Tour v526
IWM
iShares Russell 2000 ETF
$295.98 -1.28%
8/28 15:50

Option Volume

Detail
Current (08/28 3:50pm) 1,660,215
Calls: 493,935 (30%)
Puts: 1,166,280 (70%)
Prior (08/27) 1,008,730
Calls: 471,461 (47%)
Puts: 537,269 (53%)
Current vs Prior +64.58%
Calls: +4.77% (Calls)
Puts: +117.08% (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 +60.84%
Calls: +25.56%
Puts: +82.57%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 3:50pm) $207.89M
Calls: $33.26M (16%)
Puts: $174.63M (84%)
Prior (08/27) $63.58M
Calls: $35.63M (56%)
Puts: $27.95M (44%)
Current vs Prior +226.97%
Calls: -6.66%
Puts: +524.79%
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 +105.93%
Calls: +3.16%
Puts: +154.16%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 3:50pm) 2.36
Prior (08/27) 1.14
Current vs Prior +107.20%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg +48.67%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 3:50pm) 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 0.50% | 0.95%0.50% | 0.95%0.50% | 1.82%3.29% | 5.19%
Prior 1.09% | 1.32%1.09% | 1.32%1.09% | 1.99%3.37% | 5.25%
Current vs Prior -54.60% | -28.30%-54.60% | -28.30%-54.60% | -8.87%-2.51% | -1.15%
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 -38.76% | -16.52%-19.17% | -20.35%-55.20% | -14.56%+48.21% | +6.43%
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 -54.60% | -28.30%-54.60% | -28.30%-54.60% | -8.87%-2.51% | -1.15%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 59.98% | 20.27%
Calls: 103.30% | 26.82%
Puts: 16.67% | 13.73%
Prior 2.93% | 1.69%
Calls: 3.76% | 2.22%
Puts: 2.11% | 1.15%
Current vs Prior +1947.10% | +1099.41%
Prior 7-Day Avg 18.61% | 2.77%
Calls: 20.15% | 2.86%
Puts: 17.07% | 2.68%
Current vs 7-Day Avg +222.37% | +631.39%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 84% of dollar volume in puts ($174.63M) vs calls ($33.26M). Massive premium surge with dollar volume up 227% vs prior. Dollar volume significantly above 7-day average (106% higher). Above-average activity with volume up 65% vs prior.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
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 NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:50BEARISHBEARISHBEARISH
15:45BEARISHBEARISHBEARISH
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
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11:30BEARISHNEUTRALBEARISH
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10:20BEARISHNEUTRALBEARISH
10:15BEARISHNEUTRALBEARISH
10:10BEARISHNEUTRALBEARISH
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 372 of results (avg 6.6%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2855.2856.77$56.032.7%191.0028
$240.00Sep 455.4556.96$56.212.7%211.0060
$255.00Aug 2840.5941.70$41.152.7%21.007
$245.00Aug 2850.2851.77$51.032.9%41.0060
$245.00Sep 450.4651.96$51.212.9%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Sep 42.252.30$2.282.2%5.3K0.504.0K
$355.00Aug 2858.2359.73$58.982.5%11.00--
$335.00Aug 2838.2339.38$38.813.0%11.001
$296.00Sep 255.235.42$5.333.6%990.5279
$296.00Sep 21.611.67$1.643.7%7.3K0.51306

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 110 found (avg $0.60, cheapest $0.18)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.150.17$0.1612.5%23.3K0.42494
$300.00Aug 310.060.07$0.0714.3%21.0K0.06717
$297.00Aug 310.560.68$0.6219.4%6.3K0.3395
$299.00Sep 10.320.37$0.3514.3%6320.18407
$303.00Sep 30.130.14$0.147.1%3640.071.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 280.160.19$0.1816.7%60.1K0.584.4K
$292.00Aug 310.140.15$0.156.7%2.2K0.101.1K
$294.00Aug 310.340.41$0.3818.4%3.5K0.252.5K
$295.00Aug 310.580.69$0.6417.2%8.9K0.373.0K
$289.00Sep 10.100.12$0.1118.2%2510.06481

