Tour v490
VIAV
VIAVI SOLUTIONS INC
$40.85 +8.21%
(8/4 14:09) ◀
|
Tuesday, August 4, 2026 (3:05pm)
January 2026
|
▶ (8/4 18:12)
◀ 8/4 15:07 ▶

Option Volume

Detail
ℹ
Current (08/04 3:05pm) 3,999
Calls: 2,459 (61%)
Puts: 1,540 (39%)
Prior (08/03) 882
Calls: 754 (85%)
Puts: 128 (15%)
Current vs Prior +353.40%
Calls: +226.13% (Calls)
Puts: +1103.12% (Puts)
Prior 7-Day Total 20,849
Calls: 12,790 (61%)
Puts: 8,059 (39%)
Prior 7-Day Average 2,978
Calls: 1,827 (61%)
Puts: 1,151 (39%)
Current vs Prior 7-Day Avg +34.27%
Calls: +34.58%
Puts: +33.76%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/04 3:05pm) $1.82M
Calls: $969.7K (53%)
Puts: $846.2K (47%)
Prior (08/03) $337.9K
Calls: $284.5K (84%)
Puts: $53.5K (16%)
Current vs Prior +437.40%
Calls: +240.90%
Puts: +1483.22%
Prior 7-Day Total $7.48M
Calls: $4.70M (63%)
Puts: $2.79M (37%)
Prior 7-Day Average $1.07M
Calls: $670.8K (63%)
Puts: $398.2K (37%)
Current vs Prior 7-Day Avg +69.87%
Calls: +44.57%
Puts: +112.51%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/04 3:05pm) 0.63
Prior (08/03) 0.17
Current vs Prior +268.91%
Prior 7-Day Average 0.47
Current vs Prior 7-Day Avg +31.85%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/04 3:05pm) 102,377
Calls: 68,198 (67%)
Puts: 34,179 (33%)
Prior (08/03) 101,845
Calls: 67,698 (66%)
Puts: 34,147 (34%)
Current vs Prior +0.52%
Prior 7-Day Total 636,538
Calls: 433,155 (68%)
Puts: 203,383 (32%)
Prior 7-Day Average 90,934
Calls: 61,879 (68%)
Puts: 29,054 (32%)
Current vs Prior 7-Day Avg +12.58%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/21) | Next (09/18)
Current 23.38% | 31.33%
Prior 23.35% | 31.32%
Current vs Prior +0.10% | +0.06%
Prior 7-Day Avg 25.09% | 32.72%
Current vs 7-Day Avg -6.84% | -4.23%
Prior 7-Day Eod 23.35% | 31.32%
Current vs 7-Day Eod +0.10% | +0.06%
Sentiment BEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 9.41% | 9.40%
Calls: 10.31% | 8.96%
Puts: 8.51% | 9.84%
Prior 15.91% | 13.56%
Calls: 15.73% | 13.33%
Puts: 16.09% | 13.79%
Current vs Prior -40.85% | -30.68%
Prior 7-Day Avg 14.80% | 11.01%
Calls: 15.50% | 11.81%
Puts: 14.11% | 10.21%
Current vs 7-Day Avg -36.43% | -14.66%
Liquidity Expensive
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🤖 AI Insights

Massive premium surge with dollar volume up 437% vs prior. Dollar volume significantly above 7-day average (70% higher). Unusually high activity with volume up 353% vs prior - elevated interest. Bullish P/C ratio of 0.63.

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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:05BULLISHBULLISHBULLISH
14:05BULLISHBULLISHBULLISH

📈 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 17 of results (avg 7.5%, best 3.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.00Sep 186.707.10$6.905.8%--0.62277
$38.00Aug 215.706.20$5.958.4%200.65138
$35.00Aug 217.508.20$7.858.9%10.7542
$40.00Sep 186.407.00$6.709.0%570.591.4K
$48.00Aug 212.052.25$2.159.3%240.33175
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.00Aug 215.105.30$5.203.8%300.4943
$40.00Sep 185.405.70$5.555.4%490.41704
$46.00Sep 189.009.50$9.255.4%410.55250
$48.00Sep 1810.3010.90$10.605.7%--0.59870
$44.00Sep 187.708.20$7.956.3%90.5077

