Tour v477
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.05 -0.49%
$84.80 (-0.29%)🌙
as of 07/31 06:08 PM
7/31 18:08

Option Volume

Detail
Current (07/31) 26,461
Calls: 8,907 (34%)
Puts: 17,554 (66%)
Prior (07/30) 63,045
Calls: 13,452 (21%)
Puts: 49,593 (79%)
Current vs Prior -58.03%
Calls: -33.79% (Calls)
Puts: -64.60% (Puts)
Prior 7-Day Total 310,151
Calls: 83,972 (27%)
Puts: 226,179 (73%)
Prior 7-Day Average 44,307
Calls: 11,996 (27%)
Puts: 32,311 (73%)
Current vs Prior 7-Day Avg -40.28%
Calls: -25.75%
Puts: -45.67%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $3.96M
Calls: $1.45M (37%)
Puts: $2.51M (63%)
Prior (07/30) $11.14M
Calls: $2.00M (18%)
Puts: $9.14M (82%)
Current vs Prior -64.45%
Calls: -27.36%
Puts: -72.57%
Prior 7-Day Total $51.25M
Calls: $14.87M (29%)
Puts: $36.38M (71%)
Prior 7-Day Average $7.32M
Calls: $2.12M (29%)
Puts: $5.20M (71%)
Current vs Prior 7-Day Avg -45.89%
Calls: -31.59%
Puts: -51.75%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31) 1.97
Prior (07/30) 3.69
Current vs Prior -46.54%
Prior 7-Day Average 2.50
Current vs Prior 7-Day Avg -21.04%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 512,505
Calls: 115,880 (23%)
Puts: 396,625 (77%)
Prior (07/30) 323,708
Calls: 72,381 (22%)
Puts: 251,327 (78%)
Current vs Prior +58.32%
Prior 7-Day Total 2,112,942
Calls: 504,227 (24%)
Puts: 1,608,715 (76%)
Prior 7-Day Average 301,848
Calls: 72,032 (24%)
Puts: 229,816 (76%)
Current vs Prior 7-Day Avg +69.79%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 5.67% | 4.46%4.35% | 5.06%
Prior 3.70% | 2.89%5.34% | 5.00%
Current vs Prior +20.53% | -2.35%-18.46% | +1.20%
Prior 7-Day Avg 2.94% | 3.48%4.73% | 5.99%
Current vs 7-Day Avg +51.64% | -18.82%-8.11% | -15.56%
Prior 7-Day Eod 3.70% | 2.89%5.34% | 5.00%
Current vs 7-Day Eod +20.53% | -2.35%-18.46% | +1.20%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 63.62% | 7.58%
Calls: 62.96% | 8.42%
Puts: 64.29% | 6.74%
Prior 15.46% | 10.59%
Calls: 14.47% | 9.24%
Puts: 16.44% | 11.93%
Current vs Prior +311.51% | -28.42%
Prior 7-Day Avg 96.49% | 23.68%
Calls: 94.29% | 14.68%
Puts: 17.57% | 32.68%
Current vs 7-Day Avg -34.06% | -67.99%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($2.51M). Light premium activity with dollar volume down 64% vs prior. Below-average activity with volume down 58% vs prior. Extreme bearish P/C ratio of 1.97 - heavy put buying.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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. 109 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Aug 74.759.40$7.0865.7%--1.0010
$79.00Aug 74.058.50$6.2870.9%11.00--
$81.00Aug 72.616.50$4.5685.3%--1.0034
$82.50Aug 71.335.00$3.17115.8%--1.00114
$83.00Aug 70.834.50$2.67137.5%31.00117
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 310.004.80$2.40200.0%811.003.7K
$86.00Jul 310.461.24$0.8591.8%201.00312
$87.00Jul 310.115.00$2.56191.0%41.001.2K
$87.50Jul 310.615.00$2.81156.2%--1.00188
$88.00Jul 310.655.15$2.90155.2%101.0011

