Tour v344
STLD
STEEL DYNAMICS INC
$234.98 -0.25%
7/16 19:03

Option Volume

Detail
Current (07/16) 1,338
Calls: 523 (39%)
Puts: 815 (61%)
Prior (07/15) 734
Calls: 470 (64%)
Puts: 264 (36%)
Current vs Prior +82.29%
Calls: +11.28% (Calls)
Puts: +208.71% (Puts)
Prior 7-Day Total 7,803
Calls: 5,685 (73%)
Puts: 2,118 (27%)
Prior 7-Day Average 1,114
Calls: 812 (73%)
Puts: 302 (27%)
Current vs Prior 7-Day Avg +20.03%
Calls: -35.60%
Puts: +169.36%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16) $1.47M
Calls: $422.6K (29%)
Puts: $1.05M (71%)
Prior (07/15) $1.29M
Calls: $823.9K (64%)
Puts: $468.2K (36%)
Current vs Prior +13.67%
Calls: -48.71%
Puts: +123.42%
Prior 7-Day Total $12.77M
Calls: $7.55M (59%)
Puts: $5.21M (41%)
Prior 7-Day Average $1.82M
Calls: $1.08M (59%)
Puts: $745.0K (41%)
Current vs Prior 7-Day Avg -19.46%
Calls: -60.82%
Puts: +40.42%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 1.56
Prior (07/15) 0.56
Current vs Prior +177.43%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg +270.44%
Sentiment BEARISH

Open Interest

Detail
Current (07/16) 8,434
Calls: 6,437 (76%)
Puts: 1,997 (24%)
Prior (07/15) 9,184
Calls: 7,689 (84%)
Puts: 1,495 (16%)
Current vs Prior -8.17%
Prior 7-Day Total 46,151
Calls: 37,993 (82%)
Puts: 8,158 (18%)
Prior 7-Day Average 6,593
Calls: 5,427 (82%)
Puts: 1,165 (18%)
Current vs Prior 7-Day Avg +27.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 5.21% | 14.21%5.21% | 14.21%
Prior 6.33% | 14.88%6.33% | 14.88%
Current vs Prior -17.58% | -4.47%-17.58% | -4.47%
Prior 7-Day Avg 7.63% | 15.07%7.63% | 15.07%
Current vs 7-Day Avg -31.65% | -5.66%-31.65% | -5.66%
Prior 7-Day Eod 6.33% | 14.88%6.33% | 14.88%
Current vs 7-Day Eod -17.58% | -4.47%-17.58% | -4.47%
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 bearish flow with 71% put dollar volume ($1.05M). Above-average activity with volume up 82% vs prior. Extreme bearish P/C ratio of 1.56 - heavy put buying. P/C ratio rising 177% - 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 6 of results (avg 8.1%, best 6.1%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 2146.1049.00$47.556.1%10.90--
$200.00Aug 2137.2040.40$38.808.2%10.8621
$220.00Aug 2122.4024.50$23.459.0%10.69156
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Jul 1733.5036.20$34.857.7%180.91--
$250.00Aug 2121.7023.50$22.608.0%20.63--
$240.00Aug 2115.4016.90$16.159.3%120.52146

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. 12 found (avg delta 0.78, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Jul 1723.6026.80$25.2012.7%10.90--
$190.00Aug 2146.1049.00$47.556.1%10.90--
$200.00Aug 2137.2040.40$38.808.2%10.8621
$230.00Jul 175.207.40$6.3034.9%20.79272
$220.00Aug 2122.4024.50$23.459.0%10.69156
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Jul 1713.2015.90$14.5518.6%330.94--
$270.00Jul 1733.5036.20$34.857.7%180.91--
$260.00Jul 1723.2026.10$24.6511.8%180.90--
$240.00Jul 174.807.10$5.9538.7%130.78261
$250.00Aug 2121.7023.50$22.608.0%20.63--

