Tour v308
SM
SM ENERGY CO
$28.34 -2.65%
$28.25 (-0.32%)🌙
as of 07/09 07:03 PM
7/9 19:03

Option Volume

Detail
Current (07/09) 2,234
Calls: 2,007 (90%)
Puts: 227 (10%)
Prior (07/08) 2,282
Calls: 1,655 (73%)
Puts: 627 (27%)
Current vs Prior -2.10%
Calls: +21.27% (Calls)
Puts: -63.80% (Puts)
Prior 7-Day Total 9,083
Calls: 6,275 (69%)
Puts: 2,808 (31%)
Prior 7-Day Average 1,297
Calls: 896 (69%)
Puts: 401 (31%)
Current vs Prior 7-Day Avg +72.17%
Calls: +123.89%
Puts: -43.41%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/09) $2.08M
Calls: $2.02M (97%)
Puts: $57.6K (3%)
Prior (07/08) $383.3K
Calls: $296.1K (77%)
Puts: $87.2K (23%)
Current vs Prior +442.27%
Calls: +582.44%
Puts: -33.90%
Prior 7-Day Total $1.31M
Calls: $997.3K (76%)
Puts: $316.0K (24%)
Prior 7-Day Average $187.6K
Calls: $142.5K (76%)
Puts: $45.1K (24%)
Current vs Prior 7-Day Avg +1007.92%
Calls: +1318.53%
Puts: +27.65%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/09) 0.11
Prior (07/08) 0.38
Current vs Prior -70.15%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg -79.73%
Sentiment BULLISH

Open Interest

Detail
Current (07/09) 25,615
Calls: 16,503 (64%)
Puts: 9,112 (36%)
Prior (07/08) 28,921
Calls: 18,421 (64%)
Puts: 10,500 (36%)
Current vs Prior -11.43%
Prior 7-Day Total 176,383
Calls: 117,555 (67%)
Puts: 58,828 (33%)
Prior 7-Day Average 25,197
Calls: 16,793 (67%)
Puts: 8,404 (33%)
Current vs Prior 7-Day Avg +1.66%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 51.09% | 15.17%51.09% | 15.17%
Prior 43.04% | 15.97%43.04% | 15.97%
Current vs Prior +18.70% | -5.01%+18.70% | -5.01%
Prior 7-Day Avg 46.91% | 16.82%43.84% | 16.39%
Current vs 7-Day Avg +8.92% | -9.80%+16.54% | -7.44%
Prior 7-Day Eod 43.04% | 15.97%-- | --
Current vs 7-Day Eod +18.70% | -5.01%-- | --
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Prior 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 16.57% | 12.75%
Calls: 19.48% | 15.82%
Puts: 13.66% | 9.69%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($2.02M) vs puts ($57.6K). Massive premium surge with dollar volume up 442% vs prior. Dollar volume significantly above 7-day average (1008% higher). Extreme bullish P/C ratio of 0.11 - heavy call buying (2,007 calls vs 227 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 BULLISH
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 4 of results (avg 8.3%, best 6.2%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 212.552.75$2.657.5%430.60803
$30.00Aug 211.501.65$1.589.5%740.432.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 214.705.00$4.856.2%550.72--
$30.00Aug 212.903.20$3.059.8%250.57--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.60, cheapest $0.32)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Jul 170.300.35$0.3215.6%510.261.3K
$32.50Aug 210.800.95$0.8817.0%190.282.1K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 8 found (avg delta 0.73, highest 0.87)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 215.906.70$6.3012.7%1090.871.4K
$25.00Aug 213.904.60$4.2516.5%30.78689
$27.50Jul 171.351.50$1.4310.5%90.68853
$27.50Aug 212.552.75$2.657.5%430.60803
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 216.707.60$7.1512.6%40.83--
$30.00Jul 171.652.30$1.9832.8%100.75536
$32.50Aug 214.705.00$4.856.2%550.72--
$30.00Aug 212.903.20$3.059.8%250.57--

Most actively traded options today. High liquidity = easy entry/exit. 18 active (total vol 532, top 109)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 215.906.70$6.3012.7%1090.871.4K
$30.00Aug 211.501.65$1.589.5%740.432.2K
$30.00Jul 170.300.35$0.3215.6%510.261.3K
$27.50Aug 212.552.75$2.657.5%430.60803
$35.00Jul 170.000.10$0.05200.0%200.04683
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 214.705.00$4.856.2%550.72--
$25.00Jul 170.050.15$0.10100.0%410.085.3K
$27.50Jul 170.450.55$0.5020.0%320.33326
$30.00Aug 212.903.20$3.059.8%250.57--
$30.00Jul 171.652.30$1.9832.8%100.75536