Most actively traded options today. High liquidity = easy entry/exit. 166 active (total vol 13.3K, top 2.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 310.000.01$0.01100.0%8650.062.4K
$86.00Aug 70.050.89$0.47178.7%8410.283.4K
$86.00Aug 210.103.40$1.75188.6%5500.423.5K
$86.00Aug 140.221.06$0.64131.2%4380.5493
$85.00Aug 70.582.20$1.39116.5%3530.44212
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 70.504.95$2.73163.0%2.6K0.595.6K
$86.50Aug 70.103.65$1.88188.8%2.5K0.863.1K
$84.00Aug 140.000.95$0.48197.9%5970.27907
$84.50Jul 310.000.40$0.20200.0%3150.28627
$82.00Aug 140.001.27$0.64198.4%1450.21155

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 894.8%, max 2250.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Jul 31Aug 21433.9%19.0%2179.5%538
$78.00Jul 31Aug 7497.0%23.5%2011.9%2115
$95.00Jul 31Aug 21866.2%46.4%1767.2%--81
$91.00Jul 31Sep 4387.5%23.0%1585.1%--34
$75.00Jul 31Aug 21687.2%41.4%1559.0%6320
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Jul 31Aug 28497.0%21.1%2250.6%154
$83.00Jul 31Sep 4202.7%12.1%1569.6%111.9K
$79.00Jul 31Aug 28433.9%28.5%1423.8%--98
$79.50Jul 31Aug 28402.3%27.3%1373.6%--41
$80.50Jul 31Sep 4338.8%23.1%1368.0%--516

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 40 found (best R:R 19.00, avg 2.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$92.00$94.00Sep 4$0.10$1.90$0.1019.00$92.10
$76.00$77.00Jul 31$0.23$0.77$0.233.35$76.23
$89.00$90.00Aug 28$0.23$0.77$0.233.35$89.23
$90.00$91.00Sep 4$0.23$0.77$0.233.35$90.23
$87.00$87.50Aug 7$0.12$0.38$0.123.17$87.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$79.00Aug 14$0.12$0.88$0.127.33$79.88
$82.00$80.50Sep 4$0.28$1.22$0.284.36$81.72
$84.50$84.00Aug 28$0.11$0.39$0.113.55$84.39
$81.00$80.50Aug 14$0.12$0.38$0.123.17$80.88
$84.50$84.00Jul 31$0.13$0.37$0.132.85$84.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 60 found (best R:R 12.64, avg 2.10)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$81.00$82.50Aug 7$1.39$1.39$0.1112.64$82.39
$82.00$83.50Sep 4$1.39$1.39$0.1112.64$83.39
$87.00$89.00Sep 4$1.81$1.81$0.199.53$88.81
$79.00$81.00Aug 7$1.72$1.72$0.286.14$80.72
$78.00$79.00Jul 31$0.83$0.83$0.174.88$78.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$90.00$89.00Aug 7$0.81$0.81$0.194.26$89.19
$90.00$89.00Aug 21$0.81$0.81$0.194.26$89.19
$83.50$83.00Jul 31$0.39$0.39$0.113.55$83.11
$88.50$88.00Aug 21$0.39$0.39$0.113.55$88.11
$86.50$85.50Sep 4$0.78$0.78$0.223.55$85.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 found (avg debit $0.86, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$86.50Jul 31Aug 7$0.07206.3%21.0%
$89.00Jul 31Aug 7$0.07270.9%28.1%
$87.50Jul 31Aug 7$0.08179.5%22.2%
$88.00Jul 31Aug 7$0.08210.7%24.5%
$87.00Jul 31Aug 7$0.19167.4%25.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 31Aug 7$0.09303.7%17.9%
$88.00Jul 31Aug 7$0.12210.7%24.5%
$80.50Jul 31Aug 7$0.13338.8%22.7%
$83.00Jul 31Aug 7$0.15202.7%9.1%
$90.00Aug 7Aug 21$0.22106.0%20.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 1.01% of stock, avg 5.15%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$86.00Jul 31$0.01$0.85$0.86$85.14$86.861.01%
$86.00Aug 7$0.47$1.11$1.58$84.42$87.581.86%
$86.50Aug 7$0.18$1.88$2.06$84.44$88.562.42%
$86.00Aug 14$0.64$1.50$2.14$83.86$88.142.52%
$85.00Aug 14$0.71$1.63$2.34$82.66$87.342.75%
$87.00Aug 7$0.21$2.15$2.36$84.64$89.362.77%
$85.50Jul 31$0.01$2.40$2.41$83.09$87.912.83%
$86.50Jul 31$0.11$2.40$2.51$83.99$89.012.95%
$85.00Jul 31$2.42$0.14$2.56$82.44$87.563.01%
$87.00Jul 31$0.02$2.56$2.58$84.42$89.583.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 137 found (cheapest 0.09% of stock, avg 3.94%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$84.00Jul 31$0.01$0.07$0.08$83.92$85.58
$85.50$85.00Jul 31$0.01$0.14$0.15$84.85$85.65
$86.50$84.00Jul 31$0.11$0.07$0.18$83.82$86.68
$95.00$84.00Jul 31$0.12$0.07$0.19$83.81$95.19
$85.50$84.50Jul 31$0.01$0.20$0.21$84.29$85.71
$86.50$85.00Jul 31$0.11$0.14$0.25$84.75$86.75
$95.00$85.00Jul 31$0.12$0.14$0.26$84.74$95.26
$86.50$84.50Jul 31$0.11$0.20$0.31$84.19$86.81
$95.00$84.50Jul 31$0.12$0.20$0.32$84.18$95.32
$85.50$83.50Jul 31$0.01$0.42$0.43$83.07$85.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 31 found (best R:R 17.18, avg credit $0.67)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
83/8492/94Sep 4$1.89$0.1117.18$81.61$93.89
78/7986/86Aug 7$0.80$0.204.00$78.20$86.80
84/8490/91Sep 4$0.78$0.223.55$83.72$90.78
78/7984/84Aug 28$0.77$0.233.35$78.23$84.77
79/8083/84Aug 21$0.74$0.262.85$79.26$83.74
78/7983/84Aug 28$0.73$0.272.70$78.27$83.73
79/8082/83Aug 21$0.68$0.322.12$79.32$83.18
78/7984/85Aug 7$0.65$0.351.86$78.35$85.15
79/8081/82Aug 21$0.65$0.351.86$79.35$81.65
78/7989/90Aug 28$0.64$0.361.78$78.36$89.64

