Tour v508
CBRS
CEREBRAS SYS INC A
$231.67 -11.60%
8/13 10:20

Option Volume

Detail
Current (08/13 10:20am) 47,188
Calls: 21,785 (46%)
Puts: 25,403 (54%)
Prior (06/24) 9,065
Calls: 5,703 (63%)
Puts: 3,362 (37%)
Current vs Prior +420.55%
Calls: +281.99% (Calls)
Puts: +655.59% (Puts)
Prior 7-Day Total 340,599
Calls: 194,450 (57%)
Puts: 146,149 (43%)
Prior 7-Day Average 48,657
Calls: 27,778 (57%)
Puts: 20,878 (43%)
Current vs Prior 7-Day Avg -3.02%
Calls: -21.58%
Puts: +21.67%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/13 10:20am) $33.56M
Calls: $17.55M (52%)
Puts: $16.01M (48%)
Prior (06/24) $6.03M
Calls: $2.41M (40%)
Puts: $3.63M (60%)
Current vs Prior +456.17%
Calls: +628.58%
Puts: +341.62%
Prior 7-Day Total $353.55M
Calls: $233.15M (66%)
Puts: $120.40M (34%)
Prior 7-Day Average $50.51M
Calls: $33.31M (66%)
Puts: $17.20M (34%)
Current vs Prior 7-Day Avg -33.55%
Calls: -47.31%
Puts: -6.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/13 10:20am) 1.17
Prior (06/24) 0.59
Current vs Prior +97.80%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg +34.47%
Sentiment BEARISH

Open Interest

Detail
Current (08/13 10:20am) 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 6.99% | 13.17%13.17% | 27.91%
Prior 13.61% | 18.32%18.32% | 30.25%
Current vs Prior -48.61% | -28.14%-28.14% | -7.74%
Prior 7-Day Avg 13.41% | 17.54%18.27% | 30.88%
Current vs 7-Day Avg -47.84% | -24.94%-27.94% | -9.64%
Prior 7-Day Eod 13.61% | 18.32%18.41% | 29.99%
Current vs 7-Day Eod -48.61% | -28.14%-28.50% | -6.96%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 26.21% | 14.58%
Calls: 21.97% | 10.73%
Puts: 30.46% | 18.43%
Prior 12.10% | 14.57%
Calls: 10.41% | 7.93%
Puts: 13.79% | 21.21%
Current vs Prior +116.61% | +0.07%
Prior 7-Day Avg 15.88% | 17.87%
Calls: 14.07% | 15.34%
Puts: 17.69% | 20.39%
Current vs 7-Day Avg +65.07% | -18.42%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 456% vs prior. Unusually high activity with volume up 421% vs prior - elevated interest. Slightly bearish P/C ratio of 1.17. P/C ratio rising 98% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:20BULLISHBEARISHBEARISH
10:15BULLISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
10:05BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
09:50BULLISHBEARISHBEARISH
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 2 of results (avg 8.4%, best 8.0%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Sep 1816.5018.00$17.258.7%260.39153
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Sep 1838.3041.50$39.908.0%150.5332

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.88, cheapest $0.88)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Aug 140.800.95$0.8817.0%2.1K0.101.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 132 found (avg delta 0.69, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 1439.6045.80$42.7014.5%31.0060
$187.50Aug 1441.9048.20$45.0514.0%--1.0011
$195.00Aug 1434.3040.80$37.5517.3%--0.99180
$197.50Aug 1432.1038.50$35.3018.1%--0.9814
$200.00Aug 1430.1036.00$33.0517.9%90.98147
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Aug 1439.8046.20$43.0014.9%51.0010
$270.00Aug 1435.6041.20$38.4014.6%20.99798
$267.50Aug 1432.4038.90$35.6518.2%40.985
$265.00Aug 1430.2036.30$33.2518.3%150.9584
$262.50Aug 1428.1034.00$31.0519.0%440.94161

Most actively traded options today. High liquidity = easy entry/exit. 272 active (total vol 32.0K, top 6.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 144.105.00$4.5519.8%1.8K0.36628
$250.00Aug 141.952.35$2.1518.6%1.1K0.20711
$260.00Aug 140.951.45$1.2041.7%1.0K0.12976
$225.00Aug 149.9013.30$11.6029.3%1.0K0.67234
$227.50Aug 149.0012.20$10.6030.2%4450.62103
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 140.150.25$0.2050.0%6.0K0.032.1K
$210.00Aug 140.800.95$0.8817.0%2.1K0.101.6K
$220.00Aug 142.653.00$2.8312.4%1.7K0.241.2K
$225.00Aug 143.504.90$4.2033.3%1.4K0.34326
$230.00Aug 145.707.20$6.4523.3%1.2K0.44682

