Tour v303
ALGN
ALIGN TECHNOLOGY INC
$174.68 -5.69%
$175.20 (+0.30%)🌙
as of 07/08 06:07 PM
(7/7 18:07) ◀
|
Wednesday, July 8, 2026 (6:07pm)
January 2026
|
▶ (7/9 18:07)
◀ 7/8 18:07 ▶

Option Volume

Detail
ℹ
Current (07/08) 1,133
Calls: 595 (53%)
Puts: 538 (47%)
Prior (07/07) 565
Calls: 375 (66%)
Puts: 190 (34%)
Current vs Prior +100.53%
Calls: +58.67% (Calls)
Puts: +183.16% (Puts)
Prior 7-Day Total 12,174
Calls: 6,255 (51%)
Puts: 5,919 (49%)
Prior 7-Day Average 1,739
Calls: 893 (51%)
Puts: 845 (49%)
Current vs Prior 7-Day Avg -34.85%
Calls: -33.41%
Puts: -36.37%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/08) $748.6K
Calls: $425.5K (57%)
Puts: $323.2K (43%)
Prior (07/07) $502.2K
Calls: $432.6K (86%)
Puts: $69.6K (14%)
Current vs Prior +49.07%
Calls: -1.65%
Puts: +364.19%
Prior 7-Day Total $8.99M
Calls: $6.38M (71%)
Puts: $2.62M (29%)
Prior 7-Day Average $1.28M
Calls: $911.3K (71%)
Puts: $373.6K (29%)
Current vs Prior 7-Day Avg -41.74%
Calls: -53.31%
Puts: -13.51%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/08) 0.90
Prior (07/07) 0.51
Current vs Prior +78.46%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg -43.20%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/08) 29,600
Calls: 14,159 (48%)
Puts: 15,441 (52%)
Prior (07/07) 29,348
Calls: 13,973 (48%)
Puts: 15,375 (52%)
Current vs Prior +0.86%
Prior 7-Day Total 191,748
Calls: 86,738 (45%)
Puts: 105,010 (55%)
Prior 7-Day Average 27,392
Calls: 12,391 (45%)
Puts: 15,001 (55%)
Current vs Prior 7-Day Avg +8.06%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 3.71% | 6.07%6.07% | 16.23%
Prior 4.88% | 5.91%5.91% | 17.14%
Current vs Prior -23.91% | +2.64%+2.64% | -5.32%
Prior 7-Day Avg 4.28% | 6.53%7.23% | 16.90%
Current vs 7-Day Avg -13.37% | -7.09%-16.12% | -3.99%
Prior 7-Day Eod 4.88% | 5.91%-- | --
Current vs 7-Day Eod -23.91% | +2.64%-- | --
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
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 69.62% | 68.50%
Calls: 56.83% | 74.17%
Puts: 82.41% | 62.84%
Current vs 7-Day Avg -12.05% | -2.82%
Liquidity Expensive
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🤖 AI Insights

Unusually high activity with volume up 101% vs prior - elevated interest. P/C ratio rising 78% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 9.2%, best 9.0%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 2118.1019.80$18.959.0%30.672
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.50Jul 179.1010.00$9.559.4%--0.7220

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. 31 found (avg delta 0.72, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 1731.4039.20$35.3022.1%--0.9540
$148.00Jul 1025.0030.90$27.9521.1%--0.9410
$140.00Jul 1032.8038.80$35.8016.8%60.92--
$147.00Jul 1025.9031.90$28.9020.8%--0.8610
$150.00Jul 1721.6029.40$25.5030.6%--0.8557
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Jul 1721.3028.20$24.7527.9%--0.9218
$195.00Jul 1716.5023.40$19.9534.6%--0.9114
$190.00Jul 1711.8018.90$15.3546.3%--0.8728
$185.00Jul 177.5014.70$11.1064.9%--0.7814
$180.00Jul 104.606.90$5.7540.0%--0.7898

