Tour v292
CNC
CENTENE CORP DEL
$66.05 -2.67%
$66.24 (+0.29%)🌙
as of 07/06 06:17 PM
7/6 18:17

Option Volume

Detail
Current (07/06) 5,822
Calls: 2,633 (45%)
Puts: 3,189 (55%)
Prior (07/02) 7,758
Calls: 4,767 (61%)
Puts: 2,991 (39%)
Current vs Prior -24.95%
Calls: -44.77% (Calls)
Puts: +6.62% (Puts)
Prior 7-Day Total 75,493
Calls: 53,231 (71%)
Puts: 22,262 (29%)
Prior 7-Day Average 12,582
Calls: 7,604 (71%)
Puts: 3,180 (29%)
Current vs Prior 7-Day Avg -53.73%
Calls: -65.38%
Puts: +0.27%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/06) $2.36M
Calls: $1.25M (53%)
Puts: $1.11M (47%)
Prior (07/02) $2.70M
Calls: $2.06M (76%)
Puts: $641.8K (24%)
Current vs Prior -12.58%
Calls: -39.14%
Puts: +72.68%
Prior 7-Day Total $69.25M
Calls: $60.95M (88%)
Puts: $8.30M (12%)
Prior 7-Day Average $11.54M
Calls: $8.71M (88%)
Puts: $1.19M (12%)
Current vs Prior 7-Day Avg -79.53%
Calls: -85.60%
Puts: -6.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/06) 1.21
Prior (07/02) 0.63
Current vs Prior +93.03%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg +137.46%
Sentiment BEARISH

Open Interest

Detail
Current (07/06) 91,041
Calls: 57,416 (63%)
Puts: 33,625 (37%)
Prior (07/02) 87,755
Calls: 64,369 (73%)
Puts: 23,386 (27%)
Current vs Prior +3.74%
Prior 7-Day Total 648,475
Calls: 513,587 (79%)
Puts: 134,888 (21%)
Prior 7-Day Average 108,079
Calls: 85,597 (79%)
Puts: 22,481 (21%)
Current vs Prior 7-Day Avg -15.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 5.87% | 8.40%8.40% | 17.23%
Prior 7.04% | 8.25%8.25% | 17.33%
Current vs Prior -16.60% | +1.82%+1.82% | -0.58%
Prior 7-Day Avg 6.14% | 8.66%10.15% | 18.42%
Current vs 7-Day Avg -4.34% | -2.94%-17.18% | -6.47%
Prior 7-Day Eod 7.04% | 8.25%-- | --
Current vs 7-Day Eod -16.60% | +1.82%-- | --
Sentiment BULLISHBEARISH

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 24.82% | 15.81%
Calls: 17.50% | 11.31%
Puts: 32.13% | 20.30%
Current vs 7-Day Avg -60.11% | -18.02%
Liquidity Expensive
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🤖 AI Insights

Bearish P/C ratio of 1.21 indicates protective positioning. P/C ratio rising 93% - increased hedging/bearish positioning. Call-heavy open interest (57,416 calls vs 33,625 puts) suggests bullish 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 NEUTRAL
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 8 of results (avg 8.8%, best 8.3%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 243.453.75$3.608.3%70.5730
$65.00Jul 314.605.00$4.808.3%100.56--
$64.00Jul 102.833.10$2.979.1%10.69232
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$66.00Jul 101.601.74$1.678.4%200.49279
$67.00Jul 243.403.70$3.558.5%140.5346
$67.00Jul 102.092.28$2.188.7%20.58--
$69.00Jul 174.104.50$4.309.3%10.676
$68.00Jul 102.723.00$2.869.8%40.67--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.77, cheapest $0.64)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Jul 100.590.69$0.6415.6%160.24602
$64.00Jul 100.820.96$0.8915.7%2640.31438

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.00Jul 1011.9514.30$13.1317.9%171.00--
$55.00Jul 109.8511.80$10.8318.0%31.001
$56.00Jul 108.8010.90$9.8521.3%40.94--
$57.00Jul 107.859.95$8.9023.6%70.9410
$58.50Jul 106.508.45$7.4826.1%10.929
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 174.755.95$5.3522.4%250.7134
$69.00Jul 174.104.50$4.309.3%10.676
$68.00Jul 102.723.00$2.869.8%40.67--
$67.00Jul 102.092.28$2.188.7%20.58--
$67.00Jul 243.403.70$3.558.5%140.5346

