Tour v340
SM
SM ENERGY CO
$29.93 +0.71%
$30.00 (+0.23%)🌙
as of 07/15 07:08 PM
7/15 19:08

Option Volume

Detail
Current (07/15) 1,127
Calls: 772 (69%)
Puts: 355 (31%)
Prior (07/14) 2,567
Calls: 1,882 (73%)
Puts: 685 (27%)
Current vs Prior -56.10%
Calls: -58.98% (Calls)
Puts: -48.18% (Puts)
Prior 7-Day Total 12,927
Calls: 10,260 (79%)
Puts: 2,667 (21%)
Prior 7-Day Average 1,846
Calls: 1,465 (79%)
Puts: 381 (21%)
Current vs Prior 7-Day Avg -38.97%
Calls: -47.33%
Puts: -6.82%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $256.7K
Calls: $210.3K (82%)
Puts: $46.4K (18%)
Prior (07/14) $472.3K
Calls: $401.2K (85%)
Puts: $71.2K (15%)
Current vs Prior -45.66%
Calls: -47.59%
Puts: -34.75%
Prior 7-Day Total $4.10M
Calls: $3.74M (91%)
Puts: $359.3K (9%)
Prior 7-Day Average $585.0K
Calls: $533.7K (91%)
Puts: $51.3K (9%)
Current vs Prior 7-Day Avg -56.12%
Calls: -60.61%
Puts: -9.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.46
Prior (07/14) 0.36
Current vs Prior +26.34%
Prior 7-Day Average 0.44
Current vs Prior 7-Day Avg +4.92%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 17,069
Calls: 11,711 (69%)
Puts: 5,358 (31%)
Prior (07/14) 15,308
Calls: 11,834 (77%)
Puts: 3,474 (23%)
Current vs Prior +11.50%
Prior 7-Day Total 190,679
Calls: 138,822 (73%)
Puts: 51,857 (27%)
Prior 7-Day Average 27,239
Calls: 19,831 (73%)
Puts: 7,408 (27%)
Current vs Prior 7-Day Avg -37.34%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 4.01% | 14.47%4.01% | 14.47%
Prior 4.41% | 15.07%4.41% | 15.07%
Current vs Prior -9.04% | -4.03%-9.04% | -4.03%
Prior 7-Day Avg 34.36% | 15.67%34.36% | 15.67%
Current vs 7-Day Avg -88.33% | -7.67%-88.33% | -7.67%
Prior 7-Day Eod 4.41% | 15.07%4.41% | 15.07%
Current vs 7-Day Eod -9.04% | -4.03%-9.04% | -4.03%
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

Strong bullish conviction with 82% of dollar volume in calls ($210.3K) vs puts ($46.4K). Below-average activity with volume down 56% vs prior. Extreme bullish P/C ratio of 0.46 - heavy call buying (772 calls vs 355 puts). Call-heavy open interest (11,711 calls vs 5,358 puts) suggests bullish positioning.

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 3 of results (avg 8.4%, best 8.2%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 213.503.80$3.658.2%1140.72545
$30.00Aug 212.152.35$2.258.9%130.542.3K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 213.503.80$3.658.2%10.64--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.75, cheapest $0.75)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 210.700.80$0.7513.3%180.241.8K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 10 found (avg delta 200.42, highest 999.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Jul 177.309.50$8.4026.2%1999.00--
$22.50Aug 217.008.20$7.6015.8%830.95--
$25.00Jul 174.205.40$4.8025.0%10.94--
$27.50Jul 171.652.90$2.2854.8%1260.94810
$27.50Aug 213.503.80$3.658.2%1140.72545
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Jul 170.000.40$0.20200.0%1999.00--
$32.50Jul 172.353.60$2.9841.9%50.96--
$32.50Aug 213.503.80$3.658.2%10.64--
$30.00Jul 170.450.85$0.6561.5%20.52532

