Tour v346
SM
SM ENERGY CO
$31.32 +3.67%
$31.66 (+1.09%)🌙
as of 07/17 07:18 PM
7/17 19:18

Option Volume

Detail
Current (07/17) 2,231
Calls: 1,810 (81%)
Puts: 421 (19%)
Prior (07/16) 2,645
Calls: 888 (34%)
Puts: 1,757 (66%)
Current vs Prior -15.65%
Calls: +103.83% (Calls)
Puts: -76.04% (Puts)
Prior 7-Day Total 14,118
Calls: 9,986 (71%)
Puts: 4,132 (29%)
Prior 7-Day Average 2,016
Calls: 1,426 (71%)
Puts: 590 (29%)
Current vs Prior 7-Day Avg +10.62%
Calls: +26.88%
Puts: -28.68%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17) $563.9K
Calls: $527.5K (94%)
Puts: $36.4K (6%)
Prior (07/16) $441.5K
Calls: $229.9K (52%)
Puts: $211.6K (48%)
Current vs Prior +27.73%
Calls: +129.46%
Puts: -82.82%
Prior 7-Day Total $4.42M
Calls: $3.88M (88%)
Puts: $542.4K (12%)
Prior 7-Day Average $632.1K
Calls: $554.6K (88%)
Puts: $77.5K (12%)
Current vs Prior 7-Day Avg -10.79%
Calls: -4.88%
Puts: -53.09%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 0.23
Prior (07/16) 1.98
Current vs Prior -88.24%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg -66.41%
Sentiment BULLISH

Open Interest

Detail
Current (07/17) 32,894
Calls: 24,921 (76%)
Puts: 7,973 (24%)
Prior (07/16) 22,342
Calls: 18,021 (81%)
Puts: 4,321 (19%)
Current vs Prior +47.23%
Prior 7-Day Total 171,051
Calls: 125,435 (73%)
Puts: 45,616 (27%)
Prior 7-Day Average 24,435
Calls: 17,919 (73%)
Puts: 6,516 (27%)
Current vs Prior 7-Day Avg +34.61%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 4.98% | 14.69%4.98% | 14.69%
Prior 3.14% | 14.17%3.14% | 14.17%
Current vs Prior +367.05% | +30.71%+58.39% | +3.67%
Prior 7-Day Avg 22.74% | 15.02%22.74% | 15.02%
Current vs 7-Day Avg -35.42% | +23.33%-78.10% | -2.19%
Prior 7-Day Eod 3.14% | 14.17%3.14% | 14.17%
Current vs 7-Day Eod +367.05% | +30.71%+58.39% | +3.67%
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 94% of dollar volume in calls ($527.5K) vs puts ($36.4K). Extreme bullish P/C ratio of 0.23 - heavy call buying (1,810 calls vs 421 puts). P/C ratio dropping 88% - sentiment shifting bullish. Call-heavy open interest (24,921 calls vs 7,973 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 BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 7.9%, best 6.7%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.50Aug 218.609.20$8.906.7%70.95--
$30.00Aug 212.853.10$2.988.4%1040.642.2K
$27.50Aug 214.404.80$4.608.7%1170.80677
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.98, cheapest $0.98)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 210.901.05$0.9815.3%680.301.8K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 9 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 175.106.70$5.9027.1%251.00--
$22.50Aug 218.609.20$8.906.7%70.95--
$27.50Jul 173.704.10$3.9010.3%2230.94739
$25.00Aug 216.106.90$6.5012.3%30.91632
$30.00Jul 171.201.55$1.3825.4%3430.901.6K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.50Jul 170.702.35$1.53107.8%20.92432
$32.50Aug 212.652.95$2.8010.7%240.54745

