Tour v526
PSX
PHILLIPS 66
$241.50 -0.56%
8/24 15:06

Option Volume

Detail
Current (08/24 3:05pm) 6,903
Calls: 1,816 (26%)
Puts: 5,087 (74%)
Prior (08/21) 2,992
Calls: 1,508 (50%)
Puts: 1,484 (50%)
Current vs Prior +130.72%
Calls: +20.42% (Calls)
Puts: +242.79% (Puts)
Prior 7-Day Total 26,486
Calls: 19,114 (72%)
Puts: 7,372 (28%)
Prior 7-Day Average 3,783
Calls: 2,730 (72%)
Puts: 1,053 (28%)
Current vs Prior 7-Day Avg +82.44%
Calls: -33.49%
Puts: +383.03%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/24 3:05pm) $4.30M
Calls: $2.05M (48%)
Puts: $2.25M (52%)
Prior (08/21) $4.05M
Calls: $1.99M (49%)
Puts: $2.07M (51%)
Current vs Prior +6.20%
Calls: +3.29%
Puts: +8.98%
Prior 7-Day Total $32.84M
Calls: $28.93M (88%)
Puts: $3.91M (12%)
Prior 7-Day Average $4.69M
Calls: $4.13M (88%)
Puts: $558.6K (12%)
Current vs Prior 7-Day Avg -8.25%
Calls: -50.39%
Puts: +303.51%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/24 3:05pm) 2.80
Prior (08/21) 0.98
Current vs Prior +184.65%
Prior 7-Day Average 0.44
Current vs Prior 7-Day Avg +534.35%
Sentiment BEARISH

Open Interest

Detail
Current (08/24 3:05pm) 68,657
Calls: 36,644 (53%)
Puts: 32,013 (47%)
Prior (08/21) 76,711
Calls: 38,121 (50%)
Puts: 38,590 (50%)
Current vs Prior -10.50%
Prior 7-Day Total 530,235
Calls: 284,033 (54%)
Puts: 246,202 (46%)
Prior 7-Day Average 75,747
Calls: 40,576 (54%)
Puts: 35,171 (46%)
Current vs Prior 7-Day Avg -9.36%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 3.89% | 5.88%8.20% | 13.64%
Prior 2.52% | 4.86%2.52% | 10.49%
Current vs Prior +54.63% | +20.99%+225.71% | +30.08%
Prior 7-Day Avg 2.87% | 5.07%4.17% | 10.90%
Current vs 7-Day Avg +35.68% | +16.01%+96.46% | +25.12%
Prior 7-Day Eod 2.52% | 4.86%1.17% | 10.31%
Current vs 7-Day Eod +54.63% | +20.99%+598.66% | +32.28%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 12.79% | 15.54%
Calls: 12.24% | 13.70%
Puts: 13.33% | 17.39%
Prior 71.90% | 18.50%
Calls: 60.82% | 12.61%
Puts: 82.98% | 24.39%
Current vs Prior -82.21% | -16.00%
Prior 7-Day Avg 63.79% | 25.68%
Calls: 36.70% | 23.44%
Puts: 90.88% | 27.93%
Current vs 7-Day Avg -79.95% | -39.49%
Liquidity Expensive
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🤖 AI Insights

Unusually high activity with volume up 131% vs prior - elevated interest. Volume explosion - 82% above 7-day average (6,903 vs avg 3,783). Extreme bearish P/C ratio of 2.80 - heavy put buying. P/C ratio rising 185% - 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 BEARISH
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 16 of results (avg 8.1%, best 5.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 444.9047.60$46.255.8%221.0077
$195.00Sep 1845.4048.50$46.956.6%11.00124
$225.00Sep 2520.3021.70$21.006.7%--0.7612
$240.00Sep 189.8010.50$10.156.9%230.54709
$210.00Sep 1831.6034.10$32.857.6%20.92590
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Sep 1813.3014.20$13.756.5%20.627
$275.00Sep 2533.9036.70$35.307.9%--0.8510
$240.00Sep 187.708.40$8.058.7%110.46121
$260.00Oct 222.0024.10$23.059.1%--0.7030

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. 35 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 444.9047.60$46.255.8%221.0077
$195.00Sep 1845.4048.50$46.956.6%11.00124
$205.00Sep 434.8038.30$36.559.6%--0.9413
$200.00Sep 1840.4043.80$42.108.1%300.94612
$210.00Sep 1831.6034.10$32.857.6%20.92590
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$275.00Sep 2533.9036.70$35.307.9%--0.8510
$250.00Aug 288.9010.60$9.7517.4%40.7814
$260.00Sep 1820.6023.10$21.8511.4%--0.7610
$247.50Aug 287.508.40$7.9511.3%40.718
$260.00Oct 222.0024.10$23.059.1%--0.7030

