Tour v303
CI
THE CIGNA GROUP
$289.73 +1.09%
$288.00 (-0.60%)🌙
as of 07/08 06:18 PM
7/8 18:18

Option Volume

Detail
Current (07/08) 1,674
Calls: 999 (60%)
Puts: 675 (40%)
Prior (07/07) 1,251
Calls: 551 (44%)
Puts: 700 (56%)
Current vs Prior +33.81%
Calls: +81.31% (Calls)
Puts: -3.57% (Puts)
Prior 7-Day Total 11,511
Calls: 7,982 (69%)
Puts: 3,529 (31%)
Prior 7-Day Average 1,644
Calls: 1,140 (69%)
Puts: 504 (31%)
Current vs Prior 7-Day Avg +1.80%
Calls: -12.39%
Puts: +33.89%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/08) $1.25M
Calls: $995.5K (79%)
Puts: $258.0K (21%)
Prior (07/07) $668.4K
Calls: $520.9K (78%)
Puts: $147.5K (22%)
Current vs Prior +87.54%
Calls: +91.12%
Puts: +74.89%
Prior 7-Day Total $8.98M
Calls: $6.78M (76%)
Puts: $2.20M (24%)
Prior 7-Day Average $1.28M
Calls: $968.9K (76%)
Puts: $314.2K (24%)
Current vs Prior 7-Day Avg -2.31%
Calls: +2.74%
Puts: -17.88%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/08) 0.68
Prior (07/07) 1.27
Current vs Prior -46.81%
Prior 7-Day Average 0.53
Current vs Prior 7-Day Avg +28.05%
Sentiment BULLISH

Open Interest

Detail
Current (07/08) 14,068
Calls: 8,096 (58%)
Puts: 5,972 (42%)
Prior (07/07) 15,345
Calls: 13,261 (86%)
Puts: 2,084 (14%)
Current vs Prior -8.32%
Prior 7-Day Total 115,419
Calls: 83,428 (72%)
Puts: 31,991 (28%)
Prior 7-Day Average 16,488
Calls: 11,918 (72%)
Puts: 4,570 (28%)
Current vs Prior 7-Day Avg -14.68%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 2.31% | 4.11%4.11% | 11.42%
Prior 2.81% | 4.36%4.36% | 11.20%
Current vs Prior -17.91% | -5.82%-5.82% | +2.01%
Prior 7-Day Avg 2.87% | 4.36%5.07% | 11.65%
Current vs 7-Day Avg -19.63% | -5.70%-19.03% | -1.93%
Prior 7-Day Eod 2.81% | 4.36%-- | --
Current vs 7-Day Eod -17.91% | -5.82%-- | --
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 53.50% | 14.15%
Calls: 60.17% | 14.23%
Puts: 46.84% | 14.06%
Current vs 7-Day Avg +2.16% | -29.97%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($995.5K) vs puts ($258.0K). Elevated premium activity with dollar volume up 88% vs prior. Bullish P/C ratio of 0.68. P/C ratio dropping 47% - sentiment shifting bullish.

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 BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 5 of results (avg 7.8%, best 5.5%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 2439.0042.00$40.507.4%10.95--
$275.00Jul 3119.5021.50$20.509.8%10.7214
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2117.8018.80$18.305.5%10.58--
$290.00Aug 2112.4013.30$12.857.0%70.4770
$280.00Aug 218.209.00$8.609.3%40.36159

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. 13 found (avg delta 0.68, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 2439.0042.00$40.507.4%10.95--
$270.00Jul 1018.5021.20$19.8513.6%10.932
$280.00Jul 108.9011.30$10.1023.8%10.88--
$277.50Jul 1011.3014.00$12.6521.3%10.83--
$285.00Jul 104.906.80$5.8532.5%20.78--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2117.8018.80$18.305.5%10.58--
$290.00Jul 102.253.10$2.6831.7%10.50--

