Tour v290
CI
THE CIGNA GROUP
$287.77 +3.86%
7/2 18:18

Option Volume

Detail
Current (07/02) 2,824
Calls: 2,197 (78%)
Puts: 627 (22%)
Prior (07/01) 1,035
Calls: 819 (79%)
Puts: 216 (21%)
Current vs Prior +172.85%
Calls: +168.25% (Calls)
Puts: +190.28% (Puts)
Prior 7-Day Total 8,700
Calls: 6,136 (71%)
Puts: 2,564 (29%)
Prior 7-Day Average 1,242
Calls: 876 (71%)
Puts: 366 (29%)
Current vs Prior 7-Day Avg +127.22%
Calls: +150.64%
Puts: +71.18%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $1.95M
Calls: $1.72M (88%)
Puts: $234.3K (12%)
Prior (07/01) $1.44M
Calls: $1.19M (82%)
Puts: $253.1K (18%)
Current vs Prior +35.41%
Calls: +44.51%
Puts: -7.41%
Prior 7-Day Total $8.45M
Calls: $6.60M (78%)
Puts: $1.84M (22%)
Prior 7-Day Average $1.21M
Calls: $943.5K (78%)
Puts: $262.9K (22%)
Current vs Prior 7-Day Avg +61.98%
Calls: +82.29%
Puts: -10.88%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.29
Prior (07/01) 0.26
Current vs Prior +8.21%
Prior 7-Day Average 0.43
Current vs Prior 7-Day Avg -32.95%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 16,949
Calls: 9,708 (57%)
Puts: 7,241 (43%)
Prior (07/01) 25,005
Calls: 22,211 (89%)
Puts: 2,794 (11%)
Current vs Prior -32.22%
Prior 7-Day Total 93,421
Calls: 74,019 (72%)
Puts: 29,080 (28%)
Prior 7-Day Average 13,345
Calls: 10,574 (72%)
Puts: 4,154 (28%)
Current vs Prior 7-Day Avg +27.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.40% | 4.03%4.87% | 11.87%
Prior 2.12% | 4.20%5.29% | 11.53%
Current vs Prior +89.94% | +15.70%-8.03% | +2.92%
Prior 7-Day Avg 2.44% | 3.88%5.54% | 11.94%
Current vs 7-Day Avg +65.15% | +25.47%-12.16% | -0.58%
Prior 7-Day Eod 2.12% | 4.20%-- | --
Current vs 7-Day Eod +89.94% | +15.70%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Prior 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 53.65% | 23.71%
Calls: 58.91% | 24.32%
Puts: 48.06% | 27.68%
Current vs 7-Day Avg +1.88% | -58.20%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($1.72M) vs puts ($234.3K). Dollar volume significantly above 7-day average (62% higher). Unusually high activity with volume up 173% vs prior - elevated interest. Volume explosion - 127% above 7-day average (2,824 vs avg 1,242).

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 BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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 1 of results (avg 6.9%, best 6.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 1746.0049.30$47.656.9%11.00--
PUTS (0)
No puts meet the criteria

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. 28 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Jul 21.003.40$2.20109.1%531.0022
$240.00Jul 1746.0049.30$47.656.9%11.00--
$270.00Jul 215.6018.50$17.0517.0%10.951
$267.50Jul 1019.4021.80$20.6011.7%10.93--
$270.00Jul 1017.0019.60$18.3014.2%10.922
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Jul 20.001.25$0.63198.4%1971.00200
$290.00Jul 105.407.00$6.2025.8%1970.5713

Most actively traded options today. High liquidity = easy entry/exit. 81 active (total vol 1.4K, top 197)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Jul 246.607.90$7.2517.9%1370.4729
$300.00Jul 171.602.90$2.2557.8%1170.24654
$285.00Jul 21.003.40$2.20109.1%531.0022
$280.00Jul 25.708.10$6.9034.8%520.84147
$290.00Jul 102.554.60$3.5857.3%490.43288
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Jul 20.001.25$0.63198.4%1971.00200
$290.00Jul 105.407.00$6.2025.8%1970.5713
$275.00Jul 100.301.60$0.95136.8%220.1420
$270.00Jul 100.050.90$0.48177.1%200.0816
$280.00Jul 172.804.00$3.4035.3%190.32146