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 502 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$255.00Aug 3140.3041.79$41.053.6%41.002
$260.00Aug 3135.3036.79$36.054.1%91.00--
$275.00Aug 3120.2921.80$21.057.2%381.00--
$279.00Aug 3116.3117.80$17.068.7%11.00--
$280.00Aug 3115.3116.80$16.069.3%151.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$297.50Aug 280.741.72$1.2379.7%23.4K1.002.8K
$298.00Aug 281.932.11$2.028.9%46.0K1.005.5K
$299.00Aug 282.543.72$3.1337.7%24.3K1.0010.8K
$300.00Aug 283.574.14$3.8514.8%8.6K1.0010.9K
$301.00Aug 284.365.72$5.0427.0%3.1K1.003.1K

Most actively traded options today. High liquidity = easy entry/exit. 1,176 active (total vol 1.7M, top 121.1K)

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 280.010.02$0.0250.0%39.3K0.05382
$298.00Aug 280.000.01$0.01100.0%32.4K0.011.1K
$301.00Aug 280.000.01$0.01100.0%29.3K0.013.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$290.00Sep 111.351.43$1.395.8%121.1K0.253.5K
$280.00Sep 110.310.43$0.3732.4%113.8K0.0715.0K
$290.00Sep 182.502.63$2.575.1%83.6K0.3291.2K
$295.00Sep 41.811.90$1.864.8%74.8K0.4371.5K
$296.00Aug 280.160.19$0.1816.7%60.1K0.584.4K

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 24.9%, max 24.9%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 919.0%15.2%24.9%23.4K494
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$296.00Aug 28Oct 919.0%15.2%24.9%60.1K4.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 382 found (best R:R 0.69, avg 3.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$280.00$285.00Sep 30$2.95$2.05$2.9584%0.69$282.95
$283.00$284.00Sep 25$0.19$0.81$0.1981%4.26$283.19
$261.00$262.00Sep 18$0.48$0.52$0.48100%1.08$261.48
$294.00$295.00Sep 1$0.12$0.88$0.1270%7.33$294.12
$264.00$265.00Sep 18$0.51$0.49$0.51100%0.96$264.51
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$305.00$300.00Sep 30$2.66$2.34$2.6675%0.88$302.34
$301.00$300.00Sep 10$0.22$0.78$0.2275%3.55$300.78
$301.00$300.00Sep 9$0.24$0.76$0.2477%3.17$300.76
$302.00$301.00Sep 18$0.23$0.77$0.2372%3.35$301.77
$300.00$295.00Sep 30$2.41$2.59$2.4162%1.07$297.59