Most actively traded options today. High liquidity = easy entry/exit. 91 active (total vol 1.5K, top 243)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$285.00Sep 180.500.90$0.7057.1%2430.07--
$250.00Aug 281.201.50$1.3522.2%1400.23155
$250.00Sep 185.506.20$5.8512.0%930.38394
$270.00Sep 181.351.95$1.6536.4%680.14719
$255.00Aug 280.600.80$0.7028.6%650.1376
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 283.003.60$3.3018.2%840.4342
$225.00Sep 182.653.50$3.0827.6%720.22--
$215.00Sep 180.951.70$1.3356.4%650.11--
$230.00Sep 183.904.40$4.1512.0%360.28176
$222.50Sep 182.152.90$2.5329.6%300.19--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 10.2%, max 17.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$252.50Aug 28Sep 1843.7%37.2%17.7%835
$235.00Aug 28Sep 2540.8%35.5%14.7%--180
$247.50Aug 28Sep 1840.7%36.1%12.6%301.0K
$240.00Aug 28Sep 2540.0%35.7%12.1%7102
$225.00Sep 4Sep 2540.6%37.1%9.6%147
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$235.00Aug 28Sep 1840.8%35.8%14.0%1134
$240.00Aug 28Sep 2540.0%35.7%12.1%8545
$250.00Aug 28Sep 1841.7%37.3%11.8%621
$232.50Aug 28Sep 440.3%36.5%10.5%27302
$242.50Aug 28Sep 1840.7%38.2%6.6%1539

