Tour v477
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.27 -0.23%
7/31 15:07

Option Volume

Detail
Current (07/31 3:05pm) 25,401
Calls: 8,280 (33%)
Puts: 17,121 (67%)
Prior (07/29) 26,388
Calls: 8,442 (32%)
Puts: 17,946 (68%)
Current vs Prior -3.74%
Calls: -1.92% (Calls)
Puts: -4.60% (Puts)
Prior 7-Day Total 196,416
Calls: 65,891 (34%)
Puts: 130,525 (66%)
Prior 7-Day Average 28,059
Calls: 9,413 (34%)
Puts: 18,646 (66%)
Current vs Prior 7-Day Avg -9.47%
Calls: -12.04%
Puts: -8.18%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31 3:05pm) $2.72M
Calls: $985.1K (36%)
Puts: $1.73M (64%)
Prior (07/29) $3.50M
Calls: $1.73M (50%)
Puts: $1.77M (50%)
Current vs Prior -22.36%
Calls: -43.13%
Puts: -2.00%
Prior 7-Day Total $20.33M
Calls: $9.10M (45%)
Puts: $11.22M (55%)
Prior 7-Day Average $2.90M
Calls: $1.30M (45%)
Puts: $1.60M (55%)
Current vs Prior 7-Day Avg -6.47%
Calls: -24.25%
Puts: +7.96%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31 3:05pm) 2.07
Prior (07/29) 2.13
Current vs Prior -2.73%
Prior 7-Day Average 1.89
Current vs Prior 7-Day Avg +9.29%
Sentiment BEARISH

Open Interest

Detail
Current (07/31 3:05pm) 512,505
Calls: 115,880 (23%)
Puts: 396,625 (77%)
Prior (07/29) 490,828
Calls: 104,075 (21%)
Puts: 386,753 (79%)
Current vs Prior +4.42%
Prior 7-Day Total 2,540,539
Calls: 596,609 (23%)
Puts: 1,943,930 (77%)
Prior 7-Day Average 362,934
Calls: 85,229 (23%)
Puts: 277,704 (77%)
Current vs Prior 7-Day Avg +41.21%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.64% | 2.16%3.55% | 5.59%
Prior 1.91% | 2.76%3.89% | 5.82%
Current vs Prior -66.16% | -21.71%-8.72% | -3.92%
Prior 7-Day Avg 2.02% | 2.61%4.14% | 5.81%
Current vs 7-Day Avg -68.12% | -17.19%-14.18% | -3.73%
Prior 7-Day Eod 1.91% | 2.76%5.34% | 5.00%
Current vs 7-Day Eod -66.16% | -21.71%-33.40% | +11.96%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 63.62% | 7.58%
Calls: 62.96% | 8.42%
Puts: 64.29% | 6.74%
Prior 11.30% | 8.75%
Calls: 8.97% | 5.00%
Puts: 13.64% | 12.50%
Current vs Prior +463.01% | -13.37%
Prior 7-Day Avg 94.48% | 23.21%
Calls: 93.19% | 15.05%
Puts: 14.18% | 31.37%
Current vs 7-Day Avg -32.67% | -67.34%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 64% put dollar volume ($1.73M). Extreme bearish P/C ratio of 2.07 - heavy put buying. Put-heavy open interest (396,625 puts vs 115,880 calls) suggests hedging or bearish positioning.

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 NEUTRAL
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 104 of results (avg 7.0%, best 2.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 2110.3010.55$10.432.4%101.001
$78.00Jul 317.157.35$7.252.8%211.005
$79.00Aug 76.206.45$6.333.9%11.00--
$78.00Aug 77.157.45$7.304.1%--1.0010
$79.50Jul 315.605.85$5.734.4%11.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 282.742.87$2.814.6%--0.7046
$86.50Aug 211.952.05$2.005.0%310.63385
$90.00Sep 44.855.10$4.975.0%10.832
$90.00Aug 74.654.90$4.785.2%--0.9611
$87.00Aug 282.402.53$2.475.3%--0.66226

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 44 found (avg $0.57, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 70.150.17$0.1612.5%1020.1485
$89.00Aug 140.150.18$0.1618.8%420.11175
$88.50Aug 140.190.23$0.2119.0%300.14168
$87.00Aug 70.210.25$0.2317.4%460.201.5K
$89.50Aug 210.230.27$0.2516.0%--0.13343
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.50Aug 140.150.17$0.1612.5%40.11229
$82.00Aug 140.190.22$0.2114.3%1450.13155
$81.00Aug 210.210.25$0.2317.4%70.121.7K
$82.50Aug 140.240.28$0.2615.4%--0.1758
$83.00Aug 140.310.37$0.3417.6%330.21102

