Tour v508
CBRS
CEREBRAS SYS INC A
$230.61 -12.00%
8/13 09:45

Option Volume

Detail
Current (08/13 9:45am) 26,868
Calls: 11,969 (45%)
Puts: 14,899 (55%)
Prior (06/24) 9,065
Calls: 5,703 (63%)
Puts: 3,362 (37%)
Current vs Prior +196.39%
Calls: +109.87% (Calls)
Puts: +343.16% (Puts)
Prior 7-Day Total 290,045
Calls: 170,281 (59%)
Puts: 119,764 (41%)
Prior 7-Day Average 41,435
Calls: 24,325 (59%)
Puts: 17,109 (41%)
Current vs Prior 7-Day Avg -35.16%
Calls: -50.80%
Puts: -12.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/13 9:45am) $17.47M
Calls: $8.32M (48%)
Puts: $9.14M (52%)
Prior (06/24) $6.03M
Calls: $2.41M (40%)
Puts: $3.63M (60%)
Current vs Prior +189.50%
Calls: +245.61%
Puts: +152.21%
Prior 7-Day Total $315.61M
Calls: $211.24M (67%)
Puts: $104.37M (33%)
Prior 7-Day Average $45.09M
Calls: $30.18M (67%)
Puts: $14.91M (33%)
Current vs Prior 7-Day Avg -61.25%
Calls: -72.41%
Puts: -38.67%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/13 9:45am) 1.24
Prior (06/24) 0.59
Current vs Prior +111.16%
Prior 7-Day Average 0.92
Current vs Prior 7-Day Avg +35.49%
Sentiment BEARISH

Open Interest

Detail
Current (08/13 9:45am) 235,226
Calls: 128,210 (55%)
Puts: 107,016 (45%)
Prior (06/24) 149,169
Calls: 91,122 (61%)
Puts: 58,047 (39%)
Current vs Prior +57.69%
Prior 7-Day Total 1,197,571
Calls: 677,883 (57%)
Puts: 519,688 (43%)
Prior 7-Day Average 171,081
Calls: 96,840 (57%)
Puts: 74,241 (43%)
Current vs Prior 7-Day Avg +37.49%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 7.98% | 14.05%14.05% | 28.23%
Prior 13.61% | 18.32%18.32% | 30.25%
Current vs Prior -41.36% | -23.31%-23.31% | -6.67%
Prior 7-Day Avg 13.41% | 17.54%18.27% | 30.88%
Current vs 7-Day Avg -40.49% | -19.90%-23.09% | -8.59%
Prior 7-Day Eod 13.61% | 18.32%18.41% | 29.99%
Current vs 7-Day Eod -41.36% | -23.31%-23.69% | -5.88%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 17.50% | 16.04%
Calls: 21.23% | 11.76%
Puts: 13.76% | 20.31%
Prior 12.10% | 14.57%
Calls: 10.41% | 7.93%
Puts: 13.79% | 21.21%
Current vs Prior +44.63% | +10.09%
Prior 7-Day Avg 15.88% | 17.87%
Calls: 14.07% | 15.34%
Puts: 17.69% | 20.39%
Current vs 7-Day Avg +10.22% | -10.25%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 190% vs prior. Unusually high activity with volume up 196% vs prior - elevated interest. Bearish P/C ratio of 1.24 indicates protective positioning. P/C ratio rising 111% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BEARISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BEARISHBEARISHBEARISH

📈 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 4 of results (avg 9.3%, best 8.6%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 142.452.70$2.589.7%4580.22711
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 147.808.50$8.158.6%4700.45682
$240.00Sep 1832.9036.10$34.509.3%130.4838
$260.00Sep 440.8045.00$42.909.8%50.627

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.43, cheapest $0.43)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 140.400.45$0.4311.6%3.5K0.052.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 124 found (avg delta 0.69, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.50Aug 1439.9047.00$43.4516.3%--0.9911
$190.00Aug 1438.8045.00$41.9014.8%30.9860
$195.00Aug 1432.5040.10$36.3020.9%--0.97180
$197.50Aug 1430.1037.50$33.8021.9%--0.9614
$200.00Aug 1428.1035.00$31.5521.9%50.95147
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Aug 1441.1048.10$44.6015.7%--0.9310
$270.00Aug 1436.7043.30$40.0016.5%20.91798
$267.50Aug 1434.3041.00$37.6517.8%10.915
$265.00Aug 1432.1038.60$35.3518.4%120.9084
$262.50Aug 1429.6035.10$32.3517.0%350.89161

