NEW Tour v253
IWM
iShares Russell 2000 ETF
$296.16 -1.06%
7/2 14:48

Option Volume

Detail
Current (07/02) 1,468,556
Calls: 620,244 (42%)
Puts: 848,312 (58%)
Prior (07/01) 1,762,767
Calls: 689,975 (39%)
Puts: 1,072,792 (61%)
Current vs Prior -16.69%
Calls: -10.11% (Calls)
Puts: -20.92% (Puts)
Prior 7-Day Total 14,077,893
Calls: 5,269,584 (37%)
Puts: 8,808,309 (63%)
Prior 7-Day Average 2,011,127
Calls: 752,797 (37%)
Puts: 1,258,329 (63%)
Current vs Prior 7-Day Avg -26.98%
Calls: -17.61%
Puts: -32.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/02) $183.78M
Calls: $27.36M (15%)
Puts: $156.43M (85%)
Prior (07/01) $190.94M
Calls: $29.47M (15%)
Puts: $161.48M (85%)
Current vs Prior -3.75%
Calls: -7.17%
Puts: -3.12%
Prior 7-Day Total $1.40B
Calls: $533.80M (38%)
Puts: $867.11M (62%)
Prior 7-Day Average $200.13M
Calls: $76.26M (38%)
Puts: $123.87M (62%)
Current vs Prior 7-Day Avg -8.17%
Calls: -64.13%
Puts: +26.28%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/02) 1.37
Prior (07/01) 1.55
Current vs Prior -12.03%
Prior 7-Day Average 1.68
Current vs Prior 7-Day Avg -18.59%
Sentiment BEARISH

Open Interest

Detail
Current (07/02) 2,667,884
Calls: 572,403 (21%)
Puts: 2,095,481 (79%)
Prior (07/01) 2,624,305
Calls: 588,436 (22%)
Puts: 2,035,869 (78%)
Current vs Prior +1.66%
Prior 7-Day Total 20,716,153
Calls: 4,708,661 (23%)
Puts: 16,007,492 (77%)
Prior 7-Day Average 2,959,450
Calls: 672,665 (23%)
Puts: 2,286,784 (77%)
Current vs Prior 7-Day Avg -9.85%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/02) | Next (07/06)Expiry (07/06) | Next (07/08)Expiry (07/10) | Next (07/17)Expiry (07/15) | Next (--)
Current 0.52% | 1.26%1.26% | 1.84%2.30% | 3.35%3.01% | --
Prior 1.15% | 1.53%-- | ---- | ---- | --
Current vs Prior -54.46% | -17.91%-- | ---- | ---- | --
Prior 7-Day Avg 1.22% | 1.67%-- | ---- | ---- | --
Current vs 7-Day Avg -57.13% | -24.82%-- | ---- | ---- | --
Prior 7-Day Eod 1.15% | 1.53%-- | ---- | ---- | --
Current vs 7-Day Eod -54.46% | -17.91%-- | ---- | ---- | --
Sentiment BULLISH------

Relative Spread

Detail
Expiry | Next
Current 4.32% | 1.08%
Calls: 3.64% | 1.16%
Puts: 5.00% | 1.00%
Prior 1.74% | 4.33%
Calls: 1.96% | 3.74%
Puts: 1.52% | 4.92%
Current vs Prior +148.28% | -75.06%
Prior 7-Day Avg 7.10% | 4.52%
Calls: 5.76% | 4.10%
Puts: 8.44% | 4.94%
Current vs 7-Day Avg -39.17% | -76.09%
Liquidity Good
+
Add Card

🤖 AI Insights

Strong bearish conviction with 85% of dollar volume in puts ($156.43M) vs calls ($27.36M). Bearish P/C ratio of 1.37 indicates protective positioning. Put-heavy open interest (2,095,481 puts vs 572,403 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 1,160 of results (avg 1.9%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$239.00Jul 1757.5457.65$57.600.2%--1.0020
$240.00Jul 1056.3156.42$56.370.2%--1.00264
$241.00Jul 1755.5555.66$55.610.2%--1.0033
$237.00Jul 1759.5359.65$59.590.2%--1.0030
$238.00Jul 1758.5358.65$58.590.2%--1.0080
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Jul 1753.7753.88$53.830.2%--1.0010
$325.00Jul 228.7728.88$28.830.4%11.00--
$325.00Jul 1028.7728.88$28.830.4%31.00--
$324.00Jul 227.7727.88$27.830.4%11.00--
$323.00Jul 226.7726.88$26.830.4%11.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 339 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$305.00Jul 70.050.06$0.0616.7%2540.03500
$309.00Jul 90.050.06$0.0616.7%500.0258
$311.00Jul 100.050.06$0.0616.7%790.029.0K
$313.00Jul 130.050.06$0.0616.7%310.0220
$315.00Jul 140.050.06$0.0616.7%20.022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Jul 60.050.06$0.0616.7%4680.033.3K
$279.00Jul 70.050.06$0.0616.7%--0.02138
$272.00Jul 80.050.06$0.0616.7%--0.0172
$272.50Jul 80.050.06$0.0616.7%--0.0120
$273.00Jul 80.050.06$0.0616.7%--0.0119

