Tour v526
PSX
PHILLIPS 66
$239.81 -1.00%
$243.50 (+1.54%)🌙
as of 08/27 06:04 PM
8/27 18:04

Option Volume

Detail
Current (08/27) 2,813
Calls: 1,305 (46%)
Puts: 1,508 (54%)
Prior (08/26) 2,431
Calls: 1,692 (70%)
Puts: 739 (30%)
Current vs Prior +15.71%
Calls: -22.87% (Calls)
Puts: +104.06% (Puts)
Prior 7-Day Total 75,844
Calls: 65,456 (86%)
Puts: 10,388 (14%)
Prior 7-Day Average 10,834
Calls: 9,350 (86%)
Puts: 1,484 (14%)
Current vs Prior 7-Day Avg -74.04%
Calls: -86.04%
Puts: +1.62%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/27) $1.33M
Calls: $898.7K (67%)
Puts: $435.3K (33%)
Prior (08/26) $3.69M
Calls: $3.32M (90%)
Puts: $367.2K (10%)
Current vs Prior -63.81%
Calls: -72.92%
Puts: +18.53%
Prior 7-Day Total $310.70M
Calls: $304.37M (98%)
Puts: $6.33M (2%)
Prior 7-Day Average $44.39M
Calls: $43.48M (98%)
Puts: $904.3K (2%)
Current vs Prior 7-Day Avg -96.99%
Calls: -97.93%
Puts: -51.87%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/27) 1.16
Prior (08/26) 0.44
Current vs Prior +164.57%
Prior 7-Day Average 0.67
Current vs Prior 7-Day Avg +72.65%
Sentiment BEARISH

Open Interest

Detail
Current (08/27) 77,187
Calls: 38,978 (50%)
Puts: 38,209 (50%)
Prior (08/26) 76,185
Calls: 38,223 (50%)
Puts: 37,962 (50%)
Current vs Prior +1.32%
Prior 7-Day Total 526,295
Calls: 267,116 (51%)
Puts: 259,179 (49%)
Prior 7-Day Average 75,185
Calls: 38,159 (51%)
Puts: 37,025 (49%)
Current vs Prior 7-Day Avg +2.66%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 2.46% | 4.80%7.65% | 13.14%
Prior 3.26% | 5.26%7.93% | 13.31%
Current vs Prior -24.43% | -8.89%-3.46% | -1.34%
Prior 7-Day Avg 3.35% | 5.32%4.18% | 11.07%
Current vs 7-Day Avg -26.37% | -9.92%+83.00% | +18.61%
Prior 7-Day Eod 3.26% | 5.26%7.93% | 13.31%
Current vs 7-Day Eod -24.43% | -8.89%-3.46% | -1.34%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 80.15% | 20.66%
Calls: 57.78% | 19.47%
Puts: 102.52% | 21.85%
Prior 42.00% | 16.89%
Calls: 35.71% | 16.39%
Puts: 48.28% | 17.39%
Current vs Prior +90.83% | +22.32%
Prior 7-Day Avg 66.16% | 17.80%
Calls: 41.59% | 12.87%
Puts: 90.73% | 22.73%
Current vs 7-Day Avg +21.15% | +16.07%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($898.7K). Light premium activity with dollar volume down 64% vs prior. Slightly bearish P/C ratio of 1.16. P/C ratio rising 165% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 7 of results (avg 8.3%, best 6.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 1844.3047.40$45.856.8%10.97125
$195.00Sep 443.8047.10$45.457.3%70.9477
$205.00Sep 433.9036.50$35.207.4%--0.9212
$200.00Sep 1839.3042.60$40.958.1%10.96578
$205.00Sep 1834.6037.80$36.208.8%50.95--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Sep 1820.6022.70$21.659.7%--0.8010

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. 36 found (avg delta 0.74, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 1844.3047.40$45.856.8%10.97125
$200.00Sep 1839.3042.60$40.958.1%10.96578
$230.00Aug 288.8012.20$10.5032.4%--0.9599
$205.00Sep 1834.6037.80$36.208.8%50.95--
$195.00Sep 443.8047.10$45.457.3%70.9477
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Sep 2533.5037.70$35.6011.8%--0.8810
$260.00Sep 1820.6022.70$21.659.7%--0.8010
$260.00Oct 222.0025.10$23.5513.2%300.7430
$242.50Aug 281.904.50$3.2081.2%340.6949
$250.00Sep 1812.9015.00$13.9515.1%30.669

