Tour v456
XLP
State StreetCnsmrStpSelSectSPDRETF
$87.18 +0.13%
7/29 15:07

Option Volume

Detail
Current (07/29 3:05pm) 26,388
Calls: 8,442 (32%)
Puts: 17,946 (68%)
Prior (07/28) 68,056
Calls: 15,142 (22%)
Puts: 52,914 (78%)
Current vs Prior -61.23%
Calls: -44.25% (Calls)
Puts: -66.08% (Puts)
Prior 7-Day Total 158,764
Calls: 63,535 (40%)
Puts: 95,229 (60%)
Prior 7-Day Average 22,680
Calls: 9,076 (40%)
Puts: 13,604 (60%)
Current vs Prior 7-Day Avg +16.35%
Calls: -6.99%
Puts: +31.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/29 3:05pm) $3.50M
Calls: $1.73M (50%)
Puts: $1.77M (50%)
Prior (07/28) $7.76M
Calls: $2.98M (38%)
Puts: $4.78M (62%)
Current vs Prior -54.91%
Calls: -41.92%
Puts: -63.02%
Prior 7-Day Total $16.29M
Calls: $7.72M (47%)
Puts: $8.58M (53%)
Prior 7-Day Average $2.33M
Calls: $1.10M (47%)
Puts: $1.23M (53%)
Current vs Prior 7-Day Avg +50.29%
Calls: +57.13%
Puts: +44.14%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/29 3:05pm) 2.13
Prior (07/28) 3.49
Current vs Prior -39.17%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg +33.72%
Sentiment BEARISH

Open Interest

Detail
Current (07/29 3:05pm) 490,828
Calls: 104,075 (21%)
Puts: 386,753 (79%)
Prior (07/28) 410,394
Calls: 94,213 (23%)
Puts: 316,181 (77%)
Current vs Prior +19.60%
Prior 7-Day Total 2,547,184
Calls: 618,102 (24%)
Puts: 1,929,082 (76%)
Prior 7-Day Average 363,883
Calls: 88,300 (24%)
Puts: 275,583 (76%)
Current vs Prior 7-Day Avg +34.89%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.71% | 2.62%3.88% | 5.85%
Prior 1.93% | 2.72%3.82% | 5.69%
Current vs Prior -11.53% | -3.72%+1.57% | +2.81%
Prior 7-Day Avg 1.86% | 2.50%3.69% | 5.62%
Current vs 7-Day Avg -7.95% | +4.65%+5.08% | +4.13%
Prior 7-Day Eod 1.93% | 2.72%5.08% | 6.26%
Current vs 7-Day Eod -11.53% | -3.72%-23.64% | -6.55%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 15.46% | 10.59%
Calls: 14.47% | 9.24%
Puts: 16.44% | 11.93%
Prior 11.94% | 7.02%
Calls: 8.60% | 6.11%
Puts: 15.28% | 7.92%
Current vs Prior +29.48% | +50.85%
Prior 7-Day Avg 100.59% | 22.87%
Calls: 102.11% | 15.24%
Puts: 18.03% | 30.51%
Current vs 7-Day Avg -84.63% | -53.70%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 55% vs prior. Dollar volume significantly above 7-day average (50% higher). Below-average activity with volume down 61% vs prior. Extreme bearish P/C ratio of 2.13 - 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 68 of results (avg 7.2%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 1412.3012.55$12.432.0%10.98--
$78.00Aug 79.259.50$9.382.7%20.999
$78.00Jul 319.159.40$9.282.7%20.993
$79.00Aug 218.408.70$8.553.5%--0.9630
$80.00Aug 217.457.75$7.603.9%--0.9543
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 147.608.00$7.805.1%10.971
$87.00Jul 310.480.51$0.506.0%1610.431.2K
$85.50Aug 140.590.63$0.616.6%160.2916
$92.00Aug 214.655.00$4.837.2%--0.8728
$90.50Aug 213.403.70$3.558.5%--0.7826

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 28 found (avg $0.66, cheapest $0.30)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.50Aug 70.270.32$0.3016.7%20.20104
$89.00Aug 70.370.43$0.4015.0%4990.26283
$87.50Jul 310.460.55$0.5117.6%110.44478
$90.50Aug 210.470.57$0.5219.2%70.23796
$88.50Aug 70.500.58$0.5414.8%5400.3330
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 210.400.47$0.4415.9%370.201.4K
$86.00Aug 70.440.53$0.4918.4%370.3060
$85.00Aug 140.460.51$0.4910.2%690.2449
$87.00Jul 310.480.51$0.506.0%1610.431.2K
$84.50Aug 210.510.57$0.5411.1%3970.23411