Most actively traded options today. High liquidity = easy entry/exit. 23 active (total vol 905, top 126)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Jul 171.652.90$2.2854.8%1260.94810
$30.00Jul 170.400.70$0.5554.5%1210.481.6K
$27.50Aug 213.503.80$3.658.2%1140.72545
$32.50Aug 211.101.40$1.2524.0%850.372.2K
$22.50Aug 217.008.20$7.6015.8%830.95--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Jul 170.000.10$0.05200.0%1030.07286
$27.50Aug 210.851.20$1.0234.3%1020.281.4K
$25.00Aug 210.350.45$0.4025.0%220.141.3K
$30.00Aug 211.902.25$2.0816.8%180.46548
$25.00Jul 170.000.10$0.05200.0%120.04--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 85.1%, max 295.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.50Jul 17Aug 21150.5%58.1%158.9%24744
$27.50Jul 17Aug 2178.1%56.5%38.3%2401.4K
$30.00Jul 17Aug 2169.4%55.3%25.4%1343.8K
$32.50Jul 17Aug 2166.3%57.1%16.1%1272.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$22.50Jul 17Aug 21241.8%61.1%295.9%1167
$25.00Jul 17Aug 21143.7%57.1%151.9%341.3K
$27.50Jul 17Aug 2178.1%56.5%38.3%2051.7K
$30.00Jul 17Aug 2169.4%55.3%25.4%201.1K
$32.50Jul 17Aug 2166.3%57.1%16.1%6--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 9.00, avg 3.25)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.40$2.10$0.405.25$35.40
$32.50$35.00Aug 21$0.50$2.00$0.504.00$33.00
$30.00$32.50Jul 17$0.52$1.98$0.523.81$30.52
$30.00$32.50Aug 21$1.00$1.50$1.001.50$31.00
$27.50$30.00Aug 21$1.40$1.10$1.400.79$28.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$22.50Aug 21$0.25$2.25$0.259.00$24.75
$30.00$27.50Jul 17$0.60$1.90$0.603.17$29.40
$27.50$25.00Aug 21$0.62$1.88$0.623.03$26.88
$30.00$27.50Aug 21$1.06$1.44$1.061.36$28.94
$32.50$30.00Aug 21$1.57$0.93$1.570.59$30.93

