Tour v492
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.33 -0.05%
$85.60 (+0.31%)🌙
as of 08/05 06:22 PM
8/5 18:22

Option Volume

Detail
Current (08/05) 180,165
Calls: 5,300 (3%)
Puts: 174,865 (97%)
Prior (08/04) 31,882
Calls: 13,531 (42%)
Puts: 18,351 (58%)
Current vs Prior +465.10%
Calls: -60.83% (Calls)
Puts: +852.89% (Puts)
Prior 7-Day Total 298,261
Calls: 90,223 (30%)
Puts: 208,038 (70%)
Prior 7-Day Average 42,608
Calls: 12,889 (30%)
Puts: 29,719 (70%)
Current vs Prior 7-Day Avg +322.84%
Calls: -58.88%
Puts: +488.38%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $14.83M
Calls: $1.04M (7%)
Puts: $13.80M (93%)
Prior (08/04) $4.12M
Calls: $2.31M (56%)
Puts: $1.81M (44%)
Current vs Prior +260.11%
Calls: -55.13%
Puts: +663.15%
Prior 7-Day Total $52.94M
Calls: $17.44M (33%)
Puts: $35.50M (67%)
Prior 7-Day Average $7.56M
Calls: $2.49M (33%)
Puts: $5.07M (67%)
Current vs Prior 7-Day Avg +96.15%
Calls: -58.38%
Puts: +172.09%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 32.99
Prior (08/04) 1.36
Current vs Prior +2332.75%
Prior 7-Day Average 2.14
Current vs Prior 7-Day Avg +1440.72%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 286,087
Calls: 67,134 (23%)
Puts: 218,953 (77%)
Prior (08/04) 284,791
Calls: 63,564 (22%)
Puts: 221,227 (78%)
Current vs Prior +0.46%
Prior 7-Day Total 2,530,866
Calls: 582,520 (23%)
Puts: 1,948,346 (77%)
Prior 7-Day Average 361,552
Calls: 83,217 (23%)
Puts: 278,335 (77%)
Current vs Prior 7-Day Avg -20.87%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.09% | 4.18%3.14% | 5.00%
Prior 3.63% | 2.74%3.23% | 6.57%
Current vs Prior +40.07% | +52.64%-2.85% | -23.85%
Prior 7-Day Avg 3.29% | 3.46%4.22% | 5.69%
Current vs 7-Day Avg +54.69% | +20.82%-25.58% | -12.07%
Prior 7-Day Eod 3.63% | 2.74%3.23% | 6.57%
Current vs 7-Day Eod +40.07% | +52.64%-2.85% | -23.85%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.17% | 9.62%
Calls: 6.56% | 7.55%
Puts: 13.79% | 11.70%
Prior 15.31% | 7.65%
Calls: 17.11% | 7.76%
Puts: 13.51% | 7.55%
Current vs Prior -33.57% | +25.75%
Prior 7-Day Avg 20.60% | 9.30%
Calls: 19.41% | 8.07%
Puts: 21.78% | 10.53%
Current vs 7-Day Avg -50.62% | +3.39%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 93% of dollar volume in puts ($13.80M) vs calls ($1.04M). Massive premium surge with dollar volume up 260% vs prior. Dollar volume significantly above 7-day average (96% higher). Unusually high activity with volume up 465% 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 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 1 of results (avg 9.2%, best 9.2%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 1414.0015.35$14.689.2%21.00--

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. 45 found (avg delta 0.71, highest 1.01)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 78.3512.85$10.6042.5%11.0111
$76.00Aug 77.2512.00$9.6349.3%11.013
$77.00Aug 76.0511.00$8.5358.0%21.01--
$78.00Aug 75.309.70$7.5058.7%11.01--
$80.50Aug 72.687.05$4.8789.7%11.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 70.645.00$2.82154.6%31.00204
$94.00Aug 76.4010.70$8.5550.3%21.00--
$87.50Aug 140.695.00$2.85151.2%21.00--
$100.00Aug 1414.0015.35$14.689.2%21.00--
$90.00Sep 42.427.00$4.7197.2%10.762