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 107 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 3114.8015.50$15.154.6%41.00--
$73.00Jul 3111.9012.60$12.255.7%41.007
$74.00Jul 3110.8511.60$11.236.7%501.0017
$75.00Jul 319.9010.60$10.256.8%531.0019
$76.00Jul 318.909.35$9.134.9%41.0018
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 313.653.90$3.786.6%10.981.2K
$88.50Jul 313.153.40$3.287.6%--0.9895
$88.00Jul 312.662.89$2.788.3%100.9811
$86.50Jul 311.151.38$1.2618.3%30.982.3K
$87.50Jul 312.152.38$2.2610.2%--0.98188

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 12.5K, top 2.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 310.010.04$0.03100.0%8480.162.4K
$86.00Aug 70.450.52$0.4914.3%8160.363.4K
$86.00Aug 211.071.13$1.105.5%5470.423.5K
$86.00Aug 140.770.86$0.8211.0%4370.4093
$85.00Aug 70.910.99$0.958.4%3450.55212
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 70.600.68$0.6412.5%2.6K0.455.6K
$86.50Aug 71.471.55$1.515.3%2.5K0.733.1K
$84.00Aug 140.510.62$0.5619.6%5960.32907
$84.50Jul 310.000.02$0.01200.0%3150.06627
$82.00Aug 140.190.22$0.2114.3%1450.13155

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 55 strikes (avg 681.9%, max 1689.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 31Aug 21418.1%23.4%1689.7%--81
$94.00Jul 31Sep 4335.8%19.6%1615.5%--24
$75.00Jul 31Aug 21461.1%27.2%1593.6%6320
$91.00Jul 31Sep 4258.1%18.1%1329.5%--34
$79.00Jul 31Aug 21291.5%20.8%1302.7%538
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Jul 31Aug 28333.7%20.7%1509.0%154
$79.00Jul 31Aug 28291.5%19.9%1365.7%--98
$79.50Jul 31Aug 28270.4%19.4%1293.1%--41
$80.00Jul 31Aug 28249.2%18.5%1250.1%159
$80.50Jul 31Sep 4227.9%17.9%1172.6%--516

