Tour v325
IWM
iShares Russell 2000 ETF
$293.48 -0.85%
$293.32 (-0.05%)🌙
as of 07/13 04:10 PM
7/13 16:10

Option Volume

Detail
Current (07/13 4:10pm) 1,254,351
Calls: 425,113 (34%)
Puts: 829,238 (66%)
Prior (07/10) 1,314,298
Calls: 627,507 (48%)
Puts: 686,791 (52%)
Current vs Prior -4.56%
Calls: -32.25% (Calls)
Puts: +20.74% (Puts)
Prior 7-Day Total 11,049,698
Calls: 4,537,663 (41%)
Puts: 6,512,035 (59%)
Prior 7-Day Average 1,578,528
Calls: 648,237 (41%)
Puts: 930,290 (59%)
Current vs Prior 7-Day Avg -20.54%
Calls: -34.42%
Puts: -10.86%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/13 4:10pm) $112.71M
Calls: $25.62M (23%)
Puts: $87.09M (77%)
Prior (07/10) $78.26M
Calls: $34.42M (44%)
Puts: $43.84M (56%)
Current vs Prior +44.02%
Calls: -25.57%
Puts: +98.66%
Prior 7-Day Total $894.08M
Calls: $277.50M (31%)
Puts: $616.59M (69%)
Prior 7-Day Average $127.73M
Calls: $39.64M (31%)
Puts: $88.08M (69%)
Current vs Prior 7-Day Avg -11.76%
Calls: -35.37%
Puts: -1.13%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/13 4:10pm) 1.95
Prior (07/10) 1.09
Current vs Prior +78.23%
Prior 7-Day Average 1.44
Current vs Prior 7-Day Avg +35.78%
Sentiment BEARISH

Open Interest

Detail
Current (07/13 4:10pm) 3,200,042
Calls: 680,264 (21%)
Puts: 2,519,778 (79%)
Prior (07/10) 3,378,014
Calls: 763,488 (23%)
Puts: 2,614,526 (77%)
Current vs Prior -5.27%
Prior 7-Day Total 20,873,179
Calls: 4,538,103 (22%)
Puts: 16,335,076 (78%)
Prior 7-Day Average 2,981,882
Calls: 648,300 (22%)
Puts: 2,333,582 (78%)
Current vs Prior 7-Day Avg +7.32%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/13) | Next (07/14)Expiry (07/13) | Next (07/15)Expiry (07/17) | Next (07/24)Expiry (07/15) | Next (08/21)
Current 0.35% | 1.31%0.35% | 1.55%2.03% | 2.92%1.55% | 5.53%
Prior 0.95% | 1.35%0.38% | 0.95%0.38% | 1.94%1.56% | 6.02%
Current vs Prior +37.33% | +14.97%-7.24% | +63.09%+436.68% | +50.32%-0.45% | -8.15%
Prior 7-Day Avg 1.03% | 1.38%0.56% | 1.29%1.27% | 2.54%2.17% | 6.46%
Current vs 7-Day Avg +27.04% | +12.63%-36.88% | +20.25%+60.46% | +15.08%-28.46% | -14.48%
Prior 7-Day Eod 0.95% | 1.35%0.38% | 0.95%0.38% | 1.94%1.56% | 6.02%
Current vs 7-Day Eod +37.33% | +14.97%-7.24% | +63.09%+436.68% | +50.32%-0.45% | -8.15%
Sentiment BEARISHBULLISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.56% | 1.55%
Calls: 1.61% | 1.60%
Puts: 1.51% | 1.50%
Prior 2.07% | 2.49%
Calls: 2.35% | 2.58%
Puts: 1.79% | 2.40%
Current vs Prior -24.64% | -37.75%
Prior 7-Day Avg 3.16% | 3.08%
Calls: 3.15% | 2.83%
Puts: 3.17% | 3.33%
Current vs 7-Day Avg -50.66% | -49.70%
Liquidity Good
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($87.09M) vs calls ($25.62M). Extreme bearish P/C ratio of 1.95 - heavy put buying. P/C ratio rising 78% - increased hedging/bearish positioning. Put-heavy open interest (2,519,778 puts vs 680,264 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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:10BEARISHBEARISHBEARISH
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09:35BULLISHBEARISHBEARISH

