Tour v325
ENPH
ENPHASE ENERGY INC
$43.01 -4.06%
7/13 15:06

Option Volume

Detail
Current (07/13 3:05pm) 15,553
Calls: 10,563 (68%)
Puts: 4,990 (32%)
Prior (07/10) 40,733
Calls: 36,437 (89%)
Puts: 4,296 (11%)
Current vs Prior -61.82%
Calls: -71.01% (Calls)
Puts: +16.15% (Puts)
Prior 7-Day Total 238,554
Calls: 190,630 (80%)
Puts: 47,924 (20%)
Prior 7-Day Average 34,079
Calls: 27,232 (80%)
Puts: 6,846 (20%)
Current vs Prior 7-Day Avg -54.36%
Calls: -61.21%
Puts: -27.11%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13 3:05pm) $3.74M
Calls: $2.22M (59%)
Puts: $1.51M (41%)
Prior (07/10) $3.78M
Calls: $2.46M (65%)
Puts: $1.31M (35%)
Current vs Prior -1.05%
Calls: -9.83%
Puts: +15.47%
Prior 7-Day Total $55.28M
Calls: $39.25M (71%)
Puts: $16.03M (29%)
Prior 7-Day Average $7.90M
Calls: $5.61M (71%)
Puts: $2.29M (29%)
Current vs Prior 7-Day Avg -52.69%
Calls: -60.37%
Puts: -33.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13 3:05pm) 0.47
Prior (07/10) 0.12
Current vs Prior +300.67%
Prior 7-Day Average 0.33
Current vs Prior 7-Day Avg +43.42%
Sentiment BULLISH

Open Interest

Detail
Current (07/13 3:05pm) 405,342
Calls: 234,922 (58%)
Puts: 170,420 (42%)
Prior (07/10) 421,949
Calls: 246,628 (58%)
Puts: 175,321 (42%)
Current vs Prior -3.94%
Prior 7-Day Total 2,913,287
Calls: 1,685,692 (58%)
Puts: 1,227,595 (42%)
Prior 7-Day Average 416,183
Calls: 240,813 (58%)
Puts: 175,370 (42%)
Current vs Prior 7-Day Avg -2.61%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 9.30% | 13.09%9.30% | 26.06%
Prior 7.00% | 12.45%12.45% | 26.08%
Current vs Prior +32.95% | +5.14%-25.30% | -0.08%
Prior 7-Day Avg 7.03% | 12.80%12.69% | 26.89%
Current vs 7-Day Avg +32.31% | +2.26%-26.68% | -3.08%
Prior 7-Day Eod 7.00% | 12.45%9.88% | 25.61%
Current vs 7-Day Eod +32.95% | +5.14%-5.89% | +1.78%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.57% | 13.66%
Calls: 9.30% | 13.43%
Puts: 11.84% | 13.90%
Prior 15.62% | 8.93%
Calls: 16.67% | 8.54%
Puts: 14.57% | 9.32%
Current vs Prior -32.33% | +52.97%
Prior 7-Day Avg 29.82% | 14.07%
Calls: 33.87% | 16.34%
Puts: 25.76% | 11.79%
Current vs 7-Day Avg -64.55% | -2.89%
Liquidity Expensive
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🤖 AI Insights

Below-average activity with volume down 62% vs prior. Extreme bullish P/C ratio of 0.47 - heavy call buying (10,563 calls vs 4,990 puts). P/C ratio rising 301% - increased hedging/bearish 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 28 of results (avg 7.5%, best 3.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 214.554.80$4.685.3%500.511.4K
$41.00Jul 172.782.99$2.897.3%90.70112
$50.00Aug 212.973.20$3.097.4%2580.383.2K
$42.00Jul 243.003.25$3.138.0%100.5919
$42.00Jul 314.554.95$4.758.4%--0.59126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 219.7510.10$9.933.5%80.627.1K
$45.00Jul 172.852.96$2.913.8%9830.663.1K
$45.00Aug 216.406.65$6.533.8%350.492.5K
$40.00Aug 213.653.80$3.724.0%2360.357.2K
$35.00Aug 211.771.86$1.824.9%5530.213.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.70, cheapest $0.22)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Jul 170.620.75$0.6918.8%8480.27767
$45.00Jul 170.871.01$0.9414.9%4780.341.8K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Jul 170.200.24$0.2218.2%590.1058
$40.00Jul 170.520.62$0.5717.5%2750.222.3K
$41.00Jul 170.760.92$0.8419.0%380.30648
$39.00Jul 240.881.03$0.9615.6%80.2342

