ELV - Options Database

ELV

ELEVANCE HEALTH INC

$378.47 -11.32%

(7/14 18:00) ◀

Wednesday, July 15, 2026 (9:35am)

▶ (7/15 09:40)

◀ 7/15 09:35 ▶

Option Volume

Detail

ℹ

Current (07/15 9:35am) 481

Calls: 128 (27%)

Puts: 353 (73%)

Prior --

Calls: 1,456 (62%)

Puts: 877 (38%)

Current vs Prior +0.00%

Calls: -91.21% (Calls)

Puts: -59.75% (Puts)

Prior 7-Day Total 7,545

Calls: 4,292 (57%)

Puts: 3,253 (43%)

Prior 7-Day Average 2,515

Calls: 613 (57%)

Puts: 464 (43%)

Current vs Prior 7-Day Avg -80.87%

Calls: -79.12%

Puts: -24.04%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/15 9:35am) $581.6K

Calls: $82.7K (14%)

Puts: $498.9K (86%)

Prior --

Calls: $1.83M (62%)

Puts: $1.14M (38%)

Current vs Prior +0.00%

Calls: -95.48%

Puts: -56.28%

Prior 7-Day Total $7.34M

Calls: $4.63M (63%)

Puts: $2.71M (37%)

Prior 7-Day Average $2.45M

Calls: $662.1K (63%)

Puts: $387.2K (37%)

Current vs Prior 7-Day Avg -76.25%

Calls: -87.51%

Puts: +28.86%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/15 9:35am) 2.76

Prior 1.00

Current vs Prior +175.78%

Prior 7-Day Average 0.77

Current vs Prior 7-Day Avg +260.51%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/15 9:35am) 36,712

Calls: 21,253 (58%)

Puts: 15,459 (42%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

Prior 7-Day Total 93,636

Calls: 57,260 (61%)

Puts: 36,376 (39%)

Prior 7-Day Average 31,212

Calls: 19,086 (61%)

Puts: 12,125 (39%)

Current vs Prior 7-Day Avg +17.62%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)

Current 5.96% | 10.61%5.96% | 10.61%

Prior 7.82% | 11.43%8.01% | 11.54%

Current vs Prior -23.77% | -7.21%-25.62% | -8.10%

Prior 7-Day Avg 8.90% | 12.24%8.01% | 11.54%

Current vs 7-Day Avg -33.03% | -13.31%-25.62% | -8.10%

Prior 7-Day Eod 7.82% | 11.43%7.64% | 11.35%

Current vs 7-Day Eod -23.77% | -7.21%-22.00% | -6.55%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 66.12% | 33.83%

Calls: 47.83% | 25.33%

Puts: 84.42% | 42.32%

Prior 16.65% | 10.89%

Calls: 9.66% | 8.91%

Puts: 23.64% | 12.87%

Current vs Prior +297.12% | +210.65%

Prior 7-Day Avg 11.42% | 8.73%

Calls: 6.38% | 6.95%

Puts: 16.46% | 10.51%

Current vs 7-Day Avg +478.98% | +287.51%

Liquidity Expensive

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Strong bearish conviction with 86% of dollar volume in puts ($498.9K) vs calls ($82.7K). Extreme bearish P/C ratio of 2.76 - heavy put buying. P/C ratio rising 176% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

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)

Time	Smart Money	Retail	Overall
14:05	BULLISH	BULLISH	BULLISH
09:35	BEARISH	BEARISH	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

🎯

Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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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. 16 found (avg delta 0.78, highest 1.00)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Jul 17	25.50	34.10	$29.80	28.9%	--	1.00	20
$360.00	Jul 17	17.40	21.00	$19.20	18.8%	2	0.85	18
$370.00	Jul 17	10.50	17.10	$13.80	47.8%	2	0.68	49
$380.00	Aug 21	15.00	22.80	$18.90	41.3%	2	0.53	52

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Jul 17	47.10	55.60	$51.35	16.6%	--	0.98	37
$440.00	Jul 17	57.00	65.20	$61.10	13.4%	--	0.94	27
$420.00	Jul 17	37.30	45.70	$41.50	20.2%	9	0.92	76
$410.00	Jul 17	28.00	36.20	$32.10	25.5%	18	0.90	98
$430.00	Aug 21	48.40	56.60	$52.50	15.6%	--	0.86	14

Most actively traded options today. High liquidity = easy entry/exit. 32 active (total vol 392, top 79)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Jul 17	0.00	3.60	$1.80	200.0%	27	0.09	1.2K
$410.00	Aug 21	3.20	8.30	$5.75	88.7%	21	0.25	87
$390.00	Jul 17	3.00	5.40	$4.20	57.1%	5	0.31	504
$400.00	Jul 17	1.00	4.10	$2.55	121.6%	5	0.20	759
$440.00	Jul 17	0.05	1.80	$0.93	188.2%	5	0.06	224

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 17	1.00	2.05	$1.53	68.6%	79	0.15	217
$400.00	Jul 17	19.50	25.00	$22.25	24.7%	67	0.80	732
$370.00	Jul 17	3.50	4.80	$4.15	31.3%	56	0.32	393
$380.00	Jul 17	5.50	12.00	$8.75	74.3%	29	0.53	434
$410.00	Jul 17	28.00	36.20	$32.10	25.5%	18	0.90	98

