Tour v526
CAH
CARDINAL HEALTH INC
$235.13 -1.37%
8/27 18:16

Option Volume

Detail
Current (08/27) 870
Calls: 470 (54%)
Puts: 400 (46%)
Prior (08/26) 1,151
Calls: 334 (29%)
Puts: 817 (71%)
Current vs Prior -24.41%
Calls: +40.72% (Calls)
Puts: -51.04% (Puts)
Prior 7-Day Total 13,353
Calls: 7,265 (54%)
Puts: 6,088 (46%)
Prior 7-Day Average 1,907
Calls: 1,037 (54%)
Puts: 869 (46%)
Current vs Prior 7-Day Avg -54.39%
Calls: -54.71%
Puts: -54.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/27) $725.2K
Calls: $394.3K (54%)
Puts: $330.9K (46%)
Prior (08/26) $836.0K
Calls: $463.4K (55%)
Puts: $372.6K (45%)
Current vs Prior -13.25%
Calls: -14.89%
Puts: -11.21%
Prior 7-Day Total $7.31M
Calls: $5.42M (74%)
Puts: $1.89M (26%)
Prior 7-Day Average $1.04M
Calls: $773.6K (74%)
Puts: $270.4K (26%)
Current vs Prior 7-Day Avg -30.53%
Calls: -49.02%
Puts: +22.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/27) 0.85
Prior (08/26) 2.45
Current vs Prior -65.21%
Prior 7-Day Average 1.24
Current vs Prior 7-Day Avg -31.37%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/27) 10,874
Calls: 7,694 (71%)
Puts: 3,180 (29%)
Prior (08/26) 10,154
Calls: 6,880 (68%)
Puts: 3,274 (32%)
Current vs Prior +7.09%
Prior 7-Day Total 87,952
Calls: 54,490 (62%)
Puts: 33,462 (38%)
Prior 7-Day Average 12,564
Calls: 7,784 (62%)
Puts: 4,780 (38%)
Current vs Prior 7-Day Avg -13.46%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.86% | 3.57%5.10% | 9.48%
Prior 2.21% | 3.88%5.45% | 9.79%
Current vs Prior -16.08% | -7.93%-6.41% | -3.17%
Prior 7-Day Avg 2.76% | 4.14%3.39% | 8.86%
Current vs 7-Day Avg -32.78% | -13.76%+50.51% | +7.03%
Prior 7-Day Eod 2.21% | 3.88%5.45% | 9.79%
Current vs 7-Day Eod -16.08% | -7.93%-6.41% | -3.17%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 58.96% | 47.62%
Calls: 73.21% | 48.56%
Puts: 44.71% | 46.67%
Prior 58.96% | 47.62%
Calls: 73.21% | 48.56%
Puts: 44.71% | 46.67%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 58.96% | 47.62%
Calls: 73.21% | 48.56%
Puts: 44.71% | 46.67%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

P/C ratio dropping 65% - sentiment shifting bullish. Call-heavy open interest (7,694 calls vs 3,180 puts) suggests bullish positioning.

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 NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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. 12 found (avg delta 0.69, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 414.8016.90$15.8513.2%10.97--
$227.50Aug 286.409.00$7.7033.8%20.96--
$227.50Sep 48.109.90$9.0020.0%20.77--
$230.00Aug 284.306.80$5.5545.0%10.7625
$230.00Sep 46.407.40$6.9014.5%60.68151
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Sep 187.408.70$8.0516.1%30.62376
$235.00Aug 281.202.00$1.6050.0%20.5221
$235.00Sep 43.005.00$4.0050.0%10.51--

Most actively traded options today. High liquidity = easy entry/exit. 49 active (total vol 343, top 50)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 280.002.15$1.08199.1%480.2557
$242.50Aug 280.000.20$0.10200.0%190.0521
$232.50Sep 186.607.90$7.2517.9%180.601
$255.00Sep 180.300.85$0.5796.5%180.0914
$250.00Sep 180.751.65$1.2075.0%170.171.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 182.853.50$3.1820.4%500.34884
$230.00Sep 41.053.70$2.38111.3%320.338
$230.00Aug 280.002.15$1.08199.1%310.25--
$225.00Sep 110.352.55$1.45151.7%200.20--
$227.50Sep 40.053.20$1.63193.3%70.25--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 126.1%, max 156.2%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$240.00Aug 28Oct 262.8%24.5%156.2%4964
$232.50Aug 28Sep 1857.4%23.5%144.6%1927
$230.00Aug 28Sep 2561.2%26.6%129.8%225
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$230.00Aug 28Sep 1861.2%24.0%155.5%81884
$235.00Aug 28Sep 1131.8%22.0%44.6%341