Most actively traded options today. High liquidity = easy entry/exit. 26 active (total vol 840, top 188)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2111.6013.60$12.6015.9%1740.48110
$250.00Jul 170.000.50$0.25200.0%1660.06--
$240.00Jul 170.451.15$0.8087.5%420.22574
$250.00Aug 217.809.10$8.4515.4%320.372.9K
$260.00Aug 215.006.10$5.5519.8%90.28281
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Aug 216.608.90$7.7529.7%1880.3170
$200.00Aug 212.402.90$2.6518.9%1000.13743
$250.00Jul 1713.2015.90$14.5518.6%330.94--
$260.00Jul 1723.2026.10$24.6511.8%180.90--
$270.00Jul 1733.5036.20$34.857.7%180.91--

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 73.3%, max 326.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$270.00Jul 17Aug 21201.5%47.3%326.0%5290
$250.00Jul 17Aug 2180.1%48.7%64.3%1982.9K
$230.00Jul 17Aug 2153.9%47.5%13.6%4272
$240.00Jul 17Aug 2154.9%50.5%8.8%216684
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$220.00Jul 17Aug 2192.0%49.2%87.1%190256
$250.00Jul 17Aug 2180.1%48.7%64.3%35--
$230.00Jul 17Aug 2153.9%47.5%13.6%14313
$240.00Jul 17Aug 2154.9%50.5%8.8%25407

