Tour v366
TSM
TAIWAN SEMICONDUCTOR ADR
$402.30 +0.99%
$402.82 (+0.13%)🌙
as of 07/20 06:05 PM
7/20 18:05

Option Volume

Detail
Current (07/20) 182,499
Calls: 68,778 (38%)
Puts: 113,721 (62%)
Prior (07/17) 283,403
Calls: 112,157 (40%)
Puts: 171,246 (60%)
Current vs Prior -35.60%
Calls: -38.68% (Calls)
Puts: -33.59% (Puts)
Prior 7-Day Total 1,865,621
Calls: 899,812 (48%)
Puts: 965,809 (52%)
Prior 7-Day Average 266,517
Calls: 128,544 (48%)
Puts: 137,972 (52%)
Current vs Prior 7-Day Avg -31.52%
Calls: -46.49%
Puts: -17.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/20) $215.19M
Calls: $109.17M (51%)
Puts: $106.02M (49%)
Prior (07/17) $308.92M
Calls: $152.46M (49%)
Puts: $156.46M (51%)
Current vs Prior -30.34%
Calls: -28.40%
Puts: -32.24%
Prior 7-Day Total $2.14B
Calls: $1.27B (59%)
Puts: $872.30M (41%)
Prior 7-Day Average $305.55M
Calls: $180.93M (59%)
Puts: $124.61M (41%)
Current vs Prior 7-Day Avg -29.57%
Calls: -39.66%
Puts: -14.92%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 1.65
Prior (07/17) 1.53
Current vs Prior +8.29%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg +44.61%
Sentiment BEARISH

Open Interest

Detail
Current (07/20) 1,904,340
Calls: 879,118 (46%)
Puts: 1,025,222 (54%)
Prior (07/17) 2,282,855
Calls: 1,037,752 (45%)
Puts: 1,245,103 (55%)
Current vs Prior -16.58%
Prior 7-Day Total 14,147,848
Calls: 6,246,142 (44%)
Puts: 7,901,706 (56%)
Prior 7-Day Average 2,021,121
Calls: 892,306 (44%)
Puts: 1,128,815 (56%)
Current vs Prior 7-Day Avg -5.78%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.56% | 8.71%12.86% | 17.84%
Prior 6.82% | 9.20%1.12% | 14.18%
Current vs Prior -18.57% | -5.27%+1045.72% | +25.77%
Prior 7-Day Avg 5.00% | 7.93%4.92% | 14.65%
Current vs 7-Day Avg +11.20% | +9.96%+161.07% | +21.72%
Prior 7-Day Eod 6.82% | 9.20%1.12% | 14.18%
Current vs 7-Day Eod -18.57% | -5.27%+1045.72% | +25.77%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 4.99% | 5.63%
Calls: 5.69% | 3.58%
Puts: 4.29% | 7.69%
Prior 17.54% | 5.54%
Calls: 14.81% | 5.41%
Puts: 20.26% | 5.67%
Current vs Prior -71.55% | +1.62%
Prior 7-Day Avg 13.00% | 5.98%
Calls: 9.71% | 5.81%
Puts: 16.28% | 6.15%
Current vs 7-Day Avg -61.62% | -5.79%
Liquidity Acceptable
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🤖 AI Insights

Extreme bearish P/C ratio of 1.65 - heavy put buying. Declining open interest (down 17%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 327 of results (avg 6.1%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Jul 2476.9578.95$77.952.6%--0.9928
$405.00Jul 3115.4015.85$15.632.9%2.8K0.50420
$335.00Jul 2467.0569.05$68.052.9%--0.9840
$325.00Jul 3178.2580.70$79.473.1%--0.9589
$340.00Aug 2168.4070.55$69.473.1%60.861.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Jul 2476.5078.50$77.502.6%--1.0014
$470.00Jul 2466.7068.50$67.602.7%81.00557
$475.00Jul 2471.5573.50$72.532.7%21.0053
$472.50Jul 2469.0071.00$70.002.9%41.00--
$475.00Jul 3171.8574.15$73.003.2%400.9429

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.62, cheapest $0.31)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Jul 240.280.33$0.3116.1%1.6K0.033.9K
$437.50Jul 240.871.01$0.9414.9%4360.09611
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 214 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$325.00Jul 2476.9578.95$77.952.6%--0.9928
$330.00Jul 2471.9074.35$73.133.4%20.9832
$335.00Jul 2467.0569.05$68.052.9%--0.9840
$340.00Jul 2462.1064.30$63.203.5%--0.9858
$345.00Jul 2457.2059.40$58.303.8%--0.9731
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Jul 2446.7048.70$47.704.2%71.001.5K
$452.50Jul 2449.1051.15$50.134.1%--1.0046
$455.00Jul 2451.5053.65$52.584.1%--1.00155
$457.50Jul 2454.0056.10$55.053.8%1801.00218
$460.00Jul 2456.5058.55$57.533.6%51.00100

