Tour v528
XLU
State StreetUtilSelSectSPDRETF
$40.66 -0.34%
$40.74 (+0.19%)🌙
as of 09/21 06:05 PM
9/21 18:05

Option Volume

Detail
Current (09/21) 46,088
Calls: 18,950 (41%)
Puts: 27,138 (59%)
Prior (09/18) 83,372
Calls: 22,567 (27%)
Puts: 60,805 (73%)
Current vs Prior -44.72%
Calls: -16.03% (Calls)
Puts: -55.37% (Puts)
Prior 7-Day Total 339,859
Calls: 156,856 (46%)
Puts: 183,003 (54%)
Prior 7-Day Average 56,643
Calls: 22,408 (46%)
Puts: 26,143 (54%)
Current vs Prior 7-Day Avg -18.63%
Calls: -15.43%
Puts: +3.80%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/21) $2.83M
Calls: $1.24M (44%)
Puts: $1.59M (56%)
Prior (09/18) $7.94M
Calls: $1.96M (25%)
Puts: $5.99M (75%)
Current vs Prior -64.37%
Calls: -36.63%
Puts: -73.43%
Prior 7-Day Total $32.66M
Calls: $10.77M (33%)
Puts: $21.89M (67%)
Prior 7-Day Average $5.44M
Calls: $1.54M (33%)
Puts: $3.13M (67%)
Current vs Prior 7-Day Avg -48.02%
Calls: -19.47%
Puts: -49.14%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/21) 1.43
Prior (09/18) 2.69
Current vs Prior -46.85%
Prior 7-Day Average 1.49
Current vs Prior 7-Day Avg -4.20%
Sentiment BEARISH

Open Interest

Detail
Current (09/21) 1,774,243
Calls: 483,402 (27%)
Puts: 1,290,841 (73%)
Prior (09/18) 1,952,343
Calls: 628,846 (32%)
Puts: 1,323,497 (68%)
Current vs Prior -9.12%
Prior 7-Day Total 11,538,627
Calls: 3,617,833 (31%)
Puts: 7,920,794 (69%)
Prior 7-Day Average 1,923,104
Calls: 602,972 (31%)
Puts: 1,320,132 (69%)
Current vs Prior 7-Day Avg -7.74%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 2.09% | 3.10%3.86% | 6.81%
Prior 2.94% | 7.93%1.56% | 5.64%
Current vs Prior -28.99% | -60.93%+147.96% | +20.69%
Prior 7-Day Avg 2.19% | 3.90%1.96% | 5.82%
Current vs 7-Day Avg -4.43% | -20.47%+97.39% | +17.15%
Prior 7-Day Eod 2.94% | 7.93%1.56% | 5.64%
Current vs 7-Day Eod -28.99% | -60.93%+147.96% | +20.69%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 46.30% | 7.73%
Calls: 66.67% | 8.33%
Puts: 25.93% | 7.14%
Prior 46.30% | 7.73%
Calls: 66.67% | 8.33%
Puts: 25.93% | 7.14%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 29.40% | 18.40%
Calls: 35.46% | 25.17%
Puts: 23.34% | 11.63%
Current vs 7-Day Avg +57.48% | -57.99%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 64% vs prior. Below-average activity with volume down 45% vs prior. Bearish P/C ratio of 1.43 indicates protective positioning. P/C ratio dropping 47% - 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 4 of results (avg 9.3%, best 8.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Oct 25.506.00$5.758.7%100.9460
$35.00Oct 165.606.15$5.889.4%370.973
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Oct 26.857.50$7.189.1%--0.8923
$43.50Oct 22.662.94$2.8010.0%11.00100

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.48, cheapest $0.48)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Oct 300.440.52$0.4816.7%70.3445

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 72 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Sep 255.356.15$5.7513.9%470.9817
$39.00Sep 251.432.09$1.7637.5%40.9710
$35.00Oct 165.606.15$5.889.4%370.973
$35.00Oct 25.506.00$5.758.7%100.9460
$38.50Oct 21.572.63$2.1050.5%250.94--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$43.00Sep 251.952.55$2.2526.7%1121.003.1K
$43.50Sep 252.553.45$3.0030.0%151.00247
$44.00Sep 253.053.75$3.4020.6%101.00145
$44.50Sep 253.504.00$3.7513.3%21.009
$45.00Sep 253.904.65$4.2817.5%11.0014

