Tour v528
XLK
State StreetTechSelSectSPDRETF
$188.50 +0.23%
9/18 15:00

Option Volume

Detail
Current (09/18 3:00pm) 22,002
Calls: 15,017 (68%)
Puts: 6,985 (32%)
Prior (09/17) 24,096
Calls: 14,227 (59%)
Puts: 9,869 (41%)
Current vs Prior -8.69%
Calls: +5.55% (Calls)
Puts: -29.22% (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 -20.42%
Calls: +19.04%
Puts: -53.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 3:00pm) $24.35M
Calls: $22.78M (94%)
Puts: $1.57M (6%)
Prior (09/17) $34.41M
Calls: $30.23M (88%)
Puts: $4.18M (12%)
Current vs Prior -29.23%
Calls: -24.65%
Puts: -62.39%
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 -14.43%
Calls: -1.21%
Puts: -70.88%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 3:00pm) 0.47
Prior (09/17) 0.69
Current vs Prior -32.95%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -62.01%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 3:00pm) 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 0.75% | 2.39%0.75% | 4.99%
Prior 1.11% | 2.75%1.11% | 5.01%
Current vs Prior -32.69% | -12.97%-32.69% | -0.45%
Prior 7-Day Avg 2.12% | 3.60%2.64% | 6.28%
Current vs 7-Day Avg -64.67% | -33.52%-71.68% | -20.64%
Prior 7-Day Eod 1.11% | 2.75%1.11% | 5.01%
Current vs 7-Day Eod -32.69% | -12.97%-32.69% | -0.45%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 70.13% | 15.93%
Calls: 76.27% | 14.03%
Puts: 64.00% | 17.83%
Prior 92.87% | 49.91%
Calls: 77.98% | 63.98%
Puts: 107.75% | 35.84%
Current vs Prior -24.49% | -68.08%
Prior 7-Day Avg 62.70% | 44.73%
Calls: 63.99% | 41.66%
Puts: 61.41% | 47.80%
Current vs 7-Day Avg +11.84% | -64.39%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($22.78M) vs puts ($1.57M). Extreme bullish P/C ratio of 0.47 - heavy call buying (15,017 calls vs 6,985 puts). P/C ratio dropping 33% - 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
15:00BULLISHBULLISHBULLISH
14:55BULLISHBULLISHBULLISH
14:50BULLISHBULLISHBULLISH
14:45BULLISHBULLISHBULLISH
14:40BULLISHBULLISHBULLISH
14:35BULLISHBULLISHBULLISH
14:30BULLISHBULLISHBULLISH
14:25BULLISHBULLISHBULLISH
14:20BULLISHBULLISHBULLISH
14:15BULLISHBULLISHBULLISH
14:10BULLISHBULLISHBULLISH
14:00BULLISHBULLISHBULLISH
13:55BULLISHBULLISHBULLISH
13:50BULLISHBULLISHBULLISH
13:45BULLISHBULLISHBULLISH
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
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12:00BULLISHBULLISHBULLISH
11:55BULLISHBULLISHBULLISH
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11:05BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
10:55BULLISHBULLISHBULLISH
10:50BULLISHBULLISHBULLISH
10:45BULLISHBULLISHBULLISH
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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 86 of results (avg 6.5%, best 2.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$154.00Sep 1833.9534.75$34.352.3%331.00143
$165.00Oct 923.5024.20$23.852.9%10.95--
$155.00Sep 1833.0034.00$33.503.0%2001.002.7K
$165.00Sep 1823.0523.80$23.433.2%231.001.8K
$152.50Sep 1835.1036.25$35.673.2%191.00639
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$188.00Oct 164.004.15$4.083.7%250.4858
$187.00Oct 163.603.75$3.684.1%550.44194
$189.00Oct 164.404.60$4.504.4%330.51458
$186.00Oct 163.253.40$3.334.5%1560.41282
$185.00Oct 162.953.10$3.035.0%1380.374.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.76, cheapest $0.72)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Oct 20.670.76$0.7212.5%90.18683
$200.00Oct 160.710.82$0.7614.5%1640.141.6K
$199.00Oct 160.890.99$0.9410.6%1150.17608
$205.00Oct 300.700.84$0.7718.2%40.126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Oct 20.830.97$0.9015.6%220.18331
$170.00Oct 160.650.71$0.688.8%1590.091.5K
$171.00Oct 160.680.78$0.7313.7%50.10750
$165.00Oct 160.420.45$0.446.8%740.065.1K
$169.00Oct 230.810.92$0.8712.6%--0.1074

