Tour v345
STLD
STEEL DYNAMICS INC
$234.91 -0.03%
7/17 14:05

Option Volume

Detail
Current (07/17 2:05pm) 648
Calls: 542 (84%)
Puts: 106 (16%)
Prior (04/20) 3,236
Calls: 1,516 (47%)
Puts: 1,720 (53%)
Current vs Prior -79.98%
Calls: -64.25% (Calls)
Puts: -93.84% (Puts)
Prior 7-Day Total 3,934
Calls: 2,041 (52%)
Puts: 1,893 (48%)
Prior 7-Day Average 1,967
Calls: 291 (52%)
Puts: 270 (48%)
Current vs Prior 7-Day Avg -67.06%
Calls: +85.89%
Puts: -60.80%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17 2:05pm) $793.1K
Calls: $660.6K (83%)
Puts: $132.5K (17%)
Prior (04/20) $2.35M
Calls: $1.72M (73%)
Puts: $627.8K (27%)
Current vs Prior -66.28%
Calls: -61.69%
Puts: -78.89%
Prior 7-Day Total $3.02M
Calls: $2.31M (77%)
Puts: $707.1K (23%)
Prior 7-Day Average $1.51M
Calls: $330.1K (77%)
Puts: $101.0K (23%)
Current vs Prior 7-Day Avg -47.44%
Calls: +100.12%
Puts: +31.22%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17 2:05pm) 0.20
Prior (04/20) 1.13
Current vs Prior -82.76%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg -73.28%
Sentiment BULLISH

Open Interest

Detail
Current (07/17 2:05pm) 32,800
Calls: 20,694 (63%)
Puts: 12,106 (37%)
Prior (04/20) 33,943
Calls: 25,531 (75%)
Puts: 8,412 (25%)
Current vs Prior -3.37%
Prior 7-Day Total 71,603
Calls: 52,818 (74%)
Puts: 18,785 (26%)
Prior 7-Day Average 35,801
Calls: 26,409 (74%)
Puts: 9,392 (26%)
Current vs Prior 7-Day Avg -8.38%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 4.34% | 14.32%4.34% | 14.32%
Prior 5.22% | 11.55%-- | --
Current vs Prior -16.75% | +24.06%-- | --
Prior 7-Day Avg 8.67% | 13.67%-- | --
Current vs 7-Day Avg -49.90% | +4.78%-- | --
Prior 7-Day Eod 5.22% | 11.55%-- | --
Current vs 7-Day Eod -16.75% | +24.06%-- | --
Sentiment BULLISH--

Relative Spread

Detail
Expiry | Next
Current 52.12% | 6.21%
Calls: 60.61% | 7.54%
Puts: 43.64% | 4.88%
Prior 62.01% | 7.26%
Calls: 93.43% | 4.08%
Puts: 30.59% | 10.45%
Current vs Prior -15.95% | -14.46%
Prior 7-Day Avg 62.01% | 7.26%
Calls: 93.43% | 4.08%
Puts: 30.59% | 10.45%
Current vs 7-Day Avg -15.95% | -14.46%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($660.6K) vs puts ($132.5K). Light premium activity with dollar volume down 66% vs prior. Below-average activity with volume down 80% vs prior. Extreme bullish P/C ratio of 0.20 - heavy call buying (542 calls vs 106 puts).

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 15 of results (avg 7.2%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 2146.2048.90$47.555.7%--0.90153
$190.00Jul 1743.7046.90$45.307.1%--1.0048
$230.00Aug 2116.6017.90$17.257.5%30.5966
$220.00Aug 2122.3024.10$23.207.8%10.70157
$240.00Aug 2111.7012.70$12.208.2%310.48284
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Aug 2116.0016.80$16.404.9%30.52156
$230.00Aug 2110.9011.50$11.205.4%80.41126
$220.00Aug 217.107.50$7.305.5%20.30251
$250.00Aug 2122.2023.50$22.855.7%--0.6362
$280.00Aug 2145.0048.20$46.606.9%--0.8542

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. 19 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Jul 1743.7046.90$45.307.1%--1.0048
$200.00Jul 1733.7036.90$35.309.1%--1.0025
$220.00Jul 1713.8017.00$15.4020.8%--0.94105
$190.00Aug 2146.2048.90$47.555.7%--0.90153
$210.00Jul 1723.9027.00$25.4512.2%--0.89103
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$260.00Jul 1723.1026.30$24.7013.0%--0.9912
$270.00Jul 1733.0036.30$34.659.5%--0.9912
$250.00Jul 1713.0015.70$14.3518.8%90.97122
$240.00Jul 173.405.80$4.6052.2%220.93257
$280.00Aug 2145.0048.20$46.606.9%--0.8542