Most actively traded options today. High liquidity = easy entry/exit. 78 active (total vol 1.1K, top 253)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Sep 182.002.60$2.3026.1%2530.20777
$242.50Aug 280.901.50$1.2050.0%770.36173
$250.00Aug 280.000.95$0.48197.9%740.12278
$250.00Sep 184.005.10$4.5524.2%310.34415
$247.50Sep 184.706.00$5.3524.3%260.385
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 280.000.30$0.15200.0%690.05206
$242.50Aug 281.904.50$3.2081.2%340.6949
$260.00Oct 222.0025.10$23.5513.2%300.7430
$240.00Sep 43.505.80$4.6549.5%290.474
$230.00Sep 183.504.30$3.9020.5%280.29204

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 50.0%, max 212.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$255.00Aug 28Oct 2114.8%36.8%212.2%12226
$240.00Aug 28Sep 2549.4%34.6%42.8%13194
$235.00Aug 28Sep 2549.6%35.0%41.8%16158
$237.50Aug 28Sep 450.7%37.0%37.1%529
$225.00Sep 4Sep 2548.7%35.6%37.1%142
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$232.50Aug 28Sep 1873.1%34.4%112.2%4233
$235.00Aug 28Oct 949.6%34.3%44.5%2762
$240.00Aug 28Sep 2549.4%34.6%42.8%1690
$237.50Aug 28Sep 450.7%37.0%37.1%2560
$242.50Aug 28Sep 1841.4%36.7%12.9%5050

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 83 found (best R:R 15.67, avg 6.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$270.00$280.00Oct 2$0.60$9.40$0.6018%15.67$270.60
$255.00$262.50Sep 11$0.47$7.03$0.4721%14.96$255.47
$260.00$265.00Sep 25$0.45$4.55$0.4523%10.11$260.45
$237.50$240.00Aug 28$1.03$1.47$1.0370%1.43$238.53
$230.00$240.00Sep 11$6.10$3.90$6.1075%0.64$236.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$230.00$225.00Sep 4$0.17$4.83$0.1721%28.41$229.83
$225.00$220.00Sep 11$0.20$4.80$0.2018%24.00$224.80
$242.50$240.00Aug 28$1.07$1.43$1.0769%1.34$241.43
$210.00$205.00Sep 25$0.12$4.88$0.1211%40.67$209.88
$220.00$215.00Sep 11$0.30$4.70$0.3014%15.67$219.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 65 found (best R:R 0.25, avg 0.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$262.50$265.00Aug 28$0.63$0.63$1.8787%0.34$263.13
$240.00$242.50Aug 28$1.55$1.55$0.9545%1.63$241.55
$247.50$250.00Sep 4$0.98$0.98$1.5269%0.64$248.48
$255.00$260.00Sep 25$1.47$1.47$3.5370%0.42$256.47
$265.00$270.00Sep 25$0.93$0.93$4.0780%0.23$265.93
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$205.00$200.00Aug 28$1.00$1.00$4.0092%0.25$204.00
$225.00$217.50Sep 4$1.30$1.30$6.2083%0.21$223.70
$217.50$215.00Aug 28$0.75$0.75$1.7589%0.43$216.75
$222.50$220.00Aug 28$0.70$0.70$1.8088%0.39$221.80
$232.50$230.00Aug 28$0.68$0.68$1.8283%0.37$231.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $2.53, cheapest $2.52)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$240.00Aug 28Sep 4$2.7049.4%34.9%
$242.50Aug 28Sep 4$2.9041.4%35.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$240.00Aug 28Sep 4$2.5249.4%34.9%
$237.50Aug 28Sep 4$2.6050.7%37.0%
$242.50Aug 28Sep 4$3.2041.4%35.1%
$245.00Sep 18Sep 25$1.2536.6%36.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 1.83% of stock, avg 6.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$242.50Aug 28$1.20$3.20$4.40$238.10$246.901.83%
$240.00Aug 28$2.75$2.13$4.88$235.12$244.882.03%
$237.50Aug 28$3.78$1.20$4.98$232.52$242.482.08%
$235.00Aug 28$6.00$0.55$6.55$228.45$241.552.73%
$232.50Aug 28$8.20$0.83$9.03$223.47$241.533.77%
$240.00Sep 4$5.45$4.65$10.10$229.90$250.104.21%
$242.50Sep 4$4.10$6.40$10.50$232.00$253.004.38%
$230.00Aug 28$10.50$0.15$10.65$219.35$240.654.44%
$237.50Sep 4$6.85$3.80$10.65$226.85$248.154.44%
$235.00Sep 4$8.25$3.15$11.40$223.60$246.404.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 133 found (cheapest 0.46% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$245.00$235.00Aug 28$0.55$0.55$1.10$233.90$246.10
$245.00$232.50Aug 28$0.55$0.83$1.38$231.12$246.38
$262.50$235.00Aug 28$1.08$0.55$1.63$233.37$264.13
$260.00$235.00Aug 28$1.10$0.55$1.65$233.35$261.65
$245.00$227.50Aug 28$0.55$1.10$1.65$225.85$246.65
$255.00$235.00Aug 28$1.18$0.55$1.73$233.27$256.73
$245.00$237.50Aug 28$0.55$1.20$1.75$235.75$246.75
$260.00$232.50Aug 28$1.10$0.83$1.93$230.57$261.93
$262.50$232.50Aug 28$1.08$0.83$1.91$230.59$264.41
$255.00$232.50Aug 28$1.18$0.83$2.01$230.49$257.01