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 1144.6%, max 2153.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$297.50Jul 2Jul 17499.0%27.0%1748.1%5--
$275.00Jul 2Aug 14605.0%33.0%1733.3%1931
$270.00Jul 2Jul 24554.0%31.0%1687.1%21
$277.50Jul 2Jul 10422.0%28.0%1407.1%3129
$280.00Jul 2Jul 31378.0%34.0%1011.8%60152
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$272.50Jul 2Jul 10676.0%30.0%2153.3%620
$275.00Jul 2Aug 14605.0%33.0%1733.3%1130
$270.00Jul 2Aug 7554.0%34.0%1529.4%2--
$260.00Jul 2Jul 17538.0%34.0%1482.4%41.9K
$277.50Jul 2Jul 10422.0%28.0%1407.1%513

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 30.25, avg 5.24)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$320.00Jul 17$0.63$9.37$0.6314.87$310.63
$302.50$310.00Jul 17$0.70$6.80$0.709.71$303.20
$285.00$287.50Jul 10$0.30$2.20$0.307.33$285.30
$300.00$302.50Jul 10$0.30$2.20$0.307.33$300.30
$297.50$300.00Jul 17$0.43$2.07$0.434.81$297.93
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$260.00Jul 2$0.32$9.68$0.3230.25$269.68
$262.50$260.00Jul 10$0.10$2.40$0.1024.00$262.40
$280.00$277.50Jul 2$0.17$2.33$0.1713.71$279.83
$275.00$272.50Jul 10$0.22$2.28$0.2210.36$274.78
$272.50$270.00Jul 10$0.25$2.25$0.259.00$272.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 50 found (best R:R 19.69, avg 2.00)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$240.00$270.00Jul 17$28.55$28.55$1.4519.69$268.55
$270.00$275.00Jul 2$4.70$4.70$0.3015.67$274.70
$267.50$270.00Jul 10$2.30$2.30$0.2011.50$269.80
$282.50$285.00Jul 2$2.25$2.25$0.259.00$284.75
$277.50$280.00Jul 10$2.05$2.05$0.454.56$279.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$290.00$285.00Jul 10$2.37$2.37$2.630.90$287.63
$280.00$277.50Jul 10$1.08$1.08$1.420.76$278.92
$285.00$282.50Jul 10$1.08$1.08$1.420.76$283.92
$282.50$280.00Jul 17$0.95$0.95$1.550.61$281.55
$280.00$275.00Aug 7$1.65$1.65$3.350.49$278.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $1.75, cheapest $0.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$275.00Jul 2Jul 10$0.75605.0%29.0%
$287.50Jul 10Jul 17$0.9530.0%26.0%
$302.50Jul 10Jul 17$1.0027.0%27.0%
$270.00Jul 2Jul 10$1.25554.0%30.0%
$300.00Jul 10Jul 17$1.3227.0%28.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$270.00Jul 2Jul 10$0.13554.0%30.0%
$260.00Jul 2Jul 10$0.27538.0%40.0%
$262.50Jul 10Jul 17$0.2839.0%32.0%
$277.50Jul 2Jul 10$0.67422.0%28.0%
$280.00Jul 2Jul 10$1.58378.0%32.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 0.98% of stock, avg 5.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$285.00Jul 2$2.20$0.63$2.83$282.17$287.830.98%
$282.50Jul 2$4.45$0.63$5.08$277.42$287.581.77%
$280.00Jul 2$6.90$0.80$7.70$272.30$287.702.68%
$285.00Jul 10$5.70$3.83$9.53$275.47$294.533.31%
$290.00Jul 10$3.58$6.20$9.78$280.22$299.783.40%
$277.50Jul 2$9.45$0.63$10.08$267.42$287.583.50%
$282.50Jul 10$7.35$2.75$10.10$272.40$292.603.51%
$280.00Jul 10$9.35$2.38$11.73$268.27$291.734.08%
$277.50Jul 10$11.40$1.30$12.70$264.80$290.204.41%
$285.00Jul 17$7.90$5.10$13.00$272.00$298.004.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 76 found (cheapest 0.26% of stock, avg 1.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$290.00$282.50Jul 2$0.13$0.63$0.76$281.74$290.76
$290.00$277.50Jul 2$0.13$0.63$0.76$276.74$290.76
$290.00$280.00Jul 2$0.13$0.80$0.93$279.07$290.93
$292.50$282.50Jul 2$0.35$0.63$0.98$281.52$293.48
$292.50$277.50Jul 2$0.35$0.63$0.98$276.52$293.48
$295.00$282.50Jul 2$0.35$0.63$0.98$281.52$295.98
$295.00$277.50Jul 2$0.35$0.63$0.98$276.52$295.98
$292.50$280.00Jul 2$0.35$0.80$1.15$278.85$293.65
$295.00$280.00Jul 2$0.35$0.80$1.15$278.85$296.15
$290.00$272.50Jul 2$0.13$1.10$1.23$271.27$291.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 72 found (best R:R 15.67, avg credit $1.99)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
275/278280/282Jul 10$2.35$0.1515.67$275.15$282.35
270/272278/280Jul 10$2.30$0.2011.50$270.20$279.80
272/275278/280Jul 10$2.27$0.239.87$272.73$279.77
270/272280/282Jul 10$2.25$0.259.00$270.25$282.25
272/275280/282Jul 10$2.22$0.287.93$272.78$282.22
280/282288/290Jul 10$2.19$0.317.06$280.31$289.69
275/278288/290Jul 10$2.17$0.336.58$275.33$289.67
260/262278/280Jul 10$2.15$0.356.14$260.35$279.65
278/280292/295Jul 10$2.13$0.375.76$277.87$294.63
282/285292/295Jul 10$2.13$0.375.76$282.87$294.63

