ELV - Options Database

ELV

ELEVANCE HEALTH INC

$385.12 -9.76%

(7/15 09:40) ◀

Wednesday, July 15, 2026 (9:45am)

▶ (7/15 09:50)

◀ 7/15 09:45 ▶

Option Volume

Detail

ℹ

Current (07/15 9:45am) 1,735

Calls: 767 (44%)

Puts: 968 (56%)

Prior --

Calls: 1,456 (62%)

Puts: 877 (38%)

Current vs Prior +0.00%

Calls: -47.32% (Calls)

Puts: +10.38% (Puts)

Prior 7-Day Total 9,362

Calls: 5,026 (54%)

Puts: 4,336 (46%)

Prior 7-Day Average 1,872

Calls: 718 (54%)

Puts: 619 (46%)

Current vs Prior 7-Day Avg -7.34%

Calls: +6.82%

Puts: +56.27%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/15 9:45am) $1.65M

Calls: $817.2K (50%)

Puts: $831.9K (50%)

Prior --

Calls: $1.83M (62%)

Puts: $1.14M (38%)

Current vs Prior +0.00%

Calls: -55.29%

Puts: -27.09%

Prior 7-Day Total $9.16M

Calls: $5.40M (59%)

Puts: $3.76M (41%)

Prior 7-Day Average $1.83M

Calls: $770.8K (59%)

Puts: $537.5K (41%)

Current vs Prior 7-Day Avg -9.96%

Calls: +6.02%

Puts: +54.77%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/15 9:45am) 1.26

Prior 1.00

Current vs Prior +26.21%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg +0.85%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/15 9:45am) 36,712

Calls: 21,253 (58%)

Puts: 15,459 (42%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

Prior 7-Day Total 167,060

Calls: 99,766 (60%)

Puts: 67,294 (40%)

Prior 7-Day Average 33,412

Calls: 19,953 (60%)

Puts: 13,458 (40%)

Current vs Prior 7-Day Avg +9.88%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 5.75% | 10.44%5.75% | 10.44%

Prior 8.01% | 11.54%8.01% | 11.54%

Current vs Prior -28.20% | -9.57%-28.20% | -9.58%

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

Current vs 7-Day Avg -35.35% | -14.70%-28.20% | -9.58%

Prior 7-Day Eod 8.01% | 11.54%7.64% | 11.35%

Current vs 7-Day Eod -28.20% | -9.57%-24.70% | -8.05%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 45.66% | 23.34%

Calls: 48.15% | 26.04%

Puts: 43.17% | 20.65%

Prior 11.46% | 15.38%

Calls: 7.03% | 12.58%

Puts: 15.89% | 18.18%

Current vs Prior +298.43% | +51.76%

Prior 7-Day Avg 11.43% | 10.95%

Calls: 6.59% | 8.82%

Puts: 16.27% | 13.07%

Current vs 7-Day Avg +299.36% | +113.22%

Liquidity Expensive

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Bearish P/C ratio of 1.26 indicates protective 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
09:45	BEARISH	BEARISH	BEARISH
09:40	BULLISH	BEARISH	BEARISH
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

💰

Best Value <$1

📊

High Delta

⚖️

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 (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Jul 17	32.00	39.20	$35.60	20.2%	--	1.00	20
$360.00	Jul 17	22.50	28.50	$25.50	23.5%	5	0.97	18
$370.00	Jul 17	14.60	20.10	$17.35	31.7%	2	0.80	49
$380.00	Jul 17	8.20	13.40	$10.80	48.1%	6	0.59	308
$380.00	Aug 21	17.70	23.00	$20.35	26.0%	11	0.56	52

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Jul 17	42.60	49.00	$45.80	14.0%	--	0.95	37
$440.00	Jul 17	51.70	58.80	$55.25	12.9%	20	0.94	27
$420.00	Jul 17	32.50	39.70	$36.10	19.9%	11	0.93	76
$410.00	Jul 17	23.40	29.80	$26.60	24.1%	21	0.89	98
$430.00	Aug 21	45.50	51.70	$48.60	12.8%	--	0.83	14

Most actively traded options today. High liquidity = easy entry/exit. 41 active (total vol 1.4K, top 428)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Aug 21	4.60	7.00	$5.80	41.4%	144	0.24	64
$410.00	Aug 21	5.00	10.40	$7.70	70.1%	76	0.30	87
$420.00	Jul 17	0.05	1.20	$0.63	182.5%	59	0.06	659
$460.00	Aug 21	0.25	3.10	$1.68	169.6%	47	0.08	159
$450.00	Jul 17	0.00	2.30	$1.15	200.0%	29	0.07	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Jul 17	1.85	3.20	$2.53	53.4%	428	0.23	393
$360.00	Jul 17	0.65	1.20	$0.93	59.1%	111	0.10	217
$400.00	Jul 17	15.20	20.80	$18.00	31.1%	100	0.79	732
$350.00	Jul 17	0.05	0.40	$0.23	152.2%	48	0.05	518
$380.00	Jul 17	3.90	7.60	$5.75	64.3%	41	0.42	434

