Tour v340
ELV
ELEVANCE HEALTH INC
$390.33 -8.54%
$390.00 (-0.08%)🌙
as of 07/15 06:01 PM
7/15 18:01

Option Volume

Detail
Current (07/15) 7,936
Calls: 4,820 (61%)
Puts: 3,116 (39%)
Prior (07/14) 5,341
Calls: 3,043 (57%)
Puts: 2,298 (43%)
Current vs Prior +48.59%
Calls: +58.40% (Calls)
Puts: +35.60% (Puts)
Prior 7-Day Total 13,069
Calls: 8,172 (63%)
Puts: 4,897 (37%)
Prior 7-Day Average 1,867
Calls: 1,167 (63%)
Puts: 699 (37%)
Current vs Prior 7-Day Avg +325.07%
Calls: +312.87%
Puts: +345.42%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $7.21M
Calls: $4.80M (67%)
Puts: $2.41M (33%)
Prior (07/14) $4.43M
Calls: $3.61M (81%)
Puts: $820.9K (19%)
Current vs Prior +62.69%
Calls: +32.94%
Puts: +193.62%
Prior 7-Day Total $14.12M
Calls: $10.78M (76%)
Puts: $3.35M (24%)
Prior 7-Day Average $2.02M
Calls: $1.54M (76%)
Puts: $477.9K (24%)
Current vs Prior 7-Day Avg +257.50%
Calls: +211.92%
Puts: +404.34%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.65
Prior (07/14) 0.76
Current vs Prior -14.39%
Prior 7-Day Average 0.97
Current vs Prior 7-Day Avg -33.26%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 36,712
Calls: 21,253 (58%)
Puts: 15,459 (42%)
Prior (07/14) 34,502
Calls: 19,880 (58%)
Puts: 14,622 (42%)
Current vs Prior +6.41%
Prior 7-Day Total 78,976
Calls: 48,077 (61%)
Puts: 30,899 (39%)
Prior 7-Day Average 11,282
Calls: 6,868 (61%)
Puts: 4,414 (39%)
Current vs Prior 7-Day Avg +225.40%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.29% | 10.06%5.29% | 10.06%
Prior 7.64% | 11.35%7.64% | 11.35%
Current vs Prior -30.74% | -11.42%-30.74% | -11.42%
Prior 7-Day Avg 8.05% | 12.16%8.05% | 12.16%
Current vs 7-Day Avg -34.28% | -17.31%-34.28% | -17.31%
Prior 7-Day Eod 7.64% | 11.35%7.64% | 11.35%
Current vs 7-Day Eod -30.74% | -11.42%-30.74% | -11.42%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 27.18% | 11.92%
Calls: 29.66% | 6.62%
Puts: 24.69% | 17.21%
Prior 11.46% | 15.38%
Calls: 7.03% | 12.58%
Puts: 15.89% | 18.18%
Current vs Prior +137.17% | -22.50%
Prior 7-Day Avg 15.91% | 11.53%
Calls: 9.28% | 9.43%
Puts: 22.53% | 13.63%
Current vs 7-Day Avg +70.85% | +3.37%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($4.80M). Elevated premium activity with dollar volume up 63% vs prior. Dollar volume significantly above 7-day average (258% higher). Volume explosion - 325% above 7-day average (7,936 vs avg 1,867).

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 NEUTRAL
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 2 of results (avg 8.9%, best 8.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 2122.0024.10$23.059.1%450.6152
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Aug 2133.8036.90$35.358.8%1020.73215

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. 19 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 1736.1043.70$39.9019.0%--1.0020
$360.00Jul 1727.6032.20$29.9015.4%120.9318
$370.00Jul 1717.0022.80$19.9029.1%440.9049
$360.00Aug 2134.6041.20$37.9017.4%80.789
$380.00Jul 1710.4015.20$12.8037.5%140.71308
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Jul 1757.4064.20$60.8011.2%20.992
$440.00Jul 1746.9053.90$50.4013.9%210.9727
$430.00Jul 1737.0043.90$40.4517.1%10.9637
$420.00Jul 1726.9034.30$30.6024.2%200.8876
$410.00Jul 1719.4025.40$22.4026.8%340.8598

