Tour v490
XLY
State Street CnsmrDiscSelSectSPDRETF
$118.29 +0.07%
$118.67 (+0.32%)🌙
as of 08/04 06:18 PM
8/4 18:18

Option Volume

Detail
Current (08/04) 14,027
Calls: 5,638 (40%)
Puts: 8,389 (60%)
Prior (08/03) 17,453
Calls: 15,453 (89%)
Puts: 2,000 (11%)
Current vs Prior -19.63%
Calls: -63.52% (Calls)
Puts: +319.45% (Puts)
Prior 7-Day Total 84,724
Calls: 49,852 (59%)
Puts: 34,872 (41%)
Prior 7-Day Average 12,103
Calls: 7,121 (59%)
Puts: 4,981 (41%)
Current vs Prior 7-Day Avg +15.89%
Calls: -20.83%
Puts: +68.40%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/04) $3.28M
Calls: $1.02M (31%)
Puts: $2.26M (69%)
Prior (08/03) $6.08M
Calls: $5.72M (94%)
Puts: $362.1K (6%)
Current vs Prior -46.10%
Calls: -82.19%
Puts: +523.92%
Prior 7-Day Total $22.72M
Calls: $13.31M (59%)
Puts: $9.41M (41%)
Prior 7-Day Average $3.25M
Calls: $1.90M (59%)
Puts: $1.34M (41%)
Current vs Prior 7-Day Avg +1.02%
Calls: -46.41%
Puts: +68.13%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/04) 1.49
Prior (08/03) 0.13
Current vs Prior +1049.66%
Prior 7-Day Average 1.58
Current vs Prior 7-Day Avg -6.09%
Sentiment BEARISH

Open Interest

Detail
Current (08/04) 239,528
Calls: 40,814 (17%)
Puts: 198,714 (83%)
Prior (08/03) 541,493
Calls: 125,304 (23%)
Puts: 416,189 (77%)
Current vs Prior -55.77%
Prior 7-Day Total 2,289,873
Calls: 545,336 (24%)
Puts: 1,744,537 (76%)
Prior 7-Day Average 327,124
Calls: 77,905 (24%)
Puts: 249,219 (76%)
Current vs Prior 7-Day Avg -26.78%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.10% | 3.79%4.29% | 7.10%
Prior 4.06% | 4.06%3.66% | 5.85%
Current vs Prior -23.59% | -6.73%+17.24% | +21.48%
Prior 7-Day Avg 3.90% | 4.27%5.00% | 7.63%
Current vs 7-Day Avg -20.34% | -11.27%-14.18% | -6.99%
Prior 7-Day Eod 4.06% | 4.06%3.66% | 5.85%
Current vs 7-Day Eod -23.59% | -6.73%+17.24% | +21.48%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 20.27% | 19.98%
Calls: 17.39% | 19.13%
Puts: 23.15% | 20.83%
Prior 16.03% | 21.16%
Calls: 15.38% | 25.64%
Puts: 16.67% | 16.67%
Current vs Prior +26.45% | -5.58%
Prior 7-Day Avg 95.06% | 19.97%
Calls: 115.75% | 18.91%
Puts: 35.54% | 21.03%
Current vs 7-Day Avg -78.68% | +0.05%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($2.26M). Bearish P/C ratio of 1.49 indicates protective positioning. P/C ratio rising 1050% - increased hedging/bearish positioning. Put-heavy open interest (198,714 puts vs 40,814 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
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. 33 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$107.00Aug 79.0013.60$11.3040.7%10.9910
$109.00Aug 77.0011.80$9.4051.1%20.99--
$110.00Aug 77.909.20$8.5515.2%40.97--
$111.50Aug 74.509.20$6.8568.6%10.976
$112.00Aug 74.008.80$6.4075.0%10.976
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$122.00Aug 71.356.00$3.68126.4%50.94--
$119.00Aug 70.155.00$2.58188.0%10.55--
$119.00Aug 210.155.00$2.58188.0%10.53--
$119.00Sep 181.005.30$3.15136.5%50.51539

