Tour v528
XLK
State StreetTechSelSectSPDRETF
$194.79 +2.86%
9/21 15:35

Option Volume

Detail
Current (09/21 3:35pm) 36,498
Calls: 19,594 (54%)
Puts: 16,904 (46%)
Prior (09/18) 23,792
Calls: 16,427 (69%)
Puts: 7,365 (31%)
Current vs Prior +53.40%
Calls: +19.28% (Calls)
Puts: +129.52% (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 +32.01%
Calls: +55.32%
Puts: +12.46%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/21 3:35pm) $14.90M
Calls: $12.18M (82%)
Puts: $2.72M (18%)
Prior (09/18) $25.01M
Calls: $23.36M (93%)
Puts: $1.65M (7%)
Current vs Prior -40.42%
Calls: -47.85%
Puts: +64.88%
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 -47.64%
Calls: -47.17%
Puts: -49.64%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/21 3:35pm) 0.86
Prior (09/18) 0.45
Current vs Prior +92.42%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -29.54%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/21 3:35pm) 657,948
Calls: 240,609 (37%)
Puts: 417,339 (63%)
Prior (09/18) 840,214
Calls: 294,433 (35%)
Puts: 545,781 (65%)
Current vs Prior -21.69%
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 -17.11%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 2.12% | 3.39%5.03% | 8.04%
Prior 1.11% | 2.75%1.11% | 5.01%
Current vs Prior +90.78% | +23.25%+352.72% | +60.50%
Prior 7-Day Avg 2.12% | 3.60%2.64% | 6.28%
Current vs 7-Day Avg +0.14% | -5.86%+90.47% | +27.94%
Prior 7-Day Eod 1.11% | 2.75%1.33% | 4.96%
Current vs 7-Day Eod +90.78% | +23.25%+278.53% | +61.98%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 8.60% | 7.95%
Calls: 12.39% | 5.56%
Puts: 4.81% | 10.33%
Prior 92.87% | 49.91%
Calls: 77.98% | 63.98%
Puts: 107.75% | 35.84%
Current vs Prior -90.74% | -84.07%
Prior 7-Day Avg 62.70% | 44.73%
Calls: 63.99% | 41.66%
Puts: 61.41% | 47.80%
Current vs 7-Day Avg -86.28% | -82.23%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($12.18M) vs puts ($2.72M). Above-average activity with volume up 53% vs prior. P/C ratio rising 92% - increased hedging/bearish positioning. Put-heavy open interest (417,339 puts vs 240,609 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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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
16:20BULLISHBULLISHBULLISH
16:15BULLISHBULLISHBULLISH
16:10BULLISHBULLISHBULLISH
16:05BULLISHBULLISHBULLISH
16:00BULLISHBULLISHBULLISH
15:55BULLISHBULLISHBULLISH
15:50BULLISHBULLISHBULLISH
15:45BULLISHBULLISHBULLISH
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15:35BULLISHBULLISHBULLISH
15:30BULLISHBULLISHBULLISH
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15:15BULLISHBULLISHBULLISH
15:05BULLISHBULLISHBULLISH
15:00BULLISHBULLISHBULLISH
14:55BULLISHBULLISHBULLISH
14:50BULLISHBULLISHBULLISH
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14:35BULLISHBULLISHBULLISH
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14:25BULLISHBULLISHBULLISH
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14:00BULLISHBULLISHBULLISH
13:55BULLISHBULLISHBULLISH
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12:55BULLISHBULLISHBULLISH
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12:00BULLISHBULLISHBULLISH
11:55BULLISHBULLISHBULLISH
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11:00BULLISHBULLISHBULLISH
10:55BULLISHBULLISHBULLISH
10:50BULLISHBULLISHBULLISH
10:45BULLISHBULLISHBULLISH
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10:35BULLISHBULLISHBULLISH
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10:25BULLISHBULLISHBULLISH
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10:15BULLISHBULLISHBULLISH
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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 94 of results (avg 6.5%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$164.00Sep 2530.2531.00$30.632.4%151.00--
$175.00Sep 2519.5020.00$19.752.5%--1.0075
$163.00Sep 2531.1532.00$31.582.7%291.00--
$160.00Oct 1634.5535.55$35.052.9%41.0030
$180.00Oct 215.0015.45$15.233.0%20.9412
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Sep 250.950.99$0.974.1%380.318
$195.00Oct 164.404.60$4.504.4%2420.5014
$210.00Oct 1615.2515.95$15.604.5%--0.9110
$200.00Oct 167.157.50$7.334.8%30.66164
$195.00Sep 251.821.91$1.874.8%2890.513

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 27 found (avg $0.61, cheapest $0.61)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$198.00Sep 250.570.65$0.6113.1%300.2454
$197.50Sep 250.700.80$0.7513.3%530.2811
$197.00Sep 250.840.96$0.9013.3%1000.3240
$210.00Oct 160.420.51$0.4719.1%5960.09183
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 250.330.40$0.3718.9%780.131.2K
$190.00Sep 250.470.52$0.5010.0%1.5K0.1719
$191.00Sep 250.620.72$0.6714.9%630.22130
$192.00Sep 250.830.91$0.879.2%740.2811
$192.50Sep 250.950.99$0.974.1%380.318

