Tour v526
IWM
iShares Russell 2000 ETF
$295.43 +0.08%
9/4 15:15

Option Volume

Detail
Current (09/04 3:15pm) 924,198
Calls: 418,810 (45%)
Puts: 505,388 (55%)
Prior (09/03) 1,452,331
Calls: 483,413 (33%)
Puts: 968,918 (67%)
Current vs Prior -36.36%
Calls: -13.36% (Calls)
Puts: -47.84% (Puts)
Prior 7-Day Total 9,907,871
Calls: 3,363,452 (34%)
Puts: 6,544,419 (66%)
Prior 7-Day Average 1,415,410
Calls: 480,493 (34%)
Puts: 934,917 (66%)
Current vs Prior 7-Day Avg -34.70%
Calls: -12.84%
Puts: -45.94%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/04 3:15pm) $73.32M
Calls: $33.28M (45%)
Puts: $40.04M (55%)
Prior (09/03) $109.32M
Calls: $31.62M (29%)
Puts: $77.70M (71%)
Current vs Prior -32.93%
Calls: +5.24%
Puts: -48.47%
Prior 7-Day Total $1.11B
Calls: $284.10M (26%)
Puts: $823.98M (74%)
Prior 7-Day Average $158.30M
Calls: $40.59M (26%)
Puts: $117.71M (74%)
Current vs Prior 7-Day Avg -53.68%
Calls: -18.00%
Puts: -65.98%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/04 3:15pm) 1.21
Prior (09/03) 2.00
Current vs Prior -39.79%
Prior 7-Day Average 1.93
Current vs Prior 7-Day Avg -37.59%
Sentiment BEARISH

Open Interest

Detail
Current (09/04 3:15pm) 4,559,729
Calls: 1,327,019 (29%)
Puts: 3,232,710 (71%)
Prior (09/03) 4,756,414
Calls: 1,301,884 (27%)
Puts: 3,454,530 (73%)
Current vs Prior -4.14%
Prior 7-Day Total 27,813,051
Calls: 7,746,588 (28%)
Puts: 20,066,463 (72%)
Prior 7-Day Average 3,973,293
Calls: 1,106,655 (28%)
Puts: 2,866,637 (72%)
Current vs Prior 7-Day Avg +14.76%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/04) | Next (09/08)Expiry (09/04) | Next (09/09)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.42% | 0.89%0.42% | 1.10%0.42% | 1.66%2.02% | 4.67%
Prior 0.98% | 1.23%0.98% | 1.42%0.98% | 1.90%2.28% | 4.84%
Current vs Prior -56.63% | -27.88%-56.63% | -22.31%-56.63% | -12.71%-11.35% | -3.37%
Prior 7-Day Avg 0.90% | 1.21%0.63% | 1.27%1.18% | 2.14%3.02% | 5.16%
Current vs 7-Day Avg -52.91% | -26.82%-33.28% | -13.08%-64.03% | -22.25%-32.97% | -9.36%
Prior 7-Day Eod 0.98% | 1.23%0.98% | 1.42%0.98% | 1.90%2.28% | 4.84%
Current vs 7-Day Eod -56.63% | -27.88%-56.63% | -22.31%-56.63% | -12.71%-11.35% | -3.37%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.34% | 1.15%
Calls: 1.79% | 1.55%
Puts: 2.90% | 0.75%
Prior 3.44% | 1.65%
Calls: 3.15% | 1.78%
Puts: 3.73% | 1.52%
Current vs Prior -31.98% | -30.30%
Prior 7-Day Avg 7.61% | 2.93%
Calls: 7.05% | 3.31%
Puts: 8.17% | 2.55%
Current vs 7-Day Avg -69.24% | -60.75%
Liquidity Good
+
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🤖 AI Insights