Most actively traded options today. High liquidity = easy entry/exit. 155 active (total vol 24.0K, top 3.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.00Oct 160.200.26$0.2326.1%2.4K0.2419.9K
$43.00Oct 230.030.38$0.21166.7%1.1K0.171.1K
$42.00Sep 250.030.05$0.0450.0%8850.091.3K
$41.00Sep 250.120.20$0.1650.0%8130.34318
$40.00Oct 161.071.35$1.2123.1%4450.7062
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Oct 300.000.35$0.18194.4%3.5K0.135
$39.00Oct 230.150.26$0.2152.4%3.5K0.1819
$39.00Oct 160.010.17$0.09177.8%1.5K0.123.0K
$40.00Oct 160.220.37$0.3050.0%6130.3117.0K
$42.00Oct 161.181.52$1.3525.2%5170.7714.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 18.7%, max 27.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$40.00Sep 25Oct 3019.6%15.3%27.9%22313
$41.50Sep 25Oct 3018.7%18.4%1.2%4597.1K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$40.00Sep 25Oct 3019.6%15.3%27.9%2761.2K
$40.50Sep 25Oct 3016.8%14.3%17.8%1611.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 52 found (best R:R 0.64, avg 2.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$41.00$41.50Oct 30$0.13$0.37$0.1347%2.85$41.13
$40.00$41.00Oct 23$0.52$0.48$0.5269%0.92$40.52
$40.00$40.50Sep 25$0.31$0.19$0.3181%0.61$40.31
$40.00$40.50Oct 9$0.30$0.20$0.3073%0.67$40.30
$41.00$41.50Oct 2$0.16$0.34$0.1645%2.12$41.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$45.00$44.00Oct 2$0.61$0.39$0.6197%0.64$44.39
$46.00$45.00Oct 16$0.65$0.35$0.65100%0.54$45.35
$45.50$45.00Oct 2$0.15$0.35$0.15100%2.33$45.35
$43.00$42.50Oct 9$0.31$0.19$0.3188%0.61$42.69
$41.50$41.00Oct 2$0.28$0.22$0.2888%0.79$41.22

