Tour v334
PENN
PENN ENTMT INC
$20.18 -1.46%
7/14 19:18

Option Volume

Detail
Current (07/14) 1,075
Calls: 1,029 (96%)
Puts: 46 (4%)
Prior (07/13) 258
Calls: 230 (89%)
Puts: 28 (11%)
Current vs Prior +316.67%
Calls: +347.39% (Calls)
Puts: +64.29% (Puts)
Prior 7-Day Total 4,572
Calls: 3,529 (77%)
Puts: 1,043 (23%)
Prior 7-Day Average 653
Calls: 504 (77%)
Puts: 149 (23%)
Current vs Prior 7-Day Avg +64.59%
Calls: +104.11%
Puts: -69.13%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/14) $133.2K
Calls: $123.2K (93%)
Puts: $10.0K (7%)
Prior (07/13) $56.3K
Calls: $49.8K (89%)
Puts: $6.4K (11%)
Current vs Prior +136.64%
Calls: +147.20%
Puts: +54.81%
Prior 7-Day Total $665.2K
Calls: $514.6K (77%)
Puts: $150.6K (23%)
Prior 7-Day Average $95.0K
Calls: $73.5K (77%)
Puts: $21.5K (23%)
Current vs Prior 7-Day Avg +40.13%
Calls: +67.59%
Puts: -53.71%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/14) 0.04
Prior (07/13) 0.12
Current vs Prior -63.28%
Prior 7-Day Average 0.37
Current vs Prior 7-Day Avg -87.90%
Sentiment BULLISH

Open Interest

Detail
Current (07/14) 23,453
Calls: 21,134 (90%)
Puts: 2,319 (10%)
Prior (07/13) 16,784
Calls: 16,774 (100%)
Puts: 10 (0%)
Current vs Prior +39.73%
Prior 7-Day Total 121,269
Calls: 106,128 (88%)
Puts: 15,141 (12%)
Prior 7-Day Average 17,324
Calls: 15,161 (88%)
Puts: 2,163 (12%)
Current vs Prior 7-Day Avg +35.38%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 7.98% | 15.46%7.98% | 15.46%
Prior 7.52% | 16.89%7.52% | 16.89%
Current vs Prior +6.10% | -8.49%+6.10% | -8.49%
Prior 7-Day Avg 8.94% | 17.15%8.71% | 17.44%
Current vs 7-Day Avg -10.80% | -9.85%-8.39% | -11.32%
Prior 7-Day Eod 7.52% | 16.89%7.52% | 16.89%
Current vs 7-Day Eod +6.10% | -8.49%+6.10% | -8.49%
Sentiment BEARISHBEARISH

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 93% of dollar volume in calls ($123.2K) vs puts ($10.0K). Massive premium surge with dollar volume up 137% vs prior. Unusually high activity with volume up 317% vs prior - elevated interest. Extreme bullish P/C ratio of 0.04 - heavy call buying (1,029 calls vs 46 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 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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 14 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$16.00Jul 172.855.60$4.2265.2%41.00--
$16.00Aug 213.705.90$4.8045.8%30.89--
$15.00Jul 174.505.50$5.0020.0%90.87--
$17.00Aug 213.204.80$4.0040.0%20.861
$17.00Jul 172.403.40$2.9034.5%420.85605
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$26.00Jul 174.907.30$6.1039.3%10.97--
$25.00Jul 173.805.80$4.8041.7%10.93--
$22.00Aug 211.703.10$2.4058.3%10.67163
$21.00Aug 211.202.20$1.7058.8%40.5630

Most actively traded options today. High liquidity = easy entry/exit. 24 active (total vol 934, top 520)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Jul 170.400.65$0.5347.2%5200.632.1K
$21.00Aug 211.001.15$1.0813.9%1890.44654
$21.00Jul 170.050.20$0.13115.4%830.215.1K
$17.00Jul 172.403.40$2.9034.5%420.85605
$22.00Aug 210.550.85$0.7042.9%180.33241
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$19.00Aug 210.551.20$0.8873.9%110.3420
$20.00Jul 170.000.35$0.18194.4%50.461.7K
$21.00Aug 211.202.20$1.7058.8%40.5630
$19.00Jul 170.000.35$0.18194.4%20.21--
$25.00Jul 173.805.80$4.8041.7%10.93--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 115.5%, max 280.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$17.00Jul 17Aug 21201.6%53.0%280.7%44606
$18.00Jul 17Aug 21154.2%52.3%194.5%6562
$16.00Jul 17Aug 21134.1%61.7%117.2%7--
$23.00Jul 17Aug 21117.3%55.8%110.2%161.5K
$22.00Jul 17Aug 2182.1%54.3%51.2%294.8K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$19.00Jul 17Aug 2178.4%53.6%46.2%1320

