Tour v526
PSX
PHILLIPS 66
$244.01 +1.75%
8/28 18:03

Option Volume

Detail
Current (08/28) 2,401
Calls: 1,696 (71%)
Puts: 705 (29%)
Prior (08/27) 2,813
Calls: 1,305 (46%)
Puts: 1,508 (54%)
Current vs Prior -14.65%
Calls: +29.96% (Calls)
Puts: -53.25% (Puts)
Prior 7-Day Total 23,667
Calls: 13,743 (58%)
Puts: 9,924 (42%)
Prior 7-Day Average 3,381
Calls: 1,963 (58%)
Puts: 1,417 (42%)
Current vs Prior 7-Day Avg -28.99%
Calls: -13.61%
Puts: -50.27%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/28) $3.17M
Calls: $2.71M (86%)
Puts: $455.4K (14%)
Prior (08/27) $1.33M
Calls: $898.7K (67%)
Puts: $435.3K (33%)
Current vs Prior +137.31%
Calls: +201.58%
Puts: +4.62%
Prior 7-Day Total $25.04M
Calls: $18.91M (76%)
Puts: $6.12M (24%)
Prior 7-Day Average $3.58M
Calls: $2.70M (76%)
Puts: $874.7K (24%)
Current vs Prior 7-Day Avg -11.49%
Calls: +0.31%
Puts: -47.94%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28) 0.42
Prior (08/27) 1.16
Current vs Prior -64.03%
Prior 7-Day Average 0.83
Current vs Prior 7-Day Avg -49.86%
Sentiment BULLISH

Open Interest

Detail
Current (08/28) 78,966
Calls: 39,596 (50%)
Puts: 39,370 (50%)
Prior (08/27) 77,187
Calls: 38,978 (50%)
Puts: 38,209 (50%)
Current vs Prior +2.30%
Prior 7-Day Total 523,707
Calls: 261,267 (50%)
Puts: 262,440 (50%)
Prior 7-Day Average 74,815
Calls: 37,323 (50%)
Puts: 37,491 (50%)
Current vs Prior 7-Day Avg +5.55%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.38% | 3.98%7.09% | 12.85%
Prior 2.46% | 4.80%7.65% | 13.14%
Current vs Prior +61.30% | +12.38%-7.34% | -2.19%
Prior 7-Day Avg 3.13% | 5.21%4.71% | 11.34%
Current vs 7-Day Avg +26.81% | +3.38%+50.52% | +13.25%
Prior 7-Day Eod 2.46% | 4.80%7.65% | 13.14%
Current vs 7-Day Eod +61.30% | +12.38%-7.34% | -2.19%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 89.76% | 13.43%
Calls: 76.19% | 11.76%
Puts: 103.33% | 15.09%
Prior 80.15% | 20.66%
Calls: 57.78% | 19.47%
Puts: 102.52% | 21.85%
Current vs Prior +11.99% | -35.00%
Prior 7-Day Avg 48.57% | 17.44%
Calls: 43.20% | 13.83%
Puts: 53.95% | 21.05%
Current vs 7-Day Avg +84.79% | -22.98%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($2.71M) vs puts ($455.4K). Massive premium surge with dollar volume up 137% vs prior. Extreme bullish P/C ratio of 0.42 - heavy call buying (1,696 calls vs 705 puts). P/C ratio dropping 64% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 8 of results (avg 7.0%, best 5.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1843.5046.00$44.755.6%--0.97578
$200.00Sep 1143.1045.80$44.456.1%10.96--
$200.00Sep 442.9045.60$44.256.1%10.961
$205.00Sep 438.0040.50$39.256.4%--0.9312
$205.00Sep 1838.5041.10$39.806.5%50.925
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. 49 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1843.5046.00$44.755.6%--0.97578
$200.00Sep 442.9045.60$44.256.1%10.961
$230.00Aug 2812.8015.90$14.3521.6%500.9699
$200.00Sep 1143.1045.80$44.456.1%10.96--
$205.00Sep 438.0040.50$39.256.4%--0.9312
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$247.50Aug 282.254.70$3.4870.4%11.006
$250.00Aug 284.707.20$5.9542.0%10.983
$275.00Sep 2530.1033.40$31.7510.4%--0.8710
$252.50Sep 48.9010.80$9.8519.3%10.79--
$260.00Sep 1817.4019.60$18.5011.9%--0.7610

