Tour v325
ELV
ELEVANCE HEALTH INC
$425.17 +2.15%
$425.90 (+0.17%)🌙
as of 07/13 06:25 PM
7/13 18:25

Option Volume

Detail
Current (07/13) 1,771
Calls: 902 (51%)
Puts: 869 (49%)
Prior (07/10) 2,550
Calls: 2,179 (85%)
Puts: 371 (15%)
Current vs Prior -30.55%
Calls: -58.60% (Calls)
Puts: +134.23% (Puts)
Prior 7-Day Total 7,887
Calls: 5,590 (71%)
Puts: 2,297 (29%)
Prior 7-Day Average 1,126
Calls: 798 (71%)
Puts: 328 (29%)
Current vs Prior 7-Day Avg +57.18%
Calls: +12.95%
Puts: +164.82%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $2.08M
Calls: $1.27M (61%)
Puts: $806.7K (39%)
Prior (07/10) $1.61M
Calls: $1.50M (93%)
Puts: $110.1K (7%)
Current vs Prior +28.98%
Calls: -15.29%
Puts: +632.41%
Prior 7-Day Total $11.58M
Calls: $9.30M (80%)
Puts: $2.29M (20%)
Prior 7-Day Average $1.65M
Calls: $1.33M (80%)
Puts: $326.6K (20%)
Current vs Prior 7-Day Avg +25.59%
Calls: -4.26%
Puts: +147.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.96
Prior (07/10) 0.17
Current vs Prior +465.84%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +14.58%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/13) 13,201
Calls: 9,319 (71%)
Puts: 3,882 (29%)
Prior (07/10) 6,076
Calls: 3,306 (54%)
Puts: 2,770 (46%)
Current vs Prior +117.26%
Prior 7-Day Total 47,031
Calls: 28,782 (61%)
Puts: 18,249 (39%)
Prior 7-Day Average 6,718
Calls: 4,111 (61%)
Puts: 2,607 (39%)
Current vs Prior 7-Day Avg +96.48%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 8.20% | 11.56%8.20% | 11.56%
Prior 8.01% | 11.81%8.01% | 11.81%
Current vs Prior +2.30% | -2.10%+2.30% | -2.10%
Prior 7-Day Avg 8.02% | 12.47%8.10% | 12.44%
Current vs 7-Day Avg +2.17% | -7.27%+1.16% | -7.09%
Prior 7-Day Eod 8.01% | 11.81%8.01% | 11.81%
Current vs 7-Day Eod +2.30% | -2.10%+2.30% | -2.10%
Sentiment BEARISHBEARISH

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 16.65% | 10.89%
Calls: 9.66% | 8.91%
Puts: 23.64% | 12.87%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($1.27M). P/C ratio rising 466% - increased hedging/bearish positioning. Call-heavy open interest (9,319 calls vs 3,882 puts) suggests bullish positioning. Rising open interest (up 117%) indicates new positions being established.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 2 of results (avg 9.4%, best 9.2%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Jul 1722.8025.00$23.909.2%150.67549
$400.00Aug 2136.0039.60$37.809.5%40.7031
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. 10 found (avg delta 0.75, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Jul 1762.0070.00$66.0012.1%10.94--
$380.00Jul 1742.9051.00$46.9517.3%10.91--
$370.00Jul 1752.5061.00$56.7515.0%20.90--
$390.00Jul 1734.3042.60$38.4521.6%180.84523
$400.00Jul 1726.3034.80$30.5527.8%80.79764
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 37 active (total vol 1.3K, top 232)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Jul 170.553.20$1.88141.0%1430.094
$500.00Jul 170.004.80$2.40200.0%1400.106
$450.00Jul 175.106.70$5.9027.1%840.271.3K
$440.00Jul 177.809.50$8.6519.7%630.3690
$420.00Jul 1715.6019.00$17.3019.7%570.57719
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Jul 170.202.75$1.48172.3%2320.09339
$420.00Aug 2118.0020.50$19.2513.0%1510.4463
$400.00Jul 172.606.00$4.3079.1%1130.21115
$420.00Jul 179.3016.40$12.8555.3%270.4372
$360.00Jul 170.001.85$0.93198.9%250.05211