Most actively traded options today. High liquidity = easy entry/exit. 21 active (total vol 248, top 58)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$270.00Aug 213.504.10$3.8015.8%580.20197
$240.00Jul 170.000.20$0.10200.0%350.07579
$240.00Aug 2111.7012.70$12.208.2%310.48284
$230.00Jul 174.107.10$5.6053.6%160.79270
$260.00Jul 170.000.05$0.03166.7%140.01426
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Jul 173.405.80$4.6052.2%220.93257
$250.00Jul 1713.0015.70$14.3518.8%90.97122
$200.00Aug 212.352.90$2.6320.9%80.13776
$230.00Aug 2110.9011.50$11.205.4%80.41126
$210.00Aug 214.104.60$4.3511.5%70.20481

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 660.6%, max 1504.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Jul 17Aug 21581.4%48.6%1097.4%--145
$280.00Jul 17Aug 21576.8%49.3%1070.9%2202
$190.00Jul 17Aug 21635.1%57.6%1003.0%--201
$200.00Jul 17Aug 21526.4%50.5%943.1%--46
$270.00Jul 17Aug 21382.0%49.1%678.4%58484
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$195.00Jul 17Aug 21854.2%53.2%1504.1%--243
$210.00Jul 17Aug 21581.4%48.6%1097.4%7645
$190.00Jul 17Aug 21635.1%57.6%1003.0%--131
$200.00Jul 17Aug 21526.4%50.5%943.1%9890
$270.00Jul 17Aug 21382.0%49.1%678.4%--24

