Tour v492
UTHR
UNITED THERAPEUTICS
$521.85 +0.61%
8/5 14:09

Option Volume

Detail
Current (08/05 2:05pm) 612
Calls: 32 (5%)
Puts: 580 (95%)
Prior (08/04) 457
Calls: 223 (49%)
Puts: 234 (51%)
Current vs Prior +33.92%
Calls: -85.65% (Calls)
Puts: +147.86% (Puts)
Prior 7-Day Total 9,907
Calls: 7,085 (72%)
Puts: 2,822 (28%)
Prior 7-Day Average 1,981
Calls: 1,012 (72%)
Puts: 403 (28%)
Current vs Prior 7-Day Avg -69.11%
Calls: -96.84%
Puts: +43.87%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05 2:05pm) $981.8K
Calls: $133.8K (14%)
Puts: $848.0K (86%)
Prior (08/04) $1.13M
Calls: $613.1K (54%)
Puts: $513.6K (46%)
Current vs Prior -12.86%
Calls: -78.17%
Puts: +65.11%
Prior 7-Day Total $33.38M
Calls: $29.76M (89%)
Puts: $3.62M (11%)
Prior 7-Day Average $6.68M
Calls: $4.25M (89%)
Puts: $517.0K (11%)
Current vs Prior 7-Day Avg -85.29%
Calls: -96.85%
Puts: +64.02%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05 2:05pm) 18.12
Prior (08/04) 1.05
Current vs Prior +1627.30%
Prior 7-Day Average 0.78
Current vs Prior 7-Day Avg +2210.57%
Sentiment BEARISH

Open Interest

Detail
Current (08/05 2:05pm) 14,739
Calls: 7,039 (48%)
Puts: 7,700 (52%)
Prior (08/04) 14,127
Calls: 6,771 (48%)
Puts: 7,356 (52%)
Current vs Prior +4.33%
Prior 7-Day Total 122,964
Calls: 70,558 (57%)
Puts: 52,406 (43%)
Prior 7-Day Average 24,592
Calls: 14,111 (57%)
Puts: 10,481 (43%)
Current vs Prior 7-Day Avg -40.07%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 6.35% | 11.02%
Prior 4.94% | 9.57%
Current vs Prior +28.61% | +15.13%
Prior 7-Day Avg 8.59% | 13.21%
Current vs 7-Day Avg -26.04% | -16.57%
Prior 7-Day Eod 4.94% | 9.57%
Current vs 7-Day Eod +28.61% | +15.13%
Sentiment BEARISH

Relative Spread

Detail
Expiry | Next
Current 37.55% | 15.60%
Calls: 45.30% | 12.77%
Puts: 29.79% | 18.43%
Prior 20.95% | 13.83%
Calls: 26.85% | 15.85%
Puts: 15.05% | 11.81%
Current vs Prior +79.24% | +12.80%
Prior 7-Day Avg 20.48% | 17.95%
Calls: 21.73% | 18.71%
Puts: 19.25% | 17.18%
Current vs 7-Day Avg +83.30% | -13.08%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 86% of dollar volume in puts ($848.0K) vs calls ($133.8K). Extreme bearish P/C ratio of 18.12 - heavy put buying. P/C ratio rising 1627% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 1 of results (avg 9.7%, best 9.7%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Aug 2156.8062.60$59.709.7%--0.87284

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. 8 found (avg delta 0.67, highest 0.87)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Sep 1826.4030.00$28.2012.8%40.53145
$520.00Aug 2111.1017.60$14.3545.3%--0.5158
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Aug 2156.8062.60$59.709.7%--0.87284
$560.00Aug 2138.4044.40$41.4014.5%--0.8213
$550.00Aug 2130.0036.00$33.0018.2%--0.78259
$540.00Aug 2122.6028.30$25.4522.4%--0.70261
$530.00Aug 2116.0021.60$18.8029.8%--0.591.1K