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 22 strikes (avg 116.8%, max 244.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$450.00	Jul 17	Aug 21	132.7%	38.5%	244.7%	30	1.7K
$440.00	Jul 17	Aug 21	108.0%	35.6%	203.7%	21	317
$460.00	Jul 17	Aug 21	101.5%	38.7%	162.3%	52	820
$430.00	Jul 17	Aug 21	82.8%	34.1%	143.0%	16	1.8K
$420.00	Jul 17	Aug 21	75.7%	36.0%	110.3%	203	723

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$330.00	Jul 17	Aug 21	108.2%	38.5%	181.1%	1	71
$340.00	Jul 17	Aug 21	96.5%	39.2%	146.1%	20	427
$430.00	Jul 17	Aug 21	82.8%	34.1%	143.0%	--	51
$310.00	Jul 17	Aug 21	110.3%	50.7%	117.8%	1	47
$420.00	Jul 17	Aug 21	75.7%	36.0%	110.3%	12	291

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 49.00, avg 9.38)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$420.00	$430.00	Jul 17	$0.23	$9.77	$0.23	42.48	$420.23
$440.00	$450.00	Aug 21	$0.35	$9.65	$0.35	27.57	$440.35
$410.00	$420.00	Jul 17	$0.64	$9.36	$0.64	14.62	$410.64
$430.00	$440.00	Aug 21	$0.70	$9.30	$0.70	13.29	$430.70
$450.00	$460.00	Aug 21	$0.72	$9.28	$0.72	12.89	$450.72

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$340.00	$330.00	Jul 17	$0.20	$9.80	$0.20	49.00	$339.80
$330.00	$320.00	Jul 17	$0.40	$9.60	$0.40	24.00	$329.60
$320.00	$310.00	Aug 21	$0.50	$9.50	$0.50	19.00	$319.50
$360.00	$350.00	Jul 17	$0.70	$9.30	$0.70	13.29	$359.30
$350.00	$340.00	Aug 21	$0.95	$9.05	$0.95	9.53	$349.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 38 found (best R:R 32.33, avg 2.75)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$370.00	Jul 17	$8.15	$8.15	$1.85	4.41	$368.15
$370.00	$380.00	Jul 17	$6.55	$6.55	$3.45	1.90	$376.55
$380.00	$390.00	Jul 17	$5.75	$5.75	$4.25	1.35	$385.75
$380.00	$390.00	Aug 21	$5.05	$5.05	$4.95	1.02	$385.05
$400.00	$410.00	Aug 21	$4.45	$4.45	$5.55	0.80	$404.45

