Tour v325
STLD
STEEL DYNAMICS INC
$234.14 +2.50%
7/13 19:04

Option Volume

Detail
Current (07/13) 969
Calls: 808 (83%)
Puts: 161 (17%)
Prior (07/10) 915
Calls: 794 (87%)
Puts: 121 (13%)
Current vs Prior +5.90%
Calls: +1.76% (Calls)
Puts: +33.06% (Puts)
Prior 7-Day Total 8,556
Calls: 6,505 (76%)
Puts: 2,051 (24%)
Prior 7-Day Average 1,222
Calls: 929 (76%)
Puts: 293 (24%)
Current vs Prior 7-Day Avg -20.72%
Calls: -13.05%
Puts: -45.05%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $823.3K
Calls: $614.7K (75%)
Puts: $208.6K (25%)
Prior (07/10) $808.5K
Calls: $597.8K (74%)
Puts: $210.7K (26%)
Current vs Prior +1.84%
Calls: +2.84%
Puts: -1.00%
Prior 7-Day Total $10.17M
Calls: $5.86M (58%)
Puts: $4.31M (42%)
Prior 7-Day Average $1.45M
Calls: $837.1K (58%)
Puts: $615.7K (42%)
Current vs Prior 7-Day Avg -43.33%
Calls: -26.56%
Puts: -66.13%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.20
Prior (07/10) 0.15
Current vs Prior +30.75%
Prior 7-Day Average 0.48
Current vs Prior 7-Day Avg -58.88%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 7,490
Calls: 6,628 (88%)
Puts: 862 (12%)
Prior (07/10) 6,322
Calls: 5,239 (83%)
Puts: 1,083 (17%)
Current vs Prior +18.48%
Prior 7-Day Total 38,097
Calls: 29,810 (78%)
Puts: 8,287 (22%)
Prior 7-Day Average 5,442
Calls: 4,258 (78%)
Puts: 1,183 (22%)
Current vs Prior 7-Day Avg +37.62%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 7.07% | 15.42%7.07% | 15.42%
Prior 7.60% | 14.78%7.60% | 14.78%
Current vs Prior -6.94% | +4.35%-6.94% | +4.35%
Prior 7-Day Avg 8.94% | 15.57%8.56% | 15.23%
Current vs 7-Day Avg -20.97% | -0.95%-17.46% | +1.21%
Prior 7-Day Eod 7.60% | 14.78%7.60% | 14.78%
Current vs 7-Day Eod -6.94% | +4.35%-6.94% | +4.35%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 8.44% | 6.81%
Calls: 7.74% | 7.52%
Puts: 9.14% | 6.11%
Prior 8.44% | 6.81%
Calls: 7.74% | 7.52%
Puts: 9.14% | 6.11%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 8.44% | 6.81%
Calls: 7.74% | 7.52%
Puts: 9.14% | 6.11%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Pricy
+
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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($614.7K). Extreme bullish P/C ratio of 0.20 - heavy call buying (808 calls vs 161 puts). P/C ratio rising 31% - increased hedging/bearish positioning. Call-heavy open interest (6,628 calls vs 862 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 7 of results (avg 7.4%, best 4.4%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 2117.9018.70$18.304.4%380.5872
$250.00Aug 219.109.90$9.508.4%2420.382.9K
$220.00Aug 2122.7025.00$23.859.6%20.68157
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Aug 2146.4049.20$47.805.9%10.8222
$260.00Aug 2130.2032.40$31.307.0%10.70--
$270.00Aug 2138.0040.80$39.407.1%10.77--
$230.00Aug 2112.6013.80$13.209.1%490.42121

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 0.73, highest 0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Jul 1723.4026.30$24.8511.7%50.92109
$220.00Jul 1714.1017.40$15.7521.0%10.85--
$220.00Aug 2122.7025.00$23.859.6%20.68157
$230.00Jul 177.308.30$7.8012.8%500.64197
$230.00Aug 2117.9018.70$18.304.4%380.5872
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$280.00Aug 2146.4049.20$47.805.9%10.8222
$270.00Aug 2138.0040.80$39.407.1%10.77--
$260.00Aug 2130.2032.40$31.307.0%10.70--
$240.00Jul 178.209.30$8.7512.6%360.65227

