Tour v325
PENN
PENN ENTMT INC
$20.48 +0.59%
$20.85 (+1.81%)🌙
as of 07/13 06:53 PM
7/13 18:53

Option Volume

Detail
Current (07/13) 258
Calls: 230 (89%)
Puts: 28 (11%)
Prior (07/10) 332
Calls: 266 (80%)
Puts: 66 (20%)
Current vs Prior -22.29%
Calls: -13.53% (Calls)
Puts: -57.58% (Puts)
Prior 7-Day Total 4,655
Calls: 3,550 (76%)
Puts: 1,105 (24%)
Prior 7-Day Average 665
Calls: 507 (76%)
Puts: 157 (24%)
Current vs Prior 7-Day Avg -61.20%
Calls: -54.65%
Puts: -82.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $56.3K
Calls: $49.8K (89%)
Puts: $6.4K (11%)
Prior (07/10) $35.1K
Calls: $23.0K (66%)
Puts: $12.1K (34%)
Current vs Prior +60.52%
Calls: +116.73%
Puts: -46.66%
Prior 7-Day Total $656.1K
Calls: $501.6K (76%)
Puts: $154.5K (24%)
Prior 7-Day Average $93.7K
Calls: $71.7K (76%)
Puts: $22.1K (24%)
Current vs Prior 7-Day Avg -39.96%
Calls: -30.44%
Puts: -70.85%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.12
Prior (07/10) 0.25
Current vs Prior -50.94%
Prior 7-Day Average 0.40
Current vs Prior 7-Day Avg -69.82%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 16,784
Calls: 16,774 (100%)
Puts: 10 (0%)
Prior (07/10) 13,053
Calls: 11,074 (85%)
Puts: 1,979 (15%)
Current vs Prior +28.58%
Prior 7-Day Total 117,485
Calls: 100,234 (85%)
Puts: 17,251 (15%)
Prior 7-Day Average 16,783
Calls: 14,319 (85%)
Puts: 2,464 (15%)
Current vs Prior 7-Day Avg +0.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 7.52% | 16.89%7.52% | 16.89%
Prior 7.91% | 16.99%7.91% | 16.99%
Current vs Prior -4.91% | -0.59%-4.91% | -0.59%
Prior 7-Day Avg 9.30% | 17.30%8.95% | 17.54%
Current vs 7-Day Avg -19.13% | -2.32%-15.95% | -3.70%
Prior 7-Day Eod 7.91% | 16.99%7.91% | 16.99%
Current vs 7-Day Eod -4.91% | -0.59%-4.91% | -0.59%
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

Strong bullish conviction with 89% of dollar volume in calls ($49.8K) vs puts ($6.4K). Elevated premium activity with dollar volume up 61% vs prior. Extreme bullish P/C ratio of 0.12 - heavy call buying (230 calls vs 28 puts). P/C ratio dropping 51% - sentiment shifting bullish.

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 1 of results (avg 7.3%, best 7.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$15.00Jul 175.305.70$5.507.3%40.89478
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.77, cheapest $0.77)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Jul 170.700.85$0.7719.5%200.672.1K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Jul 170.700.85$0.7719.5%80.66--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 7 found (avg delta 0.82, highest 0.89)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$18.00Jul 171.553.40$2.4874.6%30.89--
$15.00Jul 175.305.70$5.507.3%40.89478
$16.00Aug 213.505.80$4.6549.5%120.87--
$16.00Jul 172.755.00$3.8858.0%120.87470
$17.00Jul 172.254.50$3.3866.6%100.86605
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Jul 170.700.85$0.7719.5%80.66--

Most actively traded options today. High liquidity = easy entry/exit. 19 active (total vol 196, top 51)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.00Jul 170.000.15$0.08187.5%510.134.6K
$23.00Aug 210.500.80$0.6546.2%250.3054
$20.00Jul 170.700.85$0.7719.5%200.672.1K
$22.00Aug 210.801.05$0.9326.9%150.38--
$21.00Jul 170.200.30$0.2540.0%130.345.1K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Jul 170.700.85$0.7719.5%80.66--
$16.00Aug 210.150.45$0.30100.0%60.1210
$16.00Jul 170.000.75$0.38197.4%20.13--
$20.00Jul 170.200.35$0.2853.6%10.33--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 122.2%, max 241.4%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$16.00Jul 17Aug 21239.6%70.2%241.4%24470
$25.00Jul 17Aug 21100.3%58.6%71.3%3--
$23.00Jul 17Aug 2188.9%57.3%55.3%2654
$22.00Jul 17Aug 2158.3%57.3%1.6%664.6K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$16.00Jul 17Aug 21239.6%70.2%241.4%810