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 135.4%, max 285.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$450.00	Jul 17	Aug 21	155.6%	40.4%	285.3%	27	1.7K
$440.00	Jul 17	Aug 21	120.6%	39.3%	207.0%	10	317
$420.00	Jul 17	Aug 21	88.7%	33.5%	164.6%	3	723
$410.00	Jul 17	Aug 21	76.4%	32.9%	132.4%	25	640
$430.00	Jul 17	Aug 21	80.1%	34.7%	130.6%	4	1.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$340.00	Jul 17	Aug 21	122.9%	36.7%	235.1%	1	427
$330.00	Jul 17	Aug 21	100.9%	35.8%	181.7%	--	71
$420.00	Jul 17	Aug 21	89.3%	33.5%	166.3%	10	291
$410.00	Jul 17	Aug 21	76.4%	32.9%	132.4%	18	228
$430.00	Jul 17	Aug 21	80.1%	34.7%	130.6%	--	51

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 51.63, avg 6.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$410.00	$420.00	Jul 17	$0.19	$9.81	$0.19	51.63	$410.19
$420.00	$430.00	Jul 17	$0.63	$9.37	$0.63	14.87	$420.63
$440.00	$450.00	Aug 21	$0.70	$9.30	$0.70	13.29	$440.70
$420.00	$430.00	Aug 21	$1.05	$8.95	$1.05	8.52	$421.05
$400.00	$410.00	Jul 17	$1.53	$8.47	$1.53	5.54	$401.53

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$330.00	$320.00	Jul 17	$0.40	$9.60	$0.40	24.00	$329.60
$320.00	$310.00	Aug 21	$0.53	$9.47	$0.53	17.87	$319.47
$360.00	$350.00	Jul 17	$1.15	$8.85	$1.15	7.70	$358.85
$350.00	$340.00	Aug 21	$1.57	$8.43	$1.57	5.37	$348.43
$340.00	$330.00	Aug 21	$1.70	$8.30	$1.70	4.88	$338.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 35 found (best R:R 65.67, avg 6.21)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$370.00	$380.00	Jul 17	$6.75	$6.75	$3.25	2.08	$376.75
$380.00	$390.00	Aug 21	$5.85	$5.85	$4.15	1.41	$385.85
$360.00	$370.00	Jul 17	$5.40	$5.40	$4.60	1.17	$365.40
$400.00	$410.00	Aug 21	$3.90	$3.90	$6.10	0.64	$403.90
$390.00	$400.00	Aug 21	$3.40	$3.40	$6.60	0.52	$393.40

