Tour v526
NCLH
NORWEGIAN CRUISE LIN
$16.66 -3.95%
8/20 13:01

Option Volume

Detail
Current (08/20 1:00pm) 31,531
Calls: 11,159 (35%)
Puts: 20,372 (65%)
Prior --
Calls: 19,126 (66%)
Puts: 9,696 (34%)
Current vs Prior +0.00%
Calls: -41.66% (Calls)
Puts: +110.11% (Puts)
Prior 7-Day Total 159,664
Calls: 89,131 (56%)
Puts: 70,533 (44%)
Prior 7-Day Average 31,932
Calls: 12,733 (56%)
Puts: 10,076 (44%)
Current vs Prior 7-Day Avg -1.26%
Calls: -12.36%
Puts: +102.18%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/20 1:00pm) $4.82M
Calls: $731.4K (15%)
Puts: $4.09M (85%)
Prior --
Calls: $2.55M (70%)
Puts: $1.09M (30%)
Current vs Prior +0.00%
Calls: -71.32%
Puts: +274.95%
Prior 7-Day Total $15.58M
Calls: $9.17M (59%)
Puts: $6.41M (41%)
Prior 7-Day Average $3.12M
Calls: $1.31M (59%)
Puts: $916.2K (41%)
Current vs Prior 7-Day Avg +54.73%
Calls: -44.18%
Puts: +346.54%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/20 1:00pm) 1.83
Prior 1.00
Current vs Prior +82.56%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg +96.53%
Sentiment BEARISH

Open Interest

Detail
Current (08/20 1:00pm) 574,098
Calls: 310,402 (54%)
Puts: 263,696 (46%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 2,803,752
Calls: 1,454,472 (52%)
Puts: 1,349,280 (48%)
Prior 7-Day Average 560,750
Calls: 290,894 (52%)
Puts: 269,856 (48%)
Current vs Prior 7-Day Avg +2.38%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 4.08% | 6.78%4.08% | 10.20%
Prior 9.78% | 11.49%14.14% | 17.66%
Current vs Prior -58.25% | -40.95%-71.14% | -42.20%
Prior 7-Day Avg 5.30% | 9.98%12.73% | 16.13%
Current vs 7-Day Avg -22.99% | -32.05%-67.94% | -36.74%
Prior 7-Day Eod 9.78% | 11.49%4.33% | 9.92%
Current vs 7-Day Eod -58.25% | -40.95%-5.63% | +2.87%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 36.71% | 9.11%
Calls: 57.14% | 11.76%
Puts: 16.28% | 6.45%
Prior 45.03% | 26.66%
Calls: 19.51% | 17.76%
Puts: 70.54% | 35.56%
Current vs Prior -18.48% | -65.83%
Prior 7-Day Avg 47.93% | 10.84%
Calls: 39.67% | 9.13%
Puts: 56.19% | 12.54%
Current vs 7-Day Avg -23.41% | -15.92%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 85% of dollar volume in puts ($4.09M) vs calls ($731.4K). Dollar volume significantly above 7-day average (55% higher). Extreme bearish P/C ratio of 1.83 - heavy put buying. P/C ratio rising 83% - increased hedging/bearish positioning.

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 BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:05BULLISHBULLISHBULLISH
13:00BEARISHBEARISHBEARISH

📈 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 18 of results (avg 7.1%, best 4.1%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$16.00Sep 181.161.24$1.206.7%340.66504
$18.00Sep 180.340.37$0.368.3%7740.292.0K
$16.00Aug 280.820.90$0.869.3%150.7416
$17.00Sep 180.680.75$0.729.7%6820.472.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$16.00Sep 180.480.50$0.494.1%4760.343.7K
$18.00Sep 111.541.61$1.584.4%70.75486
$17.00Sep 110.840.89$0.875.7%120.563.4K
$18.00Sep 251.681.78$1.735.8%--0.6986
$19.00Sep 182.432.58$2.516.0%2.5K0.845.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.59, cheapest $0.43)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$16.50Aug 280.480.54$0.5111.8%7850.5711
$17.00Sep 40.420.47$0.4411.4%5640.426
$16.00Aug 280.820.90$0.869.3%150.7416
$16.50Sep 40.620.72$0.6714.9%1060.5518
$18.00Sep 180.340.37$0.368.3%7740.292.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$17.00Aug 210.390.46$0.4316.3%6220.751.5K
$16.50Aug 280.330.37$0.3511.4%6400.43235
$17.50Aug 210.830.92$0.8810.2%1260.921.6K
$17.00Aug 280.600.64$0.626.5%2550.61598
$16.00Sep 40.290.34$0.3215.6%910.32104

