Tour v492
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.11 -0.26%
$85.14 (+0.04%)🌙
as of 08/06 06:14 PM
8/6 18:14

Option Volume

Detail
Current (08/06) 16,348
Calls: 7,830 (48%)
Puts: 8,518 (52%)
Prior (08/05) 180,165
Calls: 5,300 (3%)
Puts: 174,865 (97%)
Current vs Prior -90.93%
Calls: +47.74% (Calls)
Puts: -95.13% (Puts)
Prior 7-Day Total 458,427
Calls: 81,160 (18%)
Puts: 377,267 (82%)
Prior 7-Day Average 65,489
Calls: 11,594 (18%)
Puts: 53,895 (82%)
Current vs Prior 7-Day Avg -75.04%
Calls: -32.47%
Puts: -84.20%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/06) $2.59M
Calls: $1.21M (47%)
Puts: $1.38M (53%)
Prior (08/05) $14.83M
Calls: $1.04M (7%)
Puts: $13.80M (93%)
Current vs Prior -82.55%
Calls: +17.06%
Puts: -90.03%
Prior 7-Day Total $64.86M
Calls: $16.39M (25%)
Puts: $48.48M (75%)
Prior 7-Day Average $9.27M
Calls: $2.34M (25%)
Puts: $6.93M (75%)
Current vs Prior 7-Day Avg -72.06%
Calls: -48.14%
Puts: -80.14%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06) 1.09
Prior (08/05) 32.99
Current vs Prior -96.70%
Prior 7-Day Average 2.80
Current vs Prior 7-Day Avg -61.14%
Sentiment BEARISH

Open Interest

Detail
Current (08/06) 295,574
Calls: 70,777 (24%)
Puts: 224,797 (76%)
Prior (08/05) 286,087
Calls: 67,134 (23%)
Puts: 218,953 (77%)
Current vs Prior +3.32%
Prior 7-Day Total 2,415,898
Calls: 562,193 (23%)
Puts: 1,853,705 (77%)
Prior 7-Day Average 345,128
Calls: 80,313 (23%)
Puts: 264,815 (77%)
Current vs Prior 7-Day Avg -14.36%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.44% | 5.64%3.14% | 5.21%
Prior 5.09% | 4.18%3.14% | 5.00%
Current vs Prior -12.68% | +34.80%-0.11% | +4.01%
Prior 7-Day Avg 3.75% | 3.68%4.22% | 5.69%
Current vs 7-Day Avg +18.32% | +53.44%-25.58% | -8.47%
Prior 7-Day Eod 5.09% | 4.18%3.14% | 5.00%
Current vs 7-Day Eod -12.68% | +34.80%-0.11% | +4.01%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 19.30% | 8.04%
Calls: 22.22% | 8.24%
Puts: 16.39% | 7.84%
Prior 10.17% | 9.62%
Calls: 6.56% | 7.55%
Puts: 13.79% | 11.70%
Current vs Prior +89.77% | -16.42%
Prior 7-Day Avg 20.34% | 9.68%
Calls: 19.12% | 8.28%
Puts: 21.57% | 11.07%
Current vs 7-Day Avg -5.13% | -16.91%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 83% vs prior. Below-average activity with volume down 91% vs prior. Slightly bearish P/C ratio of 1.09. P/C ratio dropping 97% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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. 53 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Aug 75.559.50$7.5352.5%11.00--
$78.50Aug 74.859.00$6.9359.9%11.00--
$80.50Aug 73.506.35$4.9357.8%11.002
$84.00Aug 70.004.80$2.40200.0%70.93296
$75.00Aug 148.5011.80$10.1532.5%20.923
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 71.522.94$2.2363.7%3111.00--
$94.00Aug 76.7511.50$9.1352.0%21.00--
$100.00Aug 712.8017.50$15.1531.0%20.90--
$95.00Aug 78.2010.35$9.2723.2%80.87--
$87.00Aug 211.492.71$2.1058.1%10.86841