Most actively traded options today. High liquidity = easy entry/exit. 23 active (total vol 832, top 242)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Aug 219.109.90$9.508.4%2420.382.9K
$250.00Jul 170.801.40$1.1054.5%1440.15494
$260.00Aug 216.207.20$6.7014.9%1030.29179
$260.00Jul 170.001.25$0.63198.4%750.08365
$230.00Jul 177.308.30$7.8012.8%500.64197
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Aug 2112.6013.80$13.209.1%490.42121
$240.00Jul 178.209.30$8.7512.6%360.65227
$230.00Jul 173.003.90$3.4526.1%260.36170
$220.00Jul 170.851.35$1.1045.5%80.14223
$210.00Aug 214.506.70$5.6039.3%30.23--

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 15.8%, max 37.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$260.00Jul 17Aug 2170.6%51.3%37.5%178544
$220.00Jul 17Aug 2159.1%51.3%15.1%3157
$250.00Jul 17Aug 2159.2%51.4%15.1%3863.4K
$230.00Jul 17Aug 2155.3%50.4%9.9%88269
$240.00Jul 17Aug 2156.7%52.5%8.0%40678
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$220.00Jul 17Aug 2159.1%51.3%15.1%9290
$230.00Jul 17Aug 2155.3%50.4%9.9%75291

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 20.28, avg 3.65)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$250.00$260.00Jul 17$0.47$9.53$0.4720.28$250.47
$270.00$280.00Aug 21$1.25$8.75$1.257.00$271.25
$240.00$250.00Jul 17$2.05$7.95$2.053.88$242.05
$260.00$270.00Aug 21$2.10$7.90$2.103.76$262.10
$250.00$260.00Aug 21$2.80$7.20$2.802.57$252.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$210.00$195.00Aug 21$2.67$12.33$2.674.62$207.33
$230.00$220.00Jul 17$2.35$7.65$2.353.26$227.65
$220.00$210.00Aug 21$3.50$6.50$3.501.86$216.50
$230.00$220.00Aug 21$4.10$5.90$4.101.44$225.90
$240.00$230.00Jul 17$5.30$4.70$5.300.89$234.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 10.11, avg 1.72)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$210.00$220.00Jul 17$9.10$9.10$0.9010.11$219.10
$220.00$230.00Jul 17$7.95$7.95$2.053.88$227.95
$220.00$230.00Aug 21$5.55$5.55$4.451.25$225.55
$230.00$240.00Aug 21$4.85$4.85$5.150.94$234.85
$230.00$240.00Jul 17$4.65$4.65$5.350.87$234.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$280.00$270.00Aug 21$8.40$8.40$1.605.25$271.60
$270.00$260.00Aug 21$8.10$8.10$1.904.26$261.90
$260.00$230.00Aug 21$18.10$18.10$11.901.52$241.90
$240.00$230.00Jul 17$5.30$5.30$4.701.13$234.70
$230.00$220.00Aug 21$4.10$4.10$5.900.69$225.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $8.73, cheapest $6.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$260.00Jul 17Aug 21$6.0770.6%51.3%
$220.00Jul 17Aug 21$8.1059.1%51.3%
$250.00Jul 17Aug 21$8.4059.2%51.4%
$240.00Jul 17Aug 21$10.3056.7%52.5%
$230.00Jul 17Aug 21$10.5055.3%50.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Jul 17Aug 21$8.0059.1%51.3%
$230.00Jul 17Aug 21$9.7555.3%50.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 4.80% of stock, avg 12.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$230.00Jul 17$7.80$3.45$11.25$218.75$241.254.80%
$240.00Jul 17$3.15$8.75$11.90$228.10$251.905.08%
$220.00Jul 17$15.75$1.10$16.85$203.15$236.857.20%
$230.00Aug 21$18.30$13.20$31.50$198.50$261.5013.45%
$220.00Aug 21$23.85$9.10$32.95$187.05$252.9514.07%
$260.00Aug 21$6.70$31.30$38.00$222.00$298.0016.23%
$270.00Aug 21$4.60$39.40$44.00$226.00$314.0018.79%
$280.00Aug 21$3.35$47.80$51.15$228.85$331.1521.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 26 found (cheapest 0.74% of stock, avg 5.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$260.00$220.00Jul 17$0.63$1.10$1.73$218.27$261.73
$250.00$220.00Jul 17$1.10$1.10$2.20$217.80$252.20
$260.00$230.00Jul 17$0.63$3.45$4.08$225.92$264.08
$240.00$220.00Jul 17$3.15$1.10$4.25$215.75$244.25
$250.00$230.00Jul 17$1.10$3.45$4.55$225.45$254.55
$280.00$195.00Aug 21$3.35$2.93$6.28$188.72$286.28
$240.00$230.00Jul 17$3.15$3.45$6.60$223.40$246.60
$270.00$195.00Aug 21$4.60$2.93$7.53$187.47$277.53
$280.00$210.00Aug 21$3.35$5.60$8.95$201.05$288.95
$260.00$195.00Aug 21$6.70$2.93$9.63$185.37$269.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 5.06, avg credit $6.73)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
210/220230/240Aug 21$8.35$1.655.06$211.65$238.35
220/230240/250Aug 21$8.05$1.954.13$221.95$248.05
210/220240/250Aug 21$7.45$2.552.92$212.55$247.45
220/230250/260Aug 21$6.90$3.102.23$223.10$256.90
230/260270/280Aug 21$19.35$10.651.82$240.65$289.35
210/220250/260Aug 21$6.30$3.701.70$213.70$256.30
220/230260/270Aug 21$6.20$3.801.63$223.80$266.20
230/240250/260Jul 17$5.77$4.231.36$234.23$255.77
210/220260/270Aug 21$5.60$4.401.27$214.40$265.60
195/210220/230Aug 21$8.22$6.781.21$201.78$228.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 32.33, cheapest $0.30)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$220.00$230.00$240.00Aug 21$0.70$9.3013.29
$250.00$260.00$270.00Aug 21$0.70$9.3013.29
$260.00$270.00$280.00Aug 21$0.85$9.1510.76
$230.00$240.00$250.00Aug 21$0.90$9.1010.11
$210.00$220.00$230.00Jul 17$1.15$8.857.70
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$260.00$270.00$280.00Aug 21$0.30$9.7032.33
$210.00$220.00$230.00Aug 21$0.60$9.4015.67
$220.00$230.00$240.00Jul 17$2.95$7.052.39