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 7 found (best R:R 5.25, avg 2.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$23.00$25.00Aug 21$0.32$1.68$0.325.25$23.32
$21.00$22.00Jul 17$0.17$0.83$0.174.88$21.17
$22.00$23.00Aug 21$0.28$0.72$0.282.57$22.28
$21.00$22.00Aug 21$0.34$0.66$0.341.94$21.34
$16.00$17.00Jul 17$0.50$0.50$0.501.00$16.50
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$21.00$20.00Jul 17$0.49$0.51$0.491.04$20.51

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 9.00, avg 2.13)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$17.00$18.00Jul 17$0.90$0.90$0.109.00$17.90
$18.00$20.00Jul 17$1.71$1.71$0.295.90$19.71
$16.00$21.00Aug 21$3.38$3.38$1.622.09$19.38
$20.00$21.00Jul 17$0.52$0.52$0.481.08$20.52
$16.00$17.00Jul 17$0.50$0.50$0.501.00$16.50
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$21.00$20.00Jul 17$0.49$0.49$0.510.96$20.51

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.70, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.30100.3%58.6%
$23.00Jul 17Aug 21$0.5588.9%57.3%
$16.00Jul 17Aug 21$0.77239.6%70.2%
$22.00Jul 17Aug 21$0.8558.3%57.3%
$21.00Jul 17Aug 21$1.0253.7%57.0%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 4 found (cheapest 4.98% of stock, avg 13.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$21.00Jul 17$0.25$0.77$1.02$19.98$22.024.98%
$20.00Jul 17$0.77$0.28$1.05$18.95$21.055.13%
$16.00Jul 17$3.88$0.38$4.26$11.74$20.2620.80%
$16.00Aug 21$4.65$0.30$4.95$11.05$20.9524.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 11 found (cheapest 1.76% of stock, avg 3.49%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$22.00$20.00Jul 17$0.08$0.28$0.36$19.64$22.36
$23.00$20.00Jul 17$0.10$0.28$0.38$19.62$23.38
$22.00$16.00Jul 17$0.08$0.38$0.46$15.54$22.46
$23.00$16.00Jul 17$0.10$0.38$0.48$15.52$23.48
$21.00$20.00Jul 17$0.25$0.28$0.53$19.47$21.53
$21.00$16.00Jul 17$0.25$0.38$0.63$15.37$21.63
$25.00$16.00Aug 21$0.33$0.30$0.63$15.37$25.63
$26.00$16.00Aug 21$0.33$0.30$0.63$15.37$26.63
$23.00$16.00Aug 21$0.65$0.30$0.95$15.05$23.95
$22.00$16.00Aug 21$0.93$0.30$1.23$14.77$23.23

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 3 found (best R:R 15.67, cheapest $0.06)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$21.00$22.00$23.00Aug 21$0.06$0.9415.67
$21.00$22.00$23.00Jul 17$0.19$0.814.26
$20.00$21.00$22.00Jul 17$0.35$0.651.86
PUTS (0)
No puts found

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $-0.48, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$23.00$25.001:2Aug 21-$0.01$1.99
$22.00$23.001:2Jul 17-$0.12$0.88
$25.00$26.001:2Aug 21-$0.33$0.67
$22.00$23.001:2Aug 21-$0.37$0.63
$21.00$22.001:2Aug 21-$0.59$0.41
PUTS (2)
Buy KSell KRatioExpiryNetMax Gain
$20.00$16.001:2Jul 17-$0.48$3.52
$21.00$20.001:2Jul 17$0.21$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 5.62%, avg 2.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$21.00Aug 21$1.150.482.5%5.62%8.15%9650
$22.00Aug 21$0.800.387.4%3.91%11.33%15--
$23.00Aug 21$0.500.3012.3%2.44%14.75%2554
$21.00Jul 17$0.200.342.5%0.98%3.52%135.1K
$25.00Aug 21$0.200.1722.1%0.98%23.05%2--
$26.00Aug 21$0.150.1526.9%0.73%27.69%148

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 230
Total Puts 28
Put/Call Ratio 0.12
Net Difference 202

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 3,550
Total Puts 1,105
Average Put/Call Ratio 0.40
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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