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 31 strikes (avg 37.9%, max 48.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Aug 14Sep 11152.3%102.4%48.7%130178
$237.50Aug 14Sep 11148.8%101.4%46.8%1141.3K
$252.50Aug 14Sep 11152.4%104.1%46.4%4283
$247.50Aug 14Sep 4152.9%106.7%43.3%8680
$245.00Aug 14Sep 25146.8%103.9%41.3%4341.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$237.50Aug 14Sep 25148.8%103.6%43.6%161115
$247.50Aug 14Sep 4152.9%106.7%43.3%3450
$242.50Aug 14Sep 11145.2%102.5%41.8%1150
$245.00Aug 14Sep 25146.8%103.9%41.3%70301
$230.00Aug 14Sep 25138.7%98.6%40.6%1.2K1.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 208 found (best R:R 0.75, avg 2.78)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$195.00$217.50Sep 25$12.85$9.65$12.8574%0.75$207.85
$260.00$275.00Sep 25$3.75$11.25$3.7544%3.00$263.75
$210.00$220.00Sep 18$4.50$5.50$4.5070%1.22$214.50
$202.50$212.50Sep 11$4.90$5.10$4.9074%1.04$207.40
$237.50$250.00Sep 11$4.00$8.50$4.0053%2.12$241.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$247.50$245.00Aug 28$0.80$1.70$0.8058%2.12$246.70
$260.00$257.50Aug 14$1.65$0.85$1.6591%0.52$258.35
$235.00$232.50Sep 25$0.55$1.95$0.5545%3.55$234.45
$250.00$247.50Aug 21$1.05$1.45$1.0565%1.38$248.95
$200.00$197.50Sep 4$0.10$2.40$0.1024%24.00$199.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 147 found (best R:R 1.78, avg 0.70)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$265.00$270.00Aug 28$2.10$2.10$2.9068%0.72$267.10
$275.00$277.50Aug 21$0.87$0.87$1.6381%0.53$275.87
$232.50$235.00Aug 28$1.60$1.60$0.9047%1.78$234.10
$247.50$250.00Aug 14$0.83$0.83$1.6775%0.50$248.33
$235.00$237.50Sep 11$1.60$1.60$0.9046%1.78$236.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$220.00$210.00Sep 18$6.40$6.40$3.6063%1.78$213.60
$215.00$205.00Sep 25$4.85$4.85$5.1565%0.94$210.15
$215.00$210.00Sep 11$2.95$2.95$2.0566%1.44$212.05
$202.50$200.00Sep 11$1.90$1.90$0.6073%3.17$200.60
$220.00$215.00Aug 28$2.95$2.95$2.0563%1.44$217.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $7.28, cheapest $7.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$237.50Aug 14Aug 21$7.30148.8%112.9%
$227.50Aug 14Aug 21$7.05135.1%100.5%
$242.50Aug 14Aug 21$7.30145.2%112.7%
$232.50Aug 14Aug 21$7.50140.6%108.4%
$230.00Aug 14Aug 21$7.20138.7%106.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$237.50Aug 14Aug 21$7.35148.8%112.9%
$227.50Aug 14Aug 21$6.65135.1%100.5%
$242.50Aug 14Aug 21$7.20145.2%112.7%
$232.50Aug 14Aug 21$7.10140.6%108.4%
$230.00Aug 14Aug 21$7.45138.7%106.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 75 found (cheapest 6.37% of stock, avg 16.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$232.50Aug 14$7.20$7.55$14.75$217.75$247.256.37%
$235.00Aug 14$6.10$8.80$14.90$220.10$249.906.43%
$230.00Aug 14$8.65$6.45$15.10$214.90$245.106.52%
$227.50Aug 14$10.60$5.15$15.75$211.75$243.256.80%
$225.00Aug 14$11.60$4.20$15.80$209.20$240.806.82%
$237.50Aug 14$5.75$10.55$16.30$221.20$253.807.04%
$222.50Aug 14$12.65$3.70$16.35$206.15$238.857.06%
$240.00Aug 14$4.55$12.05$16.60$223.40$256.607.17%
$220.00Aug 14$14.90$2.83$17.73$202.27$237.737.65%
$242.50Aug 14$3.90$14.10$18.00$224.50$260.507.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 3.02% of stock, avg 14.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$245.00$222.50Aug 14$3.30$3.70$7.00$215.50$252.00
$242.50$222.50Aug 14$3.90$3.70$7.60$214.90$250.10
$245.00$225.00Aug 14$3.30$4.20$7.50$217.50$252.50
$242.50$225.00Aug 14$3.90$4.20$8.10$216.90$250.60
$240.00$222.50Aug 14$4.55$3.70$8.25$214.25$248.25
$240.00$225.00Aug 14$4.55$4.20$8.75$216.25$248.75
$245.00$227.50Aug 14$3.30$5.15$8.45$219.05$253.45
$242.50$227.50Aug 14$3.90$5.15$9.05$218.45$251.55
$240.00$227.50Aug 14$4.55$5.15$9.70$217.80$249.70
$237.50$225.00Aug 14$5.75$4.20$9.95$215.05$247.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 104 found (best R:R 1.44, avg credit $1.35)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
192/195265/270Aug 28$2.95$2.0550%1.44$192.05$267.95
200/202265/270Aug 28$3.20$1.8044%1.78$199.30$268.20
218/220248/250Aug 14$1.63$0.8751%1.87$218.37$249.13
195/198265/270Aug 28$3.00$2.0048%1.50$194.50$268.00
220/222248/250Aug 14$1.70$0.8047%2.13$220.80$249.20
215/218248/250Aug 14$1.41$1.0956%1.29$216.09$248.91
218/220258/260Aug 14$1.20$1.3061%0.92$218.80$258.70
205/208248/250Aug 14$1.05$1.4567%0.72$206.45$248.55
210/212265/270Aug 28$3.40$1.6037%2.13$209.10$268.40
220/222258/260Aug 14$1.27$1.2357%1.03$221.23$258.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$265.00$270.00$275.00Aug 21$0.05$4.955%99.00
$222.50$225.00$227.50Aug 14$0.05$2.4510%49.00
$230.00$232.50$235.00Aug 21$0.05$2.455%49.00
$267.50$270.00$272.50Aug 14$0.07$2.432%34.71
$265.00$267.50$270.00Aug 14$0.11$2.393%21.73
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$217.50$220.00$222.50Aug 14$0.07$2.439%34.71
$192.50$195.00$197.50Aug 28$0.05$2.454%49.00
$230.00$232.50$235.00Aug 14$0.15$2.3511%15.67
$230.00$235.00$240.00Sep 4$0.20$4.807%24.00
$215.00$217.50$220.00Aug 21$0.10$2.405%24.00