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 $-0.26, 10 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$250.00$260.001:2Jul 17-$0.16$9.84
$270.00$280.001:2Aug 21-$2.10$7.90
$260.00$270.001:2Aug 21-$2.50$7.50
$250.00$260.001:2Aug 21-$3.90$6.10
$240.00$250.001:2Aug 21-$5.55$4.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$195.001:2Aug 21-$0.26$14.74
$220.00$210.001:2Aug 21-$2.10$7.90
$230.00$220.001:2Aug 21-$5.00$5.00
$260.00$230.001:2Aug 21$4.90$25.10
$230.00$220.001:2Jul 17$1.25$8.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 5.38%, avg 2.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$12.600.482.5%5.38%7.88%27100
$250.00Aug 21$9.100.386.8%3.89%10.66%2422.9K
$260.00Aug 21$6.200.2911.0%2.65%13.69%103179
$270.00Aug 21$3.500.2215.3%1.49%16.81%4194
$240.00Jul 17$2.700.352.5%1.15%3.66%13578
$280.00Aug 21$2.600.1719.6%1.11%20.70%1140
$250.00Jul 17$0.800.156.8%0.34%7.12%144494

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 808
Total Puts 161
Put/Call Ratio 0.20
Net Difference 647

Prior's Put/Call Breakdown

Total Calls 794
Total Puts 121
Put/Call Ratio 0.15
Net Difference 673

Prior 7-Day Put/Call Summary

Total Calls 6,505
Total Puts 2,051
Average Put/Call Ratio 0.48
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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