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 103 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 3115.6519.25$17.4520.6%20.99--
$74.00Jul 3112.0515.30$13.6823.8%40.9916
$75.00Jul 3111.1514.25$12.7024.4%--0.9919
$76.00Jul 3110.3013.25$11.7825.0%30.9917
$77.00Jul 319.3511.85$10.6023.6%50.9915
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 3110.7514.30$12.5328.3%61.00--
$95.00Aug 147.608.00$7.805.1%10.971
$89.00Jul 311.711.96$1.8413.6%40.871.2K
$92.00Aug 214.655.00$4.837.2%--0.8728
$90.00Aug 72.743.00$2.879.1%100.861

Most actively traded options today. High liquidity = easy entry/exit. 141 active (total vol 19.1K, top 3.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 211.231.41$1.3213.6%1.7K0.443.5K
$89.00Aug 210.861.00$0.9315.1%1.4K0.352.0K
$88.50Aug 70.500.58$0.5414.8%5400.3330
$89.00Aug 70.370.43$0.4015.0%4990.26283
$89.00Jul 310.090.15$0.1250.0%4360.141.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 210.610.69$0.6512.3%3.3K0.276.5K
$85.00Aug 70.230.31$0.2729.6%3.1K0.1943
$86.50Aug 70.590.69$0.6415.6%2.7K0.37530
$86.00Aug 210.871.02$0.9515.8%8420.36361
$84.00Aug 70.100.19$0.1560.0%5310.111.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 51 strikes (avg 76.0%, max 170.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 31Aug 2152.7%20.2%160.7%--80
$80.50Jul 31Aug 2850.8%20.3%149.6%--60
$81.50Jul 31Aug 2147.0%20.0%135.3%--28
$75.00Jul 31Aug 1480.8%34.7%132.6%119
$94.00Jul 31Sep 443.0%18.7%130.8%123
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Jul 31Aug 2862.1%23.0%170.6%--54
$80.00Jul 31Aug 2856.2%20.8%170.5%156
$80.50Jul 31Sep 450.8%19.5%160.4%--517
$79.00Jul 31Aug 2855.5%21.6%156.7%--98
$81.00Jul 31Aug 2849.1%19.9%146.2%--500

