Tour v289
AA
ALCOA CORP
$48.68 +2.53%
$48.83 (+0.31%)🌙
as of 07/02 06:05 PM
7/2 18:05

Option Volume

Detail
Current (07/02) 15,131
Calls: 10,241 (68%)
Puts: 4,890 (32%)
Prior (07/01) 43,223
Calls: 16,723 (39%)
Puts: 26,500 (61%)
Current vs Prior -64.99%
Calls: -38.76% (Calls)
Puts: -81.55% (Puts)
Prior 7-Day Total 141,215
Calls: 77,581 (55%)
Puts: 63,634 (45%)
Prior 7-Day Average 20,173
Calls: 11,083 (55%)
Puts: 9,090 (45%)
Current vs Prior 7-Day Avg -25.00%
Calls: -7.60%
Puts: -46.21%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $4.83M
Calls: $2.85M (59%)
Puts: $1.98M (41%)
Prior (07/01) $19.24M
Calls: $3.35M (17%)
Puts: $15.90M (83%)
Current vs Prior -74.90%
Calls: -14.73%
Puts: -87.56%
Prior 7-Day Total $52.88M
Calls: $20.42M (39%)
Puts: $32.46M (61%)
Prior 7-Day Average $7.55M
Calls: $2.92M (39%)
Puts: $4.64M (61%)
Current vs Prior 7-Day Avg -36.05%
Calls: -2.18%
Puts: -57.36%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.48
Prior (07/01) 1.58
Current vs Prior -69.87%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -38.01%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 259,118
Calls: 145,075 (56%)
Puts: 114,043 (44%)
Prior (07/01) 249,099
Calls: 138,555 (56%)
Puts: 110,544 (44%)
Current vs Prior +4.02%
Prior 7-Day Total 1,576,452
Calls: 903,886 (56%)
Puts: 705,886 (44%)
Prior 7-Day Average 225,207
Calls: 129,126 (56%)
Puts: 100,840 (44%)
Current vs Prior 7-Day Avg +15.06%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.27% | 6.96%12.18% | 18.24%
Prior 3.39% | 7.77%12.78% | 18.32%
Current vs Prior +105.37% | +56.74%-4.68% | -0.43%
Prior 7-Day Avg 5.22% | 8.23%13.11% | 18.53%
Current vs 7-Day Avg +33.52% | +48.05%-7.07% | -1.55%
Prior 7-Day Eod 3.39% | 7.77%-- | --
Current vs 7-Day Eod +105.37% | +56.74%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 19.12% | 10.34%
Calls: 13.04% | 9.09%
Puts: 25.19% | 11.59%
Prior 19.12% | 10.34%
Calls: 13.04% | 9.09%
Puts: 25.19% | 11.59%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 33.85% | 10.55%
Calls: 26.53% | 10.10%
Puts: 46.07% | 11.09%
Current vs 7-Day Avg -43.51% | -2.03%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 75% vs prior. Below-average activity with volume down 65% vs prior. Extreme bullish P/C ratio of 0.48 - heavy call buying (10,241 calls vs 4,890 puts). P/C ratio dropping 70% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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 30 of results (avg 7.8%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 312.853.05$2.956.8%2200.4838
$51.00Jul 312.442.62$2.537.1%50.435
$49.00Jul 313.303.55$3.437.3%330.52--
$46.00Aug 75.105.50$5.307.5%10.661
$52.00Jul 312.102.27$2.197.8%70.3928
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.50Jul 101.942.04$1.995.0%30.5771
$50.00Jul 243.703.90$3.805.3%80.53342
$51.00Jul 244.254.50$4.385.7%30.588
$49.00Jul 101.661.76$1.715.8%700.5259
$54.00Jul 316.607.00$6.805.9%10.695

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.88, cheapest $0.73)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Jul 170.680.78$0.7313.7%2500.213.9K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Jul 100.851.02$0.9418.1%1240.33150
$42.00Jul 310.871.04$0.9617.7%150.188

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 104 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Jul 27.809.05$8.4314.8%--1.0027
$44.00Jul 23.754.95$4.3527.6%31.0012
$46.50Jul 21.472.50$1.9951.8%81.0039
$48.50Jul 20.000.30$0.15200.0%451.00551
$40.00Jul 107.859.30$8.5716.9%10.9810
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.50Jul 20.000.60$0.30200.0%41.00174
$58.00Jul 108.9010.40$9.6515.5%461.0042
$58.00Jul 28.9510.05$9.5011.6%10.991
$54.00Jul 25.106.00$5.5516.2%290.9911
$55.00Jul 26.057.10$6.5716.0%10.98--

