Tour v526
CBRS
CEREBRAS SYS INC Class A
$196.13 -6.54%
$196.90 (+0.39%)🌙
as of 08/21 06:18 PM
8/21 18:18

Option Volume

Detail
Current (08/21) 57,657
Calls: 30,611 (53%)
Puts: 27,046 (47%)
Prior (08/20) 33,877
Calls: 26,178 (77%)
Puts: 7,699 (23%)
Current vs Prior +70.20%
Calls: +16.93% (Calls)
Puts: +251.29% (Puts)
Prior 7-Day Total 595,617
Calls: 315,020 (53%)
Puts: 280,597 (47%)
Prior 7-Day Average 85,088
Calls: 45,002 (53%)
Puts: 40,085 (47%)
Current vs Prior 7-Day Avg -32.24%
Calls: -31.98%
Puts: -32.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/21) $55.92M
Calls: $20.20M (36%)
Puts: $35.72M (64%)
Prior (08/20) $28.51M
Calls: $19.65M (69%)
Puts: $8.86M (31%)
Current vs Prior +96.15%
Calls: +2.78%
Puts: +303.31%
Prior 7-Day Total $540.93M
Calls: $365.18M (68%)
Puts: $175.75M (32%)
Prior 7-Day Average $77.28M
Calls: $52.17M (68%)
Puts: $25.11M (32%)
Current vs Prior 7-Day Avg -27.64%
Calls: -61.29%
Puts: +42.28%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/21) 0.88
Prior (08/20) 0.29
Current vs Prior +200.42%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg +1.22%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/21) 217,764
Calls: 109,094 (50%)
Puts: 108,670 (50%)
Prior (08/20) 193,675
Calls: 107,737 (56%)
Puts: 85,938 (44%)
Current vs Prior +12.44%
Prior 7-Day Total 1,390,785
Calls: 754,104 (54%)
Puts: 636,681 (46%)
Prior 7-Day Average 198,683
Calls: 107,729 (54%)
Puts: 90,954 (46%)
Current vs Prior 7-Day Avg +9.60%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 1.20% | 10.02%1.20% | 20.70%
Prior 5.58% | 11.70%5.58% | 22.83%
Current vs Prior +79.70% | +20.51%-78.51% | -9.31%
Prior 7-Day Avg 8.93% | 14.28%10.53% | 25.54%
Current vs 7-Day Avg +12.15% | -1.28%-88.62% | -18.96%
Prior 7-Day Eod 5.58% | 11.70%5.58% | 22.83%
Current vs 7-Day Eod +79.70% | +20.51%-78.51% | -9.31%
Sentiment BEARISHBULLISH

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 32.84% | 20.22%
Calls: 40.28% | 20.86%
Puts: 25.40% | 19.58%
Current vs 7-Day Avg +10.53% | +4.66%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 64% put dollar volume ($35.72M). Elevated premium activity with dollar volume up 96% vs prior. Above-average activity with volume up 70% vs prior. P/C ratio rising 200% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 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 20 of results (avg 7.8%, best 5.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 188.809.30$9.055.5%1060.311.1K
$205.00Aug 285.706.10$5.906.8%4030.38400
$195.00Sep 1819.0020.50$19.757.6%120.55127
$190.00Sep 1820.6022.30$21.457.9%100.6062
$215.00Aug 283.403.70$3.558.5%4130.261.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 1814.2015.00$14.605.5%1450.40735
$192.50Aug 286.807.30$7.057.1%1740.4130
$197.50Aug 289.5010.20$9.857.1%1450.5055
$195.00Aug 288.008.60$8.307.2%2660.45215
$205.00Aug 2814.3015.40$14.857.4%5190.62461

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.83, cheapest $0.83)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 280.750.90$0.8318.1%2510.08294

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 115 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 2134.4040.10$37.2515.3%11.00--
$170.00Aug 2122.1030.10$26.1030.7%141.0039
$175.00Aug 2118.8025.30$22.0529.5%11.00--
$180.00Aug 2114.4020.30$17.3534.0%11.0079
$185.00Aug 218.9015.10$12.0051.7%41.00101
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 2131.9035.60$33.7511.0%1170.991.5K
$232.50Aug 2132.4040.60$36.5022.5%120.9970
$235.00Aug 2137.1041.00$39.0510.0%310.99143
$222.50Aug 2122.4030.60$26.5030.9%340.99183
$225.00Aug 2127.9030.50$29.208.9%2670.99589

