Tour v526
IWM
iShares Russell 2000 ETF
$298.63 -0.39%
8/28 10:05

Option Volume

Detail
Current (08/28 10:05am) 162,348
Calls: 82,068 (51%)
Puts: 80,280 (49%)
Prior (08/27) 161,068
Calls: 94,313 (59%)
Puts: 66,755 (41%)
Current vs Prior +0.79%
Calls: -12.98% (Calls)
Puts: +20.26% (Puts)
Prior 7-Day Total 7,225,418
Calls: 2,753,677 (38%)
Puts: 4,471,741 (62%)
Prior 7-Day Average 1,032,202
Calls: 393,382 (38%)
Puts: 638,820 (62%)
Current vs Prior 7-Day Avg -84.27%
Calls: -79.14%
Puts: -87.43%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/28 10:05am) $14.11M
Calls: $6.01M (43%)
Puts: $8.10M (57%)
Prior (08/27) $10.04M
Calls: $5.47M (54%)
Puts: $4.57M (46%)
Current vs Prior +40.57%
Calls: +9.87%
Puts: +77.33%
Prior 7-Day Total $706.67M
Calls: $225.69M (32%)
Puts: $480.97M (68%)
Prior 7-Day Average $100.95M
Calls: $32.24M (32%)
Puts: $68.71M (68%)
Current vs Prior 7-Day Avg -86.03%
Calls: -81.37%
Puts: -88.21%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 10:05am) 0.98
Prior (08/27) 0.71
Current vs Prior +38.20%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg -38.41%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/28 10:05am) 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 28,115,138
Calls: 7,477,294 (27%)
Puts: 20,637,844 (73%)
Prior 7-Day Average 4,016,448
Calls: 1,068,184 (27%)
Puts: 2,948,263 (73%)
Current vs Prior 7-Day Avg -10.81%
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 0.80% | 1.10%0.80% | 1.10%0.80% | 1.87%3.29% | 5.21%
Prior 1.09% | 1.32%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs Prior -27.15% | -16.80%-27.15% | -16.80%-27.15% | -6.32%-2.48% | -0.69%
Prior 7-Day Avg 0.81% | 1.14%0.61% | 1.19%1.11% | 2.13%2.22% | 4.87%
Current vs 7-Day Avg -1.74% | -3.13%+29.70% | -7.57%-28.11% | -12.17%+48.25% | +6.93%
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 -27.15% | -16.80%-27.15% | -16.80%-27.15% | -6.32%-2.48% | -0.69%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.08% | 3.98%
Calls: 2.36% | 3.45%
Puts: 1.80% | 4.52%
Prior 2.93% | 1.69%
Calls: 3.76% | 2.22%
Puts: 2.11% | 1.15%
Current vs Prior -29.01% | +135.50%
Prior 7-Day Avg 18.61% | 2.77%
Calls: 20.15% | 2.86%
Puts: 17.07% | 2.68%
Current vs 7-Day Avg -88.82% | +43.61%
Liquidity Good
+
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🤖 AI Insights

P/C ratio rising 38% - increased hedging/bearish positioning. Put-heavy open interest (2,560,439 puts vs 1,022,027 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:05BEARISHNEUTRALMIXED
10:00BULLISHBULLISHBULLISH
09:55BULLISHNEUTRALBULLISH
09:50BULLISHNEUTRALBULLISH
09:45BEARISHNEUTRALMIXED
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 705 of results (avg 5.0%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2858.5558.83$58.690.5%--1.0028
$245.00Aug 2853.5653.84$53.700.5%--1.0060
$240.00Sep 458.6159.03$58.820.7%21.0060
$261.00Aug 2837.5537.83$37.690.7%291.001
$260.00Aug 2838.5538.84$38.700.7%131.0065
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2856.1656.45$56.310.5%11.00--
$323.00Aug 3124.1824.56$24.371.6%11.00--
$322.00Aug 3123.1723.56$23.371.7%11.00--
$321.00Aug 3122.1722.56$22.371.7%11.00--
$299.00Aug 281.101.12$1.111.8%11.0K0.5510.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 267 found (avg $0.47, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$302.50Aug 280.050.06$0.0616.7%3.4K0.062.6K
$302.00Aug 280.080.09$0.0911.1%8.2K0.082.9K
$301.00Aug 280.170.18$0.185.6%13.5K0.163.6K
$300.00Aug 280.370.38$0.382.6%14.0K0.284.5K
$305.00Aug 310.050.06$0.0616.7%1.2K0.042.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$295.00Aug 280.100.11$0.119.1%5.9K0.0825.6K
$296.00Aug 280.190.20$0.205.0%3.9K0.144.4K
$294.00Aug 280.050.06$0.0616.7%1.9K0.047.5K
$297.00Aug 280.360.37$0.372.7%4.8K0.248.3K
$297.50Aug 280.480.51$0.506.0%3.7K0.302.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 414 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2858.5558.83$58.690.5%--1.0028
$245.00Aug 2853.5653.84$53.700.5%--1.0060
$260.00Aug 2838.5538.84$38.700.7%131.0065
$261.00Aug 2837.5537.83$37.690.7%291.001
$262.00Aug 2836.5536.84$36.700.8%181.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Aug 2856.1656.45$56.310.5%11.00--
$321.00Aug 3122.1722.56$22.371.7%11.00--
$322.00Aug 3123.1723.56$23.371.7%11.00--
$323.00Aug 3124.1824.56$24.371.6%11.00--
$309.00Aug 2810.2110.46$10.342.4%81.00--