Most actively traded options today. High liquidity = easy entry/exit. 65 active (total vol 1.2K, top 399)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 215.906.70$6.3012.7%3990.312.0K
$300.00Jul 171.352.20$1.7847.8%310.23678
$292.50Jul 101.301.95$1.6339.9%170.36297
$295.00Jul 100.701.20$0.9552.6%140.24132
$300.00Aug 147.7010.10$8.9027.0%100.41--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Jul 241.452.40$1.9249.5%1590.1913
$285.00Jul 172.803.60$3.2025.0%1270.358
$250.00Aug 211.652.15$1.9026.3%1140.1052
$270.00Jul 313.204.60$3.9035.9%660.2225
$280.00Jul 316.007.60$6.8023.5%500.34--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 25.1%, max 97.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$302.50Jul 10Jul 1742.4%30.4%39.6%2--
$330.00Jul 17Aug 2142.7%32.9%29.7%3264
$300.00Jul 10Aug 2139.9%35.0%14.0%10417
$292.50Jul 10Jul 2432.2%28.6%12.5%18297
$320.00Jul 17Aug 2136.8%34.3%7.0%12359
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$270.00Jul 10Aug 2168.6%34.8%97.3%259
$260.00Jul 17Aug 2148.7%35.3%38.0%132.0K
$287.50Jul 10Jul 1732.9%28.7%14.7%161
$285.00Jul 10Jul 2431.0%27.4%13.3%16--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 44 found (best R:R 49.00, avg 5.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$310.00$315.00Jul 17$0.21$4.79$0.2122.81$310.21
$300.00$302.50Jul 10$0.15$2.35$0.1515.67$300.15
$310.00$315.00Jul 24$0.50$4.50$0.509.00$310.50
$307.50$310.00Jul 17$0.27$2.23$0.278.26$307.77
$305.00$307.50Jul 17$0.28$2.22$0.287.93$305.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$282.50$270.00Jul 10$0.25$12.25$0.2549.00$282.25
$280.00$270.00Jul 17$1.00$9.00$1.009.00$279.00
$270.00$265.00Jul 17$0.55$4.45$0.558.09$269.45
$265.00$260.00Jul 31$0.67$4.33$0.676.46$264.33
$260.00$250.00Aug 21$1.45$8.55$1.455.90$258.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 24.00, avg 1.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$270.00$277.50Jul 10$7.20$7.20$0.3024.00$277.20
$250.00$287.50Jul 24$32.25$32.25$5.256.14$282.25
$280.00$285.00Jul 10$4.25$4.25$0.755.67$284.25
$285.00$290.00Jul 10$3.17$3.17$1.831.73$288.17
$275.00$290.00Jul 31$9.00$9.00$6.001.50$284.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$300.00$290.00Aug 21$5.45$5.45$4.551.20$294.55
$290.00$287.50Jul 17$1.15$1.15$1.350.85$288.85
$290.00$280.00Aug 21$4.25$4.25$5.750.74$285.75
$290.00$280.00Jul 31$4.00$4.00$6.000.67$286.00
$290.00$287.50Jul 10$0.98$0.98$1.520.64$289.02

