Tour v526
PSX
PHILLIPS 66
$236.90 -2.09%
$236.43 (-0.20%)🌙
as of 08/25 06:04 PM
8/25 18:04

Option Volume

Detail
Current (08/25) 2,991
Calls: 1,136 (38%)
Puts: 1,855 (62%)
Prior (08/21) 3,306
Calls: 1,716 (52%)
Puts: 1,590 (48%)
Current vs Prior -9.53%
Calls: -33.80% (Calls)
Puts: +16.67% (Puts)
Prior 7-Day Total 82,421
Calls: 72,227 (88%)
Puts: 10,194 (12%)
Prior 7-Day Average 11,774
Calls: 10,318 (88%)
Puts: 1,456 (12%)
Current vs Prior 7-Day Avg -74.60%
Calls: -88.99%
Puts: +27.38%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/25) $1.69M
Calls: $685.5K (40%)
Puts: $1.01M (60%)
Prior (08/21) $4.31M
Calls: $2.19M (51%)
Puts: $2.12M (49%)
Current vs Prior -60.68%
Calls: -68.63%
Puts: -52.48%
Prior 7-Day Total $322.56M
Calls: $316.10M (98%)
Puts: $6.45M (2%)
Prior 7-Day Average $46.08M
Calls: $45.16M (98%)
Puts: $922.0K (2%)
Current vs Prior 7-Day Avg -96.33%
Calls: -98.48%
Puts: +9.24%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/25) 1.63
Prior (08/21) 0.93
Current vs Prior +76.23%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg +264.22%
Sentiment BEARISH

Open Interest

Detail
Current (08/25) 74,269
Calls: 37,687 (51%)
Puts: 36,582 (49%)
Prior (08/21) 76,711
Calls: 38,121 (50%)
Puts: 38,590 (50%)
Current vs Prior -3.18%
Prior 7-Day Total 534,710
Calls: 280,601 (52%)
Puts: 254,109 (48%)
Prior 7-Day Average 76,387
Calls: 40,085 (52%)
Puts: 36,301 (48%)
Current vs Prior 7-Day Avg -2.77%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 3.63% | 5.51%7.91% | 13.49%
Prior 4.28% | 6.22%1.17% | 10.31%
Current vs Prior -15.22% | -11.40%+574.45% | +30.76%
Prior 7-Day Avg 3.34% | 5.31%3.23% | 10.43%
Current vs 7-Day Avg +8.81% | +3.67%+144.82% | +29.35%
Prior 7-Day Eod 4.28% | 6.22%1.17% | 10.31%
Current vs 7-Day Eod -15.22% | -11.40%+574.45% | +30.76%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 21.12% | 13.50%
Calls: 21.74% | 8.82%
Puts: 20.51% | 18.18%
Prior 72.58% | 19.30%
Calls: 84.46% | 12.17%
Puts: 60.71% | 26.42%
Current vs Prior -70.90% | -30.05%
Prior 7-Day Avg 94.88% | 20.17%
Calls: 46.52% | 13.75%
Puts: 143.25% | 26.60%
Current vs 7-Day Avg -77.74% | -33.07%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 61% vs prior. Extreme bearish P/C ratio of 1.63 - heavy put buying. P/C ratio rising 76% - 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

📈 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 5 of results (avg 7.8%, best 5.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 441.2043.50$42.355.4%--0.9377
$190.00Sep 1846.1049.60$47.857.3%--0.9646
$195.00Sep 1841.3044.70$43.007.9%--0.95125
$200.00Sep 1836.7039.90$38.308.4%140.97582
$205.00Sep 431.1034.30$32.709.8%--0.9013
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. 33 found (avg delta 0.74, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1836.7039.90$38.308.4%140.97582
$190.00Sep 1846.1049.60$47.857.3%--0.9646
$195.00Sep 1841.3044.70$43.007.9%--0.95125
$195.00Sep 441.2043.50$42.355.4%--0.9377
$210.00Sep 1827.5030.50$29.0010.3%--0.91590
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 2811.5014.40$12.9522.4%80.9410
$275.00Sep 2536.6040.70$38.6510.6%--0.8810
$260.00Sep 1822.5026.30$24.4015.6%--0.8210
$247.50Aug 289.0012.10$10.5529.4%20.816
$260.00Oct 224.0028.00$26.0015.4%--0.7630