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 44 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Aug 212.322.79$2.5518.4%--1.0012
$15.00Aug 211.421.71$1.5718.5%361.0067
$15.50Aug 210.851.22$1.0335.9%211.002
$16.00Aug 210.550.90$0.7347.9%440.9666
$14.00Sep 112.603.05$2.8315.9%--0.9311
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$19.00Aug 212.312.56$2.4410.2%890.981.5K
$18.50Aug 211.812.25$2.0321.7%110.981.4K
$19.00Aug 282.292.57$2.4311.5%110.96504
$18.00Aug 211.311.57$1.4418.1%1230.963.3K
$19.50Aug 212.793.25$3.0215.2%60.96237

Most actively traded options today. High liquidity = easy entry/exit. 86 active (total vol 16.7K, top 2.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$17.00Aug 210.060.09$0.0837.5%1.1K0.24179
$16.50Aug 280.480.54$0.5111.8%7850.5711
$18.00Sep 180.340.37$0.368.3%7740.292.0K
$18.00Aug 210.000.02$0.01200.0%7630.048.0K
$18.00Sep 110.220.28$0.2524.0%7190.25125
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$19.00Sep 182.432.58$2.516.0%2.5K0.845.4K
$15.00Sep 180.200.24$0.2218.2%9990.1815.9K
$16.50Aug 210.100.15$0.1338.5%7180.39193
$16.50Aug 280.330.37$0.3511.4%6400.43235
$17.00Aug 210.390.46$0.4316.3%6220.751.5K

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 18.9%, max 24.0%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$17.00Aug 21Oct 256.9%45.9%24.0%1.2K258
$16.50Aug 21Sep 448.9%43.0%13.8%29468
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$17.00Aug 21Oct 256.9%45.9%24.0%6491.7K
$16.50Aug 21Sep 448.9%43.0%13.8%776265

