Tour v297
CI
THE CIGNA GROUP
$286.62 +1.65%
$288.78 (+0.75%)🌙
as of 07/07 06:17 PM
7/7 18:17

Option Volume

Detail
Current (07/07) 1,251
Calls: 551 (44%)
Puts: 700 (56%)
Prior (07/06) 2,475
Calls: 1,746 (71%)
Puts: 729 (29%)
Current vs Prior -49.45%
Calls: -68.44% (Calls)
Puts: -3.98% (Puts)
Prior 7-Day Total 11,836
Calls: 8,469 (72%)
Puts: 3,367 (28%)
Prior 7-Day Average 1,690
Calls: 1,209 (72%)
Puts: 481 (28%)
Current vs Prior 7-Day Avg -26.01%
Calls: -54.46%
Puts: +45.53%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/07) $668.4K
Calls: $520.9K (78%)
Puts: $147.5K (22%)
Prior (07/06) $1.56M
Calls: $994.4K (64%)
Puts: $568.9K (36%)
Current vs Prior -57.24%
Calls: -47.62%
Puts: -74.06%
Prior 7-Day Total $9.79M
Calls: $7.50M (77%)
Puts: $2.28M (23%)
Prior 7-Day Average $1.40M
Calls: $1.07M (77%)
Puts: $326.2K (23%)
Current vs Prior 7-Day Avg -52.20%
Calls: -51.41%
Puts: -54.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/07) 1.27
Prior (07/06) 0.42
Current vs Prior +204.27%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg +202.31%
Sentiment BEARISH

Open Interest

Detail
Current (07/07) 15,345
Calls: 13,261 (86%)
Puts: 2,084 (14%)
Prior (07/06) 22,013
Calls: 15,008 (68%)
Puts: 7,005 (32%)
Current vs Prior -30.29%
Prior 7-Day Total 111,373
Calls: 80,726 (72%)
Puts: 30,647 (28%)
Prior 7-Day Average 15,910
Calls: 11,532 (72%)
Puts: 4,378 (28%)
Current vs Prior 7-Day Avg -3.55%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 2.81% | 4.36%4.36% | 11.20%
Prior 3.26% | 4.75%4.75% | 11.37%
Current vs Prior -13.92% | -8.23%-8.23% | -1.47%
Prior 7-Day Avg 2.76% | 4.21%5.29% | 11.77%
Current vs 7-Day Avg +1.76% | +3.71%-17.48% | -4.86%
Prior 7-Day Eod 3.26% | 4.75%-- | --
Current vs 7-Day Eod -13.92% | -8.23%-- | --
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 56.44% | 19.10%
Calls: 62.37% | 16.81%
Puts: 50.52% | 21.39%
Current vs 7-Day Avg -3.16% | -48.13%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($520.9K) vs puts ($147.5K). Light premium activity with dollar volume down 57% vs prior. Below-average activity with volume down 49% vs prior. Bearish P/C ratio of 1.27 indicates protective positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 7 of results (avg 8.4%, best 4.6%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Jul 2431.8034.80$33.309.0%10.95--
$280.00Aug 2116.9018.60$17.759.6%10.61--
$270.00Aug 2123.5025.90$24.709.7%20.7215
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Jul 1046.9049.10$48.004.6%10.94--
$325.00Jul 1037.3040.00$38.657.0%10.94--
$320.00Jul 1032.0035.00$33.509.0%11.00--
$315.00Jul 1027.2030.00$28.609.8%10.96--

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. 23 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Jul 2431.8034.80$33.309.0%10.95--
$262.50Jul 1022.7025.40$24.0511.2%10.95--
$260.00Jul 1025.2028.20$26.7011.2%10.94--
$265.00Jul 1020.2023.10$21.6513.4%10.94--
$277.50Jul 108.3010.70$9.5025.3%30.8766
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Jul 1032.0035.00$33.509.0%11.00--
$315.00Jul 1027.2030.00$28.609.8%10.96--
$325.00Jul 1037.3040.00$38.657.0%10.94--
$335.00Jul 1046.9049.10$48.004.6%10.94--
$290.00Jul 247.509.00$8.2518.2%10.568

