Tour v526
IWM
iShares Russell 2000 ETF
$293.94 -0.61%
8/31 09:45

Option Volume

Detail
Current (08/31 9:45am) 105,389
Calls: 29,194 (28%)
Puts: 76,195 (72%)
Prior (08/28) 72,081
Calls: 37,585 (52%)
Puts: 34,496 (48%)
Current vs Prior +46.21%
Calls: -22.33% (Calls)
Puts: +120.88% (Puts)
Prior 7-Day Total 8,136,190
Calls: 2,935,559 (36%)
Puts: 5,200,631 (64%)
Prior 7-Day Average 1,162,312
Calls: 419,365 (36%)
Puts: 742,947 (64%)
Current vs Prior 7-Day Avg -90.93%
Calls: -93.04%
Puts: -89.74%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 9:45am) $10.32M
Calls: $1.40M (14%)
Puts: $8.92M (86%)
Prior (08/28) $7.15M
Calls: $3.55M (50%)
Puts: $3.60M (50%)
Current vs Prior +44.37%
Calls: -60.60%
Puts: +147.94%
Prior 7-Day Total $857.93M
Calls: $230.99M (27%)
Puts: $626.94M (73%)
Prior 7-Day Average $122.56M
Calls: $33.00M (27%)
Puts: $89.56M (73%)
Current vs Prior 7-Day Avg -91.58%
Calls: -95.76%
Puts: -90.04%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 9:45am) 2.61
Prior (08/28) 0.92
Current vs Prior +184.37%
Prior 7-Day Average 1.71
Current vs Prior 7-Day Avg +52.47%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 9:45am) 3,625,738
Calls: 1,002,804 (28%)
Puts: 2,622,934 (72%)
Prior (08/28) 3,582,466
Calls: 1,022,027 (29%)
Puts: 2,560,439 (71%)
Current vs Prior +1.21%
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 -6.21%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/31) | Next (09/01)Expiry (08/31) | Next (09/02)Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 0.65% | 0.98%0.65% | 1.21%1.69% | 2.42%3.26% | 5.18%
Prior 0.85% | 1.10%0.35% | 0.85%0.35% | 1.75%3.25% | 5.17%
Current vs Prior -23.74% | -10.53%+86.56% | +42.13%+386.42% | +38.37%+0.20% | +0.22%
Prior 7-Day Avg 0.82% | 1.14%0.61% | 1.16%1.01% | 2.09%2.63% | 5.04%
Current vs 7-Day Avg -20.63% | -14.03%+5.81% | +4.13%+68.11% | +15.78%+23.80% | +2.67%
Prior 7-Day Eod 0.85% | 1.10%0.35% | 0.85%0.35% | 1.75%3.25% | 5.17%
Current vs 7-Day Eod -23.74% | -10.53%+86.56% | +42.13%+386.42% | +38.37%+0.20% | +0.22%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.36% | 1.01%
Calls: 3.20% | 1.15%
Puts: 1.52% | 0.87%
Prior 2.85% | 3.67%
Calls: 2.14% | 3.91%
Puts: 3.57% | 3.42%
Current vs Prior -17.19% | -72.48%
Prior 7-Day Avg 18.37% | 2.89%
Calls: 19.68% | 3.00%
Puts: 17.06% | 2.77%
Current vs 7-Day Avg -87.15% | -65.07%
Liquidity Good
+
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🤖 AI Insights

Strong bearish conviction with 86% of dollar volume in puts ($8.92M) vs calls ($1.40M). Extreme bearish P/C ratio of 2.61 - heavy put buying. P/C ratio rising 184% - increased hedging/bearish positioning. Put-heavy open interest (2,622,934 puts vs 1,002,804 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 NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BEARISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BEARISHBEARISHBEARISH

📈 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 813 of results (avg 3.8%, best 0.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$261.00Aug 3132.8732.99$32.930.4%91.00--
$262.00Aug 3131.8732.01$31.940.4%91.001
$238.00Sep 455.9756.24$56.110.5%11.00--
$240.00Sep 453.9754.24$54.110.5%--1.0075
$245.00Sep 448.9749.24$49.110.5%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Aug 3155.9456.17$56.060.4%11.00--
$295.00Sep 21.992.00$2.000.5%3610.62784
$294.00Sep 21.471.48$1.480.7%4590.51786
$294.00Sep 11.151.16$1.150.9%1.1K0.51511
$293.00Sep 21.061.07$1.070.9%2800.40293

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 315 found (avg $0.40, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 310.060.07$0.0714.3%6.0K0.092.0K
$295.00Aug 310.210.23$0.229.1%5.9K0.23554
$294.00Aug 310.600.61$0.611.6%1.8K0.4766
$298.00Sep 10.090.10$0.1010.0%2860.07625
$297.00Sep 10.180.19$0.195.3%2890.13506
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$291.00Aug 310.050.06$0.0616.7%1.4K0.071.6K
$292.00Aug 310.130.14$0.147.1%3.2K0.141.8K
$293.00Aug 310.300.31$0.313.2%6.9K0.293.6K
$294.00Aug 310.650.66$0.661.5%16.7K0.534.0K
$288.00Sep 10.070.08$0.0812.5%150.05617

