Tour v340
CI
THE CIGNA GROUP
$297.81 -1.83%
7/15 18:27

Option Volume

Detail
Current (07/15) 2,327
Calls: 442 (19%)
Puts: 1,885 (81%)
Prior (07/14) 925
Calls: 321 (35%)
Puts: 604 (65%)
Current vs Prior +151.57%
Calls: +37.69% (Calls)
Puts: +212.09% (Puts)
Prior 7-Day Total 12,521
Calls: 7,395 (59%)
Puts: 5,126 (41%)
Prior 7-Day Average 1,788
Calls: 1,056 (59%)
Puts: 732 (41%)
Current vs Prior 7-Day Avg +30.09%
Calls: -58.16%
Puts: +157.41%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/15) $4.58M
Calls: $496.9K (11%)
Puts: $4.08M (89%)
Prior (07/14) $711.1K
Calls: $529.4K (74%)
Puts: $181.8K (26%)
Current vs Prior +543.82%
Calls: -6.14%
Puts: +2145.64%
Prior 7-Day Total $8.51M
Calls: $6.25M (73%)
Puts: $2.26M (27%)
Prior 7-Day Average $1.22M
Calls: $892.7K (73%)
Puts: $323.4K (27%)
Current vs Prior 7-Day Avg +276.48%
Calls: -44.34%
Puts: +1161.93%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/15) 4.26
Prior (07/14) 1.88
Current vs Prior +126.65%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg +357.43%
Sentiment BEARISH

Open Interest

Detail
Current (07/15) 12,713
Calls: 8,893 (70%)
Puts: 3,820 (30%)
Prior (07/14) 13,286
Calls: 9,540 (72%)
Puts: 3,746 (28%)
Current vs Prior -4.31%
Prior 7-Day Total 128,412
Calls: 93,698 (73%)
Puts: 34,714 (27%)
Prior 7-Day Average 18,344
Calls: 13,385 (73%)
Puts: 4,959 (27%)
Current vs Prior 7-Day Avg -30.70%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 2.75% | 3.96%2.75% | 11.16%
Prior 2.93% | 3.97%2.93% | 11.16%
Current vs Prior -6.38% | -0.25%-6.38% | +0.05%
Prior 7-Day Avg 2.78% | 4.27%3.78% | 11.22%
Current vs 7-Day Avg -1.13% | -7.28%-27.26% | -0.49%
Prior 7-Day Eod 2.93% | 3.97%2.93% | 11.16%
Current vs 7-Day Eod -6.38% | -0.25%-6.38% | +0.05%
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 54.66% | 9.91%
Calls: 60.67% | 8.96%
Puts: 48.65% | 10.85%
Current vs 7-Day Avg -0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 89% of dollar volume in puts ($4.08M) vs calls ($496.9K). Massive premium surge with dollar volume up 544% vs prior. Dollar volume significantly above 7-day average (276% higher). Unusually high activity with volume up 152% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 6 of results (avg 8.3%, best 7.4%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2113.0014.00$13.507.4%60.50425
$280.00Aug 2123.9025.90$24.908.0%10.72--
$310.00Aug 218.609.40$9.008.9%130.392.2K
$295.00Jul 246.807.50$7.159.8%10.59--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 2113.8014.90$14.357.7%50.50--
$320.00Aug 2125.7027.80$26.757.9%10.713

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. 25 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Jul 1717.1019.60$18.3513.6%160.98--
$282.50Jul 1714.1017.20$15.6519.8%160.95--
$285.00Jul 1711.8014.80$13.3022.6%230.9469
$275.00Jul 2422.1025.30$23.7013.5%10.92--
$275.00Jul 3124.5028.10$26.3013.7%10.83--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Jul 1720.6024.00$22.3015.2%11.001
$312.50Jul 2413.8016.80$15.3019.6%20.85--
$320.00Aug 2125.7027.80$26.757.9%10.713
$302.50Jul 175.407.50$6.4532.6%160.6743
$300.00Jul 173.604.80$4.2028.6%140.58--