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 131 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 2518.0018.75$18.384.1%--1.0012
$174.00Sep 2513.7514.75$14.257.0%--1.0015
$175.00Sep 2512.5013.70$13.109.2%11.00103
$176.00Sep 2511.9512.75$12.356.5%--1.00140
$160.00Oct 1628.4029.35$28.883.3%--1.0026
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 180.340.98$0.6697.0%251.0022
$190.00Sep 181.391.90$1.6530.9%521.004.2K
$191.00Sep 182.302.98$2.6425.8%--1.0045
$192.50Sep 183.654.50$4.0820.8%--1.00121
$195.00Sep 186.257.00$6.6311.3%51.005

Most actively traded options today. High liquidity = easy entry/exit. 296 active (total vol 16.1K, top 2.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Oct 161.781.91$1.857.0%2.3K0.28574
$190.00Sep 251.151.33$1.2414.5%1.3K0.36369
$192.00Oct 162.743.05$2.9010.7%7500.381.1K
$190.00Oct 163.703.95$3.836.5%4330.451.8K
$157.50Sep 1830.3031.50$30.903.9%4231.001.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 252.092.50$2.3017.8%1.2K0.5621
$175.00Oct 161.061.12$1.095.5%5220.152.5K
$187.50Sep 180.010.05$0.03133.3%2060.08689
$188.00Sep 180.040.16$0.10120.0%1720.22130
$187.00Sep 180.010.06$0.03166.7%1620.07733

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 48.4%, max 70.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$188.00Sep 18Oct 3036.1%21.5%67.9%102417
$189.00Sep 18Oct 3022.9%21.5%6.4%119315
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$188.00Sep 18Oct 2336.1%21.1%70.9%174131