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 78 found (best R:R 7.33, avg 1.88)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$90.50Aug 28$0.18$1.32$0.187.33$89.18
$90.00$91.00Sep 4$0.12$0.88$0.127.33$90.12
$89.00$90.00Sep 4$0.17$0.83$0.174.88$89.17
$86.50$87.00Aug 7$0.11$0.39$0.113.55$86.61
$87.50$88.00Aug 21$0.11$0.39$0.113.55$87.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$80.50Sep 4$0.25$1.25$0.255.00$81.75
$83.00$82.50Aug 28$0.10$0.40$0.104.00$82.90
$83.50$83.00Aug 14$0.11$0.39$0.113.55$83.39
$84.00$83.50Aug 14$0.11$0.39$0.113.55$83.89
$82.50$82.00Aug 28$0.12$0.38$0.123.17$82.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 97 found (best R:R 7.33, avg 1.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.50$82.50Aug 28$1.75$1.75$0.257.00$82.25
$82.00$82.50Aug 21$0.40$0.40$0.104.00$82.40
$82.50$83.00Aug 21$0.39$0.39$0.113.55$82.89
$83.00$83.50Aug 21$0.39$0.39$0.113.55$83.39
$82.50$83.00Aug 28$0.38$0.38$0.123.17$82.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$88.00$87.00Aug 14$0.88$0.88$0.127.33$87.12
$90.00$89.00Sep 4$0.82$0.82$0.184.56$89.18
$89.00$86.50Sep 4$1.86$1.86$0.642.91$87.14
$87.50$87.00Aug 21$0.36$0.36$0.142.57$87.14
$86.50$86.00Aug 7$0.34$0.34$0.162.13$86.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $0.26, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$92.00Aug 21Aug 28$0.0519.6%18.7%
$88.50Jul 31Aug 7$0.08160.1%19.4%
$79.00Jul 31Aug 7$0.10291.5%27.9%
$88.00Jul 31Aug 7$0.10139.7%18.1%
$81.00Jul 31Aug 7$0.11204.5%22.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Aug 7Aug 21$0.0533.6%23.5%
$81.50Jul 31Aug 7$0.06182.7%21.3%
$88.00Jul 31Aug 7$0.06139.7%18.1%
$82.00Jul 31Aug 7$0.08160.8%20.2%
$80.50Jul 31Aug 14$0.11227.9%20.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 0.34% of stock, avg 4.11%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.00Jul 31$0.25$0.04$0.29$84.71$85.290.34%
$85.50Jul 31$0.03$0.30$0.33$85.17$85.830.39%
$84.50Jul 31$0.73$0.01$0.74$83.76$85.240.87%
$86.00Jul 31$0.01$0.77$0.78$85.22$86.780.91%
$84.00Jul 31$1.25$0.01$1.26$82.74$85.261.48%
$86.50Jul 31$0.01$1.26$1.27$85.23$87.771.49%
$85.00Aug 7$0.95$0.64$1.59$83.41$86.591.86%
$85.50Aug 7$0.70$0.89$1.59$83.91$87.091.86%
$86.00Aug 7$0.49$1.17$1.66$84.34$87.661.95%
$84.50Aug 7$1.25$0.47$1.72$82.78$86.222.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.05% of stock, avg 1.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$84.50Jul 31$0.03$0.01$0.04$84.46$85.54
$85.50$85.00Jul 31$0.03$0.04$0.07$84.93$85.57
$87.50$83.00Aug 7$0.16$0.16$0.32$82.68$87.82
$87.00$83.00Aug 7$0.23$0.16$0.39$82.61$87.39
$87.50$83.50Aug 7$0.16$0.23$0.39$83.11$87.89
$87.00$83.50Aug 7$0.23$0.23$0.46$83.04$87.46
$87.50$84.00Aug 7$0.16$0.32$0.48$83.52$87.98
$86.50$83.00Aug 7$0.34$0.16$0.50$82.50$87.00
$87.00$84.00Aug 7$0.23$0.32$0.55$83.45$87.55
$86.50$83.50Aug 7$0.34$0.23$0.57$82.93$87.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 59 found (best R:R 4.00, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8485/86Aug 7$0.40$0.104.00$84.10$85.40
82/8284/85Aug 28$0.40$0.104.00$82.10$84.90
83/8485/86Aug 28$0.40$0.104.00$83.10$85.40
86/8990/91Sep 4$1.98$0.523.81$87.02$91.98
84/8486/86Aug 14$0.39$0.113.55$84.11$85.89
82/8286/86Aug 28$0.39$0.113.55$82.11$85.89
84/8586/86Aug 7$0.38$0.123.17$84.62$85.88
83/8485/86Aug 14$0.38$0.123.17$83.12$85.38
84/8485/86Aug 14$0.38$0.123.17$83.62$85.38
82/8285/86Aug 28$0.38$0.123.17$82.12$85.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Aug 14$0.06$0.9415.67
$84.50$85.00$85.50Aug 7$0.05$0.459.00
$83.50$84.00$84.50Aug 7$0.06$0.447.33
$84.00$84.50$85.00Aug 7$0.06$0.447.33
$85.50$86.00$86.50Aug 7$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$83.50$84.00$84.50Aug 7$0.06$0.447.33
$85.50$86.00$86.50Aug 7$0.06$0.447.33
$85.50$86.00$86.50Aug 14$0.06$0.447.33
$88.00$88.50$89.00Aug 14$0.06$0.447.33
$81.50$82.00$82.50Aug 28$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. 85 found (best net $-0.01, 79 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$91.00$94.001:2Jul 31-$0.01$2.99
$87.00$89.001:2Sep 4-$0.02$1.98
$92.00$94.001:2Sep 4-$0.04$1.96
$75.00$79.001:2Aug 21-$2.57$1.43
$89.00$90.501:2Aug 28-$0.07$1.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$89.00$86.501:2Sep 4-$0.43$2.07
$77.00$75.001:2Aug 7-$0.02$1.98
$73.00$71.001:2Aug 21-$0.02$1.98
$75.00$73.001:2Aug 21-$0.03$1.97
$82.00$80.501:2Sep 4-$0.12$1.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 2.16%, avg 0.62%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.50Sep 11$1.840.490.3%2.16%2.43%2--
$85.50Sep 4$1.690.480.3%1.98%2.25%313
$85.50Aug 28$1.460.480.3%1.71%1.98%--80
$85.50Aug 21$1.300.480.3%1.52%1.79%--134
$86.00Aug 28$1.200.430.9%1.41%2.26%1332
$86.00Aug 21$1.070.420.9%1.25%2.11%5473.5K
$87.00Sep 4$1.070.362.0%1.25%3.28%134
$86.50Aug 28$1.030.391.4%1.21%2.65%--54
$85.50Aug 14$0.980.470.3%1.15%1.42%491.5K
$87.00Aug 28$0.850.342.0%1.00%3.03%1990

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 8,280
Total Puts 17,121
Put/Call Ratio 2.07
Net Difference -8,841

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 65,891
Total Puts 130,525
Average Put/Call Ratio 1.89
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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