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 40 found (best R:R 4.00, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$15.50$16.00Aug 21$0.30$0.20$0.30100%0.67$15.80
$16.00$17.00Sep 18$0.48$0.52$0.4866%1.08$16.48
$16.00$17.00Oct 2$0.51$0.49$0.5163%0.96$16.51
$16.00$17.00Sep 25$0.52$0.48$0.5264%0.92$16.52
$17.00$18.00Oct 2$0.36$0.64$0.3648%1.78$17.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$19.00$18.50Sep 4$0.10$0.40$0.1086%4.00$18.90
$17.00$16.50Aug 21$0.30$0.20$0.3075%0.67$16.70
$17.00$16.50Sep 4$0.26$0.24$0.2658%0.92$16.74
$17.00$16.50Aug 28$0.27$0.23$0.2762%0.85$16.73
$16.50$16.00Aug 28$0.17$0.33$0.1743%1.94$16.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 0.49, avg 0.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$17.00$18.00Sep 18$0.36$0.36$0.6453%0.56$17.36
$18.00$19.00Sep 18$0.19$0.19$0.8171%0.23$18.19
$17.50$18.00Sep 4$0.11$0.11$0.3970%0.28$17.61
$18.00$19.00Sep 11$0.14$0.14$0.8675%0.16$18.14
$17.00$17.50Aug 28$0.13$0.13$0.3762%0.35$17.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$16.00$15.00Oct 2$0.33$0.33$0.6763%0.49$15.67
$16.00$15.00Sep 25$0.30$0.30$0.7064%0.43$15.70
$16.00$15.00Sep 18$0.27$0.27$0.7366%0.37$15.73
$15.00$14.00Oct 2$0.19$0.19$0.8177%0.23$14.81
$16.00$15.00Sep 11$0.24$0.24$0.7667%0.32$15.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.24, cheapest $0.22)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$16.50Aug 21Aug 28$0.2648.9%42.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$16.50Aug 21Aug 28$0.2248.9%42.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 31 found (cheapest 2.28% of stock, avg 8.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$16.50Aug 21$0.25$0.13$0.38$16.12$16.882.28%
$17.00Aug 21$0.08$0.43$0.51$16.49$17.513.06%
$16.00Aug 21$0.73$0.02$0.75$15.25$16.754.50%
$16.50Aug 28$0.51$0.35$0.86$15.64$17.365.16%
$17.50Aug 21$0.02$0.88$0.90$16.60$18.405.40%
$17.00Aug 28$0.28$0.62$0.90$16.10$17.905.40%
$15.50Aug 21$1.03$0.01$1.04$14.46$16.546.24%
$16.00Aug 28$0.86$0.18$1.04$14.96$17.046.24%
$17.50Aug 28$0.15$0.99$1.14$16.36$18.646.84%
$16.50Sep 4$0.67$0.52$1.19$15.31$17.697.14%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 77 found (cheapest 0.24% of stock, avg 3.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$17.50$16.00Aug 21$0.02$0.02$0.04$15.96$17.54
$18.50$15.00Aug 28$0.04$0.04$0.08$14.92$18.58
$19.50$15.00Aug 28$0.07$0.04$0.11$14.89$19.61
$17.00$16.00Aug 21$0.08$0.02$0.10$15.90$17.10
$18.50$15.50Aug 28$0.04$0.08$0.12$15.38$18.62
$18.00$15.00Aug 28$0.08$0.04$0.12$14.88$18.12
$19.50$15.50Aug 28$0.07$0.08$0.15$15.35$19.65
$18.00$15.50Aug 28$0.08$0.08$0.16$15.34$18.16
$19.00$14.00Sep 11$0.11$0.06$0.17$13.83$19.17
$17.50$16.50Aug 21$0.02$0.13$0.15$16.35$17.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 1.00, avg credit $0.35)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
16/1618/18Sep 4$0.25$0.2538%1.00$15.75$17.75
14/1518/19Oct 2$0.42$0.5844%0.72$14.58$18.42
14/1518/19Sep 11$0.24$0.7660%0.32$14.76$18.24
15/1618/19Sep 18$0.46$0.5437%0.85$15.54$18.46
14/1518/19Sep 25$0.34$0.6649%0.52$14.66$18.34
15/1618/19Sep 11$0.38$0.6242%0.61$15.62$18.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 49 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$16.00$17.00$18.00Sep 18$0.12$0.8837%7.33
$16.50$17.00$17.50Aug 21$0.11$0.3955%3.55
$17.00$18.00$19.00Sep 11$0.14$0.8631%6.14
$17.00$18.00$19.00Sep 25$0.14$0.8628%6.14
$16.00$17.00$18.00Oct 2$0.15$0.8529%5.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$16.00$16.50$17.00Aug 21$0.19$0.3166%1.63
$15.00$16.00$17.00Oct 2$0.13$0.8729%6.69
$16.00$17.00$18.00Sep 25$0.16$0.8433%5.25
$16.00$17.00$18.00Sep 18$0.19$0.8137%4.26
$16.50$17.00$17.50Aug 21$0.15$0.3554%2.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.19, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$15.00$16.001:2Sep 4-$0.19$0.81
$14.00$15.001:2Aug 21-$0.59$0.41
$17.00$18.001:2Sep 18$0.00$1.00
$16.00$17.001:2Sep 18-$0.24$0.76
$16.00$17.001:2Sep 25-$0.24$0.76
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$18.00$17.001:2Sep 11-$0.16$0.84
$17.00$16.001:2Sep 18$0.00$1.00
$18.00$17.001:2Sep 18-$0.30$0.70
$17.00$16.001:2Sep 25-$0.10$0.90
$16.00$15.001:2Oct 2-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 4.80%, avg 1.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$17.00Oct 2$0.800.482.0%4.80%6.84%9779
$18.00Oct 2$0.490.348.0%2.94%10.98%33257
$17.00Sep 18$0.680.472.0%4.08%6.12%6822.1K
$17.00Sep 25$0.670.462.0%4.02%6.06%304
$18.00Sep 25$0.360.318.0%2.16%10.20%276
$19.00Oct 2$0.240.2214.1%1.44%15.49%267
$18.00Sep 18$0.340.298.0%2.04%10.08%7742.0K
$17.00Sep 11$0.480.442.0%2.88%4.92%1041
$19.00Sep 25$0.180.1814.1%1.08%15.13%22446
$17.00Sep 4$0.420.422.0%2.52%4.56%5646

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 11,159
Total Puts 20,372
Put/Call Ratio 1.83
Net Difference -9,213

Prior's Put/Call Breakdown

Total Calls 19,126
Total Puts 9,696
Put/Call Ratio 1.00
Net Difference 9,430

Prior 7-Day Put/Call Summary

Total Calls 89,131
Total Puts 70,533
Average Put/Call Ratio 0.93
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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