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$430.00	$420.00	Jul 17	$9.70	$9.70	$0.30	32.33	$420.30
$420.00	$410.00	Jul 17	$9.50	$9.50	$0.50	19.00	$410.50
$440.00	$430.00	Jul 17	$9.45	$9.45	$0.55	17.18	$430.55
$410.00	$400.00	Jul 17	$8.60	$8.60	$1.40	6.14	$401.40
$430.00	$420.00	Aug 21	$8.25	$8.25	$1.75	4.71	$421.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 22 found (avg debit $5.35, cheapest $1.25)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$450.00	Jul 17	Aug 21	$1.25	132.7%	38.5%
$460.00	Jul 17	Aug 21	$1.55	101.5%	38.7%
$440.00	Jul 17	Aug 21	$2.00	108.0%	35.6%
$430.00	Jul 17	Aug 21	$3.05	82.8%	34.1%
$420.00	Jul 17	Aug 21	$5.17	75.7%	36.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$330.00	Jul 17	Aug 21	$1.78	108.2%	38.5%
$310.00	Jul 17	Aug 21	$2.32	110.3%	50.7%
$320.00	Jul 17	Aug 21	$2.80	99.0%	47.3%
$430.00	Jul 17	Aug 21	$2.80	82.8%	34.1%
$340.00	Jul 17	Aug 21	$3.25	96.5%	39.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 4.26% of stock, avg 8.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$390.00	Jul 17	$5.05	$11.35	$16.40	$373.60	$406.40	4.26%
$380.00	Jul 17	$10.80	$5.75	$16.55	$363.45	$396.55	4.30%
$370.00	Jul 17	$17.35	$2.53	$19.88	$350.12	$389.88	5.16%
$400.00	Jul 17	$2.25	$18.00	$20.25	$379.75	$420.25	5.26%
$360.00	Jul 17	$25.50	$0.93	$26.43	$333.57	$386.43	6.86%
$410.00	Jul 17	$1.27	$26.60	$27.87	$382.13	$437.87	7.24%
$380.00	Aug 21	$20.35	$14.70	$35.05	$344.95	$415.05	9.10%
$390.00	Aug 21	$15.30	$19.85	$35.15	$354.85	$425.15	9.13%
$350.00	Jul 17	$35.60	$0.23	$35.83	$314.17	$385.83	9.30%
$420.00	Jul 17	$0.63	$36.10	$36.73	$383.27	$456.73	9.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.35% of stock, avg 3.01%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$420.00	$340.00	Jul 17	$0.63	$0.70	$1.33	$338.67	$421.33
$420.00	$360.00	Jul 17	$0.63	$0.93	$1.56	$358.44	$421.56
$450.00	$340.00	Jul 17	$1.15	$0.70	$1.85	$338.15	$451.85
$410.00	$340.00	Jul 17	$1.27	$0.70	$1.97	$338.03	$411.97
$450.00	$360.00	Jul 17	$1.15	$0.93	$2.08	$357.92	$452.08
$410.00	$360.00	Jul 17	$1.27	$0.93	$2.20	$357.80	$412.20
$400.00	$340.00	Jul 17	$2.25	$0.70	$2.95	$337.05	$402.95
$420.00	$370.00	Jul 17	$0.63	$2.53	$3.16	$366.84	$423.16
$400.00	$360.00	Jul 17	$2.25	$0.93	$3.18	$356.82	$403.18
$450.00	$370.00	Jul 17	$1.15	$2.53	$3.68	$366.32	$453.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 108 found (best R:R 25.32, avg credit $4.90)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
400/410	450/460	Jul 17	$9.62	$0.38	25.32	$400.38	$459.62
380/390	400/410	Aug 21	$9.60	$0.40	24.00	$380.40	$409.60
400/410	420/430	Aug 21	$9.20	$0.80	11.50	$400.80	$429.20
360/370	380/390	Aug 21	$8.85	$1.15	7.70	$361.15	$388.85
400/410	420/430	Jul 17	$8.83	$1.17	7.55	$401.17	$428.83
390/400	420/430	Aug 21	$8.65	$1.35	6.41	$391.35	$428.65
320/330	360/370	Jul 17	$8.55	$1.45	5.90	$321.45	$368.55
330/340	360/370	Jul 17	$8.35	$1.65	5.06	$331.65	$368.35
360/370	400/410	Aug 21	$8.25	$1.75	4.71	$361.75	$408.25
370/380	400/410	Aug 21	$8.20	$1.80	4.56	$371.80	$408.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 49.00, cheapest $0.20)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$400.00	$410.00	$420.00	Jul 17	$0.34	$9.66	28.41
$430.00	$440.00	$450.00	Aug 21	$0.35	$9.65	27.57
$410.00	$420.00	$430.00	Jul 17	$0.41	$9.59	23.39
$420.00	$430.00	$440.00	Jul 17	$0.58	$9.42	16.24
$370.00	$380.00	$390.00	Jul 17	$0.80	$9.20	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$410.00	$420.00	$430.00	Jul 17	$0.20	$9.80	49.00
$310.00	$320.00	$330.00	Jul 17	$0.38	$9.62	25.32
$400.00	$410.00	$420.00	Aug 21	$0.50	$9.50	19.00
$390.00	$400.00	$410.00	Aug 21	$0.55	$9.45	17.18
$350.00	$360.00	$370.00	Jul 17	$0.90	$9.10	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 35 found (best net $-0.06, 27 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$420.00	$430.00	1:2	Jul 17	-$0.17	$9.83
$400.00	$410.00	1:2	Jul 17	-$0.29	$9.71
$450.00	$460.00	1:2	Aug 21	-$0.96	$9.04
$430.00	$440.00	1:2	Jul 17	-$1.10	$8.90
$420.00	$430.00	1:2	Aug 21	-$1.10	$8.90

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$320.00	$310.00	1:2	Jul 17	-$0.06	$9.94
$390.00	$380.00	1:2	Jul 17	-$0.15	$9.85
$340.00	$330.00	1:2	Jul 17	-$0.30	$9.70
$340.00	$330.00	1:2	Aug 21	-$0.61	$9.39
$350.00	$340.00	1:2	Jul 17	-$1.17	$8.83

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 3.17%, avg 1.07%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$390.00	Aug 21	$12.20	0.47	1.3%	3.17%	4.43%	4	25
$400.00	Aug 21	$10.00	0.39	3.9%	2.60%	6.46%	20	29
$410.00	Aug 21	$5.00	0.30	6.5%	1.30%	7.76%	76	87
$420.00	Aug 21	$4.60	0.24	9.1%	1.19%	10.25%	144	64
$390.00	Jul 17	$3.50	0.38	1.3%	0.91%	2.18%	25	504
$440.00	Aug 21	$2.00	0.13	14.2%	0.52%	14.77%	12	93
$400.00	Jul 17	$1.50	0.21	3.9%	0.39%	4.25%	21	759
$410.00	Jul 17	$1.00	0.11	6.5%	0.26%	6.72%	7	553
$430.00	Aug 21	$1.00	0.16	11.7%	0.26%	11.91%	3	337
$460.00	Aug 21	$0.25	0.08	19.4%	0.06%	19.51%	47	159

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 767

Total Puts 968

Put/Call Ratio 1.26

Net Difference -201

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 5,026

Total Puts 4,336

Average Put/Call Ratio 1.25

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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