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 277 found (best R:R 0.57, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$300.00$305.00Sep 30$1.82$1.82$3.1862%0.57$301.82
$296.00$297.00Sep 9$0.82$0.82$0.1851%4.56$296.82
$305.00$310.00Sep 30$1.07$1.07$3.9376%0.27$306.07
$296.00$297.00Sep 2$0.70$0.70$0.3051%2.33$296.70
$296.00$297.00Sep 4$0.66$0.66$0.3450%1.94$296.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$276.00$275.00Oct 2$0.12$0.12$0.8886%0.14$275.88
$292.50$292.00Sep 4$0.12$0.12$0.3871%0.32$292.38
$281.00$280.00Sep 18$0.12$0.12$0.8886%0.14$280.88
$292.00$291.00Sep 2$0.14$0.14$0.8680%0.16$291.86
$293.00$292.50Oct 9$0.20$0.20$0.3056%0.67$292.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.88, cheapest $0.84)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$296.00Aug 28Aug 31$0.9119.0%10.1%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$296.00Aug 28Aug 31$0.8419.0%10.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 420 found (cheapest 0.11% of stock, avg 4.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$296.00Aug 28$0.16$0.18$0.34$295.66$296.340.11%
$297.00Aug 28$0.02$1.18$1.20$295.80$298.200.41%
$297.50Aug 28$0.01$1.23$1.24$296.26$298.740.42%
$295.00Aug 28$1.29$0.02$1.31$293.69$296.310.44%
$298.00Aug 28$0.01$2.02$2.03$295.97$300.030.69%
$296.00Aug 31$1.07$1.02$2.09$293.91$298.090.71%
$294.00Aug 28$2.20$0.01$2.21$291.79$296.210.75%
$297.00Aug 31$0.62$1.61$2.23$294.77$299.230.75%
$295.00Aug 31$1.79$0.64$2.43$292.57$297.430.82%
$298.00Aug 31$0.30$2.32$2.62$295.38$300.620.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 347 found (cheapest 0.01% of stock, avg 1.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.00$295.00Aug 28$0.02$0.02$0.04$294.96$297.04
$300.00$291.00Aug 31$0.07$0.09$0.16$290.84$300.16
$300.00$292.00Aug 31$0.07$0.15$0.22$291.78$300.22
$299.00$291.00Aug 31$0.16$0.09$0.25$290.75$299.25
$296.00$295.00Aug 28$0.16$0.02$0.18$294.82$296.18
$299.00$292.00Aug 31$0.16$0.15$0.31$291.69$299.31
$300.00$293.00Aug 31$0.07$0.23$0.30$292.70$300.30
$299.00$293.00Aug 31$0.16$0.23$0.39$292.61$299.39
$300.00$291.00Sep 1$0.21$0.24$0.45$290.55$300.45
$298.00$291.00Aug 31$0.30$0.09$0.39$290.61$298.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 340 found (best R:R 1.04, avg credit $0.43)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
280/281300/301Sep 18$0.51$0.4951%1.04$280.49$300.51
280/281303/304Sep 18$0.40$0.6061%0.67$280.60$303.40
282/283300/301Sep 18$0.52$0.4848%1.08$282.48$300.52
275/276303/304Oct 2$0.45$0.5555%0.82$275.55$303.45
280/281302/303Sep 18$0.42$0.5858%0.72$280.58$302.42
281/282300/301Sep 18$0.50$0.5050%1.00$281.50$300.50
285/286300/301Sep 18$0.57$0.4343%1.33$285.43$300.57
280/281301/302Sep 18$0.45$0.5555%0.82$280.55$301.45
280/281304/305Sep 18$0.35$0.6564%0.54$280.65$304.35
282/283303/304Sep 18$0.41$0.5958%0.69$282.59$303.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 217 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$294.00$295.00$296.00Aug 31$0.07$0.9327%13.29
$281.00$285.00$289.00Sep 1$0.05$3.956%79.00
$290.00$295.00$300.00Sep 30$0.74$4.2628%5.76
$265.00$270.00$275.00Sep 30$0.11$4.896%44.45
$310.00$315.00$320.00Sep 30$0.24$4.7611%19.83
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$295.00$300.00$305.00Sep 30$0.25$4.7526%19.00
$294.00$295.00$296.00Aug 28$0.15$0.8556%5.67
$290.00$295.00$300.00Sep 30$0.65$4.3527%6.69
$280.00$285.00$290.00Sep 30$0.38$4.6218%12.16
$285.00$290.00$295.00Sep 30$0.60$4.4024%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 501 found (best net $-3.19, 490 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$263.00$280.001:2Oct 9-$3.19$13.81
$260.00$275.001:2Aug 31-$6.05$8.95
$285.00$290.001:2Sep 3-$1.81$3.19
$290.00$295.001:2Sep 10-$0.17$4.83
$300.00$305.001:2Sep 30-$0.16$4.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$315.001:2Sep 25-$4.83$10.17
$314.00$302.001:2Oct 9-$0.25$11.75
$321.00$311.001:2Aug 31-$4.98$5.02
$355.00$335.001:2Aug 28-$18.64$1.36
$325.00$315.001:2Aug 28-$8.98$1.02

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 189 found (best yield 2.10%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$297.00Oct 9$6.220.470.3%2.10%2.45%14--
$297.50Oct 9$5.950.460.5%2.01%2.52%84--
$298.00Oct 9$5.690.450.7%1.92%2.60%44--
$296.00Oct 9$6.510.490.0%2.20%2.21%89--
$299.00Oct 9$5.190.421.0%1.75%2.77%375
$300.00Oct 9$4.720.401.4%1.59%2.95%1201
$301.00Oct 9$4.270.381.7%1.44%3.14%247
$302.00Oct 9$3.860.352.0%1.30%3.34%137
$297.00Oct 2$5.450.460.3%1.84%2.19%11314
$297.50Oct 2$5.190.450.5%1.75%2.27%6334

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 493,935
Total Puts 1,166,280
Put/Call Ratio 2.36
Net Difference -672,345

Prior's Put/Call Breakdown

Total Calls 471,461
Total Puts 537,269
Put/Call Ratio 1.14
Net Difference -65,808

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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