Tour v344
CNC
CENTENE CORP DEL
$63.89 -4.08%
$64.89 (+1.57%)🌙
as of 07/16 06:18 PM
7/16 18:18

Option Volume

Detail
Current (07/16) 5,566
Calls: 4,168 (75%)
Puts: 1,398 (25%)
Prior (07/15) 6,626
Calls: 5,020 (76%)
Puts: 1,606 (24%)
Current vs Prior -16.00%
Calls: -16.97% (Calls)
Puts: -12.95% (Puts)
Prior 7-Day Total 52,691
Calls: 30,075 (57%)
Puts: 22,616 (43%)
Prior 7-Day Average 7,527
Calls: 4,296 (57%)
Puts: 3,230 (43%)
Current vs Prior 7-Day Avg -26.06%
Calls: -2.99%
Puts: -56.73%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $2.29M
Calls: $1.72M (75%)
Puts: $573.4K (25%)
Prior (07/15) $3.33M
Calls: $2.93M (88%)
Puts: $404.7K (12%)
Current vs Prior -31.36%
Calls: -41.45%
Puts: +41.68%
Prior 7-Day Total $51.94M
Calls: $47.01M (91%)
Puts: $4.93M (9%)
Prior 7-Day Average $7.42M
Calls: $6.72M (91%)
Puts: $703.9K (9%)
Current vs Prior 7-Day Avg -69.15%
Calls: -74.46%
Puts: -18.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.34
Prior (07/15) 0.32
Current vs Prior +4.84%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -56.63%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 66,370
Calls: 47,278 (71%)
Puts: 19,092 (29%)
Prior (07/15) 76,394
Calls: 52,985 (69%)
Puts: 23,409 (31%)
Current vs Prior -13.12%
Prior 7-Day Total 729,329
Calls: 587,378 (81%)
Puts: 141,951 (19%)
Prior 7-Day Average 104,189
Calls: 83,911 (81%)
Puts: 20,278 (19%)
Current vs Prior 7-Day Avg -36.30%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 3.18% | 6.64%3.18% | 15.39%
Prior 5.04% | 6.74%5.04% | 15.34%
Current vs Prior -37.01% | -1.55%-37.01% | +0.28%
Prior 7-Day Avg 5.16% | 7.41%6.27% | 16.57%
Current vs 7-Day Avg -38.45% | -10.43%-49.33% | -7.13%
Prior 7-Day Eod 5.04% | 6.74%5.04% | 15.34%
Current vs 7-Day Eod -37.01% | -1.55%-37.01% | +0.28%
Sentiment BULLISHBULLISH

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

Moderately bullish flow with 75% call dollar volume ($1.72M). Extreme bullish P/C ratio of 0.34 - heavy call buying (4,168 calls vs 1,398 puts). Call-heavy open interest (47,278 calls vs 19,092 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 8 of results (avg 7.8%, best 5.6%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Aug 212.762.99$2.888.0%980.40617
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Aug 216.106.45$6.285.6%50.6099
$65.00Aug 214.654.95$4.806.2%830.51171
$70.00Aug 217.608.15$7.887.0%80.68110
$65.00Aug 74.054.40$4.228.3%100.5240
$57.50Aug 211.561.70$1.638.6%70.24376

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. 48 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Jul 1710.6013.05$11.8320.7%2161.00583
$56.00Jul 177.459.75$8.6026.7%70.9618
$57.50Jul 175.808.15$6.9833.7%160.951.0K
$57.00Jul 176.258.45$7.3529.9%220.9529
$52.00Jul 1711.6013.75$12.6817.0%300.9458
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Jul 172.084.00$3.0463.2%31.00--
$70.00Jul 174.156.50$5.3344.1%21.0029
$72.00Jul 176.458.40$7.4326.2%21.00--
$71.00Jul 175.157.45$6.3036.5%20.98--
$72.50Jul 176.659.10$7.8831.1%20.95--

Most actively traded options today. High liquidity = easy entry/exit. 115 active (total vol 2.8K, top 320)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 170.190.69$0.44113.6%3200.331.7K
$52.50Jul 1710.6013.05$11.8320.7%2161.00583
$53.00Jul 1710.6012.75$11.6818.4%1870.94189
$69.00Jul 170.000.30$0.15200.0%1680.09326
$75.00Aug 210.981.19$1.0919.3%1630.19360
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$61.00Jul 170.000.48$0.24200.0%2660.151.0K
$65.00Aug 214.654.95$4.806.2%830.51171
$62.50Aug 213.353.80$3.5812.6%540.42532
$62.00Jul 170.000.33$0.17194.1%510.1575
$60.00Aug 212.362.74$2.5514.9%320.33767