Most actively traded options today. High liquidity = easy entry/exit. 702 active (total vol 162.3K, top 14.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 280.370.38$0.382.6%14.0K0.284.5K
$301.00Aug 280.170.18$0.185.6%13.5K0.163.6K
$302.00Aug 280.080.09$0.0911.1%8.2K0.082.9K
$306.00Sep 181.501.58$1.545.2%5.0K0.2411.6K
$299.00Aug 280.720.74$0.732.7%3.8K0.452.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$298.00Aug 280.640.66$0.653.1%12.3K0.385.5K
$299.00Aug 281.101.12$1.111.8%11.0K0.5510.8K
$295.00Aug 280.100.11$0.119.1%5.9K0.0825.6K
$300.00Aug 281.721.77$1.752.9%5.3K0.7210.9K
$297.00Aug 280.360.37$0.372.7%4.8K0.248.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 75.2%, max 94.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$297.00Aug 28Oct 230.4%15.6%94.3%147396
$297.50Aug 28Oct 229.8%15.5%91.8%218379
$298.00Aug 28Oct 229.1%15.4%88.6%9561.1K
$301.00Aug 28Oct 928.5%17.8%59.7%13.5K3.6K
$299.00Aug 28Oct 228.2%17.9%57.5%3.8K3.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$297.00Aug 28Oct 230.4%15.6%94.3%4.8K9.3K
$297.50Aug 28Oct 229.8%15.5%91.8%3.7K2.9K
$298.00Aug 28Oct 929.1%15.5%87.6%12.3K5.5K
$301.00Aug 28Sep 2528.5%16.9%68.5%6163.2K
$299.00Aug 28Oct 228.2%17.9%57.5%11.1K11.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 372 found (best R:R 2.45, avg 3.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$280.00$281.00Sep 18$0.41$0.59$0.4192%1.44$280.41
$297.00$298.00Sep 1$0.61$0.39$0.6166%0.64$297.61
$297.50$298.00Sep 25$0.25$0.25$0.2552%1.00$297.75
$298.00$299.00Aug 28$0.54$0.46$0.5462%0.85$298.54
$308.00$309.00Sep 11$0.11$0.89$0.1113%8.09$308.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$307.00$306.00Sep 1$0.29$0.71$0.2997%2.45$306.71
$298.00$293.00Oct 9$1.81$3.19$1.8149%1.76$296.19
$305.00$300.00Sep 30$2.82$2.18$2.8268%0.77$302.18
$300.00$295.00Sep 30$2.07$2.93$2.0754%1.42$297.93
$304.00$303.00Sep 2$0.61$0.39$0.6188%0.64$303.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 278 found (best R:R 0.79, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$300.00$305.00Sep 30$2.20$2.20$2.8054%0.79$302.20
$305.00$310.00Sep 30$1.44$1.44$3.5668%0.40$306.44
$308.00$313.00Oct 9$1.29$1.29$3.7172%0.35$309.29
$310.00$315.00Sep 30$0.80$0.80$4.2080%0.19$310.80
$302.00$305.00Oct 9$1.31$1.31$1.6958%0.78$303.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$297.00$296.00Aug 28$0.17$0.17$0.8376%0.20$296.83
$297.50$297.00Aug 28$0.13$0.13$0.3770%0.35$297.37
$296.00$295.00Aug 31$0.17$0.17$0.8377%0.20$295.83
$295.00$294.00Sep 2$0.19$0.19$0.8177%0.23$294.81
$298.00$297.50Sep 4$0.21$0.21$0.2955%0.72$297.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.82, cheapest $0.43)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$298.00Aug 28Aug 31$0.4729.1%12.0%
$299.00Aug 28Aug 31$0.4628.2%12.4%
$297.50Aug 28Sep 4$1.6929.8%14.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$298.00Aug 28Aug 31$0.4329.1%12.0%
$299.00Aug 28Aug 31$0.4428.2%12.4%
$297.50Aug 28Sep 4$1.4429.8%14.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 343 found (cheapest 0.62% of stock, avg 3.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$299.00Aug 28$0.73$1.11$1.84$297.16$300.840.62%
$298.00Aug 28$1.27$0.65$1.92$296.08$299.920.64%
$297.50Aug 28$1.61$0.50$2.11$295.39$299.610.71%
$300.00Aug 28$0.38$1.75$2.13$297.87$302.130.71%
$297.00Aug 28$1.99$0.37$2.36$294.64$299.360.79%
$301.00Aug 28$0.18$2.54$2.72$298.28$303.720.91%
$299.00Aug 31$1.19$1.55$2.74$296.26$301.740.92%
$298.00Aug 31$1.74$1.08$2.82$295.18$300.820.94%