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 13.71, avg 1.97)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.50$27.50Aug 21$3.95$3.95$1.053.76$26.45
$27.50$30.00Jul 17$1.73$1.73$0.772.25$29.23
$27.50$30.00Aug 21$1.40$1.40$1.101.27$28.90
$30.00$32.50Aug 21$1.00$1.00$1.500.67$31.00
$30.00$32.50Jul 17$0.52$0.52$1.980.26$30.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Jul 17$2.33$2.33$0.1713.71$30.17
$32.50$30.00Aug 21$1.57$1.57$0.931.69$30.93
$30.00$27.50Aug 21$1.06$1.06$1.440.74$28.94
$27.50$25.00Aug 21$0.62$0.62$1.880.33$26.88
$30.00$27.50Jul 17$0.60$0.60$1.900.32$29.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.05, cheapest $0.32)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$37.50Jul 17Aug 21$0.32150.5%58.1%
$32.50Jul 17Aug 21$1.2266.3%57.1%
$27.50Jul 17Aug 21$1.3778.1%56.5%
$30.00Jul 17Aug 21$1.7069.4%55.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.35143.7%57.1%
$27.50Jul 17Aug 21$0.9778.1%56.5%
$30.00Jul 17Aug 21$1.4369.4%55.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 0.77% of stock, avg 12.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Jul 17$0.03$0.20$0.23$32.27$32.730.77%
$30.00Jul 17$0.55$0.65$1.20$28.80$31.204.01%
$27.50Jul 17$2.28$0.05$2.33$25.17$29.837.78%
$30.00Aug 21$2.25$2.08$4.33$25.67$34.3314.47%
$27.50Aug 21$3.65$1.02$4.67$22.83$32.1715.60%
$25.00Jul 17$4.80$0.05$4.85$20.15$29.8516.20%
$32.50Aug 21$1.25$3.65$4.90$27.60$37.4016.37%
$22.50Aug 21$7.60$0.15$7.75$14.75$30.2525.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 13 found (cheapest 1.67% of stock, avg 5.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$37.50$22.50Aug 21$0.35$0.15$0.50$22.00$38.00
$30.00$27.50Jul 17$0.55$0.05$0.60$26.90$30.60
$37.50$25.00Aug 21$0.35$0.40$0.75$24.25$38.25
$35.00$22.50Aug 21$0.75$0.15$0.90$21.60$35.90
$35.00$25.00Aug 21$0.75$0.40$1.15$23.85$36.15
$37.50$27.50Aug 21$0.35$1.02$1.37$26.13$38.87
$32.50$22.50Aug 21$1.25$0.15$1.40$21.10$33.90
$32.50$25.00Aug 21$1.25$0.40$1.65$23.35$34.15
$35.00$27.50Aug 21$0.75$1.02$1.77$25.73$36.77
$32.50$27.50Aug 21$1.25$1.02$2.27$25.23$34.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 3.72, avg credit $1.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3235/38Aug 21$1.97$0.533.72$30.53$36.97
22/2528/30Aug 21$1.65$0.851.94$23.35$29.15
25/2830/32Aug 21$1.62$0.881.84$25.88$31.62
28/3032/35Aug 21$1.56$0.941.66$28.44$34.06
28/3035/38Aug 21$1.46$1.041.40$28.54$36.46
22/2530/32Aug 21$1.25$1.251.00$23.75$31.25
25/2832/35Aug 21$1.12$1.380.81$26.38$33.62
25/2835/38Aug 21$1.02$1.480.69$26.48$36.02
22/2532/35Aug 21$0.75$1.750.43$24.25$33.25
22/2535/38Aug 21$0.65$1.850.35$24.35$35.65

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$32.50$35.00$37.50Aug 21$0.10$2.4024.00
$27.50$30.00$32.50Aug 21$0.40$2.105.25
$30.00$32.50$35.00Aug 21$0.50$2.004.00
$25.00$27.50$30.00Jul 17$0.79$1.712.16
$27.50$30.00$32.50Jul 17$1.21$1.291.07
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$22.50$25.00$27.50Jul 17$0.05$2.4549.00
$22.50$25.00$27.50Aug 21$0.37$2.135.76
$25.00$27.50$30.00Aug 21$0.44$2.064.68
$27.50$30.00$32.50Aug 21$0.51$1.993.90
$25.00$27.50$30.00Jul 17$0.60$1.903.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 16 found (best net $-0.05, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$32.501:2Aug 21-$0.25$2.25
$32.50$35.001:2Aug 21-$0.25$2.25
$27.50$30.001:2Aug 21-$0.85$1.65
$22.50$27.501:2Aug 21$0.30$4.70
$35.00$37.501:2Aug 21$0.05$2.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$27.50$25.001:2Jul 17-$0.05$2.45
$25.00$22.501:2Jul 17-$0.15$2.35
$32.50$30.001:2Aug 21-$0.51$1.99
$30.00$27.501:2Aug 21$0.04$2.46
$25.00$22.501:2Aug 21$0.10$2.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 7.18%, avg 3.08%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$30.00Aug 21$2.150.540.2%7.18%7.42%132.3K
$32.50Aug 21$1.100.378.6%3.68%12.26%852.2K
$35.00Aug 21$0.700.2416.9%2.34%19.28%181.8K
$30.00Jul 17$0.400.480.2%1.34%1.57%1211.6K
$37.50Aug 21$0.250.1425.3%0.84%26.13%19744

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 772
Total Puts 355
Put/Call Ratio 0.46
Net Difference 417

Prior's Put/Call Breakdown

Total Calls 1,882
Total Puts 685
Put/Call Ratio 0.36
Net Difference 1,197

Prior 7-Day Put/Call Summary

Total Calls 10,260
Total Puts 2,667
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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