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$410.00	$400.00	Jul 17	$9.85	$9.85	$0.15	65.67	$400.15
$430.00	$420.00	Jul 17	$9.85	$9.85	$0.15	65.67	$420.15
$440.00	$430.00	Jul 17	$9.75	$9.75	$0.25	39.00	$430.25
$420.00	$410.00	Jul 17	$9.40	$9.40	$0.60	15.67	$410.60
$430.00	$420.00	Aug 21	$8.70	$8.70	$1.30	6.69	$421.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 21 found (avg debit $4.88, cheapest $0.60)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$450.00	Jul 17	Aug 21	$0.60	155.6%	40.4%
$440.00	Jul 17	Aug 21	$2.17	120.6%	39.3%
$430.00	Jul 17	Aug 21	$2.83	80.1%	34.7%
$420.00	Jul 17	Aug 21	$3.25	88.7%	33.5%
$410.00	Jul 17	Aug 21	$4.73	76.4%	32.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$430.00	Jul 17	Aug 21	$1.15	80.1%	34.7%
$340.00	Jul 17	Aug 21	$1.43	122.9%	36.7%
$330.00	Jul 17	Aug 21	$1.63	100.9%	35.8%
$420.00	Jul 17	Aug 21	$2.30	89.3%	33.5%
$310.00	Jul 17	Aug 21	$2.32	104.6%	48.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 4.17% of stock, avg 9.49%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$380.00	Jul 17	$7.05	$8.75	$15.80	$364.20	$395.80	4.17%
$370.00	Jul 17	$13.80	$4.15	$17.95	$352.05	$387.95	4.74%
$390.00	Jul 17	$4.20	$14.65	$18.85	$371.15	$408.85	4.98%
$360.00	Jul 17	$19.20	$1.53	$20.73	$339.27	$380.73	5.48%
$400.00	Jul 17	$2.55	$22.25	$24.80	$375.20	$424.80	6.55%
$350.00	Jul 17	$29.80	$0.38	$30.18	$319.82	$380.18	7.97%
$410.00	Jul 17	$1.02	$32.10	$33.12	$376.88	$443.12	8.75%
$380.00	Aug 21	$18.90	$17.25	$36.15	$343.85	$416.15	9.55%
$390.00	Aug 21	$13.05	$23.65	$36.70	$353.30	$426.70	9.70%
$400.00	Aug 21	$9.65	$29.95	$39.60	$360.40	$439.60	10.46%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 40 found (cheapest 0.67% of stock, avg 3.34%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$410.00	$360.00	Jul 17	$1.02	$1.53	$2.55	$357.45	$412.55
$450.00	$360.00	Jul 17	$1.80	$1.53	$3.33	$356.67	$453.33
$410.00	$340.00	Jul 17	$1.02	$2.40	$3.42	$336.58	$413.42
$400.00	$360.00	Jul 17	$2.55	$1.53	$4.08	$355.92	$404.08
$450.00	$340.00	Jul 17	$1.80	$2.40	$4.20	$335.80	$454.20
$400.00	$340.00	Jul 17	$2.55	$2.40	$4.95	$335.05	$404.95
$410.00	$370.00	Jul 17	$1.02	$4.15	$5.17	$364.83	$415.17
$390.00	$360.00	Jul 17	$4.20	$1.53	$5.73	$354.27	$395.73
$450.00	$370.00	Jul 17	$1.80	$4.15	$5.95	$364.05	$455.95
$390.00	$340.00	Jul 17	$4.20	$2.40	$6.60	$333.40	$396.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 76 found (best R:R 17.18, avg credit $5.03)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
360/370	390/400	Aug 21	$9.45	$0.55	17.18	$360.55	$399.45
330/340	370/380	Jul 17	$8.65	$1.35	6.41	$331.35	$378.65
410/420	440/450	Aug 21	$8.55	$1.45	5.90	$411.45	$448.55
390/400	420/430	Jul 17	$8.23	$1.77	4.65	$391.77	$428.23
380/390	410/420	Aug 21	$8.07	$1.93	4.18	$381.93	$418.07
390/400	410/420	Aug 21	$7.97	$2.03	3.93	$392.03	$417.97
350/360	380/390	Aug 21	$7.95	$2.05	3.88	$352.05	$387.95
350/360	370/380	Jul 17	$7.90	$2.10	3.76	$352.10	$377.90
390/400	410/420	Jul 17	$7.79	$2.21	3.52	$392.21	$417.79
360/370	410/420	Aug 21	$7.72	$2.28	3.39	$362.28	$417.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 82.33, cheapest $0.12)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$390.00	$400.00	$410.00	Jul 17	$0.12	$9.88	82.33
$430.00	$440.00	$450.00	Jul 17	$0.14	$9.86	70.43
$410.00	$420.00	$430.00	Aug 21	$0.62	$9.38	15.13
$420.00	$430.00	$440.00	Aug 21	$1.12	$8.88	7.93
$380.00	$390.00	$400.00	Jul 17	$1.20	$8.80	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$310.00	$320.00	$330.00	Jul 17	$0.38	$9.62	25.32
$410.00	$420.00	$430.00	Jul 17	$0.45	$9.55	21.22
$340.00	$350.00	$360.00	Aug 21	$0.53	$9.47	17.87
$410.00	$420.00	$430.00	Aug 21	$0.85	$9.15	10.76
$370.00	$380.00	$390.00	Jul 17	$1.30	$8.70	6.69

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 $-0.06, 26 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$370.00	$380.00	1:2	Jul 17	-$0.30	$9.70
$410.00	$420.00	1:2	Jul 17	-$0.64	$9.36
$390.00	$400.00	1:2	Jul 17	-$0.90	$9.10
$380.00	$390.00	1:2	Jul 17	-$1.35	$8.65
$430.00	$440.00	1:2	Jul 17	-$1.66	$8.34

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$320.00	$310.00	1:2	Jul 17	-$0.06	$9.94
$340.00	$330.00	1:2	Aug 21	-$0.43	$9.57
$370.00	$360.00	1:2	Aug 21	-$1.45	$8.55
$320.00	$310.00	1:2	Aug 21	-$1.87	$8.13
$350.00	$340.00	1:2	Aug 21	-$2.26	$7.74

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 3.96%, avg 1.27%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$380.00	Aug 21	$15.00	0.53	0.4%	3.96%	4.37%	2	52
$390.00	Aug 21	$10.00	0.44	3.0%	2.64%	5.69%	3	25
$400.00	Aug 21	$6.00	0.35	5.7%	1.59%	7.27%	1	29
$380.00	Jul 17	$4.10	0.48	0.4%	1.08%	1.49%	3	308
$410.00	Aug 21	$3.20	0.25	8.3%	0.85%	9.18%	21	87
$390.00	Jul 17	$3.00	0.31	3.0%	0.79%	3.84%	5	504
$400.00	Jul 17	$1.00	0.20	5.7%	0.26%	5.95%	5	759
$440.00	Aug 21	$1.00	0.14	16.3%	0.26%	16.52%	5	93
$410.00	Jul 17	$0.15	0.10	8.3%	0.04%	8.37%	4	553

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 128

Total Puts 353

Put/Call Ratio 2.76

Net Difference -225

Prior's Put/Call Breakdown

Total Calls 1,456

Total Puts 877

Put/Call Ratio 1.00

Net Difference 579

Prior 7-Day Put/Call Summary

Total Calls 4,292

Total Puts 3,253

Average Put/Call Ratio 0.77

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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