Tour v290
CVS
CVS HEALTH CORP
$104.72 -0.09%
$104.10 (-0.59%)🌙
as of 07/02 06:21 PM
7/2 18:21

Option Volume

Detail
Current (07/02) 10,968
Calls: 8,170 (74%)
Puts: 2,798 (26%)
Prior (07/01) 10,251
Calls: 7,448 (73%)
Puts: 2,803 (27%)
Current vs Prior +6.99%
Calls: +9.69% (Calls)
Puts: -0.18% (Puts)
Prior 7-Day Total 126,447
Calls: 103,017 (81%)
Puts: 23,430 (19%)
Prior 7-Day Average 18,063
Calls: 14,716 (81%)
Puts: 3,347 (19%)
Current vs Prior 7-Day Avg -39.28%
Calls: -44.48%
Puts: -16.41%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $6.17M
Calls: $5.63M (91%)
Puts: $540.7K (9%)
Prior (07/01) $3.81M
Calls: $3.12M (82%)
Puts: $690.6K (18%)
Current vs Prior +61.79%
Calls: +80.25%
Puts: -21.70%
Prior 7-Day Total $51.03M
Calls: $45.44M (89%)
Puts: $5.59M (11%)
Prior 7-Day Average $7.29M
Calls: $6.49M (89%)
Puts: $798.7K (11%)
Current vs Prior 7-Day Avg -15.35%
Calls: -13.26%
Puts: -32.31%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.34
Prior (07/01) 0.38
Current vs Prior -9.00%
Prior 7-Day Average 0.26
Current vs Prior 7-Day Avg +29.86%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 130,142
Calls: 92,415 (71%)
Puts: 37,727 (29%)
Prior (07/01) 103,242
Calls: 75,698 (73%)
Puts: 27,544 (27%)
Current vs Prior +26.06%
Prior 7-Day Total 813,981
Calls: 589,950 (73%)
Puts: 219,906 (27%)
Prior 7-Day Average 116,283
Calls: 84,278 (73%)
Puts: 31,415 (27%)
Current vs Prior 7-Day Avg +11.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.06% | 3.49%5.17% | 12.46%
Prior 1.98% | 3.72%-- | --
Current vs Prior +75.64% | +38.84%-- | --
Prior 7-Day Avg 2.64% | 4.16%-- | --
Current vs 7-Day Avg +31.81% | +24.25%-- | --
Prior 7-Day Eod 1.98% | 3.72%-- | --
Current vs 7-Day Eod +75.64% | +38.84%-- | --
Sentiment BEARISH--

Relative Spread

Detail
Expiry | Next
Current 35.23% | 7.90%
Calls: 17.14% | 7.33%
Puts: 53.33% | 8.47%
Prior 35.23% | 7.90%
Calls: 17.14% | 7.33%
Puts: 53.33% | 8.47%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 33.23% | 13.43%
Calls: 26.67% | 13.92%
Puts: 39.14% | 14.78%
Current vs 7-Day Avg +6.01% | -41.18%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($5.63M) vs puts ($540.7K). Elevated premium activity with dollar volume up 62% vs prior. Extreme bullish P/C ratio of 0.34 - heavy call buying (8,170 calls vs 2,798 puts). Call-heavy open interest (92,415 calls vs 37,727 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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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 8.1%, best 6.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$104.00Jul 243.153.35$3.256.2%460.5361
$106.00Jul 242.172.34$2.267.5%50.42235
$87.00Jul 216.5517.90$17.237.8%5521.0025
$88.00Jul 215.5516.90$16.238.3%3751.003
$86.00Jul 1017.4519.10$18.279.0%10.92--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$106.00Jul 243.703.95$3.836.5%30.572
$103.00Jul 171.541.70$1.629.9%920.38245

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.85, cheapest $0.76)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$109.00Jul 170.871.02$0.9515.8%60.2631
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 170.680.83$0.7619.7%310.21906

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 73 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 219.5521.90$20.7311.3%511.0016
$85.00Jul 218.0520.30$19.1811.7%121.0022
$86.00Jul 217.5019.40$18.4510.3%2211.0024
$87.00Jul 216.5517.90$17.237.8%5521.0025
$88.00Jul 215.5516.90$16.238.3%3751.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$107.00Jul 22.073.60$2.8453.9%50.99399
$106.00Jul 21.092.45$1.7776.8%20.98--
$112.00Jul 247.6010.35$8.9830.6%20.83--
$105.00Jul 20.010.74$0.38192.1%2290.81433
$113.00Aug 1410.2011.65$10.9313.3%60.73--