Most actively traded options today. High liquidity = easy entry/exit. 22 active (total vol 431, top 346)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 210.004.10$2.05200.0%60.09188
$520.00Sep 1826.4030.00$28.2012.8%40.53145
$550.00Aug 212.506.40$4.4587.6%30.22505
$590.00Aug 210.052.90$1.48192.6%20.08699
$530.00Sep 1821.6025.40$23.5016.2%10.48186
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 213.607.80$5.7073.7%3460.27478
$510.00Aug 217.2011.90$9.5549.2%200.38903
$480.00Sep 186.5012.30$9.4061.7%150.231
$460.00Sep 182.408.00$5.20107.7%110.14--
$470.00Sep 184.109.30$6.7077.6%40.1847

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 21.3%, max 51.8%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$580.00Aug 21Sep 1843.9%36.5%20.4%1254
$570.00Aug 21Sep 1843.5%36.2%20.1%1282
$590.00Aug 21Sep 1840.9%37.0%10.8%3708
$560.00Aug 21Sep 1837.4%36.6%2.1%156
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$460.00Aug 21Sep 1855.2%36.4%51.8%1451
$470.00Aug 21Sep 1843.5%35.4%22.9%5969

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 25 found (best R:R 19.83, avg 4.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$550.00$560.00Aug 21$0.57$9.43$0.5716.54$550.57
$570.00$580.00Aug 21$1.15$8.85$1.157.70$571.15
$580.00$590.00Aug 21$1.42$8.58$1.426.04$581.42
$580.00$590.00Sep 18$1.45$8.55$1.455.90$581.45
$540.00$550.00Aug 21$1.75$8.25$1.754.71$541.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$450.00$440.00Aug 21$0.48$9.52$0.4819.83$449.52
$490.00$470.00Aug 21$1.47$18.53$1.4712.61$488.53
$500.00$490.00Aug 21$1.15$8.85$1.157.70$498.85
$470.00$460.00Sep 18$1.50$8.50$1.505.67$468.50
$460.00$450.00Aug 21$2.50$7.50$2.503.00$457.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 28 found (best R:R 10.76, avg 1.15)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$520.00$530.00Sep 18$4.70$4.70$5.300.89$524.70
$520.00$530.00Aug 21$4.10$4.10$5.900.69$524.10
$530.00$540.00Aug 21$4.05$4.05$5.950.68$534.05
$530.00$560.00Sep 18$11.10$11.10$18.900.59$541.10
$560.00$570.00Sep 18$2.70$2.70$7.300.37$562.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$580.00$560.00Aug 21$18.30$18.30$1.7010.76$561.70
$560.00$550.00Aug 21$8.40$8.40$1.605.25$551.60
$550.00$540.00Aug 21$7.55$7.55$2.453.08$542.45
$540.00$530.00Aug 21$6.65$6.65$3.351.99$533.35
$520.00$510.00Sep 18$5.45$5.45$4.551.20$514.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $7.89, cheapest $0.95)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$590.00Aug 21Sep 18$4.9240.9%37.0%
$580.00Aug 21Sep 18$4.9543.9%36.5%
$570.00Aug 21Sep 18$5.6543.5%36.2%
$560.00Aug 21Sep 18$8.5237.4%36.6%
$530.00Aug 21Sep 18$13.2533.6%37.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$460.00Aug 21Sep 18$0.9555.2%36.4%
$470.00Aug 21Sep 18$3.6243.5%35.4%
$500.00Aug 21Sep 18$8.7031.2%33.4%
$510.00Aug 21Sep 18$9.2532.2%33.8%
$520.00Aug 21Sep 18$10.5031.3%34.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 5.38% of stock, avg 8.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$520.00Aug 21$14.35$13.75$28.10$491.90$548.105.38%
$530.00Aug 21$10.25$18.80$29.05$500.95$559.055.57%
$540.00Aug 21$6.20$25.45$31.65$508.35$571.656.06%
$550.00Aug 21$4.45$33.00$37.45$512.55$587.457.18%
$560.00Aug 21$3.88$41.40$45.28$514.72$605.288.68%
$520.00Sep 18$28.20$24.25$52.45$467.55$572.4510.05%
$530.00Sep 18$23.50$29.30$52.80$477.20$582.8010.12%
