Tour v494
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.01 -0.12%
8/7 15:07

Option Volume

Detail
Current (08/07 3:05pm) 13,326
Calls: 5,364 (40%)
Puts: 7,962 (60%)
Prior (08/06) 14,449
Calls: 7,271 (50%)
Puts: 7,178 (50%)
Current vs Prior -7.77%
Calls: -26.23% (Calls)
Puts: +10.92% (Puts)
Prior 7-Day Total 358,917
Calls: 68,082 (19%)
Puts: 290,835 (81%)
Prior 7-Day Average 51,273
Calls: 9,726 (19%)
Puts: 41,547 (81%)
Current vs Prior 7-Day Avg -74.01%
Calls: -44.85%
Puts: -80.84%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/07 3:05pm) $2.50M
Calls: $1.88M (75%)
Puts: $628.1K (25%)
Prior (08/06) $1.55M
Calls: $503.1K (33%)
Puts: $1.04M (67%)
Current vs Prior +61.84%
Calls: +272.73%
Puts: -39.82%
Prior 7-Day Total $32.00M
Calls: $10.45M (33%)
Puts: $21.56M (67%)
Prior 7-Day Average $4.57M
Calls: $1.49M (33%)
Puts: $3.08M (67%)
Current vs Prior 7-Day Avg -45.24%
Calls: +25.67%
Puts: -79.60%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07 3:05pm) 1.48
Prior (08/06) 0.99
Current vs Prior +50.36%
Prior 7-Day Average 2.26
Current vs Prior 7-Day Avg -34.19%
Sentiment BEARISH

Open Interest

Detail
Current (08/07 3:05pm) 516,088
Calls: 121,436 (24%)
Puts: 394,652 (76%)
Prior (08/06) 509,859
Calls: 118,246 (23%)
Puts: 391,613 (77%)
Current vs Prior +1.22%
Prior 7-Day Total 3,289,172
Calls: 733,886 (22%)
Puts: 2,555,286 (78%)
Prior 7-Day Average 469,881
Calls: 104,840 (22%)
Puts: 365,040 (78%)
Current vs Prior 7-Day Avg +9.83%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 0.65% | 1.99%2.78% | 4.87%
Prior 1.40% | 2.35%3.05% | 5.07%
Current vs Prior -53.66% | -15.27%-8.99% | -3.91%
Prior 7-Day Avg 1.60% | 2.54%3.52% | 5.50%
Current vs 7-Day Avg -59.51% | -21.76%-21.14% | -11.42%
Prior 7-Day Eod 1.40% | 2.35%3.14% | 5.21%
Current vs 7-Day Eod -53.66% | -15.27%-11.51% | -6.44%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 47.12% | 11.82%
Calls: 53.33% | 11.69%
Puts: 40.91% | 11.96%
Prior 10.17% | 9.62%
Calls: 6.56% | 7.55%
Puts: 13.79% | 11.70%
Current vs Prior +363.32% | +22.87%
Prior 7-Day Avg 19.84% | 9.17%
Calls: 18.28% | 7.83%
Puts: 21.40% | 10.50%
Current vs 7-Day Avg +137.50% | +28.96%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($1.88M). Elevated premium activity with dollar volume up 62% vs prior. Bearish P/C ratio of 1.48 indicates protective positioning. P/C ratio rising 50% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 90 of results (avg 6.8%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Sep 1816.2016.60$16.402.4%--0.9976
$77.00Aug 148.058.25$8.152.5%10.99--
$70.00Sep 1815.2015.60$15.402.6%--0.9872
$74.00Sep 1811.3011.60$11.452.6%--0.9725
$71.00Sep 1814.2014.60$14.402.8%--0.98158
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.50Aug 140.450.46$0.462.2%530.37632
$95.00Sep 189.7010.20$9.955.0%10.942
$88.00Sep 183.353.55$3.455.8%2000.72611
$91.00Sep 185.856.20$6.035.8%--0.8829
$90.00Sep 184.955.25$5.105.9%--0.8371

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 39 found (avg $0.60, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 140.060.07$0.0714.3%90.07209
$87.00Aug 140.140.17$0.1618.8%260.16190
$86.00Aug 140.330.39$0.3616.7%1100.31243
$87.00Aug 210.370.43$0.4015.0%1090.251.6K
$90.00Sep 180.390.44$0.4211.9%330.175.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Aug 210.230.25$0.248.3%330.16771
$79.00Sep 180.220.26$0.2416.7%240.101.1K
$84.00Aug 140.280.33$0.3116.1%280.28614
$82.50Aug 280.350.42$0.3917.9%190.21180
$83.50Aug 210.400.46$0.4314.0%550.27687

