Tour v487
VIAV
VIAVI SOLUTIONS INC
$37.75 +2.17%
$38.00 (+0.66%)🌙
as of 08/03 06:08 PM
8/3 18:08

Option Volume

Detail
Current (08/03) 943
Calls: 801 (85%)
Puts: 142 (15%)
Prior (07/31) 1,979
Calls: 1,751 (88%)
Puts: 228 (12%)
Current vs Prior -52.35%
Calls: -54.25% (Calls)
Puts: -37.72% (Puts)
Prior 7-Day Total 23,291
Calls: 15,075 (65%)
Puts: 8,216 (35%)
Prior 7-Day Average 3,327
Calls: 2,153 (65%)
Puts: 1,173 (35%)
Current vs Prior 7-Day Avg -71.66%
Calls: -62.81%
Puts: -87.90%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03) $361.1K
Calls: $305.1K (84%)
Puts: $56.1K (16%)
Prior (07/31) $963.0K
Calls: $840.9K (87%)
Puts: $122.1K (13%)
Current vs Prior -62.50%
Calls: -63.72%
Puts: -54.09%
Prior 7-Day Total $8.21M
Calls: $5.35M (65%)
Puts: $2.86M (35%)
Prior 7-Day Average $1.17M
Calls: $763.8K (65%)
Puts: $409.0K (35%)
Current vs Prior 7-Day Avg -69.21%
Calls: -60.06%
Puts: -86.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 0.18
Prior (07/31) 0.13
Current vs Prior +36.15%
Prior 7-Day Average 0.41
Current vs Prior 7-Day Avg -56.84%
Sentiment BULLISH

Open Interest

Detail
Current (08/03) 101,845
Calls: 67,698 (66%)
Puts: 34,147 (34%)
Prior (07/31) 100,579
Calls: 66,480 (66%)
Puts: 34,099 (34%)
Current vs Prior +1.26%
Prior 7-Day Total 460,866
Calls: 332,474 (72%)
Puts: 128,392 (28%)
Prior 7-Day Average 65,838
Calls: 47,496 (72%)
Puts: 18,341 (28%)
Current vs Prior 7-Day Avg +54.69%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 23.05% | 31.26%
Prior 23.00% | 30.99%
Current vs Prior +0.18% | +0.87%
Prior 7-Day Avg 25.21% | 32.69%
Current vs 7-Day Avg -8.59% | -4.37%
Prior 7-Day Eod 23.00% | 30.99%
Current vs 7-Day Eod +0.18% | +0.87%
Sentiment BEARISH

Relative Spread

Detail
Expiry | Next
Current 15.91% | 13.56%
Calls: 15.73% | 13.33%
Puts: 16.09% | 13.79%
Prior 16.22% | 16.62%
Calls: 21.69% | 15.65%
Puts: 10.75% | 17.60%
Current vs Prior -1.91% | -18.41%
Prior 7-Day Avg 14.94% | 10.77%
Calls: 15.66% | 11.74%
Puts: 14.22% | 9.80%
Current vs 7-Day Avg +6.49% | +25.86%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($305.1K) vs puts ($56.1K). Light premium activity with dollar volume down 62% vs prior. Below-average activity with volume down 52% vs prior. Extreme bullish P/C ratio of 0.18 - heavy call buying (801 calls vs 142 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 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 -- of results (avg --%, best --%)

No options available for this category

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. 11 found (avg delta 0.61, highest 0.69)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$34.00Aug 215.106.60$5.8525.6%--0.6928
$35.00Aug 215.205.80$5.5010.9%30.6644
$36.00Aug 214.505.30$4.9016.3%20.6214
$37.00Aug 214.004.80$4.4018.2%40.5835
$38.00Aug 213.704.30$4.0015.0%890.5454
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 218.709.70$9.2010.9%--0.68466
$44.00Aug 217.408.50$7.9513.8%--0.6525
$43.00Aug 217.108.50$7.8017.9%--0.6339
$42.00Aug 216.307.00$6.6510.5%--0.6043
$41.00Aug 215.807.00$6.4018.8%--0.5646

Most actively traded options today. High liquidity = easy entry/exit. 18 active (total vol 300, top 89)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Aug 213.704.30$4.0015.0%890.5454
$40.00Aug 212.753.50$3.1324.0%560.46616
$45.00Aug 211.502.45$1.9848.0%360.32477
$41.00Aug 212.603.20$2.9020.7%190.4367
$44.00Aug 211.702.60$2.1541.9%180.3451
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$33.00Aug 211.602.55$2.0845.7%140.2724
$34.00Aug 211.902.60$2.2531.1%130.3032
$35.00Aug 212.353.10$2.7327.5%120.341.5K
$37.00Aug 213.204.00$3.6022.2%100.4231
$36.00Aug 212.903.50$3.2018.8%40.3834

