Tour v344
FRMI
FERMI INC
$5.93 -5.12%
$5.95 (+0.33%)🌙
as of 07/16 06:30 PM
7/16 18:30

Option Volume

Detail
Current (07/16) 32,440
Calls: 22,810 (70%)
Puts: 9,630 (30%)
Prior (07/15) 29,943
Calls: 23,708 (79%)
Puts: 6,235 (21%)
Current vs Prior +8.34%
Calls: -3.79% (Calls)
Puts: +54.45% (Puts)
Prior 7-Day Total 341,618
Calls: 284,453 (83%)
Puts: 57,165 (17%)
Prior 7-Day Average 48,802
Calls: 40,636 (83%)
Puts: 8,166 (17%)
Current vs Prior 7-Day Avg -33.53%
Calls: -43.87%
Puts: +17.92%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $3.16M
Calls: $2.55M (81%)
Puts: $605.0K (19%)
Prior (07/15) $2.04M
Calls: $1.63M (80%)
Puts: $417.6K (20%)
Current vs Prior +54.50%
Calls: +56.98%
Puts: +44.85%
Prior 7-Day Total $34.45M
Calls: $28.80M (84%)
Puts: $5.66M (16%)
Prior 7-Day Average $4.92M
Calls: $4.11M (84%)
Puts: $808.2K (16%)
Current vs Prior 7-Day Avg -35.84%
Calls: -37.94%
Puts: -25.15%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.42
Prior (07/15) 0.26
Current vs Prior +60.53%
Prior 7-Day Average 0.27
Current vs Prior 7-Day Avg +58.18%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 572,979
Calls: 494,001 (86%)
Puts: 78,978 (14%)
Prior (07/15) 540,221
Calls: 438,830 (81%)
Puts: 101,391 (19%)
Current vs Prior +6.06%
Prior 7-Day Total 3,793,028
Calls: 3,199,192 (84%)
Puts: 593,836 (16%)
Prior 7-Day Average 541,861
Calls: 457,027 (84%)
Puts: 84,833 (16%)
Current vs Prior 7-Day Avg +5.74%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 6.24% | 15.68%6.24% | 34.40%
Prior 9.28% | 16.48%9.28% | 35.20%
Current vs Prior -32.76% | -4.84%-32.76% | -2.27%
Prior 7-Day Avg 11.37% | 19.60%15.55% | 39.20%
Current vs 7-Day Avg -45.15% | -19.97%-59.88% | -12.24%
Prior 7-Day Eod 9.28% | 16.48%9.28% | 35.20%
Current vs 7-Day Eod -32.76% | -4.84%-32.76% | -2.27%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 105.00% | 21.59%
Calls: 60.00% | 18.18%
Puts: 150.00% | 25.00%
Prior 105.00% | 21.59%
Calls: 60.00% | 18.18%
Puts: 150.00% | 25.00%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 79.16% | 21.88%
Calls: 39.27% | 22.56%
Puts: 119.05% | 21.20%
Current vs 7-Day Avg +32.65% | -1.33%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($2.55M) vs puts ($605.0K). Elevated premium activity with dollar volume up 54% vs prior. Extreme bullish P/C ratio of 0.42 - heavy call buying (22,810 calls vs 9,630 puts). P/C ratio rising 61% - 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 1 of results (avg 4.9%, best 4.9%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 211.001.05$1.024.9%8250.424.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.85, cheapest $0.70)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.650.75$0.7014.3%1930.49140
$7.00Aug 280.700.85$0.7719.5%40.46357
$5.50Jul 310.750.90$0.8318.1%30.654
$6.00Aug 140.851.00$0.9316.1%20.571
$6.50Aug 280.851.00$0.9316.1%200.52125
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 70.750.85$0.8012.5%30.46477
$6.50Jul 240.750.90$0.8318.1%300.63611
$6.50Jul 310.901.05$0.9815.3%70.58--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 20 found (avg delta 0.64, highest 0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$5.50Jul 170.350.60$0.4852.1%250.792
$5.00Aug 211.301.55$1.4317.5%810.743.2K
$5.50Jul 240.600.75$0.6822.1%290.69--
$5.50Jul 310.750.90$0.8318.1%30.654
$5.50Aug 281.151.40$1.2719.7%90.64623
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 170.951.35$1.1534.8%2540.9211.4K
$6.50Jul 170.550.80$0.6836.8%370.82729
$7.00Jul 241.151.45$1.3023.1%120.75565
$7.00Jul 311.301.45$1.3810.9%120.67243
$6.50Jul 240.750.90$0.8318.1%300.63611