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 120.3%, max 170.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$500.00Jul 17Aug 21118.1%44.0%168.7%1459
$410.00Jul 17Aug 2184.9%38.5%120.5%18549
$420.00Jul 17Aug 2186.8%39.5%119.5%68743
$440.00Jul 17Aug 2184.1%39.1%115.0%65184
$450.00Jul 17Aug 2184.7%40.1%111.0%881.7K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$370.00Jul 17Aug 21106.2%39.3%170.3%17117
$360.00Jul 17Aug 2199.6%44.4%124.4%29584
$420.00Jul 17Aug 2186.8%39.5%119.5%178135
$350.00Jul 17Aug 21100.9%49.2%104.8%16550

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 25 found (best R:R 75.92, avg 7.16)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$480.00$490.00Jul 17$0.70$9.30$0.7013.29$480.70
$470.00$500.00Aug 21$2.67$27.33$2.6710.24$472.67
$460.00$470.00Jul 17$1.52$8.48$1.525.58$461.52
$500.00$510.00Jul 17$2.15$7.85$2.153.65$502.15
$450.00$460.00Jul 17$2.25$7.75$2.253.44$452.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$360.00$350.00Aug 21$0.13$9.87$0.1375.92$359.87
$360.00$350.00Jul 17$0.43$9.57$0.4322.26$359.57
$400.00$390.00Jul 17$0.80$9.20$0.8011.50$399.20
$370.00$360.00Jul 17$1.24$8.76$1.247.06$368.76
$390.00$380.00Jul 17$2.02$7.98$2.023.95$387.98

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 29 found (best R:R 49.00, avg 2.98)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$370.00$380.00Jul 17$9.80$9.80$0.2049.00$379.80
$360.00$370.00Jul 17$9.25$9.25$0.7512.33$369.25
$380.00$390.00Jul 17$8.50$8.50$1.505.67$388.50
$390.00$400.00Jul 17$7.90$7.90$2.103.76$397.90
$400.00$410.00Jul 17$6.65$6.65$3.351.99$406.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$420.00$410.00Jul 17$4.45$4.45$5.550.80$415.55
$410.00$400.00Jul 17$4.10$4.10$5.900.69$405.90
$420.00$370.00Aug 21$15.65$15.65$34.350.46$404.35
$390.00$380.00Jul 17$2.02$2.02$7.980.25$387.98
$370.00$360.00Jul 17$1.24$1.24$8.760.14$368.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $5.45, cheapest $1.43)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$500.00Jul 17Aug 21$1.88118.1%44.0%
$470.00Jul 17Aug 21$4.8281.4%38.9%
$460.00Jul 17Aug 21$6.4583.0%40.9%
$450.00Jul 17Aug 21$6.6584.7%40.1%
$440.00Jul 17Aug 21$6.7584.1%39.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$370.00Jul 17Aug 21$1.43106.2%39.3%
$360.00Jul 17Aug 21$2.6099.6%44.4%
$350.00Jul 17Aug 21$2.90100.9%49.2%
$420.00Jul 17Aug 21$6.4086.8%39.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 7.09% of stock, avg 10.54%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$420.00Jul 17$17.30$12.85$30.15$389.85$450.157.09%
$410.00Jul 17$23.90$8.40$32.30$377.70$442.307.60%
$400.00Jul 17$30.55$4.30$34.85$365.15$434.858.20%
$390.00Jul 17$38.45$3.50$41.95$348.05$431.959.87%
$420.00Aug 21$25.70$19.25$44.95$375.05$464.9510.57%
$380.00Jul 17$46.95$1.48$48.43$331.57$428.4311.39%
$370.00Jul 17$56.75$2.17$58.92$311.08$428.9213.86%
$360.00Jul 17$66.00$0.93$66.93$293.07$426.9315.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 1.12% of stock, avg 3.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$480.00$370.00Jul 17$2.58$2.17$4.75$365.25$484.75
$460.00$370.00Jul 17$3.65$2.17$5.82$364.18$465.82
$480.00$390.00Jul 17$2.58$3.50$6.08$383.92$486.08
$480.00$400.00Jul 17$2.58$4.30$6.88$393.12$486.88
$460.00$390.00Jul 17$3.65$3.50$7.15$382.85$467.15
$460.00$400.00Jul 17$3.65$4.30$7.95$392.05$467.95
$450.00$370.00Jul 17$5.90$2.17$8.07$361.93$458.07
$450.00$390.00Jul 17$5.90$3.50$9.40$380.60$459.40
$450.00$400.00Jul 17$5.90$4.30$10.20$389.80$460.20
$470.00$350.00Aug 21$6.95$3.40$10.35$339.65$480.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 47 found (best R:R 37.46, avg credit $7.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
360/370380/390Jul 17$9.74$0.2637.46$360.26$389.74
360/370390/400Jul 17$9.14$0.8610.63$360.86$399.14
350/360380/390Jul 17$8.93$1.078.35$351.07$388.93
400/410420/430Jul 17$8.85$1.157.70$401.15$428.85
380/390400/410Jul 17$8.67$1.336.52$381.33$408.67
380/390410/420Jul 17$8.62$1.386.25$381.38$418.62
410/420430/440Jul 17$8.35$1.655.06$411.65$438.35
350/360390/400Jul 17$8.33$1.674.99$351.67$398.33
400/410430/440Jul 17$8.00$2.004.00$402.00$438.00
360/370400/410Jul 17$7.89$2.113.74$362.11$407.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$400.00$410.00$420.00Jul 17$0.05$9.95199.00
$410.00$420.00$430.00Aug 21$0.35$9.6527.57
$440.00$450.00$460.00Aug 21$0.40$9.6024.00
$440.00$450.00$460.00Jul 17$0.50$9.5019.00
$420.00$430.00$440.00Aug 21$0.50$9.5019.00
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$400.00$410.00$420.00Jul 17$0.35$9.6527.57
$350.00$360.00$370.00Jul 17$0.81$9.1911.35
$370.00$380.00$390.00Jul 17$2.71$7.292.69
$390.00$400.00$410.00Jul 17$3.30$6.702.03