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 127 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.00Sep 2531.9533.05$32.503.4%491.00--
$162.50Sep 2531.5532.55$32.053.1%641.00--
$163.00Sep 2531.1532.00$31.582.7%291.00--
$164.00Sep 2530.2531.00$30.632.4%151.00--
$165.00Sep 2528.3030.25$29.286.7%101.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$207.50Oct 212.6014.15$13.3811.6%--0.9411
$205.00Oct 210.2011.10$10.658.5%--0.9210
$210.00Oct 1615.2515.95$15.604.5%--0.9110
$200.00Sep 255.206.35$5.7819.9%10.8814
$205.00Oct 1610.6012.30$11.4514.8%30.813

Most actively traded options today. High liquidity = easy entry/exit. 306 active (total vol 26.6K, top 4.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 162.482.62$2.555.5%4.6K0.341.6K
$195.00Oct 164.704.85$4.783.1%2.5K0.502.5K
$210.00Oct 160.420.51$0.4719.1%5960.09183
$195.00Oct 93.804.00$3.905.1%5180.49269
$195.00Sep 251.671.82$1.758.6%4730.49592
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 250.470.52$0.5010.0%1.5K0.1719
$193.00Oct 163.553.80$3.686.8%1.3K0.43556
$165.00Oct 160.250.31$0.2821.4%1.3K0.045.1K
$172.00Oct 230.610.71$0.6615.2%1.0K0.0818
$184.00Sep 250.090.13$0.1136.4%8950.04494

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 4.7%, max 7.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Sep 25Oct 3025.6%23.7%7.9%521.7K
$191.00Sep 25Oct 3025.1%23.6%6.2%54433
$192.00Sep 25Oct 3024.2%23.0%5.2%57470
$192.50Sep 25Oct 2323.4%22.8%2.7%3394
$195.00Sep 25Oct 3022.6%22.0%2.5%512621
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$190.00Sep 25Oct 3025.6%23.7%7.9%1.5K20
$191.00Sep 25Oct 3025.1%23.6%6.2%65130
$192.00Sep 25Oct 2324.2%23.1%4.5%7812
$192.50Sep 25Oct 3023.4%22.8%2.9%4010

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 155 found (best R:R 4.00, avg 3.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$181.00$182.00Oct 16$0.20$0.80$0.2086%4.00$181.20
$188.00$189.00Oct 9$0.18$0.82$0.1874%4.56$188.18
$184.00$185.00Oct 30$0.25$0.75$0.2576%3.00$184.25
$189.00$190.00Oct 2$0.37$0.63$0.3777%1.70$189.37
$189.00$190.00Oct 16$0.37$0.63$0.3769%1.70$189.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$188.00Oct 23$0.39$1.61$0.3935%4.13$189.61
$194.00$193.00Oct 30$0.28$0.72$0.2847%2.57$193.72
$185.00$183.00Oct 9$0.15$1.85$0.1518%12.33$184.85
$190.00$189.00Oct 16$0.17$0.83$0.1733%4.88$189.83
$192.50$191.00Oct 30$0.46$1.04$0.4643%2.26$192.04