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 6 found (best R:R 5.67, avg 2.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$23.00$25.00Aug 21$0.30$1.70$0.305.67$23.30
$22.00$23.00Aug 21$0.20$0.80$0.204.00$22.20
$20.00$21.00Aug 21$0.34$0.66$0.341.94$20.34
$21.00$22.00Aug 21$0.38$0.62$0.381.63$21.38
$20.00$21.00Jul 17$0.40$0.60$0.401.50$20.40
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$21.00$19.00Aug 21$0.82$1.18$0.821.44$20.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 12.16, avg 3.03)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$17.00$18.00Jul 17$0.90$0.90$0.109.00$17.90
$16.00$17.00Aug 21$0.80$0.80$0.204.00$16.80
$15.00$16.00Jul 17$0.78$0.78$0.223.55$15.78
$19.00$20.00Aug 21$0.75$0.75$0.253.00$19.75
$18.00$20.00Jul 17$1.47$1.47$0.532.77$19.47
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$20.00Jul 17$4.62$4.62$0.3812.16$20.38
$22.00$21.00Aug 21$0.70$0.70$0.302.33$21.30
$21.00$19.00Aug 21$0.82$0.82$1.180.69$20.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.77, cheapest $0.40)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$23.00Jul 17Aug 21$0.40117.3%55.8%
$16.00Jul 17Aug 21$0.58134.1%61.7%
$22.00Jul 17Aug 21$0.6282.1%54.3%
$20.00Jul 17Aug 21$0.8927.5%51.0%
$18.00Jul 17Aug 21$0.90154.2%52.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$19.00Jul 17Aug 21$0.7078.4%53.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 4 found (cheapest 3.52% of stock, avg 11.94%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$20.00Jul 17$0.53$0.18$0.71$19.29$20.713.52%
$21.00Aug 21$1.08$1.70$2.78$18.22$23.7813.78%
$19.00Aug 21$2.17$0.88$3.05$15.95$22.0515.11%
$22.00Aug 21$0.70$2.40$3.10$18.90$25.1015.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 10 found (cheapest 1.29% of stock, avg 3.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$22.00$20.00Jul 17$0.08$0.18$0.26$19.74$22.26
$22.00$19.00Jul 17$0.08$0.18$0.26$18.74$22.26
$23.00$20.00Jul 17$0.10$0.18$0.28$19.72$23.28
$23.00$19.00Jul 17$0.10$0.18$0.28$18.72$23.28
$21.00$20.00Jul 17$0.13$0.18$0.31$19.69$21.31
$21.00$19.00Jul 17$0.13$0.18$0.31$18.69$21.31
$25.00$19.00Aug 21$0.20$0.88$1.08$17.92$26.08
$23.00$19.00Aug 21$0.50$0.88$1.38$17.62$24.38
$22.00$19.00Aug 21$0.70$0.88$1.58$17.42$23.58
$21.00$19.00Aug 21$1.08$0.88$1.96$17.04$22.96

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.27, avg credit $1.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
19/2123/25Aug 21$1.12$0.881.27$19.88$24.12
19/2122/23Aug 21$1.02$0.981.04$19.98$23.02
21/2223/25Aug 21$1.00$1.001.00$21.00$24.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 13.29, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$21.00$22.00$23.00Jul 17$0.07$0.9313.29
$21.00$22.00$23.00Aug 21$0.18$0.824.56
$20.00$21.00$22.00Jul 17$0.35$0.651.86
$17.00$18.00$19.00Aug 21$0.37$0.631.70
$19.00$20.00$21.00Aug 21$0.41$0.591.44
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. 11 found (best net $-0.06, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$22.00$23.001:2Jul 17-$0.12$0.88
$22.00$23.001:2Aug 21-$0.30$0.70
$21.00$22.001:2Aug 21-$0.32$0.68
$19.00$20.001:2Aug 21-$0.67$0.33
$20.00$21.001:2Aug 21-$0.74$0.26
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$21.00$19.001:2Aug 21-$0.06$1.94
$20.00$19.001:2Jul 17-$0.18$0.82
$25.00$20.001:2Jul 17$4.44$0.56

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.96%, avg 2.60%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$21.00Aug 21$1.000.444.1%4.96%9.02%189654
$22.00Aug 21$0.550.339.0%2.73%11.74%18241
$23.00Aug 21$0.400.2514.0%1.98%15.96%1279
$25.00Aug 21$0.150.1223.9%0.74%24.63%1--

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 1,029
Total Puts 46
Put/Call Ratio 0.04
Net Difference 983

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 3,529
Total Puts 1,043
Average Put/Call Ratio 0.37
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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