Tour v526
IWM
iShares Russell 2000 ETF
$296.18 -1.21%
8/28 15:16

Option Volume

Detail
Current (08/28) 1,566,754
Calls: 457,315 (29%)
Puts: 1,109,439 (71%)
Prior (08/27) 1,091,414
Calls: 485,087 (44%)
Puts: 606,327 (56%)
Current vs Prior +43.55%
Calls: -5.73% (Calls)
Puts: +82.98% (Puts)
Prior 7-Day Total 6,363,750
Calls: 2,418,770 (38%)
Puts: 3,944,980 (62%)
Prior 7-Day Average 1,060,625
Calls: 345,538 (38%)
Puts: 563,568 (62%)
Current vs Prior 7-Day Avg +47.72%
Calls: +32.35%
Puts: +96.86%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28) $190.98M
Calls: $30.59M (16%)
Puts: $160.40M (84%)
Prior (08/27) $73.01M
Calls: $35.44M (49%)
Puts: $37.56M (51%)
Current vs Prior +161.59%
Calls: -13.71%
Puts: +327.00%
Prior 7-Day Total $631.90M
Calls: $199.00M (31%)
Puts: $432.90M (69%)
Prior 7-Day Average $105.32M
Calls: $28.43M (31%)
Puts: $61.84M (69%)
Current vs Prior 7-Day Avg +81.34%
Calls: +7.59%
Puts: +159.36%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28) 2.43
Prior (08/27) 1.25
Current vs Prior +94.09%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg +52.56%
Sentiment BEARISH

Open Interest

Detail
Current (08/28) 3,582,466
Calls: 1,022,027 (29%)
Puts: 2,560,439 (71%)
Prior (08/27) 3,484,864
Calls: 1,000,586 (29%)
Puts: 2,484,278 (71%)
Current vs Prior +2.80%
Prior 7-Day Total 23,476,780
Calls: 6,334,444 (27%)
Puts: 17,142,336 (73%)
Prior 7-Day Average 3,912,796
Calls: 1,055,740 (27%)
Puts: 2,857,056 (73%)
Current vs Prior 7-Day Avg -8.44%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 0.39% | 0.90%0.39% | 0.90%0.39% | 1.75%3.21% | 5.09%
Prior 1.09% | 1.32%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs Prior -64.51% | -32.18%-64.51% | -32.18%-64.51% | -12.15%-4.78% | -2.96%
Prior 7-Day Avg 0.81% | 1.15%0.66% | 1.22%1.12% | 2.15%2.53% | 5.02%
Current vs 7-Day Avg -52.25% | -22.06%-41.02% | -26.21%-65.24% | -18.41%+26.87% | +1.39%
Prior 7-Day Eod 1.09% | 1.32%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs 7-Day Eod -64.51% | -32.18%-64.51% | -32.18%-64.51% | -12.15%-4.78% | -2.96%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 5.61% | 1.10%
Calls: 6.45% | 0.84%
Puts: 4.76% | 1.36%
Prior 2.93% | 1.69%
Calls: 3.76% | 2.22%
Puts: 2.11% | 1.15%
Current vs Prior +91.47% | -34.91%
Prior 7-Day Avg 20.96% | 2.82%
Calls: 22.36% | 2.85%
Puts: 19.57% | 2.79%
Current vs 7-Day Avg -73.24% | -60.99%
Liquidity Good
+
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🤖 AI Insights

Strong bearish conviction with 84% of dollar volume in puts ($160.40M) vs calls ($30.59M). Massive premium surge with dollar volume up 162% vs prior. Dollar volume significantly above 7-day average (81% higher). Extreme bearish P/C ratio of 2.43 - heavy put buying.