📈 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 958 of results (avg 3.4%, best 0.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$235.00Jul 1758.3758.70$58.540.6%31.00120
$236.00Jul 1757.3857.72$57.550.6%21.0021
$238.00Jul 1755.3855.71$55.550.6%--1.0080
$237.00Jul 1756.3856.72$56.550.6%--1.0030
$239.00Jul 1754.3854.71$54.550.6%--1.0020
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Jul 1331.4431.77$31.611.0%481.00--
$324.00Jul 1430.4630.78$30.621.0%21.00--
$324.00Jul 1330.4430.77$30.611.1%481.00--
$323.00Jul 1329.4429.77$29.611.1%121.00--
$321.00Jul 1427.4627.77$27.621.1%21.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 273 found (avg $0.42, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Jul 140.050.06$0.0616.7%2.1K0.043.6K
$306.00Jul 170.050.06$0.0616.7%4650.022.4K
$320.00Jul 310.050.06$0.0616.7%530.014.2K
$302.00Jul 150.060.07$0.0714.3%1920.0392
$303.00Jul 160.070.08$0.0812.5%160.041.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$277.00Jul 150.050.06$0.0616.7%5060.0228
$262.00Jul 170.050.06$0.0616.7%190.011.2K
$263.00Jul 170.050.06$0.0616.7%5240.014.2K
$245.00Jul 240.050.06$0.0616.7%--0.01171
$283.00Jul 140.060.07$0.0714.3%2580.03653

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 506 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$245.00Jul 1348.2348.54$48.390.6%11.00--
$250.00Jul 1343.2343.54$43.390.7%71.001
$260.00Jul 1333.2333.54$33.390.9%11.00--
$261.00Jul 1332.2332.56$32.391.0%391.00--
$262.00Jul 1331.2331.56$31.401.1%381.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$316.00Jul 1322.4622.73$22.601.2%21.00--
$317.00Jul 1323.4623.76$23.611.3%21.00--
$319.00Jul 1325.4625.77$25.621.2%321.00--
$320.00Jul 1326.4426.77$26.611.2%411.00--
$321.00Jul 1327.4427.77$27.611.2%411.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,152 active (total vol 1.3M, top 130.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Jul 130.000.01$0.01100.0%73.6K0.04743
$295.00Jul 130.000.01$0.01100.0%70.8K0.02608
$296.00Jul 130.000.01$0.01100.0%57.2K0.013.1K
$297.00Jul 130.000.01$0.01100.0%23.2K0.012.7K
$293.00Jul 130.370.55$0.4639.1%21.8K0.92165
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$293.00Jul 130.010.02$0.0250.0%130.5K0.093.8K
$294.00Jul 130.460.69$0.5740.4%101.3K0.965.3K
$292.00Jul 130.000.01$0.01100.0%67.3K0.021.9K
$288.00Jul 171.061.11$1.094.6%37.3K0.2355.1K
$295.00Jul 131.461.71$1.5915.7%35.3K0.985.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 138 strikes (avg 725.0%, max 2524.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$245.00Jul 13Aug 21782.7%31.4%2394.2%6582
$250.00Jul 13Aug 21701.5%29.9%2246.5%114.5K
$320.00Jul 13Aug 21395.5%17.7%2134.0%1907.3K
$260.00Jul 13Aug 21542.0%27.2%1893.0%55.7K
$264.00Jul 13Aug 21479.0%26.1%1735.0%381
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$240.00Jul 13Aug 21865.1%33.0%2524.2%8422.4K
$245.00Jul 13Aug 21782.7%31.4%2394.2%5010.7K
$320.00Jul 13Aug 21395.5%17.7%2134.0%42230
$265.00Jul 13Aug 21463.3%25.8%1694.5%1.1K21.6K
$269.00Jul 13Aug 21400.8%24.8%1514.6%728