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 97 found (best R:R 1.23, avg credit $1.52)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
215/218262/265Aug 28$1.38$1.1277%1.23$216.12$263.88
220/222262/265Aug 28$1.33$1.1775%1.14$221.17$263.83
225/228262/265Aug 28$1.30$1.2072%1.08$226.20$263.80
200/205262/265Aug 28$1.63$3.3779%0.48$203.37$264.13
230/232262/265Aug 28$1.31$1.1970%1.10$231.19$263.81
215/218250/252Aug 28$1.03$1.4777%0.70$216.47$251.03
220/222250/252Aug 28$0.98$1.5275%0.64$221.52$250.98
200/205250/252Aug 28$1.28$3.7280%0.34$203.72$251.28
225/228250/252Aug 28$0.95$1.5572%0.61$226.55$250.95
215/218245/248Aug 28$1.00$1.5070%0.67$216.50$246.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 41 found (best R:R 16.86, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$240.00$245.00$250.00Sep 11$0.53$4.4722%8.43
$242.50$245.00$247.50Sep 18$0.05$2.459%49.00
$230.00$232.50$235.00Aug 28$0.10$2.4012%24.00
$245.00$250.00$255.00Sep 11$0.49$4.5119%9.20
$235.00$240.00$245.00Sep 25$0.40$4.6016%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$237.50$240.00$242.50Aug 28$0.14$2.3639%16.86
$235.00$237.50$240.00Aug 28$0.28$2.2230%7.93
$230.00$232.50$235.00Sep 4$0.10$2.4012%24.00
$220.00$222.50$225.00Sep 18$0.09$2.417%26.78
$235.00$237.50$240.00Sep 4$0.20$2.3014%11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 88 found (best net $-0.90, 70 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$240.001:2Sep 11-$0.90$9.10
$230.00$240.001:2Sep 18-$1.85$8.15
$252.50$260.001:2Sep 18-$0.80$6.70
$270.00$280.001:2Sep 18$0.00$10.00
$235.00$237.501:2Aug 28-$1.56$0.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$230.001:2Sep 25-$0.75$9.25
$260.00$250.001:2Sep 18-$6.25$3.75
$240.00$232.501:2Sep 18-$1.65$5.85
$240.00$235.001:2Sep 11-$0.85$4.15
$220.00$210.001:2Sep 25-$0.27$9.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 1.58%, avg 1.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$260.00Oct 9$3.800.298.4%1.58%10.00%1--
$240.00Sep 25$9.200.520.1%3.84%3.92%10132
$245.00Sep 25$6.800.442.2%2.84%5.00%--22
$255.00Oct 2$4.200.326.3%1.75%8.09%17
$250.00Sep 25$5.100.364.2%2.13%6.38%2172
$255.00Sep 25$3.600.306.3%1.50%7.84%326
$242.50Sep 18$6.700.471.1%2.79%3.92%2532
$240.00Sep 18$7.800.510.1%3.25%3.33%7705
$245.00Sep 18$5.700.422.2%2.38%4.54%223
$247.50Sep 18$4.700.383.2%1.96%5.17%265

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 1,305
Total Puts 1,508
Put/Call Ratio 1.16
Net Difference -203

Prior's Put/Call Breakdown

Total Calls 1,692
Total Puts 739
Put/Call Ratio 0.44
Net Difference 953

Prior 7-Day Put/Call Summary

Total Calls 65,456
Total Puts 10,388
Average Put/Call Ratio 0.67
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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