Bearish P/C ratio of 1.21 indicates protective positioning. P/C ratio dropping 40% - sentiment shifting bullish. Put-heavy open interest (3,232,710 puts vs 1,327,019 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 NEUTRAL
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:15BEARISHBEARISHBEARISH
15:05BEARISHBEARISHBEARISH
15:00BEARISHBEARISHBEARISH
14:55BEARISHBEARISHBEARISH
14:50BEARISHBEARISHBEARISH
14:45BEARISHBEARISHBEARISH
14:40BEARISHBEARISHBEARISH
14:35BEARISHBEARISHBEARISH
14:30BEARISHBEARISHBEARISH
14:25BEARISHBEARISHBEARISH
14:20BEARISHBEARISHBEARISH
14:15BEARISHBEARISHBEARISH
14:10BEARISHBEARISHBEARISH
14:05BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BEARISHBEARISHBEARISH
13:50BEARISHBEARISHBEARISH
13:45BEARISHBEARISHBEARISH
13:40BEARISHBEARISHBEARISH
13:35BEARISHBEARISHBEARISH
13:30BEARISHBEARISHBEARISH
13:25BEARISHBEARISHBEARISH
13:20BEARISHBEARISHBEARISH
13:15BEARISHBEARISHBEARISH
13:10BEARISHBEARISHBEARISH
13:05BEARISHBEARISHBEARISH
12:10BULLISHNEUTRALMIXED
12:00BEARISHNEUTRALBEARISH
11:55BULLISHNEUTRALMIXED
11:50BULLISHNEUTRALMIXED
11:45BULLISHNEUTRALMIXED
11:40BULLISHNEUTRALMIXED
11:35BEARISHNEUTRALBEARISH
11:30BEARISHNEUTRALBEARISH
11:25BEARISHNEUTRALBEARISH
11:20BEARISHNEUTRALBEARISH
11:15BEARISHNEUTRALBEARISH
11:10BEARISHNEUTRALBEARISH
11:05BEARISHNEUTRALMIXED
11:00BEARISHNEUTRALMIXED
10:55BEARISHNEUTRALMIXED
10:50BEARISHBULLISHBULLISH
10:45BULLISHBULLISHBULLISH
10:40BULLISHBULLISHBULLISH
10:35BULLISHBULLISHBULLISH
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BEARISHBULLISHBULLISH
09:35BEARISHNEUTRALMIXED

📈 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 1,013 of results (avg 3.2%, best 0.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$264.00Sep 431.3531.47$31.410.4%271.002
$265.00Sep 430.3530.47$30.410.4%401.003
$238.00Sep 1157.4757.70$57.590.4%11.00--
$263.00Sep 432.3432.47$32.410.4%261.00--
$266.00Sep 429.3529.47$29.410.4%401.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$354.00Sep 458.4358.66$58.550.4%151.00--
$353.00Sep 457.4357.66$57.550.4%151.00--
$351.00Sep 455.4355.67$55.550.4%121.00--
$352.00Sep 456.4356.68$56.560.4%121.00--
$346.00Sep 450.4350.66$50.550.5%221.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 326 found (avg $0.38, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Sep 40.100.11$0.119.1%117.8K0.233.0K
$295.00Sep 40.560.57$0.561.8%65.6K0.714.2K
$299.00Sep 80.090.10$0.1010.0%1.7K0.081.3K
$300.00Sep 80.050.06$0.0616.7%1.8K0.058.3K
