Tour v297
ALGN
ALIGN TECHNOLOGY INC
$185.22 -1.68%
7/7 18:07

Option Volume

Detail
Current (07/07) 565
Calls: 375 (66%)
Puts: 190 (34%)
Prior (07/06) 898
Calls: 397 (44%)
Puts: 501 (56%)
Current vs Prior -37.08%
Calls: -5.54% (Calls)
Puts: -62.08% (Puts)
Prior 7-Day Total 13,144
Calls: 6,188 (47%)
Puts: 6,956 (53%)
Prior 7-Day Average 1,877
Calls: 884 (47%)
Puts: 993 (53%)
Current vs Prior 7-Day Avg -69.91%
Calls: -57.58%
Puts: -80.88%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/07) $502.2K
Calls: $432.6K (86%)
Puts: $69.6K (14%)
Prior (07/06) $508.9K
Calls: $398.2K (78%)
Puts: $110.7K (22%)
Current vs Prior -1.32%
Calls: +8.63%
Puts: -37.11%
Prior 7-Day Total $9.38M
Calls: $6.36M (68%)
Puts: $3.02M (32%)
Prior 7-Day Average $1.34M
Calls: $908.7K (68%)
Puts: $431.0K (32%)
Current vs Prior 7-Day Avg -62.51%
Calls: -52.39%
Puts: -83.85%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/07) 0.51
Prior (07/06) 1.26
Current vs Prior -59.85%
Prior 7-Day Average 2.09
Current vs Prior 7-Day Avg -75.74%
Sentiment BULLISH

Open Interest

Detail
Current (07/07) 29,348
Calls: 13,973 (48%)
Puts: 15,375 (52%)
Prior (07/06) 28,925
Calls: 13,807 (48%)
Puts: 15,118 (52%)
Current vs Prior +1.46%
Prior 7-Day Total 163,688
Calls: 73,201 (45%)
Puts: 90,487 (55%)
Prior 7-Day Average 23,384
Calls: 10,457 (45%)
Puts: 12,926 (55%)
Current vs Prior 7-Day Avg +25.50%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.88% | 5.91%5.91% | 17.14%
Prior 4.49% | 6.53%6.53% | 16.19%
Current vs Prior +8.69% | -9.45%-9.45% | +5.88%
Prior 7-Day Avg 4.17% | 6.46%7.70% | 16.96%
Current vs 7-Day Avg +16.93% | -8.47%-23.21% | +1.07%
Prior 7-Day Eod 4.49% | 6.53%-- | --
Current vs 7-Day Eod +8.69% | -9.45%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 61.23% | 66.57%
Calls: 38.20% | 73.68%
Puts: 84.26% | 59.46%
Prior 61.23% | 66.57%
Calls: 38.20% | 73.68%
Puts: 84.26% | 59.46%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 71.37% | 63.65%
Calls: 61.58% | 69.49%
Puts: 81.16% | 57.81%
Current vs 7-Day Avg -14.20% | +4.58%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($432.6K) vs puts ($69.6K). Bullish P/C ratio of 0.51. P/C ratio dropping 60% - 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 BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 2 of results (avg 8.7%, best 8.4%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 2111.4012.40$11.908.4%100.5051
$180.00Aug 2116.0017.50$16.759.0%10.6222
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. 29 found (avg delta 0.72, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 1718.4024.70$21.5529.2%--0.9530
$172.50Jul 1011.3015.00$13.1528.1%10.923
$150.00Jul 1732.8039.20$36.0017.8%--0.8957
$170.00Jul 1714.5019.20$16.8527.9%--0.89100
$155.00Jul 1727.8034.50$31.1521.5%--0.8816
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Jul 1713.8017.80$15.8025.3%--0.8718
$195.00Jul 1710.3013.30$11.8025.4%--0.7914
$190.00Jul 175.508.90$7.2047.2%--0.6028

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 447, top 120)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Jul 316.3010.70$8.5051.8%1200.466
$197.50Jul 171.203.80$2.50104.0%450.271
$195.00Aug 217.6010.10$8.8528.2%230.4341
$195.00Aug 148.1012.00$10.0538.8%220.43--
$197.50Jul 100.001.85$0.93198.9%100.16121
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 171.303.10$2.2081.8%480.2998
$182.50Jul 173.904.80$4.3520.7%200.39--
$185.00Aug 710.9012.70$11.8015.3%100.453
$185.00Aug 1411.4013.30$12.3515.4%100.464
$172.50Jul 100.050.70$0.38171.1%60.08332