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 189 found (best R:R 1.33, avg 4.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$176.00$177.00Sep 18$0.43$0.57$0.43100%1.33$176.43
$182.00$182.50Sep 18$0.22$0.28$0.22100%1.27$182.22
$179.00$180.00Oct 16$0.57$0.43$0.5778%0.75$179.57
$172.50$173.00Sep 18$0.30$0.20$0.30100%0.67$172.80
$182.50$183.00Sep 25$0.25$0.25$0.2586%1.00$182.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$185.00$183.00Oct 9$0.37$1.63$0.3736%4.41$184.63
$192.00$188.00Oct 9$2.03$1.97$2.0365%0.97$189.97
$186.00$185.00Oct 23$0.17$0.83$0.1742%4.88$185.83
$165.00$160.00Oct 23$0.11$4.89$0.118%44.45$164.89
$187.00$186.00Oct 9$0.24$0.76$0.2444%3.17$186.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 149 found (best R:R 0.27, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$220.00$225.00Sep 18$1.06$1.06$3.9489%0.27$221.06
$212.50$215.00Sep 18$1.04$1.04$1.4688%0.71$213.54
$202.50$205.00Sep 18$0.19$0.19$2.3194%0.08$202.69
$193.00$195.00Oct 23$0.83$0.83$1.1763%0.71$193.83
$190.00$191.00Oct 9$0.53$0.53$0.4756%1.13$190.53
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$187.50$187.00Oct 2$0.35$0.35$0.1554%2.33$187.15
$183.00$182.50Oct 9$0.27$0.27$0.2370%1.17$182.73
$187.50$187.00Oct 9$0.33$0.33$0.1753%1.94$187.17
$177.50$177.00Oct 2$0.16$0.16$0.3486%0.47$177.34
$186.00$185.00Oct 9$0.48$0.48$0.5259%0.92$185.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.60, cheapest $0.60)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$192.00Oct 2Oct 9$0.6020.1%21.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 0.39% of stock, avg 5.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$189.00Sep 18$0.08$0.66$0.74$188.26$189.740.39%
$188.00Sep 18$0.75$0.10$0.85$187.15$188.850.45%
$187.50Sep 18$1.08$0.03$1.11$186.39$188.610.59%
$187.00Sep 18$1.57$0.03$1.60$185.40$188.600.85%
$190.00Sep 18$0.02$1.65$1.67$188.33$191.670.89%
$186.00Sep 18$2.42$0.03$2.45$183.55$188.451.30%
$191.00Sep 18$0.01$2.64$2.65$188.35$193.651.41%
$185.00Sep 18$3.50$0.02$3.52$181.48$188.521.87%
$189.00Sep 25$1.73$2.30$4.03$184.97$193.032.14%
$192.50Sep 18$0.01$4.08$4.09$188.41$196.592.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.03% of stock, avg 2.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$190.00$187.00Sep 18$0.02$0.03$0.05$186.95$190.05
$190.00$187.50Sep 18$0.02$0.03$0.05$187.45$190.05
$190.00$188.00Sep 18$0.02$0.10$0.12$187.88$190.12
$189.00$187.50Sep 18$0.08$0.03$0.11$187.39$189.11
$189.00$187.00Sep 18$0.08$0.03$0.11$186.89$189.11
$189.00$188.00Sep 18$0.08$0.10$0.18$187.82$189.18
$220.00$187.50Sep 18$1.07$0.03$1.10$186.40$221.10
$217.50$187.50Sep 18$1.07$0.03$1.10$186.40$218.60
$220.00$187.00Sep 18$1.07$0.03$1.10$185.90$221.10
$217.50$187.00Sep 18$1.07$0.03$1.10$185.90$218.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 278 found (best R:R 0.27, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
164/165199/200Sep 25$0.21$0.7992%0.27$164.79$199.21
164/165197/198Sep 25$0.21$0.7991%0.27$164.79$197.21
177/178192/192Oct 2$0.33$0.1755%1.94$177.17$192.33
177/178192/193Oct 2$0.31$0.1958%1.63$177.19$192.81
171/172197/198Oct 16$0.43$0.5766%0.75$171.57$197.43
177/178195/196Oct 2$0.39$0.6168%0.64$177.11$195.39
180/181195/196Oct 2$0.46$0.5461%0.85$180.54$195.46
164/165192/193Sep 25$0.29$0.7177%0.41$164.71$192.79
164/165194/195Sep 25$0.20$0.8086%0.25$164.80$194.20
184/185195/196Oct 2$0.58$0.4247%1.38$184.42$195.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 1.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$205.00$210.00$215.00Oct 16$0.10$4.906%49.00
$200.00$205.00$210.00Oct 16$0.29$4.7112%16.24
$190.00$191.00$192.00Oct 2$0.05$0.9511%19.00
$185.00$186.00$187.00Sep 25$0.07$0.9313%13.29
$202.50$205.00$207.50Oct 30$0.10$2.408%24.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$188.00$189.00$190.00Sep 18$0.43$0.5778%1.33
$160.00$165.00$170.00Oct 30$0.10$4.906%49.00
$155.00$160.00$165.00Oct 30$0.09$4.914%54.56
$188.00$189.00$190.00Oct 16$0.05$0.957%19.00
$190.00$191.00$192.00Oct 16$0.06$0.947%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. 161 found (best net $-2.20, 138 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$187.001:2Sep 18-$0.72$0.28
$210.00$225.001:2Oct 2-$0.09$14.91
$205.00$210.001:2Oct 2-$0.10$4.90
$200.00$202.501:2Oct 9-$0.16$2.34
$187.50$188.001:2Sep 18-$0.42$0.08
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Oct 16-$2.20$7.80
$200.00$195.001:2Sep 18-$1.58$3.42
$195.00$192.501:2Sep 18-$1.53$0.97
$192.00$188.001:2Oct 9-$1.67$2.33
$191.00$190.001:2Sep 18-$0.66$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 74 found (best yield 2.57%, avg 0.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 30$4.850.470.8%2.57%3.37%157
$189.00Oct 30$5.300.490.3%2.81%3.08%--51
$191.00Oct 30$4.300.441.3%2.28%3.61%244
$193.00Oct 30$3.550.392.4%1.88%4.27%221
$192.00Oct 30$3.850.411.9%2.04%3.90%43
$194.00Oct 30$3.250.362.9%1.72%4.64%126
$195.00Oct 30$2.900.343.5%1.54%4.99%426
$190.00Oct 23$4.150.460.8%2.20%3.00%--31
$196.00Oct 30$2.490.314.0%1.32%5.30%412
$197.00Oct 30$2.330.294.5%1.24%5.75%511

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 15,017
Total Puts 6,985
Put/Call Ratio 0.47
Net Difference 8,032

Prior's Put/Call Breakdown

Total Calls 14,227
Total Puts 9,869
Put/Call Ratio 0.69
Net Difference 4,358

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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