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. 29 found (avg delta 0.62, highest 0.78)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$34.00Aug 217.609.00$8.3016.9%--0.7828
$33.00Sep 189.4011.00$10.2015.7%--0.7742
$35.00Aug 217.508.20$7.858.9%10.7542
$34.00Sep 188.8010.40$9.6016.7%10.74208
$36.00Aug 216.707.50$7.1011.3%--0.7214
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$46.00Aug 217.408.00$7.707.8%--0.6112
$49.00Sep 1810.9011.80$11.357.9%--0.61319
$48.00Sep 1810.3010.90$10.605.7%--0.59870
$45.00Aug 216.607.30$6.9510.1%--0.58466
$47.00Sep 189.5010.70$10.1011.9%--0.58483

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 1.4K, top 207)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Sep 184.405.00$4.7012.8%2070.47262
$45.00Aug 212.803.10$2.9510.2%1890.41478
$43.00Aug 213.303.80$3.5514.1%1790.4865
$40.00Sep 186.407.00$6.709.0%570.591.4K
$40.00Aug 214.605.10$4.8510.3%550.58665
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 211.752.00$1.8813.3%1750.241.5K
$38.00Aug 212.753.30$3.0318.2%1600.3587
$40.00Sep 185.405.70$5.555.4%490.41704
$34.00Sep 182.653.10$2.8815.6%420.2559
$46.00Sep 189.009.50$9.255.4%410.55250

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 18.2%, max 22.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$41.00Aug 21Sep 18132.7%108.4%22.4%8128
$37.00Aug 21Sep 18128.1%106.0%20.9%1389
$47.00Aug 21Sep 18128.5%106.5%20.7%1150
$48.00Aug 21Sep 18129.9%107.8%20.5%25335
$40.00Aug 21Sep 18126.2%105.3%19.8%1122.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$41.00Aug 21Sep 18132.7%108.4%22.4%--104
$37.00Aug 21Sep 18128.1%106.0%20.9%73.4K
$40.00Aug 21Sep 18126.2%105.3%19.8%581.1K
$46.00Aug 21Sep 18128.6%107.5%19.7%41262
$36.00Aug 21Sep 18128.0%107.1%19.5%1297

