Tour v309
SM
SM ENERGY CO
$27.81 -1.87%
$27.62 (-0.68%)🌙
as of 07/10 07:04 PM
7/10 19:04

Option Volume

Detail
Current (07/10) 275
Calls: 113 (41%)
Puts: 162 (59%)
Prior (07/09) 2,234
Calls: 2,007 (90%)
Puts: 227 (10%)
Current vs Prior -87.69%
Calls: -94.37% (Calls)
Puts: -28.63% (Puts)
Prior 7-Day Total 9,778
Calls: 7,807 (80%)
Puts: 1,971 (20%)
Prior 7-Day Average 1,396
Calls: 1,115 (80%)
Puts: 281 (20%)
Current vs Prior 7-Day Avg -80.31%
Calls: -89.87%
Puts: -42.47%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/10) $57.2K
Calls: $25.3K (44%)
Puts: $31.9K (56%)
Prior (07/09) $2.08M
Calls: $2.02M (97%)
Puts: $57.6K (3%)
Current vs Prior -97.25%
Calls: -98.75%
Puts: -44.64%
Prior 7-Day Total $3.23M
Calls: $2.95M (91%)
Puts: $277.2K (9%)
Prior 7-Day Average $461.2K
Calls: $421.5K (91%)
Puts: $39.6K (9%)
Current vs Prior 7-Day Avg -87.59%
Calls: -93.99%
Puts: -19.45%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/10) 1.43
Prior (07/09) 0.11
Current vs Prior +1167.53%
Prior 7-Day Average 0.25
Current vs Prior 7-Day Avg +463.97%
Sentiment BEARISH

Open Interest

Detail
Current (07/10) 12,588
Calls: 10,014 (80%)
Puts: 2,574 (20%)
Prior (07/09) 25,615
Calls: 16,503 (64%)
Puts: 9,112 (36%)
Current vs Prior -50.86%
Prior 7-Day Total 182,883
Calls: 122,723 (67%)
Puts: 60,160 (33%)
Prior 7-Day Average 26,126
Calls: 17,531 (67%)
Puts: 8,594 (33%)
Current vs Prior 7-Day Avg -51.82%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 48.11% | 15.03%48.11% | 15.03%
Prior 51.09% | 15.17%51.09% | 15.17%
Current vs Prior -5.84% | -0.94%-5.84% | -0.94%
Prior 7-Day Avg 46.72% | 16.43%45.66% | 16.09%
Current vs 7-Day Avg +2.98% | -8.53%+5.38% | -6.57%
Prior 7-Day Eod 51.09% | 15.17%-- | --
Current vs 7-Day Eod -5.84% | -0.94%-- | --
Sentiment BULLISHBULLISH

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

Light premium activity with dollar volume down 97% vs prior. Below-average activity with volume down 88% vs prior. Bearish P/C ratio of 1.43 indicates protective positioning. P/C ratio rising 1168% - 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 BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 7.6%, best 6.5%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 217.407.90$7.656.5%20.85--
$30.00Aug 213.303.60$3.458.7%30.62--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.65, cheapest $0.65)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Jul 170.600.70$0.6515.4%70.44338

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 5 found (avg delta 0.73, highest 0.87)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 215.206.30$5.7519.1%160.87--
$25.00Aug 213.504.00$3.7513.3%50.74689
$27.50Jul 170.801.00$0.9022.2%160.56--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 217.407.90$7.656.5%20.85--
$30.00Aug 213.303.60$3.458.7%30.62--