Most actively traded options today. High liquidity = easy entry/exit. 156 active (total vol 14.4K, top 3.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Aug 70.031.35$0.69191.3%2.5K0.54237
$86.00Aug 210.101.30$0.70171.4%4450.454.0K
$86.50Aug 140.174.95$2.56186.7%4150.43844
$86.00Sep 181.434.20$2.8298.2%3640.483.2K
$87.50Aug 140.001.02$0.51200.0%3590.23124
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Sep 180.441.74$1.09119.3%3.4K0.379.3K
$83.00Sep 180.551.10$0.8366.3%5680.2912.5K
$82.00Sep 180.400.93$0.6779.1%4070.234.8K
$83.00Aug 210.150.90$0.53141.5%3650.243.6K
$84.00Aug 210.302.10$1.20150.0%3340.361.4K

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 281.4%, max 1086.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$88.00Aug 7Sep 18194.8%16.9%1051.7%873.7K
$84.50Aug 7Sep 11173.9%25.1%593.6%25142
$85.50Aug 7Sep 11147.1%25.6%475.7%2.6K255
$86.50Aug 7Sep 11159.3%31.1%411.5%120297
$82.50Aug 14Aug 2170.0%18.2%284.0%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$83.50Aug 7Sep 4200.8%16.9%1086.9%494.3K
$88.00Aug 7Sep 18194.8%16.9%1051.7%367560
$85.50Aug 7Sep 4147.1%18.6%689.6%5533
$84.50Aug 7Sep 4173.9%37.7%361.0%81378
$75.00Aug 21Sep 1898.0%25.3%287.1%18138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 31 found (best R:R 16.65, avg 3.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$84.00$85.00Aug 21$0.10$0.90$0.109.00$84.10
$83.00$84.00Aug 14$0.15$0.85$0.155.67$83.15
$85.50$86.00Sep 4$0.10$0.40$0.104.00$85.60
$84.50$85.50Sep 11$0.23$0.77$0.233.35$84.73
$90.00$93.00Sep 18$0.69$2.31$0.693.35$90.69
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$79.00Aug 14$0.17$2.83$0.1716.65$81.83
$95.00$94.00Aug 7$0.14$0.86$0.146.14$94.86
$83.00$82.00Sep 18$0.16$0.84$0.165.25$82.84
$78.00$77.00Sep 18$0.18$0.82$0.184.56$77.82
$86.50$86.00Sep 11$0.10$0.40$0.104.00$86.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 45.15, avg 2.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$82.50Aug 14$6.99$6.99$0.5113.71$81.99
$82.00$82.50Aug 21$0.39$0.39$0.113.55$82.39
$81.50$82.00Aug 21$0.38$0.38$0.123.17$81.88
$86.50$87.00Aug 21$0.37$0.37$0.132.85$86.87
$80.50$84.00Aug 7$2.53$2.53$0.972.61$83.03
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$94.00$88.00Aug 7$5.87$5.87$0.1345.15$88.13
$95.00$86.00Aug 14$7.65$7.65$1.355.67$87.35
$90.00$86.50Sep 4$2.57$2.57$0.932.76$87.43
$87.00$86.00Sep 18$0.59$0.59$0.411.44$86.41
$84.00$83.50Aug 28$0.29$0.29$0.211.38$83.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.81, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$90.00Aug 14Aug 21$0.0626.5%18.2%
$84.50Aug 7Sep 11$0.10173.9%25.1%
$86.50Aug 7Aug 14$0.15159.3%68.3%
$87.00Aug 7Aug 14$0.3931.8%28.1%
$87.50Aug 7Aug 14$0.5020.8%30.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Aug 14Aug 21$0.0822.5%25.2%
$84.50Aug 7Aug 14$0.17173.9%52.0%
$82.00Aug 7Aug 14$0.1841.7%20.1%
$80.50Aug 7Aug 28$0.2056.7%19.8%
$81.00Aug 7Aug 21$0.2651.9%24.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 40 found (cheapest 2.14% of stock, avg 4.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.50Aug 21$0.83$0.99$1.82$83.68$87.322.14%
$85.00Aug 7$1.38$0.58$1.96$83.04$86.962.30%
$86.00Aug 21$0.70$1.41$2.11$83.89$88.112.48%
$87.50Aug 7$0.01$2.23$2.24$85.26$89.742.63%
$84.00Aug 7$2.40$0.05$2.45$81.55$86.452.88%
$87.00Aug 21$0.40$2.10$2.50$84.50$89.502.94%
$85.00Aug 21$1.68$0.89$2.57$82.43$87.573.02%
$85.00Aug 28$1.62$0.97$2.59$82.41$87.593.04%
$86.50Aug 21$0.77$1.84$2.61$83.89$89.113.07%
$84.00Aug 21$1.78$1.20$2.98$81.02$86.983.50%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.22% of stock, avg 3.76%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$87.00$84.00Aug 7$0.14$0.05$0.19$83.81$87.19
$86.00$84.00Aug 7$0.51$0.05$0.56$83.44$86.56
$87.00$85.00Aug 7$0.14$0.58$0.72$84.28$87.72
$87.00$83.50Aug 14$0.53$0.36$0.89$82.61$87.89
$87.00$84.00Aug 14$0.53$0.37$0.90$83.10$87.90
$87.00$83.00Aug 14$0.53$0.38$0.91$82.09$87.91
$86.00$85.00Aug 7$0.51$0.58$1.09$83.91$87.09
$89.00$81.00Sep 18$0.66$0.46$1.12$79.88$90.12
$87.00$84.50Aug 21$0.40$0.84$1.24$83.26$88.24
$87.00$85.00Aug 21$0.40$0.89$1.29$83.71$88.29

