Tour v504
DFTX
DEFINIUM THERAPEUTIC
$42.71 +4.40%
8/12 10:00

Option Volume

Detail
Current (08/12 10:00am) 6,598
Calls: 2,372 (36%)
Puts: 4,226 (64%)
Prior --
Calls: 306 (27%)
Puts: 835 (73%)
Current vs Prior +0.00%
Calls: +675.16% (Calls)
Puts: +406.11% (Puts)
Prior 7-Day Total 52,568
Calls: 38,846 (74%)
Puts: 13,722 (26%)
Prior 7-Day Average 7,509
Calls: 5,549 (74%)
Puts: 1,960 (26%)
Current vs Prior 7-Day Avg -12.14%
Calls: -57.26%
Puts: +115.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/12 10:00am) $1.05M
Calls: $524.0K (50%)
Puts: $530.3K (50%)
Prior --
Calls: $163.0K (43%)
Puts: $213.1K (57%)
Current vs Prior +0.00%
Calls: +221.54%
Puts: +148.87%
Prior 7-Day Total $16.34M
Calls: $14.14M (87%)
Puts: $2.20M (13%)
Prior 7-Day Average $2.33M
Calls: $2.02M (87%)
Puts: $315.0K (13%)
Current vs Prior 7-Day Avg -54.84%
Calls: -74.05%
Puts: +68.34%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/12 10:00am) 1.78
Prior 1.00
Current vs Prior +78.16%
Prior 7-Day Average 1.51
Current vs Prior 7-Day Avg +18.06%
Sentiment BEARISH

Open Interest

Detail
Current (08/12 10:00am) 105,235
Calls: 74,314 (71%)
Puts: 30,921 (29%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 599,893
Calls: 426,782 (71%)
Puts: 173,111 (29%)
Prior 7-Day Average 85,699
Calls: 60,968 (71%)
Puts: 24,730 (29%)
Current vs Prior 7-Day Avg +22.80%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)Expiry (08/21) | Next (09/18)
Current 12.83% | 19.74%12.83% | 19.74%
Prior 25.02% | 33.28%25.02% | 33.28%
Current vs Prior -48.71% | -40.69%-48.71% | -40.69%
Prior 7-Day Avg 24.27% | 32.89%24.27% | 32.89%
Current vs 7-Day Avg -47.14% | -39.98%-47.14% | -39.98%
Prior 7-Day Eod 25.02% | 33.28%29.45% | 33.24%
Current vs 7-Day Eod -48.71% | -40.69%-56.44% | -40.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 64.37% | 56.48%
Calls: 47.06% | 50.00%
Puts: 81.67% | 62.97%
Prior 12.54% | 16.17%
Calls: 10.53% | 13.16%
Puts: 14.55% | 19.18%
Current vs Prior +413.32% | +249.29%
Prior 7-Day Avg 31.96% | 28.85%
Calls: 32.20% | 30.02%
Puts: 31.72% | 27.68%
Current vs 7-Day Avg +101.41% | +95.77%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 1.78 - heavy put buying. P/C ratio rising 78% - increased hedging/bearish positioning. Call-heavy open interest (74,314 calls vs 30,921 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
09:50BEARISHBEARISHBEARISH
09:45BULLISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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 1 of results (avg 7.8%, best 7.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Sep 181.852.00$1.937.8%6380.351.0K
PUTS (0)
No puts meet the criteria

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. 32 found (avg delta 0.69, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 217.6010.20$8.9029.2%--0.9326
$36.00Aug 216.309.50$7.9040.5%--0.9134
$37.00Aug 215.908.50$7.2036.1%--0.8979
$35.00Sep 188.3011.00$9.6528.0%--0.88681
$38.00Aug 215.007.50$6.2540.0%--0.8570
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 215.108.40$6.7548.9%--0.9065
$48.00Aug 213.606.70$5.1560.2%--0.81116
$50.00Sep 187.9010.00$8.9523.5%100.74268
$47.00Aug 212.555.90$4.2279.4%--0.72212
$49.00Sep 185.608.50$7.0541.1%--0.69302

