Tour v344
SM
SM ENERGY CO
$30.21 +0.94%
$30.03 (-0.60%)🌙
as of 07/16 07:01 PM
7/16 19:01

Option Volume

Detail
Current (07/16) 2,645
Calls: 888 (34%)
Puts: 1,757 (66%)
Prior (07/15) 1,127
Calls: 772 (69%)
Puts: 355 (31%)
Current vs Prior +134.69%
Calls: +15.03% (Calls)
Puts: +394.93% (Puts)
Prior 7-Day Total 13,043
Calls: 10,256 (79%)
Puts: 2,787 (21%)
Prior 7-Day Average 1,863
Calls: 1,465 (79%)
Puts: 398 (21%)
Current vs Prior 7-Day Avg +41.95%
Calls: -39.39%
Puts: +341.30%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16) $441.5K
Calls: $229.9K (52%)
Puts: $211.6K (48%)
Prior (07/15) $256.7K
Calls: $210.3K (82%)
Puts: $46.4K (18%)
Current vs Prior +71.98%
Calls: +9.34%
Puts: +355.59%
Prior 7-Day Total $4.22M
Calls: $3.84M (91%)
Puts: $383.4K (9%)
Prior 7-Day Average $603.4K
Calls: $548.6K (91%)
Puts: $54.8K (9%)
Current vs Prior 7-Day Avg -26.84%
Calls: -58.10%
Puts: +286.28%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 1.98
Prior (07/15) 0.46
Current vs Prior +330.28%
Prior 7-Day Average 0.46
Current vs Prior 7-Day Avg +329.50%
Sentiment BEARISH

Open Interest

Detail
Current (07/16) 22,342
Calls: 18,021 (81%)
Puts: 4,321 (19%)
Prior (07/15) 17,069
Calls: 11,711 (69%)
Puts: 5,358 (31%)
Current vs Prior +30.89%
Prior 7-Day Total 183,477
Calls: 133,115 (73%)
Puts: 50,362 (27%)
Prior 7-Day Average 26,211
Calls: 19,016 (73%)
Puts: 7,194 (27%)
Current vs Prior 7-Day Avg -14.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 3.14% | 14.17%3.14% | 14.17%
Prior 4.01% | 14.47%4.01% | 14.47%
Current vs Prior -21.57% | -2.07%-21.57% | -2.07%
Prior 7-Day Avg 28.79% | 15.36%28.79% | 15.36%
Current vs 7-Day Avg -89.08% | -7.77%-89.08% | -7.77%
Prior 7-Day Eod 4.01% | 14.47%4.01% | 14.47%
Current vs 7-Day Eod -21.57% | -2.07%-21.57% | -2.07%
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

Elevated premium activity with dollar volume up 72% vs prior. Unusually high activity with volume up 135% vs prior - elevated interest. Extreme bearish P/C ratio of 1.98 - heavy put buying. P/C ratio rising 330% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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 3 of results (avg 9.0%, best 7.8%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.50Aug 213.704.00$3.857.8%800.74--
$25.00Jul 175.105.60$5.359.3%21.00165
$22.50Aug 217.708.50$8.109.9%370.93--
PUTS (0)
No puts meet the criteria

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. 9 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 175.105.60$5.359.3%21.00165
$27.50Jul 172.503.20$2.8524.6%280.93742
$22.50Aug 217.708.50$8.109.9%370.93--
$25.00Aug 215.506.20$5.8512.0%590.88691
$27.50Aug 213.704.00$3.857.8%800.74--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Jul 171.852.40$2.1325.8%10.92--
$32.50Aug 213.203.60$3.4011.8%1010.62--

Most actively traded options today. High liquidity = easy entry/exit. 20 active (total vol 2.4K, top 902)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Aug 211.251.40$1.3311.3%2580.392.3K
$27.50Aug 213.704.00$3.857.8%800.74--
$25.00Aug 215.506.20$5.8512.0%590.88691
$37.50Aug 210.300.50$0.4050.0%520.15749
$30.00Jul 170.500.65$0.5726.3%430.571.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 210.300.50$0.4050.0%9020.131.3K
$30.00Aug 211.752.05$1.9015.8%7040.44538
$32.50Aug 213.203.60$3.4011.8%1010.62--
$27.50Aug 210.801.05$0.9326.9%110.261.4K
$25.00Jul 170.000.05$0.03166.7%90.02--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 113.7%, max 221.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 17Aug 21192.1%59.8%221.0%61856
$27.50Jul 17Aug 21122.9%56.7%116.9%108742
$32.50Jul 17Aug 21100.1%56.8%76.2%2623.0K
$30.00Jul 17Aug 2177.5%55.0%40.8%803.9K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 17Aug 21192.1%59.8%221.0%9111.3K
$27.50Jul 17Aug 21122.9%56.7%116.9%181.4K
$32.50Jul 17Aug 21100.1%56.8%76.2%102--
$30.00Jul 17Aug 2177.5%55.0%40.8%705538

