Tour v292
CI
THE CIGNA GROUP
$281.98 -2.01%
7/6 18:17

Option Volume

Detail
Current (07/06) 2,475
Calls: 1,746 (71%)
Puts: 729 (29%)
Prior (07/02) 2,824
Calls: 2,197 (78%)
Puts: 627 (22%)
Current vs Prior -12.36%
Calls: -20.53% (Calls)
Puts: +16.27% (Puts)
Prior 7-Day Total 9,361
Calls: 6,723 (72%)
Puts: 2,638 (28%)
Prior 7-Day Average 1,560
Calls: 960 (72%)
Puts: 376 (28%)
Current vs Prior 7-Day Avg +58.64%
Calls: +81.79%
Puts: +93.44%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/06) $1.56M
Calls: $994.4K (64%)
Puts: $568.9K (36%)
Prior (07/02) $1.95M
Calls: $1.72M (88%)
Puts: $234.3K (12%)
Current vs Prior -20.01%
Calls: -42.19%
Puts: +142.78%
Prior 7-Day Total $8.22M
Calls: $6.51M (79%)
Puts: $1.71M (21%)
Prior 7-Day Average $1.37M
Calls: $930.0K (79%)
Puts: $244.9K (21%)
Current vs Prior 7-Day Avg +14.05%
Calls: +6.93%
Puts: +132.26%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/06) 0.42
Prior (07/02) 0.29
Current vs Prior +46.30%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg -0.76%
Sentiment BULLISH

Open Interest

Detail
Current (07/06) 22,013
Calls: 15,008 (68%)
Puts: 7,005 (32%)
Prior (07/02) 16,949
Calls: 9,708 (57%)
Puts: 7,241 (43%)
Current vs Prior +29.88%
Prior 7-Day Total 89,360
Calls: 65,718 (74%)
Puts: 23,642 (26%)
Prior 7-Day Average 14,893
Calls: 10,953 (74%)
Puts: 3,940 (26%)
Current vs Prior 7-Day Avg +47.80%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 3.26% | 4.75%4.75% | 11.37%
Prior 4.03% | 4.87%4.87% | 11.87%
Current vs Prior -19.06% | -2.32%-2.32% | -4.22%
Prior 7-Day Avg 2.68% | 4.11%5.37% | 11.84%
Current vs 7-Day Avg +21.91% | +15.51%-11.58% | -4.00%
Prior 7-Day Eod 4.03% | 4.86%-- | --
Current vs 7-Day Eod -19.06% | -2.32%-- | --
Sentiment BULLISHBULLISH

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 56.74% | 20.64%
Calls: 62.65% | 18.12%
Puts: 50.83% | 23.14%
Current vs 7-Day Avg -3.66% | -51.98%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($994.4K). Extreme bullish P/C ratio of 0.42 - heavy call buying (1,746 calls vs 729 puts). P/C ratio rising 46% - increased hedging/bearish positioning. Call-heavy open interest (15,008 calls vs 7,005 puts) suggests bullish positioning.

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 NEUTRAL
Current BULLISH
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 4 of results (avg 7.3%, best 4.1%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Jul 1050.7052.80$51.754.1%20.94--
$255.00Jul 1025.8027.70$26.757.1%20.92--
$252.50Jul 1027.7030.20$28.958.6%20.90--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 1422.2024.40$23.309.4%300.69--

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. 15 found (avg delta 0.68, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Jul 1050.7052.80$51.754.1%20.94--
$255.00Jul 1025.8027.70$26.757.1%20.92--
$252.50Jul 1027.7030.20$28.958.6%20.90--
$277.50Jul 106.307.20$6.7513.3%30.6865
$277.50Jul 178.009.30$8.6515.0%50.6330
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$292.50Jul 1010.4013.20$11.8023.7%100.84--
$292.50Jul 1711.7014.50$13.1021.4%100.75--
$300.00Aug 1422.2024.40$23.309.4%300.69--
$285.00Jul 105.205.90$5.5512.6%140.6218
$282.50Jul 103.804.50$4.1516.9%610.528

