Tour v487
XLV
State StreetHlthCrSelSectSPDRETF
$162.24 -0.19%
$162.62 (+0.23%)🌙
as of 08/03 06:09 PM
8/3 18:09

Option Volume

Detail
Current (08/03) 16,192
Calls: 9,373 (58%)
Puts: 6,819 (42%)
Prior (07/31) 10,130
Calls: 5,716 (56%)
Puts: 4,414 (44%)
Current vs Prior +59.84%
Calls: +63.98% (Calls)
Puts: +54.49% (Puts)
Prior 7-Day Total 107,432
Calls: 72,216 (67%)
Puts: 35,216 (33%)
Prior 7-Day Average 15,347
Calls: 10,316 (67%)
Puts: 5,030 (33%)
Current vs Prior 7-Day Avg +5.50%
Calls: -9.15%
Puts: +35.54%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $5.66M
Calls: $4.26M (75%)
Puts: $1.40M (25%)
Prior (07/31) $3.41M
Calls: $2.54M (74%)
Puts: $879.4K (26%)
Current vs Prior +65.72%
Calls: +67.88%
Puts: +59.50%
Prior 7-Day Total $36.83M
Calls: $29.16M (79%)
Puts: $7.67M (21%)
Prior 7-Day Average $5.26M
Calls: $4.17M (79%)
Puts: $1.10M (21%)
Current vs Prior 7-Day Avg +7.55%
Calls: +2.16%
Puts: +28.02%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.73
Prior (07/31) 0.77
Current vs Prior -5.79%
Prior 7-Day Average 0.65
Current vs Prior 7-Day Avg +12.73%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/03) 572,169
Calls: 244,724 (43%)
Puts: 327,445 (57%)
Prior (07/31) 588,518
Calls: 253,751 (43%)
Puts: 334,767 (57%)
Current vs Prior -2.78%
Prior 7-Day Total 2,612,720
Calls: 1,368,839 (52%)
Puts: 1,243,881 (48%)
Prior 7-Day Average 373,245
Calls: 195,548 (52%)
Puts: 177,697 (48%)
Current vs Prior 7-Day Avg +53.30%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.93% | 3.19%3.63% | 5.41%
Prior 3.11% | 3.28%3.59% | 5.48%
Current vs Prior +26.58% | -2.63%+1.05% | -1.38%
Prior 7-Day Avg 2.95% | 3.31%4.41% | 5.74%
Current vs 7-Day Avg +33.18% | -3.43%-17.60% | -5.83%
Prior 7-Day Eod 3.11% | 3.28%3.59% | 5.48%
Current vs 7-Day Eod +26.58% | -2.63%+1.05% | -1.38%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 13.94% | 14.12%
Calls: 15.72% | 11.82%
Puts: 12.16% | 16.43%
Prior 36.94% | 13.37%
Calls: 45.31% | 15.05%
Puts: 28.57% | 11.69%
Current vs Prior -62.26% | +5.61%
Prior 7-Day Avg 67.21% | 58.26%
Calls: 55.94% | 56.60%
Puts: 52.74% | 17.78%
Current vs 7-Day Avg -79.26% | -75.76%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($4.26M) vs puts ($1.40M). Elevated premium activity with dollar volume up 66% vs prior. Above-average activity with volume up 60% vs prior.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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. 84 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$141.00Aug 719.0024.00$21.5023.3%21.00--
$147.00Aug 713.0017.95$15.4832.0%11.00--
$148.00Aug 712.1017.05$14.5834.0%41.0030
$148.50Aug 711.6016.55$14.0835.2%41.001
$149.00Aug 711.1516.05$13.6036.0%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$166.00Aug 71.566.50$4.03122.6%31.009
$168.00Aug 73.258.15$5.7086.0%--1.0074
$165.00Aug 70.554.25$2.40154.2%70.9318
$167.00Aug 72.667.60$5.1396.3%20.8213
$168.00Aug 213.808.70$6.2578.4%--0.8174