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 19.6%, max 36.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$35.00Jul 17Aug 2178.3%57.2%36.7%402.4K
$32.50Jul 17Aug 2160.1%57.6%4.4%242.8K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 17Aug 2163.7%54.2%17.7%476.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 9.42, avg 2.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$30.00$32.50Jul 17$0.24$2.26$0.249.42$30.24
$32.50$35.00Aug 21$0.43$2.07$0.434.81$32.93
$30.00$32.50Aug 21$0.70$1.80$0.702.57$30.70
$27.50$30.00Aug 21$1.07$1.43$1.071.34$28.57
$27.50$30.00Jul 17$1.11$1.39$1.111.25$28.61
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Jul 17$0.40$2.10$0.405.25$27.10
$27.50$25.00Aug 21$0.92$1.58$0.921.72$26.58
$30.00$27.50Aug 21$1.40$1.10$1.400.79$28.60
$30.00$27.50Jul 17$1.48$1.02$1.480.69$28.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 11.50, avg 2.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.50$25.00Aug 21$2.05$2.05$0.454.56$24.55
$25.00$27.50Aug 21$1.60$1.60$0.901.78$26.60
$27.50$30.00Jul 17$1.11$1.11$1.390.80$28.61
$27.50$30.00Aug 21$1.07$1.07$1.430.75$28.57
$30.00$32.50Aug 21$0.70$0.70$1.800.39$30.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$32.50Aug 21$2.30$2.30$0.2011.50$32.70
$32.50$30.00Aug 21$1.80$1.80$0.702.57$30.70
$30.00$27.50Jul 17$1.48$1.48$1.021.45$28.52
$30.00$27.50Aug 21$1.40$1.40$1.101.27$28.60
$27.50$25.00Aug 21$0.92$0.92$1.580.58$26.58

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.93, cheapest $0.40)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$35.00Jul 17Aug 21$0.4078.3%57.2%
$32.50Jul 17Aug 21$0.8060.1%57.6%
$27.50Jul 17Aug 21$1.2253.5%54.0%
$30.00Jul 17Aug 21$1.2653.0%57.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.6363.7%54.2%
$30.00Jul 17Aug 21$1.0753.0%57.6%
$27.50Jul 17Aug 21$1.1553.5%54.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 6.81% of stock, avg 15.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.50Jul 17$1.43$0.50$1.93$25.57$29.436.81%
$30.00Jul 17$0.32$1.98$2.30$27.70$32.308.12%
$27.50Aug 21$2.65$1.65$4.30$23.20$31.8015.17%
$30.00Aug 21$1.58$3.05$4.63$25.37$34.6316.34%
$25.00Aug 21$4.25$0.73$4.98$20.02$29.9817.57%
$32.50Aug 21$0.88$4.85$5.73$26.77$38.2320.22%
$35.00Aug 21$0.45$7.15$7.60$27.40$42.6026.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 10 found (cheapest 0.64% of stock, avg 5.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$32.50$25.00Jul 17$0.08$0.10$0.18$24.82$32.68
$30.00$25.00Jul 17$0.32$0.10$0.42$24.58$30.42
$32.50$27.50Jul 17$0.08$0.50$0.58$26.92$33.08
$30.00$27.50Jul 17$0.32$0.50$0.82$26.68$30.82
$35.00$25.00Aug 21$0.45$0.73$1.18$23.82$36.18
$32.50$25.00Aug 21$0.88$0.73$1.61$23.39$34.11
$35.00$27.50Aug 21$0.45$1.65$2.10$25.40$37.10
$30.00$25.00Aug 21$1.58$0.73$2.31$22.69$32.31
$32.50$27.50Aug 21$0.88$1.65$2.53$24.97$35.03
$30.00$27.50Aug 21$1.58$1.65$3.23$24.27$33.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.73, avg credit $1.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
28/3032/35Aug 21$1.83$0.672.73$28.17$34.33
25/2830/32Aug 21$1.62$0.881.84$25.88$31.62
25/2832/35Aug 21$1.35$1.151.17$26.15$33.85
25/2830/32Jul 17$0.64$1.860.34$26.86$30.64

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 10.90, cheapest $0.21)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$30.00$32.50$35.00Jul 17$0.21$2.2910.90
$30.00$32.50$35.00Aug 21$0.27$2.238.26
$27.50$30.00$32.50Aug 21$0.37$2.135.76
$22.50$25.00$27.50Aug 21$0.45$2.054.56
$25.00$27.50$30.00Aug 21$0.53$1.973.72
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$27.50$30.00$32.50Aug 21$0.40$2.105.25
$25.00$27.50$30.00Aug 21$0.48$2.024.21
$30.00$32.50$35.00Aug 21$0.50$2.004.00
$25.00$27.50$30.00Jul 17$1.08$1.421.31

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.02, 8 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$32.50$35.001:2Jul 17-$0.02$2.48
$32.50$35.001:2Aug 21-$0.02$2.48
$30.00$32.501:2Aug 21-$0.18$2.32
$27.50$30.001:2Aug 21-$0.51$1.99
$25.00$27.501:2Aug 21-$1.05$1.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$27.501:2Aug 21-$0.25$2.25
$32.50$30.001:2Aug 21-$1.25$1.25
$27.50$25.001:2Aug 21$0.19$2.31
$27.50$25.001:2Jul 17$0.30$2.20
$30.00$27.501:2Jul 17$0.98$1.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 5.29%, avg 2.60%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$30.00Aug 21$1.500.435.9%5.29%11.15%742.2K
$32.50Aug 21$0.800.2814.7%2.82%17.50%192.1K
$35.00Aug 21$0.350.1723.5%1.24%24.74%201.7K
$30.00Jul 17$0.300.265.9%1.06%6.92%511.3K

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 2,007
Total Puts 227
Put/Call Ratio 0.11
Net Difference 1,780

Prior's Put/Call Breakdown

Total Calls 1,655
Total Puts 627
Put/Call Ratio 0.38
Net Difference 1,028

Prior 7-Day Put/Call Summary

Total Calls 6,275
Total Puts 2,808
Average Put/Call Ratio 0.56
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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