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$277.50$280.00$282.50Jul 10$0.05$2.4549.00
$277.50$280.00$282.50Jul 2$0.10$2.4024.00
$280.00$282.50$285.00Jul 2$0.20$2.3011.50
$295.00$297.50$300.00Jul 17$0.27$2.238.26
$280.00$282.50$285.00Jul 17$0.30$2.207.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$270.00$275.00$280.00Aug 7$0.15$4.8532.33
$265.00$267.50$270.00Jul 10$0.12$2.3819.83
$272.50$275.00$277.50Jul 10$0.13$2.3718.23
$280.00$282.50$285.00Jul 2$0.17$2.3313.71
$267.50$270.00$272.50Jul 10$0.20$2.3011.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 50 found (best net $-2.20, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$280.00$290.001:2Jul 24-$2.20$7.80
$302.50$310.001:2Jul 17-$0.23$7.27
$270.00$280.001:2Jul 17-$3.10$6.90
$270.00$280.001:2Jul 24-$4.40$5.60
$290.00$295.001:2Jul 17-$1.51$3.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$255.001:2Jul 10-$0.46$4.54
$290.00$285.001:2Jul 10-$1.46$3.54
$275.00$270.001:2Jul 24-$1.84$3.16
$262.50$260.001:2Jul 10-$0.20$2.30
$280.00$277.501:2Jul 10-$0.22$2.28

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 2.29%, avg 0.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$290.00Jul 24$6.600.470.8%2.29%3.07%13729
$290.00Jul 17$4.600.440.8%1.60%2.37%20300
$300.00Jul 31$4.500.344.2%1.56%5.81%1042
$295.00Jul 17$2.650.332.5%0.92%3.43%1--
$290.00Jul 10$2.550.430.8%0.89%1.66%49288
$310.00Aug 7$2.350.257.7%0.82%8.54%40--
$292.50Jul 10$2.150.361.6%0.75%2.39%10283
$297.50Jul 17$2.050.283.4%0.71%4.09%1--
$300.00Jul 17$1.600.244.2%0.56%4.81%117654
$302.50Jul 17$1.150.195.1%0.40%5.52%62

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 2,197
Total Puts 627
Put/Call Ratio 0.29
Net Difference 1,570

Prior's Put/Call Breakdown

Total Calls 819
Total Puts 216
Put/Call Ratio 0.26
Net Difference 603

Prior 7-Day Put/Call Summary

Total Calls 6,136
Total Puts 2,564
Average Put/Call Ratio 0.43
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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