Most actively traded options today. High liquidity = easy entry/exit. 48 active (total vol 5.9K, top 746)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Aug 211.856.30$4.08109.1%6340.19337
$450.00Jul 170.000.10$0.05200.0%5610.011.2K
$400.00Jul 171.657.00$4.33123.6%4890.32759
$410.00Jul 170.952.00$1.4870.9%3790.15553
$430.00Jul 170.100.55$0.33136.4%2940.041.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$370.00Jul 170.701.95$1.3394.0%7460.14393
$360.00Jul 170.202.15$1.18165.3%3170.10217
$380.00Jul 172.504.80$3.6563.0%2540.30434
$400.00Jul 1712.0017.00$14.5034.5%2320.68732
$350.00Jul 170.000.15$0.08187.5%1770.01518

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 130.8%, max 332.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$360.00Jul 17Aug 2185.3%34.5%147.5%2027
$420.00Jul 17Aug 2185.9%35.3%143.6%446723
$440.00Jul 17Aug 2185.5%35.9%138.2%111317
$430.00Jul 17Aug 2176.8%33.4%130.2%9281.8K
$400.00Jul 17Aug 2176.7%36.0%113.0%528788
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$340.00Jul 17Aug 21151.7%35.1%332.5%31427
$330.00Jul 17Aug 21145.5%35.8%306.5%17471
$320.00Jul 17Aug 21106.3%41.1%158.4%3641
$360.00Jul 17Aug 2185.3%34.5%147.5%338597
$420.00Jul 17Aug 2185.9%35.3%143.6%122291

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 99.00, avg 14.25)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$430.00$440.00Jul 17$0.10$9.90$0.1099.00$430.10
$410.00$420.00Jul 17$0.15$9.85$0.1565.67$410.15
$440.00$450.00Jul 17$0.18$9.82$0.1854.56$440.18
$440.00$450.00Aug 21$0.38$9.62$0.3825.32$440.38
$430.00$440.00Aug 21$0.65$9.35$0.6514.38$430.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$370.00$360.00Jul 17$0.15$9.85$0.1565.67$369.85
$350.00$340.00Aug 21$0.83$9.17$0.8311.05$349.17
$340.00$330.00Aug 21$0.87$9.13$0.8710.49$339.13
$330.00$320.00Jul 17$0.93$9.07$0.939.75$329.07
$360.00$350.00Jul 17$1.10$8.90$1.108.09$358.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 37 found (best R:R 65.67, avg 3.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$360.00$370.00Aug 21$9.65$9.65$0.3527.57$369.65
$370.00$380.00Jul 17$7.10$7.10$2.902.45$377.10
$380.00$390.00Jul 17$6.65$6.65$3.351.99$386.65
$380.00$390.00Aug 21$5.70$5.70$4.301.33$385.70
$370.00$380.00Aug 21$5.20$5.20$4.801.08$375.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$430.00$420.00Jul 17$9.85$9.85$0.1565.67$420.15
$430.00$420.00Aug 21$8.80$8.80$1.207.33$421.20
$420.00$410.00Jul 17$8.20$8.20$1.804.56$411.80
$410.00$400.00Jul 17$7.90$7.90$2.103.76$402.10
$400.00$390.00Jul 17$7.35$7.35$2.652.77$392.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 23 found (avg debit $5.63, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Jul 17Aug 21$3.0080.6%38.8%
$440.00Jul 17Aug 21$3.2085.5%35.9%
$460.00Jul 17Aug 21$3.4284.8%44.3%
$430.00Jul 17Aug 21$3.7576.8%33.4%
$420.00Jul 17Aug 21$5.4285.9%35.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$340.00Jul 17Aug 21$0.05151.7%35.1%
$330.00Jul 17Aug 21$0.35145.5%35.8%
$320.00Jul 17Aug 21$1.30106.3%41.1%
$350.00Jul 17Aug 21$2.9564.8%32.6%
$430.00Jul 17Aug 21$3.7076.8%33.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 3.41% of stock, avg 8.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$390.00Jul 17$6.15$7.15$13.30$376.70$403.303.41%
$380.00Jul 17$12.80$3.65$16.45$363.55$396.454.21%
$400.00Jul 17$4.33$14.50$18.83$381.17$418.834.82%
$370.00Jul 17$19.90$1.33$21.23$348.77$391.235.44%
$410.00Jul 17$1.48$22.40$23.88$386.12$433.886.12%
$360.00Jul 17$29.90$1.18$31.08$328.92$391.087.96%
$420.00Jul 17$1.33$30.60$31.93$388.07$451.938.18%
$390.00Aug 21$17.35$16.55$33.90$356.10$423.908.68%
$400.00Aug 21$13.20$21.90$35.10$364.90$435.108.99%
$380.00Aug 21$23.05$12.45$35.50$344.50$415.509.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.59% of stock, avg 2.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$420.00$330.00Jul 17$1.33$0.98$2.31$327.69$422.31
$410.00$330.00Jul 17$1.48$0.98$2.46$327.54$412.46
$420.00$360.00Jul 17$1.33$1.18$2.51$357.49$422.51
$410.00$360.00Jul 17$1.48$1.18$2.66$357.34$412.66
$420.00$370.00Jul 17$1.33$1.33$2.66$367.34$422.66
$410.00$370.00Jul 17$1.48$1.33$2.81$367.19$412.81
$420.00$340.00Jul 17$1.33$2.15$3.48$336.52$423.48
$410.00$340.00Jul 17$1.48$2.15$3.63$336.37$413.63
$420.00$380.00Jul 17$1.33$3.65$4.98$375.02$424.98
$410.00$380.00Jul 17$1.48$3.65$5.13$374.87$415.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 103 found (best R:R 11.20, avg credit $4.92)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
420/430440/450Aug 21$9.18$0.8211.20$420.82$449.18
400/410420/430Aug 21$8.92$1.088.26$401.08$428.92
400/410420/430Jul 17$8.90$1.108.09$401.10$428.90
410/420440/450Jul 17$8.38$1.625.17$411.62$448.38
350/360380/390Aug 21$8.37$1.635.13$351.63$388.37
390/400420/430Jul 17$8.35$1.655.06$391.65$428.35
370/380390/400Aug 21$8.35$1.655.06$371.65$398.35
410/420430/440Jul 17$8.30$1.704.88$411.70$438.30
390/400410/420Aug 21$8.30$1.704.88$391.70$418.30
330/340370/380Jul 17$8.27$1.734.78$331.73$378.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 99.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$440.00$450.00$460.00Jul 17$0.16$9.8461.50
$430.00$440.00$450.00Aug 21$0.27$9.7336.04
$410.00$420.00$430.00Aug 21$0.28$9.7234.71
$370.00$380.00$390.00Jul 17$0.45$9.5521.22
$400.00$410.00$420.00Aug 21$0.55$9.4517.18
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$420.00$430.00$440.00Jul 17$0.10$9.9099.00
$320.00$330.00$340.00Jul 17$0.24$9.7640.67
$400.00$410.00$420.00Jul 17$0.30$9.7032.33
$430.00$440.00$450.00Jul 17$0.45$9.5521.22
$390.00$400.00$410.00Jul 17$0.55$9.4517.18