Most actively traded options today. High liquidity = easy entry/exit. 96 active (total vol 981, top 183)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$245.00Aug 280.000.95$0.48197.9%1830.36174
$280.00Sep 180.251.10$0.68125.0%1140.07743
$230.00Aug 2812.8015.90$14.3521.6%500.9699
$260.00Sep 182.553.00$2.7816.2%460.24984
$252.50Sep 41.301.80$1.5532.3%300.2513
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 182.353.10$2.7327.5%960.22210
$230.00Sep 40.151.20$0.68154.4%230.1188
$220.00Sep 181.001.55$1.2743.3%160.11216
$240.00Aug 280.000.50$0.25200.0%140.1380
$232.50Aug 280.001.30$0.65200.0%120.12214

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 521.2%, max 1454.0%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$252.50Aug 28Sep 18518.3%33.3%1454.0%10101
$242.50Aug 28Sep 18102.1%32.9%210.8%27239
$245.00Aug 28Sep 25106.8%34.5%209.2%183196
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$242.50Aug 28Sep 18102.1%32.9%210.8%542

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 96.83, avg 7.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$262.50$285.00Sep 4$0.23$22.27$0.2316%96.83$262.73
$255.00$285.00Sep 11$1.35$28.65$1.3527%21.22$256.35
$242.50$245.00Sep 18$0.55$1.95$0.5555%3.55$243.05
$237.50$240.00Sep 18$0.90$1.60$0.9065%1.78$238.40
$242.50$245.00Sep 4$0.70$1.80$0.7060%2.57$243.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$220.00$200.00Sep 11$0.21$19.79$0.218%94.24$219.79
$235.00$230.00Sep 11$0.40$4.60$0.4026%11.50$234.60
$250.00$245.00Sep 18$2.35$2.65$2.3560%1.13$247.65
$225.00$222.50Sep 18$0.10$2.40$0.1016%24.00$224.90
$245.00$242.50Sep 4$0.85$1.65$0.8550%1.94$244.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 62 found (best R:R 0.72, avg 0.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$252.50$255.00Aug 28$1.05$1.05$1.4580%0.72$253.55
$245.00$247.50Sep 4$1.85$1.85$0.6549%2.85$246.85
$252.50$255.00Sep 11$1.10$1.10$1.4066%0.79$253.60
$245.00$247.50Sep 18$1.50$1.50$1.0050%1.50$246.50
$245.00$247.50Aug 28$0.45$0.45$2.0564%0.22$245.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$220.00$217.50Aug 28$1.05$1.05$1.4590%0.72$218.95
$210.00$205.00Aug 28$0.98$0.98$4.0292%0.24$209.02
$217.50$215.00Sep 4$0.83$0.83$1.6790%0.50$216.67
$205.00$200.00Sep 25$0.90$0.90$4.1091%0.22$204.10
$240.00$230.00Sep 25$3.45$3.45$6.5559%0.53$236.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $3.52, cheapest $2.92)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$245.00Aug 28Sep 4$4.12106.8%32.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$245.00Aug 28Sep 4$2.92106.8%32.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 36 found (cheapest 0.80% of stock, avg 5.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$245.00Aug 28$0.48$1.48$1.96$243.04$246.960.80%
$242.50Aug 28$1.88$0.18$2.06$240.44$244.560.84%
$247.50Aug 28$0.03$3.48$3.51$243.99$251.011.44%
$240.00Aug 28$3.93$0.25$4.18$235.82$244.181.71%
$250.00Aug 28$0.13$5.95$6.08$243.92$256.082.49%
$237.50Aug 28$6.55$0.45$7.00$230.50$244.502.87%
$242.50Sep 4$5.30$3.55$8.85$233.65$251.353.63%
$245.00Sep 4$4.60$4.40$9.00$236.00$254.003.69%
$240.00Sep 4$6.90$2.42$9.32$230.68$249.323.82%