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 579 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Jul 626.1726.27$26.220.4%11.001
$271.00Jul 625.1725.27$25.220.4%11.00159
$272.00Jul 624.1724.27$24.220.4%11.00--
$274.00Jul 622.1722.27$22.220.5%11.001
$278.00Jul 618.1818.28$18.230.5%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$299.00Jul 22.792.88$2.843.2%48.5K1.005.7K
$300.00Jul 23.783.88$3.832.6%44.7K1.002.3K
$301.00Jul 24.784.88$4.832.1%28.9K1.002.6K
$302.00Jul 25.775.87$5.821.7%7.0K1.001.3K
$303.00Jul 26.776.88$6.821.6%1.1K1.00306

Most actively traded options today. High liquidity = easy entry/exit. 1,288 active (total vol 1.5M, top 101.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.00Jul 20.000.01$0.01100.0%79.4K0.014.1K
$301.00Jul 20.000.01$0.01100.0%63.3K0.013.2K
$299.00Jul 20.010.02$0.0250.0%58.5K0.035.3K
$300.00Jul 20.000.01$0.01100.0%55.3K0.0111.8K
$298.00Jul 20.040.05$0.0520.0%53.5K0.071.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$287.00Jul 171.841.87$1.861.6%101.0K0.2437.4K
$295.00Jul 20.110.12$0.128.3%61.2K0.1813.1K
$297.00Jul 20.971.02$1.005.0%58.2K0.782.6K
$296.00Jul 20.380.39$0.392.6%57.5K0.468.0K
$298.00Jul 21.821.91$1.874.8%55.0K0.942.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 154 strikes (avg 612.9%, max 1440.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$245.00Jul 2Aug 7480.3%32.5%1379.2%1151
$250.00Jul 2Aug 7432.8%30.8%1304.0%5574
$325.00Jul 2Aug 7247.9%18.2%1260.7%3.4K309
$255.00Jul 2Aug 7385.9%29.3%1216.0%3212
$260.00Jul 2Aug 7339.5%27.9%1116.1%7854
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$240.00Jul 2Aug 7528.5%34.3%1440.4%4181
$245.00Jul 2Aug 7480.3%32.5%1379.2%25570
$250.00Jul 2Aug 7432.8%30.8%1304.0%481.1K
$325.00Jul 2Jul 31247.9%17.8%1295.2%31
$255.00Jul 2Aug 7385.9%29.3%1216.0%211.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 496 found (best R:R 82.33, avg 3.68)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$320.00$325.00Jul 24$0.10$4.90$0.1049.00$320.10
$330.00$335.00Aug 7$0.10$4.90$0.1049.00$330.10
$325.00$330.00Jul 31$0.11$4.89$0.1144.45$325.11
$325.00$330.00Aug 7$0.19$4.81$0.1925.32$325.19
$317.50$320.00Jul 24$0.10$2.40$0.1024.00$317.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$260.00Jul 16$0.12$9.88$0.1282.33$269.88
$255.00$250.00Aug 7$0.12$4.88$0.1240.67$254.88
$260.00$255.00Jul 31$0.13$4.87$0.1337.46$259.87
$275.00$271.00Jul 15$0.12$3.88$0.1232.33$274.88
$260.00$255.00Aug 7$0.19$4.81$0.1925.32$259.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 696 found (best R:R 99.00, avg 2.58)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$271.00Jul 15$20.79$20.79$0.2199.00$270.79
$270.00$279.00Jul 9$8.89$8.89$0.1180.82$278.89
$245.00$260.00Jul 24$14.81$14.81$0.1977.95$259.81
$245.00$250.00Aug 7$4.88$4.88$0.1240.67$249.88
$245.00$262.00Jul 31$16.59$16.59$0.4140.46$261.59
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$320.00$317.50Jul 31$2.39$2.39$0.1121.73$317.61
$312.50$307.00Jul 15$5.13$5.13$0.3713.86$307.37
$317.50$315.00Jul 31$2.31$2.31$0.1912.16$315.19
$311.00$307.00Jul 16$3.63$3.63$0.379.81$307.37
$320.00$315.00Aug 7$4.53$4.53$0.479.64$315.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $0.58, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$278.00Jul 2Jul 6$0.05175.5%25.4%
$280.00Jul 2Jul 6$0.05157.3%22.9%
$281.00Jul 2Jul 6$0.06148.2%21.6%
$303.00Jul 2Jul 6$0.0670.7%12.3%
$284.00Jul 2Jul 6$0.07120.8%19.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$286.00Jul 2Jul 6$0.07102.4%18.0%
$302.00Jul 2Jul 6$0.0861.7%12.4%
$312.00Jul 2Jul 17$0.08147.2%17.1%
$287.00Jul 2Jul 6$0.0993.2%17.2%
$288.00Jul 2Jul 6$0.1283.8%16.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 569 found (cheapest 0.32% of stock, avg 5.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$296.00Jul 2$0.55$0.39$0.94$295.06$296.940.32%