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 377 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Sep 1853.4255.15$54.293.2%--1.0019.4K
$245.00Sep 1848.4750.14$49.313.4%--1.007.0K
$250.00Sep 1843.4745.18$44.333.9%--1.0010.5K
$255.00Sep 1838.4940.20$39.354.3%--1.0012.3K
$259.00Sep 1834.5736.23$35.404.7%--1.0046
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$298.00Aug 314.034.13$4.082.5%3621.001.7K
$299.00Aug 315.035.13$5.082.0%181.001.8K
$300.00Aug 316.036.13$6.081.6%541.003.2K
$301.00Aug 317.027.13$7.071.6%--1.0016
$302.00Aug 318.028.13$8.071.4%81.00482

Most actively traded options today. High liquidity = easy entry/exit. 563 active (total vol 105.4K, top 16.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Aug 310.060.07$0.0714.3%6.0K0.092.0K
$295.00Aug 310.210.23$0.229.1%5.9K0.23554
$297.00Aug 310.020.03$0.0333.3%4.0K0.042.0K
$294.00Aug 310.600.61$0.611.6%1.8K0.4766
$298.00Aug 310.010.02$0.0250.0%1.1K0.022.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$294.00Aug 310.650.66$0.661.5%16.7K0.534.0K
$280.00Sep 40.100.11$0.119.1%11.5K0.0312.6K
$293.00Aug 310.300.31$0.313.2%6.9K0.293.6K
$295.00Aug 311.261.29$1.272.4%5.3K0.775.4K
$283.00Sep 181.491.53$1.512.6%3.2K0.2074.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 15.2%, max 28.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$293.00Aug 31Oct 220.6%16.1%28.0%144731
$294.00Aug 31Oct 219.7%15.8%24.1%1.8K267
$288.00Sep 4Oct 219.4%17.5%10.9%--55
$292.50Sep 4Oct 217.5%16.2%7.9%2399
$295.00Aug 31Oct 918.9%18.5%2.0%5.9K590
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$293.00Aug 31Oct 920.6%16.0%28.5%7.0K3.7K
$294.00Aug 31Oct 919.7%15.8%24.5%16.7K4.0K
$292.50Sep 4Oct 917.5%16.2%8.5%91681
$295.00Aug 31Oct 918.9%18.5%2.0%5.3K5.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 356 found (best R:R 1.00, avg 3.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$272.00$273.00Oct 2$0.43$0.57$0.4390%1.33$272.43
$275.00$276.00Sep 25$0.57$0.43$0.5790%0.75$275.57
$292.00$293.00Sep 2$0.66$0.34$0.6669%0.52$292.66
$316.00$318.00Oct 9$0.12$1.88$0.127%15.67$316.12
$297.00$297.50Sep 4$0.14$0.36$0.1429%2.57$297.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$310.00$308.00Oct 2$1.00$1.00$1.0088%1.00$309.00
$300.00$295.00Sep 30$2.77$2.23$2.7768%0.81$297.23
$295.00$290.00Sep 30$1.99$3.01$1.9954%1.51$293.01
$290.00$285.00Sep 30$1.36$3.64$1.3640%2.68$288.64
$300.00$296.00Oct 9$2.19$1.81$2.1965%0.83$297.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 263 found (best R:R 0.83, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$295.00$300.00Sep 30$2.27$2.27$2.7354%0.83$297.27
$300.00$305.00Sep 30$1.45$1.45$3.5568%0.41$301.45
$294.00$298.00Sep 14$1.90$1.90$2.1050%0.90$295.90
$300.00$305.00Sep 14$0.82$0.82$4.1877%0.20$300.82
$305.00$310.00Sep 30$0.78$0.78$4.2281%0.18$305.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$293.00$280.00Sep 14$2.41$2.41$10.5955%0.23$290.59
$293.00$292.00Aug 31$0.17$0.17$0.8371%0.20$292.83
$291.00$290.00Sep 1$0.12$0.12$0.8882%0.14$290.88
$292.00$291.00Sep 1$0.18$0.18$0.8273%0.22$291.82
$290.00$289.00Sep 2$0.11$0.11$0.8983%0.12$289.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.78, cheapest $0.49)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$294.00Aug 31Sep 1$0.5219.7%16.8%
$292.50Sep 4Sep 11$1.1517.5%15.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$294.00Aug 31Sep 1$0.4919.7%16.8%
$292.50Sep 4Sep 11$0.9817.5%15.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 315 found (cheapest 0.43% of stock, avg 3.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$294.00Aug 31$0.61$0.66$1.27$292.73$295.270.43%
$295.00Aug 31$0.22$1.27$1.49$293.51$296.490.51%
$293.00Aug 31$1.25$0.31$1.56$291.44$294.560.53%