$300.00Aug 31$0.76$2.13$2.89$297.11$302.890.97%
$296.00Aug 28$2.84$0.20$3.04$292.96$299.041.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.06% of stock, avg 1.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$302.50$295.00Aug 28$0.06$0.11$0.17$294.83$302.67
$302.00$295.00Aug 28$0.09$0.11$0.20$294.80$302.20
$302.50$296.00Aug 28$0.06$0.20$0.26$295.74$302.76
$302.00$296.00Aug 28$0.09$0.20$0.29$295.71$302.29
$301.00$295.00Aug 28$0.18$0.11$0.29$294.71$301.29
$303.00$294.00Aug 31$0.16$0.23$0.39$293.61$303.39
$301.00$296.00Aug 28$0.18$0.20$0.38$295.62$301.38
$302.50$297.00Aug 28$0.06$0.37$0.43$296.57$302.93
$302.00$297.00Aug 28$0.09$0.37$0.46$296.54$302.46
$302.00$294.00Aug 31$0.28$0.23$0.51$293.49$302.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 450 found (best R:R 0.96, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
281/282304/305Sep 25$0.49$0.5151%0.96$281.51$304.49
277/278305/306Oct 2$0.47$0.5353%0.89$277.53$305.47
279/280305/306Oct 2$0.48$0.5251%0.92$279.52$305.48
282/283304/305Sep 25$0.49$0.5150%0.96$282.51$304.49
286/287303/304Sep 18$0.52$0.4847%1.08$286.48$303.52
283/284304/305Sep 25$0.50$0.5049%1.00$283.50$304.50
285/286304/305Sep 25$0.53$0.4746%1.13$285.47$304.53
285/286305/306Oct 2$0.55$0.4544%1.22$285.45$305.55
283/284305/306Oct 2$0.52$0.4846%1.08$283.48$305.52
289/290304/305Sep 25$0.60$0.4038%1.50$289.40$304.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 188 found (best R:R 54.56, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$290.00$295.00$300.00Sep 30$0.58$4.4226%7.62
$285.00$290.00$295.00Sep 30$0.51$4.4921%8.80
$299.00$300.00$301.00Sep 1$0.07$0.9318%13.29
$297.00$298.00$299.00Sep 2$0.06$0.9416%15.67
$320.00$325.00$330.00Sep 30$0.08$4.924%61.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$305.00$310.00$315.00Sep 30$0.09$4.9121%54.56
$285.00$290.00$295.00Sep 30$0.48$4.5220%9.42
$280.00$285.00$290.00Sep 30$0.32$4.6815%14.63
$275.00$280.00$285.00Sep 30$0.21$4.7910%22.81
$290.00$295.00$300.00Sep 30$0.65$4.3525%6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 490 found (best net $-2.37, 479 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$300.00$305.001:2Sep 30-$0.74$4.26
$305.00$310.001:2Sep 30-$0.06$4.94
$308.00$313.001:2Oct 9-$0.32$4.68
$295.00$300.001:2Sep 30-$2.15$2.85
$298.00$299.001:2Aug 28-$0.19$0.81
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$321.00$311.001:2Aug 31-$2.37$7.63
$269.00$256.001:2Oct 9-$0.03$12.97
$299.00$298.001:2Aug 28-$0.19$0.81
$285.00$280.001:2Sep 9-$0.03$4.97
$285.00$280.001:2Sep 10-$0.08$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 178 found (best yield 1.90%, avg 0.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$301.00Oct 9$5.660.440.8%1.90%2.69%77
$302.00Oct 9$5.180.421.1%1.73%2.86%77
$299.00Oct 2$5.950.480.1%1.99%2.12%--264
$305.00Oct 9$3.870.352.1%1.30%3.43%2840
$300.00Oct 2$5.430.460.5%1.82%2.28%2123
$306.00Oct 9$3.490.332.5%1.17%3.64%330
$301.00Oct 2$4.910.430.8%1.64%2.44%--275
$302.00Oct 2$4.420.411.1%1.48%2.61%--83
$302.50Oct 2$4.220.401.3%1.41%2.71%446
$307.00Oct 9$3.160.312.8%1.06%3.86%310

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 82,068
Total Puts 80,280
Put/Call Ratio 0.98
Net Difference 1,788

Prior's Put/Call Breakdown

Total Calls 94,313
Total Puts 66,755
Put/Call Ratio 0.71
Net Difference 27,558

Prior 7-Day Put/Call Summary

Total Calls 2,753,677
Total Puts 4,471,741
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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