Tour v346
CNC
CENTENE CORP DEL
$66.44 +3.99%
$66.19 (-0.37%)🌙
as of 07/17 06:21 PM
7/17 18:21

Option Volume

Detail
Current (07/17) 4,039
Calls: 2,634 (65%)
Puts: 1,405 (35%)
Prior (07/16) 5,566
Calls: 4,168 (75%)
Puts: 1,398 (25%)
Current vs Prior -27.43%
Calls: -36.80% (Calls)
Puts: +0.50% (Puts)
Prior 7-Day Total 52,207
Calls: 30,873 (59%)
Puts: 21,334 (41%)
Prior 7-Day Average 7,458
Calls: 4,410 (59%)
Puts: 3,047 (41%)
Current vs Prior 7-Day Avg -45.84%
Calls: -40.28%
Puts: -53.90%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17) $2.16M
Calls: $1.81M (84%)
Puts: $350.3K (16%)
Prior (07/16) $2.29M
Calls: $1.72M (75%)
Puts: $573.4K (25%)
Current vs Prior -5.42%
Calls: +5.78%
Puts: -38.91%
Prior 7-Day Total $45.81M
Calls: $41.14M (90%)
Puts: $4.68M (10%)
Prior 7-Day Average $6.54M
Calls: $5.88M (90%)
Puts: $668.1K (10%)
Current vs Prior 7-Day Avg -66.93%
Calls: -69.13%
Puts: -47.57%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 0.53
Prior (07/16) 0.34
Current vs Prior +59.03%
Prior 7-Day Average 0.71
Current vs Prior 7-Day Avg -24.62%
Sentiment BULLISH

Open Interest

Detail
Current (07/17) 87,901
Calls: 57,019 (65%)
Puts: 30,882 (35%)
Prior (07/16) 66,370
Calls: 47,278 (71%)
Puts: 19,092 (29%)
Current vs Prior +32.44%
Prior 7-Day Total 689,271
Calls: 547,135 (79%)
Puts: 142,136 (21%)
Prior 7-Day Average 98,467
Calls: 78,162 (79%)
Puts: 20,305 (21%)
Current vs Prior 7-Day Avg -10.73%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.76% | 5.85%1.76% | 15.32%
Prior 3.18% | 6.64%3.18% | 15.39%
Current vs Prior +84.27% | +58.76%-44.58% | -0.41%
Prior 7-Day Avg 4.88% | 7.24%5.61% | 16.32%
Current vs 7-Day Avg +19.89% | +45.51%-68.60% | -6.14%
Prior 7-Day Eod 3.18% | 6.64%3.18% | 15.39%
Current vs 7-Day Eod +84.27% | +58.76%-44.58% | -0.41%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Prior 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 9.90% | 12.96%
Calls: 6.62% | 9.34%
Puts: 13.18% | 16.57%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($1.81M) vs puts ($350.3K). Bullish P/C ratio of 0.53. P/C ratio rising 59% - increased hedging/bearish positioning. Call-heavy open interest (57,019 calls vs 30,882 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 21 of results (avg 7.1%, best 5.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Jul 314.654.90$4.785.2%50.642
$65.00Aug 74.504.75$4.635.4%130.5974
$65.00Jul 314.054.30$4.186.0%20.5965
$67.50Aug 213.904.15$4.036.2%1580.50690
$75.00Aug 211.511.61$1.566.4%40.26243
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Aug 214.704.95$4.835.2%940.5099
$65.00Aug 213.453.65$3.555.6%740.41242
$70.00Aug 216.056.45$6.256.4%40.59115
$62.50Aug 212.412.60$2.517.6%320.32558
$67.00Jul 241.892.04$1.977.6%90.5474

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.66, cheapest $0.51)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Jul 240.680.81$0.7517.3%300.2958
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Jul 240.460.55$0.5117.6%120.20201
$64.00Jul 240.660.78$0.7216.7%2010.272.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 45 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Jul 177.059.35$8.2028.0%211.00--
$60.00Jul 176.056.95$6.5013.8%161.001.2K
$57.00Jul 177.9510.70$9.3229.5%70.9825
$56.00Jul 178.9010.85$9.8819.7%90.9816
$63.00Jul 171.544.00$2.7788.8%50.97279
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Jul 1712.0514.70$13.3819.8%120.82--
$78.00Jul 1711.3013.20$12.2515.5%100.81--
$76.00Jul 179.1011.40$10.2522.4%80.80--
$75.00Jul 178.1010.20$9.1523.0%80.796
$67.00Jul 170.411.11$0.7692.1%40.6859