Most actively traded options today. High liquidity = easy entry/exit. 97 active (total vol 3.0K, top 800)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 100.380.53$0.4632.6%2630.2085
$73.00Jul 100.120.20$0.1650.0%1520.08320
$75.00Jul 100.010.23$0.12183.3%1020.0614
$69.00Jul 100.540.75$0.6532.3%920.261.2K
$66.00Jul 101.591.81$1.7012.9%720.511.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 101.161.30$1.2311.4%8000.39597
$64.00Jul 100.820.96$0.8915.7%2640.31438
$62.00Jul 100.400.50$0.4522.2%1560.18189
$60.00Jul 100.190.28$0.2437.5%1040.10101
$65.00Jul 171.912.23$2.0715.5%500.42720

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 19.6%, max 50.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$71.00Jul 10Jul 2464.9%52.7%23.1%26110
$75.00Jul 10Aug 775.8%61.9%22.4%15214
$67.00Jul 10Jul 2461.6%53.0%16.2%81.9K
$68.00Jul 10Jul 2462.4%53.7%16.2%5--
$72.00Jul 10Jul 3171.3%61.6%15.7%2828
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$56.00Jul 10Aug 1491.2%60.7%50.2%3--
$57.00Jul 10Aug 1483.9%59.2%41.6%4--
$58.50Jul 10Jul 1782.6%60.2%37.2%920
$58.00Jul 10Jul 2476.4%56.4%35.6%14121
$60.00Jul 10Aug 1473.0%57.3%27.4%127101

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 62 found (best R:R 11.77, avg 2.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.00$78.00Jul 17$0.47$5.53$0.4711.77$72.47
$70.00$71.00Jul 10$0.13$0.87$0.136.69$70.13
$72.00$73.00Jul 10$0.14$0.86$0.146.14$72.14
$71.00$72.00Jul 17$0.17$0.83$0.174.88$71.17
$71.00$72.00Jul 24$0.18$0.82$0.184.56$71.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$61.00$60.00Jul 10$0.10$0.90$0.109.00$60.90
$62.00$61.00Jul 10$0.11$0.89$0.118.09$61.89
$66.00$65.00Aug 7$0.12$0.88$0.127.33$65.88
$60.00$58.50Jul 17$0.21$1.29$0.216.14$59.79
$57.00$56.00Aug 14$0.16$0.84$0.165.25$56.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 67 found (best R:R 19.00, avg 1.17)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$59.00$62.00Jul 10$2.85$2.85$0.1519.00$61.85
$57.50$60.00Jul 17$2.37$2.37$0.1318.23$59.87
$64.00$65.00Jul 10$0.69$0.69$0.312.23$64.69
$60.00$65.00Jul 17$3.36$3.36$1.642.05$63.36
$62.00$64.00Jul 10$1.18$1.18$0.821.44$63.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$68.00$67.00Jul 10$0.68$0.68$0.322.12$67.32
$69.00$66.00Jul 17$1.79$1.79$1.211.48$67.21
$66.00$65.00Aug 14$0.56$0.56$0.441.27$65.44
$66.00$65.00Jul 24$0.55$0.55$0.451.22$65.45
$67.00$66.00Jul 10$0.51$0.51$0.491.04$66.49

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $0.69, cheapest $0.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$72.00Jul 10Jul 17$0.3371.3%55.1%
$71.00Jul 10Jul 17$0.4764.9%54.8%
$70.00Jul 10Jul 17$0.6163.5%56.0%
$68.00Jul 10Jul 17$0.6962.4%54.2%
$67.00Jul 10Jul 17$0.7761.6%54.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 31Aug 7$0.1364.0%60.8%
$57.00Jul 10Jul 17$0.2083.9%64.0%
$58.50Jul 10Jul 17$0.2282.6%60.2%
$58.00Jul 10Jul 17$0.2376.4%59.9%
$60.00Jul 10Jul 17$0.3873.0%58.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 5.10% of stock, avg 9.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$66.00Jul 10$1.70$1.67$3.37$62.63$69.375.10%
$67.00Jul 10$1.24$2.18$3.42$63.58$70.425.18%
$65.00Jul 10$2.28$1.23$3.51$61.49$68.515.31%
$68.00Jul 10$0.91$2.86$3.77$64.23$71.775.71%
$64.00Jul 10$2.97$0.89$3.86$60.14$67.865.84%
$62.00Jul 10$4.15$0.45$4.60$57.40$66.606.96%
$66.00Jul 17$2.49$2.51$5.00$61.00$71.007.57%
$65.00Jul 17$3.07$2.07$5.14$59.86$70.147.78%
$66.00Jul 24$3.03$3.05$6.08$59.92$72.089.21%
$65.00Jul 24$3.60$2.50$6.10$58.90$71.109.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 102 found (cheapest 1.18% of stock, avg 4.93%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$71.00$62.00Jul 10$0.33$0.45$0.78$61.22$71.78
$70.00$62.00Jul 10$0.46$0.45$0.91$61.09$70.91
$71.00$63.00Jul 10$0.33$0.64$0.97$62.03$71.97
$69.00$62.00Jul 10$0.65$0.45$1.10$60.90$70.10
$70.00$63.00Jul 10$0.46$0.64$1.10$61.90$71.10
$71.00$64.00Jul 10$0.33$0.89$1.22$62.78$72.22
$69.00$63.00Jul 10$0.65$0.64$1.29$61.71$70.29
$70.00$64.00Jul 10$0.46$0.89$1.35$62.65$71.35
$68.00$62.00Jul 10$0.91$0.45$1.36$60.64$69.36
$69.00$64.00Jul 10$0.65$0.89$1.54$62.46$70.54