Most actively traded options today. High liquidity = easy entry/exit. 86 active (total vol 899, top 277)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 214.906.00$5.4520.2%1290.282.1K
$300.00Jul 171.101.95$1.5355.6%440.20666
$290.00Jul 173.805.20$4.5031.1%200.44296
$285.00Jul 103.305.50$4.4050.0%130.6136
$290.00Jul 100.703.40$2.05131.7%120.36334
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Jul 100.000.65$0.33197.0%2770.0844
$230.00Aug 210.451.00$0.7375.3%1100.0434
$280.00Aug 219.0010.10$9.5511.5%160.39159
$270.00Aug 216.007.20$6.6018.2%150.2948
$280.00Aug 148.4010.00$9.2017.4%140.408

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 25.6%, max 70.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$315.00Jul 10Aug 1458.2%34.1%70.6%52
$302.50Jul 10Jul 2435.2%27.6%27.7%315
$287.50Jul 10Jul 1733.3%29.5%12.9%846
$305.00Jul 10Aug 742.4%37.7%12.4%1214
$295.00Jul 10Jul 2431.6%28.2%12.2%6145
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$265.00Jul 10Jul 3159.8%40.4%48.1%3--
$267.50Jul 10Jul 1751.2%34.6%48.0%39
$250.00Jul 17Aug 2144.7%35.1%27.2%4388
$270.00Jul 10Aug 2143.4%34.6%25.5%2148

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 53 found (best R:R 29.70, avg 5.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$302.50$305.00Jul 24$0.12$2.38$0.1219.83$302.62
$330.00$340.00Aug 21$0.68$9.32$0.6813.71$330.68
$295.00$297.50Jul 10$0.20$2.30$0.2011.50$295.20
$300.00$302.50Jul 10$0.22$2.28$0.2210.36$300.22
$300.00$302.50Jul 24$0.28$2.22$0.287.93$300.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$267.50$250.00Jul 17$0.57$16.93$0.5729.70$266.93
$250.00$240.00Aug 21$0.67$9.33$0.6713.93$249.33
$275.00$265.00Jul 24$0.69$9.31$0.6913.49$274.31
$240.00$230.00Aug 21$0.75$9.25$0.7512.33$239.25
$272.50$270.00Jul 10$0.20$2.30$0.2011.50$272.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 61 found (best R:R 49.00, avg 2.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$265.00$277.50Jul 10$12.15$12.15$0.3534.71$277.15
$255.00$280.00Jul 24$22.50$22.50$2.509.00$277.50
$277.50$280.00Jul 10$1.95$1.95$0.553.55$279.45
$282.50$285.00Jul 10$1.85$1.85$0.652.85$284.35
$270.00$280.00Aug 21$6.95$6.95$3.052.28$276.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$315.00Jul 10$4.90$4.90$0.1049.00$315.10
$335.00$325.00Jul 10$9.35$9.35$0.6514.38$325.65
$315.00$282.50Jul 10$27.35$27.35$5.155.31$287.65
$290.00$285.00Jul 31$2.35$2.35$2.650.89$287.65
$275.00$270.00Aug 14$2.30$2.30$2.700.85$272.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $2.02, cheapest $0.45)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$305.00Jul 10Jul 17$0.7042.4%31.5%
$300.00Jul 10Jul 17$1.1337.1%30.1%
$295.00Jul 10Jul 17$1.5531.6%27.4%
$302.50Jul 10Jul 24$1.5735.2%27.6%
$297.50Jul 10Jul 17$1.7334.0%31.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$267.50Jul 10Jul 17$0.4551.2%34.6%
$270.00Jul 10Jul 17$0.8243.4%34.4%
$275.00Jul 10Jul 17$1.2734.1%31.2%
$265.00Jul 10Jul 24$1.3359.8%36.4%
$250.00Jul 17Aug 21$1.9244.7%35.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 2.62% of stock, avg 6.54%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$282.50Jul 10$6.25$1.25$7.50$275.00$290.002.62%
$280.00Jul 10$7.55$0.80$8.35$271.65$288.352.91%
$277.50Jul 10$9.50$0.60$10.10$267.40$287.603.52%
$287.50Jul 17$5.75$5.70$11.45$276.05$298.953.99%
$280.00Jul 17$10.10$3.25$13.35$266.65$293.354.66%
$290.00Jul 24$5.35$8.25$13.60$276.40$303.604.74%
$265.00Jul 10$21.65$0.45$22.10$242.90$287.107.71%
$285.00Jul 31$12.30$10.10$22.40$262.60$307.407.82%
$290.00Jul 31$9.95$12.45$22.40$267.60$312.407.82%
$280.00Aug 7$16.25$8.65$24.90$255.10$304.908.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 98 found (cheapest 0.29% of stock, avg 2.36%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.50$275.00Jul 10$0.50$0.33$0.83$274.17$298.33
$297.50$272.50Jul 10$0.50$0.48$0.98$271.52$298.48
$295.00$275.00Jul 10$0.70$0.33$1.03$273.97$296.03
$297.50$277.50Jul 10$0.50$0.60$1.10$276.40$298.60
$295.00$272.50Jul 10$0.70$0.48$1.18$271.32$296.18
$295.00$277.50Jul 10$0.70$0.60$1.30$276.20$296.30
$297.50$280.00Jul 10$0.50$0.80$1.30$278.70$298.80
$295.00$280.00Jul 10$0.70$0.80$1.50$278.50$296.50
$292.50$275.00Jul 10$1.20$0.33$1.53$273.47$294.03
$292.50$272.50Jul 10$1.20$0.48$1.68$270.82$294.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 101 found (best R:R 6.14, avg credit $3.19)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
270/272278/280Jul 10$2.15$0.356.14$270.35$279.65
250/260270/280Aug 21$8.60$1.406.14$251.40$278.60
275/278282/285Jul 10$2.12$0.385.58$275.38$284.62
270/272282/285Jul 10$2.05$0.454.56$270.45$284.55
278/280282/285Jul 10$2.05$0.454.56$277.95$284.55
285/290300/305Jul 31$4.00$1.004.00$286.00$304.00
260/270280/290Aug 21$7.75$2.253.44$262.25$287.75
230/240270/280Aug 21$7.70$2.303.35$232.30$277.70
240/250270/280Aug 21$7.62$2.383.20$242.38$277.62
270/275280/285Jul 17$3.80$1.203.17$271.20$283.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 65.67, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$295.00$297.50$300.00Jul 10$0.10$2.4024.00
$320.00$330.00$340.00Aug 21$0.52$9.4818.23
$300.00$302.50$305.00Jul 24$0.16$2.3414.63
$287.50$290.00$292.50Jul 10$0.20$2.3011.50
$310.00$320.00$330.00Aug 21$0.92$9.089.87
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$260.00$270.00$280.00Aug 21$0.15$9.8565.67
$315.00$320.00$325.00Jul 10$0.25$4.7519.00
$240.00$250.00$260.00Aug 21$0.98$9.029.20
$277.50$280.00$282.50Jul 10$0.25$2.259.00
$267.50$270.00$272.50Jul 10$0.27$2.238.26