Most actively traded options today. High liquidity = easy entry/exit. 152 active (total vol 9.4K, top 3.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 70.001.00$0.50200.0%3.6K0.271.5K
$170.00Aug 280.260.70$0.4891.7%4670.1485
$162.00Aug 71.466.00$3.73121.7%2490.57304
$162.00Aug 281.236.15$3.69133.3%1950.5523
$167.00Aug 140.004.80$2.40200.0%1780.336
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$158.00Aug 210.603.75$2.17145.2%2.2K0.332.3K
$158.00Aug 140.004.55$2.28199.6%2530.3413
$159.00Aug 70.004.80$2.40200.0%800.34182
$161.00Aug 70.261.69$0.98145.9%510.33266
$158.00Aug 70.200.46$0.3378.8%490.14334

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 39 strikes (avg 76.6%, max 400.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$140.00Aug 7Aug 21159.6%31.9%400.7%222
$172.50Aug 7Sep 486.0%28.7%199.8%1348
$162.50Aug 7Sep 443.2%17.2%151.9%2571
$162.00Aug 7Sep 445.6%18.8%142.8%251322
$159.00Aug 7Aug 2161.9%27.2%127.4%17573
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$153.00Aug 7Sep 1194.6%30.9%206.5%923
$159.00Aug 7Sep 461.9%24.2%156.2%82184
$162.50Aug 7Aug 2843.2%17.0%154.3%8132
$162.00Aug 7Sep 445.6%18.8%142.8%23165
$152.00Aug 7Sep 486.7%36.2%139.3%2633

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 45 found (best R:R 25.32, avg 3.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$180.00Aug 21$0.19$4.81$0.1925.32$175.19
$163.00$164.00Aug 14$0.10$0.90$0.109.00$163.10
$158.00$159.00Aug 21$0.15$0.85$0.155.67$158.15
$161.00$162.00Sep 4$0.18$0.82$0.184.56$161.18
$164.00$165.00Aug 7$0.20$0.80$0.204.00$164.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$160.00$158.00Aug 28$0.10$1.90$0.1019.00$159.90
$142.00$140.00Aug 21$0.17$1.83$0.1710.76$141.83
$159.00$157.50Sep 4$0.18$1.32$0.187.33$158.82
$152.00$151.00Aug 21$0.15$0.85$0.155.67$151.85
$151.00$150.00Aug 28$0.15$0.85$0.155.67$150.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 74 found (best R:R 15.67, avg 2.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$172.50$175.00Aug 7$2.35$2.35$0.1515.67$174.85
$147.00$149.00Aug 21$1.87$1.87$0.1314.38$148.87
$150.00$155.00Aug 28$4.65$4.65$0.3513.29$154.65
$150.00$157.00Aug 14$6.42$6.42$0.5811.07$156.42
$160.00$161.00Aug 14$0.90$0.90$0.109.00$160.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$164.00$163.00Aug 21$0.87$0.87$0.136.69$163.13
$171.00$167.50Aug 28$3.00$3.00$0.506.00$168.00
$146.00$145.00Aug 21$0.85$0.85$0.155.67$145.15
$157.00$155.00Sep 4$1.70$1.70$0.305.67$155.30
$164.00$163.00Aug 14$0.78$0.78$0.223.55$163.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $1.20, cheapest $0.16)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$159.00Aug 7Aug 14$0.1661.9%12.0%
$140.00Aug 7Aug 21$0.20159.6%31.9%
$165.00Aug 7Aug 14$0.2618.1%18.3%
$147.00Aug 7Aug 21$0.2739.0%23.4%
$149.00Aug 7Aug 21$0.2834.5%30.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$155.00Aug 7Aug 14$0.2926.5%20.5%
$169.00Aug 14Aug 21$0.3238.7%35.3%
$164.00Aug 7Aug 14$0.4016.1%31.4%
$162.00Aug 7Aug 21$0.4545.6%21.2%
$168.00Aug 7Aug 21$0.5519.3%18.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 67 found (cheapest 1.79% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$165.00Aug 7$0.50$2.40$2.90$162.10$167.901.79%
$164.00Aug 7$0.70$2.78$3.48$160.52$167.482.14%
$160.00Aug 7$3.18$0.56$3.74$156.26$163.742.31%
$165.00Aug 14$0.76$3.13$3.89$161.11$168.892.40%
$163.00Aug 7$1.50$2.73$4.23$158.77$167.232.61%
$166.00Aug 7$0.24$4.03$4.27$161.73$170.272.63%
$161.00Aug 7$3.33$0.98$4.31$156.69$165.312.66%
$160.00Aug 21$3.15$1.30$4.45$155.55$164.452.74%
$163.00Aug 21$2.28$2.48$4.76$158.24$167.762.93%
$162.50Aug 14$2.40$2.40$4.80$157.70$167.302.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 125 found (cheapest 0.91% of stock, avg 2.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$165.00$161.00Aug 7$0.50$0.98$1.48$159.52$166.48
$164.00$161.00Aug 7$0.70$0.98$1.68$159.32$165.68
$167.00$161.00Aug 7$0.85$0.98$1.83$159.17$168.83
$165.00$160.00Aug 21$1.31$1.30$2.61$157.39$167.61
$165.00$159.00Aug 7$0.50$2.40$2.90$156.10$167.90
$165.00$153.00Aug 7$0.50$2.40$2.90$150.10$167.90
$165.00$162.00Aug 7$0.50$2.58$3.08$158.92$168.08
$164.00$159.00Aug 7$0.70$2.40$3.10$155.90$167.10
$164.00$153.00Aug 7$0.70$2.40$3.10$149.90$167.10
$165.00$162.50Aug 7$0.50$2.65$3.15$159.35$168.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 40 found (best R:R 15.67, avg credit $0.79)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
155/157161/162Sep 4$1.88$0.1215.67$155.12$162.88
140/142150/152Aug 21$1.82$0.1810.11$140.18$151.82
157/158159/160Aug 14$0.89$0.118.09$156.61$159.89
158/159163/164Sep 4$1.33$0.177.82$157.67$164.33
158/158161/162Aug 14$0.88$0.127.33$157.12$161.88
160/162163/164Sep 4$1.55$0.453.44$160.45$164.55
157/158158/159Aug 14$0.74$0.262.85$156.76$158.74
162/163164/165Aug 28$0.74$0.262.85$162.26$164.74
150/151158/160Aug 28$1.84$0.662.79$149.16$159.34
150/151156/158Aug 28$1.08$0.422.57$149.92$157.08