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 108 found (best R:R 7.33, avg credit $1.10)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
62/6364/65Jul 10$0.88$0.127.33$62.12$64.88
65/6669/70Jul 24$0.87$0.136.69$65.13$69.87
66/6768/69Jul 24$0.86$0.146.14$66.14$68.86
59/6065/66Jul 24$0.85$0.155.67$59.15$65.85
65/6670/71Jul 24$0.84$0.165.25$65.16$70.84
63/6465/66Jul 10$0.83$0.174.88$63.17$65.83
66/6769/70Jul 24$0.82$0.184.56$66.18$69.82
61/6264/65Jul 10$0.80$0.204.00$61.20$64.80
64/6566/67Jul 10$0.80$0.204.00$64.20$66.80
60/6164/65Jul 10$0.79$0.213.76$60.21$64.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$69.00$70.00$71.00Jul 10$0.06$0.9415.67
$67.00$68.00$69.00Jul 10$0.07$0.9313.29
$68.00$69.00$70.00Jul 10$0.07$0.9313.29
$66.00$67.00$68.00Jul 24$0.09$0.9110.11
$70.00$71.00$72.00Jul 10$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$57.00$58.00$59.00Jul 24$0.05$0.9519.00
$62.00$63.00$64.00Jul 10$0.06$0.9415.67
$65.00$66.00$67.00Jul 10$0.07$0.9313.29
$61.00$62.00$63.00Jul 10$0.08$0.9211.50
$63.00$64.00$65.00Jul 10$0.09$0.9110.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 49 found (best net $-0.09, 43 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$69.00$75.001:2Aug 7-$0.09$5.91
$65.00$70.001:2Aug 14-$1.43$3.57
$72.00$75.001:2Jul 31-$0.55$2.45
$72.00$74.001:2Jul 24-$0.05$1.95
$73.00$75.001:2Jul 10-$0.08$1.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$65.00$60.001:2Aug 14-$0.32$4.68
$69.00$66.001:2Jul 17-$0.72$2.28
$60.00$57.001:2Aug 14-$0.77$2.23
$62.00$60.001:2Jul 17-$0.20$1.80
$65.00$63.001:2Jul 17-$0.59$1.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 28 found (best yield 4.77%, avg 1.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$69.00Aug 7$3.150.444.5%4.77%9.24%1--
$69.00Jul 31$2.800.424.5%4.24%8.71%11
$70.00Aug 14$2.700.416.0%4.09%10.07%23--
$70.00Jul 31$2.460.386.0%3.72%9.70%1--
$67.00Jul 24$2.420.471.4%3.66%5.10%133
$68.00Jul 24$2.000.423.0%3.03%5.98%3--
$72.00Jul 31$1.870.329.0%2.83%11.84%1--
$67.00Jul 17$1.830.451.4%2.77%4.21%12322
$69.00Jul 24$1.750.374.5%2.65%7.12%1324
$67.50Jul 17$1.630.422.2%2.47%4.66%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 2,633
Total Puts 3,189
Put/Call Ratio 1.21
Net Difference -556

Prior's Put/Call Breakdown

Total Calls 4,767
Total Puts 2,991
Put/Call Ratio 0.63
Net Difference 1,776

Prior 7-Day Put/Call Summary

Total Calls 53,231
Total Puts 22,262
Average Put/Call Ratio 0.51
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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