NEW Tour v264
ELV
ELEVANCE HEALTH INC
$417.89 +0.41%
$417.75 (-0.03%)🌙
as of 07/02 06:25 PM
7/2 18:25

Option Volume

Detail
Current (07/02) 844
Calls: 658 (78%)
Puts: 186 (22%)
Prior (07/01) 1,086
Calls: 705 (65%)
Puts: 381 (35%)
Current vs Prior -22.28%
Calls: -6.67% (Calls)
Puts: -51.18% (Puts)
Prior 7-Day Total 6,652
Calls: 3,029 (46%)
Puts: 3,623 (54%)
Prior 7-Day Average 950
Calls: 432 (46%)
Puts: 517 (54%)
Current vs Prior 7-Day Avg -11.18%
Calls: +52.06%
Puts: -64.06%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $1.81M
Calls: $1.66M (91%)
Puts: $155.4K (9%)
Prior (07/01) $2.16M
Calls: $1.75M (81%)
Puts: $412.7K (19%)
Current vs Prior -15.92%
Calls: -4.94%
Puts: -62.34%
Prior 7-Day Total $9.66M
Calls: $5.37M (56%)
Puts: $4.29M (44%)
Prior 7-Day Average $1.38M
Calls: $767.8K (56%)
Puts: $612.5K (44%)
Current vs Prior 7-Day Avg +31.44%
Calls: +116.07%
Puts: -74.63%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.28
Prior (07/01) 0.54
Current vs Prior -47.69%
Prior 7-Day Average 1.51
Current vs Prior 7-Day Avg -81.30%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 5,879
Calls: 4,058 (69%)
Puts: 1,821 (31%)
Prior (07/01) 9,879
Calls: 5,846 (59%)
Puts: 4,033 (41%)
Current vs Prior -40.49%
Prior 7-Day Total 50,850
Calls: 30,894 (61%)
Puts: 19,956 (39%)
Prior 7-Day Average 7,264
Calls: 4,413 (61%)
Puts: 2,850 (39%)
Current vs Prior 7-Day Avg -19.07%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)
Current 7.75% | 12.12%
Prior 7.89% | 12.94%
Current vs Prior -1.77% | -6.33%
Prior 7-Day Avg 8.79% | 12.84%
Current vs 7-Day Avg -11.77% | -5.64%
Prior 7-Day Eod 7.89% | 12.94%
Current vs 7-Day Eod -1.77% | -6.33%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 16.65% | 10.89%
Calls: 9.66% | 8.91%
Puts: 23.64% | 12.87%
Prior 16.65% | 10.89%
Calls: 9.66% | 8.91%
Puts: 23.64% | 12.87%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 16.03% | 12.94%
Calls: 13.54% | 11.54%
Puts: 18.53% | 14.33%
Current vs 7-Day Avg +3.84% | -15.82%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($1.66M) vs puts ($155.4K). Extreme bullish P/C ratio of 0.28 - heavy call buying (658 calls vs 186 puts). P/C ratio dropping 48% - sentiment shifting bullish. Call-heavy open interest (4,058 calls vs 1,821 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 -- of results (avg --%, best --%)

No options available for this category

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. 7 found (avg delta 0.74, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Jul 1737.4043.90$40.6516.0%130.93313
$370.00Jul 1745.3053.00$49.1515.7%40.9255
$390.00Jul 1727.0034.70$30.8525.0%20.82532
$400.00Jul 1720.6027.70$24.1529.4%400.72775
$410.00Jul 1715.0021.70$18.3536.5%20.60260
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Jul 1718.2021.50$19.8516.6%20.6416
$420.00Jul 1712.4015.70$14.0523.5%70.5310

Most actively traded options today. High liquidity = easy entry/exit. 18 active (total vol 304, top 167)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Jul 1710.2012.10$11.1517.0%1670.47497
$400.00Jul 1720.6027.70$24.1529.4%400.72775
$430.00Jul 177.209.00$8.1022.2%150.36139
$380.00Jul 1737.4043.90$40.6516.0%130.93313
$450.00Jul 170.053.40$1.73193.6%80.13304
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$390.00Jul 173.004.20$3.6033.3%110.19262
$400.00Jul 175.107.30$6.2035.5%90.29119
$380.00Jul 170.002.65$1.33199.2%70.09--
$420.00Jul 1712.4015.70$14.0523.5%70.5310
$370.00Jul 170.203.40$1.80177.8%50.10391