Most actively traded options today. High liquidity = easy entry/exit. 21 active (total vol 1.5K, top 343)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Jul 171.201.55$1.3825.4%3430.901.6K
$32.50Aug 211.651.95$1.8016.7%3090.462.1K
$27.50Jul 173.704.10$3.9010.3%2230.94739
$27.50Aug 214.404.80$4.608.7%1170.80677
$30.00Aug 212.853.10$2.988.4%1040.642.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 210.200.35$0.2853.6%1370.092.2K
$27.50Aug 210.600.80$0.7028.6%710.201.4K
$32.50Aug 212.652.95$2.8010.7%240.54745
$22.50Aug 210.050.30$0.18138.9%170.05357
$30.00Aug 211.251.65$1.4527.6%90.361.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 1076.5%, max 1918.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$27.50Jul 17Aug 211167.1%57.8%1918.7%3401.4K
$35.00Jul 17Aug 21795.2%57.6%1280.2%712.5K
$30.00Jul 17Aug 21460.7%54.7%741.7%4473.8K
$32.50Jul 17Aug 21333.6%58.8%467.1%3142.9K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$27.50Jul 17Aug 211167.1%57.8%1918.7%751.6K
$30.00Jul 17Aug 21460.7%54.7%741.7%111.1K
$32.50Jul 17Aug 21333.6%58.8%467.1%261.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 11 found (best R:R 24.00, avg 4.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$35.00$37.50Aug 21$0.25$2.25$0.259.00$35.25
$37.50$40.00Aug 21$0.43$2.07$0.434.81$37.93
$32.50$35.00Aug 21$0.82$1.68$0.822.05$33.32
$30.00$32.50Aug 21$1.18$1.32$1.181.12$31.18
$30.00$32.50Jul 17$1.35$1.15$1.350.85$31.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$22.50Aug 21$0.10$2.40$0.1024.00$24.90
$27.50$25.00Aug 21$0.42$2.08$0.424.95$27.08
$30.00$27.50Aug 21$0.75$1.75$0.752.33$29.25
$32.50$30.00Jul 17$1.20$1.30$1.201.08$31.30
$32.50$30.00Aug 21$1.35$1.15$1.350.85$31.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 4.00, avg 1.13)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.00$27.50Jul 17$2.00$2.00$0.504.00$27.00
$25.00$27.50Aug 21$1.90$1.90$0.603.17$26.90
$27.50$30.00Aug 21$1.62$1.62$0.881.84$29.12
$30.00$32.50Jul 17$1.35$1.35$1.151.17$31.35
$30.00$32.50Aug 21$1.18$1.18$1.320.89$31.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$32.50$30.00Aug 21$1.35$1.35$1.151.17$31.15
$32.50$30.00Jul 17$1.20$1.20$1.300.92$31.30
$30.00$27.50Aug 21$0.75$0.75$1.750.43$29.25
$27.50$25.00Aug 21$0.42$0.42$2.080.20$27.08
$25.00$22.50Aug 21$0.10$0.10$2.400.04$24.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.05, cheapest $0.37)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$25.00Jul 17Aug 21$0.60-999.0%60.0%
$27.50Jul 17Aug 21$0.701167.1%57.8%
$35.00Jul 17Aug 21$0.95795.2%57.6%
$30.00Jul 17Aug 21$1.60460.7%54.7%
$32.50Jul 17Aug 21$1.77333.6%58.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$27.50Jul 17Aug 21$0.371167.1%57.8%
$30.00Jul 17Aug 21$1.12460.7%54.7%
$32.50Jul 17Aug 21$1.27333.6%58.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 4.98% of stock, avg 15.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$32.50Jul 17$0.03$1.53$1.56$30.94$34.064.98%
$30.00Jul 17$1.38$0.33$1.71$28.29$31.715.46%
$27.50Jul 17$3.90$0.33$4.23$23.27$31.7313.51%
$30.00Aug 21$2.98$1.45$4.43$25.57$34.4314.14%
$32.50Aug 21$1.80$2.80$4.60$27.90$37.1014.69%
$27.50Aug 21$4.60$0.70$5.30$22.20$32.8016.92%
$25.00Aug 21$6.50$0.28$6.78$18.22$31.7821.65%
$22.50Aug 21$8.90$0.18$9.08$13.42$31.5828.99%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 18 found (cheapest 1.15% of stock, avg 4.68%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$32.50$30.00Jul 17$0.03$0.33$0.36$29.64$32.86
$32.50$27.50Jul 17$0.03$0.33$0.36$27.14$32.86
$40.00$22.50Aug 21$0.30$0.18$0.48$22.02$40.48
$40.00$25.00Aug 21$0.30$0.28$0.58$24.42$40.58
$37.50$22.50Aug 21$0.73$0.18$0.91$21.59$38.41
$40.00$27.50Aug 21$0.30$0.70$1.00$26.50$41.00
$37.50$25.00Aug 21$0.73$0.28$1.01$23.99$38.51
$35.00$22.50Aug 21$0.98$0.18$1.16$21.34$36.16
$35.00$25.00Aug 21$0.98$0.28$1.26$23.74$36.26
$37.50$27.50Aug 21$0.73$0.70$1.43$26.07$38.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 2.47, avg credit $1.16)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
30/3238/40Aug 21$1.78$0.722.47$30.72$39.28
22/2528/30Aug 21$1.72$0.782.21$23.28$29.22
25/2830/32Aug 21$1.60$0.901.78$25.90$31.60
30/3235/38Aug 21$1.60$0.901.78$30.90$36.60
28/3032/35Aug 21$1.57$0.931.69$28.43$34.07
22/2530/32Aug 21$1.28$1.221.05$23.72$31.28
25/2832/35Aug 21$1.24$1.260.98$26.26$33.74
28/3038/40Aug 21$1.18$1.320.89$28.82$38.68
28/3035/38Aug 21$1.00$1.500.67$29.00$36.00
22/2532/35Aug 21$0.92$1.580.58$24.08$33.42

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 7.93, cheapest $0.28)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$25.00$27.50$30.00Aug 21$0.28$2.227.93
$30.00$32.50$35.00Aug 21$0.36$2.145.94
$27.50$30.00$32.50Aug 21$0.44$2.064.68
$22.50$25.00$27.50Aug 21$0.50$2.004.00
$32.50$35.00$37.50Aug 21$0.57$1.933.39
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$22.50$25.00$27.50Aug 21$0.32$2.186.81
$25.00$27.50$30.00Aug 21$0.33$2.176.58
$27.50$30.00$32.50Aug 21$0.60$1.903.17
$27.50$30.00$32.50Jul 17$1.20$1.301.08

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 $-0.03, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$32.50$35.001:2Jul 17-$0.03$2.47
$32.50$35.001:2Aug 21-$0.16$2.34
$35.00$37.501:2Aug 21-$0.48$2.02
$30.00$32.501:2Aug 21-$0.62$1.88
$27.50$30.001:2Aug 21-$1.36$1.14
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$25.00$22.501:2Aug 21-$0.08$2.42
$32.50$30.001:2Aug 21-$0.10$2.40
$30.00$27.501:2Jul 17-$0.33$2.17
$30.00$27.501:2Aug 21$0.05$2.45
$27.50$25.001:2Aug 21$0.14$2.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 5.27%, avg 2.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$32.50Aug 21$1.650.463.8%5.27%9.04%3092.1K
$35.00Aug 21$0.900.3011.8%2.87%14.62%681.8K
$37.50Aug 21$0.450.2219.7%1.44%21.17%9790
$40.00Aug 21$0.200.1127.7%0.64%28.35%8--

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 1,810
Total Puts 421
Put/Call Ratio 0.23
Net Difference 1,389

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 9,986
Total Puts 4,132
Average Put/Call Ratio 0.69
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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