Tour v526
IWM
iShares Russell 2000 ETF
$296.33 -1.16%
8/28 15:25

Option Volume

Detail
Current (08/28) 1,591,237
Calls: 467,037 (29%)
Puts: 1,124,200 (71%)
Prior (08/27) 1,091,414
Calls: 485,087 (44%)
Puts: 606,327 (56%)
Current vs Prior +45.80%
Calls: -3.72% (Calls)
Puts: +85.41% (Puts)
Prior 7-Day Total 7,930,504
Calls: 2,876,085 (36%)
Puts: 5,054,419 (64%)
Prior 7-Day Average 1,132,929
Calls: 410,869 (36%)
Puts: 722,059 (64%)
Current vs Prior 7-Day Avg +40.45%
Calls: +13.67%
Puts: +55.69%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28) $188.87M
Calls: $33.18M (18%)
Puts: $155.69M (82%)
Prior (08/27) $73.01M
Calls: $35.44M (49%)
Puts: $37.56M (51%)
Current vs Prior +158.70%
Calls: -6.38%
Puts: +314.45%
Prior 7-Day Total $822.88M
Calls: $229.59M (28%)
Puts: $593.30M (72%)
Prior 7-Day Average $117.55M
Calls: $32.80M (28%)
Puts: $84.76M (72%)
Current vs Prior 7-Day Avg +60.66%
Calls: +1.17%
Puts: +83.69%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28) 2.41
Prior (08/27) 1.25
Current vs Prior +92.58%
Prior 7-Day Average 1.71
Current vs Prior 7-Day Avg +40.80%
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 27,059,246
Calls: 7,356,471 (27%)
Puts: 19,702,775 (73%)
Prior 7-Day Average 3,865,606
Calls: 1,050,924 (27%)
Puts: 2,814,682 (73%)
Current vs Prior 7-Day Avg -7.32%
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 0.38% | 0.88%0.38% | 0.88%0.38% | 1.75%3.22% | 5.10%
Prior 1.09% | 1.32%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs Prior -65.45% | -33.23%-65.45% | -33.24%-65.45% | -12.02%-4.53% | -2.82%
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 -53.52% | -23.27%-42.59% | -27.36%-66.16% | -18.30%+27.21% | +1.54%
Prior 7-Day Eod 0.39% | 0.90%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs 7-Day Eod -2.66% | -1.55%-65.45% | -33.24%-65.45% | -12.02%-4.53% | -2.82%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 5.22% | 0.77%
Calls: 4.65% | 0.80%
Puts: 5.80% | 0.73%
Prior 2.93% | 1.69%
Calls: 3.76% | 2.22%
Puts: 2.11% | 1.15%
Current vs Prior +78.16% | -54.44%
Prior 7-Day Avg 18.77% | 2.57%
Calls: 22.36% | 2.85%
Puts: 19.57% | 2.79%
Current vs 7-Day Avg -72.19% | -70.09%
Liquidity Excellent
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🤖 AI Insights

Strong bearish conviction with 82% of dollar volume in puts ($155.69M) vs calls ($33.18M). Massive premium surge with dollar volume up 159% vs prior. Dollar volume significantly above 7-day average (61% higher). Extreme bearish P/C ratio of 2.41 - 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 985 of results (avg 3.6%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2856.2356.37$56.300.2%191.0028
$245.00Aug 2851.2351.37$51.300.3%41.0060
$260.00Aug 2836.2336.37$36.300.4%511.0065
$261.00Aug 2835.2335.37$35.300.4%491.001
$262.00Aug 2834.2334.37$34.300.4%631.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2858.6058.77$58.690.3%11.00--
$335.00Aug 2838.6338.77$38.700.4%11.001
$325.00Aug 2828.6328.77$28.700.5%11.001
$297.00Aug 311.361.37$1.370.7%7.9K0.6124.8K
$296.00Sep 82.372.39$2.380.8%4940.4869

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 375 found (avg $0.38, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.420.44$0.434.7%21.2K0.73494
$300.00Aug 310.080.09$0.0911.1%18.4K0.07717
$299.00Aug 310.180.19$0.195.3%7.7K0.141.1K
$302.00Sep 10.060.07$0.0714.3%8410.051.1K
$301.00Sep 10.110.12$0.128.3%9350.08418
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.080.09$0.0911.1%55.0K0.274.4K
$297.00Aug 280.670.71$0.695.8%52.0K0.888.3K
$291.00Aug 310.080.09$0.0911.1%1.4K0.06511
$292.00Aug 310.130.14$0.147.1%2.1K0.091.1K
$290.00Aug 310.050.06$0.0616.7%1.1K0.044.1K