Most actively traded options today. High liquidity = easy entry/exit. 112 active (total vol 2.9K, top 274)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$73.00Jul 240.090.62$0.36147.2%2740.1356
$71.00Aug 71.902.25$2.0816.8%1660.3551
$67.00Jul 241.371.55$1.4612.3%1610.4691
$67.50Aug 213.904.15$4.036.2%1580.50690
$73.00Jul 170.002.13$1.07199.1%1350.24--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Jul 240.660.78$0.7216.7%2010.272.7K
$65.00Jul 170.000.41$0.21195.2%1890.20788
$64.00Aug 72.332.79$2.5618.0%1830.373
$67.50Aug 214.704.95$4.835.2%940.5099
$65.00Aug 213.453.65$3.555.6%740.41242

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 27 strikes (avg 1109.6%, max 4542.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$55.00Jul 17Aug 282621.8%56.5%4542.5%27464
$75.00Jul 17Aug 211841.6%53.2%3362.6%5243
$73.00Jul 17Aug 71591.0%62.4%2450.4%14934
$62.00Jul 17Jul 311431.9%66.2%2062.7%13473
$56.00Jul 17Aug 71166.3%68.0%1615.9%1616
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$69.00Jul 17Aug 141006.8%47.3%2026.5%8420
$64.00Jul 17Aug 28909.8%49.9%1723.0%7413
$68.00Jul 17Jul 24781.1%47.1%1559.2%10134
$60.00Jul 17Aug 21547.1%53.2%927.6%202.5K
$65.00Jul 17Aug 21373.0%52.4%612.1%2631.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 52 found (best R:R 9.00, avg 2.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.00$73.00Aug 7$0.10$0.90$0.109.00$72.10
$66.00$67.00Jul 17$0.16$0.84$0.165.25$66.16
$70.00$71.00Jul 24$0.16$0.84$0.165.25$70.16
$63.00$64.00Jul 17$0.20$0.80$0.204.00$63.20
$70.00$72.00Jul 31$0.43$1.57$0.433.65$70.43
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$60.00$59.00Jul 24$0.14$0.86$0.146.14$59.86
$57.50$55.00Aug 21$0.36$2.14$0.365.94$57.14
$60.00$55.00Aug 14$0.73$4.27$0.735.85$59.27
$63.00$62.00Jul 24$0.15$0.85$0.155.67$62.85
$64.00$54.00Aug 7$2.07$7.93$2.073.83$61.93

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 63 found (best R:R 5.25, avg 1.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$56.00$63.00Jul 24$5.88$5.88$1.125.25$61.88
$54.00$55.00Jul 17$0.77$0.77$0.233.35$54.77
$58.00$62.00Jul 31$2.97$2.97$1.032.88$60.97
$55.00$60.00Aug 21$3.52$3.52$1.482.38$58.52
$64.00$65.00Jul 24$0.69$0.69$0.312.23$64.69
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$64.00$63.00Jul 17$0.77$0.77$0.233.35$63.23
$69.00$68.00Jul 17$0.72$0.72$0.282.57$68.28
$67.00$66.00Jul 17$0.68$0.68$0.322.13$66.32
$68.00$67.00Jul 24$0.58$0.58$0.421.38$67.42
$70.00$67.50Aug 21$1.42$1.42$1.081.31$68.58