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 43.59, avg 6.37)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$430.00$440.00Jul 17$1.45$8.55$1.455.90$431.45
$420.00$430.00Jul 17$3.05$6.95$3.052.28$423.05
$440.00$450.00Jul 17$4.92$5.08$4.921.03$444.92
$400.00$410.00Jul 17$5.80$4.20$5.800.72$405.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$370.00$300.00Jul 17$1.57$68.43$1.5743.59$368.43
$390.00$380.00Jul 17$2.27$7.73$2.273.41$387.73
$400.00$390.00Jul 17$2.60$7.40$2.602.85$397.40
$410.00$400.00Jul 17$3.35$6.65$3.351.99$406.65
$420.00$410.00Jul 17$4.50$5.50$4.501.22$415.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 49.00, avg 4.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$380.00$390.00Jul 17$9.80$9.80$0.2049.00$389.80
$370.00$380.00Jul 17$8.50$8.50$1.505.67$378.50
$410.00$420.00Jul 17$7.20$7.20$2.802.57$417.20
$390.00$400.00Jul 17$6.70$6.70$3.302.03$396.70
$400.00$410.00Jul 17$5.80$5.80$4.201.38$405.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$430.00$420.00Jul 17$5.80$5.80$4.201.38$424.20
$420.00$410.00Jul 17$4.50$4.50$5.500.82$415.50
$410.00$400.00Jul 17$3.35$3.35$6.650.50$406.65
$400.00$390.00Jul 17$2.60$2.60$7.400.35$397.40
$390.00$380.00Jul 17$2.27$2.27$7.730.29$387.73

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 6.03% of stock, avg 8.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$420.00Jul 17$11.15$14.05$25.20$394.80$445.206.03%
$410.00Jul 17$18.35$9.55$27.90$382.10$437.906.68%
$430.00Jul 17$8.10$19.85$27.95$402.05$457.956.69%
$400.00Jul 17$24.15$6.20$30.35$369.65$430.357.26%
$390.00Jul 17$30.85$3.60$34.45$355.55$424.458.24%
$380.00Jul 17$40.65$1.33$41.98$338.02$421.9810.05%
$370.00Jul 17$49.15$1.80$50.95$319.05$420.9512.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 0.73% of stock, avg 2.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$450.00$380.00Jul 17$1.73$1.33$3.06$376.94$453.06
$450.00$370.00Jul 17$1.73$1.80$3.53$366.47$453.53
$460.00$380.00Jul 17$3.75$1.33$5.08$374.92$465.08
$450.00$390.00Jul 17$1.73$3.60$5.33$384.67$455.33
$460.00$370.00Jul 17$3.75$1.80$5.55$364.45$465.55
$460.00$390.00Jul 17$3.75$3.60$7.35$382.65$467.35
$450.00$400.00Jul 17$1.73$6.20$7.93$392.07$457.93
$440.00$380.00Jul 17$6.65$1.33$7.98$372.02$447.98
$440.00$370.00Jul 17$6.65$1.80$8.45$361.55$448.45
$430.00$380.00Jul 17$8.10$1.33$9.43$370.57$439.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 21 found (best R:R 49.00, avg credit $6.93)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
390/400410/420Jul 17$9.80$0.2049.00$390.20$419.80
380/390410/420Jul 17$9.47$0.5317.87$380.53$419.47
410/420440/450Jul 17$9.42$0.5816.24$410.58$449.42
400/410440/450Jul 17$8.27$1.734.78$401.73$448.27
380/390400/410Jul 17$8.07$1.934.18$381.93$408.07
390/400440/450Jul 17$7.52$2.483.03$392.48$447.52
380/390440/450Jul 17$7.19$2.812.56$382.81$447.19
400/410420/430Jul 17$6.40$3.601.78$403.60$426.40
410/420430/440Jul 17$5.95$4.051.47$414.05$435.95
390/400420/430Jul 17$5.65$4.351.30$394.35$425.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 29.30, cheapest $0.33)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$390.00$400.00$410.00Jul 17$0.90$9.1010.11
$420.00$430.00$440.00Jul 17$1.60$8.405.25
$380.00$390.00$400.00Jul 17$3.10$6.902.23
$410.00$420.00$430.00Jul 17$4.15$5.851.41
$440.00$450.00$460.00Jul 17$6.94$3.060.44
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$380.00$390.00$400.00Jul 17$0.33$9.6729.30
$390.00$400.00$410.00Jul 17$0.75$9.2512.33
$400.00$410.00$420.00Jul 17$1.15$8.857.70
$410.00$420.00$430.00Jul 17$1.30$8.706.69
$370.00$380.00$390.00Jul 17$2.74$7.262.65

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $-1.00, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$420.001:2Jul 17-$3.95$6.05
$420.00$430.001:2Jul 17-$5.05$4.95
$430.00$440.001:2Jul 17-$5.20$4.80
$450.00$460.001:2Jul 17-$5.77$4.23
$440.00$450.001:2Jul 17$3.19$6.81
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$390.001:2Jul 17-$1.00$9.00
$380.00$370.001:2Jul 17-$2.27$7.73
$410.00$400.001:2Jul 17-$2.85$7.15
$420.00$410.001:2Jul 17-$5.05$4.95
$430.00$420.001:2Jul 17-$8.25$1.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.44%, avg 1.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$420.00Jul 17$10.200.470.5%2.44%2.95%167497
$430.00Jul 17$7.200.362.9%1.72%4.62%15139
$440.00Jul 17$4.400.295.3%1.05%6.34%5--
$460.00Jul 17$1.500.1710.1%0.36%10.44%2--

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 658
Total Puts 186
Put/Call Ratio 0.28
Net Difference 472

Prior's Put/Call Breakdown

Total Calls 705
Total Puts 381
Put/Call Ratio 0.54
Net Difference 324

Prior 7-Day Put/Call Summary

Total Calls 3,029
Total Puts 3,623
Average Put/Call Ratio 1.51
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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