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 1.08, avg 6.20)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$232.50$235.00Aug 28$1.20$1.30$1.2082%1.08$233.70
$230.00$240.00Sep 11$5.90$4.10$5.9075%0.69$235.90
$230.00$235.00Sep 4$3.15$1.85$3.1579%0.59$233.15
$247.50$250.00Sep 18$0.60$1.90$0.6041%3.17$248.10
$245.00$250.00Sep 25$1.80$3.20$1.8047%1.78$246.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$220.00$210.00Sep 25$0.88$9.12$0.8818%10.36$219.12
$225.00$220.00Sep 11$0.40$4.60$0.4018%11.50$224.60
$215.00$205.00Sep 4$0.12$9.88$0.126%82.33$214.88
$230.00$225.00Sep 4$0.53$4.47$0.5322%8.43$229.47
$250.00$245.00Sep 18$2.75$2.25$2.7562%0.82$247.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 65 found (best R:R 0.71, avg 0.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$245.00$247.50Sep 18$1.35$1.35$1.1554%1.17$246.35
$267.50$275.00Aug 28$0.28$0.28$7.2294%0.04$267.78
$252.50$255.00Sep 18$0.90$0.90$1.6066%0.56$253.40
$280.00$285.00Sep 18$0.45$0.45$4.5590%0.10$280.45
$245.00$247.50Sep 4$1.00$1.00$1.5058%0.67$246.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$240.00$230.00Sep 25$4.15$4.15$5.8554%0.71$235.85
$237.50$232.50Sep 4$1.95$1.95$3.0561%0.64$235.55
$235.00$230.00Sep 18$1.95$1.95$3.0563%0.64$233.05
$222.50$220.00Sep 18$0.63$0.63$1.8781%0.34$221.87
$225.00$220.00Sep 25$1.22$1.22$3.7876%0.32$223.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $2.33, cheapest $2.10)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$237.50Aug 28Sep 4$2.1040.0%37.7%
$240.00Aug 28Sep 4$2.4040.0%37.9%
$245.00Aug 28Sep 4$2.1740.7%38.8%
$242.50Aug 28Sep 4$2.2540.7%39.0%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$237.50Aug 28Sep 4$2.2540.0%37.7%
$240.00Aug 28Sep 4$2.4040.0%37.9%
$242.50Aug 28Sep 4$2.4040.7%39.0%
$245.00Sep 4Sep 18$2.7038.8%37.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 3.40% of stock, avg 6.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$240.00Aug 28$4.90$3.30$8.20$231.80$248.203.40%
$242.50Aug 28$3.70$4.50$8.20$234.30$250.703.40%
$237.50Aug 28$6.50$2.30$8.80$228.70$246.303.64%
$247.50Aug 28$1.88$7.95$9.83$237.67$257.334.07%
$235.00Aug 28$8.35$1.60$9.95$225.05$244.954.12%
$232.50Aug 28$9.55$1.00$10.55$221.95$243.054.37%
$250.00Aug 28$1.35$9.75$11.10$238.90$261.104.60%
$230.00Aug 28$11.90$0.70$12.60$217.40$242.605.22%
$242.50Sep 4$5.95$6.90$12.85$229.65$255.355.32%
$240.00Sep 4$7.30$5.70$13.00$227.00$253.005.38%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 121 found (cheapest 0.71% of stock, avg 3.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$252.50$230.00Aug 28$1.02$0.70$1.72$228.28$254.22
$252.50$232.50Aug 28$1.02$1.00$2.02$230.48$254.52
$250.00$230.00Aug 28$1.35$0.70$2.05$227.95$252.05
$250.00$232.50Aug 28$1.35$1.00$2.35$230.15$252.35
$252.50$235.00Aug 28$1.02$1.60$2.62$232.38$255.12
$250.00$235.00Aug 28$1.35$1.60$2.95$232.05$252.95
$247.50$230.00Aug 28$1.88$0.70$2.58$227.42$250.08
$247.50$232.50Aug 28$1.88$1.00$2.88$229.62$250.38
$247.50$235.00Aug 28$1.88$1.60$3.48$231.52$250.98
$260.00$220.00Sep 11$2.00$1.45$3.45$216.55$263.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 112 found (best R:R 1.58, avg credit $1.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
220/222252/255Sep 18$1.53$0.9747%1.58$220.97$254.03
222/225252/255Sep 18$1.45$1.0544%1.38$223.55$253.95
220/222252/255Aug 28$0.52$1.9876%0.26$221.98$253.02
210/215280/285Sep 18$0.93$4.0779%0.23$214.07$280.93
230/232250/252Sep 4$1.33$1.1742%1.14$231.17$251.33
232/235252/255Aug 28$0.92$1.5857%0.58$234.08$253.42
230/232252/255Sep 4$1.16$1.3447%0.87$231.34$253.66
220/222248/250Aug 28$0.73$1.7764%0.41$221.77$248.23
228/230252/255Aug 28$0.57$1.9370%0.30$229.43$253.07
220/222250/252Aug 28$0.53$1.9771%0.27$221.97$250.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 48 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$230.00$240.00Sep 18$0.70$9.3030%13.29
$255.00$260.00$265.00Sep 18$0.09$4.9112%54.56
$225.00$230.00$235.00Sep 25$0.20$4.8014%24.00
$245.00$250.00$255.00Sep 25$0.20$4.8013%24.00
$235.00$240.00$245.00Sep 25$0.30$4.7015%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$225.00$230.00Sep 25$0.08$4.9212%61.50
$210.00$215.00$220.00Sep 18$0.09$4.918%54.56
$232.50$235.00$237.50Aug 28$0.10$2.4016%24.00
$227.50$230.00$232.50Aug 28$0.05$2.459%49.00
$237.50$240.00$242.50Aug 28$0.20$2.3019%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. 80 found (best net $-2.65, 71 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$240.001:2Sep 11-$2.65$7.35
$230.00$240.001:2Sep 18-$3.90$6.10
$260.00$270.001:2Sep 25-$0.76$9.24
$255.00$260.001:2Aug 28-$0.06$4.94
$280.00$285.001:2Sep 18-$0.25$4.75
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$240.00$230.001:2Sep 25-$1.20$8.80
$247.50$242.501:2Aug 28-$1.05$3.95
$260.00$250.001:2Sep 18-$5.65$4.35
$237.50$232.501:2Sep 4-$0.65$4.35
$210.00$200.001:2Sep 18-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 3.85%, avg 1.27%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$245.00Oct 2$9.300.481.4%3.85%5.30%13
$245.00Sep 25$8.100.471.4%3.35%4.80%317
$250.00Sep 25$6.200.403.5%2.57%6.09%170
$255.00Sep 25$4.700.335.6%1.95%7.54%--25
$250.00Sep 18$5.500.383.5%2.28%5.80%93394
$260.00Sep 25$3.500.287.7%1.45%9.11%311
$245.00Sep 18$6.900.461.4%2.86%4.31%20--
$247.50Sep 18$5.800.412.5%2.40%4.89%4--
$252.50Sep 18$4.300.344.5%1.78%6.34%1--
$255.00Sep 18$3.600.305.6%1.49%7.08%2--

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 1,816
Total Puts 5,087
Put/Call Ratio 2.80
Net Difference -3,271

Prior's Put/Call Breakdown

Total Calls 1,508
Total Puts 1,484
Put/Call Ratio 0.98
Net Difference 24

Prior 7-Day Put/Call Summary

Total Calls 19,114
Total Puts 7,372
Average Put/Call Ratio 0.44
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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