Tour v452
XLP
State StreetCnsmrStpSelSectSPDRETF
$87.06 +1.99%
$87.43 (+0.42%)🌙
as of 07/28 06:12 PM
7/28 18:12

Option Volume

Detail
Current (07/28) 105,468
Calls: 17,078 (16%)
Puts: 88,390 (84%)
Prior (07/27) 19,999
Calls: 14,363 (72%)
Puts: 5,636 (28%)
Current vs Prior +427.37%
Calls: +18.90% (Calls)
Puts: +1468.31% (Puts)
Prior 7-Day Total 171,621
Calls: 69,164 (40%)
Puts: 102,457 (60%)
Prior 7-Day Average 24,517
Calls: 9,880 (40%)
Puts: 14,636 (60%)
Current vs Prior 7-Day Avg +330.18%
Calls: +72.84%
Puts: +503.89%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28) $19.28M
Calls: $4.07M (21%)
Puts: $15.21M (79%)
Prior (07/27) $2.91M
Calls: $2.09M (72%)
Puts: $819.2K (28%)
Current vs Prior +562.05%
Calls: +94.41%
Puts: +1757.25%
Prior 7-Day Total $21.90M
Calls: $10.24M (47%)
Puts: $11.66M (53%)
Prior 7-Day Average $3.13M
Calls: $1.46M (47%)
Puts: $1.67M (53%)
Current vs Prior 7-Day Avg +516.33%
Calls: +178.29%
Puts: +813.05%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28) 5.18
Prior (07/27) 0.39
Current vs Prior +1218.99%
Prior 7-Day Average 1.53
Current vs Prior 7-Day Avg +237.30%
Sentiment BEARISH

Open Interest

Detail
Current (07/28) 246,350
Calls: 73,092 (30%)
Puts: 173,258 (70%)
Prior (07/27) 401,055
Calls: 87,461 (22%)
Puts: 313,594 (78%)
Current vs Prior -38.57%
Prior 7-Day Total 2,398,479
Calls: 580,205 (24%)
Puts: 1,818,274 (76%)
Prior 7-Day Average 342,639
Calls: 82,886 (24%)
Puts: 259,753 (76%)
Current vs Prior 7-Day Avg -28.10%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 3.65% | 4.40%5.08% | 6.26%
Prior 1.83% | 2.69%3.17% | 5.04%
Current vs Prior +99.87% | +63.27%+59.92% | +24.27%
Prior 7-Day Avg 2.38% | 3.05%4.69% | 5.88%
Current vs 7-Day Avg +53.18% | +44.43%+8.36% | +6.39%
Prior 7-Day Eod 1.83% | 2.69%3.17% | 5.04%
Current vs 7-Day Eod +99.87% | +63.27%+59.92% | +24.27%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 11.30% | 8.75%
Calls: 8.97% | 5.00%
Puts: 13.64% | 12.50%
Prior 11.94% | 7.02%
Calls: 8.60% | 6.11%
Puts: 15.28% | 7.92%
Current vs Prior -5.36% | +24.64%
Prior 7-Day Avg 100.59% | 22.87%
Calls: 102.11% | 15.24%
Puts: 18.03% | 30.51%
Current vs 7-Day Avg -88.77% | -61.75%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 79% of dollar volume in puts ($15.21M) vs calls ($4.07M). Massive premium surge with dollar volume up 562% vs prior. Dollar volume significantly above 7-day average (516% higher). Unusually high activity with volume up 427% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 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 -- of results (avg --%, best --%)

No options available for this category

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 99 found (avg delta 0.69, highest 1.02)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Jul 3111.1015.50$13.3033.1%41.0218
$75.00Jul 3110.1514.50$12.3335.3%11.0218
$76.00Jul 318.7513.40$11.0842.0%621.022
$77.00Jul 318.1512.40$10.2841.3%621.02--
$79.00Jul 315.7510.50$8.1358.4%11.02--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 70.504.35$2.42159.1%121.00--
$90.00Aug 70.915.50$3.21143.0%10.94--
$95.00Aug 146.2510.50$8.3850.7%10.84--
$89.50Aug 141.005.00$3.00133.3%260.7637
$92.00Sep 43.057.45$5.2583.8%30.76--

