Tour v309
PENN
PENN ENTMT INC
$20.36 -1.59%
$20.43 (+0.34%)🌙
as of 07/10 06:55 PM
7/10 18:55

Option Volume

Detail
Current (07/10) 332
Calls: 266 (80%)
Puts: 66 (20%)
Prior (07/09) 626
Calls: 510 (81%)
Puts: 116 (19%)
Current vs Prior -46.96%
Calls: -47.84% (Calls)
Puts: -43.10% (Puts)
Prior 7-Day Total 5,246
Calls: 3,694 (70%)
Puts: 1,552 (30%)
Prior 7-Day Average 749
Calls: 527 (70%)
Puts: 221 (30%)
Current vs Prior 7-Day Avg -55.70%
Calls: -49.59%
Puts: -70.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/10) $35.1K
Calls: $23.0K (66%)
Puts: $12.1K (34%)
Prior (07/09) $57.7K
Calls: $49.5K (86%)
Puts: $8.2K (14%)
Current vs Prior -39.23%
Calls: -53.56%
Puts: +47.66%
Prior 7-Day Total $684.8K
Calls: $509.5K (74%)
Puts: $175.2K (26%)
Prior 7-Day Average $97.8K
Calls: $72.8K (74%)
Puts: $25.0K (26%)
Current vs Prior 7-Day Avg -64.16%
Calls: -68.41%
Puts: -51.82%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/10) 0.25
Prior (07/09) 0.23
Current vs Prior +9.09%
Prior 7-Day Average 0.55
Current vs Prior 7-Day Avg -54.61%
Sentiment BULLISH

Open Interest

Detail
Current (07/10) 13,053
Calls: 11,074 (85%)
Puts: 1,979 (15%)
Prior (07/09) 17,151
Calls: 14,977 (87%)
Puts: 2,174 (13%)
Current vs Prior -23.89%
Prior 7-Day Total 126,448
Calls: 110,584 (87%)
Puts: 15,864 (13%)
Prior 7-Day Average 18,064
Calls: 15,797 (87%)
Puts: 2,266 (13%)
Current vs Prior 7-Day Avg -27.74%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 7.91% | 16.99%7.91% | 16.99%
Prior 8.46% | 17.54%8.46% | 17.54%
Current vs Prior -6.51% | -3.14%-6.51% | -3.14%
Prior 7-Day Avg 9.62% | 17.46%9.21% | 17.68%
Current vs 7-Day Avg -17.80% | -2.69%-14.11% | -3.88%
Prior 7-Day Eod 8.46% | 17.54%-- | --
Current vs 7-Day Eod -6.51% | -3.14%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.05% | 16.55%
Calls: 10.53% | 14.29%
Puts: 31.58% | 18.80%
Prior 21.05% | 16.55%
Calls: 10.53% | 14.29%
Puts: 31.58% | 18.80%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 21.05% | 16.55%
Calls: 10.53% | 14.29%
Puts: 31.58% | 18.80%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($23.0K). Below-average activity with volume down 47% vs prior. Extreme bullish P/C ratio of 0.25 - heavy call buying (266 calls vs 66 puts). Call-heavy open interest (11,074 calls vs 1,979 puts) suggests bullish positioning.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.88, cheapest $0.88)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Jul 170.800.95$0.8817.0%10.68--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 7 found (avg delta 0.76, highest 0.87)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$17.00Jul 172.304.50$3.4064.7%20.87--
$19.00Jul 170.352.15$1.25144.0%10.82--
$18.00Jul 171.153.30$2.2296.8%20.79--
$19.00Aug 212.152.45$2.3013.0%10.68--
$20.00Jul 170.650.80$0.7320.5%270.652.1K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.00Jul 170.553.10$1.83139.3%10.82--
$21.00Jul 170.800.95$0.8817.0%10.68--

Most actively traded options today. High liquidity = easy entry/exit. 20 active (total vol 181, top 42)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.00Aug 210.751.00$0.8828.4%420.37191
$20.00Jul 170.650.80$0.7320.5%270.652.1K
$22.00Jul 170.000.35$0.18194.4%200.204.6K
$21.00Jul 170.200.30$0.2540.0%170.33--
$25.00Jul 170.000.05$0.03166.7%150.03--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Aug 211.051.40$1.2328.5%200.4246
$16.00Jul 170.000.75$0.38197.4%20.13--
$17.00Jul 170.000.55$0.28196.4%20.14--
$20.00Jul 170.250.35$0.3033.3%10.361.7K
$21.00Jul 170.800.95$0.8817.0%10.68--

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 17.7%, max 41.6%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 17Aug 2176.8%54.3%41.6%26119
$19.00Jul 17Aug 2160.2%53.9%11.8%2--
$22.00Jul 17Aug 2160.2%54.5%10.5%624.8K
$23.00Jul 17Aug 2157.7%54.1%6.8%81.4K
PUTS (0)
No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 9 found (best R:R 6.69, avg 2.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$22.00$23.00Jul 17$0.13$0.87$0.136.69$22.13
$23.00$25.00Aug 21$0.32$1.68$0.325.25$23.32
$22.00$23.00Aug 21$0.28$0.72$0.282.57$22.28
$21.00$22.00Aug 21$0.35$0.65$0.351.86$21.35
$20.00$21.00Jul 17$0.48$0.52$0.481.08$20.48
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$20.00$15.00Aug 21$1.08$3.92$1.083.63$18.92
$21.00$20.00Jul 17$0.58$0.42$0.580.72$20.42