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 18 found (best R:R 40.67, avg 6.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$270.00$280.00Aug 21$1.33$8.67$1.336.52$271.33
$260.00$270.00Aug 21$2.00$8.00$2.004.00$262.00
$250.00$260.00Aug 21$2.75$7.25$2.752.64$252.75
$240.00$250.00Aug 21$3.65$6.35$3.651.74$243.65
$230.00$240.00Aug 21$5.05$4.95$5.050.98$235.05
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$195.00$190.00Aug 21$0.12$4.88$0.1240.67$194.88
$230.00$220.00Jul 17$0.52$9.48$0.5218.23$229.48
$200.00$195.00Aug 21$0.38$4.62$0.3812.16$199.62
$210.00$200.00Jul 17$0.90$9.10$0.9010.11$209.10
$210.00$200.00Aug 21$1.72$8.28$1.724.81$208.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 27 found (best R:R 65.67, avg 7.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$200.00$210.00Jul 17$9.85$9.85$0.1565.67$209.85
$220.00$230.00Jul 17$9.80$9.80$0.2049.00$229.80
$190.00$200.00Aug 21$9.20$9.20$0.8011.50$199.20
$200.00$210.00Aug 21$8.00$8.00$2.004.00$208.00
$210.00$220.00Aug 21$7.15$7.15$2.852.51$217.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$250.00$240.00Jul 17$9.75$9.75$0.2539.00$240.25
$280.00$270.00Aug 21$8.70$8.70$1.306.69$271.30
$270.00$260.00Aug 21$7.80$7.80$2.203.55$262.20
$260.00$250.00Aug 21$7.25$7.25$2.752.64$252.75
$250.00$240.00Aug 21$6.45$6.45$3.551.82$243.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $5.86, cheapest $1.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$280.00Jul 17Aug 21$2.24576.8%49.3%
$190.00Jul 17Aug 21$2.25635.1%57.6%
$200.00Jul 17Aug 21$3.05526.4%50.5%
$270.00Jul 17Aug 21$3.75382.0%49.1%
$210.00Jul 17Aug 21$4.90581.4%48.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$195.00Jul 17Aug 21$1.17854.2%53.2%
$190.00Jul 17Aug 21$2.00635.1%57.6%
$200.00Jul 17Aug 21$2.45526.4%50.5%
$270.00Jul 17Aug 21$3.25382.0%49.1%
$210.00Jul 17Aug 21$3.27581.4%48.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 2.00% of stock, avg 12.97%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$240.00Jul 17$0.10$4.60$4.70$235.30$244.702.00%
$230.00Jul 17$5.60$0.80$6.40$223.60$236.402.72%
$250.00Jul 17$0.10$14.35$14.45$235.55$264.456.15%
$220.00Jul 17$15.40$0.28$15.68$204.32$235.686.67%
$260.00Jul 17$0.03$24.70$24.73$235.27$284.7310.53%
$210.00Jul 17$25.45$1.08$26.53$183.47$236.5311.29%
$230.00Aug 21$17.25$11.20$28.45$201.55$258.4512.11%
$240.00Aug 21$12.20$16.40$28.60$211.40$268.6012.17%
$220.00Aug 21$23.20$7.30$30.50$189.50$250.5012.98%
$250.00Aug 21$8.55$22.85$31.40$218.60$281.4013.37%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 29 found (cheapest 0.16% of stock, avg 4.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$240.00$220.00Jul 17$0.10$0.28$0.38$219.62$240.38
$240.00$230.00Jul 17$0.10$0.80$0.90$229.10$240.90
$240.00$210.00Jul 17$0.10$1.08$1.18$208.82$241.18
$240.00$195.00Jul 17$0.10$1.08$1.18$193.82$241.18
$280.00$195.00Aug 21$2.47$2.25$4.72$190.28$284.72
$280.00$200.00Aug 21$2.47$2.63$5.10$194.90$285.10
$270.00$195.00Aug 21$3.80$2.25$6.05$188.95$276.05
$270.00$200.00Aug 21$3.80$2.63$6.43$193.57$276.43
$280.00$210.00Aug 21$2.47$4.35$6.82$203.18$286.82
$260.00$195.00Aug 21$5.80$2.25$8.05$186.95$268.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 38 found (best R:R 6.04, avg credit $5.60)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
250/260270/280Aug 21$8.58$1.426.04$251.42$278.58
240/250260/270Aug 21$8.45$1.555.45$241.55$268.45
190/195200/210Aug 21$8.12$1.884.32$186.88$208.12
210/220230/240Aug 21$8.00$2.004.00$212.00$238.00
230/240250/260Aug 21$7.95$2.053.88$232.05$257.95
240/250270/280Aug 21$7.78$2.223.50$242.22$277.78
200/210220/230Aug 21$7.67$2.333.29$202.33$227.67
220/230240/250Aug 21$7.55$2.453.08$222.45$247.55
195/200210/220Aug 21$7.53$2.473.05$192.47$217.53
190/195210/220Aug 21$7.27$2.732.66$187.73$217.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 110.11, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$250.00$260.00$270.00Jul 17$0.09$9.91110.11
$190.00$200.00$210.00Jul 17$0.15$9.8565.67
$260.00$270.00$280.00Jul 17$0.16$9.8461.50
$210.00$220.00$230.00Jul 17$0.25$9.7539.00
$260.00$270.00$280.00Aug 21$0.67$9.3313.93
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$190.00$195.00$200.00Aug 21$0.26$4.7418.23
$250.00$260.00$270.00Aug 21$0.55$9.4517.18
$240.00$250.00$260.00Jul 17$0.60$9.4015.67
$240.00$250.00$260.00Aug 21$0.80$9.2011.50
$260.00$270.00$280.00Aug 21$0.90$9.1010.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.07, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$260.00$270.001:2Jul 17-$0.07$9.93
$240.00$250.001:2Jul 17-$0.10$9.90
$270.00$280.001:2Jul 17-$0.41$9.59
$270.00$280.001:2Aug 21-$1.14$8.86
$260.00$270.001:2Aug 21-$1.80$8.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Aug 21-$0.91$9.09
$220.00$210.001:2Aug 21-$1.40$8.60
$220.00$210.001:2Jul 17-$1.88$8.12
$230.00$220.001:2Aug 21-$3.40$6.60
$260.00$250.001:2Jul 17-$4.00$6.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 4.98%, avg 2.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$240.00Aug 21$11.700.482.2%4.98%7.15%31284
$250.00Aug 21$8.100.376.4%3.45%9.87%92.9K
$260.00Aug 21$5.400.2810.7%2.30%12.98%3285
$270.00Aug 21$3.500.2014.9%1.49%16.43%58197
$280.00Aug 21$2.150.1419.2%0.92%20.11%2142

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 542
Total Puts 106
Put/Call Ratio 0.20
Net Difference 436

Prior's Put/Call Breakdown

Total Calls 1,516
Total Puts 1,720
Put/Call Ratio 1.13
Net Difference -204

Prior 7-Day Put/Call Summary

Total Calls 2,041
Total Puts 1,893
Average Put/Call Ratio 0.73
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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