Most actively traded options today. High liquidity = easy entry/exit. 70 active (total vol 894, top 78)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Sep 43.705.90$4.8045.8%780.4521
$270.00Sep 180.651.20$0.9359.1%770.09737
$235.00Aug 283.806.60$5.2053.8%750.62168
$250.00Aug 280.100.85$0.48156.2%500.11164
$250.00Sep 41.252.35$1.8061.1%500.2245
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 184.505.80$5.1525.2%340.34192
$220.00Sep 182.102.90$2.5032.0%290.19206
$230.00Aug 280.351.65$1.00130.0%280.20205
$222.50Sep 182.803.40$3.1019.4%270.2330
$232.50Aug 280.753.40$2.08127.4%260.31192

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 17.6%, max 50.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$247.50Aug 28Sep 1155.3%36.8%50.4%81.0K
$235.00Aug 28Sep 2542.2%34.7%21.8%76180
$230.00Aug 28Sep 2542.9%35.4%21.4%21153
$245.00Aug 28Oct 241.5%37.6%10.5%33150
$240.00Aug 28Sep 2540.8%37.5%8.7%30105
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$232.50Aug 28Sep 449.1%36.5%34.8%26244
$235.00Aug 28Sep 2542.2%34.7%21.8%350
$230.00Aug 28Sep 2542.9%35.4%21.4%28215
$242.50Aug 28Sep 440.2%36.5%9.9%663
$240.00Aug 28Sep 2540.8%37.5%8.7%1773

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 75 found (best R:R 4.56, avg 3.65)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$240.00$242.50Sep 18$0.45$2.05$0.4547%4.56$240.45
$230.00$240.00Sep 11$5.30$4.70$5.3068%0.89$235.30
$225.00$230.00Sep 25$3.05$1.95$3.0572%0.64$228.05
$255.00$260.00Sep 18$0.60$4.40$0.6024%7.33$255.60
$270.00$280.00Sep 18$0.28$9.72$0.289%34.71$270.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$235.00$232.50Aug 28$0.34$2.16$0.3438%6.35$234.66
$210.00$205.00Sep 25$0.20$4.80$0.2012%24.00$209.80
$225.00$220.00Sep 11$0.62$4.38$0.6223%7.06$224.38
$230.00$225.00Sep 18$1.30$3.70$1.3034%2.85$228.70
$240.00$237.50Aug 28$1.30$1.20$1.3062%0.92$238.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 57 found (best R:R 0.35, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$247.50$250.00Aug 28$0.90$0.90$1.6079%0.56$248.40
$247.50$250.00Sep 11$1.20$1.20$1.3068%0.92$248.70
$250.00$252.50Sep 4$0.82$0.82$1.6878%0.49$250.82
$267.50$270.00Sep 18$0.62$0.62$1.8887%0.33$268.12
$242.50$245.00Sep 18$1.30$1.30$1.2057%1.08$243.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$205.00$200.00Sep 4$1.30$1.30$3.7090%0.35$203.70
$205.00$200.00Aug 28$0.98$0.98$4.0292%0.24$204.02
$222.50$220.00Aug 28$1.02$1.02$1.4886%0.69$221.48
$217.50$215.00Aug 28$0.77$0.77$1.7388%0.45$216.73
$222.50$220.00Sep 4$0.90$0.90$1.6082%0.56$221.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $2.15, cheapest $1.37)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$235.00Aug 28Sep 4$2.0542.2%38.3%
$240.00Aug 28Sep 4$2.4040.8%37.7%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$232.50Aug 28Sep 4$1.3749.1%36.5%
$235.00Aug 28Sep 4$2.3342.2%38.3%
$240.00Aug 28Sep 4$2.3540.8%37.7%
$237.50Aug 28Sep 4$2.4040.3%37.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 2.93% of stock, avg 6.45%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$237.50Aug 28$3.55$3.40$6.95$230.55$244.452.93%
$240.00Aug 28$2.40$4.70$7.10$232.90$247.103.00%
$235.00Aug 28$5.20$2.42$7.62$227.38$242.623.22%
$242.50Aug 28$1.53$6.40$7.93$234.57$250.433.35%
$232.50Aug 28$6.70$2.08$8.78$223.72$241.283.71%
$230.00Aug 28$8.45$1.00$9.45$220.55$239.453.99%
$240.00Sep 4$4.80$7.05$11.85$228.15$251.855.00%
$247.50Aug 28$1.38$10.55$11.93$235.57$259.435.04%
$235.00Sep 4$7.25$4.75$12.00$223.00$247.005.07%
$242.50Sep 4$3.65$8.65$12.30$230.20$254.805.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 125 found (cheapest 0.85% of stock, avg 3.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$245.00$230.00Aug 28$1.02$1.00$2.02$227.98$247.02
$245.00$222.50Aug 28$1.02$1.15$2.17$220.33$247.17
$262.50$230.00Aug 28$1.25$1.00$2.25$227.75$264.75
$247.50$230.00Aug 28$1.38$1.00$2.38$227.62$249.88
$262.50$222.50Aug 28$1.25$1.15$2.40$220.10$264.90
$247.50$222.50Aug 28$1.38$1.15$2.53$219.97$250.03
$242.50$230.00Aug 28$1.53$1.00$2.53$227.47$245.03
$255.00$225.00Sep 4$1.58$1.50$3.08$221.92$258.08
$242.50$222.50Aug 28$1.53$1.15$2.68$219.82$245.18
$255.00$220.00Sep 11$1.48$1.83$3.31$216.69$258.31