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 112 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Aug 714.6516.20$15.4310.0%761.00--
$74.00Aug 710.7012.20$11.4513.1%760.9911
$75.00Aug 79.7011.20$10.4514.4%--0.9911
$76.00Aug 78.759.20$8.985.0%80.994
$77.00Aug 77.808.20$8.005.0%20.992
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Aug 70.350.53$0.4440.9%21.00606
$86.00Aug 70.851.10$0.9825.5%81.0088
$87.00Aug 71.822.04$1.9311.4%--1.0029
$87.50Aug 72.322.54$2.439.1%11.001
$86.50Aug 71.321.54$1.4315.4%--0.9853

Most actively traded options today. High liquidity = easy entry/exit. 165 active (total vol 10.7K, top 2.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 140.080.11$0.1030.0%4000.10445
$87.00Sep 181.071.19$1.1310.6%3180.363.9K
$84.50Aug 141.001.13$1.0712.1%3060.63145
$86.00Sep 111.231.42$1.3314.3%2660.424
$87.00Sep 110.901.03$0.9713.4%2660.3417
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 210.530.62$0.5715.8%2.6K0.331.4K
$84.00Aug 70.000.03$0.02150.0%6230.052.0K
$84.00Sep 181.141.22$1.186.8%4220.3912.4K
$88.00Aug 212.913.20$3.069.5%2250.86578
$88.00Sep 183.353.55$3.455.8%2000.72611

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 63 strikes (avg 735.6%, max 2343.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Aug 7Sep 18676.8%27.7%2343.5%7672
$74.00Aug 7Sep 18500.1%22.2%2154.6%7636
$75.00Aug 7Sep 18455.5%20.6%2109.3%--155
$76.00Aug 7Sep 18414.6%19.8%1990.7%863
$77.00Aug 7Sep 18370.1%18.9%1858.1%2113
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$77.00Aug 7Sep 18370.1%18.9%1858.1%6726
$78.00Aug 7Sep 18328.3%18.4%1687.7%115.5K
$79.00Aug 7Sep 18286.1%17.3%1551.7%241.1K
$80.00Aug 7Sep 18243.7%16.8%1348.5%11412.9K
$79.50Aug 7Aug 28264.9%18.9%1298.3%--42

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 75 found (best R:R 9.53, avg 2.23)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$91.00Sep 4$0.19$1.81$0.199.53$89.19
$90.00$91.00Sep 18$0.12$0.88$0.127.33$90.12
$89.00$90.00Sep 18$0.13$0.87$0.136.69$89.13
$88.00$89.00Sep 4$0.18$0.82$0.184.56$88.18
$85.00$85.50Aug 7$0.10$0.40$0.104.00$85.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$79.00Sep 18$0.10$0.90$0.109.00$79.90
$81.00$80.00Sep 18$0.11$0.89$0.118.09$80.89
$82.00$81.00Sep 18$0.17$0.83$0.174.88$81.83
$83.50$83.00Aug 21$0.11$0.39$0.113.55$83.39
$83.00$82.00Sep 18$0.25$0.75$0.253.00$82.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 102 found (best R:R 7.82, avg 1.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.50$82.00Aug 28$1.33$1.33$0.177.82$81.83
$77.00$78.00Sep 18$0.87$0.87$0.136.69$77.87
$81.00$82.00Sep 18$0.80$0.80$0.204.00$81.80
$82.50$83.00Aug 28$0.39$0.39$0.113.55$82.89
$82.00$83.00Sep 18$0.78$0.78$0.223.55$82.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$90.00$89.00Sep 18$0.88$0.88$0.127.33$89.12
$87.50$87.00Aug 28$0.39$0.39$0.113.55$87.11
$89.00$86.50Sep 4$1.93$1.93$0.573.39$87.07
$89.00$88.00Sep 18$0.77$0.77$0.233.35$88.23
$85.50$85.00Aug 7$0.37$0.37$0.132.85$85.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $0.23, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$94.00Aug 21Sep 4$0.0525.1%20.4%
$96.00Aug 21Sep 18$0.0528.1%19.3%
$88.00Aug 7Aug 14$0.06145.7%16.9%
$87.50Aug 7Aug 14$0.09124.9%16.2%
$81.00Aug 7Aug 14$0.10198.7%20.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Aug 21Sep 18$0.0530.4%20.6%
$82.00Aug 7Aug 14$0.06154.8%18.2%
$87.50Aug 7Aug 14$0.06124.9%16.2%
$74.00Aug 21Sep 18$0.0631.4%22.2%
$88.00Aug 14Aug 21$0.0816.9%16.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 105 found (cheapest 0.21% of stock, avg 5.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.00Aug 7$0.11$0.07$0.18$84.82$85.180.21%
$85.50Aug 7$0.01$0.44$0.45$85.05$85.950.53%
$84.50Aug 7$0.55$0.01$0.56$83.94$85.060.66%
$86.00Aug 7$0.01$0.98$0.99$85.01$86.991.16%
$84.00Aug 7$1.07$0.02$1.09$82.91$85.091.28%
$85.00Aug 14$0.77$0.67$1.44$83.56$86.441.69%
$86.50Aug 7$0.02$1.43$1.45$85.05$87.951.71%
$85.50Aug 14$0.53$0.92$1.45$84.05$86.951.71%
$84.50Aug 14$1.07$0.46$1.53$82.97$86.031.80%
$83.50Aug 7$1.58$0.02$1.60$81.90$85.101.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.04% of stock, avg 1.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$84.00Aug 7$0.01$0.02$0.03$83.97$85.53
$85.50$85.00Aug 7$0.01$0.07$0.08$84.92$85.58
$87.50$83.00Aug 14$0.10$0.15$0.25$82.75$87.75
$87.00$83.00Aug 14$0.16$0.15$0.31$82.69$87.31
$87.50$83.50Aug 14$0.10$0.22$0.32$83.18$87.82
$86.50$83.00Aug 14$0.23$0.15$0.38$82.62$86.88
$87.00$83.50Aug 14$0.16$0.22$0.38$83.12$87.38
$87.50$84.00Aug 14$0.10$0.31$0.41$83.59$87.91
$86.50$83.50Aug 14$0.23$0.22$0.45$83.05$86.95
$87.00$84.00Aug 14$0.16$0.31$0.47$83.53$87.47

