Tour v528
XLU
State StreetUtilSelSectSPDRETF
$41.10 -1.42%
$41.29 (+0.46%)🌙
as of 09/18 06:04 PM
9/18 18:04

Option Volume

Detail
Current (09/18) 83,372
Calls: 22,567 (27%)
Puts: 60,805 (73%)
Prior (09/17) 77,931
Calls: 15,617 (20%)
Puts: 62,314 (80%)
Current vs Prior +6.98%
Calls: +44.50% (Calls)
Puts: -2.42% (Puts)
Prior 7-Day Total 361,332
Calls: 171,431 (47%)
Puts: 189,901 (53%)
Prior 7-Day Average 51,618
Calls: 24,490 (47%)
Puts: 27,128 (53%)
Current vs Prior 7-Day Avg +61.51%
Calls: -7.85%
Puts: +124.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/18) $7.94M
Calls: $1.96M (25%)
Puts: $5.99M (75%)
Prior (09/17) $11.00M
Calls: $1.20M (11%)
Puts: $9.80M (89%)
Current vs Prior -27.78%
Calls: +62.61%
Puts: -38.87%
Prior 7-Day Total $33.94M
Calls: $11.05M (33%)
Puts: $22.89M (67%)
Prior 7-Day Average $4.85M
Calls: $1.58M (33%)
Puts: $3.27M (67%)
Current vs Prior 7-Day Avg +63.81%
Calls: +23.85%
Puts: +83.11%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/18) 2.69
Prior (09/17) 3.99
Current vs Prior -32.47%
Prior 7-Day Average 1.39
Current vs Prior 7-Day Avg +94.04%
Sentiment BEARISH

Open Interest

Detail
Current (09/18) 1,952,343
Calls: 628,846 (32%)
Puts: 1,323,497 (68%)
Prior (09/17) 1,948,873
Calls: 622,577 (32%)
Puts: 1,326,296 (68%)
Current vs Prior +0.18%
Prior 7-Day Total 13,433,999
Calls: 4,197,469 (31%)
Puts: 9,236,530 (69%)
Prior 7-Day Average 1,919,142
Calls: 599,638 (31%)
Puts: 1,319,504 (69%)
Current vs Prior 7-Day Avg +1.73%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 1.56% | 2.94%1.56% | 5.64%
Prior 1.75% | 2.83%1.75% | 4.75%
Current vs Prior +68.13% | +180.24%-11.07% | +18.86%
Prior 7-Day Avg 1.94% | 3.09%2.21% | 5.89%
Current vs 7-Day Avg +51.47% | +156.88%-29.54% | -4.22%
Prior 7-Day Eod 1.41% | 2.55%1.75% | 4.75%
Current vs 7-Day Eod +109.38% | +211.61%-11.07% | +18.86%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 46.30% | 7.73%
Calls: 66.67% | 8.33%
Puts: 25.93% | 7.14%
Prior 33.59% | 30.59%
Calls: 32.00% | 41.67%
Puts: 35.19% | 19.51%
Current vs Prior +37.84% | -74.73%
Prior 7-Day Avg 29.61% | 18.60%
Calls: 30.10% | 25.74%
Puts: 23.72% | 12.74%
Current vs 7-Day Avg +56.36% | -58.45%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 75% of dollar volume in puts ($5.99M) vs calls ($1.96M). Dollar volume significantly above 7-day average (64% higher). Extreme bearish P/C ratio of 2.69 - heavy put buying. P/C ratio dropping 32% - sentiment shifting bullish.