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 78 found (best R:R 3.31, avg credit $1.69)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
220/222248/250Aug 28$1.92$0.5864%3.31$220.58$249.42
215/218248/250Aug 28$1.67$0.8367%2.01$215.83$249.17
220/222250/252Sep 4$1.72$0.7861%2.21$220.78$251.72
230/232248/250Aug 28$1.98$0.5248%3.81$230.52$249.48
215/218250/252Sep 4$1.52$0.9867%1.55$215.98$251.52
220/222252/255Aug 28$1.27$1.2376%1.03$221.23$253.77
225/228248/250Sep 11$2.13$0.3740%5.76$225.37$249.63
200/205250/252Sep 4$2.12$2.8868%0.74$202.88$252.12
215/218252/255Aug 28$1.02$1.4879%0.69$216.48$253.52
228/230248/250Sep 11$2.07$0.4335%4.81$227.93$249.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 5.90, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$230.00$240.00Sep 18$1.45$8.5534%5.90
$225.00$230.00$235.00Sep 25$0.05$4.9515%99.00
$245.00$250.00$255.00Sep 25$0.10$4.9014%49.00
$225.00$230.00$235.00Sep 4$0.60$4.4024%7.33
$235.00$240.00$245.00Sep 25$0.35$4.6515%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$235.00$240.00$245.00Sep 18$0.25$4.7518%19.00
$210.00$215.00$220.00Sep 25$0.20$4.8010%24.00
$230.00$235.00$240.00Sep 18$0.50$4.5019%9.00
$210.00$215.00$220.00Sep 18$0.25$4.7510%19.00
$235.00$237.50$240.00Aug 28$0.32$2.1823%6.81

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 86 found (best net $-1.00, 73 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$240.001:2Sep 11-$1.25$8.75
$230.00$240.001:2Sep 18-$1.55$8.45
$220.00$230.001:2Sep 18-$5.85$4.15
$260.00$270.001:2Sep 25-$0.57$9.43
$250.00$255.001:2Sep 11-$0.46$4.54
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$245.001:2Sep 18-$1.00$14.00
$247.50$242.501:2Aug 28-$2.25$2.75
$230.00$225.001:2Sep 4-$0.37$4.63
$230.00$227.501:2Aug 28-$0.04$2.46
$200.00$195.001:2Sep 25-$0.20$4.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 3.08%, avg 1.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$245.00Oct 2$7.300.433.4%3.08%6.50%14
$245.00Sep 25$6.100.413.4%2.57%5.99%520
$240.00Sep 25$7.700.481.3%3.25%4.56%131
$250.00Sep 25$4.300.345.5%1.82%7.34%171
$240.00Sep 18$6.900.471.3%2.91%4.22%44692
$245.00Sep 18$4.900.393.4%2.07%5.49%--20
$242.50Sep 18$5.600.432.4%2.36%4.73%122
$255.00Sep 25$2.800.277.6%1.18%8.82%125
$250.00Sep 18$3.600.305.5%1.52%7.05%17408
$260.00Sep 25$2.050.229.8%0.87%10.62%--13

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 1,136
Total Puts 1,855
Put/Call Ratio 1.63
Net Difference -719

Prior's Put/Call Breakdown

Total Calls 1,716
Total Puts 1,590
Put/Call Ratio 0.93
Net Difference 126

Prior 7-Day Put/Call Summary

Total Calls 72,227
Total Puts 10,194
Average Put/Call Ratio 0.45
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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