Most actively traded options today. High liquidity = easy entry/exit. 15 active (total vol 160, top 41)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Jul 170.801.00$0.9022.2%160.56--
$22.50Aug 215.206.30$5.7519.1%160.87--
$30.00Aug 211.151.40$1.2719.7%90.382.2K
$32.50Aug 210.600.75$0.6822.1%90.232.1K
$30.00Jul 170.150.20$0.1827.8%80.161.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 210.801.00$0.9022.2%410.261.3K
$25.00Jul 170.100.20$0.1566.7%290.12--
$27.50Jul 170.600.70$0.6515.4%70.44338
$22.50Aug 210.300.50$0.4050.0%70.13--
$30.00Aug 213.303.60$3.458.7%30.62--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 35.6%, max 51.1%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$35.00Jul 17Aug 2191.7%60.7%51.1%62.4K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 17Aug 2165.9%54.9%20.1%701.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 9 found (best R:R 37.46, avg 6.91)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$30.00$35.00Jul 17$0.13$4.87$0.1337.46$30.13
$32.50$35.00Aug 21$0.28$2.22$0.287.93$32.78
$30.00$32.50Aug 21$0.59$1.91$0.593.24$30.59
$27.50$30.00Jul 17$0.72$1.78$0.722.47$28.22
$25.00$30.00Aug 21$2.48$2.52$2.481.02$27.48
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.50$25.00Jul 17$0.50$2.00$0.504.00$27.00
$25.00$22.50Aug 21$0.50$2.00$0.504.00$24.50
$27.50$25.00Aug 21$1.05$1.45$1.051.38$26.45
$30.00$27.50Aug 21$1.50$1.00$1.500.67$28.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 5.25, avg 1.26)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.50$25.00Aug 21$2.00$2.00$0.504.00$24.50
$25.00$30.00Aug 21$2.48$2.48$2.520.98$27.48
$27.50$30.00Jul 17$0.72$0.72$1.780.40$28.22
$30.00$32.50Aug 21$0.59$0.59$1.910.31$30.59
$32.50$35.00Aug 21$0.28$0.28$2.220.13$32.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$30.00Aug 21$4.20$4.20$0.805.25$30.80
$30.00$27.50Aug 21$1.50$1.50$1.001.50$28.50
$27.50$25.00Aug 21$1.05$1.05$1.450.72$26.45
$27.50$25.00Jul 17$0.50$0.50$2.000.25$27.00
$25.00$22.50Aug 21$0.50$0.50$2.000.25$24.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.87, cheapest $0.35)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$35.00Jul 17Aug 21$0.3591.7%60.7%
$30.00Jul 17Aug 21$1.0955.7%57.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.7565.9%54.9%
$27.50Jul 17Aug 21$1.3050.1%54.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 5 found (cheapest 5.57% of stock, avg 18.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.50Jul 17$0.90$0.65$1.55$25.95$29.055.57%
$25.00Aug 21$3.75$0.90$4.65$20.35$29.6516.72%
$30.00Aug 21$1.27$3.45$4.72$25.28$34.7216.97%
$22.50Aug 21$5.75$0.40$6.15$16.35$28.6522.11%
$35.00Aug 21$0.40$7.65$8.05$26.95$43.0528.95%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 11 found (cheapest 1.19% of stock, avg 5.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$30.00$25.00Jul 17$0.18$0.15$0.33$24.67$30.33
$35.00$22.50Aug 21$0.40$0.40$0.80$21.70$35.80
$30.00$27.50Jul 17$0.18$0.65$0.83$26.67$30.83
$32.50$22.50Aug 21$0.68$0.40$1.08$21.42$33.58
$35.00$25.00Aug 21$0.40$0.90$1.30$23.70$36.30
$32.50$25.00Aug 21$0.68$0.90$1.58$23.42$34.08
$30.00$22.50Aug 21$1.27$0.40$1.67$20.83$31.67
$30.00$25.00Aug 21$1.27$0.90$2.17$22.83$32.17
$35.00$27.50Aug 21$0.40$1.95$2.35$25.15$37.35
$32.50$27.50Aug 21$0.68$1.95$2.63$24.87$35.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.47, avg credit $1.21)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
28/3032/35Aug 21$1.78$0.722.47$28.22$34.28
25/2830/32Aug 21$1.64$0.861.91$25.86$31.64
25/2832/35Aug 21$1.33$1.171.14$26.17$33.83
22/2530/32Aug 21$1.09$1.410.77$23.91$31.09
22/2532/35Aug 21$0.78$1.720.45$24.22$33.28
25/2830/35Jul 17$0.63$4.370.14$26.87$30.63

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 3 found (best R:R 7.06, cheapest $0.31)

CALLS (1)
LowMidHighExpiryDebitMax GainR:R
$30.00$32.50$35.00Aug 21$0.31$2.197.06
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.45$2.054.56
$22.50$25.00$27.50Aug 21$0.55$1.953.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 11 found (best net $-0.09, 4 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$32.501:2Aug 21-$0.09$2.41
$32.50$35.001:2Aug 21-$0.12$2.38
$22.50$25.001:2Aug 21-$1.75$0.75
$30.00$35.001:2Jul 17$0.08$4.92
$25.00$30.001:2Aug 21$1.21$3.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$27.501:2Aug 21-$0.45$2.05
$35.00$30.001:2Aug 21$0.75$4.25
$25.00$22.501:2Aug 21$0.10$2.40
$27.50$25.001:2Aug 21$0.15$2.35
$27.50$25.001:2Jul 17$0.35$2.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 4.14%, avg 2.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$30.00Aug 21$1.150.387.9%4.14%12.01%92.2K
$32.50Aug 21$0.600.2316.9%2.16%19.02%92.1K
$35.00Aug 21$0.350.1525.9%1.26%27.11%51.7K
$30.00Jul 17$0.150.167.9%0.54%8.41%81.3K

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 113
Total Puts 162
Put/Call Ratio 1.43
Net Difference -49

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 7,807
Total Puts 1,971
Average Put/Call Ratio 0.25
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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