Most actively traded options today. High liquidity = easy entry/exit. 47 active (total vol 13.6K, top 2.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 210.951.10$1.0214.7%2.3K0.5916.2K
$6.50Jul 170.000.10$0.05200.0%8470.17873
$7.00Aug 140.500.70$0.6033.3%4430.421.4K
$6.00Jul 170.100.20$0.1566.7%2180.456.8K
$6.50Aug 140.650.75$0.7014.3%1930.49140
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jul 170.100.35$0.22113.6%2.7K0.5524.6K
$6.00Jul 310.600.75$0.6822.1%2.0K0.47563
$6.00Aug 211.001.05$1.024.9%8250.424.3K
$6.00Aug 140.851.05$0.9521.1%7510.43473
$6.00Jul 240.450.55$0.5020.0%6370.493.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 42.7%, max 77.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 28231.7%143.3%61.6%1133.8K
$5.50Jul 17Aug 28198.5%127.6%55.5%34625
$6.50Jul 17Aug 28187.5%143.2%30.9%867998
$6.00Jul 17Aug 21155.3%136.3%13.9%2.5K23.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$5.00Jul 17Aug 21244.1%137.4%77.7%5268.4K
$7.00Jul 17Aug 14231.7%144.2%60.7%30911.5K
$5.50Jul 17Aug 14198.5%142.5%39.3%4441.1K
$6.50Jul 17Aug 28187.5%143.2%30.9%38729
$6.00Jul 17Aug 21155.3%136.3%13.9%3.5K28.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 21 found (best R:R 4.00, avg 1.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$6.50$7.00Jul 24$0.10$0.40$0.104.00$6.60
$6.50$7.00Aug 7$0.12$0.38$0.123.17$6.62
$6.00$6.50Jul 31$0.14$0.36$0.142.57$6.14
$6.00$6.50Jul 24$0.15$0.35$0.152.33$6.15
$6.50$7.00Aug 28$0.16$0.34$0.162.12$6.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$6.00$5.50Jul 17$0.14$0.36$0.142.57$5.86
$5.50$5.00Jul 24$0.15$0.35$0.152.33$5.35
$5.50$5.00Jul 31$0.20$0.30$0.201.50$5.30
$6.00$5.00Aug 21$0.49$0.51$0.491.04$5.51
$6.00$5.50Jul 24$0.25$0.25$0.251.00$5.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 25 found (best R:R 4.00, avg 1.16)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$5.50$6.00Jul 17$0.33$0.33$0.171.94$5.83
$5.50$6.00Jul 31$0.26$0.26$0.241.08$5.76
$5.50$6.00Jul 24$0.25$0.25$0.251.00$5.75
$6.00$6.50Aug 14$0.23$0.23$0.270.85$6.23
$5.00$6.00Aug 21$0.41$0.41$0.590.69$5.41
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$6.50Jul 31$0.40$0.40$0.104.00$6.60
$6.50$6.00Aug 14$0.35$0.35$0.152.33$6.15
$7.00$6.50Aug 14$0.35$0.35$0.152.33$6.65
$7.00$6.00Aug 7$0.68$0.68$0.322.12$6.32
$6.50$6.00Jul 24$0.33$0.33$0.171.94$6.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.19, cheapest $0.07)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 17Jul 24$0.15231.7%147.1%
$5.50Jul 17Jul 24$0.20198.5%127.7%
$6.50Jul 17Jul 24$0.23187.5%141.1%
$6.00Jul 17Jul 24$0.28155.3%132.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$5.00Jul 17Jul 24$0.07244.1%126.4%
$6.50Jul 17Jul 24$0.15187.5%141.1%
$7.00Jul 17Jul 24$0.15231.7%147.1%
$5.50Jul 17Jul 24$0.17198.5%127.7%
$6.00Jul 17Jul 24$0.28155.3%132.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 6.24% of stock, avg 24.27%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$6.00Jul 17$0.15$0.22$0.37$5.63$6.376.24%
$5.50Jul 17$0.48$0.08$0.56$4.94$6.069.44%
$6.50Jul 17$0.05$0.68$0.73$5.77$7.2312.31%
$5.50Jul 24$0.68$0.25$0.93$4.57$6.4315.68%
$6.00Jul 24$0.43$0.50$0.93$5.07$6.9315.68%
$6.50Jul 24$0.28$0.83$1.11$5.39$7.6118.72%
$7.00Jul 17$0.03$1.15$1.18$5.82$8.1819.90%
$5.50Jul 31$0.83$0.40$1.23$4.27$6.7320.74%
$6.00Jul 31$0.57$0.68$1.25$4.75$7.2521.08%
$6.50Jul 31$0.43$0.98$1.41$5.09$7.9123.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 27 found (cheapest 1.01% of stock, avg 13.49%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$7.00$5.00Jul 17$0.03$0.03$0.06$4.94$7.06
$6.50$5.00Jul 17$0.05$0.03$0.08$4.92$6.58
$7.00$5.50Jul 17$0.03$0.08$0.11$5.39$7.11
$6.50$5.50Jul 17$0.05$0.08$0.13$5.37$6.63
$6.00$5.00Jul 17$0.15$0.03$0.18$4.82$6.18
$6.00$5.50Jul 17$0.15$0.08$0.23$5.27$6.23
$7.00$5.00Jul 24$0.18$0.10$0.28$4.72$7.28
$6.50$5.00Jul 24$0.28$0.10$0.38$4.62$6.88
$7.00$5.50Jul 24$0.18$0.25$0.43$5.07$7.43
$6.50$5.50Jul 24$0.28$0.25$0.53$4.97$7.03