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 43 found (best R:R 4.00, avg credit $0.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8486/86Aug 28$0.40$0.104.00$84.10$85.90
84/8485/86Aug 14$0.39$0.113.55$84.11$85.39
83/8484/85Aug 21$0.39$0.113.55$83.11$84.89
85/8686/86Aug 28$0.39$0.113.55$85.11$86.39
84/8486/87Sep 4$0.39$0.113.55$83.61$86.89
85/8687/88Sep 4$0.39$0.113.55$85.11$87.39
84/8486/86Sep 4$0.38$0.123.17$84.12$85.88
82/8285/86Sep 11$0.38$0.123.17$82.12$85.38
85/8686/87Sep 11$0.38$0.123.17$85.12$86.88
85/8687/88Sep 11$0.38$0.123.17$85.12$87.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$76.00$77.00$78.00Aug 7$0.06$0.9415.67
$84.00$85.00$86.00Sep 18$0.08$0.9211.50
$86.00$87.00$88.00Sep 18$0.08$0.9211.50
$82.00$83.00$84.00Sep 18$0.09$0.9110.11
$80.00$81.00$82.00Aug 21$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$78.00$79.00$80.00Sep 18$0.05$0.9519.00
$89.00$90.00$91.00Sep 18$0.05$0.9519.00
$80.00$81.00$82.00Sep 18$0.06$0.9415.67
$82.00$83.00$84.00Sep 18$0.06$0.9415.67
$81.00$82.00$83.00Sep 18$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 98 found (best net $-0.02, 91 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$96.00$100.001:2Sep 18-$0.02$3.98
$91.00$94.001:2Sep 4$0.00$3.00
$92.00$95.001:2Aug 28-$0.01$2.99
$75.00$79.001:2Aug 21-$2.30$1.70
$90.50$92.001:2Aug 28-$0.03$1.47
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$89.00$86.501:2Sep 4-$0.24$2.26
$73.00$71.001:2Aug 21-$0.03$1.97
$95.00$91.001:2Sep 18-$2.11$1.89
$79.00$78.001:2Aug 21$0.00$1.00
$71.00$70.001:2Sep 18-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 1.78%, avg 0.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.50Sep 11$1.510.470.6%1.78%2.35%7633
$86.00Sep 18$1.430.431.2%1.68%2.85%1993.5K
$85.50Sep 4$1.290.470.6%1.52%2.09%159
$86.00Sep 11$1.230.421.2%1.45%2.61%2664
$85.50Aug 28$1.090.450.6%1.28%1.86%177201
$86.50Sep 11$1.080.381.8%1.27%3.02%7612
$87.00Sep 18$1.070.362.3%1.26%3.60%3183.9K
$86.00Sep 4$1.060.421.2%1.25%2.41%12015
$87.00Sep 11$0.900.342.3%1.06%3.40%26617
$86.50Sep 4$0.860.371.8%1.01%2.76%--20

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 5,364
Total Puts 7,962
Put/Call Ratio 1.48
Net Difference -2,598

Prior's Put/Call Breakdown

Total Calls 7,271
Total Puts 7,178
Put/Call Ratio 0.99
Net Difference 93

Prior 7-Day Put/Call Summary

Total Calls 68,082
Total Puts 290,835
Average Put/Call Ratio 2.26
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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