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
$255.00Aug 3141.1941.47$41.330.7%41.002
$260.00Aug 3136.1836.47$36.330.8%91.00--
$275.00Aug 3121.2021.47$21.341.3%381.00--
$279.00Aug 3117.1817.47$17.331.7%11.00--
$280.00Aug 3116.1816.47$16.331.8%151.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$298.00Aug 281.641.70$1.673.6%45.6K1.005.5K
$299.00Aug 282.632.75$2.694.5%24.1K1.0010.8K
$300.00Aug 283.633.77$3.703.8%8.5K1.0010.9K
$301.00Aug 284.604.77$4.683.6%2.6K1.003.1K
$302.00Aug 285.635.77$5.702.5%5841.001.9K

Most actively traded options today. High liquidity = easy entry/exit. 1,159 active (total vol 1.6M, top 117.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$299.00Aug 280.000.01$0.01100.0%49.6K0.012.7K
$300.00Aug 280.000.01$0.01100.0%46.8K0.014.5K
$297.00Aug 280.030.04$0.0425.0%34.6K0.12382
$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 111.281.32$1.303.1%117.9K0.243.5K
$280.00Sep 110.350.37$0.365.6%110.8K0.0715.0K
$290.00Sep 182.422.47$2.452.0%83.5K0.3191.2K
$295.00Sep 41.701.74$1.722.3%74.7K0.4171.5K
$295.00Sep 112.602.66$2.632.3%56.7K0.4359.3K

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 21.4%, max 21.8%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 918.2%15.1%20.9%21.3K494
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 918.4%15.1%21.8%55.0K4.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 372 found (best R:R 4.88, avg 3.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$281.00$282.00Sep 25$0.17$0.83$0.1785%4.88$281.17
$313.00$314.00Oct 9$0.13$0.87$0.1314%6.69$313.13
$309.00$310.00Sep 25$0.13$0.87$0.1314%6.69$309.13
$301.00$302.00Sep 3$0.12$0.88$0.1215%7.33$301.12
$308.00$309.00Sep 18$0.11$0.89$0.1112%8.09$308.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$300.00$295.00Sep 30$2.41$2.59$2.4161%1.07$297.59
$295.00$290.00Sep 30$1.66$3.34$1.6648%2.01$293.34
$305.00$300.00Sep 30$3.22$1.78$3.2275%0.55$301.78
$290.00$285.00Sep 30$1.12$3.88$1.1234%3.46$288.88
$285.00$280.00Sep 30$0.74$4.26$0.7424%5.76$284.26

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 271 found (best R:R 0.58, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$300.00$305.00Sep 30$1.83$1.83$3.1761%0.58$301.83
$305.00$310.00Sep 30$1.09$1.09$3.9175%0.28$306.09
$310.00$315.00Sep 30$0.53$0.53$4.4786%0.12$310.53
$297.00$298.00Sep 9$0.51$0.51$0.4954%1.04$297.51
$299.00$300.00Oct 9$0.49$0.49$0.5157%0.96$299.49
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$293.00$292.00Sep 1$0.14$0.14$0.8680%0.16$292.86
$292.50$292.00Sep 4$0.11$0.11$0.3974%0.28$292.39
$291.00$290.00Sep 3$0.12$0.12$0.8883%0.14$290.88
$294.00$293.00Aug 31$0.13$0.13$0.8779%0.15$293.87
$292.00$291.00Sep 2$0.12$0.12$0.8882%0.14$291.88