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 63.4%, max 211.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$170.00Jul 10Aug 2189.2%53.7%66.2%638
$220.00Jul 17Jul 3195.9%59.1%62.1%130
$197.50Jul 10Jul 1768.0%52.9%28.6%55122
$200.00Jul 10Aug 2172.0%56.9%26.4%3104
$185.00Jul 10Aug 2166.9%55.6%20.5%991
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$165.00Jul 10Aug 21148.6%47.6%211.8%--77
$160.00Jul 10Jul 31173.0%57.0%203.4%--318
$150.00Jul 10Jul 24222.1%88.0%152.5%--79
$167.50Jul 10Jul 17136.3%74.2%83.5%--655
$170.00Jul 10Aug 2189.2%53.7%66.2%2135

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 24.00, avg 4.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$205.00$210.00Jul 31$0.28$4.72$0.2816.86$205.28
$197.50$200.00Jul 10$0.18$2.32$0.1812.89$197.68
$200.00$205.00Jul 17$0.45$4.55$0.4510.11$200.45
$182.50$185.00Jul 10$0.32$2.18$0.326.81$182.82
$215.00$220.00Jul 31$0.65$4.35$0.656.69$215.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$180.00$177.50Jul 10$0.10$2.40$0.1024.00$179.90
$160.00$155.00Jul 24$0.45$4.55$0.4510.11$159.55
$177.50$175.00Jul 10$0.30$2.20$0.307.33$177.20
$182.50$180.00Jul 10$0.42$2.08$0.424.95$182.08
$165.00$160.00Jul 31$1.97$3.03$1.971.54$163.03