Most actively traded options today. High liquidity = easy entry/exit. 442 active (total vol 116.8K, top 5.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Jul 240.670.86$0.7724.7%3.5K0.071.9K
$410.00Jul 246.807.35$7.077.8%3.3K0.401.7K
$410.00Jul 3112.8513.95$13.408.2%3.0K0.45437
$425.00Jul 242.482.70$2.598.5%2.9K0.202.4K
$435.00Jul 241.101.20$1.158.7%2.9K0.101.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Jul 317.858.65$8.259.7%5.6K0.28596
$400.00Aug 2122.6023.65$23.134.5%3.7K0.4513.6K
$385.00Jul 244.004.45$4.2210.7%3.4K0.2513.5K
$375.00Jul 242.252.53$2.3911.7%3.4K0.159.3K
$355.00Jul 240.690.89$0.7925.3%3.3K0.0614.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 109 strikes (avg 19.6%, max 57.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$330.00Jul 24Aug 2891.5%58.2%57.4%433
$325.00Jul 24Aug 2891.0%59.4%53.2%229
$335.00Jul 24Aug 2188.2%59.7%47.7%240
$340.00Jul 24Aug 2184.7%58.8%44.2%61.3K
$350.00Jul 24Aug 2880.4%56.1%43.5%61.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$330.00Jul 24Aug 2891.5%58.2%57.4%3513.6K
$325.00Jul 24Aug 2891.0%59.4%53.2%3981.6K
$335.00Jul 24Aug 2888.2%58.1%51.8%76486
$340.00Jul 24Aug 2884.7%56.9%48.9%500877
$345.00Jul 24Aug 2882.9%56.6%46.5%7201.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 306 found (best R:R 24.00, avg 3.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$450.00$452.50Jul 24$0.10$2.40$0.1024.00$450.10
$460.00$462.50Jul 31$0.12$2.38$0.1219.83$460.12
$442.50$445.00Jul 24$0.14$2.36$0.1416.86$442.64
$475.00$480.00Aug 7$0.28$4.72$0.2816.86$475.28
$465.00$467.50Jul 31$0.15$2.35$0.1515.67$465.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$355.00$352.50Jul 24$0.10$2.40$0.1024.00$354.90
$360.00$357.50Jul 24$0.14$2.36$0.1416.86$359.86
$330.00$327.50Jul 31$0.14$2.36$0.1416.86$329.86
$332.50$330.00Jul 31$0.15$2.35$0.1515.67$332.35
$340.00$337.50Jul 31$0.16$2.34$0.1614.63$339.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 423 found (best R:R 37.46, avg 2.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$335.00$340.00Jul 24$4.85$4.85$0.1532.33$339.85
$355.00$360.00Jul 24$4.85$4.85$0.1532.33$359.85
$325.00$330.00Jul 24$4.82$4.82$0.1826.78$329.82
$325.00$330.00Jul 31$4.75$4.75$0.2519.00$329.75
$330.00$335.00Jul 31$4.75$4.75$0.2519.00$334.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$475.00$470.00Jul 31$4.87$4.87$0.1337.46$470.13
$447.50$445.00Jul 24$2.40$2.40$0.1024.00$445.10
$480.00$475.00Jul 31$4.80$4.80$0.2024.00$475.20
$470.00$465.00Jul 31$4.78$4.78$0.2221.73$465.22
$465.00$460.00Jul 31$4.70$4.70$0.3015.67$460.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 109 found (avg debit $3.62, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Jul 24Jul 31$0.5366.2%55.9%
$477.50Jul 24Jul 31$0.6865.8%56.9%
$475.00Jul 24Jul 31$0.7564.0%56.5%
$472.50Jul 24Jul 31$0.7764.9%55.8%
$470.00Jul 24Jul 31$0.9659.8%56.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Jul 24Jul 31$0.3066.2%55.9%
$475.00Jul 24Jul 31$0.4764.0%56.5%
$470.00Jul 24Jul 31$0.5359.8%56.4%
$465.00Jul 24Jul 31$0.8258.8%55.9%
$460.00Jul 24Jul 31$1.1258.6%55.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 212 found (cheapest 5.20% of stock, avg 12.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$402.50Jul 24$10.60$10.30$20.90$381.60$423.405.20%
$405.00Jul 24$9.35$11.55$20.90$384.10$425.905.20%
$407.50Jul 24$8.13$12.85$20.98$386.52$428.485.22%
$400.00Jul 24$12.05$9.25$21.30$378.70$421.305.29%
$410.00Jul 24$7.07$14.30$21.37$388.63$431.375.31%
$397.50Jul 24$13.40$8.13$21.53$375.97$419.035.35%
$412.50Jul 24$6.08$15.85$21.93$390.57$434.435.45%
$395.00Jul 24$14.95$7.23$22.18$372.82$417.185.51%
$415.00Jul 24$5.18$17.45$22.63$392.37$437.635.63%
$392.50Jul 24$16.58$6.35$22.93$369.57$415.435.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.87% of stock, avg 8.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$415.00$392.50Jul 24$5.18$6.35$11.53$380.97$426.53
$415.00$395.00Jul 24$5.18$7.23$12.41$382.59$427.41
$412.50$392.50Jul 24$6.08$6.35$12.43$380.07$424.93
$412.50$395.00Jul 24$6.08$7.23$13.31$381.69$425.81
$415.00$397.50Jul 24$5.18$8.13$13.31$384.19$428.31
$410.00$392.50Jul 24$7.07$6.35$13.42$379.08$423.42
$412.50$397.50Jul 24$6.08$8.13$14.21$383.29$426.71
$410.00$395.00Jul 24$7.07$7.23$14.30$380.70$424.30
$415.00$400.00Jul 24$5.18$9.25$14.43$385.57$429.43
$407.50$392.50Jul 24$8.13$6.35$14.48$378.02$421.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 274 found (best R:R 34.71, avg credit $3.97)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
345/350360/365Aug 14$4.86$0.1434.71$345.14$364.86
350/355360/365Aug 7$4.85$0.1532.33$350.15$364.85
345/350365/370Aug 14$4.85$0.1532.33$345.15$369.85
355/360365/370Aug 14$4.85$0.1532.33$355.15$369.85
330/332335/340Jul 31$4.82$0.1826.78$327.68$339.82
345/350360/365Aug 7$4.82$0.1826.78$345.18$364.82
340/345355/360Aug 28$4.82$0.1826.78$340.18$359.82
345/350355/360Aug 28$4.82$0.1826.78$345.18$359.82
328/330335/340Jul 31$4.81$0.1925.32$325.19$339.81
360/365370/375Aug 14$4.80$0.2024.00$360.20$374.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 235 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$340.00$345.00$350.00Jul 31$0.06$4.9482.33
$410.00$415.00$420.00Aug 14$0.06$4.9482.33
$435.00$440.00$445.00Aug 21$0.06$4.9482.33
$345.00$350.00$355.00Jul 31$0.07$4.9370.43
$370.00$375.00$380.00Aug 21$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$345.00$350.00$355.00Aug 21$0.06$4.9482.33
$395.00$400.00$405.00Aug 28$0.06$4.9482.33
$430.00$435.00$440.00Aug 14$0.07$4.9370.43
$420.00$425.00$430.00Aug 21$0.07$4.9370.43
$345.00$350.00$355.00Aug 28$0.07$4.9370.43