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 63 found (avg delta 0.67, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Jul 177.508.90$8.2017.1%41.001.0K
$36.00Jul 176.158.00$7.0826.1%10.931
$36.50Jul 175.657.50$6.5828.1%20.93--
$37.00Jul 175.157.00$6.0830.4%10.921
$35.00Jul 247.909.40$8.6517.3%--0.9116
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Jul 177.408.85$8.1317.8%10.94118
$50.00Jul 177.007.60$7.308.2%470.908.2K
$49.50Jul 175.807.65$6.7327.5%--0.8996
$49.00Jul 175.506.70$6.1019.7%20.88105
$48.50Jul 175.156.75$5.9526.9%20.86149

Most actively traded options today. High liquidity = easy entry/exit. 146 active (total vol 9.0K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 170.160.27$0.2250.0%1.5K0.103.1K
$46.00Jul 170.620.75$0.6918.8%8480.27767
$51.00Jul 170.050.18$0.12108.3%5320.06197
$45.00Jul 170.871.01$0.9414.9%4780.341.8K
$43.50Jul 242.242.64$2.4416.4%4640.50--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 172.852.96$2.913.8%9830.663.1K
$35.00Aug 211.771.86$1.824.9%5530.213.1K
$42.00Jul 171.131.32$1.2315.4%4860.39661
$40.00Jul 170.520.62$0.5717.5%2750.222.3K
$40.00Aug 213.653.80$3.724.0%2360.357.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 4.7%, max 9.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$35.00Jul 17Aug 21102.5%94.7%8.2%131.7K
$50.00Jul 17Aug 21106.5%98.7%7.8%1.8K6.3K
$48.00Jul 17Aug 14101.7%99.2%2.6%1771.1K
$51.00Jul 17Aug 14101.1%99.0%2.1%547197
$40.00Jul 17Aug 2195.2%94.2%1.1%371.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.50Jul 17Jul 2496.9%88.3%9.8%219
$35.00Jul 17Aug 21102.5%94.7%8.2%6118.8K
$50.00Jul 17Aug 21106.5%98.7%7.8%5515.3K
$36.00Jul 17Aug 14103.0%98.1%5.0%3910
$48.00Jul 17Aug 14101.7%99.2%2.6%16136