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 975 of results (avg 3.6%, best 0.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$245.00Aug 2851.0751.25$51.160.4%41.0060
$300.00Sep 182.572.58$2.580.4%7.5K0.3527.0K
$260.00Aug 2836.0736.22$36.140.4%511.0065
$240.00Aug 2855.9956.23$56.110.4%191.0028
$255.00Aug 2841.0741.25$41.160.4%11.007
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2858.7759.01$58.890.4%11.00--
$335.00Aug 2838.7738.93$38.850.4%11.001
$325.00Aug 2828.7828.93$28.860.5%11.001
$296.00Sep 21.561.57$1.570.6%4.9K0.49306
$290.00Sep 182.452.47$2.460.8%83.4K0.3291.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 368 found (avg $0.39, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.300.32$0.316.5%20.4K0.62494
$300.00Aug 310.070.08$0.0812.5%18.3K0.07717
$299.00Aug 310.160.17$0.175.9%7.6K0.131.1K
$302.00Sep 10.060.07$0.0714.3%8390.051.1K
$298.00Aug 310.350.36$0.362.8%5.9K0.23362
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.130.14$0.147.1%54.0K0.394.4K
$297.00Aug 280.820.86$0.844.8%51.6K0.918.3K
$291.00Aug 310.090.10$0.1010.0%1.2K0.06511
$292.00Aug 310.150.16$0.166.3%1.9K0.101.1K
$290.00Aug 310.060.07$0.0714.3%7090.044.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 495 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2855.9956.23$56.110.4%191.0028
$245.00Aug 2851.0751.25$51.160.4%41.0060
$255.00Aug 2841.0741.25$41.160.4%11.007
$260.00Aug 2836.0736.22$36.140.4%511.0065
$261.00Aug 2835.0635.23$35.140.5%491.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$335.00Aug 2838.7738.93$38.850.4%11.001
$355.00Aug 2858.7759.01$58.890.4%11.00--
$325.00Aug 2828.7828.93$28.860.5%11.001
$321.00Aug 3124.7825.01$24.900.9%11.00--
$322.00Aug 3125.7826.01$25.900.9%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,155 active (total vol 1.6M, top 117.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$299.00Aug 280.000.01$0.01100.0%49.5K0.012.7K
$300.00Aug 280.000.01$0.01100.0%46.8K0.014.5K
$297.00Aug 280.020.03$0.0333.3%33.3K0.09382
$298.00Aug 280.000.01$0.01100.0%32.3K0.021.1K
$301.00Aug 280.000.01$0.01100.0%29.2K0.013.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Sep 111.311.35$1.333.0%117.8K0.243.5K
$280.00Sep 110.350.38$0.378.1%110.8K0.0715.0K
$290.00Sep 182.452.47$2.460.8%83.4K0.3291.2K
$295.00Sep 41.761.80$1.782.2%74.6K0.4271.5K
$295.00Sep 112.662.72$2.692.2%56.7K0.4459.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 6.5%, max 6.5%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 916.0%15.0%6.5%20.4K494
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 916.0%15.0%6.5%54.0K4.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 368 found (best R:R 6.69, avg 3.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$279.00$280.00Sep 25$0.13$0.87$0.1388%6.69$279.13
$275.00$276.00Sep 25$0.64$0.36$0.6492%0.56$275.64
$281.00$282.00Sep 25$0.57$0.43$0.5785%0.75$281.57
$301.00$302.00Sep 3$0.11$0.89$0.1114%8.09$301.11
$303.00$304.00Sep 8$0.11$0.89$0.1113%8.09$303.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$300.00$295.00Sep 30$2.44$2.56$2.4462%1.05$297.56
$305.00$300.00Sep 30$3.23$1.77$3.2375%0.55$301.77
$295.00$290.00Sep 30$1.68$3.32$1.6848%1.98$293.32
$290.00$285.00Sep 30$1.15$3.85$1.1535%3.35$288.85
$285.00$280.00Sep 30$0.75$4.25$0.7524%5.67$284.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 267 found (best R:R 0.57, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$300.00$305.00Sep 30$1.81$1.81$3.1962%0.57$301.81
$305.00$310.00Sep 30$1.05$1.05$3.9575%0.27$306.05
$310.00$315.00Sep 30$0.51$0.51$4.4986%0.11$310.51
$299.00$300.00Oct 9$0.49$0.49$0.5157%0.96$299.49
$297.00$298.00Sep 9$0.50$0.50$0.5055%1.00$297.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$296.00$295.00Aug 28$0.12$0.12$0.8861%0.14$295.88
$293.00$292.00Sep 1$0.15$0.15$0.8579%0.18$292.85
$294.00$293.00Aug 31$0.15$0.15$0.8577%0.18$293.85
$290.00$289.00Sep 4$0.13$0.13$0.8783%0.15$289.87