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-0.01, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$460.001:2Jul 17-$0.01$9.99
$430.00$440.001:2Jul 17-$0.13$9.87
$410.00$420.001:2Jul 17-$1.18$8.82
$420.00$430.001:2Aug 21-$1.41$8.59
$390.00$400.001:2Jul 17-$2.51$7.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$390.00$380.001:2Jul 17-$0.15$9.85
$360.00$350.001:2Aug 21-$0.36$9.64
$340.00$330.001:2Aug 21-$0.46$9.54
$370.00$360.001:2Jul 17-$1.03$8.97
$330.00$320.001:2Aug 21-$1.37$8.63

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 3.00%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$400.00Aug 21$11.700.432.5%3.00%5.47%3929
$410.00Aug 21$8.100.355.0%2.08%7.11%7987
$420.00Aug 21$5.500.277.6%1.41%9.01%15664
$440.00Aug 21$2.450.1512.7%0.63%13.35%4693
$430.00Aug 21$1.850.1910.2%0.47%10.64%634337
$400.00Jul 17$1.650.322.5%0.42%2.90%489759
$450.00Aug 21$1.600.1315.3%0.41%15.70%17434
$460.00Aug 21$1.000.1317.9%0.26%18.11%71159
$410.00Jul 17$0.950.155.0%0.24%5.28%379553
$420.00Jul 17$0.250.127.6%0.06%7.67%290659

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 4,820
Total Puts 3,116
Put/Call Ratio 0.65
Net Difference 1,704

Prior's Put/Call Breakdown

Total Calls 3,043
Total Puts 2,298
Put/Call Ratio 0.76
Net Difference 745

Prior 7-Day Put/Call Summary

Total Calls 8,172
Total Puts 4,897
Average Put/Call Ratio 0.97
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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