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 103 found (best net $-1.33, 103 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$475.00$480.001:2Aug 7-$1.33$3.67
$470.00$475.001:2Aug 7-$1.51$3.49
$465.00$470.001:2Aug 7-$1.79$3.21
$460.00$465.001:2Aug 7-$2.22$2.78
$475.00$480.001:2Aug 14-$2.32$2.68
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$330.00$325.001:2Aug 7-$1.86$3.14
$335.00$330.001:2Aug 7-$2.14$2.86
$327.50$325.001:2Jul 24-$0.08$2.42
$340.00$335.001:2Aug 7-$2.61$2.39
$330.00$325.001:2Aug 14-$2.61$2.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 120 found (best yield 6.57%, avg 2.24%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$405.00Aug 28$26.450.520.7%6.57%7.25%29323
$402.50Aug 21$25.350.530.1%6.30%6.35%8--
$405.00Aug 21$24.150.520.7%6.00%6.67%99--
$410.00Aug 28$24.100.491.9%5.99%7.90%7163
$407.50Aug 21$23.000.501.3%5.72%7.01%40--
$415.00Aug 28$21.950.473.2%5.46%8.61%1440
$410.00Aug 21$21.750.491.9%5.41%7.32%2.2K1.6K
$405.00Aug 14$21.500.510.7%5.34%6.02%72180
$412.50Aug 21$20.600.472.5%5.12%7.66%10--
$402.50Aug 7$20.000.530.1%4.97%5.02%20--

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 68,778
Total Puts 113,721
Put/Call Ratio 1.65
Net Difference -44,943

Prior's Put/Call Breakdown

Total Calls 112,157
Total Puts 171,246
Put/Call Ratio 1.53
Net Difference -59,089

Prior 7-Day Put/Call Summary

Total Calls 899,812
Total Puts 965,809
Average Put/Call Ratio 1.14
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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