Tour v340
PENN
PENN ENTMT INC
$21.12 +4.66%
$21.19 (+0.33%)🌙
as of 07/15 06:59 PM
7/15 18:59

Option Volume

Detail
Current (07/15) 1,324
Calls: 1,268 (96%)
Puts: 56 (4%)
Prior (07/14) 1,075
Calls: 1,029 (96%)
Puts: 46 (4%)
Current vs Prior +23.16%
Calls: +23.23% (Calls)
Puts: +21.74% (Puts)
Prior 7-Day Total 5,097
Calls: 4,070 (80%)
Puts: 1,027 (20%)
Prior 7-Day Average 728
Calls: 581 (80%)
Puts: 146 (20%)
Current vs Prior 7-Day Avg +81.83%
Calls: +118.08%
Puts: -61.83%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $227.9K
Calls: $218.0K (96%)
Puts: $9.9K (4%)
Prior (07/14) $133.2K
Calls: $123.2K (93%)
Puts: $10.0K (7%)
Current vs Prior +71.14%
Calls: +76.94%
Puts: -0.57%
Prior 7-Day Total $694.2K
Calls: $544.6K (78%)
Puts: $149.6K (22%)
Prior 7-Day Average $99.2K
Calls: $77.8K (78%)
Puts: $21.4K (22%)
Current vs Prior 7-Day Avg +129.80%
Calls: +180.20%
Puts: -53.66%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.04
Prior (07/14) 0.04
Current vs Prior -1.21%
Prior 7-Day Average 0.36
Current vs Prior 7-Day Avg -87.64%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 23,621
Calls: 21,845 (92%)
Puts: 1,776 (8%)
Prior (07/14) 23,453
Calls: 21,134 (90%)
Puts: 2,319 (10%)
Current vs Prior +0.72%
Prior 7-Day Total 126,296
Calls: 109,793 (87%)
Puts: 16,503 (13%)
Prior 7-Day Average 18,042
Calls: 15,684 (87%)
Puts: 2,357 (13%)
Current vs Prior 7-Day Avg +30.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 8.29% | 16.86%8.29% | 16.86%
Prior 7.98% | 15.46%7.98% | 15.46%
Current vs Prior +3.86% | +9.02%+3.86% | +9.02%
Prior 7-Day Avg 8.60% | 17.15%8.60% | 17.15%
Current vs 7-Day Avg -3.70% | -1.73%-3.70% | -1.73%
Prior 7-Day Eod 7.98% | 15.46%7.98% | 15.46%
Current vs 7-Day Eod +3.86% | +9.02%+3.86% | +9.02%
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 96% of dollar volume in calls ($218.0K) vs puts ($9.9K). Elevated premium activity with dollar volume up 71% vs prior. Dollar volume significantly above 7-day average (130% higher). Volume explosion - 82% above 7-day average (1,324 vs avg 728).

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 3.3%, best 3.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Aug 211.501.55$1.533.3%1160.53703
PUTS (0)
No puts meet the criteria

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. 10 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Jul 170.951.20$1.0823.1%3101.002.2K
$15.00Aug 214.706.60$5.6533.6%21.00--
$15.00Jul 174.906.20$5.5523.4%40.92469
$16.00Jul 174.006.00$5.0040.0%80.91455
$17.00Jul 172.754.30$3.5343.9%150.90563
PUTS (0)
No puts meet the criteria

Most actively traded options today. High liquidity = easy entry/exit. 19 active (total vol 914, top 324)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$21.00Jul 170.300.60$0.4566.7%3240.495.1K
$20.00Jul 170.951.20$1.0823.1%3101.002.2K
$21.00Aug 211.501.55$1.533.3%1160.53703
$22.00Jul 170.000.35$0.18194.4%330.224.6K
$25.00Aug 210.250.40$0.3345.5%310.18130
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$20.00Jul 170.000.15$0.08187.5%160.161.7K
$21.00Aug 211.251.65$1.4527.6%20.46--
$17.00Aug 210.100.65$0.38144.7%10.14--