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 14 found (best R:R 22.81, avg 4.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$240.00$250.00Jul 17$0.55$9.45$0.5517.18$240.55
$270.00$280.00Aug 21$0.80$9.20$0.8011.50$270.80
$260.00$270.00Aug 21$2.05$7.95$2.053.88$262.05
$250.00$260.00Aug 21$2.90$7.10$2.902.45$252.90
$240.00$250.00Aug 21$4.15$5.85$4.151.41$244.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$230.00$220.00Jul 17$0.42$9.58$0.4222.81$229.58
$220.00$200.00Aug 21$5.10$14.90$5.102.92$214.90
$230.00$220.00Aug 21$3.70$6.30$3.701.70$226.30
$240.00$230.00Aug 21$4.70$5.30$4.701.13$235.30
$240.00$230.00Jul 17$5.15$4.85$5.150.94$234.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 17.18, avg 2.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$210.00$230.00Jul 17$18.90$18.90$1.1017.18$228.90
$190.00$200.00Aug 21$8.75$8.75$1.257.00$198.75
$200.00$220.00Aug 21$15.35$15.35$4.653.30$215.35
$220.00$230.00Aug 21$6.20$6.20$3.801.63$226.20
$230.00$240.00Jul 17$5.50$5.50$4.501.22$235.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$240.00Jul 17$8.60$8.60$1.406.14$241.40
$250.00$240.00Aug 21$6.45$6.45$3.551.82$243.55
$240.00$230.00Jul 17$5.15$5.15$4.851.06$234.85
$240.00$230.00Aug 21$4.70$4.70$5.300.89$235.30
$230.00$220.00Aug 21$3.70$3.70$6.300.59$226.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $8.72, cheapest $2.52)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$270.00Jul 17Aug 21$2.52201.5%47.3%
$250.00Jul 17Aug 21$8.2080.1%48.7%
$230.00Jul 17Aug 21$10.9553.9%47.5%
$240.00Jul 17Aug 21$11.8054.9%50.5%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Jul 17Aug 21$7.3792.0%49.2%
$250.00Jul 17Aug 21$8.0580.1%48.7%
$240.00Jul 17Aug 21$10.2054.9%50.5%
$230.00Jul 17Aug 21$10.6553.9%47.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 2.87% of stock, avg 10.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$240.00Jul 17$0.80$5.95$6.75$233.25$246.752.87%
$230.00Jul 17$6.30$0.80$7.10$222.90$237.103.02%
$250.00Jul 17$0.25$14.55$14.80$235.20$264.806.30%
$210.00Jul 17$25.20$0.90$26.10$183.90$236.1011.11%
$230.00Aug 21$17.25$11.45$28.70$201.30$258.7012.21%
$240.00Aug 21$12.60$16.15$28.75$211.25$268.7512.24%
$250.00Aug 21$8.45$22.60$31.05$218.95$281.0513.21%
$220.00Aug 21$23.45$7.75$31.20$188.80$251.2013.28%
$270.00Jul 17$0.98$34.85$35.83$234.17$305.8315.25%
$200.00Aug 21$38.80$2.65$41.45$158.55$241.4517.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 24 found (cheapest 0.27% of stock, avg 3.90%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$250.00$220.00Jul 17$0.25$0.38$0.63$219.37$250.63
$250.00$230.00Jul 17$0.25$0.80$1.05$228.95$251.05
$250.00$210.00Jul 17$0.25$0.90$1.15$208.85$251.15
$240.00$220.00Jul 17$0.80$0.38$1.18$218.82$241.18
$270.00$220.00Jul 17$0.98$0.38$1.36$218.64$271.36
$240.00$230.00Jul 17$0.80$0.80$1.60$228.40$241.60
$240.00$210.00Jul 17$0.80$0.90$1.70$208.30$241.70
$270.00$230.00Jul 17$0.98$0.80$1.78$228.22$271.78
$270.00$210.00Jul 17$0.98$0.90$1.88$208.12$271.88
$280.00$200.00Aug 21$2.70$2.65$5.35$194.65$285.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 5.67, avg credit $6.75)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
240/250260/270Aug 21$8.50$1.505.67$241.50$268.50
220/230240/250Aug 21$7.85$2.153.65$222.15$247.85
230/240250/260Aug 21$7.60$2.403.17$232.40$257.60
240/250270/280Aug 21$7.25$2.752.64$242.75$277.25
230/240260/270Aug 21$6.75$3.252.08$233.25$266.75
220/230250/260Aug 21$6.60$3.401.94$223.40$256.60
220/230260/270Aug 21$5.75$4.251.35$224.25$265.75
230/240270/280Aug 21$5.50$4.501.22$234.50$275.50
200/220230/240Aug 21$9.75$10.250.95$210.25$239.75
200/220240/250Aug 21$9.25$10.750.86$210.75$249.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 99.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$230.00$240.00$250.00Aug 21$0.50$9.5019.00
$250.00$260.00$270.00Aug 21$0.85$9.1510.76
$240.00$250.00$260.00Aug 21$1.25$8.757.00
$260.00$270.00$280.00Aug 21$1.25$8.757.00
$220.00$230.00$240.00Aug 21$1.55$8.455.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Jul 17$0.10$9.9099.00
$210.00$220.00$230.00Jul 17$0.94$9.069.64
$220.00$230.00$240.00Aug 21$1.00$9.009.00
$240.00$250.00$260.00Jul 17$1.50$8.505.67
$230.00$240.00$250.00Aug 21$1.75$8.254.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 19 found (best net $-1.71, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$250.00$270.001:2Jul 17-$1.71$18.29
$200.00$220.001:2Aug 21-$8.10$11.90
$260.00$270.001:2Aug 21-$1.45$8.55
$270.00$280.001:2Aug 21-$1.90$8.10
$250.00$260.001:2Aug 21-$2.65$7.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$220.00$210.001:2Jul 17-$1.42$8.58
$230.00$220.001:2Aug 21-$4.05$5.95
$260.00$250.001:2Jul 17-$4.45$5.55
$240.00$230.001:2Aug 21-$6.75$3.25
$250.00$240.001:2Aug 21-$9.70$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 4.94%, avg 2.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$11.600.482.1%4.94%7.07%174110
$250.00Aug 21$7.800.376.4%3.32%9.71%322.9K
$260.00Aug 21$5.000.2810.7%2.13%12.78%9281
$270.00Aug 21$3.200.1914.9%1.36%16.27%2--
$280.00Aug 21$2.200.1519.2%0.94%20.10%1--
$240.00Jul 17$0.450.222.1%0.19%2.33%42574

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 523
Total Puts 815
Put/Call Ratio 1.56
Net Difference -292

Prior's Put/Call Breakdown

Total Calls 470
Total Puts 264
Put/Call Ratio 0.56
Net Difference 206

Prior 7-Day Put/Call Summary

Total Calls 5,685
Total Puts 2,118
Average Put/Call Ratio 0.42
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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