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 92 found (best R:R 14.00, avg 2.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$90.50$92.00Aug 7$0.10$1.40$0.1014.00$90.60
$92.00$94.00Sep 4$0.25$1.75$0.257.00$92.25
$91.00$92.00Aug 21$0.15$0.85$0.155.67$91.15
$90.00$91.00Aug 14$0.16$0.84$0.165.25$90.16
$91.00$92.00Aug 28$0.16$0.84$0.165.25$91.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$80.50Sep 4$0.14$1.36$0.149.71$81.86
$83.00$82.00Aug 28$0.11$0.89$0.118.09$82.89
$84.50$84.00Aug 21$0.10$0.40$0.104.00$84.40
$85.00$84.50Aug 21$0.11$0.39$0.113.55$84.89
$83.50$83.00Aug 28$0.11$0.39$0.113.55$83.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 34.48, avg 1.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$81.00$82.50Aug 14$1.38$1.38$0.1211.50$82.38
$80.50$82.50Aug 28$1.80$1.80$0.209.00$82.30
$73.00$74.00Jul 31$0.85$0.85$0.155.67$73.85
$83.50$84.50Sep 4$0.82$0.82$0.184.56$84.32
$84.50$85.00Aug 7$0.40$0.40$0.104.00$84.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$89.00Jul 31$10.69$10.69$0.3134.48$89.31
$95.00$89.50Aug 14$5.20$5.20$0.3017.33$89.80
$92.00$90.50Aug 21$1.28$1.28$0.225.82$90.72
$90.00$89.00Aug 7$0.81$0.81$0.194.26$89.19
$90.50$90.00Aug 21$0.40$0.40$0.104.00$90.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $0.24, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$95.00Jul 31Aug 21$0.0752.7%20.2%
$81.00Aug 7Aug 14$0.0825.9%21.7%
$78.00Jul 31Aug 7$0.1062.1%33.3%
$80.00Aug 14Aug 21$0.1023.2%22.0%
$94.00Jul 31Aug 21$0.1243.0%19.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.50Jul 31Aug 14$0.0550.8%22.5%
$83.00Jul 31Aug 7$0.0636.3%21.7%
$83.50Jul 31Aug 7$0.1032.6%21.3%
$84.00Jul 31Aug 7$0.1031.3%20.0%
$84.50Jul 31Aug 7$0.1526.7%19.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 93 found (cheapest 1.42% of stock, avg 4.59%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.50Jul 31$0.51$0.73$1.24$86.26$88.741.42%
$87.00Jul 31$0.76$0.50$1.26$85.74$88.261.45%
$88.00Jul 31$0.32$1.06$1.38$86.62$89.381.58%
$86.50Jul 31$1.09$0.30$1.39$85.11$87.891.59%
$88.50Jul 31$0.20$1.43$1.63$86.87$90.131.87%
$86.00Jul 31$1.47$0.18$1.65$84.35$87.651.89%
$89.00Jul 31$0.12$1.84$1.96$87.04$90.962.25%
$85.50Jul 31$1.88$0.11$1.99$83.51$87.492.28%
$87.50Aug 7$0.91$1.09$2.00$85.50$89.502.29%
$87.00Aug 7$1.19$0.84$2.03$84.97$89.032.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.17% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$89.50$85.00Jul 31$0.08$0.07$0.15$84.85$89.65
$89.00$85.00Jul 31$0.12$0.07$0.19$84.81$89.19
$89.50$85.50Jul 31$0.08$0.11$0.19$85.31$89.69
$89.00$85.50Jul 31$0.12$0.11$0.23$85.27$89.23
$89.50$86.00Jul 31$0.08$0.18$0.26$85.74$89.76
$88.50$85.00Jul 31$0.20$0.07$0.27$84.73$88.77
$89.00$86.00Jul 31$0.12$0.18$0.30$85.70$89.30
$88.50$85.50Jul 31$0.20$0.11$0.31$85.19$88.81
$88.50$86.00Jul 31$0.20$0.18$0.38$85.62$88.88
$89.50$86.50Jul 31$0.08$0.30$0.38$86.12$89.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 52 found (best R:R 5.82, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
86/8788/89Sep 4$1.28$0.225.82$85.72$88.78
89/9091/92Sep 4$0.85$0.155.67$89.15$91.85
85/8686/87Aug 28$0.40$0.104.00$85.10$86.90
83/8485/86Sep 4$0.39$0.113.55$83.11$85.39
84/8587/88Sep 4$0.39$0.113.55$84.61$87.39
83/8486/87Aug 28$0.38$0.123.17$83.12$86.88
83/8486/87Sep 4$1.13$0.373.05$82.37$86.63
80/8286/87Sep 4$1.10$0.402.75$80.90$86.60
88/8990/91Sep 4$1.08$0.422.57$87.92$91.08
84/8586/87Sep 4$1.07$0.432.49$83.93$86.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$74.00$75.00$76.00Jul 31$0.06$0.9415.67
$91.00$92.00$93.00Aug 21$0.06$0.9415.67
$88.00$89.00$90.00Aug 28$0.09$0.9110.11
$89.00$90.00$91.00Sep 4$0.09$0.9110.11
$90.00$91.00$92.00Sep 4$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$86.00$86.50$87.00Aug 7$0.05$0.459.00
$86.50$87.00$87.50Aug 7$0.05$0.459.00
$88.00$88.50$89.00Aug 7$0.05$0.459.00
$84.00$84.50$85.00Aug 14$0.06$0.447.33
$88.00$88.50$89.00Aug 14$0.06$0.447.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-2.57, 86 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$80.001:2Aug 14-$2.57$2.43
$91.00$93.001:2Jul 31-$0.01$1.99
$92.00$94.001:2Sep 4-$0.03$1.97
$93.00$94.001:2Jul 31$0.00$1.00
$95.00$96.001:2Aug 21-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$73.001:2Aug 21-$0.03$1.97
$82.00$80.501:2Sep 4-$0.09$1.41
$87.00$85.501:2Sep 4-$0.50$1.00
$76.00$75.001:2Aug 21-$0.05$0.95
$80.00$79.001:2Aug 14-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 2.23%, avg 0.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.50Sep 4$1.940.500.4%2.23%2.59%12
$87.50Aug 28$1.720.490.4%1.97%2.34%261
$88.00Aug 28$1.470.460.9%1.69%2.63%--15
$87.50Aug 21$1.460.490.4%1.67%2.04%185896
$89.00Sep 4$1.240.392.1%1.42%3.51%--12
$88.00Aug 21$1.230.440.9%1.41%2.35%1.7K3.5K
$87.50Aug 14$1.210.480.4%1.39%1.75%13231
$89.00Aug 28$1.050.372.1%1.20%3.29%--13
$88.50Aug 21$1.010.391.5%1.16%2.67%65167
$88.00Aug 14$0.970.420.9%1.11%2.05%30166

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 8,442
Total Puts 17,946
Put/Call Ratio 2.13
Net Difference -9,504

Prior's Put/Call Breakdown

Total Calls 15,142
Total Puts 52,914
Put/Call Ratio 3.49
Net Difference -37,772

Prior 7-Day Put/Call Summary

Total Calls 63,535
Total Puts 95,229
Average Put/Call Ratio 1.59
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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