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 113 found (best R:R 9.00, avg 1.88)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$50.00$51.00Jul 17$0.10$0.90$0.109.00$50.10
$47.00$48.00Jul 17$0.11$0.89$0.118.09$47.11
$49.00$50.00Jul 24$0.14$0.86$0.146.14$49.14
$46.00$47.00Jul 17$0.19$0.81$0.194.26$46.19
$50.00$51.00Jul 31$0.19$0.81$0.194.26$50.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$39.00$38.00Jul 17$0.14$0.86$0.146.14$38.86
$40.00$39.00Jul 17$0.21$0.79$0.213.76$39.79
$38.00$37.50Jul 24$0.12$0.38$0.123.17$37.88
$38.50$38.00Jul 24$0.13$0.37$0.132.85$38.37
$41.00$40.00Jul 17$0.27$0.73$0.272.70$40.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 129 found (best R:R 7.33, avg 1.16)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$40.00Jul 24$4.27$4.27$0.735.85$39.27
$37.00$40.00Jul 17$2.43$2.43$0.574.26$39.43
$40.00$41.00Jul 17$0.76$0.76$0.243.17$40.76
$40.00$41.00Jul 24$0.73$0.73$0.272.70$40.73
$35.00$40.00Aug 21$3.07$3.07$1.931.59$38.07
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$47.00$46.00Jul 17$0.88$0.88$0.127.33$46.12
$47.00$46.00Jul 24$0.85$0.85$0.155.67$46.15
$51.00$50.00Jul 31$0.85$0.85$0.155.67$50.15
$51.00$50.00Jul 17$0.83$0.83$0.174.88$50.17
$46.00$45.00Jul 17$0.79$0.79$0.213.76$45.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 35 found (avg debit $0.80, cheapest $0.22)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$51.00Jul 17Jul 24$0.33101.1%87.1%
$35.00Jul 17Jul 24$0.45102.5%90.0%
$50.00Jul 17Jul 24$0.48106.5%92.8%
$49.00Jul 17Jul 24$0.58101.1%91.7%
$48.00Jul 17Jul 24$0.67101.7%92.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$35.00Jul 17Jul 24$0.22102.5%90.0%
$36.00Jul 17Jul 24$0.32103.0%90.5%
$37.00Jul 17Jul 24$0.3698.5%86.2%
$50.00Jul 17Jul 24$0.38106.5%92.8%
$48.00Jul 17Jul 24$0.40101.7%92.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 62 found (cheapest 7.95% of stock, avg 18.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$43.00Jul 17$1.72$1.70$3.42$39.58$46.427.95%
$42.00Jul 17$2.32$1.23$3.55$38.45$45.558.25%
$44.00Jul 17$1.29$2.28$3.57$40.43$47.578.30%
$41.00Jul 17$2.89$0.84$3.73$37.27$44.738.67%
$45.00Jul 17$0.94$2.91$3.85$41.15$48.858.95%
$40.00Jul 17$3.65$0.57$4.22$35.78$44.229.81%
$46.00Jul 17$0.69$3.70$4.39$41.61$50.3910.21%
$47.00Jul 17$0.50$4.58$5.08$41.92$52.0811.81%
$42.50Jul 24$2.90$2.32$5.22$37.28$47.7212.14%
$42.00Jul 24$3.13$2.11$5.24$36.76$47.2412.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 128 found (cheapest 1.74% of stock, avg 12.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$48.00$39.00Jul 17$0.39$0.36$0.75$38.25$48.75
$47.00$39.00Jul 17$0.50$0.36$0.86$38.14$47.86
$48.00$40.00Jul 17$0.39$0.57$0.96$39.04$48.96
$46.00$39.00Jul 17$0.69$0.36$1.05$37.95$47.05
$47.00$40.00Jul 17$0.50$0.57$1.07$38.93$48.07
$48.00$41.00Jul 17$0.39$0.84$1.23$39.77$49.23
$46.00$40.00Jul 17$0.69$0.57$1.26$38.74$47.26
$45.00$39.00Jul 17$0.94$0.36$1.30$37.70$46.30
$47.00$41.00Jul 17$0.50$0.84$1.34$39.66$48.34
$45.00$40.00Jul 17$0.94$0.57$1.51$38.49$46.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 266 found (best R:R 9.00, avg credit $0.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
38/3940/41Jul 17$0.90$0.109.00$38.10$40.90
35/3640/41Jul 31$0.90$0.109.00$35.10$40.90
39/4042/43Jul 31$0.90$0.109.00$39.10$42.90
41/4244/45Aug 7$0.90$0.109.00$41.10$44.90
42/4344/45Aug 7$0.90$0.109.00$42.10$44.90
42/4346/47Aug 14$0.90$0.109.00$42.10$46.90
39/4040/41Jul 24$0.89$0.118.09$38.61$40.89
44/4445/46Jul 31$0.89$0.118.09$43.11$45.89
40/4144/45Aug 7$0.89$0.118.09$40.11$44.89
37/3844/45Aug 14$0.89$0.118.09$37.11$44.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 21.22, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$41.00$42.00$43.00Jul 31$0.05$0.9519.00
$43.00$44.00$45.00Aug 7$0.05$0.9519.00
$45.00$46.00$47.00Jul 17$0.06$0.9415.67
$43.00$44.00$45.00Jul 17$0.08$0.9211.50
$46.00$47.00$48.00Jul 17$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$43.00$45.00$47.00Aug 7$0.09$1.9121.22
$43.00$44.00$45.00Jul 17$0.05$0.9519.00
$39.00$40.00$41.00Jul 17$0.06$0.9415.67
$39.00$40.00$41.00Aug 7$0.06$0.9415.67
$38.00$39.00$40.00Jul 17$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $-0.11, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$40.001:2Jul 24-$0.11$4.89
$37.00$43.001:2Aug 7-$1.22$4.78
$45.00$50.001:2Aug 21-$1.50$3.50
$40.00$45.001:2Aug 21-$2.33$2.67
$37.00$40.001:2Jul 17-$1.22$1.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$45.00$40.001:2Aug 21-$0.91$4.09
$50.00$45.001:2Aug 21-$3.13$1.87
$38.00$36.001:2Jul 31-$0.72$1.28
$39.00$38.001:2Jul 17-$0.08$0.92
$40.00$39.001:2Jul 17-$0.15$0.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 10.58%, avg 4.68%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.00Aug 21$4.550.514.6%10.58%15.21%501.4K
$44.00Aug 14$4.350.542.3%10.11%12.42%2791
$44.00Aug 7$4.050.522.3%9.42%11.72%295
$45.00Aug 14$3.850.504.6%8.95%13.58%--13
$45.00Aug 7$3.650.494.6%8.49%13.11%--43
$46.00Aug 14$3.550.477.0%8.25%15.21%161
$44.50Jul 31$3.250.493.5%7.56%11.02%1--
$45.00Jul 31$3.250.484.6%7.56%12.18%5129
$46.00Aug 7$3.250.467.0%7.56%14.51%1761
$47.00Aug 14$3.150.459.3%7.32%16.60%--76

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 10,563
Total Puts 4,990
Put/Call Ratio 0.47
Net Difference 5,573

Prior's Put/Call Breakdown

Total Calls 36,437
Total Puts 4,296
Put/Call Ratio 0.12
Net Difference 32,141

Prior 7-Day Put/Call Summary

Total Calls 190,630
Total Puts 47,924
Average Put/Call Ratio 0.33
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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Chart Title

Price — Past 7 Days

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