Most actively traded options today. High liquidity = easy entry/exit. 232 active (total vol 47.5K, top 8.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 310.002.79$1.40199.3%1.6K0.53290
$88.00Aug 210.162.97$1.57179.0%1.5K0.432.3K
$89.00Aug 210.002.88$1.44200.0%9660.371.2K
$90.50Aug 210.001.96$0.98200.0%8240.282
$88.00Jul 310.054.95$2.50196.0%6500.58285
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.50Jul 310.004.80$2.40200.0%8.1K0.40500
$85.50Jul 310.000.25$0.13192.3%5.4K0.12186
$83.50Jul 310.004.80$2.40200.0%4.0K0.31448
$88.00Jul 310.805.00$2.90144.8%3.8K0.482
$85.00Aug 210.501.09$0.8073.8%3.0K0.315.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 39 strikes (avg 195.3%, max 1080.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$83.50Jul 31Sep 4150.6%12.8%1080.3%611
$84.50Jul 31Sep 4103.6%20.6%401.8%20834
$86.50Jul 31Sep 4110.2%22.3%393.1%299132
$88.00Jul 31Aug 28103.4%21.9%372.8%656300
$86.00Jul 31Sep 483.5%20.2%314.1%291732
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$86.50Jul 31Aug 21110.2%17.9%515.8%8.5K571
$83.50Jul 31Aug 28150.6%31.8%373.5%4.0K448
$84.50Jul 31Aug 28103.6%25.6%304.0%157840
$88.00Jul 31Sep 4103.4%26.4%290.9%3.8K2
$89.00Jul 31Sep 480.8%22.7%256.7%1.3K--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 10.11, avg 2.67)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$95.00$100.00Jul 31$0.74$4.26$0.745.76$95.74
$91.00$92.00Aug 7$0.15$0.85$0.155.67$91.15
$90.00$91.00Aug 14$0.15$0.85$0.155.67$90.15
$88.50$89.00Aug 28$0.10$0.40$0.104.00$88.60
$92.00$93.00Aug 28$0.20$0.80$0.204.00$92.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$87.00$85.00Sep 4$0.18$1.82$0.1810.11$86.82
$84.00$83.50Aug 7$0.12$0.38$0.123.17$83.88
$89.00$88.50Sep 4$0.12$0.38$0.123.17$88.88
$84.50$84.00Aug 14$0.13$0.37$0.132.85$84.37
$90.00$89.50Aug 14$0.13$0.37$0.132.85$89.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 13.29, avg 2.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$79.50$82.50Jul 31$2.79$2.79$0.2113.29$82.29
$83.50$84.50Sep 4$0.90$0.90$0.109.00$84.40
$81.00$82.50Sep 4$1.27$1.27$0.235.52$82.27
$76.00$77.00Jul 31$0.80$0.80$0.204.00$76.80
$86.50$87.00Aug 7$0.40$0.40$0.104.00$86.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$92.00$90.50Aug 21$1.39$1.39$0.1112.64$90.61
$91.00$90.00Aug 14$0.89$0.89$0.118.09$90.11
$85.00$83.00Sep 4$1.58$1.58$0.423.76$83.42
$87.50$87.00Jul 31$0.39$0.39$0.113.55$87.11
$83.50$83.00Aug 7$0.39$0.39$0.113.55$83.11

