Tour v344
LNC
LINCOLN NATL CORP IN
$41.88 +2.25%
$42.17 (+0.69%)🌙
as of 07/16 06:42 PM
7/16 18:42

Option Volume

Detail
Current (07/16) 625
Calls: 418 (67%)
Puts: 207 (33%)
Prior (07/15) 1,164
Calls: 624 (54%)
Puts: 540 (46%)
Current vs Prior -46.31%
Calls: -33.01% (Calls)
Puts: -61.67% (Puts)
Prior 7-Day Total 19,775
Calls: 15,605 (79%)
Puts: 4,170 (21%)
Prior 7-Day Average 2,825
Calls: 2,229 (79%)
Puts: 595 (21%)
Current vs Prior 7-Day Avg -77.88%
Calls: -81.25%
Puts: -65.25%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $144.2K
Calls: $110.1K (76%)
Puts: $34.1K (24%)
Prior (07/15) $313.8K
Calls: $163.2K (52%)
Puts: $150.6K (48%)
Current vs Prior -54.04%
Calls: -32.55%
Puts: -77.35%
Prior 7-Day Total $8.81M
Calls: $8.18M (93%)
Puts: $625.6K (7%)
Prior 7-Day Average $1.26M
Calls: $1.17M (93%)
Puts: $89.4K (7%)
Current vs Prior 7-Day Avg -88.54%
Calls: -90.58%
Puts: -61.83%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.50
Prior (07/15) 0.87
Current vs Prior -42.78%
Prior 7-Day Average 0.62
Current vs Prior 7-Day Avg -20.36%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 16,490
Calls: 13,158 (80%)
Puts: 3,332 (20%)
Prior (07/15) 16,770
Calls: 12,979 (77%)
Puts: 3,791 (23%)
Current vs Prior -1.67%
Prior 7-Day Total 116,788
Calls: 88,227 (76%)
Puts: 28,561 (24%)
Prior 7-Day Average 16,684
Calls: 12,603 (76%)
Puts: 4,080 (24%)
Current vs Prior 7-Day Avg -1.16%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 2.29% | 9.15%2.29% | 9.15%
Prior 3.32% | 10.08%3.32% | 10.08%
Current vs Prior -30.96% | -9.30%-30.96% | -9.30%
Prior 7-Day Avg 4.15% | 10.22%4.15% | 10.22%
Current vs 7-Day Avg -44.78% | -10.53%-44.78% | -10.53%
Prior 7-Day Eod 3.32% | 10.08%3.32% | 10.08%
Current vs 7-Day Eod -30.96% | -9.30%-30.96% | -9.30%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 38.72% | 17.69%
Calls: 52.08% | 21.43%
Puts: 25.36% | 13.95%
Prior 38.72% | 17.69%
Calls: 52.08% | 21.43%
Puts: 25.36% | 13.95%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 38.72% | 17.69%
Calls: 52.08% | 21.43%
Puts: 25.36% | 13.95%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($110.1K) vs puts ($34.1K). Light premium activity with dollar volume down 54% vs prior. Below-average activity with volume down 46% vs prior. Extreme bullish P/C ratio of 0.50 - heavy call buying (418 calls vs 207 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 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 3 of results (avg 9.2%, best 8.9%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Aug 211.601.75$1.688.9%800.47618
$40.00Aug 213.003.30$3.159.5%70.67854
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Aug 212.052.25$2.159.3%20.533

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.80, cheapest $0.80)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 210.750.85$0.8012.5%380.28186
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 10 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 2111.0012.90$11.9515.9%11.00--
$30.00Jul 1710.8012.70$11.7516.2%10.99--
$37.50Jul 173.904.50$4.2014.3%10.92--
$40.00Jul 171.552.00$1.7825.3%590.882.2K
$37.50Aug 214.405.70$5.0525.7%20.83--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Jul 175.406.70$6.0521.5%161.00--
$42.50Jul 170.601.15$0.8862.5%20.8326
$45.00Jul 172.754.00$3.3837.0%160.83--
$42.50Aug 212.052.25$2.159.3%20.533

Most actively traded options today. High liquidity = easy entry/exit. 19 active (total vol 285, top 80)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Aug 211.601.75$1.688.9%800.47618
$40.00Jul 171.552.00$1.7825.3%590.882.2K
$45.00Aug 210.750.85$0.8012.5%380.28186
$42.50Jul 170.000.15$0.08187.5%330.20540
$47.50Aug 210.300.40$0.3528.6%130.15--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 172.754.00$3.3837.0%160.83--
$47.50Jul 175.406.70$6.0521.5%161.00--
$40.00Aug 211.051.35$1.2025.0%50.33379
$35.00Aug 210.200.30$0.2540.0%40.09161
$37.50Aug 210.450.55$0.5020.0%30.17272

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 238.6%, max 429.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$30.00Jul 17Aug 21301.2%56.9%429.7%2--
$37.50Jul 17Aug 21162.1%39.5%310.7%3--
$40.00Jul 17Aug 2180.8%39.0%107.0%663.0K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$40.00Jul 17Aug 2180.8%39.0%107.0%6379