$297.00Jul 2$0.17$1.00$1.17$295.83$298.170.40%
$295.00Jul 2$1.29$0.12$1.41$293.59$296.410.48%
$298.00Jul 2$0.05$1.87$1.92$296.08$299.920.65%
$294.00Jul 2$2.22$0.05$2.27$291.73$296.270.77%
$299.00Jul 2$0.02$2.84$2.86$296.14$301.860.97%
$293.00Jul 2$3.19$0.02$3.21$289.79$296.211.08%
$297.00Jul 6$1.20$2.00$3.20$293.80$300.201.08%
$296.00Jul 6$1.72$1.52$3.24$292.76$299.241.09%
$298.00Jul 6$0.80$2.60$3.40$294.60$301.401.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.03% of stock, avg 2.24%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$298.00$294.00Jul 2$0.05$0.05$0.10$293.90$298.10
$298.00$295.00Jul 2$0.05$0.12$0.17$294.83$298.17
$297.00$294.00Jul 2$0.17$0.05$0.22$293.78$297.22
$297.00$295.00Jul 2$0.17$0.12$0.29$294.71$297.29
$298.00$296.00Jul 2$0.05$0.39$0.44$295.56$298.44
$297.00$296.00Jul 2$0.17$0.39$0.56$295.44$297.56
$301.00$292.00Jul 6$0.18$0.46$0.64$291.36$301.64
$300.00$292.00Jul 6$0.30$0.46$0.76$291.24$300.76
$301.00$293.00Jul 6$0.18$0.63$0.81$292.19$301.81
$300.00$293.00Jul 6$0.30$0.63$0.93$292.07$300.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 350 found (best R:R 22.33, avg credit $1.04)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/255260/267Aug 7$6.70$0.3022.33$248.30$266.70
263/265270/274Aug 7$3.70$0.3012.33$261.30$273.70
263/265275/278Aug 7$2.71$0.299.34$262.29$277.71
273/274275/278Aug 7$2.71$0.299.34$271.29$277.71
292/293295/296Jul 14$0.90$0.109.00$292.10$295.90
292/293295/296Jul 16$0.90$0.109.00$292.10$295.90
271/272275/278Aug 7$2.70$0.309.00$269.30$277.70
290/291295/296Aug 14$0.90$0.109.00$290.10$295.90
285/286290/291Jul 13$0.89$0.118.09$285.11$290.89
292/293295/296Jul 13$0.89$0.118.09$292.11$295.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 121 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$320.00$325.00$330.00Jul 24$0.07$4.9370.43
$325.00$330.00$335.00Jul 31$0.07$4.9370.43
$250.00$255.00$260.00Aug 7$0.07$4.9370.43
$315.00$320.00$325.00Jul 17$0.08$4.9261.50
$325.00$330.00$335.00Aug 7$0.09$4.9154.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 7$0.07$4.9370.43
$315.00$317.50$320.00Jul 31$0.08$2.4230.25
$260.00$270.00$280.00Jul 16$0.36$9.6426.78
$292.00$293.00$294.00Jul 6$0.05$0.9519.00
$300.00$301.00$302.00Jul 6$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 442 found (best net $-4.93, 424 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$250.00$271.001:2Jul 15-$4.93$16.07
$321.00$335.001:2Jul 9-$0.01$13.99
$250.00$270.001:2Jul 8-$6.34$13.66
$320.00$330.001:2Jul 8-$0.01$9.99
$273.00$284.001:2Jul 7-$1.45$9.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$245.001:2Jul 7$0.00$15.00
$255.00$240.001:2Jul 8$0.00$15.00
$265.00$250.001:2Jul 14$0.00$15.00
$264.00$250.001:2Jul 9-$0.01$13.99
$250.00$240.001:2Jul 14-$0.03$9.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 206 found (best yield 2.86%, avg 0.74%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$297.00Aug 14$8.480.490.3%2.86%3.15%7--
$297.50Aug 14$8.210.490.5%2.77%3.22%5--
$298.00Aug 14$7.940.480.6%2.68%3.30%2--
$297.00Aug 7$7.620.490.3%2.57%2.86%19163
$299.00Aug 14$7.410.461.0%2.50%3.46%3--
$297.50Aug 7$7.350.480.5%2.48%2.93%2214
$298.00Aug 7$7.080.470.6%2.39%3.01%3378
$300.00Aug 14$6.910.441.3%2.33%3.63%53--
$297.00Jul 31$6.720.490.3%2.27%2.55%22124
$299.00Aug 7$6.560.451.0%2.22%3.17%55129

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 620,244
Total Puts 848,312
Put/Call Ratio 1.37
Net Difference -228,068

Prior's Put/Call Breakdown

Total Calls 689,975
Total Puts 1,072,792
Put/Call Ratio 1.55
Net Difference -382,817

Prior 7-Day Put/Call Summary

Total Calls 5,269,584
Total Puts 8,808,309
Average Put/Call Ratio 1.68
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All