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 5.67, avg 2.21)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$44.00$45.00Aug 21$0.17$0.83$0.174.88$44.17
$40.00$41.00Aug 21$0.23$0.77$0.233.35$40.23
$39.00$40.00Aug 21$0.25$0.75$0.253.00$39.25
$42.00$43.00Aug 21$0.25$0.75$0.253.00$42.25
$34.00$35.00Aug 21$0.35$0.65$0.351.86$34.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$44.00$43.00Aug 21$0.15$0.85$0.155.67$43.85
$34.00$33.00Aug 21$0.17$0.83$0.174.88$33.83
$42.00$41.00Aug 21$0.25$0.75$0.253.00$41.75
$32.00$31.00Aug 21$0.30$0.70$0.302.33$31.70
$37.00$36.00Aug 21$0.40$0.60$0.401.50$36.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 2.33, avg 0.78)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$38.00$39.00Aug 21$0.62$0.62$0.381.63$38.62
$35.00$36.00Aug 21$0.60$0.60$0.401.50$35.60
$36.00$37.00Aug 21$0.50$0.50$0.501.00$36.50
$41.00$42.00Aug 21$0.42$0.42$0.580.72$41.42
$37.00$38.00Aug 21$0.40$0.40$0.600.67$37.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$38.00$37.00Aug 21$0.70$0.70$0.302.33$37.30
$40.00$39.00Aug 21$0.65$0.65$0.351.86$39.35
$35.00$34.00Aug 21$0.48$0.48$0.520.92$34.52
$36.00$35.00Aug 21$0.47$0.47$0.530.89$35.53
$33.00$32.00Aug 21$0.43$0.43$0.570.75$32.57

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 21.19% of stock, avg 23.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$37.00Aug 21$4.40$3.60$8.00$29.00$45.0021.19%
$39.00Aug 21$3.38$4.70$8.08$30.92$47.0821.40%
$34.00Aug 21$5.85$2.25$8.10$25.90$42.1021.46%
$36.00Aug 21$4.90$3.20$8.10$27.90$44.1021.46%
$35.00Aug 21$5.50$2.73$8.23$26.77$43.2321.80%
$38.00Aug 21$4.00$4.30$8.30$29.70$46.3021.99%
$40.00Aug 21$3.13$5.35$8.48$31.52$48.4822.46%
$42.00Aug 21$2.48$6.65$9.13$32.87$51.1324.19%
$41.00Aug 21$2.90$6.40$9.30$31.70$50.3024.64%
$43.00Aug 21$2.23$7.80$10.03$32.97$53.0326.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 11.87% of stock, avg 16.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$43.00$34.00Aug 21$2.23$2.25$4.48$29.52$47.48
$42.00$34.00Aug 21$2.48$2.25$4.73$29.27$46.73
$43.00$35.00Aug 21$2.23$2.73$4.96$30.04$47.96
$41.00$34.00Aug 21$2.90$2.25$5.15$28.85$46.15
$42.00$35.00Aug 21$2.48$2.73$5.21$29.79$47.21
$40.00$34.00Aug 21$3.13$2.25$5.38$28.62$45.38
$43.00$36.00Aug 21$2.23$3.20$5.43$30.57$48.43
$39.00$34.00Aug 21$3.38$2.25$5.63$28.37$44.63
$41.00$35.00Aug 21$2.90$2.73$5.63$29.37$46.63
$42.00$36.00Aug 21$2.48$3.20$5.68$30.32$47.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 49 found (best R:R 9.00, avg credit $0.69)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
31/3235/36Aug 21$0.90$0.109.00$31.10$35.90
34/3541/42Aug 21$0.90$0.109.00$34.10$41.90
39/4042/43Aug 21$0.90$0.109.00$39.10$42.90
35/3641/42Aug 21$0.89$0.118.09$35.11$41.89
34/3537/38Aug 21$0.88$0.127.33$34.12$37.88
35/3637/38Aug 21$0.87$0.136.69$35.13$37.87
37/3844/45Aug 21$0.87$0.136.69$37.13$44.87
32/3341/42Aug 21$0.85$0.155.67$32.15$41.85
32/3337/38Aug 21$0.83$0.174.88$32.17$37.83
36/3741/42Aug 21$0.82$0.184.56$36.18$41.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 9.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$35.00$36.00$37.00Aug 21$0.10$0.909.00
$36.00$37.00$38.00Aug 21$0.10$0.909.00
$41.00$42.00$43.00Aug 21$0.17$0.834.88
$42.00$43.00$44.00Aug 21$0.17$0.834.88
$38.00$39.00$40.00Aug 21$0.37$0.631.70
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$31.00$32.00$33.00Aug 21$0.13$0.876.69
$38.00$39.00$40.00Aug 21$0.25$0.753.00
$36.00$37.00$38.00Aug 21$0.30$0.702.33
$33.00$34.00$35.00Aug 21$0.31$0.692.23
$39.00$40.00$41.00Aug 21$0.40$0.601.50

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

No setups found for this strategy

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 9.80%, avg 6.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$38.00Aug 21$3.700.540.7%9.80%10.46%8954
$39.00Aug 21$2.850.503.3%7.55%10.86%368
$40.00Aug 21$2.750.466.0%7.28%13.25%56616
$41.00Aug 21$2.600.438.6%6.89%15.50%1967
$42.00Aug 21$2.100.3911.3%5.56%16.82%239
$43.00Aug 21$1.950.3613.9%5.17%19.07%1253
$44.00Aug 21$1.700.3416.6%4.50%21.06%1851
$45.00Aug 21$1.500.3219.2%3.97%23.18%36477

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 801
Total Puts 142
Put/Call Ratio 0.18
Net Difference 659

Prior's Put/Call Breakdown

Total Calls 1,751
Total Puts 228
Put/Call Ratio 0.13
Net Difference 1,523

Prior 7-Day Put/Call Summary

Total Calls 15,075
Total Puts 8,216
Average Put/Call Ratio 0.41
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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