Most actively traded options today. High liquidity = easy entry/exit. 73 active (total vol 889, top 125)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.50Jul 170.151.00$0.57149.1%1250.095
$300.00Jul 170.651.20$0.9359.1%1000.13713
$290.00Jul 100.901.50$1.2050.0%410.21329
$280.00Jul 104.605.50$5.0517.8%300.5883
$280.00Jul 176.408.20$7.3024.7%210.56451
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$282.50Jul 103.804.50$4.1516.9%610.528
$270.00Jul 100.500.85$0.6851.5%580.1223
$300.00Aug 1422.2024.40$23.309.4%300.69--
$275.00Jul 101.301.65$1.4823.6%240.2425
$262.50Jul 100.000.50$0.25200.0%230.0516

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 16.7%, max 44.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$302.50Jul 10Jul 1740.3%29.7%35.5%1379
$290.00Jul 10Jul 2434.1%29.5%15.5%48329
$292.50Jul 10Jul 1734.6%30.9%11.9%5289
$287.50Jul 10Jul 1734.1%30.7%11.0%1237
$277.50Jul 10Jul 1732.9%30.0%9.7%895
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$262.50Jul 10Jul 2441.9%29.0%44.4%2416
$275.00Jul 10Jul 2434.7%27.6%25.7%2625
$267.50Jul 10Jul 1740.7%32.7%24.5%1814
$265.00Jul 10Aug 1442.1%34.7%21.5%216
$260.00Jul 10Aug 1442.1%36.6%15.2%3--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 48 found (best R:R 99.00, avg 8.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$330.00Jul 17$0.20$19.80$0.2099.00$310.20
$295.00$300.00Jul 10$0.13$4.87$0.1337.46$295.13
$302.50$310.00Jul 10$0.20$7.30$0.2036.50$302.70
$302.50$305.00Jul 17$0.14$2.36$0.1416.86$302.64
$295.00$300.00Jul 17$0.72$4.28$0.725.94$295.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$255.00$250.00Jul 17$0.15$4.85$0.1532.33$254.85
$262.50$260.00Jul 10$0.10$2.40$0.1024.00$262.40
$267.50$265.00Jul 10$0.17$2.33$0.1713.71$267.33
$265.00$262.50Jul 10$0.18$2.32$0.1812.89$264.82
$272.50$270.00Jul 10$0.34$2.16$0.346.35$272.16

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 8.00, avg 0.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$277.50Jul 10$20.00$20.00$2.508.00$275.00
$252.50$255.00Jul 10$2.20$2.20$0.307.33$254.70
$277.50$280.00Jul 10$1.70$1.70$0.802.13$279.20
$280.00$282.50Jul 10$1.45$1.45$1.051.38$281.45
$277.50$280.00Jul 17$1.35$1.35$1.151.17$278.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$292.50$285.00Jul 10$6.25$6.25$1.255.00$286.25
$292.50$282.50Jul 17$7.00$7.00$3.002.33$285.50
$300.00$280.00Aug 14$11.50$11.50$8.501.35$288.50
$285.00$282.50Jul 10$1.40$1.40$1.101.27$283.60
$282.50$280.00Jul 17$1.35$1.35$1.151.17$281.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $1.42, cheapest $0.34)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$302.50Jul 10Jul 17$0.3440.3%29.7%
$310.00Jul 10Jul 17$0.5537.2%37.1%
$300.00Jul 10Jul 17$0.6837.3%30.9%
$295.00Jul 10Jul 17$1.2732.1%30.7%
$292.50Jul 10Jul 17$1.4034.6%30.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$260.00Jul 10Jul 17$0.4542.1%33.7%
$267.50Jul 10Jul 17$0.9040.7%32.7%
$262.50Jul 10Jul 24$0.9341.9%29.0%
$265.00Jul 10Jul 17$0.9942.1%35.8%
$270.00Jul 10Jul 17$1.2036.6%31.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 2.75% of stock, avg 3.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$282.50Jul 10$3.60$4.15$7.75$274.75$290.252.75%
$280.00Jul 10$5.05$3.00$8.05$271.95$288.052.85%
$285.00Jul 10$2.60$5.55$8.15$276.85$293.152.89%
$277.50Jul 10$6.75$2.03$8.78$268.72$286.283.11%
$280.00Jul 17$7.30$4.75$12.05$267.95$292.054.27%
$277.50Jul 17$8.65$3.90$12.55$264.95$290.054.45%
$292.50Jul 10$0.80$11.80$12.60$279.90$305.104.47%
$292.50Jul 17$2.20$13.10$15.30$277.20$307.805.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 70 found (cheapest 0.52% of stock, avg 2.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$292.50$270.00Jul 10$0.80$0.68$1.48$268.52$293.98
$292.50$272.50Jul 10$0.80$1.02$1.82$270.68$294.32
$290.00$270.00Jul 10$1.20$0.68$1.88$268.12$291.88
$290.00$272.50Jul 10$1.20$1.02$2.22$270.28$292.22
$292.50$275.00Jul 10$0.80$1.48$2.28$272.72$294.78
$287.50$270.00Jul 10$1.80$0.68$2.48$267.52$289.98
$290.00$275.00Jul 10$1.20$1.48$2.68$272.32$292.68
$287.50$272.50Jul 10$1.80$1.02$2.82$269.68$290.32
$292.50$277.50Jul 10$0.80$2.03$2.83$274.67$295.33
$300.00$270.00Jul 17$0.93$1.88$2.81$267.19$302.81