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 490 found (best R:R 51.63, avg 3.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$325.00$330.00Aug 21$0.12$4.88$0.1240.67$325.12
$320.00$325.00Aug 14$0.17$4.83$0.1728.41$320.17
$306.00$308.00Jul 23$0.10$1.90$0.1019.00$306.10
$320.00$325.00Aug 21$0.26$4.74$0.2618.23$320.26
$315.00$317.50Aug 7$0.14$2.36$0.1416.86$315.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$260.00Jul 27$0.19$9.81$0.1951.63$269.81
$255.00$250.00Aug 14$0.12$4.88$0.1240.67$254.88
$250.00$245.00Aug 21$0.12$4.88$0.1240.67$249.88
$260.00$255.00Aug 7$0.14$4.86$0.1434.71$259.86
$255.00$250.00Aug 21$0.17$4.83$0.1728.41$254.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 664 found (best R:R 46.06, avg 2.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$255.00$263.00Jul 31$7.83$7.83$0.1746.06$262.83
$250.00$255.00Aug 7$4.89$4.89$0.1144.45$254.89
$240.00$245.00Aug 21$4.89$4.89$0.1144.45$244.89
$245.00$250.00Aug 14$4.88$4.88$0.1240.67$249.88
$250.00$255.00Aug 14$4.86$4.86$0.1434.71$254.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$313.00$310.00Jul 31$2.89$2.89$0.1126.27$310.11
$305.00$302.00Jul 20$2.85$2.85$0.1519.00$302.15
$320.00$315.00Aug 21$4.71$4.71$0.2916.24$315.29
$314.00$310.00Aug 7$3.68$3.68$0.3211.50$310.32
$305.00$302.00Jul 22$2.73$2.73$0.2710.11$302.27

