Tour v509
CBRS
CEREBRAS SYS INC A
$220.01 -12.69%
$219.98 (-0.01%)🌙
as of 08/18 06:17 PM
8/18 18:17

Option Volume

Detail
Current (08/18) 80,262
Calls: 38,292 (48%)
Puts: 41,970 (52%)
Prior (08/17) 76,604
Calls: 43,193 (56%)
Puts: 33,411 (44%)
Current vs Prior +4.78%
Calls: -11.35% (Calls)
Puts: +25.62% (Puts)
Prior 7-Day Total 502,320
Calls: 267,120 (53%)
Puts: 235,200 (47%)
Prior 7-Day Average 71,760
Calls: 38,160 (53%)
Puts: 33,600 (47%)
Current vs Prior 7-Day Avg +11.85%
Calls: +0.35%
Puts: +24.91%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/18) $57.97M
Calls: $31.85M (55%)
Puts: $26.13M (45%)
Prior (08/17) $86.47M
Calls: $67.81M (78%)
Puts: $18.66M (22%)
Current vs Prior -32.96%
Calls: -53.03%
Puts: +40.01%
Prior 7-Day Total $501.18M
Calls: $346.83M (69%)
Puts: $154.36M (31%)
Prior 7-Day Average $71.60M
Calls: $49.55M (69%)
Puts: $22.05M (31%)
Current vs Prior 7-Day Avg -19.03%
Calls: -35.72%
Puts: +18.48%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/18) 1.10
Prior (08/17) 0.77
Current vs Prior +41.70%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +30.02%
Sentiment BEARISH

Open Interest

Detail
Current (08/18) 183,325
Calls: 96,817 (53%)
Puts: 86,508 (47%)
Prior (08/17) 184,114
Calls: 86,216 (47%)
Puts: 97,898 (53%)
Current vs Prior -0.43%
Prior 7-Day Total 1,296,560
Calls: 732,239 (56%)
Puts: 564,321 (44%)
Prior 7-Day Average 185,222
Calls: 104,605 (56%)
Puts: 80,617 (44%)
Current vs Prior 7-Day Avg -1.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 9.52% | 14.23%9.52% | 24.34%
Prior 10.44% | 15.40%10.44% | 25.54%
Current vs Prior -8.77% | -7.61%-8.77% | -4.69%
Prior 7-Day Avg 11.96% | 16.77%15.43% | 28.74%
Current vs 7-Day Avg -20.39% | -15.16%-38.29% | -15.31%
Prior 7-Day Eod 10.44% | 15.40%10.44% | 25.54%
Current vs 7-Day Eod -8.77% | -7.61%-8.77% | -4.69%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 36.30% | 21.16%
Calls: 45.26% | 23.02%
Puts: 27.34% | 19.31%
Prior 36.30% | 21.16%
Calls: 45.26% | 23.02%
Puts: 27.34% | 19.31%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 26.49% | 22.88%
Calls: 28.02% | 21.38%
Puts: 24.96% | 24.39%
Current vs 7-Day Avg +37.02% | -7.53%
Liquidity Expensive
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🤖 AI Insights

Slightly bearish P/C ratio of 1.10. P/C ratio rising 42% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
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 NEUTRAL
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 15 of results (avg 8.1%, best 4.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 212.302.40$2.354.3%2.0K0.173.5K
$230.00Sep 1820.5021.60$21.055.2%2290.49309
$250.00Sep 1814.7015.70$15.206.6%3720.39531
$240.00Sep 1817.4018.80$18.107.7%630.44177
$222.50Aug 218.309.00$8.658.1%4210.4943
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 210.600.65$0.637.9%3120.06596
$210.00Aug 214.605.00$4.808.3%8240.30905
$200.00Sep 1813.0014.30$13.659.5%4360.31828
$260.00Sep 1849.5054.60$52.059.8%240.6638
$217.50Aug 217.708.50$8.109.9%3800.43238

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.63, cheapest $0.63)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 210.600.65$0.637.9%3120.06596

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 130 found (avg delta 0.66, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Aug 2136.7042.80$39.7515.3%30.9881
$190.00Aug 2127.1033.30$30.2020.5%60.94145
$192.50Aug 2125.0031.00$28.0021.4%40.9213
$195.00Aug 2122.9028.40$25.6521.4%300.9017
$177.50Sep 442.0048.10$45.0513.5%10.88--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$262.50Aug 2140.6046.30$43.4513.1%200.90144
$260.00Aug 2137.8044.00$40.9015.2%760.89156
$257.50Aug 2136.4041.70$39.0513.6%210.8839
$255.00Aug 2133.6038.80$36.2014.4%550.87177
$252.50Aug 2131.3036.50$33.9015.3%500.8697