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 1 of results (avg 8.9%, best 8.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Sep 185.906.45$6.188.9%10.90531
PUTS (0)
No puts meet the criteria

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. 97 found (avg delta 0.86, highest 1.04)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.00Oct 22.616.50$4.5685.3%101.046
$36.50Sep 182.706.80$4.7586.3%211.0056
$37.00Sep 182.656.45$4.5583.5%31.00100
$37.50Sep 182.554.40$3.4853.2%11.0033
$38.00Sep 182.813.35$3.0817.5%11.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Oct 21.812.48$2.1531.2%161.00234
$43.50Oct 20.855.00$2.93141.6%11.00100
$44.00Oct 22.793.40$3.1019.7%261.0048
$45.00Oct 21.776.50$4.14114.3%--1.0087
$45.50Oct 22.267.00$4.63102.4%--1.0010

Most actively traded options today. High liquidity = easy entry/exit. 174 active (total vol 45.9K, top 8.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Oct 300.001.00$0.50200.0%5.6K0.24107
$41.50Sep 250.000.15$0.08187.5%3.9K0.223.2K
$42.00Oct 160.240.36$0.3040.0%1.3K0.2719.2K
$42.50Oct 90.004.80$2.40200.0%1.2K0.4543
$42.00Sep 250.040.06$0.0540.0%7080.12683
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Oct 160.210.36$0.2853.6%8.9K0.3010.4K
$39.50Oct 300.004.80$2.40200.0%5.6K0.422
$41.00Sep 250.070.90$0.49169.4%3.4K0.481.0K
$39.00Oct 160.000.15$0.08187.5%2.9K0.11182
$42.50Sep 181.011.68$1.3549.6%1.6K0.9811.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 1526.6%, max 5112.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$34.00Sep 18Oct 163264.1%62.6%5112.1%3238
$36.00Sep 18Oct 162412.4%103.2%2237.7%5125
$46.50Sep 25Oct 23193.2%17.7%990.0%--37
$41.50Sep 18Oct 30241.8%28.0%762.6%581.0K
$41.00Sep 18Oct 2333.0%21.5%53.5%38185
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$36.00Sep 18Oct 162412.4%103.2%2237.7%123
$41.50Sep 18Oct 30241.8%28.0%762.6%1924.2K
$41.00Sep 18Oct 3033.0%21.0%56.8%1846.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 32 found (best R:R 1.73, avg 2.42)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$38.00$39.50Oct 2$0.55$0.95$0.5575%1.73$38.55
$38.00$41.50Oct 30$2.26$1.24$2.26100%0.55$40.26
$36.50$37.00Sep 18$0.20$0.30$0.20100%1.50$36.70
$35.00$35.50Sep 18$0.18$0.32$0.1890%1.78$35.18
$41.50$42.00Oct 2$0.18$0.32$0.1873%1.78$41.68
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$44.00$43.50Oct 2$0.17$0.33$0.17100%1.94$43.83
$44.50$44.00Sep 18$0.19$0.31$0.1998%1.63$44.31
$43.00$42.00Oct 16$0.54$0.46$0.5485%0.85$42.46
$42.00$41.50Oct 9$0.14$0.36$0.1452%2.57$41.86
$41.50$41.00Sep 25$0.15$0.35$0.1578%2.33$41.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 2.33, avg 0.96)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$43.50$44.00Oct 9$0.39$0.39$0.1175%3.55$43.89
$45.50$46.00Oct 23$0.29$0.29$0.2182%1.38$45.79
$43.00$43.50Oct 30$0.25$0.25$0.2576%1.00$43.25
$41.50$42.00Oct 23$0.34$0.34$0.1645%2.13$41.84
$43.00$43.50Oct 23$0.20$0.20$0.3072%0.67$43.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$36.00$35.00Sep 18$0.70$0.70$0.3079%2.33$35.30
$40.50$40.00Oct 2$0.32$0.32$0.1872%1.78$40.18
$41.00$40.50Sep 25$0.33$0.33$0.1752%1.94$40.67
$40.50$40.00Oct 9$0.28$0.28$0.2260%1.27$40.22
$39.00$37.00Oct 2$0.13$0.13$1.8789%0.07$38.87