Most actively traded options today. High liquidity = easy entry/exit. 78 active (total vol 693, top 173)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$315.00Jul 240.501.55$1.02102.9%460.148
$310.00Jul 170.100.50$0.30133.3%310.08391
$285.00Jul 1711.8014.80$13.3022.6%230.9469
$305.00Jul 242.152.90$2.5329.6%220.3079
$307.50Jul 170.100.90$0.50160.0%180.135
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.50Jul 3112.3013.90$13.1012.2%1730.5565
$295.00Jul 171.502.40$1.9546.2%160.34217
$302.50Jul 175.407.50$6.4532.6%160.6743
$292.50Jul 317.409.70$8.5526.9%150.41--
$300.00Jul 173.604.80$4.2028.6%140.58--

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 32.3%, max 138.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$302.50Jul 17Jul 2444.5%28.9%54.0%10--
$315.00Jul 17Jul 2446.8%32.2%45.1%4721
$285.00Jul 17Jul 2442.1%30.1%39.6%26146
$330.00Jul 31Aug 2147.0%35.2%33.7%1535
$280.00Jul 17Aug 2145.9%36.7%25.1%17--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$250.00Jul 17Aug 2193.2%39.1%138.7%6332
$275.00Jul 17Aug 2862.2%34.0%82.6%221
$297.50Jul 17Jul 2439.1%27.4%42.4%81
$270.00Jul 31Aug 2145.5%36.9%23.3%14115
$290.00Jul 17Aug 748.2%39.7%21.5%1171

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 53 found (best R:R 165.67, avg 7.58)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$320.00Jul 17$0.22$4.78$0.2221.73$315.22
$315.00$325.00Jul 24$0.47$9.53$0.4720.28$315.47
$307.50$310.00Jul 17$0.20$2.30$0.2011.50$307.70
$340.00$350.00Aug 21$0.83$9.17$0.8311.05$340.83
$320.00$330.00Jul 31$1.10$8.90$1.108.09$321.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$275.00$250.00Jul 17$0.15$24.85$0.15165.67$274.85
$287.50$275.00Jul 17$0.30$12.20$0.3040.67$287.20
$287.50$275.00Jul 24$1.22$11.28$1.229.25$286.28
$260.00$250.00Aug 21$1.00$9.00$1.009.00$259.00
$295.00$292.50Jul 17$0.28$2.22$0.287.93$294.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 63 found (best R:R 15.67, avg 1.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$282.50$285.00Jul 17$2.35$2.35$0.1515.67$284.85
$275.00$285.00Jul 24$8.95$8.95$1.058.52$283.95
$285.00$290.00Jul 17$4.35$4.35$0.656.69$289.35
$285.00$292.50Jul 24$6.15$6.15$1.354.56$291.15
$295.00$297.50Jul 31$1.85$1.85$0.652.85$296.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$302.50Jul 17$15.85$15.85$1.659.61$304.15
$302.50$300.00Jul 17$2.25$2.25$0.259.00$300.25
$312.50$300.00Jul 24$9.00$9.00$3.502.57$303.50
$320.00$300.00Aug 21$12.40$12.40$7.601.63$307.60
$302.50$300.00Jul 31$1.50$1.50$1.001.50$301.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $2.78, cheapest $0.35)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$315.00Jul 17Jul 24$0.7746.8%32.2%
$310.00Jul 17Jul 24$1.0837.2%28.7%
$330.00Jul 31Aug 21$1.1247.0%35.2%
$302.50Jul 17Jul 24$1.1844.5%28.9%
$285.00Jul 17Jul 24$1.4542.1%30.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$275.00Jul 17Jul 24$0.3562.2%35.3%
$290.00Jul 17Jul 24$1.1548.2%29.1%
$250.00Jul 17Aug 21$1.1793.2%39.1%
$287.50Jul 17Jul 24$1.2742.2%29.6%
$270.00Jul 31Aug 21$1.5745.5%36.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 2.25% of stock, avg 5.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$300.00Jul 17$2.50$4.20$6.70$293.30$306.702.25%
$295.00Jul 17$5.50$1.95$7.45$287.55$302.452.50%
$302.50Jul 17$2.20$6.45$8.65$293.85$311.152.90%
$290.00Jul 17$8.95$1.18$10.13$279.87$300.133.40%
$297.50Jul 24$5.50$4.95$10.45$287.05$307.953.51%
$300.00Jul 24$4.35$6.30$10.65$289.35$310.653.58%
$295.00Jul 24$7.15$3.95$11.10$283.90$306.103.73%
$312.50Jul 24$1.02$15.30$16.32$296.18$328.825.48%
$300.00Jul 31$9.90$11.60$21.50$278.50$321.507.22%
$320.00Jul 17$0.03$22.30$22.33$297.67$342.337.50%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 103 found (cheapest 0.26% of stock, avg 2.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$310.00$287.50Jul 17$0.30$0.48$0.78$286.72$310.78
$307.50$287.50Jul 17$0.50$0.48$0.98$286.52$308.48
$310.00$290.00Jul 17$0.30$1.18$1.48$288.52$311.48
$305.00$287.50Jul 17$1.03$0.48$1.51$285.99$306.51
$312.50$275.00Jul 24$1.02$0.53$1.55$273.45$314.05
$307.50$290.00Jul 17$0.50$1.18$1.68$288.32$309.18
$310.00$275.00Jul 24$1.38$0.53$1.91$273.09$311.91
$310.00$292.50Jul 17$0.30$1.67$1.97$290.53$311.97
$307.50$292.50Jul 17$0.50$1.67$2.17$290.33$309.67
$305.00$290.00Jul 17$1.03$1.18$2.21$287.79$307.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 127 found (best R:R 11.50, avg credit $3.10)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
285/288292/295Jul 31$2.30$0.2011.50$285.20$294.80
288/290295/298Jul 24$2.23$0.278.26$287.77$297.23
298/300302/305Jul 24$2.20$0.307.33$297.80$304.70
295/298302/305Jul 17$2.12$0.385.58$295.38$304.62
288/290292/295Jul 24$2.03$0.474.32$287.97$294.53
288/292300/305Jul 31$4.05$0.954.26$288.45$304.05
295/298300/302Jul 24$1.97$0.533.72$295.53$301.97
300/312315/325Jul 24$9.47$3.033.13$303.03$324.47
288/292295/298Jul 31$3.75$1.253.00$288.75$298.75
288/290302/305Jul 17$1.87$0.632.97$288.13$304.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 28.41, cheapest $0.12)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$330.00$340.00$350.00Aug 21$0.34$9.6628.41
$310.00$320.00$330.00Aug 21$0.35$9.6527.57
$300.00$302.50$305.00Jul 24$0.12$2.3819.83
$297.50$300.00$302.50Jul 24$0.18$2.3212.89
$290.00$295.00$300.00Jul 17$0.45$4.5510.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Aug 21$0.50$9.5019.00
$260.00$270.00$280.00Aug 21$1.10$8.908.09
$295.00$297.50$300.00Jul 17$0.35$2.156.14
$295.00$297.50$300.00Jul 24$0.35$2.156.14
$280.00$300.00$320.00Aug 21$4.35$15.653.60