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 414 found (cheapest 0.18% of stock, avg 3.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$296.00Aug 28$0.43$0.09$0.52$295.48$296.520.18%
$297.00Aug 28$0.04$0.69$0.73$296.27$297.730.25%
$297.50Aug 28$0.02$1.17$1.19$296.31$298.690.40%
$295.00Aug 28$1.33$0.02$1.35$293.65$296.350.46%
$298.00Aug 28$0.01$1.67$1.68$296.32$299.680.57%
$297.00Aug 31$0.74$1.37$2.11$294.89$299.110.71%
$296.00Aug 31$1.25$0.89$2.14$293.86$298.140.72%
$294.00Aug 28$2.31$0.01$2.32$291.68$296.320.78%
$298.00Aug 31$0.39$2.02$2.41$295.59$300.410.81%
$295.00Aug 31$1.92$0.56$2.48$292.52$297.480.84%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 342 found (cheapest 0.04% of stock, avg 1.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.00$296.00Aug 28$0.04$0.09$0.13$295.87$297.13
$297.50$296.00Aug 28$0.02$0.09$0.11$295.89$297.61
$300.00$292.00Aug 31$0.09$0.14$0.23$291.77$300.23
$300.00$293.00Aug 31$0.09$0.22$0.31$292.69$300.31
$299.00$292.00Aug 31$0.19$0.14$0.33$291.67$299.33
$299.00$293.00Aug 31$0.19$0.22$0.41$292.59$299.41
$301.00$292.00Sep 1$0.12$0.29$0.41$291.59$301.41
$300.00$292.00Sep 1$0.22$0.29$0.51$291.49$300.51
$300.00$294.00Aug 31$0.09$0.35$0.44$293.56$300.44
$299.00$294.00Aug 31$0.19$0.35$0.54$293.46$299.54

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 371 found (best R:R 0.82, avg credit $0.44)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
275/276303/304Oct 2$0.45$0.5555%0.82$275.55$303.45
275/276304/305Oct 2$0.42$0.5858%0.72$275.58$304.42
287/288302/302Sep 25$0.29$0.2141%1.38$287.21$302.29
277/278304/305Oct 9$0.48$0.5251%0.92$277.52$304.48
274/275304/305Oct 9$0.45$0.5554%0.82$274.55$304.45
278/279301/302Sep 25$0.48$0.5251%0.92$278.52$301.48
287/288302/303Sep 25$0.28$0.2242%1.27$287.22$302.78
277/278303/304Oct 9$0.50$0.5049%1.00$277.50$303.50
278/279303/304Sep 25$0.42$0.5857%0.72$278.58$303.42
274/275303/304Oct 9$0.47$0.5352%0.89$274.53$303.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 182 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$295.00$296.00$297.00Aug 28$0.51$0.4983%0.96
$285.00$290.00$295.00Sep 30$0.58$4.4225%7.62
$290.00$295.00$300.00Sep 30$0.72$4.2828%5.94
$294.00$295.00$296.00Aug 28$0.08$0.9225%11.50
$293.00$294.00$295.00Aug 31$0.06$0.9418%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$305.00$310.00$315.00Sep 30$0.20$4.8018%24.00
$285.00$290.00$295.00Sep 30$0.54$4.4624%8.26
$295.00$296.00$297.00Aug 28$0.53$0.4783%0.89
$280.00$285.00$290.00Sep 30$0.38$4.6218%12.16
$275.00$280.00$285.00Sep 30$0.25$4.7512%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 504 found (best net $-4.49, 492 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$275.001:2Aug 31-$6.35$8.65
$290.00$295.001:2Sep 10-$0.24$4.76
$285.00$290.001:2Sep 3-$1.96$3.04
$300.00$305.001:2Sep 30-$0.18$4.82
$295.00$300.001:2Sep 30-$1.22$3.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$315.001:2Sep 25-$4.49$10.51
$314.00$302.001:2Oct 9-$0.48$11.52
$321.00$311.001:2Aug 31-$4.75$5.25
$325.00$315.001:2Aug 28-$8.68$1.32
$355.00$335.001:2Aug 28-$18.71$1.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 176 found (best yield 2.15%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$297.00Oct 9$6.370.480.2%2.15%2.38%14--
$297.50Oct 9$6.100.470.4%2.06%2.45%84--
$298.00Oct 9$5.830.460.6%1.97%2.53%44--
$299.00Oct 9$5.330.430.9%1.80%2.70%375
$300.00Oct 9$4.850.411.2%1.64%2.88%1051
$301.00Oct 9$4.400.381.6%1.48%3.06%247
$302.00Oct 9$3.970.361.9%1.34%3.25%137
$297.00Oct 2$5.620.470.2%1.90%2.12%11314
$297.50Oct 2$5.360.460.4%1.81%2.20%6334
$298.00Oct 2$5.100.450.6%1.72%2.28%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 467,037
Total Puts 1,124,200
Put/Call Ratio 2.41
Net Difference -657,163

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 2,876,085
Total Puts 5,054,419
Average Put/Call Ratio 1.71
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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