Most actively traded options today. High liquidity = easy entry/exit. 171 active (total vol 8.9K, top 691)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$107.00Jul 100.450.80$0.6355.6%6910.27888
$105.00Jul 20.000.08$0.04200.0%6900.191.1K
$87.00Jul 216.5517.90$17.237.8%5521.0025
$106.00Jul 100.971.36$1.1733.3%4270.3973
$88.00Jul 215.5516.90$16.238.3%3751.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 171.902.88$2.3941.0%2410.51136
$105.00Jul 20.010.74$0.38192.1%2290.81433
$85.00Jul 170.010.07$0.04150.0%2020.01545
$98.00Jul 100.100.23$0.1776.5%1830.0741
$105.00Jul 101.511.91$1.7123.4%1430.5320

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 36 strikes (avg 1106.2%, max 3892.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$94.00Jul 2Aug 71517.0%38.0%3892.1%14035
$97.00Jul 2Jul 101218.0%33.0%3590.9%415233
$96.00Jul 2Jul 311319.0%37.0%3464.9%18629
$99.00Jul 2Jul 311013.0%35.0%2794.3%52156
$88.00Jul 2Aug 71089.0%40.0%2622.5%3763
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$97.00Jul 2Jul 311218.0%35.0%3380.0%68217
$95.00Jul 2Aug 7860.0%47.0%1729.8%2--
$98.00Jul 2Aug 14345.0%33.0%945.5%12--
$100.00Jul 2Aug 7354.0%36.0%883.3%371
$102.00Jul 2Jul 24151.0%30.0%403.3%3630

