.54$0.5018.0%50.10210
$180.00Oct 20.841.01$0.9318.3%210.18331
$175.00Oct 90.800.89$0.8510.6%20.13203

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 126 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$151.00Sep 1836.7037.40$37.051.9%231.00341
$152.50Sep 1835.1035.85$35.482.1%191.00639
$154.00Sep 1833.9534.35$34.151.2%331.00143
$155.00Sep 1833.0033.40$33.201.2%2001.002.7K
$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 186.307.00$6.6510.5%50.995
$192.50Sep 183.754.50$4.1318.2%--0.99121
$200.00Sep 2511.6512.65$12.158.2%120.997
$191.00Sep 182.632.99$2.8112.8%--0.9845

Most actively traded options today. High liquidity = easy entry/exit. 260 active (total vol 12.4K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Oct 161.691.85$1.779.0%1.3K0.28574
$190.00Sep 251.001.19$1.1017.3%1.2K0.34369
$192.00Oct 162.822.93$2.883.8%7460.381.1K
$157.50Sep 1830.3030.90$30.602.0%4231.001.2K
$177.00Sep 1810.5011.65$11.0810.4%3381.0083
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 252.292.79$2.5419.7%1.2K0.5821
$175.00Oct 161.081.18$1.138.8%5160.152.5K
$187.00Sep 180.040.10$0.0785.7%1590.14733
$188.00Sep 180.160.66$0.41122.0%1580.49130
$186.00Oct 163.403.75$3.589.8%1350.41282

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 55.2%, max 57.6%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$188.00Sep 18Oct 3032.8%21.5%52.9%52417
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$188.00Sep 18Oct 2332.8%20.8%57.6%160131

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 181 found (best R:R 1.01, avg 4.32)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$182.00$182.50Sep 18$0.22$0.28$0.22100%1.27$182.22
$185.00$188.00Oct 30$1.42$1.58$1.4260%1.11$186.42
$182.50$183.00Sep 25$0.28$0.22$0.2885%0.79$182.78
$184.00$185.00Sep 25$0.62$0.38$0.6276%0.61$184.62
$187.50$188.00Sep 18$0.33$0.17$0.33100%0.52$187.83
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$188.00Oct 9$1.99$2.01$1.9965%1.01$190.01
$185.00$183.00Oct 9$0.44$1.56$0.4437%3.55$184.56
$179.00$177.00Oct 23$0.22$1.78$0.2224%8.09$178.78
$189.00$188.00Sep 18$0.46$0.54$0.4687%1.17$188.54
$188.00$186.00Oct 23$0.70$1.30$0.7049%1.86$187.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 142 found (best R:R 0.27, avg 0.42)

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$1.04$1.04$1.4688%0.71$213.54
$202.50$205.00Sep 18$0.88$0.88$1.6286%0.54$203.38
$189.00$190.00Oct 2$0.63$0.63$0.3755%1.70$189.63
$191.00$194.00Oct 9$1.11$1.11$1.8962%0.59$192.11
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
$188.00$187.50Sep 18$0.31$0.31$0.1951%1.63$187.69
$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

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $1.27, cheapest $1.55)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$188.00Sep 18Sep 25$1.6432.8%18.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$188.00Sep 18Sep 25$1.5532.8%18.6%
$192.00Oct 9Oct 16$0.6121.4%21.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 103 found (cheapest 0.45% of stock, avg 5.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$188.00Sep 18$0.44$0.41$0.85$187.15$188.850.45%
$187.50Sep 18$0.77$0.10$0.87$186.63$188.370.46%
$189.00Sep 18$0.06$0.87$0.93$188.07$189.930.49%
$187.00Sep 18$1.27$0.07$1.34$185.66$188.340.71%
$190.00Sep 18$0.01$1.81$1.82$188.18$191.820.97%
$186.00Sep 18$2.13$0.04$2.17$183.83$188.171.15%
$191.00Sep 18$0.01$2.81$2.82$188.18$193.821.50%
$185.00Sep 18$3.10$0.02$3.12$181.88$188.121.66%
$188.00Sep 25$2.08$1.96$4.04$183.96$192.042.15%
$189.00Sep 25$1.51$2.54$4.05$184.95$193.052.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.05% of stock, avg 2.79%)