$580.00Aug 21$2.90$59.70$62.60$517.40$642.6012.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.56% of stock, avg 3.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$560.00$460.00Aug 21$3.88$4.25$8.13$451.87$568.13
$570.00$460.00Aug 21$4.05$4.25$8.30$451.70$578.30
$560.00$490.00Aug 21$3.88$4.55$8.43$481.57$568.43
$570.00$490.00Aug 21$4.05$4.55$8.60$481.40$578.60
$550.00$460.00Aug 21$4.45$4.25$8.70$451.30$558.70
$550.00$490.00Aug 21$4.45$4.55$9.00$481.00$559.00
$560.00$500.00Aug 21$3.88$5.70$9.58$490.42$569.58
$570.00$500.00Aug 21$4.05$5.70$9.75$490.25$579.75
$550.00$500.00Aug 21$4.45$5.70$10.15$489.85$560.15
$540.00$460.00Aug 21$6.20$4.25$10.45$449.55$550.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 73 found (best R:R 54.56, avg credit $6.20)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
550/560580/590Aug 21$9.82$0.1854.56$550.18$589.82
550/560570/580Aug 21$9.55$0.4521.22$550.45$579.55
500/510520/530Sep 18$9.10$0.9010.11$500.90$529.10
540/550580/590Aug 21$8.97$1.038.71$541.03$588.97
540/550570/580Aug 21$8.70$1.306.69$541.30$578.70
510/520530/540Aug 21$8.25$1.754.71$511.75$538.25
510/520560/570Sep 18$8.15$1.854.41$511.85$568.15
530/540580/590Aug 21$8.07$1.934.18$531.93$588.07
500/510520/530Aug 21$7.95$2.053.88$502.05$527.95
500/510530/540Aug 21$7.90$2.103.76$502.10$537.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 17 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$520.00$530.00$540.00Aug 21$0.05$9.95199.00
$570.00$580.00$590.00Sep 18$0.40$9.6024.00
$550.00$560.00$570.00Aug 21$0.74$9.2612.51
$560.00$570.00$580.00Sep 18$0.85$9.1510.76
$540.00$550.00$560.00Aug 21$1.18$8.827.47
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$500.00$510.00$520.00Aug 21$0.35$9.6527.57
$430.00$440.00$450.00Aug 21$0.48$9.5219.83
$510.00$520.00$530.00Aug 21$0.85$9.1510.76
$540.00$550.00$560.00Aug 21$0.85$9.1510.76
$530.00$540.00$550.00Aug 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. 26 found (best net $-1.30, 25 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$560.001:2Sep 18-$1.30$28.70
$600.00$620.001:2Aug 21-$5.35$14.65
$580.00$590.001:2Aug 21-$0.06$9.94
$570.00$580.001:2Aug 21-$1.75$8.25
$530.00$540.001:2Aug 21-$2.15$7.85
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$490.00$470.001:2Aug 21-$1.61$18.39
$500.00$480.001:2Sep 18-$4.40$15.60
$450.00$440.001:2Aug 21-$0.79$9.21
$430.00$420.001:2Aug 21-$1.27$8.73
$440.00$430.001:2Aug 21-$1.27$8.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 4.14%, avg 1.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Sep 18$21.600.481.6%4.14%5.70%1186
$560.00Sep 18$10.700.317.3%2.05%9.36%1--
$570.00Sep 18$8.400.269.2%1.61%10.84%177
$530.00Aug 21$7.700.411.6%1.48%3.04%--17
$580.00Sep 18$5.200.2211.1%1.00%12.14%1--
$540.00Aug 21$4.100.293.5%0.79%4.26%--23
$590.00Sep 18$4.000.1813.1%0.77%13.83%19
$550.00Aug 21$2.500.225.4%0.48%5.87%3505
$560.00Aug 21$0.150.187.3%0.03%7.34%--56

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 32
Total Puts 580
Put/Call Ratio 18.12
Net Difference -548

Prior's Put/Call Breakdown

Total Calls 223
Total Puts 234
Put/Call Ratio 1.05
Net Difference -11

Prior 7-Day Put/Call Summary

Total Calls 7,085
Total Puts 2,822
Average Put/Call Ratio 0.78
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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