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 9 found (best R:R 1.38, avg 0.68)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$19.00$21.00Aug 21$1.07$1.07$0.931.15$20.07
$19.00$20.00Jul 17$0.52$0.52$0.481.08$19.52
$20.00$21.00Jul 17$0.48$0.48$0.520.92$20.48
$21.00$22.00Aug 21$0.35$0.35$0.650.54$21.35
$22.00$23.00Aug 21$0.28$0.28$0.720.39$22.28
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossR:RBE
$21.00$20.00Jul 17$0.58$0.58$0.421.38$20.42
$20.00$15.00Aug 21$1.08$1.08$3.920.28$18.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.74, cheapest $0.25)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.2576.8%54.3%
$23.00Jul 17Aug 21$0.5557.7%54.1%
$22.00Jul 17Aug 21$0.7060.2%54.5%
$21.00Jul 17Aug 21$0.9843.0%54.5%
$19.00Jul 17Aug 21$1.0560.2%53.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$20.00Jul 17Aug 21$0.9343.0%51.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 4 found (cheapest 5.06% of stock, avg 9.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$20.00Jul 17$0.73$0.30$1.03$18.97$21.035.06%
$21.00Jul 17$0.25$0.88$1.13$19.87$22.135.55%
$22.00Jul 17$0.18$1.83$2.01$19.99$24.019.87%
$17.00Jul 17$3.40$0.28$3.68$13.32$20.6818.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 17 found (cheapest 1.62% of stock, avg 4.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$23.00$17.00Jul 17$0.05$0.28$0.33$16.67$23.33
$23.00$20.00Jul 17$0.05$0.30$0.35$19.65$23.35
$23.00$16.00Jul 17$0.05$0.38$0.43$15.57$23.43
$25.00$15.00Aug 21$0.28$0.15$0.43$14.57$25.43
$22.00$17.00Jul 17$0.18$0.28$0.46$16.54$22.46
$22.00$20.00Jul 17$0.18$0.30$0.48$19.52$22.48
$21.00$17.00Jul 17$0.25$0.28$0.53$16.47$21.53
$21.00$20.00Jul 17$0.25$0.30$0.55$19.45$21.55
$22.00$16.00Jul 17$0.18$0.38$0.56$15.44$22.56
$21.00$16.00Jul 17$0.25$0.38$0.63$15.37$21.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.45, avg credit $1.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
20/2122/23Jul 17$0.71$0.292.45$20.29$22.71
15/2021/22Aug 21$1.43$3.570.40$18.57$22.43
15/2023/25Aug 21$1.40$3.600.39$18.60$24.40
15/2022/23Aug 21$1.36$3.640.37$18.64$23.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 5 found (best R:R 13.29, cheapest $0.07)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$21.00$22.00$23.00Aug 21$0.07$0.9313.29
$17.00$18.00$19.00Jul 17$0.21$0.793.76
$20.00$21.00$22.00Jul 17$0.41$0.591.44
$18.00$19.00$20.00Jul 17$0.45$0.551.22
PUTS (1)
LowMidHighExpiryDebitMax GainR:R
$20.00$21.00$22.00Jul 17$0.37$0.631.70

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 $-0.26, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$23.00$25.001:2Jul 17-$0.01$1.99
$19.00$21.001:2Aug 21-$0.16$1.84
$21.00$22.001:2Jul 17-$0.11$0.89
$19.00$20.001:2Jul 17-$0.21$0.79
$18.00$19.001:2Jul 17-$0.28$0.72
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$20.00$17.001:2Jul 17-$0.26$2.74
$17.00$16.001:2Jul 17-$0.48$0.52
$20.00$15.001:2Aug 21$0.93$4.07
$22.00$21.001:2Jul 17$0.07$0.93
$21.00$20.001:2Jul 17$0.28$0.72

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 5.16%, avg 2.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$21.00Aug 21$1.050.473.1%5.16%8.30%7645
$22.00Aug 21$0.750.378.1%3.68%11.74%42191
$23.00Aug 21$0.450.2813.0%2.21%15.18%4--
$21.00Jul 17$0.200.333.1%0.98%4.13%17--
$25.00Aug 21$0.150.1522.8%0.74%23.53%11119

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 266
Total Puts 66
Put/Call Ratio 0.25
Net Difference 200

Prior's Put/Call Breakdown

Total Calls 510
Total Puts 116
Put/Call Ratio 0.23
Net Difference 394

Prior 7-Day Put/Call Summary

Total Calls 3,694
Total Puts 1,552
Average Put/Call Ratio 0.55
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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