Tour v303
PTEN
PATTERSON-UTI ENERGY
$9.70 +6.01%
$9.86 (+1.65%)🌙
as of 07/08 06:57 PM
7/8 18:57

Option Volume

Detail
Current (07/08) 2,091
Calls: 2,025 (97%)
Puts: 66 (3%)
Prior (07/07) 1,058
Calls: 982 (93%)
Puts: 76 (7%)
Current vs Prior +97.64%
Calls: +106.21% (Calls)
Puts: -13.16% (Puts)
Prior 7-Day Total 9,109
Calls: 4,644 (51%)
Puts: 4,465 (49%)
Prior 7-Day Average 1,301
Calls: 663 (51%)
Puts: 637 (49%)
Current vs Prior 7-Day Avg +60.69%
Calls: +205.23%
Puts: -89.65%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/08) $115.4K
Calls: $109.2K (95%)
Puts: $6.2K (5%)
Prior (07/07) $68.4K
Calls: $65.2K (95%)
Puts: $3.2K (5%)
Current vs Prior +68.57%
Calls: +67.45%
Puts: +91.23%
Prior 7-Day Total $624.2K
Calls: $264.8K (42%)
Puts: $359.3K (58%)
Prior 7-Day Average $89.2K
Calls: $37.8K (42%)
Puts: $51.3K (58%)
Current vs Prior 7-Day Avg +29.38%
Calls: +188.60%
Puts: -87.98%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/08) 0.03
Prior (07/07) 0.08
Current vs Prior -57.89%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg -97.13%
Sentiment BULLISH

Open Interest

Detail
Current (07/08) 68,389
Calls: 67,750 (99%)
Puts: 639 (1%)
Prior (07/07) 58,657
Calls: 57,773 (98%)
Puts: 884 (2%)
Current vs Prior +16.59%
Prior 7-Day Total 440,327
Calls: 429,142 (97%)
Puts: 11,185 (3%)
Prior 7-Day Average 62,903
Calls: 61,306 (97%)
Puts: 1,597 (3%)
Current vs Prior 7-Day Avg +8.72%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 8.04% | 18.35%8.04% | 18.35%
Prior 6.56% | 16.39%6.56% | 16.39%
Current vs Prior +22.63% | +11.94%+22.63% | +11.94%
Prior 7-Day Avg 9.08% | 18.45%7.48% | 17.83%
Current vs 7-Day Avg -11.48% | -0.52%+7.44% | +2.89%
Prior 7-Day Eod 6.56% | 16.39%-- | --
Current vs 7-Day Eod +22.63% | +11.94%-- | --
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 15.34% | 15.67%
Calls: 18.18% | 18.07%
Puts: 12.50% | 13.27%
Prior 15.34% | 15.67%
Calls: 18.18% | 18.07%
Puts: 12.50% | 13.27%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 22.94% | 15.69%
Calls: 28.57% | 18.64%
Puts: 17.31% | 12.73%
Current vs 7-Day Avg -33.13% | -0.11%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($109.2K) vs puts ($6.2K). Elevated premium activity with dollar volume up 69% vs prior. Above-average activity with volume up 98% vs prior. Extreme bullish P/C ratio of 0.03 - heavy call buying (2,025 calls vs 66 puts).

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 BEARISH
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 2 of results (avg 6.5%, best 6.1%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.700.75$0.736.8%1.0K0.4812.0K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 211.601.70$1.656.1%20.6866

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.73, cheapest $0.73)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.700.75$0.736.8%1.0K0.4812.0K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 7 found (avg delta 0.72, highest 0.84)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 211.602.10$1.8527.0%10.84--
$9.00Jul 170.701.00$0.8535.3%90.84152
$9.00Aug 211.151.35$1.2516.0%110.66496
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 171.051.75$1.4050.0%20.8360
$11.00Aug 211.601.70$1.656.1%20.6866
$10.00Jul 170.450.75$0.6050.0%30.67--
$10.00Aug 210.951.15$1.0519.0%60.52151

Most actively traded options today. High liquidity = easy entry/exit. 16 active (total vol 1.9K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.700.75$0.736.8%1.0K0.4812.0K
$11.00Jul 170.050.15$0.10100.0%5520.16173
$10.00Jul 170.050.30$0.18138.9%1120.33331
$12.00Aug 210.150.30$0.2268.2%1100.20--
$11.00Aug 210.300.50$0.4050.0%120.3237.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.150.25$0.2050.0%80.16--
$10.00Aug 210.951.15$1.0519.0%60.52151
$8.00Jul 170.000.05$0.03166.7%50.05320
$10.00Jul 170.450.75$0.6050.0%30.67--
$9.00Aug 210.450.60$0.5328.3%30.33--

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 26.0%, max 29.0%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 17Aug 2184.2%65.3%29.0%56437.4K
$12.00Jul 17Aug 2184.6%66.5%27.2%115--
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 17Aug 2184.2%65.3%29.0%4126
$8.00Jul 17Aug 2173.3%61.8%18.7%13320