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 29 strikes (avg 92.2%, max 361.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.00Jul 17Jul 31284.8%65.1%337.4%1036
$72.50Jul 17Aug 21164.4%55.7%195.0%14846
$57.50Jul 17Aug 21136.1%52.8%157.5%311.1K
$73.00Jul 17Jul 31158.7%65.2%143.3%138--
$71.00Jul 17Aug 14122.1%57.4%112.9%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$55.00Jul 17Aug 21243.0%52.7%361.0%2566
$57.50Jul 17Aug 21136.1%52.8%157.5%10376
$67.00Jul 17Jul 2494.7%46.9%102.1%960
$68.00Jul 17Jul 2491.8%47.7%92.5%2--
$70.00Jul 17Aug 21100.9%54.5%85.1%10139

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 54 found (best R:R 15.67, avg 2.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.00$76.00Aug 7$0.24$3.76$0.2415.67$72.24
$68.00$70.00Jul 24$0.19$1.81$0.199.53$68.19
$70.00$72.00Jul 31$0.32$1.68$0.325.25$70.32
$69.00$70.00Jul 31$0.17$0.83$0.174.88$69.17
$67.00$68.00Jul 24$0.19$0.81$0.194.26$67.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$60.00$58.00Jul 24$0.16$1.84$0.1611.50$59.84
$55.00$52.50Aug 21$0.32$2.18$0.326.81$54.68
$59.00$52.00Jul 31$1.18$5.82$1.184.93$57.82
$61.00$60.00Jul 17$0.17$0.83$0.174.88$60.83
$62.50$62.00Jul 17$0.10$0.40$0.104.00$62.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 66 found (best R:R 7.89, avg 1.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$58.00$62.00Jul 24$3.55$3.55$0.457.89$61.55
$60.00$62.00Jul 17$1.75$1.75$0.257.00$61.75
$54.00$58.00Jul 31$3.40$3.40$0.605.67$57.40
$55.00$56.00Jul 17$0.83$0.83$0.174.88$55.83
$57.00$57.50Jul 17$0.37$0.37$0.132.85$57.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$70.00$68.00Jul 17$1.77$1.77$0.237.70$68.23
$65.00$64.00Jul 17$0.78$0.78$0.223.55$64.22
$67.00$66.00Jul 24$0.76$0.76$0.243.17$66.24
$66.00$63.00Aug 14$1.98$1.98$1.021.94$64.02
$66.00$65.00Jul 24$0.65$0.65$0.351.86$65.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $1.14, cheapest $0.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$71.00Jul 17Jul 24$0.13122.1%52.3%
$72.00Jul 17Jul 24$0.16119.3%56.6%
$58.00Jul 17Jul 24$0.18131.3%58.8%
$70.00Jul 17Jul 24$0.23100.9%51.7%
$68.00Jul 17Jul 24$0.3491.8%47.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$60.00Jul 17Jul 24$0.4484.7%50.5%
$61.00Jul 17Jul 24$0.4795.7%49.1%
$55.00Jul 17Aug 21$0.62243.0%52.7%
$68.00Jul 17Jul 24$0.6691.8%47.7%
$67.00Jul 17Jul 24$0.8094.7%46.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 32 found (cheapest 2.27% of stock, avg 9.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$64.00Jul 17$0.76$0.69$1.45$62.55$65.452.27%
$63.00Jul 17$1.34$0.37$1.71$61.29$64.712.68%
$65.00Jul 17$0.44$1.47$1.91$63.09$66.912.99%
$62.50Jul 17$1.69$0.27$1.96$60.54$64.463.07%
$66.00Jul 17$0.23$1.73$1.96$64.04$67.963.07%
$62.00Jul 17$2.80$0.17$2.97$59.03$64.974.65%
$67.50Jul 17$0.08$3.04$3.12$64.38$70.624.88%
$67.00Jul 17$0.29$2.95$3.24$63.76$70.245.07%
$64.00Jul 24$1.76$1.79$3.55$60.45$67.555.56%
$68.00Jul 17$0.14$3.56$3.70$64.30$71.705.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 114 found (cheapest 0.49% of stock, avg 4.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$68.00$62.00Jul 17$0.14$0.17$0.31$61.69$68.31