$298.00Sep 80.190.20$0.205.0%9.2K0.153.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$295.00Sep 40.140.15$0.156.7%129.0K0.3035.4K
$296.00Sep 40.680.70$0.692.9%33.0K0.774.6K
$291.00Sep 80.120.13$0.137.7%9000.092.4K
$292.00Sep 80.190.20$0.205.0%2.4K0.13646
$290.00Sep 80.080.09$0.0911.1%1.4K0.063.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 583 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$237.00Sep 458.3258.57$58.450.4%81.00--
$238.00Sep 457.3257.57$57.450.4%11.001
$239.00Sep 456.3256.57$56.450.4%81.00--
$240.00Sep 455.3255.57$55.450.5%391.0075
$241.00Sep 454.3254.57$54.450.5%151.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$343.00Sep 447.4347.66$47.550.5%191.00--
$344.00Sep 448.4348.68$48.560.5%191.00--
$345.00Sep 449.4349.68$49.560.5%221.00--
$346.00Sep 450.4350.66$50.550.5%221.00--
$347.00Sep 451.4351.68$51.560.5%111.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,135 active (total vol 920.7K, top 129.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$296.00Sep 40.100.11$0.119.1%117.8K0.233.0K
$295.00Sep 40.560.57$0.561.8%65.6K0.714.2K
$297.00Sep 40.020.03$0.0333.3%51.3K0.064.6K
$297.00Sep 80.400.41$0.412.4%21.9K0.261.5K
$302.00Sep 80.010.02$0.0250.0%13.8K0.01296
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$295.00Sep 40.140.15$0.156.7%129.0K0.3035.4K
$294.00Sep 40.030.04$0.0425.0%78.1K0.086.3K
$293.00Sep 40.010.02$0.0250.0%36.7K0.039.8K
$296.00Sep 40.680.70$0.692.9%33.0K0.774.6K
$295.00Sep 80.840.85$0.851.2%10.9K0.451.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 51.6%, max 63.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$295.00Sep 4Oct 1624.8%15.2%63.4%65.8K7.9K
$296.00Sep 4Oct 1625.2%18.0%39.8%117.9K3.9K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$295.00Sep 4Oct 1624.8%15.2%63.4%129.5K51.2K
$296.00Sep 4Oct 1625.2%18.0%39.8%33.0K5.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 387 found (best R:R 0.63, avg 3.98)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$276.00$279.00Oct 2$1.84$1.16$1.8491%0.63$277.84
$256.00$257.00Sep 30$0.36$0.64$0.36100%1.78$256.36
$275.00$276.00Oct 16$0.48$0.52$0.4887%1.08$275.48
$272.00$273.00Oct 16$0.61$0.39$0.6190%0.64$272.61
$277.00$278.00Oct 9$0.65$0.35$0.6587%0.54$277.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$300.00$295.00Sep 30$2.66$2.34$2.6666%0.88$297.34
$295.00$290.00Sep 30$1.79$3.21$1.7951%1.79$293.21
$290.00$285.00Sep 30$1.12$3.88$1.1235%3.46$288.88
$285.00$280.00Sep 30$0.69$4.31$0.6923%6.25$284.31
$280.00$275.00Sep 30$0.41$4.59$0.4115%11.20$279.59