Most actively traded options today. High liquidity = easy entry/exit. 152 active (total vol 93.8K, top 85.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Aug 140.214.95$2.58183.7%9780.681.6K
$85.50Aug 70.375.00$2.69172.1%7090.58228
$86.00Aug 210.481.04$0.7673.7%6770.394.0K
$89.00Aug 280.051.39$0.72186.1%2590.2413
$86.00Aug 140.164.95$2.56187.1%2550.58154
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Sep 180.090.70$0.39156.4%85.0K0.1285.6K
$84.00Aug 280.391.96$1.18133.1%9220.38239
$83.00Sep 180.571.13$0.8565.9%8120.3012.0K
$85.50Aug 70.004.80$2.40200.0%5470.451.1K
$82.00Sep 180.400.95$0.6880.9%1260.244.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 245.5%, max 940.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$84.00Aug 7Sep 18147.0%14.1%940.0%432.6K
$84.50Aug 7Sep 11137.6%18.3%651.6%55
$86.50Aug 7Sep 1192.7%18.7%396.0%142271
$86.00Aug 7Sep 18109.1%23.2%369.5%546.5K
$90.00Aug 14Sep 1867.2%17.6%281.7%265.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$84.00Aug 7Sep 18147.0%14.1%940.0%10911.4K
$84.50Aug 7Sep 11137.6%18.3%651.6%7358
$86.50Aug 7Aug 2892.7%22.3%314.8%6641
$82.00Aug 7Sep 1857.5%16.0%258.7%1335.2K
$85.50Aug 7Aug 21113.9%36.2%214.5%6011.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 37 found (best R:R 17.18, avg 3.43)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$93.00$100.00Sep 18$0.43$6.57$0.4315.28$93.43
$89.00$90.00Sep 18$0.11$0.89$0.118.09$89.11
$88.00$89.00Aug 28$0.16$0.84$0.165.25$88.16
$88.50$89.00Aug 14$0.13$0.37$0.132.85$88.63
$87.00$88.00Sep 18$0.30$0.70$0.302.33$87.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$78.00Aug 21$0.11$1.89$0.1117.18$79.89
$81.00$80.00Aug 21$0.10$0.90$0.109.00$80.90
$86.50$85.00Aug 28$0.15$1.35$0.159.00$86.35
$81.00$80.00Aug 14$0.13$0.87$0.136.69$80.87
$83.00$82.00Sep 18$0.17$0.83$0.174.88$82.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 17.66, avg 1.88)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$84.50$86.50Sep 11$1.77$1.77$0.237.70$86.27
$80.50$83.00Aug 7$2.18$2.18$0.326.81$82.68
$84.00$85.00Sep 4$0.86$0.86$0.146.14$84.86
$86.50$87.50Sep 4$0.85$0.85$0.155.67$87.35
$89.50$90.00Aug 21$0.38$0.38$0.123.17$89.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$87.50Aug 14$11.83$11.83$0.6717.66$88.17
$94.00$87.50Aug 7$5.73$5.73$0.777.44$88.27
$79.00$78.00Sep 18$0.88$0.88$0.127.33$78.12
$84.00$83.00Aug 28$0.67$0.67$0.332.03$83.33
$81.50$81.00Aug 21$0.32$0.32$0.181.78$81.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 19 found (avg debit $0.84, cheapest $0.12)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$87.50Aug 14Aug 21$0.1217.1%24.5%
$91.00Sep 4Sep 18$0.1324.8%20.8%
$88.00Aug 7Aug 14$0.1813.6%10.3%
$85.00Aug 7Aug 14$0.6435.6%22.9%
$78.00Aug 7Sep 18$0.7560.1%22.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$85.00Aug 7Aug 14$0.2035.6%22.9%
$78.00Aug 21Sep 18$0.2727.1%22.3%
$87.00Aug 7Aug 14$0.2852.7%48.6%
$82.00Aug 7Aug 14$0.3557.5%40.3%
$81.00Aug 7Aug 14$0.5640.2%47.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 27 found (cheapest 2.43% of stock, avg 4.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.00Aug 14$1.82$0.25$2.07$81.93$86.072.43%
$85.00Aug 7$1.94$0.39$2.33$82.67$87.332.73%
$85.00Aug 21$1.37$1.10$2.47$82.53$87.472.89%
$83.00Aug 7$2.69$0.03$2.72$80.28$85.723.19%
$85.00Aug 14$2.58$0.59$3.17$81.83$88.173.71%
$86.00Aug 21$0.76$2.62$3.38$82.62$89.383.96%