Most actively traded options today. High liquidity = easy entry/exit. 104 active (total vol 10.7K, top 5.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$127.50Sep 180.002.60$1.30200.0%1.5K0.236.3K
$126.00Sep 180.301.35$0.83126.5%1.1K0.20696
$125.00Aug 210.100.55$0.33136.4%3210.12--
$122.50Sep 181.402.20$1.8044.4%2430.341.5K
$121.50Aug 210.004.50$2.25200.0%680.38--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$116.00Sep 181.205.00$3.10122.6%5.0K0.38--
$110.00Sep 180.651.25$0.9563.2%1.5K0.1739.3K
$114.50Aug 210.004.40$2.20200.0%2740.3332
$112.00Aug 210.104.50$2.30191.3%620.28478
$114.00Aug 70.000.20$0.10200.0%250.0713

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 127.4%, max 394.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$111.00Aug 7Aug 21129.9%26.3%394.5%3--
$123.00Aug 7Aug 2199.9%29.1%242.9%392.3K
$117.50Aug 7Sep 1867.6%21.0%221.6%10802
$118.00Aug 7Sep 462.0%20.1%208.7%74
$120.00Aug 7Sep 1840.4%18.4%119.9%715.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$117.50Aug 7Sep 1867.6%21.0%221.6%1314
$114.50Aug 7Aug 2198.0%38.0%158.2%27534
$112.00Aug 21Aug 2848.6%20.9%132.3%63480
$118.00Aug 7Aug 1462.0%27.4%125.7%169
$112.50Aug 21Sep 1843.2%20.1%115.6%18466

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 28 found (best R:R 24.00, avg 4.28)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$120.00$124.00Sep 11$0.35$3.65$0.3510.43$120.35
$127.50$135.00Sep 18$1.17$6.33$1.175.41$128.67
$110.00$111.00Aug 7$0.20$0.80$0.204.00$110.20
$119.50$120.00Aug 14$0.10$0.40$0.104.00$119.60
$119.00$120.00Aug 7$0.25$0.75$0.253.00$119.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$105.00$102.50Sep 18$0.10$2.40$0.1024.00$104.90
$115.00$110.00Sep 4$0.33$4.67$0.3314.15$114.67
$110.00$105.00Sep 18$0.40$4.60$0.4011.50$109.60
$109.00$105.00Aug 21$0.70$3.30$0.704.71$108.30
$119.00$118.00Aug 7$0.18$0.82$0.184.56$118.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 7.93, avg 1.72)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$113.00$115.00Aug 7$1.75$1.75$0.257.00$114.75
$109.00$110.00Aug 7$0.85$0.85$0.155.67$109.85
$120.00$122.00Aug 14$1.70$1.70$0.305.67$121.70
$114.00$117.50Aug 28$2.75$2.75$0.753.67$116.75
$112.00$118.00Aug 21$4.42$4.42$1.582.80$116.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$117.50$115.00Aug 7$2.22$2.22$0.287.93$115.28
$110.00$109.00Aug 21$0.87$0.87$0.136.69$109.13
$116.00$115.00Sep 18$0.80$0.80$0.204.00$115.20
$115.00$113.00Aug 28$1.55$1.55$0.453.44$113.45
$116.00$115.50Aug 21$0.38$0.38$0.123.17$115.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $0.88, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$122.00Aug 7Aug 14$0.3225.5%19.4%
$115.00Aug 7Aug 14$0.3828.2%51.1%
$111.50Aug 7Aug 21$0.4536.9%45.0%
$112.00Aug 7Aug 21$0.6034.6%48.6%
$117.50Aug 7Aug 28$0.6067.6%22.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$104.00Aug 7Aug 21$0.1063.9%33.8%
$115.50Aug 14Aug 21$0.1045.0%33.4%
$100.00Aug 21Sep 18$0.3044.9%34.8%
$105.00Aug 21Sep 18$0.3733.9%28.0%
$114.00Aug 7Aug 14$0.4029.4%27.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 3.10% of stock, avg 5.40%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$118.00Aug 7$1.27$2.40$3.67$114.33$121.673.10%
$115.00Aug 7$3.60$0.18$3.78$111.22$118.783.20%
$122.00Aug 7$0.13$3.68$3.81$118.19$125.813.22%
$119.00Aug 7$1.30$2.58$3.88$115.12$122.883.28%
$118.00Aug 14$2.73$1.75$4.48$113.52$122.483.79%
$117.50Aug 7$2.40$2.40$4.80$112.70$122.304.06%
$115.00Aug 14$3.98$2.30$6.28$108.72$121.285.31%
$119.00Sep 18$3.48$3.15$6.63$112.37$125.635.60%
$116.00Sep 18$4.25$3.10$7.35$108.65$123.356.21%
$117.50Sep 18$5.25$2.88$8.13$109.37$125.636.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 100 found (cheapest 0.19% of stock, avg 2.93%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$122.00$114.00Aug 7$0.13$0.10$0.23$113.77$122.23
$122.00$115.00Aug 7$0.13$0.18$0.31$114.69$122.31
$118.50$114.00Aug 7$1.02$0.10$1.12$112.88$119.62
$120.00$114.00Aug 7$1.05$0.10$1.15$112.85$121.15
$118.50$115.00Aug 7$1.02$0.18$1.20$113.80$119.70
$120.00$115.00Aug 7$1.05$0.18$1.23$113.77$121.23
$119.00$114.00Aug 7$1.30$0.10$1.40$112.60$120.40
$119.00$115.00Aug 7$1.30$0.18$1.48$113.52$120.48
$120.00$112.00Aug 28$1.25$0.50$1.75$110.25$121.75
$126.00$111.00Sep 18$0.83$0.98$1.81$109.19$127.81

