Tour v303
CMS
CMS ENERGY CORP
$76.19 -1.08%
(7/7 18:18) ◀
|
Wednesday, July 8, 2026 (6:19pm)
January 2026
|
▶ (7/9 18:18)
◀ 7/8 18:19 ▶

Option Volume

Detail
ℹ
Current (07/08) 232
Calls: 207 (89%)
Puts: 25 (11%)
Prior (07/07) 29
Calls: 14 (48%)
Puts: 15 (52%)
Current vs Prior +700.00%
Calls: +1378.57% (Calls)
Puts: +66.67% (Puts)
Prior 7-Day Total 244
Calls: 125 (51%)
Puts: 119 (49%)
Prior 7-Day Average 34
Calls: 17 (51%)
Puts: 17 (49%)
Current vs Prior 7-Day Avg +565.57%
Calls: +1059.20%
Puts: +47.06%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/08) $35.8K
Calls: $29.7K (83%)
Puts: $6.0K (17%)
Prior (07/07) $4.2K
Calls: $2.0K (48%)
Puts: $2.2K (52%)
Current vs Prior +756.66%
Calls: +1370.29%
Puts: +179.54%
Prior 7-Day Total $60.9K
Calls: $32.3K (53%)
Puts: $28.6K (47%)
Prior 7-Day Average $8.7K
Calls: $4.6K (53%)
Puts: $4.1K (47%)
Current vs Prior 7-Day Avg +311.11%
Calls: +544.35%
Puts: +47.33%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/08) 0.12
Prior (07/07) 1.07
Current vs Prior -88.73%
Prior 7-Day Average 0.94
Current vs Prior 7-Day Avg -87.08%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/08) 178
Calls: 146 (82%)
Puts: 32 (18%)
Prior (07/07) 838
Calls: 816 (97%)
Puts: 22 (3%)
Current vs Prior -78.76%
Prior 7-Day Total 3,640
Calls: 3,410 (94%)
Puts: 230 (6%)
Prior 7-Day Average 728
Calls: 682 (92%)
Puts: 57 (8%)
Current vs Prior 7-Day Avg -75.55%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 3.71% | 6.54%3.71% | 6.54%
Prior 4.26% | 6.99%4.26% | 6.99%
Current vs Prior -12.78% | -6.43%-12.78% | -6.43%
Prior 7-Day Avg 4.41% | 6.43%4.41% | 6.43%
Current vs 7-Day Avg -15.72% | +1.65%-15.71% | +1.63%
Prior 7-Day Eod 4.26% | 6.99%-- | --
Current vs 7-Day Eod -12.78% | -6.43%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 48.64% | 13.79%
Calls: 55.17% | 12.24%
Puts: 42.11% | 15.34%
Prior 48.64% | 13.79%
Calls: 55.17% | 12.24%
Puts: 42.11% | 15.34%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 48.15% | 19.33%
Calls: 54.17% | 19.16%
Puts: 42.13% | 19.50%
Current vs 7-Day Avg +1.02% | -28.67%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($29.7K) vs puts ($6.0K). Massive premium surge with dollar volume up 757% vs prior. Dollar volume significantly above 7-day average (311% higher). Unusually high activity with volume up 700% vs prior - elevated interest.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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
💧 Low Volume

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 1 of results (avg 9.7%, best 9.7%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 218.809.70$9.259.7%20.83--

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. 2 found (avg delta 0.75, highest 0.83)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 171.552.40$1.9842.9%450.6637
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 218.809.70$9.259.7%20.83--

Most actively traded options today. High liquidity = easy entry/exit. 3 active (total vol 69, top 45)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 171.552.40$1.9842.9%450.6637
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 211.602.00$1.8022.2%220.4132
$85.00Aug 218.809.70$9.259.7%20.83--

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

No setups found for this strategy

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

No setups found for this strategy

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1 found (best R:R 2.92, avg 2.92)

BEAR CALL (0)
No bear call found
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$85.00$75.00Aug 21$7.45$7.45$2.552.92$77.55

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

No setups found for this strategy

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

No straddle setups found

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

No strangle setups found

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

No iron condor setups found

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

No setups found for this strategy

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1 found (best net $5.65, -- credits)

CALLS (0)
No calls found
PUTS (1)
Buy KSell KRatioExpiryNetMax Gain
$85.00$75.001:2Aug 21$5.65$4.35

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

No covered call setups found

Historical option prices for this thinly-traded ticker. Live quotes are wide and stale — use where each contract actually traded plus its 30-day range to place a limit order. 37 contracts (avg 42 vol/day, 37 traded recently)