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 28 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$168.00$169.00$170.00Aug 7$0.05$0.9519.00
$160.00$161.00$162.00Aug 7$0.25$0.753.00
$164.00$165.00$166.00Aug 28$0.35$0.651.86
$162.00$162.50$163.00Aug 28$0.18$0.321.78
$152.00$153.00$154.00Aug 21$0.45$0.551.22
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$154.00$155.00$156.00Aug 7$0.06$0.9415.67
$155.00$156.00$157.00Aug 21$0.17$0.834.88
$164.00$167.50$171.00Aug 28$0.83$2.673.22
$165.00$167.00$169.00Aug 14$0.50$1.503.00
$166.00$167.00$168.00Aug 21$0.34$0.661.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-0.87, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$175.00$180.001:2Aug 21-$0.22$4.78
$150.00$155.001:2Aug 7-$2.40$2.60
$153.00$158.001:2Sep 4-$2.90$2.10
$150.00$155.001:2Aug 28-$3.85$1.15
$164.00$165.001:2Aug 21-$0.12$0.88
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$163.00$157.001:2Sep 11-$0.87$5.13
$148.00$144.001:2Aug 7-$0.01$3.99
$135.00$130.001:2Aug 21-$2.40$2.60
$150.00$148.001:2Aug 7-$0.01$1.99
$167.50$164.001:2Aug 28-$1.61$1.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 1.04%, avg 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$162.50Aug 28$1.680.520.2%1.04%1.20%18
$162.50Aug 21$1.450.490.2%0.89%1.05%20150
$167.00Sep 4$1.400.412.9%0.86%3.80%--21
$163.00Sep 4$1.360.560.5%0.84%1.31%532
$163.00Aug 28$1.300.490.5%0.80%1.27%522
$163.00Sep 11$1.260.530.5%0.78%1.25%2--
$163.00Aug 21$1.250.450.5%0.77%1.24%456.5K
$162.50Sep 4$1.210.580.2%0.75%0.91%--37
$165.00Aug 21$1.070.331.7%0.66%2.36%1693.7K
$168.00Aug 28$0.870.243.5%0.54%4.09%7637

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 9,373
Total Puts 6,819
Put/Call Ratio 0.73
Net Difference 2,554

Prior's Put/Call Breakdown

Total Calls 5,716
Total Puts 4,414
Put/Call Ratio 0.77
Net Difference 1,302

Prior 7-Day Put/Call Summary

Total Calls 72,216
Total Puts 35,216
Average Put/Call Ratio 0.65
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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