Most actively traded options today. High liquidity = easy entry/exit. 209 active (total vol 8.6K, top 658)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.00Jul 100.050.08$0.0742.9%6580.041.0K
$52.00Jul 100.370.51$0.4431.8%6340.2159
$51.00Jul 20.000.64$0.32200.0%5220.20398
$55.00Jul 100.100.21$0.1668.7%2740.08106
$55.00Jul 170.680.78$0.7313.7%2500.213.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.00Jul 315.706.35$6.0310.8%1790.6519
$47.00Jul 171.761.92$1.848.7%1680.372.1K
$53.00Jul 23.804.90$4.3525.3%1660.98170
$47.00Jul 20.000.62$0.31200.0%1590.24381
$48.00Jul 20.000.30$0.15200.0%1420.2843

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 45 strikes (avg 1109.8%, max 3751.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.00Jul 2Jul 312465.0%64.0%3751.6%425
$43.00Jul 2Jul 172217.0%74.0%2895.9%1355
$46.00Jul 2Aug 71452.0%62.0%2241.9%1249
$40.00Jul 2Aug 71441.0%65.0%2116.9%627
$45.00Jul 2Jul 241156.0%65.0%1678.5%14521
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$43.00Jul 2Aug 72217.0%61.0%3534.4%627
$46.00Jul 2Aug 71452.0%62.0%2241.9%6321
$40.00Jul 2Aug 71441.0%65.0%2116.9%656
$57.00Jul 2Aug 71169.0%62.0%1785.5%124
$45.00Jul 2Aug 141156.0%65.0%1678.5%60504

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 118 found (best R:R 8.09, avg 2.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$56.00Jul 24$0.11$0.89$0.118.09$55.11
$57.00$58.00Jul 24$0.11$0.89$0.118.09$57.11
$56.00$57.00Jul 31$0.11$0.89$0.118.09$56.11
$53.00$54.00Jul 10$0.12$0.88$0.127.33$53.12
$54.00$55.00Jul 17$0.15$0.85$0.155.67$54.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$41.00$40.00Jul 24$0.11$0.89$0.118.09$40.89
$41.00$40.00Aug 7$0.12$0.88$0.127.33$40.88
$42.00$41.00Jul 17$0.13$0.87$0.136.69$41.87
$43.00$41.00Jul 24$0.30$1.70$0.305.67$42.70
$40.00$39.00Jul 17$0.16$0.84$0.165.25$39.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 8.09, avg 1.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$43.00$44.00Jul 10$0.83$0.83$0.174.88$43.83
$41.00$42.00Jul 24$0.82$0.82$0.184.56$41.82
$39.00$40.00Jul 24$0.80$0.80$0.204.00$39.80
$44.00$45.00Jul 2$0.77$0.77$0.233.35$44.77
$40.00$42.00Jul 31$1.47$1.47$0.532.77$41.47
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$53.00$52.00Jul 2$0.89$0.89$0.118.09$52.11
$57.00$56.00Jul 24$0.89$0.89$0.118.09$56.11
$56.00$55.00Jul 10$0.88$0.88$0.127.33$55.12
$55.00$54.00Jul 24$0.88$0.88$0.127.33$54.12
$55.00$54.00Jul 17$0.83$0.83$0.174.88$54.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $0.60, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$57.00Jul 2Jul 10$0.051169.0%65.0%
$58.00Jul 2Jul 10$0.06908.0%64.0%
$56.00Jul 2Jul 10$0.13922.0%64.0%
$40.00Jul 2Jul 10$0.141441.0%64.0%
$55.00Jul 2Jul 10$0.15726.0%58.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$57.00Jul 2Jul 10$0.081169.0%65.0%
$58.00Jul 2Jul 10$0.15908.0%64.0%
$44.00Jul 2Jul 10$0.19824.0%60.0%
$54.00Jul 2Jul 10$0.23581.0%57.0%
$52.00Jul 2Jul 10$0.24525.0%53.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 0.92% of stock, avg 13.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$48.50Jul 2$0.15$0.30$0.45$48.05$48.950.92%
$49.00Jul 2$0.03$0.47$0.50$48.50$49.501.03%
$48.00Jul 2$0.82$0.15$0.97$47.03$48.971.99%
$49.50Jul 2$0.13$1.02$1.15$48.35$50.652.36%
$50.00Jul 2$0.04$1.47$1.51$48.49$51.513.10%
$47.50Jul 2$1.00$0.69$1.69$45.81$49.193.47%
$47.00Jul 2$1.42$0.31$1.73$45.27$48.733.55%
$46.50Jul 2$1.99$0.01$2.00$44.50$48.504.11%
$51.00Jul 2$0.32$2.50$2.82$48.18$53.825.79%
$49.00Jul 10$1.41$1.71$3.12$45.88$52.126.41%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.37% of stock, avg 7.01%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$49.00$48.00Jul 2$0.03$0.15$0.18$47.82$49.18
$50.00$48.00Jul 2$0.04$0.15$0.19$47.81$50.19
$49.50$48.00Jul 2$0.13$0.15$0.28$47.72$49.78
$49.00$47.00Jul 2$0.03$0.31$0.34$46.66$49.34
$50.00$47.00Jul 2$0.04$0.31$0.35$46.65$50.35
$49.50$47.00Jul 2$0.13$0.31$0.44$46.56$49.94
$51.00$48.00Jul 2$0.32$0.15$0.47$47.53$51.47
$51.00$47.00Jul 2$0.32$0.31$0.63$46.37$51.63
$49.00$47.50Jul 2$0.03$0.69$0.72$46.78$49.72
$50.00$47.50Jul 2$0.04$0.69$0.73$46.77$50.73