Most actively traded options today. High liquidity = easy entry/exit. 317 active (total vol 30.1K, top 2.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 212.302.40$2.354.3%2.0K0.173.5K
$230.00Aug 215.906.50$6.209.7%1.5K0.381.9K
$245.00Aug 212.853.30$3.0814.6%1.3K0.21282
$220.00Aug 219.3010.80$10.0514.9%8770.53896
$225.00Aug 217.508.20$7.858.9%7890.45251
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 211.902.35$2.1321.1%2.0K0.173.4K
$220.00Aug 218.7010.30$9.5016.8%1.1K0.471.7K
$210.00Aug 214.605.00$4.808.3%8240.30905
$225.00Aug 2111.9013.30$12.6011.1%6430.55509
$205.00Aug 212.853.60$3.2323.2%5790.23873

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 29.0%, max 38.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$245.00Aug 21Oct 2137.1%99.2%38.2%1.3K283
$250.00Aug 21Oct 2138.4%102.1%35.6%2.0K3.5K
$240.00Aug 21Oct 2131.9%99.2%33.0%7061.7K
$220.00Aug 21Oct 2124.0%94.4%31.2%886897
$230.00Aug 21Sep 25127.8%98.2%30.1%1.5K1.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$245.00Aug 21Sep 11137.1%100.3%36.7%109337
$250.00Aug 21Oct 2138.4%102.1%35.6%203855
$240.00Aug 21Oct 2131.9%99.2%33.0%142341
$220.00Aug 21Oct 2124.0%94.4%31.2%1.1K1.7K
$212.50Aug 21Sep 25121.9%93.2%30.7%229369