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 8 found (best R:R 4.56, avg 1.79)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.00$12.00Aug 21$0.18$0.82$0.184.56$11.18
$10.00$11.00Aug 21$0.33$0.67$0.332.03$10.33
$9.00$10.00Aug 21$0.52$0.48$0.520.92$9.52
$8.00$9.00Aug 21$0.60$0.40$0.600.67$8.60
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$8.00Jul 17$0.57$1.43$0.572.51$9.43
$9.00$8.00Aug 21$0.33$0.67$0.332.03$8.67
$10.00$9.00Aug 21$0.52$0.48$0.520.92$9.48
$11.00$10.00Aug 21$0.60$0.40$0.600.67$10.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 4.00, avg 1.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$10.00Jul 17$0.67$0.67$0.332.03$9.67
$8.00$9.00Aug 21$0.60$0.60$0.401.50$8.60
$9.00$10.00Aug 21$0.52$0.52$0.481.08$9.52
$10.00$11.00Aug 21$0.33$0.33$0.670.49$10.33
$11.00$12.00Aug 21$0.18$0.18$0.820.22$11.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.00Jul 17$0.80$0.80$0.204.00$10.20
$11.00$10.00Aug 21$0.60$0.60$0.401.50$10.40
$10.00$9.00Aug 21$0.52$0.52$0.481.08$9.48
$9.00$8.00Aug 21$0.33$0.33$0.670.49$8.67
$10.00$8.00Jul 17$0.57$0.57$1.430.40$9.43

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.33, cheapest $0.17)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Jul 17Aug 21$0.1984.6%66.5%
$11.00Jul 17Aug 21$0.3084.2%65.3%
$9.00Jul 17Aug 21$0.4057.9%62.3%
$10.00Jul 17Aug 21$0.5556.9%66.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Aug 21$0.1773.3%61.8%
$11.00Jul 17Aug 21$0.2584.2%65.3%
$10.00Jul 17Aug 21$0.4556.9%66.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 6 found (cheapest 8.04% of stock, avg 17.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Jul 17$0.18$0.60$0.78$9.22$10.788.04%
$11.00Jul 17$0.10$1.40$1.50$9.50$12.5015.46%
$9.00Aug 21$1.25$0.53$1.78$7.22$10.7818.35%
$10.00Aug 21$0.73$1.05$1.78$8.22$11.7818.35%
$8.00Aug 21$1.85$0.20$2.05$5.95$10.0521.13%
$11.00Aug 21$0.40$1.65$2.05$8.95$13.0521.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 8 found (cheapest 1.34% of stock, avg 6.74%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.00$8.00Jul 17$0.10$0.03$0.13$7.87$11.13
$10.00$8.00Jul 17$0.18$0.03$0.21$7.79$10.21
$12.00$8.00Aug 21$0.22$0.20$0.42$7.58$12.42
$11.00$8.00Aug 21$0.40$0.20$0.60$7.40$11.60
$12.00$9.00Aug 21$0.22$0.53$0.75$8.25$12.75
$10.00$8.00Aug 21$0.73$0.20$0.93$7.07$10.93
$11.00$9.00Aug 21$0.40$0.53$0.93$8.07$11.93
$10.00$9.00Aug 21$0.73$0.53$1.26$7.74$11.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 2.33, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
9/1011/12Aug 21$0.70$0.302.33$9.30$11.70
8/910/11Aug 21$0.66$0.341.94$8.34$10.66
8/911/12Aug 21$0.51$0.491.04$8.49$11.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 6 found (best R:R 11.50, cheapest $0.08)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$8.00$9.00$10.00Aug 21$0.08$0.9211.50
$10.00$11.00$12.00Aug 21$0.15$0.855.67
$9.00$10.00$11.00Aug 21$0.19$0.814.26
$9.00$10.00$11.00Jul 17$0.59$0.410.69
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$9.00$10.00$11.00Aug 21$0.08$0.9211.50
$8.00$9.00$10.00Aug 21$0.19$0.814.26

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 8 found (best net $-0.07, 4 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 21-$0.07$0.93
$9.00$10.001:2Aug 21-$0.21$0.79
$8.00$9.001:2Aug 21-$0.65$0.35
$9.00$10.001:2Jul 17$0.49$0.51
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Aug 21-$0.45$0.55
$10.00$8.001:2Jul 17$0.54$1.46
$9.00$8.001:2Aug 21$0.13$0.87
$11.00$10.001:2Jul 17$0.20$0.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 7.22%, avg 3.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.700.483.1%7.22%10.31%1.0K12.0K
$11.00Aug 21$0.300.3213.4%3.09%16.49%1237.2K
$12.00Aug 21$0.150.2023.7%1.55%25.26%110--

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 2,025
Total Puts 66
Put/Call Ratio 0.03
Net Difference 1,959

Prior's Put/Call Breakdown

Total Calls 982
Total Puts 76
Put/Call Ratio 0.08
Net Difference 906

Prior 7-Day Put/Call Summary

Total Calls 4,644
Total Puts 4,465
Average Put/Call Ratio 1.14
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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