$293.00$292.50Sep 4$0.12$0.12$0.3870%0.32$292.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.85, cheapest $0.83)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$296.00Aug 28Aug 31$0.8816.0%9.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$296.00Aug 28Aug 31$0.8316.0%9.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 413 found (cheapest 0.15% of stock, avg 3.97%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$296.00Aug 28$0.31$0.14$0.45$295.55$296.450.15%
$297.00Aug 28$0.03$0.84$0.87$296.13$297.870.29%
$295.00Aug 28$1.15$0.02$1.17$293.83$296.170.40%
$297.50Aug 28$0.02$1.34$1.36$296.14$298.860.46%
$298.00Aug 28$0.01$1.83$1.84$296.16$299.840.62%
$294.00Aug 28$2.16$0.01$2.17$291.83$296.170.73%
$296.00Aug 31$1.19$0.97$2.16$293.84$298.160.73%
$297.00Aug 31$0.69$1.47$2.16$294.84$299.160.73%
$295.00Aug 31$1.84$0.63$2.47$292.53$297.470.83%
$298.00Aug 31$0.36$2.16$2.52$295.48$300.520.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 342 found (cheapest 0.02% of stock, avg 1.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.00$295.00Aug 28$0.03$0.02$0.05$294.95$297.05
$300.00$292.00Aug 31$0.08$0.16$0.24$291.76$300.24
$297.00$296.00Aug 28$0.03$0.14$0.17$295.83$297.17
$299.00$292.00Aug 31$0.17$0.16$0.33$291.67$299.33
$300.00$293.00Aug 31$0.08$0.25$0.33$292.67$300.33
$299.00$293.00Aug 31$0.17$0.25$0.42$292.58$299.42
$301.00$292.00Sep 1$0.12$0.32$0.44$291.56$301.44
$300.00$292.00Sep 1$0.21$0.32$0.53$291.47$300.53
$300.00$294.00Aug 31$0.08$0.40$0.48$293.52$300.48
$298.00$292.00Aug 31$0.36$0.16$0.52$291.48$298.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 365 found (best R:R 1.00, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
281/282300/301Sep 18$0.50$0.5050%1.00$281.50$300.50
283/284300/301Sep 18$0.53$0.4747%1.13$283.47$300.53
281/282301/302Sep 18$0.46$0.5453%0.85$281.54$301.46
281/282304/305Sep 18$0.36$0.6463%0.56$281.64$304.36
283/284301/302Sep 18$0.49$0.5150%0.96$283.51$301.49
283/284304/305Sep 18$0.39$0.6160%0.64$283.61$304.39
280/281301/302Sep 25$0.50$0.5049%1.00$280.50$301.50
288/288302/302Sep 25$0.29$0.2140%1.38$287.71$302.29
277/278304/305Oct 2$0.43$0.5756%0.75$277.57$304.43
277/278305/306Oct 9$0.45$0.5554%0.82$277.55$305.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 195 found (best R:R 7.93, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$285.00$290.00$295.00Sep 30$0.56$4.4425%7.93
$295.00$296.00$297.00Aug 28$0.56$0.4486%0.79
$290.00$295.00$300.00Sep 30$0.73$4.2728%5.85
$294.00$295.00$296.00Aug 28$0.17$0.8338%4.88
$294.00$295.00$296.00Aug 31$0.11$0.8925%8.09
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$285.00$290.00$295.00Sep 30$0.53$4.4724%8.43
$295.00$296.00$297.00Aug 28$0.58$0.4286%0.72
$294.00$295.00$296.00Aug 28$0.11$0.8937%8.09
$280.00$285.00$290.00Sep 30$0.40$4.6018%11.50
$275.00$280.00$285.00Sep 30$0.26$4.7412%18.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 512 found (best net $-4.67, 499 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$275.001:2Aug 31-$6.17$8.83
$290.00$295.001:2Sep 10-$0.16$4.84
$285.00$290.001:2Sep 3-$1.95$3.05
$300.00$305.001:2Sep 30-$0.13$4.87
$295.00$300.001:2Sep 30-$1.15$3.85
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$315.001:2Sep 25-$4.67$10.33
$314.00$302.001:2Oct 9-$0.49$11.51
$321.00$311.001:2Aug 31-$4.74$5.26
$355.00$335.001:2Aug 28-$18.81$1.19
$325.00$315.001:2Aug 28-$8.82$1.18

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 174 found (best yield 2.12%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$297.00Oct 9$6.280.470.3%2.12%2.40%14--
$297.50Oct 9$6.010.460.5%2.03%2.47%84--
$298.00Oct 9$5.750.450.6%1.94%2.56%44--
$299.00Oct 9$5.240.430.9%1.77%2.72%375
$300.00Oct 9$4.770.401.3%1.61%2.90%1051
$301.00Oct 9$4.320.381.6%1.46%3.09%217
$302.00Oct 9$3.900.362.0%1.32%3.28%137
$297.00Oct 2$5.530.470.3%1.87%2.14%11014
$297.50Oct 2$5.260.460.5%1.78%2.22%6334
$298.00Oct 2$5.010.440.6%1.69%2.31%15219

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 457,315
Total Puts 1,109,439
Put/Call Ratio 2.43
Net Difference -652,124

Prior's Put/Call Breakdown

Total Calls 485,087
Total Puts 606,327
Put/Call Ratio 1.25
Net Difference -121,240

Prior 7-Day Put/Call Summary

Total Calls 2,418,770
Total Puts 3,944,980
Average Put/Call Ratio 1.59
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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