Most actively traded options today. High liquidity = easy entry/exit. 30 active (total vol 5.0K, top 2.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Sep 181.852.00$1.937.8%6380.351.0K
$45.00Aug 211.402.15$1.7842.1%4340.467.1K
$45.00Sep 183.103.90$3.5022.9%4240.545.7K
$50.00Aug 210.501.00$0.7566.7%1520.224.4K
$47.00Sep 182.253.20$2.7334.8%820.4599
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 210.851.55$1.2058.3%2.5K0.268.4K
$45.00Aug 213.104.00$3.5525.4%5020.60949
$40.00Sep 182.103.10$2.6038.5%540.311.1K
$42.00Aug 211.502.50$2.0050.0%450.392.0K
$35.00Aug 210.250.45$0.3557.1%290.091.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 37.4%, max 125.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Aug 21Sep 18160.4%71.4%124.6%5407
$42.00Aug 21Sep 18113.4%76.1%49.0%159
$47.00Aug 21Sep 1892.4%67.0%38.0%90394
$50.00Aug 21Sep 1894.4%69.0%36.8%7905.4K
$46.00Aug 21Sep 18104.5%77.2%35.4%10190
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Aug 21Sep 18160.4%71.3%125.0%--340
$42.00Aug 21Sep 18113.4%76.2%48.7%452.1K
$47.00Aug 21Sep 1892.4%66.8%38.4%--941
$46.00Aug 21Sep 18104.5%77.0%35.7%--355
$48.00Aug 21Sep 1888.1%66.7%32.1%--270

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 24 found (best R:R 1.50, avg 2.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$40.00$41.00Aug 21$0.40$0.60$0.4077%1.50$40.40
$41.00$42.00Sep 18$0.35$0.65$0.3570%1.86$41.35
$40.00$41.00Sep 18$0.40$0.60$0.4073%1.50$40.40
$42.00$43.00Sep 18$0.40$0.60$0.4066%1.50$42.40
$43.00$44.00Sep 18$0.45$0.55$0.4562%1.22$43.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$43.00$42.00Sep 18$0.10$0.90$0.1043%9.00$42.90
$40.00$39.00Sep 18$0.10$0.90$0.1031%9.00$39.90
$45.00$44.00Aug 21$0.37$0.63$0.3760%1.70$44.63
$42.00$40.00Sep 18$0.53$1.47$0.5338%2.77$41.47
$44.00$43.00Sep 18$0.35$0.65$0.3548%1.86$43.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 15 found (best R:R 3.00, avg 1.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$44.00$45.00Sep 18$0.85$0.85$0.1542%5.67$44.85
$46.00$47.00Aug 21$0.65$0.65$0.3557%1.86$46.65
$47.00$48.00Aug 21$0.38$0.38$0.6264%0.61$47.38
$49.00$50.00Sep 18$0.40$0.40$0.6061%0.67$49.40
$44.00$45.00Aug 21$0.50$0.50$0.5047%1.00$44.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$42.00$41.00Aug 21$0.75$0.75$0.2562%3.00$41.25
$39.00$38.00Aug 21$0.22$0.22$0.7878%0.28$38.78
$38.00$37.00Aug 21$0.18$0.18$0.8282%0.22$37.82
$40.00$39.00Aug 21$0.25$0.25$0.7574%0.33$39.75
$37.00$36.00Aug 21$0.12$0.12$0.8886%0.14$36.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.35, cheapest $1.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$42.00Aug 21Sep 18$1.50113.4%76.1%
$46.00Aug 21Sep 18$1.63104.5%77.2%
$47.00Aug 21Sep 18$1.3392.4%67.0%
$44.00Aug 21Sep 18$2.0783.2%65.7%
$45.00Aug 21Sep 18$1.7280.8%66.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$49.00Aug 21Sep 18$1.05160.4%71.3%
$42.00Aug 21Sep 18$1.13113.4%76.2%
$46.00Aug 21Sep 18$1.27104.5%77.0%
$44.00Aug 21Sep 18$0.4083.2%65.9%
$45.00Aug 21Sep 18$0.6380.8%66.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 10.54% of stock, avg 16.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$43.00Aug 21$2.72$1.78$4.50$38.50$47.5010.54%
$45.00Aug 21$1.78$3.55$5.33$39.67$50.3312.48%
$44.00Aug 21$2.28$3.18$5.46$38.54$49.4612.78%
$46.00Aug 21$2.05$3.48$5.53$40.47$51.5312.95%
$41.00Aug 21$4.30$1.25$5.55$35.45$46.5512.99%
$42.00Aug 21$3.70$2.00$5.70$36.30$47.7013.35%
$40.00Aug 21$4.70$1.20$5.90$34.10$45.9013.81%
$45.00Sep 18$3.50$4.18$7.68$37.32$52.6817.98%
$44.00Sep 18$4.35$3.58$7.93$36.07$51.9318.57%
$43.00Sep 18$4.80$3.23$8.03$34.97$51.0318.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 4.61% of stock, avg 9.74%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$48.00$39.00Aug 21$1.02$0.95$1.97$37.03$49.97
$48.00$41.00Aug 21$1.02$1.25$2.27$38.73$50.27
$48.00$40.00Aug 21$1.02$1.20$2.22$37.78$50.22
$47.00$39.00Aug 21$1.40$0.95$2.35$36.65$49.35
$47.00$41.00Aug 21$1.40$1.25$2.65$38.35$49.65
$47.00$40.00Aug 21$1.40$1.20$2.60$37.40$49.60
$48.00$43.00Aug 21$1.02$1.78$2.80$40.20$50.80
$48.00$42.00Aug 21$1.02$2.00$3.02$38.98$51.02
$47.00$43.00Aug 21$1.40$1.78$3.18$39.82$50.18
$47.00$42.00Aug 21$1.40$2.00$3.40$38.60$50.40