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 36.8K, top 2.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Aug 210.000.05$0.03166.7%1.6K0.02448
$210.00Aug 210.000.05$0.03166.7%1.5K0.011.6K
$200.00Aug 210.000.05$0.03166.7%1.5K0.032.3K
$202.50Aug 210.000.10$0.05200.0%8340.04137
$210.00Aug 284.405.00$4.7012.8%6540.32382
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 213.505.00$4.2535.3%2.2K0.973.7K
$195.00Aug 210.000.05$0.03166.7%1.8K0.08983
$200.00Aug 2810.9011.80$11.357.9%1.3K0.54531
$165.00Sep 184.405.00$4.7012.8%1.1K0.18329
$185.00Sep 1811.5012.90$12.2011.5%1.1K0.36332

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 7.3%, max 13.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$197.50Aug 21Oct 2102.5%90.1%13.7%32850
$177.50Aug 28Sep 1178.9%78.2%0.9%5529
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$197.50Aug 21Oct 2102.5%90.1%13.7%598328
$177.50Aug 28Sep 1178.9%78.2%0.9%99130

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 165 found (best R:R 5.06, avg 3.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$220.00Sep 18$1.65$8.35$1.6543%5.06$211.65
$170.00$175.00Sep 11$2.30$2.70$2.3081%1.17$172.30
$177.50$180.00Aug 28$0.50$2.00$0.5084%4.00$178.00
$177.50$185.00Sep 11$3.80$3.70$3.8074%0.97$181.30
$195.00$200.00Sep 11$1.30$3.70$1.3055%2.85$196.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$207.50$205.00Aug 21$1.05$1.45$1.0597%1.38$206.45
$232.50$230.00Aug 28$1.15$1.35$1.1587%1.17$231.35
$210.00$205.00Oct 2$1.50$3.50$1.5052%2.33$208.50
$222.50$220.00Aug 21$1.50$1.00$1.5099%0.67$221.00
$200.00$197.50Sep 25$0.20$2.30$0.2047%11.50$199.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 3.00, avg 0.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$227.50$230.00Sep 25$1.60$1.60$0.9063%1.78$229.10
$210.00$212.50Oct 2$1.85$1.85$0.6551%2.85$211.85
$232.50$235.00Sep 11$1.25$1.25$1.2573%1.00$233.75
$220.00$222.50Aug 28$0.95$0.95$1.5578%0.61$220.95
$207.50$210.00Sep 4$1.45$1.45$1.0559%1.38$208.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$185.00$180.00Oct 2$3.75$3.75$1.2564%3.00$181.25
$195.00$190.00Sep 18$3.90$3.90$1.1056%3.55$191.10
$182.50$180.00Sep 11$2.20$2.20$0.3068%7.33$180.30
$170.00$165.00Oct 2$2.45$2.45$2.5575%0.96$167.55
$192.50$190.00Sep 4$2.20$2.20$0.3058%7.33$190.30