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 80 found (best R:R 15.67, avg 2.89)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$111.00$112.00Jul 17$0.11$0.89$0.118.09$111.11
$113.00$114.00Jul 17$0.11$0.89$0.118.09$113.11
$111.00$113.00Jul 24$0.22$1.78$0.228.09$111.22
$113.00$114.00Jul 24$0.12$0.88$0.127.33$113.12
$105.00$106.00Jul 17$0.13$0.87$0.136.69$105.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$97.00$95.00Jul 17$0.12$1.88$0.1215.67$96.88
$96.00$94.00Jul 10$0.18$1.82$0.1810.11$95.82
$100.00$95.00Aug 7$0.51$4.49$0.518.80$99.49
$95.00$93.00Jul 24$0.21$1.79$0.218.52$94.79
$95.00$94.00Jul 17$0.15$0.85$0.155.67$94.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 105 found (best R:R 39.00, avg 2.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$87.00$91.00Jul 10$3.90$3.90$0.1039.00$90.90
$89.00$95.00Jul 31$5.67$5.67$0.3317.18$94.67
$90.00$100.00Jul 24$9.40$9.40$0.6015.67$99.40
$91.00$95.00Jul 10$3.73$3.73$0.2713.81$94.73
$96.00$99.00Jul 31$2.73$2.73$0.2710.11$98.73
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$112.00$106.00Jul 24$5.15$5.15$0.856.06$106.85
$113.00$111.00Aug 14$1.68$1.68$0.325.25$111.32
$106.00$105.00Jul 10$0.67$0.67$0.332.03$105.33
$106.00$105.00Jul 31$0.66$0.66$0.341.94$105.34
$111.00$109.00Aug 14$1.30$1.30$0.701.86$109.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 35 found (avg debit $0.60, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$101.00Jul 2Jul 10$0.08200.0%28.0%
$102.00Jul 2Jul 10$0.22151.0%24.0%
$113.00Jul 17Jul 24$0.2331.0%31.0%
$112.00Jul 10Jul 17$0.3428.0%30.0%
$111.00Jul 10Jul 17$0.3530.0%29.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$90.00Jul 10Jul 17$0.0548.0%40.0%
$94.00Jul 10Jul 17$0.0738.0%32.0%
$95.00Jul 2Jul 17$0.09860.0%35.0%
$107.00Jul 2Jul 10$0.11132.0%24.0%
$98.00Jul 2Jul 10$0.16345.0%31.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 0.40% of stock, avg 5.83%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$105.00Jul 2$0.04$0.38$0.42$104.58$105.420.40%
$104.00Jul 2$0.73$0.06$0.79$103.21$104.790.75%
$103.00Jul 2$1.74$0.01$1.75$101.25$104.751.67%
$106.00Jul 2$0.01$1.77$1.78$104.22$107.781.70%
$107.00Jul 2$0.01$2.84$2.85$104.15$109.852.72%
$102.00Jul 2$2.96$0.01$2.97$99.03$104.972.84%
$105.00Jul 10$1.40$1.71$3.11$101.89$108.112.97%
$104.00Jul 10$1.94$1.19$3.13$100.87$107.132.99%
$103.00Jul 10$2.61$0.83$3.44$99.56$106.443.28%
$106.00Jul 10$1.17$2.38$3.55$102.45$109.553.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 117 found (cheapest 0.10% of stock, avg 3.42%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$105.00$104.00Jul 2$0.04$0.06$0.10$103.90$105.10
$105.00$95.00Jul 2$0.04$0.20$0.24$94.76$105.24
$108.00$100.00Jul 10$0.46$0.30$0.76$99.24$108.76
$110.00$100.00Jul 10$0.57$0.30$0.87$99.13$110.87
$107.00$100.00Jul 10$0.63$0.30$0.93$99.07$107.93
$108.00$101.00Jul 10$0.46$0.48$0.94$100.06$108.94
$108.00$102.00Jul 10$0.46$0.52$0.98$101.02$108.98
$110.00$101.00Jul 10$0.57$0.48$1.05$99.95$111.05
$110.00$102.00Jul 10$0.57$0.52$1.09$100.91$111.09
$105.00$97.00Jul 2$0.04$1.07$1.11$95.89$106.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 101 found (best R:R 11.50, avg credit $1.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
94/9697/100Jul 10$2.76$0.2411.50$93.24$99.76
94/95104/105Jul 17$0.90$0.109.00$94.10$104.90
98/101102/105Aug 14$2.67$0.338.09$98.33$104.67
100/101106/107Jul 17$0.88$0.127.33$100.12$106.88
103/104107/108Jul 24$0.87$0.136.69$103.13$107.87
100/101103/104Jul 10$0.85$0.155.67$100.15$103.85
102/103104/105Jul 10$0.85$0.155.67$102.15$104.85
103/104106/107Jul 24$0.81$0.194.26$103.19$106.81
103/104110/112Jul 31$1.62$0.384.26$102.38$111.62
104/105106/107Jul 17$0.79$0.213.76$104.21$106.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 53 found (best R:R 22.53, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$91.00$95.00Jul 10$0.17$3.8322.53
$109.00$110.00$111.00Jul 17$0.05$0.9519.00
$110.00$111.00$112.00Jul 17$0.06$0.9415.67
$111.00$112.00$113.00Jul 17$0.06$0.9415.67
$113.00$114.00$115.00Jul 24$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$102.00$103.00$104.00Jul 10$0.05$0.9519.00
$100.00$101.00$102.00Jul 17$0.06$0.9415.67
$104.00$105.00$106.00Jul 17$0.08$0.9211.50
$93.00$95.00$97.00Jul 24$0.17$1.8310.76
$99.00$100.00$101.00Jul 10$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. 76 found (best net $-0.25, 63 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$94.00$103.001:2Aug 7-$0.25$8.75
$95.00$102.001:2Aug 14-$1.10$5.90
$105.00$110.001:2Aug 14-$1.25$3.75
$99.00$103.001:2Jul 31-$1.71$2.29
$111.00$113.001:2Jul 24-$0.41$1.59
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Aug 7-$0.57$4.43
$94.00$90.001:2Jul 10-$0.03$3.97
$94.00$90.001:2Jul 17-$0.06$3.94
$102.00$98.001:2Jul 24-$0.20$3.80
$100.00$95.001:2Aug 7-$1.84$3.16

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 3.82%, avg 1.20%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$105.00Aug 7$4.000.500.3%3.82%4.09%2--
$105.00Aug 14$3.850.480.3%3.68%3.94%4--
$108.00Aug 7$2.810.413.1%2.68%5.82%21
$105.00Jul 31$2.710.500.3%2.59%2.86%41.0K
$105.00Jul 24$2.630.480.3%2.51%2.78%4102
$106.00Jul 31$2.250.461.2%2.15%3.37%4--
$110.00Aug 7$2.210.345.0%2.11%7.15%124
$106.00Jul 24$2.170.421.2%2.07%3.29%5235
$110.00Aug 14$2.100.345.0%2.01%7.05%5--
$105.00Jul 17$2.080.490.3%1.99%2.25%1532.1K

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 8,170
Total Puts 2,798
Put/Call Ratio 0.34
Net Difference 5,372

Prior's Put/Call Breakdown

Total Calls 7,448
Total Puts 2,803
Put/Call Ratio 0.38
Net Difference 4,645

Prior 7-Day Put/Call Summary

Total Calls 103,017
Total Puts 23,430
Average Put/Call Ratio 0.26
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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