$69.00$62.00Jul 17$0.15$0.17$0.32$61.68$69.32
$68.00$61.00Jul 17$0.14$0.24$0.38$60.62$68.38
$69.00$61.00Jul 17$0.15$0.24$0.39$60.61$69.39
$66.00$62.00Jul 17$0.23$0.17$0.40$61.60$66.40
$68.00$62.50Jul 17$0.14$0.27$0.41$62.09$68.41
$69.00$62.50Jul 17$0.15$0.27$0.42$62.08$69.42
$67.00$62.00Jul 17$0.29$0.17$0.46$61.54$67.46
$66.00$61.00Jul 17$0.23$0.24$0.47$60.53$66.47
$66.00$62.50Jul 17$0.23$0.27$0.50$62.00$66.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 77 found (best R:R 8.09, avg credit $1.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
60/6163/64Jul 24$0.89$0.118.09$60.11$63.89
60/6164/65Aug 7$0.86$0.146.14$60.14$64.86
61/6365/67Aug 7$1.71$0.295.90$61.29$66.71
59/6064/65Jul 31$0.85$0.155.67$59.15$64.85
65/6667/68Jul 24$0.84$0.165.25$65.16$67.84
68/7072/75Aug 21$2.10$0.405.25$67.90$74.60
62/6568/70Aug 21$2.01$0.494.10$62.99$69.51
65/6870/72Aug 21$1.98$0.523.81$65.52$71.98
65/6872/75Aug 21$1.98$0.523.81$65.52$74.48
60/6171/72Aug 7$0.78$0.223.55$60.22$71.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 21.73, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$65.00$67.50$70.00Aug 21$0.11$2.3921.73
$70.00$71.00$72.00Jul 24$0.07$0.9313.29
$65.00$67.00$69.00Jul 31$0.17$1.8310.76
$64.00$65.00$66.00Jul 17$0.11$0.898.09
$69.00$70.00$71.00Jul 17$0.11$0.898.09
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$57.50$60.00$62.50Aug 21$0.11$2.3921.73
$65.00$67.50$70.00Aug 21$0.12$2.3819.83
$60.00$62.50$65.00Aug 21$0.19$2.3112.16
$60.00$61.00$62.00Jul 24$0.10$0.909.00
$64.00$65.00$66.00Jul 24$0.10$0.909.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 58 found (best net $-0.61, 51 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$72.00$76.001:2Aug 7-$0.61$3.39
$60.00$64.001:2Aug 7-$1.25$2.75
$60.00$64.001:2Jul 31-$1.32$2.68
$67.00$70.001:2Aug 7-$0.43$2.57
$72.50$75.001:2Aug 21-$0.59$1.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$60.00$57.501:2Jul 17-$0.13$2.37
$55.00$52.501:2Aug 21-$0.35$2.15
$57.50$55.001:2Aug 21-$0.35$2.15
$63.00$60.001:2Aug 14-$1.06$1.94
$60.00$58.001:2Jul 24-$0.19$1.81

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 5.48%, avg 2.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$65.00Aug 21$3.500.491.7%5.48%7.22%111.9K
$64.00Aug 7$3.400.520.2%5.32%5.49%3--
$64.00Jul 31$3.050.520.2%4.77%4.95%12
$65.00Aug 7$2.920.481.7%4.57%6.31%3--
$67.50Aug 21$2.760.405.7%4.32%9.97%98617
$65.00Jul 31$2.580.471.7%4.04%5.78%4322
$67.00Aug 7$2.190.404.9%3.43%8.30%2--
$70.00Aug 21$1.950.329.6%3.05%12.62%811.0K
$67.00Jul 31$1.820.384.9%2.85%7.72%128
$64.00Jul 24$1.600.510.2%2.50%2.68%521

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

Prior's Put/Call Breakdown

Total Calls 5,020
Total Puts 1,606
Put/Call Ratio 0.32
Net Difference 3,414

Prior 7-Day Put/Call Summary

Total Calls 30,075
Total Puts 22,616
Average Put/Call Ratio 0.77
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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