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 82 found (avg debit $0.45, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$283.00Jul 13Jul 14$0.07181.8%36.8%
$317.50Jul 24Jul 31$0.0718.2%17.4%
$272.00Jul 13Jul 15$0.08354.0%42.8%
$282.00Jul 13Jul 14$0.08197.6%37.4%
$299.00Jul 13Jul 14$0.10100.3%23.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$283.00Jul 13Jul 14$0.06181.8%36.8%
$299.00Jul 13Jul 14$0.06100.3%23.7%
$264.00Jul 17Jul 22$0.0645.4%33.4%
$314.00Jul 20Aug 7$0.0619.4%17.7%
$277.50Jul 15Jul 16$0.0736.0%33.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 483 found (cheapest 0.16% of stock, avg 5.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$293.00Jul 13$0.46$0.02$0.48$292.52$293.480.16%
$294.00Jul 13$0.01$0.57$0.58$293.42$294.580.20%
$292.00Jul 13$1.39$0.01$1.40$290.60$293.400.48%
$295.00Jul 13$0.01$1.59$1.60$293.40$296.600.55%
$291.00Jul 13$2.38$0.01$2.39$288.61$293.390.81%
$296.00Jul 13$0.01$2.59$2.60$293.40$298.600.89%
$294.00Jul 14$1.36$1.94$3.30$290.70$297.301.12%
$293.00Jul 14$1.90$1.48$3.38$289.62$296.381.15%
$290.00Jul 13$3.39$0.01$3.40$286.60$293.401.16%
$295.00Jul 14$0.92$2.51$3.43$291.57$298.431.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 350 found (cheapest 0.22% of stock, avg 2.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$298.00$289.00Jul 14$0.20$0.46$0.66$288.34$298.66
$297.00$289.00Jul 14$0.35$0.46$0.81$288.19$297.81
$298.00$290.00Jul 14$0.20$0.63$0.83$289.17$298.83
$297.00$290.00Jul 14$0.35$0.63$0.98$289.02$297.98
$296.00$289.00Jul 14$0.59$0.46$1.05$287.95$297.05
$298.00$291.00Jul 14$0.20$0.85$1.05$289.95$299.05
$298.00$289.00Jul 15$0.39$0.73$1.12$287.88$299.12
$297.00$291.00Jul 14$0.35$0.85$1.20$289.80$298.20
$296.00$290.00Jul 14$0.59$0.63$1.22$288.78$297.22
$298.00$292.00Jul 14$0.20$1.13$1.33$290.67$299.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 441 found (best R:R 37.46, avg credit $0.99)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
245/250255/260Aug 21$4.87$0.1337.46$245.13$259.87
255/260261/267Aug 7$5.84$0.1636.50$254.16$266.84
260/265270/276Aug 14$5.54$0.4612.04$259.46$275.54
255/260270/276Aug 14$5.47$0.5310.32$254.53$275.47
281/282287/288Jul 21$0.90$0.109.00$281.10$287.90
284/285288/289Jul 21$0.90$0.109.00$284.10$288.90
291/292293/294Jul 21$0.90$0.109.00$291.10$293.90
273/274280/281Aug 14$0.90$0.109.00$273.10$280.90
274/275282/283Aug 14$0.90$0.109.00$274.10$282.90
250/255270/276Aug 14$5.39$0.618.84$249.61$275.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 154 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$330.00$335.00$340.00Aug 21$0.05$4.9599.00
$245.00$250.00$255.00Aug 21$0.06$4.9482.33
$320.00$325.00$330.00Aug 14$0.09$4.9154.56
$315.00$317.50$320.00Aug 14$0.05$2.4549.00
$315.00$317.50$320.00Aug 7$0.06$2.4440.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$255.00$260.00Aug 7$0.06$4.9482.33
$250.00$260.00$270.00Jul 27$0.13$9.8775.92
$255.00$260.00$265.00Aug 14$0.07$4.9370.43
$250.00$255.00$260.00Aug 14$0.08$4.9261.50
$250.00$255.00$260.00Aug 21$0.08$4.9261.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 402 found (best net $-0.01, 385 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$265.00$279.001:2Jul 14-$0.44$13.56
$272.00$282.501:2Jul 15-$0.66$9.84
$311.00$318.001:2Jul 21-$0.01$6.99
$320.00$325.001:2Jul 24$0.00$5.00
$320.00$325.001:2Jul 31$0.00$5.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$265.00$240.001:2Jul 14-$0.01$24.99
$265.00$245.001:2Jul 15$0.00$20.00
$265.00$245.001:2Jul 13-$0.01$19.99
$260.00$250.001:2Jul 16-$0.01$9.99
$270.00$260.001:2Jul 16-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 204 found (best yield 2.73%, avg 0.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$294.00Aug 21$8.010.500.2%2.73%2.91%373--
$295.00Aug 21$7.450.480.5%2.54%3.06%94921.8K
$294.00Aug 14$7.180.500.2%2.45%2.62%1918
$296.00Aug 21$6.910.460.9%2.35%3.21%470--
$295.00Aug 14$6.630.480.5%2.26%2.78%4582
$297.00Aug 21$6.400.441.2%2.18%3.38%343--
$294.00Aug 7$6.260.490.2%2.13%2.31%40162
$296.00Aug 14$6.110.460.9%2.08%2.94%65103
$298.00Aug 21$5.910.421.5%2.01%3.55%364--
$295.00Aug 7$5.710.470.5%1.95%2.46%129601

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 425,113
Total Puts 829,238
Put/Call Ratio 1.95
Net Difference -404,125

Prior's Put/Call Breakdown

Total Calls 627,507
Total Puts 686,791
Put/Call Ratio 1.09
Net Difference -59,284

Prior 7-Day Put/Call Summary

Total Calls 4,537,663
Total Puts 6,512,035
Average Put/Call Ratio 1.44
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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Price — Past 7 Days

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