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$0.07$0.13$186.87$189.13
$189.00$187.50Sep 18$0.06$0.10$0.16$187.34$189.16
$189.00$188.00Sep 18$0.06$0.41$0.47$187.53$189.47
$202.50$187.00Sep 18$0.89$0.07$0.96$186.04$203.46
$202.50$186.00Sep 18$0.89$0.04$0.93$185.07$203.43
$202.50$184.00Sep 18$0.89$0.06$0.95$183.05$203.45
$202.50$187.50Sep 18$0.89$0.10$0.99$186.51$203.49
$220.00$186.00Sep 18$1.07$0.04$1.11$184.89$221.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 262 found (best R:R 3.76, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181196/197Oct 30$0.79$0.2139%3.76$180.21$196.79
174/175197/198Oct 9$0.46$0.5468%0.85$174.54$197.46
182/183197/198Oct 9$0.63$0.3751%1.70$182.37$197.63
164/165199/200Sep 25$0.21$0.7992%0.27$164.79$199.21
169/170195/196Oct 23$0.55$0.4557%1.22$169.45$195.55
164/165197/198Sep 25$0.21$0.7991%0.27$164.79$197.21
169/170199/200Oct 23$0.44$0.5668%0.79$169.56$199.44
178/179197/198Oct 9$0.50$0.5061%1.00$178.50$197.50
179/180195/196Oct 23$0.68$0.3243%2.13$179.32$195.68
180/181195/196Oct 2$0.50$0.5060%1.00$180.50$195.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$205.00$210.00$215.00Oct 16$0.10$4.906%49.00
$188.00$189.00$190.00Sep 18$0.33$0.6754%2.03
$185.00$186.00$187.00Sep 25$0.08$0.9213%11.50
$173.00$175.00$177.00Oct 16$0.07$1.936%27.57
$187.00$187.50$188.00Sep 18$0.17$0.3344%1.94
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.06$4.946%82.33
$189.00$190.00$191.00Sep 18$0.06$0.9411%15.67
$187.00$188.00$189.00Oct 16$0.07$0.937%13.29
$189.00$190.00$191.00Sep 25$0.12$0.8815%7.33
$185.00$186.00$187.00Oct 2$0.09$0.919%10.11

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 $-2.77, 138 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$187.001:2Sep 18-$0.41$0.59
$191.00$194.001:2Oct 9-$0.32$2.68
$200.00$205.001:2Oct 23-$0.03$4.97
$187.00$187.501:2Sep 18-$0.27$0.23
$187.50$188.001:2Sep 18-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Oct 16-$2.77$7.23
$200.00$195.001:2Sep 18-$1.47$3.53
$195.00$192.501:2Sep 18-$1.61$0.89
$192.00$188.001:2Oct 9-$1.84$2.16
$200.00$196.001:2Sep 25-$3.65$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 2.58%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 30$4.850.470.9%2.58%3.50%157
$189.00Oct 30$5.200.490.4%2.76%3.16%--51
$191.00Oct 30$4.250.441.5%2.26%3.71%244
$193.00Oct 30$3.550.392.5%1.89%4.40%221
$192.00Oct 30$3.850.412.0%2.05%4.03%43
$194.00Oct 30$3.000.363.0%1.59%4.64%--26
$195.00Oct 30$2.670.343.6%1.42%5.00%226
$190.00Oct 23$4.100.450.9%2.18%3.10%--31
$196.00Oct 30$2.360.314.1%1.25%5.36%212
$192.00Oct 23$3.250.392.0%1.73%3.71%--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 10,794
Total Puts 5,351
Put/Call Ratio 0.50
Net Difference 5,443

Prior's Put/Call Breakdown

Total Calls 10,058
Total Puts 6,871
Put/Call Ratio 0.68
Net Difference 3,187

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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