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.33, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/66/7Jul 24$0.35$0.152.33$5.65$6.85
5/66/6Jul 31$0.34$0.162.12$5.16$6.34
5/66/6Jul 24$0.30$0.201.50$5.20$6.30
5/66/7Jul 24$0.25$0.251.00$5.25$6.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$6.00$6.50$7.00Jul 17$0.08$0.425.25
$5.50$6.00$6.50Jul 24$0.10$0.404.00
$5.50$6.00$6.50Jul 31$0.12$0.383.17
$6.00$6.50$7.00Aug 14$0.13$0.372.85
$5.50$6.00$6.50Jul 17$0.23$0.271.17
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$5.50$6.00$6.50Jul 24$0.08$0.425.25
$5.00$5.50$6.00Jul 31$0.08$0.425.25
$5.00$5.50$6.00Jul 17$0.09$0.414.56
$5.00$5.50$6.00Jul 24$0.10$0.404.00
$6.00$6.50$7.00Jul 31$0.10$0.404.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-0.12, 18 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$7.001:2Jul 24-$0.08$0.42
$5.50$6.501:2Aug 28-$0.59$0.41
$5.00$6.001:2Aug 21-$0.61$0.39
$6.00$6.501:2Jul 24-$0.13$0.37
$5.50$6.001:2Jul 24-$0.18$0.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$6.001:2Aug 7-$0.12$0.88
$6.00$5.501:2Jul 31-$0.12$0.38
$5.50$5.001:2Aug 14-$0.16$0.34
$6.50$6.001:2Jul 24-$0.17$0.33
$7.00$6.501:2Jul 17-$0.21$0.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 16.02%, avg 8.09%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$6.00Aug 21$0.950.591.2%16.02%17.20%2.3K16.2K
$6.00Aug 14$0.850.571.2%14.33%15.51%21
$6.50Aug 28$0.850.529.6%14.33%23.95%20125
$7.00Aug 28$0.700.4618.0%11.80%29.85%4357
$6.50Aug 14$0.650.499.6%10.96%20.57%193140
$6.00Jul 31$0.500.521.2%8.43%9.61%104429
$7.00Aug 14$0.500.4218.0%8.43%26.48%4431.4K
$6.50Aug 7$0.450.459.6%7.59%17.20%2--
$6.00Jul 24$0.350.511.2%5.90%7.08%9756
$6.50Jul 31$0.350.419.6%5.90%15.51%41--

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 22,810
Total Puts 9,630
Put/Call Ratio 0.42
Net Difference 13,180

Prior's Put/Call Breakdown

Total Calls 23,708
Total Puts 6,235
Put/Call Ratio 0.26
Net Difference 17,473

Prior 7-Day Put/Call Summary

Total Calls 284,453
Total Puts 57,165
Average Put/Call Ratio 0.27
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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