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-1.61, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$470.00$500.001:2Aug 21-$1.61$28.39
$460.00$470.001:2Jul 17-$0.61$9.39
$480.00$490.001:2Jul 17-$1.18$8.82
$450.00$460.001:2Jul 17-$1.40$8.60
$490.00$500.001:2Jul 17-$2.92$7.08
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$360.00$350.001:2Jul 17-$0.07$9.93
$410.00$400.001:2Jul 17-$0.20$9.80
$400.00$390.001:2Jul 17-$2.70$7.30
$380.00$370.001:2Jul 17-$2.86$7.14
$360.00$350.001:2Aug 21-$3.27$6.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 4.26%, avg 1.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$430.00Aug 21$18.100.491.1%4.26%5.39%12325
$440.00Aug 21$13.800.423.5%3.25%6.73%294
$450.00Aug 21$11.800.365.8%2.78%8.62%4428
$430.00Jul 17$11.100.461.1%2.61%3.75%461.1K
$460.00Aug 21$8.400.308.2%1.98%10.17%14147
$440.00Jul 17$7.800.363.5%1.83%5.32%6390
$470.00Aug 21$5.500.2310.5%1.29%11.84%541
$450.00Jul 17$5.100.275.8%1.20%7.04%841.3K
$460.00Jul 17$2.900.198.2%0.68%8.87%1084
$500.00Aug 21$2.050.1417.6%0.48%18.08%53

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 902
Total Puts 869
Put/Call Ratio 0.96
Net Difference 33

Prior's Put/Call Breakdown

Total Calls 2,179
Total Puts 371
Put/Call Ratio 0.17
Net Difference 1,808

Prior 7-Day Put/Call Summary

Total Calls 5,590
Total Puts 2,297
Average Put/Call Ratio 0.84
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All