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 29 found (best R:R 0.35, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$44.50$45.00Oct 9$0.13$0.13$0.3789%0.35$44.63
$41.50$42.00Oct 30$0.26$0.26$0.2460%1.08$41.76
$46.00$46.50Oct 2$0.10$0.10$0.4092%0.25$46.10
$44.50$45.00Oct 16$0.10$0.10$0.4090%0.25$44.60
$43.50$44.00Oct 23$0.11$0.11$0.3985%0.28$43.61
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$39.00$37.00Oct 2$0.14$0.14$1.8685%0.08$38.86
$38.00$37.00Sep 25$0.11$0.11$0.8990%0.12$37.89
$40.00$39.50Oct 30$0.23$0.23$0.2766%0.85$39.77
$40.50$40.00Oct 9$0.23$0.23$0.2758%0.85$40.27
$39.00$38.50Oct 30$0.12$0.12$0.3881%0.32$38.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.15, cheapest $0.14)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$41.00Sep 25Oct 2$0.1516.9%12.9%
$40.50Sep 25Oct 2$0.2716.8%14.7%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$41.00Sep 25Oct 2$0.1416.9%12.9%
$40.50Sep 25Oct 2$0.0616.8%14.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 54 found (cheapest 1.48% of stock, avg 5.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$41.00Sep 25$0.16$0.44$0.60$40.40$41.601.48%
$40.50Sep 25$0.41$0.20$0.61$39.89$41.111.50%
$40.00Sep 25$0.72$0.09$0.81$39.19$40.811.99%
$41.00Oct 2$0.31$0.58$0.89$40.11$41.892.19%
$41.50Sep 25$0.07$0.85$0.92$40.58$42.422.26%
$40.50Oct 2$0.68$0.26$0.94$39.56$41.442.31%
$41.50Oct 2$0.15$0.86$1.01$40.49$42.512.48%
$40.00Oct 2$1.05$0.20$1.25$38.75$41.253.07%
$41.00Oct 9$0.53$0.73$1.26$39.74$42.263.10%
$40.50Oct 9$0.82$0.46$1.28$39.22$41.783.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.25% of stock, avg 1.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.00$39.50Sep 25$0.04$0.06$0.10$39.40$42.10
$41.50$39.50Sep 25$0.07$0.06$0.13$39.37$41.63
$42.00$40.00Sep 25$0.04$0.09$0.13$39.87$42.13
$42.00$38.50Sep 25$0.04$0.11$0.15$38.35$42.15
$42.00$38.00Sep 25$0.04$0.12$0.16$37.84$42.16
$41.50$40.00Sep 25$0.07$0.09$0.16$39.84$41.66
$45.50$39.50Sep 25$0.10$0.06$0.16$39.34$45.66
$42.00$39.50Oct 2$0.07$0.10$0.17$39.33$42.17
$46.50$39.50Sep 25$0.12$0.06$0.18$39.32$46.68
$41.50$38.50Sep 25$0.07$0.11$0.18$38.32$41.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 1.00, avg credit $0.26)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
40/4044/45Oct 9$0.25$0.2562%1.00$39.75$44.75
38/3944/44Oct 23$0.22$0.2866%0.79$38.78$43.72
40/4042/43Oct 30$0.33$0.1742%1.94$39.67$42.83
40/4042/42Oct 30$0.36$0.1436%2.57$39.64$42.36
40/4046/46Oct 2$0.20$0.3066%0.67$39.80$46.20
40/4044/45Oct 16$0.22$0.2860%0.79$39.78$44.72
38/3942/43Oct 30$0.22$0.2858%0.79$38.78$42.72
38/3942/42Oct 30$0.25$0.2551%1.00$38.75$42.25
40/4042/43Oct 16$0.24$0.2649%0.92$39.76$42.74
40/4042/42Oct 9$0.27$0.2340%1.17$39.73$41.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 7.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$40.00$40.50$41.00Sep 25$0.06$0.4447%7.33
$41.00$41.50$42.00Oct 2$0.08$0.4232%5.25
$41.00$41.50$42.00Sep 25$0.06$0.4425%7.33
$41.00$41.50$42.00Oct 23$0.05$0.4519%9.00
$41.00$41.50$42.00Oct 16$0.06$0.4421%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$40.00$40.50$41.00Sep 25$0.13$0.3747%2.85
$40.00$40.50$41.00Oct 23$0.05$0.4523%9.00
$41.00$41.50$42.00Sep 25$0.07$0.4326%6.14
$41.00$41.50$42.00Oct 9$0.07$0.4326%6.14
$39.50$40.00$40.50Sep 25$0.08$0.4228%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 90 found (best net $-0.10, 75 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$38.001:2Oct 16-$0.10$2.90
$38.50$40.001:2Oct 2$0.00$1.50
$38.00$39.501:2Oct 16-$0.15$1.35
$40.00$41.001:2Oct 23-$0.19$0.81
$38.00$39.001:2Sep 25-$0.65$0.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$44.00$42.501:2Oct 23-$0.40$1.10
$42.00$41.001:2Oct 16-$0.09$0.91
$43.00$42.001:2Oct 16-$0.45$0.55
$46.00$44.001:2Oct 9-$1.68$0.32
$42.00$41.501:2Oct 2-$0.37$0.13

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 1.60%, avg 0.62%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$41.00Oct 30$0.650.470.8%1.60%2.43%273--
$41.50Oct 30$0.470.402.1%1.16%3.22%21171
$41.00Oct 23$0.570.460.8%1.40%2.24%2621
$42.00Oct 30$0.320.303.3%0.79%4.08%5376
$41.00Oct 16$0.490.450.8%1.21%2.04%259150
$42.50Oct 30$0.210.234.5%0.52%5.04%4177
$42.00Oct 23$0.250.273.3%0.61%3.91%109305
$42.50Oct 23$0.210.214.5%0.52%5.04%5636
$41.50Oct 16$0.290.342.1%0.71%2.78%283--
$41.50Oct 23$0.240.362.1%0.59%2.66%312

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 18,950
Total Puts 27,138
Put/Call Ratio 1.43
Net Difference -8,188

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 156,856
Total Puts 183,003
Average Put/Call Ratio 1.49
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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