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 234 found (best R:R 0.81, avg 3.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$210.00Oct 2$16.55$13.45$16.5578%0.81$196.55
$190.00$215.00Sep 25$12.85$12.15$12.8574%0.95$202.85
$190.00$205.00Sep 4$8.60$6.40$8.6080%0.74$198.60
$200.00$217.50Sep 11$9.10$8.40$9.1070%0.92$209.10
$225.00$235.00Oct 2$3.35$6.65$3.3554%1.99$228.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$230.00$227.50Aug 21$0.45$2.05$0.4563%4.56$229.55
$260.00$257.50Aug 28$1.20$1.30$1.2079%1.08$258.80
$227.50$225.00Aug 28$0.75$1.75$0.7554%2.33$226.75
$255.00$252.50Aug 28$1.40$1.10$1.4076%0.79$253.60
$237.50$235.00Sep 4$1.05$1.45$1.0559%1.38$236.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 171 found (best R:R 1.41, avg 0.55)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$240.00$242.50Aug 28$1.10$1.10$1.4065%0.79$241.10
$245.00$247.50Aug 21$0.55$0.55$1.9579%0.28$245.55
$252.50$255.00Aug 28$0.65$0.65$1.8574%0.35$253.15
$240.00$242.50Sep 4$1.00$1.00$1.5060%0.67$241.00
$250.00$252.50Aug 21$0.40$0.40$2.1083%0.19$250.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$215.00$205.00Oct 2$5.85$5.85$4.1559%1.41$209.15
$210.00$200.00Sep 18$5.20$5.20$4.8062%1.08$204.80
$220.00$210.00Sep 18$5.25$5.25$4.7555%1.11$214.75
$195.00$190.00Oct 2$2.40$2.40$2.6070%0.92$192.60
$192.50$190.00Sep 25$1.60$1.60$0.9072%1.78$190.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 22 found (avg debit $4.99, cheapest $4.55)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$212.50Aug 21Aug 28$4.85121.9%97.3%
$217.50Aug 21Aug 28$5.00121.8%100.6%
$215.00Aug 21Aug 28$4.95121.5%100.5%
$210.00Aug 21Aug 28$5.25118.5%98.0%
$232.50Aug 21Aug 28$5.10128.4%108.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$212.50Aug 21Aug 28$4.55121.9%97.3%
$217.50Aug 21Aug 28$5.25121.8%100.6%
$215.00Aug 21Aug 28$5.15121.5%100.5%
$210.00Aug 21Aug 28$4.70118.5%98.0%
$232.50Aug 21Aug 28$4.65128.4%108.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 72 found (cheapest 8.70% of stock, avg 17.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$215.00Aug 21$12.20$6.95$19.15$195.85$234.158.70%
$217.50Aug 21$11.10$8.10$19.20$198.30$236.708.73%
$210.00Aug 21$14.65$4.80$19.45$190.55$229.458.84%
$212.50Aug 21$13.60$5.95$19.55$192.95$232.058.89%
$220.00Aug 21$10.05$9.50$19.55$200.45$239.558.89%
$222.50Aug 21$8.65$10.90$19.55$202.95$242.058.89%
$225.00Aug 21$7.85$12.60$20.45$204.55$245.459.30%
$207.50Aug 21$16.45$4.05$20.50$187.00$228.009.32%
$230.00Aug 21$6.20$15.00$21.20$208.80$251.209.64%
$227.50Aug 21$6.95$14.55$21.50$206.00$249.009.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 4.66% of stock, avg 15.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$232.50$210.00Aug 21$5.45$4.80$10.25$199.75$242.75
$232.50$212.50Aug 21$5.45$5.95$11.40$201.10$243.90
$230.00$210.00Aug 21$6.20$4.80$11.00$199.00$241.00
$230.00$212.50Aug 21$6.20$5.95$12.15$200.35$242.15
$232.50$215.00Aug 21$5.45$6.95$12.40$202.60$244.90
$227.50$210.00Aug 21$6.95$4.80$11.75$198.25$239.25
$230.00$215.00Aug 21$6.20$6.95$13.15$201.85$243.15
$227.50$212.50Aug 21$6.95$5.95$12.90$199.60$240.40
$227.50$215.00Aug 21$6.95$6.95$13.90$201.10$241.40
$225.00$210.00Aug 21$7.85$4.80$12.65$197.35$237.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 100 found (best R:R 2.57, avg credit $0.99)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
185/188248/250Sep 4$1.80$0.7047%2.57$185.70$249.30
200/202242/245Aug 28$1.85$0.6540%2.85$200.65$244.35
198/200245/248Aug 21$1.15$1.3562%0.85$198.85$246.15
202/205245/248Aug 21$1.25$1.2556%1.00$203.75$246.25
200/202245/248Aug 28$1.60$0.9042%1.78$200.90$246.60
195/198245/248Aug 21$0.95$1.5566%0.61$196.55$245.95
198/200232/235Aug 21$1.35$1.1549%1.17$198.65$233.85
195/198248/250Sep 4$1.60$0.9039%1.78$195.90$249.10
178/180245/248Aug 21$0.65$1.8576%0.35$179.35$245.65
190/192242/245Aug 28$1.32$1.1850%1.12$191.18$243.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 121 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$215.00$217.50$220.00Aug 21$0.05$2.458%49.00
$180.00$190.00$200.00Sep 11$0.70$9.3014%13.29
$220.00$230.00$240.00Sep 18$0.55$9.4511%17.18
$225.00$227.50$230.00Aug 28$0.05$2.455%49.00
$210.00$215.00$220.00Oct 2$0.15$4.855%32.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$190.00$195.00$200.00Sep 18$0.10$4.907%49.00
$210.00$212.50$215.00Sep 4$0.05$2.454%49.00
$197.50$200.00$202.50Sep 4$0.05$2.454%49.00
$205.00$207.50$210.00Sep 11$0.05$2.454%49.00
$235.00$237.50$240.00Aug 28$0.05$2.454%49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-17.15, 29 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$210.001:2Oct 2-$17.15$12.85
$190.00$215.001:2Sep 25-$16.70$8.30
$260.00$262.501:2Aug 21-$1.05$1.45
$257.50$260.001:2Aug 21-$1.25$1.25
$255.00$257.501:2Aug 21-$1.47$1.03
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$177.501:2Aug 21$0.00$2.50
$185.00$182.501:2Aug 21-$0.06$2.44
$187.50$185.001:2Aug 21-$0.15$2.35
$190.00$187.501:2Aug 21-$0.27$2.23
$182.50$180.001:2Aug 21-$0.22$2.28

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 83 found (best yield 7.14%, avg 5.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$260.00Oct 2$15.700.3918.2%7.14%25.31%3--
$257.50Oct 2$15.600.4017.0%7.09%24.13%1--
$250.00Oct 2$17.600.4313.6%8.00%21.63%1--
$245.00Oct 2$19.000.4411.4%8.64%19.99%11
$240.00Oct 2$20.300.479.1%9.23%18.31%3--
$235.00Oct 2$21.800.496.8%9.91%16.72%97
$260.00Sep 25$14.200.3718.2%6.45%24.63%258
$255.00Sep 25$14.900.3915.9%6.77%22.68%512
$250.00Sep 25$16.100.4113.6%7.32%20.95%3144
$240.00Sep 25$18.700.469.1%8.50%17.59%213

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 38,292
Total Puts 41,970
Put/Call Ratio 1.10
Net Difference -3,678

Prior's Put/Call Breakdown

Total Calls 43,193
Total Puts 33,411
Put/Call Ratio 0.77
Net Difference 9,782

Prior 7-Day Put/Call Summary

Total Calls 267,120
Total Puts 235,200
Average Put/Call Ratio 0.84
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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