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 69 found (cheapest 0.50% of stock, avg 14.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$195.00Aug 21$0.95$0.03$0.98$194.02$195.980.50%
$197.50Aug 21$0.13$1.40$1.53$195.97$199.030.78%
$192.50Aug 21$3.75$0.05$3.80$188.70$196.301.94%
$200.00Aug 21$0.03$4.25$4.28$195.72$204.282.18%
$190.00Aug 21$6.38$0.03$6.41$183.59$196.413.27%
$202.50Aug 21$0.05$7.80$7.85$194.65$210.354.00%
$205.00Aug 21$0.03$9.40$9.43$195.57$214.434.81%
$187.50Aug 21$9.60$0.13$9.73$177.77$197.234.96%
$207.50Aug 21$0.08$10.45$10.53$196.97$218.035.37%
$185.00Aug 21$12.00$0.03$12.03$172.97$197.036.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 143 found (cheapest 0.08% of stock, avg 13.99%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$197.50$195.00Aug 21$0.13$0.03$0.16$194.84$197.66
$197.50$192.50Aug 21$0.13$0.05$0.18$192.32$197.68
$197.50$187.50Aug 21$0.13$0.13$0.26$187.24$197.76
$210.00$187.50Aug 28$4.70$5.05$9.75$177.75$219.75
$207.50$187.50Aug 28$5.45$5.05$10.50$177.00$218.00
$210.00$190.00Aug 28$4.70$6.00$10.70$179.30$220.70
$207.50$190.00Aug 28$5.45$6.00$11.45$178.55$218.95
$205.00$187.50Aug 28$5.90$5.05$10.95$176.55$215.95
$205.00$190.00Aug 28$5.90$6.00$11.90$178.10$216.90
$202.50$187.50Aug 28$6.45$5.05$11.50$176.00$214.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 115 found (best R:R 4.56, avg credit $1.23)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
162/165232/235Sep 11$2.05$0.4557%4.56$162.95$234.55
180/182220/222Aug 28$2.09$0.4153%5.10$180.41$222.09
185/188220/222Aug 28$2.15$0.3546%6.14$185.35$222.15
175/178225/228Sep 4$2.05$0.4549%4.56$175.45$227.05
162/165222/225Sep 11$1.90$0.6052%3.17$163.10$224.40
180/182210/212Aug 28$2.04$0.4644%4.43$180.46$212.04
170/175232/235Sep 11$3.15$1.8548%1.70$171.85$235.65
178/180232/235Sep 11$1.95$0.5544%3.55$178.05$234.45
175/178220/222Aug 28$1.48$1.0262%1.45$176.02$221.48
185/188210/212Aug 28$2.10$0.4036%5.25$185.40$212.10

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 100 found (best R:R 2.47, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$197.50$200.00Aug 21$0.72$1.7897%2.47
$197.50$200.00$202.50Aug 21$0.12$2.3812%19.83
$212.50$215.00$217.50Aug 28$0.05$2.454%49.00
$202.50$205.00$207.50Aug 28$0.10$2.406%24.00
$207.50$210.00$212.50Aug 21$0.05$2.452%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$210.00$220.00Sep 18$0.30$9.7014%32.33
$195.00$197.50$200.00Aug 21$1.48$1.0289%0.69
$192.50$195.00$197.50Aug 21$1.39$1.1179%0.80
$187.50$190.00$192.50Aug 28$0.10$2.409%24.00
$160.00$162.50$165.00Aug 28$0.05$2.452%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. 68 found (best net $-0.70, 61 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$192.501:2Aug 21-$1.12$1.38
$202.50$205.001:2Aug 21-$0.01$2.49
$200.00$202.501:2Aug 21-$0.07$2.43
$215.00$217.501:2Aug 21-$0.01$2.49
$210.00$212.501:2Aug 21-$0.03$2.47
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$202.50$200.001:2Aug 21-$0.70$1.80
$195.00$192.501:2Aug 21-$0.07$2.43
$192.50$190.001:2Aug 21-$0.01$2.49
$180.00$175.001:2Aug 21-$0.03$4.97
$175.00$170.001:2Aug 21-$0.03$4.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 6.93%, avg 4.72%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$222.50Oct 2$13.600.4213.4%6.93%20.38%1--
$210.00Oct 2$17.600.497.1%8.97%16.05%4--
$215.00Oct 2$15.500.469.6%7.90%17.52%1--
$220.00Oct 2$13.800.4312.2%7.04%19.21%18
$235.00Oct 2$10.400.3519.8%5.30%25.12%1812
$225.00Oct 2$12.100.4014.7%6.17%20.89%1--
$217.50Oct 2$14.200.4410.9%7.24%18.14%41
$205.00Oct 2$18.700.524.5%9.53%14.06%16--
$200.00Oct 2$20.900.552.0%10.66%12.63%196
$232.50Oct 2$9.900.3618.5%5.05%23.59%1--

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 30,611
Total Puts 27,046
Put/Call Ratio 0.88
Net Difference 3,565

Prior's Put/Call Breakdown

Total Calls 26,178
Total Puts 7,699
Put/Call Ratio 0.29
Net Difference 18,479

Prior 7-Day Put/Call Summary

Total Calls 315,020
Total Puts 280,597
Average Put/Call Ratio 0.87
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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