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 $-1.95, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$280.00$300.001:2Aug 21-$2.10$17.90
$275.00$292.501:2Jul 31-$1.40$16.10
$307.50$320.001:2Jul 31-$0.16$12.34
$315.00$325.001:2Jul 24-$0.08$9.92
$340.00$350.001:2Aug 21-$0.62$9.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$320.00$300.001:2Aug 21-$1.95$18.05
$260.00$250.001:2Aug 21-$0.20$9.80
$280.00$270.001:2Jul 31-$0.38$9.62
$270.00$260.001:2Aug 21-$0.70$9.30
$280.00$270.001:2Aug 21-$1.10$8.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 4.37%, avg 1.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$300.00Aug 21$13.000.500.7%4.37%5.10%6425
$300.00Aug 14$11.000.490.7%3.69%4.43%8--
$310.00Aug 28$9.100.404.1%3.06%7.15%81
$300.00Jul 31$8.900.480.7%2.99%3.72%846
$310.00Aug 21$8.600.394.1%2.89%6.98%132.2K
$305.00Jul 31$6.800.412.4%2.28%4.70%1--
$307.50Jul 31$5.800.383.2%1.95%5.20%2--
$320.00Aug 21$5.500.297.5%1.85%9.30%5183
$300.00Jul 24$3.800.440.7%1.28%2.01%3--
$302.50Jul 24$2.950.371.6%0.99%2.57%1--

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 442
Total Puts 1,885
Put/Call Ratio 4.26
Net Difference -1,443

Prior's Put/Call Breakdown

Total Calls 321
Total Puts 604
Put/Call Ratio 1.88
Net Difference -283

Prior 7-Day Put/Call Summary

Total Calls 7,395
Total Puts 5,126
Average Put/Call Ratio 0.93
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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