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 170 found (best R:R 9.00, avg credit $0.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
44/4548/49Jul 17$0.90$0.109.00$44.10$48.90
49/5052/53Jul 24$0.90$0.109.00$49.10$52.90
45/4647/48Jul 24$0.89$0.118.09$45.11$47.89
45/4648/49Jul 31$0.88$0.127.33$45.12$48.88
47/4849/50Jul 31$0.88$0.127.33$47.12$49.88
48/4952/53Jul 31$0.88$0.127.33$48.12$52.88
45/4647/48Jul 17$0.87$0.136.69$45.13$47.87
43/4547/49Aug 7$1.73$0.276.41$43.27$48.73
42/4345/46Jul 17$0.86$0.146.14$42.14$45.86
45/4648/49Jul 17$0.86$0.146.14$45.14$48.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 62 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$48.00$50.00$52.00Jul 24$0.10$1.9019.00
$49.00$50.00$51.00Jul 31$0.06$0.9415.67
$56.00$57.00$58.00Aug 7$0.06$0.9415.67
$54.00$55.00$56.00Jul 10$0.08$0.9211.50
$52.00$53.00$54.00Jul 24$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$41.00$42.00Jul 17$0.05$0.9519.00
$55.00$56.00$57.00Jul 2$0.06$0.9415.67
$53.00$54.00$55.00Jul 24$0.06$0.9415.67
$53.00$54.00$55.00Jul 31$0.06$0.9415.67
$39.00$40.00$41.00Aug 7$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 76 found (best net $-1.15, 65 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$46.001:2Aug 7-$1.15$4.85
$42.00$47.001:2Jul 31-$1.07$3.93
$51.00$55.001:2Aug 14-$0.48$3.52
$50.00$53.001:2Aug 7-$0.95$2.05
$50.00$52.001:2Jul 17-$0.68$1.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$48.00$45.001:2Aug 14-$1.08$1.92
$43.00$41.001:2Jul 24-$0.35$1.65
$45.00$43.001:2Jul 24-$0.40$1.60
$45.00$43.001:2Jul 31-$0.58$1.42
$45.00$43.001:2Aug 7-$0.62$1.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 7.50%, avg 2.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$49.00Aug 7$3.650.530.7%7.50%8.16%3--
$49.00Jul 31$3.300.520.7%6.78%7.44%33--
$50.00Aug 14$3.250.512.7%6.68%9.39%6--
$50.00Aug 7$3.050.492.7%6.27%8.98%1031
$50.00Jul 31$2.850.482.7%5.85%8.57%22038
$51.00Aug 14$2.800.484.8%5.75%10.52%1--
$50.00Jul 24$2.450.472.7%5.03%7.74%2638
$51.00Jul 31$2.440.434.8%5.01%9.78%55
$49.00Jul 17$2.390.510.7%4.91%5.57%4485
$52.00Jul 31$2.100.396.8%4.31%11.13%728

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 10,241
Total Puts 4,890
Put/Call Ratio 0.48
Net Difference 5,351

Prior's Put/Call Breakdown

Total Calls 16,723
Total Puts 26,500
Put/Call Ratio 1.58
Net Difference -9,777

Prior 7-Day Put/Call Summary

Total Calls 77,581
Total Puts 63,634
Average Put/Call Ratio 0.77
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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