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 51 found (best R:R 5.67, avg 1.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$48.00$49.00Sep 18$0.15$0.85$0.155.67$48.15
$47.00$48.00Aug 21$0.20$0.80$0.204.00$47.20
$39.00$40.00Sep 18$0.20$0.80$0.204.00$39.20
$43.00$44.00Sep 18$0.20$0.80$0.204.00$43.20
$47.00$48.00Sep 18$0.20$0.80$0.204.00$47.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$34.00$33.00Aug 21$0.23$0.77$0.233.35$33.77
$35.00$34.00Aug 21$0.35$0.65$0.351.86$34.65
$34.00$33.00Sep 18$0.35$0.65$0.351.86$33.65
$36.00$35.00Aug 21$0.37$0.63$0.371.70$35.63
$35.00$34.00Sep 18$0.37$0.63$0.371.70$34.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 60 found (best R:R 5.67, avg 1.20)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$36.00Sep 18$0.80$0.80$0.204.00$35.80
$35.00$36.00Aug 21$0.75$0.75$0.253.00$35.75
$36.00$37.00Aug 21$0.75$0.75$0.253.00$36.75
$38.00$39.00Sep 18$0.65$0.65$0.351.86$38.65
$40.00$41.00Sep 18$0.65$0.65$0.351.86$40.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$47.00$46.00Sep 18$0.85$0.85$0.155.67$46.15
$46.00$45.00Aug 21$0.75$0.75$0.253.00$45.25
$49.00$48.00Sep 18$0.75$0.75$0.253.00$48.25
$41.00$40.00Aug 21$0.70$0.70$0.302.33$40.30
$42.00$41.00Sep 18$0.70$0.70$0.302.33$41.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 30 found (avg debit $1.54, cheapest $1.23)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$34.00Aug 21Sep 18$1.30126.2%108.3%
$36.00Aug 21Sep 18$1.30128.0%107.1%
$35.00Aug 21Sep 18$1.35127.4%107.7%
$37.00Aug 21Sep 18$1.50128.1%106.0%
$39.00Aug 21Sep 18$1.50124.9%107.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$33.00Aug 21Sep 18$1.23128.5%108.8%
$34.00Aug 21Sep 18$1.35126.2%108.3%
$35.00Aug 21Sep 18$1.37127.4%107.7%
$36.00Aug 21Sep 18$1.40128.0%107.1%
$37.00Aug 21Sep 18$1.40128.1%106.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 21.66% of stock, avg 27.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$39.00Aug 21$5.40$3.45$8.85$30.15$47.8521.66%
$40.00Aug 21$4.85$4.00$8.85$31.15$48.8521.66%
$38.00Aug 21$5.95$3.03$8.98$29.02$46.9821.98%
$37.00Aug 21$6.35$2.65$9.00$28.00$46.0022.03%
$42.00Aug 21$4.00$5.20$9.20$32.80$51.2022.52%
$41.00Aug 21$4.55$4.70$9.25$31.75$50.2522.64%
$43.00Aug 21$3.55$5.70$9.25$33.75$52.2522.64%
$36.00Aug 21$7.10$2.25$9.35$26.65$45.3522.89%
$44.00Aug 21$3.30$6.30$9.60$34.40$53.6023.50%
$35.00Aug 21$7.85$1.88$9.73$25.27$44.7323.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 49 found (cheapest 13.17% of stock, avg 21.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.00$38.00Aug 21$2.35$3.03$5.38$32.62$52.38
$46.00$38.00Aug 21$2.63$3.03$5.66$32.34$51.66
$47.00$39.00Aug 21$2.35$3.45$5.80$33.20$52.80
$45.00$38.00Aug 21$2.95$3.03$5.98$32.02$50.98
$46.00$39.00Aug 21$2.63$3.45$6.08$32.92$52.08
$44.00$38.00Aug 21$3.30$3.03$6.33$31.67$50.33
$47.00$40.00Aug 21$2.35$4.00$6.35$33.65$53.35
$45.00$39.00Aug 21$2.95$3.45$6.40$32.60$51.40
$43.00$38.00Aug 21$3.55$3.03$6.58$31.42$49.58
$46.00$40.00Aug 21$2.63$4.00$6.63$33.37$52.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 44 found (best R:R 9.00, avg credit $0.71)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
34/3538/39Aug 21$0.90$0.109.00$34.10$38.90
34/3541/42Aug 21$0.90$0.109.00$34.10$41.90
33/3442/43Sep 18$0.90$0.109.00$33.10$42.90
38/3942/43Aug 21$0.87$0.136.69$38.13$42.87
36/3742/43Aug 21$0.85$0.155.67$36.15$42.85
37/3841/42Sep 18$0.85$0.155.67$37.15$41.85
37/3842/43Aug 21$0.83$0.174.88$37.17$42.83
35/3642/43Aug 21$0.82$0.184.56$35.18$42.82
34/3542/43Aug 21$0.80$0.204.00$34.20$42.80
39/4043/44Aug 21$0.80$0.204.00$39.20$43.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$46.00$47.00$48.00Aug 21$0.08$0.9211.50
$41.00$42.00$43.00Aug 21$0.10$0.909.00
$45.00$46.00$47.00Sep 18$0.15$0.855.67
$46.00$47.00$48.00Sep 18$0.15$0.855.67
$42.00$43.00$44.00Aug 21$0.20$0.804.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$43.00$44.00$45.00Aug 21$0.05$0.9519.00
$42.00$43.00$44.00Aug 21$0.10$0.909.00
$44.00$45.00$46.00Aug 21$0.10$0.909.00
$44.00$45.00$46.00Sep 18$0.10$0.909.00
$33.00$34.00$35.00Aug 21$0.12$0.887.33

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. 18 found (best yield 13.46%, avg 8.68%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$41.00Sep 18$5.500.570.4%13.46%13.83%--52
$42.00Sep 18$5.400.552.8%13.22%16.03%1874
$43.00Sep 18$4.700.525.3%11.51%16.77%--238
$44.00Sep 18$4.700.507.7%11.51%19.22%1119
$45.00Sep 18$4.400.4710.2%10.77%20.93%207262
$41.00Aug 21$4.300.550.4%10.53%10.89%876
$42.00Aug 21$3.800.512.8%9.30%12.12%3639
$46.00Sep 18$3.700.4512.6%9.06%21.66%--570
$43.00Aug 21$3.300.485.3%8.08%13.34%17965
$47.00Sep 18$3.300.4215.1%8.08%23.13%--73

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 2,459
Total Puts 1,540
Put/Call Ratio 0.63
Net Difference 919

Prior's Put/Call Breakdown

Total Calls 754
Total Puts 128
Put/Call Ratio 0.17
Net Difference 626

Prior 7-Day Put/Call Summary

Total Calls 12,790
Total Puts 8,059
Average Put/Call Ratio 0.47
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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