$235.00Aug 28$9.05$0.30$9.35$225.65$244.353.83%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 131 found (cheapest 0.13% of stock, avg 2.49%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$250.00$242.50Aug 28$0.13$0.18$0.31$242.19$250.31
$250.00$240.00Aug 28$0.13$0.25$0.38$239.62$250.38
$250.00$237.50Aug 28$0.13$0.45$0.58$236.92$250.58
$260.00$242.50Aug 28$0.50$0.18$0.68$241.82$260.68
$260.00$240.00Aug 28$0.50$0.25$0.75$239.25$260.75
$245.00$242.50Aug 28$0.48$0.18$0.66$241.84$245.66
$250.00$232.50Aug 28$0.13$0.65$0.78$231.72$250.78
$245.00$240.00Aug 28$0.48$0.25$0.73$239.27$245.73
$260.00$237.50Aug 28$0.50$0.45$0.95$236.55$260.95
$260.00$232.50Aug 28$0.50$0.65$1.15$231.35$261.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 90 found (best R:R 5.25, avg credit $1.35)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
218/220252/255Aug 28$2.10$0.4069%5.25$217.90$254.60
230/232252/255Aug 28$1.55$0.9567%1.63$230.95$254.05
205/210252/255Aug 28$2.03$2.9771%0.68$207.97$254.53
215/218250/252Sep 4$1.70$0.8056%2.12$215.80$251.70
235/238252/255Aug 28$1.20$1.3066%0.92$236.30$253.70
215/218252/255Sep 4$1.08$1.4265%0.76$216.42$253.58
228/230252/255Sep 11$1.50$1.0046%1.50$228.50$254.00
230/232250/252Sep 4$1.24$1.2651%0.98$231.26$251.24
220/222262/265Sep 18$0.88$1.6265%0.54$221.62$263.38
225/228252/255Sep 11$1.25$1.2550%1.00$226.25$253.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 2.57, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$242.50$245.00$247.50Aug 28$0.95$1.5579%1.63
$240.00$242.50$245.00Aug 28$0.65$1.8552%2.85
$225.00$230.00$235.00Sep 18$0.35$4.6516%13.29
$270.00$275.00$280.00Oct 2$0.19$4.818%25.32
$205.00$210.00$215.00Sep 18$0.05$4.950%99.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$242.50$245.00$247.50Aug 28$0.70$1.8083%2.57
$235.00$240.00$245.00Sep 11$0.50$4.5024%9.00
$235.00$237.50$240.00Sep 4$0.11$2.3913%21.73
$245.00$247.50$250.00Aug 28$0.47$2.0330%4.32
$237.50$240.00$242.50Aug 28$0.13$2.374%18.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 95 found (best net $-2.20, 76 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$240.001:2Sep 11-$2.20$7.80
$260.00$270.001:2Sep 25-$0.16$9.84
$262.50$285.001:2Sep 4-$0.87$21.63
$237.50$240.001:2Aug 28-$1.31$1.19
$260.00$270.001:2Oct 2-$1.55$8.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$250.001:2Sep 18-$3.20$6.80
$240.00$230.001:2Sep 25-$0.30$9.70
$250.00$245.001:2Sep 4-$0.70$4.30
$250.00$247.501:2Aug 28-$1.01$1.49
$235.00$225.001:2Oct 2-$0.95$9.05

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 1.80%, avg 1.26%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$260.00Oct 9$4.400.336.5%1.80%8.36%21
$245.00Sep 25$9.000.510.4%3.69%4.09%--22
$250.00Sep 25$6.800.432.5%2.79%5.24%179
$260.00Oct 2$4.100.316.5%1.68%8.23%14
$255.00Sep 25$5.000.354.5%2.05%6.55%429
$260.00Sep 25$3.600.306.5%1.48%8.03%--34
$245.00Sep 18$7.500.500.4%3.07%3.48%621
$247.50Sep 18$6.300.461.4%2.58%4.01%131
$270.00Oct 2$2.300.2110.7%0.94%11.59%2713
$255.00Sep 18$3.700.324.5%1.52%6.02%18

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 1,696
Total Puts 705
Put/Call Ratio 0.42
Net Difference 991

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 13,743
Total Puts 9,924
Average Put/Call Ratio 0.83
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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