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 282 found (best R:R 0.09, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$301.00$310.00Sep 16$0.77$0.77$8.2380%0.09$301.77
$300.00$305.00Sep 30$1.45$1.45$3.5566%0.41$301.45
$305.00$310.00Sep 30$0.74$0.74$4.2681%0.17$305.74
$303.00$310.00Sep 15$0.25$0.25$6.7590%0.04$303.25
$310.00$315.00Sep 30$0.30$0.30$4.7091%0.06$310.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$289.00$280.00Sep 14$0.50$0.50$8.5083%0.06$288.50
$295.00$294.00Sep 4$0.11$0.11$0.8970%0.12$294.89
$293.00$292.00Sep 8$0.13$0.13$0.8780%0.15$292.87
$293.00$292.50Sep 11$0.14$0.14$0.3667%0.39$292.86
$292.00$291.00Sep 9$0.12$0.12$0.8881%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. 456 found (cheapest 0.24% of stock, avg 4.37%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$295.00Sep 4$0.56$0.15$0.71$294.29$295.710.24%
$296.00Sep 4$0.11$0.69$0.80$295.20$296.800.27%
$294.00Sep 4$1.44$0.04$1.48$292.52$295.480.50%
$297.00Sep 4$0.03$1.60$1.63$295.37$298.630.55%
$296.00Sep 8$0.77$1.33$2.10$293.90$298.100.71%
$297.50Sep 4$0.02$2.10$2.12$295.38$299.620.72%
$295.00Sep 8$1.29$0.85$2.14$292.86$297.140.72%
$297.00Sep 8$0.41$1.97$2.38$294.62$299.380.81%
$293.00Sep 4$2.43$0.02$2.45$290.55$295.450.83%
$294.00Sep 8$1.97$0.53$2.50$291.50$296.500.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 344 found (cheapest 0.02% of stock, avg 1.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$297.00$294.00Sep 4$0.03$0.04$0.07$293.93$297.07
$296.00$294.00Sep 4$0.11$0.04$0.15$293.85$296.15
$297.00$295.00Sep 4$0.03$0.15$0.18$294.82$297.18
$299.00$291.00Sep 8$0.10$0.13$0.23$290.77$299.23
$296.00$295.00Sep 4$0.11$0.15$0.26$294.74$296.26
$299.00$292.00Sep 8$0.10$0.20$0.30$291.70$299.30
$298.00$291.00Sep 8$0.20$0.13$0.33$290.67$298.33
$298.00$292.00Sep 8$0.20$0.20$0.40$291.60$298.40
$300.00$291.00Sep 9$0.14$0.27$0.41$290.59$300.41
$299.00$291.00Sep 9$0.24$0.27$0.51$290.49$299.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 417 found (best R:R 0.92, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
275/276301/302Oct 9$0.48$0.5252%0.92$275.52$301.48
279/280300/301Oct 2$0.50$0.5049%1.00$279.50$300.50
277/278301/302Oct 9$0.49$0.5150%0.96$277.51$301.49
274/275303/304Oct 16$0.45$0.5554%0.82$274.55$303.45
275/276303/304Oct 16$0.46$0.5452%0.85$275.54$303.46
276/277303/304Oct 16$0.47$0.5351%0.89$276.53$303.47
281/282301/302Oct 9$0.54$0.4644%1.17$281.46$301.54
279/280301/302Oct 9$0.51$0.4947%1.04$279.49$301.51
278/279303/304Oct 16$0.49$0.5149%0.96$278.51$303.49
278/279300/301Oct 2$0.48$0.5250%0.92$278.52$300.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 204 found (best R:R 6.58, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$285.00$290.00$295.00Sep 30$0.66$4.3430%6.58
$290.00$295.00$300.00Sep 30$0.87$4.1332%4.75
$295.00$296.00$297.00Sep 4$0.37$0.6365%1.70
$294.00$295.00$296.00Sep 4$0.43$0.5770%1.33
$290.00$292.00$294.00Sep 16$0.17$1.8319%10.76
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$260.00$270.00$280.00Sep 17$0.19$9.817%51.63
$260.00$270.00$280.00Sep 16$0.16$9.846%61.50
$260.00$270.00$280.00Sep 15$0.09$9.914%110.11
$285.00$290.00$295.00Sep 30$0.67$4.3328%6.46
$280.00$285.00$290.00Sep 30$0.43$4.5720%10.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 438 found (best net $-5.47, 416 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$275.001:2Sep 8-$5.47$9.53
$295.00$300.001:2Sep 30-$0.32$4.68
$287.00$291.001:2Sep 15-$2.17$1.83
$283.00$288.001:2Sep 16-$3.55$1.45
$290.00$295.001:2Sep 30-$1.81$3.19
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$310.00$303.001:2Sep 10-$0.60$6.40
$305.00$301.001:2Sep 9-$1.65$2.35
$305.00$301.001:2Sep 14-$2.37$1.63
$300.00$295.001:2Sep 30-$2.15$2.85
$295.00$290.001:2Sep 30-$1.23$3.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 172 found (best yield 2.19%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$296.00Oct 16$6.470.480.2%2.19%2.38%77955
$297.00Oct 16$5.930.460.5%2.01%2.54%3101.5K
$298.00Oct 16$5.430.430.9%1.84%2.71%5913.3K
$299.00Oct 16$4.950.411.2%1.68%2.88%1053.6K
$300.00Oct 16$4.500.391.6%1.52%3.07%48619.6K
$301.00Oct 16$4.070.361.9%1.38%3.26%451.8K
$296.00Oct 9$5.660.480.2%1.92%2.11%42126
$302.00Oct 16$3.680.342.2%1.25%3.47%992.1K
$297.00Oct 9$5.120.450.5%1.73%2.26%3894
$297.50Oct 9$4.880.440.7%1.65%2.35%60145

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 418,810
Total Puts 505,388
Put/Call Ratio 1.21
Net Difference -86,578

Prior's Put/Call Breakdown

Total Calls 483,413
Total Puts 968,918
Put/Call Ratio 2.00
Net Difference -485,505

Prior 7-Day Put/Call Summary

Total Calls 3,363,452
Total Puts 6,544,419
Average Put/Call Ratio 1.93
Ratio Trend Falling

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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