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 56 found (best net $-0.05, 43 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$305.00$315.001:2Aug 7-$0.05$9.95
$310.00$320.001:2Jul 17-$0.15$9.85
$305.00$315.001:2Jul 10-$0.21$9.79
$330.00$340.001:2Aug 21-$0.77$9.23
$320.00$330.001:2Aug 21-$0.93$9.07
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$250.001:2Aug 21-$0.50$9.50
$250.00$240.001:2Aug 21-$0.81$9.19
$270.00$260.001:2Aug 21-$1.00$9.00
$275.00$265.001:2Jul 24-$1.09$8.91
$287.50$280.001:2Jul 17-$0.80$6.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 32 found (best yield 3.98%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$290.00Aug 21$11.400.491.2%3.98%5.16%4424
$290.00Jul 31$8.600.471.2%3.00%4.18%3188
$300.00Jul 31$5.000.344.7%1.74%6.41%2--
$310.00Aug 21$4.900.288.2%1.71%9.87%1292.1K
$287.50Jul 17$4.800.500.3%1.67%1.98%325
$290.00Jul 24$4.600.441.2%1.60%2.78%8143
$305.00Aug 7$4.300.306.4%1.50%7.91%2--
$310.00Aug 14$4.000.268.2%1.40%9.55%3--
$290.00Jul 17$3.800.441.2%1.33%2.51%20296
$305.00Jul 31$3.800.286.4%1.33%7.74%5--

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 551
Total Puts 700
Put/Call Ratio 1.27
Net Difference -149

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 8,469
Total Puts 3,367
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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