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 39 found (best R:R 14.00, avg credit $1.80)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
116/116122/123Aug 21$1.40$0.1014.00$114.60$122.90
112/115119/120Sep 18$2.26$0.249.42$112.74$121.26
109/110123/125Aug 21$1.77$0.237.70$108.23$124.77
109/110112/118Aug 21$5.29$0.717.45$104.71$117.29
109/110118/120Aug 21$1.75$0.257.00$108.25$119.75
105/109112/118Aug 21$5.12$0.885.82$103.88$117.12
112/113114/118Aug 28$2.95$0.555.36$110.05$116.95
112/115120/122Sep 18$1.98$0.523.81$113.02$121.98
110/112122/123Aug 21$1.57$0.433.65$110.43$123.07
102/105115/116Sep 18$1.90$0.603.17$103.10$116.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$108.00$109.00$110.00Aug 7$0.05$0.9519.00
$107.00$108.00$109.00Aug 7$0.10$0.909.00
$112.00$112.50$113.00Aug 7$0.05$0.459.00
$106.00$107.00$108.00Aug 7$0.15$0.855.67
$113.00$115.00$117.00Aug 7$0.55$1.452.64
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$100.00$102.50$105.00Sep 18$0.13$2.3718.23
$116.00$117.50$119.00Sep 18$0.49$1.012.06
$114.00$114.50$115.00Aug 21$0.25$0.251.00
$115.00$115.50$116.00Sep 4$0.33$0.170.52
$115.00$115.50$116.00Aug 21$0.48$0.020.04

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-0.01, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$114.00$117.501:2Aug 28-$0.25$3.25
$110.00$115.001:2Sep 18-$2.60$2.40
$120.00$124.001:2Sep 11-$1.95$2.05
$115.00$118.001:2Aug 14-$1.48$1.52
$120.00$122.501:2Sep 18-$1.10$1.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$104.001:2Aug 7-$0.01$5.99
$110.00$105.001:2Sep 18-$0.15$4.85
$104.00$100.001:2Aug 21-$0.23$3.77
$113.50$110.001:2Aug 7-$0.02$3.48
$115.00$110.001:2Sep 4-$2.07$2.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 1.61%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Sep 18$1.900.451.4%1.61%3.05%315.6K
$122.50Sep 18$1.400.343.6%1.18%4.74%2431.5K
$119.00Sep 18$1.050.500.6%0.89%1.49%47818
$120.00Aug 21$0.850.401.4%0.72%2.16%13685
$119.00Sep 11$0.750.460.6%0.63%1.23%204
$120.00Sep 11$0.400.421.4%0.34%1.78%201
$126.00Sep 18$0.300.206.5%0.25%6.77%1.1K696
$122.00Aug 14$0.200.213.1%0.17%3.31%1--
$120.00Aug 7$0.100.371.4%0.08%1.53%4116
$125.00Aug 21$0.100.125.7%0.08%5.76%321--

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 5,638
Total Puts 8,389
Put/Call Ratio 1.49
Net Difference -2,751

Prior's Put/Call Breakdown

Total Calls 15,453
Total Puts 2,000
Put/Call Ratio 0.13
Net Difference 13,453

Prior 7-Day Put/Call Summary

Total Calls 49,852
Total Puts 34,872
Average Put/Call Ratio 1.58
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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