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 8 found (best R:R 24.00, avg 5.81)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$45.00$47.50Aug 21$0.45$2.05$0.454.56$45.45
$42.50$45.00Aug 21$0.88$1.62$0.881.84$43.38
$40.00$42.50Aug 21$1.47$1.03$1.470.70$41.47
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$32.50Aug 21$0.10$2.40$0.1024.00$34.90
$37.50$35.00Aug 21$0.25$2.25$0.259.00$37.25
$40.00$37.50Aug 21$0.70$1.80$0.702.57$39.30
$42.50$40.00Jul 17$0.78$1.72$0.782.21$41.72
$42.50$40.00Aug 21$0.95$1.55$0.951.63$41.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 11.50, avg 1.87)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$30.00$37.50Aug 21$6.90$6.90$0.6011.50$36.90
$37.50$40.00Aug 21$1.90$1.90$0.603.17$39.40
$40.00$42.50Jul 17$1.70$1.70$0.802.12$41.70
$40.00$42.50Aug 21$1.47$1.47$1.031.43$41.47
$42.50$45.00Aug 21$0.88$0.88$1.620.54$43.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$42.50$40.00Aug 21$0.95$0.95$1.550.61$41.55
$42.50$40.00Jul 17$0.78$0.78$1.720.45$41.72
$40.00$37.50Aug 21$0.70$0.70$1.800.39$39.30
$37.50$35.00Aug 21$0.25$0.25$2.250.11$37.25
$35.00$32.50Aug 21$0.10$0.10$2.400.04$34.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.07, cheapest $0.20)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$30.00Jul 17Aug 21$0.20301.2%56.9%
$37.50Jul 17Aug 21$0.85162.1%39.5%
$40.00Jul 17Aug 21$1.3780.8%39.0%
$42.50Jul 17Aug 21$1.6031.7%37.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Jul 17Aug 21$1.1080.8%39.0%
$42.50Jul 17Aug 21$1.2731.7%37.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 5 found (cheapest 2.29% of stock, avg 7.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$42.50Jul 17$0.08$0.88$0.96$41.54$43.462.29%
$40.00Jul 17$1.78$0.10$1.88$38.12$41.884.49%
$42.50Aug 21$1.68$2.15$3.83$38.67$46.339.15%
$40.00Aug 21$3.15$1.20$4.35$35.65$44.3510.39%
$37.50Aug 21$5.05$0.50$5.55$31.95$43.0513.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 10 found (cheapest 0.43% of stock, avg 3.47%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$42.50$40.00Jul 17$0.08$0.10$0.18$39.82$42.68
$47.50$35.00Aug 21$0.35$0.25$0.60$34.40$48.10
$47.50$37.50Aug 21$0.35$0.50$0.85$36.65$48.35
$45.00$35.00Aug 21$0.80$0.25$1.05$33.95$46.05
$45.00$37.50Aug 21$0.80$0.50$1.30$36.20$46.30
$47.50$40.00Aug 21$0.35$1.20$1.55$38.45$49.05
$42.50$35.00Aug 21$1.68$0.25$1.93$33.07$44.43
$45.00$40.00Aug 21$0.80$1.20$2.00$38.00$47.00
$42.50$37.50Aug 21$1.68$0.50$2.18$35.32$44.68
$42.50$40.00Aug 21$1.68$1.20$2.88$37.12$45.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 4.00, avg credit $1.28)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
32/3538/40Aug 21$2.00$0.504.00$33.00$39.50
35/3840/42Aug 21$1.72$0.782.21$35.78$41.72
38/4042/45Aug 21$1.58$0.921.72$38.42$44.08
32/3540/42Aug 21$1.57$0.931.69$33.43$41.57
40/4245/48Aug 21$1.40$1.101.27$41.10$46.40
38/4045/48Aug 21$1.15$1.350.85$38.85$46.15
35/3842/45Aug 21$1.13$1.370.82$36.37$43.63
32/3542/45Aug 21$0.98$1.520.64$34.02$43.48
35/3845/48Aug 21$0.70$1.800.39$36.80$45.70
32/3545/48Aug 21$0.55$1.950.28$34.45$45.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 15.67, cheapest $0.15)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.43$2.074.81
$42.50$45.00$47.50Aug 21$0.43$2.074.81
$40.00$42.50$45.00Aug 21$0.59$1.913.24
$37.50$40.00$42.50Jul 17$0.72$1.782.47
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$32.50$35.00$37.50Aug 21$0.15$2.3515.67
$42.50$45.00$47.50Jul 17$0.17$2.3313.71
$37.50$40.00$42.50Aug 21$0.25$2.259.00
$35.00$37.50$40.00Aug 21$0.45$2.054.56
$40.00$42.50$45.00Jul 17$1.72$0.780.45

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 15 found (best net $--, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$42.501:2Aug 21-$0.21$2.29
$37.50$40.001:2Aug 21-$1.25$1.25
$30.00$37.501:2Aug 21$1.85$5.65
$30.00$37.501:2Jul 17$3.35$4.15
$42.50$45.001:2Aug 21$0.08$2.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$37.50$35.001:2Aug 21$0.00$2.50
$35.00$32.501:2Aug 21-$0.05$2.45
$42.50$40.001:2Aug 21-$0.25$2.25
$47.50$45.001:2Jul 17-$0.71$1.79
$40.00$37.501:2Aug 21$0.20$2.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 3.82%, avg 2.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$42.50Aug 21$1.600.471.5%3.82%5.30%80618
$45.00Aug 21$0.750.287.5%1.79%9.24%38186
$47.50Aug 21$0.300.1513.4%0.72%14.14%13--

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
Total Puts 207
Put/Call Ratio 0.50
Net Difference 211

Prior's Put/Call Breakdown

Total Calls 624
Total Puts 540
Put/Call Ratio 0.87
Net Difference 84

Prior 7-Day Put/Call Summary

Total Calls 15,605
Total Puts 4,170
Average Put/Call Ratio 0.62
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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