Most actively traded options today. High liquidity = easy entry/exit. 60 active (total vol 559, top 150)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Jul 3110.6011.90$11.2511.6%1500.541
$205.00Jul 312.203.30$2.7540.0%1500.1916
$195.00Aug 215.506.20$5.8512.0%260.3141
$182.50Jul 171.802.35$2.0826.4%100.2811
$180.00Jul 100.701.00$0.8535.3%90.2353
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Aug 713.1015.20$14.1514.8%220.5338
$180.00Aug 1413.7015.40$14.5511.7%220.5336
$145.00Aug 212.302.95$2.6324.7%170.143
$175.00Jul 102.302.95$2.6324.7%140.51414
$175.00Jul 174.205.20$4.7021.3%90.49138

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 120.4%, max 318.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$200.00Jul 10Aug 21194.8%54.0%260.7%2104
$195.00Jul 10Aug 21171.7%52.5%226.9%26129
$140.00Jul 10Jul 17237.3%92.4%156.7%640
$185.00Jul 10Aug 21127.1%53.2%139.0%292
$197.50Jul 10Jul 17183.5%84.8%116.5%--177
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$140.00Jul 10Aug 21237.3%56.8%318.1%128
$185.00Jul 10Jul 17127.1%45.5%179.4%221
$150.00Jul 10Aug 21160.1%57.9%176.4%128
$165.00Jul 10Aug 21131.2%53.0%147.4%--77
$145.00Jul 17Aug 21118.7%55.7%113.2%17143

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 57 found (best R:R 19.00, avg 3.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$195.00Jul 17$0.25$4.75$0.2519.00$190.25
$190.00$195.00Jul 24$0.48$4.52$0.489.42$190.48
$180.00$182.50Jul 10$0.35$2.15$0.356.14$180.35
$185.00$190.00Jul 17$0.70$4.30$0.706.14$185.70
$195.00$200.00Aug 21$0.85$4.15$0.854.88$195.85
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$160.00$155.00Jul 24$0.42$4.58$0.4210.90$159.58
$160.00$157.50Jul 17$0.22$2.28$0.2210.36$159.78
$145.00$140.00Aug 21$0.71$4.29$0.716.04$144.29
$170.00$167.50Jul 10$0.37$2.13$0.375.76$169.63
$165.00$162.50Jul 17$0.37$2.13$0.375.76$164.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 71 found (best R:R 69.00, avg 3.76)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$140.00$147.00Jul 10$6.90$6.90$0.1069.00$146.90
$140.00$150.00Jul 17$9.80$9.80$0.2049.00$149.80
$148.00$170.00Jul 10$21.55$21.55$0.4547.89$169.55
$165.00$170.00Jul 17$4.55$4.55$0.4510.11$169.55
$150.00$155.00Jul 17$4.40$4.40$0.607.33$154.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$195.00Jul 17$4.80$4.80$0.2024.00$195.20
$190.00$185.00Jul 17$4.25$4.25$0.755.67$185.75
$185.00$180.00Jul 10$3.95$3.95$1.053.76$181.05
$177.50$175.00Jul 10$1.97$1.97$0.533.72$175.53
$182.50$180.00Jul 17$1.80$1.80$0.702.57$180.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.11, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Jul 10Jul 17$0.0899.3%47.0%
$170.00Jul 10Jul 17$1.2052.7%45.1%
$182.50Jul 10Jul 17$1.5854.8%44.6%
$180.00Jul 10Jul 17$1.9352.4%44.2%
$177.50Jul 10Jul 17$2.2050.7%43.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$185.00Jul 10Jul 17$1.40127.1%45.5%
$167.50Jul 10Jul 17$1.4555.9%45.0%
$150.00Jul 10Jul 17$1.57160.1%103.7%
$170.00Jul 10Jul 17$1.8852.7%45.1%
$180.00Jul 10Jul 17$2.0052.4%44.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 2.91% of stock, avg 10.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$175.00Jul 10$2.45$2.63$5.08$169.92$180.082.91%
$177.50Jul 10$1.45$4.60$6.05$171.45$183.553.46%
$180.00Jul 10$0.85$5.75$6.60$173.40$186.603.78%
$170.00Jul 10$6.40$0.90$7.30$162.70$177.304.18%
$175.00Jul 17$4.80$4.70$9.50$165.50$184.505.44%
$170.00Jul 17$7.60$2.78$10.38$159.62$180.385.94%
$180.00Jul 17$2.78$7.75$10.53$169.47$190.536.03%
$182.50Jul 17$2.08$9.55$11.63$170.87$194.136.66%
$185.00Jul 10$2.73$9.70$12.43$172.57$197.437.12%
$185.00Jul 17$1.58$11.10$12.68$172.32$197.687.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 115 found (cheapest 0.79% of stock, avg 4.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$180.00$167.50Jul 10$0.85$0.53$1.38$166.12$181.38
$180.00$170.00Jul 10$0.85$0.90$1.75$168.25$181.75
$177.50$167.50Jul 10$1.45$0.53$1.98$165.52$179.48
$180.00$140.00Jul 10$0.85$1.25$2.10$137.90$182.10
$195.00$155.00Jul 24$1.10$1.08$2.18$152.82$197.18
$177.50$170.00Jul 10$1.45$0.90$2.35$167.65$179.85
$180.00$172.50Jul 10$0.85$1.55$2.40$170.10$182.40
$195.00$160.00Jul 24$1.10$1.50$2.60$157.40$197.60
$190.00$155.00Jul 24$1.58$1.08$2.66$152.34$192.66
$177.50$140.00Jul 10$1.45$1.25$2.70$137.30$180.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 105 found (best R:R 20.74, avg credit $2.81)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
158/160165/170Jul 17$4.77$0.2320.74$155.23$169.77
170/175180/185Aug 21$4.70$0.3015.67$170.30$184.70
175/178180/182Jul 10$2.32$0.1812.89$175.18$182.32
165/168170/172Jul 17$2.23$0.278.26$165.27$172.23
180/185188/190Jul 10$4.42$0.587.62$180.58$191.92
145/150165/170Aug 21$4.37$0.636.94$145.63$169.37
155/158170/172Jul 17$2.13$0.375.76$155.37$172.13
165/170175/180Aug 21$4.25$0.755.67$165.75$179.25
170/175185/190Aug 21$4.25$0.755.67$170.75$189.25
170/172185/188Jul 10$2.11$0.395.41$170.39$187.11