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 30 found (avg debit $0.76, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$90.50Jul 31Aug 7$0.1615.3%16.0%
$86.50Jul 31Aug 7$0.27110.2%57.8%
$90.00Jul 31Aug 7$0.2927.7%24.7%
$82.50Jul 31Aug 28$0.5282.2%46.5%
$92.00Jul 31Aug 7$0.5617.4%31.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$82.00Jul 31Aug 7$0.0839.2%27.8%
$76.00Aug 7Aug 21$0.0972.5%45.1%
$86.50Jul 31Aug 7$0.10110.2%57.8%
$77.00Aug 7Aug 21$0.1068.3%42.4%
$83.00Jul 31Aug 7$0.1144.1%28.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 75 found (cheapest 3.08% of stock, avg 5.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.00Jul 31$2.10$0.58$2.68$82.32$87.683.08%
$85.50Jul 31$2.56$0.13$2.69$82.81$88.193.09%
$87.00Jul 31$2.40$0.39$2.79$84.21$89.793.20%
$89.00Aug 7$0.59$2.42$3.01$85.99$92.013.46%
$87.50Jul 31$2.38$0.78$3.16$84.34$90.663.63%
$87.00Aug 7$2.00$1.26$3.26$83.74$90.263.74%
$86.00Aug 14$2.05$1.31$3.36$82.64$89.363.86%
$89.00Aug 14$1.07$2.33$3.40$85.60$92.403.91%
$86.00Jul 31$2.03$1.44$3.47$82.53$89.473.99%
$89.50Aug 14$0.50$3.00$3.50$86.00$93.004.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.48% of stock, avg 3.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$91.00$87.00Jul 31$0.03$0.39$0.42$86.58$91.42
$90.50$87.00Jul 31$0.08$0.39$0.47$86.53$90.97
$89.50$87.00Jul 31$0.47$0.39$0.86$86.14$90.36
$90.00$87.00Jul 31$0.50$0.39$0.89$86.11$90.89
$95.00$87.00Jul 31$0.75$0.39$1.14$85.86$96.14
$91.00$86.00Jul 31$0.03$1.44$1.47$84.53$92.47
$90.50$86.00Jul 31$0.08$1.44$1.52$84.48$92.02
$92.00$87.00Aug 7$0.57$1.26$1.83$85.17$93.83
$89.00$87.00Aug 7$0.59$1.26$1.85$85.15$90.85
$89.50$86.00Jul 31$0.47$1.44$1.91$84.09$91.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 27 found (best R:R 10.76, avg credit $0.69)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
83/8588/89Sep 4$1.83$0.1710.76$83.17$90.33
80/8190/90Aug 7$0.85$0.155.67$80.15$90.85
88/8890/91Aug 14$0.85$0.155.67$87.65$90.85
89/9090/91Aug 14$0.82$0.184.56$88.68$90.82
88/8891/92Aug 7$0.80$0.204.00$87.20$91.80
82/8385/86Aug 28$1.15$0.353.29$81.85$86.15
84/8488/89Aug 14$0.38$0.123.17$84.12$88.88
87/8891/92Aug 7$0.72$0.282.57$86.78$91.72
85/8790/91Sep 4$1.44$0.562.57$85.56$91.44
80/8184/84Aug 7$0.70$0.302.33$80.30$84.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 23 found (best R:R 8.09, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$73.00$74.00$75.00Jul 31$0.11$0.898.09
$89.50$90.00$90.50Aug 28$0.07$0.436.14
$91.00$92.00$93.00Aug 7$0.17$0.834.88
$87.00$87.50$88.00Jul 31$0.14$0.362.57
$86.00$86.50$87.00Jul 31$0.17$0.331.94
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$87.50$88.00Aug 7$0.08$0.425.25
$84.50$85.00$85.50Aug 28$0.10$0.404.00
$82.00$82.50$83.00Aug 21$0.14$0.362.57
$83.50$84.00$84.50Aug 14$0.15$0.352.33
$85.00$85.50$86.00Aug 28$0.18$0.321.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 41 found (best net $-0.65, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$91.00$94.001:2Sep 4-$1.68$1.32
$80.00$83.001:2Aug 21-$1.69$1.31
$79.50$82.501:2Jul 31-$2.02$0.98
$91.00$92.001:2Aug 7-$0.42$0.58
$92.00$93.001:2Aug 28-$0.54$0.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$92.00$89.001:2Sep 4-$0.65$2.35
$79.00$77.001:2Aug 7-$0.42$1.58
$83.00$81.501:2Aug 28-$0.20$1.30
$79.00$78.001:2Aug 21-$0.10$0.90
$77.00$76.001:2Aug 7-$0.46$0.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 0.64%, avg 0.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$88.00Aug 14$0.560.401.1%0.64%1.72%3--
$87.50Aug 7$0.350.590.5%0.40%0.91%6016
$87.50Sep 4$0.200.470.5%0.23%0.74%2--
$87.50Aug 28$0.180.550.5%0.21%0.71%2567
$88.00Aug 21$0.160.431.1%0.18%1.26%1.5K2.3K
$88.50Jul 31$0.140.561.6%0.16%1.81%401.2K
$90.50Aug 7$0.080.194.0%0.09%4.04%21107
$89.00Aug 28$0.060.462.2%0.07%2.30%1--

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 17,078
Total Puts 88,390
Put/Call Ratio 5.18
Net Difference -71,312

Prior's Put/Call Breakdown

Total Calls 14,363
Total Puts 5,636
Put/Call Ratio 0.39
Net Difference 8,727

Prior 7-Day Put/Call Summary

Total Calls 69,164
Total Puts 102,457
Average Put/Call Ratio 1.53
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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