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 135 found (best R:R 6.58, avg credit $2.00)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
280/282288/290Jul 17$2.17$0.336.58$280.33$289.67
272/275278/280Jul 10$2.16$0.346.35$272.84$279.66
270/272278/280Jul 10$2.04$0.464.43$270.46$279.54
275/278280/282Jul 10$2.00$0.504.00$275.50$282.00
282/285288/290Jul 10$2.00$0.504.00$283.00$289.50
270/272278/280Jul 17$2.00$0.504.00$270.50$279.50
278/280282/285Jul 10$1.97$0.533.72$278.03$284.47
272/275278/280Jul 17$1.97$0.533.72$273.03$279.47
280/282285/288Jul 10$1.95$0.553.55$280.55$286.95
280/282290/292Jul 17$1.93$0.573.39$280.57$291.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 61.50, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$282.50$285.00$287.50Jul 10$0.20$2.3011.50
$285.00$287.50$290.00Jul 10$0.20$2.3011.50
$287.50$290.00$292.50Jul 10$0.20$2.3011.50
$300.00$302.50$305.00Jul 17$0.22$2.2810.36
$287.50$290.00$292.50Jul 17$0.24$2.269.42
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$265.00$270.00$275.00Jul 24$0.08$4.9261.50
$260.00$262.50$265.00Jul 10$0.08$2.4230.25
$272.50$275.00$277.50Jul 10$0.09$2.4126.78
$275.00$277.50$280.00Jul 17$0.10$2.4024.00
$270.00$272.50$275.00Jul 10$0.12$2.3819.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 55 found (best net $-0.18, 44 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$310.00$330.001:2Jul 17-$0.18$19.82
$230.00$252.501:2Jul 10-$6.15$16.35
$295.00$300.001:2Jul 10-$0.12$4.88
$295.00$300.001:2Jul 17-$0.21$4.79
$305.00$310.001:2Jul 17-$0.73$4.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$280.001:2Aug 14-$0.30$19.70
$250.00$240.001:2Jul 17-$0.51$9.49
$255.00$250.001:2Jul 17-$0.10$4.90
$270.00$265.001:2Jul 24-$1.06$3.94
$275.00$270.001:2Jul 24-$1.90$3.10

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 3.90%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$285.00Aug 14$11.000.481.1%3.90%4.97%4--
$285.00Jul 24$5.300.451.1%1.88%2.95%2--
$300.00Jul 31$4.000.286.4%1.42%7.81%1942
$290.00Jul 24$3.400.342.8%1.21%4.05%7--
$282.50Jul 10$3.200.480.2%1.13%1.32%1715
$287.50Jul 17$3.000.362.0%1.06%3.02%223
$310.00Aug 14$2.550.229.9%0.90%10.84%2--
$310.00Aug 7$2.400.209.9%0.85%10.79%538
$290.00Jul 17$2.250.302.8%0.80%3.64%5296
$285.00Jul 10$2.200.381.1%0.78%1.85%732

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 1,746
Total Puts 729
Put/Call Ratio 0.42
Net Difference 1,017

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 6,723
Total Puts 2,638
Average Put/Call Ratio 0.42
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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