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $1.02, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$68.00Jul 17Jul 24$0.09781.1%47.1%
$70.00Jul 17Jul 24$0.49286.0%46.1%
$75.00Jul 17Aug 21$0.491841.6%53.2%
$64.00Jul 17Jul 24$0.61909.8%46.3%
$72.00Jul 24Jul 31$0.9464.3%68.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$55.00Aug 14Aug 21$0.1062.7%57.8%
$68.00Jul 17Jul 24$0.21781.1%47.1%
$60.00Jul 17Jul 24$0.22547.1%57.2%
$54.00Jul 24Aug 7$0.3095.1%68.7%
$58.00Jul 24Jul 31$0.3767.5%64.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 0.74% of stock, avg 9.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$66.00Jul 17$0.41$0.08$0.49$65.51$66.490.74%
$67.00Jul 17$0.25$0.76$1.01$65.99$68.011.52%
$65.00Jul 17$1.37$0.21$1.58$63.42$66.582.38%
$63.00Jul 17$2.77$0.02$2.79$60.21$65.794.20%
$68.00Jul 17$0.97$2.34$3.31$64.69$71.314.98%
$64.00Jul 17$2.57$0.79$3.36$60.64$67.365.06%
$66.00Jul 24$1.92$1.46$3.38$62.62$69.385.09%
$67.00Jul 24$1.46$1.97$3.43$63.57$70.435.16%
$65.00Jul 24$2.49$1.06$3.55$61.45$68.555.34%
$68.00Jul 24$1.06$2.55$3.61$64.39$71.615.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 93 found (cheapest 0.50% of stock, avg 4.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$67.00$66.00Jul 17$0.25$0.08$0.33$65.67$67.33
$67.00$65.00Jul 17$0.25$0.21$0.46$64.54$67.46
$70.00$62.00Jul 24$0.50$0.36$0.86$61.14$70.86
$72.00$62.00Jul 24$0.60$0.36$0.96$61.04$72.96
$70.00$63.00Jul 24$0.50$0.51$1.01$61.99$71.01
$67.50$66.00Jul 17$0.96$0.08$1.04$64.96$68.54
$67.00$64.00Jul 17$0.25$0.79$1.04$62.96$68.04
$68.00$66.00Jul 17$0.97$0.08$1.05$64.95$69.05
$69.00$62.00Jul 24$0.75$0.36$1.11$60.89$70.11
$72.00$63.00Jul 24$0.60$0.51$1.11$61.89$73.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 86 found (best R:R 8.09, avg credit $1.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
59/6064/65Jul 31$0.89$0.118.09$59.11$64.89
63/6468/69Jul 31$0.87$0.136.69$63.13$68.87
58/5964/65Jul 31$0.86$0.146.14$58.14$64.86
60/6265/68Aug 21$2.14$0.365.94$60.36$67.14
62/6364/65Jul 24$0.84$0.165.25$62.16$64.84
59/6065/66Jul 31$0.84$0.165.25$59.16$65.84
63/6466/67Jul 31$0.84$0.165.25$63.16$66.84
59/6064/65Jul 24$0.83$0.174.88$59.17$64.83
67/6869/70Jul 24$0.83$0.174.88$67.17$69.83
66/6768/69Jul 24$0.82$0.184.56$66.18$68.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 34 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$64.00$65.00$66.00Jul 31$0.05$0.9519.00
$66.00$67.00$68.00Jul 24$0.06$0.9415.67
$68.00$69.00$70.00Jul 24$0.06$0.9415.67
$66.00$67.00$68.00Jul 31$0.08$0.9211.50
$67.00$68.00$69.00Jul 24$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$65.00$67.50$70.00Aug 21$0.14$2.3616.86
$61.00$62.00$63.00Jul 24$0.06$0.9415.67
$62.00$63.00$64.00Jul 24$0.06$0.9415.67
$64.00$65.00$66.00Jul 24$0.06$0.9415.67
$55.00$57.50$60.00Aug 21$0.17$2.3313.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-0.06, 42 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$66.00$71.001:2Aug 7-$0.06$4.94
$70.00$75.001:2Aug 21-$0.08$4.92
$60.00$65.001:2Aug 21-$2.45$2.55
$60.00$64.001:2Aug 7-$2.50$1.50
$58.00$62.001:2Jul 31-$3.01$0.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$58.00$54.001:2Jul 24-$0.19$3.81
$63.00$60.001:2Jul 17$0.00$3.00
$63.00$60.001:2Jul 31-$0.31$2.69
$57.50$55.001:2Aug 21-$0.44$2.06
$60.00$57.501:2Aug 21-$0.63$1.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 5.87%, avg 2.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$67.50Aug 21$3.900.501.6%5.87%7.47%158690
$67.00Jul 31$3.050.500.8%4.59%5.43%227
$70.00Aug 21$2.930.415.4%4.41%9.77%381.1K
$70.00Aug 28$2.790.415.4%4.20%9.56%1--
$68.00Jul 31$2.620.462.4%3.94%6.29%79
$69.00Jul 31$2.210.413.9%3.33%7.18%1--
$71.00Aug 7$1.900.356.9%2.86%9.72%16651
$70.00Jul 31$1.830.365.4%2.75%8.11%429
$72.00Aug 7$1.600.318.4%2.41%10.78%106
$72.00Aug 14$1.590.338.4%2.39%10.76%10--

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 2,634
Total Puts 1,405
Put/Call Ratio 0.53
Net Difference 1,229

Prior's Put/Call Breakdown

Total Calls 4,168
Total Puts 1,398
Put/Call Ratio 0.34
Net Difference 2,770

Prior 7-Day Put/Call Summary

Total Calls 30,873
Total Puts 21,334
Average Put/Call Ratio 0.71
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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