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 69 found (cheapest 0.56% of stock, avg 6.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$41.00Sep 18$0.22$0.01$0.23$40.77$41.230.56%
$41.50Sep 18$0.14$0.42$0.56$40.94$42.061.36%
$41.50Sep 25$0.08$0.64$0.72$40.78$42.221.75%
$40.50Sep 18$0.77$0.01$0.78$39.72$41.281.90%
$40.50Sep 25$0.73$0.16$0.89$39.61$41.392.17%
$42.00Sep 18$0.01$0.93$0.94$41.06$42.942.29%
$41.00Sep 25$0.57$0.49$1.06$39.94$42.062.58%
$41.50Oct 2$0.28$0.78$1.06$40.44$42.562.58%
$41.00Oct 9$0.52$0.60$1.12$39.88$42.122.73%
$42.00Sep 25$0.05$1.11$1.16$40.84$43.162.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 138 found (cheapest 0.17% of stock, avg 3.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.50$40.00Sep 25$0.02$0.05$0.07$39.93$42.57
$42.00$40.00Sep 25$0.05$0.05$0.10$39.90$42.10
$45.00$38.00Oct 16$0.06$0.05$0.11$37.89$45.11
$44.00$38.00Oct 16$0.07$0.05$0.12$37.88$44.12
$45.00$40.00Sep 25$0.07$0.05$0.12$39.88$45.12
$43.50$40.00Oct 2$0.03$0.10$0.13$39.87$43.63
$45.00$39.00Oct 16$0.06$0.08$0.14$38.86$45.14
$41.50$40.00Sep 25$0.08$0.05$0.13$39.87$41.63
$44.00$39.00Oct 16$0.07$0.08$0.15$38.85$44.15
$42.50$39.50Sep 25$0.02$0.13$0.15$39.35$42.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 4.88, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
35/3642/42Sep 18$0.83$0.1750%4.88$35.17$42.33
40/4043/44Oct 23$0.32$0.1842%1.78$40.18$43.32
39/4042/43Oct 16$0.35$0.6543%0.54$39.65$42.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 49 found (best R:R 4.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$37.00$38.00$39.00Sep 25$0.11$0.8936%8.09
$36.00$37.00$38.00Oct 16$0.10$0.9028%9.00
$42.00$43.00$44.00Oct 16$0.07$0.9319%13.29
$43.00$44.00$45.00Oct 16$0.07$0.939%13.29
$42.00$42.50$43.00Oct 23$0.07$0.4311%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$41.00$41.50$42.00Sep 18$0.10$0.4079%4.00
$39.00$40.00$41.00Oct 16$0.21$0.7946%3.76
$41.50$42.00$42.50Oct 23$0.13$0.3753%2.85
$41.50$42.00$42.50Oct 2$0.06$0.4415%7.33
$38.00$39.00$40.00Oct 16$0.17$0.8324%4.88

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 73 found (best net $-0.16, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$37.00$39.001:2Oct 23-$0.16$1.84
$39.00$40.001:2Sep 18-$0.43$0.57
$39.00$40.001:2Oct 16-$0.49$0.51
$40.00$40.501:2Sep 18-$0.26$0.24
$41.00$42.001:2Oct 16-$0.11$0.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$44.00$43.001:2Oct 9-$0.08$0.92
$44.00$43.501:2Sep 25-$0.12$0.38
$42.00$41.501:2Oct 30-$0.08$0.42
$42.00$41.501:2Sep 25-$0.17$0.33
$43.00$42.001:2Oct 30-$0.63$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 0.29%, avg 0.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$42.00Oct 9$0.120.482.2%0.29%2.48%1460
$42.00Oct 16$0.240.272.2%0.58%2.77%1.3K19.2K
$44.50Oct 30$0.080.108.3%0.19%8.47%14
$43.00Oct 16$0.130.144.6%0.32%4.94%2188.5K

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 22,567
Total Puts 60,805
Put/Call Ratio 2.69
Net Difference -38,238

Prior's Put/Call Breakdown

Total Calls 15,617
Total Puts 62,314
Put/Call Ratio 3.99
Net Difference -46,697

Prior 7-Day Put/Call Summary

Total Calls 171,431
Total Puts 189,901
Average Put/Call Ratio 1.39
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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