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 144.83, avg 12.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$255.00$260.00Sep 18$0.17$4.83$0.179%28.41$255.17
$242.50$247.50Sep 4$0.82$4.18$0.8225%5.10$243.32
$245.00$250.00Aug 28$0.13$4.87$0.136%37.46$245.13
$232.50$240.00Sep 18$3.70$3.80$3.7060%1.03$236.20
$250.00$255.00Sep 4$0.42$4.58$0.4213%10.90$250.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$217.50$200.00Sep 11$0.12$17.38$0.128%144.83$217.38
$235.00$230.00Sep 4$1.62$3.38$1.6251%2.09$233.38
$215.00$210.00Oct 2$0.25$4.75$0.2512%19.00$214.75
$235.00$225.00Sep 11$2.60$7.40$2.6048%2.85$232.40
$232.50$230.00Aug 28$0.62$1.88$0.6236%3.03$231.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.64, avg 0.23)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$240.00$242.50Aug 28$0.98$0.98$1.5275%0.64$240.98
$240.00$250.00Sep 18$2.35$2.35$7.6562%0.31$242.35
$250.00$255.00Sep 18$0.63$0.63$4.3784%0.14$250.63
$250.00$255.00Sep 4$0.42$0.42$4.5887%0.09$250.42
$245.00$250.00Aug 28$0.13$0.13$4.8794%0.03$245.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$230.00$225.00Aug 28$1.00$1.00$4.0075%0.25$229.00
$227.50$220.00Sep 4$1.33$1.33$6.1775%0.22$226.17
$225.00$220.00Sep 11$0.80$0.80$4.2080%0.19$224.20
$230.00$225.00Sep 18$1.33$1.33$3.6766%0.36$228.67
$230.00$227.50Sep 4$0.75$0.75$1.7567%0.43$229.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.48, cheapest $2.57)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$232.50Aug 28Sep 11$2.5757.4%20.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$235.00Aug 28Sep 4$2.4031.8%28.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 2.29% of stock, avg 4.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$232.50Aug 28$3.68$1.70$5.38$227.12$237.882.29%
$230.00Aug 28$5.55$1.08$6.63$223.37$236.632.82%
$235.00Sep 4$3.70$4.00$7.70$227.30$242.703.27%
$230.00Sep 4$6.90$2.38$9.28$220.72$239.283.95%
$227.50Sep 4$9.00$1.63$10.63$216.87$238.134.52%
$240.00Sep 18$3.55$8.05$11.60$228.40$251.604.93%
$220.00Sep 4$15.85$0.30$16.15$203.85$236.156.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.19% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$242.50$217.50Aug 28$0.10$0.35$0.45$217.05$242.95
$245.00$217.50Aug 28$0.18$0.35$0.53$216.97$245.53
$250.00$220.00Sep 4$0.80$0.30$1.10$218.90$251.10
$247.50$220.00Sep 4$0.85$0.30$1.15$218.85$248.65
$242.50$230.00Aug 28$0.10$1.08$1.18$228.82$243.68
$245.00$230.00Aug 28$0.18$1.08$1.26$228.74$246.26
$260.00$220.00Sep 18$0.40$1.13$1.53$218.47$261.53
$240.00$217.50Aug 28$1.08$0.35$1.43$216.07$241.43
$255.00$220.00Sep 18$0.57$1.13$1.70$218.30$256.70
$237.50$217.50Aug 28$1.05$0.35$1.40$216.10$238.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 0.29, avg credit $1.54)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
225/230245/250Aug 28$1.13$3.8769%0.29$228.87$246.13
225/230240/242Aug 28$1.98$3.0251%0.66$228.02$241.98
225/230250/255Sep 18$1.96$3.0450%0.64$228.04$251.96
220/225250/255Sep 18$1.35$3.6562%0.37$223.65$251.35
225/230255/260Sep 18$1.50$3.5057%0.43$228.50$256.50
220/225255/260Sep 18$0.89$4.1169%0.22$224.11$255.89
220/228250/255Sep 4$1.75$5.7563%0.30$225.75$251.75
228/230250/255Sep 4$1.17$3.8355%0.31$228.83$251.17
228/230242/248Sep 4$1.57$3.4342%0.46$228.43$244.07
220/228242/248Sep 4$2.15$5.3550%0.40$225.35$244.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 7.93, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$227.50$230.00$232.50Aug 28$0.28$2.2232%7.93
$245.00$250.00$255.00Aug 28$0.11$4.895%44.45
$230.00$235.00$240.00Sep 4$1.23$3.7739%3.07
$250.00$255.00$260.00Sep 18$0.46$4.5410%9.87
$240.00$242.50$245.00Aug 28$1.06$1.4418%1.36
PUTS (1)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$225.00$230.00Sep 18$0.61$4.3920%7.20

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 36 found (best net $-2.15, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$220.00$227.501:2Sep 4-$2.15$5.35
$230.00$235.001:2Sep 4-$0.50$4.50
$242.50$247.501:2Sep 4-$0.03$4.97
$255.00$260.001:2Sep 18-$0.23$4.77
$250.00$255.001:2Aug 28-$0.01$4.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$235.00$230.001:2Sep 4-$0.76$4.24
$230.00$225.001:2Sep 18-$0.52$4.48
$217.50$200.001:2Sep 11-$0.26$17.24
$225.00$220.001:2Sep 18-$0.41$4.59
$232.50$230.001:2Aug 28-$0.46$2.04

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 1.70%, avg 0.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Oct 2$4.000.402.1%1.70%3.77%17
$240.00Sep 18$3.200.382.1%1.36%3.43%81.4K
$240.00Sep 11$2.050.352.1%0.87%2.94%110
$250.00Sep 25$0.600.186.3%0.26%6.58%123
$250.00Sep 18$0.750.176.3%0.32%6.64%171.1K
$240.00Sep 4$1.400.292.1%0.60%2.67%334
$255.00Sep 18$0.300.098.4%0.13%8.58%1814
$237.50Aug 28$0.100.311.0%0.04%1.05%147

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 470
Total Puts 400
Put/Call Ratio 0.85
Net Difference 70

Prior's Put/Call Breakdown

Total Calls 334
Total Puts 817
Put/Call Ratio 2.45
Net Difference -483

Prior 7-Day Put/Call Summary

Total Calls 7,265
Total Puts 6,088
Average Put/Call Ratio 1.24
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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