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 33 found (best R:R 11.50, avg credit $0.81)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8286/87Aug 28$1.38$0.1211.50$80.62$87.88
86/8788/89Sep 18$0.87$0.136.69$86.13$88.87
77/7881/82Sep 18$0.86$0.146.14$77.14$81.86
77/7882/83Sep 18$0.85$0.155.67$77.15$82.85
84/8588/89Sep 18$0.81$0.194.26$84.19$88.81
85/8688/89Sep 18$0.79$0.213.76$85.21$88.79
79/8286/87Aug 14$2.20$0.802.75$79.80$88.70
78/7984/85Sep 18$0.73$0.272.70$78.27$84.73
78/7988/89Sep 18$0.61$0.391.56$78.39$88.61
81/8284/85Sep 18$0.61$0.391.56$81.39$84.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 25 found (best R:R 11.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$86.00$86.50$87.00Sep 4$0.14$0.362.57
$85.50$86.00$86.50Sep 4$0.16$0.342.12
$85.50$86.00$86.50Aug 21$0.20$0.301.50
$85.50$86.00$86.50Aug 14$0.29$0.210.72
$83.00$84.00$85.00Sep 18$0.68$0.320.47
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$86.00$87.00Sep 18$0.08$0.9211.50
$84.50$85.00$85.50Aug 21$0.05$0.459.00
$82.00$83.00$84.00Sep 18$0.10$0.909.00
$82.50$83.00$83.50Aug 28$0.06$0.447.33
$77.00$78.00$79.00Sep 18$0.15$0.855.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.26, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$88.00$90.001:2Aug 14-$0.07$1.93
$88.00$89.501:2Aug 21-$0.39$1.11
$90.00$91.001:2Aug 21-$0.16$0.84
$84.00$85.001:2Aug 28-$0.30$0.70
$85.50$86.501:2Aug 28-$0.30$0.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$90.00$86.501:2Sep 4-$0.26$3.24
$77.00$75.001:2Sep 18-$0.26$1.74
$100.00$95.001:2Aug 7-$3.39$1.61
$79.00$78.001:2Aug 21-$0.06$0.94
$81.00$80.001:2Aug 21-$0.15$0.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 1.68%, avg 0.41%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$86.00Sep 18$1.430.481.1%1.68%2.73%3643.2K
$88.00Sep 18$0.580.313.4%0.68%4.08%773.5K
$89.00Sep 18$0.490.244.6%0.58%5.15%332.1K
$86.50Sep 11$0.370.451.6%0.43%2.07%11629
$87.00Sep 4$0.360.482.2%0.42%2.64%19044
$87.00Aug 28$0.310.342.2%0.36%2.58%1--
$86.50Sep 4$0.270.501.6%0.32%1.95%12441
$90.00Sep 18$0.260.275.8%0.31%6.05%185.7K
$87.50Aug 21$0.210.442.8%0.25%3.05%12959
$86.50Aug 28$0.210.421.6%0.25%1.88%12291

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 7,830
Total Puts 8,518
Put/Call Ratio 1.09
Net Difference -688

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 81,160
Total Puts 377,267
Average Put/Call Ratio 2.80
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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