$296.00Aug 31$0.07$2.13$2.20$293.80$298.200.75%
$292.00Aug 31$2.08$0.14$2.22$289.78$294.220.76%
$294.00Sep 1$1.13$1.15$2.28$291.72$296.280.78%
$295.00Sep 1$0.68$1.70$2.38$292.62$297.380.81%
$293.00Sep 1$1.74$0.76$2.50$290.50$295.500.85%
$296.00Sep 1$0.37$2.41$2.78$293.22$298.780.95%
$292.00Sep 1$2.44$0.49$2.93$289.07$294.931.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 339 found (cheapest 0.04% of stock, avg 1.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$296.00$291.00Aug 31$0.07$0.06$0.13$290.87$296.13
$298.00$289.00Sep 1$0.10$0.12$0.22$288.78$298.22
$296.00$292.00Aug 31$0.07$0.14$0.21$291.79$296.21
$298.00$290.00Sep 1$0.10$0.19$0.29$289.71$298.29
$297.00$289.00Sep 1$0.19$0.12$0.31$288.69$297.31
$295.00$291.00Aug 31$0.22$0.06$0.28$290.72$295.28
$295.00$292.00Aug 31$0.22$0.14$0.36$291.64$295.36
$297.00$290.00Sep 1$0.19$0.19$0.38$289.62$297.38
$298.00$291.00Sep 1$0.10$0.31$0.41$290.59$298.41
$298.00$289.00Sep 2$0.22$0.26$0.48$288.52$298.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 326 found (best R:R 1.38, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
288/288298/298Sep 11$0.29$0.2142%1.38$287.71$297.79
277/278299/300Sep 25$0.49$0.5151%0.96$277.51$299.49
279/280298/299Sep 18$0.49$0.5151%0.96$279.51$298.49
279/280299/300Sep 18$0.45$0.5554%0.82$279.55$299.45
280/281298/299Sep 18$0.50$0.5049%1.00$280.50$298.50
276/277299/300Sep 25$0.47$0.5352%0.89$276.53$299.47
284/285297/298Sep 10$0.47$0.5352%0.89$284.53$297.47
277/278300/301Sep 25$0.45$0.5554%0.82$277.55$300.45
275/276300/301Oct 2$0.48$0.5251%0.92$275.52$300.48
279/280300/301Oct 2$0.53$0.4746%1.13$279.47$300.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 175 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$275.00$280.00$285.00Sep 30$0.11$4.8916%44.45
$285.00$290.00$295.00Sep 30$0.63$4.3726%6.94
$280.00$285.00$290.00Sep 30$0.49$4.5121%9.20
$290.00$295.00$300.00Sep 30$0.75$4.2528%5.67
$293.00$294.00$295.00Aug 31$0.25$0.7547%3.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$280.00$285.00$290.00Sep 30$0.45$4.5520%10.11
$275.00$280.00$285.00Sep 30$0.30$4.7015%15.67
$285.00$290.00$295.00Sep 30$0.63$4.3725%6.94
$265.00$270.00$275.00Sep 30$0.13$4.877%37.46
$270.00$275.00$280.00Sep 30$0.22$4.7810%21.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 433 found (best net $-5.92, 420 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$262.00$275.001:2Aug 31-$5.92$7.08
$286.00$290.001:2Sep 2-$0.64$3.36
$285.00$289.001:2Sep 1-$1.11$2.89
$260.00$272.001:2Sep 4-$10.19$1.81
$295.00$300.001:2Sep 30-$0.57$4.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$295.00$294.001:2Aug 31-$0.05$0.95
$296.00$295.001:2Aug 31-$0.41$0.59
$284.00$280.001:2Sep 10-$0.09$3.91
$290.00$285.001:2Sep 30-$1.47$3.53
$295.00$290.001:2Sep 30-$2.20$2.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 179 found (best yield 2.10%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$295.00Oct 9$6.170.470.4%2.10%2.46%--36
$296.00Oct 9$5.650.450.7%1.92%2.62%--89
$297.00Oct 9$5.140.421.0%1.75%2.79%--29
$297.50Oct 9$4.900.411.2%1.67%2.88%--91
$298.00Oct 9$4.670.401.4%1.59%2.97%269
$299.00Oct 9$4.220.381.7%1.44%3.16%--55
$294.00Oct 2$5.960.490.0%2.03%2.05%--201
$300.00Oct 9$3.810.352.1%1.30%3.36%--82
$295.00Oct 2$5.420.470.4%1.84%2.20%3219
$296.00Oct 2$4.900.440.7%1.67%2.37%--74

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 29,194
Total Puts 76,195
Put/Call Ratio 2.61
Net Difference -47,001

Prior's Put/Call Breakdown

Total Calls 37,585
Total Puts 34,496
Put/Call Ratio 0.92
Net Difference 3,089

Prior 7-Day Put/Call Summary

Total Calls 2,935,559
Total Puts 5,200,631
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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