Most actively traded options today. High liquidity = easy entry/exit. 241 active (total vol 18.8K, top 3.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$225.00Aug 1410.0013.40$11.7029.1%9480.64234
$240.00Aug 144.305.50$4.9024.5%8620.37628
$260.00Aug 141.201.65$1.4231.7%5080.13976
$250.00Aug 142.452.70$2.589.7%4580.22711
$245.00Aug 142.854.50$3.6844.8%3400.291.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 140.400.45$0.4311.6%3.5K0.052.1K
$220.00Aug 143.203.90$3.5519.7%1.3K0.271.2K
$225.00Aug 145.006.30$5.6523.0%1.2K0.36326
$210.00Aug 141.251.60$1.4324.5%1.1K0.131.6K
$190.00Aug 140.100.15$0.1338.5%5800.021.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 35 strikes (avg 50.6%, max 62.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Aug 14Sep 11169.7%104.2%62.9%69178
$225.00Aug 14Sep 25155.0%98.1%58.1%951237
$240.00Aug 14Sep 18162.2%102.8%57.7%870756
$217.50Aug 14Sep 25156.1%100.5%55.3%7185
$227.50Aug 14Sep 25155.2%100.1%55.0%13105
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Aug 14Sep 25169.7%105.7%60.6%31396
$222.50Aug 14Sep 11161.8%102.0%58.6%28138
$225.00Aug 14Sep 25155.0%98.1%58.1%1.2K330
$215.00Aug 14Sep 25153.0%98.0%56.1%219487
$250.00Aug 14Sep 18162.7%104.2%56.1%128904