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 5.67, avg 0.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$196.00$197.00Oct 30$0.85$0.85$0.1552%5.67$196.85
$200.00$202.50Oct 23$1.06$1.06$1.4464%0.74$201.06
$210.00$215.00Oct 16$0.38$0.38$4.6291%0.08$210.38
$196.00$197.00Oct 23$0.68$0.68$0.3252%2.12$196.68
$196.00$197.00Oct 2$0.61$0.61$0.3955%1.56$196.61
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$188.00$187.00Oct 23$0.45$0.45$0.5570%0.82$187.55
$187.00$185.00Oct 30$0.68$0.68$1.3270%0.52$186.32
$181.00$180.00Oct 30$0.32$0.32$0.6881%0.47$180.68
$187.50$187.00Oct 9$0.24$0.24$0.2675%0.92$187.26
$177.50$177.00Oct 2$0.13$0.13$0.3795%0.35$177.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $1.40, cheapest $1.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$195.00Sep 25Oct 2$1.3022.6%21.5%
$197.00Sep 25Oct 2$1.0421.8%21.3%
$193.00Sep 25Oct 2$1.1323.2%22.8%
$192.50Sep 25Oct 2$1.0523.4%23.4%
$196.00Sep 25Oct 2$1.2422.5%22.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$195.00Sep 25Oct 2$1.1322.6%21.5%
$193.00Sep 25Oct 2$1.1223.2%22.8%
$192.50Sep 25Oct 2$1.1523.4%23.4%
$194.00Sep 25Oct 2$1.2221.3%22.1%
$196.00Sep 25Oct 30$3.6922.5%24.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 97 found (cheapest 1.86% of stock, avg 5.57%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$194.00Sep 25$2.26$1.37$3.63$190.37$197.631.86%
$195.00Sep 25$1.75$1.87$3.62$191.38$198.621.86%
$196.00Sep 25$1.31$2.61$3.92$192.08$199.922.01%
$193.00Sep 25$2.97$1.13$4.10$188.90$197.102.10%
$192.50Sep 25$3.17$0.97$4.14$188.36$196.642.13%
$192.00Sep 25$3.75$0.87$4.62$187.38$196.622.37%
$191.00Sep 25$4.40$0.67$5.07$185.93$196.072.60%
$190.00Sep 25$5.33$0.50$5.83$184.17$195.832.99%
$200.00Sep 25$0.25$5.78$6.03$193.97$206.033.10%
$195.00Oct 2$3.05$3.00$6.05$188.95$201.053.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.66% of stock, avg 3.05%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$198.00$191.00Sep 25$0.61$0.67$1.28$189.72$199.28
$197.50$191.00Sep 25$0.75$0.67$1.42$189.58$198.92
$198.00$192.00Sep 25$0.61$0.87$1.48$190.52$199.48
$197.50$192.00Sep 25$0.75$0.87$1.62$190.38$199.12
$198.00$192.50Sep 25$0.61$0.97$1.58$190.92$199.58
$197.00$191.00Sep 25$0.90$0.67$1.57$189.43$198.57
$197.50$192.50Sep 25$0.75$0.97$1.72$190.78$199.22
$197.00$192.00Sep 25$0.90$0.87$1.77$190.23$198.77
$197.00$192.50Sep 25$0.90$0.97$1.87$190.63$198.87
$198.00$193.00Sep 25$0.61$1.13$1.74$191.26$199.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 182 found (best R:R 1.27, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
177/178198/199Oct 2$0.56$0.4461%1.27$176.94$198.56
181/182198/199Oct 2$0.55$0.4558%1.22$181.45$198.55
189/190198/199Oct 2$0.72$0.2839%2.57$189.28$198.72
185/186198/199Oct 2$0.59$0.4151%1.44$185.41$198.59
183/184198/199Oct 2$0.54$0.4655%1.17$183.46$198.54
176/177199/200Oct 9$0.49$0.5159%0.96$176.51$199.49
181/182199/200Oct 9$0.54$0.4654%1.17$181.46$199.54
187/188199/200Oct 9$0.63$0.3742%1.70$186.87$199.63
190/191198/199Oct 2$0.69$0.3135%2.23$190.31$198.69
186/187199/200Oct 9$0.60$0.4044%1.50$186.40$199.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 74 found (best R:R 3.76, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$202.50$205.00$207.50Oct 16$0.10$2.4012%24.00
$200.00$202.50$205.00Sep 25$0.09$2.4111%26.78
$200.00$202.50$205.00Oct 2$0.20$2.3017%11.50
$194.00$195.00$196.00Sep 25$0.07$0.9318%13.29
$194.00$195.00$196.00Oct 2$0.05$0.9510%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$200.00$205.00Oct 2$1.05$3.9542%3.76
$160.00$165.00$170.00Oct 30$0.05$4.955%99.00
$188.00$189.00$190.00Sep 25$0.05$0.957%19.00
$193.00$194.00$195.00Oct 2$0.07$0.9310%13.29
$178.00$179.00$180.00Oct 30$0.05$0.952%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 133 found (best net $-1.95, 123 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$200.00$202.501:2Oct 2-$0.02$2.48
$202.50$205.001:2Oct 9-$0.03$2.47
$205.00$207.501:2Oct 23-$0.38$2.12
$198.00$199.001:2Sep 25-$0.13$0.87
$207.50$210.001:2Oct 16-$0.20$2.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$200.001:2Oct 2-$1.95$3.05
$205.00$200.001:2Oct 16-$3.21$1.79
$165.00$160.001:2Oct 9-$0.03$4.97
$165.00$160.001:2Oct 30-$0.14$4.86
$165.00$160.001:2Oct 16-$0.08$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 3.08%, avg 1.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$195.00Oct 30$6.000.500.1%3.08%3.19%3929
$196.00Oct 30$5.400.480.6%2.77%3.39%312
$197.50Oct 30$4.750.441.4%2.44%3.83%321
$198.00Oct 30$4.150.431.6%2.13%3.78%434
$199.00Oct 30$3.800.402.2%1.95%4.11%412
$200.00Oct 30$3.450.382.7%1.77%4.45%3447
$195.00Oct 23$5.300.500.1%2.72%2.83%5129
$202.50Oct 30$2.770.324.0%1.42%5.38%1826
$197.00Oct 30$4.100.451.1%2.10%3.24%911
$196.00Oct 23$4.450.480.6%2.28%2.91%52

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 19,594
Total Puts 16,904
Put/Call Ratio 0.86
Net Difference 2,690

Prior's Put/Call Breakdown

Total Calls 16,427
Total Puts 7,365
Put/Call Ratio 0.45
Net Difference 9,062

Prior 7-Day Put/Call Summary

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