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. 17 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$40.00$41.00$42.00Sep 18$0.05$0.957%19.00
$46.00$47.00$48.00Aug 21$0.27$0.7314%2.70
$47.00$48.00$49.00Sep 18$0.30$0.706%2.33
$35.00$36.00$37.00Aug 21$0.30$0.705%2.33
$39.00$40.00$41.00Sep 18$0.45$0.556%1.22
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$36.00$37.00$38.00Aug 21$0.06$0.946%15.67
$46.00$47.00$48.00Aug 21$0.19$0.8118%4.26
$43.00$44.00$45.00Sep 18$0.25$0.7510%3.00
$42.00$43.00$44.00Sep 18$0.25$0.759%3.00
$47.00$48.00$49.00Sep 18$0.25$0.757%3.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 11 found (best net $-0.38, 10 credits)

CALLS (2)
Buy KSell KRatioExpiryNetMax Gain
$47.00$48.001:2Aug 21-$0.64$0.36
$46.00$47.001:2Aug 21-$0.75$0.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$44.00$43.001:2Aug 21-$0.38$0.62
$42.00$41.001:2Aug 21-$0.50$0.50
$36.00$35.001:2Aug 21-$0.27$0.73
$37.00$36.001:2Aug 21-$0.31$0.69
$38.00$37.001:2Aug 21-$0.37$0.63

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 4.33%, avg 3.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$50.00Sep 18$1.850.3517.1%4.33%21.40%6381.0K
$45.00Sep 18$3.100.545.4%7.26%12.62%4245.7K
$47.00Sep 18$2.250.4510.0%5.27%15.31%8299
$48.00Sep 18$2.000.4112.4%4.68%17.07%--132
$46.00Sep 18$2.450.517.7%5.74%13.44%228
$49.00Sep 18$1.650.3914.7%3.86%18.59%1173
$44.00Sep 18$3.200.583.0%7.49%10.51%126
$49.00Aug 21$0.300.3914.7%0.70%15.43%4234
$46.00Aug 21$1.100.437.7%2.58%10.28%8162
$45.00Aug 21$1.400.465.4%3.28%8.64%4347.1K

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 2,372
Total Puts 4,226
Put/Call Ratio 1.78
Net Difference -1,854

Prior's Put/Call Breakdown

Total Calls 306
Total Puts 835
Put/Call Ratio 1.00
Net Difference -529

Prior 7-Day Put/Call Summary

Total Calls 38,846
Total Puts 13,722
Average Put/Call Ratio 1.51
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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