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$86.50$87.00$87.50Jul 31$0.08$0.425.25
$84.50$85.00$85.50Sep 4$0.08$0.425.25
$83.50$84.00$84.50Jul 31$0.10$0.404.00
$85.50$86.00$86.50Jul 31$0.10$0.404.00
$79.00$80.00$81.00Aug 21$0.22$0.783.55
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$80.50$81.00Aug 14$0.06$0.447.33
$80.00$80.50$81.00Aug 7$0.07$0.436.14
$82.00$82.50$83.00Aug 7$0.08$0.425.25
$86.50$87.00$87.50Jul 31$0.09$0.414.56
$87.50$88.00$88.50Aug 7$0.09$0.414.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-0.41, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$91.00$94.001:2Jul 31-$0.01$2.99
$81.00$85.001:2Sep 11-$1.08$2.92
$92.00$94.001:2Sep 4-$0.47$1.53
$75.00$79.001:2Aug 21-$2.50$1.50
$80.50$82.501:2Aug 28-$1.00$1.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$79.00$74.001:2Aug 14-$0.41$4.59
$73.00$71.001:2Aug 21-$0.46$1.54
$75.00$73.001:2Aug 21-$0.64$1.36
$82.00$80.501:2Sep 4-$0.56$0.94
$79.00$78.001:2Aug 21-$0.12$0.88

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 0.96%, avg 0.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.50Sep 4$0.820.480.5%0.96%1.49%313
$85.50Aug 28$0.750.520.5%0.88%1.41%--80
$86.00Sep 4$0.650.421.1%0.76%1.88%17
$87.00Aug 28$0.480.362.3%0.56%2.86%1990
$87.00Sep 4$0.310.422.3%0.36%2.66%134
$87.50Aug 28$0.300.362.9%0.35%3.23%--60
$89.00Aug 28$0.300.404.6%0.35%5.00%--14
$88.00Aug 28$0.290.263.5%0.34%3.81%--15
$85.50Aug 7$0.220.450.5%0.26%0.79%93227
$86.00Aug 14$0.220.541.1%0.26%1.38%43893

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 8,907
Total Puts 17,554
Put/Call Ratio 1.97
Net Difference -8,647

Prior's Put/Call Breakdown

Total Calls 13,452
Total Puts 49,593
Put/Call Ratio 3.69
Net Difference -36,141

Prior 7-Day Put/Call Summary

Total Calls 83,972
Total Puts 226,179
Average Put/Call Ratio 2.50
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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