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 202.5%, max 467.5%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$15.00Jul 17Aug 21387.3%68.2%467.5%6469
$19.00Jul 17Aug 21167.5%55.5%202.0%61.0K
$22.00Jul 17Aug 2195.8%53.0%80.6%344.6K
$21.00Jul 17Aug 2187.1%54.5%59.9%4405.8K
PUTS (0)
No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 3.00, avg 1.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$18.00$19.00Jul 17$0.25$0.75$0.253.00$18.25
$21.00$22.00Jul 17$0.27$0.73$0.272.70$21.27
$22.00$23.00Aug 21$0.30$0.70$0.302.33$22.30
$23.00$24.00Aug 21$0.30$0.70$0.302.33$23.30
$20.00$21.00Aug 21$0.45$0.55$0.451.22$20.45
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$21.00$17.00Aug 21$1.07$2.93$1.072.74$19.93

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 7.33, avg 1.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$17.00$18.00Jul 17$0.88$0.88$0.127.33$17.88
$15.00$19.00Aug 21$2.67$2.67$1.332.01$17.67
$20.00$21.00Jul 17$0.63$0.63$0.371.70$20.63
$15.00$16.00Jul 17$0.55$0.55$0.451.22$15.55
$21.00$22.00Aug 21$0.53$0.53$0.471.13$21.53
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$21.00$17.00Aug 21$1.07$1.07$2.930.37$19.93

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.70, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$15.00Jul 17Aug 21$0.10387.3%68.2%
$19.00Jul 17Aug 21$0.58167.5%55.5%
$22.00Jul 17Aug 21$0.8295.8%53.0%
$20.00Jul 17Aug 21$0.9055.1%57.6%
$21.00Jul 17Aug 21$1.0887.1%54.5%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 2 found (cheapest 5.49% of stock, avg 9.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$20.00Jul 17$1.08$0.08$1.16$18.84$21.165.49%
$21.00Aug 21$1.53$1.45$2.98$18.02$23.9814.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 10 found (cheapest 1.23% of stock, avg 6.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$22.00$20.00Jul 17$0.18$0.08$0.26$19.74$22.26
$21.00$20.00Jul 17$0.45$0.08$0.53$19.47$21.53
$25.00$17.00Aug 21$0.33$0.38$0.71$16.29$25.71
$24.00$17.00Aug 21$0.40$0.38$0.78$16.22$24.78
$23.00$17.00Aug 21$0.70$0.38$1.08$15.92$24.08
$22.00$17.00Aug 21$1.00$0.38$1.38$15.62$23.38
$25.00$21.00Aug 21$0.33$1.45$1.78$19.22$26.78
$24.00$21.00Aug 21$0.40$1.45$1.85$19.15$25.85
$23.00$21.00Aug 21$0.70$1.45$2.15$18.85$25.15
$22.00$21.00Aug 21$1.00$1.45$2.45$18.55$24.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 0.52, avg credit $1.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
17/2122/23Aug 21$1.37$2.630.52$19.63$23.37
17/2123/24Aug 21$1.37$2.630.52$19.63$24.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 3.35, cheapest $0.23)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$21.00$22.00$23.00Aug 21$0.23$0.773.35
$23.00$24.00$25.00Aug 21$0.23$0.773.35
$20.00$21.00$22.00Jul 17$0.36$0.641.78
$19.00$20.00$21.00Aug 21$0.55$0.450.82
$16.00$17.00$18.00Jul 17$0.59$0.410.69
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. 10 found (best net $-0.31, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$15.00$19.001:2Aug 21-$0.31$3.69
$23.00$24.001:2Aug 21-$0.10$0.90
$24.00$25.001:2Aug 21-$0.26$0.74
$22.00$23.001:2Aug 21-$0.40$0.60
$21.00$22.001:2Aug 21-$0.47$0.53
PUTS (1)
Buy KSell KRatioExpiryNetMax Gain
$21.00$17.001:2Aug 21$0.69$3.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.26%, avg 2.31%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$22.00Aug 21$0.900.424.2%4.26%8.43%1--
$23.00Aug 21$0.600.338.9%2.84%11.74%891
$25.00Aug 21$0.250.1818.4%1.18%19.55%31130
$24.00Aug 21$0.200.2213.6%0.95%14.58%2449

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 1,268
Total Puts 56
Put/Call Ratio 0.04
Net Difference 1,212

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 4,070
Total Puts 1,027
Average Put/Call Ratio 0.36
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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