$86.50Aug 7$1.16$2.40$3.56$82.94$90.064.17%
$87.50Aug 14$0.71$2.85$3.56$83.94$91.064.17%
$87.00Aug 7$1.10$2.53$3.63$83.37$90.634.25%
$85.00Sep 18$2.14$1.56$3.70$81.30$88.704.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.11% of stock, avg 3.01%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$91.00$82.00Sep 4$0.50$0.45$0.95$81.05$91.95
$91.00$82.50Sep 4$0.50$0.46$0.96$81.54$91.96
$91.00$83.00Sep 4$0.50$0.65$1.15$81.85$92.15
$87.50$82.00Sep 4$0.76$0.45$1.21$80.79$88.71
$87.00$83.50Aug 7$1.10$0.12$1.22$82.28$88.22
$87.50$82.50Sep 4$0.76$0.46$1.22$81.28$88.72
$90.00$82.00Sep 18$0.54$0.68$1.22$80.78$91.22
$87.00$83.00Aug 21$0.44$0.82$1.26$81.74$88.26
$87.50$83.00Sep 11$0.68$0.60$1.28$81.72$88.78
$87.50$85.00Aug 14$0.71$0.59$1.30$83.70$88.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 52 found (best R:R 7.00, avg credit $0.65)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
78/8086/86Aug 21$1.75$0.257.00$78.25$87.25
85/8687/88Sep 18$0.87$0.136.69$85.13$87.87
76/7788/88Aug 14$0.85$0.155.67$76.15$88.35
83/8488/89Aug 28$0.83$0.174.88$83.17$88.83
84/8588/89Sep 18$0.82$0.184.56$84.18$88.82
82/8384/85Sep 18$0.81$0.194.26$82.19$84.81
85/8688/89Aug 21$0.39$0.113.55$85.11$88.89
80/8286/86Aug 28$1.55$0.453.44$80.45$87.05
84/8588/88Aug 21$0.38$0.123.17$84.62$87.88
84/8587/88Sep 18$0.74$0.262.85$84.26$87.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 13.29, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$76.00$77.00$78.00Aug 7$0.07$0.9313.29
$78.00$80.50$83.00Aug 7$0.45$2.054.56
$89.00$90.00$91.00Sep 18$0.20$0.804.00
$88.50$89.00$89.50Aug 14$0.13$0.372.85
$88.00$89.00$90.00Sep 18$0.27$0.732.70
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$82.00$83.00$84.00Sep 18$0.10$0.909.00
$79.00$80.00$81.00Aug 14$0.12$0.887.33
$84.00$85.00$86.00Sep 18$0.13$0.876.69
$84.50$85.00$85.50Aug 21$0.08$0.425.25
$81.00$82.00$83.00Sep 18$0.16$0.845.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 59 found (best net $-0.49, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.50$83.001:2Aug 7-$0.51$1.99
$85.50$86.501:2Aug 28-$0.22$0.78
$88.00$89.001:2Sep 18-$0.27$0.73
$86.00$87.001:2Sep 18-$0.28$0.72
$87.50$89.501:2Sep 11-$1.36$0.64
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$90.00$86.001:2Sep 4-$0.49$3.51
$77.00$74.001:2Sep 18-$0.77$2.23
$80.00$78.001:2Aug 21-$0.01$1.99
$79.00$77.001:2Aug 14-$0.51$1.49
$82.00$80.001:2Sep 4-$0.87$1.13

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 1.76%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$86.00Sep 18$1.500.470.8%1.76%2.54%323.2K
$87.00Sep 18$1.040.382.0%1.22%3.18%1333.7K
$88.00Sep 18$0.560.313.1%0.66%3.79%543.5K
$87.50Sep 4$0.520.282.5%0.61%3.15%16423
$86.00Aug 21$0.480.390.8%0.56%1.35%6774.0K
$86.00Sep 4$0.480.410.8%0.56%1.35%78
$89.00Sep 18$0.440.234.3%0.52%4.82%10--
$85.50Aug 7$0.370.580.2%0.43%0.63%709228
$87.50Aug 28$0.300.422.5%0.35%2.89%144180
$86.50Sep 4$0.270.401.4%0.32%1.69%1652

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 5,300
Total Puts 174,865
Put/Call Ratio 32.99
Net Difference -169,565

Prior's Put/Call Breakdown

Total Calls 13,531
Total Puts 18,351
Put/Call Ratio 1.36
Net Difference -4,820

Prior 7-Day Put/Call Summary

Total Calls 90,223
Total Puts 208,038
Average Put/Call Ratio 2.14
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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