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 32.33, avg 3.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$150.00$155.00Jul 17$4.85$4.85$0.1532.33$154.85
$170.00$175.00Aug 21$4.80$4.80$0.2024.00$174.80
$165.00$170.00Jul 17$4.70$4.70$0.3015.67$169.70
$170.00$175.00Jul 17$4.70$4.70$0.3015.67$174.70
$185.00$190.00Aug 21$4.15$4.15$0.854.88$189.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$195.00$190.00Jul 17$4.60$4.60$0.4011.50$190.40
$182.50$180.00Jul 17$2.15$2.15$0.356.14$180.35
$200.00$195.00Jul 17$4.00$4.00$1.004.00$196.00
$167.50$165.00Jul 17$1.97$1.97$0.533.72$165.53
$190.00$185.00Jul 17$2.90$2.90$2.101.38$187.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $1.91, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$200.00Jul 10Jul 17$0.4372.0%43.6%
$175.00Jul 17Jul 24$0.6537.3%41.8%
$170.00Jul 10Jul 17$0.7089.2%48.6%
$185.00Jul 10Jul 17$0.9766.9%40.0%
$195.00Jul 10Jul 17$0.9753.9%38.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$185.00Jul 10Jul 17$0.1566.9%40.0%
$175.00Jul 10Jul 17$0.5051.5%37.3%
$180.00Jul 10Jul 17$1.4041.8%38.8%
$177.50Jul 10Jul 17$1.4350.4%45.3%
$182.50Jul 10Jul 17$3.1337.5%49.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 3.41% of stock, avg 9.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$182.50Jul 10$5.10$1.22$6.32$176.18$188.823.41%
$180.00Jul 10$5.55$0.80$6.35$173.65$186.353.43%
$185.00Jul 10$4.78$4.15$8.93$176.07$193.934.82%
$185.00Jul 17$5.75$4.30$10.05$174.95$195.055.43%
$190.00Jul 17$3.90$7.20$11.10$178.90$201.105.99%
$180.00Jul 17$8.95$2.20$11.15$168.85$191.156.02%
$177.50Jul 17$10.15$2.13$12.28$165.22$189.786.63%
$182.50Jul 17$8.30$4.35$12.65$169.85$195.156.83%
$175.00Jul 17$12.15$0.90$13.05$161.95$188.057.05%
$195.00Jul 17$1.70$11.80$13.50$181.50$208.507.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 101 found (cheapest 0.83% of stock, avg 4.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$195.00$180.00Jul 10$0.73$0.80$1.53$178.47$196.53
$200.00$180.00Jul 10$0.75$0.80$1.55$178.45$201.55
$197.50$180.00Jul 10$0.93$0.80$1.73$178.27$199.23
$195.00$182.50Jul 10$0.73$1.22$1.95$180.55$196.95
$200.00$182.50Jul 10$0.75$1.22$1.97$180.53$201.97
$197.50$182.50Jul 10$0.93$1.22$2.15$180.35$199.65
$190.00$180.00Jul 10$1.58$0.80$2.38$177.62$192.38
$202.50$165.00Jul 24$1.65$0.83$2.48$162.52$204.98
$190.00$182.50Jul 10$1.58$1.22$2.80$179.70$192.80
$187.50$180.00Jul 10$2.30$0.80$3.10$176.90$190.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 26.78, avg credit $2.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
160/165180/185Jul 31$4.82$0.1826.78$160.18$184.82
160/165210/215Jul 31$4.27$0.735.85$160.73$214.27
180/185190/195Aug 14$3.80$1.203.17$181.20$193.80
182/185190/195Jul 10$3.78$1.223.10$181.22$193.78
175/178180/182Jul 17$1.88$0.623.03$175.62$181.88
175/178185/188Jul 17$1.88$0.623.03$175.62$186.88
165/170180/185Aug 21$3.45$1.552.23$166.55$183.45
165/170200/210Aug 21$6.90$3.102.23$163.10$206.90
170/175200/210Aug 21$6.35$3.651.74$168.65$206.35
155/160175/185Jul 24$6.25$3.751.67$153.75$181.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 24.00, cheapest $0.13)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$180.00$182.50$185.00Jul 10$0.13$2.3718.23
$200.00$205.00$210.00Jul 17$0.37$4.6312.51
$175.00$180.00$185.00Jul 31$0.75$4.255.67
$185.00$190.00$195.00Aug 14$0.95$4.054.26
$177.50$180.00$182.50Jul 17$0.55$1.953.55
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$150.00$155.00$160.00Jul 17$0.20$4.8024.00
$150.00$155.00$160.00Jul 24$0.50$4.509.00
$172.50$175.00$177.50Jul 10$0.28$2.227.93
$177.50$180.00$182.50Jul 10$0.32$2.186.81
$170.00$172.50$175.00Jul 10$0.62$1.883.03

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 50 found (best net $-1.96, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$205.001:2Jul 31-$1.96$13.04
$175.00$185.001:2Jul 24-$1.20$8.80
$200.00$210.001:2Aug 21-$1.25$8.75
$210.00$220.001:2Jul 17-$4.15$5.85
$190.00$200.001:2Aug 7-$5.20$4.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$150.001:2Jul 10-$2.40$7.60
$165.00$160.001:2Jul 31-$0.06$4.94
$175.00$170.001:2Jul 17-$0.90$4.10
$170.00$165.001:2Aug 21-$1.20$3.80
$190.00$185.001:2Jul 17-$1.40$3.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 6.15%, avg 2.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Aug 21$11.400.502.6%6.15%8.74%1051
$190.00Aug 14$10.500.492.6%5.67%8.25%8--
$195.00Aug 14$8.100.435.3%4.37%9.65%22--
$195.00Aug 21$7.600.435.3%4.10%9.38%2341
$200.00Aug 21$7.500.408.0%4.05%12.03%370
$190.00Jul 31$6.300.462.6%3.40%5.98%1206
$200.00Aug 7$6.200.378.0%3.35%11.33%1--
$190.00Aug 7$6.000.482.6%3.24%5.82%--16
$210.00Aug 21$4.700.2913.4%2.54%15.92%--13
$187.50Jul 17$4.300.481.2%2.32%3.55%1--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 375
Total Puts 190
Put/Call Ratio 0.51
Net Difference 185

Prior's Put/Call Breakdown

Total Calls 397
Total Puts 501
Put/Call Ratio 1.26
Net Difference -104

Prior 7-Day Put/Call Summary

Total Calls 6,188
Total Puts 6,956
Average Put/Call Ratio 2.09
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All