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 10 found (best R:R 19.83, avg 4.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.35$2.15$0.356.14$35.35
$30.00$32.50Jul 17$0.52$1.98$0.523.81$30.52
$32.50$35.00Aug 21$0.58$1.92$0.583.31$33.08
$30.00$32.50Aug 21$1.05$1.45$1.051.38$31.05
$27.50$30.00Aug 21$1.47$1.03$1.470.70$28.97
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$22.50Aug 21$0.12$2.38$0.1219.83$24.88
$30.00$27.50Jul 17$0.33$2.17$0.336.58$29.67
$27.50$25.00Aug 21$0.53$1.97$0.533.72$26.97
$30.00$27.50Aug 21$0.97$1.53$0.971.58$29.03
$32.50$30.00Aug 21$1.50$1.00$1.500.67$31.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 10.36, avg 2.23)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$27.50$30.00Jul 17$2.28$2.28$0.2210.36$29.78
$22.50$25.00Aug 21$2.25$2.25$0.259.00$24.75
$25.00$27.50Aug 21$2.00$2.00$0.504.00$27.00
$27.50$30.00Aug 21$1.47$1.47$1.031.43$28.97
$30.00$32.50Aug 21$1.05$1.05$1.450.72$31.05
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Jul 17$1.75$1.75$0.752.33$30.75
$32.50$30.00Aug 21$1.50$1.50$1.001.50$31.00
$30.00$27.50Aug 21$0.97$0.97$1.530.63$29.03
$27.50$25.00Aug 21$0.53$0.53$1.970.27$26.97
$30.00$27.50Jul 17$0.33$0.33$2.170.15$29.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.08, cheapest $0.37)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.50192.1%59.8%
$27.50Jul 17Aug 21$1.00122.9%56.7%
$32.50Jul 17Aug 21$1.28100.1%56.8%
$30.00Jul 17Aug 21$1.8177.5%55.0%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.37192.1%59.8%
$27.50Jul 17Aug 21$0.88122.9%56.7%
$32.50Jul 17Aug 21$1.27100.1%56.8%
$30.00Jul 17Aug 21$1.5277.5%55.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 3.14% of stock, avg 14.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$30.00Jul 17$0.57$0.38$0.95$29.05$30.953.14%
$32.50Jul 17$0.05$2.13$2.18$30.32$34.687.22%
$27.50Jul 17$2.85$0.05$2.90$24.60$30.409.60%
$30.00Aug 21$2.38$1.90$4.28$25.72$34.2814.17%
$32.50Aug 21$1.33$3.40$4.73$27.77$37.2315.66%
$27.50Aug 21$3.85$0.93$4.78$22.72$32.2815.82%
$25.00Jul 17$5.35$0.03$5.38$19.62$30.3817.81%
$25.00Aug 21$5.85$0.40$6.25$18.75$31.2520.69%
$22.50Aug 21$8.10$0.28$8.38$14.12$30.8827.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 14 found (cheapest 0.33% of stock, avg 4.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$32.50$27.50Jul 17$0.05$0.05$0.10$27.40$32.60
$32.50$30.00Jul 17$0.05$0.38$0.43$29.57$32.93
$37.50$22.50Aug 21$0.40$0.28$0.68$21.82$38.18
$37.50$25.00Aug 21$0.40$0.40$0.80$24.20$38.30
$35.00$22.50Aug 21$0.75$0.28$1.03$21.47$36.03
$35.00$25.00Aug 21$0.75$0.40$1.15$23.85$36.15
$37.50$27.50Aug 21$0.40$0.93$1.33$26.17$38.83
$32.50$22.50Aug 21$1.33$0.28$1.61$20.89$34.11
$35.00$27.50Aug 21$0.75$0.93$1.68$25.82$36.68
$32.50$25.00Aug 21$1.33$0.40$1.73$23.27$34.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 2.85, avg credit $1.22)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3235/38Aug 21$1.85$0.652.85$30.65$36.85
22/2528/30Aug 21$1.59$0.911.75$23.41$29.09
25/2830/32Aug 21$1.58$0.921.72$25.92$31.58
28/3032/35Aug 21$1.55$0.951.63$28.45$34.05
28/3035/38Aug 21$1.32$1.181.12$28.68$36.32
22/2530/32Aug 21$1.17$1.330.88$23.83$31.17
25/2832/35Aug 21$1.11$1.390.80$26.39$33.61
25/2835/38Aug 21$0.88$1.620.54$26.62$35.88
22/2532/35Aug 21$0.70$1.800.39$24.30$33.20
22/2535/38Aug 21$0.47$2.030.23$24.53$35.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 10.36, cheapest $0.22)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Jul 17$0.22$2.2810.36
$32.50$35.00$37.50Aug 21$0.23$2.279.87
$22.50$25.00$27.50Aug 21$0.25$2.259.00
$27.50$30.00$32.50Aug 21$0.42$2.084.95
$30.00$32.50$35.00Aug 21$0.47$2.034.32
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Jul 17$0.31$2.197.06
$22.50$25.00$27.50Aug 21$0.41$2.095.10
$25.00$27.50$30.00Aug 21$0.44$2.064.68
$27.50$30.00$32.50Aug 21$0.53$1.973.72
$27.50$30.00$32.50Jul 17$1.42$1.080.76

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 15 found (best net $-0.01, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$37.501:2Aug 21-$0.05$2.45
$32.50$35.001:2Aug 21-$0.17$2.33
$30.00$32.501:2Aug 21-$0.28$2.22
$25.00$27.501:2Jul 17-$0.35$2.15
$27.50$30.001:2Aug 21-$0.91$1.59
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$27.50$25.001:2Jul 17-$0.01$2.49
$25.00$22.501:2Aug 21-$0.16$2.34
$32.50$30.001:2Aug 21-$0.40$2.10
$30.00$27.501:2Aug 21$0.04$2.46
$27.50$25.001:2Aug 21$0.13$2.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 4.14%, avg 2.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Aug 21$1.250.397.6%4.14%11.72%2582.3K
$35.00Aug 21$0.650.2515.9%2.15%18.01%14--
$37.50Aug 21$0.300.1524.1%0.99%25.12%52749

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 888
Total Puts 1,757
Put/Call Ratio 1.98
Net Difference -869

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,256
Total Puts 2,787
Average Put/Call Ratio 0.46
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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