CMS averages only 42 option contracts/day, so quotes are thin and bid/ask spreads run wide. Use the last actually-traded price below to set a limit order rather than chasing the displayed ask. Most tradeable call: the $75.00 07-17 call last traded $3.63 on 06/26 (now $1.55/$2.40) — try a limit near $1.98. Also watch the $80.00 09-18 call last traded $1.57 on 07/01 (now $0.95/$1.50) — try a limit near $1.23. Most tradeable put: the $75.00 08-21 put last traded $2.00 on 06/25 (now $1.60/$2.00) — try a limit near $1.80.
CALLS (17)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Jul 17$1.55$2.40$1.98$3.63 06/26$1.00–$3.80$1.9837
$75.00Aug 21$2.65$3.70$3.18$4.34 06/26$1.90–$4.43$3.18--
$75.00Sep 18$3.20$4.80$4.00$2.65 06/23$2.00–$5.25$3.20--
$75.00Dec 18$3.30$5.40$4.35$5.61 07/02$3.25–$6.25$4.35--
$80.00Jul 17$0.00$0.05$0.03$0.36 07/02$0.03–$1.15$0.03--
$80.00Aug 21$0.50$1.05$0.78$1.10 06/30$0.63–$1.58$0.78--
$80.00Sep 18$0.95$1.50$1.23$1.57 07/01$0.57–$2.23$1.23109
$80.00Dec 18$1.15$2.85$2.00$2.89 07/02$1.70–$3.33$2.00--
$70.00Jul 17$4.40$8.40$6.40$5.90 06/24$3.60–$8.55$5.90--
$70.00Sep 18$5.90$8.70$7.30$3.81 06/08$4.25–$9.10$5.90--
$70.00Dec 18$7.90$9.80$8.85$9.90 06/29$5.55–$9.65$8.85--
$85.00Sep 18$0.05$1.45$0.75$0.47 07/01$0.18–$1.18$0.47--
$85.00Dec 18$0.80$1.30$1.05$0.45 06/05$0.70–$1.73$0.80--
$65.00Jul 17$9.80$13.40$11.60$7.67 06/01$7.80–$13.70$9.80--
$90.00Dec 18$0.30$0.50$0.40$0.40 07/02$0.28–$0.77$0.40--
$55.00Sep 18$19.50$23.00$21.25$18.77 05/19$17.50–$23.65$19.50--
$35.00Sep 18$39.80$42.70$41.25$41.98 07/02$37.65–$43.80$41.25--
PUTS (20)
StrikeExpiryBidAskMarkLast Traded30d RangeHistorySugg. LimitOI
$75.00Jul 17$0.00$1.70$0.85$0.55 06/29$0.33–$3.00$0.55--
$75.00Aug 21$1.60$2.00$1.80$2.00 06/25$1.27–$3.68$1.8032
$75.00Sep 18$2.00$2.60$2.30$1.70 06/29$1.65–$4.40$2.00--
$75.00Dec 18$2.10$3.90$3.00$2.90 06/29$2.35–$5.70$2.90--
$80.00Jul 17$2.40$5.10$3.75$4.50 06/24$2.50–$7.95$3.75--
$80.00Dec 18$4.60$8.00$6.30$5.50 07/02$4.45–$9.10$5.50--
$70.00Jul 17$0.00$2.20$1.10$0.44 06/23$0.38–$1.60$0.44--
$70.00Aug 21$0.35$1.00$0.68$0.75 06/25$0.53–$1.78$0.68--
$70.00Sep 18$0.20$1.60$0.90$2.55 06/03$0.70–$2.70$0.90--
$70.00Dec 18$1.65$2.40$2.03$3.45 06/03$1.48–$3.70$2.03--
$65.00Jul 17$0.00$1.20$0.60$0.20 07/02$0.05–$1.22$0.20--
$65.00Aug 21$0.05$1.00$0.53$0.30 07/01$0.35–$1.40$0.30--
$65.00Sep 18$0.00$1.05$0.53$0.95 05/14$0.45–$2.10$0.53--
$65.00Dec 18$0.55$3.30$1.92$2.59 06/04$0.95–$2.23$1.92--
$90.00Jul 17$11.70$15.80$13.75$17.14 06/12$11.60–$17.50$13.75--
$60.00Sep 18$0.00$2.40$1.20$0.60 05/08$0.38–$1.40$0.60--
$60.00Dec 18$0.00$2.75$1.38$1.15 06/09$0.68–$2.15$1.15--
$95.00Jul 17$16.70$20.80$18.75$17.15 06/29$16.65–$22.50$17.15--
$55.00Dec 18$0.00$2.60$1.30$0.65 06/09$0.55–$1.55$0.65--
$50.00Dec 18$0.00$2.15$1.08$0.75 06/09$0.38–$1.30$0.75--

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 207
Total Puts 25
Put/Call Ratio 0.12
Net Difference 182

Prior's Put/Call Breakdown

Total Calls 14
Total Puts 15
Put/Call Ratio 1.07
Net Difference -1

Prior 7-Day Put/Call Summary

Total Calls 125
Total Puts 119
Average Put/Call Ratio 0.94
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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