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 $--, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$275.00$277.501:2Aug 14-$0.17$2.33
$272.50$275.001:2Aug 14-$0.26$2.24
$265.00$267.501:2Aug 14-$0.34$2.16
$267.50$270.001:2Aug 14-$0.33$2.17
$270.00$272.501:2Aug 14-$0.35$2.15
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$192.501:2Aug 14$0.00$2.50
$197.50$195.001:2Aug 14-$0.02$2.48
$192.50$190.001:2Aug 14-$0.01$2.49
$202.50$200.001:2Aug 14-$0.10$2.40
$190.00$187.501:2Aug 14-$0.07$2.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 6.65%, avg 4.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$275.00Sep 25$15.400.3818.7%6.65%25.35%--16
$260.00Sep 25$19.400.4412.2%8.37%20.60%110
$260.00Sep 18$19.000.4412.2%8.20%20.43%127263
$270.00Sep 18$16.500.3916.6%7.12%23.67%26153
$250.00Sep 25$22.400.487.9%9.67%17.58%--25
$245.00Sep 25$23.600.505.8%10.19%15.94%51
$240.00Sep 25$25.800.533.6%11.14%14.73%34
$250.00Sep 18$21.200.497.9%9.15%17.06%135362
$235.00Sep 25$28.200.551.4%12.17%13.61%12
$240.00Sep 18$25.100.533.6%10.83%14.43%16128

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 21,785
Total Puts 25,403
Put/Call Ratio 1.17
Net Difference -3,618

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 194,450
Total Puts 146,149
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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