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$170.00$175.00$180.00Aug 21$0.10$4.9049.00
$175.00$180.00$185.00Aug 21$0.15$4.8532.33
$177.50$180.00$182.50Jul 17$0.17$2.3313.71
$185.00$190.00$195.00Aug 21$0.35$4.6513.29
$180.00$182.50$185.00Jul 17$0.20$2.3011.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$150.00$155.00$160.00Jul 31$0.11$4.8944.45
$162.50$165.00$167.50Jul 17$0.16$2.3414.62
$165.00$167.50$170.00Jul 17$0.27$2.238.26
$167.50$170.00$172.50Jul 10$0.28$2.227.93
$155.00$160.00$165.00Jul 24$0.58$4.427.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 58 found (best net $-0.15, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$190.001:2Jul 31-$2.20$7.80
$185.00$190.001:2Jul 17-$0.18$4.82
$190.00$195.001:2Jul 17-$0.38$4.62
$190.00$195.001:2Jul 24-$0.62$4.38
$185.00$190.001:2Jul 24-$0.63$4.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$150.001:2Aug 21-$0.15$14.85
$155.00$145.001:2Aug 7-$0.11$9.89
$170.00$160.001:2Jul 31-$1.10$8.90
$160.00$150.001:2Jul 10-$1.61$8.39
$150.00$140.001:2Jul 10-$1.67$8.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 28 found (best yield 7.33%, avg 2.28%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$175.00Aug 21$12.800.540.2%7.33%7.51%19
$175.00Jul 31$10.600.540.2%6.07%6.25%1501
$180.00Aug 21$10.500.483.0%6.01%9.06%222
$180.00Jul 31$8.400.473.0%4.81%7.85%19
$185.00Aug 21$8.400.425.9%4.81%10.72%--20
$190.00Aug 21$6.300.378.8%3.61%12.38%151
$175.00Jul 24$5.600.510.2%3.21%3.39%--10
$195.00Aug 21$5.500.3111.6%3.15%14.78%2641
$190.00Aug 7$5.100.348.8%2.92%11.69%--16
$190.00Jul 31$5.000.348.8%2.86%11.63%1123

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 595
Total Puts 538
Put/Call Ratio 0.90
Net Difference 57

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 6,255
Total Puts 5,919
Average Put/Call Ratio 1.59
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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