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $1.99, cheapest $0.35)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$315.00Jul 17Jul 24$0.4830.3%29.0%
$310.00Jul 17Jul 24$0.7729.3%29.0%
$302.50Jul 10Jul 17$1.0542.4%30.4%
$300.00Jul 10Jul 17$1.2839.9%29.5%
$287.50Jul 17Jul 24$1.6028.7%27.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$270.00Jul 10Jul 17$0.3568.6%36.5%
$260.00Jul 17Jul 31$1.5548.7%42.3%
$285.00Jul 10Jul 17$2.3731.0%29.3%
$287.50Jul 10Jul 17$2.4032.9%28.7%
$290.00Jul 10Jul 17$2.5732.2%28.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 1.85% of stock, avg 5.14%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$290.00Jul 10$2.68$2.68$5.36$284.64$295.361.85%
$285.00Jul 10$5.85$0.83$6.68$278.32$291.682.31%
$290.00Jul 17$5.30$5.25$10.55$279.45$300.553.64%
$287.50Jul 17$6.65$4.10$10.75$276.75$298.253.71%
$270.00Jul 10$19.85$0.48$20.33$249.67$290.337.02%
$290.00Jul 31$11.50$10.80$22.30$267.70$312.307.70%
$300.00Aug 21$10.00$18.30$28.30$271.70$328.309.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 76 found (cheapest 0.29% of stock, avg 2.35%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$302.50$270.00Jul 10$0.35$0.48$0.83$269.17$303.33
$300.00$270.00Jul 10$0.50$0.48$0.98$269.02$300.98
$297.50$270.00Jul 10$0.55$0.48$1.03$268.97$298.53
$302.50$282.50Jul 10$0.35$0.73$1.08$281.42$303.58
$302.50$285.00Jul 10$0.35$0.83$1.18$283.82$303.68
$300.00$282.50Jul 10$0.50$0.73$1.23$281.27$301.23
$297.50$282.50Jul 10$0.55$0.73$1.28$281.22$298.78
$300.00$285.00Jul 10$0.50$0.83$1.33$283.67$301.33
$297.50$285.00Jul 10$0.55$0.83$1.38$283.62$298.88
$295.00$270.00Jul 10$0.95$0.48$1.43$268.57$296.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 85 found (best R:R 6.14, avg credit $2.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
288/290292/295Jul 17$2.15$0.356.14$287.85$294.65
285/288290/292Jul 17$2.10$0.405.25$285.40$292.10
280/290300/310Aug 21$7.95$2.053.88$282.05$307.95
285/288290/292Jul 10$1.92$0.583.31$285.58$291.92
285/288292/295Jul 17$1.90$0.603.17$285.60$294.40
258/260288/290Jul 17$1.88$0.623.03$258.12$289.38
290/300310/320Aug 21$7.50$2.503.00$292.50$317.50
290/300320/330Aug 21$7.37$2.632.80$292.63$327.37
265/270290/295Jul 31$3.50$1.502.33$266.50$293.50
258/260290/292Jul 17$1.73$0.772.25$258.27$291.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 75.92, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$310.00$320.00$330.00Aug 21$0.13$9.8775.92
$302.50$305.00$307.50Jul 17$0.14$2.3616.86
$310.00$315.00$320.00Jul 17$0.29$4.7116.24
$287.50$290.00$292.50Jul 17$0.15$2.3515.67
$290.00$292.50$295.00Jul 17$0.20$2.3011.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$285.00$287.50$290.00Jul 10$0.11$2.3921.73
$260.00$265.00$270.00Jul 31$0.28$4.7216.86
$260.00$270.00$280.00Aug 21$0.65$9.3514.38
$250.00$260.00$270.00Aug 21$0.85$9.1510.76
$285.00$287.50$290.00Jul 17$0.25$2.259.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-2.50, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$275.00$290.001:2Jul 31-$2.50$12.50
$320.00$330.001:2Jul 17-$0.10$9.90
$320.00$330.001:2Aug 21-$0.41$9.59
$320.00$330.001:2Aug 7-$0.81$9.19
$310.00$320.001:2Aug 21-$2.20$7.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$282.50$270.001:2Jul 10-$0.23$12.27
$260.00$250.001:2Aug 21-$0.45$9.55
$280.00$270.001:2Jul 31-$1.00$9.00
$270.00$260.001:2Aug 21-$1.05$8.95
$280.00$270.001:2Aug 21-$2.70$7.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 3.62%, avg 1.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$290.00Jul 31$10.500.520.1%3.62%3.72%2--
$295.00Aug 14$9.800.461.8%3.38%5.20%1--
$300.00Aug 21$9.000.423.5%3.11%6.65%6417
$295.00Aug 7$8.900.461.8%3.07%4.89%2--
$295.00Jul 31$8.100.451.8%2.80%4.61%214
$300.00Aug 14$7.700.413.5%2.66%6.20%10--
$310.00Aug 21$5.900.317.0%2.04%9.03%3992.0K
$292.50Jul 24$5.000.451.0%1.73%2.68%1--
$290.00Jul 17$4.800.500.1%1.66%1.75%9290
$320.00Aug 21$3.700.2310.4%1.28%11.72%1073

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 999
Total Puts 675
Put/Call Ratio 0.68
Net Difference 324

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 7,982
Total Puts 3,529
Average Put/Call Ratio 0.53
Ratio Trend Falling

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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