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 204 found (best R:R 0.78, avg 2.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$195.00$217.50Sep 25$12.65$9.85$12.6574%0.78$207.65
$210.00$220.00Sep 18$3.55$6.45$3.5568%1.82$213.55
$200.00$220.00Sep 4$11.60$8.40$11.6076%0.72$211.60
$230.00$250.00Sep 25$8.00$12.00$8.0056%1.50$238.00
$260.00$275.00Sep 25$3.80$11.20$3.8043%2.95$263.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$235.00$232.50Sep 25$0.35$2.15$0.3545%6.14$234.65
$247.50$245.00Aug 14$1.25$1.25$1.2575%1.00$246.25
$210.00$202.50Sep 11$1.65$5.85$1.6532%3.55$208.35
$200.00$195.00Sep 11$0.70$4.30$0.7026%6.14$199.30
$255.00$252.50Aug 14$1.60$0.90$1.6082%0.56$253.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 137 found (best R:R 4.00, avg 0.71)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$250.00$252.50Aug 21$1.30$1.30$1.2064%1.08$251.30
$260.00$262.50Aug 21$0.95$0.95$1.5571%0.61$260.95
$245.00$250.00Aug 28$2.35$2.35$2.6556%0.89$247.35
$260.00$265.00Sep 4$2.00$2.00$3.0063%0.67$262.00
$235.00$237.50Sep 11$1.45$1.45$1.0548%1.38$236.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$215.00$210.00Sep 11$4.00$4.00$1.0065%4.00$211.00
$215.00$200.00Sep 25$6.55$6.55$8.4564%0.78$208.45
$210.00$200.00Sep 18$4.65$4.65$5.3568%0.87$205.35
$230.00$220.00Sep 18$5.80$5.80$4.2057%1.38$224.20
$205.00$200.00Sep 4$3.00$3.00$2.0072%1.50$202.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 18 found (avg debit $6.86, cheapest $6.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Aug 14Aug 21$6.20161.8%110.6%
$240.00Aug 14Aug 21$7.00162.2%114.0%
$225.00Aug 14Aug 21$6.20155.0%107.7%
$230.00Aug 14Aug 21$7.20154.9%110.5%
$237.50Aug 14Aug 21$6.90156.7%112.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Aug 14Aug 21$6.30161.8%110.6%
$240.00Aug 14Aug 21$7.20162.2%113.1%
$225.00Aug 14Aug 21$6.25155.0%107.7%
$230.00Aug 14Aug 21$6.60154.9%110.5%
$237.50Aug 14Aug 21$7.55156.7%112.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 68 found (cheapest 7.31% of stock, avg 16.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$227.50Aug 14$10.25$6.60$16.85$210.65$244.357.31%
$230.00Aug 14$8.95$8.15$17.10$212.90$247.107.42%
$225.00Aug 14$11.70$5.65$17.35$207.65$242.357.52%
$232.50Aug 14$7.90$9.45$17.35$215.15$249.857.52%
$235.00Aug 14$6.85$10.60$17.45$217.55$252.457.57%
$222.50Aug 14$12.65$4.85$17.50$205.00$240.007.59%
$220.00Aug 14$14.55$3.55$18.10$201.90$238.107.85%
$237.50Aug 14$5.90$12.30$18.20$219.30$255.707.89%
$240.00Aug 14$4.90$13.60$18.50$221.50$258.508.02%
$217.50Aug 14$16.35$2.90$19.25$198.25$236.758.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 3.14% of stock, avg 15.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$245.00$220.00Aug 14$3.68$3.55$7.23$212.77$252.23
$242.50$220.00Aug 14$4.15$3.55$7.70$212.30$250.20
$245.00$222.50Aug 14$3.68$4.85$8.53$213.97$253.53
$242.50$222.50Aug 14$4.15$4.85$9.00$213.50$251.50
$240.00$220.00Aug 14$4.90$3.55$8.45$211.55$248.45
$245.00$225.00Aug 14$3.68$5.65$9.33$215.67$254.33
$242.50$225.00Aug 14$4.15$5.65$9.80$215.20$252.30
$240.00$222.50Aug 14$4.90$4.85$9.75$212.75$249.75
$240.00$225.00Aug 14$4.90$5.65$10.55$214.45$250.55
$237.50$220.00Aug 14$5.90$3.55$9.45$210.55$246.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 124 found (best R:R 4.26, avg credit $1.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
200/205265/270Sep 4$4.05$0.9537%4.26$200.95$269.05
185/190265/270Sep 4$3.20$1.8047%1.78$186.80$268.20
198/200260/262Aug 21$1.67$0.8355%2.01$198.33$261.67
202/205260/262Aug 21$1.75$0.7551%2.33$203.25$261.75
220/222245/248Aug 14$1.93$0.5739%3.39$220.57$246.93
205/208260/262Aug 21$1.70$0.8048%2.13$205.80$261.70
210/215265/270Sep 4$3.85$1.1531%3.35$211.15$268.85
192/195260/262Aug 21$1.37$1.1359%1.21$193.63$261.37
220/222255/258Aug 14$1.60$0.9050%1.78$220.90$256.60
220/222248/250Aug 14$1.77$0.7343%2.42$220.73$249.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 97 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$235.00$240.00$245.00Aug 28$0.10$4.907%49.00
$232.50$235.00$237.50Aug 14$0.10$2.409%24.00
$232.50$235.00$237.50Aug 21$0.05$2.455%49.00
$247.50$250.00$252.50Aug 14$0.09$2.416%26.78
$250.00$252.50$255.00Aug 14$0.08$2.424%30.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$230.00$240.00Sep 18$0.10$9.9011%99.00
$230.00$235.00$240.00Sep 4$0.15$4.856%32.33
$207.50$210.00$212.50Aug 14$0.09$2.417%26.78
$247.50$250.00$252.50Aug 14$0.10$2.406%24.00
$195.00$197.50$200.00Aug 14$0.06$2.442%40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 41 found (best net $-0.03, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$272.50$275.001:2Aug 14-$0.21$2.29
$270.00$272.501:2Aug 14-$0.55$1.95
$260.00$262.501:2Aug 14-$0.68$1.82
$265.00$267.501:2Aug 14-$0.63$1.87
$267.50$270.001:2Aug 14-$0.72$1.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$187.501:2Aug 14-$0.03$2.47
$192.50$190.001:2Aug 14-$0.08$2.42
$187.50$185.001:2Aug 14-$0.08$2.42
$200.00$197.501:2Aug 14-$0.17$2.33
$195.00$192.501:2Aug 14-$0.13$2.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 6.63%, avg 4.17%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$275.00Sep 25$15.300.3819.2%6.63%25.88%--16
$260.00Sep 25$18.900.4312.7%8.20%20.94%--10
$250.00Sep 25$21.900.478.4%9.50%17.90%--25
$260.00Sep 18$18.200.4212.7%7.89%20.64%54263
$250.00Sep 18$21.400.478.4%9.28%17.69%110362
$270.00Sep 18$14.500.3817.1%6.29%23.37%7153
$240.00Sep 18$24.200.524.1%10.49%14.57%8128
$260.00Sep 11$14.000.4012.7%6.07%18.82%930
$270.00Sep 11$11.400.3517.1%4.94%22.02%513
$265.00Sep 11$11.700.3714.9%5.07%19.99%525

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 11,969
Total Puts 14,899
Put/Call Ratio 1.24
Net Difference -2,930

Prior's Put/Call Breakdown

Total Calls 5,703
Total Puts 3,362
Put/Call Ratio 0.59
Net Difference 2,341

Prior 7-Day Put/Call Summary

Total Calls 170,281
Total Puts 119,764
Average Put/Call Ratio 0.92
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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